President Obama News Thread

[chitown]

Things are cyclic Butterhole.

Good times come and go. Recessions come and go. Always have always will. Nothing could or can be done. BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

[AntRobertson]

BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

Could possibly be that the recession's got something to do with that. And the ongoing costs of Bush's little wars. Or is that all Obama's fault too?

[slackula]

FiveThirtyEight: Politics Done Right: Not All Socialist Countries are Alike

[chitown]

^^ cyclic

[chitown]

However printing money and pumping it into the economy has never worked i.e. Nazi Germany.

[AntRobertson]

^^ cyclic

Right. So let me see if I've got this straight...

Bushs fiscal imprudence, shouldering the country with masses of debt from wars, and pushing through last-minute bail-outs is "cyclic".

Obama coming into office post recession and trying his best to clean-up the mess is "ruining the country".

That about right? So what's happened to "cyclic" then? As I initially stated, I think it's got more to do with partisanship than anything else.

[raycarey]

BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

errr...hey einstein.... this is total bullshit.

stick to the food threads.....let's eat!

[chitown]

The hate for Obama has come from more issues than the economy.

[robuzo]

However printing money and pumping it into the economy has never worked i.e. Nazi Germany.

Hey, homeboy, do you mean the Weimar Republic? Hint- they weren't the Nazis.
Inflation in the Weimar Republic - Wikipedia, the free encyclopedia

If the Nazis had won, I'm sure they would have figured out how to deal with currency debasement.

[AntRobertson]

The hate for Obama has come from more issues than the economy.

Are these other reasons irrational, based on misconceptions, disinformation and flawed logic too?

And I thought "hating" your President was distinctly unAmerican?

[raycarey]

do you mean the Weimar Republic? Hint- they weren't the Nazis.

einstein was never one for accuracy.

[barbaro]

However printing money and pumping it into the economy has never worked i.e. Nazi Germany.

This was the Weimar Republic. The comparison to Germany doing this post WWI was noted by Glenn Beck and others. It's old school economics and also differernt from what the US is current doing (Quantitative Easing and dumping T-bills). Still not good, but let's not parrot Glenn Beck and others.

[sabang]

BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

Wrong- Bush added way more debt to the USA than Obama has done. Furthermore, Obama had no choice but to increase debt levels because of the economic catastrophe Bush left. Not to mention several of the 'added debts' spent since Obama was elected were actually passed under the Bush admin.

read up:-

So rapid is the pace of deficit spending by the federal government, that the National Debt has increased over a trillion dollars since President Obama took office.

On Inauguration Day, the Debt stood at $10.626 trillion. The latest posting from the Treasury Department shows that as of July 31st, the debt hit $11.669 trillion.

During the last administration, it took over 2 ½ years for the National Debt to increase a trillion dollars. But by the time former president George W. Bush left office, he had run up the deficit by a record amount: $4.9-trillion over eight years.

Full Article- $1 Trillion More in Debt Since Obama Took Office - Political Hotsheet - CBS News

So, under Bush the US government increased it's debt by around 380% more compared to Obama, thus far. Bush inherited a strong economy from Clinton. Obama however inherited a Basket case from Bush.

Really, the Bush administration was an utter,utter disaster. I think your friends in Chitown have their collective heads in the sand.

[barbaro]

BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

This is false. You are confusing the debt with the deficit.

Check these facts.

The combined deficit spending is also still higher under GWB, which adds to the debt which is cumulative.

Where did you get this information?

[robuzo]

However printing money and pumping it into the economy has never worked i.e. Nazi Germany.

This was the Weimar Republic. The comparison to Germany doing this post WWI was noted by Glenn Beck and others. It's old school economics and also differernt from what the US is current doing (Quantitative Easing and dumping T-bills). Still not good, but let's not parrot Glenn Beck and others.

Any policy any government would have taken in these circumstances would in the end be a gamble. It is as if we are living in an enormous casino. I'm all for planning my own retirement and investing accordingly. I'd like at least one sure bet, and diversify from there. There aren't any.

I heard a great talk by Jack Bogel (Pennsylvanian) putting this crisis down, in the end, to a lack of morals. fora tv

[raycarey]

Where did you get this information?

can't you see his avatar?

[helge]

......

[Boon Mee]

BTW the US is in WAY more debt in the last 6 months than the 8 years of Bush and all previous presidents combined.

Could possibly be that the recession's got something to do with that. And the ongoing costs of Bush's little wars. Or is that all Obama's fault too?

100% of this socialzed medicine debate lays at Comrade Obama's feet. You best obey if y'all know what's good fer ya...

[Boon Mee]

An AT&T/Yahoo poll asks the simple question:

The president's progress with the battered economy has been both praised and criticized. How well are his efforts measuring up with you?

Comrade Obama is given a subtle assist, in that the possible answers start with two positive choices, and include only one negative. But it will take more than subtle assists to keep this Titanic from finding its way to the bottom of the sea. The results after 2.5 million votes:

[Jet Gorgon]

^ I can believe that. Time to buy an island.

[Humbert]

100% of this socialzed medicine debate lays at Comrade Obama's feet

Repeating this lie ad nauseum does not make it true.

[robuzo]

100% of this socialzed medicine debate lays at Comrade Obama's feet

Repeating this lie ad nauseum does not make it true.

Doesn't make it make sense or even grammatical, either.

Repeating lies, it's what they do:
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

[DrivingForce]

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.

Yes, Obama and his crew have proven to be the masters at this tactic and all who have followed blindly as gullible and sheep like..

The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie.

and this is the stage we are now entering..

[slackula]

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Ooh, ooh I know this one!

Cheney right?

[robuzo]

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it.

Yes, Obama and his crew have proven to be the masters at this tactic and all who have followed blindly as gullible and sheep like..

The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie.

and this is the stage we are now entering..

The quote is Goebbels, but the idea goes back to Plato. Strauss embraced it, and while he was no Nazi he did see the merits of Mussolini's fascism. If you don't know who Strauss is then you don't know what drives the neocons that controlled US policy for the previous 8 years.

By the way, in reference to Obama I haven't any idea what you mean specifically, and realize I shouldn't ask- how is it that "Obama and his crew have proven to be the masters at this tactic"; the need for economic stimulus didn't exist? There is no healthcare/health insurance crisis? Go ahead. Can you sum up Obama's big lie for me?