Cavuto of Fox: "Bush Recovery"?
The stock market rally yesterday (gains above 10,000) is partly because, in Fox New's Neil Cavuto's opinion, of what former President George W Bush did with the bailouts to banks back in late 2008. Watch this video.
It appears that the Republican Party and their propaganda tool, Fox News, are starting to worry a bit about the possibility of the economy and jobs improving before next year's election.
Behind closed doors they are most likely saying something like, "lets have this group complain about the lack of jobs and at the same time let's have this other group start pushing the idea that the economy and jobs came back --mostly because former President George W Bush's quick and decisive action back in 2008. That way whatever happens we are covered for November 2010's election cycle. If the economy improves, we can claim Bush's actions are why, if jobs continue to tank, we can claim - we told you so."
Once again they simply ignore the fact that if the Bush administration and the Republican leadership had acted sooner (instead of waiting till 2 months before leaving office), perhaps no bailout would have been required and millions wouldn't have lost their jobs and/or homes in the first place.
It all good. Fox News continues to discredit itself as a legit news provider in an increasingly more obvious manner.
October 15, 2009 10:31 AM | Reply | Permalink
I'm not sure that's possible. Subtly has never been an Ailes strong suit.
October 15, 2009 12:15 PM | Reply | Permalink
Have to agree... especially since then Secretary of Treasury Paulson stated publicly that he had 'seen this coming' in April and 'had to wait for things to get this bad' before he could ask for what he was asking for in his 3 page bailout request including freedom from all legal repercussion.
October 15, 2009 12:29 PM | Reply | Permalink
Now THAT is what needs to be echoed, how they demand their behavior not be subject to any laws.
Paulson cannot be held accountable when he disburses billions of dollars from the US Teasury.
Halliburton thinks there's merely a financial price to pay when their employees gang rape another employee, and they cannot be taken to court.
Blackwater thinks they can kill indiscriminantly without retribution.
While these people are lawmakers, they feel they need not answer to anyone for their own actions.
October 15, 2009 3:18 PM | Reply | Permalink
Yes, I think it's their favorite thing about what they call 'capitalism'. No accountability for the rich and powerful.
October 15, 2009 4:33 PM | Reply | Permalink
I'm tellin ya, these people could sell bullshit to cattlemen.
October 15, 2009 7:24 PM | Reply | Permalink
Just one point of fact, the democratic Congress was in charge in 2008 and the legislation passed in an overwhelmingly bipartisan fashion.
October 16, 2009 6:40 AM | Reply | Permalink
I'm curious, how did the republican vote on this bailout - can't remember.
October 16, 2009 8:06 AM | Reply | Permalink
I have no problem with republicans claiming a Bu$h Recovery so long as they also accept the responsibility for the high unemployment numbers, lack of jobs and opportunities to ease unemployment, as well as the financial losses the public has taken on their personal retirement accounts and their home equity too. It's all part of the same package. They can't be allowed to just cut out the choicest part for themselves that is successful then throw scorn upon the Democrats for the failure of other parts of the same package that was brought down as a result of Wall Streets' demise.
October 16, 2009 8:49 AM | Reply | Permalink
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August 17, 2010 10:20 AM | Reply | Permalink