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I wish he would STFU
- Thread starter MarylandMark
- Start date
I'm amazed how ineffectively he communicates when he doesn't have a rehearsed, well-crafted and tailored speech written by someone else sitting in front of him. I also think he's coming to the painful realization that he is completely overwhelmed, under-qualified, and completely out of his league.
He's was also sitting there lieing through his teeth about "no pork."
Bullsht.
That goddamned thing is laden with more pork than we've ever seen.
He's was also sitting there lieing through his teeth about "no pork."
Bullsht.
That goddamned thing is laden with more pork than we've ever seen.
Tommy Gun
Charter Member
Uh, Uh, Uh...just the facts maam....
OBAMA: "Not a single pet project," he told the news conference. "Not a single earmark."
THE FACTS: There are no "earmarks," as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects bear the prime characteristics of pork — tailored to benefit specific interests or to have thinly disguised links to local projects.
For example, the latest version contains $2 billion for a clean-coal power plant with specifications matching one in Mattoon, Ill., $10 million for urban canals, $2 billion for manufacturing advanced batteries for hybrid cars, and $255 million for a polar icebreaker and other "priority procurements" by the Coast Guard.
Obama told his Elkhart audience that Indiana will benefit from work on "roads like U.S. 31 here in Indiana that Hoosiers count on." He added, "And I know that a new overpass downtown would make a big difference for businesses and families right here in Elkhart."
U.S. 31 is a north-south highway serving South Bend, 15 miles from Elkhart in the northern part of the state.
OBAMA: "My bottom line is, are we creating 4 million jobs?" he told the news conference.
He said in Indiana, "The plan that we've put forward will save or create 3 million to 4 million jobs over the next two years."
THE FACTS: Job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.
The president's own economists, in a report prepared last month, stated, "It should be understood that that all of the estimates presented in this memo are subject to significant margins of error."
Beyond that, it's unlikely the nation will ever know how many jobs are saved as a result of the stimulus. While it's clear when jobs are abolished, there's no economic gauge that tracks job preservation.
OBAMA: "They'll be jobs building the wind turbines and solar panels and fuel-efficient cars that will lower our dependence on foreign oil and modernizing our costly health care system that will save us billions of dollars and countless lives."
THE FACTS: The economic stimulus bill would allocate about $20 billion to help hospitals and doctors transition from paper charts to electronic health records for their patients. Research has shown that in some instances, electronic record keeping can eliminate inappropriate services and improve care, but it's not a sure thing by any means. "By itself, the adoption of more health IT is generally not sufficient to produce significant cost savings," the Congressional Budget Office reported last year.
OBAMA: "I've appointed hundreds of people, all of whom are outstanding Americans who are doing a great job. There are a couple who had problems before they came into my administration, in terms of their taxes. ... I made a mistake. ... I don't want to send the signal that there are two sets of rules."
THE FACTS: Two of his appointees, former Senate Democratic leader Tom Daschle for health and human services secretary and Nancy Killefer as Obama's chief compliance officer, dropped out after reports they had not paid a portion of their taxes.
Obama previously acknowledged he "screwed up" in making it seem to Americans that there is one set of tax compliance rules for VIPs and another set for everyone else. Yet his choice for treasury secretary, Timothy Geithner, achieved the post despite having belatedly paid $34,000 to the IRS, an agency Geithner now oversees.
That could leave the perception that there is one set of rules for Geithner and another set for everyone else.
OBAMA: "We also inherited the most profound economic emergency since the Great Depression."
THE FACTS: This could turn out to be the case. But as bad as the economic numbers are, the unemployment figures have not reached the levels of the early 1980s, let alone the 1930s — yet. A total of 598,000 payroll jobs vanished in January — the most in nearly 35 years — and the unemployment rate jumped to 7.6 from 7.2 percent the month before. The most recent high was 7.8 percent in June 1992.
And the jobless rate was 10.8 percent in November and December 1982. Unemployment in the Great Depression ranged for several years from 25 percent to close to 30 percent.
OBAMA: "Not a single pet project," he told the news conference. "Not a single earmark."
THE FACTS: There are no "earmarks," as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects bear the prime characteristics of pork — tailored to benefit specific interests or to have thinly disguised links to local projects.
For example, the latest version contains $2 billion for a clean-coal power plant with specifications matching one in Mattoon, Ill., $10 million for urban canals, $2 billion for manufacturing advanced batteries for hybrid cars, and $255 million for a polar icebreaker and other "priority procurements" by the Coast Guard.
Obama told his Elkhart audience that Indiana will benefit from work on "roads like U.S. 31 here in Indiana that Hoosiers count on." He added, "And I know that a new overpass downtown would make a big difference for businesses and families right here in Elkhart."
U.S. 31 is a north-south highway serving South Bend, 15 miles from Elkhart in the northern part of the state.
OBAMA: "My bottom line is, are we creating 4 million jobs?" he told the news conference.
He said in Indiana, "The plan that we've put forward will save or create 3 million to 4 million jobs over the next two years."
THE FACTS: Job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.
The president's own economists, in a report prepared last month, stated, "It should be understood that that all of the estimates presented in this memo are subject to significant margins of error."
Beyond that, it's unlikely the nation will ever know how many jobs are saved as a result of the stimulus. While it's clear when jobs are abolished, there's no economic gauge that tracks job preservation.
OBAMA: "They'll be jobs building the wind turbines and solar panels and fuel-efficient cars that will lower our dependence on foreign oil and modernizing our costly health care system that will save us billions of dollars and countless lives."
THE FACTS: The economic stimulus bill would allocate about $20 billion to help hospitals and doctors transition from paper charts to electronic health records for their patients. Research has shown that in some instances, electronic record keeping can eliminate inappropriate services and improve care, but it's not a sure thing by any means. "By itself, the adoption of more health IT is generally not sufficient to produce significant cost savings," the Congressional Budget Office reported last year.
OBAMA: "I've appointed hundreds of people, all of whom are outstanding Americans who are doing a great job. There are a couple who had problems before they came into my administration, in terms of their taxes. ... I made a mistake. ... I don't want to send the signal that there are two sets of rules."
THE FACTS: Two of his appointees, former Senate Democratic leader Tom Daschle for health and human services secretary and Nancy Killefer as Obama's chief compliance officer, dropped out after reports they had not paid a portion of their taxes.
Obama previously acknowledged he "screwed up" in making it seem to Americans that there is one set of tax compliance rules for VIPs and another set for everyone else. Yet his choice for treasury secretary, Timothy Geithner, achieved the post despite having belatedly paid $34,000 to the IRS, an agency Geithner now oversees.
That could leave the perception that there is one set of rules for Geithner and another set for everyone else.
OBAMA: "We also inherited the most profound economic emergency since the Great Depression."
THE FACTS: This could turn out to be the case. But as bad as the economic numbers are, the unemployment figures have not reached the levels of the early 1980s, let alone the 1930s — yet. A total of 598,000 payroll jobs vanished in January — the most in nearly 35 years — and the unemployment rate jumped to 7.6 from 7.2 percent the month before. The most recent high was 7.8 percent in June 1992.
And the jobless rate was 10.8 percent in November and December 1982. Unemployment in the Great Depression ranged for several years from 25 percent to close to 30 percent.
fund razor
Founding Member
This was transparent, though. I knew he had no freaking idea, and he doesn't.
Um, Uh. Um.
http://www.youtube.com/watch?v=Qp0hU1THjuc
fund razor
Founding Member
Gee... the market is really reacting well to the new plan.
KENNYO
New member
My thoughts on the housing problem:
People knowingly bought over their head and the lenders encouraged it.
Greedy people bought and sold and ultimately got caught when the bubble burst and are expecting a bailout.
Both of these contributed to the bubble and subsequent downfall of the market.
I say fuk all of them. I restrained myself, I shouldn't have to bail anyone out!
People knowingly bought over their head and the lenders encouraged it.
Greedy people bought and sold and ultimately got caught when the bubble burst and are expecting a bailout.
Both of these contributed to the bubble and subsequent downfall of the market.
I say fuk all of them. I restrained myself, I shouldn't have to bail anyone out!
fund razor
Founding Member
I kind of feel like people really squandered that whole "Chimp" thing on bush. I mean... if they had seen this guy coming....
Attachments
Expensive Date
New member
Well today went well:ack2: market down 382 oil at 37.Glad I sold my oil futures yesterday.. yes I know I am scum I trade oil.The market really does not like this bank plan and it will have to run its course.Will probably open up tomorrow don't know if it can hold though
fund razor
Founding Member
So... Ted:
GWB had big ears, but was not a black man and was called "chimp"... It was not racist.
So now this new guy has even bigger, more prominent ears. Too bad that the term was used up.
Assuming that big ear jokes are black jokes because a guy is black.... now THAT is racist.
GWB had big ears, but was not a black man and was called "chimp"... It was not racist.
So now this new guy has even bigger, more prominent ears. Too bad that the term was used up.
Assuming that big ear jokes are black jokes because a guy is black.... now THAT is racist.
With the Market not reacting well today, it could mean it's a great plan for the rest of us. Maybe not. Either way, it's a great time to save cash. Maybe the government will get wise and do nothing at all, as many have suggested. Maybe their pay should be cut in half, or they should be laid off indefinitely. At least spending would go down.
Good time to sit and wait, maybe some better house deals, better boat deals, who knows?
Good time to sit and wait, maybe some better house deals, better boat deals, who knows?
Offshoredrillin
New member
i like your plan for stimulation..better than the washington one by far.
fund razor
Founding Member
Well now go figure .... I never put the chimp reference to big ears .... huh. I thought it was something totally different. When I think big ears I don't think chimp. I think mouse. You know ... like Mickey
Yep. Yet Disney is still offended.
I think that we each bring our own baggage to any reference. I always thought that the chimp references about bush meant that he had large ears, (as these were always major elements of any cartoon of him) and was in general, rather simeon looking. Didn't think that it had a thing to do with him being black. He wasn't. How could it.
My point is that if you thought bush was big eared (or heck... even simeon looking) that this guy is even more so. Except that he is black. So... does his being black instantly make every reference racist? Perhaps it does.
Of course.... so there won't be any nicknames this time around.
Nope... because no matter what a person says, or what their intent is.... racism will be brought into the equation, every time.
Yet... somehow it was ok to make up appearance-based nicknames for the last guy.
Stating that certain races are more closely related to apes genetically is racist. Stating that it is ironic that the new guy fits the appearance-based nickname more than the last guy is a bit of a stretch of the racist test.
But in the end, I don't like it when people use stupid nicknames for the sitting pres anyway. I just thought it was ironic and interesting.
With something like 70 percent of the country invested in some way in the market I'm not sure where that statement came from. And the sit and wait idea is what is holding back the recovery, until people have some hope and an idea where things are going, they will sit on their cash. O is standing on the edge of a cliff, his plan better grow wings real fast or he and his presidency are done.
Sea-Dated
Charter Member
Now that is funny.....:rofl::rofl::rofl:
Tommy Gun
Charter Member
I thought this was subject of the wasting the chimp reference...
Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.
The villagers, knowing there were many monkeys, went to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort.
He then announced that he would buy monkeys at $20 each. This renewed the villagers efforts and they started catching monkeys again.
Soon the supply diminished and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf.
The assistant told the villagers, "Look at all these monkeys in the big cage that my boss has already collected. I will sell them to you at $35 and when my boss returns, you can sell them to him for $50."
The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars..
They never saw the man or his assistant again, only lots and lots of monkeys!
Now you have a better understanding of how the
WALL STREET BAILOUT PLAN WORKS !!!
Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.
The villagers, knowing there were many monkeys, went to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort.
He then announced that he would buy monkeys at $20 each. This renewed the villagers efforts and they started catching monkeys again.
Soon the supply diminished and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf.
The assistant told the villagers, "Look at all these monkeys in the big cage that my boss has already collected. I will sell them to you at $35 and when my boss returns, you can sell them to him for $50."
The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars..
They never saw the man or his assistant again, only lots and lots of monkeys!
Now you have a better understanding of how the
WALL STREET BAILOUT PLAN WORKS !!!
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