Well, I've been commenting here for a long time, but I've never written a diary until now. Here goes...
There are two couples back in NC who have been my dear friends for about 30+ years. One of those couples has gone from moderately conservative to rabid Republican over the past few years. Guess it has something to with the wonderful job Bush has done running the country or something. Anyway, we have managed to preserve the friendship by simply not discussing politics. So far it's worked, mostly.
I've asked my friend not to send me the offensive political emails she sends out to her Republican friends, but once in a while she forgets to delete me off the distribution list. Today was one of those times. She sent me a PowerPoint presentation, which my husband and I have (finally!) figured out how to include in a diary. There's probably a better way, but it's the best we could figure out between us. Anyway, here's the thing. I'd like to respond to this, but I don't know enough detail about the economic situation to rebut what's in the slides.
I've tried researching the individual bullets, but I haven't found the information I need that ties it all together. It doesn't help that, despite the fact that I am NOT a stupid person, I have been unable to get my brain completely around the economic mess we're in, even after a couple of weeks of trying.
Basically, the email I received makes the case that the failure of Fanny Mae is Clinton's fault, that both Bush and McCain tried to prevent it but were stopped by Democrats, and that Dodd, Obama, Schumer, and Frank fraudently profited handsomely at the expense of American homeowners.
Sooo, I'm wondering if some of you who actually UNDERSTAND economics and know the history of how we got to where we are would be willing to enlighten me on how I can counter what's shown on the slides below?
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