All you you morons crying about Obama please know it was you failure as Americans (voting for Bush) that triggered this. Now you stupid fucks cry and want to blame the black man in the White House. I you really want to find the source of the problem - find a mirror.
I Truly can't stand this piece of filth, what a joke that nobama truly is, he's another example just like the rest of the NWO Globalists, disgraceful.
Had he done nothing, you would still have complained. Your opinion would be more valid if there was actually a scenario in which you would be pleased.
I think if he (and Bush) had done nothing it would have been better. No bail out off GM no bail out of banks. Let bad companies go under and have well run companies pick up the remains. But instead he has goneon a spending and borrowing spree. There is a reason many small companies can't borrow. The government has crowded them out of loadable funds market.. We would be out of this mess by now if the government had not made things worse
Housing problem are not mortgage bubbles. There is no foreclosure caused any banks collapsed. Bankers and financial giants mingled the debt derivatives and sub-prime rates for blackmailings each other that triggered last tsunami, credit crunching and encouragement bonus for failing customers. When people focused on blackmailing each other, the uncertainties don't motivate productivity or services.
Monopoly private/govt craps are dividing people. Listen, money is an abstract and psychology. Money is not the real stuffs that you have to put in physical efforts to create. If we keep paying people for their efforts with those useless money that will never be enough for livings, people will be encouraged to work and stay in the giant corporations for not to produce the real things we all need. This market doesn't need protections before we have real production. It is our reality.
Obama is a Dumb Ass. A Manager in a McDonalds has more Business Experience than He does. Why doesn't anyone ask Him how much business experience does He have?
Or why is he creating Record Breaking Deficits? Or ask him to cut Government spending? There is a reason His Presidential rating are at a record low. JR does not know what he is doing, He is WAY over His head. And the worst thing is I voted for Him but Ive come to realize I voted for someone with NO experience. Sorry MOM!
When will people know that the government cannot create real jobs! Those are born in a market place. Are we going to have people researching ways to cook cabbage like FDR did? TARP cost less because the Fed added zero's to members accts, then they paid them back in REAL MONEY! This is the biggest fraud of our times!
No job is allowed to stay in the U.S. unless it pays the lowest wage on earth. Thats just how it is. The president of the U.S.A. doesn't work for the U.S.A.. He works for the evil global capitalists and world bankers. Only a moron couldnt figure that out. At this point, the country is so corrupted that it cant be fixed. This evil puppet Obama actually believes what he says.
What are you talking about? Business ships jobs overseas because they can't afford to pay American's what they think they deserve. This isn't capitalism, this is corporatism.
We can get out of this. Allow currencies to compete and get rid of labor laws.
The housing bubble was created by dems in congress when they forced banks to give loans to poor folks who had zero chance of paying 'em back. These same buffoons in congress are still at it, only they're using health care as their tool to destroy freedom and create a sociaist government. Dems need to smacked upside the head and booted out without any future pay! In fact, make pay back all they've taken while screwing the public! Everything was good until dems took over congress in '07.
Hey everyone, go out and spend all your money to help save the economy like Oblama is doing with our taxes. When we're all broke, the fed will gladly print up some more for us, right? Remember, everyone could get a house too, from Blarney Fwank and Chwis Dodd.
Oblama and dems are literally insane.... Impeach those bastards now!
Those thinking about long-term recovery, know the enviroment will be a big winner in the conversion to biofuels & biopower -- saw a cool site; Balkingpoints ; incredible satellite view of earth
BUSH didnt back Fannie Mae and Freddie Mac low liquidity levels like OBAMA did side-by-side with Acorn.
Obama, you dont TAX more... and expect to just ASK businesses to make more jobs. This is called REAL WORLD CAPITALISM. You're theoretical koom-ba-ya Socialism DOES NOT WORK!
TAX less, give up on the healthcare (for now) and ALLOW the Economy to fix itself!!
OBAMA you cannot fix it, you can only get in the way, as you are doing now. AND THAT ISNT THE REPUBLICANS FAULT!
Never has any President told More Lies in One Speech. ANOTHER RECORD Obama sets. UNBELIEVABLE. He's like a crying little kid, continuing to blame Bush every time he wants to distract Americans attention from this shitty economy in hopes it will make him shine just a little. This is such a pathetic embarrasing time for the United States, I feel sorry my kids have to put up with this and pray something is left after Obama finishes his teardown of the USA
Seems that way. We'll probably get a new czar for this as well that way Obama can subvert the constitution while claiming he didn't know what his appointee was doing.
This guy just keeps blaming the prior administration but quadrupled the deficit. When he had an opportunity to bail out the bank that catered to small business he let them go under leave a great hole in small business financing. Everyone knows he has done as much if not more than any other administration to destroy this economy. His administration castrated small business access to funds and everyone know that small business creates the bulk of the jobs in the US.
Third time typing this, must be Youtube watches my responses.
Puppet Obama is not at fault for our Economic Depression. The US Federal Reserve Bank is at fault for creating the S&L, Dot Com, & Housing Bubbles by excessive M3 growth that does not match the rate of GDP growth. The Fed has a monopolistic control over M3 (aggregate money supply), Sub-prime Interest rates, & reserve currency of banks. The Fed artificially controls the US Economy and Government Spending.
Uhm... that's a really stupid statement. How can you say that no racists exist in the Republican party? Have you asked them all? I think you're viewing the Left and the Right with a distorted perspective. You should probably calm down and re-evaluate how you view things.
Plus, my father is a Republican and has always been just like my grandfather... and they're both racist.
Not everything is about racism in fact Obama has proven to me that politicians have no skin color or religious belief system. Other than the religion of getting reelected or snatching power!
Right on! A moral politician is a rare thing and probably doesn't exist. I find it funny and sad how people root and cheer for politicians. People should be wary of politicians and CEOs. People in power should not be trusted absolutely.
I think everyone who votes party line should be allowed to but they should receive a shock from the voting machine! With a little negative enforcement everyone might start using their brain on election day eventually.
How can we make banker's money useless? All you have to do is to turn around anything involve ownership and directly competing with them. Just sell all liabilities related to banks faster than they can cope with with your foreign partners using credit default swap. When they want to track us, we can emulate the process to track them as well. If they give up tracking, they have no business capability and we can replace them.
Bankers must be robbed when they drain ours or other people's local resources and efforts everywhere. If they ignore local resource development and evolve their infrastructures locally, we don't need them to count anybody's money.
We have no choice but employ new tactic on business developments. If we don't build, we promote no production and consume imports only. We need competitive local productions development first before we can have competive local productions. New sport goods, clothings, machine parts and components, medicine ... we need a lot of new concepts for life styles and jobs.
Tipped by our investment bankers, most private industries or monopolies put their development capitals oversea now-a-day. I don't care those private/government old craps.
Listening to all these jackasses in the right wing ball about Obama is like listening to a day care full of grouchy toddlers when it's nap time. President Obama is one of the greatest Presidents we've ever had. The racists in the right can fuck off and die.
Obama is the worst president of all time,and when are you ignorant liberals going to learn that you can dislike someone for what they do,not for the color of their skin.If Mcain was president doing the same things as Obama,I would dislike him too.And most people had to listen to your whining for the past 8 years,so expect to hear some back jackass.
Fantastic balanced report by CBS. The numbers are certainly staggering, but paying down the debt in the middle of a recession would only hurt the economy by decreasing services at a time when millions of Americans are unemployed. I applaud President Obama's efforts to boost small business loans and infrastructure spending. While the jobs may be temporary, they are indeed jobs and the services will serve to improve our dilapidated infrastructure. We need more foreign investment!
Since the money was borrowed, wouldn't it be more intelligent to pay back the loan with the excess money?
It's not as though he's creating manufacturing jobs that will last long-term. Hell I can install windows myself meaning the tax credit for making homes more energy efficient wouldnt even create any work there, just save me some money.
Bad planning, pay down some of the debt for when/if healthcare passes and the bill comes in.
All you you morons crying about Obama please know it was you failure as Americans (voting for Bush) that triggered this. Now you stupid fucks cry and want to blame the black man in the White House. I you really want to find the source of the problem - find a mirror.
BlameRepublicans 2 years ago
Because both of them are NWO globalist and just because nobama is black does not mean he is a good president either, he is bush ther 3rd.
jmjfanss 2 years ago
You Aryan Brotherhood mooks are goofy.
BlameRepublicans 2 years ago
I Truly can't stand this piece of filth, what a joke that nobama truly is, he's another example just like the rest of the NWO Globalists, disgraceful.
jmjfanss 2 years ago
KKK go away we don't want to hear your bullshit today.
BlameRepublicans 2 years ago
Keeping spending to get out of debt and create jobs? Keep spending to lower spending?
I'd guess at this point even intelligent lefties are scratching their heads over the terrible mistakes being made by Obama and Friends.
Hoax and Change - This guy is a liar and a thief. Worse than any corporate criminal.
Orchard6773 2 years ago
Wow a whining cunt right wing racist. THat's new.
BlameRepublicans 2 years ago
@BlameRepublicans The only cunt here is you!!!
politicman1 1 year ago
guess you didnt go to college. Look up "the new deal".
baker98745 2 years ago
Oh paleeeeze! Does Obama think all Americans are like the Acorn, Organizing for Socialist America types he used to hang out with? I don't think so.
phibes2 2 years ago
Comment removed
JckMun 2 years ago
Had he done nothing, you would still have complained. Your opinion would be more valid if there was actually a scenario in which you would be pleased.
JckMun 2 years ago 2
I think if he (and Bush) had done nothing it would have been better. No bail out off GM no bail out of banks. Let bad companies go under and have well run companies pick up the remains. But instead he has goneon a spending and borrowing spree. There is a reason many small companies can't borrow. The government has crowded them out of loadable funds market.. We would be out of this mess by now if the government had not made things worse
stanleythughes 2 years ago
His skin color would still be the probelm to them.
BlameRepublicans 2 years ago
Housing problem are not mortgage bubbles. There is no foreclosure caused any banks collapsed. Bankers and financial giants mingled the debt derivatives and sub-prime rates for blackmailings each other that triggered last tsunami, credit crunching and encouragement bonus for failing customers. When people focused on blackmailing each other, the uncertainties don't motivate productivity or services.
beancube2008 2 years ago
All good ideas will be hated, all terrible ideas will be tolerated, all stupid/insane ideas will be passed through congress.
Meejoe27 2 years ago
obama is a piece of shit!!
Impeach that bastard!!!
THISISZION42303 2 years ago
Monopoly private/govt craps are dividing people. Listen, money is an abstract and psychology. Money is not the real stuffs that you have to put in physical efforts to create. If we keep paying people for their efforts with those useless money that will never be enough for livings, people will be encouraged to work and stay in the giant corporations for not to produce the real things we all need. This market doesn't need protections before we have real production. It is our reality.
beancube2008 2 years ago
I AM SAVING A $ 1000 i take in from my credit card and put it in my saving account MAN AM I SMART
christmas254 2 years ago
Obama is a Dumb Ass. A Manager in a McDonalds has more Business Experience than He does. Why doesn't anyone ask Him how much business experience does He have?
Or why is he creating Record Breaking Deficits? Or ask him to cut Government spending? There is a reason His Presidential rating are at a record low. JR does not know what he is doing, He is WAY over His head. And the worst thing is I voted for Him but Ive come to realize I voted for someone with NO experience. Sorry MOM!
fpinon5150 2 years ago
When will people know that the government cannot create real jobs! Those are born in a market place. Are we going to have people researching ways to cook cabbage like FDR did? TARP cost less because the Fed added zero's to members accts, then they paid them back in REAL MONEY! This is the biggest fraud of our times!
VictoryCough 2 years ago
No job is allowed to stay in the U.S. unless it pays the lowest wage on earth. Thats just how it is. The president of the U.S.A. doesn't work for the U.S.A.. He works for the evil global capitalists and world bankers. Only a moron couldnt figure that out. At this point, the country is so corrupted that it cant be fixed. This evil puppet Obama actually believes what he says.
justaoldslave 2 years ago
What are you talking about? Business ships jobs overseas because they can't afford to pay American's what they think they deserve. This isn't capitalism, this is corporatism.
We can get out of this. Allow currencies to compete and get rid of labor laws.
VictoryCough 2 years ago
The housing bubble was created by dems in congress when they forced banks to give loans to poor folks who had zero chance of paying 'em back. These same buffoons in congress are still at it, only they're using health care as their tool to destroy freedom and create a sociaist government. Dems need to smacked upside the head and booted out without any future pay! In fact, make pay back all they've taken while screwing the public! Everything was good until dems took over congress in '07.
Zile77 2 years ago
Hey everyone, go out and spend all your money to help save the economy like Oblama is doing with our taxes. When we're all broke, the fed will gladly print up some more for us, right? Remember, everyone could get a house too, from Blarney Fwank and Chwis Dodd.
Oblama and dems are literally insane.... Impeach those bastards now!
Zile77 2 years ago
Those thinking about long-term recovery, know the enviroment will be a big winner in the conversion to biofuels & biopower -- saw a cool site; Balkingpoints ; incredible satellite view of earth
reg373 2 years ago
i say lets to 50 trillion in the hole LOL
tampa50man 2 years ago
BUSH didnt back Fannie Mae and Freddie Mac low liquidity levels like OBAMA did side-by-side with Acorn.
Obama, you dont TAX more... and expect to just ASK businesses to make more jobs. This is called REAL WORLD CAPITALISM. You're theoretical koom-ba-ya Socialism DOES NOT WORK!
TAX less, give up on the healthcare (for now) and ALLOW the Economy to fix itself!!
OBAMA you cannot fix it, you can only get in the way, as you are doing now. AND THAT ISNT THE REPUBLICANS FAULT!
jabberwolf 2 years ago
We need Jesus to come back and fix all this.lol
jer4703 2 years ago
Never has any President told More Lies in One Speech. ANOTHER RECORD Obama sets. UNBELIEVABLE. He's like a crying little kid, continuing to blame Bush every time he wants to distract Americans attention from this shitty economy in hopes it will make him shine just a little. This is such a pathetic embarrasing time for the United States, I feel sorry my kids have to put up with this and pray something is left after Obama finishes his teardown of the USA
ChiefRRoss 2 years ago
WE NEED A PRESIDENT FOR THE PEOPLE . am a independent
Sealy1986 2 years ago
Is the plan to create plans until things get better?
Silveracity 2 years ago
Seems that way. We'll probably get a new czar for this as well that way Obama can subvert the constitution while claiming he didn't know what his appointee was doing.
CPOSharkey01 2 years ago
bet my skin these "jobs" go to union folks.
linwooddeaton 2 years ago
This guy just keeps blaming the prior administration but quadrupled the deficit. When he had an opportunity to bail out the bank that catered to small business he let them go under leave a great hole in small business financing. Everyone knows he has done as much if not more than any other administration to destroy this economy. His administration castrated small business access to funds and everyone know that small business creates the bulk of the jobs in the US.
CPOSharkey01 2 years ago
Third time typing this, must be Youtube watches my responses.
Puppet Obama is not at fault for our Economic Depression. The US Federal Reserve Bank is at fault for creating the S&L, Dot Com, & Housing Bubbles by excessive M3 growth that does not match the rate of GDP growth. The Fed has a monopolistic control over M3 (aggregate money supply), Sub-prime Interest rates, & reserve currency of banks. The Fed artificially controls the US Economy and Government Spending.
ManufacturedThoughts 2 years ago
Racists in office almost certainly exist on both sides. I wouldn't bet against it.
davincijones 2 years ago
Uhm... that's a really stupid statement. How can you say that no racists exist in the Republican party? Have you asked them all? I think you're viewing the Left and the Right with a distorted perspective. You should probably calm down and re-evaluate how you view things.
Plus, my father is a Republican and has always been just like my grandfather... and they're both racist.
davincijones 2 years ago
Not everything is about racism in fact Obama has proven to me that politicians have no skin color or religious belief system. Other than the religion of getting reelected or snatching power!
CPOSharkey01 2 years ago
Right on! A moral politician is a rare thing and probably doesn't exist. I find it funny and sad how people root and cheer for politicians. People should be wary of politicians and CEOs. People in power should not be trusted absolutely.
davincijones 2 years ago
I think everyone who votes party line should be allowed to but they should receive a shock from the voting machine! With a little negative enforcement everyone might start using their brain on election day eventually.
CPOSharkey01 2 years ago
How can we make banker's money useless? All you have to do is to turn around anything involve ownership and directly competing with them. Just sell all liabilities related to banks faster than they can cope with with your foreign partners using credit default swap. When they want to track us, we can emulate the process to track them as well. If they give up tracking, they have no business capability and we can replace them.
beancube2008 2 years ago
Bankers must be robbed when they drain ours or other people's local resources and efforts everywhere. If they ignore local resource development and evolve their infrastructures locally, we don't need them to count anybody's money.
beancube2008 2 years ago
We have no choice but employ new tactic on business developments. If we don't build, we promote no production and consume imports only. We need competitive local productions development first before we can have competive local productions. New sport goods, clothings, machine parts and components, medicine ... we need a lot of new concepts for life styles and jobs.
beancube2008 2 years ago
Tipped by our investment bankers, most private industries or monopolies put their development capitals oversea now-a-day. I don't care those private/government old craps.
beancube2008 2 years ago
Listening to all these jackasses in the right wing ball about Obama is like listening to a day care full of grouchy toddlers when it's nap time. President Obama is one of the greatest Presidents we've ever had. The racists in the right can fuck off and die.
BlameRepublicans 2 years ago
Obama is the worst president of all time,and when are you ignorant liberals going to learn that you can dislike someone for what they do,not for the color of their skin.If Mcain was president doing the same things as Obama,I would dislike him too.And most people had to listen to your whining for the past 8 years,so expect to hear some back jackass.
dmaul7 2 years ago
Obama is a scourge on this earth.
OBAMASTINIAN 2 years ago
The only racist here is YOU for allowing someone to lie and BS as much as possible, only to dismiss it BECAUSE of his race.
Obama is the worst president in the history of the USA! This has nothing to do with color of his skin but the content of his character and ACTIONS!!!
Ignorance does much more damage than evil.
The devil doesn't care if you're ignorant or evil, it gets him the same results!
Obama has got to be the most ignorant SOB of a president there has ever been!
jabberwolf 2 years ago
Growing Government by making government jobs doesn't help Obama.
dmaul7 2 years ago
Forgive us if we don't take advice from the same group of morons who inflicted the Bush Administration on us.
BlameRepublicans 2 years ago
Would that be those jobs saved in those phantom districts.
abarzilai664 2 years ago 2
Fantastic balanced report by CBS. The numbers are certainly staggering, but paying down the debt in the middle of a recession would only hurt the economy by decreasing services at a time when millions of Americans are unemployed. I applaud President Obama's efforts to boost small business loans and infrastructure spending. While the jobs may be temporary, they are indeed jobs and the services will serve to improve our dilapidated infrastructure. We need more foreign investment!
huntlsoffun 2 years ago
Don't you understand? This is much worst than 1929 Nazi and fascists economy.
We got people spreading greed. Spreading greed is useless. Newspaper jobs are gone. wealth is gone. dubai is going bankrupted. EVerything is gone.
Having electric car in middle east. Middle east and America will be bankrupted for worst. It's like creating Adam and Eve to give two birth seths.
Consitution is dying. Intelligent design is taken over the world. Religious people accepted Marxism which is okay.
NauticalFILMS 2 years ago
Since the money was borrowed, wouldn't it be more intelligent to pay back the loan with the excess money?
It's not as though he's creating manufacturing jobs that will last long-term. Hell I can install windows myself meaning the tax credit for making homes more energy efficient wouldnt even create any work there, just save me some money.
Bad planning, pay down some of the debt for when/if healthcare passes and the bill comes in.
zutroy1 2 years ago
Getting into trouble for spreading greed, selfish behavior, eugenics, intelligence design science, unproven climate change science?
Guess what? Breaking ten commandment laws. it's going to take long time to heal.
NauticalFILMS 2 years ago