President Obama issues an apology to former President Bush.

President Obama issues an apology to former President Bush.

 

(Tuesday) After Federal Reserve Chairman Ben Bernanke blamed the sluggish outlook for the April-to-June quarter on the effects of the Japanese earthquake, President Obama issued and Apology to former President Bush.

The President said, “After we learned that events like the tsunami and earthquake in Japan can sidetrack all efforts to stimulate the American economy, we looked back over the last ten years and saw the pattern in the last administration’s efforts. One can see evidence that the hurricanes like Katrina had a huge impact on the economy, and we believe if it were not for those unplanned disasters, or even the many out of control fires that raged through our country during the Bush years, my administration would have inherited a much stronger economy, and who knows, maybe my Keynesian economic plans would have actually worked. So my sincerest apologies to the former President for blaming him for our current economic problems.”

http://patdollard.com/2011/06/bernanke-gives-speech-blame-japanese-earthquake-for-u-s-economy-says-it-and-jobs-growth-will-pick-up-sfter-june/

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10 Responses to President Obama issues an apology to former President Bush.

  1. Hacksaw says:

    While he’s at it, Obama needs to acknowledge that President George W. Bush was in large part responsible for the military victory in Iraq & the intelligence gathered that led to the killing of Usama bin Laden.

  2. myfoxmystere says:

    Obama needs to apologize to the United States for being a taxing thief!

  3. If you ask me, the thiefs are the big corporations who don’t want to pay their fair share of taxes. I’m tired of the old argument that they create jobs. If they are multi-billion dollar corporations, they should be able to create jobs AND pay their taxes. I know many small businessmen who hire workers and still pay taxes, and they have a lot less capital to work with than big business. Why is it okay to cut social security, student loans and unemployment, but not okay to make corporations pay taxes?! They can afford it more than the elderly, students and Americans who are out of work.

  4. hybridtalk1 says:

    Girlscout – “If you ask me, the thiefs are the big corporations who don’t want to pay their fair share of taxes. I’m tired of the old argument that they create jobs. If they are multi-billion dollar corporations, they should be able to create jobs AND pay their taxes. I know many small businessmen who hire workers and still pay taxes, and they have a lot less capital to work with than big business. Why is it okay to cut social security, student loans and unemployment, but not okay to make corporations pay taxes?! They can afford it more than the elderly, students and Americans who are out of work.”

    Quite an emotional response GS. Corporations can’t really be thieves unless they take something from someone that wasn’t agreed upon in an exchange. My understanding is that corporations profit from customers who agree to trade dollars for products or services rendered. Now government, they take and take and take, but there isn’t much in exchange.

    How did you feel GS, about General Electric, and Obama corporate crony, making Billions of dollars in profits, and not paying a cent in taxes? Wonder who they know to get that deal?

    Also, where is it written that business owners exist not to profit from their investment, but to pay for social services at their expense? That sounds like thievery.

    • An emotional response? Why is my comment an emotional response? Just stating a fact. No, I don;t think it’s fair that GE didn’t pay taxes. EVERYONE should pay their fair share. Average Americans AND Corporations. As for paying for social services at their expense? We ALL pay taxes that are wasted on over-spending. Why should big business be exempt from paying taxes? I don’t like how some tax money is spent, but I STILL pay my taxes.

  5. hybridtalk1 says:

    When 48% of Americans are not paying any Federal taxes, and the top 25% of earners are paying 86% of all the Federal taxes, can we really say they are NOT paying their fair share?

  6. Yes, we can! Your example of GE proves it.

    • hybridtalk1 says:

      So GE pays what 48% of other Americans pay for taxes. Isn’t that fair? If GE has to pay their fair share, shouldn’t those other 48%?

  7. Sorry for the slow response. Have not had phone or internet service for almost 5 days. AT&T finally fixed it today.

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