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Re: GWMAN post# 186387

Monday, 02/23/2009 6:26:53 PM

Monday, February 23, 2009 6:26:53 PM

Post# of 275594
GWMAN - be honest here - nobody likes the Porkulus plan unless they are a special interest of the left or somebody who spent too much on their home and are looking for somebody to take responsibility for their poor judgment or, perhaps, a Salt Marsh Mouse.

If you think that all of this drop is related to Pres. Bush, you are forgetting who was controlling Congress (i.e. the purse strings) for the last few years, who was pushing Fannie & Freddie to continue to loan at higher and higher levels to those who couldn't afford it (Barney Frank and his cohorts on the left) and what history tells us: when Pres. Bush got Congress on the right track in 2003 and got his tax cut package passed on Capital Gains, Dividends and Individuals, it sparked a market rebound, and, more importantly, GDP growth that averaged 3.4% per year for the next 3 years. Obama and the liberal left leadership in Congress has shown their incompetence in rejecting that which would help (tax cuts, smaller gov) for their own political gain (big $$ for special interests). It's going to bite them and is biting them right now (and sadly, all of us). The great humor in it all is after passing multi-trillion dollar spending legislation (making the deficit growth under Bush pale in comparison), Obama and the left are now talking fiscal responsibility... hmm... just a bit late on that one!
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