CTFIREBATTCHIEF
Has No Life - Lives on TB
Talking now at George Mason University. looks like he's getting everybody prepared for a rough ride
ECON Obama talking now on economy
- Thread starter CTFIREBATTCHIEF
- Start date
Seeker
3 Bombs for Hawkins
Anyone Listening? The Office-of-the-President-Elect is Speaking Now
All medical records to be computerized within 5 years. . .
Immediate relief to the states, workers, and families who are bearing the weight of this recession. . .
Unemployment and health care coverage must be provided. . .
Decisions on where we will invest will be made transparant . . .
Will eliminate unwise spending?
Must move as quickly as possible.
Things may get worse before they get better.
The time has come in which to build a 21st century economy - calling on ALL AMERICANS to put good ideas ahead of . . . partisan politics . . what's good for the country . . our children will inherit. New and hopeful beginning for the United States of America.
All medical records to be computerized within 5 years. . .
Immediate relief to the states, workers, and families who are bearing the weight of this recession. . .
Unemployment and health care coverage must be provided. . .
Decisions on where we will invest will be made transparant . . .
Will eliminate unwise spending?
Must move as quickly as possible.
Things may get worse before they get better.
The time has come in which to build a 21st century economy - calling on ALL AMERICANS to put good ideas ahead of . . . partisan politics . . what's good for the country . . our children will inherit. New and hopeful beginning for the United States of America.
Rex Jackson
Has No Life - Lives on TB
IMO he wasn't being logical and was around 50% effective.
His immediate goal is to regain investor confidence by trying to convince investors that he is going to do the following:
Regulate wall street investors
Stop spending in areas that don't generate immediate return.
Create jobs in alt. energy. What he wants to do will cost TRILLIONS of dollars and it will take 10 years to get rolling. I think his proposal will work if it was proposed 10 years ago.
I think he will eventually need to ask for money...from the private sector. The same sector that just got burnt by Washington.
I just don't think we have this kind of time.
His immediate goal is to regain investor confidence by trying to convince investors that he is going to do the following:
Regulate wall street investors
Stop spending in areas that don't generate immediate return.
Create jobs in alt. energy. What he wants to do will cost TRILLIONS of dollars and it will take 10 years to get rolling. I think his proposal will work if it was proposed 10 years ago.
I think he will eventually need to ask for money...from the private sector. The same sector that just got burnt by Washington.
I just don't think we have this kind of time.
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BS!
CTFIREBATTCHIEF
Has No Life - Lives on TB
Dow going down as he talks. looks like they're not all that impressed. He's speachifying real pretty, you can hear the "campaign" inflection in his voice from time to time. speach just ended as I write this. If he wants to stop "business as usual" how about FIRST going after the nitwits in congress who got us into this mess by not keeping an eye on the Mortgage industry (Dodd and Frank come to mind).
If he wants to raise MY confidence level, he can start by holding congress's nuts in his hand and squeezing HARD to make em get their crap together and actually WORK for the American people instead of being in their own little world. (like thats gonna happen). Right now the Senate looks like an entitlement program for family members with all of the nonsense going on filling spots.
This guy has a ton of crap on his plate to deal with. I've no sympathy for him, he's the one who wanted the job. Now he better start realizing that "change" doesn't cut it. "RESULTS" cut it.
Lots of luck. cause WE'RE going to friggin need it
If he wants to raise MY confidence level, he can start by holding congress's nuts in his hand and squeezing HARD to make em get their crap together and actually WORK for the American people instead of being in their own little world. (like thats gonna happen). Right now the Senate looks like an entitlement program for family members with all of the nonsense going on filling spots.
This guy has a ton of crap on his plate to deal with. I've no sympathy for him, he's the one who wanted the job. Now he better start realizing that "change" doesn't cut it. "RESULTS" cut it.
Lots of luck. cause WE'RE going to friggin need it
tried to stream it but the feed kept breaking up and being inturpted by commercials. I could pretty well guess at everything that I missed by what I heard.
I always have these little delusions that he is going to come out and say, "now that Im in, we are going back on the gold standard" or "actually follow the constitution." I dont hold my breath.
I always have these little delusions that he is going to come out and say, "now that Im in, we are going back on the gold standard" or "actually follow the constitution." I dont hold my breath.
CTFIREBATTCHIEF
Has No Life - Lives on TB
*chuckling* NOT a problem Seeker. I guess my fingers got moving quicker after 4 cups of coffee. But yep, I second that for the Mods, if you could combine the threads it would be good.
Thomas Paine
Has No Life - Lives on TB
All blow and no go. Lots of speechifying and no details. Only thing missing was the uniformed flag toters, children with lit candles, and a rousing run thru of the Horst Wessel.
This guy is trouble and big time as in Hitler, Stalin, and Mao.
This guy is trouble and big time as in Hitler, Stalin, and Mao.
Seeker
3 Bombs for Hawkins
Has anyone here ever been the victim of a quick-change artist? You know the flim-flam man who claims you only gave him change for one dollar when he actually gave you a $5 bill? Why does this sound so familiar? Talking about "stimulus package" which involves spending trillions while telling us we must curb unwise spending? How adding to the national debt is not the same as increasing the . . . national debt?
kozanne
Inactive
There ya go. Malkin calls it "Generational Theft", because our kids/grandkids are going to get just as fleeced as we will be.......
kozanne
Inactive
Interesting take on the Generational Theft act from the Malkin site:
--snip-- [read entire article at http://michellemalkin.com/2009/01/07/the-generational-theft-act-of-2009/]
--snip-- [read entire article at http://michellemalkin.com/2009/01/07/the-generational-theft-act-of-2009/]
Seeker
3 Bombs for Hawkins
Obama warns of dire consequences without stimulus
WASHINGTON (AP) — President-elect Barack Obama said Thursday the recession could "linger for years" unless Congress pumps unprecedented sums from Washington into the economy, making his highest-profile case yet on an issue certain to define and dominate his early presidency. "I don't believe it's too late to change course, but it will be if we don't take dramatic action as soon as possible," Obama said in a speech set to be delivered at George Mason University in Fairfax, Va., outside Washington. Excerpts from his prepared text were released in advance by his transition team.
It was the fourth day in a row that Obama has made a pitch for a huge infusion of taxpayer dollars to revive the sinking economy he will inherit from President George W. Bush. Obama's events have increasingly taken on the trappings and air of the presidency, with the speech — coming a full 12 days before he takes over at the White House — a particularly showy move. Presidents-elect typically stick to naming administration appointments and otherwise staying in the background during the transition period between Election Day and Inauguration Day, but Obama has clearly made the calculation that a nation anxious about its economic outlook and eager to bid farewell to Bush needs to hear from him differently and more frequently.
"A bad situation could become dramatically worse," Obama said, painting a dire picture — including double-digit unemployment and $1 trillion in lost economic activity — that recalled the days of the Great Depression in the 1930s. Indeed, the economic news is grim. Consumers and companies are folding under the negative forces of a collapsed housing market, a global credit crunch and the worst financial crisis since the 1930s. The recession, which started in December 2007, already is the longest in a quarter-century.
A report that came out the same day as Obama's speech showed that the number of people continuing to draw jobless benefits unexpectedly rose sharply to the highest level since November 1982, demonstrating the troubles the unemployed are having in finding new jobs. And unemployment figures due out Friday are expected to show that the U.S. lost a net total of 500,000 jobs in December. If accurate, that would bring 2008's total job losses to 2.4 million, the first annual job loss since 2001 and the highest since 1945, though the number of jobs has more than tripled since then.
Speaking a day after the release of a stunning new estimate — that the federal budget deficit will reach an unprecedented $1.2 trillion this year, nearly three times last year's record — Obama acknowledged some sympathy with those who "might be skeptical" of the stimulus. Vast sums already have been spent or committed by Washington in an attempt — largely unsuccessful so far — to get credit, the lifeblood of the American economy, flowing freely once again. Such statements are coded to appeal to budget hawks in both parties, whom Obama wants to win over so that approval of a package draws wide, bipartisan support in the Democratic-led Congress.
To answer their concerns, he promised to allow funding only for what works. He also pledged a new level of transparency about where the money is going. A day earlier, he promised to tackle the out-of-control fiscal problem posed by Social Security and Medicare entitlement programs and named a special watchdog to clamp down on all federal programs. Obama made broader arguments, too, saying that the private sector, typically the answer, cannot do what is needed now. "At this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe," he said.
Obama's transition team and Democratic congressional leaders are working daily to hammer out the still-evolving package, expected to total nearly $800 billion. The initial hope had been to have a new stimulus package approved by Congress in time for Obama to sign it upon taking office on Jan. 20. That timeline has slipped considerably, into at least mid-February if not later. The package is expected to include tax cuts for businesses and middle-class workers, money to help cash-starved states with Medicaid programs and other operating costs, and a huge share for infrastructure building, investments in energy efficiency and a rebuilding of the information technology system for health care. Much of the latter portions of the plan are aimed at what Obama likes to talk about as the need for "reinvestment" and not just "recovery." Obama also promised action to address the economy's ills beyond the package, such as tackling the massive wave of home foreclosures many experts expect, preventing the failure of financial institutions, rewriting financial regulations and keeping accountable the "Wall Street wrongdoers" who engage in risky investing.
http://news.yahoo.com/s/ap/20090108/ap_on_go_pr_wh/obama_economy
WASHINGTON (AP) — President-elect Barack Obama said Thursday the recession could "linger for years" unless Congress pumps unprecedented sums from Washington into the economy, making his highest-profile case yet on an issue certain to define and dominate his early presidency. "I don't believe it's too late to change course, but it will be if we don't take dramatic action as soon as possible," Obama said in a speech set to be delivered at George Mason University in Fairfax, Va., outside Washington. Excerpts from his prepared text were released in advance by his transition team.
It was the fourth day in a row that Obama has made a pitch for a huge infusion of taxpayer dollars to revive the sinking economy he will inherit from President George W. Bush. Obama's events have increasingly taken on the trappings and air of the presidency, with the speech — coming a full 12 days before he takes over at the White House — a particularly showy move. Presidents-elect typically stick to naming administration appointments and otherwise staying in the background during the transition period between Election Day and Inauguration Day, but Obama has clearly made the calculation that a nation anxious about its economic outlook and eager to bid farewell to Bush needs to hear from him differently and more frequently.
"A bad situation could become dramatically worse," Obama said, painting a dire picture — including double-digit unemployment and $1 trillion in lost economic activity — that recalled the days of the Great Depression in the 1930s. Indeed, the economic news is grim. Consumers and companies are folding under the negative forces of a collapsed housing market, a global credit crunch and the worst financial crisis since the 1930s. The recession, which started in December 2007, already is the longest in a quarter-century.
A report that came out the same day as Obama's speech showed that the number of people continuing to draw jobless benefits unexpectedly rose sharply to the highest level since November 1982, demonstrating the troubles the unemployed are having in finding new jobs. And unemployment figures due out Friday are expected to show that the U.S. lost a net total of 500,000 jobs in December. If accurate, that would bring 2008's total job losses to 2.4 million, the first annual job loss since 2001 and the highest since 1945, though the number of jobs has more than tripled since then.
Speaking a day after the release of a stunning new estimate — that the federal budget deficit will reach an unprecedented $1.2 trillion this year, nearly three times last year's record — Obama acknowledged some sympathy with those who "might be skeptical" of the stimulus. Vast sums already have been spent or committed by Washington in an attempt — largely unsuccessful so far — to get credit, the lifeblood of the American economy, flowing freely once again. Such statements are coded to appeal to budget hawks in both parties, whom Obama wants to win over so that approval of a package draws wide, bipartisan support in the Democratic-led Congress.
To answer their concerns, he promised to allow funding only for what works. He also pledged a new level of transparency about where the money is going. A day earlier, he promised to tackle the out-of-control fiscal problem posed by Social Security and Medicare entitlement programs and named a special watchdog to clamp down on all federal programs. Obama made broader arguments, too, saying that the private sector, typically the answer, cannot do what is needed now. "At this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe," he said.
Obama's transition team and Democratic congressional leaders are working daily to hammer out the still-evolving package, expected to total nearly $800 billion. The initial hope had been to have a new stimulus package approved by Congress in time for Obama to sign it upon taking office on Jan. 20. That timeline has slipped considerably, into at least mid-February if not later. The package is expected to include tax cuts for businesses and middle-class workers, money to help cash-starved states with Medicaid programs and other operating costs, and a huge share for infrastructure building, investments in energy efficiency and a rebuilding of the information technology system for health care. Much of the latter portions of the plan are aimed at what Obama likes to talk about as the need for "reinvestment" and not just "recovery." Obama also promised action to address the economy's ills beyond the package, such as tackling the massive wave of home foreclosures many experts expect, preventing the failure of financial institutions, rewriting financial regulations and keeping accountable the "Wall Street wrongdoers" who engage in risky investing.
http://news.yahoo.com/s/ap/20090108/ap_on_go_pr_wh/obama_economy
energy_wave
Has No Life - Lives on TB
Google PACS
kozanne
Inactive
Seems to center on radiology and image acquisition/storage.
truthseeker
Inactive
Not a second in office and he is the Huge. Please tell me you dont still hold a gun and a badge.
kozanne
Inactive
http://hotair.com/archives/2009/01/...ve-to-fear-is-a-sustained-depression/?print=1
0bama's going to own this one.
0bama's going to own this one.
florida panhandle
Inactive
That's a chilling thought."Want free health care, take the Mark, I mean chip."
The sheep would be led to an easy slaughter.JMHO
These two items alone seem highly contradictory.
Spotted a pic of the five living US Presidents (including pres-elect Obama) today in the newspaper. Obama was the only one of the five who had any sort of real smile. I'm almost starting to feel bad for the guy, I don't think he has a very good idea of the stress he's in for.
Hyperinflationary Depression Is Coming Folks. No jobs! Higher Prices! It is done! I hope you have prepared since 9-11 because Barack the Magic Negro will not be able to save you. HE SAYS WE"LL SPEND OUR WAY OUT OF THIS! Jesus folks we're done!
lock and load for your families sake.
lock and load for your families sake.
truthseeker
Inactive
Hyperinflationary Depression Is Coming Folks. No jobs! Higher Prices! It is done! I hope you have prepared since 9-11 because Barack the Magic Negro will not be able to save you. HE SAYS WE"LL SPEND OUR WAY OUT OF THIS! Jesus folks we're done!
The system was toast when Lehman, Part owner of the Fed Reserve went bust. Any attempts to fix are futile, the will try rather than do nothing.
Lone Eagle Woman
Veteran Member
Do Completely Agree with Bad Hand above in that I also try to avoid listening to anything this Chocolate Messiah has to say.
SouthernGal
"Don't retreat...reload"
Yep.
Schiff Predicts Imminent Doomhttp://www.roguegovernment.com/Video:_Peter_Schiff_Predicts_Imminent_Doom/13627/0/8/8/Y/M.htmlBTTT for the Schiff video
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kozanne
Inactive
Remember my question earlier in this thread?
Howz this for an answer? Got it off the comments section of the USNews Capital Commerce site:
http://www.usnews.com/blogs/capital...bama-will-own-the-recession/comments/#1632187
Is this what 'sold you a bill of goods' means?
Howz this for an answer? Got it off the comments section of the USNews Capital Commerce site:
http://www.usnews.com/blogs/capital...bama-will-own-the-recession/comments/#1632187
Is this what 'sold you a bill of goods' means?
Rex Jackson
Has No Life - Lives on TB
http://www.roguegovernment.com/Video:_Peter_Schiff_Predicts_Imminent_Doom/13627/0/8/8/Y/M.html
Good catch. THIS IS ALMOST CHISELED IN STONE.
People need to prep and prep heavy. Learn several trades, download "how to manuals", get ready to barter and trade. Everyone will need to work, elderly, young children, and the disabled.
Those who don't prepare will perish.
Thomas Paine
Has No Life - Lives on TB
Yup I do and I can recognize true evil and he is it. Sorry my expression of my belief via free speech offends you, but then any idea not favorable to The One must be demonized and eliminated so your reaction fits right in with Obamalammadingdong's groupies.
Copter Doctor
Inactive
How's he going to get MORE oil to replace the coal industry he promised to 'destroy' during his campaign'? Are they goin nuclear? No oil, no coal, no nuclear....oh yeah, that leaves ... WOOD.
'Change we can believe in' an 'Yes, we can!'....meets reality.... he acts like the guberment can create wealth.... Printing money is not creating wealth. jobs create wealth. As someone asked, "When was the last time a poor person gave you a job?"
Well, except for the job they gave us in the last election.