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Biden: "We Misread How Bad the Economy Was"

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posted on Jul, 5 2009 @ 12:03 PM
It doesnt sound like they are reading anything to me. It seems like they are listening to the federal reserve and bowing down to their commands. When they want more money they come out and say "Oh its much worse than we thought" when a year ago they were saying everything is fine..

posted on Jul, 5 2009 @ 12:09 PM

Originally posted by ZindoDoone
If the economy is that good why is it another two stores here in town had their windows boarded up and the business go bankrupt.

That is the key to waking up the masses... More people need to get out and take a good look at things around them.

Closed businesses and industries everywhere, some were around for decades and before the economic troubles were doing very well, employing many people in communities all over the country. Look at all of the empty homes everywhere, the depressed property values, the continued and growing number of failing banks and closing businesses, foreclosed homes, rising unemployment etc. All of these things are only going to get worse with the recent past and future deficit spending in government and in the TRILLIONS of dollars, the failed stimulus, health care reform, failed bailouts and reorganization of unions and industries, crushing the capitalist system, cap and trade... and on and on and on.

It is all around you, either remain oblivious to it with the naive belief that it will not get to you, or wake up to it. It is time for Americans to get the ability to see through the false media hype, the lies from the controlling administration and socialist party in control of congress.

Bah, maybe it's too late anyway.

posted on Jul, 5 2009 @ 12:12 PM
reply to post by Walkswithfish

Hate to break it to you,but Obama did jack all to your *capitalist* system you haven't had one since before the first world war.He is just making sure everyone knows it...and why do you complain about just over a trillion dollars in bailouts when the pentagon can lose 3 trillion in under 4 years and most people dont give a damn?

posted on Jul, 5 2009 @ 01:16 PM
It was the lying, stealing and cheating done by the GOP, Mega Corporations, and the Bush/Cheney administration that caused the economy to flop. Now we all want to point fingers at the person trying to fix our economy instead of ignoring it.
All the flack being received by the Obama Administration was absent when the actual culprits were dismantling America. These motivations to try to "will" failure on the Obama Administration come from something other than many of you will admit publicly. It's true, I see and hear it everyday where I live and think President Obama and millions of others know where the hatred stems from too!

posted on Jul, 5 2009 @ 01:23 PM

Originally posted by Tartarspoon
Now we all want to point fingers at the person trying to fix our economy

He isn't trying to fix it. That's absurd.
He's finishing the job that Bush43 started.
He's running it into the ground.
That's what his NWO masters want.
So that's what the nitwit is doing.

posted on Jul, 5 2009 @ 04:43 PM
How short people's memories are.

When the original stimulus package was proposed (under Bush) many responsible economists predicted that it might not be big enough, or implemented fast enough, to completely alleviate the coming depression. Many said a second or even third stimulus might be needed to get the stalled economy going again. Timing of the stimulus packages was key. Congress jacked around and stalled on Obama's stimulus package and thereby possibly lessened its impact when it finally did get passed.

Obama has always said things would get worse before they get better. He did not say things were all rosy at the time his stimulus was passed. He hasn't lied about that. He has also said a second or maybe more stimulus might be required. Why do so many people on here have such short memories?

Yes, things are bad now and they're going to get worse. But it will probably not be the 1/3 unemployment we saw during the Great Depression, thanks to Bush's and Obama's stimuli.

We could do with a few less armchair economists.

posted on Jul, 5 2009 @ 05:02 PM
All Scranton Joe is doing here is planting the seed, this way it wont be an entire shock when the Obama administration comes back demanding more money to "save" our shoddy economy.

Basically old Bilbo Biden is applying the grease to the backside of the American public in advance, this way the long greedy arm of our banking cartel "administration" will have no trouble reaming the tax payers again, should they see fit to do so.

These criminals never give up. And what's worse, when they come crying on national tv begging for more money like a sweaty tv evangelist, millions of Obamaphiles will all too willingly fork over their pensions and 401K's for the greater good...because STUPID PEOPLE NEVER LEARN.

Sleep well poor sheep.

posted on Jul, 5 2009 @ 05:28 PM
reply to post by proximo

Stimulus? We want these people providing another stimulus?
It is not the Repubs Or the Dems...It is BOTH....

Hell, back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it.. They failed and it closed. Now we're trusting the economy of our country and our banking system to the same nit-wits who couldn't make money running a whore house and selling whiskey!" No comment necessary!!!

posted on Jul, 5 2009 @ 05:52 PM
reply to post by Darthorious

My only question is how do you misread a failing economy?

By being 1000% incompetent for the job. That is how. The person who got elected was 1000% unqualified to be President of the United States of America.

posted on Jul, 5 2009 @ 06:14 PM
This is their job... to go oops, we screwed blame the fall guy, then ask us to make more sacrifice to fix it.

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