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Is Obama hoping that............?
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DADDYO49 Offline
#1 Posted: Fri, Mar 23 2012, 12:18 AM EST
Joined: 06-25-2008
Posts: 29
Is Obama hoping that enough American Voters have such poor memories that they have forgotten about Obama's statement that he would be a one term President if he did not cut the deficit in 1/2 before the end of his first term ?

Was Obama promising to be a one term President if he did not cut the deficit in 1/2 or was he merely stating that he did not deserve a second term if he did not cut the deficit in 1/2 ?

Why did Obama change from a confidant " yes we can " candidate who was full of promises to a failed " no we can't " President who is full of excuses ?

I think I know something else Obama is full of .......................
raymallen Offline
#2 Posted: Fri, Mar 23 2012, 12:37 AM EST
Joined: 10-20-2011
Posts: 396
I think you are "hope"ing something that won't happen.... He will be re-elected. I'm not saying I support him or not, I'm just stating what is most likely to happen. That being said, he did in his term what was necessary, had he let the banks or auto manufacturers fail, we would be in much further financial troubles than not cutting the deficit in half.
ZRX1200 Offline
#3 Posted: Fri, Mar 23 2012, 12:39 AM EST
Joined: 07-08-2007
Posts: 60,661
Blame the do nothing congress.


The Senate and Soetoro are innocent players in the political world. Oh and its still Bushes fault.
DADDYO49 Offline
#4 Posted: Fri, Mar 23 2012, 1:02 AM EST
Joined: 06-25-2008
Posts: 29
raymallen wrote:
I think you are "hope"ing something that won't happen.... He will be re-elected. I'm not saying I support him or not, I'm just stating what is most likely to happen. That being said, he did in his term what was necessary, had he let the banks or auto manufacturers fail, we would be in much further financial troubles than not cutting the deficit in half.



Sadly I am afraid that it is thinking like this which has created our " world owes me a living " entitlement class where our government rewards both personal & business failure + irresponsibility while punishing personal & business success + responsibility

Thanks to Obama it is not only okay for people & business to continue to fail and adopt bad business & personal practices.....it is actually encouraged so people & business will forever be " beholding " to our Liberal Democrat PoliticiansBoo hoo!
rfenst Offline
#5 Posted: Fri, Mar 23 2012, 2:56 AM EST
Joined: 06-23-2007
Posts: 39,431
raymallen wrote:
... had he let the banks or auto manufacturers fail, we would be in much further financial troubles than not cutting the deficit in half.


Open discussion of concepts like that are not tolerated along here.
raymallen Offline
#6 Posted: Fri, Mar 23 2012, 10:04 AM EST
Joined: 10-20-2011
Posts: 396
DADDYO49 wrote:
Sadly I am afraid that it is thinking like this which has created our " world owes me a living " entitlement class where our government rewards both personal & business failure + irresponsibility while punishing personal & business success + responsibility

Thanks to Obama it is not only okay for people & business to continue to fail and adopt bad business & personal practices.....it is actually encouraged so people & business will forever be " beholding " to our Liberal Democrat PoliticiansBoo hoo!


I'm a conservative, and I may be young, but I'm the furthest thing from entitled. I go to school, work, and spend more time in a given week networking and calling employers than the average person spends working. However, it is ignorant to think that we did more of an injustice by bailing these institutions out or financial trouble.
raymallen Offline
#7 Posted: Fri, Mar 23 2012, 10:09 AM EST
Joined: 10-20-2011
Posts: 396
rfenst wrote:
Open discussion of concepts like that are not tolerated along here.



Look at it like this, most of the "evil 1%" you guys always discuss, work in finance . These "evil" people allow those who choose not to work to collect food stamps and SS because they can afford to pay taxes. the top 20% of the country own 80%. Let the banks fail, you wipe out all financial wealth, the markets crash, you do not have enough tax revenue to pay debt obligations, then you are no long FDIC insured. I'd love to see you prove this point wrong, it has happened before...
jackconrad Offline
#8 Posted: Fri, Mar 23 2012, 10:23 AM EST
Joined: 06-09-2003
Posts: 67,461
Obama is a PUPPET !
borndead1 Offline
#9 Posted: Fri, Mar 23 2012, 10:21 PM EST
Joined: 11-07-2006
Posts: 5,216
raymallen wrote:
Look at it like this, most of the "evil 1%" you guys always discuss, work in finance . These "evil" people allow those who choose not to work to collect food stamps and SS because they can afford to pay taxes. the top 20% of the country own 80%. Let the banks fail, you wipe out all financial wealth, the markets crash, you do not have enough tax revenue to pay debt obligations, then you are no long FDIC insured. I'd love to see you prove this point wrong, it has happened before...



The markets tanked anyway, and we ALREADY don't have enough tax revenue to pay debt obligations. And on top of it, the big banks basically took their handouts and kept doing exactly the same stuff they were doing before. Right after PNC got 7 billion in bailout money, what did they do? Start making loans again? No, they took that money and bought another bank (National City) for a steal. Bank of America spent billions of their bailout money buying a bigger share of a CHINESE bank. US Bancorp bought several smaller lenders with their bailout money. The vast majority of the holding companies that got bailout funds barely used any of their handouts to "recapitalize" their subsidiaries. And there was no accountability either. JP Morgan Chase got 25 billion in bailout money and flat out refused to say what it was used for. And don't forget that the Federal Reserve gave 3.3 TRILLION dollars to FOREIGN banks.


Most of our economic problems have been created by excessive credit, excessive debt, and a fiat currency, so trying to "fix" it by extending even MORE credit and creating even MORE debt and creating even MORE money out of thin air only makes things worse in the long run. Look at how the dollar is performing. All the bailouts did was weaken the dollar and allow (help) big fish swallow some smaller fish. Kick the can down the road. Within 5 years we will be paying $6 for a gallon of gas and $5 for a loaf of white bread.

Compare a list of the biggest bailout recipents with a list of who spent the most on lobbying. Then look at Obama's cabinet and see how many of his top advisors are Wall St. goons. Tim Geitner (Goldman Sachs), Lawrence Summers (Goldman Sachs, Citigroup, JP Morgan), Michael Froman (Citigroup). The whole thing was textbook crony capitalism.
DrMaddVibe Offline
#10 Posted: Tue, Apr 3 2012, 3:30 PM EST
Joined: 10-21-2000
Posts: 55,554
http://deathby1000papercuts.com/2012/04/illegal-immigrant-obama-uncle-gets-license-to-drive-one-week-after-pleading-guilty-to-dui/
teedubbya Offline
#11 Posted: Tue, Apr 3 2012, 3:36 PM EST
Joined: 08-14-2003
Posts: 95,637
DADDYO49 wrote:
Thanks to Obama it is not only okay for people & business to continue to fail and adopt bad business & personal practices.....it is actually encouraged so people & business will forever be " beholding " to our Liberal Democrat PoliticiansBoo hoo!



Yes. Prior to Obama none of this was true. Obama is the one.
ZRX1200 Offline
#12 Posted: Tue, Apr 3 2012, 3:37 PM EST
Joined: 07-08-2007
Posts: 60,661
W I N N I N G!






الفوز!
teedubbya Offline
#13 Posted: Tue, Apr 3 2012, 3:40 PM EST
Joined: 08-14-2003
Posts: 95,637
Obama is so powerful that he has been able to accomplish in less than 3 years what all the other evil libtards have been unable to do in the previous 233 years! He has single handedly ruined this country (largely because he is not from here). The Mayans are right. So is the Nostraldumbass dude. The Big O is the dark knight.

in related news the sky is falling and hyperboly is dead.
wheelrite Offline
#14 Posted: Tue, Apr 3 2012, 3:45 PM EST
Joined: 11-01-2006
Posts: 50,119
teedubbya wrote:
Obama is so powerful that he has been able to accomplish in less than 3 years what all the other evil libtards have been unable to do in the previous 233 years! He has single handedly ruined this country (largely because he is not from here). The Mayans are right. So is the Nostraldumbass dude. The Big O is the dark knight.

in related news the sky is falling and hyperboly is dead.


Hey Einstein
it's spelled

HYPERBOLE

d'oh!
teedubbya Offline
#15 Posted: Tue, Apr 3 2012, 3:47 PM EST
Joined: 08-14-2003
Posts: 95,637
meh. spellin taint important since obama brought in the end and everything

besides I'm so upset I'm not thinkin rite.
ZRX1200 Offline
#16 Posted: Tue, Apr 3 2012, 4:10 PM EST
Joined: 07-08-2007
Posts: 60,661
Pubric skrool outraage!
teedubbya Offline
#17 Posted: Tue, Apr 3 2012, 4:12 PM EST
Joined: 08-14-2003
Posts: 95,637
ZRX1200 wrote:
Pubric skrool outraage!


My Master's is from a private school. how about just skrool giving degrees to anyone able to borrow money outrage!
ZRX1200 Offline
#18 Posted: Tue, Apr 3 2012, 4:19 PM EST
Joined: 07-08-2007
Posts: 60,661
I dunno Im on the fence there.....
teedubbya Offline
#19 Posted: Tue, Apr 3 2012, 4:24 PM EST
Joined: 08-14-2003
Posts: 95,637
ZRX1200 wrote:
I dunno Im on the fence there.....


it's spelt fense
DadZilla3 Offline
#20 Posted: Tue, Apr 3 2012, 4:54 PM EST
Joined: 01-17-2009
Posts: 4,633
DADDYO49 wrote:
Is Obama hoping that enough American Voters have such poor memories that they have forgotten about Obama's statement that he would be a one term President if he did not cut the deficit in 1/2 before the end of his first term ?

He doesn't have to. All he needs to do is hope for enough of the same people who elected him to remain either clueless, parasitic, or pathetically gullible.
teedubbya Offline
#21 Posted: Tue, Apr 3 2012, 5:10 PM EST
Joined: 08-14-2003
Posts: 95,637
DadZilla3 wrote:
He doesn't have to. All he needs to do is hope for enough of the same people who elected him to remain either clueless, parasitic, or pathetically gullible.


Worked for Bush
ZRX1200 Offline
#22 Posted: Tue, Apr 3 2012, 5:13 PM EST
Joined: 07-08-2007
Posts: 60,661
BAZINGA!
DadZilla3 Offline
#23 Posted: Tue, Apr 3 2012, 5:32 PM EST
Joined: 01-17-2009
Posts: 4,633
teedubbya wrote:
Worked for Bush

...and as we all know...it's still all Bush's fault.
teedubbya Offline
#24 Posted: Tue, Apr 3 2012, 5:43 PM EST
Joined: 08-14-2003
Posts: 95,637
Many things are still his fault. There is no reset button (you can pretend if it makes you feel better). Many things are not his fault. Absolutes are fools gold.

Signed

Yellowcaked Fencepost
TMCTLT Offline
#25 Posted: Tue, Apr 3 2012, 7:54 PM EST
Joined: 11-22-2007
Posts: 19,733
borndead1 wrote:
The markets tanked anyway, and we ALREADY don't have enough tax revenue to pay debt obligations. And on top of it, the big banks basically took their handouts and kept doing exactly the same stuff they were doing before. Right after PNC got 7 billion in bailout money, what did they do? Start making loans again? No, they took that money and bought another bank (National City) for a steal. Bank of America spent billions of their bailout money buying a bigger share of a CHINESE bank. US Bancorp bought several smaller lenders with their bailout money. The vast majority of the holding companies that got bailout funds barely used any of their handouts to "recapitalize" their subsidiaries. And there was no accountability either. JP Morgan Chase got 25 billion in bailout money and flat out refused to say what it was used for. And don't forget that the Federal Reserve gave 3.3 TRILLION dollars to FOREIGN banks.


Most of our economic problems have been created by excessive credit, excessive debt, and a fiat currency, so trying to "fix" it by extending even MORE credit and creating even MORE debt and creating even MORE money out of thin air only makes things worse in the long run. Look at how the dollar is performing. All the bailouts did was weaken the dollar and allow (help) big fish swallow some smaller fish. Kick the can down the road. Within 5 years we will be paying $6 for a gallon of gas and $5 for a loaf of white bread.

Compare a list of the biggest bailout recipents with a list of who spent the most on lobbying. Then look at Obama's cabinet and see how many of his top advisors are Wall St. goons. Tim Geitner (Goldman Sachs), Lawrence Summers (Goldman Sachs, Citigroup, JP Morgan), Michael Froman (Citigroup). The whole thing was textbook crony capitalism.




Applause Well said. Beer

DadZilla3 Offline
#26 Posted: Wed, Apr 4 2012, 5:35 PM EST
Joined: 01-17-2009
Posts: 4,633
borndead1 wrote:
The markets tanked anyway, and we ALREADY don't have enough tax revenue to pay debt obligations. And on top of it, the big banks basically took their handouts and kept doing exactly the same stuff they were doing before. Right after PNC got 7 billion in bailout money, what did they do? Start making loans again? No, they took that money and bought another bank (National City) for a steal. Bank of America spent billions of their bailout money buying a bigger share of a CHINESE bank. US Bancorp bought several smaller lenders with their bailout money. The vast majority of the holding companies that got bailout funds barely used any of their handouts to "recapitalize" their subsidiaries. And there was no accountability either. JP Morgan Chase got 25 billion in bailout money and flat out refused to say what it was used for. And don't forget that the Federal Reserve gave 3.3 TRILLION dollars to FOREIGN banks.


Most of our economic problems have been created by excessive credit, excessive debt, and a fiat currency, so trying to "fix" it by extending even MORE credit and creating even MORE debt and creating even MORE money out of thin air only makes things worse in the long run. Look at how the dollar is performing. All the bailouts did was weaken the dollar and allow (help) big fish swallow some smaller fish. Kick the can down the road. Within 5 years we will be paying $6 for a gallon of gas and $5 for a loaf of white bread.

Compare a list of the biggest bailout recipents with a list of who spent the most on lobbying. Then look at Obama's cabinet and see how many of his top advisors are Wall St. goons. Tim Geitner (Goldman Sachs), Lawrence Summers (Goldman Sachs, Citigroup, JP Morgan), Michael Froman (Citigroup). The whole thing was textbook crony capitalism.


Bingo.

But, how much difference would there be if Obama loses the next presidential election? Would Romney man up and drain the swamp? I dunno about that. Wall Street and Big Business oligarchs are firmly in control of the economy and the government. I'm pessimistic enough to think that no matter which puppet occupies the White House, it will be business as usual for the powers that be. The only difference will be whatever hot button special interests happen to be favorites of that particular president, and whether we taxpaying frogs get boiled all at once or a little at a time.
Stinkdyr Offline
#27 Posted: Thu, Apr 12 2012, 3:25 PM EST
Joined: 06-16-2009
Posts: 9,948
borndead1 wrote:
The markets tanked anyway, and we ALREADY don't have enough tax revenue to pay debt obligations. And on top of it, the big banks basically took their handouts and kept doing exactly the same stuff they were doing before. Right after PNC got 7 billion in bailout money, what did they do? Start making loans again? No, they took that money and bought another bank (National City) for a steal. Bank of America spent billions of their bailout money buying a bigger share of a CHINESE bank. US Bancorp bought several smaller lenders with their bailout money. The vast majority of the holding companies that got bailout funds barely used any of their handouts to "recapitalize" their subsidiaries. And there was no accountability either. JP Morgan Chase got 25 billion in bailout money and flat out refused to say what it was used for. And don't forget that the Federal Reserve gave 3.3 TRILLION dollars to FOREIGN banks.


Most of our economic problems have been created by excessive credit, excessive debt, and a fiat currency, so trying to "fix" it by extending even MORE credit and creating even MORE debt and creating even MORE money out of thin air only makes things worse in the long run. Look at how the dollar is performing. All the bailouts did was weaken the dollar and allow (help) big fish swallow some smaller fish. Kick the can down the road. Within 5 years we will be paying $6 for a gallon of gas and $5 for a loaf of white bread.

Compare a list of the biggest bailout recipents with a list of who spent the most on lobbying. Then look at Obama's cabinet and see how many of his top advisors are Wall St. goons. Tim Geitner (Goldman Sachs), Lawrence Summers (Goldman Sachs, Citigroup, JP Morgan), Michael Froman (Citigroup). The whole thing was textbook crony capitalism.



Church say AMEN !!

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