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AlphaCentauri Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 11:52 AM
Original message
Ex-president Carter slams Bush on market crisis
Source: Reuters

BRUSSELS (Reuters) - Former President Jimmy Carter said on Friday the "atrocious economic policies" of the Bush administration had caused the worst global financial crisis since the Great Depression of the 1930s.

Carter told reporters on a stopover in Brussels that "profligate spending," massive borrowing and dramatic tax cuts since President George W. Bush took office in 2001 were behind the market turmoil and economic crisis.

"I think it's because of the atrocious economic policies of the Bush administration," said the 84-year-old Democrat, who served in the White House from 1977-1981 during a period of high inflation and energy crisis.

Whoever wins next month's U.S. presidential election would inherit economic problems that would force them to postpone implementing some of their proposed reforms, he said.



Read more: http://www.reuters.com/article/politicsNews/idUSTRE4993TS20081010



Changes are better implemented during harsh times
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:22 PM
Response to Original message
1. kicking it up
:kick:

I think there should be a law enacted to prevent another member of this criminal family from holding public office.
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fed_up_mother Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 12:32 PM
Response to Original message
2. Oh, please, go away Carter. We want to win
I"m old enough to have lived through the Carter malaise. Right now, people want change, and that means Obama. Don't remind them of times under Carter's presidency - another democrat. I realize most of it wasn't his fault, but for goodness' sake, get a clue!
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olddad56 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:02 PM
Response to Reply #2
3. you are over-reacting.
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Pastiche423 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:09 PM
Response to Reply #2
4. Unreal!
You put down the best ex-president our country has ever had and after he said...

"The economic situation is an entrenched problem. It is going to take years to correct what has been done economically," Carter said, adding he hoped Democrat Barrack Obama would win and immediately improve Washington's image in the world.

He was talking reality, something YOU don't seem to have a clue about.
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fed_up_mother Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:14 PM
Response to Reply #4
6. I was there. I have more than a clue.
He is bad news for swing voters old enough to remember his democratic presidency.

I agree with everything he said, by the way. I just don't want voters reminded of WHY this country chose Reagan. Ugh
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Pastiche423 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:40 PM
Response to Reply #6
12. You don't want the voters to know the truth?
I prefer to live in reality. It helps in learning life's lessons.

It sounds like you don't have much faith in your candidate. I wish everything that President Carter said would be shouted from rooftops across our country.
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:13 PM
Response to Reply #2
5. what an ignorant posting..
Carter is our GREATEST living president.
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fed_up_mother Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:15 PM
Response to Reply #5
7. He might be the greatest living ex-president
Edited on Fri Oct-10-08 01:20 PM by fed_up_mother
as far as I'm concerned (as in what he's done "post" presidency), but there are no truly "great" presidents living. None. NONE.

Bill Clinton was quite good, despite his "moderate" positions. Peace (mostly). Prosperity. And respected abroad, if not at home.
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:27 PM
Response to Reply #7
9. I was there too, and I disagree with you
I think any swing voters still left are less than useless. If they don't know who they're voting for by now then they're ignorant and incurious and probably below average in intelligence, if not downright stupid. And your fear that Carter will remind them of anything is giving them too much credit because they probably don't have a clue as to who he is. And FOX isn't going to enlighten them either.

The undecideds do not end up being the vote breakers. It's the committed who vote and who know who they're voting for who elect people. Every undecided I know personally is the same in one thing. They take great pride in thinking they're not being taken in by 'politicians'. It's all about them and their self image.
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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 03:21 PM
Response to Reply #2
14. Even John Warner said "Carter was right"
Edited on Fri Oct-10-08 03:42 PM by bananas
He said it on PBS "Science Friday" two months ago:


http://www.sciencefriday.com/blog/index.php?/archives/323-John-Warner-Jimmy-Carter-Was-Right.html

John Warner: Jimmy Carter Was Right
posted by Ira Flatow on Friday, August 1. 2008

It took 30 years, but Jimmy Carter finally has gotten recognition for the wisdom of his energy policies. Speaking on Science Friday, Senator John Warner, a Republican from Virginia who first entered the Senate during Carter's term in office, said that Jimmy Carter "was right" when he called for a massive program of energy conservation and alternative energy research.

Senator Jeff Bingaman, Democrat from New Mexico, agreed. As chairman of the Energy and Natural Resources Committee, one would expect a fellow democrat to back the former President. But I must admit I was a bit surprised to hear Warner readily agree. Jimmy Carter has a tough time being called "right" about anything in his administration, let alone from Republicans. Warner has recently discovered the threat posed by global warming through his discussions with Pentagon brass who are concerned about the submerging of Naval ports around the world as the oceans rise. Though he is late to the ball, Warner readily admitted the country was asleep at the switch for the last three decades.

However, concern for global warming is universal on Capitol Hill this week or even bi-partisan enough to extend the tax credits for the development of alternative energy sources like solar and wind. Bingaman, a champion of the credits, complained that huge alternative energy projects on the drawing boards will reamain there, if the credits are not restored. Once again, for the up-teenth time, not enough Senators voted for extension of the credits.



edit to add: I was there, too, and I remember why Carter was elected - a corrupt government, spying on civilians, etc, etc. If Carter's policies were followed in the '80s, we would have avoided Global Warming and Reagan's huge debt bubble.

edit to add: I also remember Reagan's Star Wars Spending Spree.


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vinylsolution Donating Member (807 posts) Send PM | Profile | Ignore Fri Oct-10-08 01:17 PM
Response to Original message
8. President Carter has the guts to say what needs to be said....
.... How many of our current crop of Dems are doing the same?

Right now, I can only think of one....





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Gadzooks1 Donating Member (48 posts) Send PM | Profile | Ignore Fri Oct-10-08 01:30 PM
Response to Reply #8
10. Agreed.
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Kokonoe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 01:31 PM
Response to Original message
11. Business owners of the 70's loved hyper inflation.
It was there protest against Carter, and road to ruin, 40 years late.

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riverdale Donating Member (881 posts) Send PM | Profile | Ignore Fri Oct-10-08 01:46 PM
Response to Original message
13. carter
I got a mailing from a congressional candidate this week, slamming his opponent for following the "failed energy policies of Jimmy Carter". I thought that was kind of funny; our failings have been because we did not follow Carter's energy plan.
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