The Republican Party has created an economy so terrible that America nearly entered the second Great Depression. Barack Obama could be using the poor economy as a strategy to help him win the presidential election. Instead he plays nice. What is his reasoning behind this, especially when John McCain has no problem attacking him?
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Mo Rocca appears on a bunch of shows, including CBS News Sunday Morning (with the indescribably wonderful Charles Osgood), The Tonight Show on NBC, and NPR's Wait Wait... Don't Tell Me! He's a sometime judge on Iron Chef and was featured on Telemundo's Amore Descarado. Last year he starred on Broadway in the 25th Annual Putnam County Spelling Bee. His expose "All the President's Pets" was published by Crown in 2004.
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Reader Comments ( Page 1 of 1)
1. The economy was fine until the idiotic democrats got back Congress, but you won't expect this flaming liberal to admit it.
saywhattowhom at 1:13AM on Sep 23rd 2008
2. WOW, WHERE WERE ALL THE DEMOCRATS WHILE THE REPUBLICANS WERE CREATING THE NEXT DEPRESSION? THEY ARE EITHER COMPLETE IDIOTS OR JUST DIDN'T CARE APPARENTLY. TYTURD IT MUST REALLY SMELL IN THAT BUBBLE YOU LIVE IN. KEEP POINTING FINGERS..THAT'S HOW NOTHING EVER GETS DONE IN THE DEMOCRATIC PARTY. THEY LIKE YOU ARE ALWAYS ESCAPING BLAME RATHER THAN ACCEPTING THE FACT ALL INVOLVED ARE TO BLAME.
eric at 1:18AM on Sep 23rd 2008
3. One comment says that the very bad economy is the Democrats fault; well the majority in both houses is very slim, and the Republicans control not only the vast Excecutive branch, from Treasury to SEC, but most companies. --- --- Like HP, who's fired ex-head has been a key advisor to McCain; and they are firing 25,000 employees soon! --- --- If you really think the economy was not heading down in 2006, before the Dem's won, look at the terrible federal and trade debts, massive negatives sucking the life out of the US. --- --- The Iraq War, at $ 10 a month, a Major Negative! It will get worse, since Bush or McCain didn't have the guts to pay as you go. It will cost $ 3 TRILLION, or $ 3,000 BILLIONS to pay it back to Red China over 30+ years! $$$ --- --- It's like the Republicans just burnt down all the homes in the Midwest, 30 MILLION at $ 100,000 EACH ! These people apparently need to take Econ 101 !
R. Ross at 6:21PM on Oct 13th 2008
4. Where were the Democrats, Eric? Since 94 until recently the Republicans controlled congress. They controlled the whitehouse since 2001. It takes 60 votes in the Senate and a supermajority in the house to override a presidential veto. So--the Democrats cannot do anything without Republican support. Yes, they will bring us another depression. Since 1981, the party has followed the policies of Calvin Coolidge, the architect of the first Great Depession: deregulate, deregulate, the market will solve all. NOT!!! Those policies brought us the S&L crisis of the 1980's and the real estate crash and recession of 1990. After that it did not take a rocket scientist to see Republicans were liars on everything and no damn good. Maybe it will take the A*s kicking of another great depression to knock sense into the heads of the American people.
NickKnight74 at 5:20AM on Sep 23rd 2008
5. http://www.cnn.com/2008/POLITICS/09/22/cnn.poll/index.html?eref=rss_topstories
CNN poll: GOP takes brunt of blame for economy; Obama gains
Nearly half of those polled blame Republicans for current financial crisis
Obama leading McCain 51-46 percent, according to CNN poll out Monday
Majority of respondents view Obama as better on economic issues
By Paul Steinhauser
CNN Deputy Political Director
WASHINGTON (CNN) -- By a 2-to-1 ratio, Americans blame Republicans over Democrats for the financial crisis that has swept across the country the past few weeks, a new national poll suggests.
Bart at 10:36AM on Sep 23rd 2008
6. Franklin Delano Roosevelt, Lyndon Johnson, Jimmy Carter, Bill Clinton, Andrew Cuomo, Barney Frank, Chris Dodd, Charles Schumer, The Congressional Black Caucus, Jim Johnson and Franklin Raines.
Now Ana: Q) What do all of the above people have in common? A) They are all part of the Fannie/Freddie collapse and they are all Liberal Democrats!!!!!!!
Fannie/Freddie were created by Liberal Democrats. Fannie/Freddie's books were cooked by Liberal Democrats. Fannie/Freddie protected themselves from regulatory oversight with Political Payoffs to Liberal Democrat Hack Senators Chris Dodd, Barack Obama and Charles Schumer.
Please Ana, name for me one Republican Fannie Mae CEO who collected illegal bonuses by cooking the books. Name one Republican official that created the Community Development Act. Name one Republican HUD Secretary that forced loan originators to lower the minority lending requirements under penalty of law.
This meltdown has Democrat Fingerprints all over it!!!!!!!
Paul Sparcello at 9:16AM on Sep 23rd 2008
7. 18. Concerns on the housing crisis have been red flagged and ignored for the longest time. See the following site about a whistleblower who let it be known that Fannie Mae and Freddie Mac were getting to big but he was shut up because many Democrats wanted affordable housing for people with little or no income and are now default on their loans.
http://www.aei.org/publications/pubID.22514/pub_detail.asp
Huli at 10:06AM on Sep 23rd 2008
8. There's plenty of blame to go around, but the fact is the government became aware of the problem of Freddie/Fannie back in 2005. While McCain sponsered a bill to fix it which would have avoided this melt down it was blocked in committee by DEMOCRATS. Paid off Democrats voted on party lines so it never came to vote. Paid off Dems include Obama (125,000.00) and Chris Dodd (165000.00) The Republicans hands aren't clean either, but the idea that the debacle isn't basically a Democratic Fannie/Freddie creation is incorrect.
Mel at 10:27AM on Sep 23rd 2008
9. Ah Mel,McCain recieved about 900,000 from Mae/Mac.
BOB JOHNSON at 3:21PM on Sep 23rd 2008
10. oh really ? that's why we're having the problems we have now. point one finger at the republican and look you're pointing four back. it took both parties to get us there and it will take both to get us out. stop the leftist blame game and try and be part of a solution, not a problem.
if the media was not so far gone left, maybe we could all see a bit clearer. its comments like your that ultimately does a lot of damage.
cwblanchett at 4:25PM on Sep 23rd 2008
11. How funny. Conservatives blaming anybody they can for the current economic crisis to devert attention from themselves.
Check it out. The Democratic administrations have handled the economy better than the Republicans since Herbert Hoover. The republicans point their finger and childishly chant, "tax and spend, tax and spend" while they spend, spend, spend and put us in HISTORIC DEBT. Delude yourself into thinking otherwise and you have only yourself to blame.
Steve Seivers at 5:02PM on Sep 23rd 2008