morning benz.
When I looked up the Nat'l Debt and how much of it was accumulated under the Republicans, I found that Reagan took us from $850b to over $2t, then old man Bush took us from $2t to over $4t. Bush/Cheney soaked this country for $5.1 trillion, and when he left this nation owed over $11t and led this country down the path of war based on lies. The both of them have the blood of our soldiers on their hands. Just how much money did the Bush Sr., and Jr. spend on just warring with Iraq?. I didn't look up those figures, but we know its into the trillions.
Both of them made sure their buddies got their fill of government money giving out contracts to all their buddies who supported them, or who they could make money from via the taxpayers. We then have to take a good look at those he or his father put into position. Cox was nominated by old man Bush, and for good reason. When we look at the whole picture, the publicly traded corporations/Wall Street, the non regulated Hedgies, and the financial institutions/banks, along with Greenspan and his pumping of deregulation, and his support of these complex derivatives that could swallow every countries financial system many times over its not hard to understand what facilitated all this. The Treasury, and the Fed, were tuned, and used for their personal use.
The S&L collapse we are all still paying for, and it just didn't happen because of a few. The Bush family was up to their necks in it. Clinton was up to his neck with Dot com.s as was Cox. The Deregulation Bill he signed eventually led the market into a crash, and the market has never recovered, and many were wiped out. Before Bush left office between he, Paulson, Cox, Bernanke they managed to get a Bill passed for all those bailouts, and with full knowledge that $780b was just the beginning for what they would really wind up dishing out. Geitner who is nothing more than just another member of this club, and was a key player in all this, has taken this bailout to more than $3t.
Is it not obvious that the total bailout was just a rollover from what was initially asked for?. Since Reagan the National Debt escalated to $11t prior to Obama, and this doesn't account for the more than $2.4t that was added to the bailout. Even now there may be more given out?. This was occurring behind closed doors. Just look what the Republicans have done to this nation, there's no words that can formulated for the disgust thats felt for what Bush/Cheney has done to this country. But they couldn't have done all they did if they didn't have those that were willing to throw their towels in with them.
All we've got since Eisenhower left office has been the rule of power, and for the war mongers who've created a government of full blown corruption that has destroyed us from within, and who've had allowed the corporations, financial institutions, The Pentagon, The Defense Department, The Department of the Interior, our regulatory agencies, and Government contractors here and abroad feed off us monetarily and morally like parasitic worms. At its root is all about money, and manipulation.
Nothing was learned about the S&L's. We left Kuwait after Desert Storm successfully, and nothing was learned from that. We didn't learn anything, from the attempts to bring down the World Trade Center. We didn't learn from Russia's war on Afghanistan fighting their war, their way, in fact we helped defeat Russia so we could give tyrannical rule to the Taliban, and a country reponsible for as much as 80 to 90% of the worlds heroin trade. 911 was the payback. How much worse does it get from 10 year old wars?. We should have been able to do what we needed to do in less time that it took us in Kuwait. But this government is into fighting nice, and rebuilding countries at the US taxpayers expense while our own infrastructure is collapsing around us, and a war waging at our very borders. It eventually trickels down to each and everyone of our major cities, even our small towns.
No responsible government, Federal or State would allow its country to become overwhelmed with illegals, "but ours does". Who ultimately pays for it?. Whats been the repurcussions this far?. Its insane to think that illegals can work, get a home loan, a car loan, a drivers license, and the people behind giving this to them. Given the CDO's, the CDS policies written without the capital to back these gambling bets is it any wonder?. "There was always the Treasury that would". If it wasn't Arthur Anderson, it was this countries 3 rating agencies who were being bought like whores on the street.
Who has yet been indicted other than Madoff, or Stanford?, who were the 2 biggest scapegoats. All those who were involved in sucking the money out of the economy, and bringing ours and those abroad to its knees, and raking in millions, ten of millions, hundreds of millions, and even billions are still at it. Still employed, making it on the way up as they did on its way down.
Financial Reform, at the very least means the government will take all this and shove it up the American working peoples Butt, and it won't be the first time!. The republicans will attack on all fronts because now this countries broke!!. Broke as the family on the street who've lost their home, and jobs, and retirement funds. No money for schools, no money for parks, or the things people are dependent on in our cities, and States who managed to open up the vegas corporate loopholes that allowed corporations like Walmart, and Microsoft to get out of paying their corporate taxes they rightfully should have paid to the States where they operated. Guess who pays for that?. Guess whose responsible for the hundreds of millions in money losses just here in Wisconsin?.
There will many to get reimbursed who were clients of Madoff, but no one else, well other than those who received the bailouts. They rest of us will to get a bailout, in boats that have had holes punched in them.
After 50 years of this shit I would think that every American would see this entire picture. This country was on good footing after Eisenhower left office it was a success story, having pulled through the Depression, and the War. Just look at what so many of these shitheads have managed to do since. There were good things put in place for the American people, and without the people with good minds, and souls with honor, and diginity to run it, its people wind up at the Capital cities to protest what more they want to take away, as their corporate friends gorge themselves with their defiled money, and tax benefits so they further their support to all that make it all possible.
