This horse shit was allowed to be spewed, unchallenged no less, on Meet the Right Wing Whore Press.

BushCo's TARP rescued the economy?

If by "economy" you mean "a bunch of corrupt Wall Street thieves" then Spud can only agree.

Be Well.

Hahah! Not prejudiced in the least are ya,NoGov?

Republicans are allowed to say anything they want, the "liberal" media will never challenge them. A few weeks ago Mr. Mayor 911 forgot all about 911 and got away with it, Shooter pops up to tell us we are all going to die, Karen Hughes lies her ass off, the band plays on.

Michael Moore put a decimal point in the wrong place this one time though, on his own time, on his own time. Shows like Meet The Right Wing Whore Press discussed what a liar he was for weeks.

Second biggest laugh I've had this morning!

LOL

It's gonna be a great day!

"George Bush actually rescued the economy. . . Who knew?"

I respectfully add these two pieces of similarly spun inanity to the mix of revisionist history batter prepared for the sole purpose of deceiving people:

President Bush rescued the economy that he and the Republicans along with the help of Alan Greenspan destroyed. It's sort of like claiming they "rescued" Iraq, well they had to destroy it before they could save it.

#7 | Posted by danni at

THE SURGE WORKED!!!

Karen Hughes is right, at least partially. President Bush and President-elect Obama worked together on a rescue plan that helped keep the economy from another depression. The costs of their plan are far outweighed by the benefits -- at least up to this point -- and if the economy continues its recovery, history will show overwhelmingly that they did the right thing.

The financial system is a drain on the US economy, not a productive component. So is defense, law, schools, roads.... We need these things, but they do not generate wealth. Only manufacturing can save us. We need to stop pretending that anything Paulson, Geithner, Greenspan, Rubin or Summers did was right. Greenspan, who is retired, is the only person to admit he was wrong.

Its all bullshit and its bad for you.

Did anyone really think that the revisionist history campaign being promulgated by the Bushpologists was going to end at "No Terror Attacks in the US under Bush"?

Hell no. They are going to attempt to re-write history about everything that he did in office.

Never ming his ignoring the warnings from the FBI five years before the mortgage meltdown that massive fraud was occurring allowed the 2008 recession to happen.

They hope that by repeating the lie often enough it will become "truth" to the 28%ers. And it will for the dipwads that Bushpologize on this site every single day.

It's like saying that Jack the Ripper "rescued" one of his victims if he left them barely breathing.

One of the characteristics of GOPers is their inane ability to hold two completely contrary ideas in their head at the same time. Bush saved the economy and Obama ruined it, even though both have done exactly the same thing, namely rob the working class blind.

schools, roads.... We need these things, but they do not generate wealth.

WIthout roads there will be no interstate trucking getting manufactured goods to market, and without schools there would not be an educated workforce... many innovations come from the defense industry.

So I gots to disagree with you.

Next, his acolytes will be giving him
credit for irrigating New Orleans.

If by "economy" you mean "a bunch of corrupt Wall Street thieves" then Spud can only agree.
_________

Exactly, and the Obama administration continued the rescue.

Exactly, and the Obama administration continued the rescue.

Yuppo.

Thing is Bush gave away his TARP cash with no accountability, no oversight and no strings attached.

Obama at least tried to get the money paid back.

Which proves wot Spud's been saying all along around here

Both parties are filled with corporate whores but the rethugs are by far the more corporately corrupted, odious and, ultimately, destructive.

Be Well.

He also rid Iraq of WMDs.
~Airy Flusher

Next, his acolytes will be giving him
credit for irrigating New Orleans.

#15 | Posted by tiger150

FF! :>D

Be Well.

Thank you, President Bush.

-Thank you, President Bush

"Hee-hee! Why, yore welcome, sonny boy. Wuz mah hands too cold? Silver over yonder likes me to warm 'em up 'fore the milkin'."

Both parties are filled with corporate whores but the rethugs are by far the more corporately corrupted, odious and, ultimately, destructive.

I disagree. When the corporate masters call, both parties are equally ready to bow down. Democrats are more likely to deny it, however.

When the corporate masters call, both parties are equally ready to bow down. Democrats are more likely to deny it, however.

Disagree.

The equivilancy argument was shot dead* after 8 years of BushCo.

/*But first it was tortured to the point where that death was a blessing.

Be Well.

The only thing government can do is screw up the economy.

It doesn't matter if TARP worked or not. It should have never happened. The so called stimulus should have not happened either. Badly run businesses should be allowed to fail, regroup or restructure as necessary. The government should not have bailed them out nor took over any businesses.

By not shutting down Fannie and Freddie, by running down the value of the dollar, by attaching the too-big-to-fail moniker on the most irresponsible banks, and by his staggering, mind-boggling deficit spending, Bush actually was the architect of many of the problems we see now.

But Obama believes all the same things. Maybe if we beat our heads against the wall some more, things will improve. Or not.

Karen Hughes is right, at least partially. President Bush and President-elect Obama worked together on a rescue plan that helped keep the economy from another depression. The costs of their plan are far outweighed by the benefits -- at least up to this point -- and if the economy continues its recovery, history will show overwhelmingly that they did the right thing.

--------

bullshit. they bailed out the banking cocksuckers. did nothing for the economy at all.

Well, unfortunately she's partially correct. While it wasn't enough to save the economy itself, it was a necessary step. If TARP hadn't been passed and the banks had failed, I don't want to know where we'd be right now. Sadly, it was a necessary evil. It's stupid and historical inaccurate to suggest otherwise.

President Bush rescued the economy that he and the Republicans along with the help of Alan Greenspan destroyed. It's sort of like claiming they "rescued" Iraq, well they had to destroy it before they could save it.

#7 | Posted by danni

Bush, Greenspan, congress and others helped to destroy this economy---did tarp stop the descent--yes; is it rescued---no. Danni, I'm so happy you are starting to see the impact Greenspan and the Fed had in this debacle---it warms the cockles of my heart--you're opening your mind and with time (hopefully) you'll recognize the responsibility of others in this sad affair.

both parties are bought by the people who wrecked it, and they did it deliberately to bankrupt the middle class.

Governmet caused the bubble in the first place. What she said was the government tried to fix one of their own screw-ups.

Real capatalism would have never allowed that disaster to happen in the first place. People that gamble should have to suffer the results of their stupidity, not have the taxpayers bail their sorry asses out. It is all the result of government rugulation and favors.

It like the pyromaniac who starts a fire and
then puts it out himself.

It like the pyromaniac who starts a fire and
then puts it out himself.

what most partisan hacks here keep forgetting is they cant have it both ways anymore
best example is right here
obama takes credit for some sort of turnaround and only goddamn democrats can call double didget unemployment a turnaround...and then blast bush for something even OBAMA voted for.

the land of chronkite is dead and gone..
proof of that?
how about today in MASS?????

It like the pyromaniac who starts a fire and
then puts it out himself.

#33 | Posted by tiger150 at 2010-01

so much you told us twice

so much you told us twice..

LOL

Danni, since you're interested in the Fed you might want to read a book by Bill Fleckenstein--"Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve" ---I've been reading Bill's stuff for years and he's not a "Johnny come lately"--he saw Greenspan's bumbling for years and predicted the ultimate impact---as I've said many times, at the bottom (foundation) of this problem over the years is the Fed and we need to reform them or replace them with a new system--we reform them and a lot of the other pieces (causal) you detest so much fall into place.

Is this the official GOP stance on bail outs, TARP, stimulus, etc then?

#24 | Posted by Sniper at

That's simply not true, Karen Hughes says so.

"Karen Hughes: Bush Rescued the Economy"

Karen Hughes: Columbus discovered China

Karen Hughes: Palin qualifies for MENSA

Karen Hughes: Hitler was a friend to the Jews

Karen Hughes: Milli Vanilli had some serious talent

Karen Hughes: Rupert Murdoch is a big ol' lefty

if you elect me I will CHANGE washington and have a transparent govt

B obama....

hey we can play that game too.

There has been no job or income growth for the last decade. ZERO. Shrub reigned during the bulk of this period. The connection is undeniable, nt just to Shrub, but the whole GOPer philosophy. It doesn't fucking work and half the Demowussies still believe it does.

bullshit. they bailed out the banking cocksuckers. did nothing for the economy at all.

That's nuts. The big banks were on the verge of collapse. If they failed, it would've taken the entire economy with it. Read some economists.

#40 | Posted by afkabl2 at

Everyone knows that transparent government WILL MAKE YOU AND YOUR CHILDREN YOUR CHILDREN'S CHILDREN DIE!

hey we can play that game too.

Karen Hughes:

"And the winner of Best Supporting Actors goes to...??" The Congressional Dems...What? There is nobody here to accept the Award???

'Memo Reveals Dem Strategy On TARP'

On the one-year anniversary of the $700 billion Wall Street bailout, Democrats are pitching a fresh message: It was Bush's bill, but we made it better.

People that gamble should have to suffer the results of their stupidity, not have the taxpayers bail their sorry asses out.

Privatize the profits, socialize the losses.

- Bushco.

nogo...
please...the senate hc has provision in it for govt people to look at YOUR plan for cost effectiveness.

but regardless...

EVEN on this site we have read several obamamaniacs blisster bush over tarp when obama voted for the damn thing.,.,...that was the main point of my first post here.

and one thing that your CHILDRENS CHILDRENS CHILDREN ARe getting from obama

the BILL for all this horseshit.

That's nuts. The big banks were on the verge of collapse. If they failed, it would've taken the entire economy with it. Read some economists.

----------

bullshit. the only things that would have failed were the bankers 'rights' to collect on mortgages. the fed deposits were never in danger.

Not only did he rescue the economy, but he prevented 9/11, found Saddam's WMDs, caught Bin Laden, and saved New Orleans from Katrina.

When the Haitians heard that President Katrina was
assisting in the relief effort, they began to throw themselves under the rubble.

I still maintain that it's not the Executive Branch that has the greatest impact on America and American lives, it's is rather the Legislative Branch that makes things happen or prevents things from happening.
With the exception of Executive Orders, the Executive Branch merely sets the tone, then signs off on or declines the will of the Legislative Branch. Who gets blame or credit really depends on who you are trying to bolster and who you are trying to disparage.

Example, if the health care takeover is passed, Democrats will claim it's an Obama success however, if the health care takeover is defeated, Democrats will say it's a Pelosi/Reid failure.

GWB did not pass TARP any more than BHO passed the spendulous. They merely set the tone and signed off on what they were presented by Congress.

I wonder...
If the economy records a sharp improvement after this November,
Will BHO be credited with that or will it be chalked up to consumer confidence?
I guess it really depends on who you are trying to bolster and who you are trying to disparage.

He did. He shut up; recognized he was a lame duck; stepped aside; allowed Obama and McCain to lead the way; and left office without a fuss.

Well then, I'm sure all of the righties who turned TeaBagger will now be upset with Bush too, right?

(not likely)

Real capatalism would have never allowed that disaster to happen in the first place. People that gamble should have to suffer the results of their stupidity, not have the taxpayers bail their sorry asses out. It is all the result of government rugulation and favors.

Funny, the countries with the most regulated banks didn't suffer the collapse. And real capitalism was built on this shit-monopolies, fraud and inside deals-take a look at the South Sea Bubble, or the Tulip Bubble. Or Carnegie/Ford/Getty.
That's why the regulations were created-to stop people being screwed over by the greedy like Ken Lay and Bernie Madhoff.

Real capatalism would have never allowed that disaster to happen in the first place. People that gamble should have to suffer the results of their stupidity, not have the taxpayers bail their sorry asses out. It is all the result of government rugulation and favors.

----------

thank you for making the case that capitalism doesn't, nor has ever existed.

socialism for the powerful.

FUCK YOU!!!

The story that never gets told: Without the bailout our foriegn creditors, who had been screwed very badly, by G-Sax and others, would have cut off our credit. We are a debtor nation by Wall Street design. Letting Wall Street fraudsters collapse would morph into a 20 year Court battle which would ultimately drive G-Sax and other fraudsters into bankruptcy.

Who cares? Only our Government, whose ability to borrow and wage wars of aggression would have been paralyzed.

So lets continue screwing and killing the innocent while rightie tighties continue to spin the story upside down.

wonder...
If the economy records a sharp improvement after this November,
Will BHO be credited with that or will it be chalked up to consumer confidence?
I guess it really depends on who you are trying to bolster and who you are trying to disparage.

#50 | Posted by libertarian

It'll have been the low interest rates (again) and all the money created by the fed along with the "dollar carry trade". Of course, Obummer will attempt to take credit but then he'll have to take the consequences of the next crisis which the horrendous liquidty will create.

And real capitalism was built on this shit-monopolies, fraud and inside deals-take a look at the South Sea Bubble, or the Tulip Bubble. Or Carnegie/Ford/Getty.
That's why the regulations were created-to stop people being screwed over by the greedy like Ken Lay and Bernie Madhoff.

#53 | Posted by northguy3

Sorry, North, real capitalists don't want to have anything to do with government---there are many different definitions of capitalism as there is for socialism---when you have big business (investment banks and their representatives) in bed with the government, there are those that would argue you have a form of socialism due their political influence on gov. and vice versa--these people were given a pass by government.

bullshit. the only things that would have failed were the bankers 'rights' to collect on mortgages. the fed deposits were never in danger.

Shawn you are a fool. How many billions would the public pension funds have lost if every major bank was forced to unwind their positions to meet collateral obligations

timbicle opens his hole again.

let them go bankrupt.

So lets continue screwing and killing the innocent while rightie tighties continue to spin the story upside down.

-----

the corporate media is worthless to the average american. a complete farce. throw out your tv.

#1 | Posted by NoGov4Me at 2010-01-19 06:53 AM | Reply

no gov 4 me = dumbass

Yes, and he also conquered Iraq and brought Osama bin Laden to justice, "dead or alive."

...when you have big business (investment banks and their representatives) in bed with the government, there are those that would argue you have a form of socialism due their political influence on gov. and vice versa...

Once again matsop tries to BS us with his lack of formal education. He claims he has not one but two college degrees yet he has yet to learn the definition of fascism and socialism. Nice try matsop but we weren't all born yesterday.

#8 | Posted by NoGov4Me
Sorry to chime in late - But if the surge worked, why are we still in Iraq, and why does Iraq still not have a functioning government?

Can you imagine what China would do to it's bankers if they caused this?

They don't even dare think about gambling the publics money.

Karen Hughes is right, at least partially. President Bush and President-elect Obama worked together on a rescue plan that helped keep the economy from another depression. The costs of their plan are far outweighed by the benefits -- at least up to this point -- and if the economy continues its recovery, history will show overwhelmingly that they did the right thing.

#9 | POSTED BY RCADE

The flip side is that it was only delayed. We ain't out of the woods yet.

and if the economy continues its recovery, history will show overwhelmingly that they did the right thing.

#9 | POSTED BY RCADE

What recovery???? The unemployment rolls continue to climb but it isn't reflected in the gov published percentages. They show unemployment is declining but there there has been NO increase in employment.

THE SURGE WORKED!!!

#8 | POSTED BY NOGOV4ME AT 2010-01-19 09:25 AM

Sure it did, if by "worked" you mean increased US casuaties. The US troop casualties DOUBLED from Feb 07 thru Aug 07, and returned to the intitial invasion year casualty levels. Some months more US troops were kia in those months than in several other years combined.

But then DIPLOMACY created a TRUCE with al sadr on Aug 29, 2007 and casualties dropped in half and continued to drop when al sadr continued the truce 6 months later.......and this is what enabled Obama to begin moving our troops back from combat roles in harm's way there.

What recovery???? The unemployment rolls continue to climb but it isn't reflected in the gov published percentages. They show unemployment is declining but there there has been NO increase in employment.

#67 | Posted by Sniper

No recovery. The only people with money now are the ones who had it in 2007 and saw this mess coming. They sat on it and they will continue do so until they feel safe spending it. The economy is people. People need confidence and they don't have it.