TheBachelor 5 #1 March 3, 2009 "As the Dow keeps dropping, the President is running out of people to blame." Wall Street Journal Article: http://online.wsj.com/article/SB123604419092515347.html# I know it's blasphemous to say, but I'm getting the feeling that his standing as The Messiah might be short lived. People are going to stop drinking the Kool-Aid, and actually analyze what this guy is shoveling. Don't even waste the keystrokes trying to explain how this is Bush's fault...There are battered women? I've been eating 'em plain all of these years... Quote Share this post Link to post Share on other sites
livendive 8 #2 March 3, 2009 So what happened in September 01 was Clinton's fault, not Bush's, but what happened in February 09 was Obama's fault, not Bush's? Got it. Blues, Dave"I AM A PROFESSIONAL EXTREME ATHLETE!" (drink Mountain Dew) Quote Share this post Link to post Share on other sites
shropshire 0 #3 March 3, 2009 The problem with having the job of clearing up shit, yours or somebody elses, you still end up smelling of shit - Shropshire march 2009 Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
Andrewwhyte 1 #4 March 3, 2009 QuoteThe problem with having the job of clearing up shit, yours or somebody elses, you still end up smelling of shit - Shropshire march 2009 Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. More importantly nothing he has done or could do can possible have any noticeable effect for at least another six months or a year. The markets are freaking about the latest GNP numbers, for the quarter that ended before he was inaugurated. Quote Share this post Link to post Share on other sites
shropshire 0 #5 March 3, 2009 Indeed. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
FallingOsh 0 #6 March 3, 2009 Quote Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. True, but the $1.9T deficit is on his shoulders. At some point it's going to become his Presidency and his responsibility. -------------------------------------------------- Stay positive and love your life. Quote Share this post Link to post Share on other sites
quade 4 #7 March 3, 2009 QuoteQuote Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. True, but the $1.9T deficit is on his shoulders. At some point it's going to become his Presidency and his responsibility. Well, in about 3.5 years the voters will decide this. Even GWB, with all his fuck ups, got a second term.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
shropshire 0 #8 March 3, 2009 We haven't finished kicking the last twat to death yet .... He and many other people around the world are trying to fix a problem not of his making.... Pick on the people that caused the problems.... they are getting of scott free at the moment, often with nice big bonuses and pensions. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
SkyChimp 0 #9 March 4, 2009 I read Dick Morris' letter today and I wanted to share it with everyone...... This I hope will be an eye opener for those who thought our current president would be anything other than just an American Idol. See below DickMorris.com President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent. And soon the next shoe will drop - he'll announce that he's keeping yet another of his campaign promises: to apply the full payroll tax to all income over $250,000 a year. (Right now, the 15.3 percent Social Security tax only applies to the first $106,800 of income - you neither pay the tax on income above that, nor accumulate added benefit.) For many taxpayers in this bracket, this hike will raise their total taxes by about half. Finally, he's declaring war on investors by raising the capital-gains-tax rate to 20 percent. These increases are politically insignificant: The top 2 percent of the nation casts only about 4 percent of the votes, barely enough to attract the notice of even the most meticulous pollsters. But they have enormous economic significance. Those who earn more than $200,000 pay almost 60 percent of America's income taxes and account for a third of its total disposable income. If these spenders and investors are hunkering down, waiting for the revenuers to beat down their doors, their confidence will be anything but robust. Their spending will drop; they'll be unlikely to invest (except in new tax shelters). Franklin Roosevelt's presidency was marked by an emphasis on recovery in his first term and class warfare (which he called "reform") in his second. Campaigning for re-election in 1936, FDR famously declared, "I should like to have it said of my first administration that in it the forces of selfishness and of lust for power met their match. I would like to have it said of my second administration that in it these forces met their master." Obama seems to have skipped the first-term FDR program and jumped right into the class divisions and warfare of the second. But the president would do well to remember that Roosevelt's assault on the rich led directly to the recession of 1937-39 - when unemployment soared back up to 19 percent. (It was brought down only by World War II.) Obama must realize that his tax hikes will dampen investment and consumer spending and prolong and deepen the economy's woes - this is presumably why he's postponing most tax hikes until 2011. But taxpayers, particularly wealthy taxpayers, are not dumb: They'll know what's coming, and look to secure the hatches in advance by sitting on their money. But then, Obama must also realize that his stimulus package, with its massive growth of government, is going to kindle huge inflation in coming years. And he surely realizes that he can't expand government health insurance as massively as he intends introducing rationing of medical services. He must know, but not care. Here is a president who would rather redistribute income than create wealth. He thinks it more important to grow government than to fight inflation. He believes that it is crucial to expand health care to the young and middle aged, even if it means cutting it back for the elderly. He's more committed to effecting "broad change" in his first term than he is to winning a second one. We have a president, in short, who will stand on his principles. Unfortunately, they're bad ones. Does anyone else find it funny that we made a SPORT out of an EMERGENCY PROCEDURE?!?! Quote Share this post Link to post Share on other sites
jerryzflies 0 #10 March 4, 2009 QuoteI read Dick Morris' letter today and I wanted to share it with everyone...... This I hope will be an eye opener for those who thought our current president would be anything other than just an American Idol. See below DickMorris.com President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent. Oh cry me a river. Obama is clearing up a mess created by a president who enriched the wealthiest at the expense of everyone else, and whose policies led to the biggest economic mess in three generations.If you can't fix it with a hammer, the problem's electrical. Quote Share this post Link to post Share on other sites
loumeinhart 0 #11 March 4, 2009 Quoteat the expense of everyone else I don't get this.. can you explain? My understanding is corporate tax cuts free some capital for growth/hiring yes even purchasing labor in overseas markets in order to compete. Want to buy american? Then pay $1280 for your cell phone instead of $150. Quote Share this post Link to post Share on other sites
lawrocket 3 #12 March 4, 2009 Hmm. During his administration I went from making 18k per year to a pretty decent income. I was and am by no means "wealthy" or "the wealthiest." And yet I did okay. Oh, yeah. I fucking worked for it. I decided to enrich myself. And it seems to be working out okay. I reckoned I couldn't wait for a president to make me welathy. It's up to me. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
jerryzflies 0 #13 March 4, 2009 Quote"As the Dow keeps dropping, the President is running out of people to blame." Wall Street Journal Article: http://online.wsj.com/article/SB123604419092515347.html# I know it's blasphemous to say, but I'm getting the feeling that his standing as The Messiah might be short lived. People are going to stop drinking the Kool-Aid, and actually analyze what this guy is shoveling. Don't even waste the keystrokes trying to explain how this is Bush's fault... I seem to recall the rabid right blaming the "Clinton Recession" for all economic bad news for about 6 years into Bush's administration, but expect Obama to clear up Bush's mess in 6 weeks!If you can't fix it with a hammer, the problem's electrical. Quote Share this post Link to post Share on other sites
loumeinhart 0 #14 March 4, 2009 QuoteI reckoned I couldn't wait for a president to make me welathy. It's up to me. free market. Compete. Kill more buffalo than the next guy. If you can't kill buffalo then sharpen your skills, sharpen your spear, and spend more time on the range. The legislature can influance the market to a point but the world economy is much much bigger than any one man/president. Quote Share this post Link to post Share on other sites
jerryzflies 0 #15 March 4, 2009 QuoteHmm. During his administration I went from making 18k per year to a pretty decent income. I was and am by no means "wealthy" or "the wealthiest." And yet I did okay. Oh, yeah. I fucking worked for it. I decided to enrich myself. And it seems to be working out okay. I reckoned I couldn't wait for a president to make me welathy. It's up to me. What year did you get your law degree? And aren't you the guy who keeps telling us he has negative net wealth?If you can't fix it with a hammer, the problem's electrical. Quote Share this post Link to post Share on other sites
lawrocket 3 #16 March 4, 2009 I got my degree in 2001. And yeah, I'm still negative in the net worth. Too bad I'm a good earner. That way I cam stay in the negative for a longer time. Just to do my part so people can show I'm the bad guy. I'll put it this way - the rich haven't taken money from me. I did pay for an education and the school gabve me one. Since then I've paid more in taxes than I owe in student loans. Yay!!! My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
FallingOsh 0 #17 March 4, 2009 QuoteWe haven't finished kicking the last twat to death yet .... Kick all you want. You can even scream if you'd like. You could combine any 4 years from the Bush administration and it wouldn't equal Obama's first year of proposed deficit. Sooner or later Obama will have to take responsibility for his actions rather than blaming others. QuoteHe and many other people around the world are trying to fix a problem not of his making.... Pick on the people that caused the problems.... they are getting of scott free at the moment, often with nice big bonuses and pensions. I'm not picking on anyone. President Obama is the one in charge. It's his responsibility. If you'd like to round up the politicians who pushed botched policy, the banks who over-extended, the thousands who lived outside their means, etc. then go ahead. You're not going to find one person or one group of people responsible for the entire mess. -------------------------------------------------- Stay positive and love your life. Quote Share this post Link to post Share on other sites
Muenkel 0 #18 March 4, 2009 Morris has hit the nail on the head. Anyone who took Economics 101 should see it. I posted the following statement a few days ago. I'll post it again. "Our president is not a stupid man. He is doing catastrophically stupid things deliberately". He has an agenda. We're heading for a depression that will make the 'Great Depression' of the 30's seem like a time of prosperity. This is what he wants. It is a power grab. _________________________________________ Chris Quote Share this post Link to post Share on other sites
SkyChimp 0 #19 March 4, 2009 QuoteOh cry me a river. Obama is clearing up a mess created by a president who enriched the wealthiest at the expense of everyone else, and whose policies led to the biggest economic mess in three generations. Well you are entitled to your own opinion but I am an independent thinker my friend. I am self employed and have worked hard to network my services across the country. Lately, some of my prospects and current clients have had difficulty paying their mortgages due to certain hardships (death in family, reduction in income, divorce, medical, etc.....) and some of them have made comments about "I heard Obama is putting money aside to bail me out". I quickly made clear to them NOT to sit around and wait for uncle sam to pass out free money but rather take proactive measures to address their problems. No one will care for one's livelihood like one's self! Now I'm not sure if you know much about cash securities but when the Feds print money out of "thin air", it directly leads to inflation. It's no surprise why President Ronald Reagan warned about the dangers of leaving the Gold Standard. In close, people were doing much better before rolling the federal bailout joints and smoking them. Does anyone else find it funny that we made a SPORT out of an EMERGENCY PROCEDURE?!?! Quote Share this post Link to post Share on other sites
StreetScooby 5 #20 March 4, 2009 Quote Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. Now that Obama is actually starting to share the details of the solutions he is pushing for, it's causing wide spread concern. People are questioning whether they will fix anything. Lots of doubt right now. Don't forget that when Obama was running, he did NOT detail how he was going to produce the change everyone "wanted".We are all engines of karma Quote Share this post Link to post Share on other sites
SkyChimp 0 #21 March 4, 2009 QuoteQuote Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. Now that Obama is actually starting to share the details of the solutions he is pushing for, it's causing wide spread concern. People are questioning whether they will fix anything. Lots of doubt right now. Don't forget that when Obama was running, he did NOT detail how he was going to produce the change everyone "wanted". Your statement is perfect!!!!!!! All we heard was "CHANGE" but never the details. You know if I needed a good traveling salesman in my business, Obama would be my new hire. I remember what Senator Zell Miller from Georgia said in the 2004 RNC convention about John Kerry. "20 years of votes can tell you much more about a man than 20 weeks of campaign rhetoric." Does anyone else find it funny that we made a SPORT out of an EMERGENCY PROCEDURE?!?! Quote Share this post Link to post Share on other sites
StreetScooby 5 #22 March 4, 2009 Quote Sooner or later Obama will have to take responsibility for his actions rather than blaming others. Obama is really good at lacing ambiguity into rhetorical flourishes. That is one of his main strengths. I doubt he'll ever take personal responsibility for any havoc his policies may cause.We are all engines of karma Quote Share this post Link to post Share on other sites
StreetScooby 5 #23 March 4, 2009 Quote He has an agenda. +1We are all engines of karma Quote Share this post Link to post Share on other sites
shropshire 0 #24 March 4, 2009 QuoteQuote Give the guy a fucking break, he's only just got into post and the problem has been brewing for YEARS. Now that Obama is actually starting to share the details of the solutions he is pushing for, it's causing wide spread concern. People are questioning whether they will fix anything. Lots of doubt right now. Don't forget that when Obama was running, he did NOT detail how he was going to produce the change everyone "wanted". Now that (post) is fair enough and the actions/proposed actions should be properly analysed and debated. But until then the outpourings against OB do sound a bit like soar grapes. (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
shropshire 0 #25 March 4, 2009 QuoteQuote He has an agenda. +1 Name a politician that doesn't.... (.)Y(.) Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome Quote Share this post Link to post Share on other sites
