Barack Obama and the Economy

Well... to be delicate as I can be about it: What a crock of insufficiently educated horse shit.

Are you sure?

You are really uninformed. 

Not only in his first almost 100 days has Obama repeated many of things Bush was criticized for, but he has also broken promiss after promiss and has made very poor choices in people who are part of his administration and represent him with every speech they make. Charming is a characteristic someone from American Idol can benefit from. President Obama's job is that of the highest Administrative position in this country. When you can show me a manager, supervisor or administrator that is charming and gets the work done, then I'll take this characteristic into consideration.

Bahu, Can you name me ONE industry that is unregulated? 

Can you tell me how sub-prime lending came into existence without the Gov't regulation to do so?  Especially when considering Country wide, Fannie May and Freddie Mac?

My friend if you study you'll see that it is Gov't regulations that actually catered to this crisis than to prevent. 

Whether you consider the two major industries in shambles right now.  Auto and lending.

Bahu, where are you getting this notion?  China, Russia, Europe, and many others are telling us NOT to be doing what we are.  I don't know where you get your news but it doesn't even agree with the BBC or other international reporting sources.

I suppose you think everyone thought Obama rocked the G20 too?

Succeed in what? Funding every liberal Democrat (and some Republican) pet pork project? Are we supposed to be grateful for the middle class tax break (crumbs) for 95% of Americans, he so likes to talk about? That works out to 1.444% of the taxes I paid last year. No where near the rising cost of living. I'm sure some folks will benefit more than others, like the folks at Fanny and Freddie with their big bonuses, why should they suffer they only got us into this mess. Their are a few more, but you get my point. If it puts a smile on your face watching him turn each of your dollars into a penny, I'm happy for you. I'm not going to be be one of the remarkably large crowd of people that clap and cheer this guy on, while he and congress are dividing up your tax dollars for the good of their own agenda.

Did you every think his sleeves are rolled up to get into your pock more easily?

what a crock of shit.. the regulatory agencies didn't do their job? he was right there when the regulatory agencies decided they should do their job wrong to give housing to those who can't afford it. he built his career destroying the economy, and now he is raping its corpse by passing every pork barrel project ever.

watch this: http://www.youtube.com/watch?v=_MGT_cSi7Rs

then this: http://www.youtube.com/watch?v=ivmL-lXNy64

And then reconsider obama laying the blame on "deregulation".

I'll try to be tactful...

I think it is about time the US should listen to Europe.

Obama seems like a loose cannon compared with European governments.

obama himself said we should respect and listen to europe... of course saying and DOING are two different things.

It is extremely ironic that china and russia are advising us to be less socialist and more capitalistic.

I know, that is really ironic. I couldn't help but just start laughing when I heard that.

Btw, not to be an Obama ass kisser as Charles claimed I was, but I was browsing Politifact, and found that according to them - of the promises Obama made (or at least the ones they're keeping track of) - he's only broken 6. Does anyone have another source to support this? As far as I know politifact is a good place to go.

~Alderic

So 6 is no big deal? And here I thought Obama was to bring change to our Gov't. I continue to be amazed as to how people will give Obama a pass at anything. BTW, when someone says "not to be" that usually means they are. Just like when someone says "I don't mean to insult but", but that is exactly what they are doing and that is why they said that. You can't say something insulting and claim not to be insulting just like you cant say something to kiss Obama's but and claim not to be kissing it.

Dude, if you don't like me calling things as I see them, then grow a thicker skin. If someone is going to be an ass, or a smart ass, or a jerk - then i will call them on it.  

Besides, I was asking if it was true, because I found it interesting. Pleae, next time, take the entire thing into context, not just what you want to.Btw, you have a PM.

~Alderic

I'm a firm believer in your right to express yourself as you see fit, but I also a believe that every action has a reaction and that one should not expect others to stay quiet when ones words were meant to push back.

Maybe instead of posting something that came off as a "defense in question" of Obama, perhaps you could have stated something along the lines of "That was wrong of him". This is the reason there are so many argumemts, not debates, about Obama and the way he is doing things. because those who defend him will not except he has made a mistake, an error, a bad choice or move and instead fight back with "but Bush" or "give me a break" or "he didn't do that". Bush was bashed for 8 years for everything from mispelled words on boards he did not make, to his reaction to any kind of news, to his foul-ups when he spoke, to things that at first were said would never work but in the end it did and was still insulted by it. Now Obama is in his seat and everyone expects up to simply believe just because we should and not question anything he does just because it's only been a few months.

I'm sorry dude, but I would never wait till something bad actually happens before I point out that I though something was wrong.

You know you're in trouble when China thinks your getting too socialist.  

1. Or you could insert something that says, "This is how I'm taking what you said, but if..."

2. Oddly enough, I agree. I cannot begin to understand why those people do not find fault. However, isn't it better to take the initiative and debate, instead of arguing? It's all well and good, and easy - to point fingers at the other person. Frankly, bluntly, those people that bashed Bush - they've got the same kind elsewhere. So I agree, the bash Bush buss was stupid, and largely immature (and illogical, stupid, pointless, etc.); however, lets not start the same thing with Obama.

3. Personally, I had issues with things Bush did, but I respected the man. I didn't bash him consistantly, but neither did refrain from criticizing him.

I agree; my favorite quote is one largely attributed to Voltaire and is an epitome of his attitude. It says, "I disapprove of what you say, but I will defend to the death your right to say it." I'll stand for your right to say what you want; stupid remarks and all, but please, please use at least a little bit of wisdom. lol

The same goes for Obama. This is not a bash Obama fest. We are merely pointing out what we believe he is doing wrong but it's a bit frustrating to have people find excuses for these things rather than admit it is wrong or at least point as to why it's not.

The bow for example. Many here claimed it was no big deal, Aisians do it all the time. However Asians do it to "each other" and in many cases those in higher positions do it first. But if it was not a big deal then why did his administartion claim he was not bowing but siply trying to reach down to someone, apparently, much shorter than him? See what I mean? Then there is the promise to keep lobbyist out of his administartion, where is the outdry from those who follow him? then there is the promiss to cut pork spending and he signs the bill breaking this promis. The excuse? It was last years business. Come on, how can that possibly be an excuse?

If those who follow Obama can at least accept he has done many things wrong and broken many promises, then maybe there would be room for working together. But when you have an administartion putting out reports that Conservatives could turn terrorist while at the same time prohibiting the use of words like terrorist to describe those who use terrorist acts to harm us, one has to wonder just how much does this administration want to unite this country. Since when do you insult people as a means to unite with them?

It's one thing to give someone a chance to prove themselves, it's another to see mistake after mistake after mistake and be expected to say nothing about it.

I agree, comments without substance are worthless.

I would have to say they may have made the case simply because everyone, or damn near everyone, was making such a fuss about it. (Explainations never hurt, though people will believe what they want to believe, along with the help of the media.) Again, that's just a guess on my part. (Not a defense )

Lobbyists are a sticky issue; most don't realize there are more than just the corporate lobbyists, there are those who actually go to DC with our interests in mind. They're more than likely overshadowed and outfunded by the corporate ones, but they're there none-the-less.

I've always felt that Obama promised more than he should have. I would've been more inclined toward him if he had merely said something along the lines of, "Guys, I can make only one promise - that I will work for you and work for you every second I have." That, at least, shows some sort of awareness and understanding on his part of the magnitude of promises and to me shows a maturity. He therein keeps his credibility and integrity to an extent.

How can it be? Easily, very easily. People will believe what they want, despite whatever points are against it. We (humans) are an extremely illogical, and f**ked up people. I'm probably late to the party on realizing that; it's kind of depressing seeing irrational thinking, etc.

I've no clue how that report got out about the domestic terrorism; still though, why should it be PC? In all seriousness, I question how much control the national government has on state government. There certainly doesn't seem to be a monopoly on stupidity, lol.

Good point!

Hmm, would you mind clarifying that? I'm intrigued by it and would like to know more of your opinion and what not on it.

One man's mistake is another man's progress, just as one man's earmark is another's economic stimulus.

Pardon my language, but diversity of opinions really can be a bitch, heh.

---

As someone who wishes to enter into politics, it's unfortunate, but really the reality now days that a candidate ends up - not necessarily do they have to - breaking promises.It's all about the deal making, and a candidate may in one day trade favors to get the highest prioritized thing passed. Blegh, I hate the game, but yet I love the rolling up your sleeves and making change/progress, etc. 

~Alderic

China, for all its faults, is no where near socialist. At least not in the sense the US is heading. There are no government health system, there are no entitlement programs. I'm sure there is graft and corruption, and it might be near the amount that is in the US. If a criminal is caught, he/she can expect harsh punishment for their actions. True you can't vote, but the government is not in your face with their hand out either. Religion could be a problem, due to lack of facilities, I'm not too sure about persecution, but I didn't see any (plenty of Buddhist monks roaming around though). The cities are modern, (with all the problems of modern cities) kids wearing jeans, fast food, neon, and malls. Looks like many places you'd find here. On the surface it's as far from communist as it can be (and I am a die-hard anti-communist whose been to a few nations with this system of government). If I had to compare it, I would say it resembles 1940' or 50"s USA but without elected officials. They have a budget surplus and don;t spend more than they earn. Even home buyers save up for a home or car and pay cash. Maybe on a few issues we should listen.

Ha...hahahahah! Of course you wouldn't see it? Why would the government want you to see that? They're going to make sure you get to see all the pretty lights and tourist attractoins. Try being a Falun Gong; you're either dead, missing parts, etc. Or Christian for that matter.

Since we're on the topic of persecution and suppresio in China -- Try being Taiwanese, or Tibetan, or from East Turkestan, Uyghuristan, Xinjiang, Inner Mongolia, to an extent Manchuria, even Hong Kong. They're all areas that have people that have tried to establish their own country after oppression. In the case of Tibet, well...I'm not going there. The whole deal pisses me off.

~Alderic

Politifact is being very generous towards obama... for example, obama said "90% of guns recovered in mexico originate in the US".

Politifact says this is "half true", it claims that 1/3 of the guns recovered in mexico are suspected to be of USA origin, which are then submitted to the american tabaco and firearms beureo, which verifies that 90% of those are indeed from the US and 10% were mistakingly identified as of US origin.

1/3 * 0.9 = 30%. so in reality 30% originate in the US.

I don't see how tripling a figure is "half true", its simply NOT true.

Also a lot of the so called "stalled" and "compromises" should be broken compromises... my favorite is baraks promise to go line by line and eliminate earmarks, which he claims to have done in the stimulus bills.

http://www.politifact.com/truth-o-meter/promises/promise/512/go-line-line-over-earmarks-make-sure-money-being-s/

The most porky bills of us history...

Eliminate earmarks means eliminate them, not make them insignificant in amount compared to your other excessive spending (also there were WAYYYYYY more than a "few" earmarks in that porkulus bill, and veteran comp or powerplant construction are both not really earmarks.)

That is very generous of them, I would consider a 9000 earmark bill which he does not go line by line over (as he promised) a broken promise.

PS. what last administration? democrats took over congress in 2006, the difference is that now they have a clear majority with ability to pass laws even if a few democrats dissent, and they have a democrat president who would not veto their crap. but no, its bush's fault that obama and his administration are about to pass an even more porked bill than the last.

It gets even better - only 17% of crimes committed with weapons in Mexico can be confirmed to have involved weapons manufactured in the US.  So nearly half of that 30% (of weapons from the US) are weapons being used to defend people from the 83% of Mexican weapons used in crimes which don't originate in the US.  It doesn't take a college degree to understand that in a poor country like Mexico, inexpensive non-US weapons, which are readily available (legally & otherwise) will represent an overwhelming majority of the weapons in the country.  Why buy an AR-15 when you can have 3 or 4 AK-47's for the same price?

Moral of the story - It's a rare politician who cares about the truth.

As I said (and you chose to ignore), China is far from perfect. I'm aware of Tibet, and would like them to be independent. I'd also like to see Taiwan be recognized as an independent country. I think I have a little more insight on the matter, than your assumed "tourist's insight" reference would infer. Sure I've been there. Got met and married my wife there in fact and experience their bureaucracy first hand. My wife lived there 48 of her 49 years, She went through the Cultural Revolution and work on an "educated youth" farm. Now perhaps you can give your expert opinion on the subject after you provide your qualifiers? Or should I take your lead and assume?

I do not want to say anything about the domestic political issues as there seems to be a clear divide. However, on the economy I think Obama is spot on. He wants huge Governmental spending as that is the only known remedy for a recession on a sxcale as grand as this. Unlike, 1929, the USA is off the Gold Standard and the US $ remains the global currency of trade. This being the case the instability in the US financial markets and institutions have a global impact. Secondly, I think many are not giving enough credit to Obama for identifying the problem-lack of regulation-and his crusade for a world finacial reorganisation. His attack on Tax hacvens may not be of very graet significance to US citizens, but every corrupt third world politician has billions stached away in tax havens and in Swiss accounts. I think Obam is reight in going ater tax havens. His attemt to put main street America back in the game by giving tax breaks and college tution grants is extremely creditable. I think some must set aside their partisan points of view and see Obama in the light of what he says and achieves.

mmm, so half of those "weapons used in a crime" are used by the victim to protect himself? well we DEFINITELY don't want THAT. [/sarcasm]

but thats ok, as long as an authoratative sounding source like politifact (they even have FACT in their title!) says its only "half truth" for him to say that 90% of them come from the us, who are we to argue?