I'm supporting you because i can help. If you look at my argument and facts there is a lot to the issue it's like an onion it has multiple layers to it. I'm a Realtor and mortgage broker so I know the history well and why we are where we are. 1993 was huge for bankers when Clinton signed that bill it added extra lending liquidity and created "Fiat Money" or money out of thin air because it allowed bankers to extend what they call their fractional reserve lending. For every $1 i now can lend $30 dollars. It's scary. But when they did this is helped loosen banks requirements and loans where being handed out like candy on a street. I can keep going on but basically when banks make loans to people like you and me they make money the government makes money while you and I get stuck with the bill. I can lecture on this for 2 hours if given the chance. But that is one layer to the onion that I was talking about.

Every time we go to war we lose our surplus or when our government spends more than what is brought in , the Fed doesn't mind it because they make money of the interest. So every time when congress passes a bill or ask for more money for war they are essentially giving the FED the OK to go ahead and loan us more money that we don't have. Our Government then has to turn them into bonds or treasury notes so that they can be sold on the open market with a guarantee return. That guarantee of return on top of the actual amount that someone bought the bond at has to get paid back. That's how we rack up our deficit.

Now how do we pay for all of this? Taxes! The only way that Govco. can do this is to raise taxes. With the current administration spending us into oblivion I can guarantee with absolute certainty that we will pay more taxes for just about everything in order to pay for it all.

So when the banks and government are selling these loans and banks are making billions and government is making billions on the taxes they generate, when you have banks and government making money together it will take a bubble to burst before each one of them starts pointing the finger at each other and saying that it's their fault when it's both their faults. More governments fault because they allowed them to lend like that.

Where Bush comes in and adds more gasoline to the fire is that he allowed derivatives to take part and now banks can even lend more money they don't have because now in case of default they will get paid back from the insurance they just bought in case the banks make bad loans. Thats why AIG and Leigh-mans went Bye Bye they couldn't fork up what they had insured.

I'm going to stop their because that's layer two of the the saga if I keep going I start to get frustrated because the media doesn't try to really explain this to the public. But believe me government had multiple times to stop it starting with Clinton and they chose to ignore it. But bottom line the banks get the bailouts and because of this Fiat Money which caused hyper inflation of the real estate market people who bought during this bought at a price that wasn't real and those people are the ones that are getting screwed by the banks greed and the governments greed.

You are talking about the FED which takes advantage of countries and governments and governments take advantage of the FED for the ease of creating money out of thin air. There is so much to this argument that is factual but it would take several pages to explain it. There is noway that Bush could have stopped it or even know how to. There is a really good book that Ron Paul wrote End the Fed it explains exactly why we have these bubbles and why the Fed who is the central banks are controlled by no one and answer to no one. Its funny how they are called the FED when they are not government at all they are banks.

One of the reasons why we lost our surplus is because of war. In order to pay for it we have to borrow money from the Fed to pay for it and we take a loan out for it in the billions.

The amount that we our borrowing for war fails in comparison to what the current administration wants to spend on the fiscal budget right now estimates are at 1.7 trillion a year. That number is unsustainable and we as a nation should be very concerned.

Even though we had a balanced budget during Clinton it was a by partisan Republican ran Congress with Clinton that did it. So it is possible to have two different parties in Washington and still do good things like balance the budget.