Why is Obama best for dealing with economy?

Why is Obama best for dealing with economy?


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stratedude

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Lol. No doubt, Obama has a higher IQ. And for the record, he's a better public speaker. His toughest days were in an air-conditioned library assimilating radical support propoganda per instructions from Ayers and Khalidi. He wasn't a 'community organizer,' he was a 'radical organizer.'

If I wanted somebody to speak to my neighbors about revolution, he's my man. If I want my country to be protected and our nation preserved - give me John McCain.
EXACTLY!

What's so great about a genius when he aligns himself with very bad people?

If you are smart enough to believe the old saying "you're judged by the company you keep" then I say Obama is a highly intelligent, but ultimately bad man.
 

Notaguru2

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Curious why he's rating well to be best for the economy, yet when I ask ppl, noone can answer. Same with why not (other than experience). Odd.


Because McCain/Palin aren't worth the shit they are made of. Your party is being held accountable for the ruin of our country. My dog could run against McCain and win.
 

D_Bob_Crotchitch

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Because McCain/Palin aren't worth the shit they are made of. Your party is being held accountable for the ruin of our country. My dog could run against McCain and win.

Why not hold the people who ruined the country accountable? Namely the voters and congress. Nobody made the public be dumbass spendthrifts. Nobody made the public sit on their hands while clinton, yes clinton, and bush gave away the jobs through trade agreements. The public could have called their congressmen and stopped it. Look at this bailout for L bros. The public called congress ranting and raving about it. They voted it down, and then tried to make it sweeter with some candy, and passed it anyways.
 

B_New End

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Why not hold the people who ruined the country accountable? Namely the voters and congress. Nobody made the public be dumbass spendthrifts. Nobody made the public sit on their hands while clinton, yes clinton, and bush gave away the jobs through trade agreements. The public could have called their congressmen and stopped it. Look at this bailout for L bros. The public called congress ranting and raving about it. They voted it down, and then tried to make it sweeter with some candy, and passed it anyways.

We don't have to. Its a global economy, and survival of the fittest. We are all going to pay for the actions of the gluttons and the ignorant. Thank your neighbor when everything is fucked.
 

D_Bob_Crotchitch

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We don't have to. Its a global economy, and survival of the fittest. We are all going to pay for the actions of the gluttons and the ignorant. Thank your neighbor when everything is fucked.

It's a global economy now that the US gave away all it's jobs and pushed a global economy. It's about to be a global sinking ship. I still say we as individuals are responsible for ourselves. I see people with decent incomes living on the edge because they are living a lifestyle that requires twice their income. Sheesh.
 

Nrets

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the economy is fucked up. Maybe capitalism will survive your lifetime, maybe it wont. I am being premature. It has not gotten that bad yet. But basically when the shit really starts to hit the fan, many many people are not going to be able to take care of themselves...financially. Democrats try to install social programs more than republicans. Social programs will give people jobs and keep them on their feet in tough times and perhaps give people an ability to consume in a time when no one is going to have any assets to consume with.
I didn't like the idea of the bailout...cause the markets are going to continue to slide no matter how much cash they pump into it.
There are no real assets to pay any debts off or to support the prices that these shares were going for.
That 700 million could have been better used to pay for social programs in the future when everyone is going hungry.
And the dems voted for it...
I think they didn't want to seem like they were economically hostile.
And the republicans didn't want to seem like they are socialists...
Fuck what a mixed up situation.
Well if Obama is going to lead a trend of approving 700 million dollar bailouts to insitutions that will probably not make money back, then fuck it...I'll vote McCain.

But like I said a second ago...I think the dems supported it to look like they were very pro free market.

Historically dems have been accused of not helping when it comes to money markets.

But when it comes down to it I have a Dad who lived in the depression. He voted for FDR in '44. He had cardboard in his shoes as a kid, when they couldn't afford new ones.
They made tomato soup out of ketchup packets and hot water.
My Grandfather paid rent and supported 7 people with the $10 he made a week from his hardware store, once got so frustrated when some guy said he was going to some chain that was cheaper that he chased the guy out screaming "go fuck yourself"
I have an aunt that rode the rails.
Other families didn't keep working, they couldn't. They were ALL on welfare.
My Grandfather was the only man on the street who wasn't home all day playing catch with his kids. Maybe he should have taken the welfare. Three heart attacks and a loss of faith in America later the crisis basically killed him.

And you know what..these times can happen again. No matter who is in power, Democrat or republican, if it is going to happen, no one is going to stop it.

The consensus of many people who lived during the Great Depression who haven't grown delusional with age and decades of relative comfort is that the only thing that kept capitalism from collapsing was FDR's passing of various welfare programs to keep the masses appeased so they wouldn't form angry mobs and overthrow the government.

I don't believe McCain will cause a collapse...but I do believe he will do nothing to help in the event that it happens. Vote McCain and you will get complete fascism in America as the middle class wakes up one morning in poverty and becomes enraged facilitating McCain to raise security against regular citizens in an effort to keep the peace.

Vote Obama and there is a chance we can avoid some of that.

I dunno. This may all be fixed anyway.
 

D_Chocho_Lippz

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Why not hold the people who ruined the country accountable? Namely the voters and congress. Nobody made the public be dumbass spendthrifts. Nobody made the public sit on their hands while clinton, yes clinton, and bush gave away the jobs through trade agreements. The public could have called their congressmen and stopped it. Look at this bailout for L bros. The public called congress ranting and raving about it. They voted it down, and then tried to make it sweeter with some candy, and passed it anyways.
Damn... I really like you. Seem to be one of the few people (not just here, but in general) that realize that there is such a thing as personal responsibility that is completely independent of who is in office.

Just out of curiosity... who all here contacted their congressmen over the bailout - in support or opposition to the bailout (we don't need to know what side you took). Just, who contacted their representative to tell them how to represent them?

I did, twice.... to all three of my representatives.
 

D_Chocho_Lippz

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I don't believe McCain will cause a collapse...but I do believe he will do nothing to help in the event that it happens. Vote McCain and you will get complete fascism in America as the middle class wakes up one morning in poverty and becomes enraged facilitating McCain to raise security against regular citizens in an effort to keep the peace.
Interesting. In that case, I am more likely to vote McCain then.

If this ultimately leads to the poverty of the nation... I can only hope that the people won't stand for it and we will have a true revolution to fix this severely crooked government we have. I have been dreaming of this said revolution for a long time. It sounds harsh, but it is time that people are forced into being involved in politics. It is time people take back their government. Its time for the government to once again be afraid of its people instead of it's people being afraid of the government.
 

B_New End

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Damn... I really like you. Seem to be one of the few people (not just here, but in general) that realize that there is such a thing as personal responsibility that is completely independent of who is in office.

Just out of curiosity... who all here contacted their congressmen over the bailout - in support or opposition to the bailout (we don't need to know what side you took). Just, who contacted their representative to tell them how to represent them?

I did, twice.... to all three of my representatives.

I did. I Called my senators before they had a bill, and left an email with my congressman.

Then I thinked my congressman after he voted against it. (He voted for it the first time)

Last time I wrote a congressman was back in 2000, over the RIAA.
 

Phil Ayesho

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Damn... I really like you. Seem to be one of the few people (not just here, but in general) that realize that there is such a thing as personal responsibility that is completely independent of who is in office.

Just out of curiosity... who all here contacted their congressmen over the bailout - in support or opposition to the bailout (we don't need to know what side you took). Just, who contacted their representative to tell them how to represent them?

I did, twice.... to all three of my representatives.

I contacted all 3 of my congressmen- and BOTH of the campaigns.

You want to point out personal responsibility-

I will give you personal responsibility.

When I rail agaisnt Republican policy and politicians, I am railing against the PEOPLE who blindly supported and blindly enacted that policy DESPITE plenty of warnings that it wasn't working so good.

Bush and Cheny are personally responsible.

Every single asshole in congress who spouts "free market deregualtion" is personally responsible.

Every single fuck who voted to de-regulate media ownership- Which had been regualted to prevent the very kind of lopsided propagandisitc drivel that passes for journalism today... keeping the voters in the dark...

Every single ignorant, oblivious, imbecile of a "conservative" who supported the republican party DESPITE the party's utter failure to pursue a cosnervative economic policy- despite their military excesses-- their deficit spending, their refusal to raise the funds to pay for their wars.

THESE are the people who MADE the choices that led us ALL to this disaster.

Don't blame the American people who tried to buy a home when their GOVERNMENT was telling them to buy and promising the loan products were rock solid.

Don't blame the people who were raised in a world of improving wages, and had every reason to expect their wages would rise, AS PROMISED BY REPUBLICAN FREE MARKETEERS, only to find their real wages FALL year after year until they could not support the debt that their LEADERSHIP encouraged them to incur.


NONE OF US is depression proof- ITs NOT a matter of 'working harder' and 'being responsible'
that is an Elitist fuck thing to say.

The poor are often the hardest working people in this country, and NONE of them WANT to get thrown on the street cause their jobs got offshored so some CEO could get a multimillion dollar bonus.


The MAJORITY of home defaults are NOT the poor who bought under Clinton's more intelligent policies... They have had the lowest default rate in the country.

It's the Middle Class that are defaulting- cause they thought they would take advantage of the speculation to make some big money fast with no work at all.
It's the middle classers who tried to buy up into one of the new mini- mansions to live the BIG life like all the other rich fucks...

THOSE are where the defaults are coming from.

And, hey, trust me, it won't be long before folks who bought LONG ago with regular mortgages, and who DEPEND on their paycheck to make that payment, find they no longer have a job, thanks to this irresponsible administration and the party that rubber stamped his every whim...

And when they lose that job- that regular paycheck...they will lose their homes, too...


It pisses me off when conservative shits imagine that THEY are doing good because they are "better" than others...

Not one of you is immune from losing your job. and in a depression, there won't be anyone hiring...

Like the poor... you are just a handful of paychecks away from losing everything.

So don't spout shit about how the poor have it coming... they simply live a LITTLE closer to the edge than you... so they suffer, first.


And this crap about voting FOR the collapse of western economy?

Shame on you.

Study some fucking history... or spend some time in the poorer sections of Calcutta...
You are the kind of person who can just toss off the 500,000 lives lost in Iraq as nothing.... actually root FOR massive widespread suffering....
Until its YOUR loved ones begging for bread.


The kind of self absorbed ignorance you display is what is REALLY at the core of this crisis.


WHo's responsible?

People like YOU are.



ANYone not voting for an entirely DIFFERENT approach is responsible.

A collapse and revolution may yet come, no matter what we do... BILLIONS of people suffering, wars and death and famine...

That is horror enough without you wishing it so.
 

marleyisalegend

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The economy has very little to do with the Administration.

That's the most ignorant thing I've heard in 23 years. Are you aware of a single piece of paper Bush has signed since taking office? What about previous presidents? Are you under the impression that all they've done is try to help keep things progressing in this country?

It's very convenient and simple to place blame and avoid responsibility. In fact, I believe that is the thesis of the Democratic Party. Er, that's what you call, "fair" via Joe Biden.

The unfortunate (some truly unfortunate, most lazy) are deserving of the fruits of those who sacrifice and are productive.

It's also convenient to blame civilians, of course the government had NOTHING to do with this.:rolleyes:

:crackhead:


:tool:
 
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faceking

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I contacted all 3 of my congressmen- and BOTH of the campaigns.

You want to point out personal responsibility-

I will give you personal responsibility.

When I rail agaisnt Republican policy and politicians, I am railing against the PEOPLE who blindly supported and blindly enacted that policy DESPITE plenty of warnings that it wasn't working so good.

Bush and Cheny are personally responsible.

Every single asshole in congress who spouts "free market deregualtion" is personally responsible.

Every single fuck who voted to de-regulate media ownership- Which had been regualted to prevent the very kind of lopsided propagandisitc drivel that passes for journalism today... keeping the voters in the dark...

Every single ignorant, oblivious, imbecile of a "conservative" who supported the republican party DESPITE the party's utter failure to pursue a cosnervative economic policy- despite their military excesses-- their deficit spending, their refusal to raise the funds to pay for their wars.

THESE are the people who MADE the choices that led us ALL to this disaster.

Don't blame the American people who tried to buy a home when their GOVERNMENT was telling them to buy and promising the loan products were rock solid.

Don't blame the people who were raised in a world of improving wages, and had every reason to expect their wages would rise, AS PROMISED BY REPUBLICAN FREE MARKETEERS, only to find their real wages FALL year after year until they could not support the debt that their LEADERSHIP encouraged them to incur.


NONE OF US is depression proof- ITs NOT a matter of 'working harder' and 'being responsible'
that is an Elitist fuck thing to say.

The poor are often the hardest working people in this country, and NONE of them WANT to get thrown on the street cause their jobs got offshored so some CEO could get a multimillion dollar bonus.


The MAJORITY of home defaults are NOT the poor who bought under Clinton's more intelligent policies... They have had the lowest default rate in the country.

It's the Middle Class that are defaulting- cause they thought they would take advantage of the speculation to make some big money fast with no work at all.
It's the middle classers who tried to buy up into one of the new mini- mansions to live the BIG life like all the other rich fucks...

THOSE are where the defaults are coming from.

And, hey, trust me, it won't be long before folks who bought LONG ago with regular mortgages, and who DEPEND on their paycheck to make that payment, find they no longer have a job, thanks to this irresponsible administration and the party that rubber stamped his every whim...

And when they lose that job- that regular paycheck...they will lose their homes, too...


It pisses me off when conservative shits imagine that THEY are doing good because they are "better" than others...

Not one of you is immune from losing your job. and in a depression, there won't be anyone hiring...

Like the poor... you are just a handful of paychecks away from losing everything.

So don't spout shit about how the poor have it coming... they simply live a LITTLE closer to the edge than you... so they suffer, first.


And this crap about voting FOR the collapse of western economy?

Shame on you.

Study some fucking history... or spend some time in the poorer sections of Calcutta...
You are the kind of person who can just toss off the 500,000 lives lost in Iraq as nothing.... actually root FOR massive widespread suffering....
Until its YOUR loved ones begging for bread.


The kind of self absorbed ignorance you display is what is REALLY at the core of this crisis.


WHo's responsible?

People like YOU are.



ANYone not voting for an entirely DIFFERENT approach is responsible.

A collapse and revolution may yet come, no matter what we do... BILLIONS of people suffering, wars and death and famine...

That is horror enough without you wishing it so.

Phil...Phil... Phil, Phil, Phil. Phil. Babe. Phil.

I will buy you a Gold Membership, if you can supply us with a Clift Notes of your rants, errr rhetoric. That would be shear beauty.

Every now and then you have a nice concrete supportable stance (whether agreeable or not), but then it's mired in this just "12 Monkeys a la Brad Pitt" crap. Such a shame.
 

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faceking

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That's the most ignorant thing I've heard in 23 years. Are you aware of a single piece of paper Bush has signed since taking office? What about previous presidents? Are you under the impression that all they've done is try to help keep things progressing in this country?



It's also convenient to blame civilians, of course the government had NOTHING to do with this.:rolleyes:

:crackhead:


:tool:

No offense... but you are 23... so I'm curious of your background, much less experience, on economics.... modern portfolio theory, Milton Friedman, M1, M2.... how a derivative works.... debt ratios...

Nevermind. Bush should be shot or hung... whatever gets the best rights. Right on, bro.
 

faceking

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The MAJORITY of home defaults are NOT the poor who bought under Clinton's more intelligent policies... They have had the lowest default rate in the country.

It's the Middle Class that are defaulting- cause they thought they would take advantage of the speculation to make some big money fast with no work at all.
It's the middle classers who tried to buy up into one of the new mini- mansions to live the BIG life like all the other rich fucks...

You are half right...

1. I saw high school dropouts making $90K a year here in SF, doing HTML screen mockups for investment banks in the early days of the web. That was the benefit of the dot.com boom for your "remarkable" low default rates.

2. Look at you Phil.... my boy is all grown up, and called out the they-shoulda-known-better middle class betting the real estate market like they did the stock market a few years earlier.

Yet Obama wants to make sure they keep their homes... not sure who is going to pay for it. Given we are all going to be renters in a down real estate market, we'll all be able to afford to keep the minority, super low income folk in their home, under the auspices of racism, and stepping on inner city. Lovely.
 

pym

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Carefull there "BRO", your snide racist interior is really showing. Not that it isn't OBVIOUS to the least observant reader here on this forum.
 

D_Bob_Crotchitch

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One of the largest problems facing the nation is the lack of personal savings of the citizens. So much of the so called golden era was funded with foreign investment. The congress is willing to bail out big firms to keep the foreign governments such as China from cutting their losses, and pulling out their money. If you think money is tight now, yank out all the foreign capital. I wonder how many of the people on here even have one year of living expenses saved in an emergency fund.

FDR did not keep the economy from collapsing. His domestic programs were funded with funny money but they gave the public false hope that things were getting better. Only World War 2 pulled this country out of the depression. The war in Europe started US factories humming by producing weapons, and any other item needed for war. It destroyed European factories, and the great loss of lives reduced their work force.

What the US is about to endure is a repeat of what Japan has endured. Rampant irresponsible personal spending, outsourcing of jobs, and low personal savings all worked to plunge Japan into a prolonged recession.
 

faceking

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Hootie, are the people of the USA who lost 2 TRILLION dollars out of there pension funds in the last 15 months CULPABLE for not saving and losing even more to there financial institutions? Just wonderin'.

Retirement account losses near $2 trillion - Retirement - MSNBC.com

Explain how they "lose money to the financial institutions"... so the financial institutions should of gained 2 Trillion? Where did the money go? Money just doesn't disappear? Someone must have the 2 trillion?

I'm longing for you to prove your economic where-with-all.

P.S. I know the answer, and I know what you mean, but need to point out your niave and myopic understanding (or lack thereof).
 

faceking

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Carefull there "BRO", your snide racist interior is really showing. Not that it isn't OBVIOUS to the least observant reader here on this forum.

If/when all fails... pull out the racist card on a conservative/GOP. Epic.

What next, you are going to go to "the moms".