Notice cantor said nothing about the repub stimulous or the repub response of the economy is fine, go shopping.

Obama slammed Bush for supposedly treating the economic crisis so lightheartedly, and then Obama giggles over the economy. That's crazy.
http://obamareport.blogspot.com/2009/07/obama-laughing-contradiction.html

CANTOR'S GOT IT RJGHT" Cantor suggested that the next step for Congress should be relief for small businesses by exempting 20 percent of their income from taxes, and making more credit available. He also said passing a second stimulus bill like the first one would only compound the problem."
CAN 5THE REST OF THOSE DUMMIES SEE IT,WE KNOW WEEK AGO ...

The great 20th century middle-class economy, which lasted from the Roosevelt era until the Reagan era, was not created by focusing on what businessmen wanted, and much less by focusing on what the rich wanted. It was created by focusing on what workers needed, and everyone - everyone - did well under those policies. Reaganomics failed us and as Mr. Cantor knows, small businesses by the tens of thousands have failed as a result. I doubt the American people (except for the disgruntled racist right wing) want these Captain Hazelwoods back commanding the Exxon Valdez, especially as they're obviously still hitting the bottle. Sober up, Republicans!

Thanks Joe!!! At least someone in the Obama administration is telling us the truth!!

First Joe "foot in mouth" Biden slips and tells us "we guessed wrong on that one". The stimulus, we were sold in such a hurry no one read it, was supposed to cap unemployment at 8%. Instead unemployment zips right past 8% to 9.5%, likely will keep rising, and Joe tells "we guessed wrong on that one."
Really???? GUESSED WRONG ON THAT ONE??? Thanks for that insight Joe and the left goofs on Sarah Palin, go figure.
It is sad all the MSM can talk about is Sarah Palin or Michael Jackson as the Obama rookies keep GUESSING and misreading things WRONG.

The Obama rookies have BLEW past the Bush deficits of 2-3% of GDP over his eight years to 13% of GDP in JUST SIX MONTHS. That 13% deficit number is based on Obama's rosey 3% economic growth that is increasing looking like they GUESSED WRONG ON THAT ONE TOO!

The 13% deficit number Obama and crew guessed at is likely to go way up. It is looking increasingly like government revenue from a recession will shrink NOT go up with the 3% growth the Obama rookies forecast.

Thanks to Joe Biden today is the day the far left can NO LONGER blame Bush, though Pundit will, for our sinking economy.

Respectfully,
Pete

Skyrocketing oil prices, the housing crash, the stock market crash, and the associated economy failure, ALL occurred AFTER the Democrats took control of Congress in 2006. There was NO LEADERSHIP from the Dems... and there STILL is none. Now under the pathetic “leadership” of Socialist/Marxist Obama, government is expanding, welfare is RAPIDLY expanding (for the Democratic voting base), and our deficit spending has more than tripled...... but with NEGATIVE impact, NOT positive!!!

An appropriate quote from “citizen” posted on USA Today yesterday follows.

Only in America:

-only in america must we spend billions because we can't let chrysler go bankrupt, and then, let chrysler go bankrupt.
-only in america can congress force fannie and freddie to buy subprime loans, and then blame fannie and freddie for buying subprime loans.
-only in america can you be legally illegal
-only in america can the congress make laws that they don't have to follow
-only in america.... where your vice president declares 'jobs' a 3 letter word.
-only in america ...a major crisis requires swift action to pass a bill without reading it, then vacation for three days before the president has time to sign it!!
-only in america ...does the military get investigated by homeland security as possible terrorists, while our borders are wide open.
-only in america can you get a tax refund on taxes you didn't pay
-only in america can you can blame others when you don't perform
-only in america you have more rights being illegal, than you do legal
-only in america can you be 13 and have an abortion without telling your parents, but must have a written note from your parent why you missed school.
-only in america are you punished for good performance and revered for nonperformance.
-only in america can you call large corporations evil, while 99.9% of the americans work in companies with less than 500 employees.
-only in america can chrysler get 10 billion in aid for their company of 30,000 employees. i guess it is difficult to run a company for $333,333 per employee.
-only in america we care about 3 guys that get water up the nose, while our enemies are beheading us and blowing crowds of people up with suicide bombings.
-only in america you can say other interrogation techniques work, but you have no idea what those techniques are.
-only in america you can be president without a birth certificate
-only in america do politicians consider 'we the people' astro-turf
-only in america whatever goes wrong will always be bush's fault
-lastly, however in america , you can only be president when the teleprompter is on!!!

All the pish posh aside, there is simply not one side or the other to hold completely accountable for this major clusterf**k--ALL politicians are corrupt. They may go into politics for some narcissistic dream of saving the world, but once they're in, those dreams are replaced by the need for power--something that greedy lobbyist and special interest groups know all too well how to capitalize on.

The mess we're in right now, did not start with the Obama administration--and I am in no way siding with them on this, they will have to take some heat for it, as will a Democratic controlled Congress. However, that in no way should be taken as a pass for the Reps, Bush, or even Clinton.

Being politically undeclared, I have often defended the Left on their social issues--crap that I just don't think is any business of the government, religions, or others outside of the individual. Living in California, however, has made me extremely critical of the Left on economic issues, though again I don't believe it is entirely one side's fault--but the ultra Liberal state government here in California, really screwed the pooch on this one.

On the Right, I am a hardcore critic of their ties to the RR and their need to infringe on the rights of individuals, be it over an abortion or same-sex marriage--two areas that don't effect anybody else except the individuals involved. Also, the Right has a nasty habit of imposing economic policies that tend to help the upper middle class and above--sorry, trickle down economics are BS. However, I do favor TRUE economic Conservatism--I just have a different idea of what that is, compared to the GOP. Bottom line: I don't believe in anyone individual or the government living beyond their means, spending money they don't have, and relying on the concept of 'invisible money'.

Now, if any of you want to read something that will 1) tick you off and 2) explain exactly how we got to where we are, here's a link to a story in Rolling Stone--and the author is, in my opinion, completely non-biased. Nobody escapes blame, as nobody involved should:

http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine

Obama and Biden have both stated repeatedly that this is "the worst economic crisis since the Great Depression." Did George Stephanopoulos mess with Joe and remind him of that? No? Didn't think so.

Obama still has a long way to go to fix this mess. Good article explains what he needs to do now to stop the economy from going off a cliff: http://thestimulist.com/the-w-economy-its-here-already/

Mr. Cantor gets it right: Small business is the source of virtually all new jobs as large businesses continue to consolidate--since the 1960s. Obama plans have ignored them, except to heap new regulations, high taxes, and more pain upon them. Many have given up as the disappearance of them has accelerated since the elections. Banking and housing have not been good; but a ton better than in the 80s in Texas and the early 90s most everywhere--where banks disappeared and houses just didn't sell. The banks are back making money and houses are selling, just at lower prices--a ton better than back then. HOWEVER, jobs weren't disappearing so quickly, and major companies weren't leaving the US a la Haliburton, Chevon, Microsoft and Walmart by degrees.

"GOP Leader" Now there is an OXYMORON for today's politics. What, Obama is in office for 6 months and he hasn't cured cancer yet??? Unbelievable! Eric Cantor's solution: more tax cuts (Increased Deficits). We are taking economic body blows because of the "leadership" of the Bush administration, which had an obedient Repub Congress for 6 of those years...

I didn't know Biden could even read!