Jump to content

Recommended Posts

While Rome burns, Obama laughs

 

http://www.politico.com/news/stories/0309/20339.html

 

President Barack Obama said he believes the global financial system remains at risk of implosion with the failure of Citigroup or AIG, which could touch off “an even more destructive recession and potentially depression.”

 

His remarks came in a“60 Minutes” interview in which he was pressed by Steve Kroft for laughing and chuckling several times while discussing the perilous state of the world’s economy.

 

“You're sitting here. And you're— you are laughing. You are laughing about some of these problems. Are people going to look at this and say, ‘I mean, he's sitting there just making jokes about money—’ How do you deal with— I mean: explain. . .” Kroft asked at one point.

 

“Are you punch-drunk?” Kroft said.

 

“No, no. There's gotta be a little gallows humor to get you through the day,” Obama said, with a laugh.

 

Obama tried to inject some optimistic notes into the interview, saying he sees “flickers of hope” that the economy is beginning to turn the corner.

Link to comment
Share on other sites

  • Replies 1.5k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

It's funny that so many people aren't aware of the fact that there is really no such thing as common sense.

 

Unfortunately, this seems true. What once passed for common sense, such as living within one's means, striving for independence, and abiding by the traditional rules of personal finance, as well as adhering to the rule of law and common norms of society, seemingly no longer applies. Ironically, people who thought they possessed common sense will be punished severely in the form of future higher taxes and a devalued currency in order to bail out those who they thought lacked common sense.

 

Also, ironically, there was a nifty little pamphlet crafted by a guy named Thomas Paine, called Common Sense, published in 1776, which helped to ignite public sentiment for the American Revolution.

Edited by Roadtrip
Link to comment
Share on other sites

Unfortunately, this seems true. What once passed for common sense, such as living within one's means, striving for independence, and abiding by the traditional rules of personal finance, as well as the rule of law and common norms of society, seemingly no longer applies. Ironically, people who thought they possessed common sense will be punished severely in the form of future higher taxes and a devalued currency in order to bail out those who lacked common sense.

 

 

 

The thing about common sense is that everyone thinks they have it...but they all have different ideas about what it is. It may be some kind of sense (sometimes good, and sometimes bad), but there is really nothing common about it.

Link to comment
Share on other sites

Michael Moore is "strongly lobbying"? :hysterical:

 

The whole crew threatened to move up here if Bush won in 2004. It is a good thing that we turned into redneck conservatives. We are going to have to add some security at the border, though. We trained some hounds to sniff out Hollywood types. They were disguised as poodles at the Toronto Film Festival. They know that leftys are poodle lovers, so they took a good whiff of anyone who was overly affectionate or who didn't object to the leg hump. We are prepared if they try to fix our next election.

Link to comment
Share on other sites

We are prepared if they try to fix our next election.

Not necessary. Stevie's getting wonderful advice from the back-room US Goppers on how to Do the Dub and as time passes more and more Canucks look forward to the next election, to "fix" Stevie. :hysterical:

 

It's not easy, being Stevie.

Link to comment
Share on other sites

The only good thing that has come out of the Obama disaster so far is that it bodes very well for a Republican comeback in 2010 when people hopefully begin to pull their heads out of there asses and stop supporting these corrupt lying democrats.

Link to comment
Share on other sites

The only good thing that has come out of the Obama disaster so far is that it bodes very well for a Republican comeback in 2010 when people hopefully begin to pull their heads out of there asses and stop supporting these corrupt lying democrats.

 

Generalization

 

Democrat or Republican is irrelevant as both will at times vote for their favorite project (earmark \ bribe call it what you will) rather than what is best for the citizens. It took both to create this/these fiasco(s) and I'd guess it'll take both to get us out.

 

I'm a registered Democrat but vote Republican and Independent quite often, I don't care what they call themselves but I do care how they vote.

Link to comment
Share on other sites

The only good thing that has come out of the Obama disaster so far is that it bodes very well for a Republican comeback in 2010 when people hopefully begin to pull their heads out of there asses and stop supporting these corrupt lying democrats.

 

 

So they can elect the corrupt lying Republicans who brought us this clusterfark? Yeah that will happen.

Link to comment
Share on other sites

So they can elect the corrupt lying Republicans who brought us this clusterfark? Yeah that will happen.

What planet have you been on? This is all the Dems mess caused by the same idiots who are still in charge such as Frank and Dodd and it's only getting worse with Obama "leading" us into a path to financial destruction.

Link to comment
Share on other sites

What planet have you been on? This is all the Dems mess caused by the same idiots who are still in charge such as Frank and Dodd and it's only getting worse with Obama "leading" us into a path to financial destruction.

 

 

Nonsense 94 Bronco. This mess was years in coming. From 2001 to 2007, The Republicans were in control. The SEC was run by Bush appointees and deregulation of the markets was the Bush way.

Link to comment
Share on other sites

Nonsense 94 Bronco. This mess was years in coming. From 2001 to 2007, The Republicans were in control. The SEC was run by Bush appointees and deregulation of the markets was the Bush way.

http://sweetness-light.com/archive/bush-mc...housing-finance

 

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

 

”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.”

 

Representative Melvin L. Watt, Democrat of North Carolina, agreed.

 

”I don’t see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,” Mr. Watt said.

 

Yes the Dems were the minority and the Republicans were the majority but the fact remains that the vast majority of the Republicans were the ones who saw it coming while the Dems were completely clueless and are now in charge of everything.

Edited by 94bronco
Link to comment
Share on other sites

Pop Quiz 94 Bronco.

 

1. Which Party was in control of both houses of Congress and the Whitehouse on September 11, 2003?

 

2. What did Barney Frank run on September 11, 2003?

 

Answers:

 

1. Republicans

 

2. Nothing. The Democrats did not control a single committee.

 

McCain to his credit was concerned. The Republican majorities killed the proposals. The SEC was "Hands Off" under the Bush regime. There was no Republican constituancy for regulation of the banks or the financial markets. That isn't opinion it is history.

Edited by Mark B. Morrow
Link to comment
Share on other sites

Pop Quiz 94 Bronco.

 

1. Which Party was in control of both houses of Congress and the Whitehouse on September 11, 2003?

 

2. What did Barney Frank run on September 11, 2003?

 

Answers:

 

1. Republicans

 

2. Nothing. The Democrats did not control a single committee.

 

McCain to his credit was concerned. The Republican majorities killed the proposals. The SEC was "Hands Off" under the Bush regime. There was no Republican constituancy for regulation of the banks or the financial markets. That isn't opinion it is history.

While not all Republicans were aboard with the bills there was still a good amount which is a lot more than can be said for Dems, Also the roots of this mess can be placed squarely on the Dems. Instead we get a misinformed public who votes a man in with no experience at all when it comes to economic matters to fix the economy when all we are going to get is more of the same corruption and horrible economic policies ( Cap and Trade for something that does not even exist).

Link to comment
Share on other sites

While not all Republicans were aboard with the bills there was still a good amount which is a lot more than can be said for Dems, Also the roots of this mess can be placed squarely on the Dems.

That's just Bullshit. You can keep saying that but it isn't true. The whole deregulation of the economy and markets goes back to Reagan and was pushed forward by Gingrich in '94 and by Delay/Gramm after that.

 

Instead we get a misinformed public who votes a man in with no experience at all when it comes to economic matters to fix the economy when all we are going to get is more of the same corruption and horrible economic policies ( Cap and Trade for something that does not even exist).

No one has any experience in the current mess. McCain certainly didn't have any. Bernake and Geithner (at the Federal Reserve) were both Bush appointees. I don't disagree about Cap and trade but I don't think it is going anywhere fast.

Link to comment
Share on other sites

The only good thing that has come out of the Obama disaster so far is that it bodes very well for a Republican comeback in 2010 when people hopefully begin to pull their heads out of there asses and stop supporting these corrupt lying democrats.

In your dreams and delusions.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.

×
×
  • Create New...