Debt Debate in Congress

[Teatownclown]

Holy crap put the damned pipe down.

I knew better than to ask you a serious question.

You obviously remain oblivious to making money in the market...

[nathanm]

We have a malaise so we elect Carter?

I think it's funny that you're blaming Obama for that which the criminally fraudulent bankers caused. Anything to make it about the guy in office rather than the real culprits.

[guido911]

I think it's funny that you're blaming Obama for that which the criminally fraudulent bankers caused. Anything to make it about the guy in office rather than the real culprits.

You're right. Everything Obama's has done to fix the economy has been error-free and he is the greatest president of all time. There, feel better? But then again, there is this from April last year:

"Today is an encouraging day. We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs. We are beginning to turn the corner," Obama told workers at a battery components plant in North Carolina, a key battleground state he won in the 2008 presidential election.

http://www.reuters.com/article/2010/04/02/us-obama-jobs-idUSTRE6311WC20100402
[Emphasis added].

Conan was right in calling you out as an essentially an Obama sycophant and apologist.

[we vs us]

We have a malaise so we elect Carter?

You might remember the Bush II administration, which, by the time it was on the outs, was distrusted by many, had seen two wars, Katrina, and the worst economic calamity in generations under its belt, not to mention a whole slew of secondary and tertiary erosions of American integrity, some of which were real, some of which were exaggerated, and some of which were rumors only.  Whether you were a Bush fan or not, you have to agree that by the end of his 8 years, very many people were disillusioned and looking for change. 

Remember how Obama marketed himself?  That only works if its layered on top of some severe national unhappiness.

[Conan71]

You might remember the Bush II administration, which, by the time it was on the outs, was distrusted by many, had seen two wars, Katrina, and the worst economic calamity in generations under its belt, not to mention a whole slew of secondary and tertiary erosions of American integrity, some of which were real, some of which were exaggerated, and some of which were rumors only.  Whether you were a Bush fan or not, you have to agree that by the end of his 8 years, very many people were disillusioned and looking for change.  

Remember how Obama marketed himself?  That only works if its layered on top of some severe national unhappiness.

If I didn't know you better, I'd almost think you'd just blamed Katrina on Bush II

Your characterization could also apply just as easily to the final days of the Clinton Administration.  Keep in mind, I hold President Clinton in somewhat high regard for the period of prosperity he presided over.  I'm of the belief we either were completely ignorant of the leverage involved in the maverick-style investing and growth of the late '90's/early '00's or chose to simply keep permissive policies in place which allowed for things like credit default swaps, etc. to manifest themselves.  Let's face it, Clinton and Bush both were pretty friendly to Wall St.  They also both knew what sort of leadership resulted in job growth, expansion of private enterprise, and a robust economy.

Regardless of what President Obama walked into, he's not viewed as a pro-business president, therefore I believe a lot of money will remain on the sidelines until after the 2012 election in hopes a more "business friendly" president is elected.  I'm just telling you the perception.  

Oh, what he ran on?  You mean change?  There's you a failboat load of fail.

[nathanm]

You're right. Everything Obama's has done to fix the economy has been error-free and he is the greatest president of all time.

You really enjoy putting words in my mouth. It's a sad that feel the need to make smile up like that.

Once again, Obama did not cause the financial crisis. He did not cause the recession. Could he have done more? Yes. A much larger stimulus package that actually put people to work rather than giving them tax breaks would have been very helpful. Whether it would have been enough, I can't say, but he definitely has not handled the situation as well as could be hoped for. This is partly his own doing and partly the Republicans in Congress doing their best to oppose every policy of his, no matter where on the political spectrum it comes from. They even oppose things that the Republican base would be happy with. This is why people lay more blame for the economy at the feet of Congress than Obama.

Regardless, you seem to be hell bent on blaming Obama for causing a crisis that began before he was even in office. You rail against him instead of the assholes who actually caused the problem. (This includes regulators, bankers, hedge fund managers, mortgage brokers, appraisers, and even a few homeowners) Their fraudulent schemes are what brought us such large losses in wealth, jobs, and growth. Ignore that at our collective peril.

[Conan71]

This is partly his own doing and partly the Republicans in Congress doing their best to oppose every policy of his, no matter where on the political spectrum it comes from. They even oppose things that the Republican base would be happy with. This is why people lay more blame for the economy at the feet of Congress than Obama.

That might fly except he had a Democrat House and Senate up until this last January.  Try again.

[Breadburner]

You really enjoy putting words in my mouth. It's a sad that feel the need to make smile up like that.

Once again, Obama did not cause the financial crisis. He did not cause the recession. Could he have done more? Yes. A much larger stimulus package that actually put people to work rather than giving them tax breaks would have been very helpful. Whether it would have been enough, I can't say, but he definitely has not handled the situation as well as could be hoped for. This is partly his own doing and partly the Republicans in Congress doing their best to oppose every policy of his, no matter where on the political spectrum it comes from. They even oppose things that the Republican base would be happy with. This is why people lay more blame for the economy at the feet of Congress than Obama.

Regardless, you seem to be hell bent on blaming Obama for causing a crisis that began before he was even in office. You rail against him instead of the assholes who actually caused the problem. (This includes regulators, bankers, hedge fund managers, mortgage brokers, appraisers, and even a few homeowners) Their fraudulent schemes are what brought us such large losses in wealth, jobs, and growth. Ignore that at our collective peril.

You're going to wind up like the guy with the killer bear.....

[Gaspar]

That might fly except he had a Democrat House and Senate up until this last January.  Try again.

Conan,
He doesn't get it.  We really don't care who caused the problem.  It's the "problem" that needs to be fixed!

The president spends all of his time playing first the "blame Bush" game, then the "blame the bankers" game, now the "blame the corporate jet owners" game. 

Class warfare bullsmile is only good for the campaign trail where you are trying to buy the votes of the folks who don't know no better. 

The problems he "inherited" still exist and have gotten significantly worse, because instead of fixing them he sought to continue to dole out the blame.  Every solution offered, even by his very own blue ribbon commissions he has brushed aside because they don't fit in with the entitlement mentality he cultivated on the campaign trail.

Nate is an excellent example of that mentality.  Nate is obviously a very intelligent man who wants so badly to believe in this complex construction of disjointed economic logic, that he pontificates with ever increasing pain and constipation his ardent belief in the "spirit" of President Obama over the reality of his actions.

Nate,
President Obama assembled the best and the brightest economic minds in 2010 to solve the debt crisis at the celebration of his own congress.  They returned an exhaustive report that contained truths that neither party was comfortable in addressing, and warned of the consequence of inaction.  He chose not to act!  He chose to dismiss the recommendations because they did not agree with HIS goals.  Now we are faced with the consequences of HIS decisions, and again we are seeing a decision making process based not on what is best for the country, but what is best for HIM.

He has gone from simple incompetence to danger, but he still has a following willing defend him tooth & nail because they want to believe in the spirit of the man over the reality of his actions.

[Conan71]

Gaspar, aside from the blame game, he also wasted utilized his first two years in power working on his legacy issues like health care reform and getting his quid pro quo's all done in the first two years instead of seriously focusing on the economy and meaningful ways to create jobs.  I honestly believe he has no idea how a job is created so he keeps punting by spending more on "income security" hoping he can maintain unemployment at no higher than 10%.

I'm curious how badly the poodle's words of: "We own this economy" are going to hurt come Nov. 2012.  I can only assume it will be time to blame Bush again and that the Obama administration hasn't bungled the debt crisis even though deficit spending skyrocketed under his watch all while he's never presented a real budget.

Does anyone realize if someone exhibited such incompetence and hubris as CEO of, say, GE or Coca Cola, they would have been fired months ago?

[guido911]

Conan,
He doesn't get it.  We really don't care who caused the problem.  It's the "problem" that needs to be fixed!

The president spends all of his time playing first the "blame Bush" game, then the "blame the bankers" game, now the "blame the corporate jet owners" game. 

Class warfare bullsmile is only good for the campaign trail where you are trying to buy the votes of the folks who don't know no better. 

The problems he "inherited" still exist and have gotten significantly worse, because instead of fixing them he sought to continue to dole out the blame.  Every solution offered, even by his very own blue ribbon commissions he has brushed aside because they don't fit in with the entitlement mentality he cultivated on the campaign trail.

Nate is an excellent example of that mentality.  Nate is obviously a very intelligent man who wants so badly to believe in this complex construction of disjointed economic logic, that he pontificates with ever increasing pain and constipation his ardent belief in the "spirit" of President Obama over the reality of his actions.

Nate,
President Obama assembled the best and the brightest economic minds in 2010 to solve the debt crisis at the celebration of his own congress.  They returned an exhaustive report that contained truths that neither party was comfortable in addressing, and warned of the consequence of inaction.  He chose not to act!  He chose to dismiss the recommendations because they did not agree with HIS goals.  Now we are faced with the consequences of HIS decisions, and again we are seeing a decision making process based not on what is best for the country, but what is best for HIM.

He has gone from simple incompetence to danger, but he still has a following willing defend him tooth & nail because they want to believe in the spirit of the man over the reality of his actions.

[Gaspar]

Gaspar, aside from the blame game, he also wasted utilized his first two years in power working on his legacy issues like health care reform and getting his quid pro quo's all done in the first two years instead of seriously focusing on the economy and meaningful ways to create jobs.  I honestly believe he has no idea how a job is created so he keeps punting by spending more on "income security" hoping he can maintain unemployment at no higher than 10%.

I'm curious how badly the poodle's words of: "We own this economy" are going to hurt come Nov. 2012.  I can only assume it will be time to blame Bush again and that the Obama administration hasn't bungled the debt crisis even though deficit spending skyrocketed under his watch all while he's never presented a real budget.

Does anyone realize if someone exhibited such incompetence and hubris as CEO of, say, GE or Coca Cola, they would have been fired months ago?

I guess I'm just amazed at how he has hung on to the support of so many.  We didn't' see this with Carter.  Of course Carter didn't have the cult of personality either.

[Conan71]

I guess I'm just amazed at how he has hung on to the support of so many.  We didn't' see this with Carter.  Of course Carter didn't have the cult of personality either.

Yeah, poor Carter, he didn't have the Sheriff Bart thing going for him, did he?

[Breadburner]

[guido911]

You really enjoy putting words in my mouth. It's a sad that feel the need to make smile up like that.

Once again, Obama did not cause the financial crisis. He did not cause the recession. Could he have done more? Yes. A much larger stimulus package that actually put people to work rather than giving them tax breaks would have been very helpful. Whether it would have been enough, I can't say, but he definitely has not handled the situation as well as could be hoped for. This is partly his own doing and partly the Republicans in Congress doing their best to oppose every policy of his, no matter where on the political spectrum it comes from. They even oppose things that the Republican base would be happy with. This is why people lay more blame for the economy at the feet of Congress than Obama.

Regardless, you seem to be hell bent on blaming Obama for causing a crisis that began before he was even in office. You rail against him instead of the assholes who actually caused the problem. (This includes regulators, bankers, hedge fund managers, mortgage brokers, appraisers, and even a few homeowners) Their fraudulent schemes are what brought us such large losses in wealth, jobs, and growth. Ignore that at our collective peril.

Must. Resist. Urge. Over. Nate's. Mouth. And. Obama's...........recipe for spaghetti. In your laundry list of who is to blame for the crisis, funny you would omit government's role. You know, the government that included Obama since 2006? Apparently our government is just horrible when you disagree with the republicans' positions on issues, and when Bush is president. And since you excluded government as the source of our financial problems, then why does Bush get all the blame for it?