Remember the election in 2006? A little over two years ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
Since voting in a Democratic Congress in 2006 we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $3.75 a gallon;
3) Unemployment is up to 5% (a 10% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fun losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.
America voted for change in 2006, and we got it!
Remember, Congress makes laws, not the President. He has to work with what’s handed to him; and in the hate Bush environment of the congresscritters, he hasn’t been handed I lot that I can describe in this blog…
Part 2:
Taxes…Whether Democrat or a Republican you will find these statistics enlightening and amazing.
http://www.%20taxfoundation.%20org/publications/show/151.%20html
Taxes under Clinton 1999 Taxes under Bush 2008
Single making 30K, tax $8,400 Single making 30K, tax $4,500
Single making 50K, tax $14,000 Single making 50K, tax $12,500
Single making 75K, tax $23,250 Single making 75K, tax $18,750
Married making 60K, tax $16,800 Married making 60K, tax $9,000
Married making 75K, tax $21,000 Married making 75K, tax $18,750
Married making 125K, tax $38,750 Married making 125K, tax $31,250
BOTH democratic candidates will return to the higher tax rates. It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen.
This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don’t even know what happened. Only problem is, this is not a movie…
Additionally, the Congresscritters called the oil company execs before the Senate today again today- Lots of ranting, raving, knashing of teeth, etc. and passing a bill to investigate OPEC for price fixing, all while Goldman Sachs bets on $200/barrel for oil futures…
Oh by the way, last time I looked, OPEC is not a US company, nor subject to any kind of anti-trust laws…
Also, they didn’t like it when the oil execs brought up REAL issues-
From the Chevron exec- “What we need is the reduction of barriers to investment. I mean, there are a bunch of barriers of investment to the United States: Eighty-five percent of the offshore is off-limits.
I’m now four years into trying to get a permit to expand the refinery in California. Four years! (Or, we’re into our fourth year, so I guess it’s three or three point something years.)
In that same time Reliance Energy in India has built a 600,000 barrel a day refinery from scratch, and they’re about to start it up. “
From the Shell exec- There are one trillion barrels of oil available for drilling in one location in the US, if we could drill and build refineries, the price would drop to about $50 a barrel.
Of course that generated no response from the senators, just more ranting, etc.
At some point the silent majority (us!) has got to get up on our hind legs and tell these congresscritters to authorize new refineries, new drilling permits, and more nuclear power plants! If we don’t, the next generations will suffer for our stupidity!
If people think it is bad now just wait until January. You ain’t seen nothing yet. No matter which green freak gets elected; we will pay.
I’m quite afraid USA Admiral is correct.
Interesting numbers NFO. I’m sure someone will put the democratic spin on them though.
Sigh, much as I hate to admit it, I’m afraid I agree with you both…
I got your democrat-ic spin right here:
“Ladies and Gentlemen, pay attention to the smoke. NO, don’t look at me with my hand in your wallets and purses; pay attention to the smoke. Thank you for your support.”
Nice post. Dead on.
tweaker
Sure, just as soon as you explain how the new congress caused this mess
Sure, just as soon as you explain how the new congress caused this mess
Sure, just as soon as you explain how the new congress caused this mess
Hi Jim – check out this link… shows you why it’s a mess… just too much! Needs to be pared down, cleaned up and watch-dogged!
Daily Congressional Digest
Imro- I get your point that you disagree… Fine…
The dems swept in on a promise of a new broom that was going to fix EVERYTHING and the first 100 days was going to be of epic proportion… Guess what, it was epic ONLY for their failure to pass a single major bill.
IF they had taken a hard look at the continuing enery crisis (building for the last two years) and really wanted to fix it, they would have enacted legislation allowing more refineries to be build and drilling to be done in ANWAR and off Louisiana and California.
They were going to hold hearings and fix the economy…
and on and on…
The issues were there, the dems chose NOT to address real problems, to have show hearings, etc.
NO substance… Just like the “Farm” bill, which only has $40B for the actual farmers out of how much? Where does the rest go? Social Programs… Nice coverup…
We’re going to have to agree to disagree.
Jim,because of my constantly growing feelings of apprehension about what is going to happen in Jan. if either of the two dumb-o-crats gets in, I have begun to go into survivalist mode. stocking up on every conceivable item. Can’t store gas or electricity, but coal is still an option for me, as well as all the reloading stuff for all three types of weapons, Rehabing and restocking the chicken house and most of the rest of the small farm stuff. Even bought a bunch of how to books for my kids and grandkids who don’t have a clue how to fee themselves except out of a store! we used to raise 10 to 12 hogs every year and still have the ability and space to begin again. Also can maintain a cow or two if needs be. When the shit hits the fan as it is surely going to, I would like my brood to not be the ones to starve to death! Where we live, “EVERY” “THING” stops when the boats and trucks don’t run!!
Excellent point Ev! If the trucks shut down, in would be anarchy in places like Manhatten too…
Well NFO,
False cause fallacies are ummm….fallacies. The Democrats do not have a veto proof majority and blaming the inevitable outcomes of Republican economic policies on two years of a slim Democratic congressional majority is just plain silly.
So, if any of you can establish a semi-credible cause and effect link between the current congress and the complaints listed in the original post, I would love to read it.
http://temerityhm.blogspot.com/
I’ve tagged you with a cool meme. Go check it out.
C/A