The 2008 Bush Depression

Things are getting really rough out there.   Retail sales are way down and everyone I speak with is concerned about keeping their job.  Donations to charities have fallen.  Even the recycling business is having a tough go of it.   Our economy is slowly coming to a halt.  The Republicans under the leadership of George W. Bush have given tax breaks to US companies to send our jobs overseas and the Democrats in Congress under the leadership of Harry Reid and Nancy Pelosi have remained silent.  Can you believe this?  Tax breaks for taking jobs away from the American worker. In the meantime, CEO’s keep receiving “cash rewards” while the workers lose their jobs.  We don’t manufacture much in the US anymore so we have little to export.  We just provide “service” and that “service” has moved to other countries with the blessings of both political parties.

The Republicans actually had the audacity to attack Union workers while at the same time stuffing money into the pockets of Wall Street CEOs.  Remember the “crisis” in September where Congress had to approve a $700 billion bailout and the Bush administration didn’t want any oversight?  Well, there still isn’t any “real” oversight and our tax dollars keep flying out of the US Treasury.  The Chinese are now recruiting for the banking industry and this can only mean that the Chinese want to take over our banking system.  The Bush administration has sold US out and the media is worried about 21 conversations that DIDN’T happen between Blagojevich and Obama’s transition team.  No one wants to assume responsibility for our current crisis and the media remains silent.

A sign that the times are tough is when no one applies for a rental property.  We own a few rentals and usually when one becomes vacant, we get a long list of interested people.  Right now, we have an empty apartment and very, very few applicants.  Without a job, no one will apply for a rental and we can’t afford to rent to someone without an income.

Bush doesn’t give a rat’s ass about any of us.  His only concern is his new portrait and making sure that he can pass the blame for his failures onto someone else.   He is set for life and if things go crazy, he can always move to Paraguay.   In the meantime, American workers must scrounge for “cake”.

This is the real Bush legacy, the Depression of 2008.  Times are tough.  Hey, brother can you spare a dime?

(Dr. John and Odetta)

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