By Jennifer Parker

Dec 19, 2008 3:42pm

Biden: U.S. Economy in Danger of ‘Absolutely Tanking’

Vice President-Elect Joe Biden said the U.S. economy is in danger of "absolutely tanking" and will need a second stimulus package in the $600-billion to $700-billion range.

"The economy is in much worse shape than we thought it was in," Biden told me during an exclusive interview — his first since becoming vice president-elect–  to air this Sunday on "This Week with George Stephanopoulos."

"There is no short run other than keeping the economy from absolutely tanking. That’s the only short run," Biden told me.

Biden said he has canvassed  Republican and Democratic members of Congress about a second "big" and "bold" stimulus package . He said the Obama team is focused on creating jobs and spending on energy and information technology infrastructure.

"Every single person I’ve spoken to agrees with every major economist. There is going to be real significant investment, whether  it’s $600 billion or more, or $700 billion, the clear notion is, it’s a number no one thought about a year ago," he said.

The future vice president said the struggling economy will be the number one priority for the Obama Administration next year.

"The single most important thing we have to do as a new administration, to have — to be able to have impact on all of the other  things we want to do, from foreign policy to domestic policy, is we’ve  got to begin to stem this bleeding here and begin to stop the loss of  jobs in the creation of jobs," he said.

In  a wide-ranging interview  to air on Sunday, Biden  gave his most extensive explanation yet on his role in the transition, and what specifically Obama wants him to do after the inauguration.

We also discussed: 

- conversations he had with  Sen. Hillary Clinton  and President Bill Clinton about the State Department position; 

-the future of Guantanamo Bay; 

-the possible prosecution of high-ranking Bush Administration officials for their role in the prison abuse scandal;

and what he really thinks of his predecessor, Vice President Dick Cheney. 

He also has some news  on the dog front … more to come.

–George Stephanopoulos

User Comments

Ya know how comics are saying it’s giong to be dry four years for material with Obama as president. He’s too perfect, he’s too well spoken, he’s too intelligent..no material. Yeah, well, there’s always Joe. Great Joe. “absolutely tanking”. Great quote. I think Obama needs to put this man in a straight jacket for a few months until Obama can get the turn around started.

Posted by: Frank | December 19, 2008, 4:04 pm 4:04 pm

Would someone please put a muzzle on our new VP Biden? He just has a habit of saying the wrong thing at the wrong time. Yes, I am a Republican and did not vote for Senator Obama, but the new President Elect is attempting to be “positive” and then you have his running mate doing just the opposite.

Posted by: Ron | December 19, 2008, 4:09 pm 4:09 pm

Biden is a fool of the first order, how Obama chose him for VP is beyond comprehension. I fear Biden will make some irreversible errors unless he he kept in check.

Posted by: Valerie Tarantolo | December 19, 2008, 4:10 pm 4:10 pm

What a statement for the next VP of this country to make. Is he trying to make sure the economy tanks? What an idiot.

Posted by: billy bob | December 19, 2008, 4:10 pm 4:10 pm

but the politicians will always have a job however

Posted by: LongT | December 19, 2008, 4:12 pm 4:12 pm

Joe Biden isn’t breaking any news. President Elect Obama’s response to this crisis will be a major factor defining his time in office. I’m just glad an intellectual will be at the helm soon.

Posted by: Caffeine1977 | December 19, 2008, 4:17 pm 4:17 pm

Absolutely tanking…maybe, I’m sure it will happen faster if they say it often enough. You would also think that with the economy tanking, they would have stopped their raises…ehh on second thought what’s another couple million a year for the people who do SOOOOOOOOOOO much for us!

Posted by: samhiguchi | December 19, 2008, 4:18 pm 4:18 pm

Why do you think Bush and company are willing to spend $700 billion to save finance institutions and the auto industry, because the US economy is in danger of “tanking”. Do you really think neo-cons would be undertaking the drastic actions they are if the situation wasn’t worse than they’ve been telling us? Biden is simply speaking the truth, plain and simple, unvarnished truth.

Posted by: JR | December 19, 2008, 4:19 pm 4:19 pm

What scares me is that these drastic actions are being performed by a group that has shown themselves to be incompetent. They’ve screwed up everything they’ve touched in 8 years, they’ll screw this up too.

Posted by: JR | December 19, 2008, 4:20 pm 4:20 pm

i look forward seeing the interview on sunday. hell, joe biden is the only reason i voted for obama, and im a republican

Posted by: Tyler | December 19, 2008, 4:22 pm 4:22 pm

Biden’s statement was similar to Paulson’s when the 700 billion bailout was demanded. It’s certainly not the first time the alarm of a tanking economy has been sounded.

Posted by: kat | December 19, 2008, 4:22 pm 4:22 pm

We don’t think Biden tells the truth enough! We feel sure that things are a lot worse than ‘they’ are telling us and Joe is not telling it close enough to the truth! How long are we fooling ourselves (they/them) about bailing ourselves out of all of these messes? There is no such thing as ‘absolutely tanking”…we are either tanked or not tanked already! And obviously, we are ‘tanked’. Joe Biden knows more about this country and other countries than the young Polo model wanna-be can begin to know. By the way, to be clear, we aren’t bailing ourselves out!

Posted by: cat rowen | December 19, 2008, 4:24 pm 4:24 pm

We, the public, are accustomed to and in fact like a conman (the sophisticated politician), because he gives us sweet lies and offers us the moon. We do not like to know the absolute truth, because it is always bitter. Joe is telling us the truth, the whole truth, and nothing but the truth. We should, therefore, commend him for his honesty.

Posted by: narumanchi | December 19, 2008, 4:26 pm 4:26 pm

Anyone ready to vote for Bush again?

Posted by: followthelight | December 19, 2008, 4:27 pm 4:27 pm

Joe is just confirming what we all know is going to happen. It’s like not talking about the elephant in the living room. Maybe if no one mentions it, it won’t be a problem. We should all be talking about the failing economy and working together to do every thing possible to keep it from completely stalling.

Posted by: Judy | December 19, 2008, 4:31 pm 4:31 pm

For most of us it already has.

Posted by: jan | December 19, 2008, 4:31 pm 4:31 pm

He’s not being negative. He’s simply telling the truth. Hey, I prefer to be told straight up about the bad news than find out about it 4 years later, the hard way.

Posted by: steve | December 19, 2008, 4:33 pm 4:33 pm

Folks we are in trouble in this country and I don’t think we have or going to have the right people to pull us out. Obama is not the right persson. We need another Bill Clinton where nearly all the people respect him. Just not enough respect for Bush or Obama.

Posted by: barefootboy | December 19, 2008, 4:34 pm 4:34 pm

Just a thought. Is Joe saying this now, so if the economy does go into a complete depression when he and Obama are in office, he can say it was not our fault? Just wondering.

Posted by: followthelight | December 19, 2008, 4:34 pm 4:34 pm

Plagiarist-Joe’s brain aneurysm must be working overtime, again. He’s probably just trying to set-up the massive tax increases the d-crats have planned, since, as he said, “RAISING TAXES IS PATRIOTIC”.
But there are some very disturbing issues associated with the current, horribly wrong course of Washington in address the economy.
In reality, the Washington actions have set up the economy for continuing disastrous results for a long, long time. Bailout Bernanke and the feckless Fed now have accumulated over $2.2 TRILLION in debts to bailout everybody but my grandmother (her check is, apparently, in the mail) – but they REFUSE to say where the money went. (Bloomberg and other organizations have filed FOIA requests for this info- all have been turned down.)
The $700 Billion TARP has been a total failure – the money has gone principally to Wall Street pals of Paulson (who couldn’t have seen that coming?) And the marxist drug-addict plans to waste another TRILLION on “public works” – most likely monuments to himself on every street corner. And, if you can’t figure out who will actually pay for all this, your head must also be up bailout fantasy land.
What is the “bailout exit strategy”?

Posted by: ALEX H | December 19, 2008, 4:35 pm 4:35 pm

I remember when I was growing up, my uncle who was well educated and a smart business man telling me if it was in or came from Chicago, it was either tainted or was a crook. I have never been able to get that out of my head.

Posted by: barefootboy | December 19, 2008, 4:40 pm 4:40 pm

AlEX H…….If you are right about no oversight or regulations of the bailout money and where it is actually going, and Bloomberg feels the same way, are you saying no elected official of our government is honest and out for our best interests of this country?

Posted by: followthelight | December 19, 2008, 4:44 pm 4:44 pm

I’m happy to finally have a ‘Straight Shooter’. I admit it may be odd to actually believe what a person in a position such as his is saying. With quotes like this, I know he’s not blowing smoke up my arse.
I commend you Joe.

Posted by: Nick C | December 19, 2008, 4:50 pm 4:50 pm

When President Clinton left Office in 2000, our country is in surplus. Today, out economy will become worse than we think and imagine. The wrongdoers seem to hesterically trying to solve the economy debacle; BUT DID ANYONE QUESTION WHERE DO ALL THOSE MONEY GO? American people have the right to know and should follow the money trails to find out the truth and lies of the century. This is not only a criminal case of humanity, but also a treason to our beloved country.

Posted by: Sutter197 | December 19, 2008, 4:50 pm 4:50 pm

Alex H has hit the nail squarely! We won’t ever know where the $700 billion went and the next ‘packages’ are going because it is all words! Benefits?: To keep the masses sedated into delusional ignorance about (their) ability to ‘lead’ this country, to keep us from storming through the streets demanding their heads on a stick, this whole bail out language is a ‘concoction’! Public works is a ‘safe’ excuse for the next major bailout package perpetuated by the ‘marxist drug addict’ and his liars-in-chiefs, Axelrod, etc. After all, it was done back ‘then’…and by the way, did it work… back ‘then’? Answer for yourselves, class, and do your research!

Posted by: cat rowen | December 19, 2008, 4:53 pm 4:53 pm

Whats wrong with Biden? First he expects some serious disaster in 6 months of Obama taking office and now he is pessimistic about the economy. If the government cuts all spending by 50% that would include the VP’s salary and salaries of all in congress and US government and use that to pay the deficit off and to give tax breaks and credit vouchers to the middle class and to all the new businesses, I don’t think the economy will tank. The problem right now is big government spending, rewarding mismanaged companies with bail outs, the made off with billions having free reign, poor regulation of the monies being spent and the loss of confidence in Washington, Sacramento, Springfield, IL and New York’s wall street.

Posted by: gjkotw01 | December 19, 2008, 4:54 pm 4:54 pm

Biden is a moron. Could absolutely tank? It is not a matter of if but when. The economy is propped up by ponzi schemes that put Madoff’s scam look tame. Watch as 401K and pensions are taken just like Argentina. There is no money for Social Security and the people who currently receive SS are owed $52 trillion — good luck to them! The derivatives market is a heinous scam and there is 4 times the amount of money in it than exists in the world! Think about that one! Biden is a pernicious tool.

Posted by: Ford Fairlane | December 19, 2008, 4:56 pm 4:56 pm

I am afraid this country has become a Dr. Phil nation. Make money at any cost even if it degrades and destroys the reputation or semblance of self-esteem or pride of any kind. This systemic immoral conduct can be seen everywhere. Whether it’s Blago, our economy, or Iraq, or…..

Posted by: followthelight | December 19, 2008, 4:58 pm 4:58 pm

“Now that Barack Obama will be moving to the White House, his seat in the U.S. Senate representing Illinois will have to be filled. That’s one of Obama’s first priorities today. He’s meeting with Governor Rod Blagojevich this afternoon in Chicago to discuss it.”

Posted by: barefootboy | December 19, 2008, 5:06 pm 5:06 pm

Biden is a fool and a disgrace to our country. He is saying this so he will look like a hero when everything turns positive. They are sitting around praying that we ahve zero positive announcements until they get in and save us all.
He is a liar and cheater. Doesnt have the brains to think up anything on his own, probably stole this quote from talk radio in Wheeling west VA, where he should move to

Posted by: hokydad | December 19, 2008, 5:10 pm 5:10 pm

I like the straight talk from Biden. It is MUCH better than the LIES we’ve heard from Bush about how good the economy was. There’s a difference between being optimistic (as Obama is), and LYING like Bush did.
The economy IS in terrible shape and we need to solidify the mess the Republicans created in 8 short years.

Posted by: Eric | December 19, 2008, 5:12 pm 5:12 pm

You may find you can through as
much money as the United States can
print out in four years and in
the end it will have NO EFFECT!
on the outcome…..
we may be going down for the count

Posted by: Anita Yova | December 19, 2008, 5:19 pm 5:19 pm

Peter schiff and Ron Paul were right.

Posted by: Ben Straub | December 19, 2008, 5:20 pm 5:20 pm

I get this sick feeling, somewhere Bin Laden is smiling and saying, good job.

Posted by: comenow | December 19, 2008, 5:29 pm 5:29 pm

I hope when the governor goes to prison, they shave that head. He would look better.

Posted by: barefootboy | December 19, 2008, 5:30 pm 5:30 pm

barefootboy….NOOOOOO…Bubba loves a lot of hair.

Posted by: itgetsbetter | December 19, 2008, 5:35 pm 5:35 pm

Toss him some softballs George, no tough questions, or else he will take his ball and go home. maybe even cry a little.
You are really fair George, Kiss up to Obama and grill McCain during election.
Journalism?????????????

Posted by: jiimbo | December 19, 2008, 5:41 pm 5:41 pm

We sure could use all that money($3-Trillion) wasted in Iraq.

Posted by: bob | December 19, 2008, 5:43 pm 5:43 pm

Let’s face it, we had no real choices in our political campaigns, Bush had done no worse for economy after 9/11 -who could have planned for that( Yeah, I’ve heard- they already knew it was going to happen…sure)Clinton? come on, he wasn’t lying? (didn’t vote for him or Bush) the whole thing is, the pres. does not have as much control as a lot of people think, but take all the responsibility… I hate it when every one pins it on one person, or that they do in the first place. We all need to come together in these times and quit pointing fingers, and try to find solutions! Only then can we prove we are a great nation. I admit, didn’t like Obama either, but he’s here to stay, so let’s get behind him/ he’s our new leader, and only with support can we get something out of him! God Bless America, and Merry Christmas!

Posted by: Miguel | December 19, 2008, 6:01 pm 6:01 pm

“Anyone ready to vote for Bush again?”…DEAR GOD NO!!!! Get a hold of your senses, man! Joe is Joe. He’s fodder for comics. Put it this way, in anyone OTHER than Biden said this, people would worry. Joe will give us four years of eye rolls while the REALLY SMART guy is in charge. I do NOT want to return to th days when the ENTIRE WHITE HOUSE STAFF causes the eyerolls!

Posted by: mike | December 19, 2008, 6:05 pm 6:05 pm

Obama to Biden: “You know, Joe, if I need some advice on specific foriegn policy items, I’ll call ya, OK? but for now, could you just shut the f^@k up for about four years???”

Posted by: snowinglikecrazy | December 19, 2008, 6:10 pm 6:10 pm

I get this sick feeling, somewhere Bin Laden is smiling and saying, good job.
Posted by: comenow | Dec 19, 2008 5:29:45 PM
****************************************
What you said!

Posted by: Susan-1 | December 19, 2008, 6:12 pm 6:12 pm

“When President Clinton left Office in 2000, our country is in surplus”…bunch of us went out ot lunch to today were just talking about “remember the CLinton days???? What a good old time that was!!!” What a better place we’d all be in if there were no such things as an electoral college.

Posted by: joe | December 19, 2008, 6:14 pm 6:14 pm

Thanks for the cheerful news Joe Biden! Those kinds of statements sure make the holidays jollier.

Posted by: Miss Mellie | December 19, 2008, 6:17 pm 6:17 pm

Joe – my favorite part of the Clinton administration was his fine handling of Rwanda, Haiti, Sierra Leone, Somalia – those legacies live on today!

Posted by: Rudolf the reindeer | December 19, 2008, 6:19 pm 6:19 pm

It’s is going to be bad, folks. Lots of sources have been telling us for years about the housing bust and about the phony mortgages. Didja see 60 Minutes last week? Check it out online. There’s another shock coming. Here in Ohio things are bad. Jobs moving to India while the Exec’s get paid HUGE bucks. We, the People, are being screwed. We all ought to go to Washington or NYC and protest outrage at these big big bonuses the brokerage firms & banks are giving their Good Ole’ Boys. People should be out in the streets and mad as hell….

Posted by: JANE C., Springboro | December 19, 2008, 6:19 pm 6:19 pm

We should have let the south secede. They would have Palin as president, they’d be deep deep in a depression by now, at war with Iran, Iraq, Pakistan and Afghanistan. Their slaves would have revolted by now and our economy would be strong and we never would ahve been attacked on 9/11 and we’d be looking at them saying ‘it sucks to be you”

Posted by: oh if only | December 19, 2008, 6:20 pm 6:20 pm

HEY JOE…. DO US ALL A FAVOR…
Before you say anything else… STOP. Take a few precious minutes and THINK before you Speak… Jez!!!

Posted by: Squierghia74 | December 19, 2008, 6:21 pm 6:21 pm

Please really help, not just talk. Reverse the bankruptcy bill you helped pass. We need help !!!!

Posted by: Mary | December 19, 2008, 6:22 pm 6:22 pm

Here’s an idea, instead of creating new jobs, why don’t we stop issuing HB1 visas and retrain Americans to do the jobs that thousands of foreign workers do every year in this country. We could also continue cracking down on employers who hire illegal workers and crack down on the networks that supply illegal workers with stolen social security numbers (which makes it possible for them to get a job). There’s lots we can do without having to create new jobs.

Posted by: Bright light | December 19, 2008, 6:23 pm 6:23 pm

You are all being SET UP! The dems LOVE saying this kind of stuff so they can tax ‘n spend us to death for the sake of saving us. Tear off the band-aid! Let the economy “tank”, instead of wasting all this bail-out money to draw it out. You people are idiots!

Posted by: Chris | December 19, 2008, 6:26 pm 6:26 pm

Remember when he said “a major insurance company is on the verge of bankruptcy?”
He was several weeks late as it was AIG, not met life.
But he might actually be right this time around. Economy will retest Nov lows.
Lower interest rates won’t help.
Home prices have to fall further to affordable levels.

Posted by: brian | December 19, 2008, 6:26 pm 6:26 pm

What a Dodo bird…..the is Obama’s first “team” choice, God help us.

Posted by: Ken the dentist | December 19, 2008, 6:26 pm 6:26 pm

Hey Obama voters, you wanted him, well guess what, he comes with baggage, whether it be Joe Biden or the Chicago Machine “friends”. It’s going to be a long four years.

Posted by: HeyYou | December 19, 2008, 6:27 pm 6:27 pm

I’d take Biden over Obama any day. Both are ridiculous and pompous and both are certainly dishonest pols, but at least Joe’s got some grit you can respect.

Posted by: Tracy | December 19, 2008, 6:28 pm 6:28 pm

He’s an idiot.

Posted by: Rusty | December 19, 2008, 6:29 pm 6:29 pm

He was chosen for his age and number of associates in politics over the years in DC. He was “NOT” chosen for his cranial activity. Ken is right. God help us. Not Obama’s god but the Lord God Jehovah.

Posted by: Maxify55 | December 19, 2008, 6:29 pm 6:29 pm

Some of these comments that defend Biden amaze me….defending him because Bush caused this problem while Biden has been in the Senate since the early 70′s. I do not think any one in Washington including Biden get the problem. You can not solve a debt problem with more debt! Go to ChrisMartenson.com and watch the crash course…it will give you a crash course on why we are where we are – no political statements just facts….

Posted by: rukidding | December 19, 2008, 6:29 pm 6:29 pm

I am all for investigative journalism and hope the press works to hard to bring us an accurate accounting of events, especially during this critical time. But for God’s sake, do you have to print every word that comes out of Biden’s mouth? Perhaps this comment does not serve the greater good and just perhaps you should have considered keeping it to yourself, alter boy.

Posted by: John | December 19, 2008, 6:30 pm 6:30 pm

Forgetting Biden’s propensity to stick his foot in his mouth, in this case he’s absolutely correct. Way to go Joe!

Posted by: Schatboy | December 19, 2008, 6:30 pm 6:30 pm

At least he doesnt lie, and tells the truth. People complain about our current governing body lies all the time, and then complain because someone tells the truth. People get ready Jesus is coming, and you dont want to be left behind…

Posted by: nobody | December 19, 2008, 6:31 pm 6:31 pm

press box
What Kind of Plagiarist Is Joe Biden?
The unusually creepy kind.
By Jack Shafer
Posted Monday, Aug. 25, 2008, at 6:46 PM ET
——————————————————————————–
Joe Biden’s return as a vice-presidential candidate signals forgiveness—at least from Barack Obama—for having plagiarized a leading British politician during Biden’s campaign for the Democratic Party’s 1988 presidential nomination.
The Biden episode merits revisiting because as acts of plagiarism go, it was spectacular, and because it points to other dicey chapters in his life. To know Biden in full, you must appreciate his parts.
Biden’s puttering campaign for president effectively died on Sept. 13, 1987, when the New York Times’ Maureen Dowd reported that he had pinched major elements of a recent and celebrated speech by Labor Party leader Neil Kinnock. That speech, included in this May 1987 Labor Party broadcast, begins at the 7:23 mark.
But Biden didn’t merely borrow words and phrasings from Kinnock, which is a time-honored practice of candidates and their speechwriters and is almost never regarded as plagiarism. He became Kinnock, as David Greenberg writes today, claiming things about himself and his family that were untrue and that he knew to be untrue.
In his closing remarks at an Aug. 23, 1987, debate at the Iowa State Fair*, Biden said:
I started thinking as I was coming over here, why is it that Joe Biden is the first in his family ever to go to a university?
Biden then gestured to his wife and continued:
Why is it that my wife who is sitting out there in the audience is the first in her family to ever go to college? Is it because our fathers and mothers were not bright? Is it because I’m the first Biden in a thousand generations to get a college and a graduate degree that I was smarter than the rest?
Kinnock had said:
Why am I the first Kinnock in a thousand generations to be able to get to university?
Pointing to his wife, Kinnock said:
Why is Glenys the first woman in her family in a thousand generations to be able to get to university? Was it because all our predecessors were thick?
And so on and so on.
Biden quit the campaign before the month was over, erecting the strangest defense as he went out. Most plagiarists claim victimhood: The purloined material accidentally slipped into their notes or personal and professional pressure distracted them. But Biden knew from the beginning that the material and anecdotes were not his.
In a Sept. 23, 1987, MacNeil/Lehrer NewsHour appearance, Biden adviser John Marttila defended his candidate by stating that Biden “must have spoken about Kinnock in the past month and a half—I don’t know, 25, 30 times. And he failed to attribute it on two or three occasions. Most regrettably, it was that Iowa television.”
Reporters confirmed that Biden had repeatedly cited Kinnock as the source before abducting the Kinnock persona at the state fair. That didn’t make the abduction any less egregious, though. Or any less weird. For instance, Biden wasn’t the first in his family to attend college, as he claimed, conceding to E.J. Dionne Jr. in the Sept. 18, 1987, Times that ”there are Finnegans, my mother’s family, that went to college.”
Biden had similarly echoed Kinnock by saying that his “ancestors … worked the coal mines of Northeast Pennsylvania and would come up after 12 hours and play football for four hours.” He could produce no such ancestors upon request. The Times’ Dowd also found Biden lifting Kinnock’s “gestures and lyrical Welsh syntax intact,” proof of his intimacy with the source material.
The only practical explanation for Biden’s plagiarism is he guessed that being Kinnock on the stump would be more compelling for his audience than merely citing him. And he was probably right. Anecdotes about how a British politician made a success of himself thanks to Labor Party policies would hardly encourage an American voter to pull the lever for Joe Biden. Biden plagiarized because, like most plagiarists, he was unsatisfied with his own, honest material and decided that the payoff was worth the risk.
Another time-honored defense of plagiarists is that the incident was a one-off. But in Biden’s case, we know that’s not true. As E.J. Dionne Jr. reported in the previously mentioned Times article, he “plagiarized a law review article for a paper he wrote in his first year at law school” at the Syracuse University College of Law. According to a Dec. 1, 1965, report by the law school, five pages of Biden’s 15-page paper were copied without quotation or attribution.
Biden’s defense? He told Dionne—and his professors at Syracuse at the time—that he misunderstood citation and footnoting rules. The Dionne piece is especially rich with other Bidenisms. The candidate accuses other presidential campaigns of digging up the Syracuse law school story, but he does not specify which campaigns engineered this smear.
If you give Biden the benefit of the doubt—and I don’t—you’d expect that such a calamitous “mistake” from his youth would have seared into his mind the importance of keeping his mitts off of other people’s words. That it didn’t speaks terabytes about his character.
We all lie to ourselves about who we are. In my head, I replaced Al Kaline in right field, Jonas Salk in the laboratory, and Keith Richards on guitar. But most of us over the age of 12 keep an editor in our minds to prevent us from speaking those lies. If Biden lies with fluidity about the fundamentals of his life, other discoveries must await. But all will not be lost if the Obama-Biden ticket is victorious: Every administration needs a few good liars.

Posted by: hokydad | December 19, 2008, 6:32 pm 6:32 pm

Keep your mouth shut you moron!
You think this will help.

Posted by: Idiot | December 19, 2008, 6:32 pm 6:32 pm

Obama is out there trying to get things rolling before he is even in office. I feel this man is going to do alot for the common man and I am very glad he is in office. So far the dude looks like Superman.

Posted by: Suzannaquanashawn | December 19, 2008, 6:33 pm 6:33 pm

Biden is a total idiot. If the Dems get the kinds of spending and pro-union policies they have been promising, we will have a Great Depression II.
Hoover was not a lasseiz faire guy. In fact he was very active in trying to have government get us out of the Depression. That’s not how it works, as FDR’s New Deal monstrosity – which actually extended the Depression and destroyed many individual rights – showed us.
My fellow Americans, don’t be fooled. Obama, Biden, Pelosi, Reid, Dodd, Rangel, Dingel: they all want to take your money and give it to their favored constituencies.

Posted by: Willis | December 19, 2008, 6:33 pm 6:33 pm

We have Biden’s pontifications for 4 more years. Seems like 4 years already.

Posted by: Bloke | December 19, 2008, 6:34 pm 6:34 pm

Biden is 100% correct.

Posted by: Damone | December 19, 2008, 6:34 pm 6:34 pm

Well DUH, Joe. Obama’s been elected and the Democrats control Congress – of course the economy is going to tank. The last time we had a Democrat in the White House with a Democrat majority in Congress were the Carter years. Inflation. Triple digit inflation. Stagflation. No jobs. Gas lines. Tax after tax after tax after tax. You can just smell the malaise returning.

Posted by: Cass | December 19, 2008, 6:34 pm 6:34 pm

Barefoot Boy: We need Bill Clinton when nearly everyone respected him? What an idiot. Here’s who respected him: Saudi Arabians who gave him $500 million to line his coffers in the massage parlor. The guy’s a bigger thug that Blago so wise up, please.
As for Joe Biden: He’s a walking, talking sideshow. Somebody get him another Chevas.

Posted by: mj loehrer | December 19, 2008, 6:34 pm 6:34 pm

Joe Biden and the Lies About his Dead Wife
The Delaware News-Journal has published a story about the lies of one of the Vice Presidential candidates in this election season, and it isn’t Governor Sarah Palin. No, these lies are spilling forth from that toxic waste dump known as Joe “the bigot” Biden. These lies are particularly disgusting because this sow’s ass is using the death of his wife and daughter to advance his political career. The article, 1972 Crash Still Haunts Driver’s Family, begins this way:
Since his vice presidential nomination, Joe Biden’s 2007 statement that a “guy who allegedly … drank his lunch” and drove the truck that struck and killed his first wife and daughter has gained national media traction.
Alcohol didn’t play a role in the 1972 crash, investigators found. But as recently as last week, the syndicated TV show Inside Edition aired a clip from 2001 of Biden describing the accident to an audience at the University of Delaware and saying the truck driver “stopped to drink instead of drive.”
The senator’s statements don’t jibe with news and law enforcement reports from the time, which cleared driver Curtis C. Dunn, who died in 1999, of wrongdoing.
What an opportunistic pig! Not only is he lying about the circumstances that led to the end of the lives of his wife and daughter, he is trashing the good name of the poor driver, whose family is still alive and has to hear his name being maligned:
“To see it coming from [Biden's] mouth, I just burst into tears,” Dunn’s daughter, Glasgow resident Pamela Hamill, 44, said Wednesday. “My dad was always there for us. Now we feel like we should be there for him because he’s not here to defend himself.”
Biden spokesman David Wade said Wednesday that the senator “fully accepts the Dunn family’s word that these rumors were false.”
It’s unclear who first suggested alcohol was a factor in the crash, but since Barack Obama tapped Biden to be his running mate on Aug. 23, The New York Times, National Public Radio and The Economist have run stories that characterized Dunn as a drunken driver.
Such a pig! What does his spokesman mean by they fully accept that family’s word? Biden, that bigot, knows what really happened. He thought, “I’m a big time United States senator. Who’s going to stop me if I exaggerate a bit here and there?” The article further reads:
Even before Obama asked Biden to join his campaign, political observers said the senator’s gaffes could be a liability in a contest where every word will be scrutinized. Biden’s first presidential campaign 20 years ago was undone by charges he plagiarized parts of a speech by British Labor Party leader Neil Kinnock.
Asked about Biden’s accounts of the accident, Wade warned against writing anything that would “infer, paraphrase, or be anything less than precise on such a personal and tragic subject.”
After the 1972 accident, Biden never sought any records from the time of the crash, nor did he seek any further investigation, Wade said.
Even if Biden had “never sought any records from the time of the crash”, unless officers or hell, somebody, told him that the crash was caused by a drunken driver he should have never started to tell the story in such a way in the first place. Bottom line? He intended to fudge the story for his own benefit and for that, he is a scumbag

Posted by: hokydad | December 19, 2008, 6:35 pm 6:35 pm

Are we to believe Biden is an expert. Thanks for the warning idiot. Was Biden born yesterday?
Nassim Taleb says it best:
Most of the finance imbeciles [politicians]discussing the crisis (and claim to have “seen it coming” but somehow did not plan for it) are making claims on “how far it will go”, often with precise numbers of what makes sense in asset values (“Dow at xxx, recession lasting 3 quarters…”). They want a crisis that came from the misunderstanding of disorder to partake of some order –some textbook.

Posted by: TK | December 19, 2008, 6:35 pm 6:35 pm

Uhhh….ummmmm.
Well….umm…errr….uhhhh……what he….uhh…ummm….meant….
errr….uhhhh….ummmm

Posted by: Barack Obama | December 19, 2008, 6:35 pm 6:35 pm

As much you hate what joe is saying, it is obvious that it is true. Ppl want to keep on with their infinite positive attitude but the simple fact is we are in a recession and have been for quite some time. Per experts in the field it is going to last for a fairly long while and if oil goes back up here in a few months it will last even longer.

Posted by: Duane M. Navarre | December 19, 2008, 6:35 pm 6:35 pm

Tired of n i g g e r s ?
visit
N l G G E R M A N I A . C O M

Posted by: Sick of Apes | December 19, 2008, 6:36 pm 6:36 pm

Maybe it would be in the best interest of the country to pretend you didn’t do the interview…just don’t air what he said. Maybe the media could do the country a favor and ignore some of the less-than-wise talk coming from Biden.

Posted by: David | December 19, 2008, 6:36 pm 6:36 pm

One of the comments asked why Obama ever chose Biden to be his VP? The easy answer to that is that he’s Obama’s assasination insurance…

Posted by: Paul David | December 19, 2008, 6:36 pm 6:36 pm

Um..er…well said…er…TK!

Posted by: Ken the dentist | December 19, 2008, 6:36 pm 6:36 pm

Wait a minute…I thought eveything would automatically get fixed if Obama got elected? Obama was elected on the BASIS things would better, remember “hope and change”?..now we have Obama saying “It’s going to get worse” and his VP saying “Absolutely tanking”?? I am soooooo confused……

Posted by: Norino's | December 19, 2008, 6:37 pm 6:37 pm

Everyone who has bad mouthed Biden are in serious denial. Joe is probably closer to the truth than those who would wear rose-colored glasses. Admit it – the American economy IS tanking – now put your big person hat on and deal with it!

Posted by: Jeni | December 19, 2008, 6:37 pm 6:37 pm

Stoopid m*ther fvcker Biden.

Posted by: anus | December 19, 2008, 6:38 pm 6:38 pm

Here goes the “it’s worse than we thought and we can’t fulfill our campaign promise” spin. You knew they would do it. But, BEHOLD!!!! They will have it fixed in a few months and all the credit will go to the Messiah Obama!! Life will be good once again!!

Posted by: DHD | December 19, 2008, 6:38 pm 6:38 pm

This kind of talk from the VPres elect just encourages a death spiral spin of our collective state of mind.
Pity the new puppy – I can almost hear it wimpering as Joe sends out warning signals about a one-way ticket to the animal shelter when the poor dog pees on floor.

Posted by: mike h. | December 19, 2008, 6:39 pm 6:39 pm

Biden is right-this financial mess is the outcome of planning–Principals in US foreign policy under the current Bush administration (including Cheney, Rumsfeld, Wolfowitz, Perle and others) have been instrumental in developing long-running plans for worldwide military hegemony, including an invasion of the Middle East, dating back to the Ford, Reagan and Bush Sr. administrations. They reiterated these plans in the late 1990s as members of the “Project for a New American Century,” and stated a clear intent to invade Iraq for the purpose of “regime change.” After 9/11, they lost no time in their attempt to tie Iraq to the attacks.

Posted by: Laurence | December 19, 2008, 6:39 pm 6:39 pm

Only idiots call Bidden wrong!
In the past recessions the Fed lowered interest rates causing people to spend money, then factories would re-hire , ending the recession. But thanks to Bill Clinton and his trade deals , the factories are gone.
But that is OK, it made Bill Clinton a multi-millionaire!

Posted by: lyn | December 19, 2008, 6:39 pm 6:39 pm

Good Lord, what an ass…but it’s exactly what I was expecting…”the sky is falling!!”…that is, until January 20 when it will be safe to blame it all on Bush and kick off the fun and games that will hallmark the Obama Administration’s socialist agenda – an agenda that’s been on the table all along. The same questions that were there November 3 about Obama and his Chicago-marinated crew are still there and have yet to be answered

Posted by: MDWhite | December 19, 2008, 6:39 pm 6:39 pm

And by the way did anyone see this today?
With economy in shambles, Congress gets a raise
By Jordy Yager
Posted: 12/17/08 05:41 PM [ET]
A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay.
Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries, and watchdog groups are not happy about it.
“As lawmakers make a big show of forcing auto executives to accept just $1 a year in salary, they are quietly raiding the vault for their own personal gain,” said Daniel O’Connell, chairman of The Senior Citizens League (TSCL), a non-partisan group. “This money would be much better spent helping the millions of seniors who are living below the poverty line and struggling to keep their heat on this winter.”
However, at 2.8 percent, the automatic raise that lawmakers receive is only half as large as the 2009 cost of living adjustment of Social Security recipients.
Still, Steve Ellis, vice president of the budget watchdog Taxpayers for Common Sense, said Congress should have taken the rare step of freezing its pay, as lawmakers did in 2000.
“Look at the way the economy is and how most people aren’t counting on a holiday bonus or a pay raise — they’re just happy to have gainful employment,” said Ellis. “But you have the lawmakers who are set up and ready to get their next installment of a pay raise and go happily along their way.”
Member raises are often characterized as examples of wasteful spending, especially when many constituents and businesses in members’ districts are in financial despair.
Rep. Harry Mitchell, a first-term Democrat from Arizona, sponsored legislation earlier this year that would have prevented the automatic pay adjustments from kicking in for members next year. But the bill, which attracted 34 cosponsors, failed to make it out of committee.
“They don’t even go through the front door. They have it set up so that it’s wired so that you actually have to undo the pay raise rather than vote for a pay raise,” Ellis said.
Freezing congressional salaries is hardly a new idea on Capitol Hill.
Lawmakers have floated similar proposals in every year dating back to 1995, and long before that. Though the concept of forgoing a raise has attracted some support from more senior members, it is most popular with freshman lawmakers, who are often most vulnerable.
In 2006, after the Republican-led Senate rejected an increase to the minimum wage, Democrats, who had just come to power in the House with a slew of freshmen, vowed to block their own pay raise until the wage increase was passed. The minimum wage was eventually increased and lawmakers received their automatic pay hike.
In the beginning days of 1789, Congress was paid only $6 a day, which would be about $75 daily by modern standards. But by 1965 members were receiving $30,000 a year, which is the modern equivalent of about $195,000.
Currently the average lawmaker makes $169,300 a year, with leadership making slightly more. House Speaker Nancy Pelosi (D-Calif.) makes $217,400, while the minority and majority leaders in the House and Senate make $188,100.
Ellis said that while freezing the pay increase would be a step in the right direction, it would be better to have it set up so that members would have to take action, and vote, for a pay raise and deal with the consequences, rather than get one automatically.
“It is probably never going to be politically popular to raise Congress’s salary,” he said. “I don’t think you’re going to find taxpayers saying, ‘Yeah I think I should pay my congressman more’.”

Posted by: TK | December 19, 2008, 6:40 pm 6:40 pm

For those who are looking forward to an ‘intellectual’ being in the white house… what evidence do you have of that? gimme a break – he chose Biden, – now he’s going to be listening to Powell too (the guy who convinced the U.N. that invading Iraq was a great idea.) – besides that – some of the most destructive, evil regimes in history were started on the basis of ‘intellectuals’ ideas – re: pol pot, stalin, lenin, etc..
get over yourselves – obama’s a man – a human being – albeit one with very, very little experience and even more limited world view outside his cloisered set of inbred fellow ‘intellectuals’

Posted by: Albert | December 19, 2008, 6:40 pm 6:40 pm

It’s at times like this that all I can say is I voted for Sarah Palin. Those of you who voted for Obama/Biden got what you wanted, likely what you deserve, but you harmed everyone in doing so, not just yourselves. So what have you done to us? Just ask Biden. I’m sure he’ll have a unique and interesting answer.

Posted by: John Campbell | December 19, 2008, 6:40 pm 6:40 pm

This guy hasn’t been right about anything in 24 years. Hell, he probably won’t even shoot anyone…

Posted by: Dean Nardello | December 19, 2008, 6:40 pm 6:40 pm

Your hands are tied, people. Everyone is in debt up to their eyeballs with mortgages and credit cards. You have no choice but to surrender to the dark side. Wealth, which most politicians and friends possess, is now out of your reach. The plan is to eliminate the lower class by way of lowering the middle class to its same ranks and then redefining it. It’s the new democratic way. Haven’t you noticed that everytime there is something inheritly wrong with something, whether it be crimes or patriotism, the Dems don’t fix it? They instead redefine it so that it is no longer considered wrong. This eliminates their guilt. It is one big continuous lie they tell you, so that you will submit and weaken your position. While all the time, they teach and tell their own children otherwise. It doesn’t matter ~ it’s too late anyway. You have no options.

Posted by: steve in k.c. | December 19, 2008, 6:41 pm 6:41 pm

abolish the federal reserve and confiscate all members assets worldwide

Posted by: I saw it coming | December 19, 2008, 6:42 pm 6:42 pm

Laurence,
Yea but, I understood the world would automatically and immediately love the US again if Obama was elected, and all the hate and animosity against the US would vanish??

Posted by: Norino's | December 19, 2008, 6:42 pm 6:42 pm

For anyone still in denial, here a few hard facts – it is going to get worse, much much much much worse. The fed has dropped rates under 1% and there is not much furhter to go. Listen to what we are being told, “we have to get banks lending again.” That is like saying, “We need to keep pumping gas into that burning gas station so that the tanks are full when the fire is out.” Until the gov’t realizes that what it needs to do is issue a moritorium on lending, encourage people to pay down debt, and save – not invest, which is your 401k – but SAVE, as in put cash in banks, we are not going to see the light of day. They also have to let go of the notion that GM and/or Chrysler can’t go bankrupt. They already are bankrupt (technically), and letting them go will allow others (see, Tesla) acquire their employees and facilities cheaply, and usher in a genuine new model. We cannot forget that Capitalism without bankruptcy is like religion without hell. It just doesn’t work.

Posted by: Don't Like Joe, Do like truth | December 19, 2008, 6:42 pm 6:42 pm

The incoming Secretary of State Ms. Billary, has taken so many bribes ($500,000,000.00 and counting) from foreign governments it is virtually impossible for Obama to negotiate any trade agreement favorable to the America public. The DC political power structure is hand-cuffing Obama in front of our very eyes. It will take a politician that has not been neutered to speak up and not be afraid to tell the truth. Good luck Mr. Biden, you are really the only hope America has for the next 4 years.

Posted by: Eugene Walcott | December 19, 2008, 6:43 pm 6:43 pm

Well, JOE….how about Congress not taking the big multi-million dollar raise it just gave itself, and how about the Congress reducing its expenses 50% to show leadership, including giving up all limos and private jet services….YOU KNOW, like congress told the auto manufacturers??????????
How about massive cut back on all congressional spending projects, and zero balancing the operating budgets??
How about asking IRAQ to pay for our troops to protect them until we go home…or pay us in free oil….huh??
JOE BIDEN….how about YOU DO SOMETHING other than wringing your stupid hands like ALL THE POLITICIANS….YOU PEOPLE BROUGHT THIS CRAP ON WITH YOUR LACK OF CONTROL OVER FANNIE AND FREDDIE AND FORCING AUTOMAKERS TO SATIFY THE TREE HUGGERS AND UNION WORKERS DEMANDS.
HOW ABOUT ALL LOBBY MONEY GOES TO THE EXPENSES OF THE GOVERNMENT, AND NO CAMPAIGN EXPENSES ALLOWED OVER $50,000 PER OFFICE SEEKER.
OK JOE…SOUND GOOD TO YOU??
THAT IS POSITIVE ACTION….NOT LIMP WRINGING HANDS WHICH WE ALL KNOW IS DEMOCRAT SPEAK FOR…..WE WON’T BE ABLE TO DO ANYTHING BUY THROW LOTS AND LOTS OF TAXPAYERS MONEY AT EVERYTHING AND SEE IF ANYONE SMILES?????

Posted by: rufus | December 19, 2008, 6:43 pm 6:43 pm

Bush has had a bad rap. Congress more than the the Administration has to bear responsibility for where we are. Bush has had to deal with a critical press and actions of Congress that approach treason.
We must all remeber that there is no such thing as Bush’s or Obama’s failure. A so called “failed presidency” is a failure of and to us. The blame game doesn’t help anyone.

Posted by: Bigdon1 | December 19, 2008, 6:44 pm 6:44 pm

Biden is just telling the truth that the Bush/Cheney sociopathic dream machine has been lying about for years. Anyone here ever read the “Economist” or the “Finanacial Times”? Won’t get the truth from OUR corporate media. What DID happen to those disappearing palettes of money dropped into Iraq?
The billions syphoned into the pockets of the already super-rich in their McPalaces in Dubai?

Posted by: Totto | December 19, 2008, 6:45 pm 6:45 pm

The congress spends every dime. THE Congress has been RUN by the dems for the last TWO YEARS. (fannie and all).
Wake up people. OBAMA better save us from our own pathetic congress. Biden is compatent but has some kind of cosmetic surgery problem going on. The press has to take his picture at some special angle. When was the last time he was even shown on TV. Wake up folks,,,,you got the michael jackson freak show going on here.

Posted by: Nowlookyhere | December 19, 2008, 6:46 pm 6:46 pm

Hope and change! Say it ain’t so, Joe?

Posted by: Aaron Burr | December 19, 2008, 6:46 pm 6:46 pm

“I’m just glad an intellectual will be at the helm soon.”
You are an idiot. An intellectual who has never even run a lemonade stand, and couldn’t even if he tried.
We are screwed come 1-20-09!!

Posted by: John | December 19, 2008, 6:46 pm 6:46 pm

The Federal Reserve is a privately held entity based on fraud and practicing massive fraud against the populus of the United States. the criminals should all be behind bars!

Posted by: der Wahrheit | December 19, 2008, 6:46 pm 6:46 pm

It’s tanking and our elected officials have no idea of how to get us out of it. When will this country wake up and realize that our congress couldn’t run a lemonade stand. And we’re trusting them to do the fix?

Posted by: Scout | December 19, 2008, 6:46 pm 6:46 pm

An Alternative to Capitalism?
The following link, takes you to a “utopian” article, entitled “Home of the Brave?” which I wrote and appeared in the Athenaeum Library of Philosophy:
http://evans-experientialism.freewebspace.com/steinsvold.htm
John Steinsvold

Posted by: John Steinsvold | December 19, 2008, 6:47 pm 6:47 pm

I wish some of the manufacturing would return to the United States. We just had another incident with a product made in China by Evenflo. The products sent us are life threatening. And I’m truly concerned about a possibility that some products are purposely laced with minute traces of other elements that could slowly deteriorate one’s cognitive ability-thereby making us less likely to be competitive and innovative for future generations to come. Who’s minding the shop?

Posted by: t42 | December 19, 2008, 6:48 pm 6:48 pm

Just when you thought it was safe to have a real vice president again (theme from Jaws) duhh nuhh…..duhh nuhh nuhh nuhhh aaaaagh

Posted by: Joe Clay | December 19, 2008, 6:48 pm 6:48 pm

George,
Biden is an ass for making these thoughtless statements and YOU are a bigger ass for putting them in print!

Posted by: F. Lee | December 19, 2008, 6:48 pm 6:48 pm

Are country is crumbling because we spent beyond our means and our new leaders tell us the best thing we can do is spend more money…THESE PEOPLE ARE TRULY INSANE!
I just want to thank all of you Obama supporters out there for electing this freakin’ moron to the Presidency. You have signed our nation’s death warrant. Well done!

Posted by: Robert Marley | December 19, 2008, 6:48 pm 6:48 pm

Geeze.
After 8 years of being lied to all the time, some people get so upset when someone dares to speak the truth.
Yes, the econimic thightrope we’re walking has gotten a lot thinner in the last 3 months.
The lemmings and sheep that infested the stock markets have done nobody any good.
Both Congress AND ‘The Administration’ have been clueless about the whole mess.
Too few clues. Too little back bone.
Too much ideaology and dogma.
We The People get screwed.

Posted by: doug | December 19, 2008, 6:49 pm 6:49 pm

People better get ready. these clwons are setting us up for marshal law. time is short and obama_nation is at hand!
Ah the ahh oh and if

Posted by: we_R_screwed | December 19, 2008, 6:49 pm 6:49 pm

hokydad – that’s rather disturbing. Why didn’t we hear that story during the election – it could have effected the entire outcome.

Posted by: Dismayed voter | December 19, 2008, 6:50 pm 6:50 pm

Is he saying the conservative states that acted responsibly with their money must bail out the liberal states that acted irresponsibly?
THE DEMOCRAT CONGRESS VOTED ITSELF A RAISE. Could they be more insulting to the citizens of this country?
We want change in government but we keep voting for the same crooks over and over again. VOTE THEM OUT OF OFFICE NEXT TIME!

Posted by: Robert | December 19, 2008, 6:50 pm 6:50 pm

If Biden is a fool, what does that make Obama?
The liberal socialists are placing scare tactics on Americans, so they can do whatever the hell they want with our money.
It’s time for the media to do its job instead of coddling to Obama and Biden.

Posted by: Jenny C. | December 19, 2008, 6:50 pm 6:50 pm

Great Depression #2 – Only it will be MUCH worse this time, as too many no longer have families to turn to – thank you feminism psychos. At least Biden has the gall to tell the truth – remember that he has now seen what we will not see (until the US economy does completely collapse). Unfortunately, most American’s are clueless, uneducated (in reality & common sense) morons that deserve to finally feel the effects of stupid government + stupid masses (of people) = the cesspool that America is about ready to become.

Posted by: Kevin | December 19, 2008, 6:51 pm 6:51 pm

NEWS FLASH:
There are Politicians of Mass Destruction all over Washington DC.
I propose we treat all of Washington like we did Bagdad, and bomb it until the dictators are all dead and then we can go in and establish freedom and democracy for the common American like it was intended before the Washington Elite crowd took over.
Any state not in support of the full mission, may go secceed and take care of your own damn people…that includes California, Vermont, and Michigan…and any other rust belt union state that needs a bail out…..you may bail out of the USA airplane and hit the breeze, bud.
AMERICA FOR AMERICANS….not for illegals, union bosses, or for greedy politicians or for cheating finance wall street bankers.

Posted by: RUFUS | December 19, 2008, 6:51 pm 6:51 pm

The pity of this is that all this “stimulus” is like solving a crack addiction by giving the person crystal methanphetamine. It is exactly the wrong thing to do. Keynesianism is exactly the wrong medicine, but governments never seem to resist its lure because 1) it makes them look like they are “doing something” and 2) it tremendously expands the size of government (thereby reducing liberty and economic freedom in proportionate measure).
It should be obvious to any reasoning person that what is needed now is lower taxes and drastically lower government spending. In other words, let the free market work things out and let all this debt overhang get marked down in its good time. You don’t solve this by creating more debt, debasing the dollar, raising taxes–all the methods that are currently being considered, in other words. Bet you anything Obama is going to disastrously exacerbate an already-horrible situation, but the whole thing will be blamed on Bush.

Posted by: Nelson H | December 19, 2008, 6:51 pm 6:51 pm

Joe Biden ought to be put in house arrest with Bernie Madoff.
As a senator he and his mouth were a joke. As VP, his mouth is potentially dangerous.
If anybody thinks Biden is speaking for Obama, this kind of talk can undo us all.

Posted by: Robert Chandler | December 19, 2008, 6:51 pm 6:51 pm

yep doug, the democrats have been BSing us for years. they still are and they will continue.

Posted by: we_R_screwed_A | December 19, 2008, 6:52 pm 6:52 pm

YAY!!! SOCIALISM IS AWESOME!!! IT DIDN’T WORK BEFORE, BUT MAYBE IT WILL THIS TIME!!!!

Posted by: freedomisdead | December 19, 2008, 6:52 pm 6:52 pm

What a wonderful gift BHO gave us to have Joe Biden now speaking on the world’s stage.
Folks – it’s only to get better watching & listening to him putting his two left feet into his mouth.

Posted by: Joe | December 19, 2008, 6:52 pm 6:52 pm

Biden is an animal that should have been neutered at birth. Obama is an animal that never should have been born. To qoute the bard of Broad Street ” All the homeboys on my block think I’m queer as a bat.Tomorrow I might not be so queer but they’ll all still be black”. I think sums up our executive branch elect fairly well.

Posted by: jay | December 19, 2008, 6:53 pm 6:53 pm

What is so sad is we are in the mess we are in because of Congress. In a just society they would be put on trial and prosecuted. Case and point Barney Frank. This man should be removed from his position and put on trial. There are others. And they should all pay. George Bush. Hillary Clinton. Both sides of the fence. These are all crooks, and we are prisoners in their game.
Enough bailouts. Let the economy tank. And let every Senator and Congressmen who sat idly by raking in their own little cash kitties get out of our government. First thing we need is reality check. Leave it alone and let the chips fall where they may.
But honestly enough of the partisan crap. Everyone is to blame. And we the people most of all for electing, and electing and electing the same losers.

Posted by: robert Repenning | December 19, 2008, 6:53 pm 6:53 pm

Shoot the messenger. Biden is simply stating a fact. Some on here would rather he finesse and B.S. people so they can continue to fleece them.
Lenders made loans they should not have, Credit-rating agencies gave AAA ratings to nasty mortgages and then sold them, Clinton and a Republican dominated congress in 1999 repealed the depression era Glass-Steagall Act, which deregulated the markets, making all kinds of chicanery possible, Democrats Dodd and Frank pushed for bad home loans, Greenspan didn’t bother to advocate greater regulation of derivatives, SEC regulators didn’t regulate…. my guess is some at the top knew the house of cards was collapsing, and decided to fatten up by hook or crook to insulate themselves doing the upcoming lean times they knew were coming and didn’t bother to inform the rest of us.
Biden should be applauded for speaking the truth.

Posted by: St. Louis, Misery | December 19, 2008, 6:53 pm 6:53 pm

Let me explain, Bill Clinton is and always was a Republican, he was seen welded at the hip to old man Bush for years and passed Bush’s NAFTA deal.
Bill even hired Carla Hill ,Bush’s chief trade negotiator before passing all those trade deals. The BIG one was giving Communist China “most favored nation status”, knocking down the tariffs causing all the good paying factories to leave this country!
You can’t buy houses or new cars on a Walmart wage!
Bill Clinton is the modern day Benedict Arnold for selling out the middle class that elected him!

Posted by: lyn | December 19, 2008, 6:53 pm 6:53 pm

Easy way to fix this …
VOTE SOMEBODY ELSE
You fools argue Dem vs Repub when in truth
THEY ARE BOTH SCREWING US
They crap on our constitution, give away TRILLIONS of our tax dollars to their cronies, and continue to lie & deceive.
And still you say
“I have to vote Dem or Repub or I’m wasting my vote”.
The only way you are wasting your vote is if you vote for someone who YOU KNOW is going to continue screwing YOU and YOUR COUNTRY.

Posted by: Tab_Ohio | December 19, 2008, 6:54 pm 6:54 pm

Sacrificing virgins would be just as effective.

Posted by: Erkki | December 19, 2008, 6:54 pm 6:54 pm

http://www.craigsteiner.us/articles/16
re the clinton surplus
sorry kids, it was smoke and mirrors.
You need to learn read and listen. You are following the wrong party

Posted by: roserazzle | December 19, 2008, 6:55 pm 6:55 pm

And to take a excerpt from Jimmi Hendrix……
“Hey Joe………Where you going with that Gun in Your Hand?……”

Posted by: Doug Russell | December 19, 2008, 6:55 pm 6:55 pm

Ya know… it took almost a year for the government to admit that we are in a recession, even though EVERYONE else in the country knew it. Either our government officials (Congress/President/Fed) are really REALLY stupid, or they spent a year lying to us.
Either way, it doesn’t give me any faith in Washington. I wish Pres-elect Obama and VP-elect Biden well. They have a really tough road to travel, but I can’t help but think this… Same seats, different asses.

Posted by: Merry | December 19, 2008, 6:56 pm 6:56 pm

Job one is mandating U.S. automakers to retool to produce plug in hybrids acting like a tax break over the long run as hybrids become widely adopted and oil demand naturally decreases.
Much more room to tax petroleum also with a national energy policy that promotes conservation and allows for a firm grip on OPEC members testicles if they ever try to manipulate the price back up to $150 again.

Posted by: patiencepays | December 19, 2008, 6:56 pm 6:56 pm

THIS IS WHAT HAPPENS WHEN YOU PUT A DRUNKEN INCOMPETENT FRAT BOY IN CHARGE FOR 8 YEARS.
DEAL WITH IT, YOU LOSERS!

Posted by: CYNICAL_ME | December 19, 2008, 6:58 pm 6:58 pm

This is what happens when the tallest pygmy becomes President.
Hope and change. Can you feel it?

Posted by: Ted | December 19, 2008, 6:58 pm 6:58 pm

Great news from Bozo The Clown!
This deserves a celebration, let’s triple the raises congress has given themselves! They truly deserve it.

Posted by: dealio | December 19, 2008, 6:58 pm 6:58 pm

Because the economy is a magic happy cloud and if you just lie to people and say things are great it’ll get better right people?
RIGHT PEOPLE?!?!?!?!!?!??!
What a bunch of idiots.

Posted by: walk0nwalls | December 19, 2008, 6:59 pm 6:59 pm

Get ready America. we’ve been listening to this blowhard here in delaware for a long time. Now it’s everbody’s turn. I see he didn’t mention that since the economy is going to tank he would consider foregoing his automatic VP salary increase. I wonder if all of his canvassing did he ask any of them if they were going to forgo their automatic pay raises this year.I urge you all regardless of you politcal prference to check this pay raise out it is happening and they DO NOT deserve it.

Posted by: formerdemocrat | December 19, 2008, 6:59 pm 6:59 pm

Wonderful Joe ! And while this genius spreads gloom and fear, our politicians in Washington just voted themselves a raise.
Now let’s take a look at how this works.
The American people say no Wall street bailout, and Washington gives Wallstreet the money!!!
More and more Americans are loosing their jobs and homes, and Washington gives themself a raise!!!
It’s time we vote out all of these clowns and put some people in there that will serve the country.

Posted by: I. Maaden | December 19, 2008, 6:59 pm 6:59 pm

Obama,Biden,Dodd and their fellow idiot Barney Franks are to blame for this economic collapse. We had 52 straight months of Job Growth in this country. Then, thanks to Dodd, Franks and, yes, Obama, the subprime industry crashed the economy.
You can’t blame Bush. He warned Obama,Dodd, Franks, Biden and the other Democrats.
The Bush administration pushed for reforms to the regulation dating back to 2001.
Dodd, along with his the dem’s substance lacking PR stunt Obama were the main two in putting a block on the needed reform in the Senate. So it did not get to pass.
And who was it that took more money in political donations from Fannie and Freddie than anybody else???
ANSWER: Dodd, Obama, Franks.
In 2003 when the White House screamed that there was a subprime problem, Barney Franks said it was not true and worked against reforms that would have prevented this. No wonder why, his lover boy was a Fannie Freddie leader.
So the facts are there. Bush warned for years that the subprime was a problem. And the evidence shows that Obama, Dodd, Franks, along with their lying twit Biden….BLOCKED NEEDED REFORMS.
Obama can’t scream about regulators…WHEN HE STOPPED THEM FROM DOING THE NEEDED JOB.

Posted by: dougman08 | December 19, 2008, 6:59 pm 6:59 pm

Perhaps we need someone to tell us the truth instead of using “positive talk” to prop up a failed financial system. We’ve been screwed. Take our lumps and start over.
WAKE UP AMERICA!!!

Posted by: tom | December 19, 2008, 7:00 pm 7:00 pm

Joe’s right. For many of us including myself, the economy has “absolutely tanked.” Tell that to the millions out of work and they agree. Tell that to people who are bankrupt due to a health crisis. Tell that to people who have to choose between health care and food. Tell that to people who have lost their homes. Tell that to children who are asking Santa for essentials instead of toys. They’ll all agree with Joe there.
The media likes to make Biden up to be this fool who is always putting his foot in his mouth. During the campaign, he made one “gaffe” (saying that we will be tested) and it’s treated like a foot in the mouth. What about the feet in his opponents mouth. Biden knows what the VP’s role should be (unlike his opponent and the current VP) and he could name a specific newspaper that he reads.
Would you rather have a VP who tells the truth that millions already know, or a VP who confesses to war crimes on national television. I’d take Biden over Cheney any day.

Posted by: Caroline | December 19, 2008, 7:00 pm 7:00 pm

Joe’s right. For many of us including myself, the economy has “absolutely tanked.” Tell that to the millions out of work and they agree. Tell that to people who are bankrupt due to a health crisis. Tell that to people who have to choose between health care and food. Tell that to people who have lost their homes. Tell that to children who are asking Santa for essentials instead of toys. They’ll all agree with Joe there.
The media likes to make Biden up to be this fool who is always putting his foot in his mouth. During the campaign, he made one “gaffe” (saying that we will be tested) and it’s treated like a foot in the mouth. What about the feet in his opponents mouth. Biden knows what the VP’s role should be (unlike his opponent and the current VP) and he could name a specific newspaper that he reads.
Would you rather have a VP who tells the truth that millions already know, or a VP who confesses to war crimes on national television. I’d take Biden over Cheney any day.

Posted by: Caroline | December 19, 2008, 7:00 pm 7:00 pm

To Hokydad:
He stated that things have been bad for the past 8 years. First off, Bush took over in a recession. 2nd, 911. He better take another look. Things were fine until 2 years ago. Guess what happened? That’s right, the Democrats took control of congress. It’s been downhill ever since. The scary thing is, Pelosi, Reid, Kennedy, Frank, et al, are the ones who are going to bail us out. RIGHT!

Posted by: IdiotJoe | December 19, 2008, 7:02 pm 7:02 pm

Biden, your job is to support your President in actions AND demeanor. You are just a ticking bomb. To use language like this just brings up memories of Jimmy Carter and his blaming of the economy on the American people. Talk optimistic and the people will start to see the light at the end of the tunnel. Talk pessimistic, and they’ll hoard cash and plunge us further into a deep Recession and you’ll have your self-fulfilling prophesy.

Posted by: boB | December 19, 2008, 7:03 pm 7:03 pm

What a maroon.
Everybody already knows we’re in trouble, Joe. But to hear it alarmingly announced by a so-called National Leader, will only incite panic and further hemorrhaging.

Posted by: A.J. | December 19, 2008, 7:04 pm 7:04 pm

Wise up.
All politicians look for existing parades to jump in front of and then claim credit.
Joe wants there to be no mistake that the problems they inherit are clearly not of their doing… but the solution is all of their doing. That’s politics. The campaign for 2012 is already underway.
(The Clinton approach is to rewrite history, then claim credit.)

Posted by: Gorgon '08 | December 19, 2008, 7:05 pm 7:05 pm

Joe Biden is realistic.
The MSM that typically feeds America propaganda on behalf of the central banks is the real problem with America.
The propaganda that fed and encouraged people to imagine the economy could tolerate sub-prime loans, obscure bank derivatives that Warren Buffett said were financially toxic is to blame.
Joe Biden’s comments are a bit of fresh air to blow out all the smoking propaganda bs.
America’ future depends on telling the truth. The propaganda from the central banks is the problem.
The banks are intentionally creating a situation where people will suddenly be surprised with a drop in the economy like an elevator, resulting in riots. They want to then declare martial law and mass arrest the country putting everyone in FEMA camps.
Joe Biden’s warning at leasst preparesto withstand the catastropic financial down fall that is unavoidable with $460 trillion in toxic derivatives, whereas;
the GDP was something like $65 trillion.
Thanks Joe.

Posted by: Archarito | December 19, 2008, 7:05 pm 7:05 pm

I agree with those who commented about bin Laden. At this point I don’t believe we can look to government for help, except in keeping foreigners from taking our jobs and getting welfare benefits. We all have to do the best we can to stop wasting money and to get government to stop wasting money. Everyone needs to plant a garden. Start planning it now.

Posted by: Connie | December 19, 2008, 7:05 pm 7:05 pm

I HAVE A VERY SIMPLE & LOGICAL QUESTION…..JUST EXACTLY WHERE IS ALL THIS ‘BAIL-OUT’ MONEY COMING FROM??
AND WHERE DOES IT ALL END?? WHEN WE RUN OUT OF GOLD TO SUPPORT OUR $$$??
JUST HOW FAR DOWN IN THE ‘HOLE’ ARE WE NOW?? THE PEOPLE RESPONSIBLE FOR THIS ‘MESS’, SHOULD BE IN ORANGE JUMPSUITS & SHACKLES, WAITING TO BE TRIED FOR ‘CRIMES OF FRAUD’ AGAINST THE USA!!
WHERE DOES Mr.’CHANGE’ THINK HE IS GOING TO GET THE MONEY FOR ALL THOSE PRE-ELECTION PROMISES, THAT WERE MADE??
THIS IS WHY A ‘LOT OF CITIZENS’ DON’T BOTHER TO VOTE ANYMORE….THE SYSTEM IS CORRUPT & ALWAYS WILL BE!!
CHICAGO IS AN ABSOLUTE DISGRACE TO THE REPUTATION OF THIS ONCE GREAT NATION!! THE WORLD MUST BE SHAKING IT’S COLLECTIVE HEAD, ABOUT THE STATE OF AFFAIRS IN AMERICA!!
AND WE HAVE THE **NERVE** TO PREACH TO OTHER NATIONS, ABOUT HOW TO CONDUCT ‘THEIR AFFAIRS’!!

Posted by: MAKE MY DAY | December 19, 2008, 7:05 pm 7:05 pm

ABOLISH THE FEDERAL RESERVE YOU FOOL

Posted by: mike | December 19, 2008, 7:06 pm 7:06 pm

Biden unfortunately has no filter over his mouth. He says the first thing he thinks.
If his addled brain says, “Its bad out there Joe” he repeats it verbatim.
He will be amazing comic relief for the next 4 years.

Posted by: Bruce | December 19, 2008, 7:06 pm 7:06 pm

Excuse me…but where do people think another “$600 to $700 billion” comes from? How does the government stimulate the economy? This is just shifting money around without addressing the real problem – and what happens then?
We pay again for it – with higher taxes when it has failed.
Please, please people…don’t make this a partisan issue. Where is the common sense?
And Joe is right. I don’t mind that he is saying this. I mind very much what he intends to advocate doing about it.

Posted by: Tari | December 19, 2008, 7:07 pm 7:07 pm

For several months I have been advocating a massive DEBT restructuring that would include the entire world. I simplified how to do this in three steps. First just make a list to include the debtor, debt-holder and a bank to administer it. The second step would be to just create enough FIAT money to pay all the debt and third authorizing the Central Banks of the entire world to make an accounting adjustment crediting the debtor and paying the debt-holder.
Review it here: http://allencharlesreport.blogspot.com/2008/11/worldwide-debt-is-problem_28.html
If done worldwide the currency values among the various currencies would adjust too different
values for inflation, I suspect America has the largest total debt of any country in the world so the dollar might weaken in value the most. If the US Dollar does devalue then we would be much more able to compete with the rest of the world.
To restate what I am REALLY ADVOCATING I am advocating the Federal Reserve be told to create NEW FIAT MONEY in an amount equal to ALL debt now held in America and using it to zero out ALL the debt. If this occurred, the US dollar would be revalued downward closer to the real value of our labor etc. compared with the rest of the world. If this was done all the SO-CALLED BAILOUTS going on would be unnecessary because no debt would exist.
Allen Charles
http://allencharlesreport.blogspot.com/

Posted by: Allen Charles | December 19, 2008, 7:08 pm 7:08 pm

Reagan = 2 trillion $ debt
Bush = 4 trillion $ debt
Clinton = 5.7 trillion $ debt
W = 12 trillion $ debt Plus over 4,000 dead military men and women!
A trillion = 1,000 billion !
Bill Clinton never left office with a surplus!

Posted by: lyn | December 19, 2008, 7:09 pm 7:09 pm

I find all the posts saying the economy is going to tank because Democrats now control the country, which party controlled the country for 6 years which set us on this course in the first place? I’ll give you a hint, it wasn’t the Democrats. Nevertheless, we shouldn’t trust either party. Parties need to be done away with all together. The only platform that needs to be ran on is what is best for the American people, not what is best for lobbyists and the religious right.

Posted by: Caleb | December 19, 2008, 7:09 pm 7:09 pm

To Hokydad:
He stated that things have been bad for the past 8 years. First off, Bush took over in a recession. 2nd, 911. He better take another look. Things were fine until 2 years ago. Guess what happened? That’s right, the Democrats took control of congress. It’s been downhill ever since. The scary thing is, Pelosi, Reid, Kennedy, Frank, et al, are the ones who are going to bail us out. RIGHT!
—————–
Yeah and Obama wants us to be just like Kenya where he was born. He want to see our children hungry like them. That the reason I see him as a one term president.

Posted by: barefootboy | December 19, 2008, 7:10 pm 7:10 pm

Way to give the United States citizens some confidence in our well being, Joe, you frickin’ doofus.

Posted by: Harvey F | December 19, 2008, 7:10 pm 7:10 pm

God grant those who are called by your Holy Name the grace to withstand the coming hardship and want. In Christ’s name, Amen

Posted by: Dann | December 19, 2008, 7:12 pm 7:12 pm

Bush turns this country into a big steaming pile of feces, and all you conservatives who live in pathological denial blame the messenger for telling it straight up. Biden is only being honest and giving you the hard cold facts. Just keep living in your deluded world and fail to open your eyes and some day when your dumpster diving you might finally get it.

Posted by: WishingForABetterWorld | December 19, 2008, 7:12 pm 7:12 pm

It’s sad to see Republicans blaming Democrats only, and Democrats blaming Republicans only. It’s actually the leadership on both sides of the isle.
Don’t get all your news from one source – especially just the one that reinforces your views. You understand best when you listen or read the best the other side has to offer.
For starters, in addition to ABC News, read the Wall Street Journal news, USA Today, and the online British newspapers world news sections – such as The Independent, Telepgraph, and Times Online. You will gain diverse perspectives. You have to synthesize the different sources, seeing facts that some omit, before you even begin to analyze. Don’t go on information overload – just go for the best sources.
Try it – you’ll like it.

Posted by: Don in Missouri | December 19, 2008, 7:12 pm 7:12 pm

Biden is such MORONIC blowhard. To coin a phrase, “Somewhere in Delaware, a village has lost its idiot”. Why isn’t the MSM all over this fool>?

Posted by: bobster | December 19, 2008, 7:13 pm 7:13 pm

OH NO – the economy is going to tank and only Obama can save us! Oh what a miricale these socialists can pull off.

Posted by: D. Marshall | December 19, 2008, 7:13 pm 7:13 pm

Not only do we have Biden to look forward to but we have our President Elect who spends more time creating presidential seals to placate his ego but when the going gets rough he passes.
The next four years of “I’ll get back to you later on that.”

Posted by: Allat | December 19, 2008, 7:13 pm 7:13 pm

Exactly WHAT does Obama want Regular Guy Joe Biden to do as Veep? Perhaps he should become the official Clarion of Doom.

Posted by: Sigmonde | December 19, 2008, 7:13 pm 7:13 pm

Gee, Joe, you and the Dems have run the Senate and the House for two years and you didn’t see this coming? IDIOTS, ALL OF YOU IN WASHINGTON ARE IDIOTS!

Posted by: Thateldoo | December 19, 2008, 7:14 pm 7:14 pm

Pray we survive the next 4 years as I am afraid the nation our kids will inherit will resemble the one portrayed in the “Road Warrior.”
When was the last time cutting taxes and Democrat were in the same sentence? What economic books do these Socialists (Bush and the president select Obama)read?

Posted by: Paul | December 19, 2008, 7:14 pm 7:14 pm

Joe’s right. For many of us including myself, the economy has “absolutely tanked.” Tell that to the millions out of work and they agree. – posted by Caroline.
I know it’s scary when people are losing their jobs, but the unemployment rate right now is only 6.7 percent – that’s still lower then it was in 1993 (6.9) or 1992 (7.5) or 1982 (9.2). For several years, until recently, we were blessed with low unemployment, and the job market will rebound again if politicians stop telling us the sky is falling. For the job market to rebound we need to strengthen business – not scare people.

Posted by: Keep it real | December 19, 2008, 7:14 pm 7:14 pm

Bush turns this country into a big steaming pile of feces, and all you conservatives who live in pathological denial blame the messenger for telling it straight up. Biden is only being honest and giving you the hard cold facts. Just keep living in your deluded world and fail to open your eyes and some day when your dumpster diving you might finally get it.
Posted by: WishingForABetterWorld
====================
Man you have lost it. We were OK till we voted in democrats 2 years ago. Now they will bankrupt us.

Posted by: barefootboy | December 19, 2008, 7:15 pm 7:15 pm

Maybe people should think about this, the bailout is a total scam! Ask yourselves why is it a scam and why was it started.

Posted by: kittycat77 | December 19, 2008, 7:15 pm 7:15 pm

This guy is going to cause problems every time he opens his mouth. Economy tanking, what a joke. Somebody tell him he is supposed to inspire.

Posted by: GloomBoom.comg | December 19, 2008, 7:16 pm 7:16 pm

Typical Americans. Hire a black guy to come in and clean up all the garbage the last president left behind.
Thanks Bush!

Posted by: Mark | December 19, 2008, 7:16 pm 7:16 pm

Why is it that a year ago the common man/woman on the street knew we were having an issue with the economy. Yet only last week “W” finally got the message. Now today another political nitwit and his new boss are on the band wagon , agreeing we’re in trouble. When a high ranking sports team goes on the skids the coach always say’s” WE HAVE TO GET BACK TO THE BASICS “. WHITE HOUSE,CONGRESS …IS THIS CLEAR ENOUGH FOR YOU. WE HAVE START MAKING THINGS IN THE USA. Invest in factories so we can put our people to work …………..except Ford, Chevy and Chrysler. Oh and by the way make the jobs NON-UNION that way makes it easier to get rid of the deadwood.

Posted by: Al | December 19, 2008, 7:16 pm 7:16 pm

Fear! Fear! Fear! Thanks for the psi(psych)-ops Joe Biden…
“THEY” are dividing us to conquer us!
“I’m mad as Hell, and I’m not gonna take it anymore”

Posted by: GeBs | December 19, 2008, 7:17 pm 7:17 pm

America has become a nation over-running with undesirables. The USA is simply being revalued to reflect it demographics that are representative of Africa and third-world countries in the Caribbean, central-America, and Mexico. Each of those places are third-world sewers because of the kinds of people who live there. Now that they’ve reached critical mass in the USA… well, look around.

Posted by: John | December 19, 2008, 7:17 pm 7:17 pm

Here’s a tip: Maybe we wouldn’t need a stimulus from the government (our tax dollars), if they’ cut taxes. Save the red tape and beauracracy. Nothing stimulates the economy more than getting Uncle Sam’s greedy hands out of our pockets.

Posted by: O-no | December 19, 2008, 7:17 pm 7:17 pm

keep it real——you are so right, it’s been a scare tactic to get the first 700 billion, as it was said it has to be NOW. But that didn’t help, did it? NO, and now BO can’t wait to sell us out by spending the other half, plus another 800 billion?????

Posted by: Thateldoo | December 19, 2008, 7:18 pm 7:18 pm

Hey bonehead “barefoot” boy you’ve lost it we are bankrupt! It just you have had your head buried deep in the sand and you failed to get that memo. Pathetic just pathetic.

Posted by: WishingForABetterWorld | December 19, 2008, 7:18 pm 7:18 pm

If the economy is tanking then why did 535 Congress members get pay raises this week? Some even up to $5,000 a month and they are all millionaires. And don’t forget the millions that are going to be spent for the inauguration. Did they tell us they were looking out for us or themselves? I forgot.
All the people responsible for the economic mess are back in Washington except for Jimmy Carter. Maybe Congress has a plan to spend more money this country doesn’t have and if everything tanks, don’t tell me, Bush did it. The “Bush did it” line has worked for democrats the past 8 years. To hell with our country, our troops or our president. Democrats are angels and Bush is just a bad, bad man. Have you noticed the attack dogs can only sniff out republicans? Think about the difference in the media coverage Sarah Palin, Joe the Plumber and Carolina Kennedy receive. Then there was Enron and now there is Murdoff. Did you know Murdoff is a democrat? Fox News may have mentioned it once or twice. Well Enron scammed $32 billion dollars and Murdoff scammed $50 billion dollars. I guess the attack dogs can rest now, since democrats are in control.

Posted by: debbie | December 19, 2008, 7:18 pm 7:18 pm

Let it ALL fail then we will start over and these IDIOTS will not be part of the real rebuild.
REVOLT now and take USA back to the working people.

Posted by: Real American | December 19, 2008, 7:19 pm 7:19 pm

30 years of GOP deregulation and greed — with the crucial aid of the corporate Democrats (Bill Clinton, Chuckie Schumer, especially) — have absolutely destroyed this nation’s economy. Cheap Chinese crap have replaced good jobs; exotic Greenspanian financial “instruments” have replaced sound financial planning; K-Street corporate lobbyists have replaced intelligent economic policies. Bring back the guillotine.

Posted by: Henry Blankett | December 19, 2008, 7:19 pm 7:19 pm

This nation will never be a great nation again till we get our factories back.
We should go back to the 1950s taxes and tariffs or all is lost!
It is still in the books just enforce it!
Or you can just let your little kids lick their lead tainted fingers from those toys we get from Communist China.
If we ever get into a big war with Communist China, maybe they will make our solders uniforms and weapons for us!

Posted by: lyn | December 19, 2008, 7:20 pm 7:20 pm

Time to read Francisco’s Money Speech from “Atlas Shrugged” and see just how similar it is to what is happening RIGHT NOW in our country:
“When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter.
“Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed. Money is so noble a medium that is does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.”
Read the whole speech here:
http://www.capmag.com/article.asp?ID=1826

Posted by: Mike | December 19, 2008, 7:20 pm 7:20 pm

From 2009 on it’s all Democrat control – and the Dems favorite tactic of blaming Bush and Republicans will fall on deaf ears. But this Biden comment sounds like more talking down the economy so as to set a lower standard for their term and give them cover for when they really mess things up. I thought Obama was going to create millions of ADDITIONAL new jobs? It was a center piece of his campaign.

Posted by: Will | December 19, 2008, 7:22 pm 7:22 pm

After January 20, 2009, you will never see Mr. Biden again. He will be a trivia question in 20 years.

Posted by: doodsnapul | December 19, 2008, 7:22 pm 7:22 pm

Everything has an ebb and flow, back and forth etc.
After 20 years, or so, of trickle DOWN economics, now we need a trickle UP economics.
The “bailout” should have gone to the taxpayers, who would then pay off their bills and strengthen the financial institutions. BUT,……NOoooooo!
Congress gives this money to institutions that have raised the credit scores needed for loans and that helps no one. Duh!
They should have given it to the taxpayers that gave them the money in the first place.

Posted by: Searchin4Truth | December 19, 2008, 7:23 pm 7:23 pm

someone posted: “Ya know how comics are saying it’s giong [sic] to be [a] dry four years for material with Obama as president. He’s too perfect…(blah..blah)
—-
uh-uh..if one really..uh..uh.. listens..and..uh..thinks.. one would..uh.. come to the.. uh..uh..conclusion.. that comics..will have no..uh..uh problem with material..

Posted by: aw | December 19, 2008, 7:23 pm 7:23 pm

Two comments have made me laugh. One..when someone called Obama an intellectual and even more laughable anyone watching abc news and expecting to get fair and balanced reporting.

Posted by: harrycallahan | December 19, 2008, 7:23 pm 7:23 pm

You people don’t get it! Biden is obviously saying this stuff on purpose. He’s trying to protect Obama against assasination. : )

Posted by: Bruno | December 19, 2008, 7:25 pm 7:25 pm

the economy “tanking?”
Say it aint so Joe. Now that BO is prez ‘I won’t have to worry about paying my mortgage or buying my gas or food, Obama is going to save us.’ Sound familiar? We have noting to worry about, didn’t you know?

Posted by: MC EVANS | December 19, 2008, 7:25 pm 7:25 pm

I guess people have forgotten that the Democrats have controlled congress for several years, and blocked significant economic changes that republicans asked for. I guess the Democrats having being fed by the union hand are now going to lose the monster, and money it created.
Joe Biden is just repeating somebody elses words and facts, something he is famous for.
Side bar–if Obama gets in trouble in the Illinois governor scandal, lord help us if we wake up to President Biden. Obama is bad enough, Biden is worse. Will he travel to Pakistan and wonder why there are no mini marts there.

Posted by: DOnald | December 19, 2008, 7:26 pm 7:26 pm

Regular Joe thinks throwing money at a problem will make things better. Especially if it’s not his money he’s throwing. What cuts in government spending/programs are we hearing about from Obama and Biden? Nada, huh? As Obubba would say, stay tuned.

Posted by: Sigmonde | December 19, 2008, 7:27 pm 7:27 pm

Oh yeah, and these two (Stephanopolous and Biden) are playing from the same globalist playbook… a Bilderberger member and a CFR member…read up on it…
and these are the guys that are shaping our perceptions?

Posted by: GeBs | December 19, 2008, 7:27 pm 7:27 pm

Now the Mayors want hand-outs too! One mayor in Bell Gardens, CA wants funds for and ENERGY project. He wants to build a running track, made from recycled tires, and lighted by ENERGY EFFICIENT LED LIGHTS! I’m telling you right now, THIS GREEN STUFF HAS GOTTEN OUT OF HAND! But BHO will save the day, and give out cash to these JOB MAKING PROJECTS, yes, building the running track will creat 15 jobs, until the construction company is finished and then the 15 people will be laid-off again! Go to Citizens Against Government Waste and see how rediculouse the 2.5 million job creation is going to be!

Posted by: Thateldoo | December 19, 2008, 7:28 pm 7:28 pm

There sure are a lot of ignorant people with their heads in the sand, from the comments being made here. If you all would stop watching TV and start reading and using the net, you would know how much trouble we are in. Be concerned about your next paycheck and pay attention to the real world – we’ve been lied to for too long.

Posted by: thomasj | December 19, 2008, 7:28 pm 7:28 pm

As long as pro-economic-establishment stooges like Larry Kudlow of CNBC and Tyler Cowen of George Mason University continue to have a prominent place in the media, the American people will always be hoodwinked. Get rid of the media shills for deregulation and phony “free” trade B.S.

Posted by: Reg | December 19, 2008, 7:29 pm 7:29 pm

Half of the first bailout is still unspent, and Biden is already pitching another $700 BILLION using fear tactics. Right after Congress votes themselves a raise.
My fellow taxpayers, hang on to your wallets, your chidren’s wallets an your grandchidren’s wallets and just say NO! This is power politics at any cost.

Posted by: Roger | December 19, 2008, 7:29 pm 7:29 pm

Hmmmm, I thought that BO was elected so that everything would be perfect and everyone would be happy. After all, he is the messiah. Guess you people who voted for him were duped, what a surprise. I am shocked by that surprise.

Posted by: BG | December 19, 2008, 7:30 pm 7:30 pm

aw——I ahh just ahhh love ahhh ahhh what you ahhh said ahhh and ahhh you are ahhhh so ahhh correct!

Posted by: Thateldoo | December 19, 2008, 7:31 pm 7:31 pm

lyn: China, makes our American flags

Posted by: t42 | December 19, 2008, 7:31 pm 7:31 pm

One way to stop the greed of those greedy CEOs and board members is to go back to the bracketing taxes that went up to 91 percent on the dollar. WE should go after the money these people put in the banks in the Cayman Island file cabinets!
Elvis was in that bracket and still gave away CADILLACS!

Posted by: lyn | December 19, 2008, 7:31 pm 7:31 pm

Funny Joe, I thought the democrats talked up the bad economy and created the recession to begin with just so they could win the election. Now that they have the power they want to make sure you know how bad it is so you wont blame them if they can’t save us.

Posted by: moo | December 19, 2008, 7:32 pm 7:32 pm

Atta way to encourage the people of the united states and speed the recovery – Biden – you complete and utter idiot.

Posted by: Darrel | December 19, 2008, 7:32 pm 7:32 pm

Where do we get the money for all these stimulus programs ? Our national debt is costing us a half trillion dollars a year in interest . Now we talk of &700 billion in stimulus packages, another trillion dollars again and what more will our idiots in our so called government leaders throw at the problem . No one in their right mind lend money to a bankrupt borrower. When the middle East,China and other countries who hate our guts say no more. Than we will continue to print more money on top of the counterfeits printted in the middle east, Asia and Russia.
In Germany after word war 1 , Printed money where each bill was in the millions inste of one mark..Iam 82 years old and remember the golden years of our once great nation .
God Help us (Whoops,we cannot mention God)
Andrew

Posted by: ajm | December 19, 2008, 7:33 pm 7:33 pm

Where do we get the money for all these stimulus programs ? Our national debt is costing us a half trillion dollars a year in interest . Now we talk of &700 billion in stimulus packages, another trillion dollars again and what more will our idiots in our so called government leaders throw at the problem . No one in their right mind lend money to a bankrupt borrower. When the middle East,China and other countries who hate our guts say no more. Than we will continue to print more money on top of the counterfeits printted in the middle east, Asia and Russia.
In Germany after word war 1 , Printed money where each bill was in the millions inste of one mark..Iam 82 years old and remember the golden years of our once great nation .
God Help us (Whoops,we cannot mention God)
Andrew

Posted by: ajm | December 19, 2008, 7:33 pm 7:33 pm

The more money goes through the filter of government, and gets redistributed to those who contributed to Obama’s record campaign-funds, the bigger the danger that the economy will eventually tank. That money is value produced by taxpayers, and wasted on failing companies and useless bureaucracy by the government.
Another 700 billion in favors plus the trillion Obama is talking about for “broadband to every kid” might just do it.

Posted by: Jake | December 19, 2008, 7:33 pm 7:33 pm

I don’t why liberals are crying about the tanking economy. A depression would be their dream come true. They cry about the disparity between rich and poor…well, soon everyone will be poor. They cry about rampant consumerism…well, consumerism is withering on the vine. They despise the automobile industry…well, pretty soon we won’t have one for them worry about anymore. Soon, everyoen will eb poor and starving and totally dependent on the government. It’ll be the utopia that liberals have always wanted.

Posted by: Larry | December 19, 2008, 7:34 pm 7:34 pm

And this week congress has a new pay raise, $4700 dollars per year.
How about them apples, Biden – you fool?

Posted by: Darrel | December 19, 2008, 7:35 pm 7:35 pm

lol

Posted by: jesse | December 19, 2008, 7:35 pm 7:35 pm

Biden needs to keep his mouth shut. The more the media & the politicians cry about how horrible it is and how horrible it will be, people take it to heart & it becomes a self-fulfilling prophecy. Start being positive!!!! Things will turn around much faster!

Posted by: ellsbells930 | December 19, 2008, 7:36 pm 7:36 pm

someone wrote: “They [congress] should have given it to the taxpayers that gave them the money in the first place.”

uhh..do you..have a money tree?..i think the taxpayer’s money comes from the economy, which is driven by entrepreneurial initiatives of investment and reward..which employs people, who become taxpayers..
if you have a money tree..then i can understand your statement..

Posted by: aw | December 19, 2008, 7:37 pm 7:37 pm

Well, for the one who hates the South, we are much better off than the rest of you in this country. We don’t have much trouble with the Unions ruining companyies. And, I just read where Texas has the 10th largest economy in the world. And, I might add, we are in a recession down here and probablly won’t go into one. We are supposed the weather the storm just fine. There’s money to borrow and jobs to be had.

Posted by: Mockingbird | December 19, 2008, 7:38 pm 7:38 pm

At this point I would vote for Bush again. At least he has the balls to make tough decisions, and move forward. With Obama at the helm, I fear for this nation. We are about to get socked with a 1 trillion dollar “New” New Deal. Wake up America!

Posted by: Darek | December 19, 2008, 7:38 pm 7:38 pm

It appears all our politicians are breaking out in glee over 600 BILLION in taxpayer money they get to use to buy campaign contributions and influence. The scramble will be which politicians gets to send the most billions to the people that send him the most campaign money.

Posted by: mary | December 19, 2008, 7:39 pm 7:39 pm

WELL WELCOME TO CHANGE, How’s it feel when all the real taxpayers and money producers in America decide to quit?
We will not support Socialism and the Democrats and the Media forced Obama down our throats, NOW LIVE WITH IT!
WELCOME TO YOUR CHANGE; IT’S CALLED:
DEPRESSION,DUH!

Posted by: PETE | December 19, 2008, 7:39 pm 7:39 pm

WELL WELCOME TO CHANGE, How’s it feel when all the real taxpayers and money producers in America decide to quit?
We will not support Socialism and the Democrats and the Media forced Obama down our throats, NOW LIVE WITH IT!
WELCOME TO YOUR CHANGE; IT’S CALLED:
DEPRESSION,DUH!

Posted by: PETE | December 19, 2008, 7:39 pm 7:39 pm

We are currently in a DEPRESSION!!!!!!!!
We have already hit rock bottom!!!!!!

Posted by: sisterdearest09 | December 19, 2008, 7:40 pm 7:40 pm

When I read these posts…I begin to understand why this country is in the shape that its in. If only ignorance could be bottled up and sold.

Posted by: Wow | December 19, 2008, 7:40 pm 7:40 pm

“It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first.”
“Our federal tax system is, in short, utterly impossible, utterly unjust and completely counterproductive, [it] reeks with injustice and is fundamentally un-American… it has earned a rebellion and it’s time we rebelled.”
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.”
Ronald Wilson Reagan

Posted by: Chicago_Thug | December 19, 2008, 7:42 pm 7:42 pm

These clowns think that borrowing 600-700 billion(printing $$) and by just calling it an investment will somehow help the economy. Good Lord! It’s going to be a long 4 years….

Posted by: danjonglee | December 19, 2008, 7:42 pm 7:42 pm

Barack here ready to offer up some hope. Hope we can believe in… oh, ah, I mean change we can believe in. My little act is about to wear out… Can’t a president just talk for 4 years? I mean it’s just not fair that I might have to make some decisions. Oh I got it! I’m going to raise your taxes, oh, that didn’t work, I’m going to reduce your taxes… cool more votes. Oh yes, I’m already elected. What the hell am I support to do now? (Pssst: Bush can you hang around out back for a while… I might need some help.)

Posted by: Obama | December 19, 2008, 7:44 pm 7:44 pm

HEAR HEAR..a poster’ comment: _Biden needs to keep his mouth shut. The more the media & the politicians cry about how horrible it is and how horrible it will be, people take it to heart & it becomes a self-fulfilling prophecy. Start being positive!!!! Things will turn around much faster!”
—-
O-Pe-Re (and Biden. the shill) wants america to fear dread..cry..for nanny..for the government to help, help , help … which becomes…uh..uh socialism….

Posted by: aw | December 19, 2008, 7:44 pm 7:44 pm

And the Democrotches want you to keep that in mind. They want you to be as miserable as you can be. Then, they preach class warfare, and demonize people who have anything at all. Then you will covet all that the “rich” people have, and they they will delare martial law, and lo and behold, we have a totalitarian regime! Merry Christmas!!!

Posted by: William | December 19, 2008, 7:44 pm 7:44 pm

I never have a clue what Biden is talking about. He has a history of flying off in any direction he conjures up and usually without much regard as to its validity.

Posted by: CW | December 19, 2008, 7:44 pm 7:44 pm

Hey Chicago_Thug, please don’t malign prostitutes by comparing them to politicians.

Posted by: GuyInCT | December 19, 2008, 7:44 pm 7:44 pm

Go Joe! Thank God we have politicians in the White House who are fearless enough to be straight with us. There isn’t a thing Biden said that Wall Street and the American consumer doesn’t know already.
Remember the 2004 election? Kerry got slammed for not being “optimistic” enough. Our nation needed realists, and at last we’ve got a couple.

Posted by: Johnny | December 19, 2008, 7:45 pm 7:45 pm

How does a government that is already trillions in debt think it can just print trillions more as a rescue plan? Morons. Biden is right, and if the economy ‘tanks’, it will be because of the thieves in Washington. Both parties are looking us square in the eye, both arms up to the elbow in the public cookie jar, telling us how much all our money is ‘helping’. Only they will need some more next month, or next week. But don’t dare ask where it’s getting spent. Heh. Helping themselves and their friends to every last dime in the public treasury before it all hits the fan is more like it. Thieves, nothing but thieves, every last one of them.

Posted by: Nikki | December 19, 2008, 7:45 pm 7:45 pm

ABC News can help the economy right away – by firing corporate tool John Stossel. That one guy has disinformed millions of people on economic matters for years now. As our economic prospects have dimmed, however, I’m sure Stossel’s checks from Exxon/Mobil have gotten larger. Who says that it doesn’t pay to be a prostitute?

Posted by: Brad Reynolds | December 19, 2008, 7:45 pm 7:45 pm

Wierd to think some day, we will look back and think. “Ah the Bush years, those were the good old days.”

Posted by: MightyDesignStudio | December 19, 2008, 7:45 pm 7:45 pm

Biden knows what is about to happen. He and others are giving us hints on what will soon take place in America. We need to save as much and get out of debt as quickly as possible before the collapse of the US economy completely takes place. Try cash gifting http://www.endingthecrisis.com

Posted by: ENDINGTHECRISIS | December 19, 2008, 7:45 pm 7:45 pm

A post of mine was taken off. I don’t understand why. We had a high chair recall(could possibly choke a child to death)-Could it be because I stated the company’s name in the last post- This high chair was manufactured in the China. Lead tainted toys, high chair choking hazards, laced chocolate and baby formulars the list keeps on continuing and it’s frightening and how many children’s lives have to be constantly threatened by defective products. Who is minding the shop?

Posted by: t42 | December 19, 2008, 7:46 pm 7:46 pm

STAND UP, CHUCK……OOOOOHHHH….

Posted by: Richard | December 19, 2008, 7:47 pm 7:47 pm

Isn’t this the “crisis” that Obama was going to be faced with? His “test?” What’s really funny is that Delaware is a major automotive producing state. GM has a plant in Delaware. Biden didn’t vote, or didn’t show, for the nationalization of the American auto industry. Cute.

Posted by: Jeff | December 19, 2008, 7:47 pm 7:47 pm

it is all about setting the stage to put
the blame on………….BUSH!!!!!!!!

Posted by: butros | December 19, 2008, 7:47 pm 7:47 pm

We deserve everything that is about to hit us economically and it will be exceedingly bad. We knew the derivitive based scheme cooked up by Robert Rubin was eventually going to fail. The house and senate held hearings in 2002 and again in 2005 where Republican after Republican warned of this eventual outcome. The Democrats accused the Republicans of being racist and elitist because they wanted to reign in Fannie and Freddie. Barney Frank and Chris Dodd along with Maxine Waters were more heavily involved in defending this crap than anyone. Yet, these same people have now been empowered with a greater majority in congress. God help us…

Posted by: James | December 19, 2008, 7:48 pm 7:48 pm

Why is everyone so upset with the statement – it is. it is, it is.. absolutely tanking – not saying it will not make it change, and saying it will not make it worse. Just tell it like it is. Citi, AIG, and all the other gamblers on Wall Street have given us the FIANCIAL TERRORISM that is crushing us and the World. It’s like they went to work for Al qaeda.
Madoff is on their heroes list ready for 70 virgins.
The stock market operates on the greater fool theory. I buy stock knowing later a greater fool will pay more, he buys knowing later another greater fool will buy. Trillions of dollars constantly changing hands with nothing being created and nothing real exchanged.

Posted by: Bill | December 19, 2008, 7:48 pm 7:48 pm

I didn’t read all the comments on here, but suffice to say if you think for one moment the ‘big O’ can have an affect on where we are headed, you are an idiot. I actually welcome the fact that you hold to the belief that the “government will save us” all the while not understanding that THIS IS A PLAN BY THE GOVERNMENT to screw you over. This simply means you will not survive it, and I, and people like me will. Result? Less stupid people and more smart people.

Posted by: Steven | December 19, 2008, 7:48 pm 7:48 pm

You people seem to forget how Bush and his cronies did their best to ‘privatize’ Social Security, and tie it into the stock markets (good god), as if they hadn’t done enough to ruin this country and crucify the working class. Just imagine how much more it would be ‘tanking’, as our dear VP says, if Bush had succeeded in screwing folks out of their Social Security benefits as well?

Posted by: RudyJoe | December 19, 2008, 7:48 pm 7:48 pm

Notice the congressmen are not insisting on an “investigation” of what caused our economy to tank! Maybe it is because such an investigation would turn up their own complicity and incompetence.

Posted by: WPT | December 19, 2008, 7:48 pm 7:48 pm

The economy is based on the cash flow of the consumer. If the consumer has no cash flow, they will not be able to spend. The easy access to credit caused consumers to fall into debt. Their income is used to repay this debt leaving little left for spending. The solution is massive consolidation loans. All mortgages refinanced for 30 years fixed at 4 percent. Credit card debt and personal loans consolidated into a single loan with an interest rate about 5 percent. This will relieve the financial burden on the consumer. Financial institutions, the government, or both, need to do this. Also, any consumer acquiring such a loan will need to be prevented from obtaining any new credit for a period of five years, allowing for them to become financially stable. Such a program will allow consumers to start spending again, but without the use of credit. Think about it.

Posted by: Al | December 19, 2008, 7:49 pm 7:49 pm

I voted for Obama, but now I’m starting to get concerned… he doesn’t seem to know as much about the economy, foreign affairs, of the capitalist system as I thought. I went back to review his resume and found that is main experience was a community organizer; can you believe it! (My brother tells me I’m an idiot for voting for him, but I don’t believe him. I only got to vote twice.)

Posted by: Jeff | December 19, 2008, 7:49 pm 7:49 pm

what a idiot biden is! thanks for helping out you bozo!!!!!

Posted by: amazing | December 19, 2008, 7:50 pm 7:50 pm

The economic damage that Ronald Reagan did to our nation is apparently permament. Bush Sr. and Clinton carried on Raygun’s policies of killing American jobs, and Bush showed up to deliver the coup-de-grace. If there was a way to resurect FDR, Truman, and Ike to save the country, we should do so immediately.

Posted by: rocketmann | December 19, 2008, 7:51 pm 7:51 pm

Biden is awful. He has a huge need to be on Television that is almost as big a lust as Senator Shumer. He shoots off his mouth because he needs to be loved by those who love what seems to be glibness and open honesty. It is just vanity. Look at his botox work and his awful hair plugs. When you see that, you know exactly who he is. He will never be a loyal supporter of the new President. He is a bigger mistake than keeping Hillary and Hubby in the limelight. He needs to inject himself even if it means creating an unintentional panic. He is an egotistical fool who is making sure that his seat is held for his son. Isn’t it funny that the colonies that fought against Monarchical government are the ones that select dynastic candidates? Creepy.

Posted by: Crash | December 19, 2008, 7:51 pm 7:51 pm

While the economy really is in bad shape right now, these politicians use words to really scare us to impose the following:
- More spending
- Less civil liberties
- More taxation on those who have something
This isn’t the America I was taught about growing up. There is no such things as fiscal responsibility in the government any longer, it’s a blank check. Each crisis becomes mortgaged so American’s don’t feel so much pain and these damned politicians keep their jobs and power.
I say let the free market work itself out, it will work itself out a lot faster and flush the bad debt to make things work again than government could ever do. They don’t even really know what they are doing with the stimulus but listen to Bernanke increase the money supply so that the dollar is devalued against other currencies.
Why are Americans so damned afraid of telling washington enough is enough?

Posted by: Samba | December 19, 2008, 7:52 pm 7:52 pm

Bill Clinton said EXACTLY the same thing after he got into office in 1992. He said things were “much worse than I thought.” It was his excuse for greatly raising taxes on everyone…. something he vowed NOT to do during his presidential campaign….just like Obama is doing and saying now.
WAKE UP PEOPLE!!! The Democrats and Republicans are in it for themselves. To suggest otherwise demonstrates you are a koolaid-drinker. Stop voting these people back into office. Go Independent…I don’t care which independent party, just go independent.

Posted by: Teresa | December 19, 2008, 7:53 pm 7:53 pm

Wow – I cannot believe the posts from the people living in wonderland, saying that Biden should be quiet!
Dude, here you actually have a politician telling it like it is instead of double-talk and you aren’t happy?
Biden is right, we are so close to a catastrophe on the scale of something that most cannot even imagine.

Posted by: ab420 | December 19, 2008, 7:54 pm 7:54 pm

Tanking economy, recession, depression, whatever you want to call it, the world economy is having a great fall, and all President Obama’s, or President McCain’s (if that had happened) horses and men can’t put it back together again. How many times do you have to hear, it’s worst than we thought, before you Pollyannas wake up? The dollar is dead. Everything the government does is helping nail the coffin. First priority to recovery should be, kill the Federal Reserve.

Posted by: teary eyed | December 19, 2008, 7:54 pm 7:54 pm

Wow wrote: “When I read these posts…I begin to understand why this country is in the shape that its in. If only ignorance could be bottled up and sold.”

i would like to in an entrepreneurial initiative bottle your ignorance and sell it as a first edition..
..however, i might be deemed by the new administration..for being “lucky” because i took the investment risk on your ignorance…and made over $250K….and i would lose my reward from risk due to the lucky tax..and i would have to deal with union problems due to the Employee Free Choice Act..
..in other words..i don’t think, under O..any entrepreneurial-innovative greatness will occur..unless it has the greenpeace seal-of-approval!

Posted by: aw | December 19, 2008, 7:54 pm 7:54 pm

thank god we have a marxist president to set things straight, LOL
Libs are a total joke, 4 years of depression brought to you by the folks who CAUSED this crisis via the Mortgage mess and their inability to deal with energy issues.
LMAO at the libs.

Posted by: jimbo | December 19, 2008, 7:54 pm 7:54 pm

Here’s an idea. When my family budget is busted, we start cutting things to get back into balance. Here’s my take…cut the Dept of Education, Homeland Security, Merge the NRO/CIA/Air Force Acquisition efforts; actually start oversight on giveaways such as Medicare, housing assistance and welfare. Here’s the deal…give the poor a reason to work..don’t pay for their staying home and watching television. What else can we do? Trim the Pentagon staff down by 30%…more leaner and efficient. Tax only the first $35K at 28% and have it regress the more money you make to give people incentive to actually contribute to this nation’s economic and social health. Get back to Constitutional government by the people, for the people and of the people…it is just that simple, but both political parties have no moral compass, nor leadership to make the hard choices to get the ship headed back to true north. It’s that simple…lead for God sake!

Posted by: JOhn | December 19, 2008, 7:54 pm 7:54 pm

Someone told me that Obama was God; is that true? They said we was really smart because he was even better at saying nothing than Bill Clinton. And they said he had all the answers during the debates… well actually they said he didn’t really have many answer, but he looked good and he never seemed rattled. They said he was cool, so I guess I’m not sure what the problem is?

Posted by: America's Slowly Waking Up | December 19, 2008, 7:55 pm 7:55 pm

12 trillion $ in debt, no problem, this government will pay off this debt by going into war as we did in the1940s. Or it will pay off the debt with inflation. Get ready for the $10 loaf of bread!

Posted by: lyn | December 19, 2008, 7:55 pm 7:55 pm

Biden Badhers, Obama Bashers, you all have to have your say, ad infinitum. I trust Barack and Joe to do their best to get us out of this crisis and at least on the road to another chance at prosperity. Hopefully, we will all have learned a lot and will quit thinking about luxurious ostentation and McMansions and focus on what is good, what is real and what is necessary for our nation to survive.

Posted by: Phoenician Lady | December 19, 2008, 7:56 pm 7:56 pm

Be careful what you say about Bidden … he’ll be your president when Obama is impeached for being the rottenest turd in the Chicago cesspool!

Posted by: 02Z06Vette | December 19, 2008, 7:56 pm 7:56 pm

“Man is not free unless government is limited…. As government expands, liberty contracts.”
Ronald Wilson Reagan

Posted by: Chicago_Thug | December 19, 2008, 7:57 pm 7:57 pm

Why are people blaming Obama for this mess? Has he already been President? I feel like Rip Van Winkle.

Posted by: TaxesWillDestroyU | December 19, 2008, 7:59 pm 7:59 pm

Obama Lied
Obama Lied

Posted by: JoePlumber | December 19, 2008, 7:59 pm 7:59 pm

It’s interesting how many people want Joe Biden to shut up. I don’t. I want him to keep chattering away. The government always talks about “chatter” that is heard before a terrorist act. That’s all Joe Biden is doing. The terrorist attack is actually coming from our own government on it’s own people. They are tanking our nation, to serve the world market. Go ahead write your comments condemning me for saying so. Mark my words, when you all realize you are serfs don’t complain that you were not warned. Our national debt is over 80 Trillion Dollars. That means every baby born instantly owes the government $400k. The more money the Fed prints the more we owe our Government in taxes.

Posted by: J | December 19, 2008, 8:00 pm 8:00 pm

This is so funny, you poor deluded socialist think this God of your is going to solve all our problems do you?
Crank those printing presses up boneheads. I want to see those double digit inflation points go to triple or higher. By then the vegetables in my garden will have more value to your empty belly than that $1000000 federal reserve bill in your pocket. hahaha

Posted by: Mr Bozowatch | December 19, 2008, 8:00 pm 8:00 pm

Obama said during the first primary debate that he was going to pull us out of Iraq starting the first day he enters office. Jan 20th the day! I totally agree with him, I don’t give a damn about those Iraqi’s, those people suck. I mean it just like 20 or 30 million people, who cares about them, they suck. I, like Obama hope they kill each other with a major civil war, because well, because, well, Bush started it. Yes that it!

Posted by: Out of Iraq | December 19, 2008, 8:00 pm 8:00 pm

Reaganomics trickle-down, combined with Greenspan fiat money, combined with Clintonian bogus-free-trade agreements, combined with the disaster that is Bush have brought us to where we are today. Is there anyone still stupid enough to believe anything the talking heads on CNBC and Fox Business Channel parrot anymore? No wonder we’re in the hole we’re in.

Posted by: GHM | December 19, 2008, 8:01 pm 8:01 pm

Looks like some people still can’t grasp the reality of President Obama.
My friends you lost, you lost badly my friends…

Posted by: Republicans destroyed America | December 19, 2008, 8:01 pm 8:01 pm

This is simple: To have a growing economy that is based on consumption mainly; you need citizens to have the following:
DISPENSIBLE CASH FLOW INCOME
Without this people are just stuck paying so much on mortgages and credit cards that won’t be paid off any time soon. A stimulus package doesen’t even make a dent on the long-term debt that hinders people from not having this disposable income needed. So in short, nothing is going to fix this problem until the following is done:
- People refinance homes at 4.5% even if the home is upside down ; this means that banks will need to do short-sales to the same owner of an appraised price if the loan is upside down to refinance.
- People need to start paying off credit cards. This means no or little christmas shopping, no new car, no frivilous spending at the grocery store
It will take 2-3 years for most Americans to pay off their credit card debt and start saving again and start having possibly 2-5% of their income being disposable (movies, products, new car, etc)

Posted by: Samba | December 19, 2008, 8:03 pm 8:03 pm

This economy is going to crash completely on Obama and Biden’s watch. Obama and the Dems will get all the blame, it will be a 4 year presidency. After the economic depression a third party will be elected and neither party will have a majority in congress. In the next 4 years we’ll see a depression, riots, food shortages, civil unrest, and martial law declared by Obama.. Get Ready!!!!

Posted by: ynot | December 19, 2008, 8:04 pm 8:04 pm

Phoenician Lady wrote: “I trust Barack and Joe to do their best to get us out of this crisis and at least on the road to another chance at prosperity. Hopefully, we will all have learned a lot and will quit thinking about luxurious ostentation and McMansions and focus on what is good, what is real and what is necessary for our nation to survive.”
—-
Phoenician Lady..do you live in a YURT????

Posted by: aw | December 19, 2008, 8:04 pm 8:04 pm

Nothing funny about BO? are you kidding me. Trust me – even the Lib’ comics will warm up to this clown in short order. His ears allow are a great start.

Posted by: Ben Thomas | December 19, 2008, 8:05 pm 8:05 pm

the idiots that voted for BHO are in for 8 years of FDR BS. the economy did squat for 8 years of FDR and was actually worse in 1938 than in 1932. Of course you know what saved the economy then after that? A war! LOLOLOLOL. it is true that dems are by and large (except for the professors) high school diploma at best. you been DUPED! i cant believe i have to share oxygen with yall.

Posted by: bz | December 19, 2008, 8:05 pm 8:05 pm

BLAGO LOOKS LIKE A CABAGE PATCH DOOL/ GARBAGE PAIL KID THE MOVIE DOOL

Posted by: dusty | December 19, 2008, 8:06 pm 8:06 pm

I can’t believe congress didn’t vote themselves a raise in the middle of the night, like last time. Catch us all while we’re sleepin again

Posted by: daniel | December 19, 2008, 8:06 pm 8:06 pm

Don’t think for a minute that this statement was NOT PLANNED-with Obama’s blessing. They are trying to give themselves as much cover as possible so when they don’t get the economy turned around it won’t be their fault!!

Posted by: Vaszely | December 19, 2008, 8:08 pm 8:08 pm

God here. I just want to let everyone know that America is in good hands. I have officially crowned Obama as my personal agent. He now speaks for me (even though the damn idiot has been claiming it all along). All of your problems will go away starting Jan 20th. The waters will part, the earth will cool and turn green, GM will start selling cars and the UAW will even be able to negotiate higher wages, the stock market will top 15K, everyone will have a high paying job, you name it Obama will deliver it. So now that I’m no longer needed, I entrust Obama to make all the decisions from here on out. (Good luck with that.)

Posted by: God | December 19, 2008, 8:08 pm 8:08 pm

What do you expect from a nation that re-elected people like Ronald Reagan and Bill Clinton and the Cheney and his pet monkey?

Posted by: lyn | December 19, 2008, 8:08 pm 8:08 pm

share a G.E.D with yourself…
we all will be happy without “yall”…

Posted by: Confederates lost too | December 19, 2008, 8:09 pm 8:09 pm

Ok. Granted, Biden has a big mouth and is forever sticking his smelly foot in it. And Our Messiah definitely isn’t going to accomplish the world being able to hold hands and sing Kumbaya. But with the NAU (North American Union)being polished up in the back room, and the Amero being minted in anticipation of such, Biden’s comments may very well be a way of getting us all primed to accept all of the above.

Posted by: Artemis | December 19, 2008, 8:10 pm 8:10 pm

At the risk of pointing out the obvious and spoiling everyone’s partisan bickering, I must interject with the following observation: both parties have sold us out.
It is foolish to banter back and forth with memorized verbiage from each political party’s talking points. The joke is on the American voter…we have lost the ability to think analytically, and have fallen prey to the catchiest sound bites.
While Democrats and Republicans argue over who caused this, and whose fault that was, the country slips further and further into an abyss. The politicians are the puppet masters, and their passionate followers are the puppets.
We deserve what we get.

Posted by: clare | December 19, 2008, 8:10 pm 8:10 pm

I voted for Obama and I’m damn proud of it. He is just great. He told me that he would fix everything jiffy. He is so smart, he told me so. I tend to watch MSNBC a lot, and they said he was terrific. So here I am… just waiting… Big-O should be delivering a nice check to me soon… he told me he would. Screw getting an education and working for a living… why the hell do that, just vote for Big-O, like I did.

Posted by: Idiot | December 19, 2008, 8:12 pm 8:12 pm

Funny how idiot gasbags sound like idiot gasbags when they are allowed to talk.

Posted by: Jim | December 19, 2008, 8:13 pm 8:13 pm

How can any of the politicians say “The economy is in much worse shape than we thought it was in”? Don’t they all work there and aren’t they all suppose to keep up to speed on things, especially the economy? What a lame statement for any elected offical to say!

Posted by: RetiredNavy | December 19, 2008, 8:14 pm 8:14 pm

posted by:clare :
I must interject with the following observation: both parties have sold us out.We deserve what we get.
Clare-You are absolutely correct.

Posted by: Vaszely | December 19, 2008, 8:15 pm 8:15 pm

one economic intervention leads to another, because the first _always_ undershoots its goal, the second leads to a rash of more and more economic interferences until the government owns most industry and still has an economic problem, at which point they repudiate their national debt. war ensues. thank you history. “tank” seems a mild misdirection, and a weak and meaningless word to use.

Posted by: dc_ | December 19, 2008, 8:15 pm 8:15 pm

Bush doesn’t care. He’s going to move to Dubai w/Cheney where Haliburton’s new headquarters is located. Only thing Bush didn’t accomplish besides the demise of the middle-class, is allowing the Arab Emirates to control our ports.

Posted by: truthsetsufree | December 19, 2008, 8:17 pm 8:17 pm

“Anyone ready to vote for Bush again?”
Whoever you are, just know that just as we have a COT with the following:
Bush -x, Bush, -x, etc. all the way down the row in the barracks, we have a COT for you in our new “Re-education through labor” camp.
Get some help there buddy!

Posted by: alogicbit@hotmail.com | December 19, 2008, 8:17 pm 8:17 pm

Gird your loins. Gird your loins!

Posted by: John | December 19, 2008, 8:19 pm 8:19 pm

This bad economy came from Clinton’s bad trade deals (sending factories to Mexico and Communist China)and Reagan’s trickle down theory.
And the Monkey giving tax breaks to the rich!
HOW IS THAT WORKING?
Now lets try the trickle up theory,…………… fat chance those bums in congress will even give it a thought!

Posted by: lyn | December 19, 2008, 8:19 pm 8:19 pm

Come on, everyone knows until Obama takes office it is the end of the world. After the inaugeration, everything will be roses.

Posted by: Darrell | December 19, 2008, 8:20 pm 8:20 pm

BLOG- (a definition) where people without facts or accurate perspective criticize others who have the same condition, resulting in nothing valuable.
By the way, if we are in a dire economic time, why do almost all of the most trusted economic indicators say otherwise?

Posted by: Kevin | December 19, 2008, 8:20 pm 8:20 pm

I am happy to let BO have a chance to “change” things and somehow develop a “plan” to turn the worlds economics around, but he is a politician, and therefore things being as bad as they are?… we are all screwed!

Posted by: Calvin | December 19, 2008, 8:20 pm 8:20 pm

Gee, Thanks a bunch Joe! That’s all we needed to hear! There’s one in every family. MR. Doomsday himself. Don’t go scarring kids at Christmas. Man, now I know why I became Republican.

Posted by: happyinthesouth | December 19, 2008, 8:21 pm 8:21 pm

Hey Samba, if people stop using their credit cards then the economy tanks. If they keep using their credit cards, the economy tanks. Which do you prefer? The chicken or the egg? Both get fried, it doesn’t matter which way you go. Dump the Federal Reserve. Dump the Federal Reserve Dollar Bill. Let Americans own their money again. That’s the only way. And stop reelecting the bought and sold.

Posted by: teary eyed | December 19, 2008, 8:21 pm 8:21 pm

Biden needs to be put in the shower room at Rikers, picking up soap, along with Bernie Madoff.

Posted by: melvin cheeser | December 19, 2008, 8:21 pm 8:21 pm

Its interesting to note here that up until 2 years ago when the Democrats took over the congress and senate the economy was doing just dandy.
Its also interesting to note how quick dumb as stump progressive liberal socialist are to forget that the president is not the one that proposes the budget each year.
If you take the time to look at the constitution you see that the congress and senate are the ones in charge that.
All the president can do is sign the bill or veto it.
The blame is in both parties lap actually, not just in Bushes!

Posted by: Mr Boowatch | December 19, 2008, 8:22 pm 8:22 pm

Let’s stop all the bull. We are all to blame for this mess. We keep electing the same clowns to Congress…and they give us whatever we want in exchange for our votes. The foolish Democrats tried to buy poor people’s votes by leaning on the mortgage guys to make home ownership “a right”. The current bunch of Republicans started acting like Democrats and got into a bidding war with them for votes. We all want everything, and we want it now…even if we go hopelessly into debt to get it! We all forgot that there is no such thing as a free lunch…somebody pays. We need to pull our heads out of our a s s e s, and get our personal acts together. And we need to demand Term Limits so the same con men can’t keep screwing things up to buy our votes.

Posted by: Grumpy6 | December 19, 2008, 8:23 pm 8:23 pm

If Obama is considered an intellectual, this country is in deeper doo than I first feared. The man hasn’t an original thought of his own as is lost without his “aides” and teleprompters. Personally I think Obama and Biden are going to be a constant source of comedy for this country over the next four years. They’re going to be like Laurel and Hardy.

Posted by: MickS | December 19, 2008, 8:23 pm 8:23 pm

Biden needs to be put in the shower room at Rikers, picking up soap, along with Bernie Madoff.

Posted by: melvin cheeser | December 19, 2008, 8:23 pm 8:23 pm

Yo baby, you know what i be saying. Da economy iz going to be aight. We got da top dawg in da house with his sidekick little joey biden. Jo da man he no eveyting and especially jobz and being patriotic and stuf. With Obama at his side it be cool.

Posted by: roberto | December 19, 2008, 8:25 pm 8:25 pm

Our country is trillions in debt. Iraq has a 200 billion surplus. Who needs help from who?

Posted by: nuff'snuff | December 19, 2008, 8:26 pm 8:26 pm

Prepare for the end of days.
sincerely
Dr B. Fwankenfurter.

Posted by: TheDoctor | December 19, 2008, 8:29 pm 8:29 pm

If you think times are tough now, just wait, in a few months there will be another round of foreclosers and bankruptcies, this time it will be from all those empty commercial buildings and malls that can’t be filled.

Posted by: lyn | December 19, 2008, 8:29 pm 8:29 pm

Since Obama seems to be following the F.D.R. modle of leadership, here are some things you can expect to see in the near future: an economic depression, higher taxes, hyper- inflation, a military draft (men and women), and finally another world war to end the depression. May we all live in interesting times!!

Posted by: ynot | December 19, 2008, 8:31 pm 8:31 pm

It is hilarious that all libs say we need to now get behind our new president as they continue to rip Bush. Obama will be impeached within 2 years so all you libs don’t get too excited. There are some of us sane people that can see through this empty suited racist and we will get him impeached.
Merry Christmas

Posted by: Darrell | December 19, 2008, 8:31 pm 8:31 pm

The economy will turn around when people begin to sense some trust, stability and confidence in the markets and the leadership of this country. With no leadership in place or on the horizon it is clear that we are in for a long dreary ride.
Leaders don’t go out of their way to demoralize an already distressed people…

Posted by: Larry | December 19, 2008, 8:32 pm 8:32 pm

Bush gave Obubba and the Democrats what they wanted – bailout money for the big 3. Obubba agreed to this funding. When the big 3 come back for more money, it will no longer be “Bush’s fault”.

Posted by: Sigmonde | December 19, 2008, 8:32 pm 8:32 pm

I am ready to vote for Bush again! 2 years from now after Obama is impeached, let’s compare the difference in the number of terror attacks.

Posted by: Darrell | December 19, 2008, 8:34 pm 8:34 pm

As a conservative, I say you cannot blame Obama or the Democrats for our country being almost over—-IT IS THE FAULT OF GEORGE BUSH-a man who only cares about the wealthy. He bailed out the banker crooks, he allowed millions to come in from the south and kill Americans and he got us in a war that he ran like a girl scout. Now, he bails out the union workers because he is scarred of what he has done and wants to cover his behind. The man sold us out folks and there cannot be any doubt of what he truly is and it ain’t pretty. Watch now as we descend into a hell of a hole due to his making!!!!!!!

Posted by: rockychance | December 19, 2008, 8:35 pm 8:35 pm

Samba did you forget we live in a capitalist nation? Now if everyone stops buying and starts paying off debt…what happens? Oh yeah! the Thing thats already happening now. Cause people “are” spending less. We shipped all our manufacturing jobs outa here. (well most) so what do we have? service jobs..and if people stop spending money on services they can’t afford anymore well those start drying up as well. It’s A house of cards and we just stacked it way too high. Another 700billion? to do what? keep delaying the inevitable? Did we forget about inflation? Hell, the FED said it will keep printing money as long as it has to…now that’s freaking scary! Print all the money you want but it doesn’t make it worth anything more than the paper it’s printed on. You know “we” as in “all of us” have to pay that back. That means MORE TAXES! You can’t cut taxes and barrow more. So just wait till Obama has to break that news. “Well folks we owe to much, sorry..but uh..that middle class tax cut isn’t going to happen. It’s gonna be soooo funny. Hell NY jest passed 88 new taxes. So get ready for that to start happening all over. No one has a plan folks. Because no matter who is president we still have 80trillion in debt. 80,000,000,000,000. That will never be paid off. Cause the FED printed it out of thin air. Loaned it to All of us “THE Citizens” And we get to pay it back. How crazy is that? It will tank folks…just a matter of when.

Posted by: CooterJenkins | December 19, 2008, 8:37 pm 8:37 pm

…As Bin Laden sips on a cool beverage while all his wives surround him he says to Zawahiri, “Ah, yes, everything is going as planned, but this new guy…what’s his name…Obama? What again did he say about coming after me?”

Posted by: wrathnofury | December 19, 2008, 8:38 pm 8:38 pm

Biden is a fool. Palin 2012!!!

Posted by: Tomato | December 19, 2008, 8:38 pm 8:38 pm

The economy began to tank when the Democrats took control of Congress two years ago. Things will only accelerate once the Democrats hold the Executive branch also.

Posted by: Herman P Sperman | December 19, 2008, 8:41 pm 8:41 pm

Biden is a F**king Moron!

Posted by: meballzitch | December 19, 2008, 8:42 pm 8:42 pm

This story is only news to those who haven’t read the newspapers for the last 2 months. The guys that know money have already made their move. It’s too late for everyone else. Do a Google search of “1929″ and you’ll find some newspaper stories from that year and they are identical to what we are saying today. It’s going to get worse and we better get ready. This will be the worst economy since the 1930′s and maybe worse. Why pretty it up? Confidence is gone. The bubble’s popped and it doesn’t look like a President Obama is interested in building another. I’m a Republican too but someone has to take this mess away from the Republicans until some sane regulations are put into place. It’s going to be a long painful ride.

Posted by: Michael | December 19, 2008, 8:47 pm 8:47 pm

There will be no ‘recovery’, or at least not in terms of anything we recognize. The excesses of the past fifty years, funded by all of us through social security and demanded by greed, will collapse us.
Biden is right, it’s just that he’s an ant about to get squashed by the Greater Depression.
We’re right next him.

Posted by: TC | December 19, 2008, 8:47 pm 8:47 pm

Great “Dumber” is out of the closet again. Sure spend another trllion dollars, can you say hyperinflation? Welcome back to the late ’70′s, I’m feeling a tingle running up my leg.

Posted by: JimH | December 19, 2008, 8:50 pm 8:50 pm

I work for Haliburton. I know how important this war is and how important oil is for all of us. Doesn’t anyone remember how good it was when it was $5 dollars a gallon? Don’t people know record profits will be made even at $1 dollar? C,mon, go to work for us. Exxon is hiring now.

Posted by: oil"is"us | December 19, 2008, 8:50 pm 8:50 pm

Hey , you stupid Bush lovers wake up, it was under Bush’s watch that we were invaded with the biggest attack since Pearl Harbor!
Even when he was given a prior notice from the CIA and other agencies!
We would not be in Iraq if it were not for Cheney’s meeting with those oil men wanting all of the Iraq oil.

Posted by: lyn | December 19, 2008, 8:50 pm 8:50 pm

JR.. you’re delusional. Bush and crew were warning us for years. The left wing rads like B Frank were blocking major regulation and reform wanted by Bush and crew. Leftist economists, like Dean Baker of CEPR continue to tell us, like they have since 1999-2000 that the worst financial leadership since Hoover (Clinton era]. And.. Bush only managed to push the day of reckoning back a few more years. It’s here.

Posted by: for parity | December 19, 2008, 8:50 pm 8:50 pm

Lets think about Iraq for a minute. The fact is that it’s no accident that Iraq has a budget surplus as a result of soaring crude prices. Filling the Iraqi treasury was strategically brilliant. It gives Iraq enough liquidity to financially stabilize themselves without further US intervention. Leaving Iraq without a massive cash surplus would have been destructive for the region without US ground presence. I suggest everyone re-read their WWI and WWII history books.

Posted by: Tyrone | December 19, 2008, 8:51 pm 8:51 pm

Maybe we should cross that aisle NOW!!!and save our country. Let’s not lose the values that we grew up with.

Posted by: Common Sense | December 19, 2008, 8:52 pm 8:52 pm

Joe Biden is for Obama as Jocelyn Elders
was for Clinton.

Posted by: doityourselfweather com | December 19, 2008, 8:52 pm 8:52 pm

Another 700 billion?? Are these people so afraid of capitalism or have they just lost their marbles? This is not how free markets should be saved, its how the Socialist East does business.

Posted by: nathan c | December 19, 2008, 8:54 pm 8:54 pm

Obama is really just a 3rd Bush term minus all the Democrats complaining!! He wont do anything differant, just look at his Washington insider picks he made for his cabinet. Same old thing all over again… Big Suprise… I think that the people who’ll be the most dissapointed in Obama/Biden will be the ones who believed him and voted for him!! It should be a wild ride for the next several years………

Posted by: ynot | December 19, 2008, 8:54 pm 8:54 pm

Leave it to Joe for a negative note, just when the market is indicating that credit is loosening, oil is down, some retail sales are better than expected and most recent first time jobless claims where less than forecasted, our new VP comes along and pours cold water over several important economic bright spots starting to surface—what is in his mind and can’t the President-elect tell him to get on a positive note and stop being negative every time he opens his mouth—seems Obama is trying to set a positive agenda and Biden is not on board with the message—Chas

Posted by: charles porter | December 19, 2008, 8:54 pm 8:54 pm

You should be thankful Biden is telling you the truth. This is your time to prepare for hard times and to get your selves right.

Posted by: Robert | December 19, 2008, 8:57 pm 8:57 pm

Damn, I SHOULDA VOTED FOR RON PAUL!!! Everything that he and Peter Schiff have been talking about for years is coming true. You reap what you sow Amerika. I wouldn’t have mattered who won the presidency (except for Ron Paul) they are both the same, and have no plan for the economy. Hold onto your bootstraps folks. We will become Iceland and Greece very soon. YE HAW!!!

Posted by: DavidR | December 19, 2008, 8:58 pm 8:58 pm

“The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed…” Full story here: http://biz.yahoo.com/ap/081201/meltdown_ignored_warnings.html

Posted by: goodbyeUSA | December 19, 2008, 8:58 pm 8:58 pm

I hope that Biden becomes thoughtfull in his remarks. Obama would probably be best off if he were to put Joe in an undesclosed location for the next four years.

Posted by: danielmparker | December 19, 2008, 8:58 pm 8:58 pm

There’s a mistaken impression here among some people that Obama chose Biden. It’s absolutely backward: Biden was chosen to mind Obama in the Senate and groom him for the Presidency. He was chosen for the VP slot because of his loyal service getting Obama ready to be the Prez.

Posted by: Frank Govieh | December 19, 2008, 8:59 pm 8:59 pm

“Do you really think neo-cons would be undertaking the drastic actions they are if the situation wasn’t worse than they’ve been telling us? Biden is simply speaking the truth, plain and simple, unvarnished truth.
It’s a power grab by both parties oh s naive one. Anyone these days who admits to being a repig a democrap is a loser. PERIOD>

Posted by: Realist | December 19, 2008, 9:00 pm 9:00 pm

No comic material? If they just take the muzzle off of Michelle, that should give the comics plenty of material.

Posted by: Shazamm | December 19, 2008, 9:00 pm 9:00 pm

When Biden comes out with the truth, then people say they want lies instead. Will the truth bring about economic calamity or were we already there before?

Posted by: getreal | December 19, 2008, 9:03 pm 9:03 pm

Herman P please explain how the Democratic majority in cong. equated to “control”, and single handedly destroyed the economy? they have a much larger majority now and couldn’t even pass a auto rescue bill. There is a vast difference between majority and control.
This type of limited, stereotypical thinking is what has led to the long overdue delightful destruction of the Republican party

Posted by: michael | December 19, 2008, 9:04 pm 9:04 pm

I think Joe Biden is the most frightening human being I’ve ever seen. He’s deliberately frightening. He even scares George Stephanopoulous. Now that he’s got the Vice Presidency in hand, we’re seeing what happens when you give a narcissist that much power: they turn into freaks.

Posted by: Frank Govieh | December 19, 2008, 9:05 pm 9:05 pm

Biden is friggin moron. Total joke, travesty he’s the VP. UFB. Guy doesn’t know his arse from his mouth. Thanks Barry voters. Worst crue in history.

Posted by: xjug1987 | December 19, 2008, 9:05 pm 9:05 pm

Our founding fathers had it right. The bankers have destroyed us. We are loosing our country and our liberty. Where are the investigations into both houses of congress? Who did not have their hand on the tiller? Who had their hands in the till? Who from the 4th estate will ask the questions and do the investigating? The press has the duty to get to the root cause of this….and it is not entirely Wall Street that did it to us….much of it has been at the hands of those that have been in DC for dozens of years. P.S. If I hear one more pundit say that we are hoarding rather than saving, after years of being told we were spending too much and not saving; I’ll have to get my 4 year old to bop em in the nose…..it’s shameful behavior by those that should have had an idea of what was happening. Goldilocks Economy my rumpass!

Posted by: David | December 19, 2008, 9:05 pm 9:05 pm

Joe is right. The economy is “absolutely tanking.” Why? Because people have decided to stop buying so many things, and to start to save some money. But that ruins our economy, so we can’t let that happen. Stupid people–they need to keep spending. But they won’t because they just can’t see the big picture. Thank God we have the Government to tax the people, so it can make sure that the people’s money gets SPENT even if the stupid people won’t do it. The economy won’t “absolutely tank” if the stupid people will just keep spending. Why can’t everybody see that? 600 or 700 billion dollars – whatever it takes – to make sure the critical spending never stops.

Posted by: TroothHurty | December 19, 2008, 9:07 pm 9:07 pm

America spent all the money it could on gas and oil until it went broke. End of story.
The ONLY option now is try to rebuild ourselves a new “sustainable” infrastructure. Good luck to Barrack and Joe. It is at least refreshing to get a sense that the future leadership understands the gravity of our predicament.
There is NO way to hide that we have an absolute disaster on our hands. There is NO defense for the current leadership. It was their bully pulpit. It was their job to lead. To bad they didn’t.

Posted by: Pman | December 19, 2008, 9:07 pm 9:07 pm

Hey “oil is us” read your FACTS – do you know what FACTS are? The reason we got hit during the Bush years with the worst attack is that it was being planned for years during the Democrap years. It was the stupid CIA that was built, controlled, and reduced during the Democraps years that failed to warn us.
This economy and the war are all related to the Democraps not doing what needed to be done. I wish you da..mn idiots read your history and read the FACTS and listen to those who aren’t trying to BS the “stupid” generation. But, then you’ll believe anything these radical freaks tell you.
I assure you we are about to walk into the worst years in history since the people who caused our problems are now in charge. Call them Democraps or Democrooks, they are exactly who our enemies wanted in charge and our enemies will soon take advantage of these freaks with a major hit that will make 9/11 minuscule in comparison.
Trust me, I’ve seen it and it will fall in place. What marines saw in Iraq will soon become apparent. And you freaks will be stunned. Personally I wouldn’t put my life on the line again if I knew it was for you freaks!
Allah will take care of you – soon.

Posted by: Viktor | December 19, 2008, 9:09 pm 9:09 pm

It’s all ready ‘tunked’! I told my wwife in June-July, 97…”Honey, we are in a recess. Ha…maybe a depress. Made almost $6000.00 this past year. Big $ Huh. Depended on the Vacation people. My real estate friends are FREAKIng OUT.
Can’t baffle me when I look at the facts from my very small business…or lack there of for now.

Posted by: Mark Hillyard | December 19, 2008, 9:14 pm 9:14 pm

Viktor……Thanks for the history lesson. I mistakenly thought the republicans were in control of all branches for six years. (remember to take your meds.)

Posted by: oil"is"us | December 19, 2008, 9:14 pm 9:14 pm

Did anyone see that report from the CATO Institute yesterday on CSPAN? Everything Obama is going to try has been tried before on a recession and failed. Hoover & FDR used the same tactic and it failed to work for 11 years straight, then Japan tried it in the 90′s for 10 years and it failed them too. Japan tried all the construction projects to kick start the economy, they said it looked like the island of Japan was covered in concrete …but no recovery, no increase in GDP. CATO said Bush is a big government borrower and Obama is a big government tax & spender, government is the problem not the solution. Oh well this new breed of Americans are dumb, dumb, dumb, Goodbye USA!

Posted by: goodbyeUSA | December 19, 2008, 9:15 pm 9:15 pm

Liberal fascists constantly lie about the state of the economy because they want to frighten gullible sheep into panic, which serves their interests. In fact, the liberal fascists created this mess in order to enact international totalitarian marxism. Biden is a useful idiot who will appear from time to time to read whatever propaganda nonsense Obama puts in front of his booze-bloodied nose. Our economy is actually in about the same shape as Bush inherited it from Bubba.

Posted by: obamanation | December 19, 2008, 9:15 pm 9:15 pm

My apologies to “oil is us”. My comments were directed toward “lyn”.

Posted by: Viktor | December 19, 2008, 9:16 pm 9:16 pm

Glenn Beck predicted the collapse of the economy two years ago.It looks like the perfect storm has come ashore.Maybe if we could bring in the the new year with repentance instead of celebration God would help us out of this mess.

Posted by: steve | December 19, 2008, 9:17 pm 9:17 pm

hey joe it tanked with ACORN democrat obama reid scummmmer peloski frank dodd kerry kennedy obiden housing-banking scandal that reaped the taxpayers of the USA. but don’t worry aa ah a ah ah get him a teleprompter will stick obiden in to plug the hole

Posted by: jake | December 19, 2008, 9:19 pm 9:19 pm

All these surprisingly negative comments about Biden…tsk-tsk.
Didn’t anybody stop to think HE is a ‘heart beat away’ from the presidency? That’s all we need is (God forbid) Chicken Little at the helm.

Posted by: Renay | December 19, 2008, 9:20 pm 9:20 pm

If they don’t tell it like it is, the American people won’t back the cure. So there is NO alternative.
And for “Obamanation,” who wrote that the “economy is actually in about the same shape as Bush inherited it from Bubby,” well… That’s simply nonsense.

Posted by: Dolmance | December 19, 2008, 9:21 pm 9:21 pm

Its amazing how the democrats even after winning the election still talk about “prosecuting” Republicans. What ever happened to their promise of bipartisanship? Typical unhinged liberal wackos.

Posted by: independant minded | December 19, 2008, 9:21 pm 9:21 pm

So if this is what 2 years of a democratic legislature will get you, imagine what 4 more years will get you.
Thanks to Barney Franks and Chris Dodd we have the largest financial failure in history.
Now we have the chicago political machine that’s going to run the country and an idiot as backup.
Good luck America, you’re going to need it!!

Posted by: Brock | December 19, 2008, 9:22 pm 9:22 pm

I sure hope that Biden doesn’t ever become President. He is like the bad cop who shoots first and asks questions later.

Posted by: ApoloVet | December 19, 2008, 9:23 pm 9:23 pm

Biden is such an idiot. Yeah yeah. Print more money. Devalue what we have
May God help us. We have idiots running our country.

Posted by: Mainer1776 | December 19, 2008, 9:24 pm 9:24 pm

Great leadership there Joe.Obama is going to have to fix his residence somewhere in Africa or Asia to keep him away from the media

Posted by: Kim | December 19, 2008, 9:24 pm 9:24 pm

Well now we know why they’ve been keeping Biden under lock and key. I guess they realized every time he opens his mouth he puts his foot in it, so they are going to use him to only tell us the bad news. So that way Obama only tells us the good news.

Posted by: Frank White | December 19, 2008, 9:24 pm 9:24 pm

Yeah, years taking the Obaminable way.
Prepare to be assimilated by the BOG. Resistance to Obamination is futile. BOG Brother is watching – OBEY!

Posted by: Doug Huffman | December 19, 2008, 9:25 pm 9:25 pm

Viktor you are sooo full of yourself. the Administration had ample prior warning of 9-11 Bush was going to war with Iraq from before he took office. Finnish up daddy’s unfinished war. Osama
picked the Bush Jr. Administration and the World trade center for very explicit reasons. He hated Geo.Sr.for desecrating
his homeland.

Posted by: michael | December 19, 2008, 9:25 pm 9:25 pm

These people have been screwing things up sense washington rode out to put down the whiskey rebellion.

Posted by: will | December 19, 2008, 9:25 pm 9:25 pm

The democrats are making it out worse that it is….. to push there left wing agenda.

Posted by: burt bacorat from montreal | December 19, 2008, 9:26 pm 9:26 pm

Biden needs to learn the shut his big mouth. He’s going to put people into a panic. Who voted for this idiot anyway?

Posted by: Swami Poobah | December 19, 2008, 9:26 pm 9:26 pm

Republican (notice I refer to them as Republicans, not conservatives) are trying to rewrite history. The original changes to lending laws required that credit worthy borrowers could not be denied loans by banks that did business in their neighborhoods. The rest was the result of a colossal failure of regulation and excess of greed compounded by a singularly disengaged president who once boasted that he didn’t read newspapers. Now he is resorting to socialism to try and rectify an already terrible situation. And they ridicule Biden for stating the obvious! Give us all a break and go hibernate until this mess is fixed. Then you can come out and preach about your “balanced” budgets, lower taxes, and trickle down economics (with the emphasis on trickle.) You will probably be talking to the same 26% of the population who still think that Republicans can do a better job than Democrats when it comes to fixing the economy, but at least you won’t be getting in the way of the people trying to save us from our own excesses.

Posted by: jumping | December 19, 2008, 9:29 pm 9:29 pm

Biden is only stating the obvious. The indicators are there for anyone with any sense to look at: BDI, Forex, Fed Cash statements, etc. If this economy is still functional in 90 days, it will be a (brief) miracle. Jobless trends point to the largest loss of jobs ever in the next couple of reports. No amount of stimulus payments, no amount of ditch-digging WPA jobs–nothing is going to change this. Good summaries of these data available at http://www.endtimesroundtable.com in public areas. There are no more economic rainbows and lollipops, folks. Anyone, Dem or Rep that can’t see what is coming will be shown to be ignorant in the end.

Posted by: Watcher | December 19, 2008, 9:30 pm 9:30 pm

Biden is right, everyone that is calling him an idiot should open your eyes, get up off the couch and face the real world. At the rate we (the USA) are moving in a downward spiral, the economy is definite “Tanking”. If Obama, Congress and the Seante can nt get together and make the right decisions, close the corporate tax loop holes, penalize companies that are outsourcing, close the borders and make healthcare affordable, we will all be wards of China by the end of the 4 year term. I am not a radical person, in fact I am a registered Independent after being a Democrat for many years. Wake up Americans, this is no joke. Forget the party affilations and lets work together to solve the biggest crisis of our time

Posted by: YeVonne | December 19, 2008, 9:32 pm 9:32 pm

Obama’s VP choice should have made voters question his sanity. Biden needs to learn to shut his gargantuan mouth. This is going to be a looooooong four years.

Posted by: Scott E. | December 19, 2008, 9:32 pm 9:32 pm

Terrible misquote. Biden didn’t say the economy was in danger of tanking. He said we needed to prevent that from happening, which is dfferent. Pls stop making stuff up.

Posted by: David | December 19, 2008, 9:33 pm 9:33 pm

Terrible misquote. Biden didn’t say the economy was in danger of tanking. He said we needed to prevent that from happening, which is dfferent. Pls stop making stuff up.

Posted by: David | December 19, 2008, 9:33 pm 9:33 pm

Obviously, and none too subtly, what Biden and Obama are trying to do is lower expectations to ‘rock bottom.’ Someone said it will be great to have an ‘intellectual’ in the White House. Oh really. How many intellectuals know a damn thing about running a business or fixing a damaged economy?
This is liable to be a self-fulfilling prophecy and for once you’re not going to be able to blame it on Bush… the Democrats caused the crisis anyway.

Posted by: gbj | December 19, 2008, 9:34 pm 9:34 pm

All I see is a lot of whining its all the Democrats fault or Its all the Republicans fault when its the fault of the American who put Money before their own people maybe if America does “Tank” the American people will wake up and the world will be better off for it.

Posted by: Bellrich | December 19, 2008, 9:34 pm 9:34 pm

Biden is a tool.

Posted by: Maxwell Hammer | December 19, 2008, 9:35 pm 9:35 pm

Eisenhour warned of the “Military Complex.” I worry about the oil companies as well. Your opinion of the condition of the economy is directly proportional to your employment status. It’s sad people have to be there in order to understand. It’s also sad that people seem to want Obama/Biden to fail even before they start.

Posted by: oil"is"us | December 19, 2008, 9:36 pm 9:36 pm

Yeah. Too bad McCrazy isn’t in charge. He told you fools that the “fundamentals of the economy were strong” right before it crashed. Anything but looking things in the eye, you Republican fools, right?

Posted by: Biden fan | December 19, 2008, 9:36 pm 9:36 pm

I am a bit sick of all the poor abused, lied to and misled citizens on these posts and their refusal to accept any of the blame. The real estate foreclosure disaster was as much the borrowers fault as the lending institutions. (oh I’m just 23, work as a retail clerk for $12.00 and hour plus commission. My wife is pregnant with our second child and can’t work, but holy smoke, I can buy this brand new two story home with four bedrooms and two and a half baths with only $10,000.00 down and a great low adjustable rate mortgage. Why not start big and not in a small house with no garage like my dumb old dad did?)
Then we have the American auto industry literally falling on its face. I suppose all you millions who belong to greedy and mostly corrupt unions that force the Big Three to pay a 17 year old high school drop-out $22.50 to sweep the floor and insurance, paid sick leave, 401K, 25 paid holidays and job protection so severe that he can spend half the day leaning on his broomstick chatting and then to the car to get high at lunch time without the slightest worry of being fired.
Let’s not forget our beloved red states and their idiotic clones in blue states that voted in a total moron, not once, but twice and cheered him as he spent trillions a month of our tax dollars on a war that makes the stupidity of Viet Nam look like Lord Nelsons actions at Waterloo.
Go on blaming it all on someone else my fellow innocent Americans. It will make sparkling dinner conversation in the soup kitchens and bread lines.

Posted by: Dan | December 19, 2008, 9:36 pm 9:36 pm

Biden is a penis sucker.

Posted by: Biden Fool | December 19, 2008, 9:37 pm 9:37 pm

Ooooh, another $600B-$800B? Where’s this money come from? Oh yeah, it is BORROWED against future Americans earning ability. So in order to fix the current problem, we’re going to do the same thing that caused the problem in the first place? Debt, debt and more debt?
This country is going to pay dearly for not listening to Dr Ron Paul.

Posted by: Brian | December 19, 2008, 9:37 pm 9:37 pm

Why on God’s green earth did Obama pick this guy as his VP? His non stop yapper is connected to a brain stem to nowhere. I knew this when he spoke at my high school in 1980 for crying out loud.

Posted by: Scott W | December 19, 2008, 9:38 pm 9:38 pm

Democrats & Republicans, we are all fooling ourselves. We have helped create an imperial Washington. Bush’s administration will spend 700 billion and Obama wants to do the same. All to theoretically solve problems that in many ways Washinton has created. Will someone please start asking the question where all this money is going to come from? The Congress is chastising the bankers and Detroit for their business failings and fraud while our Washington leaders are doing the exact same things on a greater scale in Washington. Who will bail out Social Security, Medicare? Things need to change or our children’s future will be bleak.

Posted by: Mike | December 19, 2008, 9:38 pm 9:38 pm

You all want to keep being lied to like we’re a bunch of idiots or do you want to here it straight and then at least we know what we’re dealing with? Burying our heads in the sand and pretending that this isn’t that bad will get us all nowhere. We are witnessing the fall of Rome and as long as Americans are kept fat,happy, uniformed and anesthetized with cable it will all be ok.

Posted by: jpizzle | December 19, 2008, 9:38 pm 9:38 pm

What a jerk

Posted by: fred | December 19, 2008, 9:38 pm 9:38 pm

This is the end. In less than two years when there are massive food shortages and unemployment is at 30% the Democrats and the Republicans will be out on their collective rears and a new party based upon the sound economic principles of Congressman Ron Paul will sweep the flotsom and jetsom from the Capitol.

Posted by: Rufus T. Firefly | December 19, 2008, 9:40 pm 9:40 pm

Im sorry to say but the new world order is coming soon. Get ready for the amero. We are all being set up for a major change. We are being controlled by media and our goverment. I can not believe that we don’t see the writing on the wall. I pray for our nation and for each of us. Investagate in to whats coming. Knowledge is everything. We must act soon or it is to late.

Posted by: billy b | December 19, 2008, 9:41 pm 9:41 pm

Why must the Dems/liberals constantly lie though their teeth?
FACT: The current financial crisis is 100% due to Bill Clinton and Henry Cisneros forcing banks to lend to people who couldn’t afford loans. They sought to make home ownership a right. Now they try to rewrite history by claiming a “failure of regulation”. Amazingly, the cure for this is massive increases in government regulation. spending, control, and bureauracy.
When george Bush took office 8 years ago, he was savaged by the press for correctly pointing out the Clinton/gore recession we were in. Now Biden is lying about how bad the economy is so that when his falsely dire predictions don’t come to pass, he and the messiah can take credit for averting a disaster that was never going to happen in the first place. LIARS, LIARS, LIARS

Posted by: truthteller | December 19, 2008, 9:41 pm 9:41 pm

Yes I suspect Biden is correct. The big Banks (and GM) will eventually fail even with the trillions of bail out money they sucked up already. Unemployment will increase after the Holidays as stores will lay off staff and close stores. The Malls will have a 25% vacancy rate and commercial properties will depress. States will go broke for lack of sales tax collection, state unemployment plans are underfunded and will go broke if not already. Workers salaries will be unable to keep up with rising prices and will barely have enough to spend on necessities. There will be layoffs in the townships and state level. Pension funds will be strained by lack of contributions. So where is Biden wronh?

Posted by: Boris | December 19, 2008, 9:42 pm 9:42 pm

Can someone explain to me how money taken in the form of taxes on productivity will now be parceled out in the form of a “stimulus” (giving back what was taken) to create jobs? Then those created government jobs, paid for by taxpayers, create no net taxes to the government coffers since the money to pay for the jobs came from the same coffer. Isn’t this a smoke and mirror plan??

Posted by: dixie | December 19, 2008, 9:43 pm 9:43 pm

How much of this massive “stimulus” plan will end up in the pockets of Obama’s or Biden’s friends? We know that as an Illinois State Senator, Obama gave $100,000 to a campaign donor to build a gazebo in Englewood. Chicago and Illinois corruption at its worst!!

Posted by: Barack Corrupt Obama | December 19, 2008, 9:45 pm 9:45 pm

Of course he said this! They WANT the economy to tank so that they can push forward their ultra liberal agenda. At least Joe Biden will keep us laughing!

Posted by: TAGW | December 19, 2008, 9:46 pm 9:46 pm

OMG! The Repubican Retards are out in full force today!
At least Biden is telling the truth, which is something your idiots in office for the last 8 years couldn’t do.
Thanks to Bush giving nice little windfalls to companies that outsourced to India, we are now left with an incredible amount of unemployment and an economy that’s in the crapper.
But you Repub right wingers sit in your ivory towers bitching and moaning about how the next 4 years is going to suck – you have your thieving minions that were at the helm for the last 8 years to thank for that!! Obama already said that things are so FUBARed that it’s going to take quite some time and doing to put it back on the right track. How about one of you complaining fools get up there and try to come up with ways to fix it…good luck!

Posted by: Sam | December 19, 2008, 9:47 pm 9:47 pm

Why do any of the posters think Biden is saying something that is not true? Economy tanking? Yeah it is and we haven’t seen the worst of it yet. He’s just saying the truth. Obama made the right choice with Biden. How refreshing is it to have someone in power speaking the truth? All the people of America need to wake up and listen to our new leaders. They are our best hope. Eventhough they didn’t sign on when circumstances were so dismal in this country, they are now our best hope and they will do all the right things. Thank God we will soon have in charge people who truly represent Americans’ and America’s interests.

Posted by: J in Oregon | December 19, 2008, 9:48 pm 9:48 pm

Why do any of the posters think Biden is saying something that is not true? Economy tanking? Yeah it is and we haven’t seen the worst of it yet. He’s just saying the truth. Obama made the right choice with Biden. How refreshing is it to have someone in power speaking the truth? All the people of America need to wake up and listen to our new leaders. They are our best hope. Eventhough they didn’t sign on when circumstances were so dismal in this country, they are now our best hope and they will do all the right things. Thank God we will soon have in charge people who truly represent Americans’ and America’s interests.

Posted by: J in Oregon | December 19, 2008, 9:48 pm 9:48 pm

The same bunch that dug this hole are now going to dig us out of it? In California Democrats propose raising taxes to save us. Of course, that’s the ticket to prosperity – taxing ourselves to get there, and having the government pick the winners of the economy lottery. I’m sure we’ll get brilliant choices, like brain-dead proposals for hydrogen-fueled cars (it takes more power from conventional fuels to produce than burning the hydrogen produces), and ethanol and other bio-fuels that raise food prices while causing land to be cleared, releasing CO2 into the atmosphere that will take 93 years of reductions to reclaim. How about solar arrays and wind farms in pristine desert areas? Tell Robert Redford that while he’s protesting oil drilling in Utah, there’s thousands of times more acres in other pristine areas that will desecrated to produce unreliable and expensive power. Joe Biden’s stupid remarks are just one of many illustrations of why Congress’ approval ratings are much lower than President Bush’s. And we’re stuck with these clowns after President Bush is gone.

Posted by: Michael B. Combs | December 19, 2008, 9:49 pm 9:49 pm

Biden is honest, something Obama isn’t.
Obama needs to take off the rose colored glasses and see what he’s got himself into. Biden knows. Biden has the experience!
I’m a Republican, didn’t vote for Obama, but have more faith in Biden than Obama.
Good example. California Democrats won’t cut expenses and the govenor will veto their budget cuts. So, Obama appoints a California liberal female, Solis, as Labor Secretary whose mission has been immigration and the environment?

Posted by: vicki | December 19, 2008, 9:50 pm 9:50 pm

To all the people thinking Biden made a mistake here – he didn’t. They’re setting expectations. When they make bold moves and major changes, they don’t want anyone saying “things aren’t so bad that we need that.” They want to set the expectation that things still are that bad, so they can drum up the political capital they need to make the changes they wayt.

Posted by: El Bruce | December 19, 2008, 9:50 pm 9:50 pm

When is Obama going to answer some questions at his press conferences? he defers on every question, refusing to give straight, committed answers. It’s always “I’ll see what Congress does, then I’ll comment”, or “treasury hasn’t asked for TARP money yet, so I won’t comment”
Obama, you’re not in the Illinois Senate anymore, you can’t vote Present all the time like you did then.

Posted by: Still voting present | December 19, 2008, 9:50 pm 9:50 pm

Interesting, isn’t it, how Obama is now going to give us back billions of dollars (that belong to us anyway) after “promising” to tax big business and wealthy Americans in order to make everything alright. Now that he knows what Bush knew, he has totally changed his tune. Congress needs to STOP spending OUR money and let us SPEND it because we know better how to SPEND it than they do. Look at the mess THEY have made! Why do we continue to send these people back to Washing?

Posted by: Margaret Mauzy | December 19, 2008, 9:52 pm 9:52 pm

U mean I gotta worry ’bout puttin’ gas in my car & payin’ my mortgage?! Sheeiit! What u talkin ’bout willis?

Posted by: Peggy the Moocher | December 19, 2008, 9:52 pm 9:52 pm

“We’re the government and we’re here to help you”
Yeah, riiiight!

Posted by: Ray | December 19, 2008, 9:52 pm 9:52 pm

After the workers start making money building the roads where will they spend it?
On Chinese goods of course.
Since we don’t make anything anymore since Bill Clinton sent the factories to Mexico and China!

Posted by: lyn | December 19, 2008, 9:53 pm 9:53 pm

The corrupt, community organizer and his loud-mouth second fiddle are in absolute danger of tanking.

Posted by: Garland | December 19, 2008, 9:54 pm 9:54 pm

Biden: you and prophet Obama were elected to “change” things, not bring Illinois/Chicago corruption to DC, not to sit in your limos and whine and complain. You promised us you had The Cure, so get off your rears and get busy.

Posted by: Sam | December 19, 2008, 9:56 pm 9:56 pm

When did they let Biden out??

Posted by: ynot | December 19, 2008, 9:58 pm 9:58 pm

Hmmm, when Bush was poised to take office in 2000 and warned of a coming recession, the media whores accused him of talking down the economy. Wake up fellow citizens, it’s all a big show and the government/media complex is out of control and lying to you on an hourly basis. The internet and talk radio on the only outlets of truth left available. The game is no longer Rep. vs. Dem., it’s us versus them. I’ve got your back, please watch mine.

Posted by: Rick | December 19, 2008, 10:00 pm 10:00 pm

Joe Bidden will be on Larry King Monday night!

Posted by: lyn | December 19, 2008, 10:00 pm 10:00 pm

To reiterate what someone else stated, the ignorance in this country is the reason we are in the mess.
Your Lord and Savior Reagan and his “voodoo economics” started this mess. It got worse with Bush I, Clinton and Bush II was the nail in the coffin. Hmm, that’s 3 Republicans and 1 Dem who couldn’t keep his wanker in his pants.
Obama isn’t even in office, yet he’s to blame. What are you people smoking?!?!!?!?
Explain how companies getting tax breaks to ship jobs overseas Democrats fault. How is deregulation in the Bush II administration and Greenspan ignored the Dems fault?
You’re either part of the problem or part of the solution. Most of you are part of the problem.
You say that unions are to blame for the auto industry. However, it’s ok for Republicans to get money from lobbyist.
It’s ok to give the financial sector a bailout and they in turn give execs outrages bonuses, but have a problem with unions. Does this make sense to you?!?!?
My advice, read books that do not contain the words My Pet Goat in the title, step away from Faux News, understand the difference between talking points, propaganda, spin and facts and please, please, please know the subject matter of an argument before shooting off at the keyboard.
Remember, people don’t know you are stupid until you open your mouth and remove all doubt………….sheesh.

Posted by: YaChi | December 19, 2008, 10:02 pm 10:02 pm

Biden is telling the truth, but no matter how much money is thrown at this thing or how much more government intervenes it will only make the depression worse. We are making the same mistakes that we made during the great depression. The problem was government intervention before and now they want to use the cause to solve the problem.

Posted by: Henry | December 19, 2008, 10:03 pm 10:03 pm

Ridiculous to knock the guy for saying what is–he’s not gonna speed it up any. You’d think he has the power to speed up the downward spiral, to read some of these comments.
You should be grateful we’re getting people in office who recognize the hardship most of us are in. The current administration likes to turn away from our problems, and make light of them. Recession, pfft! Depression, no way.
There’s enough people suffering, and they KNOW it’s tanking. Finally, we have the head honchos willing to take responsibility and FIX IT.
Ignoring problems doesn’t make them go away.

Posted by: Ann | December 19, 2008, 10:04 pm 10:04 pm

I’m a republican,but I still think Bush did a horrible job as president.All the deficit spending over the last 25 years has finally caught up to us.One world currency coming soon!The end times are up on us.The false christ is on his way.

Posted by: steve | December 19, 2008, 10:06 pm 10:06 pm

Liberals and Conservatives, Democrats and Republicans…all bullsh*t.
Stop buying into that fake paradigm. The two parties are virtually the same. They are like Tide and Cheer. They both do basically the same things even though they are marketed differently to different demographics. They both are owned by Proctor and Gamble. Republicans and Democrats are both owned by the ultra wealthy individuals, banks and corporations. Especially the military industrial complex, the transnational oil companies, and the Federal Reserve owners. It is pay for play through the political action committee lobby system and campaign finance. Bribery is the norm. The Federal Reserve is the biggest Ponzi scheme ever perpetrated and the victims are the American citizens.
Biden is right. The economy is going to tank. There is no way they can repair it. Depression is inevitable. America is over. The greedy bastards have killed the goose.

Posted by: IcThruThisBS | December 19, 2008, 10:07 pm 10:07 pm

please don’t tell me the so-called intelligent people believe the clinton years were the good old days…thats when this bubble was inflated, and greenspan took a sector problem (tech) and turned it into a macro problem by making money virtually free…people lacking intelligence to read this any other way is why wall street makes so much money…no knowledge of how micro-economics and macro-economics overlay…btw, the dot-com bubble and “price to eyeballs” ratio played a part too…the economy was in surplus because of fraudulent business plans taken public at ridiculous numbers and insiders cashed out paying huge tax bills…

Posted by: Tak | December 19, 2008, 10:08 pm 10:08 pm

The Republicans want to bankrupt this country, so they can get rid of the safety nets. The were always against Social Security and Bush tried to have Wall Street manage it. It is a good thing that did not happen. Now there should be a way to keep the thieves in congress from looting it as they have been doing since Johnson!
Imagine how much money would be in the SS fund if congress had not been stealing $150 billion every year since the Vietnam War!

Posted by: lyn | December 19, 2008, 10:09 pm 10:09 pm

Well, folks what else would you expect coming from an old political pro like Biden?
If you propose to be the new broom that sweeps clean then it is too your own self-interest to advise the voters that economic conditions are almost beyond even our new administration’s ablity to clean up. But we will do our utmost to serve the people.
In the meantime:
Ask not where is the beef but rather where is the change?

Posted by: willy | December 19, 2008, 10:09 pm 10:09 pm

And all of you leftist, tree huggin socialist thought you hated W.
You ain’t seen nothing yet.
60 plus million people are about to show you what sanity in America is and it is not your socialist president.
Nope, you aint seen nothing yet!

Posted by: Lee | December 19, 2008, 10:10 pm 10:10 pm

Eight years of President Bush failed economic policies. Even though the dumb Barack Hamas Obomba was in the senate he could not stop the mighty President Bush, but if you were dumb enough to elect Hamas president then he could easily fix the many mistakes made by bush. Well get to it asap Hamas.

Posted by: Sam is correct | December 19, 2008, 10:11 pm 10:11 pm

lyn is dead wrong. Bush 1 reversed Reagonomics with his tax increases. Remember “read my lips” broken promise, lost election. I do agree with the Clinton/Bush example. That is what has ruined this country. Only Newt Gingrich stood in the way of that briefly until he was purged from the Rep. Party for being too effective and too much in tune with real Americans. Hence the prosperity and balanced budgets during the 90′s. The Bush/Clinton oligarchy (still in power by the way) is killing us slowly. Those that must still persist in the tired game of Rep. vs. Dem. are part of the problem. It’s US vs. THEM now. Please join the team.

Posted by: Rick | December 19, 2008, 10:11 pm 10:11 pm

I hope Obama makes that dog selection soon. Whatever he selects is bound to be better trained than his VP selection. Everyone knows it’s not terribly difficult to teach a dog when to keep his mouth shut…

Posted by: Harry L. in NC | December 19, 2008, 10:13 pm 10:13 pm

Where’s the “hope” in this numb-butt? Politicians are so out of touch with reality. They can take a bad situation, and with the help of the media, make it so much worse. Yes, the economy sucks, but the more bad news people hear constantly, the more they pull back and create the situation they fear. There is an agenda at work here, and hope for the future is not it. The biggest thing the Republicans did wrong was to spend like Democrats. That sure worked out nicely didn’t it??

Posted by: civilnomore | December 19, 2008, 10:13 pm 10:13 pm

Yes Joe thanks to people like you the economy is going down. Just keep printing that money, over regulating and taxing business and allowing our factories to go to China and India. Yes Joe you are very astute about money!

Posted by: Jason | December 19, 2008, 10:15 pm 10:15 pm

Good on ya, Joe! Love the truth and love Biden. Finally, a grown up with the nerve to tell Americans what is really happening and the severity of it. Thank you Joe Biden for NOT giving us a faux sense of security and telling us to plan and be ready. I’m not afraid of the truth. I am afraid of false reassurances and phoney words of comfort. Wow, Team Obama-Biden…feeding us truth, telling us to wipe our noses, and get up. Biden is a straight shooter…get used to it.

Posted by: NB Stewart | December 19, 2008, 10:15 pm 10:15 pm

People amaze me. RABBLE! RABBLE! RABBLE!
You’re party did this! No! You’re party did it! look I got stuff that say’s so! No that stuff isn’t true cause I got other Stuff that said stuff about stuff! Yeah, Well you all are right..how about that? Sounds like both parties Screwed us in one form or fashion. But when did placing blame solve anything more than bolstering someones ego? It does nothing to fix or solve a situation. Looking at it, seeing the mistake/s, and taking proper action does though. Me? I say we are running on a foundation and system that was started way to long ago to survive in today’s world. All this legislation and such is like. “patching a leaky ship”. Sooner or later your gonna need a new ship. (and by ship I mean government). Nothing lasts forever. No matter how well you fix it. Pretty soon, You will need a new one.

Posted by: CooterJenkins | December 19, 2008, 10:16 pm 10:16 pm

Rick, Bush 1 drew up NAFTA With Carla Hill, to send the jobs to Mexico. He could not get it passed , but Bill Clinton ( his close Friend) did.
This was the start of outsourcing jobs out of the country,…. eat your imports!
Of course they are now both multi-millionaires!

Posted by: lyn | December 19, 2008, 10:19 pm 10:19 pm

I think most people here get it. The game is over and it may actually take another Revolution to get the country back for the average Joe Shmoe. Well, my brother in law recently became a citizen. I attended the ceremony and was pleasantly shocked to hear as part of the swearing in, “are you willing to protect the Constitution even if it means taking up arms”, paraphrasing here. Well citizens, you have a duty and obligation to protect that piece of paper that is the only thing that stands between you and sefdom, slavery, tyranny, etc. Personally, I don’t think there are enough left with the balls to do it.

Posted by: Rick | December 19, 2008, 10:19 pm 10:19 pm

btw…I work with/for a huge industry that has their heads in the sand. Today I discussed with our finance gurus,the real tanking that is guaranteed to begin mid-January without any programs in place. We’re trying to develop an initial communication plan at this point. It is way past severe. Very serious stuff…not the end of the world by any means…but serious.

Posted by: NB Stewart | December 19, 2008, 10:20 pm 10:20 pm

It’s brilliant, actually. I do know we are in a recession. I don’t know how bad it actually is. By saying the economy is that bad, when it approves in six months or a year or two, it only makes the Messiah look that much more divine.
Also brilliant on another front: Saying government is the solution for the free market woes we’re having. Between Bush’s auto bailout and an ultra liberal president in there next month, we are inching toward socialism.

Posted by: justin | December 19, 2008, 10:21 pm 10:21 pm

Who’s fault is it that this numbnuts is the President. I respect the office but he’s trash!
You want change, then those sensible people in this country need to make it happen.
You can keep sending this kind of crap on these kind of crappers(media blogs) or really do something about it. Revolution anyone?
I’m over these “media” blogs” as well as
the socialist in Washington.
60 million of us in America thought this dip-crap should not be there. Change it.

Posted by: lee | December 19, 2008, 10:22 pm 10:22 pm

Mr. VP
I needs a job…

Posted by: Glenn | December 19, 2008, 10:24 pm 10:24 pm

It’s over pal, pack your bags, we’re done. It’s over.

Posted by: Keith | December 19, 2008, 10:24 pm 10:24 pm

Uh, lyn, as I said it has been the Bush/Clinton oligarchy that has ruined us. Don’t crap on Reagon, he was the last great President. Restored the economy, defeated Communism, rebuilt the military and handed off a damn good country to a New World Order a-hole that put Bubba in power for the promise of taking turns with his son in 8 years. Don’t include the Gipper with the Bushes or Clintons was my point.

Posted by: Rick | December 19, 2008, 10:26 pm 10:26 pm

Well who are they trying to scare? No one wants to hear negative predictions from the people who are supposed to be our leaders. Biden should go and study the old Reagan news conferences to get an idea of how to be positive and cheerful. A few upbeat words and a little faith can do wonders, as Reagan proved time and again. Obama especially could learn these things.

Posted by: Harry | December 19, 2008, 10:28 pm 10:28 pm

Yeah lee, Lets kick him out! then put another “dip-crap” in his place! Cause we trade them off 8 years at a time yet nothing seems to “really” be changing.

Posted by: CooterJenkins | December 19, 2008, 10:28 pm 10:28 pm

Oh, there you go again Joe! And people dared to call Bush stupid! Isn’t everything suppose to be just red and rosy now that Obama has been elected? He’ll save us! I guess the democrats forgot they won. I want to know why the government wants control over everything, and they really have to stop these scare tactics. If the government would just stay out of it all, everything would work out.

Posted by: BB | December 19, 2008, 10:29 pm 10:29 pm

What an effing idiot. I think the Obama chose him for VP so that people would be scared to assassinate him.

Posted by: ozymandias888 | December 19, 2008, 10:29 pm 10:29 pm

The Obama Biden team is in Danger of ‘Absolutely Tanking’, because the VP elect is an absolute freaking idiot!

Posted by: Doug | December 19, 2008, 10:30 pm 10:30 pm

Would disagree with those people who want to put a muzzle on Bidden. Seems he’s the only one showing us what’s behind the curtain–even though he didn’t mean to.

Posted by: Jeff | December 19, 2008, 10:33 pm 10:33 pm

afraid

Posted by: Rick | December 19, 2008, 10:33 pm 10:33 pm

My name is Joe and I’m an idiot

Posted by: Biden | December 19, 2008, 10:35 pm 10:35 pm

“Ooooh, another $600B-$800B? Where’s this money come from? Oh yeah, it is BORROWED against future Americans earning ability. So in order to fix the current problem, we’re going to do the same thing that caused the problem in the first place? Debt, debt and more debt?”
————–
Why do you think “The ONE” wants to Create 2million more Jobs? Someone has to pay after we Die !
.

Posted by: Doug Russell | December 19, 2008, 10:35 pm 10:35 pm

No more Republicans or Democrats only incumbents and challengers and the media.
Get ready for the ride of your life

Posted by: Rick | December 19, 2008, 10:36 pm 10:36 pm

At least old “S–t for brains” Biden is not President.

Posted by: FarSide | December 19, 2008, 10:36 pm 10:36 pm

You want to change it, then do something about it.
I’m all for it, but for all the comments on these blogs, no one wants to do what needs to be done. Refuse to comply, throw the bastard out, let those that believe in socialism live socialism, but not at the expense of the constitutional rights I believe we all have. In other words, revolution!
Keep blogging gang and keep being frustrated. If you decide you want to do something about it, then stop blogging and do it! It’s only our country, freedom and rights that our constitution calls for that we are fighting for.
No problem, lets just blog our way into submission. Throw the bastard out, even before he officially gets in, all of the congress and re-claim our country.
If your not willing to do that, shut the crap up and live with it. I’m willing.

Posted by: lee | December 19, 2008, 10:37 pm 10:37 pm

Gird your loins!

Posted by: IllinoisGOP | December 19, 2008, 10:39 pm 10:39 pm

Reagan? Reagan??
People please. ANYONE who invokes the names Reagan, Bush, or Clinton does NOT have their eyes on the ball.
That was then, this is not. Address today’s problems.

Posted by: FarSide | December 19, 2008, 10:41 pm 10:41 pm

I’ve had a business for 14 years. Ups and downs through two administrations. Presidents have very little influence over economies unless we can get workers to work again. no unions. flat tax. answer the phone and return phone calls or get fired. I deal with worthless oxygen thieves from every type of organization and if they worked for me, they would be fired.

Posted by: ircknemcke | December 19, 2008, 10:42 pm 10:42 pm

I wish all you brilliant people out there who are regurgitating the word “socialism ” could get a freeking brain of your own !

Posted by: huckleberry | December 19, 2008, 10:43 pm 10:43 pm

We just need to realize our leaders are only in it for themselves Republican and Democrecrat alike.Ninety nine percent are crooks.

Posted by: steve | December 19, 2008, 10:44 pm 10:44 pm

The Democrats and Left leaning Republicans got us into this mess now they want to spend their way out of it with our tax dollars. Get rif of the congress and the Senate and lets go back to being self reliant, independent American’s. The government is the problem not the solution. FIRE EM ALL

Posted by: NAVY CHIEF | December 19, 2008, 10:45 pm 10:45 pm

The only thing history will record and remember is, who was in charge when the USA went bankrupt and the country crashed. This will happen between 2008 and 2011 while there is a Democrat president and the Congress is controlled by the Democrats. Guess what histiry will record? The democrats and the first minority president wrecked the country in just a few short years. The new Hoover’s !!!!!!!!!

Posted by: ynot | December 19, 2008, 10:45 pm 10:45 pm

FarSide, you must have a reference point in order to determine what you are looking at now. Reagan was the last great President and is our reference point. We can therefore judge the Clinton/Bush oligarchy by the greatness that was and know the crap that we have now.

Posted by: Rick | December 19, 2008, 10:46 pm 10:46 pm

What’s with the Democrat’s fascination with John Maynard Keynes?
Ladies and gentlemen, the time has arrived for torches and pitchforks.

Posted by: DNRtheDNC | December 19, 2008, 10:46 pm 10:46 pm

Biden’s comment is as shocking as me telling my neighbors it’s snowing here (it’s been snowing here for a week). I don’t see the commotion, except that people are simply projecting past grudges onto this event to create something that isn’t there.

Posted by: Bill | December 19, 2008, 10:46 pm 10:46 pm

Someone told me recently Biden is Obama’s lease on life since no one would want ‘ol Joe as the alternative. The more I hear from the VP Elect, the more I tend to agree.

Posted by: jws | December 19, 2008, 10:46 pm 10:46 pm

Wish you could spell freaking correctly!

Posted by: lee | December 19, 2008, 10:47 pm 10:47 pm

I agree totally with you Lee. Just the comment of throwing the guy out doesn’t seem like a sound idea if another idiot will just take his place. nonetheless, The bottom has to fall out for that to happen. When It gets real Bad. that is when people will wake up. When the idea that government will save them and that it’s some sort of savior. that’s when it gets real.

Posted by: CooterJenkins | December 19, 2008, 10:48 pm 10:48 pm

Biden and Obama are both idiots. They will use the sinking economy to forward their moronic ideas of economic justice and fairness…their policies will ensure the economy tanks …they are just setting up the excuse now. The stupidity that represents the plurality of the electorate in this country is staggering.

Posted by: Phillip J Hubbell - Omaha | December 19, 2008, 10:48 pm 10:48 pm

Good English lee.

Posted by: Rick | December 19, 2008, 10:49 pm 10:49 pm

Stephanopolus and Biden are shameless propagandists for Obama, Biden, and the Neo Marxists.
All three are the antithesis of FDR in that they are like Pravda and Goebells in that they are profiteering from class warfare by spreading FEAR FEAR FEAR.
I would hope that the president of ABC would have a rush of intelligence to his brain and sack that Greek who brings gifts to the unsuspecting public.

Posted by: Kilroy | December 19, 2008, 10:50 pm 10:50 pm

didn’t know you were a freeking English teacher, too.

Posted by: huckleberry | December 19, 2008, 10:54 pm 10:54 pm

Every Monarch has his personal fool. I only wish Obama had kept it personal and not imposed his ninny on the rest of us. Obama’s Presidency is tanking before he steps into the Oval Office.

Posted by: Daisy | December 19, 2008, 10:54 pm 10:54 pm

Very well put Hubbell.

Posted by: ircknemcke | December 19, 2008, 10:54 pm 10:54 pm

What more do you expect from “Brain Dead” Joe? Those two aneurisms he had must have surely taken their toll. For all you liberals out there a lesson is in order. The term “Neocon” as applied to republicans means former democrat liberals who shifted only ever so slightly to the right but in effect were and still are “liberals”. If you thought the last eight years were bad you haven’t seen anything yet. This administration is going to rape this country like nothing we’ve ever seen. Wake up people and start supporting third party politics before it’s too late. It’s your country, your money, your life we are talking about.

Posted by: TJ | December 19, 2008, 10:55 pm 10:55 pm

And of course the Congress just accepted a whopping $4700 dollar raise that they didn’t even have to vote on, while Americans everywhere are losing their savings, jobs, homes, and spending power.
What a way to lead!

Posted by: GS | December 19, 2008, 10:55 pm 10:55 pm

Your a freakin idiot! You must be one of those NEO-Con Nut Jobs I have been reading about! Since when has Bush and the current Administration given a damn about the Constitution. Obama studied the Constitution at Harvard you dumb ass.

Posted by: Dave | December 19, 2008, 10:55 pm 10:55 pm

The government/media complex is now running your life. If you like it, continue to play the Dem. vs. Rep. game. If you don’t enjoy being a mindless idiot,wake up and realize your duty as an American citizen. You must protect the Constitution at all costs. There are millions of us available as I can see from this blog that get it. Sam Adams isn’t just a beer, he sowed the seeds that sparked the greatest Revolution of Freedom for the individual that this world has ever known. Eat, drink, be merry and remove the cancer that is killing us.

Posted by: Rick | December 19, 2008, 10:56 pm 10:56 pm

What’s the matter, everyone? Is a little bit of harsh truth too much for you? Take a look around you. Oh, wait! In order to do that, you’ll have to climb out of the bubble! Do you really think that if no one, Vice-President Elect Joe Biden included, mouths the words “economy tanking” that that means it isn’t happening? I think that Biden is actually telling us some truths that we don’t want to hear. To paraphrase Bette Davis (as Margo Channing), “Fasten your pocketbooks, it’s going to be a bumpy ride.”

Posted by: Mum | December 19, 2008, 10:58 pm 10:58 pm

Why do Americans like to sugar coat everything? Think if Biden says the economy is fine then everything will be OK? Think again!
Joe Biden is right. The economy is freaking tanking. That’s the fact. I know it is tanking because I am among the latest to have lost my job. And guess what? There are thousands more like me, and they know it. I don’t need a shot of confidence to know that the economy is tanking. I need a good dose of reality, and many more people should be clarmorming for the same.
I am a citizen now. But years ago before I came to America, people who had come before me and my friends, told us that when you go to America, tell them the biggest lies. They don’t like people telling them the truth.
Indeed, at my university I found that out. The foreign students that told the biggest whoppers about being descendants of kings and queens were swarmed.
What gives? The truth is the truth, and if people can’t see it, then I feel sorry for those who want to live in la-la land.
People are losing their jobs, their homes, health care and much more in record numbers. What other kind of feel good story you need before you face reality.
Businesses of all kinds — small and large, some that were institutions in small towns and big ones, too, are shutting down faster than you can blink an eye. Deal with it. The economy is tanking.
People in professions of all persuasions are losing their jobs. I have lived in this country for more than two decades, never seen anything like this before. Never. Yes, the economy is tanking!!
Say it with me and you will believe it, and maybe you will start looking for ways to prepare yourself for the onslaught. Yes, the economy is tanking.
This is what people have become accustomed to, people telling them what they want to hear and not the truth.
Barack Obama himself has said as much about the economy being in dire straits.
Newsflash: The economy IS tanking. Now!

Posted by: saybah | December 19, 2008, 10:58 pm 10:58 pm

Joe – ya gotta love’em! He’s right in 1 respect. It will tank and will collapse.
..and in the midst of all of this Congress gives itself a raise!What a bunch of Crooks!

Posted by: John | December 19, 2008, 10:58 pm 10:58 pm

If we re-did the election today, the results would be totally different.

Posted by: George Washington | December 19, 2008, 10:59 pm 10:59 pm

“In danger of tanking” ????
It IS tanking, and the only solution is not another bailout to China and Saudi Arabia and other nations that we owe to.
The American people need a do-over. All of our debt needs to be wiped out, the slate cleaned.

Posted by: JaneC | December 19, 2008, 11:00 pm 11:00 pm

Not an English teacher, just an American that is determined not to roll over and take this. You elected this guy, and no, I did not use the term socialist this time.
We will take back our country. Your welcome to be a part of it, but not under a socialist agenda. Sorry I used the S word that time.

Posted by: lee | December 19, 2008, 11:01 pm 11:01 pm

good luck in 2009, America! I left before civil unrest started. That’s sooner than you realize.

Posted by: Christian | December 19, 2008, 11:03 pm 11:03 pm

Why can’t we give a $700 Billion tax cut to working class Americans? Don’t give them cash, let them keep their money.

Posted by: papa | December 19, 2008, 11:03 pm 11:03 pm

I can’t believe America was so incredibly dumb to elect these clowns.
Political apathy at it’s finest yields gargantuan, corrupt governments.
Obama has yet to even take office and there are TWO serious corruption charges surrounding his associates and his birth certificate issue.

Posted by: RJP | December 19, 2008, 11:03 pm 11:03 pm

Hey saybah, most of the problem is immigrants that come here and abuse our generous welfare system, don’t understand the country and vote for whomever promises them the most goodies or those that come illegally and suck off the teat of 200 years of a beautiful country that has been paid for in the blood of countless patriots, my grandfather included. Stop pointing out the problem and start presenting solutions.

Posted by: Rick | December 19, 2008, 11:04 pm 11:04 pm

Is it just me, or does anyone else see all the mistakes Obama is making before he’s even sworn in? Biden as VP, Imanuel as chief of staff, Clinton as secratary of state (whats he thinking), and hiring the guys for tresury that caused the problem in the first place. Could Obama the president to fail the fastest?? Maybe….

Posted by: ynot | December 19, 2008, 11:04 pm 11:04 pm

Good for Joe for speaking truth! In my research on the web with different experts and reading, everything points to disaster. Bush and team have done a magnificent job of wrecking everything they have touched. We are in deep trouble! Let’s face up to reality folks — Bush is fiddling while Rome burns!

Posted by: ssky | December 19, 2008, 11:05 pm 11:05 pm

Instead of another stack of cash thrown around by the government, how about cutting our damn taxes and letting us dig ourselves our of the mess government created?
You know, tax rates in the eastern European mode; 10 to 20 FLAT.
Oh! I know why. If the economy takes off, people will figure out what the problem is.
Four years for the radicals and out.

Posted by: paavo | December 19, 2008, 11:05 pm 11:05 pm

I don’t find anyone in Washington intelligent enough to comprehend the problem at had, let alone solve it.
In fact, they are partly to blame for the current mess.
The only solution they have for any problem presented to them is to throw more money at it.
The scoundrels are spending endless amount of time on social and morality issues, yet hardly spent any time reading the 700 billion Dollars boondoggle they passed in October.
First came Wall Street. Next the automakers. The States, Counties, Cities, and the Print media are forming a line,…..
If the idiots follow through on all these bailouts, they will have only two choices: raise taxes or print money.
They don’t have guts to raise taxes in the current economic conditions. So more freshly printed Dollar bills will be made available to anyone who asks for the bailout. A guaranteed inflation in the near future. Also a loss of universal currency status. I don’t know if any of our trading partners want the payment in the form of printed money!
Now, about Obama. The Wall Street bailout occurred just around the time during the second Presidential debate.
I don’t know what has changed since then that has Biden and Obama singing blue now! In fact, Obama was asked specifically, if he will have to change his priorities due to dire economic conditions. He was emphatic about his plans and priorities.
Here is the prediction for the next four years: The Rich will continue to get richer. The poor will get expanded benefits and services. The middleclass and people with tangible assets will be squeezed more.

Posted by: vatodio | December 19, 2008, 11:05 pm 11:05 pm

The “Bush Legacy”, if it can be called that, is a lesson to all the mothers of America;
Mrs. Smith, if you let your little Johnnie do Pooh in his sandbox and make someone else clean up the mess, why he just might become the President of the United States of America one day, and have his butt carved on Mt. Rushmore too!

Posted by: Nordic_! | December 19, 2008, 11:06 pm 11:06 pm

Biden is an idiot and is setting the stage for Obama to spend whatever he desires to build his socialist state. This poor Republic is crumbling under its own weight.

Posted by: rplat | December 19, 2008, 11:07 pm 11:07 pm

There he goes again…
Poor Joe. He’s so insignificant he has to attempt to create controversy so he too can be in the news.
As we all know, Joe got the hair plugs without the optional brain stems.

Posted by: Ralph | December 19, 2008, 11:07 pm 11:07 pm

Hey, “oil is us”, yes the Republicans were in charge for 6 months, but the damage was already done. The Democraps had been in charge longer than that and the Democrooks were put in place before the Republicans took over. The reason the Republicans couldn’t get it controlled is that the Democraps wouldn’t let them. Even Obama demanded that more money be given out to folks that couldn’t afford to pay it back. So, now the Democraps are facing their own disaster and they will make it even worse – they’re experts on making a mess and then pointing the finger at others.
Hopefully they will have total control and there won’t be anyone they can blame but themselves. And the finger pointing will be toward them.
So, “oil is us” I think you’re on drugs since your intelligence level seems to be lacking. My head is clear and I don’t need drugs or meds and that’s how I see reality and the FACTS. I’m probably younger than you, but just more intelligent.
Now I ask you to forget to take your meds since it’s probably fried your brain. Or do you have one?

Posted by: Viktor | December 19, 2008, 11:08 pm 11:08 pm

RJP made a point i was waiting for somebody to make. Good job RJP
Staphenopoulous did ask him about that did it?

Posted by: ircknemcke | December 19, 2008, 11:09 pm 11:09 pm

We have a corrupt ship of fools about to steer our nation into a iceberg of endless spending, tax increase and a perverse social agenda.

Posted by: Steelfish | December 19, 2008, 11:10 pm 11:10 pm

The jig is up. We have arrived at the gates of hell in the hand basket. The emperor has no clothes. The failure of capitalism has happened we are grinding to the final stop.
We are broke. There is no credibility left–in any sector. We are now in a police state.
When was the last time any media representative or elected official said “we live in a free and open society”? We no longer do.
Stock your pantry and top off you gas tanks and keep some cash handy. You might need a gun, too.

Posted by: Mike | December 19, 2008, 11:11 pm 11:11 pm

Well – they lied about the real cause of our economic problems to get elected. Now they propose a continuation of the failed Bush – Clinton – Bush policies of the last 20 years. They are just creating an inevitably larger collapse in the very near future.
WE DON’T HAVE ANY MONEY! That how this mess was created. By spending money THAT WE DON’T HAVE. Anybody that claims anything else is either a fool or a liar.
Obamanonics will destroy what little value is left in the dollar. Paul Volker is not the answer – HE IS THE PROBLEM. The Fed is the real problem.
If you want to solve the real problem then STOP SPENDING MONEY WE DON’T HAVE ON GOVERNMENT PROGRAMS THAT WE DON’T NEED AND CANNOT AFFORD!
You can’t borrow and spend your way out of a depression. Your just stealing from the next generation. They are just thieves one and all.

Posted by: Emery | December 19, 2008, 11:12 pm 11:12 pm

“The economy is in much worse shape than we thought it was in.”
This is straight out of the Clinton playbook. Promise no new taxes, then get into office and claim things are worse than what you thought, and proceed to raise taxes. Just say what needs to be said to get elected, and deal with the consequences later.

Posted by: Whatever | December 19, 2008, 11:12 pm 11:12 pm

“…we’ve got to begin to stem this bleeding here and begin to stop the loss of jobs in the creation of jobs,” he said.
What the heck is he saying? When Bush says things in that way every journalist labels him dumb. I guess that makes Joey kinda dumb also.

Posted by: Burke | December 19, 2008, 11:14 pm 11:14 pm

It is great to hear a politica leader finally telling the truth!
Everyone knows the economy could possibly tank but usually political figures are trying to spin the truth.
The Republicans at the beginning of these comments are obvious “spinners” to put it politely. Of course, after the past 8 years of Republican rule and a steady diet of Fox News would make it difficult for anyone to understand direct honesty!

Posted by: Stephen Crockett | December 19, 2008, 11:14 pm 11:14 pm

Wouldn’t it be interesting to compare the deficit spending of congress over the past 20 years and see just how big the deficit was each year and then make the members follow the same guide lines they are dictating to the Auto execs; Salary cuts to $1, no private planes, and if they can’t provide a viable plan to the American people by the end of March, they should all be fired and new elections held excluding them from the ballots!!

Posted by: mutzter | December 19, 2008, 11:16 pm 11:16 pm

Biden is a rare find. He tells the truth.

Posted by: Stephen Crockett | December 19, 2008, 11:16 pm 11:16 pm

Bail me out Oh (please) Bama

Posted by: jane | December 19, 2008, 11:18 pm 11:18 pm

another gem from the dumbest man in the senate. way to go, giligan.

Posted by: dave | December 19, 2008, 11:18 pm 11:18 pm

We still have unfinished business.
9112010.com

Posted by: extrapolator | December 19, 2008, 11:18 pm 11:18 pm

Biden is so full of s&(t that he is totally transparent.

Posted by: Joe Blow | December 19, 2008, 11:19 pm 11:19 pm

I agree with the revolution ideology. It is getting to be time to through out the crap and protect our constitution and personal liberties from the Marxist/socialist, aka Democratic party and alike. The way things are going this may happen sooner than later….. Last time I read Obama hired lawyers to prevent the release of his original birth certificate, his grandmother said he was born in Kenya plus many more concerns–if it bares out that he is not a natural born citizen what do you think will happen? He is clearly a crook–he is from Chicago for god sake:)

Posted by: john | December 19, 2008, 11:20 pm 11:20 pm

rare find indeed but the problem is still getting people to work. banks don’t loan money, people don’t buy (unless they are in walmart with a cart full of ammo, spam and spray paint.

Posted by: ircknemcke | December 19, 2008, 11:21 pm 11:21 pm

I have to agree with a lot of the posters… Biden is an absolute loose cannon who needs to be muzzled. How Obama could have screwed up to this degree picking Biden is beyond me – and I voted for him/them.

Posted by: Moo Kahn | December 19, 2008, 11:21 pm 11:21 pm

Is it possible that Obama and Biden have been set up?I sure would not want to be in charge for the next 4 years.. Things are about to spin out of controll very, very quickly!! Good Luck to all of you……..

Posted by: ynot | December 19, 2008, 11:22 pm 11:22 pm

With Obama in the White House, the U.S. economy is in grave danger. Period. There is a simple and relatively inexpensive way to stimulate employment – cut payroll taxes. Instead, Obama is going to waste hundreds of billions on political payoffs.

Posted by: Asylum Aleikum | December 19, 2008, 11:23 pm 11:23 pm

The Bush Legacy Lives ON and ON.

Posted by: bluestorm | December 19, 2008, 11:24 pm 11:24 pm

john, everybody, this issue of the birth certificate is critical. i’m reading obama nation now and it is nothing short of what i expected.

Posted by: ircknemcke | December 19, 2008, 11:25 pm 11:25 pm

I thought that Obama has magic solutions to “create” jobs. As a matter of fact, he wants to spend One trillions of taxpayers’ money to “creat” 2.5 millions of jobs in the air. These jobs will not be created by Obama and instead they are bought by Obama with someone’s money. If Obama is really smart, don’t use taxpayers’ money to buy jobs. Find some real solutions.

Posted by: ABC-Joe | December 19, 2008, 11:26 pm 11:26 pm

I find it very interesting that people actually think that the republicans were solely responsible for the economic downturn. It’s amazing people only hear the medias side of the story and go with it. Now I am a conservative republican and yes I did not agree with everything Bush did but he did a wonderful job on 97% of things but he is not the only one to blame here. People research things before you speak We are in this problems due to the natural cycle of ebb and flow democrats making banks give loans to people who should have never gotten them, and then profiting of it(OBAMA,FRANK,Pelosi,Dodd etc) and then the unwholly alliance of democrats and unions and gee let me think what wlse oh yeah the fact that we as a country are so obssesed with the untrue statements of global warming that we won’t drill in this country. I am sorry I know you must think what Iam saying is wrong but look it up on unbiased web pages. It makes me sick to my stomach that bush spent so much but it was done and i made sure i spoke up but now for the dems to say they are going to raise taxes on just about everything while they get a pay raise is just absolute nonsense. i applaud the minority republicans especially in CA that speak out against raising taxes. Because remember the dems are for the poor and middle class. Well just remember who tax hikes affect.

Posted by: Puchi | December 19, 2008, 11:26 pm 11:26 pm

Sara would have been a safer choice than this FRUIT CAKE.
NOW HIS SON IS THE DESINATED DRIVER FOR SENATOR when the term is over. HOW FRIGN STUPID ARE THE VOTORS FROM DELAWARE

Posted by: STEVO | December 19, 2008, 11:30 pm 11:30 pm

Oh ya,Biden speaks the truth and no one wants to hear it just like when MxCain told them in Michigan that the problem with the auto industry was not going away and the jobs were not coming back.
Keep pretending and everything will be
OK. The Emperor’s Clothes are the most beautiful I ever saw… a naked man wearing.

Posted by: Jim | December 19, 2008, 11:30 pm 11:30 pm

I love Joe Biden. Only Republicans would think that telling the truth–which is already obvious to most–is a gaffe. I guess Republicans prefer to hear that the fundamentals of the economy are strong–sorta the Nero fiddled attitude. January 20th cannot come soon enough but I don’t know why anyone would want to be president and have to clean up after the mess of the last 8 years. I voted for Bush twice. What a huuuuuuuuge mistake I made.

Posted by: LittleRedHenSez | December 19, 2008, 11:33 pm 11:33 pm

We are so use to the golly-gee koolaid forced down our throats by Smirkey, that when an adult tells us there’s a snake in the garden, we need to listen. Go ahead and blame it on Biden and the liberal media. We’d be stunned if you did otherwise. If it were the Black Plague, would you wish no one reported it? Would it just go away if the messenger just kept quiet? Most adults are capable of looking at all the facts, and preparing for the future, which may include rescuing those with their heads in the sand……CFF

Posted by: circusfifthfloor | December 19, 2008, 11:34 pm 11:34 pm

Where are the jobs? I will leave it at that.

Posted by: singold | December 19, 2008, 11:34 pm 11:34 pm

What I’m waiting for is the weeping and wailing if and when the Perfect One gets into office and then can’t do a damn thing to stop the mess that the Democrats started (Barney Frank, Chris Dodd, Nancy Pelosi, Maxine Waters, and Harry Reid among the chief culprits)….
But you watch, because the Republicans were STUPID enough to go along with the original bungling of the “bailout for homeowners”, this economic collapse will ALL get laid on them!!
One “bright note” here is that obambi won’t know what to do either…….and his Clinton retreads are already sinking in the mire of the Chicago gangland style of political corruption that obama brought with him when he slithered into Washington!

Posted by: Pam | December 19, 2008, 11:36 pm 11:36 pm

This is a non-story.
It’s better that he says this than tells us that everything is fine. What he’s saying is true.

Posted by: Drudge Wackos | December 19, 2008, 11:37 pm 11:37 pm

I can’t believe how many people are belittling Biden for telling the truth.
After 8 years of lies, I think it’s refreshing.

Posted by: swampie | December 19, 2008, 11:38 pm 11:38 pm

Obama: Throwing worthless money at the problem didn’t work, what do we do now?
Biden: Why let’s just throw some more worthless money at it.
Obama: Holy $#”) what a great idea!

Posted by: P3epe | December 19, 2008, 11:40 pm 11:40 pm

Biden sez The economy is going to REALLY tank, so lets spend $600 – 700 billion! on what? and then what is supposed to happen? keep talkin’ Joe

Posted by: Capitalist Pig | December 19, 2008, 11:40 pm 11:40 pm

Ann Coulter had it right: with Biden as VP, Obama needn’t be concerned for his safety.

Posted by: Gift of the Maji | December 19, 2008, 11:42 pm 11:42 pm

red,
the economy started going to hell when clinton was in office.
the rubber band effect requires that ten year increments snap back to reality. clinton got us 911. sure bush was a dummy about the reaction he had on national tv reading bunny rabbit stories to little kids but the situation was foisted on him.

Posted by: ircknemcke | December 19, 2008, 11:42 pm 11:42 pm

Some dim bulb thinks Clinton would be better. How will we ever know if we had a surplus when Clinton left office? Does no one remember Arthur Anderson and their “creative” bookkeeping? All the companies that reported such high numbers like Enron, Tyco, WorldCom and their CEO went to prison. I really trust any accounting from that period. But I do know the unemployment rate was lower in 2005 than in 2000 and people were secure and gas was low and then idiots voted in the most incompetent Democrat led Congress in history and now we tank. For you too short sighted or bitter to see the truth, blame Bush. History will show the Democrats tanked the economy and led the crash of Fannie Mae. You can fool some of people all of the time and all of the people some of the time, but the truth will out. And America just vote the Chicago crime family to lead us.

Posted by: Bill L | December 19, 2008, 11:43 pm 11:43 pm

If spending vast amounts of money is a good idea now how come spending money by the trillions wasn’t a good idea before?? If spending government money is the solution now then things could only have gotten better when things were great if money was printed and spent until the presses burnt out. The truth is spending money you don’t have is a bad idea.
Now Americans are deeply personally in debt and the government is trumping them with more borrowed/printed money than ever. The outcome? The dollar will be worthless.
Happy Holidays

Posted by: Corvus | December 19, 2008, 11:46 pm 11:46 pm

‘”absolutely tanking”‘ So much for giving people the “hope” Obama promised them.

Posted by: Joe Momma | December 19, 2008, 11:46 pm 11:46 pm

I think all you Republicans posting here haven’t quite realized that nobody cares what you think. Your party is discredited, disliked and irrelevant. You’ve had your turn at bat, and not only struck out, you set the infield on fire. Now, please shut tfu, and leave straightening out your mess to the grownups.

Posted by: balthus | December 19, 2008, 11:47 pm 11:47 pm

Are you people serious? I dont want Biden or some politician to LIE to me. Tell me how it is Joe! No sugar coating! Fine the economy is tanking, I think everyone knows that by now and if they are too afraid to admit it, oh well! He is telling you how he and Obama will fix it too! Jeez people are so afraid to hear bad news, get used to it!

Posted by: Stephen | December 19, 2008, 11:50 pm 11:50 pm

btw, i’m a card carrying republican because i believe in the second amendment. i’m also agnostic to religion but believe in no abortion except for rape or health related danger to the child. i believe if you want to smoke a big fat doobie that is your right. i don’t believe in hard drugs. i believe joe biden is telling the truth but that is old news — old news of eight years ago. the economy tanked back in 2001. it will only come back when people stop the chicken little dance and start working again. that is likely not to change because of the fact teachers are teaching socialism to little kids — not to mention boinking them. joe and obama cant fix that.

Posted by: ircknemcke | December 19, 2008, 11:51 pm 11:51 pm

1) Eliminate all Medicare programs including MediCal
2) Scale back military-industrial complex, all troops return to USA – no more nuclear subs or carriers
3) Reduce salaries for all city, state, federal salaries – Police should earn not more than $50K year
4) Re-negogiate all civil servant and military retirements, no more than $40K per year in aggregate – cancel double-triple dipping
5) Stop taking heroic efforts to save geriatric patients already at death’s door – it robs young families
6) Create new silver-backed or land-backed currency – coins can be some percentage of silver
7) Government should take trillions saved and pay down debt and finance K12-PhD education
9) Hang by the neck until dead in public convicted corrupt politicians and finance scum bags
10) Person filing for divorce automatically loses custody of kids for being a quitter unless severe physical abuse is proved
11) Dual-citizens CANNOT hold public office, contribute to political campaigns, or own media stock
12) Only individual citizens can contribute to campaigns and have a $5,000 limit – no bundling
13) Release all non-violent dope-smokers, dead-beat moms from prison – kids need them more than jail unions
14) Doctors or researchers receivng Grants or Speaking fees on behalf of big pharma lose their license forever
15) All able-bodied unemployed sign-up for new Civilian Corps for food stamps and shelter
16) Army Corps of Engineers builds new Civilian Corps Communities for needy able-bodied unemployed

Posted by: Sweet Sixteen | December 19, 2008, 11:52 pm 11:52 pm

amazing how the Repukes come out of the woodwork like the termites they are. It’s nice to hear truth, even if it hurts. You Freeper sheeple just want 8 more year of Bush/Cheney lies until your neo-con Ponzi-schemes are again unsustainable & the excrement hits the air-conditioning unit (as Kurt Vonnegut used to say).

Posted by: Carl Christensen | December 19, 2008, 11:52 pm 11:52 pm

Biden should just realize it’s best when he doesn’t talk. He wasn’t picked for his ability to do anything, but rather to solidify the catholic white vote.

Posted by: andy | December 19, 2008, 11:53 pm 11:53 pm

Wait a minute folks… Haven’t you heard what Biden’s been saying to us all? Has no understood?? Why are we not hearing anything about this from the Major News Media?? In October Biden “guaranteed” us, there’s a “Generated Crisis” coming. Collin Powell nailed the date, two days later – January 21 or 22. Now Biden AGAIN reitates, i.e., ‘the ECONOMY’S GOING TO COLLAPSE!’ What do you think that means?? Here’s what it means: The Dollar is about to be de-monetized! That means, all those ones & fives & tens in your wallet are about to become absolutely worthless – not worth the paper they’re printed on! And do you suppose people are going to be upset about it? Why do you think the Pentagon has mobilized 20,000+ combat troops to ‘help maintain order’ in American Cities, in the coming weeks & months?? Why do you think Biden spoke in October of the fact the new Administration won’t be very popularly supported by the American people, initially?? C’mon, People! They’re Planning For War Here! It’s time you WAKE UP & GET READY FOR IT! It’s Coming! ‘Gird Your Loins,” Indeed!

Posted by: rogindaUP | December 19, 2008, 11:55 pm 11:55 pm

no sh..t sherlock! and obumma in the Blight House with fish lips queen michelle..America will be in the “tank”
for decades UNLESS ‘we the people” get rid of demonrats in 2010 and obumma maybe sooner ala Nixon! this little boy obumma is in WAY OVER HIS HEAD! His training wheels won’t fit the job is so
eagerly wanted.

Posted by: dumdems | December 19, 2008, 11:56 pm 11:56 pm

Stephenopoulos worked for the Clinton administration – what credibility does he have?
Like most major network commentators he used to work for the Democrat party. In fact, the last election showed that the major networks are really nothing more than the media arm of the Democrat party – the patina of objectivity, which was always very thin, wore away entirely.
So…if you are conservative..ask yourself why are you and your family watching or listening to programming put out by major networks, CNN, Hollywood movies, Time, Newsweek, New york Times et als? Stay away from it! Without conservatives, the major media will fod like a cheap suit. And, by the way, demand programming geared to conservatives.
Viva the new media!

Posted by: B. Samuels | December 19, 2008, 11:57 pm 11:57 pm

Shh Biden. You are shocking the American people with your frank truth telling. After years of being lied to and conned, you need to ease back into treating the American people like adults; especially our Republican friends.

Posted by: Poyda | December 19, 2008, 11:58 pm 11:58 pm

I’m always amazed at the ‘intellectual’ liberals who are oh so much smarter than the rest of us – yet are too stupid to know that Congress controls the purse strings, Congress passes legislation – CONGRESS SPENDS THE MONEY. But, don’t let a little thing like facts get in the way of your childish “it’s all Bush’s fault” whining – it only proves what most of us know; you’re too stupid to have an opinion that anyone should have to listen too.
Biden is an idiot – he may well be right about this one thing, but he is a complete moron, a liar, and a slime bag but then he’s no slimier than the media created, empty suited charlatan that the US media breached the public trust to get elected.
Of course they’ve already got their built in excuses ready, they know they can’t do what they promised and they know things will get worse if their plan is implemented – but they don’t care! The goal of the dems is complete governmental control, go ahead, bury your head in the sand – just ask yourself this “if the republicans were trying to push this would I be OK with it” – unless your brain dead or stupid the answer is NO!

Posted by: DJH | December 19, 2008, 11:59 pm 11:59 pm

If only Palin was our VP, ; she would know how to handle this crisis.

Posted by: Genius | December 20, 2008, 12:01 am 12:01 am

Balthus, you’re living in a fantasy world.

Posted by: Le | December 20, 2008, 12:02 am 12:02 am

sweet sixteen. good ideas. that was an original thought right? good stuff.
it’s a mix of left and right ideas. tell us..what side of the fence are you on?

Posted by: ircknemcke | December 20, 2008, 12:04 am 12:04 am

Shh Biden. You are shocking the American people with your frank truth telling. After years of being lied to and conned, you need to ease back into treating the American people like adults; especially our Republican friends.
Posted by: Poyda | Dec 19, 2008 11:58:37 PM
Yeah, cause good ol biden is looking out for all of us. HA! The Day any politician tells the truth the world will implode.

Posted by: CooterJenkins | December 20, 2008, 12:05 am 12:05 am

Like Tommy Lee Jones said, “If this ain’t a mess, it’ll do till the real mess gets here”. I now see where all the MBA economists went after voting for McCain/Palin. Here, posting their talking points, with no credentials other than listening to Boortz and Hannity. Nice try girls…..CFF

Posted by: Circusfifthfloor | December 20, 2008, 12:05 am 12:05 am

Le,
Why is Balthus living in a “fantasy world”? Back up your mindless insults, moron.

Posted by: Smarter than Le | December 20, 2008, 12:06 am 12:06 am

Hey, our economy is great down here in the good ole religion gun clinging Texas. But, then again, we are run by CONSERVATIVES. Funny how that works. Joe, why don’t you do another failed presidency attempt so you can line your family’s pockets with federal funds. I don’t think 2 mil will hold them out from your last pitiful run you hack. What, you say that we should be patriotic and pay our fair share? FU!!!! Learn how to govern J4ck4ss.

Posted by: ryukyu | December 20, 2008, 12:07 am 12:07 am

Biden is speaking a painful truth. But the fact is we are heading right into a Great Depression. Once the commerical real estate parket implodes in February-March ’09 this economy is going to sink into the Big “D”. I supsect more booze and pot will be consumed this Xmas/New Years than at any other Holiday time in recent decades. Tis the Season!

Posted by: Sterling Chan | December 20, 2008, 12:09 am 12:09 am

Biden should have done a McCain:
“The fundamentals of our economy are strong”!
Sweet Jesus.

Posted by: ryokyu is an idiot | December 20, 2008, 12:10 am 12:10 am

I get such a laugh when I see Obama speak and the podium has his “Office Of The President Elect” sign on it. Reminds me of a Saturday Nite Live Skit, it just cracks me up! Maybe they could make up one for Biden too “Office OF The Vice President Elect”… It’s way to funny, who does stuff like that??

Posted by: ynot | December 20, 2008, 12:12 am 12:12 am

Please hurry up Obama. I am planning on buying a big plasma screen and I want to pay for it with that “check” you promised me. Hurry or I will have to file bankruptcy and you can bail me out and end of paying for it anyway. Send me the check right after you get us out of Iraq on day one.

Posted by: theporch | December 20, 2008, 12:15 am 12:15 am

That would be the person holding the “Office of the President Elect”.

Posted by: ynot is a retard | December 20, 2008, 12:16 am 12:16 am

When did Obama promise you a check or to get us out of Iraq on day 1. In the days of the interwebs it shouldn’t be too hard for you to back up your smart-ass based idiocy.

Posted by: theporch, we are over here | December 20, 2008, 12:18 am 12:18 am

“amazing how the Repukes come out of the woodwork like the termites they are. It’s nice to hear truth, even if it hurts. You Freeper sheeple just want 8 more year of Bush/Cheney lies until your neo-con Ponzi-schemes are again unsustainable & the excrement hits the air-conditioning unit (as Kurt Vonnegut used to say).”
Which book was that Carl? Vonnegut has been called on the floor repeatedly for not knowing what the hell his point was in many of his books. Each time it was something different. Don’t worry, us Repugs will still work so you don’t have to. You are perfect fodder for on of Bill Ayers reeducation camps. I bet you have a Che’ shirt don’t you? Come on admit it.

Posted by: ryukyu | December 20, 2008, 12:18 am 12:18 am

Obama picked Biden because he’s the only one that makes Obama look good. This guy is a major idiot.
It hard to look stupid when your standing next to a clown.

Posted by: jay | December 20, 2008, 12:18 am 12:18 am

Refreshing candor from the Veep-elect. Biden is a jewel. I look forward to his “tell it like it is” approach in poignant contrast to eight sorry years of Bush-Chaney-Rumsfeld-Rice & Gonzalez duplicity.

Posted by: chetking | December 20, 2008, 12:19 am 12:19 am

President-elect Obama apparently has chosen Chicken Little as his VP.

Posted by: Sigmonde | December 20, 2008, 12:19 am 12:19 am

I haven’t read all the comments but I’m wondering…Anyone give Mr. Biden a little credit? Strategically, it’s good for Bad news to come from VP vs. Pres; tests the waters for the idea, does not sully our anointed one…

Posted by: Scott Schoenherr | December 20, 2008, 12:20 am 12:20 am

“It hard to look stupid when your standing next to a clown.”
That’s why McCain should have been elected, because he managed to pull it off.

Posted by: jay the philosopher | December 20, 2008, 12:21 am 12:21 am

I cringed when I saw that Obama and Biden were elected. Up here in Michigan, we’ve been in a recession for years, with unemployment above 8 percent for the past year. We’ve also been run by Democrats for years. Now the rest of the country can look just like Michigan.
They keep re-electing the democrats up here, just like MA did with Barney Frank after the banking scandal broke loose. This country is in DEEP.

Posted by: pinger | December 20, 2008, 12:21 am 12:21 am

ircknemcke: My own ideas written in about 3 minutes, but developed over 10 years. No party represents me or you apparently. The Democrats and Republicans should be indicted under RICO law. I designed my own idea for government at mivini.com – nobody visits the site of course.

Posted by: Sweet Sixteen | December 20, 2008, 12:21 am 12:21 am

The economy is tanking because government can’t control its spending. Government solution to the problem? More spending! Idiots not intellectuals.

Posted by: tannasam | December 20, 2008, 12:22 am 12:22 am

Oh I forgot- Obama changed his story about Iraq after he defeated Hillary. Then changed it again after he beat McCain. Sorry- there is that better. Oh and he was not going to vote for the FISA bill either. But that was just to beat Hillary also. Oh and he wants to give illegals drivers license. Those are some facts if you have an open mind and believe what the messiah says or you just like how he repeats lines on a teleprompter.

Posted by: theporch | December 20, 2008, 12:22 am 12:22 am

**Office Of The President Elect**
**Office OF Vice President Elect**
**Office Of First Lady Elect**
Thank you Barack for making us laugh!!
You , Michelle, and Joe should make for some real good comedy material. It’s great to see that Washington is still full of people with big egos and small brains, It’s very re-assureing…..

Posted by: ynot | December 20, 2008, 12:23 am 12:23 am

Do you notice when a lib doesn’t like what you say they immediately do the name calling thing. You can almost see them getting red in the face and out of control.

Posted by: theporch | December 20, 2008, 12:24 am 12:24 am

Don’t need an open mind, just a link to a news article. Come on, don’t be shy. The intergoogles can find material that predates Obama’s victory of Hillary. Day One! A check for you! Where are the references big boy?

Posted by: theporch, we are over here | December 20, 2008, 12:25 am 12:25 am

You know what I’m going to like about the disaster we’re about to experience is that the “stupid” generation voted this Allah into the White House. They now have the majority and it will show once and for all that the Democraps have caused the current crisis and will continue to contribute to the crisis since the idiots. They have “warm and fuzzy” feelings but no sense of reality.
All I can say is Osama is happy that Obama is our president. Osama is aware of reality and Obama isn’t. When Obama was exposed to our security issues, he peeded in his pants cause he saw reality and realized he had to keep Gates rather than putting in one of his “warm and fuzzy” idiot Democraps – can’t we just all get along?
But, it’s too late – trust me. Reality will be revealed shortly and the “stupid” generation will be blessed by Allah. And you know what Allah thinks about the “stupid” generation.

Posted by: Viktor | December 20, 2008, 12:26 am 12:26 am

Asking people to back up nonsense claims is not insulting. Spewing nonsense claims is, however.

Posted by: theporch, we are over here | December 20, 2008, 12:27 am 12:27 am

I guess I have you backed into a corner. You keep up the name calling. You seem so frustrated. Most libs are angry anyway. But I think you could be a nice person.

Posted by: theporch | December 20, 2008, 12:29 am 12:29 am

WOW…I never saw so many negative comments on someone who is telling the truth…are you all so brainwashed now that you actually want politicians lying, and when they dont you slam them ??
Wow…News flash, the economy is tanking…really I didnt know until Joe Biden said it, I guess now its real ???
Im not saying Biden is a scholar, but I would rather an idiot tell me the truth rather than a genius lie to me !!
You are all so brainwashed…think about it…and if you think the bailout will help the economy you are dead wrong there too

Posted by: jak | December 20, 2008, 12:30 am 12:30 am

I have serious doubts that Biden understands how to fix our economic problem or even understands the problem to begin with. His idea is to throw money at the problem. Other people’s money. Your money. He is just as clueless as Obama.

Posted by: Sigmonde | December 20, 2008, 12:30 am 12:30 am

Remember Joe, the folks have known the economy was tanking long before you did. They will know when it begins to recover long before you will. Is there a politician out there who can provide some sentiment of HOPE? We live in the greatest nation in the entire world. Yes, the markets are struggling. The people of this country are strong, innovative, creative, hard-working and strong. Our faith in God will sustain us and we will soon be out of this mess. I beg the politicians to let the market work itself out. Trust God and trust the people of this great nation. The Democrats seem to have lost their faith. I pray they find it soon. We need strength in government not fear!!!

Posted by: Jon | December 20, 2008, 12:31 am 12:31 am

McCain was lambasted for choosing Palin as his running mate. Obama made a worse choice with Joe Biden. Can any of you imagine Biden as President? Biden has no idea what he is saying. He just likes to hear himself talk. Heaven help us all!

Posted by: Disgusted | December 20, 2008, 12:32 am 12:32 am

Based on some of the comments it would appear that some believe the “VP” could do anything to ensure the tanking of the US economy. Quite the contrary, indeed, for it is these same people -both those that belive such – and those who would desire to be believed have anything to do with the systematic destruction of that which most have taken for granted. The economy will tank, and make no mistake, Biden and the rest of the talking heads who have been gutless and selfish while allowing it will convince the same (ignorant and equally gutless) people that the martial law is unpopular but “neccesary”. Give me a break! Biden is nothing more than a paid lackey who wouldn’t know the constitution if it ran over him…furthermore, his work as has been demonstrated by his “record” has reflected the systematic deconstruction of it and the American experience it was intended to safeguard.

Posted by: roninmaximus | December 20, 2008, 12:32 am 12:32 am

I think maybe Joe has had to many hair plugs. Seems like there is something lacking there.

Posted by: theporch | December 20, 2008, 12:33 am 12:33 am

George,
Just curious… have the Obama people fitted you for a dog collar and leash of the appropriate length? Also, I’m interested in the technique you use for maintaining a straight face when others call you a “journalist”. Finally, when can we expect you step back into the revolving door of the mainstream media and the Democratic Party?
Yours Truly,
Sycophant In Training

Posted by: Steph | December 20, 2008, 12:34 am 12:34 am

Straight Talking Joe! What a pleasure than the usual silenece or BS! Compared to Cheney anyone who dares criticize Joe Biden has loose screws! The problem with most republicans is that they don’t care about the American people. Country First my eye! All they care about is their bank account and when all comes crashing down on them personally they blame it on the other party. Is half of the US really that stupid? Absolutely, if not they would have already demanded an investigating on Bush, Cheney and Rumsfeld. Crooks!

Posted by: Ana | December 20, 2008, 12:37 am 12:37 am

I think Joe might be fun to have a beer with but a heartbeat away , wow now that is scary. But then rethinking that, We probably would be better off. He probably knows how many states we have. uh , uh uh, “where is my teleprompter David”??

Posted by: theporch | December 20, 2008, 12:38 am 12:38 am

There are plenty of comedic takes on Obama- the liberal media are still too smitten at this point to comprehend them. “Changiness” would be a good start. Plus the difference in Obama with a prepared teleprompter speech and without…ahhh, uhhh, uhmmm, ahhh, uhhh, ummm, ahhh…. How his middle name was a dirty word during the campaign but has recently become almost in your face sacred. Also “WORM” which means “what Obama really meant.” On and on really. Oh – and does his whole crew take themselves just a bit too seriously or what?

Posted by: Grace | December 20, 2008, 12:41 am 12:41 am

Nothing like some postive thinking there. Go Plugs.

Posted by: maria | December 20, 2008, 12:43 am 12:43 am

The United States of America just elected a Marxist president. This is the most profound worldwide change in economics and politics since WWII. The collapse of the Soviet Union is peanuts in comparison, in terms of effect on the world.
The NYT, the Marxist professors and their students, and Blacks may have elected Obama, but they are not generally investors.
Investors have taken massive amounts of money out of the markets, resulting in a worldwide markets crash in the range of $30 trillion and counting. No investor is willing to leave his assets exposed to Marxist incompetence, corruption, or confiscation. Obama may have thought it a good idea to spread Joe the plumber’s wealth around, but millions of investors with trillions of dollars at stake declined to share Joe’s fate.
The Fed is desperately pumping dollars into the banks and financial institutions to provide liquidity, because lack of liquidity was a major factor in the Great Depression. But it is now sinking in that no one wants liquidity, because no one has anything they want to invest in. Investors that took out their funds were looking for security, not for investment opportunities. So corrective actions are having no effect, and what we learned in the Great Depression is not what is needed when confronting a Marxist government in the USA.
Biden is lacking in tact, finesse, savvy, and understanding, but in his crude way he has somehow managed to observe and express an increasingly obvious fact about our current predicament. There is no way out for Marxists.
So, how many times have we already learned that?

Posted by: Draconis | December 20, 2008, 12:44 am 12:44 am

Hi Folks,
Ana’s mom here. Acting against the advice of her medical provider, Ana has stopped taking her Lithium.

Posted by: Ana's Mamma | December 20, 2008, 12:44 am 12:44 am

theporch – just use the interyahoogoogle thingyjig before you post. It saves you looking like a fool.
Meanwhile, I will continue to work through my anger. It is so hard for me looking for to inauguration day. I just want to smash something. We look like we are even going to win the recount for Franken’s seat. I am so angry. If only I could be a laid back as all those gun-totting republicans who are celebrating their massive defeat every night. The parties never end.
Ah, the misery of success.

Posted by: theporch, we are over here | December 20, 2008, 12:44 am 12:44 am

Well said Joe. The truth doesn’t sit well with our Republican friends but then, many of these folks voted for Bush twice. “Absolutely tanking” sounds about right, we’re in pretty deep crap and respect to Joe for not mincing words.
Bush would still look you in the eye and say “things are really looking up!”

Posted by: infostash | December 20, 2008, 12:45 am 12:45 am

McCain: “The fundamentals of our economy are strong”.
Biden: “The economy is in danger of absolutely tanking”.
Get Biden!!!!!! He’s a moron!

Posted by: theporch, we are over here | December 20, 2008, 12:49 am 12:49 am

Thank you Draconius. You are a true genius.

Posted by: Draconis says what all true Republicans believe | December 20, 2008, 12:53 am 12:53 am

hahahahahahahahaha.
I am the winner!

Posted by: I have defeated you all | December 20, 2008, 12:54 am 12:54 am

What O’Biden forgot is that the election is over and 8 years of Bush Bashing too….. The mantra of the past 8 was everything is terrible, ole Joe is still preaching to the choir except it is now his choir!

Posted by: Jay | December 20, 2008, 12:56 am 12:56 am

Hey followthelight
I’m with you.
And on 11/8:
Saturday, November 08, 2008 at 9:48 p.m.
QUINCY, IL — Now that Barack Obama will be moving to the White House, his seat in the U.S. Senate representing Illinois will have to be filled.
Obama met with Governor Rod Blagojevich earlier this week to discuss it. …

Posted by: DarkShadows | December 20, 2008, 12:56 am 12:56 am

Draconius is a wise man… What do you think the future holds for the USA?

Posted by: ynot | December 20, 2008, 12:58 am 12:58 am

I SERIOUSLY think Obama was strategic in picking this foolish moron as his VP – remember the Bush 41 with Quayle effect – Quayle was so green at a VPOTUS level, and for sure as POTUS material, that the elder Bush must have smiled to himself and thought “no one will attempt to assassinate me, with Danny waiting in the wings” – like the principal in the movie “The Breakfast Club” says to Carl the janitor – “this is the thing that scares the hell of out me, and wakes me up in the middle of the night, Carl!”
I think Americans would have the hell scared out them (way worse than the socialist we ARE getting) IF Joe Diarrhea-of-the-mouth Biden had to become POTUS…..he would make GWB look like an Harvard intellectual…even though GB graduated from Yale.

Posted by: Frank W. | December 20, 2008, 1:00 am 1:00 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:00 am 1:00 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:00 am 1:00 am

Say it ain’t so, oh not-so-bright Joe. I think the Messiah might have to throw the muzzle back on you, for having another Biden-ism. I hope you don’t accidentally tell all your grandkids that Santa isn’t real either.

Posted by: Cris | December 20, 2008, 1:00 am 1:00 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:01 am 1:01 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:01 am 1:01 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:01 am 1:01 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:01 am 1:01 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:02 am 1:02 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:03 am 1:03 am

Dems- quit complaining. Biden is only telling the truth, which you obviously can’t take. There aren’t many in either party that do that. You should have had Biden at the top of the ticket instead of the idiot you gave us.

Posted by: Ben | December 20, 2008, 1:03 am 1:03 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:03 am 1:03 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:03 am 1:03 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:04 am 1:04 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:04 am 1:04 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:04 am 1:04 am

Tsk tsk tsk. Where are all of these comments coming from. I sat back and watched BUSH abd his political team for 8 YEARS!! Mission Accomplished. Katrina. Iraq. Economy. And I have never read such words of wisdom.
I mean complaining. To All of those who coted BUSH and REPUBLICAN for 8 years…THANKS!!!
I have not forgotten who put them in office. and kept them there.

Posted by: TruthHurtz | December 20, 2008, 1:05 am 1:05 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:05 am 1:05 am

I can think of just three letters to describe Biden – N U T S.

Posted by: Sammy | December 20, 2008, 1:05 am 1:05 am

I can think of just three letters to describe Biden – N U T S.

Posted by: Sammy | December 20, 2008, 1:05 am 1:05 am

xinunus… I’m not sure that they keep that good of records in Kenya!!

Posted by: notme | December 20, 2008, 1:05 am 1:05 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:06 am 1:06 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:06 am 1:06 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:07 am 1:07 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:08 am 1:08 am

$1000 Dollars to tell me who you voted for 8 years ago. 4 years ago??
X-ainus??

Posted by: TruthHurtz | December 20, 2008, 1:08 am 1:08 am

Thanks for the positive words Vice President Potter…I mean Vice President Biden.

Posted by: Jack | December 20, 2008, 1:09 am 1:09 am

Since we live in the new “enlightened” age, where right and wrong is defined however you like. Who cares if people lie, cheat, and steal, in the process creating economic devastation. They can’t help it, they were born that way.

Posted by: RS | December 20, 2008, 1:10 am 1:10 am

during ww2 factories retooled to make whatever was needed to win the war. Now, they should pick one of the car companies to retool and begin producing solar panels. Production on this scale will bring the price down. htis helps us: win the war on terror, cut pollution, make heating and cooling affordab le etc etc
also: give a few billion to the Small business administration for direct, ultra low cost loans. Creates jobs and averts the collaps of hte commercial real estate market. Get the money back into the heart of our neighborhoods.

Posted by: angelina jolie | December 20, 2008, 1:10 am 1:10 am

$1000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED OBAMA!!
$1000 DOLLARS

Posted by: xinunus | December 20, 2008, 1:11 am 1:11 am

xinunus********
Obama was born at Ojanjo Hospital in Kenya, his doctor was Dr. Ocaadge. Do you need a routeing number to wire the cash to my bank?

Posted by: notme | December 20, 2008, 1:13 am 1:13 am

Mr. Wee Wee sez “YOU GO GIRL” and “Mr. Wee Wee cannOt wait to be under Barack’s loving cOmmand!”
YOU GO GIRL!

Posted by: Mr. Wee Wee | December 20, 2008, 1:13 am 1:13 am

Biden is a hair plugged, fundamentalist leftist buffoon, serial plagiarist and the Soviet Union’s chief useful idiot. He’s been wrong about every significant issue for the last 35 years. He was on the wrong side of the Cold War and America’s efforts in fighting the Cold War. He was on the wrong side of Saddam Hussein’s invasion of Kuwait and America’s liberation of Kuwait. He was on the wrong side of America’s efforts against Iraq and America’s enemies throughout the entire world. He was on the wrong side of ….

Posted by: Tom | December 20, 2008, 1:14 am 1:14 am

Biden is right the US economy and the world’s is in danger of serious deflation -tanking. Krugman thinks were in a liquidity trap, as do a number of top guys, including Bernanke. Every government and central bank around the world is trying to stimulate their economy. Biden is just being frank. He doesn’t realize how ignorant most folks are.

Posted by: Bart Stratton | December 20, 2008, 1:15 am 1:15 am

If the fundamentals were not sound then clueless moe biden would have told us about his tanking economy at least three years ago. Also I thought stinky BO was on the ball full of hope, yes we can nonsense etc. Audacity indeed! HA!!!

Posted by: Biden the moron | December 20, 2008, 1:15 am 1:15 am

Bart Stratton*****
Did you ever notice how liberals call everyone that disagrees with them “ignorant”? Seems to be a liberal trait…….

Posted by: youtoo | December 20, 2008, 1:19 am 1:19 am

So you folks don’t like the truth. You slam Biden for saying the economy is tanking, we4ll the GOP been telling us how good it is for years.
You are like children grow up.

Posted by: Thinking | December 20, 2008, 1:20 am 1:20 am

Thinking…… Are you really???

Posted by: youtoo | December 20, 2008, 1:21 am 1:21 am

If moe biden was telling the truth then he would expound upon how unqualified stinky BO is for potus.

Posted by: Biden the moron | December 20, 2008, 1:22 am 1:22 am

Biden is right about the big fat elephant in the room. But did he have to talk about the smell too?
The old business model does not work anymore. We must go GREEN!
For example, all existing buildings must be converted to energy efficient ones under the LEED system. this alone will create millions of jobs.
Homeowners stuck in high interest rate ARMs with mortgages greater than current home values must be allowed to modify their loans down to the current enterest rate of 4.5%
Credit card companies must be forced to reduce their interest rates to single digits as well.
Once the financial pressure is off the homeowners, the economy will get better.
This can happen in as little as six months.
Biden was right to sound the warning bell.
He was wrong not to offer credible solutions.

Posted by: Kevin Schmidt | December 20, 2008, 1:23 am 1:23 am

At saddleback B Hamas Obama stated that marriage is defined as between a man and a woman. Then Hamas Obama says he is against prop 8. What gives? I guess Hamas Obama does not tell the truth like moe.

Posted by: Biden the moron | December 20, 2008, 1:27 am 1:27 am

Give me the $1000 dollars….I FOUND the hospital in Kenya where he was born – to ONLY one American parent, and a Kenyan/British subject father. Also, I should get a “bonus” $1000, since I found the Indonesian govt office where his mom, Anne Dunham, signed wedding papers to marry his-step dad, Lolo Sotero, and officially become Indonesian citizens (ooooops, surrending the natural-born citizen right, IF he ever had it to begin with – see the little pesky Kenyan thing above) so that lil’ Barry could attend a school there, in which you HAD to be an Indonesian citizen to be enrolled. So, I definitely should get an extra $1000 for that….and perhaps another $1000, since Barry traveled to Pakistan in the 1980s when U.S. citizens were NOT even allowed to enter the country. So, Barry, I guess that dual-citizenship and passport from Indonesia came in handy, huh? This HACK will become the first POTUS usurper….USURPER!….in our 230 + years. And, after in office, when it all comes out, anything he signs into law is meaningless, all NULL & VOID…..think about THAT, boys & girls!

Posted by: Frank W. | December 20, 2008, 1:28 am 1:28 am

Buy Gold or Silver, store food, store water, and ofcoarse buy some weapons. That’s my advice for the next several years!!! There is a very thin veil between civilization and anarchy……

Posted by: ynot | December 20, 2008, 1:31 am 1:31 am

the truth stinks, but somone has to say it. thanks Joe cause Bush took two years to say recession. The dollar could be worthless by Jan 20.

Posted by: RJII in DC | December 20, 2008, 1:32 am 1:32 am

frank is correct null and void! so do not spend that 40 acres and a mule too quickly.

Posted by: Biden the moron | December 20, 2008, 1:32 am 1:32 am

Hello, again Mr. Mondale…errr… I mean Biden and welcome to the Carter..errrrr…Obama administration! I’ve lived through this before. Welcome to the 70s morons!

Posted by: ron | December 20, 2008, 1:33 am 1:33 am

The most left wing radical in the senate teaming up with the biggest idiot in the senate…this is gonna be good…

Posted by: Tarantula | December 20, 2008, 1:36 am 1:36 am

Bell bottoms, silk shirts, hippies smoking grass and hating the man and disco. no thanks then and now!

Posted by: Biden the moron | December 20, 2008, 1:37 am 1:37 am

God what losers there are on this blog. You all sound just like the GOP. Negative,

Posted by: Thinking | December 20, 2008, 1:39 am 1:39 am

Biden should die of stomach cancer

Posted by: Joe Rosio | December 20, 2008, 1:41 am 1:41 am

Biden should die of stomach cancer

Posted by: Joe Rosio | December 20, 2008, 1:41 am 1:41 am

negative is better than progressively stupid

Posted by: Biden the moron | December 20, 2008, 1:41 am 1:41 am

Biden should die of stomach cancer

Posted by: Joe Rosio | December 20, 2008, 1:41 am 1:41 am

Negative? Are you saying Biden is actually in the GOP? You did read the above article, right?

Posted by: Tatantula | December 20, 2008, 1:42 am 1:42 am

Yep. Gonna be a real experience. I knew we were close to a stupidity tipping point, but I didn’t realize it was going to be this soon. (RE: Stupid people have lots of kids, the intelligent, usually one, two or none at all. Theoretically, we would eventually be outnumbered by the knuckle-scrapers.)

Posted by: ron | December 20, 2008, 1:44 am 1:44 am

I loved when Biden said “Stand Up Chuck” and ofcoarse Chuck was handicaped and in a wheel chair. Or maybe when he said his plane was forced to land because of gunfire, he just forgot it was because of weather. Or maybe when said Obama was a clean black man. Love ya Joe you make us laugh out loud. I just hope you dont plan on doing anything important to national security and for God sakes stay away from the nuclear codes!!!

Posted by: notme | December 20, 2008, 1:46 am 1:46 am

Good on Biden, I guess. Maybe it’s another reason posted for an interventionist, activist government. Well, if the economy’s really tanking, then we need an overhaul: much less of government regulation so the investors and entrepreneurs can move forward. We’re just about at the end of the Bushian experiment of Big Government, and it’s not brought us much. Yes, we’re expanding the Empire (whoopee!) and making the bomb-makers earn their pay. We’ve created a monstrous department of Homeland Security which is a socialized form of strip-search and group-grope. Great! If only we could create a welfare scam that was as useful and served a purpose.
So now, the economy is tanking. Curious that we’ve exported so much manufacturing and business overseas, with tax credits, authorized by Congress, of course–but we failed to secure the Empire. I mean, if you don’t OWN the land on which your businesses work, then you can’t claim the profits for your economic system. A Burger King in China is not the same as a Burger King in the US, unless one owns China. The monies have to be exchanged, and there’s the problem. I guess we got ahead of ourselves: we thought we owned the planet, but we were mistaken.
So it is up to the international “alliance” of nations (take your pick, G-7, G-8, G-20, or whatever) to create some unified problems to work on: global warming, green energy, recycling, international peace, and so forth. Well, there’s a war on everything one can think of. This is Biden’s gift: a war on the tanking world economies. Jesus, can’t the Elites find some video games to entertain themselves? The world would clearly be better off; and it would function much more efficiently.

Posted by: Scott Harmon | December 20, 2008, 1:46 am 1:46 am

60 million Americans dont trust or like Obama or Biden. I’m sure they’ll get the same treatment that Bush got from the Dems. You see it is easy to win but very hard to lead, especially when 60 to 80 million people are against you!

Posted by: whynotyou | December 20, 2008, 1:52 am 1:52 am

I’m in advertising and trust me… perception is everything. When you talk negative, you bring negative.
I’m sure lots of Super Bowl champs have lamented how their losses were pre-ordained before they took the field.
These guys are playing to lose HUGE, so when they do fail, it won’t look nearly as bad.
I’d rather be like Brett Favre and throw a few picks trying to win, than Aaron Rodgers and have great stats and consistently lose.
Listen to them… really listen. This is the most negative administration since 1976. (For those of you too young to remember, the most horrifying four years, economically, since the Great Depression)

Posted by: ron | December 20, 2008, 1:56 am 1:56 am

It is an obvious strategy. Pour-mouth the economy to drive it down further… so Obama looks like he did something when the economy returns next year. The truth is, the economy will come back no matter what he does. These things cycle around. High gas costs this summer + financial meltdown = what we’re in right now. Gas is back down and the market will stabilize itself. Let the auto makers go bankrupt and re-organize. US Steel did that years ago and now they are booming. Don’t be fooled by all the “sky is falling” theatrics. They know how to play the game. Its all a major hoax just like global warming.

Posted by: Joe | December 20, 2008, 1:56 am 1:56 am

$700 billion stimulus package…that’s interesting, since the government can’t put one single dollar into the economy that they didn’t already take out of the economy in the first place…

Posted by: Tarantula | December 20, 2008, 1:58 am 1:58 am

Hey kiddies… did you ever sit in line waiting for gas? Do you remember service stations? Of course, you don’t… Carter’s policy’s utterly destroyed that industry. (a small business industry) All the locally owned service stations went out of business and were replaced by corporate self-service operations.
Over $2 for a gallon of gas in 1979! That’s equivalent to $10 now.
Carter out… Reagan in in 1980… positive message, full of optimism… Gas drops dramatically, hostages freed, economy recovers and American pride restored. (For a slice of how down the U.S. was at the time, give “In America” by the Charlie Daniels Band a listen. Nice little time capsule of a song for how everyone in this country felt. I’m afraid we’re back to that point once again.

Posted by: ron | December 20, 2008, 2:03 am 2:03 am

The U.S. war criminals MUST be arrested! Bush, Cheney, Rumsfeld, Rove, Gonzalez, all of them. We arrest war criminals in other countries…but of course no U.S. officials ever commit any. Talk about hypocrisy.
Everyone should know Bush bought thousands of acres of property down in South America as a getaway in case the economy really does tank and people riot and try to go after him since it was his fault. If you don’t believe me look it up…it made headlines in the U.K. before. He’s bribed the govt. down there to use their military to protect him in the event that he needs to run away from prosecution or a revolution.
Arrest the war criminals!

Posted by: Mark | December 20, 2008, 2:04 am 2:04 am

Pretty good Kool Aid, huh Mark?

Posted by: Tarantula | December 20, 2008, 2:07 am 2:07 am

I love the posts that only confirm my assertion of the majorities incredible gullibility and ignorance.

Posted by: ron | December 20, 2008, 2:08 am 2:08 am

Ron, you fool.
Reagan was a war criminal responsible for genocide in Central America and Iraq in the 80′s. He also quixotically spent this country into so much debt that we were already headed for a depression, and thanks to Clinton and the Bushes, they spent us into even more debt to guarantee that this depression will be the worst ever.
Yes, Ron Reagan. Our war criminal 40th president who gets honored like he’s a hero. Tell that to the millions in Central America and Iraq and elsewhere who died on his orders.
Carter’s business policies might have been failures, I won’t argue with you there. But give him some credit for being the only president from EITHER since Lincoln to have a good human rights record.

Posted by: Mark | December 20, 2008, 2:10 am 2:10 am

Hey Mark****
The president and vice president cant be arrested because they hold national secrets. You’ld have to send secret service protection to prison with them, it does’nt make much sense to imprison secret service agents. As to the others they can tie things up in court forever, just like death row prisoners dothru never ending appeals. And no the south american millitary wont be protecting Bush, the secret service and the US millitary will be doing it with your tax money. Oh yea the Clintons have done the same thing, bought a huge chunk of land in south america to flee to if needed..

Posted by: ynot | December 20, 2008, 2:13 am 2:13 am

Okay, maybe tell-it-like-it-is Biden should not have been so blunt. But lets face it people, he’s telling the truth. This economy is sinking like the titanic.

Posted by: Julie | December 20, 2008, 2:18 am 2:18 am

Ynot,
I don’t doubt it. I know Bush bought thousands of acres in Paraguay. But yes anyone can be arrested. This whole notion of pardons is BS.
There is no such thing as a pardon in international law for crimes against humanity.

Posted by: Mark | December 20, 2008, 2:19 am 2:19 am

Maybe it is, but that didn’t keep congress from giving themselves a raise this week.

Posted by: JT | December 20, 2008, 2:20 am 2:20 am

Julie it’s going to get MUCH, MUCH worse. Meredith Whitney wrote an excellent report on how housing still has another 20% to fall by historical standards and that’s best case scenario as it could overshoot to the downside.
Even without further housing declines, there is already another wave of defaults coming in the next 2 years worse than what we’ve seen these last two years.
And of course the banks are all insolvent and the real unemployment rate is near 13% right now.
The Great Depression is going to look like the good old days.

Posted by: Mark | December 20, 2008, 2:22 am 2:22 am

$1,000,000 DOLLARS
TO ANYONE THAT CAN TELL ME WHAT HOSPITAL AND DOCTOR DELIVERED McCain, Bush, Palin, or Cheney!!
$1,000,000 DOLLARS

Posted by: I have defeated you all | December 20, 2008, 2:23 am 2:23 am

Hey Mark****
Have you ever seen an American Presidet arrestd? No, and you never will!! It will never happen…. And Does’nt Obama want to keep troups in Irac and expand the war in Affganistan, Maybe they could try to arrest both of them at once. Sadly, Mark some people are above the law and the US Presidents that hold national security secrets will be defended at all costs!!!

Posted by: ynot | December 20, 2008, 2:26 am 2:26 am

Oh and by the way all of you Americans in denial about this war crimes stuff…you know now how the Germans let their government kill millions of people during the Holocaust.
The Nazis justified themselves the same way Bush and Cheney have. If you don’t speak out against the war criminals you’re no better than the people who sent Anne Frank off to the gas chamber.

Posted by: Mark | December 20, 2008, 2:26 am 2:26 am

Mark****
Get a grip, no American President will ever be tried for war crimes!!

Posted by: ynot | December 20, 2008, 2:29 am 2:29 am

Look up the report written by MIT and Johns Hopkins University in 2006 that stated (as of 2006) the Iraq War had resulted in 650,000 civilian deaths. The same report also stated that the U.S. military killed 3 MILLION civilians in Vietnam. Two of our most respected universities and yet of course no mention of those reports in the media.
Speak out against U.S. war crimes because its the right thing to do!

Posted by: Mark | December 20, 2008, 2:34 am 2:34 am

I am really concerned about the negative tone that is being emitted from what looks to be from those on the right. The supply side people brought us to where we are now, and the resulting economic situation is not good. It is time for us to accept this situation regardless of whether we like it or not. Denial is no longer an acceptable option. We are facing a national crisis and we need to work diligently together to solve it. The challenges are many. For those who do not belong in this country, it’s time for them to go home. For those who are not up to the tasks at hand, it is time for them to stand down and be silent. For those who are strong and believe in our country, our way of life and our people, it is time for us to come together. We can accomplish our goals and we can get beyond this crisis. We can accomplish this because we are Americans and we do not shy away from a challenge or a fight.

Posted by: David Williams | December 20, 2008, 2:36 am 2:36 am

Mark***
Under your theory we would have to go after leaders in almost every country. That in it self would cause wars and result in even more deaths. It just does not make sense!

Posted by: ynot | December 20, 2008, 2:38 am 2:38 am

Also look up the UN report that states the U.S. only only ranks 44th in the world with regards to Freedom of the Press. Next time you think the media reports the world how it really is better think again!
Wake up America and stop living like the German people did in the 1930s and 1940s.

Posted by: Mark | December 20, 2008, 2:39 am 2:39 am

Ynot,
No not every leader in the world is a war criminal. Unfortunately, the world is a place of evil as the Lord said, and there is much of it.
The best way to fight evil is knowledge. Knowledge is power. Too many people live in the dark and don’t see the world the way it really is, instead they see it how the propaganda people want them too.
That’s why its my duty as a Christian and a fellow human being to wake people up.

Posted by: Mark | December 20, 2008, 2:44 am 2:44 am

David Williams***
Your comment about the right causeing the economic crisis is stupid and insultig. Everyone knows that both parties have failed us and brought us to this point. Democrats and Republicans are both to blame!!! So if you really want to work on solutions than stop with the blameing one side…..

Posted by: tony | December 20, 2008, 2:45 am 2:45 am

Mark****
What does the bible say about war and defending ones family and oneself?

Posted by: ynot | December 20, 2008, 2:48 am 2:48 am

George S. and ABC’s “This Week” are the weakest Sunday morning show of them all. George S. could not ask a tough question if his life depended on it. ABC news has a few bright spots but ever since Peter Jennings passed away and Ted Koppel left it has not been the same. “This Week” should be lead by someone like John Stossel or Brian Ross. Those men and some of the new faces on ABC, excluding “Nightline” BORING, is what will bring people to watch. Ask the tough questions to all but be fair. If the loser despots refuse to be interviewed so be it. Not many listen or care anymore anyway; thanks in part to people like George S.

Posted by: G5 | December 20, 2008, 2:49 am 2:49 am

Neither party is politically capable of addressing the problems, which are WAY beyond The Big Three and the current level of the housing bust.
Can anyone out there say with a straight face that they trust the government to do what’s right for the long-term health of the country? Before you open your mouth, consider the Ponzi Social Security system, and the Ponzi-financed national debt.
At some point, and I don’t think it’s far off, the house of cards comes tumbling down.
Yet all the politicians, mainstream media, and Federal Reserve “leaders” can do it talk about is the symptoms. We and they are fiddling while Rome is burning.
We’re heading for a hyperinflation, people. The Fed’s virtually printing uncomprehendingly large amounts of money. And this insane stimulus package is a akin to an overly-indebted family deciding it needs to remodel the basement. Sheer lunacy.
Any “stimulus” should be directed at getting the US to be a producer nation again. Not by government fiat, but by government encouragement via tax policy.
People and institutions that have over-extended need to fail. Capitalism can only work when the penalty for failing is, well, failure. Sorry. Any more loans for people to continue to consume are simply taking away capital resources from what needs to be done and allocating them where they’ll do the least good. You’re just worse-off as a result.
And now you know why neither party can fix the problem. We’re a nation of mental adolescents, led by people who appease adolescents.
Prepare yourselves before it’s atop you.
I fear it’s going to get very ugly.

Posted by: Joe Independent | December 20, 2008, 2:50 am 2:50 am

Continued)
Most important, we need to support an American work force. There are companies that prefer to take their jobs off shore and to hire non-Americans that will work for lower wages. For God’s sake it is time we put an end to this. For Companies that do not wish to hire and employ American workers, DO NOT BUY THIER PRODUCTS! The list is a long one, and it is way past time that we make an effort in this direction.
We must start somewhere, and it is way past time for to begin and show our support for ourselves as American workers.

Posted by: David Williams | December 20, 2008, 2:53 am 2:53 am

ynot,
It’s a complicated issue. Of course Jesus said to turn the other cheek but the stories from the OT are good inspirations for oppressed peoples and also addressing your issue of defense.
Self-defense was going into Afghanistan and busting up their terrorist camps and going after the guys who attacked the U.S.
Self-defense was not going into other countries and killing mass groups of civilians on the chance that a handful of them might be bad guys too.

Posted by: Mark | December 20, 2008, 2:55 am 2:55 am

When Cheney and Bush mentioned we were in a recession in Dec of 2000, the media and the Dems came unglued blathering about how they were `talking down the economy’ and causing real harm to working Americans. But none of that silly hysteria now. LOL

Posted by: DaleW | December 20, 2008, 2:59 am 2:59 am

ynot,
Why do you think the U.S. commanders let Bin Laden get away at Tora Bora? They had orders to let him get away. And why were those orders given?
Because if Bin Laden had been caught there would’ve been no reason to go to war in Iraq. The American people and Congress would’ve said enough, it’s finished.
But with Bin Laden on the loose, Bush and Cheney could make claim an ongoing war on terror and invade Iraq.
That’s why they let the war criminal Bin Laden get away at Tora Bora.

Posted by: Mark | December 20, 2008, 3:00 am 3:00 am

I am glad you feel insulted, as you should be. You’ve put your political leanings ahead of what is best for our country, shame on you!

Posted by: David Williams | December 20, 2008, 3:00 am 3:00 am

Mark***
The bible also says that God sets up leaders of nations and that we are to show respect towards them because he has put them in their positions of power for his own reasons. Who can know or question the wisdom of God? The good news is that the bible also says that God will deal with and judge them and reward them according to their deeds or misdeeds. Only God can read the human heart……..

Posted by: ynot | December 20, 2008, 3:03 am 3:03 am

What a a bad leader. He does not instill confidence for people to invest in the future. Obama is the same way. Good leaders try to show hope and motivate people that things will get better for everyone. Bad leaders trash people’s attitudes and make things look gloomy and hopeless.
Obama and Biden need to improve their leadership skills. This should have been done long before now.

Posted by: Kevin | December 20, 2008, 3:05 am 3:05 am

ynot,
In the Lord’s prayer are the words:
“…on Earth, as it is in Heaven.”
It is our duty as Christians to not let evil be. That is nothing but corrupt teachings by people in power for 2,000 years who wanted the masses to do as they were told. So many popes and presidents and dictators and evangelicals and priests have corrupted the Word over centuries and centuries.
I suggest you at least look into Liberation Theology and see what you think about it. There are some great aspects to it and a few that aren’t quite right, IMO.
But remember, “…on Earth, as it is in Heaven.”
Translation….responsibility.

Posted by: Mark | December 20, 2008, 3:08 am 3:08 am

ynot,
In the Lord’s prayer are the words:
“…on Earth, as it is in Heaven.”
It is our duty as Christians to not let evil be. That is nothing but corrupt teachings by people in power for 2,000 years who wanted the masses to do as they were told. So many popes and presidents and dictators and evangelicals and priests have corrupted the Word over centuries and centuries.
I suggest you at least look into Liberation Theology and see what you think about it. There are some great aspects to it and a few that aren’t quite right, IMO.
But remember, “…on Earth, as it is in Heaven.”
Translation….responsibility.

Posted by: Mark | December 20, 2008, 3:08 am 3:08 am

David Williams****
Are you by chance a liberal Democrat? You certainly sound like one!! Blame everyone else for the problems when they disagree with you. Have a nice life…I’m an independant looking for solutions to problems caused by both parties!!

Posted by: tony | December 20, 2008, 3:09 am 3:09 am

Brilliant. Throw more money at the problem. What a joke we have become.

Posted by: Ryan | December 20, 2008, 3:10 am 3:10 am

Independent I think not!! You completely missed the heart of my message about Americans coming together and working for solutions.
… because you were more interested in defending your political idealism.
In my life I do not ever remember seeing such a loss of a huge amount of American jobs.

Posted by: David Williams | December 20, 2008, 3:16 am 3:16 am

Mark***
It’s really simple, Do to others what you would want them to do to you. Treat others as you would want to be treated, It’s really that simple. I agree with you that our job here is to do good and not evil, so thats what I try to do.But I try to leave the judgeing to God , he alone can read the hearts of man.

Posted by: ynot | December 20, 2008, 3:17 am 3:17 am

Read this board !! Joe Biden is talking about trying to solve some of our problems.
People are hurting. They are out of work. That are taking massive losses in the 401Ks.
Looks at all the comments that are negative to Joe and not supportive. It is sad, it really is. It is not just Joe, it is us!! All of us!!

Posted by: David Williams | December 20, 2008, 3:22 am 3:22 am

David Williams,
Joe Biden is just repeating whatever he was briefed on, which gives his statement more credence. But you can tell by his words that he was searching his brain because “short run” sounds like stock market lingo that he was mixing in with an economic outlook.
All that being said, the economy is already heading in the tank. Anyone who thinks otherwise doesn’t know much about economics.

Posted by: Mark | December 20, 2008, 3:27 am 3:27 am

“We also discussed:…the future of Guantanamo Bay;
-the possible prosecution of high-ranking Bush Administration officials for their role in the prison abuse scandal;”
REALLY! Aren’t there more important issues to discuss than chasing around ingrate Iraqis, and terrorists who were treated (but not harmed) like dogs to obtain Intel? Like how the hell are you going to take the oil owed the U.S. for its tremendous efforts! Or, is liberal Georgie and Biden still discussing on how to get out of Iraq empty handed, while the Iranians flip them off and fill the vaccuum… You Bozos are so disgusting!

Posted by: Russ | December 20, 2008, 3:43 am 3:43 am

First off we have to admit we have a problem. Then and only then we can try and do something about it. Regardless, the people currently running our govermnent (or will be soon enough) are what we have to go with. For our own good, we need to support these efforts. I said the efforts are being clouded by negativity from the right (where else?) hence the following kind of comments I saw being posted:
—————————————
Biden should die of stomach cancer
I think Obama needs to put this man in a straight jacket
Biden is a fool of the first order
Plagiarist-Joe’s brain aneurysm must be working overtime
Biden is a moron
Biden is a fool and a disgrace to our country
—————————————-
Now I am being called out, with my efforts towards being positive being ignored. Because I made a statement about the negativity? naaaa… none on this board…

Posted by: David Williams | December 20, 2008, 3:45 am 3:45 am

Let’s face it – we are entering a depression. No amount of money can bail us out. California is broke – a failed state. Somalia is a failed state. The United States is a failed state!!! Hang on – here we go…

Posted by: John | December 20, 2008, 3:47 am 3:47 am

Ok, so guess what? Biden just needs a big ol sign in front of his face that says “insert foot here!”

Posted by: WHOHOO! | December 20, 2008, 3:57 am 3:57 am

In the days following 911 the country country came together and became united. We need to do that again now during this economic crisis.
Yes I understand that 43% of the country did not vote for the Obama administration, but at the same time 57% did!!
I am not saying that we need to live in biparisian harmoney, but I really hope that we will not see the return of investigation after investigation (like Whitewater) with no other purpose then trying to snag something to overturn the will of the people.
The voters have spoken and it needs to be respected.

Posted by: David Williams | December 20, 2008, 4:01 am 4:01 am

What would our fore fathers think of this lot of politicians? What a bunch of losers, crooks and nit wits. We need a second revolution and a third party. SOMETHING!!! These a holes got to go. They f’d US with no vaseline!!

Posted by: Jimmy | December 20, 2008, 4:05 am 4:05 am

Pols pay lip service to the little guy but give billions (trillions?) to the fat cats

Posted by: JohnHistory | December 20, 2008, 4:12 am 4:12 am

Way to start a run on the banks moron.

Posted by: Andrew | December 20, 2008, 4:19 am 4:19 am

Frank | Dec 19, 2008 4:04:45 PM is a ding dang bleeping idiot!

Posted by: Steve | December 20, 2008, 4:21 am 4:21 am

That’s it:
BUY BUY BUY!
Biden called for more trouble?
Since he’s been so right about everything else he’s commented on over time!

Posted by: Alex Wolf | December 20, 2008, 4:26 am 4:26 am

My God, so many morons and idiots have posted on this that it defies description.
Your BS comments about Joe scream your ignorance to the world.
We all know that infants like you only want lies and happy “go shopping” talk in the face of disaster, so just get back in your cribs and mommy will be along to change your diapers.
You ignoramouses are the epitome of Jack Nicholson’s “YOU CAN”T HANDLE THE TRUTH!”

Posted by: Steve | December 20, 2008, 4:30 am 4:30 am

It’s funny how worried the democrats are about the way Obama looks in the public eye. Considering how they treated Bush the last 8 years the democrat hypocrisy is contemptuous.
The democrats must feel guilty about trashing our president elect G. W. Bush for all those years. The democrats hide their guilt with scorn. You know Bush won the popular vote against Kerry.
The democrats might as well have crapped on America for the last 8 years with how they’ve acted. I can’t believe the amount of everyday Bush bashing they accomplished. Astonishing!
I think they owe Bush and America an apology. And without one I fear everyone is going to take a big stinky crap on Obama every day for the next 4 years, if he can make it that far.

Posted by: EMC | December 20, 2008, 4:34 am 4:34 am

Well I hope all those Palin haters out there will have fun with their idiot choice of Biden and his “straight” talk which WON’T help the market at all. Any mention of negativity sends markets into a spin. THAT everyone is WHY they need to be careful WHAT they say.
Geez at least she RUNS something other than her mouth.
God help us and God bless the new president. I hope he stays in perfect and great health..No one needs Biden as president. And y’all were afraid of a corruption busting l’il gal from AK…silly voters. See what you’re gonna get now.

Posted by: Mel | December 20, 2008, 4:44 am 4:44 am

Furthermore, Obama’s plan for the economy already stinks. The only way to increase the value of America on the world market is to build internationally purchased products, effectively export them and develop the natural resources necessary to build the products, in other words a free market. Restricting everyone and forcing them into work they hate will only amplify the problems we already face. You can believe they will buy your eco-products but your belief is no guarantee they will buy it. And how do you build something when you have no access to natural resorces? I do not agree with everything Bush did but he had to direct 2 world wars for Gods sake! I think things would have been much better if they democrats would have keep behind the war effort like they did with all of Clinton’s wars.

Posted by: EMC | December 20, 2008, 4:49 am 4:49 am

Obama is an idiot. Biden is an idiot. The morons who voted for these ‘tards will get exactly what they asked for a couple of commies in office who will do everything they can to break the back of this country and then of course they will blame Bush. Watch, not once will possibly the dumbest man ever elected president EVER take responsibility for his being a lousy and just plain stupid president. Hey Obamma, go back to Chicago where you belong you crook.

Posted by: Jon | December 20, 2008, 4:50 am 4:50 am

WHY DID THEY VOTE THEMSELVES RAISES INSTEAD OF SHOWING BY EXAMPLE THAT WE *ALL* MUST MAKE SOME SACRIFICES IN ORDER TO RIDE THIS THING OUT????

Posted by: NO MORE RAISES! | December 20, 2008, 4:56 am 4:56 am

It’s only now we’re learning about the Madoffs of the world, who have been stealing billions of money for decades. The investment banks – Lehman Bros, Merrill Lynch, all thieves. Billions of dollars squandered, stolen, and fraudulently used. People were lining their pockets and their homes for years while everyone else thought things were great. They weren’t great. We now can see behind the green curtain.

Posted by: Sally in Chicago | December 20, 2008, 5:13 am 5:13 am

Leaders who know what they’re doing don’t make statements like this. Remember how Chuck Schumer’s statement that IndyMac bank “was in trouble” caused a run on that bank? And why FDR took exactly the opposite approach by attempting to promote confidence during the Great Depression by assuring the public that the “only thing we have to fear is fear itself”? Guess that great student of history Joe Biden didn’t get the memo. Joe, say we have “challenges” or something less alarming, but don’t say the economy is in danger of “absolutely tanking”, for God’s sake, and undermine public confidence in the financial system. That would almost guarantee a self-fulfilling prophesy.

Posted by: Son of Rodin | December 20, 2008, 5:31 am 5:31 am

“Foot in the Mouth” Biden is at it again. Why doesn’t this surprise me?
After running for President and then campaigning for the Obama-Biden ticket, he finally realizes the economy is in trouble. When did Biden finally wake up?
But let’s not blame Biden. He just happened to stumble into the V.P. slot because Obama thought he needed Pennsylvania. Let’s blame the American voters who weren’t paying attention. Any candidate who can win the Presidency on only five words–”Hope; Change; Yes, We Can”–is a salesman second to none! Or the American voters have just fallen off a turnip truck, or both.
Obama hasn’t even run a corner grocery store, much less a government. Look at his appointments. It seems that 75% of them have ties to Illinois politics.
Watch out taxpayers!
Being from outside Illinois, Biden is one of the exceptions. Just another “qualified” candidate with another law degree who has been right in the midst of our current economic situation. But it was over his head. And what does that tell you?

Posted by: Dwight Simpson | December 20, 2008, 5:38 am 5:38 am

If we had our own best interests at
heart we would not be in Iraq being pushed out at the end of a bayonet. Our politicians have given our country to the banks and government unions all the while fazing themselves with questions about how to not raise taxes. In a free market economy ‘not stock ponzi schemes’
citizens buy and invest in items they need and these same items are produced and traded for the good of the public. As our government is driven to raise wages through waste ‘ALL government spending is riddled with waste, seriously congress needed a pay raise’ we should not trust that any bailout is the solution. It must be that we can trade goods and services at a fair value or the rich will get richer and the poor poorer ‘If we don’t go BROKE first’.

Posted by: Darndenball | December 20, 2008, 5:49 am 5:49 am

Realy want to stimulate the economy – Congress needs to pass HR/25 – The FairTax.

Posted by: CyberDoc | December 20, 2008, 5:50 am 5:50 am

Once again, were supposed to have a new president. ANd once again, I don’t know who this guy is. He’s like a celebrity whose supposed to have a new movie out and most of us doesn’t seem to know who he is or what his policies are.
I don’t believe Obama really has any policies, not any detailed ones. We were supposed to vote for ‘Change’ but I dont’ see any ‘Change’ and don’t have any ‘Change. Get it?

Posted by: Doug Ramsey | December 20, 2008, 5:55 am 5:55 am

I can’t tell you how uplifting it is to hear this man speak. Want to know what happens when schools teach political correctness, global warming, and revisionist history instead of reading, writing, and arithmetic? We get a president with a great line but no experience, teamed up with a guy no one would hire to run their business…much less the country.
So, first place to start is the schools. Not going to happen. Democrats are in bed with the teacher’s union and that’s that. Solution: Republican president with a Republican congress. Real Republicans, not the Colin Powell types who are Democrat Lites. It will take work and it will take time. The country and our freedom are worth it. Let’s begin.

Posted by: Phocus | December 20, 2008, 6:22 am 6:22 am

Mark my words, mark my words, if you don’t here anything else i said standing here in your room, it will not be six months, we are going to have an economic crisis, a generated economic crisis,economy in the tank crisis
As a student of history and having served with seven presidents, i gaurantee you it will occur,

Posted by: bdaman | December 20, 2008, 6:26 am 6:26 am

Joe Biden? Say, isn’t he the guy who was FORVED to drop out of the presidenti9al race in 1988 because he was found to be a serial PLAGIARIWST in college? yup, that’s the guy. But hey, he makes a good team with the “anointed one” who has zippo experience, lies about his record at every turn despite Congressional record evidence to the contrary (his vote on denying medical help to aborted babies miraculously born alive).
What will be the most fun will be to watch the in the tank lib media work 24/7/365 to cover all of the “Watermelon Man’s” blunders as he stumbles and bumbles his way through the presidency.
Hell, the clo9wn hasn’t been inaugurated yet and already he is up to his neck in scandal.

Posted by: Joseph | December 20, 2008, 6:32 am 6:32 am

Get real people — the economy is tanking big time. You’re so brain dead from all the lies and fluff that you’ve been fed over the last 8 years, that the truth is suddenly hard to take. Joe Biden is telling it like it is — I’m thankful that we finally have SMART people running the country.

Posted by: go back to crawford | December 20, 2008, 6:53 am 6:53 am

Biden has an extreme case of foot and mouth disease. He must be the comic relief the Obama team is counting on to lull us to sleep. For those who don’t recall unemployment in double digits, you must be pretty young…in the 80′s that was the situation, not to mention that we were paying prime plus 2 for a House Restoration project we were doing on spec, and by the time we were half way through, the rate was 22%. Thank God the Government didn’t decide to interfere and eventually, the crisis was over. It might help if some of you went to the library and read some old newspapers….you would then understand why many of us think the bailouts should not have been done, and why now, many others are coming to that conclusion. Paulson made the Government blink and we are now paying for it.

Posted by: joanne | December 20, 2008, 7:01 am 7:01 am

Joe Biden has been a member of the US CONGRESS for HOW LONG????????
This putz likes talking DOWN the economy in order to boost the incoming messiah and all he does.
Just what the hell has Biden been doing for the last century that he has been in politics…???
Biden is a lying s.o.b. and the only reason he was chosen as the VP was to make Obama look good.
Biden is the second half of the Hurdy Gurdy, Flim Flam, Flyin Monkey Circus and Freak side show…complete with organ grinder and his monkey.
NO racist slam intended…just how I see it.

Posted by: Alex | December 20, 2008, 7:01 am 7:01 am

I feel sorry for the racist people who come to this site. Look, we all know that you seek attention, and that deep down you are experiencing servere self loathing and self hatred. It’s not to late to get psychological help. You can still save yourself.

Posted by: mean people suck | December 20, 2008, 7:02 am 7:02 am

Am I at Fox News or ABC? Sure can’t tell based on the lame comments posted here. Nice blog Mr. Stephanopoulus — thanks for giving the racists a forum. Yuck.

Posted by: JiffyPop | December 20, 2008, 7:09 am 7:09 am

This ‘tanked’ economy will miraculously turn-around somewhere around Jan21st and continue to soar in the next 4 years…
Obama will be president and that is all the mind numbed, useful idiots need for confidance. They sycophantic loons which surround Obama, Biden is one of them, will talk the economy UP in a way which will make the brain cells turn to jello.
Have no fear…a false up swing in the economy is about to occur the like of which will make even Bernie Madoff smile.

Posted by: Alex | December 20, 2008, 7:09 am 7:09 am

So, how many years was Biden in the US Senate? And just who is primarily responsible for the fiscal and monetary policies – the budget – of the US of A?
The clowns, like Biden and Bush, have been charge and they’re giving away the circus.

Posted by: LDC | December 20, 2008, 7:11 am 7:11 am

There will always be a crisis for Dems to complain about. That’s how they scare ignorant voters into voting for them. The current economic crisis was caused by Democrats. Starting with Jimmy Carter and CRA, exacerbated by the Clinton administration and Dem pals like Franklin Raines, and remedies blocked by Dems in Congress like Barney Frank. Things really started going bad when Dems took control of Congress. Now we have a totally raw and inexperienced President select and a gaffer and fool ready to take charge of a crisis being made worse daily by their own party.

Posted by: ricardo maxwell | December 20, 2008, 7:11 am 7:11 am

There will always be a crisis for Dems to complain about. That’s how they scare ignorant voters into voting for them. The current economic crisis was caused by Democrats. Starting with Jimmy Carter and CRA, exacerbated by the Clinton administration and Dem pals like Franklin Raines, and remedies blocked by Dems in Congress like Barney Frank. Things really started going bad when Dems took control of Congress. Now we have a totally raw and inexperienced President select and a gaffer and fool ready to take charge of a crisis being made worse daily by their own party.

Posted by: ricardo maxwell | December 20, 2008, 7:11 am 7:11 am

There is no doubt that the economy is tanking and the country will go down permanently if we let Congress continue to run it.

Posted by: Harvey the Rabbit | December 20, 2008, 7:11 am 7:11 am

Governmenr NEVER cuts back, never reduces its spending, it just keeps getting bigger and bigger and BIGGER. That’s the problem and Biden is a big part of it. Period.
Until we can get term limits and government cut way WAY W A Y back then for once in Biden’s entire blowhard career he is right about something, the econimy is and will tank.

Posted by: Scott T | December 20, 2008, 7:12 am 7:12 am

Jiffy-Pop….don’t like these comments, find another place….but if you read them all you’ll find your ilk in a few slots….
Useful Idiot!

Posted by: Alex | December 20, 2008, 7:12 am 7:12 am

Mean people suck….I assume that was intended for me…..I was not being racist when I made my statement…
See,,,no matter what is said or how it is said someone will find that chip on their shoulder and start hurling it.
There are phrases which we remember from our past…the organ grinder and the monkey phrase were not meant to be a racsist statement…too bad if you took it that way!
A SIncerest appologies if you are insulted and phuck you is you can’t get over yourself.

Posted by: Alex | December 20, 2008, 7:19 am 7:19 am

In response to Joseph (Posted by: Joseph | Dec 20, 2008 6:32:50 AM): So you’re glad we finally have some smart people running our country! Wow, are you really aware of how much trouble all of the Ivy League grads have gotten our economy into in the last eight years. Yeah, both Democrats and Republicans. Remember, Congress approved all the spending and wasn’t it Dodd and Frank who forced Fannie Mae and Freddie Mac to put pressure on the banking industry to make all of those loans to people who couldn’t afford to make the payments. Smart people running the country? Ha! Obama hasn’t even run a corner grocery store, let alone a government. And 75% of his appointees and staff are right out of the cesspool of Illinois politics. Smart. Yeah he sold us a bill of goods.
With only five words: “Hope, change, yes we can.” That may pass your test for being smart, but it doesn’t pass mine. Hang onto your hat, Joseph. You’re going for a ride!

Posted by: Dwight | December 20, 2008, 7:20 am 7:20 am

Now a few comments from our president-elect : uh, er, um, er, um, uh, and uh, um er, er, um, uh. (These talking skills can only be taught at the finest Ivy League schools).

Posted by: R U Sure | December 20, 2008, 7:26 am 7:26 am

We now actually have “Homer Simpson” as the Vice President of the United States.

Posted by: Marge | December 20, 2008, 7:29 am 7:29 am

Why listen to Joe Biden on economics? This is a man who earned $2.5 in the last 10 years, yet his net worth is only 150K. This doesn’t even account for the other 16 years in the Senate. Talk about living beyond your means. Then again, if anyone would understand any economy on the verge of collapse, look no farther than Joe Biden’s own personal economy. Where’s the money Joe?

Posted by: Tom | December 20, 2008, 7:33 am 7:33 am

Truth! Kill the messenger! He’s right. Whether or not we can move fast enough to avoid a repeat of the Great Depression will depend on whether we work together or stand around throwing blame and name-calling. These comments don’t give me a great deal of hope. Neither do people who don’t know ‘fascist’ and ‘liberal’ are political antonyms.

Posted by: SF Writer | December 20, 2008, 7:34 am 7:34 am

Why’s everybody dissing Joe for engaging in a little plainspeak? Conditions here on the ground are bleak, bleak, bleak. I’ve been out of work for a year and am defaulting on everything. And I’m not alone. Where I live, businesses are “tanking,” and jobs are being cut daily, by the dozens, at the manufacturers & industries.
I’d rather our leaders acknowledge the utter bleakness. Maybe, then, they can make better decisions. We’re already far beyond concerns of *consumer confidence* making an iota of difference in the severity of our economic collapse. A tanking economy by any other name would be just as bleak.

Posted by: Laura from SC | December 20, 2008, 7:40 am 7:40 am

You are an idiot for even repeating that fu<tards comments.
Biden is and always was a neanderthal scumbag.
Did you bother to ask them about their trillion dollar pork projec t to build highways to nowhere and keep our road infrastructure perpetually bogged and delapidated with road construction?How about the lives that will be killed when they allow a terrorist attack on a major city and the roads are blocked?
Did you ask him how much is too much for him and Obammy to steal from taxpayers?
What about the autom atic congressional raise which they all just recieved for screwing up the economy.

Posted by: Taco jorge | December 20, 2008, 7:53 am 7:53 am

The economy tanking!? There’s not much that the government can do to fix the economy but plenty of ways for them to ruin it. What they can do is get out of our way because the government has never, cannot and will never create one productive job in this country. If they do we are all government workers. Good morning comrades!
They do have a few choices on their course of action though:
1. A two month tax holiday for the American TAXPAYERS who are the one PAYING for all of this. This will give us a chance to get our hands on that $350b that hasn’t been spent yet. Reminder: Washington DC has no money except what it steals from the American people in the way of taxes. And the $700b bailout package would be equivalent to a six-month tax holiday;
2. An across the board cut in marginal tax rates. Yes, good ol’ supply-side economics – works every time it is tried from JFK to RWR to GWB! Also, corporate tax rates should be cut or eliminated since corporations do not pay taxes since their so-called tax bill is a cost of doing business built into the price of their products/services. They are a tax collection agency for the government collecting the monies from their customers/clients, that you and me folks, i.e. the American TAXPAYER;
3. Scrapping the stupid IRS tax code and replacing it with a national sales tax applied at the FINAL point of sale. Our sales tax system today is a VAT where taxes are paid and passed along the path from raw material to finished product and is built into the final sale price that is paid by, that’s right folks, the American TAXPAYER. Oh yeah, this results in transforming the American Gestapo (the IRS) into an accounting agency for the government;
4. Eliminate the withholding of taxes from our paychecks. I hope you have your war paint, loincloth and feather stashed away like I do because once we have to write the checks to pay our tax bill monthly, quarterly, or whatever frequency it would be, will result in a tax revolt that will be bigger than the Boston Tea Party. I’ve been waiting for 30-plus years of my working life and the feather is starting to get moldy.
I’m sure there are more creative actions that can be taken. I think this is “CHANGE” the American people would welcome. But don’t expect it after January 20, 2009, because come the morning of January 21, 2009, we will be greeting one another with, “Good morning, comrade.”

Posted by: MarkT | December 20, 2008, 7:54 am 7:54 am

Biden has the uncanny ability to state the obvious, doesn’t he? On the other hand, his cassandra-like predictions smack of self-serving political butt-covering. The American People were the first to recognize that our economy was in trouble. We don’t need some dope like Biden to tell us what we already know. We elected Obama-Biden to fix the problem, not complain about how bad it is. We need leadership, not political talking points.

Posted by: Patrick C. | December 20, 2008, 7:55 am 7:55 am

Joe Biden’s Vice-Presidency is in risk of Tanking! What an absolute moron!

Posted by: Don Rouselle | December 20, 2008, 7:58 am 7:58 am

As long as so many of you misinformed people, fail to open your eyes and see reality, NOTHING WILL CHANGE!
Of course Joe Biden is telling the TRUTH!
What a relief after 28 years of liers in DC.!
I have watched the economy TANKING SINCE Jan 1981 when reagan was sworn in as pres.
It took a while, but they’ve stolen all the money….with you misguided conservatives, hanging on their coattails thinking ‘you too could get rich if you work hard and pay your taxes!” You have been like an anchor drag on trying to do something positive to reverse the trend, and you still CAN”T SEE it!
Yeh! Ken Lay, Madoff cheney, bush, they are all welfare Moms stealing the taxpayers money.
It’s sad that you can’t distinguish between the criminals, and the politicians who are trying to correct it, with not only obstruction from the criminals, but from the misinformed likes of YOU!
The guy who had Karl Rove’s communication SECRETS, Michael Connell, New Media Communications, developed campaign websites for bush & mccain; just DIED in a fiery explosive small plane crash. Whoops there goes another witness for justice! Sorry to block your investigations Sen Levin!

Posted by: Pat Sharp | December 20, 2008, 8:01 am 8:01 am

Is Biden still around? I thought they only trotted him out for the election. He’s like Cheney only his weapon is his mouth. Watch out for face blasts!

Posted by: dam | December 20, 2008, 8:02 am 8:02 am

Help the economy buy more guns and ammo and join the NRA.You will need them when the mass inflation and sky high food prices come(and it will).Crime will be everywhere, mass unemployment and tent cities.
And good old Joe will give himself a pat on the back and declare “this is good.”

Posted by: Hillary | December 20, 2008, 8:04 am 8:04 am

Give me Sarah Palin.Please!!

Posted by: Vinny Staten Island | December 20, 2008, 8:05 am 8:05 am

Gee the right wing is up in arms.
After 8 years of total BS immersion, getting a ration of straight talk is a jolt to their systems.
We are all done with the neocon Koolaid, boys. Get used to it…

Posted by: an atheist | December 20, 2008, 8:09 am 8:09 am

Maybe Joe could be the one to remember the “average Joe”, and take a crack at the credit card companies who are freely allowed to eat us all alive. While focusing on saving jobs, maybe he could be the one to remember that retailers are in the “tank” because consumers have “tanked”. Why they don’t get it is beyone me. We’ve stopped spending money because ridiculously high prices have taken it all, along with the absolutely THIEVING credit card companies. Once again, we’re being forgotten…but maybe OPRAH can “consult” with Joe on this when she purchases her $50M home in DC? Hey, guys…you’ve forgotten who’s in trouble here…the PEOPLE.

Posted by: Betsy | December 20, 2008, 8:13 am 8:13 am

Mark T you had only one correct statement in your right wing Koolaid recipe:
“there are more creative actions that can be taken”

Posted by: an atheist | December 20, 2008, 8:14 am 8:14 am

This crap about another stimulus package is what is nuts. It’s like injecting life support into a dying pig. Just let the pig die its natural death and then get a new pig. Guess what the new pig will be? The New World Order. They are waiting in the wings. Wake up everybody and smell the death.

Posted by: Mrs. AL Bundy | December 20, 2008, 8:15 am 8:15 am

Will someone please put a muzzle over Biden’s mouth….So negative…..and give him a hairnet for his pageboy hairdo….a revolting looking person…..

Posted by: Newfie Mom | December 20, 2008, 8:16 am 8:16 am

This is a laugh..Biden is a moron!!! The Messiah better get him in check..

Posted by: An Yone | December 20, 2008, 8:17 am 8:17 am

once again for the stupid….
GOVERNMENT IS THE PROBLEM.
Biden, Frank,Pelosi, Emmanuel ,Obama are all corrupt and dont give a damn about you or your families.
They could care less about you and are open in their contempt for you.
They hate you.
They mock you because your stupid and keep electing them.
GOVERNMENT IS THE ONLY PROBLEM.
You people keep electing lawyers and anti Americans now you get what you have sown.
Ill see you in the apocalypse after the collapse.

Posted by: Mad Max | December 20, 2008, 8:17 am 8:17 am

Is it 2013 yet?

Posted by: BlueMax37s | December 20, 2008, 8:20 am 8:20 am

There he is, I like Biden…He not perfect, he is an ole politician used to talking to other politicians without having to sugarcoat it before he speaks… He is a perfect behind the scenes kinda guy… But, I like to see him every once in awhile. I voted for Obama, I am a liberal, and I am happy with all that I have seen so far. However, I have no illusions, that the country is in a freakin mess, and that things will indeed get worse before they get better…I am tired of everybody blaming everybody else, I am more than fed up with partisanship and politics as usual. I don’t like Rick Warren, but I understand and admire Obama for reaching out, seeking common ground. He is the very first politician that I really truly like, I really can’t explain it… But with all the mess, he is the person I want at the top. I am not totally sure why, but I trust him. Under his leadership, I believe he can move this country forward, in bold and massive undertakings. He doesn’t fit the usual and I really like that about him. I am proud that this Hussein is of my country. I am more than ready for him to take office.

Posted by: braith morgan | December 20, 2008, 8:26 am 8:26 am

RICK, It was Reagan who first forced the “trickle down theory” on us and it continues to this day.
How is that working?
This country will never be the great nation it once was till we bring back the 1950s taxes and tariffs.
A A country that does not produce anything is worth just that ….nothing.
Bring back the middle class good paying factories !

Posted by: Lyn | December 20, 2008, 8:39 am 8:39 am

Biden’s perspective is about as good any anyone else’s. We need to stop spending so much on defense, cut the fat from our way of life, and change our economy from one based on consumerism to one based on service and utilitarianism (more toward spiritual values). America is great, but it is ill. We all must take the initiative to make it work.

Posted by: Frank Jordan | December 20, 2008, 8:39 am 8:39 am

And to think I was worried about Hillary getting elected!!!! This will be fun to watch..

Posted by: Laughing all the way | December 20, 2008, 8:40 am 8:40 am

So Obama delegates the search and vetting of his VP to Caroline Kennedy and this is what she came up with? She’ll be a fine NY senator.

Posted by: Present | December 20, 2008, 8:41 am 8:41 am

Biden speaks the truth, unfortunately he speaks prosaically rather than diplomatically.
The proposed solution, a multi-billion dollar stimulus package will just make things worse.The major causes of this economic collapse is the lack of savings, overspending (real estate, gas guzzling automobiles, gadgets), and excessive debt (both citizens and government), along with a large segment of the US population merely shuffling paper (financial services, investors, government) and not producing any real wealth. The proposed solution (stimulus) is just more of the same, more spending, more debt, more bubbles. It’s like giving a drunk another glass of wine to try to sober him up. The US government is broke. Where will they get the money to fund the stimulus? They will either borrow it (more debt), or the Fed will print it(inflation). If the proposed stimulus is passed, short term, look for large price spikes in basic necessities like food and gasoline. It happened after the last stimulus hit Main St. (2nd Q, 2008), and will happen again. The futures speculators and commodities suppliers will ensure that. Down the road after the spike has passed, we will experience (long term) large levels of inflation or even hyperinflation on necessities, perhaps by 2010 or 2011, while assets (real estate, stocks and other equities) continue to deflate. The Obama administration won’t tolerate hyperinflation, and will institute price controls, which will result in major shortages. The Fed will be forced to raise interest rates to reign in hyperinflation, which will ensure a full blown depression. Former Fed chair Paul Volcker has been picked to chair Obama’s Economic Advisory Board. At the age of 81, I’m not so sure that Volcker is up to the job. Google “The Long Depression” (1873-1896). That is where we will be heading if this madness continues.

Posted by: toyotawhizguy | December 20, 2008, 8:42 am 8:42 am

Biden is a total MORON; it is astounding that he is going to be our VP. Between Obama’s complete unpreparedness to be President and Biden’s loose lips and utter stupidity, we are in for a very dangerous 4 years. Yes, the economy is bad and getting worse but I mostly the fear our enemies attacks because they have no respect for Obama and are going to test him in every way possible. That is about the only statement Biden made during the campaign which was, unfortunately, true.

Posted by: Bill, Orlando FL | December 20, 2008, 8:43 am 8:43 am

Spit out the government cheese, folks, and get to work. For starters: quit spending more than you have. Honor your promises. Quit blaming: Bush; Wall Street; Mortgage companies; Credit Card companies; the Auto Industry; Congress; or the GWOT. The person responsible for your financial mess is the idiot in your mirror. Don’t be afraid of freedom.
Joe’s not telling the truth. He’s spreading fertilizer so he can grow government and his power. The economy has millions of inputs and Joe’s telling us one or two people (or even a whole agency) can make better decisions about the economy than can the millions of participants? Only fools believe central planning is successful.
The topics of the interview, except the conversation about State and dogs, are opportunities for Biden to malign Bush.
How can a “jounalist,” have an exclusive interview with the VP-Elect and not explore the Chicago political machine, in depth?
Why is the media so accomodating of the incoming administration on Blagojevitch? Who are they protecting? And the newly designated Secretary of State and her relationships with foreign entities? Had this been a Republican, do you think he or she would get such deference?
George is blowing smoke up Joe’s skirt to prevent loosing access to his god.

Posted by: MBAchin | December 20, 2008, 8:43 am 8:43 am

Let me explain, Bill Clinton is and always was a Republican, he was seen welded at the hip to old man Bush for years and passed Bush’s NAFTA deal.
Bill even hired Carla Hill ,Bush’s chief trade negotiator before passing all those trade deals. The BIG one was giving Communist China “most favored nation status”, knocking down the tariffs causing all the good paying factories to leave this country!
You can’t buy houses or new cars on a Walmart wage!
Bill Clinton is the modern day Benedict Arnold for selling out the middle class that elected him!

Posted by: Lyn | December 20, 2008, 8:44 am 8:44 am

“Ain’t” we lucky…leading us out of this mess, Obama the Orator, Biden the Blowhard, Reid the Spineless, Pelosi the Inept, Barney I luv my franks Frank…the list could go on and on…
No way will our once great country ever recover.

Posted by: newsman | December 20, 2008, 8:47 am 8:47 am

We need to make sure TARP money is no longer used to pay out bonus payments for the bankers. Mr. Biden and many others are looking to throw more US tax payer funded money in the form either TAF or TARP. Stop the madnessof throwing un restricted money at these banks. There need s to be accountability as to where the money is being spent.

Posted by: Joe Six Pack | December 20, 2008, 8:48 am 8:48 am

Biden is a first class idiot. How do poeple with his limited knowledge and basic stupidity get to be Vice President.

Posted by: old gezeer | December 20, 2008, 8:48 am 8:48 am

Biden is a first class idiot. How do poeple with his limited knowledge and basic stupidity get to be Vice President.

Posted by: old gezeer | December 20, 2008, 8:48 am 8:48 am

I think Biden’s right. Many posters here would assign blame to him as if it was his fault. This started with the economic policies of Reagan: deficit spending, no import tariffs and tax cuts for the rich. How can Obama/Biden undo 28 years of bad economic policies. All they can do is start turning this big ship around.

Posted by: toosinbeymen | December 20, 2008, 8:52 am 8:52 am

Where is all the liberal outrage at “talking down the economy”. Bush and Cheney were blasted by people like George S. for supposedly talking down the economy prior to taking office. Where is that same MSM outrage???

Posted by: Don C | December 20, 2008, 8:54 am 8:54 am

Maybe Joe Blow could just get on the Washington Beltway and keep driving around DC for the next four years, never taking any exit and without any communication devices. He’d do us all a great service for the next four years if he’d just shut up and quit being so doom and gloom. That’s the last thing we need – or is he just lowering expectations for his buddy O NO?
First it was an attack in six months, now it’s this. Joe: get on the beltway – NOW – and don’t get off.

Posted by: Holly Mead | December 20, 2008, 8:55 am 8:55 am

All this vitriol about Biden is funny…you’re obviously not ready for a politician who does something as revolutionary as telling the truth.

Posted by: Laua | December 20, 2008, 8:57 am 8:57 am

The economy is only going to hurt the middle class. Lower, middle, upper whatever you want to call it. The rich – way above 250000 and the poor will be ok. It is the people with a mortgage, husband and wife working, a couple of children etc. Politics have ruined our economy. The most liberal states are the ones in trouble. CA,NY,IL – check it out. Do what is right. Fed, state and local governments must clean up the waste. Look at your expenses. See what is waste and get rid of it. CUT, CUT, CUT. Nothing is free and we can see the financial devistation are economy is now in. Heaven help us all.

Posted by: ScottyK | December 20, 2008, 8:57 am 8:57 am

I see Nick is as stupid as most democrats in thinking we had a surplus when Clinton left office. When Clinton left office we were in a recession. We had a 250 billion dollar deficit.There is not much surplus in a recession. One note. The last time the budget was balanced was when Richard Nixon was president.

Posted by: carlb | December 20, 2008, 8:59 am 8:59 am

I see Nick is as stupid as most democrats in thinking we had a surplus when Clinton left office. When Clinton left office we were in a recession. We had a 250 billion dollar deficit.There is not much surplus in a recession. One note. The last time the budget was balanced was when Richard Nixon was president.

Posted by: carlb | December 20, 2008, 8:59 am 8:59 am

Why isn’t the administration lying to us and telling us everything is just fine and we only need to go shopping? Why are we being told bad things? Aren’t the foundations of the economy strong? Why are we being asked to think and help out? Shouldn’t we just be taken care of?

Posted by: karen | December 20, 2008, 9:00 am 9:00 am

The quickest way to turn the economy around is for Congress to cut taxes across the board for individuals and corporations. That would restore confidence and encourage private investment immediately. The Government does not produce anything, they will only slow down the recovery by spending money (our money) on bailouts.

Posted by: Karston | December 20, 2008, 9:00 am 9:00 am

borrowing money at all levels caused this crisis. The Feds, the states, the cities, individuals all living beyond their means. When you are terribly in debt and there is one interruption in the cash flow, things collapse. Anybody who thinks about it can see it. The only way out is to get rid of debt. This is painful, but when you live within your means, have savings, things are stable. The same goes for the economy, if people buy goods and pay for them, there can be no borrowing crisis. This is just common sense. That is why Obama’s plan to create huge new debt is just nutty. He is doing nothing but kicking the can down the street. Everybody needs to stop borrowing money, or using credit cards. We need to stop governments at al level from spending beyond their means. We must stop Obama from borrowing yet more money.

Posted by: Brian | December 20, 2008, 9:01 am 9:01 am

borrowing money at all levels caused this crisis. The Feds, the states, the cities, individuals all living beyond their means. When you are terribly in debt and there is one interruption in the cash flow, things collapse. Anybody who thinks about it can see it. The only way out is to get rid of debt. This is painful, but when you live within your means, have savings, things are stable. The same goes for the economy, if people buy goods and pay for them, there can be no borrowing crisis. This is just common sense. That is why Obama’s plan to create huge new debt is just nutty. He is doing nothing but kicking the can down the street. Everybody needs to stop borrowing money, or using credit cards. We need to stop governments at al level from spending beyond their means. We must stop Obama from borrowing yet more money.

Posted by: Brian | December 20, 2008, 9:01 am 9:01 am

A great old football player was once asked: “What motivates you the most during a game?”
His answer:
“Playing against a stiff.”
Anyone notice how Russia has been acting since November?

Posted by: schmuckonwheels | December 20, 2008, 9:01 am 9:01 am

I wish the light would be brightly pointed to Barney Frank and Nancy Pelosi about the sub-prime give-aways that has thrown the world economy into the tail spin. I’m so tired of the media peeing on my head and telling me it’s raining. Let’s get the truth of this out.
This is America, and we will pull together and come out just fine. Unless we let Nancy Pelosi and Barney have another field day of whatever they think they want. Who gives credit to people who don’t even have jobs? For a house?????? Yep, almost turned us into a 3rd world country.

Posted by: margie | December 20, 2008, 9:02 am 9:02 am

Are we as Americans that foolish to not realize that were in trouble. Do we need this foolish politician to tell us?We have been in trouble for a long time. That is what happens when you run the printing press to solve your problems. The funny part about it is we Americans put so much faith in these idiots. Were in trouble Super Great Depression. Hello wake up!!!

Posted by: Phil | December 20, 2008, 9:03 am 9:03 am

Yes, I remember what Bill clinton said as he entered office. Something like “this economy is much worse than we expected. We’ve got to do some drastic things……” and our taxes promptly went up! Bend over America, here comes the tax bill. I didn’t vote for these idiots Obama and Biden who are about to totally wreck this economy. But, I have to suffer right along with those of you who bought the “no taxes” garbage talk pushed during the campaign.

Posted by: ArtM | December 20, 2008, 9:04 am 9:04 am

For most of us it already has.
Posted by: jan
———————-
If Joe and some of those other elitist would get out of Washington they would already know this.
Glad to see Joe has finally caught up with reality and was sober this day.

Posted by: vici | December 20, 2008, 9:05 am 9:05 am

Tell it like it is Joe. A spade’s a spade.
Acknowledgment of reality will set us free. The American public does NOT need protection from the truth. You Joe are THE MAN. Keep it up.
Katz

Posted by: Katz P. Ajamas | December 20, 2008, 9:06 am 9:06 am

Joe is just playing point man for all of Mr. O’s welfare give aways that are comming down the pike….economic stimulation. My ass….nothing but welfare for the incompitent Obama supporters.

Posted by: RIP | December 20, 2008, 9:08 am 9:08 am

Tony Rezko
Jeremiah Wright
Rashid Khalidi
Bill Ayers
and now Rod Blagojevich.
You’ve really fooled the American people Mr Obama.
Merry Christmas or are you now going to admit that you are really a muslim

Posted by: John Biden | December 20, 2008, 9:09 am 9:09 am

Instead of getting of the foreign oil addiction. We need to get off the credit addiction. Americans are going to have to actually work again, and save again. The problem is the government wants us in debt because now were there slaves. If people are in debt they have to work. This equals tax revenue. Also inflation is a great hidden tax, great transfer of wealth coming our way. Bye bye middle class.

Posted by: No such thing as free lunch | December 20, 2008, 9:09 am 9:09 am

I think the government should give the 600 to 700 billion to the people of the United States, this way, we can catch up on our mortgage, buy that car we so desperately need, pay off those credit cards, and so forth. And in return, banks, car makers, retailers, and so on get the money anyways, but the benefit is that “we the people” will also benefit from our own money by not losing our home, by having transportation, etc. Otherwise, banks and the auto industry are getting a free ride!

Posted by: dmndtruth | December 20, 2008, 9:10 am 9:10 am

The politicans created this financial mess. Their policies and laws caused this financial crisis. Their lobbyists friends also contributed to the financial chaos. Hide your money. The government is coming.

Posted by: Miko Mean | December 20, 2008, 9:11 am 9:11 am

Just remember who got us in this mess! THE DEM who controlled congress for the last several years. At least, grow some, and give credit where credit is due. I know the republicans have lost whatever credibility they had, but the real authors of the economic crisis are the DEM who want everybody to feel good and to line their pockets while no one is looking. The reality is that unless we wake up we will be immersed is socialism much sooner than one could ever imagine. THINK FOR YOURSELF!!! Is this what you want?

Posted by: danny | December 20, 2008, 9:11 am 9:11 am

Biden is an embarrassment to the American political process. He doesn’t need a spokesman who got dumped by “Tine, Inc.” Biden needs a padded cell.

Posted by: Oak Park Lefty | December 20, 2008, 9:11 am 9:11 am

For the past 40 years everybody has watched the economy grow, house prices elevate, consumers spending. The problem is it was supported by debt. If somebody lends you money and you spend the money and live high, is this a great economy or a false economy? It is a fraud because it catches up with you. That is exactly what has happened. DEBT KILLS. Borrowed money at the federal, state, city and personal level has created the fraud economy and if we just say NO to debt, a solid stable economy will result. No credit cards, no car loans, requiring all government entities to reduce spending and balance the budgets. There could never be another “borrowoing” crisis, the economy would be based on real commerce not this fraudulent commerce based on borrowed money. We must stop Obama from his madness by telling him, NO,NO,NO to federal borrowing. He is just clearly going to make our kids and grandkids suffer through this again.

Posted by: Brian | December 20, 2008, 9:11 am 9:11 am

Let’s all remember that global warming is a much more serious threat than the economy. The stimulous of 6 to $7billion should go to fighting global warming. Coal plants should be immediately shut down, at least a $2 tax on gasoline and heating oil and CAFE standards should be raised to 100mpg as part of the loan guarantee to automakers. Like Obama’s science adviser says, “without and enviroment, you don’t have an economy”!

Posted by: Chuck | December 20, 2008, 9:15 am 9:15 am

Braith must be a union idiot that thinks you can legislate factory jobs. All you have to do is stop buying from other countries and all our factories will open back up. Unfortunately what put our factories out of business is the unions. Just as they are doing to the auto industry. $78.00 an hour to produce a car compared to $34.00 an hour for foreign car makers here in the US. A company funded unemployment bank to pay laided off worker 95% of their salaries since the 1980′s cost the the auto industy about a billion dollars a year. Except for the government what other business would do something so stupid. The unions and union members only care about themselves. They will bleed the companies dry and then complain when the industries move out of the country. Add to this the government taxing and feeing the businesses to death.

Posted by: carlb | December 20, 2008, 9:15 am 9:15 am

They don’t call him “Slow Joe Biden” for nothing. Biden is a door knob! We can only hope that Obama makes his 4/8 years. If Joe gets the reins, God help us all. Joe has always been a bloviator of 1st rank. He will continue to shoot his mouth off. Is he smart? Oh, my word no!

Posted by: Mike Lynn | December 20, 2008, 9:15 am 9:15 am

So now it is Okay to say Hussein Obama????

Posted by: John Biden | December 20, 2008, 9:15 am 9:15 am

As for Biden, his mouth operates long before his brain has ever kicked in (if ever).
As for our financial crisis, it started long before President Bush was in office. If you look at the history of Congress, you will find that the Democrats have had the majority for most of the time. It is there all our woes start because of ill conceived give-aways and entitlements.
Throwing money at a raging fire, only helps it burn longer. The only thing that is going to work is for ‘We the People’ to make sure our representatives know what we want them to do.

Posted by: Sane American | December 20, 2008, 9:26 am 9:26 am

I am stunned by how many Americans are still in denial about the economy. These people who think it’s a joke need to wake up and smell the coffee, because I won’t be giving them handouts when they are homeless.

Posted by: B. Cooper | December 20, 2008, 9:31 am 9:31 am

The idiot in he White House has told the people to spend, “go shopping”!
Now where does that money go, to the importer, then to Communist China, so we can borrow it back with interest. See how we are going down, because Bill Clinton gave ‘Most favored nation” status to Communist China.
China has our factories and money because of Clinton, but now he is worth millions, connect the dots, his wife was on the Walmart board and Walmart has the most to gain from that trade deal. Like I said , connect the dots!
Did you see the prices come down since the trade deal happened?…. I didn’t!

Posted by: Lyn | December 20, 2008, 9:32 am 9:32 am

Biden and Obama are both fools. We are in this mess, which will right itself if government stays out of the way (they won’t). The very people trying to save us are the ones who caused the problem. The Dems caused the banks to loan people money who could not pay it back. The Dems also are shoving environmental regs on car company’s that are costing them billions, which they pass onto the consumer.
The Repubs and their greedy allies on Wall Street want cheap labor, either here or China, India or wherever.
Us fat a$$ Americans want free money from the government, so we can drag our sweat pant wearing fat a$$ to Wal-mart and buy cheap Chinese $hit.
Here’s the solution, don’t listen to any one in government, they are only out for them and their own.
Don’t buy $hit you don’t need, don’t run your credit cards up until you cannot pay them, don’t borrow more on your home than it is worth. Tell your fat a$$ kids to get the hell off the video games and go out side and play baseball, or here in Mi hockey.
Don’t let your 11 year old daughters dress like sluts. Take your sons or daughters fishing, or deer hunting, spend some time with them. Don’t worry about global warming, the world will end when God say’s it time to end. If you have a job and are doing ok help someone who is not.
We the people are in charge, we do not have to buy the Wall street crap, the Hollywood crap or the Washington crap.
Merry Christmas and God bless you all.

Posted by: Dennis, Kalamazoo, MI | December 20, 2008, 9:34 am 9:34 am

Biden is a joke, aside from that, everyone should read http://www.leap2020.eu
See how and why this happened and how it just might be too late to do anything about it.

Posted by: Bobc | December 20, 2008, 9:35 am 9:35 am

We the people elect George W. as our president then we anoint Joe Biden as an idiot? It starts with we the people!!! We all over extended our capacities in personal and government spending and we are calling Joe a moron? It time for one and all to wake up and realize that Joe may not be too far off the mark. Joe says it like it is. We the people can’t handle the truth. Oh yah and its going to hurt. Time for one and all to re adjust reality.

Posted by: get real! | December 20, 2008, 9:37 am 9:37 am

WOW!..with all the lefty brain trusts on this site, it’s no wonder why this country is slipping.
America has been in decline for many years now….spending is out of control and by that I mean PERSONAL SPENDING…Morons with the use of a credit card and funky mortgage deals who were told ‘YOU, too, can own a home…just sign here.’ WHAT FOOLS you all are!!!

Posted by: Alex | December 20, 2008, 9:42 am 9:42 am

Governments can’t stimulate economy s by creating government jobs that give nothing back to it’s own economy. There is only one way to stimulate an economy, lessen the burdens on private industry. You remember, the guys who are responsible for their own pensions, pay the most taxes, create the jobs, the people losing their homes and businesses because the “too big to fail” don’t pay them for work they have done. The solution isn’t in protecting large companies and expanding government, in fact, it is just the opposite.

Posted by: Dennis | December 20, 2008, 9:45 am 9:45 am

Please, Please let Biden be Biden. We as a nation need the comedy relief in these tough times.

Posted by: Al J | December 20, 2008, 9:46 am 9:46 am

Obama/Biden will continue this messaging as it allows them to disburse increasingly obscene sums of money which is the basis for their political power.
No one knows what tomorrow will bring. So, wake up each morning with a POSITIVE outlook and do your best. Don’t HOPE that the government will make things better as the politicians of both parties only care about getting re-elected.

Posted by: Harvey R. | December 20, 2008, 9:48 am 9:48 am

Now that Obama has won the election they need to quickly lower expectations.
Naturally the government nitwits in DC think that the Kenyesian economics that got us into this mess will get us out.
And Chuck, man made global warming is a myth. The world needs to move past such foolishness along with the increasing numbers of scientists who have seen through this politically driven nonsense.

Posted by: Freddy in DC | December 20, 2008, 9:49 am 9:49 am

Obama is the straight man and Joe the comic. Great pairing. Obama sends Joe out to posture for him. Great strategy!

Posted by: percy chan | December 20, 2008, 9:51 am 9:51 am

Biden has been there as Senator for the last 8 years. For him to say it’s much worse than we thought is BS. He had a hand in making things “much worse” I’m glad the Demos are now in charge so when things “tank” as Biden states then they can get the blame.

Posted by: Bada Bing | December 20, 2008, 9:55 am 9:55 am

Thanks to all of the voters that voted for Clinton and The Monkey…..TWICE!
Now you are responsible for the mess we are in!…Go shopping and Have a good day!

Posted by: Lyn | December 20, 2008, 10:00 am 10:00 am

Check out a funny “Nobama” parody song at: http://www.myspace.com/rogerweber

Posted by: Roger Weber | December 20, 2008, 10:01 am 10:01 am

This is a total misquote. Yes, the words “absolutely tanking” were spoken by Biden but then the writer put those two words in different context and meaning. This is biased reporting!

Posted by: Tikbalang | December 20, 2008, 10:07 am 10:07 am

This guy should be teamed up with Light Horse Harry Reid. Reid opens his mouth and causes a major life insurer’s stock to tank and Biden opens his mouth and helps inject more negativity into the market. The press went after Sarah Palin and they give Biden a pass.

Posted by: Richard | December 20, 2008, 10:08 am 10:08 am

I cannot see how it could be a surprise to anyone who reads the news daily that the economy is in danger of tanking. I’ll go further–this is a depression. Obama’s job is to keep it from being a bread line one, but honestly with every major financial institution and the car industry going under, I don’t see how anyone in their right mind could call this a recession. History won’t.

Posted by: Diane | December 20, 2008, 10:09 am 10:09 am

Unbelievable…the country has spoken in this election all right..and shown on balance to be a nation representing several generations of brain washing and dumbing down by public education, and entitlement mentality, this vise pres elect is just so telling. What kind of nation cannot nominate anything better than these three senators to lead our nation? Obama, Biden McCain? We deserve what we asked for. Here is populism at work. This is why democracies fail…then degenerate into mob rule…this is history people! Unfortunately not the revisionist history taught in our public schools . We started as representative republic, but that requires great responsibility…which we as a nation no longer have.

Posted by: Steve | December 20, 2008, 10:12 am 10:12 am

This is the first good news I have heard about the economy! Biden is a clueless idiot. His list of exactly WRONG predictions begins with his prognostication that the Soviet Union would overtake us (just before it COLLAPSED), and carries through to the Iraq war (which he steadfastly argued we are LOSING). I am now willing to hope for a FASTER recovery!

Posted by: Bob American | December 20, 2008, 10:16 am 10:16 am

Do the Repubbies posting here actually believe that it was the government who wrote those $64 trillion in phony credit default swaps that created this mess?
What a bunch of idiots. It’s no wonder Bush can get elected twice..

Posted by: an atheist | December 20, 2008, 10:16 am 10:16 am

That’s ok, the forthcoming Obama administration’s spending spree will put us another $900,000,000,000.00 in debt. My grandchildren will wonder what the hell you were thinking.

Posted by: Superpower | December 20, 2008, 10:17 am 10:17 am

Biden says what he thinks. Many economists agree with him. Obama also notes more money needed. So what do we get for comments? anti-Biden remarks because we want to hear cheerful if erroneous nonsense…ok: all is well. Your house doubled in value. Your jobs are all safe. Happy now?

Posted by: fred lapides | December 20, 2008, 10:18 am 10:18 am

Joe– all the people who came here from Drudge are used to the govt lying to them. Telling them the truth is upsetting. Please tell them the economy is just fine, the Iraq War is going swimmingly, and everyone will get a pony for Christmas. Thanks

Posted by: bluesteel | December 20, 2008, 10:21 am 10:21 am

Congress is in charge of the budget, not Bush, Congress is that thing the dems have been running the last four years… (Iraq started 2003)
And everybody knows dems know what they are doing when it comes to economics because you know… California and New York are perfect examples of balanced budgets…
(In reality, the first thing you learn about economics is whenever an economic policy is enacted, it takes at LEAST five years to have any affect on the economy and sometimes longer… Ten years even! It will essentially take five to ten years at LEAST to get out of this. Go take microeconomics 101 and take like government 101 too…)

Posted by: joe | December 20, 2008, 10:26 am 10:26 am

Who cares what Biden said? The issue is what does Obama do. All this talk about money is useless anyway. The present policy will create inflation every single time. The country needs an economic recovery based on nuts and bolts, not bailouts. We need capital-intensive infrastructure projects that facilitate an increase in physical productivity. We need increased energy production to turn the wheels of industry. The real economy is a relationship between producers and consumers, not financiers and losers. Let’s talk about steel, machine-tools, transportation systems, power plants, etc. Then, we are serious.

Posted by: Tom | December 20, 2008, 10:29 am 10:29 am

I am going to love the next four years Biden will be the new Dan Quayle! Finally the dems will have their blooming idiot.
Oh’ and by the way Oboma talked the truth to everyone he said he was bringing change into your lives and he is. He will be TAKING YOUR dollars and leaving you with YOUR CHANGE!!!!

Posted by: Robert | December 20, 2008, 10:30 am 10:30 am

This economy is in the tank…..let’s vote ourselves a raise!!! Makes so much sense! It would be too much to expect to hear him criticize Congress’ raise!

Posted by: ObubbaBiden | December 20, 2008, 10:31 am 10:31 am

Who cares what Biden said? The issue is what does Obama do. All this talk about money is useless anyway. The present policy will create inflation every single time. The country needs an economic recovery based on nuts and bolts, not bailouts. We need capital-intensive infrastructure projects that facilitate an increase in physical productivity. We need increased energy production to turn the wheels of industry. The real economy is a relationship between producers and consumers, not financiers and losers. Let’s talk about steel, machine-tools, transportation systems, power plants, etc. Then, we are serious.

Posted by: Tom | December 20, 2008, 10:32 am 10:32 am

Judging from congress raising their salary by 2.8% yesterday, they can’t think it’s all that bad :)

Posted by: Olaf | December 20, 2008, 10:34 am 10:34 am

It’s really amazing how many of you right wing nut jobs on here are hoping the economy does tank so that the Dems get the blame. Even after the last 8 years of having our mentally challenged leader do everything in his power to screw up the country and you still don’t seem to get it. Our incoming president is actually INTELLIGENT!! give him a chance. You call yourselves patriots but you seem to care less about the country and more about your own team.

Posted by: courtney | December 20, 2008, 10:35 am 10:35 am

Joke “Lunchbox” Biden is a Feebleminded, Ignorant Moron, followed by Ted Turner, who simply likes to hear himself talk(mental defect) to anyone who will listen to his rambling, incoherent rants, and overlong, factless answers based on delusional and fantasticial musings of the 10th degree, that can only bring concern and alarm to the Electorate and the Media is a willing shill for this, but I could be wrong. Thank You. Caio’

Posted by: dennisl59 | December 20, 2008, 10:40 am 10:40 am

This is the single largest transfer of wealth from the taxpayers to corporations in history.
Where is all the money the taxpayers (Bush) gave to AIG, the Banks and Brokerage houses? Those trillions have done nothing but make the wealthy secure and impoverish the working class (those who still have jobs) for generations.

Posted by: Jim | December 20, 2008, 10:40 am 10:40 am

All of this talk is to prepare the country for what is coming. Obama and his crew have no idea about business, they are socialists and want to end capitalism. By saying it will be terrible and take years only means they can’t be held responsible while in office. The back bone of the US economy is small business and they have no plans for that.What they don’t know is the Americans have been living well for years and are not prepared to go back to a lot of pain. This new government will not last 4 years.

Posted by: tk | December 20, 2008, 10:40 am 10:40 am

Little Georgie said “He also has some news on the dog front”
So now she’s *not* going to be the Secretary of State??

Posted by: Puzzled Pete | December 20, 2008, 10:45 am 10:45 am

Want to stop the economy from tanking? Tax all income for social security (7%) and not just the first $107,000. Make the employer contributions cap at where it is now but make the employee contribute 7% for each and every dollar earned. Social Security would be solvent in a couple of years. Once we know that all of our futures are in good shape with our retirement Social Security in the bank things will begin to look better. Just saying,

Posted by: graydon | December 20, 2008, 10:46 am 10:46 am

If you think that just by saying that the economy will tank, then it will, you are delusional.
Biden identified something that could happen. He is saying that there is a real danger. He is not wrong.
The democrats are not interested in replacing capitalism with socialism, they are interested in saving capitalism, that is why Obama put so many market economists on his economic team.
By the way, I voted for McCain. So far the problems with this economy have more to do with the fox watching the hen house, or being in cahoots with the fox. Some of it is the democrats fault (Barney Frank) but the bulk of it is Bush’s fault.

Posted by: mutley457 | December 20, 2008, 10:48 am 10:48 am

What ! ! Please tell me I’m wrong ! ! The “CHANGE” you voted for might be decades in coming ? ?
And those of you who insist Obama must be given “time” do deal with the crises about to befall this country….How about we give Obama as much time as you gave Bush when he took office. Like maybe 30 seconds after being sworn in Bush was held responsible and accountable for everything that happened afterwords. The minute Obama is sworn in, He’s responsible. Period. “The Buck Stops Here” as Harry Truman onc’t said. Think Obama will accept that same responsibility??

Posted by: Joseph Spehar | December 20, 2008, 10:50 am 10:50 am

The selective amnesia of some people (neocons) is simply incredible. Folks don’t forget that until now the Administration still Republican and all this mess was created by them. I am glad that at least we have a President-elect that has English as his mother tongue and a Vice-President that can tell you the truth. Bush lied to take us to a war that killed our young men and women and enriched Halliburton, Cheney lied and continues to lie about everything conceivable.

Posted by: Filinto | December 20, 2008, 10:51 am 10:51 am

Biden is right,look at the layoffs:
http://www.layoffdaily.com

Posted by: Fed Up | December 20, 2008, 10:57 am 10:57 am

Biden is the worst VP in American history, and he isn’t even VP yet. He is a dipstick from the word go and America is just going to have to ignore his feeble attempts to grab the spotlight. With his ridiculous comments about the economy, he may have guaranteed his obscurity for at least the next four years, or whenever Obama chooses to replace him…I didn’t think it was possible to make Dan Quail look like a genius, but Biden is doing it effortlessly!!!

Posted by: John G., NYC | December 20, 2008, 10:58 am 10:58 am

Someone should put a muzzle on that idiot Joe Biden.

Posted by: me | December 20, 2008, 10:58 am 10:58 am

Do I think that neo-cons would be spending a trillion dollars if they didn’t think the economy was tanking? Yea, I do. First of all, where that first stimulus package went in the finance sector, no one knows for sure (except for those that got it)- and it’s being kept confidential “for our own good”. Right! And as for the auto bail out loan, announced on FRIDAY BEFORE CHRISTMAS, it will effectively bust the largest union in the U.S. So, how shall I sum this up…Bush and Co. are leaving Washington with all the $$$ and the blue collar workers who will have to really “stimulate” the economy are getting stuck with a monumental job at half their bargained pay and benefits. Oh, yea, another thing…the banks STILL aren’t loaning money that WE have given them to work with. Yea, I think Bush would do all of this…..

Posted by: madisonhack | December 20, 2008, 11:00 am 11:00 am

Look, I’m no Biden fan, but why get upset by his telling the truth? If I have cancer, I want my doctor to tell it to me straight. We’re in deep doo-doo. It’s just that simple, and to criticize the messenger is like whistling in the graveyard. The Dems and Republicans are equally responsible. It’s the borrow and spend Republicans, and the tax and spend Democrats that got us here. History will prove that our last hope was Ron Paul and we blew it.

Posted by: BillH | December 20, 2008, 11:01 am 11:01 am

That’s great news; ’cause Biden’s always wrong!

Posted by: Cogs | December 20, 2008, 11:02 am 11:02 am

I’ll take Joe any day over Sarah “Looking at Russia from my porch is foreign policy experience”.

Posted by: Edward F | December 20, 2008, 11:02 am 11:02 am

In February this year, Bush said the economy was not headed into a recession: in April he said the nation was NOT in a recession. But yesterday?
“Citing danger to the national economy, President Bush approved an emergency bailout of the U.S. auto industry Friday, offering $17.4 billion in rescue loans in exchange for tough concessions from the deeply troubled carmakers and their workers. Allowing the massive auto industry to collapse in the middle of what is already a severe recession “would worsen a weak job market and exacerbate the financial crisis,” Bush said. “It could send our suffering economy into a deeper and longer recession. And it would leave the next president to confront the demise of a major American industry in his first days of office.”
And Bush is the incumbent President – yet the posters here attack Biden for stating the obvious and the truth? Get real.

Posted by: Bill Adkins | December 20, 2008, 11:03 am 11:03 am

Why screw up the transition to Neo Con dictatorship? Stand back and watch the fascist wet dream come true. Cave the Middle Class and convert it to one homogenous proletariat governed by politburo.
That _was_ the Bushist plan. Today’s crisis was, of course, deliberate and would have worked well for the fascists had the People not taken election 2006 and called a halt to the transformation.
Near tanking? The economy began to tank the moment fascism entered the White House.
http://www.light-to-dark.com/obama_confronts_the_corporation.html
Now that’s the bottom line, George.

Posted by: lthuedk | December 20, 2008, 11:05 am 11:05 am

Can anyone name ONE thing the Bush administration has done right?

Posted by: jaleh | December 20, 2008, 11:06 am 11:06 am

Bailing out the “Executives” while the people starve makes as much sense as painting the roof of your house while termites eat out the Foundation.
It’s gonna fall no matter what color you paint the roof.
The foundation has been shattered and grass roots have been poisoned.
At least we can still give Congress the pay raise they so deserve………

Posted by: puka man | December 20, 2008, 11:06 am 11:06 am

Biden is an incompetent fool. He gets a pass from a compliant media despite decades of boorish behavior coupled with a lack of brainpower. He makes Dan Quayle look like Einstein.

Posted by: Tom Browne | December 20, 2008, 11:08 am 11:08 am

According to this research organization, which has been eerily accurate in predicting economic events even to the month they occur, the US is headed for what will be known as the “very great depression,” even worse than the 1930s. It is likely that the US will default on its debt next summer, and then all hell will really break loose. Read more here:
http://europe2020.org/?lang=en

Posted by: John | December 20, 2008, 11:11 am 11:11 am

What has our Liberal house and senate done during the last two years to improve our economy. Do any of them understand how to start or run a business. Could they come up with a substitute for the internal combustion engine. A company cannot manufacture it’s own money. Do the politicians have a right to ask you and I to support those who won’t support themselves. (Handicapped excluded).

Posted by: Marv Chell | December 20, 2008, 11:13 am 11:13 am

The right wing and the Republicans are attacking Obama/Biden before they take office, but never forget, this Great Depression II is brought to and produced by the Republicans and George W. Bush delivered it to you. December 2008 is a lot like December 1929 and the worst is yet to come.
Heckuva job, Republicans.

Posted by: Bill Adkins | December 20, 2008, 11:14 am 11:14 am

Uh-Huh:
That’s kinda funny to here so much concern coming from a representative of the incoming administration that wants to reward people who are in this country illegally by granting them citizenship?
Jobs and job creation?? You got to be kidding! How are you going to protect the few jobs we have left when you open the doors at our borders and drive down the living wage even further with cheap labor that also becomes a burden on our already unsustainable welfare programs.
Taxpayers don’t pay taxes if they don’t have jobs. The only thing that’s going to happen in Washington on the 20th of January is that we will replace one idiot who stumbles over his own tongue with another idiot who has been gifted with a silver tongue!!!

Posted by: GT Horvat | December 20, 2008, 11:17 am 11:17 am

Not to worry, Joe has been wrong on everything in the past.

Posted by: Ted | December 20, 2008, 11:18 am 11:18 am

Can anyone name ONE thing the Bush administration has done right?
Posted by: jaleh | Dec 20, 2008 11:06:37 AM
No – but there’s a hell of a list of what they’ve done wrong. Bush and the Republicans had control of the government from 2001-2006, yet some yayhoos ask stupid questions like, “What has our Liberal house and senate done during the last two years to improve our economy.”
What the Republicans did to our economy is like being attacked at Pearl Harbor and it being an inside job – the Republicans and George W. Bush have done more to bring America to her knees than all her enemies, including Osama bin Laden.
Democratic leaders are good leaders – but they are not miracle workers and it’s going to take time and more of a majority than 2 seats in the Senate – good news is it looks like Franken’s going to make it 59. George W. Bush and the Republicans make Jimmy Carter seem competent. Carter should send Bush a Hallmark card every week for making him the SECOND worst president in American history.

Posted by: Bill Adkins | December 20, 2008, 11:20 am 11:20 am

Obama has PLENTY to ridicule, and that’s just for starters. Before, he starts failing all over the place.
The only people that say otherwise are the kool aid drinkers.
Biden the gaffe machine will be an endless source of comedy, too.

Posted by: David Vest | December 20, 2008, 11:22 am 11:22 am

A good number of posters are defending Biden’s goofiness by saying, “He’s just telling the truth!” That may be. However, just because something is true doesn’t mean it’s a terrific idea for a leader of the country to be spouting it to the media.
Do you really believe that Bambi and his boys were pleased when they first heard this statement? They’re going to have to figure out where to lock him up or how to shut him up. How long before he goes out and says somebody is going to try to assassinate Bambi? That’s probably true, too. At least JFK (whom the Bots love to compare Bambi to) had the sense to pick a REAL American politician in LBJ. He was a fool in a lot of ways, but running his mouth off about national issues (security and economic so far in Biden’s case) wasn’t an issue with LBJ. I couldn’t stand LBJ politically, but I had no trouble respecting him and trusting him as my president. There are no American Dems any more apparently. (Hey. Don’t yell at me. Like Biden, I’m just saying what is so–that’s another elephant in the room, doncha know)
Joe may be a good politician, but he’s not a good leader. He’s an idiot.

Posted by: Ann | December 20, 2008, 11:25 am 11:25 am

The wealthy and the stupid have this in common, they fail to recognize a recession or a depression.

Posted by: Lyn | December 20, 2008, 11:27 am 11:27 am

“Republicans had control of the government from 2001-2006″
When a party has absolute control, widespread corruption and disaster will take place.
The Dems will FAIL just like the Repubs did. No difference whatsoever between the two because they are both controlled by extremists, both corrupt to the bone.
People that believe there is a good guy party and a bad guy party are dupes.

Posted by: Dood | December 20, 2008, 11:27 am 11:27 am

Did anybody see the Rachel Maddow report on Wednesday (I think). Goldman Saks paid taxes last year at a rate of 1%. Yes 1%. The previous year it was 34%. Apparently GS has sent much of its operation headquarters overseas to avoid paying taxes. So, as Maddow points out, the taxpayers, who generally pay at a rate of 15 to 34% (I said generally, knowing that I’m not including all tax rates)will be paying for GS’s operations while GS pays almost nothing on an over 200 billion dollar yearly profit.

Posted by: Ellen | December 20, 2008, 11:27 am 11:27 am

Go Joe!!! What’s wrong with telling truth???? I guess we Americans have been lied to for so long that when a VP tells the truth people can’t take it!!!!!!

Posted by: Bonnie | December 20, 2008, 11:28 am 11:28 am

Democrats amaze me. Biden wants us to step up to the plate, take the plunge, do the patriotic thing, and give him more of our money in taxes. If giving 95% of Americans a tax cut (which is impossible since 40% don’t pay taxes) is going to stimulate the economy, why take this money in tax increases in the first place?
Our governor here in Michigan pushed through the largest tax increase in state history last year, yet 2 1/2 months into this we’re projected to be 1 BILLION short. She cut 5 billion in state programs in the 6 years she’s been here, yet the state budget has gone UP every year. WHY? Because she won’t quit spending money on new programs.
Sound familuar?? Me thinks she is just what Washington needs.

Posted by: stuckinmichigan | December 20, 2008, 11:29 am 11:29 am

Get over Bush all you lefties! It’s all about Obama / Biden now and there’s no one to blame now but Democrats. They wanted the power, now deal with the angry masses.. Have a fun 4 years Obamb???? There’s no where to hide now!!!

Posted by: funnything | December 20, 2008, 11:31 am 11:31 am

I think the Government should just pay for everything, so we can get back to basics that much morequickly. You know…the basics…barter, indentured servitude , debtor’s prison. Yep…the good old days.

Posted by: calirangr | December 20, 2008, 11:34 am 11:34 am

Biden will provide more funny sound clips than any VP in history. How many times does he need to eat his feet before he realizes he does President-elect Obama more harm than good everytime he opens his mouth. Biden will make for good late-night jokes!

Posted by: California conservative | December 20, 2008, 11:34 am 11:34 am

Biden has had a rol to play in the economic fiasco with his sweetheart deals with Credit Card companies who have been ripping off the users for years with Biden’s blessings and support, why hasn’t this been reported George?
We must remove the current politicians who have been there for more than 10 years, no exceptions, and introduce strict term limits and do not allow any family member to follow the incumbent

Posted by: Florida Jim | December 20, 2008, 11:40 am 11:40 am

Does Biden think he is Spiro Agnew?

Posted by: Scorpio42 | December 20, 2008, 11:42 am 11:42 am

So, what’s wrong with a tanking economy? Oil is around $30 a barrel (can’t wait for OPEC collapse), great sales everywhere, inefficient companies are packing it in, the crooks on wall street are caught with their pants down, stocks are a bargain, housing prices are more affordable. The economy is rebooting. Life is good.

Posted by: Sal Monella | December 20, 2008, 11:43 am 11:43 am

Why is Biden a scrooge for rightly warning that the economy is in danger of sinking into another Great Depression, or worse? Warren Buffet has been warning of this likely-hood for years?

Posted by: Xeno77777, ST. Petersburg, FL, USA. | December 20, 2008, 11:43 am 11:43 am

George, you little Whitehouse rat sniffing poostee!!
Once in Whitehouse, always in the Whitehouse. Since America has the collective IQ of a dog worm, they can’t put together the flood of highly-secretive former Government employee’s being sent to work for the media, undercover.

Posted by: Message in a bottle | December 20, 2008, 11:44 am 11:44 am

Nobody was listening when conservatives sounded the clarion. Here’s “hoping” you all like the “change” you voted for, that’s coming. What? The Great O can’t just wave his hand and all woes be gone? I’m sure Mr. Transperancy has a plan. He’s just not saying. No worries.

Posted by: BetsyRoss | December 20, 2008, 11:45 am 11:45 am

Biden is right: with Obama at the helm this economy will tank.
The single best thing they could do is lower taxes (a flat tax being the best idea). So what does Obama propose? Higher taxes. What a moron!
Conservatives and thinking individuals, it’s time to start buying guns and ammo. Liberals, it’s time for you to start assuming the fetal position.

Posted by: JB | December 20, 2008, 11:48 am 11:48 am

So the angry right-wingers are upset because someone speaks the truth about the economy? Spare me. I’d much rather have someone telling it like it is rather than Bushie Jr. calling a bail-out a “resuce package” or McSame calling the fundamentals of the economy “strong” when it’s so obvious they are not. Biden – QFT.

Posted by: meh | December 20, 2008, 11:48 am 11:48 am

I can see it all now. All of Obama’s mistakes (I’m sure there will be a great many) now will be blamed on Biden. He will make the democrat’s a great fall guy. I guess they planned this all along.

Posted by: Laurie Kirby | December 20, 2008, 11:48 am 11:48 am

At a time when we really could use a Reagan to inspire us toward rebuilding America, we get a Biden to talk down the possibilities of a swift recovery. Or, as President Bush said regarding education, Biden gives us the religion of lowered expectations to live down to vs. boosting spirits with something to live up to.

Posted by: tarheelmaam | December 20, 2008, 11:50 am 11:50 am

The Obama crew should provide laughs every day!! Get your guns, food and water now . I think you’ll be needing them!!!

Posted by: ynot | December 20, 2008, 11:51 am 11:51 am

There’ll be plenty of humor in the Obama years. Off the top of my head:
“Did you hear about the guy in Michigan who wanted to throw his shoe at Bush? He couldn’t. His kids ate it.”
Thank you, thank you.

Posted by: smchris | December 20, 2008, 11:52 am 11:52 am

Keynote statement for Obama’s inaugural speech to set the tone for his administration: “The only fear we need to fear is Hope!

Posted by: J. Alejandro | December 20, 2008, 11:52 am 11:52 am

We are without doubt in the early stages of the setup of the one world government. Look for an international savior in the not to distant future when things look like they are at the very end. Any ever read prophecy about the end time events?

Posted by: craig | December 20, 2008, 11:53 am 11:53 am

It’s not Joe Biden’s comments that depress me, it is all the thoughtless comments of closed minded Americans, too comfortable in their denial fantasys. You think he’s blowing smoke, just wait till the smoke settles. No, forget that go on as you do for you still won’t get it. Sleep on America…….watch Nascar heroes go round and round and eat your chips……………..

Posted by: emptycloud | December 20, 2008, 11:53 am 11:53 am

This is the problem with someone who has worked in government their entire life–they have no idea how to manage messages and what impact it has on the market. Biden is an idiot and Obama’s choice for VP shows he’s an empty suit only amplified by the selection of Daschle. Obama isn’t loyal, does what he’s told, and will do anything to follow the crowd. God, I hope Jeb Bush runs in the next cycle. This cabinet could be the worse yet.

Posted by: STR | December 20, 2008, 11:53 am 11:53 am

Isn’t it amazing how the media couldn’t contain themselves because Dan Quayle misspelled a word but you have a complete dolt like Biden and they just look the other way. This country has become so pathetic …

Posted by: PEK | December 20, 2008, 11:53 am 11:53 am

Tanking? It’s already tanked. It tanked in 1993 when Congress and the President passed legislation requiring mortgage companies to make loans to people who couldn’t repay them. As for the person who said we had a surplus when Clinton left office … the national debt was $5 trillion at the end of 2000. He only balanced the budget after the Republican Congress passed the balanced budget amendment in 1995.

Posted by: Jerry | December 20, 2008, 11:54 am 11:54 am

Instead of whining about how bad the economy is and how bad corporations are…GO OUT AND DO SOMETHING ABOUT IT!!
Don’t enslave yourself to the man by buying into the false notion of “there’s safety in having a job.” Screw that. Go start your own job…go start your own company.
There are ENDLESS opportunities for starting your own company and making money in this country even in a down economy.
Governments don’t create wealth…people do. So go do it yourself instead of complaining about how executives get paid too much and ship “jobs” to India. If you don’t like that…THEN DON’T GO WORK FOR THOSE COMPANIES. How hard is that??
But, I know that 99.9% of the people who read this will ignore me and continue to gripe and complain. Power to the 0.1% who will actually get off their behinds and make change…instead of waiting for some political savior to do it for them.

Posted by: Mark Murphy | December 20, 2008, 11:58 am 11:58 am

What’s the fuss about? He is saying only what most of us know anyway. We are a step ahead of another “Great Depression.” Both parties bought and promoted the global economy and promoted trade with China as something that would open Chinese markets to American business and industry. Europe bought it too. We are living with the results. We handed over our economy to Asia. The future is not with the West.

Posted by: DLF | December 20, 2008, 11:58 am 11:58 am

Well, lets see here. 700 Billion went to over 8 Trillion. Now Biden is saying unless they do something drastic … say … pump in another 700 Billion … the economy will seriously tank?
Do you people think there is a secret vault under D.C. where TRILLIONS of Federal Fiat Notes are stored?
Do any of you even have a clue of how they got us in this mess? By borrowing money that does not exist! So … on top of the 700 Billion … which does not exist, it went to 8 Trillion … which does not exist, and now ANOTHER 700 Billion … which does not exist.
They are borrowing “money” at interest that doesn’t even exist except in the heads of the Federal Reserve Bankers who are more than willing to loan the government “money” that does not exist at interest.
You guys don’t see the scheme … do you?

Posted by: Agent Provocateur | December 20, 2008, 11:59 am 11:59 am

Joe Biden Says:
Stand up Chuck.. Oh gosh Chuck is disabled he cant stand up…
Paying more taxes is patriotic!!!
Barack is a clean black guy and he can speak well too!!
PLEASE keep it up Joe, I cant wait for Michelle to start also. Fun for all the next 4 years……..

Posted by: forsure | December 20, 2008, 12:00 pm 12:00 pm

“Tanking? It’s already tanked. It tanked in 1993 when Congress and the President passed legislation requiring mortgage companies to make loans to people who couldn’t repay them. As for the person who said we had a surplus when Clinton left office … the national debt was $5 trillion at the end of 2000. He only balanced the budget after the Republican Congress passed the balanced budget amendment in 1995.
Posted by: Jerry | Dec 20, 2008 11:54:58 AM
Wow, Jerry – what’s it like to post from that vacuum devoid of facts you inhabit? Tell us what legislation you’re talking about, and remember- When Bill Clinton left office we were experiencing the greatest economy this nation has ever known and the national debt was around $5.5 trillion.
It only took George W. Bush and the Republicans in congress eight years to double the national debt and deliver the Great Depression II. Again, the Republicans meet expectations.
Heckuva job, Republicans.

Posted by: Bill Adkins | December 20, 2008, 12:00 pm 12:00 pm

Oh brother….Joe “The Delaware Diamond” Biden…I just pray every night now that President Obama remains in perfect health. The words, President Joe Biden, should send a chill up the spine of every citizen of planet earth.

Posted by: Mispel | December 20, 2008, 12:00 pm 12:00 pm

I find it laughable that Obama and the Dems have spent all this time telling us how bad it is and why the Bush administration of the last eight years is the problem. And now they want to tell us its worse than they thought. Were these people not in the Senate? And what part of information relating to the economy were they not privy to? These people have talked us into believing its all bad. And now they want to tell us that it will take years to fix? I thought they had all the answers. They represented themselves as those who knew exactly what was needed. Change! Change we deserve! Change we can believe in! The real change will come in two years and then in four years when we kick these charlatans out, hopefully for good.

Posted by: Mike | December 20, 2008, 12:01 pm 12:01 pm

Talk about “shooting the messenger” because you don’t like the message. Joe is right. All you non-believers and wishful thinkers had best get use to the idea cuz there’s a depression coming to city near you like it or not, ready or not. This economy is going to experience the “mother of all corrections” Joe Biden and Barak not withstanding. McCain should be thanking God every day that he will not be presiding over it.

Posted by: Bigray | December 20, 2008, 12:02 pm 12:02 pm

People need to stop with pointing out the surplus Clinton had in his term as if Clinton was some great economic genius. The dot com boom caused the surplus, not Clinton. Clinton was just along for the ride like the hood ornament on a limozine. The good times had also gone bust while Clinton was still president. It’s the expansion of the Community Reinvestment Act under Clinton that set the stage for the current financial meltdown. So please stop with the Clinton worshiping. No president is going to do what needs to be done in this current situation because it would involve more pain in the short term to avoid much greater pain in the long run. Even if someone with the balls to do the right thing like Ron Paul was elected president, he still wouldn’t be able to get anything past all the dopes in Congress.
Better start stashing bullion in your walls people. Massive inflation is looming on the horizon.

Posted by: Pyronaught | December 20, 2008, 12:03 pm 12:03 pm

Hey, MIKE!! The charlatans of which you speak will be leaving office as soon as this congress adjourns and 1/20/2009 will be the end of an error.
When Bill Clinton left office we were experiencing the greatest economy this nation has ever known and the national debt was around $5.5 trillion.
It only took George W. Bush and the Republicans in congress eight years to double the national debt and deliver the Great Depression II. Again, the Republicans meet expectations.
Heckuva job, Republicans.

Posted by: Bill Adkins | December 20, 2008, 12:05 pm 12:05 pm

People, please don’t be duped…this is a classic political move…nothing more, nothing less. It is a pre-emptive statement to be able to place blame elsewhere if/when the economy gets worse under the new administration’s watch…if it does, they can go back to this and say, “See, we told you so….it’s not our fault…they economy was tanking when we took office.”
Classic blame displacement…

Posted by: Mark | December 20, 2008, 12:05 pm 12:05 pm

Biden is a complete idiot. He has essentially never been right on any domestic or foreign issues since he has been in politics. The economy has been in a recession for 13 months now and will start pricing in a recovery within a few months. The impact on consumer spending due to the drop in the price of gasoline will have a large effect on the recovery..approximately $1.5 billion per penny drop in gas. The democrates and the Black Caucus pushed the economy into this situation by forcing the banks and other lenders into making mortgage money available to people that had little chance of ever being able to repay their debts. Want to put the finger on the economic slowdown try Barney Frank and the other liberal democrates who were taking money from Fannie Mae and Freddie Mac. Biden is a loser before being sworn in as VP.

Posted by: Tom | December 20, 2008, 12:09 pm 12:09 pm

“Every single person I’ve spoken to agrees with every major economist. There is going to be real significant investment, whether it’s $600 billion or more, or $700 billion, the clear notion is, it’s a number no one thought about a year ago,” he said.
Yea and a year ago most economists/TV pundits (Yes you CNBC) didn’t see the economy/market crashing. In fact they were saying buy buy buy. (You again CNBC) What do they know?
FYI the few who did predict a year ago the current market crash are now saying the bailouts will only make things worse. My moneys on them.

Posted by: YCL | December 20, 2008, 12:10 pm 12:10 pm

Hey Bill Adkins: Talk about someone living in a vacuum. Does 911 ring a bell in that empty head of yours? And who was asleep at the wheel for eight years while al qaeda planned the terrorist attacks. Bill Clinton was obviously distracted. And if you check your facts the longest continuous period of economic growth started with Reagan.

Posted by: Mike | December 20, 2008, 12:12 pm 12:12 pm

Blame this mess on all the liberals that wanted every American to own a home. Blame also goes on the federal regulators/Bush administration for not stopping it. Next time smarten up and vote independent.

Posted by: vote indy 2008 | December 20, 2008, 12:16 pm 12:16 pm

Lets just let the Democrat Party complete the ruination of the USA so everyone can see once and for all how incompetent they are!!! the Dems are the stupidest, vote buying party that has ever existed since America began.. 4 years should be enough time for them to compleete their evil work, then the real American Patriots can step in and renew the USA to it’s true great status in the world…..

Posted by: asiff | December 20, 2008, 12:16 pm 12:16 pm

2009, 2010 will be better.
We need 3 things
Open trade witrh Cuba to sell our stuff
to them. Green Business Investment
And Infrastructer jobs.
We cAn do It This Is a great Country.
We can built Military stuff too.
-Val……..HappyNewz com

Posted by: kim | December 20, 2008, 12:19 pm 12:19 pm

Joe, the `pessimist, plugs, person of irrelevance, pro-government mental case, you’re a not a patriot unless one agrees to have his income confiscated for the benefit of parasites’, Biden is an idiot.

Posted by: Tommy Richards | December 20, 2008, 12:19 pm 12:19 pm

I keep reading about Biden the idiot and Obama the brilliant messiah. Didn’t Obama choose Biden? May this new administration enjoy their recess because school is in session soon and we will see who can really take the heat when you can’t blame Bush anymore.

Posted by: exteach | December 20, 2008, 12:19 pm 12:19 pm

Good Lord, the economy starting tanking when the Dems took control of congress back in 2006. I place blame on the re-pubs too, but where in a lot of trouble with these two morons.

Posted by: Kyle | December 20, 2008, 12:24 pm 12:24 pm

********* PREDICTIONS **********
1 year- The Dems will be attacking eachother without mercy!
2 years- Obama will be impeached for nummerous laws broken!
4 years- The Democrat party will cease to exist as a viable political party!

Posted by: as if | December 20, 2008, 12:30 pm 12:30 pm

chill out. we have seen this before. Just remember the 4 years of Carter. socialism does not work. the people Omama wants to put to work are not employable. He wants to change that by putting computers in school for each student. great,they can’t read or write so they can watch cartoons on the monitors. this will be a mess for 4 years and then be over. if bush wasn’t so bad we wouldn’t be here by we are so chill out and watch the collapse.

Posted by: tk | December 20, 2008, 12:31 pm 12:31 pm

Posted by: asiff :2009, 2010 will be better.We need 3 things-Open trade witrh Cuba to sell our stuffto them. GreenBusiness Investment And infrastructer jobs.
We can built Military stuff too.
-Val……..HappyNewz com
WHAT PLANET AE YOU LIVING ON?????

Posted by: Vaszely | December 20, 2008, 12:33 pm 12:33 pm

Biden is one of the “Good Ole Boys” from Congress who have driven us into this financial mess with their inept regulation of the economy and non-regulation where it was needed!! I am sure he knows more about how bad they screwed it up than the average citizen

Posted by: wildcat | December 20, 2008, 12:35 pm 12:35 pm

Vaszely**** I think you’re refering to Kim’s post.

Posted by: as if | December 20, 2008, 12:38 pm 12:38 pm

I’ve got a question for all you people who are getting down on Biden……….
If he’s such a loose cannon with his lips……WHY DID YOU VOTE FOR HIM????
Would you trust him to talk with the Russians or the Islamic terrorists for us???!!!
DIDN’T YOU THINK OF THAT WHEN YOU WERE PULLING THE VOTING LEVER ???!!!
WHAT ELSE WERE YOU NOT THINKING OF WHEN YOU VOTED FOR THIS “PACKAGE DEAL” ???!!!

Posted by: Yewbee | December 20, 2008, 12:38 pm 12:38 pm

I have read through a few of these posts and I am always surprised at how quickly people forget and how lock-step mindless most people really are when it comes to reading through the political B.S..It always seems like the vague, catch phrases like “they have screwed everything up in the past eight years” is suppose to some how explain and “put the blame” on the person or persons responsible. If you read through President Bush’s inaugural speech in 2001, his goals were to provide a tax cut, reform Social Security and Medicare, a stronger defense, and a new educational package. Mr. Bush also emphasized that we americans should be responsible citizens. I think that the redeclaration of war that the radical islamic Jihadists carried out on 9/11 changed all of our lives, including Mr. Bush’s. Remember, this “Holy War” has been going on for about 1400 years, and 9/11 was merely a reaffirmation of this ongoing conflict.
We always seem able and ready to place blame. So let’s place blame on the people who really have the responsibility namely our elected officials in Congress. They are the ones with the pens and checkbook. If we want more action or results we must take that message to the Congress, and have them do their jobs correctly, or remove them from office. Where was the congressional oversight on FreddieMac and Fannie Mae? Why did Barney Frank and company argue for more lenient standards for potential homeowners 2003-2004? And how did this mess go on for so long? Where was the auditing on CITI, Morgan Stanley, AIG etc., that every company is suppose to have to comply? What we have is a situation with little or no oversight or appropriate standards, greedy executives and greedy people who knew that they couldn’t handle their house payments and now our elected officials want to spend even more money that we don’t have for another “stimulus package”. So we all can go and spend our $300 to $600 to buy some more crap from China or India. How is spending money, and in so doing, sending that money to overseas companies going to create new real jobs here in America and support the develpoment of new markets/economy.What we need to do is fire the entire bunch, including the phony reformer Mr. Obama.
From Mr. Obama picks for his cabinet, and the two scandals in Chicago and Ohio before his inaugural speech, all adds up to the same old B.S. from the Dems, this time Chicago style! He never was a reformer in the past, now, or in the future.
EAB

Posted by: EAB | December 20, 2008, 12:39 pm 12:39 pm

It seems the Conservatives amongst us would rather continue to have smoke blown up their behinds rather than have the truth spoken to them…
Well I for one am tired of a administration that just can’t tell the truth.
Maybe we had been told the hard cold truth for the last eight years by Bush and his crooked cronies, instead of having smoke blown up our behinds, we might not be standing at the brink of the destruction of our entire society.
For you whining Conservatives, please go back to sticking your heads in the sand (like you have done for the last eight years)… At least then the rest of us won’t have to put up with your moronic rantings.

Posted by: Gambler | December 20, 2008, 12:39 pm 12:39 pm

Say it ain’t so Joe.

Posted by: Toyin | December 20, 2008, 12:39 pm 12:39 pm

People just calm down and take a deep breath. Everything is going to be okay. BO said he is going to make everything better. Why between borrowing 700 billion from the chicoms and pumping another 7 trillion into the economy everyting is going to be peachy keen. Oh and dont let the fact that our paper currency is now practically worthless worry you. Need more money? Why just crank up the presses and churn more out. People need to realize that Republican or Democrat they are both equally worthless and corrupt. Hear that sound of a flushing toilet? Thats the sound of whats left of the United States going down the tubes.

Posted by: harrycallahan | December 20, 2008, 12:41 pm 12:41 pm

Biden is right. There is going to be a MAJOR dollar devaluation at the end of January. We will be in a depression. The banks are going to rule the world and America is going to form a North American Union with Mexico and Canada. They are already printing new money for this change over. Have you seen the new dollar coin that has come out?

Posted by: Rudy | December 20, 2008, 12:41 pm 12:41 pm

The same people who caused the problems will now solve them.

Posted by: BriteLight | December 20, 2008, 12:43 pm 12:43 pm

The simple truth is that “the people” create wealth while government makes rules and laws to compel “activity” — in its most extreme form it’s slavery to a collectivist entity where only the ruling elite acquire wealth! Activist government confiscates the wealth of the people, either through taxation or monetary inflation, and spends it in ways that acquire more power for the politicians! Reform? Short of revolution, let us constitutionally impose term limits on all politicians! Furthermore, let NO ONE at any level of government — either legislative or executive; federal, state, or local — be paid more than 5 times the real AFTER TAX wage of the average American worker. Sound like a plan?

Posted by: Bill | December 20, 2008, 12:45 pm 12:45 pm

He is an idiot, and all the newspapers could repaort was how dunb sara palion was, this guy is only a heart beat away from being the president, God, keep Obama alive the nation could not live through a Biden president

Posted by: fred b | December 20, 2008, 12:47 pm 12:47 pm

The doom and gloom talk will end right after obama takes office… just more political BS… and why does this thing keep telling me to enter a valid email address… duh..

Posted by: Larry | December 20, 2008, 12:48 pm 12:48 pm

The doom and gloom talk will end right after obama takes office… just more political BS… and why does this thing keep telling me to enter a valid email address… duh..

Posted by: Larry | December 20, 2008, 12:48 pm 12:48 pm

So what is the predominant driver of the economy? Is it single digit % of bad loans? Is it the president? Consider this- it’s the people and their attitude. Get the people thinking things are bad and they will stop or slow spending. Then business will slow down, people lose jobs, people default on mortgages because no jobs, things spiral down.
I submit the biggest culprit in the current crisis is the negative headlines of the left leaning media and the democrat spokespersons who have been creating the need for “change” for the past 7 years by browbeating anything good in the US. Now they are stuck with it for at least the next 4. Joe Biden will have a hard time switching tracks to positives now the need for “change” is over.

Posted by: bob | December 20, 2008, 12:50 pm 12:50 pm

Hey Gambler ******
The only moronic rantings I’ve heard are from the left for the past 8 years…. payback is a bitch isnt it!!

Posted by: as if | December 20, 2008, 12:50 pm 12:50 pm

Classic Politics 101 – set the bar as low for yourself as possible. And for Joe & Co., that’s pretty low…

Posted by: Wacky Obacky | December 20, 2008, 12:51 pm 12:51 pm

Rudy you are correct. The plans are in the works for the United States,Canada and Mexico to form the North American Union. And the coin your talking about which will be the common currency for all the countries is called the Amero. As I said earlier the United States is going down the tubes and I cant help but think if the founding fathers were alive to see what our country has come to today would they have even bothered with the revolution.

Posted by: harrycallahan | December 20, 2008, 12:52 pm 12:52 pm

That’s a good one Joe…Another well guarded government and media super duper secret brought to light by a con-gressional patriot.
I guess that automatic pay raise that con-gress voted itself will come in handy, especially after the tireless job they have been doing in providing that excellent oversight…Now if they can only figure out where that 8.5 trillion all ready doled out has gone…
I know lets ask Paulson and Bernanke where all this money is going…Oh, that’s right, they’re not talking…Well, that’s that, let’s go back to sleep until there’s another revelation…Until then, I’m clinging to my guns, gold and chili.

Posted by: IraqWarVet | December 20, 2008, 12:52 pm 12:52 pm

For the economy to tank three things have to happen:
1) Wall street will collapse so there is no way to value companies, their work and products.
2) The banking industry will collapse: your dollars won’t mean anything because you won’t be able to buy or sell anything because there won’t be a medium of exchange.
3) The insurance industry will collapse: there won’t be a way to protect your self against risk.
If this happens the economy will collapse.

Posted by: mutley457 | December 20, 2008, 12:53 pm 12:53 pm

Why is it that the states that have the largest support for the Republican party have the lowest per capita spending on education and the worst public education systems in the country?

Posted by: Gambler | December 20, 2008, 12:54 pm 12:54 pm

Yes Gambler I would like to leave you to yourselves. In fact I would like to take a pair of scissors and cut away all of the blue states and leave them to themselves as well. With a crumbling, rusting industrial system and no natural resources you would not last very long. All of the failings of the blue state philosophy will leave them in a heap of rubble and ash. Secession anyone? This time I think we can make it work and without all the negatives that were attached to the old movement. And instead of eleven states we would have about thirty seven states and Alaska. And in case you might want to go there, my best friend is an African American and he feels the same way. He is educated, respected in his community and not morally corrupt.

Posted by: Mike | December 20, 2008, 12:58 pm 12:58 pm

*** Gambler***
It’s because of the stupid things the left insist on including in education. The government ruins everything it touches!!

Posted by: as if | December 20, 2008, 12:59 pm 12:59 pm

@ Mike..
You sound like a real American Patriot… NOT!
@ as if…
Knowledge is knowledge… No matter where it comes from.
Why are the Conservatives so afraid of giving people a complete Education and then letting the people decide for them selves?

Posted by: Gambler | December 20, 2008, 1:06 pm 1:06 pm

Heaven forbid a politician actually speak truth to the people. Would you people rather be lied to? Our economy is a joke. We run higher and higher trade deficits every year. We don’t produce anything in this country anymore. We consume everything we can without the money to do it. Our deficit including entitlements is close to 50 trillion dollars. We now owe more than the total worth of all assets in the US. But hey, I’m just being pessimistic, we need some positive reassurance so everything will be aye ok. Wake up.

Posted by: jeremy | December 20, 2008, 1:07 pm 1:07 pm

Joe Biden, the Messiahs boggling side kick and court jester. Here’s looking forward to four years of Jimmy Carter in black face.
cheers

Posted by: me | December 20, 2008, 1:11 pm 1:11 pm

The government and businesses are a reflection of any hometown in America. There are swindlers, cheaters, hopefuls, doormats, crazies, and decent people. Unfortunately, in America, there are more nasty people than nice, and this year, the law abiding working citizen got one large lump of coal in their stocking and will have to walk around in it for the rest of their lives. bonjour ~~

Posted by: SanJuanMountains | December 20, 2008, 1:16 pm 1:16 pm

Biden is like the dishonest car mechanic who tells you the car needs a new engine when it’s just the spark plugs. He setting everyone up for a money grab by the dems buy scaring the hell out of dumb people. What a sleazebag.

Posted by: CJG | December 20, 2008, 1:19 pm 1:19 pm

Well, looks like the jig is up…(in the White House)

Posted by: Dewbee | December 20, 2008, 1:21 pm 1:21 pm

Obviously the Gambler hasn’t been to Washington State, and of course the education system in Kalifornia is another shiny example even if the state is going bankrupt…But finger pointing aside, there is enough blame to go around…The question is do we keep voting for the same people and expect a different result each time hoping they will do the right thing(talk about heads in the sand), or do we take our collective responsibility as responsible Citizens and demand accountability?

Posted by: IraqWarVet | December 20, 2008, 1:22 pm 1:22 pm

Anyone who thinks the economy isn’t on the verge of “totally tanking” is a fool. And I can’t believe those same people can’t see that Obama is gathering the best minds in the country to do whatever it takes to save the country. And to the fool who said..there is just not enough respect for Obama??? You must be one of those few delusional folks who think Bush was “smart”…Obama has more respect than any politician has had in years.

Posted by: JTCan | December 20, 2008, 1:24 pm 1:24 pm

Hey Gambler: I pay taxes which support public school education. I have also spent thousands upon thousands of dollars of my own (without any subsidy mind you) on private Christian college preparatory school education for my children. Result: I am working on my second National Merit Scholar. No Gambler, knowledge is not knowledge. And if you were to take a closer look I think you will find the founding fathers more like me than you. So who is the real patriot? “A little revolution from time to time is a good thing.” I do not know if the quote is exact but I think it is attributed to a gentleman named Jefferson.

Posted by: Mike | December 20, 2008, 1:25 pm 1:25 pm

BOO-HOO bin Biden! Please stick to the talking points:
BLAME BUSH! BLAME BUSH! BLAME BUSH!
The other shoe is about to drop and Barney Frank’s boyfriend at Fannie Mae will dupe you all into bailing out the coming avalanche of foreclosures.
But, by all means…wring your hands and continue to BLAME BUSH! Fabulous excuse to SPEND trillions on more gubbamint cheese!

Posted by: Debbie | December 20, 2008, 1:25 pm 1:25 pm

Joe Biden is telling the truth. It’s too bad some people can’t handle it but that’s THEIR problem. I will concede that the truth is not easy to hear. But Biden’s comment is in fact no surprise to those of us who have been paying attention for the last ten years. It’s about time someone had the guts to just tell it like it is so we can get on with the PROBLEM-SOLVING. Thank you, Joe Biden.

Posted by: Deborah | December 20, 2008, 1:26 pm 1:26 pm

I vote McCain but I am willing to give Obama a chance. However, Biden needs learn to keep his yap shut. We have a 1 in 10 chance (in my opinion) of puling out of this economic nose dive and Biden’s mouth needs to close and stay close. Who needs the negativity now.
Biden will be to Obama like Quayle was to Bush Sr.

Posted by: Dale Smith | December 20, 2008, 1:26 pm 1:26 pm

Biden is just telling it like it is. How refreshing, even if it is bad news! Anyone who has been really paying attention knows that he’s right. American’s whether we like it or not, need to hear the truth.
Hopefully we can deal with the truth. Hopefully we are not children anymore, always looking to government, the Mommy or Daddy party or someone to bail us out.
I have had all I can take of lies from Wall Street and D.C. when I damn well know better.

Posted by: Marty | December 20, 2008, 1:27 pm 1:27 pm

This whole idea that saying the economy is bad causes it to be bad is idiotic. To use that logic, Bush has been saying the economy is great for 8 years and obviously…IT’s NOT! Heaven forbid a politician actually tells us the truth. We want them to and then when they do, their stupid for being honest. Many of you need a life!

Posted by: RKreid | December 20, 2008, 1:28 pm 1:28 pm

If Joe Biden could only persuade his new boss to abandon plans for any tax hikes and not embrace socialism, that would be a great first step
to make sure the economy doesn’t tank. Will he????

Posted by: Dooley | December 20, 2008, 1:28 pm 1:28 pm

Biden is right about tanking. But printing more money will solve nothing. Let’s see automation means fewer workers are needed, factories, machines and skills shipped to low cost countries means there are none of these in the US, money sucked out of the system and stashed in Swiss accounts with resulting debt load means little buying and selling (ie little economy). Printing more money will not bring the facories back, will not bring the skills back only hard work over a period of 20 years will do that.

Posted by: Ed | December 20, 2008, 1:29 pm 1:29 pm

Both Biden and Obama seem to be missing the idea that the present crisis may indeed be something new, a real game-changer marking the collapse of the current fractional reserve banking system.
A number of observers note that our present money and banking system is ultimately unsustainable, because it requires ever-rising total debt. They say that fractional reserve banking is in fact a 300-hundred year old Ponzi scheme, with bankers, like licensed counterfeiters, creating money (as debt) at the expense of almost everyone else.
They claim that the current financial crisis marks nothing less than the inevitable final collapse of fractional reserve banking, which is at last being crushed under the impossible levels of debt we have had to incur to keep it going till now.
They add that no amount of increased regulation or debt-based “economic stimulus” can save our present money and banking system. Instead, a disarmingly simple solution is available: claw back money-creation power from private banks to the US Treasury where the Constitution says it belongs; print fiat money to retire the national debt, and at the same time increase required banking reserves from 10% to 100%.
After one or two years, no national debt, no inflation, a sustainable banking system, and an end to the credit crunch now destroying the economy.
It’s time for this proposal to be discussed. How about a HuffPo contribution from Stephen Zarlenga or Ellen Brown?
For more, see
http://whatsnotso.blogs.com

Posted by: Tom Hagan | December 20, 2008, 1:32 pm 1:32 pm

I’ve seen comments by complete idiots before, but not to the level seen here. If anyone thinks Obama will wave the magic wand and make it all better again, just stick your heads back in the sand so the rest of us can take your food.
The longer you morons perpetuate your wishful thinking idiocy, the better it is for those of us with critical thinking abilities. Have fun starving in the gutter, fools!

Posted by: NOTC | December 20, 2008, 1:35 pm 1:35 pm

Typical Democrat justification for borrowing more $$ we don’t have and spending more more more more more more more. Keeps the masses of the asses dependant and stupid.

Posted by: Doug | December 20, 2008, 1:36 pm 1:36 pm

Biden is a cry baby. He only cares about power by means of suppressing opposing viewpoints through character assassination.

Posted by: Doug | December 20, 2008, 1:41 pm 1:41 pm

@ IraqWarVet
My children went to public school in Washington state.
California went broke paying for all the Mexican citizens that are illegally in this country receiving welfare, getting their hospital and education bills paid for by the (US citizens) of California residents taxes.

Posted by: Gambler | December 20, 2008, 1:42 pm 1:42 pm

Americans are in denial. The economy is not good and there is no miracle cure.
It was the decision of Americans to base the economy on credit…as each American used credit and credit cards.
Credit has extended the limits. Companies need money to stay in business. With the failure of companies to surive comes the loss of jobs.
Biden is trying to let Americans know, this is not a good time.
As in law and business, Obama is playing the good guy and chose Biden to play the bad guy.
The sad part of this is…this is not about Obama or Biden, this is about the real problem this country is facing.

Posted by: DC | December 20, 2008, 1:43 pm 1:43 pm

The Ultimate Danger of the Roosevelt-Japanese1990s-Obama approach is that improving the infra-structure
approach can only go so far; It is very difficult for the government to lead, except in Wartime, when the military is able to tell the government exactly what it needs. But the US Military is suffering from the Rockefeller Fortune-John Dewey System of Education, based on Bullying and Cultural Denial of Phonetics, Mathematics, like everyone else. Note the MRAPS scandal. People cannot do the thematics to get into Industrial Engineering management. Harvard founded the first Graduate School of Business Management in 1946 for those who could not do the mathematics for Industrial Engineering management. When the last industrial engineer managers retired around 1960. the US manufactured 50% of the World’s manufactured goods; today the US manufactures only 23%, or less. Harvard’s Graduate Schools of Rockefeller-Dewey Education and Business, have destroyed half the US’s 1960 World Manufacturing Dominance/Capacity. To regain its former sway, the US first must start a new generation outside the Rockefeller-Dewey Education System, who can do mathematics, and train them as industrial Engineers. In the meantime, the US will have to get mathematics capable people from abroad to train as Industrial Engineers, to keep the Nation Going. People who cannot do mathematics well, cannot be allowed to go to college.

Posted by: Xeno77777, ST. Petersburg, FL, USA. | December 20, 2008, 1:47 pm 1:47 pm

And people wonder why we are in this mess? Incompetent politicians on both sides of the aisle. Rome is burning.

Posted by: Phil | December 20, 2008, 1:47 pm 1:47 pm

Name one thing the Bush administration has done right?
You’re living and breathing, aren’t you? Bush has kept you and your family members safe for seven long years.
Hope you bought your gas masks, your MREs, your duct tape because with the O idiot in office, we’re not going to be safe until he’s out of office. The sharks are circling as we speak, just waiting for a chance to attack once the O idiot is in office. He still hasn’t shown us his LEGAL birth certificate and is still a fraud with a phony podium until he does show it. Let it out of the Hawaiian vault, O. Prove to us you’re legit.

Posted by: Holly Mead | December 20, 2008, 1:47 pm 1:47 pm

The only correct solution is a 20% cut to all non-defense related budget items coupled with slashing of corporate tax rates for all business, followed by a suspension all unemployment benefits until further notice.

Posted by: Doug | December 20, 2008, 1:51 pm 1:51 pm

He’s just following in Obamas footsteps.
“We have nothing to offer but fear itself”.

Posted by: Jeff McCluskey | December 20, 2008, 1:55 pm 1:55 pm

After being lied to for the past 8 years by W. and his VP, I am so glad Joe Biden is telling the TRUTH about where we are as a nation.
Are we Americans as shallow and stupid as the Republicans view us, or are we ready to be treated as adults who will be facing tremendous economic and environmental crises?
I for one want to face the future as an informed citizen so I am better equipped to respond. Thank you, Joe!

Posted by: Gail Weitz | December 20, 2008, 2:00 pm 2:00 pm

for the idiot that posted this – Umm have you looked at Obamas approval rating? Dah, learn to read.

Posted by: MA voter | December 20, 2008, 2:06 pm 2:06 pm

A man’s character is reflected in his choice of friends. Barack chose Joe Biden, Bill Ayers, Rev. Wright, Rod Blagojevich, Tony Rezko, Bernardine Dohrn. Etc. These people are who these people have always been. They did not mystically change after Barack became a part of their worlds. They are all cut from the same jib; Barack is just a bit slicker. To those lemmings that voted for him: “Drank the Kool-Aid sukah, didn’t cha!”…Barack Hussein Obama

Posted by: James | December 20, 2008, 2:07 pm 2:07 pm

As someone that did not support Obama, I am supposed to be a just a dumb redneck. BUT, I have a feeling that Democrats planned to help a down slide in the economy by not voting for the changes to FannieMae and FreddieMac. I trust that everyone recognizes that an economic down turn just before an election is good for the party that does not have the White House, and wants it back. This time however the down slide turned into a landslide, and got completely out of control. After all Chris Dodd, Barney Frank, Nancy Pelosi, and Harry Reid were at the helm, and with their incompetence things just went too far.
For you Bush bashers that can not wait to say how bad things have been for 8 years… Please rip up that DNC script! For most of those 8 years we had record unemployment, record high stock markets, we were not attacked at home after 9/11/01, and the economy grew! Those are facts, not a DNC or RNC script line. That is not to say that both parties do not share the blame. But it was not simply Bush’s fault that things went south in 2007-08.
As a reward for their incompetence Congress has voted itself a healthy raise this past week. Let me ask anyone out there that works for a living… if you had an approval rating of less than 10%, for more tha a year, would you be getting a raise, or would you have been fired??!! Especially, when there was a severe financial crisis, and a VP is telling everyone that things were about to tank!
TAXPAYERS WAKE UP… THE TIME TO JUST SAY NO, AND TAKE ACTION, IS HERE! A WHOLE BUNCH OF CONGRESSIONAL REPRESENTATIVES NEED TO BE FIRED!

Posted by: rank | December 20, 2008, 2:08 pm 2:08 pm

It is time for a 2nd REVOLUTION,nothing else has to be said.

Posted by: timothy moynihan sr | December 20, 2008, 2:11 pm 2:11 pm

Can’t wait for the two bozo’s to take office since neither one has done a thing in their so called careers.

Posted by: Theo | December 20, 2008, 2:17 pm 2:17 pm

Team Obama lin Biden has a lot of nerve suggesting the economy is ‘even worse that they thought.” The average liberal moron conveniently forgets the Gaffe-A-Matic Biden has been in the senate since Moses was a baby; where has he been all of these years? And, Obamalama swore he had the plan to fix the economy shortly after he is inaugurated, now he says it will take years. Impeach them both!

Posted by: meesterbig | December 20, 2008, 2:21 pm 2:21 pm

Perhaps a fix to the situation could be derived from the tax-code. As a homeowner, I can deduct the interest expense of my mortgage, which helps make the high fees palatable. Suppose that Congress offered residential “mortgage backed” securities, and “mortgagees” a Tax Free status similar to Municipal Bonds. Then the holders could afford to lower the interest rates (drastically) to provide the same or similar after-tax return, and immediate relief to the borrowers. This program could almost be revenue neutral, homeowners would have less interest to deduct (i.e. pay more taxes). Or, if not neutral and it costs the government tax revenues, it would cost much less than an outright bailout and the lost tax revenues on the write-offs of the capital. This could be an “emergency program” and slated to taper off and finally end over the course of a decade, providing relief now, stability for the future, and perhaps a new way to encourage home-ownership for our children. This is most simplistic, but perhaps within this concept is an actionable direction.
Try this, begin 1/1/09 all interest income would have a tax free status, including secured loans from banks and credit cards…. now everyone, including non-homeowners would get both relief and encouragement to move forward. Homeowners that have small or “mature” mortgages would also get the benefits. Imagine if the interest tally were cut by 30%. the economy would get back on track. Imagine if SAVINGS interest was no longer taxed, …..now people would be wise to put money into savings (i.e. increasing liquidity at the banks). It seems to me that the tax drain on interest earned is the cruelest tax of all and is currently causing much of the misery. There is certainly precedence for this kind of tax-code manipulation of economic behaviors, remember the 10% Tax Credits for new energy systems/investments? or the accelerated depreciation of apartments to spur housing growth? There is no magic to the prescription, and in proper doses will cure this disease. Thank you for your attention, and may God Bless America.

Posted by: wes | December 20, 2008, 2:25 pm 2:25 pm

Ynot, you asked my opinion on the future. (Dec 20, 2008 12:58:17 AM)
I am neither seer nor prophet. I only have my observations and a knowledge of history to guide me.
Marxists are by definition functionally inefficient and institutionally corrupt. The USSR died of functional inefficiency and institutional corruption. Western Europe, practicing a milder form of Marxism (Social Democracy, which is close to what Marx actually taught) has been in economic stagnation and demographic collapse for over two decades, due to Marxist functional inefficiency and institutional corruption. Both the inefficiency and the corruption are products of Marx’s philosophy: the inefficiency is the result of Marx’s faulty understanding of economics, and the corruption is a result of Marx’s assault on Judeo-Christian values.
The United States has suffered much from Marxist policies in the past. LBJ’s War on Poverty cost $6 trillion over a thirty-year period, substantially destroyed Black family life in the USA, and bought votes for the Democrats. Marx was big on destroying family and Western values, so many Democrats see the War on Poverty as a great triumph, and some still do not understand why Clinton bought-off on ending it. And there are the Mortgage Follies. The Mortgage Follies cost “only” about $1 trillion, but this was a much stealthier operation, with Dodd and Franks providing cover for the corruption even after it becams obvious. The mortgage problem was recognized, but the extent of the problem was generally not recognized. The onset of the $1 trillion mortgage problem, along with the prospect of a Marxist as president of the USA, panicked investors, and a big problem became a major $30 trillion rout as investors sought to protect their assets from Marxist predation.
Under a Marxist Administration, expect even more grandiose attempts at profligate waste.
It is obvious that Obama is temporizing with foreign relations and military involvement, much to the discontent of some of his more radical supporters. Obama does not want any distractions while he consolidates his domestic power base.
But Obama will get a lot of blowback as he acts on his domestic agenda. Charisma does not trump incompetence, at least not for long. (Charisma is way over-rated, in any event.) We have both the inertia of any big organization and our governmental system of checks-and-balances that will be stabilizing influences against radical change.
The sheer size of the markets meltdown, which I expect is not complete by any means, will constrain many of Obama’s goals. At one time Obama proposed a domestic police and intelligence force (Cheka) as big as the military, but he may find that hard to implement given the size of the disaster that his election created. Hope and Change are not very powerful against economic disaster that Obama can’t correct. Nor will the American people tolerate eight years of depression as they did during FDR’s first two terms.
On the other hand, Russia, Iran, and Venezuela have foolishly wasted their energy excess income, and it no longer exists. So whether the Democrats try to take credit for these developments or not, the USA stands to benefit, to a considerable extent.

Posted by: Draconis | December 20, 2008, 2:33 pm 2:33 pm

Interesting about Joe. Seems Clinton ran on the “middle class” tax cut then we all got a big tax increase after he “say the numbers”. Now we have two Senators telling us they did not know how bad the economy was. And they ran on the “middle class” tax cut. So guess what will come next??? When will we wake up? They are Senators. They should know what our problems are. Either they are dumb or liars. In either case, I do not want them.

Posted by: Frank | December 20, 2008, 2:40 pm 2:40 pm

Joe Biden is an idiot! He couldn’t tell a T-Bill from a bond. The scary part about the next four years is: DEMOCRATS. We have no leadership, no management skills or economic experience except for lining their own pockets and self-dealing, no one in Washington that cares about the tax paying public who is truly keeping this country going! There is so much “pay back” and plundering going on, it will be a miracle we survive. How did you like the big Congressional raise last week….good timing don’t you think? Espeically with Americans losing their jobs, homes and having their life savings wiped out by Wall Street. The Obamanation doesn’t have a clue, Biden doesn’t have a clue, Nance Pelosi and Harry Reid don’t have a clue….who is left? God help us all.

Posted by: Wizard | December 20, 2008, 2:42 pm 2:42 pm

I see a lot of complaints about socialism here, well tell me how well is capitalism working.
Remember who is loaning most of the money to this once great capitalist nation?
Let me refresh you short sited memory…it is coming from Communist China.
We were the greatest till Bill Clinton sold us out with those trade deals, but at least now he is a multi-millionaire!

Posted by: Lyn | December 20, 2008, 2:42 pm 2:42 pm

Please Biden, Find the place Vice President Cheney was hiding in. Lock the door and don’t ever come out.

Posted by: Republiker | December 20, 2008, 2:44 pm 2:44 pm

Yes there are problems, but the MEDIA (ABC, CNN, NBC) in an effort to bolster ratings and ad sales, has sensationalized and blwon the whole thing out of proportion to where Americans began beleiving the probelms were that big and then MADE them that big. Don’t believe anything you hear on ABC. Quoting Biden’s “tanking” statement is doing nothing more than fearmongering for profits.

Posted by: Latigo | December 20, 2008, 2:46 pm 2:46 pm

The problem is they can’t save the tanking economy by going back to the trough for another $700 billion.
Creating trillions of dollars out of thin air with nothing to back it up is going to lead to to heavy inflation.
It’s up to individuals take action to protect their wealth. It’s pretty clear that none of these jokers are going to do it for you. No politician, Democrat or Republican, is going to spend their way out of this mess. Their solution is to pour gasoline on a three alarm fire, while pretending to put it out.

Posted by: Lynette Warren | December 20, 2008, 2:47 pm 2:47 pm

Read several of the posts. Gosh doesn’t anyone have really good facts & know anything about & understand these facts, including how to use them to reach logical conclusions. Where is anyone’s understanding of history, etc.? No wonder this country is in trouble. Everyone is an expert & no one knows anything. BTW: expert when broken down is ex = has been & “s”pert is a drip under pressure! Eveyone HAND! :-)

Posted by: VAMtns41 | December 20, 2008, 2:47 pm 2:47 pm

As a Republican, I wish all the best to the new Administration and hope for real change. Bush and McCain were failures, and unlike Liberals (when they lose) and a bit fewer of those on the Right, I have a good head on my shoulders and I can admit rightful defeat.
As for Biden, he’s a fool- pumping FUD into the country, looking cross-eyed at Jimmy Carter with shaky hands on the Mint presses, waiting to lounge himself into an end-of-term 700B Bush fantasy.
It’s sad we can’t elect Representatives smarter than ourselves.

Posted by: Biill | December 20, 2008, 2:47 pm 2:47 pm

What’s this all about?
The economy is in “worse shape than we thought??” I thought Biden and Obama were the economic experts! So now Joe and Barack are telling us “we didn’t know it was this bad”? Why DIDN’T they know that?
Obama spent two years running for President, telling us he was going to fix everything, not that it was going to get worse.
I expect everything to be fixed by January 21, 2009. I’ll give Obama a day to party.

Posted by: Bro | December 20, 2008, 3:03 pm 3:03 pm

Biden is insane. Americans should be infuriated that Pelosi pushed raises for politicos on the Hill. If we continue the bail out crap with borrowed money, we’ll never see the end of this mess.

Posted by: Chris | December 20, 2008, 3:15 pm 3:15 pm

Posted by: Totto | Dec 19, 2008 6:45:16 PM
Thank you Totto. The majority of these people on this Web have forgotten what the “current” administration has done to the USA and those around the world. They have destroyed the world. Denial BIG time!
And for HeyYou: I suppose that you believe that Bush and Cheney has done a terrific job running this country? Talk about baggage, mismanagement, deceitfulness, war crimes, etc. Just actually what you’re proud of, isn’t it? Also, I suppose you believe that John McShame and MooseHunter Palin would do a better job? It would have only been a continuation of what the American people are currently going through. I’m so proud that you have done so well during these horrendous 8 years. Please wake up from your nightmare.
Bro.Obama-Biden will officially be our leaders as a 01/20/2009. What are you talking about? Bush-Cheney knew the economy was in worse shape, they chose to ignore it. They didn’t send you the memo? Where were the Bush-Cheney economic experts? I forgot, Bush didn’t want to hear what others had to say. This is his administration, he’ll do whatever he pleases. Obama-Biden are not in authority to fix anything right now. Your current President and Vice President are still in power. Place your blame where it belongs-Bush-Cheney.
As of January 20, 2009, Obama-Biden will be everyones President and Vice President. Deal with it!

Posted by: Allan | December 20, 2008, 3:36 pm 3:36 pm

All the Dems have to do to lose the election the next time is to try and prosecute Bush. That will so unite the country against the Dems. Besides being a waste of time and money, the Dems would just use it as a distraction from the miserable legislation they’ll pass.

Posted by: jschmidt | December 20, 2008, 3:37 pm 3:37 pm

Now thE so called “failed Bush presidency” appears to be morphing to the “failed Obama presidency.” Weren’t barack n joe going to fix it quickly. If Joe isn’t pushed aside quickly; he will pull the rug out from Obama. Good ole Joe he is good at doing things like that. He seems to be long on ideas and short on brains. Oops am I being politically incorrect. COME ON BARACK N JOE FIX IT AND STOP THE WHINING!

Posted by: Plas Jaramillo | December 20, 2008, 3:41 pm 3:41 pm

Biden is simply pre-selling the idea or need for a huge stimulus package to his former associates in Congress. He does tend to be on the blunt side, which might offend some. I, for one, have no problem with it, although I do understand that others in the media will try to exploit this tendency of his to their advantage.

Posted by: Mike | December 20, 2008, 3:47 pm 3:47 pm

In this critical time, it is best to address the central issues in this economic crisis…Foreclosures and Job Loss. Although the economic experts are unsure of the solution, may I present a thought that may be helpful. The key to a solution relates to the small business community that effects 70 million people. The main concern among experts is the upcoming wave of foreclosures due to ALT-A and TOXIC Mortgages that are expected to begin in 2009 and extend through 2012.
The 2nd Wave of Foreclosures has finally made it to the mainstream Media. CBS’s 60 Minutes had a segment on 12/14/08, but they missed a very important point. Here is a post which may have merit for your blog…….
I would like to bring a very important bit of information to your attention that relates to this economic crisis that was overlooked until now.
On Sunday, 12/14/08, CBS 60 Minutes aired a segment “The Mortgage Meltdown”.
Scott Pelley’s piece on the 2nd Wave of Foreclosures overlooked a critical fact.
The segment missed the fact that this next wave of Foreclosures in 2009 Will Take Self-Employed and Smaller Businesses who have these TOXIC mortgages. In fact, ALT-A, Option ARMS, Interest-Only, the TOXIC Mortgages that are considered the “Troubled” assets in TARP were specifically marketed to the self-employed who fell prey to them.
The upcoming defaults on these risky “Toxic Mortgages” will result in an increase in foreclosures. But worse, once these small businesses fail, the resulting loss of jobs will cause millions to add to the ranks of the unemployed. Note that self-employed business owners (16.2 million according to the SBA) employ between 1-10 employees.
An NASE survey at http://www.nase.org , was the first to provide compelling evidence of small business involvement in the upcoming toxic mortgage crisis. The survey was created by Prof. Samuel D. Bornstein and Jung I. Song, CPA of BornsteinSong Consultants in Oakhurst,NJ,and was conducted by the National Association for the Self-Employed (NASE) which issued a Press Release on November 21, 2008.
According to this survey, it is estimated that 3,709,800 small business owners hold Alt-A and other toxic mortgages, and 1,279,800 are already delinquent as they have missed one to three or more monthly mortgage payments at mid-November, before the expected Resets that are scheduled to begin in 4th Quarter 2008 through 2012.
These small business owners will be at-risk of payment shock and default as their monthly mortgage payments skyrocket. Small business owners were especially targeted for these Alt-A loans which required little or no documentation of income which appealed to many small business owners who previously were unable to qualify.
The resulting defaults will be the cause of the upcoming second tsunami wave of foreclosures that will dwarf the subprime crisis and will take many homeowners, small business owners, and their employees at this critical time when our economy can ill afford it.
Thank you,
Samuel D. Bornstein
Professor of Accounting & Taxation
Kean University, School of Business, Union, NJ

Posted by: Prof. Samuel D. Bornstein | December 20, 2008, 3:52 pm 3:52 pm

Consider what is happening in California…
- minorities are far beyond critical mass
- many Whites have sold and moved to other states
- property values in CA have plummeted
- we have read reports of Black-run hospitals completely failing due to incompetent admin and “health care”
- we have read reports of social and educational services strained far past the limit
- we have read reports of growing debt
- we have read reports of LaRaza bearing down
- non-Hispanic Whites in California are no longer the majority
- California is facing a $42B budget deficit
- Schwarzenegger is forcing all state employees to take two unpaid holidays each month until at least June of 2010, representing an immediate 10 percent reduction in their pay (meanwhile, the US Congress voted itself a healthy pay raise yesterday)
- Schwarzenegger ordered $3.8B of public works projects to stop
Consider where this is leading for California. The most capable state-employed Whites will assuredly move to states that pay full salaries. The Whites who are unable to move will become disgruntled and resentful and perform lower quality work as self-compensation the pay reductions. Services will systematically degrade. Consequently more Whites will move away in the years ahead. More undesirables will move in. The cycle will repeat. California’s budget problems will grow far worse. California will ultimately become *exactly* like Mexico; a place where no White person would want to live in.
The same thing is happening at many select places around the USA; Detroit, New York City, Chicago. Did you see the sky-high taxes New York is implementing on everything? Do you think the most capable Whites will willingly stay and tolerate that or move away?
Anyone who thinks the nation’s problems will improve in the future is sadly mistaken.
Does anyone expect Africa, Mexico, the Afro-Caribbean countries, or Muslim countries to improve and become desirable places to live? No? Well, guess what happens to the USA when the people who live in those countries, and make them the third-world sewers that they are, come here to live. There is a reason they are called “undesirables”.
Whites need to stop pretending, face the truth, and act to protect our future.

Posted by: John | December 20, 2008, 3:53 pm 3:53 pm

Bush answers to a higher authority?
He does not care what the people in the country thinks of him. He has delusions that after bringing this country to ruin,sometime in the future he will be exonerated!
If you re-elected him after what he and Cheney has done ,then you are to blame!

Posted by: Lyn | December 20, 2008, 3:57 pm 3:57 pm

>As of January 20, 2009, Obama-Biden will be everyones President and Vice President. Deal with it!
Socialism has never succeeded anywhere in the world and the US has just elected an inexperienced, socialist, in woeful economic times. Great Depression Mark II here we come…

Posted by: Davo | December 20, 2008, 3:59 pm 3:59 pm

NY Times is now saying the housing mess is Bush’s fault. Everything bad is Bush’s fault. Or the Republican’s fault. That’s the new message of hope and change. Biden is saying what he is saying so when their policies fail they can keep blaming Bush. In 2012 the slogan will be It’s Bush’s fault. Democrats believe they can prevent the law of economic cycles. Booms and busts have occured since the beginning of time. Everyone was buying real estate because they thought it would go up forever. The American public is financially illiterate, starting with liberals and Democrats. Bernie Madoff conned so many people. Guess who he gave money to? Democrats! Biden and Obama have never run so much as a public library. Washington DC is littered with fools. But the even bigger fools are the ones who keep re-electing these morons to office. No President, Senator, Congressman or Judge can make the economic cycle go away. Recessions will always happen. Plan for them by saving your money and not over-consuming. You will find that hope and change are no substitute for grit and hard work. In 2012 when Obama/Biden are saying It’s Bush’s Fault hopefully the American public will see through it and vote for someone who will tell us the truth! You can’t have it all. And the government can’t fix everything.

Posted by: Anonymous | December 20, 2008, 4:02 pm 4:02 pm

If I may ask…
How is it even possible that you repukes elected bushit twice??
you gatta tell us how you voted for him once???
He even admitted in the first election that he never read a book in his life.
Are you gonna vote for Joe the plumber and Sarah next time.
You all should hang your head in shame!!

Posted by: George Mercurio | December 20, 2008, 4:04 pm 4:04 pm

The new Administration’s Leadership mantra: Obama said “the economy is getting worse” and now we get the plagiarizer Biden pouring more salt on the wounds. Neither of these idiots can speak sanely without a script.
Can you imagine a business man telling his salesmen the economy is getting worse. Really makes people want to buy cars and shop. I guess this is the Ivy League idea of incentive. Same guys who said the surge wouldn’t work. They must walk around with white surrender flags in their pockets in the even they come across a problem to be solved. Pathetic wimps.
The new Hillary Administration, composed of unsuccessful lawyers and not anyone with any private business experience is going to be a bust. Especially with Obama as the leader – a man who has never lead anything and was the worst inexperienced candidate for the job.
But Soros and Buffet got their twofer for the illegal campaign money they spent: An Obama presidency and a Hillary Administration. Once again the American voters chose losers.
Obama has some great degrees (who paid for them?) unfortunately he never received an education.

Posted by: Prudent Man, CFA | December 20, 2008, 4:09 pm 4:09 pm

Looks like the Free Press has unloaded it’s heavy weight commenters on to this mesaage board in hopes of refining the Bush legacy:
8 years – 2 recessions and throw in a couple of out of control wars. They completely damaged anything that was left of the United Nations, and did I forget to mention, added more than 5 trillion to the national debt?
Our military is stretched beyound it’s capacity, while the banking infrastructure is all but kuput! (Anyone remember Silerado savings and loan or the Keating 5? The GOP has recently been in power, do you know where your money is? )
Finaly the voters of this country step forth and put an end to bizzare era. Then out come the legions of right wing commentators with their vile statements and contempt for anything that in any way even remotely resembles decency.

Posted by: David Williams | December 20, 2008, 4:11 pm 4:11 pm

Capitalism? Free Market?
You gotta be kidding.
People, everything you do, either directly or indirectly, has some kind of law, code, regulation, public policy, treaty, executive order and ad puke attached to it.
Get it?
We have been living under a soft socialism for some time now. Not capitalism. Not free markets.
Get it?
Gawd! Some people really need to WAKE UP!
One more thing. America was never intended to be a d-e-m-o-c-r-a-c-y. Nowhere in the “Gawd-damn piece of paper” does it mention democracy.
Republic people. And then even then, some of you don’t even have a clue the difference between a democracy and a republic.
What a shame.

Posted by: Agent Provocateur | December 20, 2008, 4:12 pm 4:12 pm

Yes Obama is going to be our President. (Like his ego-maniacal rostrum). But, it looks like he is emulating Jimmy Carter. Like Carter and Arafat he will probably get a Nobel.
For those who are complaining about a Bush economy, aren’t those the same ones who were complaining last year about Iraq when the Dow was 14,000 and in 2006 when there home prices were sky rocketing?
Does anyone question the Non-Term-Limited Congress who are the ones who pass the laws not the Administration? Or don’t they teach civics in schools today?

Posted by: Prudent Man, CFA | December 20, 2008, 4:17 pm 4:17 pm

Wake Up…We the People… are being served by people who serve themselves FIRST!!!!

Posted by: Mike | December 20, 2008, 4:17 pm 4:17 pm

Those on the right start getting mighty touchy when we start alluding to the fact that maybe just maybe supply side economics is not such a great thing.
History speaks for it’s self. Just look at the record of everytime there has been a major downturn or hard Bear market. Supply side economics has been there every time, hello? 1929 yep, 1975 yes sir, 1987 uh huh! 2000 you betcha. 2008 once again.
During those periods I agree that those at the top made out like bandits, but was it at the expense of the rest of us?

Posted by: David Williams | December 20, 2008, 4:27 pm 4:27 pm

I guess people want to hear the Economy is thriving? Maybe that will trick people into SPENDING money they don’t have…For most amercans the truth isn’t important….

Posted by: G | December 20, 2008, 4:29 pm 4:29 pm

Dufuss…We are f’ked!,but only because Liberalism isnt the answer,but if you dont believe me…GEORGE BUSH HAS RAN A LIBERAL WHITE HOUSE EVER SINCE WE MADE HIM REMOVE HARRIAT MYERS ASS FROM SUPREME COURT NOMINATION…AND IT’S BEEN A CLUSTER FUG EVER…this country cant take any more Liberalism,and you’ll find out the hard way if you keep that sh’t going!!!

Posted by: Kelly | December 20, 2008, 4:35 pm 4:35 pm

Maybe a little class in basic government is in order here…. Regulation or the lack of it (of the likes of which we are now suffering from) is the job of the Executive branch. (need I repeat this?)
Forming the country’s current monetary policy, is being carried out by the Executive branch. … (Bernake and Paulson both report to the President).
So… to those on the right that are so intent on not getting “anything on them” you guys are currently in control of the Executive branch. (AND THE STUFF IT IS ALL OVER YOU!!)
Darn I am so glad we finally got that cleared up once and for all.

Posted by: Buckfan | December 20, 2008, 4:38 pm 4:38 pm

Just to let you know- Are economic meltdown didn’t start eight years ago, it started back in the 70′s.
Wise up people you all better stop blaming and start preparing there will be no bailout for us just hyperinflation from the feds turning on the money machine. We have been a country that only consumes things we can’t afford like houses, cars, plasma tvs iphones ect… get the picture! Good luck with Obama! lets all just spend more money.

Posted by: paula | December 20, 2008, 4:42 pm 4:42 pm

David Williams ****Is a total liberal hack. A democrat partisan that pretends to care about unity. A joker just like Obama/ Biden!!!!

Posted by: as if | December 20, 2008, 4:49 pm 4:49 pm

Dear democrats or republicans: This is all just a plot to stop illegals from coming into a tanking economy. As the world ends here in the US, feel free to go live in Iran, Germany, UK, China, or Mexico. They will all take you with open arms. Don’t forget to write. We do need babysitters in this country. Ron Paul, where are you?

Posted by: vivo | December 20, 2008, 4:54 pm 4:54 pm

Perhaps you have lost your memory of those Thursday afternoon Treasury Bond sales that were occurring in regular fashion up until ther point that George Bush took office in January of 2000.
For those of us who are regular followers of the stock exchanges, my well remember that such a change in the U.S. monetary policy at the time would have the direct effect of drying up or shrinking capital. January of 2000, was not a good time to be setting such a course.
In January of 2000, and through until today, this same policy has stood in effect. I am hopefull that at some point in the next four years, we will in fact see those same Thursday afternoon Treasury Bond sales happening again.

Posted by: Buckfan | December 20, 2008, 4:56 pm 4:56 pm

Name calling should be aim at the current President , Vice President , republicans , Pelosi , Feinstein , Reid , Schumer and the blue dogs

Posted by: Wayne E. | December 20, 2008, 4:57 pm 4:57 pm

Impact of Democratic Party passage of Roe v Wade 35 years ago is now slamming the the economy. Since its passage, Roe v Wade has resulted in the early termination of 55 million young Americans. There is no easy way out of this. Who’s going to buy your house? Answer: No one. They were put to the sword long ago.

Posted by: John A. Jauregui | December 20, 2008, 5:04 pm 5:04 pm

…and your suggestions are what? Complain, Whine, bicker, Throw negative comments about?
A Liberal Democrat? What exactly is that? If it is someone that hopes that our new government will finally begin representing all Americans and not just those that are wealthy, then so be it.
That the people of this country in general will gain representation and not just corporate special interests? than again, so be it!
Our priority should be without a doubt at this time of crisis getting Americans back to work. If Partisian politics is more important to you than that, than I believe there is something wrong with you.

Posted by: David Williams | December 20, 2008, 5:12 pm 5:12 pm

Dear George:
Why are you shilling for your political pals on the Potomac…don’t you have something more important to do…first came the promotion of the Criminal Clintons and now the Great Black Hope and his white posse. Why don’t you stick your big fat Greek nose into what’s happening in Athens (and the resurgent Lenninists and Nazis in Europe)…for an American-Greek your professional choices are puzzling…

Posted by: P.J.Andreadakis | December 20, 2008, 5:12 pm 5:12 pm

Joe Biden loved nothing more than to give the country a blow job every now and then…

Posted by: P.J.Andreadakis | December 20, 2008, 5:17 pm 5:17 pm

I see that the anti-war Obama machine is not only leaving troops in Irac but is going to send 30,000 more troops to Afganistan. Change you can believe in? I dont think so…. looks like more of the same to me!!

Posted by: change? | December 20, 2008, 5:18 pm 5:18 pm

Joe is another has-been, idiot, abortion lover, who is senile. Don’t we all feel much better with him as co-pilot. He must have something really good on Obama to have him as the running mate. Obama is a coke snorting abortion lover. We’ll all pay…

Posted by: Joe Bident | December 20, 2008, 5:18 pm 5:18 pm

Gambler:
Ref: My children went to public school in Washington state.
So does mine (junior h.s.), replete with 44 minute over sized classes, no homework because they get to do all that in the 44 minutes (to include instruction), no civics, under payed teachers, over paid bureaucracy et all within a democratically controlled state.
Ref: California went broke paying for all the Mexican citizens that are illegally in this country receiving welfare, getting their hospital and education bills paid for by the (US citizens) of California residents taxes.
Exactly, another example of a democratically controlled state…
But, again let’s assign the blame equally, both parties brought us to this point and our complacency has given them a wink and nod…
See, I’m one of those moronic conservatives that has not bought into the lies of either party…
It is interesting to see how willing people are to support the endless war on terror and freedom in foreign lands, but are unwilling to defend their own freedoms here at home or the integrity of their borders. And it is sad to see how many people are willing to bailout the banksters but are unwilling to insist that the veterans of our foreign follies get the medical treatment and support on their return from war.
One only need to look at what is happening in England and Australia to get a preview of what is coming here.
Fascism, Socialism, Marxism, tyranny, dictatorship are all the same and do not discriminate when it comes to democrats, republicans, liberals or conservatives…
They all feed on our ignorance and collective forgetfulness of history…

Posted by: IraqWarVet | December 20, 2008, 5:19 pm 5:19 pm

This’ll do wonders for consumer confidence.

Posted by: ErikTheCommie | December 20, 2008, 5:22 pm 5:22 pm

My 23-year-old son is studying to be a high school teacher: political science, sociology, creative writing, journalism. He was an Obama supporter in principle: his position was that Obama is not only brilliant–he is also a person who listens, who learns, who expects those around him to challenge not only their own assumptions but his as well. But my son had not planned to go to the polls until Obama chose Joe Biden as his running mate. As he put it, “if he wants Joe Biden, then he’s decided to run a government, not an advertising agency.” I’m with my kid: I’m sick of circuitous CYA, the fear sandwich (15 seconds lifted from a speech or interview squeezed between a couple of narcissitic gasbag “commentators.”) I won’t hold it against Joe if he has to eat toejam once in a while. I like my politics served by a congruent human being, and I’d place a fairly significant wager that Joe doesn’t consider his image in the mirror more important than what is standing in front of it. Trustworthiness is an asset that holds its value well, and that it has been in short supply becomes more evident by the day. We need Joe to be Joe, and I suspect he’d have no idea how to be anyone else. Thank God.

Posted by: Mary | December 20, 2008, 5:25 pm 5:25 pm

The one thing that will actually fix the economy nobody will mention, cut goverment in size and spending at 5% a year for 10 years maybe more if the economy can take it and longer if need be. Cut taxes and put the money back in the private sector, who by the way pays the bills.

Posted by: Stephen | December 20, 2008, 5:52 pm 5:52 pm

We need Joe to be Joes’ Joe and Joe needs to be… The way American thinks, is it any wonder you are getting circle jerked by your government. sh@t heads.
PS. typical American dork, congress has a lessor rating then Bush n Cheney.

Posted by: Doug | December 20, 2008, 5:53 pm 5:53 pm

DOES THIS ALSO MEAN THAT HE IS NOT ONLY IN FAVOR OF ELIMINATING THE #4,700 PAY INCREASE FOR HIS OLD PALS IN CONGRESS BUT THAT HE FURTHER THINKS WE SHOULD EXPECT A VOLUNTARY CUT IN PAY TO $1.00 FOR EACH OF THESE CLOWNS, UNTIL THIS CRISIS IS OVER???

Posted by: TOMA | December 20, 2008, 5:56 pm 5:56 pm

DOES THIS ALSO MEAN THAT HE IS NOT ONLY IN FAVOR OF ELIMINATING THE #4,700 PAY INCREASE FOR HIS OLD PALS IN CONGRESS BUT THAT HE FURTHER THINKS WE SHOULD EXPECT A VOLUNTARY CUT IN PAY TO $1.00 FOR EACH OF THESE CLOWNS, UNTIL THIS CRISIS IS OVER???

Posted by: TOMA | December 20, 2008, 5:56 pm 5:56 pm

Sure the economy will tank. Its because this country has abandoned free market strategies and is already swinging socialist. Obama and Biden, et al, will swing it even further and that will continue the slide. The reason it will take the economy “years” to recover from this is because a fiscally conservative adminstration and congress will take over in 4 years and then the new budget a year later will turn us around. This isn’t rocket science…its Capitalism vs Socialism/Communism, people.

Posted by: rob | December 20, 2008, 5:57 pm 5:57 pm

Sure the economy will tank. Its because this country has abandoned free market strategies and is already swinging socialist. Obama and Biden, et al, will swing it even further and that will continue the slide. The reason it will take the economy “years” to recover from this is because a fiscally conservative adminstration and congress will take over in 4 years and then the new budget a year later will turn us around. This isn’t rocket science…its Capitalism vs Socialism/Communism, people.

Posted by: rob | December 20, 2008, 5:57 pm 5:57 pm

One more thing…I am overly tired of the term “Neo-Con.” A person who fits that description is defined as a former Democrat who saw the light and turned conservative.
I have a new term for you…Neo-Comm, as in Neo-Communist. As in Obama is a Neo-Comm.

Posted by: rob | December 20, 2008, 5:59 pm 5:59 pm

In the republicans wet dreams is congress more hated then the two criminal dictators “BUSH” & “CHENEY” with their corporate republican senate and house of rep..
The republicans keep repeating their propaganda and BS trying to make everyone else believe it..

Posted by: Wayne E | December 20, 2008, 6:04 pm 6:04 pm

First we had Alan the “Ace” Greenspan using extreme language like “a state of shocked disbelief” and “credit tsunami”…That proved to be real helpful to struggling consumer confidence. Then we have the new VP saying things like the whole economy could “tank”. Great use of words. What exactly does that mean? Down the Toilet? Worldwide Melt down? We are all going to live in cardboard boxes? I guess I had better pull in all of my investment funds and put them under my mattress. Sell my car and walk everywhere I go….

Posted by: Ramon | December 20, 2008, 6:08 pm 6:08 pm

The good news is … this is all going to be irrelevant when Obama takes office. As he, Biden, the Pentagon, and various hacks from the Trilateral Commission to the Council of Foreign Affairs has promised us that something big is going to happen to America when Obama (Blessed be his name) takes office.
And I have no doubt. Just like the false flag 911 brought out all the flag waving, teary eyes, fake patriotism … so will the next big happening in America …
But this time, they can say … “See, we told you so.”
And then Obama’s Civilian National Security Force will swell in proportions, as he promised, greater than our military. And thus, the rise of the Obama Brown Shirts.
And you will get with the program and assimilate or else … are you unpatriotic? Do you hate America?
Get your flags ready. Practice your teary eye. Get patriotic. And don’t forget the national group hug.
“Whoa, whoa, whoa … hey wait-a-minute Joe!”
It is going to be fun watching you people squirm and beg. Me? I am a natural survivalist … trained by the best the military can buy.
Suckers, thanks for the training and don’t get in my way when SHTF.

Posted by: The Wizard | December 20, 2008, 6:10 pm 6:10 pm

So, Biden speaks the truth and no one wants to hear it? Or, BO speaks falsehood and the masses hang on every word? Give me the painful truth any day over Mr. Smooth Socialist. Ron Paul for President 2012. He’s the only politician who understands economics!
Where are the Austrian economists? Keynesian economics is being shown to be the disaster it is…and Congress is given tax payer money to the theives like Bernanke and Paulson who caused the problem! The Fed is destroying America….
Take physical possession of Gold (which the government can’t steal as easily as GLD) while you can get it.

Posted by: Canadian | December 20, 2008, 6:29 pm 6:29 pm

Another classic statement from the King of fools, Joe Biden. He is Mr Open Mouth Insert Foot. It would almost be funny except this clown could become President if NoBama is taken out.It is just amazing that NoBama picked this old windbag as a tag team partner for his plans for “change”. Absolutely nothing but old Clinton leftovers and political hacks. Man are we ever in for four tough years with these two yo yos!!

Posted by: Donnie K | December 20, 2008, 6:31 pm 6:31 pm

It doesn’t matter what Biden or Obama do. The economy is tanking and pumping zillions of dollars into the economy is not going to get people to return to the “borrow and spend” mode that artificially drove the economy for the past 20 years. That game is OVER.

Posted by: Brady | December 20, 2008, 6:32 pm 6:32 pm

Just think we use to be the head not the tail forsake The almighty and he will judge you Look what we did we forsoke the living God and made it money
Deut 28 14 on tells you the end results
REPENT were reaping what we have sown

Posted by: allen | December 20, 2008, 6:42 pm 6:42 pm

Just think we use to be the head not the tail forsake The almighty and he will judge you Look what we did we forsoke the living God and made it money
Deut 28 14 on tells you the end results
REPENT were reaping what we have sown

Posted by: allen | December 20, 2008, 6:42 pm 6:42 pm

Until Obama/Biden are gone… The USA will be a joke in every regard.
SO who cares what he or especially the Oreo says.

Posted by: Brian | December 20, 2008, 6:49 pm 6:49 pm

And I thought V.P.E. Biden had been sent on an extended vacation!

Posted by: txbiker | December 20, 2008, 6:56 pm 6:56 pm

What a horse’s potato.
So Joe, will the economy tank before or after the terrorists test Obama?

Posted by: John Galt | December 20, 2008, 6:57 pm 6:57 pm

Sounds To Me Like People Just Dont Care Much For Obama/ Biden…. My Guess Is That This Blog Is Pretty Representative Of How People Feel About “THE ONE”
Seems Like Only The Media Like The New Crew???

Posted by: ynot | December 20, 2008, 7:02 pm 7:02 pm

Well, sorry, but I am just not going to partifipate!

Posted by: Maru | December 20, 2008, 7:12 pm 7:12 pm

Obama and Biden remind me of Jerry Lewis and Dean Martin. One’s a doof with a big mouth and funny, the other is a smoothe talking, lounge singer, ladies man, whose connected to the mob…. Congress goes home after voting themselves a raise. Yep! We’re screwed.

Posted by: Texas Independence | December 20, 2008, 7:19 pm 7:19 pm

We have met the enemy ………….
Too many are looking to the “government” only to fix what is also a individual conduct problem.
The “get it now” payfor it later, somehow” mentality of the credit card economy is a major part of the problem.
What if we went back to the days when we limited our personal debt to what we know in our hearts we can afford, not to satisfy our selfish whims.
” Change” — Oh yes, we, and our leaders in government and the private sector, need to “change”. Without change by both, “it ain’t gonna work” !

Posted by: pogochange | December 20, 2008, 7:20 pm 7:20 pm

I hate to say this but Joe Biden is absolutely correct!
Anyone that thinks the economy will hae a quick turn around is kiddig themselves..
Everyone better start getting ready for real hard times………
It may not be a 1929 great depression, but it is going to be as close as it comes………!
Get self sufficient asap……!

Posted by: Snoop | December 20, 2008, 7:24 pm 7:24 pm

We are all responsible for this tanking economy. Stop blaming Biden for speaking the truth and try looking at what you have done to contribute to this mess. Do you own an SUV? How about over extended credit? Did you vote for Bush in 2000? In 2004? Did you support the war in Iraq? Do you check to see if you are buying “made in the USA”. Did you demand more from your government?
Yes, things are really bad but let’s all take a deep breath and work together now to turn this mess around. The constant bickering and blaming, the parisanship mentality, is going to sink us for good.

Posted by: andie | December 20, 2008, 7:36 pm 7:36 pm

What a dumba$$. I can’t believe we have so many retards in the US that voted these idiots into office.

Posted by: Jake | December 20, 2008, 7:37 pm 7:37 pm

I see a lot of complaints about socialism here, well tell me, how well is capitalism working.
Remember who is loaning most of the money to this once great capitalist nation?
Let me refresh you short sited memory…it is coming from Communist China.
A Communist country is lending a capitalist country money, don’t you see the irony in that?
We were the greatest till Bill Clinton sold us out with those trade deals, but at least now he is a multi-millionaire!
See how putting a pet monkey (BUSH) in charge ruins a once great country!
After the monkey leaves office we should give him the one finger salute or throw a banana at him!The same goes for Bill Clinton!

Posted by: lyn | December 20, 2008, 7:38 pm 7:38 pm

So you actually think Biden knows what he’s talking about? This is the guy who plagiarized a number of speeches (not just one!) and lied about his college standing. He claimed his ancestors were coal miners — another lie! He claimed he was a regular at a restaurant, but that restaurant is closed. He says he hangs out at Home Depot, but oddly enough no one ever sees him there. Yeah, he’s a real winner, that one.
And to the person who stated they are happy we will have an “intellectual” at the helm — you mean the guy who sat through 20 years worth of sermons by Rev. Wright, but claims he never knew that Wright held those racist anti-American views? You mean the Marxist who wants to “improve” the Constitution by adding redistribution of wealth to it? The guy who campaigned in Kenya for his Marxist Kenyan relative? The guy who hangs out with Palestinian terrorism sympathizers? The guy who was good buddies with the criminal Rezco? THAT intellectual?

Posted by: Joe | December 20, 2008, 7:43 pm 7:43 pm

The only good news, here, is that a politician is actually willing to tell the truth for once and not sugarcoat things to placate constituents.
Things are really, really bad right now.

Posted by: zxcvb | December 20, 2008, 8:02 pm 8:02 pm

And did you bother to ask him where this $700BN is going to come from Georgie boy? Typical media drivel coming from two of the most prolific pablum pukers on the tube.
Nothing to see here folks, just the VP Elect running off at the mouth. Not to worry though; we’re all going to be ok with these two morons at the helm and a VERY cooperative media to spoon feed it to us one mouthful at a time.

Posted by: Jason | December 20, 2008, 8:13 pm 8:13 pm

This is not just a casual insult – Joe Biden is truly an idiot.
The Obama Adminstration must paint the bleakest picture possible to set the lowest possible reference point for the great improvements they will bring. The deeper the panic, the more their statist agenda can be rushed into law.
When things are humming along again in the summer (as they surely will, with $50-60 per barrrel oil), Obama bin Biden can claim divinity.
Biden has been fed the message, but he lacks any subtlety wahtsover, the man is barely sentient.

Posted by: Beef | December 20, 2008, 8:56 pm 8:56 pm

Biden has got to be one of the biggest idiots on capital hill. Next to Pelosi of coarse.

Posted by: john in lincoln | December 20, 2008, 8:58 pm 8:58 pm

Fed, state, county, and municipal governments are broke, cutbacks and layoffs everywhere….
ILLEGAL ALIENS are still getting full benefits….without of word of cutting them off. We cut government employees and government benefits to citizens…but non illegals…mind boggling.

Posted by: Trucker Matt | December 20, 2008, 8:59 pm 8:59 pm

We are hosed as a country now.

Posted by: john in lincoln | December 20, 2008, 9:00 pm 9:00 pm

Ever notice that all the democrat states are running buget deficits. haahahahhahaha . Darn liberals.

Posted by: john in lincoln | December 20, 2008, 9:02 pm 9:02 pm

You know — Joe Biden and Barack Obama HAVE BEEN in the senate the last few years — along with all the other idiots that are being surprised by the economic conditions. George Bush didn’t do all this by himself — remember he is such a moron. The other geniuses on capital hill have had endless opportunities to warn us of this “worst economy since the great depression” situation we are apparently in. I don’t remember them saying a word — and democrats have been in power in both houses for two years.

Posted by: Tres | December 20, 2008, 9:14 pm 9:14 pm

Where we got in trouble as a country is the socialist idea that we (government) can help everyone. Welfare was designed for those who truely need help. Too many people over the years have lost the initiative to get by on their own. We can give people a hand up but too many are demanding neverending handouts. We can’t pay for Illegals and all their needs. They are not citizens. I could go on and on.

Posted by: Mark in Harvey | December 20, 2008, 9:20 pm 9:20 pm

If you don’t know what your talking about don’t post your comments that way people won’t know how ignorant you are. Milton Friedmans free market economy with on oversight and no regulation thank you Phill Grahm is the cause of this problem. You righties with your misplaced anger and inability to even consider that your corprate owned republican party is primarly responsable for our state of affairs is just mind boggling.

Posted by: Brian Z. | December 20, 2008, 9:26 pm 9:26 pm

Biden has a brain injury and he should not be interviewed because he can start a war. Keep him locked up for the next four years.

Posted by: liberals and the devil are one | December 20, 2008, 9:29 pm 9:29 pm

Posted by: rst2536 | December 20, 2008, 9:35 pm 9:35 pm

Got Hope? NOPE.

Posted by: Nomoregore | December 20, 2008, 9:42 pm 9:42 pm

I thought we voted for Obama because he promised hope and change? Now he is saying there is really no hope and no change until years? He is lowering expectations? So all we got is b.s.
He is just another politician. Actually king of the b.s.

Posted by: Rajska | December 20, 2008, 9:48 pm 9:48 pm

Like the one George started!

Posted by: Rrian Z. | December 20, 2008, 9:51 pm 9:51 pm

If you are not a millionaire why do you vote Republican?
Is it because you are stupid and think someday you will be a millionaire?
You had better win the lottery, that is your only chance!

Posted by: lyn | December 20, 2008, 10:03 pm 10:03 pm

I see the United States an empty shell. Our economy was built on a house of cards. People have to spend all their money and not save their money to keep this economy afloat. We have gutted our industry base and sent it over to china. We run a trade deficit. We are 11-12 trillion in debt. Oh by the way the Chinese are funding our deficit. As a Republican I voted for Bush. If I could only take my vote back President Bush presidency will be the decade of greed. God help us.
Marty Kentucky

Posted by: marty | December 20, 2008, 10:16 pm 10:16 pm

Comon people, Biden is only reading his SCRIPT. The economy is SUPPOSED to tank his job is to HELP it! That’s the plan, its PLANNED and on schedule.
Then they will act as the saviors and bring in World currency, World religion, World Government,. Run to the hills!

Posted by: bic | December 20, 2008, 10:21 pm 10:21 pm

The Democrats caused this whole financial collapse and people wont soon forget that fact.. See how you like the democrats in 2 years!!

Posted by: forsure | December 20, 2008, 10:45 pm 10:45 pm

For the record I did not vote for Obama and dispite some comments that say that Biden should shut is mouth I disagree. Those who say this are probably the same ones who have been running up their credit cards and draining their home of equity under the belief that the economy will move up forever. I am an economic analysis and this tsunami has been building for 15 years. And to keep your head in the sand and pretend the worse is behind us is foolish.

Posted by: Steve | December 20, 2008, 10:46 pm 10:46 pm

@ lyn
You should check your facts. There are more millionair Dems these days than Repubs. The DNC is making the new world order ala Geogre Soros. But that’s most likely OK with you.

Posted by: who cares | December 20, 2008, 10:57 pm 10:57 pm

As much as I hate Biden and Obama being a conservative, he is right. But spending our way out of this is the exact opposite, thats how we got into this mess, by spending to much, taking on to much debt, and not creating enough products to sell overseas, thats where they are totally wrong. The USA is in way to much debt, both the gov and citizens.

Posted by: DaveCT | December 20, 2008, 11:01 pm 11:01 pm

George W (the monkey) ignored warnings about the housing foreclosures as he did the warnings about 911!
don’t believe me, read the NY Times!
http://www.nytimes.com/2008/12/21/business/21admin.html?pagewanted=6&_r=1&hp

Posted by: lyn | December 20, 2008, 11:04 pm 11:04 pm

Lyn, barney frank who said there was no problems with fannie and freddie, we shouldnt talk about it, he said it was fine. Btw hes the chairman of the senate banking committee

Posted by: DaveCT | December 20, 2008, 11:12 pm 11:12 pm

Amazing – when someone tells the truth many people don’t want to hear it. Just keep your heads in the sand, America, and when you pop up you’ll see you’re in an economic desert.

Posted by: Meg Cohn | December 20, 2008, 11:14 pm 11:14 pm

barney frank (who had a male prostitution business run out of his house)

Posted by: DaveCT | December 20, 2008, 11:14 pm 11:14 pm

To the guy who said “Bin Laden must be laughing now”, you are absolutely right. I’m sure he is as he watches us twist in the wind, economy in shambles, feeding on our own, as our lame career politicians desperately point fingers at each other trying to make us believe that someone other than them is responsible but that they can save us. Save us from the problems they created.
The problem is too big to get our hands around, but we can start to fix it by letting the broke and poor performing companies go out of business. Let people get laid off. Let banks collapse. Allow nature to take its course. That is the only sane way to correct this. No artificial propping up, no bailouts, no more spending our money, the tax payer’s money, on feel-good programs by power-hungry self-righteous politicians. Government is far too big, doing things it was never intended to do, and now it needs us to feed it’s ever-growing appetite for more money through taxes and fees. Government must be cut back to the levels it was originally intended.
There should be no such thing as a career politician!! Two terms and you’re out….give someone else a turn. We have to stop sending the same people back into office…they begin to feel self-important and entitled to feed from the public trough. They buy the votes of the ignorant electorate through wild promises of help, of programs, of welfare, etc… This is not how the founders of this great country ever intended government to be, to be a provider for the masses, yet that is exactly what has happened. And the current bunch about to assume power are promising to make us even more of a nanny state. No great country can maintain it’s greatness as a nanny state.
We have no free press anymore. We have propaganda organizations masquerading as news networks. And what exactly is a journalist these days, other than a ball carrier for the propaganda organization they work for?! Anyone who dares challenge them is labeled an extremist, and then they become the news. What a crock of bull. The “media”. They are just like government, growing at an unsustainable rate. They must now create news in order to justify their very existence and sustain themselves. Momma, don’t let your babies grow up to be journalists, or affiliated with the “media”. What a waste of a life.
I think the second American Revolution is coming. Its inevitable. Those of us who want to live free and equal with very limited government, verses those of us who believe that government should provide and is the solution to all problems. I choose to go with the former. But I’m not going to criticize those who want the latter. Everyone should have a choice. I won’t ram my choice down your throat if you won’t ram yours down mine.
The concept of a free republic is the greatest nation-founding concept in world history, but it requires that it’s members work hard, provide for themselves, and work for the common goal of freedom and liberty. Today, too many people don’t want to work, period, or are more interested in their own pet issues than the common good of the country. Maybe a true republic can only last so long before it must carve off a piece of itself, and cast adrift that portion of its population who have become complacent and dependent on government. Maybe it is just the natural order of things. Why fight to keep those who do not share our views. Let them go. But they must let us go too, but that will be difficult for them, because we workers provide the things they need.
We are a divided country and I don’t think it can be fixed. Lets just agree to go our separate ways. If we can’t agree, then we fight. We busted away from England once. We can bust away from a socialist American regime too. The real United States must stand up, stand up to this socialist tyrannical crap they feed us. It will be the second American Revolution. And it doesn’t have to be bloody. The new patriots must speak softly but firmly. Remember, the right to keep and bear arms shall not be infringed was recently ratified. But for how long? If you don’t already have one, I’d be shopping for a big stick if I was you. And buy American for God sakes! The job you save might just be your own.
Sorry for the long-winded diatribe. You’re free to ignore it. I’m not with the media.

Posted by: Mark | December 20, 2008, 11:21 pm 11:21 pm

Obama didn’t select Biden – The CFR did that. Notice that Biden & McCain are both in the CFR. Two parties? Ha Ha Ha!

Posted by: dave | December 20, 2008, 11:29 pm 11:29 pm

“The economy is in much worse shape than we thought it was in…” Biden said…
????????
LOL!
Cute?
No; neither is Biden a stupid man: Biden is a liar.

Posted by: Lucas | December 20, 2008, 11:31 pm 11:31 pm

Lucas how is Biden a liar, he is actually telling the truth. Our economy is in much worse shape then most people do realize.

Posted by: DaveCT | December 20, 2008, 11:36 pm 11:36 pm

Well I mean you are right, Biden is a liar, but he is telling the truth on this one actually.

Posted by: DaveCT | December 20, 2008, 11:38 pm 11:38 pm

What a stupid cracker! We need the rev wright to be vp! He would be the hottie to obama’s mr cool! We need more village idiots not less to run the cuntry in the ground! Socialist and commies rise up and shout from the rafters! Larry sinclair for seretary of the interior! Another stupid cracker who we can’t figure out what barry sees in this fool – other than free crack and doing each other!

Posted by: Jack Meoffe | December 20, 2008, 11:42 pm 11:42 pm

Everytime I hear ‘Surplus when Clinton left office’, I realize how utterly stupid the public is.’

Posted by: jimmymackdaddywhoopydog | December 20, 2008, 11:42 pm 11:42 pm

So, why didn’t Stephanopoulos remind Biden that he was in the Senate and voted for the changes that allowed this to happen.
I’m tired of the media NOT mentioning that the changes that allowed this to happen are because lobbyist and special interest groups bought the changes!
Anyone who has been in Congress since the 90′s should be removed because they caused this problem.

Posted by: ran6110 | December 20, 2008, 11:59 pm 11:59 pm

Obama picked Biden for one reason – life insurance.

Posted by: SoWhat | December 21, 2008, 12:14 am 12:14 am

That botox must have seeped through Biden’s forehead into his brain and shrunk it even further. By the way, have Joe Biden and Greta Van Susteren ever been seen at the same time? Just a thought…

Posted by: RodJohnny | December 21, 2008, 12:14 am 12:14 am

Biden won’t cause the economy to tank, just by talking about it. The mainstream media has been talking about it every day. I’m glad we have a real brain for VP. Imagine if we had been stuck with Powder-Puff Palin for VP!?!

Posted by: markm8128 | December 21, 2008, 12:17 am 12:17 am

Changes I can believe in…
Changes I am still waiting for…
Biden has NOT changed his gaffe for 30 years…
Obama has NOT changed his incompetence…
So why did they promise me CHANGE while they are not able to change anything about themselves? How could they bring changes for others?

Posted by: June | December 21, 2008, 12:29 am 12:29 am

The last thing we need in this troubled times is racist rhetoric such as “cracker”. Shame on you, Jack Meoffe, shame shame on you!!

Posted by: cameltoe69 | December 21, 2008, 12:29 am 12:29 am

There are five people who are responsible for the economy tanking. Bill Clinton, Harry Reid, Nancy Pelosi,
Maxine Waters and Barney Fa..Fa..Fa.. Frank. They were the ones who forced the banks to give loans to people who could not afford them. It doesn’t even take a sliver of a brain to figure it out. But then again, Joe Biden doesn’t have a brain and anyone who reads the NY Times is, for sure, an idiot. Make that a brainwashed idiot.

Posted by: willy39 | December 21, 2008, 12:48 am 12:48 am

Where will this money go? Not to the Peeps!
NO BAILOUT! It will not help!

Posted by: Apollo | December 21, 2008, 2:05 am 2:05 am

I am the Walrus.
Goo goo ga joob.

Posted by: Anonymous Hollywood blacklist dodger | December 21, 2008, 2:05 am 2:05 am

biden is obamas best possible life insurance policy possible…Who would harm him with biden and polosi in line for the presidency?

Posted by: Mcgreager | December 21, 2008, 4:28 am 4:28 am

These guys are going to look like idiots when the stock market takes off to the Moon!

Posted by: Dude | December 21, 2008, 6:15 am 6:15 am

Like it or not, politics is no joking matter.
There are too many juvenile comments in this forum and an overwhelming number of uninformed and uneducated people.
For those that I refer to here, please find another topic to expose you lack of knowledge!

Posted by: lyn | December 21, 2008, 7:29 am 7:29 am

Like it or not, politics is no joking matter.
There are too many juvenile comments in this forum and an overwhelming number of uninformed and uneducated people.
For those that I refer to here, please find another topic to expose you lack of knowledge!

Posted by: lyn | December 21, 2008, 7:29 am 7:29 am

Democrats fixing the economy, what an oxymoron!
Politicians have screwed up this economy and now we march towards socialism.
How sad for America.

Posted by: garyB | December 21, 2008, 7:39 am 7:39 am

Biden is either a moron or a terrorist…
well being of member of Congress would make him both.
Exterminate the Christian government.

Posted by: Eyem not free | December 21, 2008, 8:21 am 8:21 am

This babbling idiot is the best insurance policy Obama could ever wish for.

Posted by: hellothere | December 21, 2008, 8:33 am 8:33 am

The only people dumber than Biden are those who take seriously anything he says.

Posted by: Stand Up Chuck | December 21, 2008, 8:45 am 8:45 am

Biden works for the Bilderberg Group, so he KNOWS the economy is tanking, and he’s trying to prepare the public for it

Posted by: rob | December 21, 2008, 8:48 am 8:48 am

When inflation hits 10 to 15% because Congress thinks printing money and infusing it into the economy without regard to free market forces and simply, in typical Democrat fashion, throwing other peoples money at a problem creates a socialistic economy, I don’t want to hear a word from ANYONE who voted for a Democrat.

Posted by: greycole | December 21, 2008, 9:20 am 9:20 am

The gov’t should not meddle in the economy, no matter how tempting it is. In a free market there will always be winners and losers, ups and downs. The gov’t helped to get us into this mess with the “Community Reinvestment Act”, amended in 1995, by encouraging loans to low-income home buyers. This economy is just the chickens coming home to roost. The gov’t should stick to national security and world trade policy and stay out of our domestic economy.

Posted by: jeff | December 21, 2008, 10:03 am 10:03 am

Notice how They CUT the Remarks that Biden had made on the Auto industry ? I wonder why? Even after it had been advertised on the ABC news the night before. This is censorship. What is OBAMA afraid of ? Getting the UNION mad at him ? So much for an open administration. I see they also pulled the quotes off the page ! Gee. Can’t count on ABC to tell the truth !

Posted by: Ken in Michigan | December 21, 2008, 10:12 am 10:12 am

Stupid liberal socialists.
They way to fix the economy is to let those that create wealth and jobs do what they do best instead of punish them with taxes and regualtions and grow a large bureaucratic inefficient and inefffective central govt. Simple, isn’ it? unless you are a member of the left wing media elite.

Posted by: ricardo maxwell | December 21, 2008, 10:23 am 10:23 am

The HYPOCRITES in Congress want Auto CEO’s to take $1.00 per year salary while giving themselves a $4,700 increase.
I am sure that we could get rid of all of them and pick 535 people at random out ot the telephone directory and do better.
They are liars and thieves that stick up for each other. If you hired me to build an addition to your house and I botched the job, would you hire me to fix it? That is what Congress did when they appointed Chris Dodd and Barney Frank to help with the ‘FIXING’ of the economy. The saying goes that “Only a fool doesn’t learn from his mistakes.”

Posted by: Berndt Lindberg | December 21, 2008, 10:27 am 10:27 am

None of these guys are being straight with us. This is just a big power grab.
If you actually look at the numbers, the rise in debt and the drop in savings rate has been going on for a long time. It was started in the 90s and it persisted during the whole last decade.
We were set up for the subprime crash. It was inevitable, but no one believed it could happen. It sounded far-fetched to too many people.
But here we are.

Posted by: midwestlady | December 21, 2008, 10:50 am 10:50 am

Um, also if the Congress were so concerned about this, they shouldn’t have given themselves all a raise last month.
See what I mean? Politicians don’t care.
What do you want to bet the White House gets a complete remodel in the middle of this financial mess?

Posted by: midwestlady | December 21, 2008, 10:53 am 10:53 am

This guy is a ticking time bomb!! He has been a negative drag on Obama, the country (as a Senator) and anything he responds to. How about a little optimism Biden? Lets strap another 700 BILLION to the taxpayer after you criticized Bush and the Republicans for raising the national debt, BRILLIANT! Two-faced, hypocritical, Liberal Tax & Spend. Like a Cadillac, he’s got it all.
Lets see how fast he gets us in another war with his sharp tongue and witt. Can yyou say Gaff-Master!

Posted by: Lloyd | December 21, 2008, 10:55 am 10:55 am

I never thought Palin would seem smart.

Posted by: breadwild | December 21, 2008, 11:01 am 11:01 am

I personally see a good balancing act between Biden and Obama.
Biden speaks the much needed blunt truth while Obama offers and delivers solutions to the economic challenges our nation faces.

Posted by: gorn | December 21, 2008, 11:02 am 11:02 am

The difference between common folk and elected politicians is this. I catch you shoplifting, you want to just vanish since you know what you are doing is wrong, and you are busted. The politician takes a head count in the store, and as long as less than 50 % are complaining, he continues. If it’s more that 50 % he gets up on a soap box and tells everyone how damaging this act is, and what he plans to to to fix it.

Posted by: Berndt Lindberg | December 21, 2008, 11:06 am 11:06 am

Biden will never be an asset to the Obama administration. He brings nothing positive.
He is a dimwit and it is a wonder that he has survived so long.
He needs a guard/companion to make sure he does not hurt himself. Obama should shelve Biden and allow him nothing to do in the administration.
What was/is Obama thinking when he chose Biden.
G-d forbid if he should fall in to the Presidency.

Posted by: hdg | December 21, 2008, 11:11 am 11:11 am

There is one way that we can save big money, but common sense is too complex for airheads in office.
Like a lot of folks in this state, I have a job. I work,they pay me. I pay my taxes and the government distributes my taxes as it sees fit. In order to get that paycheck, I am required to pass a random urine test with which I have no problem. What I do have a problem with is the distribution of my taxes to people who don’t have to pass a urine test.
Shouldn’t one have to pass a urine test to get a welfare check because I have to pass one to earn it for them? Please understand, I have no problem with helping people get back on their feet. I do, on the other hand, have a problem with helping some-one sitting on their ass, doing drugs, while I work.
Can you imagine how much money the state would save if people had to pass a urine test to get a public assistance check?
I guess we could title that program, ‘Urine or You’re Out’

Posted by: Berndt Lindberg | December 21, 2008, 11:12 am 11:12 am

First of all, The stock market crashed under Bill Clinton and the tech bubble happened under his watch. So please stop rewriting history.
Second, could you imagine if the campaign promise would have been the economy is going to tank and it’s going to take years to recover? These 2 idiots never would have won. We’d be looking at a Hillary Presidency.
And finally, they are doing a masterful job of lowering expectations so if things are worse or the same in 4 years they can still blame Bush. And hasn’t Biden been in the Senate for the last 30+ years? Shouldn’t he have done something besides take cash from special interests?

Posted by: ruben | December 21, 2008, 11:12 am 11:12 am

Its funny how you liberals blame Bush when your cronies won the house and senate in 06 and its went down everyday the reason company’s are laying off is because your clowns are running around saying they are going to raise taxes and your guys put Barny frank and Cris dodd right back at the helm the ones that caused the housing crunch. If you people are to young to remember oh lord jimmy carter well baton down the hatches your going to see him again for the next four years if we can make till then and yes i would vote for bush again but hey socialist liberals his 8 years are up. Obama will bail your UAW buddy’s out the the government will tell gm what to make or AL gore will come in his little green whacko car and lock you up oh yea look outside not to much global warming now huh gees ignorant fools.

Posted by: steve | December 21, 2008, 11:13 am 11:13 am

It’s always good to hear such wonderful news from Democrats. They really know how to cheer people up and give them hope. I mean, with news like this, most Americans might as well go out and hang themselves. Such joy at Christmas time. Joe, there is a reason they invented duct tape. It’s for your mouth.
Merry Christmas

Posted by: TJ | December 21, 2008, 11:13 am 11:13 am

UM, Did anyone happen to notice Biden’s lapel pin?? It looked like it was an American flag with a bullet hole in it, OR a black star on it…….

Posted by: Observer | December 21, 2008, 11:15 am 11:15 am

The problem with most of the people posting here complaining about our new VP, is that these are the same people who are sticking their head in the sand, still charging on the credit cards and still think “Wow..I have a job. I am safe.” You people are the real idiots who have no clue about the country, economic policy, or finanical instruments. The only thing you are good for is the next new Iphone or video game or music download. We are in serious trouble in this country and Biden is telling the truth. Whether you like it or not. Stop YouTubing the lastest stupid dog trick and start YouTubing economists, financial commentators and world news. Wake up!

Posted by: karen | December 21, 2008, 11:22 am 11:22 am

Obama plans to tax the **** out of everyone except for those with low-income and expand welfare benefits by 30%.
If the economy hasn’t died by then, that will kill it. We may have 6-10 years before then, or sooner of course… but the end is inevitable.
Obama was the least equiped person based on his mentality, hubris and lack of experience we could have voted for. Thanks my fellow Americans, you idiots.

Posted by: Anonymous | December 21, 2008, 11:22 am 11:22 am

Cramer ranted about this in July 2007,
and not enough was done then, even if
your not a Cramer fan, you have to admit how accurate he was on predicting this.

Posted by: Steve | December 21, 2008, 11:28 am 11:28 am

Camel @ 12:29 am You need to expand your information source beyond ..well.. wherever you get your tunnel vision. The truth is both sides of the aisle are hedged by the Corp titans. They contribute to both sides. The underlying problem is that “growth/wealth” was “created” by leverage and credit. Great on the way up, but very painful on the way down. And as GW said at the podium last month, “turns out it was a house of cards.” The US Produces very little inside our borders anymore.(relative to consumption) Biden, and anyone who says, “its worse that we thought” has been living under a rock. It will get worse, but NO one knows what is going to happen, the Global financial system is now in uncharted territory.
I may be bumpy or worse, but enjoy the ride….its the only one you get.

Posted by: Jadventur | December 21, 2008, 11:33 am 11:33 am

How many times can we be conned? Wake up people! The Patriot Act must be passed immediately or there will be another attack! – FALSE. The TARP must be passed immediately or the economy will collapse – FALSE. We dont need this bailout and it wont help our economy. Wait and see.
Don’t you get sick of being conned? Wake up. Oh yeah, if you don’t send me a check for $1000 an asteroid will hit the earth. hurry!!

Posted by: jayds13 | December 21, 2008, 11:33 am 11:33 am

Yeah- Biden needs to stay out of Obama’s way – so Obama can spread the wealth and get us all out of this mess. The rich corporations and the rich people all have lots of extra money that we all really need right now. It isn’t that big of a problem if the rich will have to lay off workers because their money for payrolls is a little less. Rich people can stop buying so many things because they will finally have to pay more than half of their money to the rest of us, which might make the rich companies have to lay off more workers because they sell less of their products. But they would sell more of them anyway because Obama is going to use 600 or 700 BILLION dollars to buy stuff from everyone. Its not that big of a deal if nobody will want to go to school for lots of years after high school to be a doctor or some other really smart professional because they would just end up having to spread their wealth to the rest of us. They don’t need to be so greedy anyway. I’ve been pretty healthy, and I would rather have wealth spread to me than to have a really good heart doctor around when my heart fails–there’s probably some really good nurses that could work on it–and I can eat a lot of good bacon from the good wealth that gets spread. In the future, it will be better for us anyway if we can all just get out of school before we’re 20, and then we can just have fun from all the spread wealth while we’re young, and the rich corporations can pay us. And besides there’s lots of smart people in other countries that can do the hard jobs that the rich corporations need done – like those really smart engineers from other countries. Obama will never run out of wealth. And if he does, he is intellectual and will be able to find other wealth to spread to us. He would be able to fix it again if it runs out– I know he could. Biden just needs to get out of Obama’s way.

Posted by: TroothHurty | December 21, 2008, 11:44 am 11:44 am

Thanks for the insight Joe. But I don’t think Barak wanted you to say it so matter-of-factly. We all know the U.S. economy is in a very precarious state with deflation first followed by rampant hyperinflation if currency is not adroitly pulled out when things begin to turn in a couple of year.
The interesting question in my mind is what congressional leader were told by Paulsen, Bernanke et al. about the fragility of the economy during their closed door meeting several months ago.
The Phoenix Business Journal has some tantalizing information on this…
See: http://tinyurl.com/3v9rfa

Posted by: Scott | December 21, 2008, 12:12 pm 12:12 pm

The government got involved with the economy by passing the CRA Act and allowing Acorn to sue a bank for not lending to people who were not qualified. The government started a snowball and this is the results of government intervention at its best. They do not know what is best for the people, private companies or foriegn governments and can not keep themselves back and out of the way. Congress has their chests pushed out like little banty roosters right now and they think they are in charge and they have to do something for the economy. The only thing they will do is “absoultely tank” the economy. Mark my words we are headed for a recession worse than the 30′s if they do not stay out of the way.

Posted by: James | December 21, 2008, 12:21 pm 12:21 pm

to save jobs and keep it here
Repeal the NAFTA, my wifes job is bieng outsourced to INDIA, home to a billion more mus##m’s,or what ever they are!!
Thanks to the demoidiots!

Posted by: yosemitee | December 21, 2008, 12:27 pm 12:27 pm

What a total idiot!
Tax cuts are what we need
not more govt spending.
Can we impeach him yet?

Posted by: Reilly | December 21, 2008, 12:55 pm 12:55 pm

It isn’t stupid: it’s realistic. If you don’t think this is happening, your head is in the sand. You have to recognize a problem before you can fix it.

Posted by: Marcia | December 21, 2008, 1:11 pm 1:11 pm

Isn’t it true? Isn’t our economy screwed? Go hate on him for telling it straight and not fluffing up the truth to make it seem not that bad. Can anyone tell me how long its going to be before the word “liberal” isn’t a curse word?

Posted by: Marcus | December 21, 2008, 1:18 pm 1:18 pm

Those of you who doubt what Joe is saying cannot handle the truth and will have no one to blame when your freedoms that you take for granted are stripped from you by the neo con elite that control both partys an by the the sky is falling. kenny g

Posted by: kenny g | December 21, 2008, 1:24 pm 1:24 pm

OH My! I expected the brilliant mind of BHO to make a better selection than J. Biden. Joe is not bad if you consider whose pocket he is in…look at all that legislation he pushed for the credit card companies regarding interest rates, bankruptcy, etc. Not only did he ‘stick it to the people’ now we are stuck with him. Maybe you get what you deserve when you put people like Joe in office.
This is going to be fum to watch.

Posted by: Stephen | December 21, 2008, 1:24 pm 1:24 pm

Okay Joe, you voted against drilling for oil 7 years ago and helped spike the oil prices that started the infaltionary spiral in food prices and set up problems for the Big Three Car Companies. You FORCED banks and mortgage companies to loan billions in low income non guaranteed mortgages through corrupt Fannie Mae and Freddie Mac. Now you complain the economy is tanking?

Posted by: Richard Z | December 21, 2008, 1:28 pm 1:28 pm

What do you think about the election? Study participants needed.

At the University of Connecticut, we are conducting a research study
to understand what people think of the election. More specifically, we
are interested in what people think of the new president, whether they
support a variety of social policies, and what factors influence these
judgments.

If you agree to participate in the study, you will be asked to read an
article that was written after the election. You will then be asked a
series of questions. These questions will ask you about your thoughts
and opinions of the new president, your support for different social
policies, as well as your general views of the world. The study should
take 15-20 minutes of your time. All information that you provide will
be strictly anonymous.

To participate in the study, please use the following link:
http://www.psychsurveys.org/amy_huntington/comopinions

If you have questions about this project or if you have a
research-related problem, you may contact us at
UConnElectionStudy@gmail.com.

This study is approved by the University of Connecticut Institutional
Review Board, Protocol # X08-108.

Posted by: UCONN Election Study | December 21, 2008, 1:30 pm 1:30 pm

Without fail, we are bombarded with the extreme conditions of the economy. Does nothing good happen or is it nothing but doom and gloom? Stop the bail outs, let the economy correct itself. Government running most anything is dangerous. Have you seen Congress do anything lately that was in the best interest of the people? Don’t hold your breath. Change? Looks like the same old stuff to me.

Posted by: Russ | December 21, 2008, 1:32 pm 1:32 pm

I am opposed to government bailouts of ANY kind and guess what all you folks in your 20′s, 30′s and 40′s….YOU are going to be paying for all this mess for decades to come. Just keep putting liberals who like big government programs in office and you will get even more of the same. I am in my 50′s and am very worried about my kids’ and future grandkids standard of living in years to come…..it AIN’T going to be what you are used to now. What is all this bailout nonsense going to accomplish besides more debt. Get ready… Social Security and Medicare are next. Sooner or later we’ll have to pay the piper. Good luck in letting the government solve all your problems. We will live to regret these days.

Posted by: MaryT | December 21, 2008, 1:48 pm 1:48 pm

Obama and Biden are just now being exposed to the entire truth about everything at the highest levels of security. Until you are elected and usually seated you don’t know the mess you were just selected to manage….
In this case our economic condition is so dire that even the republicans can’t hold off telling the new comers most of the truth because it is about to bust into an all out depression that would be irreversible for possibly decades.
Biden is telling the public the truth as will Obama. There will be much more revealed in the coming months that republicans have tried to keep secret while through their mismanagement and malfeasance in office they used every deceptive tool they could to keep a false economy seemingly robust.
The adjustment absolutely must begin immediately if we are going to prevent a deep depression. Rampant inflation within the housing market has been neglected for far too long. Keeping interest rates down while housing costs are going through the roof is counter productive to a healthy economy because if fuels inflation. Interest rates should have been allowed to rise five or six years ago to slow the radical housing boom in place like California, Florida and other places where now homes are so overvalued that every homeowner within those locals must now take a significant hit to the value of their real estate.
A 2,000 ft home can only be worth so much wherever it is built. The use of recent sales in an excited seller market drove the appraisals of property to unprecedented values. People who paid those inflated prices are now going to have to shoulder the responsibility of making a bad decision.
At the same time there needs to be investigations into the lending practices of these loans. Realtors selling a buyer out just to get a commission, appraisers using the most extreme comparisons possible to support a new higher value, and mortgage loan officers after the commission who steered buyers into taking loans that they should not have been able to qualify.
All of these sectors of the housing market drive prices higher because they make more money. Realtors make on the average 7%. Mortgage companies can add from 3% to as much as 10% to the price of a home. Together these two entities often charge more than the builder nets out in profit yet neither have any cost associated with inventory, interest and risks that the builder faces.
When a 2,000 ft home has adjusted down to less than $100 per square ft in these radically inflated areas of the country we will again be on solid economic ground. All attempts to prop up the values of real estate in those areas to keep values higher than the house could be built in this declining market will be futile and a waste of good money.
The irresponsibility of the republican majority of them turning a blind eye to such rampant inflation and instead promoting anything to stimulate an already false economy is why we are now at a point that a radical correction must be made. Bail outs are not going to stop a deflation cycle on home values without devastating the value of the dollar. If we make the mistake of creating massive debt to bail out these private sectors and finally when there is nothing else left we start printing billions of new dollars, foreign currency exchange rates will enable Chinese businessmen to buy up America for dimes on the dollar and own us without firing a shot….
The people who rapidly climbed the ladder of success over the past decade, who did not save much of those resources as they made them and or chose to create debt rather than live within their means, will now have to give up much of what realistically they can not afford. Just as rapidly as their egos overload any prudence and memory of where they came from they will return to a more modest level of existence.
What Biden said foreshadows that this adjustment will expose everyone who has chosen to live beyond their means and these people will have to bear their own corrective burdens during this adjustment or America’s entire economic system will collapse.

Posted by: Ed C. in OK | December 21, 2008, 2:00 pm 2:00 pm

Obama is quickly filling up his foreign policy team so he can check it off his list and stay out of it. His real agenda is to get his meat hooks into the domestic side of things with the biggest government this country has ever seen.
I was at a pro basketball game last night and couldnt believe the conversations going on around me. How Obama was going to “take care of me, get me a mortgage, get me out of debt, find me a job, finally make things equal, make the rich people finally pay up, send my kid to college for free”.
Wow is all I can say.

Posted by: Jim | December 21, 2008, 2:14 pm 2:14 pm

Aaah..the good ol Joe we know here in Delaware. The next 4 years are going to be fun…with Joe and his mouth…can’t wait till it all begins.
How about his comment a couple years ago that you can’t walk into a Dunkin Donuts in Delaware without finding the place run by Indians.
What a bafoon. Who wants to bet his first verbal bomb flies off during inauguration week?
Joe..you pathetic fool.

Posted by: Jim | December 21, 2008, 2:22 pm 2:22 pm

Calling Biden an idiot would be too generous. I’m not a historian but I think he already won contest for stupidest VP of USA – even before becoming one.

Posted by: Myself | December 21, 2008, 2:27 pm 2:27 pm

We do not need more Monopoly money circulating. Instead,
tell your Congressman and Senator to support Federal Reserve Board Abolition Act HR2755, The Federal Reserve Bank is the CAUSE of OUR Economic Crisis, visit
http://www.EndTheFed.US
The Fed,our nation’s “Central Bank”, has put our once prosperous nation at the doorstep of a terrible DEPRESSION. In collusion with the big money center investment banks it created massive DEBT throughout the economy. This mountain of I.O.U.’s was leveraged in a speculative pyramid scheme called “derivatives,” creating a Bubble that has now burst. The bankers think that the American people and their children should pay for the consequences of their reckless greed. We must say NO MORE BANKER BAILOUTS and we must demand the replacement of the “Federal Reserve Note” with real,commodity backed money.

Posted by: Gloria | December 21, 2008, 2:50 pm 2:50 pm

Thanks for the news flash Joe. As for people being upset about his comments, it really doesn’t matter what this guy says. He’s a politician. We are waiting for politicians to get us out of this mess and thats the wrong thing to do. We need free market and a severe recession. This is a consequence of overspending, inflated bubbles, and artificially low interest rates. You don’t get out of this by spending more money. We need to swallow our medicine and deal with the recession and move on. Central government planning does not work! How much more evidence do we need of this. How did we get to this point.

Posted by: Ch | December 21, 2008, 3:13 pm 3:13 pm

What a fool. The more he and BO talk down the economy, the more they ruin it. They are so economically and behaviorally ignorant, they don’t see how THEY ARE CAUSING THE CONTINUING SPIRAL with their words and proposed policies.
….Or maybe they WANT to destroy our economy so thoroughly they can even more easily do what BO and Emmanuals have said they want to..take advantage of economic crises to lead the sheep into more socialistic control and fewer freedoms.

Posted by: Pauline | December 21, 2008, 3:16 pm 3:16 pm

Ch, good post. When are we going to learn from Europe, Japan, our own history, and the history of states like Michigan, California and New York..the more “govt” spending, the more regulations, the lower the economy.
If everyone who paid taxes had to write out a check every month for what they send to the government, there would be an uprising.
Why does anyone want MORE GOVT control of ANYTHING? Have more faith in yourselves America, each of us is smarter than any govt official and collectively we make better decisions.

Posted by: Pauline | December 21, 2008, 3:23 pm 3:23 pm

Ch, good post. When are we going to learn from Europe, Japan, our own history, and the history of states like Michigan, California and New York..the more “govt” spending, the more regulations, the lower the economy.
If everyone who paid taxes had to write out a check every month for what they send to the government, there would be an uprising.
Why does anyone want MORE GOVT control of ANYTHING? Have more faith in yourselves America, each of us is smarter than any govt official and collectively we make better decisions.

Posted by: Pauline | December 21, 2008, 3:23 pm 3:23 pm

Obama is an educated fool and a tool of the radical left. He has no idea what to do, and he does not listen to his advisers. He is far worse than Billy Carter and he will humiliate America with his incompetence.
It is time to get out and find investments in some other country. I have no hope for the future.

Posted by: David Couturier | December 21, 2008, 3:35 pm 3:35 pm

Following a link posted above.
“Ariz. police say they are prepared as War College warns military must prep for unrest; IMF warns of economic riots”
http://tinyurl.com/3v9rfa
All I can say is it couldn’t happen here, could it? Not in America! Russia or Venezuela maybe, but not here.

Posted by: David | December 21, 2008, 3:42 pm 3:42 pm

When are we going to euthanize the unemployed and the GM and excess workforce in the car industry? Wall Street human correction in employment is in order plus the Madden sudden instant poor lot he managed.

Posted by: Jerome Tremblay | December 21, 2008, 3:57 pm 3:57 pm

Myself has it nailed at 2:27. The United States is under a huge cloud of debt Debt is used as collateral for more debt. Both parties have forsaken all reality to back stab each other and the MSM cover it like it’s news. Now people are debating more bailouts.
I only read this article because it was linked by another site. Anyone that is not preparing for some spectacular times and is trusting the government is insane.
The problem would never have gotten this bad if the MSM would have done their job.

Posted by: Dennis | December 21, 2008, 3:57 pm 3:57 pm

OK, all of you against the auto bail out(or loan), when these 3 million workers get out of a job, what kind of work do you think they will do?
You can’t buy a new car or home on a Walmart wage. Even Walmart will be closing stores when these workers stop buying, not to mention all of the other stores! Then where will all of these laid off workers find a decent job.
Don’t be so quick to judge, do a little thinking, it may be a new experience!

Posted by: lyn | December 21, 2008, 4:15 pm 4:15 pm

Bailouts won’t work….Never did and never will.
The only way out of this is to PURGE the system….let the dollar collapse…get rid of all the lawyers/politicians in washington….return the powers of the FED to the people…return to the gold standard…and start manufacturing again.

Posted by: say YES to the Constitution | December 21, 2008, 4:25 pm 4:25 pm

You do know why we had the big sub-prime crisis? The Dumbocrats did not want to regulate loans to people who had little or no chance of paying for them. It was in the best interests of the Dumbocrats to mandate giving loans to the poor and under-educated to make them happy, because they are the voting base for the Dumbocrat party. Well, they won, and now they have no idea of how to get us out of this mess. We are all screwed.

Posted by: joannie | December 21, 2008, 4:43 pm 4:43 pm

Hey lyn****
They’ll do the same thing all of us in construction are doing. Look for another job, the only differance is that they’ll get severance money…. Most of us who’ve lost our jobs dont get anything!!

Posted by: ynot | December 21, 2008, 4:46 pm 4:46 pm

Too many blood-sucker jobs in this first-world economy. Politicians financial advisors, tax collectors, real-estate agents, pharma-laboratory crooks et. al, better friggin learn to plow a garden, ’cause it’s not only belt tightening time that is coming, but down right hard times speckeled with civil unrest and starvation. These are the words that Biden should have used, but then we don’t want to spread any pessimism eh!

Posted by: dajubester | December 21, 2008, 4:59 pm 4:59 pm

The real problem here is that speculaters in the market here this and it makes things worse. Yes, we all know that the market is in real danger of completely tanking, but the his rhetoric does not help the situation. I am a firm believer that ACTIONS speak louder than word. Want to prove something to me, shut up and work, don’t tell me how crapy things are, get off of your duff and do something.

Posted by: Mark | December 21, 2008, 5:08 pm 5:08 pm

Don’t be so hard on Joe Biden folks!
I’m sure his comments were taken out
of context!
The reporters must have left out the
part about President Roosevelt going
on TV and reassuring the American
People! LOL!
We need some laughs in these tough times
and Joe Biden is willing and able
to provide them!

Posted by: reaganfan | December 21, 2008, 5:20 pm 5:20 pm

Curly Joe Biden is right, the economy is tanking and it is due to what we need not to do, flush more money down the bail out toilet, the Congress has corrupted the finacual side of this enconmy and every thing is going to implode if the government doesn’t get some real leadership and stop trying to milk more out of a stalled market by taxing it permanently to death.
Get govenment out of the way and let the free market work,put the crooks in jail and fire the corrupt in the congress.

Posted by: ONTIME | December 21, 2008, 5:54 pm 5:54 pm

Hundreds, thousands, millions, billions, trillons,………..what comes after trillions? I’m afraid we’ll soon need to know!

Posted by: Phil | December 21, 2008, 6:07 pm 6:07 pm

Biden should know all about tanks. He has been in one for the past 35 years.

Posted by: Dave | December 21, 2008, 6:13 pm 6:13 pm

I just love ole Bumblin’ Joe. The depth of his self proclaimed great intelligence is just overwhelming to us mere mortals. The sky is falling but if we just spend, spend, spend…..we will solve all of our troubles!! How ingeneous!!! Can’t we get more of this guy and his fabuous wit? At least a little of his simple-minded levity breaks things up once in a while…he’ll be sort of like a court jester for us all with the incoming administration!!

Posted by: fred | December 21, 2008, 6:17 pm 6:17 pm

Don’t worry, the government got us into this mess and it will get us out of it.
And Mary had a little lamb………..

Posted by: lyn | December 21, 2008, 6:35 pm 6:35 pm

Here is the greatest example of why our government is so screwed up and the country has such an unfavorable opinion of the Congress… what a LOON!! Why do you continue to elect these idiots! What an embarrassment and what a waste of time on such a non-news story!! Must be a slow news day for George S.

Posted by: Winton III | December 21, 2008, 7:59 pm 7:59 pm

To the moron that sited the NY Times article as “proof” that Bush is to blame for the house market fiasco – put down the kool-aid fool. Anyone who has taken the time to half-way educate themselves on this issue knows that the policies that set this wheel in motion were enacted during the Carter and Clinton administrations.
Here’s a little history lesson for you kool-aid drinking libs. I realize they don’t teach fact-based history in the liberal-run schools anymore:
http://newsbusters.org/blogs/noel-sheppard/2008/12/21/new-york-times-blames-housing-financial-crisis-bush

Posted by: Dan in SC | December 21, 2008, 8:47 pm 8:47 pm

Lets just let the Democrat Party complete the ruination of the USA so everyone can see once and for all how incompetent they are!!! the Dems are the stupidest, vote buying party that has ever existed since America began.. 4 years should be enough time for them to compleete their evil work, then the real American Patriots can step in and renew the USA to it’s true great status in the world…..
Posted by: asiff | Dec 20, 2008 12:16:57 PM
**************************************
I regret to inform you that for the most part the past 8 years we have been completely ruled by republicans. Actually there really isn’t a democratic majority in congress these last two years like you guys say too. If you are going to call dems “the stupidest” you might want to improve your post there.

Posted by: NotaSpammer | December 21, 2008, 11:39 pm 11:39 pm

The Democrats, liberals, socialists, Bush-haters, and various other assorted America Haters are still trying to re-write history as it pertains to The CRA, Jimmy Carter’s and Bill Clinton’s administration, and the numerous obstacles and obstructions put forth by Democrats in the Congress when the handwriting began to appear on the wall. Dems caused this whole mess with their enormous vote buying scheme known as the CRA. They thought that, by forcing lenders to make bad or high risk home loans, they could guarantee more loyal votes from their poor, ignorant and undereducated voting base (obama voters). When faced with a Rep Congress during the Clinton years, Clinton administration officials and ACORN worked together to circumvent the legislative process and bully and browbeat lenders. Fannie Mae and Freddie Mac became nothing more than Democrat slush funds operated by crooks.
Now we see blatant lies being spewed by the NYT ORGANIZATION (NO SURPRISE HERE)trying to pin all our troubles on Bush. How stupid do they think the American people are? Stupid enough to elect Obama- Biden?

Posted by: ricardo maxwell | December 22, 2008, 6:33 am 6:33 am

The Democrats, liberals, socialists, Bush-haters, and various other assorted America Haters are still trying to re-write history as it pertains to The CRA, Jimmy Carter’s and Bill Clinton’s administration, and the numerous obstacles and obstructions put forth by Democrats in the Congress when the handwriting began to appear on the wall. Dems caused this whole mess with their enormous vote buying scheme known as the CRA. They thought that, by forcing lenders to make bad or high risk home loans, they could guarantee more loyal votes from their poor, ignorant and undereducated voting base (obama voters). When faced with a Rep Congress during the Clinton years, Clinton administration officials and ACORN worked together to circumvent the legislative process and bully and browbeat lenders. Fannie Mae and Freddie Mac became nothing more than Democrat slush funds operated by crooks.
Now we see blatant lies being spewed by the NYT ORGANIZATION (NO SURPRISE HERE)trying to pin all our troubles on Bush. How stupid do they think the American people are? Stupid enough to elect Obama- Biden?

Posted by: ricardo maxwell | December 22, 2008, 6:33 am 6:33 am

Can anyone say Ron Paul. He has been warning us about the misuse of our economy and economic policy by people like Bush and Biden alike. No Republican nor Democrat can fix this. We need industry back in America, we need the Federal Reserve abolished. And we need the treasury to iussue gold backed money with no intrest attached.

Posted by: I an the NEW WORLD ORDER | December 22, 2008, 1:07 pm 1:07 pm

Creating jobs for the suffering American Taxpayers would be great… BUT WHO WILL END UP WITH THE JOBS??!!! WITH EMPLOYERS WANTING TO PAY LOW WAGES, THE ILLEGALS WILL END UP WITH MOST OF OUR JOBS!!! THIS COUNTRY NEEDS TO START THINKING ABOUT THE LEGAL AMERICAN WORKER FIRST!!!!

Posted by: Barbara | December 22, 2008, 1:15 pm 1:15 pm

What do you want to bet that Biden’s two new dogs will receive better medical care and food than many of the children of the people laid off from their jobs today?

Posted by: jenkins | December 22, 2008, 2:48 pm 2:48 pm

I cannot believe the crazy way these politicans think. Are they really so naive as to think we believe everything they say? Remember the famous quote by POGO-’WE HAVE MET THE ENEMY AND HE IS US!’

Posted by: jenkins | December 22, 2008, 2:54 pm 2:54 pm

Biden wants to close Gitmo to appease the Islamic community. I doubt that will work. Not to mention, they get served glazed chicken with rice there. They have it pretty good for prisoners, I hardly call that torture.
Also, Biden is heading a middle class task force ? To do what, find out where they soak more money from ? He represents everything wrong with congress. He’s been there way too long.
I predict Biden will destroy numerous small businesses (which includes 16 million Americans), and anybody that has earned their higher standard of living. Everyone that makes over minimum wage will be considered rich to the liberal democrats.

Posted by: Blue | December 22, 2008, 3:06 pm 3:06 pm

It should be made unconstitutional to spread bad news by the media and government – it’s obviously the real reason the economy is tanking.

Posted by: Libqzy | December 23, 2008, 7:33 am 7:33 am

With all the references here to Joe Biden’s character and background, it may be of interest to know that he is of Iraqi Jewish decent.

Posted by: James Woroble Jr | December 23, 2008, 1:42 pm 1:42 pm

Biden; “The economy is in much worse shape than we thought it was in,” – Why in the hell didn’t you know what kind of shape it was in Biden? You should have greater access to economic information than I do and I have known that we were “TANKING” over a year ago. Imagine, this man is going to be VP? I have watched you and your mouth shot from the hip for years.
Please do us all a favor and shut up and stay in the background – where Obama wanted you to be in the first place.

Posted by: Kevin | December 24, 2008, 12:19 am 12:19 am

Joe Biden is President-Elect Obama’s
best insurance policy!
Obama is a very smart politician!
President Biden is a Very Scary Thought!

Posted by: reaganfan | December 24, 2008, 12:47 pm 12:47 pm

I think Joe is just telling it as it is. The US economy is in terminal decline. Americans buy almost everything from overseas because it’s cheaper & of a higher quality than the stuff you make at home. In doing so you export your jobs & your currency. You live in houses you simply can’t afford. You spend more than you earn & don’t save anything. You embark on costly wars in far off places that bring no benefit whatsoever to your country. At the same time your own roads & bridges are falling down & you’ve got countless people living on the streets. Your prisons are full to the brim & your financial institutions are corrupt & bankrupt. The United States Of America & it’s economy is a train wreck happening right before our eyes. In short, you are screwed & screwing the rest of us while you are about it.
William Bell, Aotearoa.

Posted by: William | December 26, 2008, 1:26 am 1:26 am

The US will be alot better off finanacially if it would quit sending money to foreign countries, when there is people in our own country that need the money.

Posted by: Barbara | December 26, 2008, 2:53 pm 2:53 pm

The Kool Aid Party hasn’t even begun yet!

Posted by: disgusted in Ohio | January 2, 2009, 11:18 pm 11:18 pm

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Posted by: wjqkalp hwcmr | January 27, 2009, 4:03 am 4:03 am

I’m worried he’s following Obama’s lead (he used the word CATASTROPHE in the news conference Monday night). It gives the impression that since taking office they have learned new, secret information that has scared them away from their campaign message of hope. Fear is terribly contageous.

Posted by: Ben | February 12, 2009, 1:31 pm 1:31 pm

So, how is $300 million earmarked for anti-male radical feminists via VAWA going to “stimulate” our economy, JOE???
Wouldn’t this money be better spent researching alternative cures for cancer or superbugs??? Than enabling bad girls choosing to date bad boy thugs?

Posted by: BE | February 23, 2009, 1:39 pm 1:39 pm

The thing what happened in US the government politicians and policy makers
and the private corporate authorities spent a lot of borrowed money in such a way that in a day today life spent all the money as it is not accountable and now they are all feeling that they are accounted and that the Americans are in very confused state.After that now they are feeling it is very hard to cover all these spending,
that resulted in no return.This continued from at least 2005.And now it is too late to correct it.

Posted by: chandu | July 26, 2009, 6:39 am 6:39 am

Well a couple years later and what a SHAM this turned out to be. The economy is getting worse and now they’re talking about more bailouts?! The money that went to GM was pretty much a waste and the banks continue to get away with all sorts of shenanigans.

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