Those Silly Republicans and their Democratic Debt

Hello Papamoka Bloggers! Since I seem to have drifted into my summer season, which is more about playing outside than writing about politics, I'll still do my best to get angry about something. Let's see, how about what I like to call the most recent Republican Brainwashing Initiative (RBI 2.0). Let's face it, the majority of them (non-tea-party-folk) have been relatively silent for a while. I think that seems to be changing.

I think our Republican friends are beginning to stir a little more these days. It seems they've been listening to FOX "News" (RBI central) long enough now [since their election losses] for some of their more heinous brainwashing to take full effect. At least in my world, they've begun to share. They're beginning their usual blame game, and unfortunately facts have little to do with how they assess or assign blame.

The lies have begun to flow like girly-poop in a man-sized Texas toilet. In the same way Ronald Reagan's fake legacy blossomed after a a few years (I guess they forget faster these days - must be the drugs in our water), George W. Bush is beginning to emerge as a competent president who ran a highly successful foreign policy and economy. The signs are there that he is destined for honor and glory within the party. I must admit, you have to admire them for their ability to turn anybody, even the biggest loser, into a hero.

Unfortunately, and equally perplexing, President Obama is now the one responsible for everything bad that's happening in the world - especially the bad bits they're mostly responsible for.

I could ramble on (as I usually do - to get the facts right) with a laundry list of BS they're beginning to buy into again, but that would be exhausting for all of us, and I want to go play outside. So, let's focus. What are the far-right screw-ups - the ones who drink their own Kool-Aid - really annoying me most about these days? What propaganda pisses me off the most?

I know! It's that latest false factoid being spewed on FOX "News" day and night these days - not to menation the lesser media minions. Hannity, O'Reilly, Cavuto and the rest are all talking about it ad nausea. They even have their creepy-crawlies Coulter and Matlin carrying the water on other networks. I guess it must be an edict from the top, wherever that top is these days.

What is it? It's their claim - which my friends and family now believe - that Barack Obama has now contributed more to the federal debt than any president before him. It's BS, but they keep saying it.

The claim is outrageous. It has no bases in fact. The federal debt remains the responsibility of the Republican Party, since their leadership created over 90% of it. Barack Obama has contributed to less than 1% of the federal debt so far, and his annual budget deficit is still overwhelmingly the product of George W. Bush.

A matter of fact, George W. Bush is responsible for contributing the most to the federal debt. Now that's a fact you can take to the bank.

Of course, the far-right will ignore the obvious facts. A matter of fact (sorry, it's a fun word), I'm pretty sure we'll have somebody crapping those very same Republican BS-talking points in response to this very post.

As always, the Republicans are lying to the American people and to themselves. As you can see by the chart above, George W. created the largest annual deficits in American history. Incredibly, those annual deficits would be even higher if war borrowing had been included on the federal books. Barack Obama has included those negatives since taking office, which has increased the debt

I know it had to be done, but I wonder if the Republicans will get away with painting us with their own stink of irresponsibility. Unfortunately, our own honesty may become a liability in 2012.

In my humble opinion, because of these and other lies, the Republicans have no honor. They are liars, plain and simple. The Republican leadership/elite will do or say anything to regain their power, and that includes massive doses of propaganda. We can only hope the American people will not fall for it again. "Fool me once, shame on you; fool me twice, shame on me." Let's hope that shame remains a distant memory.

Just to be clear, the facts about the federal debt are simple. I have reviewed them on this blog numerous times. The overwhelming majority (over 90%) of today's federal/foreign debt was created during the leadership of the Republicans. They borrowed to lower taxes. It was done mostly under Ronald Reagan, George Bush, and George W. Bush. Bill Clinton lowered the debt. Those are the facts (see the chart below).

Like most Democrats, I can't stand the way President Obama is forced to spend to salvage today's broken economy, but to blame him for the debt is tantamount to blaming the Democrats for starting the Iraq War. They may have been involved to some degree, but the blame lies clearly at the feet of the Republican Party.

I will probably be writing about some of the other bits and pieces of propaganda the Republicans are pushing these days, but let's leave those for another time. Today it's all about the way they're lying about the money.

What do we ordinary American citizens do? We do what's right, and tell the truth. Please, keep talking to your friends and family about the facts. Tell the truth about the lies. I don't care how many times we have to say it, it's important to get our message out. WE ALL NEED TO TELL THE TRUTH!

WE MUST NOT allow those at FOX "News," or similar-slimy-corrupt-propaganda-fake-news-outlets, to poison the minds of the American people. We need to keep reminding our friends and family the truth about what really happened, and most important, about what really went wrong.

Michael Boh
Papamoka's Left Coast Contributor
from Our Rants & Raves Blog

PS - I know most have to work, but I'm taking a break at noon to join a group of protesters in front of Dianne Feinstein's office on Santa Monica Boulevard at noon this afternoon. If you're in LA, please consider joining us to call on her to support a strong public option as part of health care reform. If not, please think about contacting your representatives. It's the only way to prevent the private-sector from robbing us of affordable health care. Thanks - MB

Republican Secrets and Lies

Hello Papamoka Readers! Senate Republicans and "centrists" appear to have been successful at ripping the heart out of the stimulus bill, which will probably render it mostly ineffective. It's been both incredible and depressing to watch!

The Republican rank and file have fallen for their party's ruse about reduced government spending, while the GOP leadership looks out for their shadow interests few understand. The pathetic Senator Reid needs to fix it, or the outcome could be very bad news for America.

After watching recent events unfold it's now clear that I was wrong. I thought the Republicans were just stubbornly clinging to discredited ideas about how to spur economic growth, to create jobs their way, but I've changed my mind. I now believe they don't give a damn about creating good jobs.

After watching the debate on the Senate floor, with Democrats giving amazing speeches supported by leading economists on both sides of the aisle, it's clear nothing will convince GOP leaders. The opposition's floor comments were often outrageous, mostly unhelpful, and without alternatives. They obviously have another agenda. It's still unclear what it is, but I think they're up to no good.

They're deaf about the "change" the American people voted for. They are willing to destroy the ONE PLAN we have to create a solution for their own mysterious, selfish, power-hungry reasons. They seem unconcerned about the American economy, suggesting we wait for better solutions. They are spewing lies, muddying the waters, and playing the WORST POLITICS imaginable with people's lives and livelihoods.

The GOP today is surreal. Their leadership lies to control the message. Their constituents believe them. We know they're lying about the spending, but their true economic and political goals remain unclear. If I had to guess, it probably has something to do with keeping CONTROL of economic power. Government intervention is probably a threat to their interests. That's my best guess. What's yours?

Call me a crazy conspiracy theorist all you want, but the evidence seems clear. I'll bet the GOP shadow government, or oligarchy, cares about the American economy IF it serves their interests. IF it threatens that wealth and power, it must be sacrificed and renewed.

So, the Republicans have succeeded once again at herding their sheep and attracting a few moronic centrists into their fold. The damage this time will be significant. The stimulus bill Reid has negotiated will not be enough. Forget Reid, unless President Obama and Nancy Pelosi can convince the centrists in the Senate - like Olympia Snowe (R-ME) - to accept more stimulus than all is lost.

The watered-down version will not do the job - it will NOT CREATE ENOUGH JOBS to restart the economy. Unless we can stop the Republicans and their centrist allies, than America is doomed. The economy will begin to spiral down further, and as more jobs are lost the housing market will crumble more. The government will lose its ability to borrow from the credit markets, and then the worst will happen.

The final Republican bubble will burst. The treasury will lose its ability to raise money and the American economy will CRASH! The Chinese and the rest of the world holding over $10 trillion in American government paper will have only one course of action: buy America piece by piece.

Unless President Obama and the Democrats can reverse the ship of state on its collision course with disaster, then we - AVERAGE AMERICANS - are doomed to CRASH! Most Americans will suffer, and the middle-class will be destroyed for good. We will be powerless. It will make the first Great Depression look like a trial run. President Obama needs the support FDR fought so well to attract, or we're all in trouble.

The Republicans will be fine. Remember, the rich always get richer. They'll make their money anyway possible - as they always do - while America slowly heals over decades from its deep Republican wound. Once crashed, the Republicans will probably return to power, and do what they've always wanted to do - enact the "Anti-New Deal!"

The Anti-New Deal will be sold to "get us out of debt." It's ironic how the "party of debt" will be the ones selling to get us out of debt. They will do it by destroying everything good about the nation. In the best libertarian traditions they'll destroy everything FDR created. The REPUBLICAN FINAL SOLUTION will finally be enacted.

It's not concentration camps, but it will kill people. Social security, medicare, medicaid, unemployment, and the rest of the 20th century entitlement programs will be eliminated. Government will suffer its final Republican castration, and few government programs will be left to serve average Americans.

The result will be a dog eat dog nation again. Charity will be left to the poverty stricken private sector, and millions of people will die. Only the strongest will survive. They are trying to return us to that very dark and ugly world, and they may succeed if we can't stop them. They got us to this point by spending us into oblivion, and now they're trying to say we can't be allowed to fix it.

I'm sorry to be so negative, but despite our "glass half full" national personality, everything described here is possible. Our only hope is that ordinary Americans who happen to be Republicans figure it out before it's too late, and force their leaders to act in the best interest of the nation and its people.

Michael Boh
Papamoka's Left Coast Contributor
from Our Rants & Raves Blog

Congressman Barney Frank's Honorable, Tough Stand Against GOP Propaganda

Good Morning Papamoka Bloggers - I've been blogging a lot about the causes of the credit crisis, and although I hate to beat the proverbial dead horse, I simply have to post another article about how the Republicans are using race to explain away their own mistakes related to predatory lending and the credit crisis.

One of my favorite Congressman, Barney Frank, the man who recently suffered the obnoxious slings and arrows of that Fox "News" moron, Bill O'Reilly, supported my assertions yesterday that Republican criticism of Democrats over the nation's housing crisis is a veiled attack on the poor that is racially motivated.

According to the AP's Glen Johnson reporting from Boston yesterday, the Massachusetts Democrat and Chairman of the House Financial Services Committee, said the GOP is "appealing to its base by blaming the country's mortgage foreclosure problem on efforts to expand affordable housing through the Community Reinvestment Act."

He said the blame "is misplaced, because those loans are issued by regulated institutions, while far more foreclosures were triggered by high-cost loans made by unregulated entities." As my regular bloggers know that is a point that I've been banging away at for over a month now.

The Republicans refuse to acknowledge that regulatory protections were in place to insure against fraud and credit problems. They act like the Community Reinvestment Act and other legislation left lenders unprotected and vulnerable like sheep ready for a slaughter. To anybody who has read the legislation and the accompanying regulations (see my earlier posts) the assertions are wrong - or lies if you will.

Do you Republicans even listen to yourselves? The whole idea is crazy. It was caused primarily by a lack of oversight by the Bush Administration over the past eight years. Other causes involved Republican-led deregulation signed by Clinton in 1999 (he was wrong too), a housing bubble (caused by the lack of oversight and subsequent, over-confident market forces), and ultimate mismanagement and greed.

After a lot of homework, including a review of recent congressional testimonies, I would say the causes are pretty much in that order. The poor people who took the loans are the least guilty, unless they lied - also the fault of the predatory lenders in my opinion. Aren't there ways to find out if people are lying?

Frank said Republicans controlled Congress for 12 years and passed no regulation, while Democrats passed a Bush administration Fannie and Freddie regulation package since gaining control of the House and Senate in January 1997. Frank is rightly accusing the Republicans of race baiting their constituents. "They get to take things out on poor people," Frank said at a mortgage foreclosure symposium in Boston. "Let's be honest: The fact that some of the poor people are black doesn't hurt them either, from their standpoint. This is an effort, I believe, to appeal to a kind of anger in people."

Frank dismissed charges the Democrats failed on their own or blocked Republican efforts to rein in the mortgage companies Fannie Mae and Freddie Mac. I agree with him. I researched and discovered that both parties attempted Fannie and Freddie reform legislation from their own party perspectives, and both failed over the years due to a lack of compromise. Much of it was caused by the Bush Administration and its demands for massive structural changes designed to help Wall Street, and less industry regulation that Democrats felt threatened a system that has worked well for decades. Despite the congressional conflict, the crisis still grew out of a lack of Bush oversight.

House Minority Leader John Boehner of Ohio called Frank's remarks "a lame, desperate attempt to divert Americans' attention away from the Democratic party's obstruction of reforms that would have reined in Fannie Mae and Freddie Mac and helped our nation avoid this economic crisis."

Mr. Boehner, the only lame and desperate things here are you and your party. You guys are willing to lie, cheat and steal to get your way. You are lying to the American people about the cause of this crisis, and you are attacking an honest man like Barney Frank to beat him in November and back up your absurd, deceitful, conspiracy theory that poor people brought down Wall Street.

Barney Frank did not cause this crisis. More than twelve horrible years of Republican "leadership" caused this crisis. The same leadership that brought us war, tragedy, and corruption on a massive scale. It is time the Republicans stop blaming others for what they caused, and take responsibility for their failures.

Rovian tactics like "muddying the waters" to make everybody look bad in this situation will not work. It was Bush and the Republicans. I hope you take the time to learn what I've learned, and vote them out of power in November.

Michael Boh
Papamoka's West Coast Contributor
from Our Rants & Raves Blog