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plans as a traitor, unAmerican, or as simply "playing politics" (which seems to be Obama's favorite slur against anyone who has the balls to call him out on something or disagree with one of his stated ideas.)
Originally posted by JBA2848
reply to post by burdman30ott6
This is the part I have to question you on
plans as a traitor, unAmerican, or as simply "playing politics" (which seems to be Obama's favorite slur against anyone who has the balls to call him out on something or disagree with one of his stated ideas.)
I can swear traitor, unAmerican was Bush and companies lines not Obamas. If you can show me any where Obama has said these things to promote his agenda I will stand corrected. Other wise pleae edit yourself to factual statements.
It will also be interesting to see how quickly the Obama administration takes another play from the Bush playbook and starts labeling
Wells Fargo & Co. on Wednesday posted a quarterly loss of about $2.6 billion as the banking giant was hit by credit write-downs while losses at Wachovia, which it recently acquired, topped $11 billion.
But shares of Wells Fargo shares soared more than 20% at last check as financial stocks rallied on talk the Obama administration is close to a plan to set up a "bad bank" to get toxic assets off troubled banks' balance sheets and jumpstart lending.
Originally posted by lernmore
Originally posted by HunkaHunka
Wait a second .
So there is really nothing at all to be concerned about?
All the "crises" and "panic" and 70,000 jobs disappearing on Monday is all part of a sham to get Congress to sign a bill?
The problem is, when the president says, "If you don't pass this bailout package by next week, the worlds economy will collapse" it gets shoved through with no oversight.
Originally posted by HunkaHunka
No doubt... I understand that. So why don't they push for oversight instead of acting as if the President is manufacturing fear?
I'm all for oversight.
Originally posted by burdman30ott6
Hasn't that struck you as just a bit odd that companies are being financially rewarded for reporting horrible earnings and laying off thousands? This is a new phenomenon
Originally posted by burdman30ott6
reply to post by Irish M1ck
It's crap, pure and simple man. Do you question whether or not the secretary of the treasury is in charge of the government's Plung Protection Team? Do you question whether or not this entity is essentially an extension of the sitting president's administration, able to ensure that on the surface anything needed to boost one of his plans (a crash or an upswing) takes place when needed? My God man, Obama's treasury Sec. is Tim Geither... a man who was president of the NY branch of the Federal Reserve! He was second in power on the FOMC only to Ben Bernanke, one of the great orchestrators of this recession.
How in the hell can a man so deeply involved with the manipulation of the markets and the creation of this recession under Bush be trusted to not be involved in the same damn thing now that he's running the show under Obama? Did he magically get injected with decency and morality when Obama touched his shoulder with the sword? I sincerely doubt it.
Originally posted by burdman30ott6
The Politicians of course make it sound like it was all the Big Bad Banks fault and that you share no blame so they can get your votes. They will never admit that "We the People" share equal responsibility for borrowing more than we could afford to pay back.
Originally posted by HunkaHunka
reply to post by burdman30ott6
Wait a second...
So there is really nothing at all to be concerned about?
All the "crises" and "panic" and 70,000 jobs disappearing on Monday is all part of a sham to get Congress to sign a bill?
Oh well if that's the case then I guess the world ISNT melting down.
Silly me for thinking that the financial crisis was real.
So hilarious that the "loyal opposition" stood behind the mass hysteria of WMD, but now, with the world collapsing all around us, they want to act as if the President is manufacturing fear? Really?