Don't underestimate Bachman. She can raise money with the best of them and if Pain stays out she'll get the Tea Party support. She's not my first choice but I think she is proving that she's deeper and more formidable than Palin.
While Ronnie may be intelligent, has the crew of die-hard supporters, and produces books in droves, he doesn't have a chance and never did.
Haven't seen it - he gave them some new ammo with his "yeah I guess the shovel ready jobs weren't shovel ready" comment at his "economic" summit.
This vid FAILS to mention that this Depression was created by 1) BUSH'S tax cuts to the rich that Obama wisely extended and by 2) Bush's repeal of the Glass Steagall Act that separated commercial and investment banks preventing the former from making risky bets with their customers' deposits. Thankfully Obama signed tough financial reform laws that more bailouts impossible and created tons of jobs at mom and pop dollar stores as people struggle to stretch their unemployment checks. G0bama 2012!!
Thought this comment on the YouTube site was entertaining
The tax cuts for the rich caused this depression (thought it was a recession) but Obama was "wise" to extend them? Brilliant.
Also, I think the Glass/Stegall history lesson here is wrong too. Anyway - GObama!
Welcome to political reality. Background tends not to matter nearly as much as the reality on the ground at the time someone is in office.Average Youtube idiots, BUT...
Many people seem to have the wrong idea here. Is growth out of the recession slow under Obama? Yes. Did he get us there? Ummm... No.
Go watch Too Big to Fail on HBO. I'm sure there's some embellishment, but the movie leaves the impression that we were a weekend away from the end of society.
The most unbelievable part of the movie . . . Tim Geitner has the names of the major investment banks written on note cards laid out on his desk and he literally matches them up and then calls their CEOs and tells them to cut a deal and merge.I have yet to see it, but I'm pretty familiar with basically the whole story at this point -- to put it in context, as I'm sure you saw, it caused a few people who we thought of as the greatest financial and economic minds of our time to act completely against their own beliefs, because the alternative supposedly would have quite literally killed the US.
Average Youtube idiots, BUT...
Many people seem to have the wrong idea here. Is growth out of the recession slow under Obama? Yes. Did he get us there? Ummm... No. The credit market was far too easy, but anybody who believes that deregulation wasn't a significant, direct cause of the mess we've been in is full of ****.
It baffles me how so many people can analyze that situation and be so willing to point only one finger, and it always seems to come down to either credit became to easy to get, or rampant deregulation happened... Anybody who says only one of those things is to blame is being a giant dillhole.
My problem with the R candidates is, they've shown no indication of where they think regulation becomes necessary. The only conclusion I can draw from that until I hear otherwise, is that the objectivism train is still rolling strong, in spite of one of its biggest conductors (Greenspan) jumping off. I don't get it.
I'm against government being a player in nearly all markets, but there has to come a point where laws keeping business of any variety in check in some way has to come into play. Effing volumes can be written about why that is an absolute necessity, yet all I hear is the same "all regulation and all taxes bad!" chorus. Makes me want to bash my head against a wall.