August 08, 2011
— Ace He did not (IIRC) actually have the stones to blame Republicans by name -- but he did blame them by reference, claiming he had warned the nation that a "lengthy debate" about the debt limit could have dire consequences, including an economic slowdown.
Unmentioned is why he and the Democrats couldn't yield more quickly on spending cuts in order to avert this outcome which he claims, retrospectively, he prophecized.
He called for, yet again, a "long-term, balanced approach" to tackling the debt crisis, the signature element of which is "tax reform," by which he means tax hikes. He also noted the need for "modest" adjustments to Medicare.
As usual, he did not explain what these "modest" adjustments might be.
He concluded with a rah-rah that "America will always be a triple A" country, and that these problems are eminently "solvable."
For good measure, he noted that there are some things a President just can't control, such as "earthquakes" and economic slowdowns in other parts of the world, but that we can control our own response to these "disruptions." (Like, for example: Tax reform.)
One of the most absurd parts of the statement was when he averred "we all know what we need to do" (or words to that effect) and that political plans were plentiful; we only lack "political will."
This from the man who continues to refuse to offer his own plan, with real numbers, and real cuts, and real political guts.
He says we all know what we have to do, and yet he refuses to state what exactly that is. We just know.
Will he be finally unveiling a plan? No. In the coming weeks, he says he will offer "recommendations" -- the same pablum with no numbers, the same gauzy "principles" designed via focus-group to be so vague as to be meaningless (and hence to alienate no voters, but also advance no actual agenda).
Leadership.
Posted by: Ace at
10:18 AM
| Comments (279)
Post contains 337 words, total size 2 kb.
Posted by: Highsmith at August 08, 2011 10:20 AM (bZelx)
OMG.
Obama is actually using the "Sticks and stones" and "I know you are but what am I" defense on the downgrade ?? We are fucked.
Posted by: GabeS at August 08, 2011 10:20 AM (ZaNql)
If he can even last until 2012 at this rate.
Posted by: JEM at August 08, 2011 10:20 AM (o+SC1)
Stick a fork in him. . .he's done.
Posted by: looking closely at August 08, 2011 10:20 AM (6Q9g2)
Posted by: Blue Hen at August 08, 2011 10:20 AM (6rX0K)
Posted by: Mike at August 08, 2011 10:21 AM (NH9Y5)
Posted by: Barack Obama at August 08, 2011 10:22 AM (7BU4a)
Posted by: John Adams at August 08, 2011 10:22 AM (4gBnS)
President Popinjay
(-- a person given to vain, pretentious displays and empty chatter; coxcomb; fop.)
Posted by: soothie at August 08, 2011 10:22 AM (sqkOB)
Posted by: Andy at August 08, 2011 10:22 AM (5Rurq)
Posted by: Blue Hen at August 08, 2011 02:20 PM (6rX0K)
Yep. And both don't really exist, and everybody knows it. Fraud.
Posted by: Lord Humungus Wasteland Teahadi at August 08, 2011 10:22 AM (Yv6gq)
Posted by: JEM at August 08, 2011 10:23 AM (o+SC1)
They downgraded based on total cumulative debt and mid-range expenses (ie spending).
Had the House (Tea Party) simply rubber-stamped the debt limit increase, total debt and expenses would have been unchanged, and the downgrade would have come anyway.
The only fix here is for the current occupants of the White House to get tossed out, and for the Republicans to take over the Senate.
Even THEN its still going to pretty hard to change much without a Republican supermajority, but at least we'd have a fighting chance.
Posted by: looking closely at August 08, 2011 10:23 AM (6Q9g2)
Posted by: MATT DAMON!!!!! at August 08, 2011 10:23 AM (UK9cE)
Posted by: The Great Obummer's Ghost at August 08, 2011 10:24 AM (UrPTC)
His BC is actually printed on real paper.
Posted by: Heorot at August 08, 2011 10:24 AM (Nq/UF)
Posted by: toby928™ at August 08, 2011 10:24 AM (GTbGH)
Same speech over and over, like a horror movie franchise. I think I'll start calling his speeches "Saw." What would this one be -- Saw XVIII?
Posted by: arhooley at August 08, 2011 10:24 AM (PNrRc)
"ELECTIONS HAVE CONSEQUENCES".
Shoulda remembered that when your party lost control of the House in the biggest landslide in modern American politics.
Posted by: looking closely at August 08, 2011 10:24 AM (6Q9g2)
Posted by: Comrade Arthur at August 08, 2011 10:25 AM (AEA92)
Besides blame and criticism, Obama's statment was full of nothing except contradictions.
Obama proposed the following: tax cuts, tax hikes, debt reduction, and spending.
Obama said everything and nothing. He's long on a weird and conflicted vision, short on details.
Posted by: soothie at August 08, 2011 10:25 AM (sqkOB)
It's a good thing I spent mine saving my house while the dollar was worth something.
Posted by: John Adams at August 08, 2011 02:22 PM (4gBnS)
And, now, you've got all that fine liquid equity in your house which continues to appreciate in value. /
Posted by: long toss at August 08, 2011 10:26 AM (Im2q3)
Posted by: Walsingham at August 08, 2011 10:26 AM (dCigj)
Posted by: t-bird at August 08, 2011 10:26 AM (FcR7P)
Posted by: DJIA at August 08, 2011 10:26 AM (GTbGH)
Posted by: lehman and behr stears at August 08, 2011 10:27 AM (k1rwm)
I don't hate him. He's just a narcissistic, empty-suit tool of the "Progressives". He really has no clue about what is happening. It's like hating a termite for eating the timber of your house...
Posted by: The Robot Devil at August 08, 2011 10:27 AM (136wp)
Posted by: Nevergiveup at August 08, 2011 10:27 AM (i6RpT)
Holy cow, srsly, the Kossacks are responding to that speech with yet more calls of primarying him or demanding he not run.
Too bad I accidentally deleted all my blogs yesterday, including "The Morning After."
Posted by: arhooley at August 08, 2011 10:28 AM (PNrRc)
Posted by: t-bird at August 08, 2011 10:28 AM (FcR7P)
Posted by: Nevergiveup at August 08, 2011 10:28 AM (i6RpT)
In private he folds his hands, smiles, and says "Eeeeexcellllent!"
Posted by: Barack = commie crapweasel at August 08, 2011 10:28 AM (GIAu2)
Posted by: blaster at August 08, 2011 02:25 PM (l5dj7)
What is the cut off?
Posted by: long toss at August 08, 2011 10:28 AM (Im2q3)
Not incidentally, the debate on the debt limit had little to nothing to do with the SP downgrade.
They downgraded based on total cumulative debt and mid-range expenses (ie spending).
The Dems could have passed a 'balanced plan' had they wanted to'. But then they would have owned that decision. This is why they chose to actually ignore crafting a budget. We're seeing this in Europe as well. Glenn Reynolds is right. The ruling class isn't nearly up to the challenge of dealing with this, but they are all bound and determined to not be tagged with the blame. We are watching senators at $174,000 each repeating lines that would get you laughed at if you put them in a high school paper.
I was thinking that Obama would eventuall get a challenger to his right. Now I'm wondering why anyone there would want to try? They'd start out without the leftist base, and be saddled with the mess even if they won. It would be better to revert to political sniper mode, and they did 2001 - 2006.
Posted by: Blue Hen at August 08, 2011 10:28 AM (326rv)
He trotted out the same liberal lie that the "rich" don't pay any taxes.
"Tax reform that will ask those who can afford it to pay their fair share.” --Obama.
Piss off.
Posted by: Lemon Kitten at August 08, 2011 10:28 AM (0fzsA)
Posted by: Thelma and Obama already over the cliff at August 08, 2011 10:29 AM (NuPNl)
Airport kiosks. ATMs. Republicans. Earthquakes. Tidal waves. You dolts should thank your lucky stars that you have someone as intellectual as moi to steer us through these various calamities. Incidentally, what exactly is a credit rating on sovereign debt? Ahem. Anyhow, gotta' run. Tee time's approaching. Peace, yo.
Posted by: Barky von Bamalama at August 08, 2011 10:29 AM (f8XyF)
Posted by: DJIA -600, a relative of Dow -200, hwo's just not funny at August 08, 2011 10:29 AM (sOXQX)
Everybody but you Barry
Posted by: Lemmiwinks at August 08, 2011 10:29 AM (pdRb1)
Posted by: Dave at August 08, 2011 10:29 AM (Xm1aB)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:29 AM (x3YFz)
Posted by: WalrusRex at August 08, 2011 10:30 AM (Hx5uv)
How's those 401Ks doing?
I wish I'd cashed mine in when it got back up to break-even. Now it's back to not opening my statements when they come in the mail -- just throw them into drawer and hide under covers for ten minutes.
Posted by: arhooley at August 08, 2011 10:30 AM (PNrRc)
Posted by: Jean at August 08, 2011 10:30 AM (WkuV6)
Posted by: Barry XVI at August 08, 2011 10:30 AM (FcR7P)
"For the third quarter, a 1,200-point decline in the industrial average before 2 p.m. will cause trading to stop for an hour. If the decline occurs between 2 and 2:30 p.m., trading will stop for half an hour. If a drop of this size occurs at or later than 2:30 p.m., trading will not stop.
If there is a decline of 2,400 points in the index before 1 p.m., trading will stop for two hours. If this occurs between 1 and 2 p.m., trading will stop for an hour, and if this happens at or after 2 p.m. trading will be halted for the rest of the day.
If there is a decline of 3,650 points in the average at any time, trading will stop for the rest of the day." link
Posted by: curious at August 08, 2011 10:30 AM (k1rwm)
Posted by: t-bird at August 08, 2011 02:26 PM (FcR7P)
Funny how that doesn't get more play. All you have to do is look at JEF and Rahm and you just know what is going on. And I don't care what people are, but be honest at least, and consistent. There are all sorts of stories from Chicago back in the day about those two really enjoying themselves, in a Turkish prison/ Gladiator movie sort of way.
Posted by: Lord Humungus Wasteland Teahadi at August 08, 2011 10:30 AM (Yv6gq)
Scott Rasmussen wants to make "Do you think the Tea Party are terrorists?" a poll question, eh?
Here's my poll question: "Do You Believe Obama Is Purposely Trying To Destroy The Economy?"
Do it, Rasmussen, and see what you get.
Posted by: soothie at August 08, 2011 10:30 AM (sqkOB)
He trotted out the same liberal lie that the "rich" don't pay any taxes.
"Tax reform that will ask those who can afford it to pay their fair share.” --Obama.
Piss off.
Posted by: Lemon Kitten
I just amended the Won's tax return. Cranking out an EZ-1040 is a snap. It also delivers over $168,000 in 'fairness' over to TurboTax Timmy. E-filing rocks.
Be of stout hearts my brothers. And all of you sisters, be of open minds IYKWIMAITTYD
Posted by: TOTUS at August 08, 2011 10:31 AM (6rX0K)
Posted by: Lemmiwinks at August 08, 2011 10:32 AM (pdRb1)
Posted by: Sith Lord Jimmah at August 08, 2011 10:32 AM (MMC8r)
Posted by: Jean at August 08, 2011 10:33 AM (WkuV6)
I don't hate him. He's just a narcissistic, empty-suit tool of the "Progressives". He really has no clue about what is happening. It's like hating a termite for eating the timber of your house...
Posted by: The Robot Devil at August 08, 2011 02:27 PM (136wp)
Oh I hate him
Posted by: Nevergiveup at August 08, 2011 02:28 PM (i6RpT)
Sure, have at it. I despise all the rich "I hate capitalism because I'm rich" Chicago crowd that ran this idiot for POTUS, the UAW, Axerlrod, Soros and NY Financial cronies. But I have a lot of hate to spread around...
Posted by: The Robot Devil at August 08, 2011 10:33 AM (136wp)
Posted by: NASDAQ at August 08, 2011 10:33 AM (GTbGH)
"Tax reform that will ask those who can afford it to pay their fair share.” --Obama.
Piss off.
Posted by: Lemon Kitten at August 08, 2011 02:28 PM (0fzsA)
That phrase just cracks me up. What is "their fair share" and who is this jackwagon to decide what that is? Asshole.......pure and simple. Socialist POS.
Posted by: © Sponge at August 08, 2011 10:33 AM (UK9cE)
Heckuva job, Barry.
Posted by: Andy at August 08, 2011 10:33 AM (5Rurq)
Posted by: Nevergiveup at August 08, 2011 10:34 AM (i6RpT)
Posted by: Mr Pink failed sockpupeteer and general all around asshole at August 08, 2011 10:34 AM (yDPIH)
Posted by: Michelle Obama at August 08, 2011 10:34 AM (+vkOU)
Posted by: Olliander at August 08, 2011 10:34 AM (6uiF7)
What to do, what to do...
I know, I'll give another speech at 2:30! That'll fix everything!
Posted by: Barry the Magnificent at August 08, 2011 10:35 AM (sOXQX)
for a while you couldn't get onto the site unless you were on there already...wow
Posted by: curious at August 08, 2011 10:35 AM (k1rwm)
Posted by: kansas at August 08, 2011 10:35 AM (mka2b)
"That's okay, little Johnny, maybe your teachers think you deserved all those D's and F's, but you'll always be AAA in my book." -- Barack Obama.
BTW, they're issuing waivers now for schools that can't reach the minimum test scores under NCLB. Saying that those schools are failing would hurt their self-esteem, I guess.
Posted by: OCBill at August 08, 2011 10:35 AM (YJvVE)
Even THEN its still going to pretty hard to change much without a Republican supermajority, but at least we'd have a fighting chance.
Posted by: looking closely at August 08, 2011 02:23 PM (6Q9g2)
But not just any Republicans. We need hardline fiscal conservative Republicans, up and down the line. Bring on more of the Tea Party "terrorists."
Or, to co-opt the MFM's colorful term, bring on the Tea Party Freedom Fighters.
Posted by: MWR, proud Tea Party Hobbit at August 08, 2011 10:35 AM (4df7R)
Posted by: Dave at August 08, 2011 10:35 AM (Xm1aB)
What to do, what to do...
I know, I'll give another speech at 2:30! That'll fix everything!
Yeah, check out the DJIA after he got done.
Posted by: kansas at August 08, 2011 10:36 AM (mka2b)
Posted by: The Robot Devil at August 08, 2011 10:36 AM (136wp)
Posted by: George Orwell at August 08, 2011 10:36 AM (+vkOU)
Posted by: curious at August 08, 2011 10:36 AM (k1rwm)
I don't hate him. He's just a narcissistic, empty-suit tool of the "Progressives". He really has no clue about what is happening. It's like hating a termite for eating the timber of your house...
Posted by: The Robot Devil at August 08, 2011 02:27 PM (136wp)
Oh I hate him
With the white-hot heat of a billion suns.
Posted by: real joe at August 08, 2011 10:37 AM (j+oeN)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:37 AM (x3YFz)
Posted by: observer at August 08, 2011 10:37 AM (QJ9CT)
Bad News: I am playing with peanuts and I'm up something like $15.00.
Yay for me.
Posted by: A Balrog of Morgoth at August 08, 2011 10:37 AM (agD4m)
Yes, well ... quite.
Posted by: NASDAQ at August 08, 2011 10:37 AM (GTbGH)
Posted by: Founding Fathers at August 08, 2011 10:37 AM (i6RpT)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:38 AM (x3YFz)
Posted by: Bank of America at August 08, 2011 10:38 AM (sOXQX)
Posted by: Comrade Arthur at August 08, 2011 10:38 AM (AEA92)
Posted by: joeindc44 at August 08, 2011 10:39 AM (QxSug)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:39 AM (x3YFz)
Posted by: Dave at August 08, 2011 10:39 AM (Xm1aB)
Posted by: Y-not at August 08, 2011 10:39 AM (5H6zj)
Dow Below 11,000; Nasdaq Loses 6% After Obama Addresses Downgrade
Chaos is here?
Posted by: Kratos (Ghost of Sparta) at August 08, 2011 10:39 AM (9hSKh)
That's what I thought after we got rid of President Jimmy Crackcorn but I was wrong. I guess every generation has to learn all over again that their is no free lunch.
Posted by: WalrusRex at August 08, 2011 10:39 AM (Hx5uv)
Good news: My intrinsic value is going up because of gold being over $1700.
Bad news: Selling any of it off is gonna hurt like a sonuvabitch.
Posted by: TOTUS at August 08, 2011 10:39 AM (6rX0K)
Posted by: nevergiveup at August 08, 2011 10:40 AM (i6RpT)
we only lack "political will."
I think what he's looking for is a "Triumph of the Will". Wait, that sounds kind of familiar...
Posted by: OCBill at August 08, 2011 10:40 AM (YJvVE)
Posted by: Barry XVI at August 08, 2011 10:40 AM (FcR7P)
I have hardly ever seen him receive proper blame there. Worth a screen shot.
Posted by: M80B at August 08, 2011 10:40 AM (o2lIv)
Posted by: jas at August 08, 2011 10:40 AM (ZM2Bn)
Posted by: huerfano at August 08, 2011 10:40 AM (iezIp)
Posted by: Lemmiwinks at August 08, 2011 02:32 PM (pdRb1)
I wish. Their stranglehold on public education and the popular culture, along with the illegality of actually shooting them, will assure us that every 25 or 30 years liberalizm/progressivizm ideas will be repackaged and sold to a significant cross-section of the populace.
And we're purposely growing the number of folks who have zero interest in The United States of America except as to its capabilities to support them cradle-to-grave.
Posted by: eastvalleyphx at August 08, 2011 10:40 AM (qiOph)
Really? I don't even remember seeing him on campus.
Posted by: George Snuffalupagus at August 08, 2011 10:41 AM (pLTLS)
Posted by: curious at August 08, 2011 02:36 PM (k1rwm)
You know I usually ignore your posts. But today your c/p shit is so fucking reduntand its almost painfull. Are you really this dense. As we would say in german: hat dir jemand ins Gehirn geschissen?
Go figure out what it means yourself. The time it takes gives everyone hier a little reprive
Posted by: Ma Bell at August 08, 2011 10:41 AM (H/MnC)
Posted by: The Robot Devil at August 08, 2011 10:41 AM (136wp)
Posted by: © Sponge at August 08, 2011 02:33 PM (UK9cE)
I am constantly irked that no one in the MFM (including Faux in that bunch) ever seems to follow the thought on this and ask "Exactly what is a fair share? How is defined? What is it based on? How much more would you gladly pay to ensure you are also paying a fair share?"
This is one of the malleable political theory phrases that sounds good, but lacks any specificity and is completely open to interpretation by the elites of the day.
Posted by: Hrothgar at August 08, 2011 10:42 AM (yrGif)
Any elected politician proposing further deficit spending, like our fucking president, should be declared guilty of treason and imprisoned.
Mr. Y-not, is that you?
Srsly, you sound like my husband.
Posted by: Y-not at August 08, 2011 10:42 AM (5H6zj)
Posted by: MWR, proud Tea Party Hobbit at August 08, 2011 10:42 AM (4df7R)
Eh. . .retirement is so over-rated.
So is protein in your diet and heat.
Posted by: looking closely at August 08, 2011 10:42 AM (PwGfd)
Who's this "we" you speak of?
Posted by: Guy Fawkes at August 08, 2011 10:42 AM (4nfy2)
Posted by: Ma Bell at August 08, 2011 10:42 AM (H/MnC)
Posted by: stace, Tealiban IED Tech at August 08, 2011 10:43 AM (lYlx9)
I simply can't believe this cocksucker is President of the United States.
Posted by: kansas at August 08, 2011 02:35 PM (mka2b)
You and me both.
Posted by: Sean Bannion at August 08, 2011 10:43 AM (sbV1u)
Posted by: The Robot Devil at August 08, 2011 10:43 AM (136wp)
Invocation of the 25th Amendment
Posted by: M80B at August 08, 2011 10:43 AM (o2lIv)
I think the Fed's finding out the the market is bigger than them.
Posted by: Methos at August 08, 2011 10:44 AM (sOXQX)
Posted by: t-bird at August 08, 2011 10:44 AM (FcR7P)
BTW Chief? Green stuff and training does not put one person in one paying job. It's psychobabble for the cocktail party circuit, so they can jabber on about "our President is doing something."
White noise- not real work for real Americans.
Posted by: backhoe at August 08, 2011 10:44 AM (rFdqZ)
That's what I thought after we got rid of President Jimmy Crackcorn but I was wrong. I guess every generation has to learn all over again that their is no free lunch.
Posted by: WalrusRex at August 08, 2011 02:39 PM (Hx5uv)
Ever notice how most of the "yes we can" crowd is too young to remember Carter? Hell, a lot of them don't remember Reagan.
Posted by: Lemmiwinks at August 08, 2011 10:44 AM (pdRb1)
Posted by: Barney Frank at August 08, 2011 10:44 AM (e8kgV)
That'll cover the money we're going to borrow this week.
Then what?
Posted by: SlaveDog at August 08, 2011 10:44 AM (9fDAi)
I am about this >< close to offering to bet a Democrat friend (who maintains that today's drop is all about the tea party faction threatening to cause a default) that there will be a one-day fall or rise in the Dow depending on whether Obama is re-elected or defeated, respectively -- with the amount of the bet set as the one-day differential between the close on November 6, 2012 and the close on November 7, 2012. Either that will shut him up, or I stand to make out like a bandit.
Posted by: Alex at August 08, 2011 10:44 AM (/yzYn)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:44 AM (x3YFz)
I simply can't believe this cocksucker is President of the United States.
Posted by: kansas at August 08, 2011 02:35 PM (mka2b)
You and me both.
He promised not to "kiss and tell"
Posted by: Kal Penn at August 08, 2011 10:44 AM (136wp)
Posted by: Y-not at August 08, 2011 10:45 AM (5H6zj)
Posted by: Guy Fawkes at August 08, 2011 10:45 AM (4nfy2)
Posted by: palerider at August 08, 2011 10:45 AM (dkExz)
Posted by: ELF1024 at August 08, 2011 10:45 AM (6sVH5)
Posted by: Dave at August 08, 2011 10:45 AM (Xm1aB)
The reason the markets are down is because they can smell a loser from a mile away. When he shows up on camera, he just reminds them that there is over a year before he is gone, barring a resignation.
Posted by: Vashta.Nerada at August 08, 2011 10:46 AM (UhTsC)
Posted by: Drugs and Alcohol at August 08, 2011 02:43 PM (FUEui)
That's what I'm talkin about.
Posted by: eleven at August 08, 2011 10:46 AM (7DB+a)
But that's a good thing, right? Help us CNN, explain it to us..
Posted by: America People at August 08, 2011 10:46 AM (136wp)
Posted by: TOTUS at August 08, 2011 10:47 AM (6rX0K)
Posted by: Methos at August 08, 2011 10:47 AM (sOXQX)
Posted by: curious at August 08, 2011 10:47 AM (k1rwm)
Either that will shut him up, or I stand to make out like a bandit.
Dude .... do it. If nothing else his response should be priceless.
Posted by: eleven at August 08, 2011 10:48 AM (7DB+a)
I wish that were true. I have acquaintances who will say, "Oh, no, there's nothing wrong with my philosophy. You just have to have the right guy in charge."
Of course there's something wrong with your philosophy, you dimwit. You have to have the right guy in charge.
Posted by: Meiczyslaw at August 08, 2011 10:48 AM (bjRNS)
O/T - shut the fuck up.
Posted by: Waterhouse at August 08, 2011 10:48 AM (pdCUF)
They should be met by the people of their district with a rail, and be promptly rode out of town on it....
Posted by: The Robot Devil at August 08, 2011 10:48 AM (136wp)
Posted by: Methos at August 08, 2011 02:47 PM (sOXQX)
FTFY
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:49 AM (x3YFz)
The Left diddles while London burns.
Posted by: AmishDude at August 08, 2011 10:49 AM (T0NGe)
Modest adjustments to Medicare: Is that anything like Obamacare?
So...we keep Obamacare.
We tax the rich.
Problem solved?
Posted by: Your Elected Representatives at August 08, 2011 10:49 AM (LyOUH)
Posted by: curious at August 08, 2011 02:47 PM (k1rwm)
Shut up. Your "friends" "monitor" this blog? Where are you, Media Matters?
Posted by: Jane D'oh, Tea Party terrorist, and proud of it at August 08, 2011 10:50 AM (UOM48)
Posted by: Methos at August 08, 2011 02:47 PM (sOXQX)
But...but...long game! Big Picture! 2012 Elections! One-half of one-third!
Posted by: Bevel Lemelisk at August 08, 2011 10:50 AM (FkKjr)
Posted by: Drider at August 08, 2011 10:50 AM (HaJD9)
Posted by: Jean at August 08, 2011 10:50 AM (WkuV6)
Posted by: H. Spirit, esq. at August 08, 2011 10:50 AM (qfKu6)
30 somethings - want to get nauseous
I first started piling money into my 403b (100% stocks because I'm stupid and I listened to all of the smart people) back in 1999 when the DOW was at 10,900.
It has been a hell of a 12 year run. Am I wrong to think that the entire financial industry in this country is 100% full of shit?
Posted by: stickety at August 08, 2011 10:50 AM (FUDwf)
Shut up. Your "friends" "monitor" this blog? Where are you, Media Matters?
Posted by: Jane D'oh, Tea Party terrorist, and proud of it at August 08, 2011 02:50 PM (UOM4
Ding! We have a winner.
Posted by: AmishDude at August 08, 2011 10:51 AM (T0NGe)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:51 AM (x3YFz)
I want them stopped. Forever.
Posted by: Dave at August 08, 2011 02:35 PM
Operation Fast and Furious. Buzz it up.
Posted by: arhooley at August 08, 2011 10:51 AM (PNrRc)
Posted by: FRONT TOWARD LEFT at August 08, 2011 10:52 AM (cbyrC)
Posted by: curious at August 08, 2011 02:47 PM (k1rwm)
O/T go take a hike
Posted by: Ma Bell at August 08, 2011 10:52 AM (H/MnC)
Ever notice how most of the "yes we can" crowd is too young to remember Carter? Hell, a lot of them don't remember Reagan.
Which is why they keep trying to draw a correlation to Reagan. They know that the kiddies have no idea who he was or what he did, but that their parents LOVED him. So, if Obama can convince them how Reaganesque he is, they might buy into it. They certainly won't check the facts for themselves.
Posted by: Your Elected Representatives at August 08, 2011 10:52 AM (LyOUH)
We would not be where we are if we had a President Biden.
Love him or hate him, I bet he'd know his responsibilities and he'd take them seriously.
The question is, as this Presidency continues to tumble and stumble toward the abyss, will some body of Democrats start working to get Obama out before the 2012 election?
Posted by: JEM at August 08, 2011 10:52 AM (o+SC1)
Posted by: baldilocks at August 08, 2011 10:52 AM (T2/zQ)
Posted by: Jane D'oh, Tea Party terrorist, and proud of it at August 08, 2011 10:52 AM (UOM48)
Posted by: Dave at August 08, 2011 10:52 AM (Xm1aB)
Add delusions of grandeur to the list of foibles.
Posted by: A Balrog of Morgoth at August 08, 2011 10:53 AM (agD4m)
Posted by: CanaDave at August 08, 2011 02:37 PM (0fQve)
Here ya go.
Posted by: AmishDude at August 08, 2011 10:53 AM (T0NGe)
Posted by: Y-not at August 08, 2011 02:45 PM (5H6zj)
Posted by: Hrothgar at August 08, 2011 10:53 AM (yrGif)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 10:53 AM (x3YFz)
Posted by: Drider at August 08, 2011 10:53 AM (HaJD9)
Posted by: CanaDave at August 08, 2011 10:54 AM (0fQve)
Posted by: curious at August 08, 2011 02:47 PM (k1rwm)
O/OT Your cats hipster friends are way behind the times. It's terrorists. The word they want is terrorists. Axe's emails not getting thru?
Posted by: Theresa at August 08, 2011 10:54 AM (Zgfnd)
A nwe book is coming out written by Barack Obama and Tom Peters. it's on management, and more specifically crisis management.
The title: The Leadership Method of Barack Obama, for Dummies
It's mainly a coloring book.
Posted by: Rev Dr E Buzz at August 08, 2011 10:55 AM (tcSZb)
We would not be where we are if we had a President Biden.
Love him or hate him, I bet he'd know his responsibilities and he'd take them seriously
Hahahahahahahah *breathe* hahahahahaha.
You're wrong. If we're lucky, he'll run screaming ofr help. At that point, we may have a chance.
Posted by: Blue Hen did not vote for this POS six times at August 08, 2011 10:55 AM (6rX0K)
Posted by: curious delusions of grandeur at August 08, 2011 10:55 AM (agD4m)
Here is how Obama's mind works.
1) We need to tax the rich more, so they pay their "fair share"
2) Increasing taxes on the rich means that the rich don't hire so many people to work in their businesses. How do we solve this?
3) Mandate that all businesses must maintain at least 85% of their ideal workforce.
4) Who decides what counts as an "ideal" workforce size?
5) We (the Government) do.
6) Companies may not be able to afford to pay for that many workers, and may have to shut down. This would cause more job loss.
7) Mandate that companies cannot declare bankruptcy without government approval.
Any businesses that request bankruptcy will be offered the choice to go bankrupt or become government owned.
9) Government takes over 75% of businesses seeking bankruptcy
10) Government businesses undercut the private market by selling goods and services for below market value because government does not have to turn a profit.
11) More businesses go bankrupt and fall under government control.
12) Government eventually controls 95% of the economy, with the other 5% dominated by illegal "shadow economy" transactions.
13) Government mandates that all purchases must be made via government-issued credit cards, and all homes and non-government businesses will be subject to regular audits to ensure that no goods or services acquired in the previous year were done via cash or barter channels.
14) ???
15) PROFIT!!
Posted by: MWR, proud Tea Party Hobbit at August 08, 2011 10:56 AM (4df7R)
I am constantly irked that no one in the MFM (including Faux in that bunch) ever seems to follow the thought on this and ask "Exactly what is a fair share? Posted by: Hrothgar at August 08, 2011 02:42 PM (yrGif)
Cavuto did on Saturday. He had some moron dem on, and repeatedly interrupted the fool to repeat - "Per the IRS, 51% of the people in this country pay no federal income tax, and 10% pay 70% of those taxes. That doesn't sound too fair to me."
Posted by: Vashta.Nerada at August 08, 2011 10:56 AM (UhTsC)
Posted by: Hrothgar at August 08, 2011 02:53 PM (yrGif)
Time to wield Mjölnir against the evil....Posted by: The Robot Devil at August 08, 2011 10:57 AM (136wp)
This one is worse.
Posted by: backhoe at August 08, 2011 10:57 AM (rFdqZ)
A nwe book is coming out written by Barack Obama and Tom Peters. it's on management, and more specifically crisis management.
The title: The Leadership Method of Barack Obama, for Dummies
It's mainly a coloring book.
Posted by: Rev Dr E Buzz at August 08, 2011 02:55 PM (tcSZb)
An alternate title: It's Not My Fault: A Leader's Guide to Blame-shifting, Scapegoating and Demagoguery
Posted by: Insomniac at August 08, 2011 10:57 AM (DrWcr)
Drat. It's not average joe.
Posted by: Meiczyslaw at August 08, 2011 10:57 AM (bjRNS)
Posted by: Dave at August 08, 2011 10:58 AM (Xm1aB)
Then post it here for us to laugh at. I'm sure it will contain the phrase "right-wing", even though Nazism is a socialist movement, and favors extremely tight government-corporate relationships, of exactly the sort all your parasite "friends" enjoy.
Posted by: Waterhouse at August 08, 2011 10:58 AM (pdCUF)
Posted by: Ma Bell at August 08, 2011 10:58 AM (H/MnC)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 02:51 PM (x3YFz)
I second that and up the ante to them swallowing my bitter, old, cranky jism.
Posted by: Soona - Tearorrist at August 08, 2011 10:58 AM (lAPTg)
"Will he be finally unveiling a plan? No. In the coming weeks, he says he will offer "recommendations" -- the same pablum with no numbers, the same gauzy "principles" designed via focus-group to be so vague as to be meaningless (and hence to alienate no voters, but also advance no actual agenda).
Leadership."
i guess the Disaffected Ethno-Punk cirriculum at Harvard doesn't include mathmatics...
Posted by: Shoey at August 08, 2011 10:58 AM (jdOk/)
Posted by: Meiczyslaw at August 08, 2011 10:58 AM (bjRNS)
Posted by: Dave at August 08, 2011 10:59 AM (Xm1aB)
Sorry I missed that, I was making the acquaintance of a brand new grandson. Thanks for the tip.
Posted by: Hrothgar at August 08, 2011 10:59 AM (yrGif)
Billy Dee Williams as Barack Obama in "Explaining Who Creating This Economy"
Posted by: The Robot Devil at August 08, 2011 11:00 AM (136wp)
He doesn't understand economics in the same way that a barnacle doesn't understand sailing.
Posted by: AmishDude at August 08, 2011 11:00 AM (T0NGe)
Hell, I'd extend it to all the Ivies.
Posted by: JEM at August 08, 2011 11:01 AM (o+SC1)
Posted by: Dave at August 08, 2011 11:02 AM (Xm1aB)
i guess the Disaffected Ethno-Punk cirriculum at Harvard doesn't include mathmatics...
Posted by: Shoey at August 08, 2011 02:58 PM (jdOk/)
Not at Harvard Law, no.
Also not in the "General Studies" program at Columbia.
Maybe he would have had to take a math appreciation course at Occidental, but remember that he transferred before graduation.
I really think that if you gave him a simple math test (long division, fractions) he would not do well.
Posted by: AmishDude at August 08, 2011 11:02 AM (T0NGe)
Posted by: joncelli at August 08, 2011 11:03 AM (RD7QR)
Posted by: Havedash at August 08, 2011 11:04 AM (sFD5n)
172 O/t: one of my friends monitoring the blog texted me about a blog full of nazis.....
Posted by: curious at August 08, 2011 02:47 PM (k1rwm)
Which friend you little troll? You talk about them so much we know all about them. For instance we know you have precisely 2 nonliberal friends. A "coworker" and your black conservative friend who is a mathematician.
Or is this just another imaginary friend like all your others you lying little shit.
Posted by: buzzion at August 08, 2011 11:04 AM (GULKT)
Posted by: The Poster Formerly Known as Mr. Barky at August 08, 2011 11:05 AM (qwK3S)
It would be better for the medium-term interests of the country and the Democrats if he resigned right now.
Posted by: JEM at August 08, 2011 11:05 AM (o+SC1)
Posted by: Beavis & Butthead at August 08, 2011 11:05 AM (YJvVE)
I really think that if you gave him a simple math test (long division, fractions) he would not do well.
Posted by: AmishDude at August 08, 2011 03:02 PM (T0NGe)
the only thing in that brain is a memorized "Rules for Radicals" that's it, no room left for anything else...
Posted by: Shoey at August 08, 2011 11:05 AM (jdOk/)
I was so furious with my local news this morning, I nearly threw my teacup through the TV screen. As I've mentioned previously, I usually don't watch the news in the morning, local or otherwise, because being afflicted with homicidal rage is no way to get through the day. But this morning I happened to want to catch the local forecast, so I put on my local TV news just in time to hear the blonde twit morning anchor say the stupidest thing ever. Paraphrasing:
"America's S&P credit rating has been downgraded from AAA to AA+, due to the protracted battle over the debt deal that left the credit agency believing that government leaders aren't equipped to handle the current economic crisis."
I was barely awake, still hadn't showered or eaten breakfast, and I sat up with a blaze of fury and quite literally SHOUTED at my TV screen, "S&P has been saying for WEEKS that we'd get downgraded anyway if we didn't cut spending, you stupid, tow-headed, ignorant media whore!"
Needless to say, I have been in a pissy mood all day. Barry O'Bamalama's spiteful little presser just made it that much worse.
Posted by: MWR, proud Tea Party Hobbit at August 08, 2011 11:06 AM (4df7R)
Posted by: AmishDude at August 08, 2011 03:00 PM (T0NGe)
Even if you accept the obvious lie that he wrote either of his bullshit biographies, his initial advance was to produce a book on the law.
Posted by: Captain Hate at August 08, 2011 11:06 AM (houma)
Posted by: joncelli at August 08, 2011 11:08 AM (RD7QR)
I really think that if you gave him a simple math test (long division, fractions) he would not do well.
Posted by: AmishDude at August 08, 2011 03:02 PM (T0NGe)
I never learned no guzintas. My mullah said I don't never need them.
Posted by: Dick O at August 08, 2011 11:08 AM (lAPTg)
But Chris Matthews says ... "I sort of like the spirit of [Obama's] administration. I like the whole direction its taken in terms of responsibility and what it stands for in our country's history."
Right ...
Posted by: kg at August 08, 2011 11:08 AM (Hu5B6)
Posted by: polynikes at August 08, 2011 11:11 AM (ufGlD)
Being a Dhimmeroid liberal is all about good intentions.
1) "We all know what we have to do."
2) ???
3) Utopia! Free stuff for everyone (who voted for me).
Posted by: chuck in st paul at August 08, 2011 11:11 AM (EhYdw)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 11:12 AM (x3YFz)
Posted by: Soona - Tearorrist at August 08, 2011 11:14 AM (lAPTg)
Posted by: tangonine, Tea Party Terrorist at August 08, 2011 11:14 AM (x3YFz)
Posted by: no good deed at August 08, 2011 11:15 AM (XOE79)
I have it said it yet today.
Go fuck yourself, TROLL. All 38 of ya living inside that whacked out head of yours.
Ah, I feel better now!
Posted by: laceyunderalls at August 08, 2011 11:16 AM (pLTLS)
Posted by: The 12th Imam at August 08, 2011 11:16 AM (RD7QR)
Seems to me that CCB, Ryan's Budget, etc. comprise the type of plans, if followed would have allowed us to avoid the S&P downgrade.
For example, France instituted a retirement/pension reform plan that allowed them to keep their AAA.
So the House has multiple plans and Obama has a teleprompter, yet it's the "other guys" fault?
Posted by: Marcus at August 08, 2011 11:16 AM (ETfSV)
Posted by: Soona - Tearorrist at August 08, 2011 11:16 AM (lAPTg)
So we certainly want to see Obama 'fail' in that regard.
We do not, however, want him to be able to take the country down with him, which is kinda where we're going right now.
We do not have a parliamentary system. We cannot expect a cabal of Democrat senators looking out for their own interests in 2012 to accidentally do something good for the country and throw Obama out.
I have fantasies - and I'm sure that's all they are - of a quarter or a third of the Democrats in Congress deciding Obama is enough of a threat to the country that he must be neutered now. Where they'd go from there is another question.
Posted by: JEM at August 08, 2011 11:16 AM (o+SC1)
Posted by: polynikes at August 08, 2011 11:17 AM (ufGlD)
Posted by: BigDaddy1964 at August 08, 2011 11:19 AM (DueYW)
Posted by: Boulder Toilet Hobo at August 08, 2011 11:19 AM (+XGEJ)
There would be taxes, and there would be entitlement reform, and there'd probably be some defense cuts, and we'd probably do the full Sir Robin on at least one Mideast war.
But could it happen? Could the Congress find enough common cause to just put Obama on the shelf?
Posted by: JEM at August 08, 2011 11:22 AM (o+SC1)
Posted by: curious at August 08, 2011 02:47 PM (k1rwm)"
Right. You have countless unbelievably intolerant friends. You parrot what they say with zero curiousity about what it says about them to be so deranged.
Is there anything here Nazi-like? No. But you are too cowardly to defend your words, so you pretend your 'friend' said it.
You also posted porn as a joke. Then claimed your friend made you do it. It's stupid.
But I guess the internet is full of loser griefers lately.
Posted by: Dustin at August 08, 2011 11:22 AM (519+h)
Is it possible to have a Presidential Recall Election???
I mean he's already pretty much a lame duck with both legs broken, but if there was anyway we could pile on the humiliation to make sure the nation NEVER makes this mistake again......
Posted by: MrObvious at August 08, 2011 11:25 AM (H87Hu)
Posted by: Boulder Toilet Hobo at August 08, 2011 03:19 PM (+XGEJ)
It's one of the things Rush warned us about today. The fed reserve is going to start infusing the market with cash so it will look like a recovery. Don't fall for a so-called stock market recovery. This is probably how Dick is going to gain control over many private corporations.
Posted by: Soona - Tearorrist at August 08, 2011 11:25 AM (lAPTg)
You were too afraid of a government shutdown and caved to the Democrats and raised the debt ceiling in return for nothing but a bunch of fake cuts.
Posted by: That's Mr Hobbit to you at August 08, 2011 11:31 AM (sbaXF)
I expected more fires and public hangings.
Posted by: Johnny at August 08, 2011 11:36 AM (iT/Iy)
Posted by: PJM at August 08, 2011 11:38 AM (e8kgV)
I'd like to smack him right in the face.
Posted by: Jane D'oh, Tea Party terrorist, and proud of it at August 08, 2011 02:48 PM (UOM4
...black eyes, lifeless eyes, like a doll's eye...
Posted by: Quint at August 08, 2011 11:42 AM (ReC4P)
Posted by: ChristyBlinky at August 08, 2011 11:44 AM (FnRYN)
<i>Ace noted: He called for, yet again, a "long-term, balanced approach" to tackling the <b>debt</b> crisis...</i>
I know I only caught a very very small portion... But, didn't he say this in regards to tackling the "DEFICIT"?
I didn't hear anything regarding the DEBT, but as mentioned - I heard only less than a minute of it.
Posted by: Dilligas at August 08, 2011 11:46 AM (HhjUQ)
Without Bing'in it, take a guess who said it and what century. HINT: It fell...hard. Four letters ought to do it.
Extra credit for the name of the person who said it. (I will post it down the the thread)
Posted by: GW McLintock at August 08, 2011 11:55 AM (T78+1)
What we all know is that so long as Obozo is in the White House, we are well and truly screwed. I'm going out to get stewed--and maybe tattooed.
Of course I could let litle Bwarney Fwank snow me, blow me and throw me.
Posted by: Comanche Voter at August 08, 2011 11:59 AM (3ESDJ)
Heh.
Like making the oceans stop rising was easy, but this economic thing, it's hard.
Heard the last bit of fuckwit's address while in the car. Cannot say it sounded inspiring.
Posted by: I'm in a New York state of mind at August 08, 2011 12:04 PM (4sQwu)
Posted by: Ethel at August 08, 2011 01:26 PM (uqrQZ)
Posted by: Odysseus at August 08, 2011 03:08 PM (VbQ1q)
Posted by: Shawn, but not lower-cased shawn at August 08, 2011 03:46 PM (MblCe)
Posted by: Barack Smalley at August 08, 2011 03:54 PM (ZMHGo)
Obama remains tone deaf and alone in his own little twilight zone. The chief idiot is predictable in his unerring rants and dogma. The only question is how can someone tell so many lies in such a short period of time.
Our debt is more than the rest of the world's combined. AAA rating? Only in the space between Obama jug ears.
Posted by: Molon Labe at August 08, 2011 05:03 PM (g5MrG)
Posted by: How Music Works AudioBook at August 08, 2011 05:45 PM (VWCNA)
Posted by: Wow at August 09, 2011 12:44 PM (1GY0A)
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Not playing well with the base, either. Kos facepalms, calls him Capitulator-in-chief, snoozes.
Posted by: arhooley at August 08, 2011 10:19 AM (PNrRc)