you will find a bloody body in your closet hanging there haunting you and will kill you and ur family and if u want to stop this just sends this to 6 videos in 30 mins
If there is no valid comparison and it is a fact (other than your unsubstantiated opinion), why don't you educate us all in one way that the two situations are not comparable?
And please, I never suggested that you had a liberal bias. Your lack of evidence while insisting something is factual is not indicative of a liberal bias. And as to holding your position, I suspect that you are a closeminded, equal opportunity blowhard. Kudos.
On policies of total borrowed funding, Obama is fast learning our own privately held accounts, as well as the world. is not buying into his BS spending policy's that the educated know are doomed to failure based on history alone. Mkts crash, and Obama crashes with them. I can go a few years without making one penny on my limited wealth, and that is the mindset of most as evidenced by the freefall of the mkts in Obama's first 50 days.
Obama may be a liberal thriller, but he's also a stock market killer. His new spending proposals, his plans for a trillion dollar tax hike, his badmouthing of the economy, his tinkering with banks and housing market have caused the stock market to go into a freefall. Stocks would have likely dropped anyway because of the economic crunch we're in, but the market wouldn't have already reached the lowest level since 1997 without lots of help from Obama.
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 37% of the nations voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-one percent (31%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +6, his lowest rating to date. The market started falling when obama pulled ahead of Clinton in the primaries. Stop drinking your kool-aid and wake up!
Riverman, you have a good statistical point there about Obama pulling ahead of Clinton in the polls just as the market dropped. You might also find interesting the fact that the lack of pirates on the planet is the cause of global warming. Don't believe me? Google "FSM", go to the first thing that comes up (church of the flying spaghetti monster), and check out the chart on the front page. Proof!!
Obama pushed the Stimuluas package that was written by Pelosi that he never read and no Democrat read other than Pelosi and her far leftist hacks. He pushed the Housing spending measure that awards people that did not pay their mortage and punishes those of us who did. He is now pushing this budget that has 9000 earmarks and trillions more spending when he promised during the Campaign of" No Earmarks ". At what point will people who voted for Obama realize they made a terrible mistake.
It's easy to say what would have happened when that isn't what happened.
In case you didn't know, the economic crisis isn't just in America. We spread the crisis all throughout the globe, so if we did nothing, it would get worse globally.
i love how since obama has been elected all weve been hearing about from the right is how great reagan was. reagan really didnt do sh!t during his years (some ppl wanna credit him for tthe end of the cold war but the soviet union did it to itself)
I mean, we have to ask, when is enough enough?? How much spending is enough for Washington?? These idiot Congressmen think they can just keep borrowing and printing til the cows come home, and everything will be a-ok. It won't! Sooner or later, this will catch up to us.
Just imagine in a few decades when we hit $50 Trillion in national debt. Pile that on top of a $50 Trillion fiscal gap. If consumers have to cut spending, shouldn't gov't as well? I'm sick of the double standard.
David Brooks is a poor excuse for a Republican. Does this guy support all of Obama's spending or what?? Weeks ago he said "I don't support the stimulus", but now he's opposing every plan by the GOP to actually rein in spending. Hello! Mr. Brooks, if you opposed the stimulus, thus believing spending won't save the economy, why the hell would a spending freeze matter?? I think it'd be great, keeping money in the hands of ordinary people and businessmen to revive the econ.
Businesses, consumers, etc. have to cut spending and reduce costs when they're facing hard financial times, but the gov't can just do whatever the fuck it wants. It's disgusting. And it's all b/c they have the legal power. They're the ones in charge, so they think they're immune to standards of common sense and decency.
Stop fucking spending! Get rid of these goddamn earmarks! Hell, I'd work to get an anti-earmark amendment to the Constitution passed to stop this nonsense.
"Zombie banks" just says the speaker can only IMAGINE a nationalized bank being like a zombie if run by placid government bureaucrats vs. cocaine-snorting yuppies... much the same as Bush/Cheney/Rumsfeld/Wolfowitz IMAGINED "privatizing" government functions would create efficiency. It only gave away low-paid government jobs to corporations, who hired former government employees to do the work at slightly higher pay & vastly fewer benefits. Just a shell-game to bamboozle taxpayers.
Ah I see they brought out all the Keynesian cheer squad of mistaken policies of the past. With a smattering of "fail" thrown in to muddle the "discussion".
Not once did anyone of them point the finger of blame where it needs to be pointed - the Federal Reserve and our government's monopoly on money.
Open the market to free-market soundly backed money and watch the "notes" from NY and DC die.
Why are the republicans so retarded. Let the banks fail like the Japanese???? WTF they came out of their recession by not letting their banks fail. Idiots!
shows what would have happened if McOld would have gotten elected he would have just let it all fail....
Very good point, I agree completely. I don't agree with David Brooks all the time, but he's the most honest conservative commentator. He's a staunch conservative, but he doesn't let his beliefs obscure his view of the road ahead.
I see the GOP just going further right at this point. I don't understand what seems like a mass delusion on their part.
False analogy. The world economy is not the same as my personal finances. There are just enough similarities to make the analogy resonate with people, but it's a false analogy.
Apparently King didn't get the memo that he was talking to a policy wonk, and not a politician. I'm pretty sure he didn't expect Orszag to have an answer when he asked "what sacrifices/compromises have YOU made in this spending bill?" I think he expected to get another load of diversionary rhetoric.
True. The idea of a "spending freeze" is insane. We need more spending to get out of this mess. And blaming earmarks, which are less than 1% of the budget, as a reason to not get things done is even more ridiculous.
I'm starting to think Republicans want things to get worse just so they can blame Obama and the Democrats in the 2010 elections. Country first, my ass!
Amen, that is exactly what they are doing. And their constituents are listening to them. They hate Obama, have no confidence in him, and want him to fail, so they are spreading panic and falsehoods. They have not changed their message one iota since that squawking horrific Palin stood up there and said Obama pals around with Terrorists.
Please don't even suggest or joke about another gov't package or bailout.
The Fed cannot keep printing money we will get hyper-inflation and destroy the dollar. Do not nationalism banks socialism always leads to communism People study history.
Actually, the bailouts we've had so far aren't nearly enough. More is needed, but the public (and grandstanding politicians) won't swallow the entire amount at once, so it needs to be done in parts.
And it is not socialism, don't believe the hype. Study history. We did the same thing after the S&L scandal in the 90's. Temporary nationalization, until we got things cleaned up and sold off toxic assets. Things worked out fine, we just didn't have all the fake political outrage.
I saw Chuck Schumer talking about that on one of the Sunday shows. I don't completely agree with you because I believe this will set a terrible precedent. If we prop up all of these "to big to fail" companies then what is going to stop them from taking the same risks in the future just to get an extra dollar. I believe that every industry should go through the stress test thing that Obama is doing with the banks to see what is actually worth saving.
"If we prop up all of these "to big to fail" companies then what is going to stop them from taking the same risks in the future just to get an extra dollar"
How about a little government regulation and oversight of the financial industry, for a change? The failure of ONE large financial firm (Lehman Brothers) in September started a 2000 point decline in the DJI. If we allow AIG to collapse, it will be 1929 all over again.
Have you ever heard of a Government Sponsored Enterprise, our government already practices socialism. Anyone who lives in America and says that we don't have elements of socialism don't know history. Our government owns stakes in banks, mortgage companies and we subsidize just about any industry that exists in some form or fashion. We don't have a complete capitalist system, our government has consistently walked a thin line without falling too far to one one side.
"The Fed cannot keep printing money we will get hyper-inflation and destroy the dollar."
The inflation rate is currently at less than one percent. You only get hyper inflation when the government prints massive amounts of fiat currency during a supply shortage. Current inventories are overstocked. There is no shortage of things to buy.
Please, this is NOT 1923 Weimar republican Germany!
you will find a bloody body in your closet hanging there haunting you and will kill you and ur family and if u want to stop this just sends this to 6 videos in 30 mins
moneshaduh 2 years ago
I know it is very easy to point the finger, certainly.
incrowdcynic 2 years ago
baseball metaphor fail!
gangreneday 2 years ago
A closed bank is not an OWNED Bank. Sell off the assets and it is RIP. Dead. Gone. NO ASSETS. NO OWNERS.
Feds regulate banks to death as it is.
When the Feds OWN a Bank that is Nationalization.
FreeAgain2 2 years ago
They will bring order out of chaos!!!
watch what your government does next people
!!!
taximack 2 years ago
This has been flagged as spam show
USA COUNTRY OF LOSERS
midniteKnite 2 years ago
USA COUNTY OF LOSERS
midniteKnite 2 years ago
Cantor is a little dickweed
dejahthoris 2 years ago
OK, banks should fail. How do they plan to protect the regular people like Joe the Plumber and Joe six pack who have money in those banks?
hiriumi 2 years ago
Ever hear of the FDIC?
igd93 2 years ago
what they really mean is....
LET THE BANKSTERS COUNT THEIR MONEY FIRST, AND THEN THEY WILL DECIDE IF THEY WANT MORE.
the sheeple are being robbed right before their eyes and they dont even know it!
dont worry, it will all come out in the wash.
the NEW WORLD ORDER will leave no stone unturned.
REVOLUTION IS SOMETIMES NECESSARY FOR FREEDOM TO SURVIVE.
"The tree of liberty must be refreshed from time to time with the blood of patriotsand tyrants-THOMAS JEFFERSON
halodayz02 2 years ago
Republicans should shut up and get out of the way.
Richardgwm 2 years ago
Yes they should!
ver506 2 years ago
They had their chance and they broke the world. Now they are doing their best to create panic in their base so that the Obama admin will fail.
dejahthoris 2 years ago 2
we are NOT going down the same road as japan. Sen. Shelby needs to become better educated before he says stuff like that.
cobmojo 2 years ago
Just keep saying it, brotherman, and it just might become the truth and we can all ignore reality, facts, and other liberal stuff.
annarboriter 2 years ago
I didn't mean my comment as some sort of affirmation. The simple fact is that the case of Japan and U.S. in very different ways.
I hear people equally on the left and the right compare us to japan in the 1990' and it is just a false comparison in so many ways.
By the way, I didn't say that out of some liberal bias a you suggested. I old my position regardless of which side espouses it.
cobmojo 2 years ago
Your comment is not "some sort of affirmation"?
If there is no valid comparison and it is a fact (other than your unsubstantiated opinion), why don't you educate us all in one way that the two situations are not comparable?
And please, I never suggested that you had a liberal bias. Your lack of evidence while insisting something is factual is not indicative of a liberal bias. And as to holding your position, I suspect that you are a closeminded, equal opportunity blowhard. Kudos.
annarboriter 2 years ago
On policies of total borrowed funding, Obama is fast learning our own privately held accounts, as well as the world. is not buying into his BS spending policy's that the educated know are doomed to failure based on history alone. Mkts crash, and Obama crashes with them. I can go a few years without making one penny on my limited wealth, and that is the mindset of most as evidenced by the freefall of the mkts in Obama's first 50 days.
WildRiverman 2 years ago
"and that is the mindset of most as evidenced by the freefall of the mkts in Obama's first 50 days. "
If he was actually being blamed for the markets, his approval ratings wouldn't be higher than Reagan's.
flang 2 years ago
republicans don't get it...
ver506 2 years ago
Obama may be a liberal thriller, but he's also a stock market killer. His new spending proposals, his plans for a trillion dollar tax hike, his badmouthing of the economy, his tinkering with banks and housing market have caused the stock market to go into a freefall. Stocks would have likely dropped anyway because of the economic crunch we're in, but the market wouldn't have already reached the lowest level since 1997 without lots of help from Obama.
WildRiverman 2 years ago
Riiiight, because the market wasn't already in freefall under Bush. Give it a rest.
zapponsalvia 2 years ago
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 37% of the nations voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-one percent (31%) now Strongly Disapprove giving Obama a Presidential Approval Index rating of +6, his lowest rating to date. The market started falling when obama pulled ahead of Clinton in the primaries. Stop drinking your kool-aid and wake up!
WildRiverman 2 years ago
"The market started falling when obama pulled ahead of Clinton in the primaries. Stop drinking your kool-aid and wake up! "
The market fell when Bush proposed TARP
get over yourself, talk about drinking the kool-aid
flang 2 years ago
BWAHAHAHAHAHAHAHA!!!!!!!!!
ver506 2 years ago
Riverman, you have a good statistical point there about Obama pulling ahead of Clinton in the polls just as the market dropped. You might also find interesting the fact that the lack of pirates on the planet is the cause of global warming. Don't believe me? Google "FSM", go to the first thing that comes up (church of the flying spaghetti monster), and check out the chart on the front page. Proof!!
At least do it for a laugh :)
zapponsalvia 2 years ago
Obama pushed the Stimuluas package that was written by Pelosi that he never read and no Democrat read other than Pelosi and her far leftist hacks. He pushed the Housing spending measure that awards people that did not pay their mortage and punishes those of us who did. He is now pushing this budget that has 9000 earmarks and trillions more spending when he promised during the Campaign of" No Earmarks ". At what point will people who voted for Obama realize they made a terrible mistake.
WildRiverman 2 years ago
What 9000?!?
zapponsalvia 2 years ago
It's easy to say what would have happened when that isn't what happened.
In case you didn't know, the economic crisis isn't just in America. We spread the crisis all throughout the globe, so if we did nothing, it would get worse globally.
Congratulations on not knowing anything though.
flang 2 years ago
Zombie banks, Zombie car manufacturers, Zombie Obama followers...
America's becoming the land of Zombies!
TedinLasVegas 2 years ago
...brains!...
HateNeverCeasesHate 2 years ago
"Zombie banks, Zombie car manufacturers"
Because Obama was the one that started the bailouts right? OH WAIT...
flang 2 years ago
Orzag sounds like his voice hasn't broke yet.
TomStrong08 2 years ago
you gotta love david brooks at the end.
it's sad, really...the total intellectual collapse of the Republican party.
pa6xylly 2 years ago
Holy crap did I live to hear David Brooks say it's time to move on from Reagan?
Wow. I didn't see that coming.
It's certainly going to be fun continuing to watch the barnacles jump from the hull of the Republicans' sinking ship. Fun, indeed.
baseballnolie34 2 years ago
i love how since obama has been elected all weve been hearing about from the right is how great reagan was. reagan really didnt do sh!t during his years (some ppl wanna credit him for tthe end of the cold war but the soviet union did it to itself)
jarmtx 2 years ago 3
"Reagan was great for his era but now it's time to move on" to.....
RON PAUL!
gsuitter 2 years ago
Republicans are Herbert Hoovers. They have not learned from the last great depression.
copcorona 2 years ago
does anyone else think that John Boehner looks similar to J.K. Simmons?
boundless1986 2 years ago
Surprise ending! Brooks is a very insightful man.
plumbine 2 years ago
I mean, we have to ask, when is enough enough?? How much spending is enough for Washington?? These idiot Congressmen think they can just keep borrowing and printing til the cows come home, and everything will be a-ok. It won't! Sooner or later, this will catch up to us.
Just imagine in a few decades when we hit $50 Trillion in national debt. Pile that on top of a $50 Trillion fiscal gap. If consumers have to cut spending, shouldn't gov't as well? I'm sick of the double standard.
whoo689 2 years ago
David Brooks is a poor excuse for a Republican. Does this guy support all of Obama's spending or what?? Weeks ago he said "I don't support the stimulus", but now he's opposing every plan by the GOP to actually rein in spending. Hello! Mr. Brooks, if you opposed the stimulus, thus believing spending won't save the economy, why the hell would a spending freeze matter?? I think it'd be great, keeping money in the hands of ordinary people and businessmen to revive the econ.
whoo689 2 years ago
Businesses, consumers, etc. have to cut spending and reduce costs when they're facing hard financial times, but the gov't can just do whatever the fuck it wants. It's disgusting. And it's all b/c they have the legal power. They're the ones in charge, so they think they're immune to standards of common sense and decency.
Stop fucking spending! Get rid of these goddamn earmarks! Hell, I'd work to get an anti-earmark amendment to the Constitution passed to stop this nonsense.
whoo689 2 years ago
Money in business men's hands are not the problem at ALL.
SquallCloud 2 years ago
change the game give the money to the AMERICAN WORKERS
anyone making under 150k get 25k each
marniespeaks 2 years ago
"Zombie banks" just says the speaker can only IMAGINE a nationalized bank being like a zombie if run by placid government bureaucrats vs. cocaine-snorting yuppies... much the same as Bush/Cheney/Rumsfeld/Wolfowitz IMAGINED "privatizing" government functions would create efficiency. It only gave away low-paid government jobs to corporations, who hired former government employees to do the work at slightly higher pay & vastly fewer benefits. Just a shell-game to bamboozle taxpayers.
voyeurdug 2 years ago 2
Ah I see they brought out all the Keynesian cheer squad of mistaken policies of the past. With a smattering of "fail" thrown in to muddle the "discussion".
Not once did anyone of them point the finger of blame where it needs to be pointed - the Federal Reserve and our government's monopoly on money.
Open the market to free-market soundly backed money and watch the "notes" from NY and DC die.
Alderon714 2 years ago
Why are the republicans so retarded. Let the banks fail like the Japanese???? WTF they came out of their recession by not letting their banks fail. Idiots!
shows what would have happened if McOld would have gotten elected he would have just let it all fail....
xlioilx 2 years ago 3
mccain would be doing the same thing obama is doing. mccain is just playing the game.
1samothrace77 2 years ago 5
Earmarks?! There are no earmarks in baseball!
PharaohNineD 2 years ago
Orszag is an idiot. Where the fuck did the Obama admin. find this moron?
iwillspyonyou 2 years ago
Eric Cantor is lying they DID change the bill what is he talking about
3star2nr 2 years ago 3
More diversion. Hell, the guys don't even know how good at it they are. Well, some of them do. ;-)
BayAreaLen 2 years ago
They need to make Brooks the head of the GOP if they want a real future...
taylor8407 2 years ago 2
Very good point, I agree completely. I don't agree with David Brooks all the time, but he's the most honest conservative commentator. He's a staunch conservative, but he doesn't let his beliefs obscure his view of the road ahead.
I see the GOP just going further right at this point. I don't understand what seems like a mass delusion on their part.
Bunnicula71 2 years ago
If you were $300,000 in debt, and you didn't have any money, would you freeze your spending or keep spending money?
MooseOfReason 2 years ago
False analogy. The world economy is not the same as my personal finances. There are just enough similarities to make the analogy resonate with people, but it's a false analogy.
OlivierdeAthos 2 years ago 3
these guys are schooled in talking smack while having no clue what's going on.. good job Harvard!
WhoRonPaul 2 years ago 2
Apparently King didn't get the memo that he was talking to a policy wonk, and not a politician. I'm pretty sure he didn't expect Orszag to have an answer when he asked "what sacrifices/compromises have YOU made in this spending bill?" I think he expected to get another load of diversionary rhetoric.
OlivierdeAthos 2 years ago
In all fairness to the interview it was very good to point that out.
WhoRonPaul 2 years ago
Note the sound bites: "Nationalize, nationalize, Spending, Spending, Pork barrel, fail fail "
These people are pathetic, let Obama try, if he fails we'll know soon enough.
carrierexchange 2 years ago
FUCK baseball analogies!
matman125 2 years ago 2
I couldn't have said it better myself.
triluv 2 years ago
Oh my god, Brooks is making sense!
fishhead06 2 years ago 2
Brooks has been making sense for a while; he is so far ahead of the rest of the GOP.
leftofcollegestation 2 years ago
lol things are just that bad..
WhoRonPaul 2 years ago
economics 101
if you cut government spending in a recession then the recession is going to get much worse
JJarv213 2 years ago 3
True. The idea of a "spending freeze" is insane. We need more spending to get out of this mess. And blaming earmarks, which are less than 1% of the budget, as a reason to not get things done is even more ridiculous.
I'm starting to think Republicans want things to get worse just so they can blame Obama and the Democrats in the 2010 elections. Country first, my ass!
RealCaptainAmerica 2 years ago 3
Amen, that is exactly what they are doing. And their constituents are listening to them. They hate Obama, have no confidence in him, and want him to fail, so they are spreading panic and falsehoods. They have not changed their message one iota since that squawking horrific Palin stood up there and said Obama pals around with Terrorists.
dejahthoris 2 years ago
JJarv213, Where did you learn that?
MooseOfReason 2 years ago
Please don't even suggest or joke about another gov't package or bailout.
The Fed cannot keep printing money we will get hyper-inflation and destroy the dollar. Do not nationalism banks socialism always leads to communism People study history.
laurieannek 2 years ago
Actually, the bailouts we've had so far aren't nearly enough. More is needed, but the public (and grandstanding politicians) won't swallow the entire amount at once, so it needs to be done in parts.
And it is not socialism, don't believe the hype. Study history. We did the same thing after the S&L scandal in the 90's. Temporary nationalization, until we got things cleaned up and sold off toxic assets. Things worked out fine, we just didn't have all the fake political outrage.
RealCaptainAmerica 2 years ago
I saw Chuck Schumer talking about that on one of the Sunday shows. I don't completely agree with you because I believe this will set a terrible precedent. If we prop up all of these "to big to fail" companies then what is going to stop them from taking the same risks in the future just to get an extra dollar. I believe that every industry should go through the stress test thing that Obama is doing with the banks to see what is actually worth saving.
terrence0258 2 years ago
"If we prop up all of these "to big to fail" companies then what is going to stop them from taking the same risks in the future just to get an extra dollar"
How about a little government regulation and oversight of the financial industry, for a change? The failure of ONE large financial firm (Lehman Brothers) in September started a 2000 point decline in the DJI. If we allow AIG to collapse, it will be 1929 all over again.
OlivierdeAthos 2 years ago
The obvious answer is to immediately break AIG up. if it's too big to fail, it's too big.
KataVideo 2 years ago
Have you ever heard of a Government Sponsored Enterprise, our government already practices socialism. Anyone who lives in America and says that we don't have elements of socialism don't know history. Our government owns stakes in banks, mortgage companies and we subsidize just about any industry that exists in some form or fashion. We don't have a complete capitalist system, our government has consistently walked a thin line without falling too far to one one side.
terrence0258 2 years ago
"The Fed cannot keep printing money we will get hyper-inflation and destroy the dollar."
The inflation rate is currently at less than one percent. You only get hyper inflation when the government prints massive amounts of fiat currency during a supply shortage. Current inventories are overstocked. There is no shortage of things to buy.
Please, this is NOT 1923 Weimar republican Germany!
OlivierdeAthos 2 years ago 2