Wednesday, January 14, 2009

Dear Mr Cheney

Oh my, my, my. Tonight I was watching your interview with Jim Leher. As the topic turned to the economy you stated repeatedly that your administration was good for the economy and that the problems were unforeseen prior to the fall of 2008. Except you did acknowledge the Fannie Mae and Freddie Mac problem that reached crisis at the end of the Summer 2008, however, you chose to use that as a means to dig the Democratic Congress. As you attempt to sound informed and "warrior" like in the fight with congress over FM/FM we both know the motivation was not to "save the economy" or prevent crisis, but rather it was to continue the pushing of the anti-government, anti-regulation agenda. Who are you trying to kid, here? Well, since you appear to have such a little grasp on things economic, let me spell it out for you.

I'm torn as to what would be the actual center of the ripple between failing to raise taxes to support a war effort and loosening regulations that allowed the greedmongers to rape the economy.

I think I'll lean more towards the lack of regulation as the center since that has been working towards the current course we're in for a few decades, while being exacerbated during this past administration, not solely by policy, as much as it is by attitude. The flawed belief that money making is the most valuable regulator for a society. It certainly has it's place, but only after a strong ethic is in place.

Next would have to be the war initiated without providing funding to maintain it. This was the first time in our nations history that we waged war against a country that did not attack our soil. (And for your woe begotten followers, Iraq did not attack our soil, terrorists did, and those terrorists were Saudi Arabian) And the first time ever we were engaged in war without having taxes to pay for it. Any other president in history would roll over in their grave if they knew the leadership not only did not raise taxes, but lowered the taxes on the wealthy, all while financing a war, they would think we, the people, have all gone nuts.

Next ripple, Mr. Cheney, is the rapid increase of gas prices. Do you not see the relationship to the housing crisis and the increase in fuel prices, which led to increases in food prices, which led to less spendable income, which causes financial shortfalls for small businesses? Yes, sir, that is how a recession is born. And when we wind back to the center of our ripple, the lack of regulations in the banking industry, we have people approved for loans they never should have, nor never would have in the 70's and even in the 80's. So yes, sir, you and President Bush are culpable. You may not be the only ones, but to say you did well.....that is a sure sign of serious delusion.

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