Tuesday, April 29, 2014

An Update on Bush's Bogus "Ownership Society"

By Chris Rossini

On June 17, 2004, President George W. Bush dropped one of his pearls of wisdom: "...if you own something, you have a vital stake in the future of our country. The more ownership there is in America, the more vitality there is in America, and the more people have a vital stake in the future of this country."

Bush's above statement was made right in the thick of The Fed's artificial housing boom:

In perfect textbook form, government produces the exact opposite of its stated intentions. Bush's policies for making home ownership "more affordable" were nothing but fuel doused on top of The Fed's fire.

The other wing to the bird of prey was (is) just as clueless. In 2008 Obama assessed the situation like this: "George Bush called this the ownership society, but what he really meant was 'you're-on-your-own' society."


We should be so lucky to be on our own.

Here's something to keep in mind as The State continues its feast: Obama is now making healthcare "more affordable" for everyone.


Stay healthy.

Chris Rossini is on Twitter


  1. An Imperial Scam Coming to Your State Soon
    by JOHN V. WALSH

    Just weeks before Tax Day, April 15, Governor Deval Patrick, Obama’s “close friend,” signed into law a bond bill that dispenses $177 million in Massachusetts State Taxes to the Pentagon for construction and “upgrades” of U.S. military bases in the state. That’s right, not federal taxes but state taxes.

    On April 15, the federal govt. collected about $1 trillion in personal income taxes. The Pentagon will get $600 billion this year, and along with the CIA, NSA, the costs of overseas wars as in Iraq, Libya, Syria and now Ukraine, the bill for the imperial-military complex will come to about $1 trillion. Does not the war machine get enough as it swills down at the federal trough, without gouging us at the state level?

    Meanwhile cities and towns are in dire need of more state aid for schools and other crucial spending, like ravaged roads, crumbling bridges and decaying senior centers. Taxes have been raised in many cities and towns because of the lack of such funds from state coffers, further burdening the taxpayers.

    But it is worse; Massachusetts is not alone.


  2. "In perfect textbook form, government produces the exact opposite of its stated intentions. "
    True dat.
    See War on Drugs AND Poverty.
    The streets are flooded with government synthetic opium AND/OR the REAL fresh Afgan with the poverty-strickened general populance allowed JUST enough money to afford it.