After reading Mr. Lesmiester’s reader opinion piece, one has to wonder.
Let’s go back and examine the last four years. Four years ago he (Obama) was running around the country spewing his snake oil and being a pied piper to the younger voters and die-hard Democrats.
He made many promises, most of which never materialized. He spent the first several weeks and hundreds of thousands of dollars touring the world and kissing up to every petty dictator he could find.
When he returned to Washington he blamed all of the problems on the previous administration and still does to this day. Then he dreamed up the stimulus plan which has brought us to the brink of bankruptcy and many thousands of which disappeared over seas. Then he stuck his nose into General Motors with many more taxpayer dollars. Then, he had another nightmare and came up with his health care plan. Along the way he visited his pal Putin and got caught by an open microphone telling him after he got his second term he would work with him under the radar. Then he snubs the only true friend we have in the Middle East — Israel.
Now, are the members of the Democratic Party ready to stand up and take the responsibility for the ballooning national debt? When he took office the per family share of the debt was in the $47,000 range. I believe that a conservative estimate would be in the $150,000 range today. I did not ask for him, so you can assume my share also.
I don’t see how anyone, with half a lick of common sense, could consider voting for any of the present administration. The Democratic controlled Senate has failed to present a budget for the last three years. They haven’t been doing their job so they should have been fired or recalled long ago.
Think it over and do the right thing. Send the present administration packing in November.
God bless America.
Vernon C. Irwin
Backus
Comments (20)
Add commentVernon , Are you Rip Van Winkle , Where have you been? ?
Think Vernons " story " is pretty selectively fictional.
Fact is Vernon , current administation are going to fix all the problems you missed RETROACTIVELY, if you help vote out the current do nothing Republicon Congress.
As you review that material you got in the mail from the Grifters out of control Party (GOP) remember they promised their campaign would NOT to be impacted or changed by Fact Checkers !
Pubby Dreamland
Obama spent the first part of his administration saving the US banking system, AIG, and GM. All efforts were successful despite bitter Republican opposition.
As to ocean's rising, Romney ridiculed that notion in his acceptance speech at the RC acceptance speech. Trashing science has become a Pubby trademark.
"saving the US banking
"saving the US banking system, AIG, and GM"
Most of the banks that he "saved" did not want nor need "saving". These funds were forced upon many banks regardless of need. (reference US Bank, TCF, Fifth/Third among others) The other banks should have been allowed to fail, and have their assests assumed by other banks.
He did not save GM ... he saved the UAW. The best thing that could have happened to GM is go into restructuring and be able to renegotiate all contracts.
I have a feeling Rolf, that you know all this yet refuse to acknowledge it.
Puppies reply
I love puppies when they dream. Yes, Rolf, I will not comment on the banks or AIG. However, GM is all over
the news. In Market Watch, "GM wants out of Government ; Obama says no".
Taxpayers own 27% of GM, due to the brave stand he took
to save the union jobs. GM wants out of the arrangement because it hurts the companies reputation and its ability to attract top talent due to pay restrictions.
GM wants to sell 200 million of 500million shares.
No, says the Treasure Dept. as it would be a HUGE loss
for the taxpayers.
Not a success by any means.
I think you just wrote that to test us to see if we know better.
Obama's America
Since Obama has taken office ….
[through Q2 2012 for comparative purposes]
--> For every $1 added to the economy, we’ve added more than $3 in debt
--> added $5.23 trillion in debt vs. $1.68 trillion to the economy
--> 50% increase in debt vs. 12% increase in economic output
Total Public Debt:
$10,626T [Jan 20, 2009]
$15,856T [Jun 30, 2012]
--> $5.23 trillion increase in debt
[source: Treasury Dept]
LLR
Cant wait to see their spin on your comment. Thanks for just the facts.
Rolf says, "Obama spent the first part of his administration
saving the US banking system" and the last part bitching that bankers were getting huge bonuses! From the NYTimes, "Nine of the financial firms that were among the largest recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008" Not a very valid point Rolf!
Pd
Do you get a 4 slice toaster now?? 1st to 10.000
OFB, naw, just the same knuckle heads
with their funny tunnel visioned life!
I always thought
It was their kool aid. Me thinks that poor southie sounds like mrs nolan way too much of that jim jones stuff. About same age according to her?? Just guessing.
Banks, GM, AIG, etc
The voters know what happened, and there are more of them outside the Tea Party. See you in Nov.
Rolf
Which voters know what happened?
Liberals or conversatives?
Be honest, no more Rolfspin please.
Rolf is a pleasant change
from the usual snarling pack of communist zealots on here.
At least he can spew the Party lies without spitting on those he's talking down to.
No Spin Zone on Debt
The debt figures listed by LLR assume that each president starts with a blank slate, which, of course, is wrong. Obama took office on Jan. 20, 2009, four months into George Bush's 2009 budget. Here are more accurate figures:
When Bill Clinton's last budget expired on Sept. 30, 2001, the debt of the U.S. was $5.8 trillion.
When George Bush's last budget expired on Sept. 30, 2009, the debt stood at $11.8 trillion. Before Obama took office, the CBO was projecting a $1.2 trillion deficit in fiscal 2009.
Since taking office, Obama has actually increased spending 1.4 percent a year, less than any president going back to Richard Nixon and far less than GW Bush, who increased spending by 7.3 percent a year during his first term and 8 percent a year his second term.
If debt has increased under Obama, it's because revenues have been down thanks to a recession that started before he was even elected, two extremely expensive wars he didn't start, tax cuts all Democrats opposed and the Medicare Part D drug plan. Besides, have you forgotten the words of Dick Cheney, who said, "Ronald Reagan proved debt doesn't matter."
And for the record, the bank bailout (TARP) happened under Bush, not Obama.
And that's not spin.
Immature
If you want Bush to take credit for the bank bailout.
Then Obama can't, as some on here have given him
credit for.
The rest is just excuses . When you start a job, you start
taking responsibility on the day you start.
When a coach starts a new job with a new team, he starts that day. He doesn't spend the next 3-4 seasons complaining about the mess he inherited and all the problems of previous
coaches.
This is true for all jobs, at least private sector jobs.
You start taking responsibilites the day you start not years later. You might be out of a job if you keep complaining about the person who previously had the job.
I have started a job when there was a mess. My job was to clean up the mess and go forward.
Aren't we all in this together?
It's my understanding that only $300 billion of the $700 billion in TARP money that was authorized was spent by the time the program expired, and that not a penny went to big banks during the Obama administration. Also, those banks have repaid the money with interest.
This isn't a matter of blame or credit, it's about understanding what happened and why, and making sure it doesn't happen again. With the future of social security and medicare on the line, we all have some skin in this game.
As for the auto company bailout, that began under Bush and ended under Obama. In his book "Decision Points", Bush said bailing out the automakers was the only option because the bankruptcy of GM and Chrysler would have resulted in the loss of a million jobs and cost the treasury $150 billion in lost revenues.