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	Name:	water_watcher -
	Subject:	Hound, Hound , Hound
	Date:	3/6/2009 3:33:11 PM

TARP should be paid back ... it was to add liquidity to the banking system and in most cases they took an equity position through preferred stock (Citi is now common). Yes, some of that can never be paid back if they bank (or GM) fails. Although it was Obama that used TARP for GM when that was not the intent.

The big dollars is the non stimulus pork spending social welfare give away bill that Obama got passed. With one stroke of a pen he spent in just a few weeks what took Bush 8 years to spend with a war.

Now he proposes a massive budget that will expand government further with wasteful spending while penalizing prosparity.

So NO NO NO .... this is Obama. If he did that in two months, imagine what it will be at the end of 4 years. But I am sure he and you and others will still be trying to blame Bush.

When did Bush ever blame Clinton for the recession he inherited or 9/11 happening that cripled our economy. No ... he went to work and fixed it ... yet initially the dems were blaming Bush (not Clinton) for the job losses. Then as Bush's programs pulled us out of recession and helped the economy grow and create jobs ... the dems were critical of the "quality" of jobs created.

Stop blaming Bush ... you can say it is different this time ... but it is not. It is the bad policies and lack of leadership from Obama and the democrats that is making things worse not better. It is not Bush's fault.

The reason things did not collapse after 9/11 when we were already in a very bad recession from the tech bubble ... is because the policies put in place with tax cuts actually worked.