CIT Group bankrupt, more economic "progress" in Obamaland

Rich wrote:
(Ray Fischer) wrote in
David Ruether wrote:
"Doug McDonald" wrote in
David Ruether wrote:
"RichA" wrote in message

om...

God help the U.S.

I will ignore this useless request...;-)

CNN:
CIT files for 5th largest U.S. bankruptcy
Small business lender seeks court approval for a debt
reorganization that has approval of bondholders.

If you think this is bad (and it is...), think how FAR, FAR, FAR
worse a total economic collapse would have been under a "I don't
know anything about economics" John McCain administration
and the "let's do nothing" 'Bublican'ts. And, don't forget what
knuckle-headed president and administration passed this mess on
to Obama,

You can't use that explanation. The leftists claimed 9/11 was Bush's
fault ... not Clinton's, who dismantled the spy machinery.

After 9/11/2009 ANYTHING IS OBAMA'S FAULT.

I find it very difficult to follow your "logic"....;-)

You expect logic from a rightard bigot?

Actually, the economic state America finds itself in now is not Obama's
fault, it's Clinton's and Allan Greenspan's.

And a rightard bigot chimes in with more of the usual stupidity.

--
Ray Fischer

RichA wrote:
On Nov 3, 11:49*pm, pithydoug wrote:

And who was at the wheel for 8 years and claimed all was well as the
market crashed? *Bush Cheney. Can't blame Bush he was too dumb
complete a full sentence much less balance his checkbook and really
worked for Cheney. *And McCain also thought everything was just peachy
wanted to give us four more of the same. How stupid do the neocon's
think the world is?

CNN: Unemployment hits 10.2%
The unemployment rate spiked to its highest level since 1983, much
worse than expected as employers continue to trim jobs despite other
signs of growth.

1983? Hmmm. Who was president in 1983.

--
Ray Fischer

RichA wrote:
On Nov 6, 12:22*pm, (Ray Fischer) wrote:
RichA wrote:
On Nov 3, 11:49*pm, pithydoug wrote:
And who was at the wheel for 8 years and claimed all was well as the
market crashed? *Bush Cheney. Can't blame Bush he was too dumb
complete a full sentence much less balance his checkbook and really
worked for Cheney. *And McCain also thought everything was just peachy
wanted to give us four more of the same. How stupid do the neocon's
think the world is?

CNN: Unemployment hits 10.2%
The unemployment rate spiked to its highest level since 1983, much
worse than expected as employers continue to trim jobs despite other
signs of growth.

1983? *Hmmm. *Who was president in 1983.

Reagan engineered that recession because he had to.

This is where the rightard makes excuses for his cult's hero.

Something had to
be done to crush 13% interest rates, 11% inflation that had plagued
the U.S. since Ford's days. He did it. By 1985, the U.S. was well
back on track.

Or the economy stabilized after a big jump in oil prices.

But what Clinton and now Obama have done to the U.S.

You mean that era of limited government and widespread prosperity?

will be insurmountable.

No, you rightards will find a way to screw over America again. Just
as Bush did after Clinton. That's why the US economy does better
under Democratic administrations.

--
Ray Fischer