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Obama urges perseverance - Sentinel & Enterprise

Full story: Sentinel & Enterprise

President Barack Obama promised a nation shuddering in economic crisis Tuesday night that he would lead it from a dire "day of reckoning" to a brighter future, summoning politicians and public alike to shoulder ...

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lancaster

Bolton, MA

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#2
Feb 25, 2009
 
blah, blah, blah again. Hot air, and we're all going to be burned.

Since: Jun 08

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#3
Feb 25, 2009
 
There were people that actually watched that nonsense on TV last night? I have much more important things for my time, can't waste it on that joke of a President.
Get Real

Clinton, MA

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#4
Feb 25, 2009
 
A cue for most viewers as to the promise-the-gullible-b*astards -anything nature of this verbose blowhard:

With my bloated government takeover of the health care system we should expect "a cure for cancer in our time".

Really? A cure for cancer? How about ending world hunger? Peace on earth? Turn lead into gold? How about being able to beam-around like they did on Star Trek?

We can't get a few dozen bank to tell us how they spent the $350 billion government give-away from a few months ago, but Lord Obama and his staff are going to cure cancer.

Right.
Stamos

Winter Springs, FL

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#5
Feb 25, 2009
 
A insufferable lie:

"A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future."

We have never STOPPED transferring wealth FROM the wealthy and productive TO the "poor" and unproductive. Tax cuts do not transfer wealth, they REDUCE the transference of wealth. Obama wants to propagate the lie that wealth is created by the government in Washington and is transfered to the people by politicians. This is a dangerous deception and we can't let the Democrats continue to get away with it!

This arrogant revolting narcissist is an insult to my dead mother and father who worked hard nearly every day of their lives, helped their neighbors in times of need, and never owed a penny of debt. If they could not pay cash, they went without. They honored their flag and country. They didn't need an emotional basket case with an unresolved identity crisis, risen from the cesspool of Chicago politics to tell them what they needed to do and when they needed to do it.

This so-called leader is an insult to all of the decent people of this great nation, dead and living.

Since: Jun 08

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#6
Feb 25, 2009
 
Obama's buddies at ACORN started programs where lawbreaking is acceptable to them, believing that the end justifies the means. They're doing this because Obama has allowed them to become bolder.

Police in Baltimore today made what is believed to be the first arrest in a civil disobedience program aimed at supporting homeowners who refuse to vacate their foreclosed homes.

An activist with ACORN — the Association of Community Organization for Reform Now — faces criminal charges after breaking into a home in southeast Baltimore on Thursday to protest the foreclosure crisis sweeping the country.

"This is our house now," ACORN member Louis Beverly reportedly said after cutting a lock with bolt cutters at the home.
JAD

North Chelmsford, MA

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#7
Feb 25, 2009
 
This guy is a putz... seriously, there was more clapping going on than anything else... gross. I'm just gonna do the best I can/make smart choices for me and my family rather than listen to this BS stoke this guys ego.
Stamos

Winter Springs, FL

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#8
Feb 25, 2009
 
Words, just words. Partisan and angry words at that. Obama makes me sick to my stomach.
And it sounds like his health-care bankruptcy lie is creating his next faux crisis so he can "lead" us out of the darkness, just like his now ray of hope and change will lead us out of the darkness, gloom and doom HE created in the financial sector.

The guy remains a hopey-changy fraud. He creates a "crisis", exploits the crisis, and then magically solves the crisis that was never there in the first place until he manipulated and exacerbated something that was troubling, but then doubling once he took it over.

Since he failed to give any credit for the original housing mess to ACORN and continues to blame one sector of society (Republicans and Bush) and absolves another (ACORN and his own cronies like hedge fund bet against America Soros), his speech gets an F-.
Hawk

Wilmington, MA

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#9
Feb 25, 2009
 

Judged:

1

Stamos wrote:
Words, just words. Partisan and angry words at that. Obama makes me sick to my stomach.
And it sounds like his health-care bankruptcy lie is creating his next faux crisis so he can "lead" us out of the darkness, just like his now ray of hope and change will lead us out of the darkness, gloom and doom HE created in the financial sector.
The guy remains a hopey-changy fraud. He creates a "crisis", exploits the crisis, and then magically solves the crisis that was never there in the first place until he manipulated and exacerbated something that was troubling, but then doubling once he took it over.
Since he failed to give any credit for the original housing mess to ACORN and continues to blame one sector of society (Republicans and Bush) and absolves another (ACORN and his own cronies like hedge fund bet against America Soros), his speech gets an F-.
I hope you thunk about how 8 years of "Sick to my stomach" feels like! Enjoy!

Oh yeah "He creates a "crisis", WTF are you talking about?

Tell us oh wise one, what Crisis did Obama CREATE?
JMKeynes

Leominster, MA

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#10
Feb 25, 2009
 
Stamos wrote:
A insufferable lie:
"A surplus became an excuse to transfer wealth to the wealthy instead of an opportunity to invest in our future."
We have never STOPPED transferring wealth FROM the wealthy and productive TO the "poor" and unproductive. Tax cuts do not transfer wealth, they REDUCE the transference of wealth. Obama wants to propagate the lie that wealth is created by the government in Washington and is transfered to the people by politicians. This is a dangerous deception and we can't let the Democrats continue to get away with it!
This arrogant revolting narcissist is an insult to my dead mother and father who worked hard nearly every day of their lives, helped their neighbors in times of need, and never owed a penny of debt. If they could not pay cash, they went without. They honored their flag and country. They didn't need an emotional basket case with an unresolved identity crisis, risen from the cesspool of Chicago politics to tell them what they needed to do and when they needed to do it.
This so-called leader is an insult to all of the decent people of this great nation, dead and living.
"Indeed, from 2000 to 2007, the income of the median working-age household fell by $2,000- an unprecedented decline. In that time, virtually all of the nation’s economic growth went to a small number of wealthy Americans."

http://economistsview.typepad.com/economistsv...
Mike from Leominster

Quincy, MA

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#11
Feb 25, 2009
 
I imagine this comment thread will heat up once Limbaugh's and Howie Carr's radio shows are over, so you right-wing idiots will have more talking points in hand.
Stamos

Winter Springs, FL

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#12
Feb 25, 2009
 
Hawk wrote:
<quoted text>
I hope you thunk about how 8 years of "Sick to my stomach" feels like! Enjoy!
Oh yeah "He creates a "crisis", WTF are you talking about?
Tell us oh wise one, what Crisis did Obama CREATE?
Can you spell ACORN? Fannie Mae, Freddie Mac?

I can see that 8 year stench has reached that knob between your ears!

http://www.youtube.com/watch...

And the perpetrators - the REAL root cause of the current crisis - were almost invariably Democrats:

1. Democrats in the CBC/HC
2. Democrats running Fannie/Freddie (who also literally cooked the books and stole tax-payer money through unjustified bonuses)
3. Democrats who passed the original Community Reinvestment Act of 1977 (the social engineering that started it all)
4. Democrats in the Clinton Justice Dept who pressured the banks to make bad loans (Jamie Gorelick for starters)
5. Democrats who fought Bush 43 attempts to regulate Fannie/Freddie from '03-'06 (Dodd, Frank, and the CBC in particular)
6. Democrats who were the recipients of most Fannie PAC money over the years (see #2 and #5 above)

And many of these same Democrats are either chairmen of committees and sub-committees in Congress, or else in various positions in the Obama Administration (Rahm Emmanuel is a perfect example of someone directly culpable).
Taxpayers are being asked to dig deep to make up for the decades of social engineering policy mistakes of the Democrat Party. There are no investigations being conducted on root causes in Congress because the Democrats know that they're ultimately to blame and are doing everything in their power to shift blame and also deal with symptoms (through bailouts and inquisitions of various CEOs whose companies are receiving bailout funds). If the media, including MSN, were doing their jobs, the Democrats would have been figuratively/politically lynched in the last election cycle. Instead, they have been enabling the very people who are at the root cause of one of the greatest financial crises that this country has experienced.
Libturd Obomber

Greensboro, NC

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#13
Feb 25, 2009
 
Obomber drops another shtbomb on Wall Street. DOW will take another Obomber size dump tomorrow.
Stamos

Winter Springs, FL

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#14
Feb 25, 2009
 
JMKeynes wrote:
<quoted text>
"Indeed, from 2000 to 2007, the income of the median working-age household fell by $2,000- an unprecedented decline. In that time, virtually all of the nation’s economic growth went to a small number of wealthy Americans."
http://economistsview.typepad.com/economistsv...
While high-income households did save more in actual dollars than low-income households, they did so because low-income house­holds pay so little in income taxes in the first place. The same 1 percent tax cut will save more dollars for a millionaire than it will for a middle-class worker simply because the millionaire paid more taxes before the tax cut.
In 2000, the top 60 percent of taxpayers paid 100 percent of all income taxes. The bottom 40 percent collectively paid no income taxes. Lawmakers writing the 2001 tax cuts faced quite a challenge in giving the bulk of the income tax savings to a population that was already paying no income taxes.
Rather than exclude these Americans, lawmak­ers used the tax code to subsidize them.

Consequently, from 2000 to 2004, the share of all individual income taxes paid by the bottom 40 per­cent dropped from zero percent to –4 percent, mean­ing that the average family in those quintiles received a subsidy from the IRS.
By contrast, the share paid by the top quintile of households (by income) increased from 81 percent to 85 percent.

Expanding the data to include all federal taxes, the share paid by the top quintile edged up from 66.6 percent in 2000 to 67.1 percent in 2004, while the bottom 40 percent's share dipped from 5.9 per­cent to 5.4 percent. Clearly, the tax cuts have led to the rich shouldering more of the income tax burden and the poor shouldering less.
http://www.whitehouse.gov/omb/budget/fy2007/p...
Get Real

Clinton, MA

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#15
Feb 25, 2009
 
Thread preview ---

Stamos presents reasoned posts supported by facts, links, statistics, and the governments own data, completely dismantling the arguments of hopey- changy dimwits.

Hopey-changey followers respond with:'I know you are, but what am I?

Stamos presents reasoned posts supported by facts, links, statistics, and the governments own data, completely dismantling the arguments of hopey- changy dimwits.

Hopey-changey followers respond with:'Boy Name and Girl Name, sitting in a tree, K-I-S-S-I-N-G!'

You get the idea ...
JMKeynes

Leominster, MA

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#16
Feb 25, 2009
 
Stamos wrote:
<quoted text>While high-income households did save more in actual dollars than low-income households, they did so because low-income house­holds pay so little in income taxes in the first place. The same 1 percent tax cut will save more dollars for a millionaire than it will for a middle-class worker simply because the millionaire paid more taxes before the tax cut.
In 2000, the top 60 percent of taxpayers paid 100 percent of all income taxes. The bottom 40 percent collectively paid no income taxes.
Thanks for proving my point. The disparity has gotten so bad that a full 40% of our wage earners are at subsistence levels.

If the top 1% were not fleecing the working class so badly, the statistics would not look so dire.

It's amusing to see some out there are still defending the wall street charlatans. You have to be a special kind of gullible to trust those billionaires and blame the working class for our troubles.
Hawk

Wilmington, MA

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#17
Feb 25, 2009
 

Judged:

1

"I can see that 8 year stench..."

You mean the Bush years?
JMKeynes

Leominster, MA

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#18
Feb 25, 2009
 
Get Real wrote:
Thread preview ---
Stamos presents reasoned posts supported by facts, links, statistics, and the governments own data, completely dismantling the arguments of hopey- changy dimwits.
Hopey-changey followers respond with:'I know you are, but what am I?
Stamos presents reasoned posts supported by facts, links, statistics, and the governments own data, completely dismantling the arguments of hopey- changy dimwits.
Hopey-changey followers respond with:'Boy Name and Girl Name, sitting in a tree, K-I-S-S-I-N-G!'
You get the idea ...
Give 1 example of "reason" from a stamos post and paste in the facts that support that alleged "reason".
Hawk

Wilmington, MA

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#19
Feb 25, 2009
 
Remember Bruce Bartlett?

"Over email, Bruce Bartlett observes:

According to press reports, in his budget Obama will allow many of the Bush tax cuts to expire next year. Republicans charge that this constitutes the largest tax increase in history. I think it is important to remember that the reason the Bush tax cuts are expiring is because that’s the way Republicans wrote the legislation. If anyone is responsible for increasing taxes, they are.

I believe that Republicans could have had permanent tax cuts which would have been better for the economy in the first place. But they would have had to negotiate with the Democrats. They preferred not to do so, believing that they could just extend their temporary tax cuts forever. I warned for years that this was a stupid strategy, but was ignored. Now the chickens have come home to roost.

Indeed. Recall that the purpose of writing the sunsets into law was to bring the “ten-year cost” of the cuts down. Basically, they wrote a tax cut bill that was too expensive to pass. Then instead of actually moderating the scale of their agenda, they made the cost appear smaller by arbitrarily phasing the cuts out under the theory that they could then turn around and accuse adversaries of implementing a huge tax increase if they refused to make the cuts permanent. What I guess they didn’t count on in this game of legislative chicken was that huge electoral gains for the Democrats in 2006 and 2008 have now made it easy to let the law operate as written and phase the cuts out. In an alternate reality, the Bush administration could have struck a deal with Democratic leaders for a smaller, less regressive, but permanent tax cut whose actual cost would have been in the neighborhood of the fake cost of the Bush tax cuts. That wouldn’t have made me smile, but it would have been better in line with supply-side theory (whose logic requires the tax cuts to be permanent) and better advanced long-term conservative policy goals. Unfortunately for them—but at the end of the day, also unfortunately for the country—many Republican political leaders have chosen to take advice primarily from stupid people. And a certain number of other smart people have been more interested in being team players than in telling said political leaders the truth."

Now it's time to lay in your bed.
JMKeynes

Leominster, MA

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#20
Feb 25, 2009
 
Hawk wrote:
"I can see that 8 year stench..."
You mean the Bush years?
What else could it mean?

It will take almost as long to clear out the stench, but note that after only 30 days in office, Stamos has found fit to blame President Obama for everything short of the Civil War.
Stamos

Winter Springs, FL

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#21
Feb 25, 2009
 
JMKeynes wrote:
<quoted text>
What else could it mean?
It will take almost as long to clear out the stench, but note that after only 30 days in office, Stamos has found fit to blame President Obama for everything short of the Civil War.
Love your emotion in the absence of facts; you prove my point better than I could ever do myself. And if your response is supposed to pass for critical thinking, then you need to get your money back from the private school(s) you attended. I breathlessly await your answer to my question of a lesser-qualified president than Obama. Not to mention any ripostes and fact-based critiques you may have on the proposed mortgage bailout, the stimulus abomination, the gov’t-initiated mortage crisis, and what you think are conservative “clichés”(which are in reality historical truths continuously ignored by the Left).
Liberals love good intentions, never mind the outcome of their various schemes or the law of unintended consequences. Great intentions to give everyone a mortgage (social engineering supported by every Democrat since Jimmy Carter); the law of unintended consequences of chasing that fool's errand led to the financial crisis and bankruptcy of Fannie Mae. So here’s another cliché for you: the road to hell is paved with good intentions.
I prefer to spend some of my day trying to educate the ignorant (such as you). It's probably a lost cause, but it's a good one nevertheless.

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