Our president, not many threads about him.

[44]

@KKB, Nuts, Dad, etc.

You guys watch that video? Seemed a little uppity to you, didn't he? Or, perhaps, arrogant is a better word, right?

[Mighty Mouse]

All irrelevant. I don't care who was better in some meeting or some address. Show me how it helps me get through this economy.

Democrats and Republicans are 2 sides of the same coin. Don't believe the hype about how one is an element of change. They are both about staying in power. If that means dressing up their agenda in distasteful rhetoric, they'll do it on a dime. Makes for good drama, but doesn't pay the bills.

[NUTS!]

@44

I watched about three minutes of it to be honest. Funny part was that I thought to myself there is going to be a lot "sheeple" that will believe whole heartily what he was saying. I wish people would question authority a touch more, do a little more fact checking. Plus the blind belief people have for someones words still astounds me. I prefer to judge people by there actions, not there words. Now I could sit here and rip apart what he was saying line by line, phrase by phase, but that would be a waste of everyone's time. Plus a lot of information that I would use would come from zerohedge.com. Read up, have a field day.

So in answer to question, no I did not think that he was arrogant. He is very well spoken person, heck he was lawyer so he has had some practice ;). I think he sounded like he was talking to ignorant sheeple that just want to believe.

to whet your appetite
http://www.zerohedge.com/article/obamas ... on-dollars

[44]

I read it. Argues that budget should include added trillions to pay for failures at Freddie/Fannie and GSEs, etc. Do you really believe that? Does it seem to you like it would be smart for us to budget for that? You're positive those are dollars that will be needed?
And, if you're so sure, how would you propose we make up for those extra dollars? I know it won't be through increased taxes, right? Or do you think maybe we should raise taxes? And if not taxes, what should we cut? And you know we can't just cut something as ill defined as 'frivolous spending', right? You know cutting trillions from the budget means you have to cut defense and social security and medicare, right? You know you can't just say 'we need to make government smaller and cut welfare for those lazy folks that don't need it', right? You know that that's just a tiny fraction and not a real solution, right? And you know we'll never get to balanced budgets again if we don't fix healthcare, right? And you know you can't slash government spending in a time of economic crisis without worsening the problem, right?

You know all of that, right?

C'mon. You're agreeing with that guy, unable to listen to Obama speak for more than 3 minutes and think everybody else is 'sheeple', right?

[oxtox]

ya know he wiill sink us all . Well see what the black folk do ? So many things to even think about a black man doin?

[oxtox]

ya wow that was dumb

[NUTS!]

@44
Really, thats your defense? Trillions of dollars, who is going to pay for that? WE ARE. I have been saying that all along. Not all that other gibberish that your trying to put in my mouth...I hate to ask, but do you realize how much money that is.
Never get a balanced budget without health care. You know I can not think of a comeback that is not demeaning. I would hate to point to history.......No I am not saying that healthcare does not need help. I have said that a few times.
Heh, I am wiling to bet I have read more articles and watched more videos showing a pro tilt to Obama this week than you have for the whole year. I dare you to read at least on article from zerohedge each day for a week and see if i does not make you think a bit differently.
I personally think that what President Obama has achieved in his lifetime is absolutely amazing and is a testament to this great country. But what has just transpired and what is transpiring right before our very eyes will make sure that there will never be another Obama. Thats what concerns me. Without spelling it out what I am trying to saying. Were did those trillions of dollars go? Who controls America now?

[44]

@44
Really, thats your defense? Trillions of dollars, who is going to pay for that?

My defense? No. I'm not defending anything. I'm saying the author's argument for criticizing the president's economic policies is silly. His (and your, I presume) argument boils down to this: The budget should include added trillions to pay for bailouts which most economists say will never be necessary. Therefore the deficit is trillions worse and we're all screwed...thanks to Obama.

See the difference?

It's not defensive. I'm just saying it's a stupid argument.

It's just as stupid as saying Obama is doing things right now that "will make sure that there will never be another Obama."

Give an example of a stupid economic policy. A specific example. And then propose an alternative.

And as for healthcare, if you want to argue that budget deficits and the national debt can be managed over the long-term without healthcare reform, my ears are open. How?

So, two questions for you: 1) What's he specifically doing economically that will make sure there will never be another Obama? and 2) How do you fix the deficit and national debt without reforming healthcare?

If you have difficulty with those questions, you can always join Ox in his arguments. At least I can understand his thought process.

[Mighty Mouse]

How about throwing money at TARP without sufficient oversight? Where companies, who should have gone bankrupt, were considered too big to fail and were given billions of dollars, and yet can afford to give big bonuses to employees who were "on top" of the mess. Now, the government is in a situation of having to tax itself to recover some of those bonuses, since we own much of the equity and debt associated with those firms.

How about trying to ram down another stimulus package, without knowing the effectiveness or lack thereof of the first one?

How about the government trying to spend through a recession on an unprecedented scale, so much that supply of global capital may not soak up the additional debt. Like it or not, there are 2 things happening which should make you uneasy. One, more and more countries are becoming wary of purchasing additional Treasuries. Before, US debt was so attractive that we didn't have to worry about offerings being soaked up by creditors. Now, we worry about spreads and clearance all the time. Second, with the retirement of the baby boomers, there is no way that the current way of doing business can support the retired, service the increasing debt, AND maintain our living standard. Something has to give. Most likely it will be the last of the 3 that will be sacrificed.

Yeah, I'm predisposed to not like Obama. But be honest with yourself. As much as I am not sure Republicans could have done any better, let's not gloss over some glaring mistakes that Obama has made.

[get some]

obama hasnt been perfect but he has been a far sight better than what we had the previous 8 years. im still on board with obama since i pretty much figured it would be a year or two of dealing with the mess the previous administration left us with.

personally i would like to see our government focus more on job creation from a production standpoint. i would love to see a renewable energies initiative that offered tax credits or some kind of incentives for these types of companies to grow and get a good foothold all throughout the country. american companies making parts for a new american energy industry hiring american technitians, service people, designers, engineers, etc.

if i dont see a bigger focus on stuff like this in the next 12 to 16 months im going to start being much more critical of obama.