but it would have been nice to have a few extra ships...say in Libya....how did all that new tech save an ambassador....ooops it didnt
Whoa, we have ships that can go on land now? Awesome!
We've had that capability for quite some time, Inthemiddle.
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but it would have been nice to have a few extra ships...say in Libya....how did all that new tech save an ambassador....ooops it didnt
Whoa, we have ships that can go on land now? Awesome!
Obama is nitpicking in hopes of slowing the momentum of the Romney campaign. It's not working.
Obama cannot run on his record and his only hope is to make Romney look bad. Obama himself lamented the used of these exact tactics in the past- before he needed to use them.
Obama can run on his record and continues to contrast it to the Republicans obstructionisms policy. Obama has not only slowed Romneys momentum but overtaken it. Romney is dead in the water as we speak... just you watch the polls in the coming days.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
Obama can run on his record and continues to contrast it to the Republicans obstructionisms policy. Obama has not only slowed Romneys momentum but overtaken it. Romney is dead in the water as we speak... just you watch the polls in the coming days.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
idiot!
fuck off.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
Obama can run on his record and continues to contrast it to the Republicans obstructionisms policy. Obama has not only slowed Romneys momentum but overtaken it. Romney is dead in the water as we speak... just you watch the polls in the coming days.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
idiot!
fuck off.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
Really, is that what you think? Nice to see how ignorant you are of the military. It's not just the Marines, it's the Army too. Bayonet training is an important part of close combat training. But let's also be honest, bayonet warfare is an option of last resort. If you're down to nothing except to attach your bayonet, things were already bad a long time ago.
If Obama "can" run on his record...then why doesn't he do so?
You know, I'm tired of hearing the wing nuts talk about how Obama doesn't have a record on which to run. He does, and it's exactly what he's been doing all along. If anything, he's been running too much on his record and not talking enough about the future.
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
Yeah, because with a candidate like Romney with a record of making birther insinuations shouldn't be demagogued.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
idiot!
fuck off.
LOL Great counter argument, Dante! You know as well as I do that Obama hasn't been running on his record or on his "plan" to fix the economy because the former has been awful and the latter doesn't exist.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
If Obama "can" run on his record...then why doesn't he do so?
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
idiot!
fuck off.
boyonets are quite prominent at the tomb of the unknown soldier.
idiot!
fuck off.
LOL Great counter argument, Dante! You know as well as I do that Obama hasn't been running on his record or on his "plan" to fix the economy because the former has been awful and the latter doesn't exist.
President Obama stopped the hemorrhaging of the US economy. The US economy is bouncing back .. that is a fact.
First of all, President Obama showed his ignorance of the military that he commands since the Marine Corps still uses bayonets...something which Barry and his speech writers were obviously unaware of.
Really, is that what you think? Nice to see how ignorant you are of the military. It's not just the Marines, it's the Army too. Bayonet training is an important part of close combat training. But let's also be honest, bayonet warfare is an option of last resort. If you're down to nothing except to attach your bayonet, things were already bad a long time ago.
You know, I'm tired of hearing the wing nuts talk about how Obama doesn't have a record on which to run. He does, and it's exactly what he's been doing all along. If anything, he's been running too much on his record and not talking enough about the future.
His entire campaign has been to demagogue Mitt Romney. He avoids talking about his record because it's awful.
Yeah, because with a candidate like Romney with a record of making birther insinuations shouldn't be demagogued.
I never claimed to be an expert on the military...but then again I'm not the Commander in Chief making a snide comment trying to embarrass Mitt Romney but not having his facts straight when doing so.
Obama has NOT been running on his record. That's laughable. He's been doing his level best to change the discussion to anything OTHER than his record. His campaign has pushed an idiotic narrative that the GOP "hates" women and that Mitt Romney hates everyone but the rich. That isn't running on your record...that's running FROM it.
Obama is nitpicking in hopes of slowing the momentum of the Romney campaign. It's not working.
Obama cannot run on his record and his only hope is to make Romney look bad. Obama himself lamented the used of these exact tactics in the past- before he needed to use them.
Obama can run on his record and continues to contrast it to the Republicans obstructionisms policy. Obama has not only slowed Romneys momentum but overtaken it. Romney is dead in the water as we speak... just you watch the polls in the coming days.
Really, is that what you think? Nice to see how ignorant you are of the military. It's not just the Marines, it's the Army too. Bayonet training is an important part of close combat training. But let's also be honest, bayonet warfare is an option of last resort. If you're down to nothing except to attach your bayonet, things were already bad a long time ago.
You know, I'm tired of hearing the wing nuts talk about how Obama doesn't have a record on which to run. He does, and it's exactly what he's been doing all along. If anything, he's been running too much on his record and not talking enough about the future.
Yeah, because with a candidate like Romney with a record of making birther insinuations shouldn't be demagogued.
I never claimed to be an expert on the military...but then again I'm not the Commander in Chief making a snide comment trying to embarrass Mitt Romney but not having his facts straight when doing so.
Obama has NOT been running on his record. That's laughable. He's been doing his level best to change the discussion to anything OTHER than his record. His campaign has pushed an idiotic narrative that the GOP "hates" women and that Mitt Romney hates everyone but the rich. That isn't running on your record...that's running FROM it.
Obama has been running on his record.... you cannot ignore Obamacare, gays in the military, dream act, Osama is dead, GM is alive. Need more examples?
True, bayonets are still issued but only as a last resort. Issued more for tradition and photo-ops but not for modern warfare. Nice try Romney but fuck you and your 'knife'!
With 'horses and bayonets,' Obama casts Romney as out of touch - latimes.com
Governor, we also have fewer horses and bayonets because the nature of our military's changed. We have these things called aircraft carriers where planes land on them. We have these ships that go underwater, nuclear submarines, he said. And so the question is not a game of Battleship where we're counting ships. It's it's what are our capabilities.
Romney wants to send American kids to a gunfight with bayonets. He has no intention of ever actually sending himself or his own kids into a fight.
That would be something...Seeing Romney leading a battle. Ha...Ha.. Ya sure Mittens.. Hey Romney...You are no Eisenhower.. seriously.
LOL Great counter argument, Dante! You know as well as I do that Obama hasn't been running on his record or on his "plan" to fix the economy because the former has been awful and the latter doesn't exist.
President Obama stopped the hemorrhaging of the US economy. The US economy is bouncing back .. that is a fact.
George W. Bush stopped the hemorrhaging of the US economy with TARP.
The US economy is mired in the worst recovery from a recession since the Great Depression....THAT is a fact.
Obama is nitpicking in hopes of slowing the momentum of the Romney campaign. It's not working.
Obama cannot run on his record and his only hope is to make Romney look bad. Obama himself lamented the used of these exact tactics in the past- before he needed to use them.
Obama can run on his record and continues to contrast it to the Republicans obstructionisms policy. Obama has not only slowed Romneys momentum but overtaken it. Romney is dead in the water as we speak... just you watch the polls in the coming days.
Obama ran roughshod over Romney last night. I just don't know if it will move voters or not. Romney did look out of his element and somewhat nervous last night where Obama looked to be in complete control. More so than what was said, their body language told two very different stories. There aren't many undecideds left and despite undecideds being on the fence, I imagine most people viewing have already made up their minds, so no predictions as to whether or not this Obama win shows up in the polls or not.
President Obama stopped the hemorrhaging of the US economy. The US economy is bouncing back .. that is a fact.
George W. Bush stopped the hemorrhaging of the US economy with TARP.
The US economy is mired in the worst recovery from a recession since the Great Depression....THAT is a fact.
On February 5, 2009, the Senate approved changes to the TARP that prohibited firms receiving TARP funds from paying bonuses to their 25 highest-paid employees. The measure was proposed by Christopher Dodd of Connecticut as an amendment to the $900 billion economic stimulus act then waiting to be passed.[21]
On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the remaining $300 billion or so in TARP funds. He intended to direct $50 billion towards foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks. Nevertheless, this highly anticipated speech coincided with a nearly 5 percent drop in the S&P 500 and was criticized for lacking details.[22]
On March 23, 2009, U.S. Treasury Secretary Timothy Geithner announced a Public-Private Investment Program (P-PIP) to buy toxic assets from banks' balance sheets. The major stock market indexes in the United States rallied on the day of the announcement rising by over six percent with the shares of bank stocks leading the way.[23] P-PIP has two primary programs. The Legacy Loans Program will attempt to buy residential loans from bank's balance sheets. The Federal Deposit Insurance Corporation (FDIC) will provide non-recourse loan guarantees for up to 85 percent of the purchase price of legacy loans. Private sector asset managers and the U.S. Treasury will provide the remaining assets. The second program is called the legacy securities program, which will buy residential mortgage backed securities (RMBS) that were originally rated AAA and commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) which are rated AAA. The funds will come in many instances in equal parts from the U.S. Treasury's TARP monies, private investors, and from loans from the Federal Reserve's Term Asset Lending Facility (TALF). The initial size of the Public Private Investment Partnership is projected to be $500 billion.[24] Economist and Nobel Prize winner Paul Krugman has been very critical of this program arguing the non-recourse loans lead to a hidden subsidy that will be split by asset managers, banks' shareholders and creditors.[25] Banking analyst Meredith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs.[26] Economist Linus Wilson, a frequent commenter on TARP related issues, also points to excessive misinformation and erroneous analysis surrounding the U.S. toxic asset auction plan.[27] Removing toxic assets would also reduce the volatility of banks' stock prices. This lost volatility will hurt the stock price of distressed banks. Therefore, such banks will only sell toxic assets at above market prices.[28]
On April 19, 2009, the Obama administration outlined the conversion of Banks Bailouts to Equity Share.[29]
George W. Bush stopped the hemorrhaging of the US economy with TARP.
The US economy is mired in the worst recovery from a recession since the Great Depression....THAT is a fact.
On February 5, 2009, the Senate approved changes to the TARP that prohibited firms receiving TARP funds from paying bonuses to their 25 highest-paid employees. The measure was proposed by Christopher Dodd of Connecticut as an amendment to the $900 billion economic stimulus act then waiting to be passed.[21]
On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the remaining $300 billion or so in TARP funds. He intended to direct $50 billion towards foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks. Nevertheless, this highly anticipated speech coincided with a nearly 5 percent drop in the S&P 500 and was criticized for lacking details.[22]
On March 23, 2009, U.S. Treasury Secretary Timothy Geithner announced a Public-Private Investment Program (P-PIP) to buy toxic assets from banks' balance sheets. The major stock market indexes in the United States rallied on the day of the announcement rising by over six percent with the shares of bank stocks leading the way.[23] P-PIP has two primary programs. The Legacy Loans Program will attempt to buy residential loans from bank's balance sheets. The Federal Deposit Insurance Corporation (FDIC) will provide non-recourse loan guarantees for up to 85 percent of the purchase price of legacy loans. Private sector asset managers and the U.S. Treasury will provide the remaining assets. The second program is called the legacy securities program, which will buy residential mortgage backed securities (RMBS) that were originally rated AAA and commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) which are rated AAA. The funds will come in many instances in equal parts from the U.S. Treasury's TARP monies, private investors, and from loans from the Federal Reserve's Term Asset Lending Facility (TALF). The initial size of the Public Private Investment Partnership is projected to be $500 billion.[24] Economist and Nobel Prize winner Paul Krugman has been very critical of this program arguing the non-recourse loans lead to a hidden subsidy that will be split by asset managers, banks' shareholders and creditors.[25] Banking analyst Meredith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs.[26] Economist Linus Wilson, a frequent commenter on TARP related issues, also points to excessive misinformation and erroneous analysis surrounding the U.S. toxic asset auction plan.[27] Removing toxic assets would also reduce the volatility of banks' stock prices. This lost volatility will hurt the stock price of distressed banks. Therefore, such banks will only sell toxic assets at above market prices.[28]
On April 19, 2009, the Obama administration outlined the conversion of Banks Bailouts to Equity Share.[29]
So did W. "not" originate TARP? Looks to me like Obama simply continued what Bush had begun. So why does Barry get credit for "saving" the economy? He's the guy that gave us ObamaCare which hasn't helped the economy one little bit...and the Obama Stimulus which was an amazing display of how to waste nearly a trillion dollars in borrowed money and have the unemployment rate rise to over 10% and then stay at 8% for years.
On February 5, 2009, the Senate approved changes to the TARP that prohibited firms receiving TARP funds from paying bonuses to their 25 highest-paid employees. The measure was proposed by Christopher Dodd of Connecticut as an amendment to the $900 billion economic stimulus act then waiting to be passed.[21]
On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the remaining $300 billion or so in TARP funds. He intended to direct $50 billion towards foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks. Nevertheless, this highly anticipated speech coincided with a nearly 5 percent drop in the S&P 500 and was criticized for lacking details.[22]
On March 23, 2009, U.S. Treasury Secretary Timothy Geithner announced a Public-Private Investment Program (P-PIP) to buy toxic assets from banks' balance sheets. The major stock market indexes in the United States rallied on the day of the announcement rising by over six percent with the shares of bank stocks leading the way.[23] P-PIP has two primary programs. The Legacy Loans Program will attempt to buy residential loans from bank's balance sheets. The Federal Deposit Insurance Corporation (FDIC) will provide non-recourse loan guarantees for up to 85 percent of the purchase price of legacy loans. Private sector asset managers and the U.S. Treasury will provide the remaining assets. The second program is called the legacy securities program, which will buy residential mortgage backed securities (RMBS) that were originally rated AAA and commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) which are rated AAA. The funds will come in many instances in equal parts from the U.S. Treasury's TARP monies, private investors, and from loans from the Federal Reserve's Term Asset Lending Facility (TALF). The initial size of the Public Private Investment Partnership is projected to be $500 billion.[24] Economist and Nobel Prize winner Paul Krugman has been very critical of this program arguing the non-recourse loans lead to a hidden subsidy that will be split by asset managers, banks' shareholders and creditors.[25] Banking analyst Meredith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs.[26] Economist Linus Wilson, a frequent commenter on TARP related issues, also points to excessive misinformation and erroneous analysis surrounding the U.S. toxic asset auction plan.[27] Removing toxic assets would also reduce the volatility of banks' stock prices. This lost volatility will hurt the stock price of distressed banks. Therefore, such banks will only sell toxic assets at above market prices.[28]
On April 19, 2009, the Obama administration outlined the conversion of Banks Bailouts to Equity Share.[29]
So did W. "not" originate TARP? Looks to me like Obama simply continued what Bush had begun. So why does Barry get credit for "saving" the economy? He's the guy that gave us ObamaCare which hasn't helped the economy one little bit...and the Obama Stimulus which was an amazing display of how to waste nearly a trillion dollars in borrowed money and have the unemployment rate rise to over 10% and then stay at 8% for years.
TARP did not save the economy. Saying it did is as dumb as saying Ronald Reagan single-handedly beat Communism