Democrats on the Defensive, Republicans Resurgent

Axelrod, Gibbs, Jarrett, Emanuel
How long did Obama think he could last with the Chicago political cesspool surrounding him, before even his own party walked away in disgust?
Obama and his inner circle care about one thing–power.
The MSM went along like little lapdogs giving them even more power, instead of being our watchdogs.
Newsflash to the Obama bubble and the MSM.
You work for us.
We have the power.

Why aren’t you folks in the media telling the public more specifically about the reasons behind why the banking system is still at huge risk instead of peddling what Washington spin doctors are saying about the economy?
A small group of US banks still sit at a gambling table each month and place bets (derivatives) with one another on which way things like interest rates will go.
They play the game using our deposits and the bail out tax money given to them by our government officials. The betting game they play isn’t reviewed for safety with a clearing house like it is with the stock or options markets. No one is checking on the players to see if they can actually pay off their bets if they lose. And the game isn’t regulated by anyone. It’s a private game where the banks use our money as collateral to get loans that are many times the money we have on deposit with them. Since it’s a private game there are no rules that dictate how much they can borrow against our deposits, unlike the rules they impose on us when we want to borrow from them. Then, they take our money and the loans they obtain with our money to gamble with other banks involved in the high stakes, private gambling game. Since no government agency gets to see the game (it’s not a regulated market) and no industry oversight exists (no clearing house) anything goes. Some estimates put the pot in this game at $ 180 plus trillion in the US and around $ 600 trillion world wide. These are amounts that stagger the imagination and most certainly are outside of the financial capabilities of any government from a bail out perspective.
If anyone of the players were to welch (default) on their bet with the other players in the game there would be a domino effect of defaults between all the players. As they all play with borrowed funds and no player can actually cover their bets if they lose more than they win. So one has to wonder if they were to fail and the price tag was so high that no government could bail them out, then how safe is our money that’s deposited with them? Why aren’t depositors in those banks being told that the banks are gambling with their money? Are there really enough funds in the FDIC to refund every depositor all of their money if all these guys failed at once? Why aren’t you guys in the media putting pressure on Congress and the President to get these banks out of the gambling game they played before the crisis and continue to play to this day? And why aren’t you reporting on this? Naming names? Showing us how many trillions these guys are each betting every month? Why aren’t you providing us with the truth? Isn’t that your job?
Isn’t that more important than the dribble you are publishing about which politician says what about the other one. They are all just pandering to emotions of their camps instead of solving real problems. Why can’t you stay focused on the issues instead of their dribble.

Spend more
Tax more
Borrow more
Obama’s solution to America’s problems.
Is it any wonder 3 out of 4 Americans are angry with the government?
Republicans
also spent too much.
But unlike Obama, they learned a lesson from Scott Brown. They are now listening to us, and know the consequences if they don’t listen.
What didObama learn from MA?
He needs to spend more money, increase taxes, just needs to talk more because we are too stupid to understand his brilliance.

jhw=Obama? just sayin! Do you really have nothing better to do than sit on this site and defend Obama till your blue in the face? This goes way beyond personal for you and I can’t figure out why.

Obama is losing Independents
He’s losing Democrats too.

Obama is losing Independents
He’s losing Democrats too.
Posted by: Patterson | Feb 8, 2010 1:56:35 PM
________________________________
Not true. For one thing, the President’s approval rating has been right around 50% for the past few months – not slipping. Gallup has it at 51% today.
And support among Democrats for the President is in the 80% range.

“And Congress is bleeding Democrat members. Something there doesn’t add up.”
Posted by: smartlillena | Feb 8, 2010 6:48:17 PM
____________________________________
“Congress is bleeding Democrat members”?
Really?
Perhaps it is, as the President said recently, time to close the gap between the rhetoric and the reality.

This corrupt administration has no problem governing “against” the will of the people of America. The entire 2008 campaign was based on lies. Obama, Pelosi, Reid and other liberals made promises and pledges they did not keep. Now, Obama is campaigning for 2010 and 2012! Americans are fed up with HCR and Cap and Trade. We want them to create jobs and reduce debt, among other things. Obama and the liberals in Congress plan to cram this down our throats, regardless of what it takes.

Perhaps it is, as the President said recently, time to close the gap between the rhetoric and the reality.
Posted by: tierra
—
Likewise. But I suppose we’ll have to get closer to november before y’all begin to acknowledge what is apparent. Obama didn’t sit down with republicans last week because he wanted to. He’s not trying to get them to bite on the health care thing because he wants to. It is no accident that Obama blames that health care thing on congress. He’s killing them and they’re beginning to watch him.
That’s reality.
This is rhetoric, yours:
“around 50%” LOL

“Congress is bleeding Democrat members”?
Really?
Posted by: tierra
—
Yes. Right alongside democrat and independent voters. Fact.