Burning Down The House: What Caused Our Economic Crisis?Watch it to the end...
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
Since voting in a Democratic Congress in 2006 we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $4.1 0 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value
evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by
$1.2 trillion dollars;
6) 1% of American homes are in foreclosure.
7) Food prices skyrocketing over 30% in 1 year.
America voted for change in 2006, and we got it --
a Democratic Congress!
Remember it's Congress that makes law -- not the President.
He has to work with what's handed to him.
Actually I think they all share part of the blame. In the old days when we had true patriots in office things went a lot better. Don't you which we had Andrew Jackson's and Daniel Webster today.
Congress can over-ride a veto, but it doesn't work the other way around. I stand by my post. There's a reason that the approval rating for congress is lower than that of Bush. You think things are rough now, wait until we get a muslim in the white house. osama doesn't want to be President, he wants to be king..... I'm not gonna help him get there.
We also had better better presidents back then. History shows us that good presidents are able to get things done no matter which party controls Congress.
We also had better better presidents back then. History shows us that good presidents are able to get things done no matter which party controls Congress.
Hopefully we'll see one of them again in my lifetime.wish we had one of those guys on the ballot.