Obama - What is your opinion so far on his Presidency

mentalfloss

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Icarus27k said:
If you can unlock the riddle as to why voters vote the way they do, then my hat is off to you, because it's difficult to do. We still don't know why voters voted the way they did in the 1998 midterm election, or the 2002 midterm, or the 2006 midterm.
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Media and advertising. The more money pumped into both, the more votes you get. Unsurprisingly, the masses begin to pay attention about 2-3 weeks before the election and that's when the most money is channeled into these outlets, fueling their decisions.
 
C

Cliffy

Standing Member
Nov 19, 2008
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mentalfloss said:
Media and advertising. The more money pumped into both, the more votes you get. Unsurprisingly, the masses begin to pay attention about 2-3 weeks before the election and that's when the most money is channeled into these outlets, fueling their decisions.
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Yup! Sheeple love a steady diet of advertising, the slicker the better. The last thing they want to hear is the truth. They kill people who tell the truth. Just ask JC.
 
ironsides

ironsides

Executive Branch Member
Feb 13, 2009
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Goober said:
The QE 2 - or 600 Billion that the Govt will buy up will inflate stocks, therby increasing artifically wealth, they then have more equity.
The Govt by doing so will also devalue the US Dollar making exports cheaper. Inflation is the next step. lowers the overall value of the debt is :todays dolllars" Same thing that China and japan along with others have been or are doing.

Myself - i moved out evrything but Oil/Gas and really good corporate bonds. 1 reason is i do think the Us will nail the Nuke problme in iIran. Now when the shxt hits ans surer than little gren apples wil; give a man the runs and the runs(shxts) are coming in the next year or maybe 2 I will then look at commodities or rememebering the 80's some long term high interest Govt of Canada Bonds as interest rates rise..

The US was scared of deflation and yes it is worse than inflation. Printing more dollars does devalue a currency.

Lastly - The poor will pay the heaviest price as always.
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The poor and what is left of the shrinking middle class always do pay.

Here is a interesting little piece: This what I meant about G20 being meaningless, The U.S. (us) are going to do what the Bernanke wants.

Bernanke works for the United States Federal Reserve which is sort of independent from the Federal Goverment. He is the one who makes or breaks our treasury., not the President.

The Federal Reserve System is responsible for implementing a monetary policy that meets the government’s fiscal policy goals, but it still exists as an [[Monetary Policy and the Role of the Central bank|independent central bank.] This ensures that monetary decisions made by the Federal Reserve such as the setting of short-term interest rates, do not require ratification by the President or other members of the executive branch of the U.S. government.

Despite the Federal Reserve’s ability to implement monetary policy without specific approval, it is still subject to oversight. Regular reviews of the Federal Reserve are conducted by Congress which has the power to impose changes to the overall responsibility of the Federal Reserve by way of statutes. The Federal Reserve is also expected to work within clearly prescribed guidelines that support the government’s economic and financial objectives.

The President and Congress control the FED, but only from afar, Bernanke could pretty much do anything before thay had time to react.
 
ironsides

ironsides

Executive Branch Member
Feb 13, 2009
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Senate Democrats — including typically mild-mannered Bill Nelson of Florida — lit into President Barack Obama during an unusually tense air-clearing caucus session on Thursday, senators and staffers told POLITICO.
Nelson told colleagues Obama’s unpopularity has become a serious liability for Democrats in his state and blamed the president for creating a toxic political environment for Democrats nationwide, according to two Democrats familiar with his remarks.

http://www.politico.com/news/stories/1110/45393.html
 
ironsides

ironsides

Executive Branch Member
Feb 13, 2009
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Obama is far more left than people or even the Democrats know. He will go down in history as the most left wing President the United States has ever had.

WASHINGTON – Republicans control neither the House nor the Senate — and certainly not the White House. But they largely dictated the terms of President Barack Obama's proposed tax-cut compromise, which disgruntled congressional Democrats want to discuss in closed meetings that are likely to be rowdy.
Republicans prevailed on their biggest demand: continuing Bush administration tax cuts for the wealthiest Americans, despite Obama's 2008 campaign promise to let them expire for households earning more than $250,000 a year. Obama, while acknowledging Democratic unrest, agreed to extend the tax breaks for two years, whereas Republicans wanted a permanent extension.
http://news.yahoo.com/s/ap/us_tax_c...lYwN5bl90b3Bfc3RvcmllcwRzbGsDcmVwdWJsaWNhbnNh
 
TenPenny

TenPenny

Hall of Fame Member
Jun 9, 2004
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He's a left wing socialist, who has extended the tax cuts demanded by the Republicans. Yup, that's pretty left wing. No wonder the Democrats are upset with him.
 
mentalfloss

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Um, isn't giving in to the naivete of batsh!t insane wealth distribution a right-wing agenda?
 
ironsides

ironsides

Executive Branch Member
Feb 13, 2009
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Cliffy said:
That was so absurd, I can't think of anything to describe how idiotic it was.

By the way, an Eagle is an opportunist and a scavenger. It steals its meals from other birds of prey, eats carrion and rarely hunts and kills its own food. A very fitting emblem for the United States of Aggression.
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Have to get out more often
 
A

Avro

Time Out
Feb 12, 2007
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I see that wimp in the White House just caved in to the Republican'ts.....again.

What a joke.
 
DaSleeper

DaSleeper

Trolling Hypocrites
May 27, 2007
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Seems like the progressives in the U S have turned on Obama, and they are starting to in Canada as well....
Fair weather friends the lot of them:p
 
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