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Do you believe Obama that a depression has been averted?

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posted on Mar, 16 2009 @ 01:18 PM
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And the economy could improve in 2009?

I don't. Just a month ago he was saying how terrible it was!


He's acting JUST like John McCain.




posted on Mar, 16 2009 @ 01:19 PM
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How is he acting like John McCain?

I'm not getting the comparison.



posted on Mar, 16 2009 @ 01:20 PM
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Originally posted by jd140
How is he acting like John McCain?

I'm not getting the comparison.


He was saying the same thing in 2008.



posted on Mar, 16 2009 @ 01:28 PM
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Do I believe him?

No, because I never believed his 'catastrophe' doom and gloom to begin with. Its a classic political tactic: talk down the economy, make it out to be worse than it really is, so that when it recovers no thanks to your interference, you look like a hero to the average citizen.

That's not to say that we don't have a mess on our hands, but if you were listening to this guy, we were practically looking at the end of civilization if we didn't pass his socialist, I mean, stimulus package last month. I just hope that his socialist...oops, stimulus package (damn, I did it again) ...doesn't destroy the economy's natural tendency to right itself.



posted on Mar, 16 2009 @ 01:43 PM
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Originally posted by Donnie Darko

Originally posted by jd140
How is he acting like John McCain?

I'm not getting the comparison.


He was saying the same thing in 2008.


I would tend to believe McCain, we have averted a depression. He has been saying it for a year or more and Obama has just jumped on that paticular band wagon.

Just because we averted it does not mean we have passed it. McCain is also saying that Obamas economic plans are dangerous to the economy. If he was right before, we should think he is right this time also.

Obama himself didn't have any confidence in his economic proweless during the campaign, yet he was elected anyways. What happened was that we traded getting out of Iraq a few months early in exchange for a President who doesn't know anything about the economy.



posted on Mar, 16 2009 @ 01:54 PM
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So Obama thinks he averted a big depression?
Is he bringing out a big "Mission Accomplished" banner now?

How do we really know a depression was actually around the corner?

I don't think so.
Sure we keep hearing that people are losing their jobs but that's always been the case. The market may appear to be bad but that's probably because people are no longer trusting the banks and stock market with their money and are instead now paying with cash.

People are ditching their credit cards too.

People may not be travelling much but are instead dining out regularly.
Go out to dinner on Friday and Saturday night and you'll notice the restaurants are jam packed with people.
How could this be if the MSM keep telling us times are tough right now?

Pay no attention to the Obama fear tactics and beware when he patts himself on the back.



posted on Mar, 16 2009 @ 02:19 PM
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Originally posted by Donnie Darko
And the economy could improve in 2009?

I don't. Just a month ago he was saying how terrible it was!


He's acting JUST like John McCain.


Where did he say he ended or orverted a depression? Better yet how can any sane person think the economy is going to fixed within a month or so? Anybody, even ron paul himself in office will need alot more than a month or so to see any real improvements or healing of the economy. Be real.

Now wheres the link to this?



posted on Mar, 16 2009 @ 02:23 PM
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Originally posted by jd140

Originally posted by Donnie Darko

Originally posted by jd140
How is he acting like John McCain?

I'm not getting the comparison.


He was saying the same thing in 2008.


I would tend to believe McCain, we have averted a depression. He has been saying it for a year or more and Obama has just jumped on that paticular band wagon.





now this is the funniest post I have ever read...
- about as good as Iraq attacked us on 9/11.



posted on Mar, 16 2009 @ 02:29 PM
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I'm still depressed, so no, I don't belive him at all. We haven't even begun to understand what fallout will come from this bull sh!t stimulus garbage and all the spending that was done to bail out the bank execs. I would love to see things improve. But a lot of things need to change in order for a complete turn around. We keep giving the government more control over private banking and insurance when in reality the fix is less government as stated by any economist with more than three brain cells. You want change? Paul/Gingrich 2012. You don't hire a fox to guard the hen house, you hire a guy with a big gun.



posted on Mar, 16 2009 @ 02:31 PM
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I still think he was right when he said we have averted a deperession.

Doesn't mean I agree with everything he has ever said on the subject.

I also think we haven't completely dodged it either.



posted on Mar, 16 2009 @ 02:37 PM
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He has not adverted anything, he and the federal Reserve are not in protection mode for the markets alone, you, me and the tax payer has taken second place now.

Read the statistic and them see what is really going on right now with our nations health.

U.S. Loses 651,000 Jobs in February, Including 168,000 in Manufacturing
U.S. Must Stimulate Manufacturing to Stop Economic Slide



WASHINGTON, DC – The U.S. Bureau of Labor Statistics (BLS) reported today that the United States lost 651,000 jobs in February. From February 2008 to February 2009, U.S. nonfarm employment has fallen from 137,936,000 to 133,768,000, a loss of 4.168 million jobs.


If our working force is unemployee the tax payer will not be able to support al the government spending.

Massive Trade Deficit Highlights Obama's Broken Promises

If we can not produce our nation can not create jobs and wealth.


“Deficit driven prosperity can only continue as long as foreign investors are willing to add, each year, hundreds of billions to their huge holdings of dollar denominated securities, and there is no guarantee that financing will be forthcoming,” Morici writes.

Today, the Commerce Department reported the January trade deficit was $36.0 billion. This was down from $39.9 billion in December, largely because oil prices fell and the recession is slowing demand for imported Chinese consumer goods.


www.tradereform.org...



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