Obama: A monumental disgrace

[Doubletap]

Obama is:
-- the man who surrounds himself with and seeks the advice of only the radical left and worse
--the man who redistributes (loots) the earnings of the producers to the non-producers so they will continue to vote for him
--the man who is spending and manipulating the greatest country on earth into financial collapse.
--the man who speaks of "social justice" but never of freedom.
--the man who hates free market capitalism.
--the man who prevents the development of our oil, coal & nuclear resources.
--the man who rejects the Constitution.
--the man who initiates force against us all by “mandating” his vision of health care. A true despot.

He is, at best, a cheap Chicago left-wing politician who cares only that he got re-elected to a position he is grotesquely unequipped for -- yet doesn’t take even that position seriously enough to read Economics 101.

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=YsDmPEeurfA]President Bush Addresses Nation on Economic Crisis - YouTube[/ame]

 

[gallantwarrior]

Obama is:
-- the man who surrounds himself with and seeks the advice of only the radical left and worse
--the man who redistributes (loots) the earnings of the producers to the non-producers so they will continue to vote for him
--the man who is spending and manipulating the greatest country on earth into financial collapse.
--the man who speaks of "social justice" but never of freedom.
--the man who hates free market capitalism.
--the man who prevents the development of our oil, coal & nuclear resources.
--the man who rejects the Constitution.
--the man who initiates force against us all by “mandating” his vision of health care. A true despot.

He is, at best, a cheap Chicago left-wing politician who cares only that he got re-elected to a position he is grotesquely unequipped for -- yet doesn’t take even that position seriously enough to read Economics 101.

You forgot:
--the man who hates the United States and her citizens with such vitriolic passion that no lie or cheat is beneath his ability to do whatever it takes to damage, or even destroy, the Nation that put its faith in him.

 

[asaratis]

I think the boy king Obama will go down in history as the most ill-prepared, inept, disingenuous, conniving, incompetent, self-righteous, arrogant, delusional, condescending President ever to set foot in the White House.

 

[RDD_1210]

You forgot
- the man hell bent on installing his brand of nazi, communism islam and sharia law in order to promote the homo agenda

 

[auditor0007]

Obama is:
-- the man who surrounds himself with and seeks the advice of only the radical left and worse
--the man who redistributes (loots) the earnings of the producers to the non-producers so they will continue to vote for him
--the man who is spending and manipulating the greatest country on earth into financial collapse.
--the man who speaks of "social justice" but never of freedom.
--the man who hates free market capitalism.
--the man who prevents the development of our oil, coal & nuclear resources.
--the man who rejects the Constitution.
--the man who initiates force against us all by “mandating” his vision of health care. A true despot.

He is, at best, a cheap Chicago left-wing politician who cares only that he got re-elected to a position he is grotesquely unequipped for -- yet doesn’t take even that position seriously enough to read Economics 101.

Just call Obama a Communist and you will do well in this forum. You'll fit right in with all the other radical right wing wackos.

 

[Truthseeker420]

 

[gallantwarrior]

Can't come up with a cogent defense of your CinC, can you?

 

[Uncensored2008]

Obama Akbar indeed.

 

[healthmyths]

President Bush Addresses Nation on Economic Crisis - YouTube

NO WHERE DID YOU mention this and I would guess 90% of Americans still don't know about this Economic Terrorist attack on 9/18/2008!

The fact that the identities of those who simultaneously decided to withdraw their money at 11 a.m. on Sep. 18, precipitating this panic, were never released, does lead one to question whether or not something sinister was at work.

Is there no one else with even the vaguest curiosity to ask if it was a coincidence or not? And, to suggest maybe an investigation is in order to deliver that vaunted “transparency” that voters seemed to believe they would get after the 2008 elections.

If nothing sinister was at work, then why so much secrecy concerning the destination of this $550 billion in money withdrawn on Thursday, Sept. 18, and those responsible for redirecting these funds out of the U.S. money markets.

Surely the money didn’t go back into the American economy.

No, $550 billion was drained away from the American economy, the consequences of which we suffer to this day.


“On Thursday [Sept. 18, 2008] at about 11 o’clock in the morning,” Kanjorski began, “the Federal Reserve noticed the tremendous drawdown of money market accounts in the United States to the tune of $550 billion dollars being drawn out in a matter of an hour or two. The Treasury opened up its window to help. It pumped $105 billion in the system and quickly realized that they could not stem the tide.”

At that point, officials realized, Kanjorski relates, “We were having an electronic run on the banks.”

In response, Kanjorski continued, “They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there and that’s what actually happened.”

And, if nothing had been done, Kanjorski revealed, “their estimation was that by two o’clock that afternoon, five and 1/2 trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States and within 24 hours the world economy would have collapsed (which would have meant) … the end of our economic system and our political system as we know it.”

Kanjorski concluded, “Someone threw us in the middle of the Atlantic Ocean without a life raft.
And, we’re trying to determine which is the closest shore, and whether there’s any chance in the world to swim that far. We don’t know.”

But why is no one in the least bit curious to know who that “someone” is who “threw us in the middle of the Atlantic Ocean without a life raft”—the consequences of which have so damaged our economy’s job-creating engine?

This writer, for one, would like to know.
The electronic run on banks nobody seemed to notice

We would have had to spend 3 to 4 Trillion dollars to buy up all the toxic assets. But we didn't have that much we only had 700 Billion.

Without a banking system you don't have an economy.

9/11/2008 CATASTROPHIC FINANCIAL TERRORIST ATTACK CAUSED ECONOMIC MELTDOWN - Atlas Shrugs

 

[CrusaderFrank]

One Obama Deficit > Any Reagan Budget

One Obama Deficit > All of Reagan's deficits

 

[Mr. Shaman]

Obama: A monumental disgrace

January 13, 2008​

"The recession-deniers were muzzled by a horrendous last two weeks of December, and the gloom-and-doomers are now out in force. Their key arguments:

* Plummeting housing will now drag down the rest of the economy.

*The "bad debt" problem is not just "sub-prime" folks who should never have have taken out mortgages in the first place. It includes credit card debt, "high quality" mortgages, car loans, and other leverage that have recently become a consumer way of life.

*Pressure on consumers is leading to a reduction in consumer spending (70% of economy), which, in turn, will lead to a reduction in spending by companies that sell stuff to consumers.

*The question now is not "will there be a recession?" but "how bad will it get?"

*The most optimistic forecasts in a NYT gloom-and-doom round-up are for three crappy quarters, regardless of what the Fed does. Less optimistic forecasts suggest that we are, well, screwed.

After blowing the last downturn, we've been worried this one since last summer. We also suspect that, given the importance of housing to the economy and debt to consumer spending, the recession will be deeper and more prolonged than people think."

"U.S. Economy Screwed"​

​

 

[Dugdale_Jukes]

[bogusness deleted to cut to the chase]

Without a banking system you don't have an economy.

Had the bigs been vaporized and common sense regulations restored smaller banks would have bought surviving assets at market price and the biggest differences today are some government pensions would be paying out less but on the up side trillions in bad paper would be off the books and a vibrant and growing economy.

It is hilarious there are people who believe that stampeder bullshit and have the gall to criticize Obama. Not one of these shitballs criticized Bush for cutting and running during the 2001 attacks, few of them had enough sense to understand the realities of land wars in Asia, and fewer spoke out against doubling the national debt under that ratty little remf warmongering dopehead Bush. So it is no suprise they think Bush had no choice but bail out banks that had caused the crash while Obama did.

I am laughing out loud thinking about how anyone that stupid can fantasize they would live better in a Randian Utopia.

The picture of Junebug announcing the first bailout is who that chimpy little fuck really is. A lost mama's boy who used papa's money and connections to get into a position to damage the United States of America for at least a generation.

 

[Dugdale_Jukes]

Can't come up with a cogent defense of your CinC, can you?

Obama is a fucking idiot to be sure, but it's pretty easy to defend him against the filthy god damned scum of the earth who voted for Junebug in 2004:

Two consecutive wins by wide enough margins that it'd be hard to blame him for taking his dick out and shaking it at the nutball scum in America.
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