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Barack Obama has warned the US faces "economic catastrophe" if politicians fail to pass his £640bn rescue plan.
Mr Obama warned that the consequences of inaction would be severe.
"If we do not move swiftly to sign the American Recovery and Reinvestment Act into law, an economy that is already in crisis will be faced with catastrophe," he said during a meeting with House Democrats in Williamsburg, Virginia.
We still face a catastrophe.
The American people need, demand and deserve actual change. What we have seen is a “who’s who” of Washington insiders and old-guard Democrats. We need more than the same old “free trade” thinkers and Clinton-era retreads. Somehow, despite his incredible popular mandate to bring sweeping reform to the White House, President Obama has instead chosen to openly promote the very policies which he railed against just months ago. We were told that the election would bring radical change to the failed system which was foisted on this nation throughout several administrations. What we are getting thus far is more of the same. The President seems more worried about his budget bending economic stimulus than with the qualifications and background of his advisors. We need professionals and experts who have a real understanding of the economic situation in America. The last thing we need is more lawyers who are in over their heads.
Originally posted by David9176
reply to post by Benevolent Heretic
We still face a catastrophe.
We face catastrophe because our spending is completely out of control yet he wants to do more it. I was hoping he'd try to stop it and maybe reverse it....NOPE!
He's going full throttle to completely bury this country into debt. This isn't the first...there is more coming.
And i also said last week somewhere on ATS that he would do this..he needed some numbers to push this...well he got them today with the unemployment numbers.
Originally posted by marg6043
Mental modulator, what I have observed in the Obama administration so far is that while he have good intentions and a good model, the people that he has surrounded himself with to do the job is not.
They have a past history of failed policies that actually are the ones that brought the nation where is today.
To me either he is been force to give a place to this crocks due to party lines or the power behind his presidency is too strong for him to ignore.
Beside what they do care if he is one time wonder when the next president is just that another president that still will have to bend to the powers wishes.
Sad times in our nation and within our government right now to be a president.
[edit on 6-2-2009 by marg6043]
Originally posted by ConservativeJack
Government is the problem
Spending is out of control
The reason we are going to collapse as a society is because of Government.
The US Government right now is at Alamo's Last Stand, she is trying to take as much power as she can before civil unrest begins.
We are already buried in debt sir - been slopping it on for almost a decade -and two decades before that...
Your point makes the assumption that OBAMA is evil or purposefully try to kill the U.S.A.
This assumption that he is trying to F things up on purpose is absolutely illogical IMO.
For all any of us know, we may be MUCH worse off than we are being led to believe.