By Theresa Cook

Mar 2, 2009 8:03am

The Note, 3/2/09: All In: Obama gambles success on all-at-once strategy

By RICK KLEIN Choose your battle — chances are your president has already chosen it. This week an ambitious President Obama continues his move from what he must do (the economy, Iraq) to what he wants to do (healthcare, energy policy) and what he’s judging that he must do again, and again (AIG is the latest back at the federal till). Using that sky-high popularity for what it’s worth (and then some), Obama is pressing ahead in a brash style, telling his opponents he’s ready for battle, calling them on hypocritical statements as quickly as they’re doing the same to him, and choosing more fronts, not fewer. This is what he was elected to do — though not necessarily all at once. Now, piece by piece, Obama is taking ownership of problems he inherited — not just from his immediate predecessor, but from decades of calcified politics that couldn’t deliver breakthroughs on the biggest issues of the era. The pile-it-on strategy (just last week, remember, he said he was ending the war, fixing the financial meltdown, and curing cancer) signals an early evolution for a president who’s struggled with his own definitions of bipartisanship and effective governance. More than ever, he looks like a president who will succeed spectacularly or fail miserably. How much is too much? “Achieving Mr. Obama’s agenda, or even a substantial part of it, will require extraordinary responsiveness not only from his team, but also from Congress and the public,” John Harwood writes in The New York Times. “Each of Mr. Obama’s major initiatives might normally represent the work of an entire session of Congress. Mr. Obama’s only apparent deference to overloaded circuits so far was his decision to slow his initial push for Social Security solvency, which rattled Democratic liberals.” “Perhaps the only things as high as Obama’s goals are the hurdles they must clear,” writes the AP’s Chuck Babington. “While tackling the economic crisis, he is asking Congress to enact contentious measures that have been debated, but not decided, in calmer times: cut subsidies for big farms; combat global warming with a pollution tax on industries; raise taxes on the wealthy; make big changes to health care, including lower reimbursements for Medicare and Medicaid treatments and prescription drugs.” “Battle lines are rapidly hardening over the broad policy shifts, massive deficits and tax increases President Obama unveiled last week in his first budget request, a 10-year spending plan thick with political friction points,” Lori Montgomery writes in The Washington Post. As for the tone: “In his weekly address, President Obama painted opponents of his budget proposal as entrenched fat-cat special interests and told them he’s ready for a fight,” ABC’s Jake Tapper reports. “I know [entrenched interests are] gearing up for a fight as we speak,” the president said. “My message to them is this: So am I.” This is all he’s trying? “The central issue in American politics now is whether the country should reverse a three-decade-long trend of rising inequality in incomes and wealth,” E.J. Dionne Jr. writes in his column. “Politicians will say lots of things in the coming weeks, but they should be pushed relentlessly to address the bottom-line question: Do they believe that a fairer distribution of capitalism’s bounty is essential to repairing a sick economy? Everything else is a subsidiary issue.” Why so much, so soon? “Obama sees the massive size of his agenda as a political advantage, not a vulnerability,” Politico’s Mike Allen reports. “The decision to move big and quickly with a $3.6 trillion budget that tries to tackle not just an ailing economy but energy, education and health care was a deliberate strategy — one that Obama believes leaves Washington’s deck stacked decisively in his favor, no matter the final fate of his proposals.” But is he lacking his most powerful weapon? “Obama . . . would like to send out mass e-mail updates on presidential initiatives, but the White House does not have the technology in place to do so. The same goes for text messaging, another campaign staple,” Jose Antonio Vargas writes in The Washington Post. “Beyond the technological upgrades needed to enable text broadcasts, there are security and privacy rules to sort out involving the collection of cellphone numbers, according to Obama aides, who acknowledge being caught off guard by the strictures of government bureaucracy.” Next up: healthcare, with a White House task force meeting Thursday and with a new nominee for HHS, Gov. Kathleen Sebelius, D-Kan., set to be named Monday. “On matters of health policy, which she will oversee if she is confirmed as President Obama’s secretary of health and human services, Ms. Sebelius’s efforts to forge bipartisan consensus have rarely succeeded,” Kevin Sack reports in The New York Times. “She recently observed that the greatest frustration of her six years in office had been her inability to persuade lawmakers to raise tobacco taxes for a modest expansion of government health coverage.” “He may also name a new director of the White House office on health reform,” Laura Meckler reports in The Wall Street Journal. “The leading contender is Nancy Ann Min DeParle, who served as a top health official in the Clinton administration and now is a managing director at a private-equity firm, CCMP Capital. Former Senate Majority Leader Tom Daschle was to wear both hats before he withdrew amid controversy over his late payment of taxes.” As for the policy: “The ambitious plan comes during the worst economic crisis this country has seen in a generation,” ABC’s David Muir reports. “Health care reform wasn’t achievable in even the best of times. Now, it could be that much harder.” Also on his plate: AIG — and this time, Obama owns the move. The main pieces of the deal, per an official close to it: AIG can draw down $30 billion as needed in exchange for preferred shares, strengthening its capital base. And AIG lowers its debt burden by paying down part of its $60 billion Federal Reserve credit line in exchange for preferred stock in two of AIG’s insurance divisions, estimated to be worth $26 billion, as well as with $8.5 billion in notes backed by securitized life insurance policies. And it’s not going to be the last move. From the Treasury press release: “The additional resources will help stabilize the company, and in doing so help to stabilize the financial system. As significantly, the restructuring components of the government’s assistance begin to separate the major non-core businesses of AIG, as well as strengthen the company’s finances. The long-term solution for the company, its customers, the U.S. taxpayer, and the financial system is the orderly restructuring and refocusing of the firm. This will take time and possibly further government support, if markets do not stabilize and improve.” The talking points, per the official: “The government’s new deal with AIG strengthens the company’s restructuring efforts, which will protect taxpayers from future losses and reduce the risk of further destabilizing the broader economy. . . . With more than 30 million policyholders in the U.S. alone and operations in 140 countries, the failure of AIG poses a systemic risk to the global economy. AIG insures millions of policyholders in the U.S., including households, small businesses, municipalities, 401(k) plans, Fortune 500 companies, teachers, and retirees, among others, who rely on AIG to bear risks that they cannot bear alone. While the government’s investment is significant, the cost to taxpayers would be far greater if the government failed to act.” Bailout fatigue, anyone? “The new deal, the government’s fourth for AIG, represents a nearly complete reversal from the one first laid out in mid-September,” per The Wall Street Journal’s Liam Pleven, Matthew Karnitschnig, and Deborah Solomon. “Back then, federal officials acted as a demanding lender, forcing the insurer to pay a steep interest rate for what was expected to be a short-term loan. Now the government is relaxing loan terms by wiping out interest in hopes of preserving AIG’s value over a longer period.” The dizzying background: “The intervention would be the fourth time that the United States has had to step in to help A.I.G., the giant insurer, avert bankruptcy. The government already owns nearly 80 percent of the insurer’s holding company as a result of the earlier interventions, which included a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to soak up the company’s toxic assets,” Andrew Ross Sorkin and Mary Williams Walsh write in The New York Times. “Federal officials, who worked feverishly over the weekend to complete the restructuring, said they thought they had no choice but to prop up A.I.G., because its business and trading activities are so intricately woven through the world’s banking system,” they write. “But the deal also presents more financial risks to taxpayers at a time when the public and Congress have been sharply questioning the wisdom of risking federal money to bail out private enterprises.” The Los Angeles Times’ Brady Dennis: “The reworked bailout package acknowledges that AIG’s strategy of selling off two-thirds of its assets to pay back the government within two years was not working. In recent months, the market for those assets continued to plummet as the economy worsened, and already-hesitant buyers were facing their own credit problems.” Bloomberg’s Al Hunt adds another issue to Obama’s growing to-do list: immigration. “The agenda is so full that the political circuits may be overloaded. Some argue the urgency is eroding with the deteriorating economy. The number of illegal immigrants entering the U.S. has plunged — down to as few as 300,000 last year, or less than half what it was several years ago — with more leaving now than arriving,” Hunt writes. “Still, the notion that illegal immigration can be finessed is a mirage. The problem will only get worse, and so will the politics.” Then there’s energy policy — another area where the left is skeptical. “Senate Democrats are breaking with President Obama over his plan for sweeping new climate-change laws that he says will rake in billions of dollars to help offset massive budget deficits,” S.A. Miller writes in the Washington Times. “The dissenters, mostly Democrats from Rust Belt states likely to be hit hardest by the proposed environmental rules, question the economic impact of the program that would cap carbon-dioxide emissions and then sell to businesses the right to emit that carbon dioxide.” On spending — there’s still an omnibus, plus the budget. “President Obama this weekend declared himself ready to fight for his agenda. This week, it will be clearer just how tough the battle could be,” The Hill’s Jim Snyder writes. Buzzwords you can count on: “I think it’s terrifying in the policy implications as well as mind-boggling in the numbers,” Sen. Jon Kyl, R-Ariz., said on “Fox News Sunday.” No doubts any longer about the GOP messaging: “Addressing Congress last week, the president said he is strengthening government ‘not because I believe in bigger government — I don’t.’ Chant it, everybody: Yes you do,” George Will writes in his Newsweek column. On the omnibus — avoiding one battle, while fueling one very big GOP talking point. ABC’s George Stephanopoulos: “During our exclusive interview today on ‘This Week’ President Obama’s chief number cruncher, Office of Management and Budget Director Peter Orszag, said the president will sign the 2009 omnibus spending bill, despite his campaign pledge to reduce earmarks.” Said Orszag: “This is last year’s business. We want to just move on. Let’s get this bill done, get it into law and move forward.” A New York Times headline that Robert Gibbs is wincing at: “White House Defends Approval of Pet Projects.” Then there’s provocations: White House Chief of Staff Rahm Emanuel called Rush Limbaugh “the voice and the intellectual force and energy behind the Republican Party.” “Our goal, Bob, is to continue to reach out and it’s our desire that the Republicans would work with us and try to be constructive, rather than adopt the philosophy of somebody like Rush Limbaugh,” Emanuel said on CBS. Rep. Eric Cantor, R-Va., doesn’t like the marching orders from El Rushbo: “I don’t think anyone wants anything to fail right now. We have such challenges. What we need to do is we need to put forth solutions to the problems that real families are facing today,” Cantor said on ABC’s “This Week.” More staffing issues: “President Barack Obama’s economic advisers are increasingly concerned about the U.S. Senate’s delay in confirming the nominations of Austan Goolsbee and Cecilia Rouse to the White House Council of Economic Advisers,” Bloomberg’s Hans Nichols and Lizzie O’Leary report. “Without Senate confirmation, the two economists are barred from advising the president as the administration tackles the worst financial crisis in 70 years and tries to advance the spending plan Obama submitted to Congress last week.” Happy birthday, Kevin Madden: It’s a Romney three-peat at CPAC. “With 20 percent of the vote, Romney finished ahead of Louisiana Gov. Bobby Jindal, who received 14 percent, as well as Alaska Gov. Sarah Palin and Rep. Ron Paul, R-Texas, who each had 13 percent,” per ABC’s Teddy Davis. (Yes, that’s Palin tying Ron Paul.) One of these years, this sentence might matter quite a bit: “If the Republican Party’s conservative wing had the power to choose presidential nominees, former Massachusetts Gov. Mitt Romney would be the hands-down choice,” CQ’s Rachel Kapochunas writes. One who wasn’t at CPAC . . . “That could be in part because Utah Gov. Jon Huntsman Jr. risked getting booed off the stage for some of his views,” Politico’s Jonathan Martin writes. “Largely under the radar of the national media and even out of sight of many in his own party, Huntsman, 48, is emerging as an articulate, unapologetic and unlikely spokesman for a new brand of Republicanism, one that seems out of vogue at a time when many in the GOP attribute their fall from power to a deviation from right-wing orthodoxy.” Said Huntsman: “We need to pull up the stakes of the tent and draw them out a little bit.” More on the audacity of informality . . . The right to bare arms. First Lady Michelle Obama is wearing a sleeveless dress in her official portrait, per ABC’s Sunlen Miller. Jackie Kennedy did it too, ABC’s Kate Snow reported on “Good Morning America.” “And hey, her friends say — she’s proud of those arms,” Snow said. “Maybe Americans just aren’t used to having a first lady under 50 — who joins her husband in the gym. For the younger set, those arms aren’t anything to hide — they’re an inspiration.” The Kicker: “Policy-makers set the laws in a certain way and then the policy-describers — the scribblers, observers and commentators — ignored what the law did and ascribed the problems of the locals to the federal government.” — Karl Rove, now a scribbler/observer/commentator, defending the federal response to Hurricane Katrina, in the “This Week” “Green Room” segment. “He didn’t go out of his way to make sure that everybody spoke if they hadn’t spoken up before.” — Defense Secretary Robert Gates, on working under President Bush, as compared to President Obama. Bookmark the link below to get The Note’s daily morning analysis:
http://blogs.abcnews.com/thenote/the_note/index.html For up-to-the-minute political updates check out The Note’s blog . . . all day every day:
http://blogs.abcnews.com/thenote/ Follow The Note on Twitter: http://twitter.com/thenote

User Comments

This sounds like Obama is playing Las Vegas. But Obama is the House and he’s placing a lot of losing bets!

Posted by: Faux Foxx | March 2, 2009, 8:25 am 8:25 am

Obama’s like an inexperienced runner who darts out at the start only to find later in the race that he hasn’t paced himself. He will and is failing … miserably.

Posted by: Gotterdammerung | March 2, 2009, 8:25 am 8:25 am

……and you thought George did not know what he was doing….where is the hope and promises made? I did not hear anything about guessing or this might work…our up coming generation voted this man in office in their own reflection….knotheads..kids!

Posted by: gatornation1957 | March 2, 2009, 8:29 am 8:29 am

Hey, Might as well, Ordinary citizen has waited long enough and desperate enough to vote him in as the last straw on the camel back !! If it does not work, we might see AK47 on the street, people cannot even afford M16-the Chinese make is cheap and effective…

Posted by: Swiftlearner | March 2, 2009, 8:30 am 8:30 am

You go Mr. President. The voters have obviously rejected the republican platforms. They are removing republicans as fast as the election process will allow. Do it right especially when it comes to healthcare. No more 10 thousand dollar a day ICU’s or 75 thousand dollar prosthetic limbs. Give us a healthcare system that cares more for the patient than the stockholders.

Posted by: rightbehind | March 2, 2009, 8:31 am 8:31 am

Better to get the messy stuff over with at once. Then the standard policy fights post-stimulus/budget/economic crisis will seem tame by comparison.
http://www.political-buzz.com/

Posted by: matt | March 2, 2009, 8:31 am 8:31 am

Huntsman is correct. The republican party if it does survive will have to abandon the neocons. The neocons have brought shame and poverty to this Great Nation. I highly doubt any other nation on the planet would want this bunch especially limblaugh.

Posted by: rightbehind | March 2, 2009, 8:38 am 8:38 am

“Going all in” has its merits as well as a huge risk factor surrounded by many pitfalls just waiting to bury this President in his own legislation.
If the people continue to provide their support the politicians will follow even though there will be much kicking and screaming along the way in a show of “neutered independence”. A desire to get reelected can have that kind of effect for sure.
As the new President who isn’t afraid to think in outlandish terms proceeds down his chosen path, the waves continue to part as he strides toward the point of no return. Will the waves come crashing down on this man’s demonstrated love and embracing of the meaning of the word “audacity”?
I don’t know yet. . . .and neither do you.

Posted by: Chuck | March 2, 2009, 8:44 am 8:44 am

of course he wants to move quick. If anyone looked wisely at all this spending, it would be obvious the dems want us to be socialist. Or more like France.We can not afford all this spending. anyone who knows history knows it wasn’t FDR’S spending, but ww2 which ended the depression

Posted by: pedro | March 2, 2009, 8:44 am 8:44 am

There is a wonderful book I bought yesterday that is a must read it is called The Slobbering Love Affair and Bernard Goldberg wrote it. It has very powerful info that will enlighten you on where this is all going and why. Many things were overlooked and it is starting to rear it’s ugly head. A lite read and very entertaining style of writing.

Posted by: Mags | March 2, 2009, 8:53 am 8:53 am

For all of those that think war creates prosperity your theory is in work now. We have two of them going on. Where’s all that prosperity??

Posted by: rightbehind | March 2, 2009, 8:53 am 8:53 am

Way to go Mr Pres. The Republicans are going to take the House and the Senate after the American people discover the big danger you have become.At the current level there are no checks and balances meaning an all out left wing agenda in progress bringing this country back to the Jimmy Carter days.The future is so bright that I have to wear shades…

Posted by: Frank | March 2, 2009, 8:53 am 8:53 am

Wether it’s an agreement or a disagreement at least someone got busy in Washington, it’s about time too, the Sleeper years are behind us and if He wants to take it all on then you got my blessing I just don’t like seeing the Guy Targeted because the Mess was extensive. It’s way to easy to Judge a Person we all do it at one time or another even if McCain was in Office People would Judge him some would be unfair, but at least someone had the decency to get everybody off the Keysters and got them to work together and people need to at least see that a positive, the spending well there’s another story, I am not a fan of Bank Bailers but at least Someone had the Decency to Ask for the Resignations of these Bank Fraudsters I was so pleased to hear that, this is a good step in the right Direction as far as getting some new people to run things in the Financial Sectors, I hope some of what President Obama is doing works well for him and serves us well, it is at least nice to know we haven’t fallen on deaf ears and I don’t care how You voted but I see some Improvements, they are significant and I feel things will turn around soon.

Posted by: David | March 2, 2009, 8:55 am 8:55 am

All at once or going about his work like a child with A.D.D. running from one toy to the next always leaving a mess behind.

Posted by: david | March 2, 2009, 8:56 am 8:56 am

This President inherited a mess.

Posted by: rightbehind | March 2, 2009, 8:57 am 8:57 am

Gees, it looks like this could be the end for him. He owns 80% of this company now……plus he needs more….say 100%?……if he needs more after 100%(ie actual bankruptcy)then I guess it was not 100%….so how will he play the numbers this time….he has between 80-100% left of this company to buy……but the trend is toward his bankruptcy it just the timing….I say very soon.

Posted by: Herbert Wetherby | March 2, 2009, 8:58 am 8:58 am

Let’s put the big government and socialism accusations aside for a second and concentrate on Obama’s 10 year plan that does nothing for sure except strap us into an even larger debt. Yes, Bush’s fiscal stewardship was just aweful, but we are now entering an era of extreme fiscal negligence. Obama has effectively doubled Bush’s deficit for this past fiscal year and is going to decline it to half that amount [an aweful lot of money] in four years. But if you look at his budget, the deficits don’t get any smaller. At least the deficit started to decline between 2004 and 2007. There is no such hope now. Then there is also the issue of the GDP growth rates Obama is using — upwards of 5-6% in some cases. This may be too high for a large country like ours even in boom times. Furthermore, it is the government that is growing, not the private sector – the generator of tax revenue!
How on earth are we going to pay for all of this and is it going to take China to stop buying our treasury bonds for us to wake up? I wouldn’t invest in 30 treasuries right now, there is only one way the interest rates can go because of the risky behavior of our government under Obama. We are in for a real “day of reckoning” – and it will be much worse than what we have now if Obama follows through with irresponsible spending. We will all be like California in their unfortuante mess…

Posted by: Joe C | March 2, 2009, 8:58 am 8:58 am

And i am refering to AIG

Posted by: Herbert Wetherby | March 2, 2009, 8:59 am 8:59 am

Even the respected Economist magazine has now concluded Obama’s plan is a disaster. It is time to take back the Congress and shut him down before he does more damage.

Posted by: brian | March 2, 2009, 9:07 am 9:07 am

All at once or going about his work like a child with A.D.D. running from one toy to the next always leaving a mess behind.
****************************************************
Not to worry, those ADD problems are back in Texas along with the alcoholism.

Posted by: kat the real one | March 2, 2009, 9:11 am 9:11 am

“The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth becomes the greatest enemy of the State.”– Dr. Joseph M. Goebbels

Posted by: h5mind | March 2, 2009, 9:12 am 9:12 am

FIRST LETS ADDRESS ALL THIS TALK AND RHETORIC ABOUT OBAMA IN ALL REALITY HIM BEING BLACK ALONG WITH BEING THE PRESIDENT OF THE UNITED STATES PEOPLE HAVE YET GOTTEN PAST THEIR RACISM THINK ABOUT IT LIKE ALL OTHER PRESIDENTS HE HAVE TO DO AND UNDO THE LAST PRESIDENT BULLSH-T I TRULY I BLAME THE IGNORANCE OF PAST GENERATIONS WHO FOR WHATEVER REASON CONTINUE TO PROBAGATE HATE THE MEDIA ALSO HAS AN IMPACT ON THIS ISSUE

Posted by: TYRONE STWEART | March 2, 2009, 9:12 am 9:12 am

Does war create prosperity?
The answer is yes. In the 1930s a study called the Nye Commission was created and it was found out that during WW1, the rich got richer but that was just about it. However, WW2 was the true no-strings attached prosperity in America. Women, Minorities and Men were put back to work coming out of the Great Depression. If you can take huge amounts of people and put them to work building ships and bullets, you have people with JOBS!
The wars we have today are not profitable for the American people because there is no real need for literally millions of people to be working in factories to build up the nation’s military force.

Posted by: Leigh | March 2, 2009, 9:14 am 9:14 am

Swiftlearner- and you really think that socilaized medicine is going to be sooooo much better??? – I think you will be unpleasantly surprised.

Posted by: mj | March 2, 2009, 9:15 am 9:15 am

The reality of the situation is if you are on someone’s payroll – it makes delivering your plans difficult if not impossible.
I agree with the President on bringing everything he has on his agenda to the table but what I do not agree with is moving the process along at high speed.
Human behaviour is such that if you don’t let people know the stuff you are made off they soon distract one from focusing on one’s core objective.
If I can make any positive contribution, it will be to pilot the plan(s)in some key states and then roll it out. I am in support of the transparency and the opportunity to monitor it on the web-site.
I am an independent but one thing the current President has shown me is the difference between a career politician and a politician.
I hope most of his proposals works and that he finds more forward thinking politicians to come on board.
People don’t like change but in the current climate it is required. We have too many businesses failing and people out of jobs at an alarming rate. I think we all should go back to basic honesty in all our dealings and when we stumble to own up and not lie to cover it up.

Posted by: Pammy | March 2, 2009, 9:17 am 9:17 am

Adding onto my last comment money is needed to fix things. If you are going to ignore so many things for so long that the money isn’t working anymore you need to put more in to fix those problems.
Example:
A machine starts showing signs of malfunction but you let it go. Two months later, that machine is broken. If you don’t spend the money to fix it, it’s just not functional!

Posted by: Leigh | March 2, 2009, 9:17 am 9:17 am

Posted by: Frank | March 2, 2009, 9:17 am 9:17 am

Again another fact about the Great Depression.
FDR believed that you needed to spend to fix problems but by the time he got into office (1932) Hoover had effectively messed everything up by “letting the market work itself out” which didn’t seem to help. FDR was a bit to cautious and didn’t spend enough money and early enough into the problem. Spending causes debt but if you don’t spend, then prepare yourself for a long DEPRESSION.

Posted by: Leigh | March 2, 2009, 9:19 am 9:19 am

“Swiftlearner- and you really think that socilaized medicine is going to be sooooo much better??? – I think you will be unpleasantly surprised. ”
oops -sorry swiftlearner – address this to rightbehind.

Posted by: mj | March 2, 2009, 9:20 am 9:20 am

“I’m worry , this one does cocaine. Let’s bring the other one back will ya ?”
Are you insane? Denial? Delusional? Look around you.

Posted by: silky | March 2, 2009, 9:24 am 9:24 am

And there’s a difference between “does” cocaine and “has done” cocaine. Big difference.

Posted by: silky | March 2, 2009, 9:26 am 9:26 am

Contrary to the popular myth, Herbert Hoover did not practice laissez-faire capitalism and did not let the market “just work things out”. What do you call the tax increases, the Smoot-Hawley Tariff, the public works projects? Hoover made the depression worse through policy actions that were beyond the market. Roosevelt helped the economy by stabilizing the financial system, introducing depository insurance, and calming everyone’s fears. Things like the National Industrial Recovery Act were disasters, were declared unconstitutional, cartelized industry, and probably worked to lengthen the depression. Read up on what Hoover did before saying he believed in the market. It’s a lot like Bush – though he had a lot of market rhetoric, federal power has expanded in the last eight years as has federal spending. Neither have done a good job in helping ordinary Americans — and neither will Obama’s government expansion. The only guarantee of Obama’s imprudent moves is debt.

Posted by: Joe C. | March 2, 2009, 9:27 am 9:27 am

NOW..everybody is an expert as to what should be done to clean up the Cheney mess…..WHERE WERE YOU FOR THE LAST EIGHT YEARS????? Lindbaugh Palin 2012

Posted by: BSKI | March 2, 2009, 9:30 am 9:30 am

It seems the speed is an attempt to get as many Americans as possible under the care of the Nanny State. Along with redistricting, it is “transparent” that the gamble is those that are encouraged to be mediocre as wards of the state will always vote for those that require no more effort that standing in line for a handout.
“Sky High” popularity? At 60%?

Posted by: Mia | March 2, 2009, 9:30 am 9:30 am

Gamble is the word. If the gamble succeeds Obama will be considered as the greatest President since FDR if it fails he will be competing with George W Bush for being one of the worst. I hope he is getting good dvice or else there is a lot at stake.

Posted by: gjkotw01 | March 2, 2009, 9:31 am 9:31 am

Tyrone–we’re on to content, not packaging.

Posted by: CmonNow | March 2, 2009, 9:34 am 9:34 am

Posted by: brian | Mar 2, 2009 9:07:13 AM
You said; “Even the respected Economist magazine has now concluded Obama’s plan is a disaster. It is time to take back the Congress and shut him down before he does more damage.”
_________________________
Weren’t they (the Economist magazine) the unofficial economic advisors to the ‘last administration?’
It’s apparent by the “Republican Hate Conference” this past week, “paralyzed minds” are incapable of comprehending highly intelligent planning to confront a multitude of very complex issues, some with global implications. They (the Republicans) would ‘best serve’ the interests of our country by abandoning the “Hate” and sharing in “the future Hope of Our Great Nation!”

Posted by: bobj72 | March 2, 2009, 9:36 am 9:36 am

Sure,criticize the guy who actually makes good on his campaign promises to do important and necessary things, without waiting months or years to start. Our political leadership should have effectively addressed these things years ago, but always found something “better” to do with their time or were too overwhelmed by the tasks before them to even make a start. Go President Obama, you just keep it up!

Posted by: iamwomaninmi | March 2, 2009, 9:39 am 9:39 am

Actually bobj72, the Economist is a pretty middle-of-the-road publication that ENDORSED OBAMA back in October. Furthermore, hate has nothing to do with my desire for Obama to slow things down — I am tired of President’s constantly increasing our debt. Obama is now going to accelerate the increase in our debt. I’d be irresponsible not to oppose this foolish, unwise, and imprudent policy. At least he pays lip service to reducing the deficit — but so did Bush!

Posted by: Joe C. | March 2, 2009, 9:44 am 9:44 am

When you consider the effects of Obamanomics on the overall economy during this recession, ones that will be felt for many years to come, the only conclusion that can be drawn is that this is a deliberate attempt to destroy the US economy for political purposes.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 9:54 am 9:54 am

Many of you fail to recognize that this reformation was due to happen sooner or later. The housing market (I’m sure it’s obvious by now) was not being regulated, but those are HARDLY the only problems we were facing. There is a brewing climate crises, a brewing entitlment crises, a health care crises, and the issue of dealing with a growth economy in a world that is getting too populated to support itself. “day of reckoning” is an understatemant. I’m glad Obama is in there with the guts our country needed to start actually takling these issues.

Posted by: Scotti | March 2, 2009, 9:58 am 9:58 am

Posted by: Joe C. | Mar 2, 2009 9:44:44 AM
You say; “Actually bobj72, the Economist is a pretty middle-of-the-road publication that ENDORSED OBAMA back in October.”
_________________________
Thanks for the education! My point is; “the best and the brightest” on both sides of issues (especially major ones) should understand; “Group Problem Solving is ‘most effective’ when approached by a ‘Diverse Group.’ Recent studies indicate Diversity of Group strategies “Trump” “single sided thought.”

Posted by: bobj72 | March 2, 2009, 10:02 am 10:02 am

When will he begin to look at what his policies are doing to the stock market? Every time this man sets up a new policy, the market tanks another 100-200 points! My children are in college now and I can’t touch the money that we had saved for them because it is lower than when we put the money in our investments over fifteen years ago. These investments were considered not to be risky but I don’t even think Obama is looking at the market.
My parents have their retirement plan in the stock market and they use the interest from their investments on their monthly medical costs. That investment is being depleted on a daily basis.
Obama needs to pay more attention to the middle class families who are losing money on a DAILY basis because of way he is doing “business” in this country.

Posted by: mccollegemom | March 2, 2009, 10:03 am 10:03 am

I would have thought that Karl Rove would be hiding instead of talking over everyone… calling attention to… felon-to-be

Posted by: MrSleepy | March 2, 2009, 10:08 am 10:08 am

gjkotw01, if you think about it Obama has nothing to lose with his approach that is scaring the hell out of some on this board. He arrived at the “top of the mountain” in Jauuary. By going “all in” as he is doing he either wins greatly or falls into the abyss as opposed to Bush’s steady march over the edge while taking eight years to get there. My point is that Obama is going to win all of the marbles during his first term and he knows it and isn’t worrying the least bit about a second term. If he is right he is guaranteed reelection and if he is wrong he has already “been there, done that” at the top of the mountain. On the other hand, if his gamble is successful he will have the people talking about removing the two term limits. Despite the negative comments, so far he is on a roll with public support and politicians who fail to support his programs are headed for defeat. This can change quickly, of course, however I do not believe Obama is sweating about all of this just yet. Personally, I do not support bailing out Companies that have been mismanaged into a disaster. Normally I would say let them fail. However this situation is unique in that things are happening collectively and compounding the situation by forcing more people into unemployment while the companies go under REALLY puts us in a hole that is usually called “Depression” and this could be a greater risk than the one Obama is taking.

Posted by: Chuck | March 2, 2009, 10:10 am 10:10 am

What exactly does Obama gain by intentionally wrecking the economy? An easier path to socialism? Can’t think of any other reason.

Posted by: Cool Moe Dee | March 2, 2009, 10:12 am 10:12 am

YEAH THAT IS RIGHT!! YOU GO MR. PRESIDENT. BANKRUPT AMERICA AND DESTROY AMERICA WITH ALL OF YOUR BAILOUTS. GO AHEAD AND DESTROY AMERICA. THAT IS YOUR PLAN ANY WAY. SO WHY NOT JUST GO FOR 400 TRILLION AND JUST GET IT OVER WITH?

Posted by: jewels | March 2, 2009, 10:15 am 10:15 am

Obama is putting his left-wing marxist wish list before our country and what is truly best for all of us. I have lost whatever confidence that I once had in this Administration as they become even a worse nightmare than I ever dreamed. I have young kids who will be broke because of this fraud.

Posted by: JO | March 2, 2009, 10:17 am 10:17 am

Does the administratin have any clue what they are doing or is their solution to all problems simply a liberal application of more of my tax money? Last fall, I could not have realistically imagined how truly horrific the sum of these policies would be. We will be living with the effects of this President and his Congress’ policies for many decades to come. There are many causes over many years for the current problems but the after effects of the solutions will come down to this administration for better or worse.

Posted by: bct | March 2, 2009, 10:20 am 10:20 am

I like Obama and I like the way he is challenging the entrenched fat cats who still want it their way when their way obvious doesn’t work and help caused this disaster. Will it work – I do not know, but i like where he is going nevertheless. New guy onthe block offers new solutions and the old fat cats are to entrenched to help – so go ahed and challenge them. I am on Obama’s side all the way!!!!!!!!!!

Posted by: eyeonyou | March 2, 2009, 10:27 am 10:27 am

Right-behind:
Your posts look like a bumper sticker laden microbus. During the campaign I thought to myself, this guy is making so many promises that he’ll either have to break them or he’ll manage to bankrupt the country in the process of fulfilling them.
Well guess what, he’s doing both – breaking his promises of ‘no earmark’ spending bills and he’s bankrupting this country that I love.
Liberals need to start putting America first instead of their twisted ideologies.

Posted by: America First | March 2, 2009, 10:28 am 10:28 am

I like Obama’s strategy about challenging all the entrenched fat cats who obstruct any change. I do not know if Obama’s strategy will work, but the strategy of the fat cats sure as heck doesn’t work and I think we need to all stand up to the entrenched fat cats. I am behind Obama on this fight all the way!!!

Posted by: eyeonyou | March 2, 2009, 10:31 am 10:31 am

Some of you right-wing lemmings are hilarious. We finally have a president who is trying to accomplish something and help the average American citizen.
The stimulus and Econ recovery plans would not have been necessary if we had a competent president and congress from 2000 to 2008!!! All of a sudden Republicans get religion about excess spending when they sent spending bill after spending bill for Bush to sign and doubled the deficit.
Most Republican senators and reps are completely out of touch with the problems of the average American. Keep complaining and whining and obstructing and watch Obama clean their clocks and even more of a Democrat majority in congress and house in 2010 and 2012!!

Posted by: rodney | March 2, 2009, 10:31 am 10:31 am

Not ONLY this discussion board, but Our Country would be “best served” by “civil and reasoned discourse.” Not the ‘usual radical, ridiculous and trite blathering!’

Posted by: bobj72 | March 2, 2009, 10:32 am 10:32 am

Obama’s war on prosperity! He created this mess to bring us to our knees so he can envoke is socialist party. His plan will bankrupt America and make us belive government is the only way. Well it’s not!

Posted by: jim3857 | March 2, 2009, 10:36 am 10:36 am

The president is not getting it. IF they would just shut the hell up, and do nothing. The economy will improve on its own. This tinkering is destroying it. Th market will bottom at about 3500 in about 12 months. Where if they did nothing it would have bottomed at 9000. This tinkering will cause a 16% unemployment rate. Watch and see.

Posted by: Heavenislikethis | March 2, 2009, 10:37 am 10:37 am

Our country is in a very dangerous situation. We had eight years of fiscal excess that neither party put a stop to. And now, we have a party that is attempting to push the Administration back to long-abandoned fiscal sanity – but it has a credibility problem because of its own spending. The danger right now is that the Liberals will undercut the Republicans’ new-found affinity for fiscal discipline citing the Bush years and USE IT AS AN EXCUSE FOR THEIR OWN FISCALLY IRRESPONSIBLE BEHAVIOR. I’m beginning to think that the only thing that will force this country to wise up and spend wisely is if our bond rating was reduced and/or the Chinese decided to stop. You have to wonder, what are the Chinese getting in return — the investment in a 30yr treasury would be unwise today because the value of the bonds issued at the low yields of today will be worth less and less as time goes on.

Posted by: Joe C | March 2, 2009, 10:40 am 10:40 am

“The economy will improve on its own.”
Uh…yeah, right. As for the market…whatever. It’s skittish. It’ll be back.

Posted by: silky | March 2, 2009, 10:41 am 10:41 am

“Chicken Little’s” ALARM doesn’t seem to be working! We SHOULD be Proud of the over-arching maturity of the overwhelming majority of the American People!!!

Posted by: bobj72 | March 2, 2009, 10:44 am 10:44 am

It’s hyperbolic to call Obama’s approach a gamble on an “all-at-once” strategy. A more accurate assessment is that, after eight long years without one, we finally have a President who can walk and chew gum.

Posted by: ElodieStClair | March 2, 2009, 10:45 am 10:45 am

Posted by: rodney | Mar 2, 2009 10:31:40 AM
What you have witnessed during the last 8 years was Keynesian economic theory, for those that think it was Reaganomics or trickle down you are misguided and have fallen for political rhetoric. Trying to borrow and spend your way to prosperity has failed and Obama is just continuing down that path on a much larger scale.
So it is just laughable to say that Bush was a failure and then advocate more of the same.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 10:47 am 10:47 am

Well Lets see If we had a REAL PRESIDENT For the Last 8 Years! someone who Actually Knew what they were Doing, and Someone who Didnt Just care about Iraq and Someone who Didnt Deregulate Everything, We May not be in this Mess! But you all Put the Idiot in there For 8 years outta of Fear, Now stop Hating on Obama Republicans Because He is TRYING To Clean up that Idiots Mess!

Posted by: Angie in PA | March 2, 2009, 10:49 am 10:49 am

No More Mr Nice Guy
You see President Obama Is not Borrowing From China and Spending Thats a Republican Way Borrow and Spend President Obama is Getting Rid of Bushes Unneccesary Spending He did for 8 years Like the War In Iraq No bid Contracts

Posted by: Angie in PA | March 2, 2009, 10:52 am 10:52 am

How much is too much? About $780 billion. To give perspective, one trillion dollars in one dollar bills would weigh as much as 103 Nemitz class aircraft carriers. When will the crazy spending end?

Posted by: mmonroeliveson | March 2, 2009, 10:54 am 10:54 am

Difference in Presidents Spending
BUSH-Spending Iraq,Big Oil,Wall St
OBAMA-Spending in USA Jobs,Healthcare,Education,Infrastructure.There is A difference In Spending to Rebuild Iraq, or Rebuild America. Which do you Choose? Well I choose My country!
There is A Difference In spending to Fatten Wealthy Wall St ceos Bank accounts, Or Create Jobs for American People. what do you choose I choose Creating Jobs for American People!

Posted by: Angie in PA | March 2, 2009, 10:57 am 10:57 am

You Obamanites are so funny! You actually think this economic and housing crisis wouldn’t have happend if Obama was in office over the past 8 years? This Ball was set in motion 10-12 years ago during the last Dem in office. And you guys stick to your guns about Obama and how “CHANGE” is going to happen, well if im not mistaken isn’t he about to sign a bill full of pork and earmarks..I do belive over 7 billion worth. hmmm seems like a bunch of the “SAME” to me and adding to that a violation of his promises he made during his campaign… But its okay Ill just sit back and watch the Obama show in action and laugh at you while you defend his lies…frign’ histarical.

Posted by: EC05 | March 2, 2009, 10:58 am 10:58 am

The Chinese are not going to finance Obama’s plans for too long — and I wouldn’t either if I were them.

Posted by: Joe C | March 2, 2009, 11:01 am 11:01 am

The stock market is crashing and Obama is gambling. Sounds like a good plan.

Posted by: not happy | March 2, 2009, 11:03 am 11:03 am

again – obama speaks – dow drops hundreds of points. it’ s good strategy to buy short when you know obama is about to speak.

Posted by: criminysakes | March 2, 2009, 11:04 am 11:04 am

As if this strategy is any different from other Presidents. Clinton did the same thing his first term, and Bush tried to do it both his first and second term (although thankfully social security did not get privatized like he was aiming for). The only real difference is that Obama has a slighly more ambitious agenda and is dealing with a larger crisis than them. We have an oppurtunity to get America involved in leading the green industry, and there is alot of money and jobs to be had there in done correctly. Obama’s other objective is to actually catch the US up to the healthcare levels that other countries enjoy, something we have been lagging further and further behind in for years. The US is great at surgeries and big money treatments, but is horrible at prevetative care that is really more beneficial in the long term.

Posted by: Ordermonger | March 2, 2009, 11:04 am 11:04 am

Obama’s actions are a response to the fact the economy tanked under Republican rule. Turns out, cutting taxes and waging two wars at once leads to a huge defecit. Who knew? Turns out the financial industry does not regulate itself, and nefarious characters will take advantage of governments hands-off philosohy to perpetrate fraud and concoct reckless schemes. Gosh. Now Obama is trying to provide universal healthcare (oh, the horror), reversing the Bush tax cuts, and make corporations responsible for polluting our environment. Good thing oil companies had historic levels of profit in the last few years, ’cause now they are going to have invest in wind and solar development. Gee whiz. I hate that meanie Obama.

Posted by: Amy | March 2, 2009, 11:05 am 11:05 am

I am 100% behind President Obama – all the partisan Republican whiners and naysayers need to shut up and take responsibility for the mess that they caused when they were in power. You clowns had your shot and you blew it big time – you proved to everyone that your party is not qualified to govern and that your ideology is a failure. Sit down, shut up and get out of the way – your whining and cavailing just makes you look like a bunch of pathetic babies.
Go Obama!

Posted by: Vox Populi | March 2, 2009, 11:08 am 11:08 am

Some of you right-wing lemmings are hilarious. ??? You left wing Koolaid drinkers are in LA LA land.
The DOW is below 7000 the economy is NOT FIXED because the STIMULUS doesn’t work and consumer confidence is in the tank.
And ALL Obama can talk about is SPENDING MORE when he hasnt fixed JACK. Obama supporters better head to the roof tops and wait for the mother ship to pick you up. ON EARTH when companies keep folding because of a downward spiraling DOW people loose their jobs and we ALL get poorer.
SO wake up. This President is a disaster.

Posted by: ChicagBob | March 2, 2009, 11:08 am 11:08 am

We have just elected rev wright.
Everyone needs to realize that barry has absolutely NO intentions of saving our economy. His primary objective is to institute his far-left, socialist agenda. He is using this economic downturn, which he is LARGELY responsible for, to pass through legislation that would normally never have been passed.
Ever since may, when barry pulled ahead of hillary in the primaries, the stock market has been visibly reacting negatively. The DOW has marked its most significant losses post election in its history on Nov 5th, inauguration day, ect.
Wake up America, this man is doing exactly what he has planned to do since day 1. Eliminate the rich (while ironically becoming rich himself) and completely changing the landscape of America by making everything “fair”.
He is an anti-American socialist that got elected by the traitorous behavior of the nutty liberal media.

Posted by: Dave | March 2, 2009, 11:09 am 11:09 am

Just as the government has enslaved the inner cities for the last 40 years, all the while promising relief from poverty, the government now seeks to enslave labor unions, banks, and other formerly private corporations. Whereas we once had a poor socialist segment of society and another capitalist proserous sector, we are now moving toward an overall poor socialist society. Considering the amount of money the government is spending you’d think the goal would be to make the entire society capitalist and prosperous.

Posted by: mmonroeliveson | March 2, 2009, 11:09 am 11:09 am

Angie in PA >> blinders on and nothing but its their fault. Well the dems have control and SPENT a trillion in debt what is fixed? What? You need to stop for a second and see its NOT always them. Its the democrats as well. And they are tanking this countries economic engine.

Posted by: ChicagBob | March 2, 2009, 11:10 am 11:10 am

Obama is smart and capable and he is going to get things done. I like having a competent, bold and aggressive leader in office who is willing to take on big problems without pussyfooting around. Bush tried to do the same thing, but Bush wasn’t up to the job because he’s, quite frankly, a stupid little incompetent of a man who wasn’t qualified to run an ice cream parlor, let alone a superpower. Obama, on the other hand, is the real deal – and his critics are looking increasingly pathetic, frustrated and stupid.

Posted by: Pat Williams | March 2, 2009, 11:11 am 11:11 am

Well the DOW is down again. Obama must be giving a speech somewhere. His doom and gloom pronouncements and dragging his feet on a bank plan is making things worse. He’s out to bankrupt the banks, health care companies, the electric industry, oil companies and anything that seems to make a profit. The people who elected him need to take a look at the their 401k/IRA balances and see the reality of electing him. His party, a major playing in causing the subprime crisis is now charged with fixing it. But the Dems have no creative ideas except to throw money at the problem while blaming the evil bankers. Personal responsibility is out the window and the plan is to bailout homeowners which as been found to be less than 50% effective after 6 months. The bailout and budget are full of earmarks and lobbyists are salivating at all the money while I’m sure loading up the Democrat campaign coffers. Murtha,Dodd, Frank, Rangel all under ethic investigation love it as does Pelosi and Reid who protect the corrupt of their party.

Posted by: jschmidt | March 2, 2009, 11:12 am 11:12 am

We Have Been Behind And Neglected for 8 Long years, It is time For Action! And that is what our President is Doing. We Have to do Something but some Refuse to Jump on the Forward Rebuild America Express! The time Has come to CHANGE The way we do things!

Posted by: Angie in PA | March 2, 2009, 11:12 am 11:12 am

Posted by: Angie in PA
You are mistaken, Obama is continuing in Iraq and tripling the spending in Afghanistan. He has effectively strangled investment. He has crippled the banks ability to lend because he is making their stocks worthless. His energy plan will cause energy prices to skyrocket including yours which will double because not only will you pay more but the costs that companies pay will be passed on to you, doubling its effect on you. This also applies to the taxes that Obama is imposing on the so called rich, small businesses that hire the majority in this country. Your us and them mentality is juvenile.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 11:12 am 11:12 am

ChicagBob – um, the ink is barely dry on the budget. It’s a little early to start blaming the Democrats and whining that “nothing is fixed” yet. You need to have a little patience and faith. You partisan Republicans have to stop rooting against our recovery and get with the program.

Posted by: Sandra | March 2, 2009, 11:14 am 11:14 am

The Dow is Not Down because Of Obama The Dow is Down Because of Housing,Unemployment. Until we Fix these Problems the Dow will Continue to Sink Now stop with the Childish Blaming Obama for the Dow Republicans.

Posted by: Angie in PA | March 2, 2009, 11:15 am 11:15 am

rightbehind:
hey dummy, do you have a retirement account (or more relevant, do your parents or grandparents?) obamas maneuvers are ensuring that their retirement will definitely not be comprised by the “golden years”. Oh, btw, obama campaigned on “carefully accounting where each and every dollar goes”, not wasting it on tattoo removal and honeybee farms. Many economists think we are on the brink because obama has already spent more in 40 days than the market is worth. Brilliance!

Posted by: Hawk | March 2, 2009, 11:16 am 11:16 am

Another thing, Obama is certainly borrowing money from China unless he plans on printing 4 trillion dollars of monopoly money.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 11:16 am 11:16 am

Pat Williams, Really who got better grades Kerry or Bush? If Obama is so bright why does the consumer have no confidence? Why does the DOW tank more and more after HE PASSED a trillion dollar spending package?
>>> frustrated ??? >>>> Yeah I dont see business picking up and I see the economy continue to tank. So yeah I am frustrated with Obama’s failed performance.
HE SPENT a TRILLION and what good was it? HE WANTS to spend more and the economy is DIEING. We are headed for market 6000. DO you know what businesses do when they loose that much capitol? They lay people off because they have to. They shrink their earnings projections. They hold back in any investments they had planed.
Pat wake up Obamas Grade? “F”
Carter was smart too and we had 17% interest on home loans and 12% unemployment. It was a DISASTER!

Posted by: ChicagBob | March 2, 2009, 11:18 am 11:18 am

So far the only excuses for this massive spending that the Democrats in control have issued are 1)It’s long overdue 2)Eight long years of Bush 3)The American people elected us therefore we can do whatever we want to do. Question: Do these things justify unprecedented deficit spending during a recession?

Posted by: mmonroeliveson | March 2, 2009, 11:18 am 11:18 am

Thats the Problem with you Republican Haters The mess we are in is BAD, Its going to Take TIME, 30 Days is Hardly Enough Time. do any of you Realize How Complicated It is? NO Because you Had a President For 8 Years who Kept you in the Dark and Filled you with BS That everything was Fine.

Posted by: Angie in PA | March 2, 2009, 11:18 am 11:18 am

During World War II, our debt got up to around 120% of GDP — but Americans and our allies continued to buy because of the need to defeat the Axis powers. We gave the world victory, peace, and prosperity – purchasing our bonds was a very worthwhile cause. We gave the world a return on its investment in liberty in addition to a financial return. This debt Obama is pushing on us is not the same. It will diminish liberty here as well as diminish the growth of our economy. Unlike in World War II, I would say that foreigners who are buying our bonds through this program of social engineering are making a very foolish investment. I don’t hold treasuries because I believe their yield is too low for their riskiness. With Obama doubling Bush’s deficit and getting us to surplus no less than a decade away, you see a country that is spendthrift and out of control. Obama is setting us up for the real day of reckoning — the day when taxes will go through the roof and spending will be catestrophically decreased because nobody will want to fund the piggish spending of the liberals. We are going to become a national version of California if Obama does not wise up and stop listening to Pelosi.

Posted by: Joe C. | March 2, 2009, 11:18 am 11:18 am

NoMoreMr.NiceGuy
You are 100% correct. Have you ever heard the interview barry did in san francisco when he said, and I quote, “under my administration energy prices will skyrocket”?
The media ignored it and we are ALL going to suffer because of their corrupt practices.
Barry and his angry wife hate everything about this country. When michelle said twice “I have never been proud of my country”, she obviously meant it!
People who took their children to hear rev racist speak for years are now leading the free world.

Posted by: Dave | March 2, 2009, 11:21 am 11:21 am

ChicagBob – It’s a little early to start blaming the Democrats . >>>> NO ITS NOT. YOU SEE ANYONE having faith that things are going to get BETTER? THIS IS ALL ON YOU the DEMOCRATIC PARTY of SOUP KITCHEN AMERICA.. YOU ARE GETTING YOUR WISH. You decided that it was a good politics to pit poor against rich and you won. NOW you will have nothing buy poor as the economy plumets. YOU DONT THINK THIS IS IMPORTANT enough to STOP campaigning for more spending of money we dont have? THIS IS PROOF that the junk you rammed through is just that JUNK.
The markets have no faith the people have no faith and IF I ever see a democrat speaking again I am going to protest myself.

Posted by: ChicagBob | March 2, 2009, 11:22 am 11:22 am

NoMoreMr.NiceGuy – LOL nice try, dude, but you need to stop blaming Obama for Bush’s mess. Nobody is buying your crap.

Posted by: Truth Squad | March 2, 2009, 11:23 am 11:23 am

For what Obama has done in his first 40 days he might as well have went around to every business in the country and locked the doors, he also might as well have went around and robbed your house and your kids piggy bank. That’s how bad it is. Someone had a good suggestion, anyone with an Obama sticker loses their job first.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 11:24 am 11:24 am

Consumers Dont have Confidence Right now Because they are Worried about their Jobs! So they are Hanging on to their Money, This Reccesion Started Well over a year Ago. Maybe if Bush and the Republicans, and DEMOCRATS Addressed It. things Might not be that Bad! but No we were Told Everything will be Fine Bush said Wall St got Drunk, And were Having a Little Bump in the Road will Be ok. Phil Graham Said we are in a Mental Recession Faliure to ACT when Needed This is the Results!

Posted by: Angie in PA | March 2, 2009, 11:24 am 11:24 am

Its going to Take TIME, 30 Days is Hardly Enough Time >>> IT was enough time to irresponsibly spend a TRILLION DOLLARS wasnt it? We have to act boldly and swiftly to address this problem. WELL he addressed NOTHING. THE problem is still there and American is suffering as he plans another SPENDING SPREE…

Posted by: ChicagBob | March 2, 2009, 11:25 am 11:25 am

Chicagobob
You are dead on. Bush got higher grades then kerry and he never flunked out of lawschool like the messiah of global warming, gore, did.
Also, he never got caught plagerizing in college and in the early 80′s like biden did.
Liberals constant argument against republicans is that they are idiots (reagan, bush, palin), and it really is pretty pathetic.

Posted by: Dave | March 2, 2009, 11:25 am 11:25 am

Single, middle class, baby-boomers are screwed.

Posted by: lizziestitch | March 2, 2009, 11:26 am 11:26 am

Many are saying criticism of the things Obama is doing is premature, that they haven’t had time to work. How long should we wait and when will we know whether the spending has worked? The money will be gone soon and we might receive nothing back to show for it except a huge burdensome national debt. Will it be O.K. to complain then?

Posted by: mmonroeliveson | March 2, 2009, 11:26 am 11:26 am

ChicagoBob – It’s pretty clear to the rest of us that you’re just an angry partisan Republican who refuses to give Obama a chance. Why don’t you pipe down and reflect upon the fact that it was failed Republican policies that got us into this mess in the first place? You’ve really got a lot of nerve to go around blaming this mess on Obama – and the rest of us aren’t going to take your steaming pile of bullcrap seriously. You dumbf–ks tanked the economy and lost the election – it’s time for you to face up to what you’ve done and stop blaming democrats for your own failures. The rest of us will only laugh in your stupid, lying faces until you do.

Posted by: Kendall Crawford | March 2, 2009, 11:28 am 11:28 am

The Dow fell below 7000 this morning . . . Obama is doing nothing but raping the treasury and destroying the country. Thank you enlightened voters, you really stuck it to us this time.

Posted by: rplat | March 2, 2009, 11:28 am 11:28 am

“Barry and his angry wife hate everything about this country. When michelle said twice “I have never been proud of my country”, she obviously meant it!
People who took their children to hear rev racist speak for years are now leading the free world.”
You’re funny, dave.

Posted by: silky | March 2, 2009, 11:28 am 11:28 am

Consumers Dont have Confidence Right now Because they are Worried about their Jobs!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
YEAH AND WHY IS THAT??? Prey tell?
You think its all republicans? AGAIN a HUGE error on your part. You need to look in the mirror and know that Clinton Franks Meeks DODD and others made this mess as well. THEY stink to high heaven in this pool of waste corruption and back door deals. If you were honest you would not be saying its ALL them. Join me its ALL of them and Obamas leadership has been non existent through out this process. He let Reid and Pelosi write this spending bill which HELPS nothing. He states I am going to take more from companies that are already hurting further damaging the market. You think Obamas CRISIS was not heard every day for months? You drank the koolaid I need to do some work looking for a job and cant take any more of the lemmings on the left today. Its just too maddening. If you wont even open your eyes enough to see whats in front of you no one can help you. Carter years here we come. DOOM and GLOOM and the misery index. Gas rationing. 12% unemployment. 17% interest rates. God help the Unites States of America survive this madness.

Posted by: ChicagBob | March 2, 2009, 11:31 am 11:31 am

These Republicans Seriously Want to Blame Obama for this Mess! goes to Show you why they say the Right arent Too Bright! DAVE Give it a Rest with The Limbaugh Spewing Trash. NO ONE CARES I REPEAT NO ONE CARES!

Posted by: Angie in PA | March 2, 2009, 11:31 am 11:31 am

Truth Squad
It’s March, Obama’s name is on the check now and it has been for the last 40 days. No one has to guess what is under the covers anymore with this administration and the markets are reacting to Obama now, not Bush.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 11:32 am 11:32 am

mmonroeliveson – well maybe you could wait until the stimulus checks actually go out before you start whining and complaining?
But actually, it’s kind of useful to see who’s whining now because it lets us all know that you have no real or serious interest in seeing the recovery work – your only real interest is in your rightwing partisanship and undermining President Obama at every opportunity.
Thanks for tipping your hand early – now we know that your criticisms aren’t valid; just more cheap partisanship from another Republican dead-ender.
LOL

Posted by: ChipShop | March 2, 2009, 11:33 am 11:33 am

“Many economists think we are on the brink because obama has already spent more in 40 days than the market is worth. Brilliance!”
What economists think that? The economists I have read all advocated for a huge stimulus package. The recession is a result of the bursting of the home buying bubble. Don’t you remember when people were borrowing money on the value of their houses to pay down credit card debt or to just take a vacation? Remember when you couldn’t buy a dump for under $200,000? The short term memory loss of Republicans blaming Obama for the recession is amazing.

Posted by: Amy | March 2, 2009, 11:34 am 11:34 am

Chicago Bob
so Your Telling me 8 Years of a Republican President, and 6 Of those 8 Years a Republican Congress! and THEY ARE NOT RESPONSIBLE HAHAHAH LOLOLO Thats why the Republicans Got their Clocks cleaned in 2 Elections. THE PEOPLE DONT TRUST OR WANT THE REPUBLICANS TO DEAL WITH THIS MESS!

Posted by: Angie in PA | March 2, 2009, 11:34 am 11:34 am

NoMoreMr.NiceGuy – Nice try, dude, but the markets are reacting to alot of other data besides Mr. Obama. Meanwhile, the stimulus checks haven’t even gone out yet and you clowns are already whining? Sorry, but it’s impossible to take you seriously. Get a grip and take some responsibility for the mess that your party created in the first place. Don’t worry, we Dems will clean up your mess again – just shut up, stop whining and get the hell out of the way already.

Posted by: Truth Squad | March 2, 2009, 11:37 am 11:37 am

“Not to worry, those ADD problems are back in Texas along with the alcoholism”.
Posted by: kat the real one
I see the liberals are out in force today with their higher intelligence/maturity on full display. Yeah, calling bush and alcoholic and one with ADD justifies obama’s reckless anti-capitalist lurch

Posted by: Hawk | March 2, 2009, 11:39 am 11:39 am

Our leaders have spent decades offering voters more and more with the promise that it will cost us less and less which has been a winning strategy come November. We are now starting to see the ends that this approach has created and in this crisis, there is no time like the present to get this ship righted. We have an energy policy where we ship vast amounts of money to countries with anti-American agendas (Iran, Venezuela, Russia, Saudi Arabia,…) many of which finance terrorists that are fighting our troops at this very moment. All the while we have the means to implement efficiency and alternative energy systems that can start to make a huge dent in this backassward approach right now in 2009. We have an education system that fails too many of our kids leading to not only lower competitiveness for the country, it also leads to a lower wage earning population and therefore, lower tax receipts and more social system needs. When the brightest minds of the world come to the US for college, we have an immigration system that promptly kicks them out of the country as soon as they graduate and then they go back home and compete against us. And we have a healthcare system that sees us pay more for coverage and treatment than any other industrialized country on the planet and yet 1 in 7 Americans has no coverage at all and the US isn’t even in the top 30 countries in terms of life expectancy!? Make no mistake. there are powerful, entrenched interests at work to make sure their profits from these current approaches stay in place even though they are failing our people and will have disastrous long term effects on our economy and country the start of which we are now seeing. Enough is enough! Like the saying goes, it is never the wrong time to do the right thing.

Posted by: TSnow27604 | March 2, 2009, 11:41 am 11:41 am

Angie- No the Dow is down because of Obama’s inept handling of the economy. His halting policies announced by Treasury Set Tiny Tim, Jim Cramer’s words, and Obama socialist policies of punishing business with taxes is definitely pushing the market down. His plan to fine tune the economy through the Soviet type 10 year plans means his regulation will limits business movements to make money. Your 401K and IRA drops are directly affected by Obama’s inept policies. And it is exactly what he wants to make everyone dependent on the government. It is exactly why Congress will never simplify the tax code because right they have so much power to manipulate taxes and tax credits for special interests so they can get campaign money from lobbysists. The Dems can deny it all they want but this recession can be blamed on the Congress including Democrats especially since they were in power the last 2 years. THe Frank/ Dodd recession is made worse by the Dems policies since Obama won.

Posted by: jschmidt | March 2, 2009, 11:41 am 11:41 am

1) I am not a republican. I am a conservative.
2) I am angry because Obama is leading this country to the brink of depression to pass some Utopian social adgenda that has been tried and failed before.
3) Republican policies that got us into this mess in the first place?
>>>> DID YOU read the 9/30 1999 NYT article about Fannie and Freddie?
Look it up.
Did you know that congress writes the laws and budgets and the dems have had the congress since 2006?
Did you know that Franks and DOD and Meeks just about called the man a racist in 2004 or was that 2002 for coming up with a report that said Fannie and Freddie were over leveraged?
You can see that on CSPAN.
Here is why the democrats infuriate me.
THEY NEVER take responsibility. NEVER EVER. You will blame, misdirect but the BUCK never falls on your desk even when you are running the show. So you keep fiddling while the DOW tanks. You keep pushing more socialist agendas and pushing class warfare as companies leave the country and lay more people off.
And when the Carter years come back again will you take responsibility then?
OF COURSE not Democrats never take responsibility they are just in the room when things happen.
The democratic party and its followers have a LOT of SICK twisted people in it leading the lemmings to hate success. Well failure is around the corner hope you like it..

Posted by: ChicagBob | March 2, 2009, 11:42 am 11:42 am

I notice that the Republican Obama critics here are all doing alot of whining without offering up any real solutions for the problems that their party’s failed economic policies caused in the first place.
It’s kind of hard to take these fools seriously when you consider their track record.
Sensible, reasonable folks are sticking with President Obama.

Posted by: Post-Partisan | March 2, 2009, 11:42 am 11:42 am

While the subprime mess was unfolding Dems in chairmanships aided and abetted the Fannie and Freddie spiral down while soaking up campaign contributions. July 11, 2008 –”The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added.Dodd, who chairs the Senate Banking Committee, said he had spoken earlier with representatives from the Federal Reserve, Treasury Department, the executives of Fannie Mae and Freddie Mac, as well as their regulator, the Office of Federal Housing Enterprise Oversight. He said he was reassured that the firms are “fundamentally sound,” have access to the capital markets, and have plenty of capital. “These two institutions are fundamentally, fundamentally strong,” Dodd said. “There’s no reason for the kind of reaction we’re getting.” Sept 11, 2003– ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Posted by: jschmidt | March 2, 2009, 11:44 am 11:44 am

Yawn. 0-bama is already old.

Posted by: Regular Guy | March 2, 2009, 11:45 am 11:45 am

THE PEOPLE DONT TRUST OR WANT THE REPUBLICANS TO DEAL WITH THIS MESS! >>>>
Well as the smoke clears and it becomes obvious that all Obama has done destroyed TRILLIONS in wealth the back lash will be huge. You know it may be the total destruction of the democratic party.
IF in the next few months the unemployment is way up and the DOW way down you will see a shift. Bush had a 90% approval rating.. What happened to that? Obama isnt even that high.

Posted by: ChicagBob | March 2, 2009, 11:46 am 11:46 am

Great to see 0-bama at centercourt on TV at the Chicago Bulls game.
Did he fly Air Force One? I’m sure nobody cares because whatever 0-bama does is cool.

Posted by: Regular Guy | March 2, 2009, 11:46 am 11:46 am

And like the Republicans take Responsibility lolol hahaha Listen to all of you Blame this all on Obama and the Democrats, Failing to realize The Republican President for 8 Years and the Republican Congress for 6. LAUGHABLE Yeah the Dems did all of this in 2 years hahahahah. No wonder why the Republicans got a Smack Down the Last 2 Elections Smart Sensible people VOTED FOR OBAMA AND THE DEMS!

Posted by: Angie in PA | March 2, 2009, 11:47 am 11:47 am

0-bama is DEFINITELY high on SOMETHING
Read his book…

Posted by: Sam Adams | March 2, 2009, 11:47 am 11:47 am

I just wonder why it is that so many people want out president to fail, or they want him out? Would you feel the same way if McCain had won?
Bush knew that he was leaving a mess behind and didn’t care, he was glad to go. I don’t understand why people are ALREADY blaming Barack, for something he really didn’t have anything to do with.
I voted for Barack, because I wanted a president to put AMERICA FIRST, and not HIS NEEDS FIRST. I don’t understand LIMBAUGH’S or any other republicans ignorance, for wanting him to fail. America is struggling right now and we really don’t need to divide ourselves. Whether they like him or not, WHY CAN’T THEY SILENTLY DISAPPROVE OF HIM?
I didn’t always agree with Bush, but he was our president and had to stand behind him no matter what. Whether I liked his ideas or not.
WHY CAN’T PEOPLE GIVE HIM (BARACK) A CHANCE, BEFORE THEY JUST RIGHT HIM OFF?

Posted by: Aren't you tired of Dividing the Nation? | March 2, 2009, 11:48 am 11:48 am

ChicagoBob – we get it – your’e an angry wingnut partisan. What you don’t seem to grasp is that your ideology failed a long time ago.
Do you know why Republicans consitently betray their small-government/ low taxes ideals? Because they’re simply not realistic for a modern, 21st century superpower.
Unless you want to undo the last century of national progress and plunge us back into some kind of pre-industrial state, you need to get used to the fact that big government and massive spending is simply a reality of our lives.
Even Reagan and Nixon and Bush I & II knew this.
Stop whining.

Posted by: Cadbury | March 2, 2009, 11:48 am 11:48 am

Amy:
I didn’t say I blame obama for the mess he “inherited.” I blame the congressional democrats mainly, some congressional republicans somewhat for going along with the notion that everyone has a God-given right to a flat-screen tv, a house, and car without being able to afford it (see “community reinvestment act”, hatched by carter and exacerbated by clinton). See also “ACORN” and “shakedown artists”. What I want to emphasize is that if you agree that Bush’s main problem was fiscal irresponsibility, why in the hell would you think it’s okay to spend 4 trillion dollars in 40 days essentially, on the dubious claim that to get out of a debt-induced recession, you need to go into more debt? But I guess it fits with a philosophy that says that criminals are victims (see “illegal alien”), global warming is strictly caused by modern human activity (google “vinyards in greenland/Britain in the middle ages”), and welfare entitlements lift people out of poverty (google “single mothers” and “poverty”).

Posted by: Hawk | March 2, 2009, 11:48 am 11:48 am

“Angie- No the Dow is down because of Obama’s inept handling of the economy.”
Right. It couldn’t have anything to do with the collapse of the banking industry and housing markets, steady reportings of losses across just about all sectors, and the massive reduction in jobs. Nope. It’s Obama’s fault.

Posted by: silky | March 2, 2009, 11:48 am 11:48 am

Did anyone see the 60 minutes piece on Bernie Madoff last night? The SEC was staffed by people who were trained to look at rule breakers, people who didn’t file paperwork correctly, etc. They were not trained to detect massive fraud. As the whistleblower 60 interviewed said, the SEC would come in AFTER fraud was committed, file all the paper work on it and move on. Nothing was ever done to prevent fraud, and no one responded to allegations against Madoff. Unbelievable. If Madoff defrauded investors of billions of dollars undetected, what other hedge fund managers were ripping clients off?

Posted by: Amy | March 2, 2009, 11:48 am 11:48 am

“Sensible people voted for 0-bama.”
REALLY? It’s not turning out to appear that way.
SPEND, SPEND, SPEND
Ha Ha Ha Ha Ha

Posted by: John Hancock | March 2, 2009, 11:49 am 11:49 am

Sam Adams – yeah, he’s high on VICTORY. Menwhile, Bush was a bigger cokehead than Marion Barry. LOL

Posted by: Matt Jackson | March 2, 2009, 11:50 am 11:50 am

Silky, the paid Obama Socialist Marxist blogger.
How was your weekend at Lenin’s retreat old buddy?

Posted by: Sam Adams | March 2, 2009, 11:50 am 11:50 am

Sensible, reasonable folks are sticking with President Obama.>>> ROFL.. You take a look at your 401K next quarter and the fact the insane SPENDING and regulations will be the cause of your losses. BUT what am I thinking. YOU will never blame a democrat because they are never responsible. right? Never right? They never do anything wrong how could they? They are just running everything. ROFL..
You call republicans Lemmings? At least the republicans threw out their members when they spent way too much. Democrats? NAH we are never at fault. Its that guy over there not me. Its the Warriors (reference to an old B movie)

Posted by: ChicagBob | March 2, 2009, 11:51 am 11:51 am

Bush had a 90 Percent Approval Rating and The IDIOT Turned it into 10 Percent what a moron. What if Obamas Plan do work What if Unemployment Drops and the Dow rises again. Why are Republicans so Gloomy and Negative Instead of being Bitter because your Party lost why not Wait and see and give Obamas PLAN A chance to work If not then Bash THINGS TAKE TIME!

Posted by: Angie in PA | March 2, 2009, 11:51 am 11:51 am

Matt,
No earmarks? 48 hours and five days? No lobbyists. Tax cheats. Obama sure is cool.
How do you like your $ 13?
Have a lovely day…

Posted by: Sam Adams | March 2, 2009, 11:52 am 11:52 am

Post-Partisan- Why should Republicans make proposal? In the bailout bill they did and Pelosi shot them down and never let them out of committee. Pelosi and Reid are the problems. Reid got his maglev train from LA to Nevada- potentially good but not proven feasible technology that will not get built in the next year thereby providing few jobs. Pelosi got her wetlands preservation which will save her mouse in San Fran. The Republicans said to cut the pork and the social programs that wouldn’t add jobs. They said to increase the infrastructure, it was less than 9% of the bailout insufficent to create the jobs needed. Hey this is Obama;s mess.The only thing the Republicans can do is try to stop legislation from moving forward. Call it obstructionist I call it limiting the socialist agenda of the Democrats.

Posted by: jschmidt | March 2, 2009, 11:52 am 11:52 am

Good plan
Follow 0-bama blindly right off a cliff.
Liberals are geniuses.

Posted by: John Hancock | March 2, 2009, 11:53 am 11:53 am

Angie in PA
We have 53% of Americans who just voted an anti-American socialist to the presidency. I would certainly not put too much faith in the wisdom of the American people right now. The same band of idiots who gave Bush terrible poll #’s gave barry their vote.

Posted by: Dave | March 2, 2009, 11:55 am 11:55 am

Republicans threw out their Members when they spent too much HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAH Oh Chicago Bob stop I cant stop Laughing hahahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhahahahahahahahahahahahahahahahahahahahahah

Posted by: Angie in PA | March 2, 2009, 11:55 am 11:55 am

anyone interested in the truth should read “Obama Declares War on Investors, Entrepreneurs, Businesses, and More ” by Larry Kudlow of CNBC.
http://www.kudlowsmoneypolitics.blogspot.com/

Posted by: jschmidt | March 2, 2009, 11:55 am 11:55 am

A Socialist Marxist America under 0-bama is no victory.
Enjoy the $13!!!!

Posted by: Patriot | March 2, 2009, 11:55 am 11:55 am

“I just wonder why it is that so many people want out president to fail, or they want him out? Would you feel the same way if McCain had won?”
Posted by: Aren’t you tired of Dividing the Nation? | Mar 2, 2009 11:48:13 AM
I’ll use a favorite liberal tactic of justifying this huge orgy of spending by saying “well Bush did it, where were you when he was running up deficits?”
As soon as Bush entered office in 2004, liberals and the MSM have devoted all their efforts into making Bush fail (eg: Iraq, when Reid and obama both said the surge is a failure), or at least giving the impression that Bush was a failure.
Unlike liberals, real Americans hope that obama’s concept of “rescuing” us out of this recession (socialism) fails so that real, free-markets based capitalism that made even poor Americans some of the richest humans, succeeds.

Posted by: Hawk | March 2, 2009, 11:55 am 11:55 am

“How was your weekend at Lenin’s retreat old buddy?”
Intoxicating. Filled with wine, women, and sunshine. I’ll tell you what, those communists know how to party. I dominated on the golf course yesterday morning, but alas, had to give back the money I won.

Posted by: silky | March 2, 2009, 11:56 am 11:56 am

Hawk – you’re an idiot. Anyone who thinks this economic meltdown was caused by ACORN is seriously delusional and not worth taking seriously.
At what point are you rightwing partisan extremists going to realize that sensible people simply aren’t going to take your BS seriously any longer?
You think that you’d have gotten the message after the last two elections.

Posted by: Post-Partisan | March 2, 2009, 11:56 am 11:56 am

I am a Marxist Socialist dedicated to Obama and the takeover of America!

Posted by: Silky, Obama Blogger | March 2, 2009, 11:57 am 11:57 am

Right. It couldn’t have anything to do with the collapse of the banking industry and housing markets, steady reportings of losses across just about all sectors, and the massive reduction in jobs. Nope. It’s Obama’s fault. >>>>>>>> No it is Obamas fault. What was his response to the problems? A HUGE spending bill putting us deeper in debt, The budget? MORE spending to go farther in debt. NOW health care MORE spending. NO it cant be Obama’s constant campaigning that we are in CRISIS so everyone FEAR for your lives?
NAH who would believe that anyone heard that message repeated over and over and over and over again so he could pass a massive SPENDING package.. ALL for politics he crushing the economy and destroying the American way of life.
Hard Democrats cant see this can understand this and will never ever admit this because if they did they would have to vote out the corrupt insane party members LIKE republicans did. Only if you are honest with yourselves. Thats asking WAY too much.

Posted by: ChicagBob | March 2, 2009, 11:57 am 11:57 am

Post-Partisan,
Hero worship never gets tiring, does it?

Posted by: USA | March 2, 2009, 11:58 am 11:58 am

Angie in PA HOW did you win the majority in 2006?
OH YEAH .. you forgot to be honest.

Posted by: ChicagBob | March 2, 2009, 11:59 am 11:59 am

According to the Republicans Democrats are not real Americans, Just like Obama is not American he is a Socialist ACORN,SOCIALIST,TERRIOST ALL RUSH LIMBAUGHS HATE TALK And you wonder why Republicans are going into EXTINCTION!!!!!!! hahahahahahahahahahahah hahahahahahahaaalololololololololololololol hahahahahahahAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHH

Posted by: Angie in PA | March 2, 2009, 12:00 pm 12:00 pm

Even the economists and publications that have wholeheartedly endorsed Obama are now in shock now that they have had time to crunch the numbers and read the fine print. This isn’t a Republican smear job, I’m a centrist and I believe in a conservative approach to the economy with a somewhat liberal approach to society.
Now you can believe that Obama is either the stupidest guy alive or you can believe that what he is doing is a deliberate attempt to destroy a capitalist society to enact his own political agenda it is becoming that clear.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 12:02 pm 12:02 pm

http://www.kudlowsmoneypolitics.blogspot.com/
Here is how Obama is destoying the market. jschmidt is right.

Posted by: ChicagBob | March 2, 2009, 12:02 pm 12:02 pm

Angie in PA Read the article instead of the talking points on your desk

Posted by: ChicagBob | March 2, 2009, 12:03 pm 12:03 pm

Chicago Bob
We won the Majority in 06 Because people WOKE UP And seen the Disasters of the Republicans, and Unfournatley we have to Live through those Disasters Right now. Thats how we smacked you Down in 2 Elections. and If Republicans keep up their Bashing of the President we will Smack you down again in 2012

Posted by: Angie in PA | March 2, 2009, 12:04 pm 12:04 pm

Amy -the people who invested with the schmoozer Bernie were often personal acquiantances who knew him and would never question his ethics. People should be picking a personal advisor based on proven performance that is verifiable. If the results seem to good to be true then they usually are. People who didn’t question Madoff returns are their own worst enemies.They lost money for themselves and their clients based on “knowing” Bernie. Let the buyer beware. I would think there are not as many crooked advisors as you think because any smart investor check out the performance. You big mutual funds are not crooked and our controlled by the mutual fund industry. Bernie was not controlled by anyone since he was considered a hedge funds. Don’t paint all advisors and mutual funds with the same brush. I am an investor not an advisor and my portfolio is down 40% but I don’t blame the mutual fund, I blame COngress and Obama.

Posted by: jschmidt | March 2, 2009, 12:05 pm 12:05 pm

Angie in PA (or paid obama blogger?) said: “The Dow is Not Down because Of Obama”
Do you have even basic knowledge of economics. The dow is down becuase of a mass sell-off. This is not good. The mass sell off is because of Obama’s policies, his idiotic treasury secretary, and the Dems love of spending during a period when there is so much debt anyway that the only way to keep the country going is to borrow from china or print more money (which then causes the dollar to decline and be almost worthless again).

Posted by: Louisa | March 2, 2009, 12:05 pm 12:05 pm

ChicagoBob, 61% of “we the people” have faith in Obama at this point. The fact is you do not have a clue about how this is going to come out in the end yet you are talking like you actually KNOW something while your words say you do not.
Obama, who took office in January, is not responsible for creating this mess. People with half a brain know that. His plan may or may not work but at least he is DOING something which is more than Bush did while he was running this Country into the ground.
What goes up must come down. This country has wallowed around in a false economy for years and when the housing sector started crumbling it became clear that the economy of that day had been constructed in sand and had nothing else to do but collapse. Shortly after that started the domino effect took over and that is why we are where we are today and Obama didn’t create that mess. To bad you “sky is falling” folks didn’t start singing your song when this mess started because you doing it right now really comes across as pretty ridiculous. The most realistic commentary has the economy continuing down hill in 2009 with the possibility of bottoming out by years end then starting back. Point is your comments are grossly premature and unfounded.

Posted by: Chuck | March 2, 2009, 12:05 pm 12:05 pm

BOB
I dont click on Links off these sites and Please dont Direct me to Right Wing Smear Lying sites!

Posted by: Angie in PA | March 2, 2009, 12:06 pm 12:06 pm

Angie- the Dems will lose in 2010 because of corruption, the economy and their socialist agenda.

Posted by: jschmidt | March 2, 2009, 12:06 pm 12:06 pm

ChicagoBob – sorry dude, nobody is taking your crap seriously anymore. Get a new script and stop whining. You Republican deadenders are hillarious.

Posted by: Wichita Lineman | March 2, 2009, 12:07 pm 12:07 pm

July 11, 2008 –”The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added.Dodd, who chairs the Senate Banking Committee, said he had spoken earlier with representatives from the Federal Reserve, Treasury Department, the executives of Fannie Mae and Freddie Mac, as well as their regulator, the Office of Federal Housing Enterprise Oversight. He said he was reassured that the firms are “fundamentally sound,” have access to the capital markets, and have plenty of capital. “These two institutions are fundamentally, fundamentally strong,” Dodd said. “There’s no reason for the kind of reaction we’re getting.”

Posted by: jschmidt | March 2, 2009, 12:07 pm 12:07 pm

Lousia
First of all I am not a Paid Blogger Second the Dow is down Because Of the Housing Market, as well as UNEMPLOYMENT WORRIES, And Consumer Confidence. until we fix these Problems and Get Banks Lending again the Dow will Continue to Fall

Posted by: Angie in PA | March 2, 2009, 12:09 pm 12:09 pm

Jschmit
Will see But I doubt it! But if so that Means people are ready to Switch Parties Again, But alot Of people DO NOT TRUST the Republicans

Posted by: Angie in PA | March 2, 2009, 12:11 pm 12:11 pm

Chuck
Barry is a loud and proud socialist, and his ACORN connections, along with many other democrats in power, caused the housing crisis. They FORCED banks to lower their lening standards under the banner of “fairness”, and people were consequently given loans that they could never pay back.
Here is a list of people who can be seen in various senate hearings fighting like cammanches against ANY regulation of fannie/freddie. Their argument against regulation was that it would decrease “affordable housing”, notice that they are all democrats.
Barney frank
chris dodd
chuck schumer
maxine waters
ACORN
harry reid
nancy pelosi

Posted by: Dave | March 2, 2009, 12:11 pm 12:11 pm

jschmidt – actually, as long as delusional wingnuts like you keep ranting about “socialism” while the Dems try to save capitalism, the GOP will become even more irrelevant and out of touch with reality than it already is.
If that silly clown Bobby Jindahl is the best you have to offer, then the GOP may not even exist by 2010. Remember, the country keeps getting younger, better educated and more diverse.
The GOP keeps getting older, whiter and dumber. You do the math (if you can). LOL

Posted by: Grace Note | March 2, 2009, 12:11 pm 12:11 pm

Kudlow article http://www.cnbc.com//id/29434104
Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.
He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.
That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.
Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years.

Posted by: jschmidt | March 2, 2009, 12:14 pm 12:14 pm

Dave – your post is complete crap. If you are seriously dumb enough to believe that ACORN caused the housing and credit meltdown, then you are a complete chump. Crap like this is exactly why serious and educated people no longer take the GOP seriously.
Get a life, loser. LOL

Posted by: Stratocaster | March 2, 2009, 12:15 pm 12:15 pm

“Hawk – you’re an idiot. Anyone who thinks this economic meltdown was caused by ACORN is seriously delusional and not worth taking seriously.
At what point are you rightwing partisan extremists going to realize that sensible people simply aren’t going to take your BS seriously any longer?
You think that you’d have gotten the message after the last two elections”.
Posted by: Post-Partisan
1. I see you are just as consisitent as your messiah: “psot partisan, post racial, fiscal responsibility”
2. So basically what you’re saying is that sharpton and jackson and ACORN DON’T organize rallies outside bank officials’ homes that don’t agree with relaxing all kinds of rulkes for lending based on credit scores in my home town, chicago>
3. apparently you’re willing to overlook the corruption involved with the new administration and all the hypocrisy floating around. It’s the height of hypocrisy to say that the job creators and productive members of this society, who already pay an inordinate amount of the federal income taxes funding giveaways to groups like ACORN, nad wlfare, are not paying their fair share. And the biggest rabblerousers in the new politburo don’t even condescend to pay their taxes.
In conclusion, shut your piehole.

Posted by: Hawk | March 2, 2009, 12:17 pm 12:17 pm

Hawk- You didn’t really answer my question. I am 23yrs old and when I vote for the first time ever, I voted for the Dems. Apparently, people like you decided to keep Bush.
Republicans, started the whole BAIL-OUT PLAN and gave it to the wrong people. They didn’t it the lower class, they gave it to CEO’S, and other’s like them. So if anything they are the reason why we are still in trouble.
Another thing Dems didn’t devote their time to see BUSH fail, BY THEMSELVES, I do remember their were plenty of Republicans who were against BUSH also.
Guess what, I consider myself a REAL AMERICAN, I was born here and will tell anybody off who tries to put her down. I may be sick to fight for her in the war, but I am not to sick to stand up for her on my home land.

Posted by: Aren't you tired of Dividing the Nation? | March 2, 2009, 12:18 pm 12:18 pm

jschmidt – you’re full of crap. Serious people do not take your hysterical bloviations seriously. Your tired whining is exactly why the GOP is now a spent force with no direction or new ideas. Stop whining and making up nonsense and do something useful.

Posted by: Stratocaster | March 2, 2009, 12:18 pm 12:18 pm

Hawk
Your blaming “Democrats in Congress” is like identifying salmonella in peanut butter as the culprit making people sick. According to you, the mere presence of liberals contaminates the whole batch. Doesn’t matter to you that Democrats have only had a house majority for the last two years, and Democrats have had a bare majority of one in the Senate. Not to mention a Republican President with veto power and unprecedented “executive power” authority for the last eight years.
You blame Democrats for the fact most scientists agree that burning fossil fuels is over heating the planet, (somehow the mere presence of Democrats in a system causes scientists to believe facts that reflect badly on oil companies?)
The Republican philosophy is very appealing to me: people should not spend their whole lives on welfare, government should not spend more money than it takes in taxes, entrepeneurs should be rewarded for their risks. Trouble is, Republican “values” don’t translate into Republican performance. Under Republican policies, the rich got richer and the middle class was hurt. Oil companies made record profits, America lagged behind other countries in developing alternative energy, Infrastrcture needs were ignored, the financial system made phony profits in dubious ways. These are facts.
Obama is the new President, the House is controlled by Democrats, and we are changing policies. Lets see how it works.

Posted by: Amy | March 2, 2009, 12:19 pm 12:19 pm

Hawk – um, no. You shut YOUR piehole. You lost the election – so suck it, you sad, sore loser. LOL

Posted by: Post-Partisan | March 2, 2009, 12:21 pm 12:21 pm

ChipShop; My sympathies go out to you if $13/wk is going to make a difference in your life. Actually, I’d enjoy seeing the economy recover. The present leadership is taking advantage of a bad situation to create a disaster. I welcome changes that will benefit this and future generations. Simply stated, what I don’t think will make things better is for the government to control the people when the government should be controlled by the people. I don’t believe it’s in our best interest to be indebted to foreign nations, either. Sometimes the best offense is to do nothing at all. We can’t and shouldn’t always try to make things happen. Left alone, things will still happen but without the debt. We are in the midst of a housing crisis. People were told they could afford houses they couldn’t afford and financing was provided. Now those people have lost their homes and have bad credit. We are being told the government can afford to spend all this money we don’t have. My concern is about where such reasonong will lead. Will we lose our homeland and be left with debt and bad credit?

Posted by: mmonroeliveson | March 2, 2009, 12:25 pm 12:25 pm

Angie in PA |
Can you possibly take a clear look at your statement?
Because Of the Housing Market, as well as UNEMPLOYMENT WORRIES, And Consumer Confidence. until we fix these Problems and Get Banks Lending again the Dow will Continue to Fall.
1. Banks lending is what got us into this mess. You can not borrow more than you can afford to pay back.
2. Consumer confidence, people have none because they are too far in debt now and even if they wanted to they could not take on more debt. People are seeing what little savings they had wiped out daily, there is nothing left to borrow or spend.
3. Unemployment worries, well Obama basically just told your employer that he is going to saddle them with increasing energy costs, higher taxes and mandatory regulations and you expect them to not look at how this will effect their bottom line and react to it.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 12:25 pm 12:25 pm

jschmidt is a classic Republican – he lost the election so now he’s resorting to the same old fear and scare tactics in an attempt to undermine the President. God I am so sick of Republicans and their stupid BS. Call me when the GOP actually comes up with solutions to the problems that they created in the first place. I will never vote for another Republican for as long as I live. I don’t love the Dems, but Republicans are complete scum!

Posted by: single malt man | March 2, 2009, 12:26 pm 12:26 pm

Grace and Angie- read the Kudlow article- maybe you’ll get some sense. Kudlow, Cramer, Santelli and many others experienced people in finance and economists feel Obama’s agenda, fear mongering and inept handling of the economy will make things worse. Fine don’t listen to other points of view and follow the socialist lead that will only make things work. Take off the rose colored glasses and get off the kool-aid. Unless you want to live in Hugo Chavez type country. You call anti Obama people closed minded when you are the same.Viva dictatorship of the Dems!

Posted by: jschmidt | March 2, 2009, 12:26 pm 12:26 pm

“Dave – your post is complete crap. If you are seriously dumb enough to believe that ACORN caused the housing and credit meltdown, then you are a complete chump. Crap like this is exactly why serious and educated people no longer take the GOP seriously.
Get a life, loser. LOL”
Posted by: Stratocaster
Please, stratocaster, enlighten us with the core reasons this recession has hit us, and then enumerate the ways in which obama’s massive, “historic” spending spree is designed to help.
In doing so:
1. do not sputter and slobber on your keyboard
2. you are not allowed to blame massive spending trends on Bush to justify obama’s, since that is one of the main reasons that bush was dubbed the antichrist by the left
3. and you are not allowed to repeat the class warfare talking points of the left (please also see “Bolshevic vs. Menshevic”)
Finally, please describe how continuing to fight and win in Iraq is a sin when committing troops to Afghanastan indefinitely is okay. I know you’re going to say that that is where the taliban and obl are but they have recently acquired passports so they are able to cross borders. And then please give estimates on the latter’s costs given the Soviets, who obama seems to be emulating, couldn’t win after 10 years. And don’t worry, in the spirit of liberalism, even if your dead wrong on all fronts I’ll still give you an “A”, simply for effort.

Posted by: Hawk | March 2, 2009, 12:28 pm 12:28 pm

I love the fact that people are putting Larry “I never met a good regulation and the free market will work all of this out by itself and all of my rich friends can go back to their happy ignorant status-quo lives” Kudlow on some sort of pedestal. Were you quoting him when the ideas he promoted drove Wall Street into the tank last Summer and Fall? Laissez-faire conservatives should just shut their hypocritical mouths. All of these ideas are the exact ones that got us in this mess.

Posted by: TSnow27604 | March 2, 2009, 12:28 pm 12:28 pm

I’d like to say this discussion was fun but it was just a waste of time. Socialists Dems will not learn unless they see things fall apart which they will. They will not listen common sense or anyone else who tries to reason with them. Too bad our country will be worse for their mindless loyalty.

Posted by: jschmidt | March 2, 2009, 12:29 pm 12:29 pm

Republicans, started the whole BAIL-OUT PLAN and gave it to the wrong people >>>
WOOO There youngster the congress delivered the bill which was totally in charge of congress? You have such short attention span. You dont remember how proud Reid and Pelosi were so proud when they showed this bill? Oh yeah the genius Obama was there as well. Ya think they would do their duty and make sure this worked correctly? Maybe even say lets go slow and get it right because over 60% of the people DID not want TARP to pass. WELL they rammed it through and you blame only Bush? DEMOCRATS its NEVER my fault.

Posted by: ChicagBob | March 2, 2009, 12:30 pm 12:30 pm

Democratic ideas at work-
July 11, 2008 –”The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added.Dodd, who chairs the Senate Banking Committee, said he had spoken earlier with representatives from the Federal Reserve, Treasury Department, the executives of Fannie Mae and Freddie Mac, as well as their regulator, the Office of Federal Housing Enterprise Oversight. He said he was reassured that the firms are “fundamentally sound,” have access to the capital markets, and have plenty of capital. “These two institutions are fundamentally, fundamentally strong,” Dodd said. “There’s no reason for the kind of reaction we’re getting.” Sept 11, 2003– ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”
http://www.marketwatch.com/news/story/sen-dodd-calls-fannie-freddie/story.aspx?guid={6D500286-5BDC-433B-A2EF-A9B3CE520ADE}&dist=msr_15 http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print
September 11, 2003

Posted by: jschmidt | March 2, 2009, 12:31 pm 12:31 pm

Hawk – um, no. You shut YOUR piehole. You lost the election – so suck it, you sad, sore loser. LOL
okay, I will. I simply cannot try and hammer logic and common sense into a learning disabled monkey. oops, was that racist? Oh, by the say, I had to change my message because the PC filters made me…

Posted by: Hawk | March 2, 2009, 12:32 pm 12:32 pm

Stratocaster, Amy, Angie
I love reading all of the “open minded” liberal posts here. Your constant use of words like “idiot” and “loser” to describe those who you disagree with is nothing more then a contintuation of the long-standing liberal tradition of name calling.
An “open minded” liberal is about as easy to find as a patriotic liberal.
As for the housing crisis, democrats are too blame for 90% of the mess. Groups like ACORN, with socialist lawyers like barry O representing them in the early 90′s, most certainly had a large part in wealth redistribution in the form of lowering lending standards.
They staged bank sit-ins in chicago, where they would focus on intimidating the CEO’s into lowering their lending standards. They would follow the CEO”s children all in an attempt to get the big mean banks to gives loans to dirt balls who were never going to be able to pay them back. When the CEO’s refused, they were often sued for discrimination. Barry O was one of those sleazbag lawyers who helped lower the standards.

Posted by: Dave | March 2, 2009, 12:32 pm 12:32 pm

“Obama is the new President, the House is controlled by Democrats, and we are changing policies. Lets see how it works.”
We’re already seeing how well Democratic leadership works.
Since 1/20/09:
Dow DOWN 17.5%
S&P 500 DOWN 16.7%
And tons of layoffs…
Jan 20: Rohm & Haas = 900 jobs
Jan 20: Clear Channel = 1,850 jobs
Jan 20: Warner Brothers = 800 jobs
Jan 21: Hawker Beechcraft = 500 jobs
Jan 21: United Airlines = 2,500 jobs
Jan 21: Williams Sonoma = 1,400 jobs
Jan 21: Intel = 6,000 jobs
Jan 22: Huntsman Corp (chemical products) = 1,675 jobs
Jan 22: Microsoft = 5,000 jobs
Jan 26: Caterpillar = 20,000 jobs
Jan 26: Home Depot = 7,000 jobs
Jan 26: Pfizer = 8,000 jobs
Jan 26: Sprint Nextel = 8,000 jobs
Jan 26: General Motors = 2,000 jobs
Jan 28: Boeing = 10,000 jobs
Jan 28: Starbucks = 6,700 jobs
Jan 29: AOL = 700 jobs
Jan 29: Kodak = 4,500 jobs
Jan 30: NEC = 20,000 jobs
Feb 2nd: Macy’s = 7,000 jobs
Feb 3rd: PNC = 5,800 jobs
Feb 3rd: Electronic Arts = 1,100 jobs
Feb 4th: Panasonic = 15,000 jobs
Feb 4th: Time Warner = 1,250 jobs
Feb 9th: Nissan = 20,000 jobs
Feb 10th: General Motors = 10,000 jobs
Feb 17th: Chrysler = 3,000 jobs
Feb 17th: General Motors = 47,000 jobs
Feb 17th: Smithfield Foods = 1,800 jobs
Feb 18th: Goodyear = 5,000 jobs
Feb 19th: Avon = 3,000 jobs
And many more to come as Obama, Pelosi, and Reid push our economy over a cliff.
Hope and Change!

Posted by: Stacey | March 2, 2009, 12:32 pm 12:32 pm

WHAT DO YOU ALL SUGGEST WE DO THE SAME THINGS WE HAVE DONE FOR 8 YEARS? WHAT ARE YOUR SUGGESTIONS INSTEAD OF BASHING OBAMA OFFER SOME SUGGESTIONS JUST LIKE THE GOP THEY OFFER NOTHING JUST BASH BASH BASH

Posted by: Angie in PA | March 2, 2009, 12:33 pm 12:33 pm

Kudlow, Cramer and Santelli are all friggin IDIOTS who didn’t see the CDO trainwreck coming – they’re all clowns.
http://www.fool.com/investing/general/2008/10/23/why-you-shouldnt-listen-to-jim-cramer.aspx
The only one doing any scare mongering here is you – and you’re not doing a very good job of it at that.
Your hysterical bloviating about Chavez and the dictatorship of the Dems are just one more reason why serious people do not take people like you seriously anymore.
Grow up and stop whining.

Posted by: Grace Note | March 2, 2009, 12:34 pm 12:34 pm

Who was President for the Last 8 years and Who held Congress for 6 of those Years was it not the REPUBLICANS Responsibilty!WHAT ARE YOUR SUGGESTIONS REPUBLICANS The same sorry Policies they Brought us to These Discussions?

Posted by: Angie in PA | March 2, 2009, 12:36 pm 12:36 pm

Stacy – actually, those job losses are the fault of Bush and the GOP destroying the economy, not Obama’s plan to save it. Nice try, liar.

Posted by: Kingpin | March 2, 2009, 12:37 pm 12:37 pm

Stacy
Those Job Losses Started Happening under Bush and His Pathetic Presidency Nice try!

Posted by: Angie in PA | March 2, 2009, 12:39 pm 12:39 pm

“…Guess what, I consider myself a REAL AMERICAN, I was born here and will tell anybody off who tries to put her down. I may be sick to fight for her in the war, but I am not to sick to stand up for her on my home land”.
Posted by: Aren’t you tired of Dividing the Nation?
And? Hitler was born in Austria, but I wouldn’t call all Austrians Nazis.
I I told you liberal you can’t use the argument “Bush did it, so we are allowed to do it.” I mean, it just shows the extreme amount of projection inherent in the loony left.
ps. oh, and while you all are extolling the blinding brilliance of your community activist-turned messiah in all things existant, the markets are showing their solid confidence in him by being at -225.80.

Posted by: Hawk | March 2, 2009, 12:40 pm 12:40 pm

See the Minute you ask a Republican what is their Suggestion they Drift away!

Posted by: Angie in PA | March 2, 2009, 12:41 pm 12:41 pm

Dave – why do you assume that being liberal means being “open minded” to idiotic opinions like yours? Being open minded means giving good ideas a fair hearing – but your ideas are so obviously stupid, moronic and partisan that we are under no obligation to take your foolishness seriously. If you want to be treated respectfully, stop whining and posting crap and learn how to come correctly. You’re like a little child that smears himself in his own feces then demands to be seated at the dinner table among the grownups. Stop acting like a damn fool and show a spark of intelligence. Until that happens you will be laughed out of the room by the rest of us. Don’t be such a damn crybaby.

Posted by: Grace Note | March 2, 2009, 12:41 pm 12:41 pm

Years of unregulated capitalism has brought us to this point. Obama is reaching out to the middle class because that is how he got elected. A capitalist system needs some restraints to make all classes satisfied.
We all pay taxes because we want our government to maintain ordr, the imfrastructure, and to help us when disaster strikes – no matter what class you are. The wealthier you are, the more assistance you need to make you whole, ergo, higher taxes.

Posted by: Margaret | March 2, 2009, 12:42 pm 12:42 pm

Margaret
Dave Feels Better Speewing Limbaugh Hate, then the Republicans wonder Why their Party is Done. no Intelligent Debates Just republican Hate Rants!

Posted by: Angie in PA | March 2, 2009, 12:45 pm 12:45 pm

“I am an investor not an advisor and my portfolio is down 40% but I don’t blame the mutual fund, I blame Congress and Obama.”
That’s why you are an investor and not an actual producer of goods and services. You have no common sense. My opinion of Wall Street investors has sunk the more I know about how you practice your trade.

Posted by: Amy | March 2, 2009, 12:45 pm 12:45 pm

“Years of unregulated capitalism has brought us to this point. Obama is reaching out to the middle class because that is how he got elected. A capitalist system needs some restraints to make all classes satisfied.
We all pay taxes because we want our government to maintain ordr, the imfrastructure, and to help us when disaster strikes – no matter what class you are. The wealthier you are, the more assistance you need to make you whole, ergo, higher taxes”.
Posted by: Margaret
And here are a few of the things that will make the productive/hard working classes “happy” in the future:
1. passing off higher costs to their customers
2. laying off workers so they can manitain their business.
I keep telling liberals that instead of concentrating on black oppression studies in high school and gay and lesbian studies in college, perhaps you all should take a few econ/fincance courses.

Posted by: Hawk | March 2, 2009, 12:47 pm 12:47 pm

Grace – excellent post and I agree 100%!
I love it when Republican jagoffs say the most obnoxious, idiotic, offensive things and then whine that the rest of us aren’t “open minded” when we call them on their stupidity.
The hell with all Republicans and Cons – the rest of us are sick of their crap!

Posted by: Namaste | March 2, 2009, 12:48 pm 12:48 pm

Grace Note
Kudlow, Cramer and Santelli are all friggin IDIOTS who didn’t see the CDO trainwreck coming – they’re all clowns.
>>>>>>>>>>>>>> I see they point out whats wrong and therefore they are idiots? Funny they were not idiots yesterday.
Grace Note>>> I take the democrats very seriously. They are seriously delusional.
HOW many more trillions of wealth need to be destroyed before you see there is a problem that was caused by Democrats and Republicans? OH thats right democrats are never at fault. We can vote out our bad guys and democrats is the other guy. ROFL. You democratic supporters are absolutely hilarious.

Posted by: ChicagBob | March 2, 2009, 12:48 pm 12:48 pm

Everything Obama is doing would be fine if he wasn’t effectively strangling the private sector in the process but that is exactly what he is doing and you can only ask yourself why? You don’t increase the size of govt. without also trying to increase the ability of the private sector to grow and pay for it but that is exactly what Obama is doing. He is choking all efforts of the private sector to grow the economy in favor of complete govt. control and again you have to either assume he is totally stupid or that was his plan in the first place.

Posted by: NoMoreMr.NiceGuy | March 2, 2009, 12:49 pm 12:49 pm

“Let me be very clear on the economics of President Obama’s State of the Union speech and his budget. He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds. That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.”
I would now love to see the obama fan club try and tell us that Obama is good for the future growth of this country??

Posted by: Louisa | March 2, 2009, 12:49 pm 12:49 pm

you have to ask yourself the question are you better off since obama took over ?is the country better off?the presidents killing rich people has it made you better off? hes a failure i been making me a sign cant wait till the protest comes to texas

Posted by: david reyes | March 2, 2009, 12:50 pm 12:50 pm

“Grace – excellent post and I agree 100%!
I love it when Republican jagoffs say the most obnoxious, idiotic, offensive things and then whine that the rest of us aren’t “open minded” when we call them on their stupidity.
The hell with all Republicans and Cons – the rest of us are sick of their crap”!
Posted by: Namaste
I can see all the HIV-infested spittle covering your keyboard already! Outrageous and asinine comment, right? Now you know how the adults here feel.

Posted by: Hawk | March 2, 2009, 12:51 pm 12:51 pm

Hawk – and I keep telling you that you’re a moron and nobody cares about your far right hatespeech anymore. LOL

Posted by: Grace Note | March 2, 2009, 12:51 pm 12:51 pm

Until that happens you will be laughed out of the room by the rest of us. Don’t be such a damn crybaby. >>> ROFL he gives you facts and you call him a whiner. Thats right SILENCE all those that dont agree with you. You have nothing to intelligent to offer except name calling and you call him a whiner? ROFL Democrats its never my fault.

Posted by: ChicagBob | March 2, 2009, 12:51 pm 12:51 pm

I dare say that many of the pro Obama posters here would be contented to see the nation fall apart. There would be a sense of satisfaction if “all those rich people” lose everything. The ones looking for handouts have nothing to lose or so they think. Only problem is if the government falls apart it won’t have anything to give them either.

Posted by: mmonroeliveson | March 2, 2009, 12:52 pm 12:52 pm

Hawk WOW I cant help but crack up. This is what the opposition has to offer? They spew name calling. This may work at some rally where mindless boobs can yell over the speeches people make but it doesnt work on the net. You go Dave and Hawk…

Posted by: ChicagBob | March 2, 2009, 12:53 pm 12:53 pm

“Hawk – and I keep telling you that you’re a moron and nobody cares about your far right hatespeech anymore. LOL”
sticks and stones may break…uh, forget it, I can’t baby-talk all day with liberals who complained the sky was falling during the whole campaign and when it really is, just whistle past the graveyard because the socialist-in-chief has a (D) behind his name.

Posted by: Hawk | March 2, 2009, 12:54 pm 12:54 pm

mmonroeliveson >> You cant change stone. These people have all drank the koolaid and the democrats NEVER do anything wrong. ONLY republicans are evil. Ya gotta get some laughs out of this as we spiral into oblivion via the Obama express.

Posted by: ChicagBob | March 2, 2009, 12:55 pm 12:55 pm

Angie “See the Minute you ask a Republican what is their Suggestion they Drift away!”
there you go again, lies lies lies. The GOP poltiicians said that a stimulus was needed, but it should have only included things that actually went into the economy asap, including infrustructure spending, but be free from pork (i.e. renovating govt offices – not really necessary in a recession, I think we can all agree on that). They are dead against big govt growth, especially when there is no money to spend to grow the govt.
What else do you want to know????

Posted by: Louisa | March 2, 2009, 12:55 pm 12:55 pm

ChicagoBob – Nice try, dude, but you gave us OPINIONS, not facts… and rather stupid opinions, at that. See that’s the problem with you Republican dumbf–ks – you can’t tell the difference between facts and opinions anymore. And that’s why you keep losing elections and why nobody takes you seriously anymore.
The only one here with nothing intelligent to offer is YOU.
But, hey, I’m a decent, educated person, so I’ll give you one more chance… can you actually offer any solutions to the economic mess that Bush left behind him?
I’m still waiting for a Republican to offer some solutions…

Posted by: Stratocaster | March 2, 2009, 12:56 pm 12:56 pm

Guess you guys don’t like it when your Democratic Congressmen act so stupid or don’t you read?
July 11, 2008 –”The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added.Dodd, who chairs the Senate Banking Committee, said he had spoken earlier with representatives from the Federal Reserve, Treasury Department, the executives of Fannie Mae and Freddie Mac, as well as their regulator, the Office of Federal Housing Enterprise Oversight. He said he was reassured that the firms are “fundamentally sound,” have access to the capital markets, and have plenty of capital. “These two institutions are fundamentally, fundamentally strong,” Dodd said. “There’s no reason for the kind of reaction we’re getting.” Sept 11, 2003– ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Posted by: jschmidt | March 2, 2009, 12:56 pm 12:56 pm

Obama has always been a fairy tale and a roll or the dice!
But many bought his arrogant, seductive manipulative, obfuscating foreplay!
He is raping America, and the product of this immoral, unethical, criminal union will diminish the USA for generations! :(

Posted by: aware2u | March 2, 2009, 12:58 pm 12:58 pm

“Let me be very clear on the economics of President Obama’s State of the Union speech and his budget. He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds. That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.”
Just had to post this again because i see the obamabots dont respond when they get given some very hard facts about the state of our economy now under Obama. All they can do is blame republicans and how the GOP is doomed. Dream on.

Posted by: Louisa | March 2, 2009, 12:59 pm 12:59 pm

Lousia – nice try, but when the GOP was actually in power they actually spent billions of dollars on pork projects of their own. Another classic example of Republican hypocrisy and one more reason that nobody takes the GOP seriously about anything anymore.
What else do YOU want to know. LOL

Posted by: Grace Note | March 2, 2009, 1:00 pm 1:00 pm

Grace Note
You have proven my point yet again. Liberals are always about free speech until you start saying something they don’t want to hear.
Liberals are socialists who want to destroy this country in order to rebuild it under the utopian dream of the gov’t guaranteeing happiness. Here is a thought for the liberal traitors out there- if you want guaranteed happiness, please move to cuba, china, venezuala. Leave America alone!
You obamabots will still be singing barry’s praises as he leads this country right off of a cliff, all the while shouting ridiculous things like Bush lied, kids died!

Posted by: Dave | March 2, 2009, 1:00 pm 1:00 pm

I AM GOING TO ASK AGAIN WHAT ARE YOUR SUGGESTIONS CHICAGO BOB, DAVE, AND HAWK What do you suggest we do to clean up Bushes MESS?
LOUSIA The only thing The Republicans offered was their same old tired Failed TAX CUT THEORY! One can see it has not worked Republicans only Offered MORE OF THE SAME!

Posted by: Angie in PA | March 2, 2009, 1:01 pm 1:01 pm

Hawk – you said “I can see all the HIV-infested spittle covering your keyboard already!” Perhaps you’re trying to somehow make a link between HIV and liberals? Or, between HIV and gays? Regardless of your intent, HIV does not discriminate. It’s just as likely to infect open-minded individuals as it is to infect close-minded jerks such as yourself.

Posted by: Eric | March 2, 2009, 1:03 pm 1:03 pm

“ChicagoBob – Nice try, dude, but you gave us OPINIONS, not facts… and rather stupid opinions, at that. See that’s the problem with you Republican dumbf–ks – you can’t tell the difference between facts and opinions anymore. And that’s why you keep losing elections and why nobody takes you seriously anymore.
The only one here with nothing intelligent to offer is YOU.
But, hey, I’m a decent, educated person, so I’ll give you one more chance… can you actually offer any solutions to the economic mess that Bush left behind him?
I’m still waiting for a Republican to offer some solutions…
ChicagoBob – Nice try, dude, but you gave us OPINIONS, not facts… and rather stupid opinions, at that. See that’s the problem with you Republican dumbf–ks – you can’t tell the difference between facts and opinions anymore. And that’s why you keep losing elections and why nobody takes you seriously anymore.
The only one here with nothing intelligent to offer is YOU.
But, hey, I’m a decent, educated person, so I’ll give you one more chance… can you actually offer any solutions to the economic mess that Bush left behind him?
I’m still waiting for a Republican to offer some solutions”
Hi strat:
you still haven’t answered MY questions yet, and central to that is how incurring massively more debt is going to alleviate massive debt? But I DO see you you have mastered all the highbrow aspects of the English language…

Posted by: Hawk | March 2, 2009, 1:04 pm 1:04 pm

Louisa – um, those aren’t facts, hon, those are opinions.
Like I said to your fellow sore-loser Chicago Bob, you Republican dumbf–ks need to learn how to distinguish between fact and opinion if you want to be taken seriously now.
I know it’s going to be a hard adjustment for you. But maybe if you stop taking all your talking points from FOX News, Rush Limbutt and partisan retards like Santelli, you can finally learn to think for yourselves again and catch up with the rest of the country.
LOL

Posted by: Stratocaster | March 2, 2009, 1:04 pm 1:04 pm

Bush Lied Our Economy Died DAVE!

Posted by: Angie in PA | March 2, 2009, 1:05 pm 1:05 pm

Angie – why do you lie. I just told you what the the GOP were asking for, a less expensive stimulus bill, they asked for congress to put on hold all govt spending that wasnt totally necessary. unless your slightly braindead then i cant see any part of what i’ve said that doesnt tell you another solution to the problem. Tax cuts and NECESSARY SPENDING.

Posted by: Louisa | March 2, 2009, 1:05 pm 1:05 pm

stratocaster, hon, those opinions are echoed all over the business world, and by MOST (even the most liberal) economists.
I know its really hard for you to accept that Obama can do wrong, but he has and has proven that he’s just not up for the job of running this country during a recession.

Posted by: Louisa | March 2, 2009, 1:08 pm 1:08 pm

“stratocaster, hon”
Do we have a Baltimoron in the house?
And that HIV comment…whoever that was, if nobody’s gotten to her yet, your mother needs a swift kick to the uterus.

Posted by: silky | March 2, 2009, 1:11 pm 1:11 pm

david reyes
“are you better off since obama took over”
Yes. Obama isn’t killing the rich people. He’s raising their tax rate from 35% to 39%, and not until 2011. They can deal. They will be paying what they did under Bill Clinton.

Posted by: Amy | March 2, 2009, 1:12 pm 1:12 pm

“Hawk – you said “I can see all the HIV-infested spittle covering your keyboard already!” Perhaps you’re trying to somehow make a link between HIV and liberals? Or, between HIV and gays?Regardless of your intent, HIV does not discriminate. It’s just as likely to infect open-minded individuals as it is to infect close-minded jerks such as yourself”.
Actually, Eric, I was trying to make a point of how amusing liberals can be when trying to debate policy issues. (See “sarcasm” in Webster’s. That’s near “sex change operation” and on the opposite side of “abortion” in the dictionary so you know approximately where it is).
I mean, can you imagine a debate society showdown with one side employing “stupid,” “idiotic,” “jerks” as the tent posts of their arguments? But I see you haven’t employed that technique either in your response…

Posted by: Hawk | March 2, 2009, 1:12 pm 1:12 pm

“Though Obama has proclaimed that “this has never been about me — it’s about you” on the stump, these very actions are all about him and his increasingly apparent obsession with exaltation and a delusional quest for historic grandeur.”

Posted by: Louisa | March 2, 2009, 1:12 pm 1:12 pm

Stratocaster >> I dont have time to lay out what I would DO again. I have done so in previous blasts.. Fact that you cant deal with is Obama’s plans are a failure. We are at market level 1997. LOST Trillions of dollars and Obama is talking about more spending while we all get laid off. Thats the sad truth and not opinion.

Posted by: ChicagBob | March 2, 2009, 1:14 pm 1:14 pm

Hawk – Actually I did answer your question, but you were too economically illiterate to understand the reference, I guess. So, being that you’re clearly a dullard and a cretin with little understanding of how the world works, allow me break it down for you.
First of all, the main problem we’re facing isn’t public debt, it’s a loss of liquidity in the market that affects all aspects of the economy. Debt is a secondary problem.
We’re talking basic Keynesian economics here – when the private sector becomes starved of liquidity, the government can use the massive power of it’s own aggregate capital to restore liquidity to markets. Once that happens, a stalled economy will revive and the government – which has invested directly in key industries through bailouts – will be repaid dividends. This will help alleviate much of the initial outlay of public money.
Thanks for asking. Anything else you need explained today, son?
OWNED!

Posted by: Stratocaster | March 2, 2009, 1:14 pm 1:14 pm

lOUSIA
Thats why 40 Percent of the Stim bill is Republican pork Pet Projects!

Posted by: Angie in PA | March 2, 2009, 1:14 pm 1:14 pm

The Republiecan theme song is the one Groucho Marx sang in the movie Horsefeathers:
“No matter what it is I’m against it”
They have no solutions. The American public does not trust them. Their so-called leader is an oxycontin addict. They are represented by creeps like Larry Craig and Mark Foley.

Posted by: William J. LePetomane | March 2, 2009, 1:14 pm 1:14 pm

Saw a short clip from a Limbaugh show over the weekend. It was interesting to note that in that 15 second clip he made more sense than all of Obama’s speeches combined. Maybe he should be the official spokesperson and policy maker for the Republican Party.

Posted by: mmonroeliveson | March 2, 2009, 1:15 pm 1:15 pm

The Dems in Congress lied and our economy died. Go ask Barney Frank, Christopher Dodd and Franklin Raines.

Posted by: Bill | March 2, 2009, 1:16 pm 1:16 pm

“Louisa – um, those aren’t facts, hon, those are opinions.
Like I said to your fellow sore-loser Chicago Bob, you Republican dumbf–ks need to learn how to distinguish between fact and opinion if you want to be taken seriously now.
I know it’s going to be a hard adjustment for you. But maybe if you stop taking all your talking points from FOX News, Rush Limbutt and partisan retards like Santelli, you can finally learn to think for yourselves again and catch up with the rest of the country.
LOL”
Posted by: Stratocaster
Actually, um, Strat, I’m watching alot of financial channels and they are concurring that obama’s economic “plan” is pretty much a disaster. Oh, btw, where’s the smartest man in the room, what’s his name, Geithner? Haven’t heard from him in 19 days. Who’s in charge? Oh, and markets really
aren’t partisan…

Posted by: Hawk | March 2, 2009, 1:16 pm 1:16 pm

“I mean, can you imagine a debate society showdown with one side employing “stupid,” “idiotic,” “jerks” as the tent posts of their arguments?”
Lol. Yeah, it’s only “liberals” who do that. Snap out of it.
And the way more debt can get you out of debt? By “investing in the future.” Investing in new technologies. Investing in infrastructure. Investing in a more efficient manner of doing things that will result in lower healthcare premiums. Investing in efficiency. Putting the money back into the economy, rather than simply burning it in Iraq. For starters.

Posted by: silky | March 2, 2009, 1:17 pm 1:17 pm

Posted by: Hawk | March 2, 2009, 1:17 pm 1:17 pm

mmonroeliveson: Oh please God, make Limbaugh the head of the GOP! That’s the way to lead the party, like lemmings, off a cliff. LOL. He is a fat, loud mouth petty demagogue who wants this President to fail. He should be in jail for his drug crimes as well.

Posted by: William J. LePetomane | March 2, 2009, 1:17 pm 1:17 pm

Posted by: Hawk | March 2, 2009, 1:18 pm 1:18 pm

lOUSIA
Thats why 40 Percent of the Stim bill is Republican pork Pet Projects!
_______________
ha ha ha, thats really funny….

Posted by: Louisa | March 2, 2009, 1:18 pm 1:18 pm

“Fact that you cant deal with is Obama’s plans are a failure.”
Again…you seem to not be grasping the definition of “fact.”

Posted by: silky | March 2, 2009, 1:18 pm 1:18 pm

Stratocaster — Keynesian has never ever succeeded and you know that right?
Its a failed idea.
the liquidity was caused by mark to market. Its a paper problem and could be resolved by retooling that for a while.
Just because a property is upside down in value doesnt mean its worthless which is what Mark to market causes. If the values were frozen to pre 2009 date the banks would be liquid because the assets could be placed back on the books.
There are a bunch of other ideas that were floated before the insane TARP bill was pushed through by democratic crazies. But that would take an open mind and taking on the responsibility this mess. Which is not democratic policy. Democrats are never at fault right? Answer that one first.

Posted by: ChicagBob | March 2, 2009, 1:19 pm 1:19 pm

Again…you seem to not be grasping the definition of “fact.”>>> And you cant read the business section.

Posted by: ChicagBob | March 2, 2009, 1:20 pm 1:20 pm

MMONROE
Limbaugh is Running the Party thats why Republicans have an Approval Rating of about 37 Percent, But CNN has a story of Michael Steele you know the Man in Charge of your Party thats Gonna Make the GOP Off the Hook Baby, and Bring Some Hip Hop into the Gop hahah lolol Bashing Limbaugh Check it out On CNN!

Posted by: Angie in PA | March 2, 2009, 1:21 pm 1:21 pm

ChicagoBob – um, sure you do, dude, sure you do. Meanwhile, you still seem to think that Obama is somehow magically responsible for everything that happens on Wall Street – and you still expect that the rest of us take your nuttiness seriously? Good luck with that, dude. LOL

Posted by: Stratocaster | March 2, 2009, 1:22 pm 1:22 pm

lOUSIA
Im not Lying about the 40 Percent Gop Pork Jake Trapper is Running the Story on Political Punch!

Posted by: Angie in PA | March 2, 2009, 1:22 pm 1:22 pm

Limbaugh >> I hear this often what do you know about him? What has he said you disagree with? General personal attacks are a democratic specialty.

Posted by: ChicagBob | March 2, 2009, 1:23 pm 1:23 pm

Obama needs to listen to the American people and stop following Nancy Pelosi. Thank-you for the $13.00 a week was this also Nancy idea?

Posted by: Alex Heine | March 2, 2009, 1:24 pm 1:24 pm

Actually Stratocaster, the Keynesian Model is an extremely oversimplified item that needs micro-foundations [i.e. looking at the labor market, regulatory structure, etc] before you can prescribe any policies from it. Furthermore, I think the debt is the primary problem because it is the long-term structural flaw of our economy. This recession is a short run situation that will eventually pass. The debt will not pass without significant structural reforms to the federal government’s fiscal house of cards. Barry is proving to be an even worse steward of our fiscal situation than Bush.

Posted by: Joe C. | March 2, 2009, 1:24 pm 1:24 pm

Hawk – again, you confuse opinions with facts.
And Keynsian principles worked from the ’30s to the ’80s, so I’m not sure where you’re getting your nutty opinions from.

Posted by: Stratocaster | March 2, 2009, 1:24 pm 1:24 pm

Amy; Noticed your post stating that rich people can afford the tax increase. After all it’s only 4%. 4% of $250,000 is $10,000. That’s $10,000/yr less they’ll have to apply to their costs of living. Do you not understand that people who EARN more generally have more and bigger bills than those of modest income? They will feel the loss of 4% of their income just as the guy who makes $10,000/yr would feel the loss of 4% of his income.

Posted by: mmonroeliveson | March 2, 2009, 1:24 pm 1:24 pm

Angie in PA
I can almost picture you in the 60′s at some ridiculous anti-war rally led by Hanoi jane. Hippies like you cost millions of Vietnamese to be slaughtered at the hands of the communist north after America left prematurely.
Thank God you people did not succeed in causing America to lose in Iraq, too. I will certainly give liberals an “A” for effort though.

Posted by: Dave | March 2, 2009, 1:25 pm 1:25 pm

Obama is somehow magically responsible for everything that happens on Wall Street – and you still expect that the rest of us take your nuttiness seriously? Good luck with that, dude. LOL >>>>>>
Stratocaster You DID not answer my question did you? Instead you go for cheap personal attacks. Politics of personal destruction.
Democrats are never at fault right? Answer that one first.

Posted by: ChicagBob | March 2, 2009, 1:27 pm 1:27 pm

Boy howdy, does dave love him some war.

Posted by: silky | March 2, 2009, 1:27 pm 1:27 pm

Chicago Bob
I am Mad at the Democrats for Giving into The Bush/Paulson Scam, But with Paulson on his Knees Begging Pelosi and Bush saying It would be an Economic Disaster to Let the Banks Fail once again they Fell for Bush and His fear Mongering Lies Just like Iraq!

Posted by: Angie in PA | March 2, 2009, 1:27 pm 1:27 pm

And Keynsian principles worked from the ’30s to the ’80s, so I’m not sure where you’re getting your nutty opinions from.
Stratocaster ??? You are so nuts.
Cater failure Johnson Failure
FDR failure. You want to go on?

Posted by: ChicagBob | March 2, 2009, 1:28 pm 1:28 pm

Keynesian principles did not exactly work to well in the 1970s.

Posted by: Joe C | March 2, 2009, 1:29 pm 1:29 pm

Dave
I was Not born in the 60S I was Born in 1970

Posted by: Angie in PA | March 2, 2009, 1:29 pm 1:29 pm

Joe C – and yet just about every economist out there on both sides of the aisle agrees that a massive Keynsian-type stimulus package is what the economy needs right now. Go figure. LOL

Posted by: Stratocaster | March 2, 2009, 1:29 pm 1:29 pm

All the Economist Ive Heard said we Need this Stimulis This is Not an Ordinary Recession that will End on its Own!

Posted by: Angie in PA | March 2, 2009, 1:32 pm 1:32 pm

“Hawk – Actually I did answer your question, but you were too economically illiterate to understand the reference, I guess. So, being that you’re clearly a dullard and a cretin with little understanding of how the world works, allow me break it down for you.
First of all, the main problem we’re facing isn’t public debt, it’s a loss of liquidity in the market that affects all aspects of the economy. Debt is a secondary problem.
We’re talking basic Keynesian economics here – when the private sector becomes starved of liquidity, the government can use the massive power of it’s own aggregate capital to restore liquidity to markets. Once that happens, a stalled economy will revive and the government – which has invested directly in key industries through bailouts – will be repaid dividends. This will help alleviate much of the initial outlay of public money.
Thanks for asking. Anything else you need explained today, son?
OWNED!”
Oh, thanks for the lesson. Let’s see, 4 trillion dedicated to “restorign liquidity” and the markets are down again today 250 points. It all makes sense now…

Posted by: Hawk | March 2, 2009, 1:33 pm 1:33 pm

Joe C. – only fools think that one economic strategy is the answer to all problems. Think of economics as a toolkit – and right now, economists across the political spectrum seem to agree that a Keynsian stimulus package is the right tool for the job right now…

Posted by: Stratocaster | March 2, 2009, 1:33 pm 1:33 pm

Silky
Put down your copy of the communist manifesto. Believe me, despite what your dear leader barry O tells you, socialism/communism doesn’t work!

Posted by: Dave | March 2, 2009, 1:33 pm 1:33 pm

Hey strato:
what the hell do you do for a living? I’m just trying to see how that will translate into a new government job somehow….

Posted by: Hawk | March 2, 2009, 1:36 pm 1:36 pm

We’re talking basic Keynesian economics here – when the private sector becomes starved of liquidity, the government can use the massive power of it’s own aggregate capital to restore liquidity to markets. Once that happens, a stalled economy will revive and the government – which has invested directly in key industries through bailouts – will be repaid dividends. This will help alleviate much of the initial outlay of public money.
Thanks for asking. Anything else you need explained today, son?
OWNED!
_____________________
owned….are you 12 or something?
keynesian economics has failed everytime it has been used. And its only going to work if the public sector can grow to back up the massive spending. Again, dream on if you think during a ‘crisis’ like this that tanking the public sector beyond repair just so you can create your keynesian economic agenda is a really great idea, then your on your own.

Posted by: Louisa | March 2, 2009, 1:36 pm 1:36 pm

ChicagoBob – nice try, dude. But you can’t refute the fact that Keynsian principles were the dominant economic model during America’s most prosperous era – even Ike embraced the model. Nice try, dude.

Posted by: Stratocaster | March 2, 2009, 1:37 pm 1:37 pm

Draw your own conclusions!
http://www.breitbart.com/article.php?id=D96M09BO0&show_article=1
WASHINGTON (AP) – The White House is the place to be on Wednesdays.
Since the presidency changed hands less than six weeks ago, a burst of entertaining has taken hold of the iconic, white-columned home of America’s head of state. Much of it comes on Wednesdays.
The stately East Room, where portraits of George and Martha Washington adorn the walls, was transformed into a concert hall as President Barack Obama presented Stevie Wonder with the nation’s highest award for pop music on Wednesday.
A week before that, the foot-stomping sounds of Sweet Honey in the Rock, a female a cappella group, filled the East Room for a Black History Month program first lady Michelle Obama held for nearly 200 sixth- and seventh-graders from around the city.
Cocktails were sipped during at least three such receptions to date, all held on Wednesdays.
Bookending the midweek activity were a Super Bowl party for select Democratic and Republican lawmakers and a dinner for governors, the new administration’s first black-tie affair. It was capped with a performance by the 1970s pop group Earth, Wind and Fire. And a conga line.
The flurry of entertaining is in keeping with the Obamas’ promise to make the White House a more open place for everyone.
The governors’ dinner was “a great kickoff of what we hope will be an atmosphere here in the White House that is welcoming and that reminds everybody that this is the people’s house,” Obama told the state chief executives after they had dined on Maryland crab, Wagyu beef, Nantucket scallops and citrus salad.
“We are just temporary occupants. This is a place that belongs to the American people and we want to make sure that everybody understands it’s open,” he said.

Posted by: jschmidt | March 2, 2009, 1:37 pm 1:37 pm

How is it that the stock market can recognize the deathgrip socialism places on economic growth far better then the obamabots on this post can. All they can say is hope!change!hope!change!
These people have truly lost their minds.

Posted by: Dave | March 2, 2009, 1:38 pm 1:38 pm

The Republicans Here on Board DAVE,CHICAGO BOB,HAWK
All agree we should do things the Same the Same as we have been Doing for the last 8 years, They fail to Realize the Results of those Policies And the Mess our Country is in Because of them They why they Cant relate to Most on Board!

Posted by: Angie in PA | March 2, 2009, 1:38 pm 1:38 pm

Actually Stratocaster, Perhaps Ms. Pelosi should take your advice. The stimulus package went far beyond simply softening the blow of the recession and increasing aggregate demand. As you say, “only fools think that one economic strategy is the answer to all problems” — and only fools believe that only big government can solve all problems.

Posted by: Joe C | March 2, 2009, 1:40 pm 1:40 pm

MMonroe wrote: “Amy; Noticed your post stating that rich people can afford the tax increase. After all it’s only 4%. 4% of $250,000 is $10,000.”
Yes, but the 4% increase is only on the amount OVER $250K, not on the ENTIRE $250K. Big difference. Example: someone earns $260,000 in a year, under the current tax, they would pay 35% of $260,000, or $91,000. Under the new tax, they would still pay 35% of the $250,000 ($87,500) plus 39% of $10,000 ($3900) for a total of $91,400 in taxes. So this person would see an increase of $400 under the new plan, or just over $33 per month in additional tax. I can understand how someone making a quarter million dollars or more would be furious at this exorbitant increase…..(OK, that was sarcastic, I admit).

Posted by: SearamblerOne | March 2, 2009, 1:44 pm 1:44 pm

You think ALL economists are for obama’s plan….
“The Obama administration has claimed that virtually all economists support their approach to “stimulus” spending. This is patently untrue. Nobel Laureates Ed Prescott, James Buchanan, and Vernon Smith recently joined 200 other economists signing a letter opposing the legislation. Other notable economists critical of the stimulus package include Nobel Laureate Gary Becker, as well as Robert Barro, Greg Mankiw, Arthur Laffer, and Larry Lindsey. Martin Feldstein, who had been the only notable conservative economist loudly supporting the stimulus, has since changed his mind.
More liberal economists such as Alice Rivlin and Alan Blinder have also strongly criticized certain aspects of the spending bill.”

Posted by: Louisa | March 2, 2009, 1:45 pm 1:45 pm

Lousia
How about that 40 Percent of Republican pork, Oh and How about Mccain champion Of the Bailout Bill to Wall St that also Contained Pork MCCAIN ANTI-PORK Suspended his Pathetic campaign To rally a Bill Loaded with Pork!

Posted by: Angie in PA | March 2, 2009, 1:48 pm 1:48 pm

Stratocaster- I think you’re overlooking the fact that everytime we got out of a recession with the Dems it was due to a war. WWII, Korea, Vietnam- all wars that got us out of a recession.

Posted by: jschmidt | March 2, 2009, 1:49 pm 1:49 pm

I am Mad at the Democrats for Giving into The Bush/Paulson Scam, But with Paulson on his Knees Begging Pelosi..
>>>>>>>>>>>
ME TOO Angie ME TOO. I called my democratic senator and congressmen and was told this had to be done. WELL Angie? They lied to me.

Posted by: ChicagBob | March 2, 2009, 1:50 pm 1:50 pm

Chicago Bob
I Do Support Obama But Pelosi has to Go I dont Like her!

Posted by: Angie in PA | March 2, 2009, 1:52 pm 1:52 pm

Keynsian principles were the dominant economic model during America’s most prosperous era – even Ike embraced the model.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Stratocaster WELL AGAIN you did not answer my question about democrats.
And this statement is not based ON ANY facts. You know that and what can when someone wont even acknowledge fact.
A large majority of economists have already stated Keynsian is a total failure. WHO believes it but the democrats.

Posted by: ChicagBob | March 2, 2009, 1:53 pm 1:53 pm

Angie in PA wrote: “lOUSIA
Im not Lying about the 40 Percent Gop Pork Jake Trapper is Running the Story on Political Punch!”
Actually, that’s referring to the Omnibus Spending Bill which funds the govt. thru September. It’s a $410 billion dollar bill, of which $7.7 billion is earmarks. 60% of those earmarks were added by the Dems, 40% were added by the GOP. Overall, earmarks account for less than 2% of the bill.

Posted by: SearamblerOne | March 2, 2009, 1:54 pm 1:54 pm

I Do Support Obama But Pelosi has to Go I dont Like her! >>>>
Well we 1/2 agree anyway or maybe Obama is being lead by Pelosi? Who knows but I cant agree with massive spending that as you can see by the market reaction is a dismal failure. Where is Obama anyway? On a day when the economy is tanking. Where is he? He should be on every network not talking about health care but telling us how we are going to grow out of this mess. He is required to reassure all of us that things will be OK. He really needs to SHELVE everything until the economy stabilizes. He wont have anyone on the top to tax if the DOW keeps going down.

Posted by: ChicagBob | March 2, 2009, 1:58 pm 1:58 pm

jschmidt – interesting point you make about war. So with Dems using Keynsian principles, war allievates recessions… yet with Republicans using Friedmanite principles, war gets us into recessions… looks to me like the Dems still come out ahead. LOL

Posted by: Stratocaster | March 2, 2009, 2:02 pm 2:02 pm

Since my democratic congressmen have failed me by delivering TARP and the stimulus that was rushed through that isnt working shouldnt I throw him out of office? Shouldnt I pay people to campaign against them? Isnt that the logical choice when your representative stops representing you and his choices are total failures?

Posted by: ChicagBob | March 2, 2009, 2:02 pm 2:02 pm

Louisa – I couldn’t care less what a discredited clown like Laffer thinks… and liberal critics of the spending package are critical because they think Obama isn’t spending ENOUGH. Nice try, but I’m not impressed by a bunch of failed neolib Friedmanites desperately clinging to their failed economic ideology. Neoliberalism has been a disaster everywhere it’s been tried – it doesn’t create wealth, it just creates a mechanism for concentrating the wealth in the hands of the wealthiest while decimating governments and civil society and leaving social chaos in its wake.

Posted by: Stratocaster | March 2, 2009, 2:06 pm 2:06 pm

ChicagoBob – why should your Democratic Congressman care what a partisan Republican wackjob like you thinks about anything? Don’t you clowns get it yet – you are in the MINORITY now because you FAILED and your leaders LIED to us. Until you come to terms and take responsibility for your party’s failures, the rest of us DO NOT CARE what you think about anything. Get it? Duh!

Posted by: Stratocaster | March 2, 2009, 2:10 pm 2:10 pm

SearamblerOne
Thanks for the tax explanation. It’s kind of sad we get clearer information in the comments section of a blog than from the mainstream media. News websites just report the “politics” of the issues, he said, she said, instead of giving us facts! Thanks for your info.

Posted by: Amy | March 2, 2009, 2:14 pm 2:14 pm

Stratocaster >>> So when you are broke you go out and borrow, if you can get money, until you can borrow any more. You dont create look for a job or in this case create an environment for business to grow instead you look to borrow more money. This is your position of a policy that works?
>>>Neoliberalism failed economic ideology.>>> But so far its effects have been far better than the Keynsian model.
Maybe there needs to be a new way of thinking? What if government said they were not going to spend, in fact SHRINK government, balance the budget and hey give tax breaks to companies whos taxes are nothing more than a regressive tax on anyone who buys that good or service.
What about that?

Posted by: ChicagBob | March 2, 2009, 2:16 pm 2:16 pm

Don’t you clowns get it yet – you are in the MINORITY >>> I SEE HOW THIS WORKS
so when you were the minority your opinion doesnt matter? BY the way I am not a republican. I am a conservative and vote that way.
>>>your leaders? My congressman?? Hes a democrat. And you are a complete democratic hack Been nice to see the whack job on the other side. You wont even answer the question if Democrats fail. WHICH SPEAKS VOLUMES about your character and honesty.

Posted by: ChicagBob | March 2, 2009, 2:19 pm 2:19 pm

Stratocaster>>>> wouldn’t know a good idea if it hit him in the head. He is too busy being a faithful democrat.

Posted by: ChicagBob | March 2, 2009, 2:20 pm 2:20 pm

ChicagBob
You are eight years too late. Should have tried it when you had a Republican President and Congress. By the way, why didn’t they?

Posted by: Amy | March 2, 2009, 2:22 pm 2:22 pm

Chicago Bob
In a Recession Like this You can Give all the Tax Breaks you want to Businesses, Most Businesses are in the RED So It doesnt Mean they still Wont Lay off or Hire New, they will Probably take that Extra Money Pay Off Debt and Rebuild their Business.

Posted by: Angie in PA | March 2, 2009, 2:22 pm 2:22 pm

“The Republicans Here on Board DAVE,CHICAGO BOB,HAWK
All agree we should do things the Same the Same as we have been Doing for the last 8 years, They fail to Realize the Results of those Policies And the Mess our Country is in Because of them They why they Cant relate to Most on Board!”
you’re confusing “Reublican” with “conservative”. It’s like my confusing “liberal” with “gay” or “democrat” with “weak, naive” I certainly do NOT agree with Bush’s spending spree and have voiced up against that. That is “conservative”. “Weak” and “naive” is like Clinton giving the PA a billion dollars we don’t have to show how much “we care” with the caveat that hamas doesn’t get any of that money. Naive is charging the UN with that task. Oh, that’s right, that is synonymous with “liberal”.

Posted by: Hawk | March 2, 2009, 2:22 pm 2:22 pm

I think that the critics of Mr. Obama need to ease up and give him a chance already! The man has inherited some huge messes and it seems kind of unfair to root for his failure so early in the game. I guess some people are more interested in perpetuating their partisanship than in finding solutions to the mess that we’re in.

Posted by: Danica | March 2, 2009, 2:24 pm 2:24 pm

More like Obama is trying sneak it all through as quick as possible before people catch on and that first tax bill. (Hint: it is going to be the working class that is hit hardest by Obama’s BS. $250,000 my butt.)

Posted by: PresGov | March 2, 2009, 2:26 pm 2:26 pm

Hawk – oh give it a rest and stop whining. Just because you wingnuts are running away from the Bush legacy doesn’t mean that aren’t a bunch of Republican diehards.
If you’re not a Republican, then tell me who you voted for in the last election?
LOL

Posted by: Hammer and Tongs | March 2, 2009, 2:30 pm 2:30 pm

“I think that the critics of Mr. Obama need to ease up and give him a chance already! The man has inherited some huge messes and it seems kind of unfair to root for his failure so early in the game. I guess some people are more interested in perpetuating their partisanship than in finding solutions to the mess that we’re in.”
Posted by: Danica | Mar 2, 2009 2:24:22 PM
1. stop saying obama inherited this mess when he is clearly exacerbating it, and using it as a very clear attempt to impose socialist policies on this country (“Si se peude”, or “yes we can” was the motto used by many subversive socialist groups in Latin America).
2. can we stop giving him a chance when we are finally communists and he has fulfilled exactly what conservatives have been saying before he was “elected”, when liberals said conservatives were being paranoid?
3. Anybody who believes in free-market capitalism as the greatest engine of lifting able-bodied individuals from the status of impoverished to “wealthy” (see the many stories of immigrants to this country, but interestingly, not welfare recipients), hopes this glib, smug marxist fails.

Posted by: Hawk | March 2, 2009, 2:32 pm 2:32 pm

This is why we all voted for Obama.
Republican sore losers need to stop whining – they had their shot at running things and look at the mess they made.
Obama won – and he is delivering on his platform. This is what America wants.
Get over it, whiners.

Posted by: Quintana Roo | March 2, 2009, 2:34 pm 2:34 pm

Posted by: Dave | Mar 2, 2009 11:55:12 AM
“I totally agree with “silky”; Dave, You’re Funny!”
I say; “Funny, yes. But if you’re
rehearsing for a ‘stand-up role’ – you fail miserably.”

Posted by: bobj72 | March 2, 2009, 2:34 pm 2:34 pm

“Hawk – oh give it a rest and stop whining. Just because you wingnuts are running away from the Bush legacy doesn’t mean that aren’t a bunch of Republican diehards.
If you’re not a Republican, then tell me who you voted for in the last election?
LOL
Posted by: Hammer and Tongs”
I voted for the lesser of two evils. Geez, for all the talk of worshipping “nuance” you liberals still believe if you hate what obama stands for you must LOVE, drooling all over ourselves (look in the mirror and say “obama”)the other side.

Posted by: Hawk | March 2, 2009, 2:35 pm 2:35 pm

ABC has become the mouthpiece of rush limbaugh…move over fox, there is a new idiot in town, considering your background is in anything but economics-WHY should we take your “editorial comment seriously?”

Posted by: cowgirl | March 2, 2009, 2:37 pm 2:37 pm

Strato- this subprime recession was caused by Congress, both sides, and Democratic polcies going back to 70s when CRA passed by COngress said banks would only be able to expand if the lent to reline districts, hence many unqualified borrowers. It was considered racism to not lend to those districts, combine that with securitization and repeal of Glass Stegal under Clinton and the Republican congress and you have the build up to the mess we are in. Add to that the brilliance of the head of the Senate Banking committee Chris Dodd, our wonderful Senator from CT, my state, who said on July 11, 2008, last year- “The economics are fine in these institutions and people need to know that,” Dodd said. There’s no reason “to talk about failure,” he added.Dodd, who chairs the Senate Banking Committee, said he had spoken earlier with representatives from the Federal Reserve, Treasury Department, the executives of Fannie Mae and Freddie Mac, as well as their regulator, the Office of Federal Housing Enterprise Oversight. He said he was reassured that the firms are “fundamentally sound,” have access to the capital markets, and have plenty of capital. “These two institutions are fundamentally, fundamentally strong,” Dodd said. “There’s no reason for the kind of reaction we’re getting.”

Posted by: jschmidt | March 2, 2009, 2:37 pm 2:37 pm

Obama won – and he is delivering on his platform. This is what America wants. >>>
dow 6,854.09 401K’s and unemployment rising and a President who keeps telling us we are living in DOOM and GLOOM.
This might be what you voted for but I voted for a centrist. NOT a leftist.

Posted by: ChicagBob | March 2, 2009, 2:42 pm 2:42 pm

ChicagoBob – hey, speaking of good ideas – I’m still waiting for you Obama-bashers to offer just ONE new idea to fix the economic mess that the GOP’s failed economic policies created. It sure is easy to whine and criticize when you’ve got nothing to offer, isn’t it Bob. One more reason the GOP is out of power right now. LOL

Posted by: Stratocaster | March 2, 2009, 2:43 pm 2:43 pm

jschmidt … dont waste the typing Strato doesnt care about facts. All he wants to say is dems are right and you are wrong..

Posted by: ChicagBob | March 2, 2009, 2:43 pm 2:43 pm

It would be SO CRUEL to report THIS under the Title: “BIRDS OF A FEATHER ……” But…
Posted by: Hawk | Mar 2, 2009 2:22:55 PM
“The Republicans Here on Board DAVE,CHICAGO BOB,HAWK All agree we should do things the Same the Same as we have been Doing for the last 8 years, They fail to Realize the Results of those Policies And the Mess our Country is in Because of them They why they Cant relate to Most on Board!”
you’re confusing “Reublican” with “conservative”. It’s like my confusing “liberal” with “gay” or “democrat” with “weak, naive” I certainly do NOT agree with Bush’s spending spree and have voiced up against that. That is “conservative”. “Weak” and “naive” is like Clinton giving the PA a billion dollars we don’t have to show how much “we care” with the caveat that hamas doesn’t get any of that money. Naive is charging the UN with that task. Oh, that’s right, that is synonymous with “liberal”.

Posted by: bobj72 | March 2, 2009, 2:46 pm 2:46 pm

Republicans Approval Ratings have Slipped to 35 Percent Meanwhile President Obamas Approval Rating Has Increased to 67 Percent Just goes to Show People DO NOT WANT THE SAME!

Posted by: Angie in PA | March 2, 2009, 2:46 pm 2:46 pm

“this subprime recession was caused by Congress, both sides, and Democratic polcies going back to 70s when CRA passed by COngress said banks would only be able to expand if the lent to reline districts”
This is simply not true. It is a favorite bedtime story spread by right wing liars, but it is simply not true. If the mainstream media did its job, and educated people about economics, this rumor would not have any traction. But people don’t understand what the mortgage companies and banks have been doing, so they are willing to believe the Democratic effort to help poor people buy homes is what is behind the collapse. I have read extensive and reputable sources about this issue, and it turns out this is not true. You have lost whatever credibility you had with me, jschmidt.

Posted by: Amy | March 2, 2009, 2:47 pm 2:47 pm

Obama knows what he’s doing, he’s doing what he thinks is best for America and I agree with him. And the fools who call his proposals socialist need to look at a dictionary because socialism is government taking control of means of production and distribution, clearly not what Obama is doing (for the record Lindsey Grahm of South Carolina, a conservative Republican wants to nationalize the banks).
Cutting taxes for poor and middle class and raising on the rich who pay less proportionally is not socialist it is called a more progressive tax first created by Teddy Roosevelt, a Republican.
And bailouts- not Obama’s idea, it was Bush’s idea and these bailouts are loans not grants, AIG and the others have to give us back our money.
Healthcare= universal health care, not socialized medicine, theres a difference. UHC is government subsidized and regulated health care, different than in Canada and the UK and France.
Staunch liberal-nuts also went crazy when Reagan was president and the sky didn’t fall, and it’s not falling now. You lost, get over it and get out of the way.

Posted by: Paul | March 2, 2009, 2:47 pm 2:47 pm

Hawk – so you voted Republican in the last election. Tell me again how you’re not a Republican? LOL
And ChicagoBob – how stupid do you think the rest of us are? You’re no more of a “centrist” than Newt Gingrinch or Trent Lott. It’s clear from your cumulative posts that you’re another dyed-in-the-wool partisan Republican ideologue just like your silly little butt buddy Hawk.
I’m a REAL moderate and an independent – and I am proud to say that I voted for Obama. Maybe if you Republicans weren’t so ashamed of your recent record, you wouldn’t have to lie and try to disguise your party affiliations?
It’s pathetic and transparent. Grow up.

Posted by: Hammer and Tongs | March 2, 2009, 2:48 pm 2:48 pm

So the Republican noise machine is already trying to undermine President Obama? When will they learn that this kind of garbage is EXACTLY why they lost the last two elections. If Republicans keep up their usual partisan nonsense, the rest of us are going to bury the GOP and their partisan hate machine once and for all.

Posted by: Claire | March 2, 2009, 2:51 pm 2:51 pm

WOW I voted for Obama last election because I thought he was smart and could do a good job. I was wrong and all the accounts of him were right. Hes a leftist and his ideas are old and tired. So if that makes me a republican so be it. But when someone runs on tax cuts then starts spending like a drunken sailor without regard for the effects on the economy, all the while starting a campaigning on fear, Then so be it. I CAN NOT agree with this mans policies.
DO ANY OF you besides Angie think Democrats make mistakes? SHOULD they be removed from office because of it?

Posted by: ChicagBob | March 2, 2009, 2:56 pm 2:56 pm

jschmidt – horsecrap. The deregulatory agenda and ideology that got us into this mess was a REPUBLICAN agenda, led by Republicans. Remember, it was John McCain’s good friend Phil “mental recessiom” Gramm was led the charge to repeal the Glass-Stealgall Act which was a key bulwark against the kind of shenanigans like Credit Default Swaps that got us into this mess. Some Dems have supported this, but the overall ideology of fiscal deregulation was a key Republican platform since the Reagan era.
Stop trying to spread the blame and take some damn responsiblity for the failure of the GOP’s fiscal policies.

Posted by: Stratocaster | March 2, 2009, 2:57 pm 2:57 pm

Hammer and Tongs OH another name calling personal destruction brain dead democrat.
Hows that for name calling? I can do it to. It sure helps your point. Just because you dont agree you act the fool

Posted by: ChicagBob | March 2, 2009, 2:57 pm 2:57 pm

ChicagoBob – give it up. Nobody is buying that you ever voted for Obama.
Your partisanship is transparent and pathetic.

Posted by: Hammer and Tongs | March 2, 2009, 3:00 pm 3:00 pm

Hammer and Tongs .>>> Do you have a point or is your rhetoric just brain dead name calling? WOW democrats can never admit when they are wrong.

Posted by: ChicagBob | March 2, 2009, 3:03 pm 3:03 pm

“DO ANY OF you besides Angie think Democrats make mistakes? SHOULD they be removed from office because of it?’
Well, I’d give Obama a little more than two months before removing him from office? Wouldn’t you?

Posted by: Amy | March 2, 2009, 3:03 pm 3:03 pm

ChicagoBob – I see that you have alot of irrational anger towards Democrats. Did it ever occur to you that maybe if you treated others with respect, they would treat you the same way? This is a basic tenet of civilized society that seems to elude alot of rightwingers these days. What’s funny is that you’re just as irrational and narrowminded as you accuse Democrats of being. The only difference between you and them is that they’re in the majority now, and you aren’t. Kind of ironic, isn’t it?

Posted by: Mister Hayes | March 2, 2009, 3:04 pm 3:04 pm

“Hawk – so you voted Republican in the last election. Tell me again how you’re not a Republican? LOL
And ChicagoBob – how stupid do you think the rest of us are? You’re no more of a “centrist” than Newt Gingrinch or Trent Lott. It’s clear from your cumulative posts that you’re another dyed-in-the-wool partisan Republican ideologue just like your silly little butt buddy Hawk.
I’m a REAL moderate and an independent – and I am proud to say that I voted for Obama. Maybe if you Republicans weren’t so ashamed of your recent record, you wouldn’t have to lie and try to disguise your party affiliations?
It’s pathetic and transparent. Grow up.”
Posted by: Hammer and Tongs | Mar 2, 2009 2:48:29 PM
Just like you voted for obama but are not gay, at least by your use of “butt buddy”. Anyway, how can I say this so even you’ll understand? obama is horrible for everything this country has stood for, like the ability to ascend from poverty to wealth if you work your ass off your whole life and apply yourself, like I did, and stop listening to race baiters/class warfarists and such that foment hatred and say you deserve more so instead of working for it, take it. Why aren’t you people all riled up about the ridiculous pay for Hollywood? Why is 12 dollars a movie (aka obama’s “tax cut/week) being protested? How is an actor making 20 million dollars in 3 months okay but a doctor, who spent many years studying and working 80-100hrs a week on resident’s pay while libs were out partying in college, making 250,000/year not okay? Yous see the inherent hypocrisy on the left? I hate obama, and find myself increasingly incredulous at the justification his supporters are using for this extreme power grab he’s attemting under the guise of “recovery”. Hense, I did not vote for McCain, I voted against obama, and FOR America as the greatest welath-creator in the world, or was.

Posted by: Hawk | March 2, 2009, 3:07 pm 3:07 pm

I don’t get it – President Obama was elected with a CLEAR MANDATE to do exactly what he’s doing now. This is the platform he ran on and he’s doing exactly what he promised – and the American people still approve overwhelmingly. So why is this a news story? Must be a slow news day…

Posted by: Erin McCloskey | March 2, 2009, 3:07 pm 3:07 pm

Amy,
Well, I’d give Obama a little more than two months before removing him from office? Wouldn’t you? >>>>>
If he didn’t blow a trillion dollars with a promise it was going to fix everything I would be glad to see how this was going to work out. BUT he rushed this bill through without regard or due diligence on the effect. That wasn’t rational nor was it right. I didn’t vote for erratic behavior did you?
Mister Hayes >>>> I have been called several names while just posting my point of view. I guess it works both ways dont you think?

Posted by: ChicagBob | March 2, 2009, 3:09 pm 3:09 pm

Nice meltdown Hawk – I guess I struck a nerve. Tell me again how you’re not a Republican, but you vote for Republicans? Give it a rest, dude – you already played yourself. You lose. Do not pass go. Do not collect your stimulus check. Dumb arse. LOL

Posted by: Hammer and Tongs | March 2, 2009, 3:10 pm 3:10 pm

: Erin McCloskey I seem to recall voting for a man that was going to deliver tax cuts and be a centrist. Not spending us into oblivion.

Posted by: ChicagBob | March 2, 2009, 3:13 pm 3:13 pm

ChicagoBob – It sure does, but you seem to be the only one whining about it like a big baby. Grow up and stop being such a hypocrite. Sheesh!

Posted by: Mister Hayes | March 2, 2009, 3:13 pm 3:13 pm

Hammer and Tongs >>> Dumb arse. LOL >>>
Genius shear genius.. Your such an effective debater.

Posted by: ChicagBob | March 2, 2009, 3:14 pm 3:14 pm

ChicagoBob – Sorry, friend, but I do not believe for one minute that you voted for Obama. Please stop lying. Thanks!

Posted by: Erin McCloskey | March 2, 2009, 3:16 pm 3:16 pm

Chicago Bob
With all respect to You, You and Hawk have been asked What suggestions do you have? And Please enough with the Tax cuts we Know Republican want Tax Cuts,Other Then the Traditional TAX CUT What do you Suggest our President Do to Try and Fix Bushes Mess?

Posted by: Angie in PA | March 2, 2009, 3:17 pm 3:17 pm

Grow up and stop being such a hypocrite. Sheesh!??? >>> OK explain your point? I cant say I think Obama is a mistake? I cant say that I think there is blame to share and its not just republicans?
If you say anything critical your a hypocrite? How does that work???

Posted by: ChicagBob | March 2, 2009, 3:18 pm 3:18 pm

HAWK
What do you suggest TAX CUTS?

Posted by: Angie in PA | March 2, 2009, 3:19 pm 3:19 pm

strato-http://www.businessweek.com/magazine/content/08_40/b4102000409948.htm
MARIA BARTIROMO
Mr. President, in 1999 you signed a bill essentially rolling back Glass-Steagall and deregulating banking. In light of what has gone on, do you regret that decision?
FORMER PRESIDENT BILL CLINTON
No, because it wasn’t a complete deregulation at all. We still have heavy regulations and insurance on bank deposits, requirements on banks for capital and for disclosure. I thought at the time that it might lead to more stable investments and a reduced pressure on Wall Street to produce quarterly profits that were always bigger than the previous quarter. But I have really thought about this a lot. I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch (MER) by Bank of America (BAC), which was much smoother than it would have been if I hadn’t signed that bill.
Phil Gramm, who was then the head of the Senate Banking Committee and until recently a close economic adviser of Senator McCain, was a fierce proponent of banking deregulation. Did he sell you a bill of goods?
Not on this bill I don’t think he did. You know, Phil Gramm and I disagreed on a lot of things, but he can’t possibly be wrong about everything. On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I’d be glad to look at the evidence. But I can’t blame [the Republicans]. This wasn’t something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [commercial banks] to go into the investment banking business as Continental European investment banks could always do, that it might give us a more stable source of long-term investment.

Posted by: jschmidt | March 2, 2009, 3:19 pm 3:19 pm

Amy; If this worldwide financial crisis is not centered around foreclosed homes, homes people couldn’t afford, please enlighten us as to what it’s about. Why then are foreign banks adopting the policy of never again investing in the U.S. mortgage industry if bad mortgages written in the U.S. are not at the core of the problem?

Posted by: mmonroeliveson | March 2, 2009, 3:21 pm 3:21 pm

Hammer and Tongs,
You mean your Marxist Socialist welfare check, dude!
Enjoy the $ 13 and the Kool-Aid!

Posted by: Sam Adams | March 2, 2009, 3:21 pm 3:21 pm

It appears as if many of the GIMME NOW and WELFARE IS GREAT OBAMA-LOVER crowd is out in full force.
If Socialism is so great, go to Cuba!

Posted by: John Hancock | March 2, 2009, 3:23 pm 3:23 pm

“I don’t get it – President Obama was elected with a CLEAR MANDATE to do exactly what he’s doing now. This is the platform he ran on and he’s doing exactly what he promised – and the American people still approve overwhelmingly. So why is this a news story? Must be a slow news day…
Posted by: Erin McCloske”
Erin:
if you recall obama was very nebulous on exactly what he was going to do. Do you think if he said he was going to propose a 4 trillion dollar budget that includes, among other things, tattoo removal and that the markets would repsond by diving 20% (so far) and that he sure as hell was going to increase all kinds of taxes many of which will get tranferred to the middle class, that he would have been elected? Incredible.

Posted by: Hawk | March 2, 2009, 3:23 pm 3:23 pm

Bob – I would just like to point out that not only does nobody believe your lies about voting for Obama, or care about your poor widdle hurt feewings… but that your grammar and spelling are not up to an adult level. For future reference, you’ve confused “shear” with “sheer” – shear refers to seperating cool, wool or other materials from another material, while sheer is an adjective that implies scale.
Also, you need to learn the difference between “your” and “you’re”.
All in all, you’re having a very weak showing here today, Bob. Very poor indeed…

Posted by: Hammer and Tongs | March 2, 2009, 3:24 pm 3:24 pm

“the ability to ascend from poverty to wealth if you work your ass off your whole life and apply yourself, like I did,”
You have a lot in common with Obama, he did the same thing!
Some people will never make $250,000 a year, but their contributions to our society are arguably greater than a hedge fund manager. Level of income is not a good indicator of a person’s value. Teachers, cops, mechanics, electricians, farmer workers, nurses, etc, you get it, the middle class, are what fuel our economy and productivity. No one can argue that the the top 1% haven’t increased their share of the wealth over the last eight years, and the middle class have seen their incomes go down. It’s time to repeal the Bush tax cuts and invest in the middle class: address their health care, extend employment insurance, make college more affordable. Our society is wealthier when the middleclass is healthy.

Posted by: Amy | March 2, 2009, 3:24 pm 3:24 pm

And Please enough with the Tax cuts >>>
Angie in PA we went through this yesterday and the fact is you cant spur investment without making the reward worth the risk or delivering benefit.
So targeted tax cuts as you know is something I am all for. You know how I want to CUT corporate taxes. WHY? I already explained that.
You also know I want to alter the mark to market or suspend it for a time.
You also know I want to alter education.
I went through a bunch of this already.
And I am not against the infrastructure spending as a short term catalyst.
So because I think I have posted it many times I am not going to try again.
You dont believe it works. If you hold the line on spending tax cuts increases revenue by growing the economy.
Its worked several time and time again. What broke down this time? Lots of things that congressional over site ignored.

Posted by: ChicagBob | March 2, 2009, 3:25 pm 3:25 pm

Hawk – um, no, Obama was never “nebulous” on what he planned to do. He was, in fact, just the opposite – he laid out his policies clearly, cleanly and carefully and he is delivering on just what he promised during the campaign.
It’s not our fault if you weren’t paying attention. The time for willful ignorance is over – time to wake up, stop complaining and get to work.

Posted by: Erin McCloskey | March 2, 2009, 3:28 pm 3:28 pm

http://www.occ.treas.gov/crainfo.htm
The CRA was enacted in 1977 to prevent redlining and to encourage banks and thrifts to help meet the credit needs of all segments of their communities, including low- and moderate-income neighborhoods. It extends and clarifies the longstanding expectation that banks will serve the convenience and needs of their local communities. The CRA and its implementing regulations require federal financial institution regulators to assess the record of each bank and thrift in helping to fulfill their obligations to the community and to consider that record in evaluating applications for charters or for approval of bank mergers, acquisitions, and branch openings.

Posted by: jschmidt | March 2, 2009, 3:29 pm 3:29 pm

Hammer and Tongs >> i hope you forgive my poor grammar I am a product of Chicago public education. So your tact is to belittle me. Is that your job? You have nothing to say about the market. You are just empty words that I am not responding to again. Thanks for the grammar lesson

Posted by: ChicagBob | March 2, 2009, 3:29 pm 3:29 pm

Erin McCloskey >>> ROFL never did I see such a comical post The media fawned all over Obama, that didnt bother me but after the election was over I heard they didnt know much about him. The media didnt know much about him? Then what were they so happy about?

Posted by: ChicagBob | March 2, 2009, 3:31 pm 3:31 pm

“Chicago Bob
With all respect to You, You and Hawk have been asked What suggestions do you have? And Please enough with the Tax cuts we Know Republican want Tax Cuts,Other Then the Traditional TAX CUT What do you Suggest our President Do to Try and Fix Bushes Mess?
Posted by: Angie in PA”
How about STOP SPENDING?
How are you and the rest of the deluded “Americans” we call liberals avoiding the elephant (oops, I mean, jackass) in the room if it was all you could do to complain about Bush “wasting” all kind of money fighting the war on terror? Wasn’t that a big part of your lives for the last eight years, I mean, fighting for terorists rights to blow real Americans up without being hindered by expensive efforts to prevent them? Remember how you all complained about how Bush ran up a trillion dollars in the WOT in 8 years? I mean, it’s not as noble as spending 4T in 40 days to repeatedly bail out companies that should be allowed to fail, and spending millions of fish obstructions, tattoo removal, and studies on swine odor. Well, I guess the last is a good thing because we don’t want the future jihadists being offended by swine smell…

Posted by: Hawk | March 2, 2009, 3:32 pm 3:32 pm

Hawk – um, you’re full of crap, dude. Complete crap. Nice try.

Posted by: The Bro-ham | March 2, 2009, 3:32 pm 3:32 pm

Posted by: mmonroeliveson | Mar 2, 2009 1:15:16 PM
monroe, You said; “Saw a short clip from a Limbaugh show over the weekend. It was interesting to note that in that 15 second clip he made more sense than all of Obama’s speeches combined. Maybe he should be the official spokesperson and policy maker for the Republican Party.”
______________________________
monroe, how low will you go to curry favor? You continue to “shuffle, scratch your head & stoop???” Supporting Rush Limbaugh as Your GOP/NeoCon Leader??? Even with him (limbaugh) restraining himself at the “APAC (Republican/NeoCon) Obama HATE-FEST” this past weekend. You should have known it wouldn’t be long before he “Put that Michael Steel BACK IN HIS PLACE!” (The VERY NERVE, voting in that Black Guy as the Chairman of the RNC!!!)

Posted by: bobj72 | March 2, 2009, 3:33 pm 3:33 pm

bobj72
Please quit using “”"”",,,,,;;;:”;:: all of the time.
You can just as easily defend barry O and his socialist ideas without all of the;;”’:”::”.

Posted by: Dave | March 2, 2009, 3:34 pm 3:34 pm

Hawk Way to go!
The Bro-ham |>>> Again your retort was so educated.

Posted by: ChicagBob | March 2, 2009, 3:34 pm 3:34 pm

Hawk – sorry, but you Republicans don’t get to play the “stop spending” card any more after you spent the last 8 years throwing away our money like drunken sailors. That horse has already left the barn, and now it’s time to clean up the mess – and clean ups cost money.

Posted by: Robert Singerman | March 2, 2009, 3:36 pm 3:36 pm

Angie in Pa: I couldn’t help noticing what a dither you’re in over ChicagoBob. I don’t know what his response will be as to what the president should do but my suggestion is that he should accept the fact he’s been dealt a bad hand and stop trying to bluff his way through a loser. In other words live to fight another day. Doing nothing at all, or in poker terms folding out ’til the next deal, would make more sense. The economic future of this country is a lot to gamble. As long as the principles of supply and demand prevail, and they will as long as there are people on this earth, the economy will right itself without any tampering required.

Posted by: mmonroeliveson | March 2, 2009, 3:37 pm 3:37 pm

“Hawk – um, no, Obama was never “nebulous” on what he planned to do. He was, in fact, just the opposite – he laid out his policies clearly, cleanly and carefully and he is delivering on just what he promised during the campaign.”
Posted by: Erin McCloskey
Oh, you mean when he promised to “carefully look after each and every dollar we spend” and veto every earmark?
Oh, that’s right, in liberoworld the sky is green, water flows uphill, criminals are victims, obscure is clear, a lie is the truth, and paying taxes is patriotic (unless you’re in obama’s cabinet).
oh, btw, good joke:
we all know obama is jesus except for one thing, what is it?
Jesus could assemble a cabinet.

Posted by: Hawk | March 2, 2009, 3:38 pm 3:38 pm

ChicagoBob – stop whining, pollyprissypants – you sound like some wimpy little nerd who lost his favorite star wars figure. Man up, take the peener out of your mouth and stop being such a gayass beeyotch!

Posted by: The Bro-ham | March 2, 2009, 3:42 pm 3:42 pm

Is it reasonable to say that spending a trillion dollars in 40 days is irresponsible? Obama came into office and starting spending and all he talks about is spending more. The economy is very soft as we all know and he is talking about taking more from business. Is that sane? Is that even justified in this economy?
You cant use the 8 year argument any more. He has spent more in 40 days than Bush did in 8 years.
Here is what you can look at.. Market
6,771.50 down almost 300 points we are back to the levels before 1997.
We have lost trillions. Is any of the rash moves (less than 40 days) justified? If anyone can see how Obama is helping, please show me cause all I see is more layoffs and an economy shrinking faster and faster.

Posted by: ChicagBob | March 2, 2009, 3:44 pm 3:44 pm

“Hawk – sorry, but you Republicans don’t get to play the “stop spending” card any more after you spent the last 8 years throwing away our money like drunken sailors. That horse has already left the barn, and now it’s time to clean up the mess – and clean ups cost money”.
Posted by: Robert Singerman
Again, hilarious. I hated that Bush spent like a drunken sailor trying to outdo the democrats in competing for the affection of the left. Also, “let me be absolutely clear” (as obama like to lie): republicans are not, at least lately, conservatives, and I am a conservative. And finally, again, now it’s okay to spend because obama’s doing it? Ah, I now see how liberals can live with themselves. Denial. (BTW, markets almost closed, markets’ confidence in obamas economic brilliance : -256.79)

Posted by: Hawk | March 2, 2009, 3:44 pm 3:44 pm

The Bro-ham >>>> ROFL another educated democratic response. You made up names I have never heard. Good one.

Posted by: ChicagBob | March 2, 2009, 3:45 pm 3:45 pm

Hawk – nice rant, but your facts are all wrong. If you had paid attention during the election, and actually read Obama’s platform, you would see that his his current agenda is completely consistent with his platform.
It’s not my fault you choose to remain an ignorant, lying, loudmouth.
Stop complaining and educate yourself and maybe decent people would take you seriously.

Posted by: Erin McCloskey | March 2, 2009, 3:45 pm 3:45 pm

Hawk I too was glad to see Bush go. His spending and the spending of the republicans while they were in charge was crazy. It was crazy then and its crazy now. Why cant democrats understand that?

Posted by: ChicagBob | March 2, 2009, 3:47 pm 3:47 pm

Hawk – question: if you hated Bush’s spending, what did you do about it? Did you vote for him in 2004?

Posted by: Hammer and Tongs | March 2, 2009, 3:49 pm 3:49 pm

Erin McCloskey >>> So you want your childrens children burdened with this debt? You want to pay taxes indirectly through fees so the poor the middle class and the rich can can share in this burden right? Cap and trade is nothing bur a regressive tax. So is raising corporate tax. Corporations dont have the luxury of printing money.

Posted by: ChicagBob | March 2, 2009, 3:50 pm 3:50 pm

mmonroeliveson
The conclusion I have come to is that barry wants us to fail. He and Michelle hate what America stands for, and they both feel it needs to be DRASTICALLY reshaped.
One does not sit comfortably in rev wright’s anti-American, anti-Israeli, pro-palestinian church for 20 years and not agree with what he was saying. Michelle’s “I have never been proud of my country” comments were not gaffes, they were her true feelings.
Bottom line, barry is extremely intelligent and he knows EXACTLY what he is doing. He wants America the way it is to fail, so that it can be rebuilt under the leadership of the federal gov’t, using marxist principles. Why else would barry say in Dreams From My Father “in college I sought out the marxist professors”.
Barry is a marxist and we can only hope that the public will rise up and toss him out or that the republicans will regain some control in 2010 to stop this insane power grab that the liberals are reaching for right now.

Posted by: Dave | March 2, 2009, 3:50 pm 3:50 pm

Bobj; I think Limbaugh is a joke, a talk show host. We know where he’s coming from, and probably where he’s going. Obama is our president and a good song and dance man. He’s a street hustler with a Harvard law degree. Nobody, including you, knows his mind. Based on the things he’s done already he can’t be trusted with the purse strings. Therefore the far more dangerous of the two is Obama. Talking about Limbaugh is just a distraction. Trillions, sir, trillions of dollars of debt without any guarantees. Pure gambling.

Posted by: mmonroeliveson | March 2, 2009, 3:54 pm 3:54 pm

Mr. Obama says he wants to usher in a new era of personal responsibility. If that were true than he would curtail the laws that allow innocent infants to be killed through abortion and infanticide. Yet, he is doing the opposite. In his own words, “I don’t want my daughters punished with a baby”. His idea of personal responsibility is not only to destroy life (is infanticide anything other than that?), but to make others do it against their will. Some other historic figures come to mind when I think of that.
Mr. Obama’s idea is to control everything, because his arrogance tells him, he knows best. In his own words from the State of the Union address: “The U.S. budget released today isn’t just a budget. I see it as a vision for America — as a blueprint for our future.” With it, Mr. Obama becomes the economy’s Architect-in-Chief. (Quote from WSJ).
His vision is not a path towards light. Our country is the greatest country on earth. Yes, we have some fixing to do. However, Mr. Obama’s blueprint, I suspect will render the same results of his idea of personal responsibility.

Posted by: jim | March 2, 2009, 3:58 pm 3:58 pm

Furthermore, Obama is a street pimp and a crack dealer dressed up in a Brooks Brothers suit. He can’t be trusted with the economy because, like the jumped up ghetto thugs that rule rap music, he will spend all our money on bling, guns, Escalades and b–tches. This is how blacks signal their status and why they don’t know how to invest their money. He is like a street corner gambler doubling down on a game of C-Lo – drunk on malt liqour and the taxpayers dollars. Like most blacks Obama only cares about dressing well, driving a flashy car and raping white women. I assure you, sir that he will eventually install a rape room in the Oval Office and have his way with dozens of white interns, just like that sick lothario Bill Clinton. Blacks cannot be trusted to run a civilization. Just look at Robert Mugabe.

Posted by: mmonroeliveson | March 2, 2009, 4:02 pm 4:02 pm

jim – nobody cares what you anti-abortion nuts think anymore. Stop trying to force your morality on the rest of us. We’re sick of it.

Posted by: Dave | March 2, 2009, 4:06 pm 4:06 pm

mmonroeliveson Now thats just wrong..

Posted by: ChicagBob | March 2, 2009, 4:07 pm 4:07 pm

Bob – too late, my grandkids will already be saddled with debt from Bush’s failed war in Iraq. How come you weren’t so concerned about generational debt when Bush was the one incurring it? Nice try…

Posted by: Erin McCloskey | March 2, 2009, 4:10 pm 4:10 pm

monon
Is RACISIT What a Slime

Posted by: Angie in PA | March 2, 2009, 4:11 pm 4:11 pm

Dave
Barry was the only sitting senator to oppose mandatory treatment for BABIES born alive resulting from botched abortions, when he voted twice against the “Infant Born Alive Act”. Nurses were testifying that live babies were being taken to die of starvation with the other already ripped apart babies.
Barry defended his votes by saying
“It will uuuhhhh only make the uuuhhhh mother revist her uuhh original decision” and “it will uuhh inconvenience the doctor”.
I am not a far-right, anti-abortion advocate in early pregnancies, but barry defended murder and you obamabots that support him are just as bad.

Posted by: Dave | March 2, 2009, 4:14 pm 4:14 pm

I think it’s a shame that the GOP had to kowtow to the PC crowd and install another flashy street pimp negro hustler as GOP Chairman just because the Dems gave the game away to one of these jumped-up Harvard blacks. The bottom line is that White people built America and made it great and now we’re giving the game away to a bunch of socialist apes who don’t know what it means to work for a living! Pretty soon the whole country is going to look like Harlem or Zimbabwe or some other third world disaster where the blacks run things. America is all over!

Posted by: mmonroeliveson | March 2, 2009, 4:15 pm 4:15 pm

MOMONROELIVESON
Its the Ilk of People like You that destroy this Great Country, You My friend are a complete SLIMEY RACISIT PIECE OF S!

Posted by: Angie in PA | March 2, 2009, 4:19 pm 4:19 pm

Dave – nobody friggin cares. Abortion is such a ’90s issue. We’ve got bigger problems now.

Posted by: cowgirl | March 2, 2009, 4:22 pm 4:22 pm

White people are evil and they are cause for all of the troubles in the world. They should have to pay reperations to not only african-Americans, but to all minorities who have felt the wrath of the greedy white man. Obama is a good start for these reparations. We need to take from those who have and give to those who have not.

Posted by: Angie in PA | March 2, 2009, 4:23 pm 4:23 pm

I applaud Obama.. He is doing what must be done… The wealthy greed in this countr is to blame for all th eshort comings, and we are going to rebalance the country and give the working class its strength back.
I voted for Obama to make these types of decisions and I am proud that I did… I knew republicans would just practice status quo and our coutnry would be in worse shape todfay if mcCain was president, republicans have no respect for anyone who is not insanely welathy or a religous zealot

Posted by: Obama is doing a great job | March 2, 2009, 4:23 pm 4:23 pm

STOP USING MY USER NAME MORON PIECE OF S

Posted by: Angie in PA | March 2, 2009, 4:25 pm 4:25 pm

Dave; How long did it take you to catch on? Terms like “fundamentally” and “foundations” are the things he has consistently said are wrong. Foundations (the constitution) and fundamentals of society (the bill of rights) must be torn down before he can remake America to conform to his vision. Right now he’s busily overstressing the financial commitments of the government while those who receive benefits are holding his feet to the fire to meet those obligations. Failure of the government is thereby assured.

Posted by: mmonroeliveson | March 2, 2009, 4:25 pm 4:25 pm

Cowgirl
Well, do you think the starving baby who was born this morning being ripped from his mother’s womb in a failed abortion attempt would agree with you? As he or she lies on top of dismembered babies starving to death, I bet he or she would say it’s a 2009 issue, wouldn’t you?

Posted by: Dave | March 2, 2009, 4:27 pm 4:27 pm

mmon – hahahaha! You said it, friend! These mushbrained PC liberals have really done it this time – they let their white liberal guilt overcome their common sense, and now we’re going to be stuck with a smooth-talking black hustler and his Marxist posse running our great nation into the ground. I always knew the PC negro-lovers would take their minority-worship too far one day!

Posted by: Hawk | March 2, 2009, 4:28 pm 4:28 pm

Angie; Yes this country is pure evil and so is the white man. You could of course be in the Congo, oppressed, starving, diseased and fearing genocide. In America you have unlimited opportunity and protection from discrimination…for now.

Posted by: mmonroeliveson | March 2, 2009, 4:32 pm 4:32 pm

I hate to cut and paste, but this is for mmonroelives on and jschmidt.
“While no one should shed any tears over the collapse of these two giants – the top management and shareholders got what they deserved – it is equally ridiculous to lay the blame for the financial crisis on the shoulders of Fannie and Freddie.
The underlying problem was the housing bubble, which Alan Greenspan allowed to grow unchecked and, arguably, actively promoted. The bubble was accentuated by the willingness of banks to ignore normal prudential standards in issuing mortgages and to make loans that they knew could not be paid off by the borrowers. And, of course, leveraging themselves to the sky guaranteed full-fledged disaster
Banks would issue these loans because they knew they could dump them into the secondary market where securitizers would peddle them off to suckers all round the world. This is where Fannie and Freddie came in. They purchased many of the junk mortgages issued by banks in the years 2005 to 2007. According to the Flat-Earthers, this makes Fannie and Freddie the cause of the current crisis.
There is one basic problem with the Flat Earth story: Fannie and Freddie jumped into the junk mortgage market because they were trying to keep pace with the private issuers of mortgage-backed securities. Fannie and Freddie made a conscious decision to dive into the junk in order to protect their market share, which was being seriously eroded by the aggressive tactics of private giants like Citigroup and Merrill Lynch.”
http://www.alternet.org/workplace/102964/the_flat_earthers_try_to_pin_financial_meltdown_on_fannie_and_freddie/

Posted by: Amy | March 2, 2009, 4:38 pm 4:38 pm

Someone is posting racist posts under my name.

Posted by: mmonroeliveson | March 2, 2009, 4:40 pm 4:40 pm

Amy; Junk is still junk no matter who is selling it or buying it.

Posted by: mmonroeliveson | March 2, 2009, 4:42 pm 4:42 pm

The posts at 4:02 and 4:15 are not my work. Someone has stolen mmonroeliveson.

Posted by: mmonroeliveson | March 2, 2009, 4:48 pm 4:48 pm

okay, just so you guys know: that last posting purportedly by me was not, but an imposter. While I DO believe so many blacks voted for obama out of finally having the chance, no matter what he does to our country, I rarely use the term “negro” except when reading classic literature, and I don’t mean Karl Marx. That said, I still note liberals, using very twisted “logic”, justify the huge and reckless budget outlays by obama by pointing to Bush’s profligate ways, as if by agreeing Bush was completely irresponsible will somehow make us all feel better that obama has recently surpassed him. Again, the rather simple point is lost on all these liberals: if you bite the hand that feeds you (creates jobs and prosperity), you lose said food, and instead will subsist on government cheese, like they do in Cuba.

Posted by: Hawk | March 2, 2009, 4:49 pm 4:49 pm

Posted by: mmonroeliveson | Mar 2, 2009 4:15:23 PM
QUICKLY, monroe did you write the Outlandish Comment attached to this Post Time???

Posted by: bobj72 | March 2, 2009, 4:52 pm 4:52 pm

Whoever is posting under my name probably doesn’t understand that I am a black man myself. But alas, that is even more reason for some to despise my lack of support for the things the present administration is doing to our country.

Posted by: mmonroeliveson | March 2, 2009, 4:53 pm 4:53 pm

Bobj; No. I’d never go that far.

Posted by: mmonroeliveson | March 2, 2009, 4:55 pm 4:55 pm

“Someone is posting racist posts under my name”.
Posted by: mmonroeliveson
Doing the same with my name. Something tells me it is some really clever liberal trying a very intelligent and wiley manuever to smear conservatives, like that liberal newscaster did to Foxnews host John Gibson, supposedly comparing Attorney General Eric Holder to a monkey with a “bright blue s-crotum.” Everyone knows incompetent monkeys do not have bright blue s-crotums since they would have been weeded out by natural selection. Holder does not have a bright blue s-crotum, according to Marc Rich.

Posted by: Hawk | March 2, 2009, 4:56 pm 4:56 pm

How can you possibly have an intelligent and mature discussion with someone who would “hide behind a veil of secrecy” by anonymously hiding behind some other parties Name??? Do you also DO “BLACK FACE?” What COWARDISE!!! (The same TYPE wore “Pointed and Hooded Sheets!!!”)

Posted by: bobj72 | March 2, 2009, 5:04 pm 5:04 pm

Strike when the iron is hot… Republicans are in disarray and will be for some time to come…I don’t expect them to be viable until the economy improves…People are hurting and Republicans just don’t get it…

Posted by: indy_voter | March 2, 2009, 5:17 pm 5:17 pm

I’m glad my post of 5:04 was posted. I was beginning to think ABC News was complicit in the “Fake Discussion!”

Posted by: bobj72 | March 2, 2009, 5:18 pm 5:18 pm

mmonroelives
I think you have said before that you are black and I forgot. I just wanted to say that you are the man. You have obviously seen through the liberal bologna and have recognized that the party of welfare is really the party of the new form of slavery. Slavery through welfare keeps blacks down and keeps democrats in power.
I am sure that you have had to take a lot of heat for your beliefs (some of the names I have heard mike steele, clarence thomas,ect be called by the “open minded” liberas are disgusting) and I hope you keep up the good fight!
Thank you mmonroeliveson!

Posted by: Dave | March 2, 2009, 5:24 pm 5:24 pm

Posted by: Hawk | Mar 2, 2009 4:56:16 PM
hawk, your gravation toward mocking Mr. Holder, together with your comment re: “negro lovers” is reprehensible, ignorant and outdated. Any person (other than those with a “racial agenda”) who would present themselves as being “in touch socially” since the 1950′s would KNOW….. Any “N – Word” preceding “Lover”……. WAS NOT intended to be interpreted as negro!!!

Posted by: bobj72 | March 2, 2009, 5:28 pm 5:28 pm

bobj72
Holder is just another liberal who INSISTS on throwing around the issue of race to further his own agenda. Here is a piece of advice for you mr. bob- be very leary of people who make a living/name for themselves off of racism. Without it, they cease to have a career, don’t they?
Furthermore, MLK was a republican and the segregationist/KKK members were DEMOCRATS (senator byrd, wallace ect).
The democrats were the ones who fought tooth and nail to keep slavery alive.
Check you history books mr bob, liberals didn’t get the black vote until the 60′s free your mind, let your pants hang down, crap hit. Ever since then, blacks’ #’s relative to whites in marriage, housing, education, literacy, crime have fallen drastically.
Liberals began shoving welfare/entitlements down their throats and blacks have been in shackeles ever since.
Wake up bob.

Posted by: Dave | March 2, 2009, 5:40 pm 5:40 pm

I for one will be glad if the stock market collapses.
The scale of “white collar crime” in there is just too much. I think the President is right in sending them into a state of panic.
I have just finished reading the Post- Rnron report and it us shocking what a lot of these traders get to in order to get excessive bonuses.
What happened to honesty. I don’t condone laziness but for far too long hardworking citezes like alot of you on this site don’t get paid a fair salary and yet a lot of these people gamble with our pensions on the marketfloor.
If anything can happen to shake the confidence of these rogue traders I am all for it.
And by the way the President’s approach is not socialism – it is a common sense approach to prevent a state of anarchy.
I know the people I interact with are angry at how the stockbrokers have contributed to messing the economy. What I am puzzled about is are the Republicans blind to this fact? Surely not – When the dust settles there will be consequences – mark my word.
I am an independent and I owe no allegiance to any party – oh and by the way does anyone know if the country will be contributing towards the cost of rebuilding Iraq??

Posted by: Pammy | March 2, 2009, 6:15 pm 6:15 pm

Posted by: Dave | Mar 2, 2009 5:40:23 PM
Why do I have a sneaking suspicion you are the culprit mocking MONROE using his Username to spew your “Pig Sty Racist crap!” You, the illiterate who fails to comprehend English Punctuation!!!
And incidentally, MONROE you should Beware of Wolves in Sheep clothing! Same way the RNC Chairman is being castigated by “The Leader of the GOP!”

Posted by: bobj72 | March 2, 2009, 6:34 pm 6:34 pm

DAVE, your Agenda comes across “Loud and Clear” in EVERY COMMENT you post to this board. You are the classic virulent, hate-filled bore, my friend. You should wake-up to the fact that such Hatred is really debilitating.

Posted by: bobj72 | March 2, 2009, 6:42 pm 6:42 pm

Why are brown cows FORCED to produce white milk by their farm masters?
It is a racist plot to marginalize the brown cow community.

Posted by: MO | March 2, 2009, 8:11 pm 8:11 pm

PETV demands that broccoli murders stop now. Mammals must stop the devouring of broccoli, asparagus, and other sensient Vegetables under the guise of health asnd nutrition.
Eat white meat instead!

Posted by: People ffor the Ethical Treatment of Vegetables | March 2, 2009, 8:20 pm 8:20 pm

Hi libs, I’m back. Just wanted to see if you checked on the obama-induced diminution of your 401K yet, from your jobs in social work or whatever useless thing it is you do. Just wanted to respond to the following:
“I for one will be glad if the stock market collapses.
The scale of “white collar crime” in there is just too much. I think the President is right in sending them into a state of panic.
I have just finished reading the Post- Rnron report and it us shocking what a lot of these traders get to in order to get excessive bonuses.
What happened to honesty. I don’t condone laziness but for far too long hardworking citezes like alot of you on this site don’t get paid a fair salary and yet a lot of these people gamble with our pensions on the marketfloor.
If anything can happen to shake the confidence of these rogue traders I am all for it.
And by the way the President’s approach is not socialism – it is a common sense approach to prevent a state of anarchy.
I know the people I interact with are angry at how the stockbrokers have contributed to messing the economy. What I am puzzled about is are the Republicans blind to this fact? Surely not – When the dust settles there will be consequences – mark my word.
I am an independent and I owe no allegiance to any party – oh and by the way does anyone know if the country will be contributing towards the cost of rebuilding Iraq??”
Posted by: Pammy | Mar 2, 2009 6:15:41 PM”
1. I swear, I agree, whatever happened to honesty. I mean, can’t obama even staff his cabinet with anyone who DOESN’T cheat on his taxes?
2. Socialism, look it up: from those that are productive to those who decided to sit on their asses in college, get crappy grades, and nurture the ability to blame everyone else for the fact that they don’t have a job up to their satisfaction.
3. I’m sure we’ll be contributing alot less to rebuilding Iraq as is being given to a. Hamas (I know, it’s supposed to be given to the PA but puleese, it’s being distributed by the UN), and b. the amount of open ended funds provided for our armed forces to call terrorists back from the relatively stable, open areas of Iraq, to cross the border back into Afghanistan and fight in terrain where the Soviets, obama’s model for governing, couldn’t even win against the taliban after 10 years, and they really DID know how to torture…

Posted by: Hawk | March 2, 2009, 8:59 pm 8:59 pm

Hey, someone said something about being insensitive re: Eric Holder’s bright blue s-crotum and “negro” or something. Hey, isn’t it Holder who said we should not be “cowards” when discussing race. Hey, I don’t have ANY problem repeating that Holder CANNOT have a bright blue s-crotum because these are reserved for alpha males. Incompetent primates would have been already weeded out by natural slection and most definitely would NOT have a bright blue s-crotum. Anyway, this discussion was engendered by a liberal “newscaster” trying to impute a doctored statement to FoxNews’s John Gibson, so I thought I’d expound upon the “newscaster”‘s obvious subconscious racist tendencies.

Posted by: Hawk | March 2, 2009, 9:16 pm 9:16 pm

No one thought Obama would get to be president, when he set out for it either. I think it’s time that the country focuses on what principals are important. What changes are needed .. and we simply focus on supporting this. If we are clear in our intentions, and our motives are true, we finally have a president who will help bring equality, health, and justice back into the country. We’ve got a lot of work to do. We might as well start out running!! I’m excited!
Unfortunately, many in the Republican party have represented themselves to be in the party of greed, corruption, selfish egoism, ineptitude, environmental destruction, anger, racism, and hatred. How ironic that so many of them like to thump their bibles so much. The right has become so morally wrong! If we want peace in our world we must let the egos down and start working together. Eventually these republicans are going to make such a fool out of themselves (repeating history), that they end up making Obama’s job easier. The thing is, we have to remember to help the president do what we elected him to do. The voice of the people does account for a lot. But only when we truly make our voices heard.

Posted by: Aria | March 3, 2009, 2:42 am 2:42 am

The White House is “caught off guard by the strictures of government bureaucracy.” I love the smell of irony in the morning. Or anytime, really.

Posted by: Jim Treacher | March 9, 2009, 3:09 pm 3:09 pm

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