What went wrong for McCain?
Well, the economy tanked at the wrong time.
The media blamed Bush and the Republicans.
It was very unpopular to be a republican during this election.
Everyone tried to distance themselves from Bush.
Bush really hurt John McCain's campaign - but why???
My problem... no one except conservative radio talk shows, conservative web sites, and bloggers pointed out that the economy tanked due to failed socialistic policies that the dems put into the free market. So no one except the conservatives who actually pay attention to the issues and who understand the economy - actually knew what was going on.
Why did the Republicans take the blame for this?
Why did we let Bush take the blame for this - when they were put in place by Clinton?
Why didn't any politician explain to this to the public?
Why didn't Bush explain this?
Why did we try to hide from the "republican" title (everyone here in Washington listed themselves as GOP instead of the taboo "republican" title)?
Yes, I understand the the media is very bias and would never explain this - but why didn't any of the politicians?
The reason we are in an economic mess is:
This crisis can be traced its roots to Democrat initiatives to undermine free market banking practices in favor of targeted constituencies. The mortgage lenders were able to make millions of loans to borrowers who, subject to free market lending practices, would not have been able to qualify for loans. Clinton's legislation, in effect, applied affirmative action to the lending industry, which is to say that the current crisis is NOT a "free market failure" but the result of socially engineered financial policy by the central government (this was put in by Clinton - not BUSH). Regulations to keep Fanny Mae and Freddy Mac intact and regulated were consistently opposed of by the Democrats in Congress. This market manipulation eventually caused the housing market to crumble, the devaluation of mortgages has had an enormous financial impact on institutions that trade in "packaged mortgages," and consequently, on other institutions that trade with them, which caused the economic foundation to crumble, the DOW to drop and consumer confident in the perceived value of financial instruments (which are the foundation of our economy) to plummet.
Why is this Bush's fault?
Why hasn't anyone defend Bush? - all they have done is tried to distance themselves from Bush - instead of telling us the truth behind the crash.
Yes, I know Bush wasn't as conservative as he should have been, but do we give him any credit - he has focused on a noble cause of winning the war in Iraq (which so many people disagree with him on) - with the goal to win freedom and conquer terrorism (see here and here and here for more info). We have great defenses in place now -We haven't been attacked by Terrorist since 9/11 and I am sure the Terrorist have not given up on trying to destroy us. History will give George Bush more credit than we do.
Most people voted for Obama due to this wonderful change he would have on the economy & because he wasn't Bush (yes, and now we are about to get some more wonderful changes, just like the wonderful change Clinton's legislation had on our economy)
I expect a lot of damage to be done to the nation's economy, politics, and social order due to the excesses of a government dominated by a combination of Barack Obama and a radicalized Democratic caucus in Congress in the next four year.
I also hope we Conservatives can get back to our roots and find and stand for real Conservative values again. Never again can we afford to compromise, never again can we stray from our ideology, principles or shy away from loudly speaking out and articulating the differences. Conservatives can’t straddle the fence anymore or reach across the aisle and hope to hold a shred of credibility. It doesn't work - it becomes a wishy washy mess. We need to stand for our principles and values. period.
Get prepared for hard times ahead. Get out of debt. Save up at least 3-6 month supply of money and food. There's sure to be hard times with Obama's "changes."
By the way did anyone ever find out what Obama's "yes we can" chant and "change" really means?
-- I just found this article in the Wall Street Journal & it states exactly what I am saying--
"The American electorate has handed [Barack Obama] and his fellow Democrats the kind of sweeping victory they haven't had since at least 1976 and in certain respects since 1964. We'll now find out if the Democratic Party has learned anything since the last two times it held all the levers of power in Washington. ... The economy was by far the dominant issue, and voters held GOP Members who belonged to the party in the White House responsible. There's some injustice in this, because if anything Democratic policies have prevailed the past two years in Washington. But neither Mr. Bush nor John McCain made that case clearly to voters. The Democratic temptation will be to interpret this victory as a mandate for renewed liberal government. Republicans hope they do. The last three times the Democrats won this kind of victory -- in 1964, 1976 and 1992 -- they overreached and suffered big losses two years later. ... Republicans can console themselves that soon Democrats won't have George W. Bush to kick around anymore. They'll now have to take responsibility if the economy stays in recession, or if Iraq turns chaotic again after an abrupt U.S. withdrawal. Americans have entrusted Democrats with what will essentially be unrestrained power, and we'll soon see if liberals have learned to govern." --The Wall Street Journal
A Letter to the Editor
5 years ago