Re: Dear Graduates: You’re Screwed!

Bush have something to do with something?

--------------------

Under Clinton economy was great, under Bush it was bad, when it was
bad Bush's appointees didn't do due diligence, oversight of the
financial markets

On 5/27/12, lew <lewcoop@aol.com> wrote:
> Bush have something to do with something?
>
> On May 27, 8:29 am, EARL DOYLE <lesjul...@gmail.com> wrote:
>> Lew, we had low interest rates, no oversight when it should been under
>> Bush
>>
>> On 5/27/12, lew <lewc...@aol.com> wrote:
>>
>>
>>
>>
>>
>> > Dear Graduates: You're Screwed!
>>
>> > Derek Hunter
>> > townhall.com
>> > May 27, 2012
>>
>> > It's graduation season, and prominent political and media figures are
>> > making the rounds to give commencement speeches at colleges across the
>> > country. The president, administration officials, progressive members
>> > of Congress, left-wing television talking heads, liberal columnists,
>> > etc., are spewing so many feel-good platitudes that you'd think doing
>> > so was an Olympic event and they were training for the gold in London.
>>
>> > The one thing missing from these speeches is reality.
>>
>> > As such, and since not even an online college has asked me to deliver
>> > a commencement address, I'll give mine here.
>>
>> > Graduates, congratulations on successfully completing college. Since I
>> > was able to do it, it can't be that hard. But it's a feat worthy of
>> > celebration nonetheless. Kudos on a job well done.
>>
>> > Now comes the bad part.
>>
>> > After the hangovers from your graduation parties fade away, the
>> > hangover of reality will set in. I hate to be the bearer of bad news,
>> > but if you rely on the mainstream media for your information, you
>> > probably haven't heard this – you're screwed.
>>
>> > In addition to the tens of thousands of dollars in student loans you
>> > now owe, your share of the national debt as a citizen is more than
>> > $50,000. Once you find a job and become one of the elite 53 percent of
>> > Americans who pay taxes, your share will jump to $138,000.
>>
>> > But don't think about that number just yet; it won't apply to about
>> > half of you for some time. You see, in President Obama's economy about
>> > half of you won't find full-time employment – or any job – for quite
>> > some time.
>>
>> > Sure, you've been hearing for months about the dropping unemployment
>> > rate and are probably thinking your prospects are looking up. Well,
>> > I'm the pin here to burst your bubble, because someone has to.
>>
>> > The rate hasn't fallen because jobs have been created. It's fallen
>> > because hundreds of thousands of people have given up looking for
>> > work. In the government's dishonest way of calculating labor
>> > statistics, these people no longer exist. In fact, not only do they
>> > exist, but the more they give up looking for work, the fewer workers
>> > we actually need. That's an even bigger problem for you, and it's one
>> > unlikely to be solved by the people who consider spending more than
>> > last year, but less than planned, to constitute a "draconian cut" in
>> > spending.
>>
>> > To those who went into practical fields of study, such as physical and
>> > computer sciences, you'll probably be all right. Those jobs are always
>> > in demand and I can't really tell you anything you either don't
>> > already know or won't be better off discovering on your own.
>>
>> > Those of you with a degree in Caribbean Pygmy, Eskimo Gender or
>> > theater studies…Yeah, that wasn't a smart move. On the bright side,
>> > you can learn early decisions have consequences, and you might as well
>> > own it because you bought it.
>>
>> > For the record, when we run into each other in the future, to make
>> > that interaction less awkward – yes, I would like fries with that.
>>
>> > Some of you will go on to accomplish great things, live amazing lives
>> > and enjoy tremendous success. With a little luck and a lot of hard
>> > work, you may even become successful enough to become the type of
>> > people many of your fellow students, professors and even our president
>> > demonize on a daily basis. It's the new American Dream, so to speak –
>> > to become successful enough your government attempts to turn your
>> > fellow Americans against you.
>>
>> > On the other hand, if government keeps spending the way it is, it's
>> > unlikely you'll ever obtain the level of success government would like
>> > to deny you.
>>
>> > But I'm not talking about the end of the world here – only the end of
>> > the civilized world. That's because, just as much of our past comes
>> > from Greece, our future lies there too – unless we start to take
>> > fiscal responsibility seriously.
>>
>> > We'll know if we are at least interested in avoiding a trip off the
>> > financial cliff on November 6. Neither candidate for president offers
>> > the sort of sanity we need. But hopefully, if we can defeat President
>> > Obama, we at least can start to get our government used to the idea of
>> > taking its medicine.
>>
>> > I know that thought isn't popular here on college campuses, but then
>> > neither is independent thought in general, so…
>>
>> > Since we now live in a culture that rewards stupidity with reality
>> > shows and everyone gets a participation ribbon, maybe the key to our
>> > economic future is to be the world's cautionary tale. I hope not.
>>
>> > Ultimately that's up to each of you. Do we pull up from our current
>> > nosedive and continue moving down the road to greatness or do we get
>> > distracted by shiny plastic objects and keep the focus on who is Kim
>> > Kardashian's husband of the week? Are we a beacon of hope for the
>> > world or people who obsess over who advanced on American Idol and fall
>> > for the false promise of candy land where birth control grows on
>> > trees, health care is magically free and where personal choices and
>> > responsibilities become rights and freebees?
>>
>> > The path paved with freebees is always the most alluring because who
>> > doesn't like free stuff? But remember – Democrats have promised you
>> > that path your whole life. And now that you've graduated college, many
>> > of you will realize it's only led you into debt and back to your
>> > parent's basement. If that's your version of Utopia…you misread the
>> > book.
>>
>> > I hate to end this speech on a down note, but as so many of your
>> > fellow graduates have joined the "Occupy movement," mostly the
>> > philosophy majors and those getting their Ph.D. in disciplines like
>> > gender and race privilege studies, and, as such, haven't showered
>> > since Republicans took back the House of Representatives, my eyes are
>> > burning and I must stop.
>>
>> > Good luck to you, good luck to us all. We're gonna need it
>>
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