Is Barack Obama floundering...?

[DiscoMan]

In 2-1/2 weeks the DJIA has dropped 1460 points – 18%. Like it or not Wall Street still controls the USA and by extension the world. As the feckless Obamanites float one poorly thought out financial recovery (tax and spend) scheme after another the people are voting with their wallets – by keeping them closed. No consumer spending and no investing in stocks...and the economy continues to tank To be sure the greed, corruption and massive criminality on Wall Street has caused this economic collapse and just as sure the Obamanites have no clue as to what to do. Perhaps they would be better off to do nothing and let the marketplace clean up its own mess.

I would suggest they pull all this inflationary TARP money, end the nationalization of failing businesses (let them all go Chapter 11) together with their dreams of a socialist utopia and govern the USA as it is (warts and all) and forget this socialist idiocy. I had high hopes for BO, after a month he’s looking more like that failed nincompoop Jimmy Carter (does the double standard apply to “nincompoop Jimmy Carter”, which is only my opinion, afterall…).

Remember the mid-term election in 2010…

Your thoughts?

[paul]

My friend, we have had nearly 30 solid years of conservative right-wing trickledown economics suicide.
Quite frankly, I'm more concerned about the lives of people on main street. And even if if the greedy, rich, self interested bastards on wall street can't see past the billions they've sucked out of the economy, it is main street where true recovery will begin for them too.

I may have some misgivings about the President's unwillingness to go full-bore and take on the "economic royalist", but it's only been a few weeks. You've had 8 god damn years of the bush-cheney criminal cabal raiding the treasury. I certainly don't wanna hear from that side of the political spectrum discussing economics.
Nothing personal DM but you must be a rich republican to make your case, otherwise you have to a brain dead republican!

[DiscoMan]

W's raid on the U.S. Treasury pales in comparison to what BO is doing.
I'm not a rich republican, just a grandson of two interracial marriages and the first in my family to get a college education - that I paid for from a state school. I've worked in manufacturing my entire life and just watched my entire retirement get wiped out.

So far BO hasn't done a d**n thing that makes me hopefull for my future and I don't intend to live my final years on the res. Or the USG dole.
I see a left wing coup d'etats, which is not what the country voted for.

[paul]

The country voted for a more left agenda when they voted this president and congress in, period!
As for your retirement, you're not blaming that on President Obama are you?
Just rememeber, if it were up to a conservative agenda, our social security like many 401ks would have been pissed away in the stock market.

[BrunoRepublic]

So DM... you think people are scared now? You'd prefer it if market forces continued to determine the path, so that more banks collapse, millions of people have their savings (not just their investments) wiped out, everyone loses faith in the whole financial system, switches to stuffing cash under mattresses or hoarding gold bars, and the remaining financial institutions crumble as everyone rushes to withdraw their money? You'd prefer it if it was impossible for anyone to get any kind of mortgage or a car loan? No property ownership or cars unless you can pay in full, up-front? You want to see your country, which is almost entirely dependent on the automobile, be at the mercy of foreign automakers because they'll be the only ones left standing?

Seriously, you want that? This isn't just about a few incompetent bankers getting their comeuppance or some badly-run dinosaur businesses finally coming down. It's much bigger than that.

Yes, the bailouts suck. They suck big-time, and everyone knows it. But the alternative scenarios are far worse. Sometimes your only option is to pick the least of all evils.

[DiscoMan]

I agree that the country voted for a left of center agenda. I support a left of center agenda, myself – within reason (ie subject to debate). The country didn’t vote for a far-left coup d’etat. What this giveaway shaping up to be and BO has no mandate by far – a slight majority does not a mandate make.

We need change and though the Republican Party has made itself irrelevant they still represent a significant proportion of the electorate – the definition of “republic”. And I would say the same about the dems if the situation were reversed.

SSI reform is dead for the rest of my life.

I’m not blaming BO for the economic fraud and criminality that has brought our economy crashing down, but the democrats certainly had a hand in it – NAFTA, CAFTA, WTO, Chris Dodd and Barney Frank are all dem initiatives.

Investors are expressing their support (lack of) for BO’s give away by pulling their money out of the stock market. Where is the accountability of the perpetrators of this theft? Including accountability for the enablers of both parties in the USG. BO has dumped massive $$$ into a monumental giveaway; supposedly to clean this mess up and the reality is that it's nothing but a power grab and payoff. And I'm not convinced that the alternative is far worse - get the toxic mortgages of the banks' books, lock the perps up and confiscate their property and assets and let the economy proceed. Albeit with some rules...

[remicks]

****

So far ....I'll admit to being disappointed somewhat in Obama .....although I was never under any delusions that its the President of this country that actually wields the power of national (world) decision making .....AND at this point O's main focus is just trying to salvage some type of normalcy from the sorry state of affairs dumped on him.

Still....what are the conservatives bitching about?? They have always claimed that taxes and building up a huge government coffer to run things was unAmerican ... that what's needed is for the money to be kept in the hands of the private sector.... because they'll better manage it ((:icon_eek:))) and make it work for the benefit of all thanks to trickle down.

OK ...so here we have it ....
the government is transferring over trillions of dollars to the private sector so they can get on with doing their thing ...and yet the political crowd that believes that's the right way to run things: now feigns outrage about it ........:icon_eek::icon_question:.....

Good God, those overly rich sobs are still getting their money ( thanks to the government they hate) ..... & ....isn't that all these folks are about!!

It's all phony posturing and game playing .....

Obama is just continuing along the same path that Bush did .... continuing to build on that same economic rescue plan that Maverick McCain rushed back to Washington to create (remember ?) :icon_razz: !!!

*****

[DiscoMan]

It's all phony posturing and game playing .....

Obama is just continuing the same path that Bush did .... continuing with that same economic rescue plan that Maverick McCain rushed back to Washington to create (remember ?)

I agree and this is one reason why I would pull the plug on this "bailout". These thieves have already stolen enough money...
It would be nice to see Government level the playing field between the corporations and everyone else, but that will never happen because both parties are owned by the corpoartions. So instead BO feeds us this pablum about economic catasrophe, sends Eric Holder after "assault weapons" to save Mexico; as if those same smugglers who smuggle thousands of tons of drugs through Mexico couldn't smuggle thousands of tons of weapons into Mexico, and gets into a stupid public fight with Rush Limbaugh... The BO administration is striking me as being a bunch of naive college elites.

And then we have the Russians sticking it up his *** (double standard).

[DiscoMan]

The latest employment numbers support the argument that BO's radical economic policies are;
A. Killing the DJIA
B. Killing any recovery
C. Killing employment

This is Jimmy Carter redux. I was hoping BO would be a mix of the best economic policies of John Kennedy and Bill Clinton NOT Jimmy Carter.

And remember Jimmy Carter set the stage for Ronald Reagan...

[remicks]

****

Stop listening to RUSH !!!:icon_razz::icon_razz::icon_razz::icon_razz:

******

[DiscoMan]

I don't listen to Rush.
He listens to me...:icon_cool:
Seriously, I don't; I'm working while he's on the air.
I am concerned, BO is supposed to be "The Annointed One" and so far he is a big disapointment. And we can't afford a disapointment - he's not focused and it shows.

[markydefad]

Shiver me timbers, lands sakes alive, great balls of fire, good golly Miss Molly..... :icon_exclaim::icon_exclaim::icon_exclaim:

Obama's been POTUS for 6 weeks and, you're telling me he hasn't solved the world's problems???? The teeny mess he inherited that's been 30 years in the making???? He's had 6 weeks, fer christ's sake!!!

....get me to my fainting couch---I'm feelin' a massive case of the vapors. I've lost all faith.

[DiscoMan]

It's not the lack of results, it's the "lack" of direction.

[remicks]

Shiver me timbers, lands sakes alive, great balls of fire, good golly Miss Molly..... :icon_exclaim::icon_exclaim::icon_exclaim:

Obama's been POTUS for 6 weeks and, you're telling me he hasn't solved the world's problems???? The teeny mess he inherited that's been 30 years in the making???? He's had 6 weeks, fer christ's sake!!!

....get me to my fainting couch---I'm feelin' a massive case of the vapors. I've lost all faith.

:icon_lol: :icon_lol: :icon_lol:

Yep
this same Hannity crowd that's trying to tag this already existing mess as "Obama's Failed Economy" are the same Limbaugh types that said 9/11 was in no way lil' Bush's fault because he'd only been president for eight lil' months ! :icon_twisted: :icon_twisted:

what 's the name of that game you're playing...what's the name of that game

DiscoMan:
It's not the lack of results, it's the "lack" of direction.

You must've missed it. We turned left ! :icon_mrgreen:

[Dayna]

My friend, we have had nearly 30 solid years of conservative right-wing trickledown economics suicide.
Quite frankly, I'm more concerned about the lives of people on main street. And even if if the greedy, rich, self interested bastards on wall street can't see past the billions they've sucked out of the economy, it is main street where true recovery will begin for them too.

I may have some misgivings about the President's unwillingness to go full-bore and take on the "economic royalist", but it's only been a few weeks. You've had 8 god damn years of the bush-cheney criminal cabal raiding the treasury. I certainly don't wanna hear from that side of the political spectrum discussing economics.
Nothing personal DM but you must be a rich republican to make your case, otherwise you have to a brain dead republican!

OMG.. LMAO........
I KNOW THA'S RIGHT
And the crowd breaks into wild applause
As Pepper Labeja' in Paris is Burning would say(10's across the board"...... Sashay Chante

[thommy2458]

Remember the mid-term election in 2010…

Your thoughts?

My thoughts are that you've got to be kidding me right?
Has it been 3 months yet and the vultures are swarming around like a pack of maniacal "told you so's"-but I predicted this would happen.Can you even imagine the
pressure Obama was given when he was sworn in,like
yesterday? And the mess that was dropped in his lap
like a gift from hell?-but he has remained cool as a cucumber despite the leftover mess from the past 8 years.
The American public spoke out very loudly this past election,and it would behove the bitter naysayers to shut
up and to try to help the situation instead of talking
about the next election.This is a time where we need to come together and help each other-and if that's being a socialist then slap the label on me and put a bright blue ribbon on top,I am through with all this negativity.Give the man some space to do his job-he may surprise you.
Thom

[paul]

OMG.. LMAO........
I KNOW THA'S RIGHT
And the crowd breaks into wild applause
As Pepper Labeja' in Paris is Burning would say(10's across the board"...... Sashay Chante

Yeah Dayna, Marky remicks, DM, thommy, etc., even though the President is no liberal, and I have some concerns about his cabinet and positions on certain policies, I'm taking a wait and see approach.

As a sidenote, some of you might remember I was and still am a huge Howard Dean man. He is now back at his grassroots organization, Democracy For America.
What's interesting is Pres Obama didn't find a place for him in his cabinet. Given it was Dean's DFA that helped Obama early on, along with the 50 state strategy that helped Obama get elected.
I would love to read some inside politics on this but have yet to read anything credible.

[Dayna]

Uncovered Photos of Obama's Secret Seventies Disco Funk Past

My thoughts are that you've got to be kidding me right?
Has it been 3 months yet and the vultures are swarming around like a pack of maniacal "told you so's"-but I predicted this would happen.Can you even imagine the
pressure Obama was given when he was sworn in,like
yesterday? And the mess that was dropped in his lap
like a gift from hell?-but he has remained cool as a cucumber despite the leftover mess from the past 8 years.
The American public spoke out very loudly this past election,and it would behove the bitter naysayers to shut
up and to try to help the situation instead of talking
about the next election.This is a time where we need to come together and help each other-and if that's being a socialist then slap the label on me and put a bright blue ribbon on top,I am through with all this negativity.Give the man some space to do his job-he may surprise you.
Thom

AMEN..
As allot of us know..
Your average,(not all)"straight, white, un transgenderd person" is going to be scared of what they think will compromise their comfort level.
Their comfort level being things staying as unbalanced and one sided as they have always been..Let's get down to the real issue.
Some of their apprehension is due to pure
Prejudice and ignorance.I have faith in Obama because faith is all I have to go on plus I voted for Him.
I will certainly tell you that anything will be better than the last two presidential terms we have barely survived.
and Thommy is so correct in saying give the man a chance and stop sweating President Obama~!!
I know one thing. MIchelle will be playing some of the best music the White House has ever heard..
Look at and read this article below..
So Disrespectful.. See how Disco is also linked to some people's UN-comfort level?
Uncovered Photos of Obama's Secret Seventies Disco Funk Past

[paul]

You know, I would have loved the disco Obama but there is one obvious flaw in this Obama smear. The "young" Barack looks as old as he does now. That so called "kid" looks like a man in his 40s at studio 54.

Nice try for those guys but they should have tried and get a younger Barack photo to "smear" him.

[DiscoMan]

The Annointed One's administration is certainly beginning to look like a motley collection of left-wing amateurs:

arrested in FBI raid at Obama appointee's office March 12, 2009 - 12:20pm

WASHINGTON - A D.C. Office of the Chief Technology Officer employee and a private contractor have been arrested in a federal bribery sting, sources tell WTOP.
D.C. Office of the Chief Technology Officer employee Yusuf Acar and Advanced Integrated Technologies Corporation (AITC) President and CEO Sushil Bansal have been arrested, sources tell WTOP.
Acar, 40, was taken into custody Thursday morning by FBI agents at his home in Northwest D.C.
In 2008, Bansal's firm received .Net Development Support and Peoplesoft Consulting Support contracts from the D.C. Office of the Chief Technology Office totaling $350,000.
AITC has also received contracts from the D.C. Department of Motor Vehicles. In 2008, Bansal received the Entrepreneur of the Year Award from the Association of Indians in America, according to AITC's Web site.
The FBI is now serving a search warrant at the office of D.C.'s Chief Technology Officer, WTOP has learned.
"We are there as part of a continuing ongoing criminal investigation," FBI Washington Field Office spokesperson Katherine Schweit tells WTOP.
Schweit would not comment on the details of the investigation.
More than a dozen FBI agents - including evidence technicians - at the office, located at 1 Judiciary Square on 4th Street in Northwest, WTOP's Mark Segraves reports.
Most of the employees have been told to go home. Other employees have been segregated into a waiting room.
Segraves reports the FBI's search has expanded from 9th floor offices to 10th floor offices.
A spokesman for D.C.'s U.S. Attorney tells WTOP he cannot discuss the investigation, as it is currently sealed.
On March 5, President Barack Obama named D.C. Chief Technology Officer Vivek Kundra as the federal government's chief information officer.
Kundra's last day was March 4.
Kundra, who was in charge of technology in the District since 2007, has been a consultant to Obama since he won the election. (Copyright 2009 by WTOP. All Rights Reserved.)

[thommy2458]

The Annointed One's administration is certainly beginning to look like a motley collection of left-wing amateurs:

.
. (Copyright 2009 by WTOP. All Rights Reserved.)

So your getting your information from WTOP which is
a news station owned entirely by The Church of Latter Day Saints(aka-Mormons)?
I'll say it again-you've got to be kidding me,right?
Thom

[DiscoMan]

The Annointed One (I like that) is filling positions in his administration with too many left-wing crack-pots and people of questionable ethics.

WTOP? You are prejudiced against Mormons and against Mormons owning radio stations?

[needlefingers]

The Annointed One (I like that) is filling positions in his administration with too many left-wing crack-pots and people of questionable ethics.

WTOP? You are prejudiced against Mormons and against Mormons owning radio stations?

Hmmmm?!?

Up all night peeing again?

Why don't you move your childish rants and tirades to a political website?

Or at least see a doctor about removing that gigantic splinter you have stuck in your butt.

We should call you DiscoBoy. Or would that be racist?

It's obvious you have hated this President since he was elected. And that you post recklessly to pick a fight.

By the way, as of this moment, stock market is up, trade deficit is down, and Citigroup reported a profit. All hail Obama!!!!

And we prefer to call him "The Elected One."

[KBallenger53]

Now I see what happens around here whenever I go away for a while!!! What's up everybody? I see we're discussing Polytricks (Politics) again. Why do I call it Poly-Tricks? Poly - many or multi sided, & Tricks - games or deceptions.

Do I think Obama's floundering? If a knockout artist is in a heavy anticipated bout that you've paid to watch on Pay-Per-View, & he doesn't K.O. his opponent in the first 5 rounds, would you say he's floundering? That means he's facing a VERY WORTHY OPPONENT, wouldn't you say?

Obama's got 8 years of cleaning up after PRESIDENT BUSH!!! And now I'm going to break down HIS name: BU - BULL, SH - ****!!! You follow me? Here's another point I want to bring out. Has there EVER been another President in US HISTORY (HIS-STORY), that has been more mocked, and more ridiculed within the first 6 months of his term like this GUY is receiving??? I was reading an article a month ago, in a weekly publication here in Jacksonville called Folio Weekly, and it's asked: SHOULD OBAMA BE IMPEACHED???

Check your HIS-STORY books before you answer!!! There are SUCH things that exist within this NATION that is inevitable, but because Barack Hussein Obama just happen's to be the FIRST, should his credibility, and intelligence be criticized???

Even I question his confidence at times. It's only natural to do so. Sure he sounds CONFIDENT whenever he's giving a Speech that has been memorized. But he does sound a bit shakey whenever it turns into a 1 on 1 conversation with his: UH'S, UM'S & AH'S!!! But let's give the GUY some time. As mentioned, it's only been 3 months, I'm sure he'll get more Savvy as time goes on.

Let's not forget. He's still got foreign affairs to deal with next, ie: IRAQ & AFGHANISTAN!!! He's over in Europe visiting the Queen right now, and visiting the Presidents of France & Germany too. It's a learning experience for The Obama's, and I'm sure he'll come up with solutions to the problems. Let's not just dump all the HELL ON HIS SHOULDERS, without trying to fix some of the "Little Things" ourselves.

By the way, I think Michelle is HOT!!!

'NUFF SAID

[mikeymcee]

There's nothing wrong spending money...as long as it's not wasted