DH just sent me this email. Not that I am endorsing this or believe every forward I receive, but I thought it was interesting therefore bringing up. I am curious to know what your take on it would be:
Apparently, quite a few somebodies voted for 'change'?
The current president is to blame for our present circumstances. True, or not? After all, he has been in office for almost 8 years! Why is it that, only recently, so many economic woes have begun to surface? If we look back, could we find some related causes?
Do you think it might have something to do with what happened in the election of 2006?
Just before that election took place:
1) Consumer confidence stood at a 2 1/2 year high;
3) The unemployment rate was 4.5%.
4) The housing industry was booming
5) Home equity was at an all-time high
6) Stocks, mutual funds, and other investments were showing consistent gains.
In the election of 2006, Americans were unhappy with the president and the Republican controlled Congress . It was clear that they wanted a CHANGE, and they GOT IT! As a result, a Democratic Congress was voted in and has been in control of the government for almost two years.
Since then:
1) Consumer confidence has plummeted.
2) The cost of regular gasoline has risen to over $4.00 a gallon.
3) Unemployment is up to 5% (a 10% increase);
4) American households watched $2.3 trillion in equity value evaporate.
5) Stocks, mutual funds and other investments have seen record losses;
5) Home equity has dropped by over $1.2 trillion dollars;
6) 1% of American homes are now in foreclosure.
At whom should we be pointing the finger of blame? The average American doesn't realize that Congress makes the laws, and has ultimate control over the conditions that are present in this country----not the President. He gets to work with whomever "we the people" elect. Was voting for Change a good move? You decide.
Interesting Thought. What's Your Take?
July 21st, 2008 at 01:25 pm
July 21st, 2008 at 02:17 pm 1216649822
July 21st, 2008 at 02:59 pm 1216652353
July 21st, 2008 at 03:56 pm 1216655794
July 21st, 2008 at 05:08 pm 1216660123
July 21st, 2008 at 06:41 pm 1216665702
July 21st, 2008 at 11:05 pm 1216681538
Second rule is political: Hide your wallet, period.
July 22nd, 2008 at 12:32 am 1216686736
July 22nd, 2008 at 02:43 am 1216694619