Do you think that americans will be better off with Barack Hussin Obama ?
By dbusichio
@dbusichio (80)
United States
October 3, 2008 2:51pm CST
I feel not!! My gut feeling is America has not yet seen our darkest days.
No matter who becomes our next president, don't expect miracles. Because a miracle is what it will take to get us out of this finacial mess that Wall Street and the Government has gotten us into.
We are experiencing a Major implosion, in our economy.
Obama is talking Hog Wash. He and all the politicans on Capital hill are scrambling.
There are no sure answers to the situation.
Rasing taxes, or not drilling more oil or building more Nuculer power plants,having open borders, or appeasing countries of eveil, or giving more welfare assistance to illigals who habor sanctuary Cities, or developing a socialized governmental Health Plan, will not, and I do mean will not, solve our economic crisis. It will only compound the crisis.
All of our economic wows didn't start with the Bush administration, this I beleive started when the government passed the Nafta Agreement. Under Bill Clitons administration. This agreement took good american jobs abroad. Creating lower paying jobs. Increasing inflation,on housing, food, energy, and dry goods. this was the creation of the crisis we bare. Shall I say any more?
What say You!!
1 person likes this
5 responses
@spalladino (17891)
• United States
3 Oct 08
The mortgage problem started long before NAFTA when predatory lenders were allowed to convince people that they could afford more house than their income could cover. I had a real estate agent tell me several years ago that he could hook me up with better financing after I told him the amount I had been prequalified for and that I could buy a larger, nicer house with an adjustable rate mortgage that "chances are will go down". Real estate values artificially increased due to this and eventually interest rates rose and the bubble burst, leaving many homeowners paying twice the monthly amount in mortgage payments.
NAFTA has hurt this country and so has the rising price of oil which is causing the price of just about everything else to go up. Trying to pin the blame on one single person or one party is close minded and irresponsible. McCain is scrambling just as much as Obama is.
@dbusichio (80)
• United States
3 Oct 08
On that note, I agree with you 150%. There have been alot of predatory lenders out there, that were, over the last 30 years scamming the public out of millions of dollars. Your right, John Macain is just as fault as the rest of the bureaucrats.
Thanks for you comment.
3 people like this
@xfahctor (14118)
• Lancaster, New Hampshire
3 Oct 08
After he sold us out to the FED? NUH UH! He and his chronies financialy signed our souls away in blood for the next generation. Will we be better under Obama? ROFL!!!!!!!!!!!!!!! Folks, I advise you to carefully consider your vote this November, VERY carefully, do the research, ignore rumors, ignore blogs, ignore emails, look at the facts, be educated, be informed.
2 people like this
@spalladino (17891)
• United States
3 Oct 08
Didn't McCain vote in favor of the bailout bill also..or did I just imagine that?
4 people like this
@cripfemme (7698)
• United States
17 Oct 08
I think it depends on which Americans you're talking about. Disabled people will be better off with Obama, as he's better on some legislation we need that McCain refuses to endorse. Poor people will be better off, because of public funding and tax breaks for families. Students will be better off due to his new community service scholarship tax break. Rich people will be better off with McCain.
@matt0707 (43)
• United States
22 Oct 08
The reason that we are in a recession right now is because of the deregulation of the banks, and that was done by the Bush administration. Had the banks been regulated, they wouldn't have been able to irresponsibly loan out money to people that couldn't afford it, and the banks wouldn't have failed.