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Here's what I said back in January ...
"Bush's tax policies have been diametrically opposite to what would prevent the current recession and the upcoming depression.: : : :
"Much as I hate to be the voice of pessimism, Bush's past "tax relief" for the wealthiest in our society (on the theory that that'll "kick-start" the economy) is exactly wrong for what is needed now. Bush's speech just now advocates not only this same wrong-headed policy, but he wants to make it permanent.
"The BILLIONS Bush is now agreeing to inject into the economy is too little too late. The reason I make the above prophesy is because it serves to widen the gap between rich and poor, just as has been the cause of the current crisis. To exacerbate that is to create a DEPRESSION"
What I say now is:
To "fault" the mortgage and housing market for this is to PASS THE BUCK. Well, George W. Bush's TRILLION dollar give-away to the wealthiest in our society contributes to this melt-down. Bush's (and Reagan's and the Repugnantlicans') economic TRICKLE-DOWN philosophy is also to blame. Giving more money to the wealthy is a FLAWED philosophy. However, the Republicans are blind.
With only 17% of the American people believing SARAH PALIN was chosen for her qualifications to be VICE PRESIDENT, instead of for purely POLITICAL reasons; and with George W. Bush's CREDIBILITY rating among the American people also at 17%, COULD IT BE that you can persuade 17% of the REPUBLICANS in this country of ANYTHING as long as the PARTY NAME "Republican" IS ATTACHED.
