Pelosi is Brilliant

President Bush was spending it in Iraq. Now it will be spent in the United States.

 

Maybe you should check that out a bit more.

 

No need to. My statement is accurate, my Upside Down U.S. Flag friend.

 

I don't believe all the bad loans are from people who took loans they couldn't afford. That might account for some but even a blind man can see when half million people loose their job every month and unemployment is at 7% then there will be people (the unemployed) who can't pay their bills. I believe they fully intended to pay their bills when they took the loans or used the credit but fate turned against them and now they are unable.

 

Ummm....it is incomplete therefore inaccurate.

 

My statement is accurate, just as I said. If you have a point to make why don't you make it instead of talking around the edges?

 

Running huge budget deficits like President Bush did for several years while the economy was thriving was a dumb thing to do. To run huge budget deficits to kick start the economy from falling from a recession into a depression like President Obama is going to do is smart.

If President Bush and the Republican Congress hadn't run $500 billion yearly deficits for several years then the yearly deficit wouldn't be going as high as it will be this year.

 

There have been two times in my life that I was in serious financial trouble.

One was "stupid tax." I made a slew of bad decisions.

One was events largely out of my control.

On neither occasion did it ever occur to me to ask other people to bail me out. It was my problem; thus, it was my job to handle it. Adulthood 101.

Sorry, but on a constitutional and a practical level, it is not the government's job to bail you, me, or anyone out of financial messes.

There is room for improvement in how the church helps people, no doubt (Though I think there are more churches out there doing a good job than people realize...they just don't toot their own horn).

If you bail me out of a mess that I've made...I learn nothing, and chances are very high that I'll mess up again. Adulthood 102.

 

Agreed...but I make two additions:

1. Your first sentence: Congress is also responsible.
2. The congress in there now is not Republican...and if anything, they're going to go even crazier when it comes to spending our money.

You won't find me defending the Republican drunken sailors that ran congress until a few months ago. However...you all need to be consistent: If you are bothered by deficit spending, then you should be bothered with what the Democrats are about to do, as well.

 

If running up the deficit is helpful when the economy is slow then how is it not helpful when it is moving? (Rhetorical question)


This is an excuse to implement that which there would otherwise be difficulty in doing so and nothing more. Add to that everyone who supports it knows it. This lacks any amount of intellectual honesty.

 

I'm hoping Pelosi is a valuable tool in showing Americans that being a liberal is harmful to the country...

 

I fundamentally disagree with that position. Recessions are caused by a retrenchment in spending in the private sector. The public sector has to make up for this by filling the spending gap.

 

Recessions are caused by less spending, less industrial production, less services provided.

The solution is more spending, more industrial production, more services provided.

If the private sector can't do this then it is incumbent on the public sector to do so...unless one wants to see a repeat of the 1930s.

 

We'll just have to agree to disagree on this matter, Pastor Larry.

 

a hat rack