Wednesday, August 10, 2011

Why aren't the Republicans worried about the financial crisis?

We are at the brink of financial ruin. The Bush White House is playing games with the budget, but the $5 trillion in liabilities from the Freddie Mac and Fannie Mae takeover should be added to the books! The US economy has pulled itself out of previous recessions because of access to easy credit. That won’t be possible in the present cirstances – and whoever is the incoming president will only be able to make marginal changes! We need someone in office who knows how the middle cl will be affected! Bush has increased the deficit by 300%! When will it end?

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