Quote Originally Posted by RB2D2 View Post
Yeah, the Republicans want to focus on the debt but the real problem is JOBS! And the reason we are in the crapper right now IS due to corporate greed. People did the right thing, saved their money, build up IRAs and 401K for their retirement and then saw most of it disappear right before their eyes through no fault of their own. And you blame them for being mad as hell??
First, the Republican HOUSE has passed 15 bills since the first of the year that would help (they say) improve the job problem. These have yet to be scheduled for vote by the Senate which as I’m sure you’re aware is held by the Democrats. Why is this?

Second, why hold the corporate greed solely responsible? Do you not hold those who borrowed more than they could afford? Was this ‘people doing the right thing’? While I know several were tempted by predatory mortgage writers MANY were not. Also consider the Government’s connection with this by pressing subprime mortgage writing by guaranteeing via Fannie/Freddie.

Thirdly, those who had IRA’s, 401K’s etal did not see ‘most of it disappear’ UNLESS they cashed them out at the bottom of the market. These investments will re-gain their value over time. 'No fault of their own', consider that if you WERE WILLINGLY investing in products that have RISK, which most do, THERE IS A POSSIBILITY OF A LOSS. The bailouts were WRONG but remember BHO was part of the Senate that voted for them as were a WIDE variety of Democrats (the party of which was the majority in BOTH houses at the time).