Posts Tagged ‘George Bush’

“The Rabid Dogs of Hypocrisy”

This article has been posted on The Huffington Post, To view it on HuffPost click on the link!

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Discontent is high on both sides of the political spectrum.

These are the best of times and the worst of times — a clash between the tea party and occupy, taxes and spending cuts, the haves and have-nots, religiousocity and reality, poverty and gluttony, big government and small government.

But the warring — the battle between right and wrong, good and evil — does not stop there. The battle lines are fluid, constantly moving, and as more lines are being drawn chances of survival decline.

What’s caused this huge divide?

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“Double Dip: A Republican Conundrum!”

The financial crisis is a Republican creation they won’t talk about!

Supply-side economics, Reaganomics, lazzez-faire, all theories of economics, developed and promoted by Milton Freidman—advanced by many—and responsible for the financial quagmire we are currently drowning in.

These theories are the mantra of conservative Republicans and the foundation of their party’s free-market-capitalism platform. It is also the cause of nearly all the financial woes and hardships hard-working Americans are experiencing. They have pushed supply-side for 30 years and it has led to the most damaging recession since The Great Depression.

The supply-side experiment is a failure and has left us in such a dire position that with a little shove we could fall into a global depression. The potential is so great that unprecedented steps had to be undertaken to prevent plummeting that far.

But we’re not through. As fears mount of a double-dip we could slide back to, or below, the March 9, 2009 lows when, the Dow fell below 6,600, its lowest level since April 15, 1997 and the S&P slid below 700, its lowest close since September 12, 1996.

In fact the Dow is poised to fall below the 6,000 level or further as it nears the second low. Read “The Dow at 6,000.”

Things were, and are still extremely difficult.

Who is responsible for the difficult problems we face?

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Posted in Economy, Politics, Republican Crises | No Comments »