(This is a read, but something that is worth your time, if you are an American, and maybe even if your not) Recently I just read the NextElect app post, and to keep that thread clean, I am making this one. Try not to flame, and keep it intelligent. Everyone is entitled to thier opinion, and everyone is also entitled to disagree. So, anyway. Let's start with our previous president Mr. GWB. Alot of people blame him for the economy problems yada yada. The finger needs to be pointed at Bill Clinton. For it is he and his administration that caused this economic failure. How do you ask? Through his "everyone should own a home" policies, he stronghanded banks into giving loans to people who shouldn't have gotten them in the first place. I know someone who 5 years ago got a 200k home loan making 7/hr with no down payment. Plain stupid. And it is exactly that, that made the economy collapse. With all these people buying homes and couldn't really afford them caused an artificial increase in demand, resulting in an artificial boom and price increase on homes, that were only really worth a fraction of what was paid. Now what happens when all these people, cant afford to make thier payments? Well the housing market gets oversaturated and the market plummits. Thats exactly what happened. Now how the banks failed: What happens when you loan out billions of dollars for properties that are only worth millions? And what happens when the consumers stop sending in checks for those loans? Simple right? You foreclose, sell the house and get your money back. Easy. Not really. The house they loaned 400k for is now only worth 180k, so the banks lose thier hats foreclosing, plus no-one is buying the houses, and there is a supply to demand ratio that makes real estate agents cringe. So now the bank is stuck with properties they cant sell, AND have to pay taxes on. The banks collapse. The banks you see buying up other banks were the few who didn't succomb to the Clinton administration and were smart about who they lent money too. They are in great shape. Why the banks failures and housing market crash killed the economy: People get scared easy. When they saw this happening, people lined up to pull their money out of banks and investments causing more bank failure and the stock market to plummit. Its a huge snowball affect. With companies losing money, and people holding on to their money more tightly, companies need to make cutbacks to stay alive, so here come the layoffs. Less circulation leads to more of the same. Now people are out of jobs, all because of Bill Clinton and his administration, allowing people who cannot afford homes buy them. Summary: This is undeniable fact. It cannot be disputed. Don't even try, it's like arguing with gravity. GWB in fact did not have anything to do with the economy collapse, it was all Bill Clinton and his team. Why I don't like Barack Obama, his policies, and the democratic party in general: In Baracks first 100 days, he spent more than GWB did his entire time in office. He doubled the welfare payout, enabling lazy drains of society to sit at home, be non-productive, and collect money. Now I may or may not receive alot of flaming for this, but hear me out. I can't stand lazy people. I cannot stand freeloaders. Like it or not, we live in a capitalist society, and I wouldnt have it any other way. People should not live for free. Like it or not, medical care is not a right. It is a privilege. Doctors go to school for more than a quarter of their lives, and take on hundreds of thousands of dollars in loans. They devote their lives to it, and they deserve the payout in the end. It is said doctors don't really begin to profit from their profession until in their mid 40's. Wow. Free healthcare would ruin that, as the government cannot afford to pay everyones doctor bill. Doctors will go to other countries. American healthcare will fail. Would you randomly pick up the check for someones steak dinner? Someone you don't know? Probably not. Then why should the productive people, people who try, people who want to be something, pay someone else's doctor bill b/c they cannot afford it for whatever reason it is. Now don't get me wrong, healthcare reform is needed, but not the way Obama wants it. Is Obama a socialist?