Rather often I feel like listening to the Republicans is like living in Alice’s wonderland. Here are some examples: Who created more debt Bush or Obama? The opiate truth: Obama increased the national debt vastly more than any other president. The non-opiate truth: The Graph – Center on Budget and Policy Priorities is non-partisan. Here [...]
Here is my rebuttal of this, http://critical-thinker.net/?p=1025 First, I would not maintain that idealizing the past is solely a conservative issue. I think you can always find cases where any group idealizes the past. However, in my opinion, the fallacy in your counter argument is of cherry picking. Admittedly, I have not done any statistical [...]
In response to this post about the poor’s rich envy… http://critical-thinker.net/?p=943 I think you may find the Economic Policy Institute has some interesting facts concerning the rich and poor. http://www.epi.org/publication/11-telling-charts-about-2011-economy/ For example: “In other words, the richest 5 percent of households obtained roughly 82 percent of all the nation’s gains in wealth between 1983 and [...]
What happened after 30 trillion dollars of credit default swap derivatives flooded the worldwide market… This is my understanding, based on the data cited here: http://www.mixermuse.com/blog/2012/01/10/the-facts-how-the-republicans-created-our-current-economic-crisis/ http://mixermuse.com/blog/2010/10/14/how-george-bush-and-the-private-mortgage-market-created-the-perfect-storm/ In the latter part of the last decade, real estate pricing had been on the rise for decades and was due for a correction. Credit default swaps (CDS) [...]
Myths about the Mortgage Meltdown Myth 1: Clinton caused the mortgage meltdown Myth 2: Low income lending caused the mortgage meltdown Myth 3: Bush did not contribute to the mortgage melt down Myth 4: The private (free market) was not the cause of the mortgage meltdown The increase of MBS (mortgage backed securities) purchased by [...]
“Class warfare has been going on for decades. Republicans are really good at propaganda. However, they have finally deconstructed themselves. They could only talk generally for so long about cutting the size of the Federal government before their rhetoric caught up to them. Now that their own people are demanding that they walk the talk, [...]
There used to be a conservative website, some of its content is still around, called “The Postmodern Conservative”. I read a little content from this site as I am a little intrigued how one could maintain the conjecture of a ‘postmodern conservative’. On the surface, this is an oxymoron. Perhaps it is intended ironically. It [...]
First, let’s start with the obvious: From January 20, 2001 to January 20, 2009 the national debt increased from $5,727,776,738,304.64 to $10,626,877,048,913.08. For those that still believe in arithmetic this is an 85% increase in the debt over the Bush administration’s term ((10,626,877,048,913.08 / 5,727,776,738,304.64) * 100) = 185% or an 85% increase). From January [...]
When Bush Junior took office on January 20, 2001, the national unemployment rate was 4.7%. When he left office on January 20, 2009 and President Obama took office the national unemployment rate was 9.3% ( http://www.bls.gov/cps/prev_yrs.htm ). The current unemployment rate as of June 2001 is 9.2% ( http://www.bls.gov/news.release/empsit.nr0.htm ). Doing the math, the increase [...]
