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	<title>Comments on: Obama&#8217;s First Presser + Thoughts</title>
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	<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/</link>
	<description>Big Teeth. Huge Ass. Surprisingly Reasonable.</description>
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		<title>By: mw</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436389</link>
		<dc:creator>mw</dc:creator>
		<pubDate>Wed, 11 Feb 2009 02:22:27 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436389</guid>
		<description>Ok. I get it now. Jim and Justin have explained it clearly. 

Republican tax cuts caused the recession and unemployment. 

You see Kranky, if the Republicans had only &lt;strike&gt;stimulated&lt;/strike&gt; spent another trillion dollars we didn&#039;t have, like Obama is now,  everything would be fine and we would be at full employment.

The economy&#039;s problems of the last eight years was not aggravated by 9/11. Nor the fed pumping cheap money into a real estate asset bubble. Nor Barny Frank and Congress pushing Freddie and Fanny to increase loans to people to buy homes they cannot afford and to buy more of the securitized mortgages bundles of bad loans created by wall street. And it was not the unscrupulous lenders conning unsophisticated buyers with adjustable mortgage ripoffs to sell back to the market for the loans created by Freddy and Fanny. Not the brokerage and insurance companies like AIG perpetuating massive criminal insurance fraud by selling Credit Default Swaps to guarantee those securitized mortgages without the resources to pay off those guarantees. Not the SEC or the Federal Reserve or state Insurance regulatory agencies with responsibility for regulating these entities, asleep at the switch and failing to enforce existing regulations.  

No, it was none of those things. 

It was not even the massive &lt;i&gt;bad&lt;/i&gt; deficit spending of the Republican Party. 

It was, in fact,  those Republican tax cuts that caused it all. 

And it is all going to be fixed now, by the even more massive &lt;i&gt;good&lt;/i&gt; deficit spending of the Democratic Party. 

You see Kranky, it is easy to understand when it is explained so clearly.</description>
		<content:encoded><![CDATA[<p>Ok. I get it now. Jim and Justin have explained it clearly. </p>
<p>Republican tax cuts caused the recession and unemployment. </p>
<p>You see Kranky, if the Republicans had only <strike>stimulated</strike> spent another trillion dollars we didn&#8217;t have, like Obama is now,  everything would be fine and we would be at full employment.</p>
<p>The economy&#8217;s problems of the last eight years was not aggravated by 9/11. Nor the fed pumping cheap money into a real estate asset bubble. Nor Barny Frank and Congress pushing Freddie and Fanny to increase loans to people to buy homes they cannot afford and to buy more of the securitized mortgages bundles of bad loans created by wall street. And it was not the unscrupulous lenders conning unsophisticated buyers with adjustable mortgage ripoffs to sell back to the market for the loans created by Freddy and Fanny. Not the brokerage and insurance companies like AIG perpetuating massive criminal insurance fraud by selling Credit Default Swaps to guarantee those securitized mortgages without the resources to pay off those guarantees. Not the SEC or the Federal Reserve or state Insurance regulatory agencies with responsibility for regulating these entities, asleep at the switch and failing to enforce existing regulations.  </p>
<p>No, it was none of those things. </p>
<p>It was not even the massive <i>bad</i> deficit spending of the Republican Party. </p>
<p>It was, in fact,  those Republican tax cuts that caused it all. </p>
<p>And it is all going to be fixed now, by the even more massive <i>good</i> deficit spending of the Democratic Party. </p>
<p>You see Kranky, it is easy to understand when it is explained so clearly.</p>
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		<title>By: Jim S</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436386</link>
		<dc:creator>Jim S</dc:creator>
		<pubDate>Wed, 11 Feb 2009 01:45:34 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436386</guid>
		<description>kranky, did you miss the word &lt;b&gt;just&lt;/b&gt; in my post? There most definitely were House Republicans proposing that be our response to this crisis.</description>
		<content:encoded><![CDATA[<p>kranky, did you miss the word <b>just</b> in my post? There most definitely were House Republicans proposing that be our response to this crisis.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436385</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Wed, 11 Feb 2009 01:11:19 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436385</guid>
		<description>kranky, I meant to say House Republicans, not Congressional. Slip of the keystroke. Fixed. But I think it&#039;s clear it was an innocent mistake because I said Senate Repubs later.

But really? You think House Repubs actually have any ideas besides tax cuts? Because, like Jim, I consider that like doing close to nothing after that didn&#039;t work the last 8 years. You can&#039;t come to the table with the same proposals every single time and expect to be taken seriously. At least Senate Repubs actually talked about stimulus spending.</description>
		<content:encoded><![CDATA[<p>kranky, I meant to say House Republicans, not Congressional. Slip of the keystroke. Fixed. But I think it&#8217;s clear it was an innocent mistake because I said Senate Repubs later.</p>
<p>But really? You think House Repubs actually have any ideas besides tax cuts? Because, like Jim, I consider that like doing close to nothing after that didn&#8217;t work the last 8 years. You can&#8217;t come to the table with the same proposals every single time and expect to be taken seriously. At least Senate Repubs actually talked about stimulus spending.</p>
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		<title>By: kranky kritter</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436378</link>
		<dc:creator>kranky kritter</dc:creator>
		<pubDate>Tue, 10 Feb 2009 21:09:56 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436378</guid>
		<description>Jim, can you cite a quote of any GOP house leader in support of that?

&lt;blockquote&gt;And letâ€™s be honest, just cutting taxes again really counts as doing nothing.&lt;/blockquote&gt;

ROTFLMAO. Don&#039;t you mean &quot;let&#039;s be partisan?&quot; 

The bill that passes will include substantial  expensive tax breaks. Many will simply be targeted to democratic priorities instead of recent GOP priorities: mortgage credits yes, cap gains cut no. All these count as &quot;doing nothing&quot; in your mind? What a small mind.</description>
		<content:encoded><![CDATA[<p>Jim, can you cite a quote of any GOP house leader in support of that?</p>
<blockquote><p>And letâ€™s be honest, just cutting taxes again really counts as doing nothing.</p></blockquote>
<p>ROTFLMAO. Don&#8217;t you mean &#8220;let&#8217;s be partisan?&#8221; </p>
<p>The bill that passes will include substantial  expensive tax breaks. Many will simply be targeted to democratic priorities instead of recent GOP priorities: mortgage credits yes, cap gains cut no. All these count as &#8220;doing nothing&#8221; in your mind? What a small mind.</p>
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		<title>By: Jim S</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436373</link>
		<dc:creator>Jim S</dc:creator>
		<pubDate>Tue, 10 Feb 2009 18:48:36 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436373</guid>
		<description>I think it does resemble the position of the House Republicans. And let&#039;s be honest, just cutting taxes again really counts as doing nothing.</description>
		<content:encoded><![CDATA[<p>I think it does resemble the position of the House Republicans. And let&#8217;s be honest, just cutting taxes again really counts as doing nothing.</p>
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		<title>By: kranky kritter</title>
		<link>http://donklephant.com/2009/02/10/obamas-first-presser-thoughts/comment-page-1/#comment-436371</link>
		<dc:creator>kranky kritter</dc:creator>
		<pubDate>Tue, 10 Feb 2009 17:59:25 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=13440#comment-436371</guid>
		<description>&lt;blockquote&gt;See, Congressional Republicans seem to think that nothing needs to be done and the whole thing can fix itself.&lt;/blockquote&gt;

To my knowledge, this does not resemble the republican position. I have not heard a single GOP leader say anything like this. If you were an honest broker, you would admit this right now, and retract the claim.

What I have heard GOP leaders say is that they don&#039;t think the approach of the current bill is the right one. If that&#039;s what they believe, then opposition to this bill is not just sensible, its morally mandatory.

I have no quarrel with anyone who says that the GOP is in no position to dictate policy these days. I agree with that wholeheartedly. But that doesn&#039;t mean that what they ought to do is be quiet and get steamrolled, or rubber stamp a bill they don&#039;t think will help over the long term. I am NOT a republican. Ask anyone at Stubborn Facts. I am by default cast there as Barack Obama&#039;s most reliable defender. But I know that GOP opposition to this bill is every bit as acceptable and indeed patriotic as opposition to the Iraq war was in 2003.</description>
		<content:encoded><![CDATA[<blockquote><p>See, Congressional Republicans seem to think that nothing needs to be done and the whole thing can fix itself.</p></blockquote>
<p>To my knowledge, this does not resemble the republican position. I have not heard a single GOP leader say anything like this. If you were an honest broker, you would admit this right now, and retract the claim.</p>
<p>What I have heard GOP leaders say is that they don&#8217;t think the approach of the current bill is the right one. If that&#8217;s what they believe, then opposition to this bill is not just sensible, its morally mandatory.</p>
<p>I have no quarrel with anyone who says that the GOP is in no position to dictate policy these days. I agree with that wholeheartedly. But that doesn&#8217;t mean that what they ought to do is be quiet and get steamrolled, or rubber stamp a bill they don&#8217;t think will help over the long term. I am NOT a republican. Ask anyone at Stubborn Facts. I am by default cast there as Barack Obama&#8217;s most reliable defender. But I know that GOP opposition to this bill is every bit as acceptable and indeed patriotic as opposition to the Iraq war was in 2003.</p>
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