The former president made the announcement earlier today that cancer spots have been detected on his brain. Mr. Carter also said that he is “perfectly at ease with whatever comes” and that his situation is “in the hands of God.”
While doctors thought an operation performed earlier this month had removed all the cancer in Carter’s liver, an MRI scan later found four new spots of melanoma on his brain. The cancer, Carter said, “is likely to show up in other places in my body.”
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If last night was any indication, we already knew Michele Bachmann was gonna quit. In her concession speech – after pulling in only 5% of the primary votes in Iowa – Bachmann, the senator from Minnesota who was actively pursuing the presidency, told her handful of supporters that she “was not a politician.”
“I am a very real person,” Bachmann said, “I am not a politician, nor do I ever hoped or aspire to be a politician.”
Okaaaaaaay.
Bachmann then went on to tell her audience that her campaign will continue, and that her hopes were to win the New Hampshire primaries next Tuesday.
But something happened after the microphones were turned off; after the camera crew packed up and left, wondering how they got stuck with the assignment of covering a loosing politician; after her supporters went home disappointed at squandering their precious votes. That ‘something’ was that Bachmann checked her campaign purse and realized that all her campaign donations were spent. And the reality of the situation was a hard smack to the face.
So, the camera crews gathered one last time, the microphone turned back on and today, sometime after 11am, Michele Bachmann stepped up to the podium;
“Last night the people of Iowa spoke with a very clear voice and so I have decided to stand aside…I will continue fighting to defeat the president’s agenda of socialism.”
We are saddened by Michele Bachmann’s departure from the Republican presidential race. She was crazy and her antics will be sorely missed.
For instance, like the time she reported that the swine flu epidemic in the 1970’s was caused by a Democratic president, Jimmy Carter, being in the White House, when in fact, a Republican named Gerald Ford was President.
And although there are still plenty of loonies running for the Republican nomination, Bachmann was truly one of the best.
Bye-bye Michele!
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Republican Michele Bachmann thinks Jimmy Carter is responsible for the 2008 financial recession and the state of today’s economy. In a recent interview with the Wall Street Journal, the 2012 presidential hopeful was asked to explain the 2008 financial meltdown, to which she said;
“There were a lot of bad actors involved, but it started with the Community Reinvestment Act under Jimmy Carter and then the enhanced amendments that Bill Clinton made to force, in effect, banks to make loans to people who lacked creditworthiness. If you want to come down to a bottom line of ‘How did we get in the mess?’ I think it was a reduction in standards.”
Just for reference, Jimmy Carter was the 39th President of the United States, and served from 1977 to 1981 when he was succeeded by Ronald Reagan. Bill Clinton was the 42nd President – who, when he left office had created over 22 million jobs during his eight years and left a budget surplus of $127 billion, – served from 1993 to 2001 when George Bush took over. Both Jimmy Carter and Bill Clinton were Democratic presidents, and Ronald Reagan and George Bush were Republicans.
So not surprisingly, Mrs. Bachmann’s blame will be placed on last the two Democratic presidents over the last 35 years. She didn’t include Barack Obama, because he was sworn in in 2009. But are there any truths to this claim? According to an article written on Bloomberg’s Business Week back in 2008, the answer is “no”. Bachmann’s claim of putting the blame of the 2008 economic mess on Carter and Clinton and the Community Reinvestment Act is totally inaccurate. In fact, Bloomberg’s article called Bachmann’s claim, “silly.”
The Community Reinvestment Act (CRA), passed in 1977, requires banks to lend in the low-income neighborhoods where they take deposits. Just the idea that a lending crisis created from 2004 to 2007 was caused by a 1977 law is silly. But it’s even more ridiculous when you consider that most subprime loans were made by firms that aren’t subject to the CRA. University of Michigan law professor Michael Barr testified back in February before the House Committee on Financial Services that 50% of subprime loans were made by mortgage service companies not subject comprehensive federal supervision and another 30% were made by affiliates of banks or thrifts which are not subject to routine supervision or examinations. As former Fed Governor Ned Gramlich said in an August, 2007, speech shortly before he passed away: “In the subprime market where we badly need supervision, a majority of loans are made with very little supervision. It is like a city with a murder law, but no cops on the beat.”
No surprise here. Bachmann is still pushing false statements that were debunked over 3 years ago. And the fact that she didn’t include Ronald Reagan and George Bush in her blame game shows the true meaning of her claim – politics as usual.
Not only is Ronald Reagan’s trickle down economics one direct reason for what this economy is going through today, but consider the video below, George Bush’s interpretation of the Community Reinvestment Act, where he asked, in fact demanded, that home ownership be increased by millions “by the end of this decade.” George Bush even went as far as to say that everyone, regardless of their income, should be able to own a home no matter the price, saying “the first time home buyers, the low income home buyer can have just as nice a house as anybody else.”
Bachmann is trying to get your vote. She is interested in running for President of the United States in 2012. Shouldn’t Americans stand up and demand that these candidates tell the truth, no matter what the politics of the moment dictates?
Glenn Beck says everyone should “pay their fair share” – that is, those pesky middle class Americans. If you’re a millionaire who gets tons of tax cuts and tax loopholes from the Government, then Beck thinks you’re not getting enough.
The call to pay up came when Glenn Beck put his two cents in regarding the story in Wisconsin, where the Republican governor is trying to silence the unions by taking away their bargaining abilities. Governor Scott Walker suggests the reason for trying to implement these rules – which includes a requirement that public workers pay half the costs of their pensions and at least 12.6 percent of their health care coverage – is for budgetary reasons.
“You know who should be angry are not the unions [sic], the parents,” Beck laments, when talking about the teachers who left the classrooms in Wisconsin for 2 days to join the protesting.
How dare you! How dare you do this and take time off from the class rooms. Have you seen your test scores?
…. this has not gotten better as they promised under Jimmy Carter when we got the Department of Education and all they did was organize labor, organize the money, suck us dry and tell us exactly how politically correct we have to be. Its not working. And I’m sorry, it’s time for everyone to pay their fair share. To pay for some of what they receive.
Words spoken by a millionaire who, as recently as December 2010, criticized the government for wanting to allow the tax rates on himself and other millionaires and billionaires to go back to what they were under Bill Clinton – a massive increase of 3%.
Teachers, union members and other middle class Americans have been paying our fair share and some of yours too Glenn Beck, when are you going to join us and do the same?
