POTUS Ponderings: I Didn’t See the Economic Crisis Coming
If someone asked me, “What was the most enchanting thing about the Obama press conference on Wednesday night?” I’d have to point to this nugget, which is also the most surprising and most troubling: President Obama was asked about the biggest surprise he’d faced.
Me, I’d say, “Who knew that somebody could take Air Force One out for a joyride without my permission or even my knowledge, and terrify thousands of people? Actually, I’m not sure I believe that myself, but I’m sticking to it as long as everybody else clams up.” Or maybe I’d say, “Who knew I’d be taking over the car industry and finding myself forced to stand up here talking about government-backed warranties and pitching people Chevy Malibus?” Or maybe I’d play dumb and say, “Who knew the CIA would take umbrage if I revealed the top-secret details of all the things they have to do to obtain priceless information from terrorists to save American lives?”
Yet Obama said his biggest surprise since arriving at the White House was the economic crisis. This was wrong. It happened last fall, before he took office. And it’s the primary reason he was elected. But it was uncommonly revealing when he said that when he began running for president (that would be in 2007), “Obviously I didn’t anticipate the worst economic crisis since the Great Depression.”
Obviously.
Show me all the speeches where he said lax financial regulation was causing banks to write too many sub-prime mortgages, which in turn would cause bank failures, a stock market crash, a recession, and a big increase in unemployment. Obama’s sole issue back then was Iraq. To the extent he talked about the economy at all, he talked a little about trade, hinting that he was for protectionism and against outsourcing while simultaneously sending out advisers to say that he actually didn’t mean any of this. Then Lehman Brothers collapsed.
Obama is like a shaman standing next to a house, warning that there’s a severe risk that an earthquake will destroy it. Instead, the house is suddenly hit by lightning. So he segues seamlessly into saying, “Obviously we need to make sure nobody’s house gets hit by lightning again. Haven’t I been warning you that this house was in danger?”
In his Feb. 25 “Day of Reckoning” speech, Obama could scarcely contain his demon glee at the downturn that his inauguration and policies accelerated, thus creating his opening, “The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank.” Then he began talking about health care, energy, and education, all of which had zero to do with the sub-prime mortgage crisis. Picture a Wall Street trader saying: “Wait a minute, Bill, you mean we’re importing oil from the Middle East? Sell, sell, sell!” The price of oil was, of course, plummeting at the same time the stock market was collapsing. Without a script to turn to Wednesday night, Obama said the opposite: When he began his presidential bid, “The economy appeared on the surface to still be relatively strong.” In other words, he didn’t see it coming.
Obama is like a weather forecaster who has never managed to accurately predict the weather but can’t stop making forecasts. “We have lived through an era,” he intoned, “where too often, short-term gains were prized over long-term prosperity. … Regulations were gutted for the sake of a quick profit at the expense of a healthy market. People bought homes they knew they couldn’t afford from banks and lenders who pushed those bad loans anyway. And all the while, critical debates and difficult decisions were put off for some other time on some other day.”
If all this were true, why didn’t Senator Obama notice these things? Why didn’t he, for instance, take some time out on the campaign trail to make a few speeches about these shadowy, unspecified regulations that were being gutted? Why didn’t he denounce the way Fannie Mae and Freddie Mac had not only “pushed bad loans” but had done so by gambling our money? Maybe because he was too busy being the second-largest Senate recipient of Fan and Fred donations. Or maybe he was so busy running for president in 2007-2008 he just didn’t notice what was going on, as he candidly admitted Wednesday night: “Obviously, I didn’t anticipate.”
Obviously.
Loved the article but surely I’m not the only one that noticed that the “reporters” were apparently already hand-picked and no follow-ups were allowed. Why will he not just randomly call on media without referring to his list? (That’s a rhetorical question btw. We ALL know why he has a list safe reporters.) So predictable at this point and so not enchanting. I miss the good ole days when a reporter was a reporter and a President was a POTUS and not a TOTUS.
His lack of ability to predict is unfortunately irrelevant.
His actions are actually dividing America and actively creating situations that could lead to the downfall of America. The damage that he is doing will take decades to reverse, even if it is possible at all, or if his policies don’t tear us down in the meantime.
There is only one silver lining that I can see. The terrorists of the world may not bother with us on our own soil. After all, why get in the way of President Obama as he tears down America on a daily basis.
Honestly, Kyle, why do you even bother trying to interpret what Obama says? There’s no spin to his diatribes; no hidden meanings; no implied message buried deeply within the rhetoric.
It’s all lies. Every word out of his mouth is a lie. There’s no point in trying to interpret his lies, since they are all meaningless, as is everything he says between the lies – you know, those little words that tie the lies together, such as “uh” and “um” and “er.”
Did he say anything new last night? No. He took all of the words from his previous speeches, had them printed up and cut out on little pieces of paper, put them into a big Bingo tumbler, and spun it around once or twice, pulling out those same words, one at a time and pasting them onto a brand new piece of paper, which was then transcribed onto his teleprompter. He did some extra shuffling with the questions (he thought up) which he gave to (his hand-picked) “reporters” to ask so that he could have his pasted and telepromptered answers at the ready.
What a guy!
Gee… I took so long writing my comment that “A Thinking Person” got his/hers in before me and said almost the same thing!
Great minds really DO think alike.
“Yet Obama said his biggest surprise since arriving at the White House was the economic crisis. This was wrong. It happened last fall, before he took office.”
Exactly. -And, yet he plays the “Poor, poor pitiful me, I inherited this mess. Waaah” card and some people actually buy that load of crap hook, line and sinker. “Poor 0bama, it’s not his fault. It’s Bush’ fault for everyyyyyyyythinggggg!”
When is this idiot ever going to ‘man’ up and take responsibility for his ever-mounting eff-ups?
Just came across this tidbit online that was so timely I had to share it.
Thursday, Apr 30
“Lie to Me” Tops Obama News Conference
Just In: FOX, the only one of the Big Four networks that did not carry Pres. Obama’s news conference last night, finished first in the 8pmET hour with a new episode of “Lie to Me.” The drama averaged 7.9 million Total Viewers, according to Nielsen overnights.
NBC’s coverage of the Obama newser came in second with 6.7 million Total Viewers.
Overall, Obama’s news conference was seen by nearly 19 million viewers across NBC, ABC, CBS according to the early numbers. (Reminder: fast nationals measure only timeslot and not actual program data). Final ratings will be released later today.
I guess the REAL “Lie to Me” couldn’t outdo the network version. Priceless. I guess America wasn’t in any mood to “celebrate” TeleBama’s first 100 days with him.
PS… Moogie: I bet we’re not the only people who noticed! It was pretty obvious what a set-up it was.
He loves to act as if he was taken off-guard by the developments in the economy. His policies are part of the reason for the collapse. Back in August, when it began to look like we would have him as our next President, money started to flee the markets, it has continued unabtated ever since.
Watch carefully as he sells GM and Chrysler to the unions and stiffs the bond-holders, why on God’s green earth would anybody make investments in this sort scenario?
The bond-holders were entitled to recovery of assets when the companies went through bankruptcy. Now they will be screwed and forced to buy worthless stock at a dime on the dollar. The Rule of Law is dead, there is no incentive to put money into the market. Without capital the market will continue to collapse and no amount of freshly printed money will revive them.
3. Moogie:
“Honestly, Kyle, why do you even bother trying to interpret what Obama says? There’s no spin to his diatribes; no hidden meanings; no implied message buried deeply within the rhetoric.”
Similar to the reason he just keeps openly doing what he’s doing in destroying America, crippling productive individuals and groups, undercutting good business practices by imposing unworkable government solutions–no one is going to stop him, apparently, so why should he bother concealing what he’s doing?
Back to Oz: the curtain has fallen, we see the man behind the curtain–and the people already in elected office with the authority to do something about him are all cowardly lions.
He doesn’t even have to say, “Ignore that man behind the curtain.” The Chicago thug says, “Yeah, I’m the man behind the curtain. Whatzit to ya? Hey, Vinnie! Give this idiot the dead fish lunch special!”
Kyle Smith writes: “Why didn’t he denounce the way Fannie Mae and Freddie Mac had not only “pushed bad loans” but had done so by gambling our money? Maybe because he was too busy being the second-largest Senate recipient of Fan and Fred donations. Or maybe he was so busy running for president in 2007-2008 he just didn’t notice what was going on, as he candidly admitted Wednesday night: “Obviously I had no idea.””
Chalk up another lame reason for the reactionary right to hate the president: he can’t tell the future.
It’s too bad we didn’t elect John McCain; he clearly could have consulted his crystal ball and averted us from this crisis.
But in all seriousness, your argument holds little weight because you misunderstand the overwhelming cause of the current economic crisis.
The crisis, as understood by most economists, was caused by the packaging and selling of large amounts of toxic mortgages as CDOs, which were essentially worthless but were allowed to be bought and sold at high prices anyway because regulators were not doing their jobs in analyzing the actual value of the CDOs.
Fannie and Freddie had far less impact on this crisis than you incorrectly suggest, because as data shows, less than 10% of the toxic mortgages were subject to regulation by Freddie and Fannie; i.e., the vast majority of the toxic mortgages that were packaged and sold as CDOs were not associated with Freddie Mac or Fannie Mae.
Therefore, in order for the President to have foreseen the magnitude of this crisis, not only would he have had to be working at AIG, he would specifically have had to be working close enough with hedge fund managers such as Joe Cassano to understand what is was that they were doing, of which many of the top AIG executives were unaware. Obviously, if in 2007 and 2008 executives of AIG were unaware of the actions that their hedge fund managers were taking to destabilize our economy, there is absolutely no reason to believe that a presidential candidate of any party would.
Obviously.
Meryl: Have you read “1984?” One of the premises is that one will eventually accept even the most outrageous and overt lie, when repeated often enough: 2+2=5.
I think we are at that point with his followers. If he stood in front of a green wall and made the pronouncement that the wall is, in fact, orange, his followers would believe him and take that as their new truth.
You’re right in that the curtain has fallen.
Who was on the passenger list of the joy riding Airforce 1? When will the white house press corp ask real and spontanious questions? How did they avoid questioning the state of the economy?
#9 Muppet Master: He was working with a hedge fund manager: George Soros. He was also receiving campaign donations from AIG at the time. And from George Soros. And now he is employing (when he bothers to fill positions, that is) George Soros’ toadies. You know, George Soros, the hedge fund manager. The driver of collapsing national economies who profits from said collapses. Like Britain. And America. That George Soros. Obama’s buddy.
Here ya go: http://www.discoverthenetworks.org/individualProfile.asp?indid=977
Pastor of Muppets: Indeed! In your words, “he can’t tell the future.” In the rest of the sane world we’d say, “he can’t change the past.” We admire your attempts to defend TeleBama’s apparent lack of knowledge on ANY issue prior to taking office, but it’s a futile endeavor. He was a Congressman/Community Organizer pre-TOTUS and although just voting “present” most of the time, surely he listened to what was going on in Washington right? Maybe I’m giving him too much credit. Besides, you and other liberals on this site surely wouldn’t have voted for a candidate that had NO knowledge on the economic issues facing this nation right?
The sermon last night truly avodied questions about the economy. It is just ugly how he promised to save and create jobs and he is aggressiveing causing only more job loss. Kinda hard to collect taxes from people with no jobs.
Yep, it’s pretty obvious that we actually do not have a President just a petty tyrant that actually has no leadership abilities and is a bloody narcissitic fool.
@13. AThinkingPerson,
I am afraid you overestimate Obama, he rarely was in DC and spent even less time actually in (or near) the Capitol building. He was busy strong-arming campaign donations so he could run for the next higher office.
The problem he now faces is the he isn’t just “one of the bunch” he is all alone at the top and there are no other jobs to shoot for. He has to stop campaigning and start working, something that his background has left him entirely unprepared for.
@14. seven,
Or companies that don’t make a profit.
That mythical mass of “greedy Americans” that make in excess of 250K a year grows smaller by the minute.
Let me see how many of you geniuses saw this coming? How many of the Republican leaders? How many well paid executives in the investment and banking community? What a bunch of dopes!
#18 The Shadow: Sorry, “seeing it coming” is above my pay grade.
17. anton,
“That mythical mass of ‘greedy Americans’ that make in excess of 250K a year grows smaller by the minute.”
Don’t fret, that number will shrink to anyone who makes 150k, 100k, 75k, 50k on up a year as the ‘greedy Americans’ and when the middle class perishes and only the very rich and very poor exist I’m going to be really
SCAREDCURIOUS where the tax moula is going to come from then [since the wealthy elites are clearly adept at dodging their own taxes].… although, if I had earned $2,656,902.00 last year, I probably could have paid someone else to “see it coming” for me.
Quite so Delia, look at the Soviet Union circa 1980. Filthy rich Party apparatchiks and the desperately poor proles.
Oh, BTW Shadow, I got out of the market back June-July of last year. The signs were there. The problem is that now having any holdings denominated in dollars is rapidly becoming pointless as they just won’t stop printing the money. Even the Chinese are getting leery about buying any further US debt instruments.
President Obama is all about himself; he is the sun, moon, the stars, & space junk in the heavens. He is the super nova. He is the black hole. He is nebula. In the meantime, Obama forgets his is simply human, a single man, with a narcissistic disorder.
Kyle, I liked your top three surprises better. Wish you kept on. After that paragraph, the dullness of Oblather actually starts to overwhelm the article, even though it’s good. Your top 3 were terse, witty, exposing and entertaining–do more. Rehashing his unawareness of what’s going on around him almost stoops to his level in some ways, although people need to hear it from every angle I guess. The shaman and weatherman analogies were good–always like a succinct analogy. I just like ‘em strong.
Wizard of Oz reference comment–was thinking today what a good photoshop or cartoon that would make.
18. The Shadow,
Yes, we get it. Clearly WHaaaBama would not have run for TOTUS if he had known he couldn’t live like a rock star jetting around on the AF1, using the AF1 for photo-ops, keeping his thermostat turned up all cozy while people were freezing to death in ‘fly-over’ country, partying on Wagyu Steak, throwing Super-Bowl parties, doing prime-time ‘TV’ while costing networks millions in advertising revenues etc. etc.
Oh, wait-a-cotton-pickin’-minute! He’s doing that anyway despite the dire state of our country’s (and the world’s) financial situation!
Well fancy that. What a guy!
9. Pastor of Muppets writes:
“The crisis, as understood by most economists, was caused by the packaging and selling of large amounts of toxic mortgages as CDOs, which were essentially worthless but were allowed to be bought and sold at high prices anyway because regulators were not doing their jobs in analyzing the actual value of the CDOs.
Fannie and Freddie had far less impact on this crisis than you incorrectly suggest, because as data shows, less than 10% of the toxic mortgages were subject to regulation by Freddie and Fannie; i.e., the vast majority of the toxic mortgages that were packaged and sold as CDOs were not associated with Freddie Mac or Fannie Mae.
Therefore, in order for the President to have foreseen the magnitude of this crisis, not only would he have had to be working at AIG, he would specifically have had to be working close enough with hedge fund managers such as Joe Cassano to understand what is was that they were doing..”
Obviously? Try this on for size,, Mr Obviously-pants.
10.Moogie…Exactly….and yes to your query re 1984. Isn’t it interesting that what we read as a fictional “chiller” back then is, very simply, today’s headlines?
#26 (Sorry, I don’t have the letters for your moniker on my keyboard!): AWESOME video! Criminy… what a bunch of stoopid crooks we have in our congress. First they pass the legislation that grants complete unregulated autonomy to the lending industry (the 1999 Gramm-Leach-Bliley Act – thank you Clinton and Republican Congress for that!), then when it looks like it has run amock, they block passage of a bill that could have brought it under control (thank you Democratic Congress for that!!.
I especially liked this part: “Senator Obama didn’t weigh in on that bill.” Of course he didn’t – he was too busy stumping and pumping his own candidacy.
26. Войска ПВО:
“Try this on for size,, Mr Obviously-pants.”
Mr. Liar-Liar is BUSTED yet again!
I guess Paul Volcker didn’t know we were in economic turmoil back in the early fall of 2008? So much for him as an advisor. And the 26 years Robert Rubin spent at Goldman Sachs didn’t prepare him to advise the campaigning Obama back in September of the pending doom? Surely Lawrence Summers knew what was coming – he didn’t advise either?
For Obama to admit that he and his stellar advisors were this clueless is KEY evidence of their incompetence to repair it or KEY evidence that he’ll lie about anything to the general public because he knows they’ll believe it.
#16 The problem he now faces is the he isn’t just “one of the bunch” he is all alone at the top and there are no other jobs to shoot for.
~~~~~
I though he was going for king of the world.
Delia – You seem to be foaming at the mouth – You been checked for rabies lately?
Re: #18. The Shadow:
Let me see how many of you geniuses saw this coming? How many of the Republican leaders? How many well paid executives in the investment and banking community? What a bunch of dopes!”
Ummm… I know this may come as a shock to you Shadow but “Republican leaders and paid executives in the investment and banking community” were NOT elected PRESIDENT. TeleBama was by you and other uninformed genius’s like you. Shouldn’t HE be the one that knows what’s going on? Come on now, ‘fess up. You just elected him because you loved how he looked in the surf on vacation in Hawaii right? That had to be it because he neither had a voting record or apparently any inclination to learn about the economic status of the country he was running to be the leader of. Weird.
I love the casual way in which Obama thinks that all one has to do is make a few greener, smarter cars and viola , problem solved. Chrysler saved , 35000 UAW jobs saved, plus he becomes a hero . Yeah , sure . Those stupid auto execs never thought of that. How could guys with so much smarts overlook such an easy solution? Well Obama hasn’t had his balls in a vise yet and he may not be grinning so much when he realizes it is a competitive business and the bottom line is always a better product at a lower price. Chrysler is doomed and Obama owns it. They will be giving them away before long and they’ll be as desirable as those Russian tractors the Commies couldn’t peddle decades ago. Wonder how blase he will be when his auto czar tells him it just doesn’t work?
“Delia – You seem to be foaming at the mouth – You been checked for rabies lately?”
Swing and a miss.
31. ked5:
“I thought he was going for king of the world.”
Ha! Excellent ‘Titanic-movie’ reference!
~
32. The Shadow:
“Delia – You seem to be foaming at the mouth – You been checked for rabies lately?”
Naaaaaaaaah. I was just brushing my teeth with too much toothpaste. Have you been checked for ‘A virus subtype H1N1′ recently? You sound a little feverish. -Or, maybe that’s just ‘fever pitched’.
You Libs are so cute when you get flustered. I just want to pinch your rosy cheeks and pat you on the head. Aww. Pwecious!
(Speaking of 1984 Moogie and Meryl) In case anyone hasn’t read this succinct Ayn Rand piece, here it is–from 1944!–short and amazing.
http://www.theatlasphere.com/metablog/304.php
Got a good laugh out of the opening paragraphs of Kyle Smith’s article.
@14 (seven)
@17 (anton)
“Kinda hard to collect taxes from people with no jobs.” On the contrary, its absurdly easy: You call it “inflation” instead and steal from the jobless every last asset they might have held onto. Then you force anton’s companies into bankruptcy and steal everything they once had, too. It’s already started.
Found a fun article about how TeleBama is hiding from economic problem he helped create. Interesting reading…
http://apnews.myway.com/article/20090429/D97SCPI00.html
WR–I don’t credit OBambam for even thinking he knows his business, that business, thinks he needs to know this or that business, or cares if it succeeds. What he thinks is success would blow your mind–it has nothing to do with bettering America or Americans.
Sir Visionary is intoxicated with himself and his Imagine-esque pipe dream and blindly accelerating any pedal he can find to expedite the collapse and reformation of our political, economic and societal landscape. Trying to ascribe rational thinking to him or expecting things to make sense is like, as I’ve said before, expecting a velociraptor to be domesticated. They want us to reason and argue on that level so we don’t see on what level they’re REALLY working us–the old magic slight of hand and distraction techniques. We wanna be like Patton when he defeated Rommel–he cried “I read your book!” Read Saul Alinski’s Handbook for Radicals–it’s online–it’ll blow your mind!! (the original book had an intro where he literally dedicated the book to Satan, the original radical rebeller.)
His (indoctrinated) credo?–Chaos is good—i.e. consequences really don’t matter–just keep the bulldozers rolling! Odeceiver is like a slick smooth talking stealth terrorist chatting you up while telling his wrecking crew behind his back: “Just keep putting explosive charges wherever there’s a pillar or crossbeam (in the fabric of our society), boys, we’re taking this sucker DOWN!” And now he’s even boldly proclaiming it, he’s made so much progress and the American people are so compliant and bamboozled. He’s “transforming” us and “remaking” and “reshaping” America–”new foundations” blah blah. The whole country had a knee jerk reaction to Joe Plummer’s “spread the wealth around” incident. Now look how far it’s gotten and they don’t bat an eye.
The Audacity of Hope–Ayers sure came up with an appropriate term–audacious. They usually “forecast their devices” so there it was. It’s also a deliberately vague, confusing and obfuscating title–perfect for someone who wants to hide his true agenda but appeal to base emotions.
–You think about it, that title “Audacity of Hope” is even using the straw man fallacy—whoever said you can’t hope? Ah, I see. It’s racist capitalist-pig selfish Christian white superpower America. Now I get it. (hmm, sounds like one one dear Rev. Wright’s sermons, doesn’t it? But he wasn’t there for those, remember? Amazing, it’s simply amazing what we’re watching here.)
Obama is acting below his pay grade. he was warned about mortgage meltdown in the senate and he in his own narcissistic way was too busy writing The audacity of Hope with ayers and his other book to pay attention to what was going on.
And you liberal American Muppets think Obama can predict the weather for 2050 too? Okay, are drugs legal in America now? (Not that laws stop some liberals, mind you.)
President Obama has had the greatest first 100 days of any president. Look at all he’s done. He’s been on Leno. Not even Clinton can top that one! How many times has he been on the covers of Time and Newsweek? So many times he’s on the fast track to man of the year. Hey, why stop there? How bout man of the century. After all, no one in the next 90 years could possibly be greater than our beloved President. And how about those swim suit pics? Ooo-la-la!!! What’s not to like???
No other pres has even come close to those achievements. Not counting his nonstop campaign, teleprompter antics, gaffs and blunders, – all lovable and excusable, of course,- not like the evil Bush.
And how about those swim suit pics?
Glistening man boobs.
Delia…another verse or two to last night’s ditty? Or, does this rate a brand new song?
Marsha–you forgot:
–re-tearing down the Berlin wall during just his candidacy! Amazing!
–being the reincarnation of Abraham Lincoln..or something spooky..
–dancing with Ellen Degenerate–how cool can you be?
–Not having a single questionable association in his past–ooo-squeaky!
–the 1st prez to not even need to prove he’s an American–so sexy
–setting the record straight that it’s COOL to have a druggie past-at last
–clarifying for once that white’s are inherently racists–phew…I was wondering where that guilt came from..
etc. etc. etc.
Man, he’s like, like…..I know, the Tiger Woods of Bullshitters! Another one!!–:)
Deep chocolate, baby. We’re in it.
37 D-wah…thanks for that link. Excellent.
Have already saved it and forwarded to sons who are actively educating THEIR teen-agers re reality vs. obamunism.
45. LeighB:
“And how about those swim suit pics?
Glistening man boobs.
Delia…another verse or two to last night’s ditty? Or, does this rate a brand new song?”
~
“Meester Taliban” would cover those ‘MOOBIES’ in a ‘Murka’ [burka for man-boobied men]. -Definitely rates a spankin’ new song.
A Thinking Person: “Telebama.” Love it.
One [of sound mind sans kool-aid] definitely gets the distinct feeling that 0bama’s omphaloskepsis is more literal than figurative and his phrontistery is more a mirror driven ‘happy place’ for his ego’s sake of self-fawning than looking inwards and correcting his flaws or looking outwards and learning of the real world.
It must be nice to be so delusional on such an epic scale.
“It’s all lies. Every word out of his mouth is a lie. There’s no point in trying to interpret his lies, since they are all meaningless, as is everything he says between the lies – you know, those little words that tie the lies together, such as “uh” and “um” and “er.””
No, that’s not true. He lies to advance his agendas, but he *never* lies about his agendas. That’s what’s frustrating to people who watched his campaign, his election to the PotUS office and his push for the bailout and entitlement porkulus and war against capitalism. He meant those, but Americans somehow thought he didn’t mean it. He said he would destroy the coal industry. Nah, that can’t be right. He is Obama the Merciful, not the Destroyer. He said he would be friends with dictators. Nah, that can’t be right. He is Obama the Enlightened, not the Barbarian. He said he would redistribute the wealth. Nah, that can’t be right. He is Obama the Compassionate, not the Thief.
Here is what you need to understand about Obama: Believe everything he said about his agendas, trust not a single thing about his arguments.
#51 Wallace – Damn, you’re right. He did tell the truth those few times. Okay, so every word out of his mouth, other than the promises to destroy America as we know it, are lies. Got it.
All Obama has done in the first 100 days is create a huge warm, moist petri dish for corruption (TARP, Bailouts, ‘stimulus’), quadruple the federal deficit, and destroy two major automobile manufacturers.
Drunk on wishful thinking, Obama supporters will one day wake up to very, very bad hangover – and their children will curse them for their reckless irresponsibility in electing this nothing of a man.
This ignorant tyrant displays, every day, that the best schools and unlimited money cannot educate some people. And he stumbles through his every day adversity with “HIS GIFT”! His REAL GIFT IS I-G-N-O-R-A-N-C-E!!!!
Aparrently he can’t spell “bastar# with trumpets”
Nonsense. Obama can see the future very clearly. He confidently foresees an America bending its knee to people who hate the west. A smaller, less significant nation, much reduced in influence and lacking the ability to lead.
His only surprise is that we are surprised.
56. mehere:
You got the “inability to lead” part right.
Over two trillion dollars was transferred from US banking system to European Banks in 2007 and 2008 without consultation with US legislators. This was the first indications something was wrong with the Banking system.
1) who is responsible for oversight of the Federal Reserve system
2) why werent US legislators doing their job and auditing the Fed system
3) where did the money end up
I thought his bow to King Abdullah was the most enchanting thing he’s done in the first 100 days of his administration. I’m a birther and am praying every day that a whistleblower somewhere out there in the world has the courage to produce the evidence that he’s ineligible to be POTUS. Everything he’s done will then be null and void. Hello President John McCain and Veep Sarah Palin!!