On 11/01/2012 11:32 AM, lelandj wrote:

> There is one other factor of the Obama deficit that I must lay at the

> feet of the Tea Party, (eg the extreme right wing of the Republican

> Party).

You have the D talking points memorised. But they are all lies.

> The Tea Party, to whom both Speaker John Boehner and Mitt

> Romney have bowed, were hell bent on making President Obama a one term

> President, and to that end they did everything in their power to run the

> economy, and the American people, into the ground to create a political

> environment in which they could easily attack President Obama's record.

>

> Every effort of President Obama, and his Administration, to enact

> legislation to reduce the deficit and improve the economy were

> intentionally blocked by the extreme, right wing, Tea Party, who used

> pretext after pretext to justify their inaction. When the economy is

> doing poorly, tax revenues fall making it more difficult to find the

> resources needed to stimulate the economy, and carry on the government's

> business as usual.

> On 11/01/2012 10:06 AM, lelandj wrote:

>> A lot of the Obama Deficit was due to a couple of Bush era events:

>>

>> 1) The tax policies enacted during the Bush years to lower taxes,

>> especially on the wealthiest 2% of Americans, who really didn't need

>> the gift: The tax cuts to the wealthiest 2% of Americans did little,

>> if anything, to stimulate the economy; because, the increased demand

>> for good and services in this group was much smaller proportionally,

>> dollar for dollar, than the demand created in the remaining 98% of

>> working, middle class and poor Americans.

>>

>> 2) The housing bubble created during the Bush years, which concealed

>> the true state of the USA economy: When the housing bubble burst,

>> trillions of dollars in wealth were vaporized into thin air. This

>> required President Obama, and his administration, to take immediate,

>> drastic measures, in the form of stimulus, to prevent a collapse of

>> our country, and to contain the contagion effect on the rest of the

>> world.

>> On 11/01/2012 09:32 AM, Michael Oke wrote:

>>> Step away from the kool-aid Leland.

>>>

>>>

>>> Michael Oke, II

>>>>> Video of Obama promising to cut the Bush deficit in half in his

>>>>> first term. We know what he did instead.

>>>>>

>>>>> http://www.youtube.com/watch?&v=gsa4uLmTw0M

>>>>>

>>>>> More content in it as well.

>>>> 8 years of Bush resulted in the greatest USA economic calamity since

>>>> the Great Depression of the 1930s. 4 year of Obama has turned that

>>>> around, putting the USA on a path to steady recovery with prospects

>>>> of a booming economy right around the corner.

--

Regards,

Pete

http://pete-theisen.com/

http://elect-pete-theisen.com/

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