American Elephants


Democrats Cheer at their Own Obstructionism by The Elephant's Child

George W. Bush developed a cautious plan for rescuing Social Security, by allowing people to — if they chose — to invest a small portion of their FICA payments, which would probably bring a higher return than Social Security would.  Democrats, with their usual inability to grasp basic economics, shrieked that Bush was trying to take Social Security away from Granny, and shot down the whole idea.

USEFUL LINKS:
Social Security Is in Far Worse Shape Than You Think
Social Security Disability Benefits Unsustainable

George W. Bush also called for reform of Fannie Mae and Freddie Mac seventeen times in 2008 alone.  Democrats in Congress insisted that the giant government sponsored enterprises (GSEs), who feature so prominently in any account of the causes of the financial crisis, were in fine shape, and needed no reform.  They just needed to loan more money to more unqualified homebuyers to increase homeownership.  Democrats  enthusiastically voted down any reform effort.

Did You Know that Bush Called for Reform 17 Times in 2008  Alone?

Incompetent, irresponsible and impossibly partisan. It’s like living in a dysfunctional family where the mom is a shopaholic and kleptomaniac, and the dad keeps trying to restrain her and keep her out of jail.  And of course Dad is accused of being mean.  Go Figure!


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