posted on Jan, 12 2009 @ 12:02 PM
Originally posted by detachedindividual
The fact is, the desperation of this situation wasn't known when these promises were made.
The desperation of the situation wasn't known? All due repsect but that is just not the case.
Here is a bit of knowledge for anyone wondering... the buybacks on these bad sub-prime loans started as early as late 2006!!!! By February 07 mortgage
giants like New Century were shutting their doors reporting disasterous reaction on the markets due to the pooling of bad debt (mortgage loans).
Economists as well as govenrment watch groups have been monitoring our flailing and faltering economy for the better part of four years now with
knowledge that there was a massive storm brewing.
How can you say Obama didnt know the severity of the situation?
My position is that Obama and his campaign built an entire campaign based around lies and deceit. They played on the desperation and fear of the mass
public. They used Bush's horrid 8 year performance as a back drop to offer change and hope and all of these cute little buzz words, knowing full well
that they were to be undeliverable.
It is the same game politicians have been running throughout the history of man kind, over-promise and under-deliver. Say and do anything to get into
the position of authority and then do as thou will.
Ever stop and wonder how it was that a completely unqualified and inexperienced individual such as Obama could be nominated and elected to the most
powerful seat in the world? It wasnt for his decision making or leadership skills, it wasnt for some impressive track record of public service, it was
because he is an excellent orator and a convincing and trustworthy speaker.
They were banking on the fact that he would be able to sell the "big lie" to the common man and being that he was "one of us" he would be able to
convince us all to lay down and take it without fuss. The masters of his campaign and rise to power knew what a horrible day lay ahead for this
country, they knew we were going bankrupt and desperate times were in the forecast.
So they needed a charming and charismatic salesman to come in and play the savior role. A man who would be above scrutiny and reproach by many. A man
who was able to hand us all a handfull of dog crap and tell us it was gold with a straight face. They sold him as the anti-Bush, the messenger of hope
and peace. The fact is they have known all along what we are facing, they just didnt want to admit it until after the election had been wrapped up.
We the people fell for it again...hook line and sinker