Unraveling Conservative Spin

In 2001, when George W. Bush took office and Republicans controlled Congress, the budget was essentially balanced and the total national debt was about $5.8 trillion. Washington has run an annual deficit every year since. Over Bush's first six years, when Republicans controlled the White House and Congress, the debt rose by about $3.2 trillion. Over the last two years of the Bush administration, when Democrats controlled Congress, the debt rose by another $2.9 trillion. So over the eight-year Bush administration, the debt more than doubled, rising by a total of $6.1 trillion.
Obama, in his first two years, has added about $3.2 trillion more to the national debt. There are plenty of caveats. The pace of debt expansion under Obama is obviously faster, but that's due to the stimulus and to a shrinking economy that still hasn't regained all the ground lost since the recession began in late 2007. And both presidents passed programs with costs still to be tallied in the future. Still, any politician charging the other party with excessive spending could--and should!--level the same accusation at his own party. Republicans and Democrats alike are addicted to spending money they don't have.
During the housing boom, Fannie and Freddie faced political pressure to expand homeownership and competitive pressure from Wall Street to back ever-riskier loans. When the market went bust, defaults and foreclosures piled up, and the government had to take them over.
Ours is a beautiful country, but it has been taken over by men who have no respect for human rights or constitutional liberties. Our people are basically decent and caring, and our highest ideals are expressed in the Declaration of Independence, which says that all of us have an equal right to “life, liberty and the pursuit of happiness.” The history of our country is a striving against corporate robber barons and war makers, to make those ideals a reality — and all of us, of whatever age, can find immense satisfaction in becoming part of that.

Glenn Beck's points are pointless, like most of his "fact-checked" information.  The GOP hates competition from anybody and they'll ruthlessly attack any form of liberalism.  Their world would be much better if they were in control of everything, always.  Unfortunately, that is not representative Democracy.  Beck is nothing more than a corporate shill who does the bidding of the minority power-brokers, supporting their destructive methods and policies.  Glenn Beck should disappear from public life and promptly be forgotten, except that there's way too much money to be made selling his soul to the GOP.