I am a Dem but I don't like the fact that Obama went from using public funding during the primary and then accepted big corporate money during the election. One of his campaign promises was about rescinding all of "W's" Executive Orders, which could easily be done by his issuing his own Executive Orders, none of which were done. Obama also renewed the "Patriot" Act and did absolutely nothing about the Military Commissions Acts of 2005 and 2006. Those 3 Acts together did more to violate our rights than anything ever done in our history.
I was listening to Rush Limbaugh, Sean Hannity and Michael Savage on republican talk radio just to hear what lunacys they're spouting. When they said that Obama has this country over $14 Trillion in debt I went and did some fact checking and here's what I came up with:
http://zfacts.com/p/1195.html
Republican National Debt: $12 Trillion and Counting
January 11, 2012. Republicans blame the "Democratic Congress" for their debt increases. The trouble is that Congress was only Democratic 8 out of the 20 years, and in those 8 years, on average, Congress passed smaller budgets than the Republican presidents requested. The specifics are all right here: It Was the Republicans.
So, let's add up the debt under Reagan and the Bushes. We can't blame Reagan for the debt's increase until his first budget took effect, October 1, 1981. Then, for 12 years until Sept. 30, 1993, the Republicans ballooned the debt. Later, George W. Bush took over.
Under Reagan and Bush: $3.4 Trillion increase in the debt.
Under George W. Bush: $6.1 Trillion.[1]
Total: $9.5 Trillion. (without counting interest)
But wait, there's interest on that debt ... continued below the graph. The debt went up during Clinton's years only because of $2.2 Trillion interest on the Reagan-Bush debt. Otherwise Clinton would have paid off most the remaining WWII debt. G.W.Bush got sand-bagged by Reagan.
Just like a mortgage, the debt earns interest, and so the Reagan-Bush-I debt grew during the Clinton years. The average debt interest rate in those years was about 6.5%, which would increase it over 50% without compounding, but with compound interest the total debt – including interest – increased by $2.2 trillion.
Total Republican debt from above: $9.5 trillion
Interest on Reagan-Bush debt under Clinton: $2.2 trillion
Interest on $11.7 trillion after G. W. Bush: $0.3 trillion
(detailed calculation)
Grand Total Reagan-Bushes Debt: $12 trillion (as of Sept. 30, 2010).
If the Republicans had not run up this $12 Trillion debt, we could easily have pulled out of the Great Recession.
Lest we forget, Reagan, devalued our dollar down to a dime. That was long after Nixon took us off the gold standard and because of Reagan devaluing our money, in combination with Nixon taking us off the gold standard, some "fat cats" became downright obese with wealth.
70% of our economy IS consumer driven. If the consumers have no jobs they have no money and without them spending WE have NO economy! I keep hearing the phrase "you're not a patriot, etc". All I can say is that if I'm not being a "patriot" because I refuse to keep on taking a shafting by our government and big corporations then I'll continue not being a "patriot". I consider a Patriot as being the person who fights for our rights as a "free" people.