Joy Behar to Teabag B.S.er: Where Was Tea Party During Bush Administration?

[240 is Back]

Yes, but the house GOP caved to bush threatening martial law and offering pork payouts.

They wanted to keep their jobs, and they know their constituents (probably the same people who now are the tea party) were very vocal against it.

Repubs and Bush could have stopped it - and they didn't.

[Soul Crusher]

Obama and the MSM kept saying McSame McSame McSame as to economic policies and Obama got a free pass and was elected.  Palin had nothing to do with it.  
 
 
msm, is this the msm that you and billy say nobody watches when you site all these polls

Obviously some dunces watch it.  You have ten posts a day on fox news alone.  

[BayGBM]

http://www.propublica.org/special/government-bailouts

Yes.  The Bailout of the Auto Industry happend UNDER BUSH in September 2008!

   Auto Industry   2008   In late September 2008, Congress approved a more than $630 billion spending bill, which included a measure for $25 billion in loans to the auto industry. These low-interest loans are intended to aid the industry in its push to build more fuel-efficient, environmentally-friendly vehicles. The Detroit 3 -- General Motors, Ford and Chrysler -- will be the primary beneficiaries.   $25 billion


Bush also gave us,

Airline Industry   2001   The terrorist attacks of September 11 crippled an already financially troubled industry. To bail out the airlines, President Bush signed into law the Air Transportation Safety and Stabilization Act, which compensated airlines for the mandatory grounding of aircraft after the attacks. The act released $5 billion in compensation and an additional $10 billion in loan guarantees or other federal credit instruments. (What happened after the bailout?)   $18.6 billion
●   Bear Stearns   2008    JP Morgan Chase and the federal government bailed out Bear Stearns when the financial giant neared collapse. JP Morgan purchased Bear Stearns for $236 million; the Federal Reserve provided a $30 billion credit line to ensure the sale could move forward.   $30 billion
●   Fannie Mae / Freddie Mac   2008   On Sep. 7, 2008, Fannie and Freddie were essentially nationalized: placed under the conservatorship of the Federal Housing Finance Agency. Under the terms of the rescue, the Treasury has invested billions to cover the companies' losses. Initially, Treasury Secretary Hank Paulson put a ceiling of $100 billion for investments in each company. In February, Tim Geithner raised it to $200 billion. The money was authorized by the Housing and Economic Recovery Act of 2008.   $400 billion
●   American International Group (A.I.G.)   2008   On four separate occasions, the government has offered aid to AIG to keep it from collapsing, rising from an initial $85 billion credit line from the Federal Reserve to a combined $180 billion effort between the Treasury ($70 billion) and Fed ($110 billion). ($40 billion of the Treasury’s commitment is also included in the TARP total.)   $180 billion
●   Auto Industry   2008   In late September 2008, Congress approved a more than $630 billion spending bill, which included a measure for $25 billion in loans to the auto industry. These low-interest loans are intended to aid the industry in its push to build more fuel-efficient, environmentally-friendly vehicles. The Detroit 3 -- General Motors, Ford and Chrysler -- will be the primary beneficiaries.   $25 billion
●   Troubled Asset Relief Program   2008   In October 2008, Congress passed the Emergency Economic Stabilization Act, which authorized the Treasury Department to spend $700 billion to combat the financial crisis. Treasury has been doling out the money via an alphabet soup of different programs. Here’s our running tally of companies getting TARP funds.   $700 billion
●   Citigroup   2008   Citigroup received a $25 billion investment through the TARP in October and another $20 billion in November. (That $45 billion is also included in the TARP total.) Additional aid has come in the form of government guarantees to limit losses from a $301 billion pool of toxic assets. In addition to the Treasury's $5 billion commitment, the FDIC has committed $10 billion and the Federal Reserve up to about $220 billion.   $280 billion

Ouch!  Extract foot from mouth. Lather. Rinse. Repeat. 

[blacken700]

so how did that win him the election when noboby watches it

[Soul Crusher]

Obama is the product of the following:

1.  MSM kneepadding.
2.  Liberal White Guilt
3.  Bush Fatigue.
4.  McCain horrible campaign.

[The True Adonis]

And then there is this

Michael Moore's 'Capitalism: A Love Story' -- Goldman Sachs Obama's #1 Private Contributor

[Soul Crusher]

TA I posted a list of the GS employees currently in the WH.  Look it up.  they own him. 

[The True Adonis]

 The Center for Responsive Politics, a well-respected nonpartisan group that specializes in analyzing campaign data provided the following; Their numbers include contributions from employees and their immediate families.
Their analysis of the 2008 presidential campaign found that University of California employees were Obama's top donor, giving a collective $1.6 million. That system is run by the state of California, and hence is a public employer.
No. 2 was Goldman Sachs. Goldman employees gave Obama $994,795.
Obama's next biggest donors were the employees of Harvard University, Microsoft, Google, Citigroup, JPMorgan Chase, Time Warner, the law firm Sidley Austin, and Stanford University. View Obama's complete list and amounts here. Incidentally, Goldman Sachs ranked No.4 on John McCain's list of employee contributions, at $230,095.  Moore said that Goldman Sachs is Obama's "No. 1 private contributor." The data shows that is correct. We rate his statement True.

[MM2K]

Oh, you mean where were the teabaggers when the deficit was down to about 2% of GDP?? Yeah, where were they huh? Meanwhile, conservatives were ALWAYS criticising Bush for his spending. Please. And what Bush did was no where near to the level of what Obama was doing. Bush merely diverted some of the TARP funds to assist GM. It was Obama that actually bought shares into the company. So please stop the lack of clear thinking. You guys can come up with better arguments than this I hope.

[Soul Crusher]

Oh, you mean where were the teabaggers when the deficit was down to about 2% of GDP?? Yeah, where were they huh? Meanwhile, conservatives were ALWAYS criticising Bush for his spending. Please. And what Bush did was no where near to the level of what Obama was doing. Bush merely diverted some of the TARP funds to assist GM. It was Obama that actually bought shares into the company. So please stop the lack of clear thinking. You guys can come up with better arguments than this I hope.

I think Bush really mailed it in at the end and let Paulson do everything.  Paulson was the one threatening martial law, not Bush. 

[Soul Crusher]

TA - did you ever watch "The Warning" on that radical VRWC network PBS? 

If not, you really should.  Its mostly with this woman Brooklysey Borne and her attempts to shut down Rubin, Summers, Geithner, and Greenspan in 1999.   

[240 is Back]

"Paulson was the one threatening martial law, not Bush.  "

I see.  On his own authority?  And wouldn't a repsonsible president kick the shit out of a person threatening this under Dubya's name?

[Soul Crusher]

TA - did you ever watch "The Warning" on that radical VRWC network PBS? 

If not, you really should.  Its mostly with this woman Brooklysey Borne and her attempts to shut down Rubin, Summers, Geithner, and Greenspan in 1999.   

Here:  check this out:

http://74.125.93.132/search?q=cache:echRyXNgsbwJ:www.pbs.org/wgbh/pages/frontline/warning/+pbs.org+the+warning&cd=1&hl=en&ct=clnk&gl=us


Just make sure you dont kick in your monitor after watching this.  

[Soul Crusher]

"Paulson was the one threatening martial law, not Bush.  "

I see.  On his own authority?  And wouldn't a repsonsible president kick the shit out of a person threatening this under Dubya's name?

240 - you really should do some research on this and how it went down.  Go watch the Warning video I posted.  Its from PBS.org.

[240 is Back]

I dont trust PBS after the way Gwen ambushed palin in the Vp debate.










 

[kcballer]

Props to the very gross joy Behar for pointing this out.

It's good when people realize that whichever party the president is from - he was still going to be issuing all the tax dollars to keep all these companies afloat.

As TA showed above, Bush gave almost 3 TRILLION BUCKS to keep companies afloat, just in that short list.   Repubs didn't vote against it - THEY SUPPORTED IT.  Tea party people didn't march against it.

Suddenly a dem gets in, and lowers their personal income taxes while spending about as much as Bush did... and they're crying "civil war 2!" and "treason!"

It's sad, really.  And 33- I think Romney, Rudy, hilary, Edwards, Huck - ALL OF THEM would be releasing tax dollars to keep the $ afloat, just like Bush, Mccain, and Obama did.

Couldn't have said it better myself.  Lets not forget that there was potentially 2.5 trillion in lost revenue from the bush tax cuts to a small number of Americans.  Not only that but we got into two wars, one because of lies and misinformation that has cost us not only financially (much more than Obama has ever done) but it destroyed the lives and families of thousands of Americans over lies from the president.  Yet we still didn't have this tea party then, nor did we have 333 crying for a civil war.  Lunacy.  

[Soul Crusher]

KC - when have I ever defended Bush? 

No 2 - the Iraq War alone costs the same as the Stim Bill.    Not that the two are the same, but financially, the two cost the same amount. 

Also, the Fannie/Freddy bailouts alone are going to cost at least 400 Billion. 

Obama makes Bush look like nothing as far as spending goes.   

[kcballer]

It seems to me as long as you cut taxes for the wealthy, bail out companies without provisions, lie about and get into a costly stupid war you will still be better than the colored democrat in the white house who fiscally has done the exact same thing  

  

[kcballer]

KC - when have I ever defended Bush? 

No 2 - the Iraq War alone costs the same as the Stim Bill.    Not that the two are the same, but financially, the two cost the same amount. 

Also, the Fannie/Freddy bailouts alone are going to cost at least 400 Billion. 

Obama makes Bush look like nothing as far as spending goes.   

Have you ever wondered perhaps all this spending is in fact necessary?  That in fact the economists who are advising the admin and the previous admin are highly educated men who understand what it takes to move us forward?

[tonymctones]

Have you ever wondered perhaps all this spending is in fact necessary?  That in fact the economists who are advising the admin and the previous admin are highly educated men who understand what it takes to move us forward?

LOL right right, when bush did it, it was cronism but now that obama is doing it "its necessary" LMFAO 

[The True Adonis]

“We only have one political party in the US, and that is the property party, which essentially is corporate America, which has two right wings, one called Republican and one called Democrat. I can’t say I like either of them"- Gore Vidal

[The True Adonis]

 

[Purge_WTF]

  Joy may be a screech owl, but I have to admit that she has a point. Bush was the one who got us into two stalemate wars and got the Golden Parachute Socialism train rolling.

[The True Adonis]

Gore Vidal on Democrats and Religion. 

[MM2K]

Have you ever wondered perhaps all this spending is in fact necessary?  That in fact the economists who are advising the admin and the previous admin are highly educated men who understand what it takes to move us forward?

You are no different than a religous nut who does things because the bible says so. These are educated people and therefore they say something and I stop thinking. You do know there are a lot of other educated people and economists who are saying the opposite?