This year, there's 'only' a hurricane to kick off the S**t Storm of National Conventions. The 2008 economic collapse happened in the middle of the last presidential convention season! The Obama Administration inherited the country during the worst depression since the Great Depression.
Here's the order of history highlights: Bill Clinton's administration left balanced books. A small breakdown of George W Bush 8 years of GOP leadership: No one could believe we had "that guy" for President, September 11, 2001, predatory lending becomes household word, 3 wars, multiple GOP scandals, loads of Dick Cheney scary stuff, spy stories, mercenary war contracts outpacing exhausted, underpaid veterans, and the topper was the 2008 economic crash. GOP John McCain and Sarah Palin were NOT elected. The Bush Administration pushed TARP during lame duck last days of his administration (and added the hidden billions more) to reward greed with bail-outs both parties said they HAD to do. Obama is sworn in and gets busy on his promises but is watered down to stinky bog by Republican obstruction and obfuscation tactics that too many took as fact. The 2010 mid-term elections had us all whining that President Obama had not fixed everything in under 2 years. Both sides have been campaigning for 2012 since 2010. Politics and Big Money are too busy playing Lord Of The Flies with each other to bother about you.
To me, the repair comes from dealing with what the BANKING Industry caused. They were infused with YOUR money, there's your National Debt on top of THREE CONCURRENT FOREIGN WARS. Did TARP rescued banks restore your housing market values and city assessments? Can you sell your current Fannie or Freddie home to up OR downsize your family finances? Does the word "short sale" sound fair for something you didn't cause? Are you like my family who bought within our means, always paid on time and in full, but your lender says you have no LTV to take advantage of lowered interest rates? No? No revised lending industry = no fixed housing industry = hostage to unfair mortgage interest rates = no jobs = foreclosed homes and businesses = VANISHING Middle Class. Have TARP receiving institutions repaid every single penny of YOUR money with their restored profit margins? Have they been made to do so, or given more breaks and time like you don't get to advantage for sustaining your property and rising property taxes?
Why aren't EITHER of our Presidential candidates talking about the Number One factor keeping most of us awake every night?
I have little faith in elected officials of any party at any level, but I will vote in both my primary and general elections - I still feel it my American Duty & Privilege.
Showing the National Debt all through the GOP National Convention does not rewrite history, it best serves as a reminder of how it happened.
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