When I will blame our president.
This is a tricky question to say the least; 2 years ago before we had the 2008 election for president ; Our entire economy clasped into a pile of rubble. And the wall street banks AIG Fannie May and Freddy Mac and the big three auto makers came to Washington D C And told then president Bush and congress that they needed a bail out in order to stay in business. Bush approved a bail out package to help them out of there problems. but there problem were worse then expected and they need more money then Bush allotted for them. so president Obama and congress up-ed the loans that were approved under the last president. one auto maker went chapter 11 bankruptcy and reorganized and is believed to be back in business. We can’t honestly blame president Obama for that because he wasn’t in office when the the bottom fell out of our system; all we can do is look at two things 1 is the congress that deregulated the Industry that caused our system to clasp around our heads and the person who was commander and chief at the time it fell down. And of course none of the ear marks or stimulus money was used by the the Republican in there districts of course not. if Congress had done it’s job over seeing what was going on like they should have been doing the economy wouldn’t have clasped;and if the big banks hadn’t of used deceptive loans that caused the loans to default and houses to be foreclosed on bring down the big banks and the rest of the cards holding up the house in the first place. The free market system is a good system and long as it has checks and balances; one of the checks should be congress that’s why before they got rid of the glass steeple law; the big bank couldn’t get to big to fail. Before you can build on a site filled with rubble which was our economy and replace every thing that didn’t work and replace it with things that will shore up our economy so this won’t happen again. The health care law was written to give us protects us from the insurance companies or dare I say it death panels who can Dennie you payment on claims by saying it’s preexisting; and the president allotted tax credits to both small and medium companies and us to pay for it. There’s nothing wrong with adding to the health care law; as long as it still affords us with the protections we need. BUT if you can buy it in another state for less good. Congress should be one of the checks or balances even in the free market system. It prevents fraud of the people you were sworn it to protect.When our country gets back to where it was before our economy clasped then i will blame the president for what went wrong after that but untill then it’s Bush and his congress I’m going to blame.
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