Obama's Spending a Shaky Foundation for Consumer Confidence

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President Bush tried to get bills passed that would have helped us not get into such a big financial mess. He warned Congress at least eight times that the large banks --especially Fannie Mae and Freddie Mac would be in serious trouble if they were not regulated by Congress. But everytime he warned Congress and a Republican tried to get a bill passed for the President the Democrat Leaders in House and Senate refused to act, Now we are in big trouble with a President that was put ito office largely by the influence of Liberal Media. Hillary might have been a better choice than Obama! But our country will go down hill fast with Obama's spend, spend, apend tacktics that our children and grandchildren will pay for many years from now.

Edward L. Myers of MI 9:21PM May 14, 2009

It is amazing how much scrutiny we place on spending and the economy NOW. Maybe if some of the attention had been paid during the previous administration and their 8 year reign of terror, we wouldn't need be in the mess we're in now. The Bush administration was given a blank check to do whatever they wanted. This country is so caught up in party politics, that they can't see the big picture. The Republicans can't get past the fact that they lost. They are so bent on getting the white house back that they will say and do anything. They have spent the last eight years using scare tactics to get what they want. First it was terrorism. They used that to trick us into a war that never should have started. Why didn't they ask about the needless spending that caused? What about the lack of regulation that Bush allowed to plague the housing industry? Preditory lending?? Does that ring a bell? For all the people who attack Obama and the present congress, I just have one comment. What is your VIABLE alternative. If what he is doing is, in your view, the wrong approach, then provide some options that will help everyone. NOT JUST THE TOP 10% that we've been catering to for the past 8 years.

Fed Up of GA 1:18AM May 14, 2009

As long as all the major news sources, college instructors, labor unions, etc., worship Obama and the left, the Democrats can continue to blame Bush and any conservative.

Until we have a major terror attack or those of us taxpayers, including those who voted for the Democrats, realize how our tax bills are going up, this blame game will continue.

We need to feel sorry for the younger generation who will pay for all of this and supposedly they were the one's instilled through their highschool and college faculty to vote Democratic in this last election.

I see a lot of fear in our part of the country.

Keith of NE 9:22PM May 12, 2009

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Peter Roff

Peter Roff

Peter Roff is a contributing editor at U.S. News & World Report. A former senior political writer for United Press International, he is currently a senior fellow at the Institute for Liberty and at Let Freedom Ring, a non-partisan public policy organization. His writing has also appeared on Fox News' Fox Forum.

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