November 10, 2007


Stiglitz: Worst President Ever

"Bush's fiscal irresponsibility fostered irresponsibility in everyone else. Credit was shoveled out the door, and subprime mortgages were made available to anyone this side of life support. Credit-card debt mounted to a whopping $900 billion by the summer of 2007.

The Federal Reserve Board stepped on the accelerator in a historically unprecedented way, driving interest rates down to 1 percent. In real terms, taking inflation into account, interest rates actually dropped to negative 2 percent. The predictable result was a consumer spending spree."

Read every single word here.

3 comments:

BK said...

bk6245RE "the worst president ever". He has murdered many more innocent people than Saddam and deseves the same fate. In fact, if he was from any other country he would bring himself up on war crimes.

Today he continues to murder for the sole reason of saving a legacy of any sort. he is a perfect example why abortion should become retroactive. He makes me sick!
When he dies and it can't come too soon the world stage will cheer his demise. Not too many people will gieve.
I am 68 years old and have led an exemplary life. If given the opportunity to take part in the president's funeral procession I will spit on the casket as I walk by and I'll do it with a smile on my face.
He might have some people fooled but he can't be a christian person, he is too evil.

BK said...

a "presidency" based on lies. Whether a democrat or a republican I think we can all agree he took a hero's duty in Vietnam and turned it into a negative based on the lies of "the swift boat" ads.
They made bush's service to his country while serving in the "guard" in Texas and Lousiana more of a positive than Kerry's choice to join and be in charge of a Swift Boat.

bush has never stopped changing the reason he went to war in Iraq. he wants us to be confused about the original reasons.

I hope we have to use "Dave" as our president!!!!!

BK said...

All our great leaders have had someone try to assassinate them. Unfortunately we have lost several of them. Why is it that no one ever tries to kill the stupid ones?
Maybe bush's stupidity is deemed as less of a threat than his successor would pose? Imagine cheney as our president? My word what a revolting development the american electorate finds themselves in.
For the 1st time in history the promise that our children have a chance of a better life has gone by the board. You have no idea how the idiot has changed the good old USA