Obama Warns of Consequences Without Stimulus

[xlioilx]

@spasmaticcontortion amen! The only thing free in America anymore is a prison cell.

[danmol78]

Consequences like double the unemployment rate? Oh that happen AFTER your failed stimulus package. Prosperity does not come from the gov't.

[jono1028]

Say hello to a "BLACK" Jimmy Carter. Three more years of FAILURE and blaming BUSH. When Obama stumps his toe, I'm sure BUSH is to blame somehow.

How is the HOPE and CHANGE working for us now??????? I HOPE I have enough CHANGE to buy food this week.

[jono1028]

IF WE DON"T PASS MY STIMULUS THE FOLLOWING WILL HAPPEN.

We did pass his stimulus that they renamed to "recovery act" because they knew what it was REALLY intended to do. Recover the lost years that DEMS missed on expanding government..

1. unemployment might top 8% if stimulus was not passed, we are now above 10% --- FAIL

2. more USA companies will fail if stimulus was not passed, take a look at the empty office space that have been vacated since.---FAIL

3 foreclosures still going -- FAIL

[spinellib]

This is amazing. Obama predicted everything exactly as it happened.

[ChickenWingsRGood]

Regardless of what haters say, Obama is still 100 times smarter than the average American.

[myfagan]

yeah its pretty sad huh?

[SirFelix377]

Obama made and broke a lot of promises. Why?

Because he is owned by the same bankers and corporations that owned Bush.

The government does not represent the best interests of the American people.

The government represents the best interests of the globalist bankers / corporations.

Wake up America!

[NCMan28025]

Sad but true. Obama is just another typical politician, no matter what the Kool-aid drinkers claim.

[HonYi]

All US president are The Great Dictator,obama must be the greatest dictator ,fuck the black money ! great United States of Afica

[celticlofts]

The recession will not last four years because the patience of the American people will have exhausted itself long before then. Were already seeing tent cities popping up everywhere. If the Government doesnt want to see troops on our streets, then I suggest they fix these problems, and fix them fast.

[douglassx86]

the thing is..the government CANT fix the problem because the govt is the problem. Too much intervention, too many taxes, too many regulation.

What makes a successful economy is so fucking simple its pathetic. We need production or something to export and jobs come from that. thats it

[avionicswirenut]

With stimulus---- America another 800 billion in the hole...Working class deeper in debt. You people wanted change. Its coming. ASSR ---- American Social Socialist Republic

[ndugumuzana]

People this time were knowingly or unknowingly mislead. But when are they never tempted by the lure of cheap credit, or easy money flying out of buildings. People may or may not act responsibly, but professionals must!

My cry regarding this crisis is that; All human endeavor that demand professional oversight require the professional in question to diligently carry out their duty 'coz failure to do so will result into catastrophe!

Someone left the barn door open... and there is only 1 culprit

[feurzug]

Because principles have consequences the president needs to better explain why his various bailouts punish the prudent, reward the reckless, and flagrantly violate the principle that people must live with the consequences of their personal decisions.

[HammockTimeNow]

It's called socialism, baby...and welcome to it

Who's John Galt?

[zardcat1111]

Obama needs to look up Darwin's theory.

[ndugumuzana]

Without the "Cause" i.e. greedy, sanctimonious, unprofessional, smug so called Banks/Mortgage Lenders, we most certainly wouldn't be discussing the "Effects" i.e. The Bail-Out.

The contributors on this forum who understand "the basic principles of Causality" will know WTF I am talking about.

However, if you believe Pres. Obama is the problem, then humanity will always fail to reason with U. This isn't a case of 'OH IMO blah blah!' This is simply whether u understand thing rationally or NOT!!!

[ndugumuzana]

Dig THIS?

"Cause and Effect!" What some fail to notice here in their suggestions is that: The bail-out is nothing more than a product of a more sinister & greedier operator, by this I mean, the Institutions/Banks that decided to afford us the credit/loan to buy beyond our means.

IMO the way U destroy anything (America, a company, a club etc) is by failing to recognise the real cause of the problems. Blaming the effects most certainly will get U no where.

The Bail-out is nothing but an Effect!

[seximong]

My opinion is what is that stimulus plan going to do or going to help the people. Few hundreds or few thousands. Well to me that will not be enough, may be gov't should give families $10,000 or more to pay their bills first. Not only gov't , but citizens are in debts too now!

[feurzug]

I don't want any handout from the damn gov't. It's still somebody's else's money - at the end of the day - somebody else worked for that money. That is a fact.

[celticlofts]

I think you are both right so lets not reach a compromise. How about we keep what we would have paid in Federal Taxes instead of giving it to people who seem to have no problem wasting it. Im sure you can find much better ways of spending it than building bridges to nowhere.

[Dehlila07]

Businesses are not owning up to their fallacies- they are putting us in debt. I am owed a lot of money, time, effort, and livelihood for their lies, corruption, disregard, and deception. They owe me tons of money and gave me tons of trouble. They don't enforce their own policies-a joke. My dad died and they made my mom pay for his debt (even though, divorced). Now, I'm up to my eyeballs in debt, jobless, and no degree. 531% difference in $ between the classes? they earned "it" alright...

[JoeAverage86]

THis stimulus package is a joke.  Its a liberal give-a-way program designed to make government bigger. NO money goes into stimulating the eonomy. That's why Wall St isn't buying this. Obama is a fraud. AMerican public has been mis-lead by the media. He offers nothing to the middle class.

[tnguyen603]

wall street is set out to MAKE profits... I am glad that WALL street is not buying this.... Wall Street Feeds on inefficiency... and loop holes...

[friggya]

Obamas poor-neighborhood-organizer perspective is showing. His stimulus package provides an incentive to the States for adding people to their welfare roles. This reverses the reforms made by President Clinton. Pretty dumb but then its someone elses money the working Americans money!

[nits56]

scare those welfare mamas ,go obama . no need to work obama will send you to afghanastan  have fun lol

[cindy6wm]

We'll see just how good a "Stimulator" he is. Obama girl's not singing now.

Ha!

[GTnumber1]

GEORGE W. BUSH was the best president. He was the man that could fix this economy. It's a pity he had to leave office because he had the brains and wits to figure out this problem. I miss him.

[sshapewa]

bush was an asshole so does obama and a whole lot of u fucktards!!dont u see that this bailout is just printing money from nowhere.Zimbabwe took the same path and look at where they are now!!america is going down thanks to the irresponsibl lazy bum fucks who dont know what the real world entails!!

[lighwave]

There are 100 pages devoted to health care. Rationing systems are being snuck in the back door with this bill. It would be tilted against the elderly and disabled. What happened to TRANSPAERENCY?

It is unconstitutional to give so much power to the government on such personal matters. She said that rationing systems are being snuck in the back door with this bill. It would be tilted against the elderly and disabled.

[lighwave]

Republican Senators are questioning whether President Barack Obamas stimulus bill contains the right mix of tax breaks and cash infusions to jump-start the economy. Tragically, no one from either party is objecting to the health provisions slipped in without discussion. These provisions reflect the handiwork of Tom Daschle, until recently the nominee to head the Health and Human Services Department.

[buzzadler]

I encourage everyone to google search " alan greenspan" "gold and economic freedom" you will find an excellent essay that will explain why this stimulus plan WILL NOT WORK. "Deficit Spending is merely a government scheme for the confiscation of wealth." or Come to my website at United States Liberty Dooot Com and i will explain to you why this is a total scam. they know this won't work, and its merely an excuse to do something bigger and worse in the future.

[jdsimp10]

So after this 900 billion plus the 700 billion thats 1.6 trillion right. I have an idea, they should forger Presidential coins and make Obama Bonds ans sell them right next to the lottery tickets at 7 eleven for like $10. With all the support he is getting from the lower class, they would gobble this shit up and eventually at least half would be lost. Thus free money. Letthe people who voted him in pay for this shit...lol

[fockewulf68]

hahahaa that's actually not a bad idea. right next to the swisher sweets and rolling papers. LMAO

[howdythere38]

Who is this jerk off kidding. Americans are not stupid and the buyers remorse for this clown is setting in. It's a shame the first black president will go down in history as the man that destroyed the greatest nation on earth. Not what the black community probably wanted to see on their first BIG chance...FAIL

[inkydinkydooky]

"Government big enough to supply everything you need is big enough to take everything you have ... The course of history shows that as a government grows, liberty decreases." (Thomas Jefferson).

[impeachobamasass]

Its funny, it took our getting into a war(ww2) to end the last major depression, what is Obama bin laden planning on doing to get us out of this one? Were already at war...

[atomicbilly]

Right. We should just sit back and watch the economy hit a new depression. Great thinking. I'm sure if you were living in Truman's presidency you'd call his "New Deal" "politics as usual" and a "bunch of pork" spending. You have to spend money to create jobs. It was the government's projects like Hoover Dam and highway construction that employed millions and helped bring us out of the Great Depression. Why not read some history and see what they're trying to do here?

[Dighton82]

The "new deal" was FDR. The Hoover Dam was President Hoover. (hint the name Hoover)

[jlettuce07]

Actually, it was government programs and spending that crowded out private investment and stifled economic growth, thus lengthening the Great Depression. It's basic economics. Not to mention government jobs are temporary and nothing more than a transfer of private funds to public projects. The government has no money. It either comes out of private pockets in taxes, or has to be borrowed, limiting the capital available for businesses, which ACTUALLY create jobs.

[BloodTar]

If an election were held today Obama would be sent back to Chicago to do some more community organizing.

[cicero747]

Bush was wrong on the 700B bailout. And now Obama (Bush Jr.) is trying to force a 900B package. I don't care which party you support... I don't see a change. We are still the ones that gets settled with the bills. More politics as usual.

[cicero747]

Whether you are an obama groupie or right-winged mouth piece... the stimulus package equates to about 20K/family that will be subsidizing failing business. Good money after bad.

What happen to the $700B? Now they want another 900B! why does the gov get to decide that wall street should get bailouts but main street should not? isn't it bad enough we have 2 sets of rules for tax paying? now the poor is going to subsidize 500K executive salaries? why not just forget bail outs to begin with?!

[kevinocooldaddy]

Having been in sales for a long time all this is, is high pressure sales tactics. If you don't pass this now, it won't be hear tomorrow.. Obama said when has a bill of this size not ever had pork attached to it. Ok, so you are not for change then Mr. President? Because if you were then you would forgo the pork and streamline your package without butterfly farms. Suspend cap gain taxes for 3 years, cut corporate income tax from 35 to 12% then get the hell out of the way.butterfly farms,sure

[louis12346]

Stimulate FAT CAT wallets,Become a democrat you don't have to pay taxes and you kill babies Mexico & Africa thru abortion or be a republican kill Iraqis Choice ? Fair & Balanced

[BloodTar]

Obama has'nt pulled a single troop out of Iraq and actually plans on escalating things in the middle east so actually

both your choices relate to the liberal/democrat Obama and not

any Republican.

[bouckt111777]

you cannot polish a turd .. call this a stimulus and put it in a shiny package, but a turd is a turd. (you cant polish a turd, but you can elect one president)

[tbackes]

exactly, he sounds just like george bush, threat manipulation to gain political backing, i cant wait for the depression i will be rolling around on the ground in my own shit laughing...im ready for it and dont care...im going to go buy a 45 million dollar jet and fly around with obama

[gmail123forever]

he president called it " Stimulus" But it does little to stimulate the economy and more to expand government. The solution is not to have more people depend on government but for the people to get back into the workforce in the shortest amount of time possible. The bill should have a priority in creating new jobs - This bill does not.

The Republicans had a plan that for half of the $ amount would have created twice the amount of jobs but the president did not acknowledge it.

[stdoomsayer]

Obama & Biden

Osama Bin Laden

[MrJud]

wasnt bush heavily criticized for issuing stimulus checks? how is this time different?

[tbackes]

its not politicians are all the same

[1morevoice]

Racism is a sickness, stop hating on the beautiful black skin man who don't need no sun tan. ALL you racists make me sick.Stop being idiots while our economy is down the hole. You should thank God for sending a man like Obama to drive us out of the ditch BUSH has driven us in with both eyes closed. Bush can barely speak proper english and most of the time he's drunk on National TV. We all are drunk with his lies. Obama is a peacemaker and a concious American that will make us proud. Peace!

[jesumele]

This guy is fugly and he is not even able to prove without a doubt that he is national born, our constitution continues to be raped he is worse than Bush this man really is Bush III! enjoy his fear tactics, whatever happened with change and hope?

[1morevoice]

President elected Obama is an articulate individual. Christian or muslim it doesn't matter, he is a good hearted human being a man of God and he is qualified for the job.

[politicogirl]

also,what the hell is his religion,anyone Know for sure?? Christian or MUSLIM?? If he is Muslim, maybe That's why he wants to "Talk" with Hamas!! Can't Trust this smooth talking slimeball!!

[politicogirl]

Same old BS he said on his "Campaign Trail". Change is coming alright...for the Worse!! Changing subject..WHY THE HELL IS HE GOING TO "TALK" PEACE WITH HAMAS?? IS HE NUTS?? THIS MORONIC JESTURE WILL BREAK OUR TIES TO ISRAEL,WHO IS OUR ALLY...SOMEONE,PLEASE,STOP THIS LIBERAL WUSE,BEFORE HE COMPLETEY RUINS OUR FRIENDSHIP WITH ISRAEL!!

[rickya2]

hmmmm Buffet is pulling the strings

[lukewarmstorm]

This sounds familiar. Someone must of diffuse the skin of Bush cuz it sounds like him.

[Fronte999]

no solution for the WORLD? that's a pretty big one isn't it? what did China announce on Chritsmas Day? How many people live in the Asean FTA? Listen to Jeffrey Sachs yesterday. it's npt quite that bad, and Obama is making good moves. this is just the thing we need to get serious because if we had waited another 10 years for more imbalances and deficits to grow it would be even uglier.

[magichandpuppet]

It's over my friend. The entire fraudulent monetary system of the privately owned federal reserve is imploding. This is a good thing, but food and water for your family is about to be your only real concern. Obama is only a puppet and cannot help anyone.

[lowruna]

To be honest, it doesn't matter who was gonne be selected and who is selected now the world wide financial crysis can't be solved with known methods... (X)

[sweetbilly]

So in other words Obama is saying "sorry the economy is fucked, It's all Bush's fault again, I'm just the dumb nigger you elected based on lies and bullshit to fix it what do you expect me to do??" I "hope" someone assassinates this dirty nigger mother fucker and we get a regime "Change"!! Where the fuck is Osama bin laden when you really need him???? Obama = 4 more years of Clinton.

[sweetbilly]

At least Bush acted instead of stand there like a ignorant porch monkey and repeat what we already fucking know. People are going to get tired of your fucking "it's beyond my pay grade" excuses Obama, if you're too dumb to handle this situation get the fuck out of the way and let those who do know what to do deal with it. You are a curse on this nation you god damn black son of a bitch!!

[sweetbilly]

"Duh, Duh, Duh my name's Obama and I'm sorry America I know I'm prez now but you're gonna be dead broke soon and there's nothing i can do to help. But look, here's the good news, you can get nutrients from sucking on rocks like they did in the thirties, here let me illustrate for you". DoH! I HATE THIS CORRUPT HALF MONKEY BASTARD!! God curse this country for electing this son of a white trash whore!! treasure it America, you ignorant bastards earned what's coming!!!

[AlSween]

you must be slow

[kurtzrepublican]

Well the fact is, Obama's approach on this is wronge. We don't need government intervention because they are the ones who got us in this mess. We need laissez faire and let the free market run their course. Printing off money only puts us in further debt, puts the dollar closer to 0, and will ultimately cause inflation. We need to embrace a recession b/c it will force us to start producing again. Spending and borrowing got ourselves into this mess. Spending and borrowing won't get us out.

[kurtzrepublican]

You say "At least Bush acted" but that is exactly what went wrong. Not only did he betray conservative principle by increasing government power, but he is probably going to be the start of most government interfered market in history. Bush is by no means a conservative and you seem to be only sticking up for him because he labels himself "Republican". Your arguements are not only naive but they are also wrong morally. I hate Obama but I would never wish him dead.

[sweetbilly]

I didn't say Bush acted correctly, i just said he acted instead of telling people how fucked they are and how he couldn't do anything to change it. How fucking stupid can a president be to tell America "your economy is fucked but invest in it anyway it's the only way we can save it" DoH!@ Even Forrest Gump understood stupid is as stupid does. Dead, retire, quit, assassinated I don't give a shit how he does it but he needs to get the fuck out of office NOW.

[sweetbilly]

This stupid lying ghetto nigger got into office painting McCain as another four years of the Bush admin and here he is DOING EXACTLY WHAT BUSH WAS DOING! What happened to change and hope America? The only change you're gonna see is the change in the amount of taxation and the change in your paycheck, four more years of Bush would have been a fucking blessing, at least it's better than standing in a soup line so some dirty nigger could call himself the first nigger president.

[sweetbilly]

Obama told you morons exactly what you wanted to hear and you bought it HOOK LINE AND SINKER!!! Suckerz!! You're ignorant hatred of a good president, Bush, has brought this upon you!! You deserve this America, suffer under your new commie leader!! When you are eating out of garbage cans and sleeping in card board boxes you'll finally understand that you don't kill babies, empower fagots or worship Allah.

[kurtzrepublican]

Yeah, but doing nothing is the cure. We have to embrace the recession because it will force us to produce and save again. Government is not the answer(contraire to what he says later in this speach). Government was the cause of this issue along with borrowing and spending. Government,spending, and borrowing won't get us out. Obama will worsen this problem however with more intervention. Our dollar is going to be nothing when he is done and we will suffocate in our own inflation.

[chucknorris687]

O'Well there is always the option of suicide... XDXDXDXDXDXDXDXD:(

[sevla4]

Wheres the optimism Mr Barry? He sounds like he's throwing in the towel already.

SHOW SOME STONES MAN!!!

[Tigerpoi51]

The Economy is going off the cliff and into a free fall and nothing can stop it. Obama knows this and is preparing us.

[averageworkinggal]

Obama is the one who just doesn't get it.

Obama thinks the New Deal worked in the 1930s and wants to repeat it, when in fact it was the New Deal that made the 1930s Depression great and delayed the recovery for years with anti-capitalist obstructions.

The successful formula for recovery from Depression up until the 1930s had been cut taxes to revive the economy and cut govt spending along with it. Govt size always should be a function of economic size.

[jizzmonger]

Got any facts to support your opinion?

[grueman1]

He's going to be your president.

[truefaith00]

You know what makes me angry. This guy runs his freaking campaign claiming to have a plan to fix our economy and people bought it hook, line, and sinker. And now that he has been elected, he issues a dire warning. What the hell happened to the plan? Pretty sad when even Obama don't have faith in his own plan. If he did he wouldn't be issuing his dire warning. Guess it was another opportunity for him to be in front of the mic.

[gungagin]

He can only do so much. Poor guy hasn't even been inaugurated yet and you're slamming him. Not cool.

[ZoomBFX]

Yes but heres the thing

He acting like hes the president, hes not the president until Jan 20th.

[NCMSET]

fuck you, go choke on some bush balls. W isn't doing piss.

[AlSween]

it's more realistic than acting as if obama is christ. i think people should take what obama says more literal and stop going optimistic or pessimistic.

[gungagin]

One difference-Obama is a real person. The jury is still out on J.C.

[AlSween]

Jesus was a real person. That's why he's in the encyclopedia. Whether you believe he is the messiah or not is the question. People seem to not understand that.

[gungagin]

So is Homer Simpson...

[AlSween]

It's a scientific fact that Jesus existed. History channel doesn't waste time talking about mythology. Now you may not believe he performed miracles. That's your right but he did exist.

[gungagin]

Your point was that people are treating Obama like he is Christ. Since Christ was a real person ( so sayeth your dictionary) Obama is being treated like a real person.

Now, if you mean Christ as in the mythological dude who rose from the dead and such, I agree that Obama cannot raise the dead. I've heard he can do the five loaves and two fish trick tho...

[AlSween]

that was witty

[magichandpuppet]

Isn't Zeus in the encyclopedia too?

[kjb86]

so if i create an auto company, which produces inferior quality vehicles, and people stop buying, i can get billions of dollars and not have to report where that money goes??? Hmm...think i might try to start that company then......

[xlioilx]

socialism doesn't sound so bad, where's my slice of the bailout pie?

[himmaggin]

I heard that. When you get yours, let's go buy some stock from Bernie Madoff and commit a bunch of crimes so Bush can pardon us.