Swiper, no swiping! (shout out to Dora the Explorer!)
Ok, I "swiped" this comic from someone else's blog. It was just too funny and too true to not pass along my blog waves. I even printed out a hard copy for my desk at work.
Who remembers Steve Urkel? Family Matters? Let me hear a whaaat whaaat!
"All the facts plainly show that it was under George W. Bush that, since he initiated his tax cuts right after he first got into office, America saw her national debt grow astronomically high (from 6 trillion to 13.5 trillion in his 8 years in office). It was under George W. Bush that we lost 8 million jobs. It was under George W. Bush that Americans had to fund two very lengthy and expensive wars. It was under George W. Bush that we saw the HUGE damage done by the credit default swaps (CDS) that were allowed by the Gramm-Leach-Bliley Act, passed along party lines by the Republicans just before Bush took office. It was under George W. Bush that we saw the financial collapse of Wall Street, and the crashes of the stock markets and housing market. It was under George W. Bush that we bailed out the banks with TARP, which in itself was the biggest bank robbery ever in the history of the world...perpetrated by the bankers themselves!
The Republicans can't re-write this part of history!
Obama can't hire people in the private sector, he can only put people to work in the federal government.
But because Republicans don't want to raise taxes on the rich, the big banks, and big corporations (and because of high unemployment and lower property tax revenues due to the housing crash and record foreclosures), states budgets are suffering and have been laying off state workers as well.
The big banks and the big corporations control the economy, government can only regulate and tax. And whenever government attempts to regulate and tax, big banks and big corporations use armies of lawyers to circumvent regulations and taxes. The Republicans made it possible for the big banks to sell derivatives and for big corporations to outsource jobs...and Republicans made it possible for the big banks and big corporations to circumvent regulations and taxes.
Yet incredibly, one man is being blamed for the economy. I find that very odd as Obama was just beginning his first semester of school at Columbia University in 1981 when Ronald Reagan took office and then eliminated the windfall profits tax, and Obama was just an Illinois state senator when the Republicans enacted the Gramm-Leach-Bliley Act in 1999, and when the Bush tax cuts were first implemented in 2001, and Obama was just one vote in Congress when the housing market crashed after Enron, the Lehman Brothers and Bear Stearns failed in 2008. A Republican (George W. Bush) was the president when all the big banks got their huge low-interest loans from the taxpayers with TARP (aka "The Biggest Bank Robbery in History of the World").
As anyone can plainly see from the chart below from Google Finance, the stock market was crashing in the last year under George W. Bush, while for the last two years under Obama the stock market has recovered, and made record profits, salaries and bonuses. For the big banks and the big corporations, the economy HAS recovered, it's just a "jobless recovery" because big banks and big corporations aren't investing in America and hiring people (hoarding cash), while "emerging markets" (those in China with American jobs spending money) is the new customer base for the big banks and big corporations.
President Obama, because we live in free society, can't single-handedly FORCE big banks and big corporations to build factories and hire people in America. And the only legislation the Republicans will pass is just regulations and tax laws favorable to big banks and big corporations (their campaign donors, "cash-for-votes"). Whenever the Democrats try to pass legislation that will benefit ordinary working folks (i.e. taxes on the rich to bring down the debt, or the reform of the banks, or policies against outsourcing jobs), the Republicans vote against it."
4 comments:
Oh, seriously!! So funny!! I still might have to steal it ;)
HAHAHAHA! That is laugh out loud true. Thanks.
Hoot n' Hollar! That cracked me up! Waaaay too funny. I'm still laughing and have had to correct several spelling mistakes because of it!
What makes this comment even funnier is that my "word verification" security thingamabob is "boodi." I think it's late.
http://bud-meyers.blogspot.com/2011/05/why-blame-obama-for-bad-economy.html
"All the facts plainly show that it was under George W. Bush that, since he initiated his tax cuts right after he first got into office, America saw her national debt grow astronomically high (from 6 trillion to 13.5 trillion in his 8 years in office). It was under George W. Bush that we lost 8 million jobs. It was under George W. Bush that Americans had to fund two very lengthy and expensive wars. It was under George W. Bush that we saw the HUGE damage done by the credit default swaps (CDS) that were allowed by the Gramm-Leach-Bliley Act, passed along party lines by the Republicans just before Bush took office. It was under George W. Bush that we saw the financial collapse of Wall Street, and the crashes of the stock markets and housing market. It was under George W. Bush that we bailed out the banks with TARP, which in itself was the biggest bank robbery ever in the history of the world...perpetrated by the bankers themselves!
The Republicans can't re-write this part of history!
Obama can't hire people in the private sector, he can only put people to work in the federal government.
But because Republicans don't want to raise taxes on the rich, the big banks, and big corporations (and because of high unemployment and lower property tax revenues due to the housing crash and record foreclosures), states budgets are suffering and have been laying off state workers as well.
The big banks and the big corporations control the economy, government can only regulate and tax. And whenever government attempts to regulate and tax, big banks and big corporations use armies of lawyers to circumvent regulations and taxes. The Republicans made it possible for the big banks to sell derivatives and for big corporations to outsource jobs...and Republicans made it possible for the big banks and big corporations to circumvent regulations and taxes.
Yet incredibly, one man is being blamed for the economy. I find that very odd as Obama was just beginning his first semester of school at Columbia University in 1981 when Ronald Reagan took office and then eliminated the windfall profits tax, and Obama was just an Illinois state senator when the Republicans enacted the Gramm-Leach-Bliley Act in 1999, and when the Bush tax cuts were first implemented in 2001, and Obama was just one vote in Congress when the housing market crashed after Enron, the Lehman Brothers and Bear Stearns failed in 2008. A Republican (George W. Bush) was the president when all the big banks got their huge low-interest loans from the taxpayers with TARP (aka "The Biggest Bank Robbery in History of the World").
As anyone can plainly see from the chart below from Google Finance, the stock market was crashing in the last year under George W. Bush, while for the last two years under Obama the stock market has recovered, and made record profits, salaries and bonuses. For the big banks and the big corporations, the economy HAS recovered, it's just a "jobless recovery" because big banks and big corporations aren't investing in America and hiring people (hoarding cash), while "emerging markets" (those in China with American jobs spending money) is the new customer base for the big banks and big corporations.
President Obama, because we live in free society, can't single-handedly FORCE big banks and big corporations to build factories and hire people in America. And the only legislation the Republicans will pass is just regulations and tax laws favorable to big banks and big corporations (their campaign donors, "cash-for-votes"). Whenever the Democrats try to pass legislation that will benefit ordinary working folks (i.e. taxes on the rich to bring down the debt, or the reform of the banks, or policies against outsourcing jobs), the Republicans vote against it."
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