I cannot improve upon that comment, Todd. Yet, I think Issa has it wrong. Reagan was the first to see these same results from failed laissez faire policies. The FDIC closed a record number of banks and S&Ls. Real estate prices plummeted. Unemployment figures rose... and remember those lines at the gas stations? How short our memories. Instead we now honor and revere the great Reagan when I remember those years as hard times for many.

Posted by Korinne | reply to this comment
September 30, 2008 8:07 am

How-about-it, after seven years of excluding Democrats and creating the largest and most expensive federal/state governments in the history of our County, now they claim to care about the condition of the people? After seven years of leading us into being the world’s largest debtor nation (more debt each year than all other countries of the world combined,) now they are claiming they want (and know how) to fix our problems? Here are a few hints: reverse the 2001 tax cuts for the wealthy that took our nation from a 250 billion dollar surplus to a 150 Billion dollar deficit - instantly, and remove the giveaways (corporate welfare) to big oil. Perhaps the Republicans should have thought about doing something, at some point, in those dark years that they had “ALL THE TOYS.”

Posted by Iknowtodd | reply to this comment
September 29, 2008 11:28 am

Reagan, how sad to think about the reality of his presidency. Just another Hollywood Republican who seemed to believe his opinion was more real then fact. Trickledown economics was a failure in the 1980s and it has been a failure for this last group as Big Government Republicans. Much like Reagan's boys, this last group seems-to-have more than tripled government spending and just about doubled the size or our national government in just their fist six years of having "all the toys" (look it up.) Republicans keep saying one thing and appear to be doing the exact opposite. For some seven years now, the working class has lived upon the crushing weight of the tripling cost increases of energy, housing, insurance, university tuition, and food costs – did our ‘all the toys’ Republicans care to bail-out the working - nope.

Posted by Iknowtodd | reply to this comment
September 30, 2008 9:07 am

After 8 years nurturing the anything goes, supply side, free market deregulation mess the nation now faces, Darell Issa is riding his flawed economic philosophy into political oblivion, along with George W Bush and the rest of the fundamentalist neocoms who dominate today's GOP. The economic depression yesterday's vote is creating will sweep all the conservatives out of office next year. Darrell will go down with the leaky boat. This would have never happened under Bush's father. He knew better.

Posted by Watcher | reply to this comment
September 30, 2008 9:07 am

No, I am sad to say it is more the economic reality of seven years of failed Republican economic policies haven caused the depression we been in for years than "the economic depression yesterday's vote is creating" a depression. Just think, the DOW, the S&P and the NASDAQ all well of their year 2000 highs. When was the last time a single party has such unchallenged power and control over our national government yet put into place an economic agenda, which cause this level of loss across three major markets in our country?

Posted by Iknowtodd | reply to this comment
September 30, 2008 12:49 pm

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