Ed Schultz's wife, Wendy, sadly, has ovarian cancer and Ed hasn't been on his radio or TV show in over a week. Mike Papantonio has filled in on the radio all week and I like Mike but I thought I'd listen to the Pedophile Pigboy today hoping to hear some whining about his Boy in London. But I only listened to 12:20 PM and he didn't get to that subject. No, he started out with the news of GDP growth of 1.5% in the last quarter, 4/1/12-6/30/12, which is the third quarter of FY 2012. And then he went into a hysterical rant about how the Democrats totally ruined the country with the mortgage meltdown in 2008.
Now, no one can brag about GDP growth of 1.5% but Limbaugh acts like it's the worst quarterly GDP growth rate since the Great Depression. Do you know what the GDP 'growth' rate was at the end of the first quarter (12/31/08) of FY 2009? It was negative -8.9%! And the second quarter it was negative -6.7% and the third it was negative -.7. By the end of the 4th quarter of FY 2009 (7/1/09-9/30/09) - Obama's ninth month in office - we had a positive growth rate of 1.7%. And then the first quarter of FY 2010 grew to 3.8%, the second was 3.9%, the third 3.8%, fourth 2.5% and then in the first quarter of FY2011 (10/1/10-12/31/10) it fell slightly to 2.3%. And then Republicans took control of the House of Representatives in January 2011 and that quarter GDP growth plummeted to .4% and growth has naturally - and by the plan of the House majority - slowed since.
But I would much rather talk about the Pedophile Pig's comical rant about Fannie Mae and Freddie Mac and how the mortgage meltdown happened because of Janet Reno, Bill Clinton and the Democrats.
How long did Republicans rule both Houses and who was in the White House from 2001 to 2009? Well, you obviously - and we dreadfully - know the answer to part two of that question and the answer to part one is, twelve long years, from January 1995 to January 2007.
Now how was it that Clinton and the Democrats got something passed that Republicans didn't go along with? All laws start in Congress and as we've all learned, the minority can't pass shit if the majority doesn't go along. And if things were so bad, Republicans had complete control of all bodies of government for six full years, 2001 - 2007, leading up to the housing meltdown.
And what's most comical about Pigboy's rant is something you readers here at 'done that' know all too well. Pigboy's hero, George W. Bush, was Fannie Mae and Freddie Mac's biggest fan in history. They were who he used to push his huge, "$440 billion 'Home Ownership Challenge'" program - where Bush and his rubber-stamped Republican majority in Congress were giving out taxpayer funded down-payments to low income home buyers! And that was way back in 2002 - when Democrats didn't have a lick of power. Remember George's all too well promise to give '5.5 million minority families' home loans because they ''can have just as nice a house as anybody else''? That was because George and his Republican buddies, who completely dominated all levels of our government, were going to give them subprime loans at such a great deal!
So Pigboy, you keep telling your pathetic sheep your comedy act of historical nonsense and lies and I'll keep telling them the truth so I can sit back and laugh when the little punks' heads keep exploding.
