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  • When are ppl going to get it through their heads..this guy hasnt done shit or will never do shit for us as a nation or the world!..he's a politician!..they only look out for ppl who line their pockets with money!..we need to STOP listening to these ppl!..and look at the bigger picture..were all abunch of slaves!..and in the end they will get it all, unless we wake up..and soon!..

  • obama says we're having a jobless recovery.He also has plans for a new invention called the brimless rain hat.

  • Obama is a pukey, phony, douche bag and a fucking liar.

  • obama is a punk bitch

  • Thaldrin Obviously you are confusing him with your "punk bitch" Daddy!!!

  • My punk bitch daddy? really?

    that was clever i see what you did thar..

    do you actually try to make come backs or do you just rely on the fact that your black to carry you through life

  • so many haters... i bet most of them are uneducated.. shut up already

  • yadee...ya....pure bullshit...hold on for this ride cuz were screwd

  • like your parents not using contraception?

  • One

    Big

    Ass

    Mistake

    America

  • ColonialismIsEvil Show Hide go suck your daddys dick asshole

  • does anybody know what thegas4free.blogspot,com is that Obama has been talking about?

  • His speeches have: Trance Inductions - Hypnotic Anchoring - Pacing and Leading - Pacing, Distraction and Utilization -  Critical Factor Bypass - Stacking Language Patterns - Preprogrammed Response Adaptation - Linking Statements/ Causality Bridges - Secondary Hidden Meanings/Imbedded Suggestions - Emotion Transfer - Non-Dominant Hemisphere Programmin
  • just curious, what is your unbiased oppion on what is going on?

  • Obama's an assclown. Who's really pulling his strings?

  • its kinda sad. sad that no one has hope or plans to do anything about anything. lets say for a sec obama is a good guy and is genuine. he will try and do something and most of the people here would try and stop it. or do nothing. stop blaming politics for Americas problems. its more our fault because all we do is bitch. and then when someone comes along and says hey i got an idea lets try it? everyone shoots it down. and if he is not. at least trying is worth something. i didnt

  • even vote for obama. but he is our president. i say lets try and do something or go and join a country that is already screwed up more then this one. i for one would like to fix it and all most of you jerks do is get in the way. its easy to type a message on you tube and bash something. but how many of you have got out there and done something for your community? helped someone in need? done anything that doesn't benefit yourself?

  • Why do conservatives love to argue so much? Oh well another day...

  • "Republican Troll Army Dominates Internet" .....Weather at 6....

  • All Joe Bama is is an idiot who bamboozled the illiterate electorate. He has no freaking idea of what to do, but now he and his ilk have almost unlimited access to the taxpayer's wallets and undoubtedly will drag this country down with debt extending through the next two generations and beyond. He is, in reality, nothing more than a smokey-voiced negro who learned how to enunciate the written word and thereby mesmerized the non-independent thinking majority in this nation.

  • should have voted for ron pual

  • Here's a change-the politicians stop lying to us about the true cause of the econ crisis. Abolish the Federal Reserve, stop the phony accounting practices of the fed govt, and stop using inaccurate economic indicators that any person living in the real world knows are false. Obama is no different than any other BS politician.

  • Great comment...Now Obama is planning to hand out 500,000 new government jobs...That you and I can pay for...Well I guess they can just print the money...There's no free lunch..How anything gets done in this country is by contracting private business, Its called Capitalism and it has worked for 233 years..Very well..Big government can't take the trash out without messing it up..Watch a government road crew work and see how much they get done..They don't..They have to subcontract to get job done

  • Great comment...Now Obama is planning to hand out 500,000 new government jobs...That you and I can pay for...Well I guess they can just print the money...There's no free lunch..How anything gets done in this country is by contracting private business, Its called Capitalism and it has worked for 233 years..Very well..Big government can't take the trash out without messing it up..Watch a government road crew work and see how much they get done..They don't..They have to subcontract to get job done

  • I counted 115 uh and ums... wow what a great speaker

  • 115 uh and ums, im so happy you posted that important information, now please can you count the R, S and T that he used in each word said, and also the number of times he blinked. Thanks.

  • 234 R, 45 S, 314 T, and one big mistake!

  • This board needs to do nothing but let the crisis go. The housing crisis consists of greedy speculators buying many houses to make money,people taking ARMs were gambling and lost. Industry has greedy CEO. No bail out of anyone, least the dollar fails and goods and services rise. You don't have to be a phd to understand what is happening, most people have known for years this would happen. Gov. just makes matters worse. Tinker with interest rates and stop bailing everyone.

  • I'm split. I think what should happen is this: the government buy up the houses that are about to foreclose or have recently foreclosed, and then the government work with the owners of the houses so that they can make their payments.

    Writing a blank check to banks is ridiculous, that much is true. The interest rate on my mortgage is rising, however, and if it rises too much more, I won't be able to make payments. That's not my fault, that's the bank. I shouldn't be punished, you know?

  • The problem is that fraud would be rampant. Plus it would not solve the problem in the housing market, it would just forestall it. I assume you have an adjustable rate mortgage so maybe the government could set the rate of all those types of mortgages at an affordable amount. You would keep your house. Banks would still make their money. Everyone wins

  • you should probably stop making your mortgage payments and get in line with all the other deadbeat homeowners. govt is supposed to enforce contracts between parties, not break them. bailing out one sector only incentivizes others to do the same. stop all bailouts!

  • Jesus, he stammerszzzz allottttttuhhhhhhh

  • the "group-think" line about the "echo chamber" was great. gObama!

  • ColonialismIsEvil SPOKEN LIKE A TRUE ILLEGAL TRYING TO POSE AS AN AMERICAN INDIAN.

    As another dumb ass. American Indians hated Mexico Indians. The killed them every chace they could. Same for the many different american Indians. They had their own nation, and would have no problem kill a whole nation if the crossed their borders.

    As Indians put it,"no man owns the land". So how could it be stolen?

    Damn fake Indians, no more that illegals. Move back to Mexico.

  • What the fuck is the difference between American indians and Mexican indians? You tell me that.. Hold up, tell me the difference right before the europeans came here... You should say Go back to Europe!!

  • Thanks for onpening that door for me. "Indians", "RED MAN". Even the indians of South and North America were red skins. but wait Don't any Red Skin Mexicans. Why are they tan skin. Cause they are no longer Indians. They are so well mixed with european blood they don't even have a 1/4 of indian in them.

  • but i will say, come up to today. Your are in a dream, wake up, you think you are living over 500 years ago. it is 2008. Wake up before you fall off your bed.

  • I'm sorry I didn't realize I turn brown into white.... blacks becoming free... A black man becoming president.. wait... does this mean we're becoming all the same. All mixed!! Brown and Bald!! Let me wake up from this past shit! Even better, from this modern shit!!! JUAAJUAJAUAJAUAJAUAJAUJAtototo­!!!!

    Fucking rednecks, you should do something for the Environment or butt fuck each other in order to save the future. I don't wanna hear your shit!! "THEY TOOK MY JOB!!"

  • Hey you was the one that kept bring up the indian bullcrap.

    Environment? The environment ain't all that bad. Obama makes out like Earth will blowu-p in a few years. if it does it does. Ain't no man can stop it. Not even every man,woman and child.

    But then what does the Environment has to do with a video about the Economic Recovery Plans?

  • Let's hope that his "bold new ideas" are different from the old failed ideas of european style pseudo-socialism.

  • "People should...uhh...understand...he­lp is ont the way...uhhh" Wow thank you for your insight Barrack!! Help is on the way everybody stop worrying!! Don't ask how he is gonna help us. Just trust his ass!!! Jesus why are people saying he is the smartest president ever??? He's a dumbshit like any other! GOD just listen to him!!!??? And at least you could put all your faith in Ron Paul cuz he would at least get into detail and break it down for us lesser knowledgable folk.

  • I don't know too much about this, but I think it's stupid that Obama is gonna raise taxes on the highest percentage off wealth owners. Aren't people already being laid off at a rapid rate? So if you start taxing like crazy won't that just make things worse!?!? What were gonna trust the gov't to fix this? They can't fix a thing! Again I can't say with absolute confidence, but I say we start listening to Ron Paul. Tax less, less regulation for more competition, laissez faire! NO MORE ECO GOV'T!!!

  • First off,Bush's tax cuts have failed to stimulate the economy or create jobs and they've been in place for years now. There isn't a conservative out there,including George Will,who has stepped to explain why those tax cuts have failed. And yet you and dumbass Ron Paul tell us we should continue those cuts without question. Let me rock your world for second: the rich aren't "entitled" to a tax cut-noone is. The gov't can target those cuts however they see fit and can change that target anytime.

  • Bush's tax cuts failed because they were a pro coorporate move not a pro free market move. You must understand the difference. George Bush was never for the free market, he has no idea how it even works. You can't just cut taxes and leave regulations in place. It won't do enough. And i'm not talking about regulations that free up coorporate options, I'm talking about all regulations so that small time busnisses can compete and enter the market with out gov't and corp. in the way with legislation

  • Also I am very troubled to your remark

    "the rich aren't "entitled" to a tax cut-noone is. The gov't can target those cuts however they see fit and can change that target anytime."

    You are very dangerous. You seem to willingly be all to lenient with the gov't having a lot of power to call the shots. I can swing the question right back at ya and say that the gov't is not entitled to have taxes or raise them at their will whenever they feel like putting up a new beauracracy.

  • Continued: Prop taxes.

    So how can such a tax be allowed when it so obviously collides with the right to own private property? Assuming that all my premises are true!! You must then conclude that there is no such thing as private property and it all belongs to teh gov't in some way or another and the gov't merely lets you keep your (or the gov'ts home) for as long as you keeep up royalty checks to the gov't. Cmon man, you telling me this dont get ya a little angry? Or at least wondering?

  • continued: INCOME TAXES

    Again who are we working for then? Ourselves? Our well being? Or do we work for the gov't and ask for permission (or hope for in that matter) to be able to keep a certain percentage of it. Again WTF!! What the hell, what gives the gov't the right? Did ya know the income tax started off only to tax the top 1%? The gov't promised to us it never be used on lower class, but in a few years they broke that promise and now know one cares. In short, we can't trust them!

  • Boring, fake, phony, dry, zero.

  • ColonialismIsEvil

    We know you are there. You suppose bad attention is better than no attention. How about quittin' the cut and paste graffiti

  • Barack needs to go ahead and take over as Commander and Chief. It's obvious that Bush doesn't know wtf he's doing. Barack seems more Presidential, more intelligent and we can understand what he's saying.

  • LOL.amen.

  • @punchi47

    yeah we can understand what he's saying: he's trying to turn us into a Communist country, and nobody wants that. Obama and all of his supporters can burn in hell

  • 4:00 A 'STAR WARS ADVISOR'?... Sweet... I need a Star Wars Advisor...

    (I know he didn't say that, when I first heard it, it sounded like it though)

  • wHo LEt ThE RETarD ouT OF ThE LOoNy BiN? IS ThaT YoU SarAh PalIn? ARE yoU StIll MaD BecAusE YoU LOst THe ELeCtiOn?

  • Dear Dumb Ass, do some more PCP and jump off a tall building. Don't forget to take your computer with you. Thank you for your cooperation. OoPS, I MEANt thANKKK YOU foR yoUr KKKoperATIon.

  • You have now reached the rank of idiot. Congratulations!

  • Did I mention you're now officially a moron too?

  • No you can suck Obama's dick cuz the guy is our president..

  • lol... lotta buyer's remorse, out here offline... and he hasn't even taken office yet. Hooo boy, are we in for some fun years of 'change'... when folks who voted for Obama are talking in grocery stores and shopping centers about their dismay with his administration, loud enough for passersby to hear, you know we're in for some greater comedy moments than we even had in the Bush and Clinton years combined! USA citizens = audience members about to get the big ol' pie in the face.

  • You Obamabots are so pathetic, you can't even realize Obama's policies are the same as Bush's. The reason is they both work for the Elite Multinational Corporations. I'm surprised that many of my friends that support Obama don't even know he voted for 1) Patriot Act. 2)FISA. 3)$700 Billion Bailout. I don't mean to insult you, but if you don't know what those policies are, you need inform yourself.

  • Barack generally sounds smarter when he says it though lol. I guess it means he has more skills as a politician in persueding people to see his points.

  • FISA was established as a check on government survelliance, so I don't know what your point is... Bush would've liked it if FISA was abolished.

  • He can be president, as soon as we see the birth certificate.....

  • Thats a good thing you idiot. He is obviously eager to serve as president... Your an idiot

  • He is taking the position seriously.

  • Yes, while "this jerk" is holding a presser on the economy, the current POTUS was doing the traditional pardoning of the Thanksgiving Turkey.

    Enjoy your rituals. I'll go with someone working on results.

  • are you clinically insane?

  • OK, you are now officially a retard.

  • Damn that guy nailed Obama at 11:00

    He had NO response at all.

    Prepare to be VERY dissapointed with Obama. Change my ass.

  • Hardly. Obama challenged the reporter to explain why bringing change "requires" disqualifying anyone who served in the Clinton administration (or the Bush one for that matter since the guy was whining about Gates) and got no answer. Obama could've picked a bunch of inexperienced folks like Carter did but he was too smart to fall into that trap. Obama knows people want results and they will value his "pragmatism" over "ideology" as a fundamental "change" from partisan politics. Nice try troll.

  • I dont know what interview you watched, but he changed the subject and started talking about the economy. It was a Sarah Palin moment.

    And not everyone who disagrees with you is a troll. I actually LIKE Barack Obama: but this notion that he is super progressive and will save America is total nonsense, imo.

    Obama only seems like change because your contrasting him with Bush. Obama is far more hawkish than Clinton was.

  • Attacking Obama before he begins is the same stupid strategy that dems followed with Bush after 2000 and you saw how badly dems lost in 2004. By attacking EVERYTHING Obama does now,even if illegitimate,you basically lose credibility for future legitimate attacks. Obama promised change fundamentally on two fronts: "unity" over partisanship and "pragmatism" over ideology. So far it seems to me that his picks show him pursuing both those goals. The voters want results and Obama's job is to deliver.

  • Because Clinton and Bush admin people are fucking morons man!! Their all big gov't fuck ups who help coorporations, believe in policing the world, don't care that we print money, and seem to think that our economic problem is due to unfettered capitalism and not all the fuckin gov't intervention in the last 80 years. That's why Obama is not change! I would say he shoulda got people who had his principals, but I just can't find what Obama's principals are. Look to Ron Paul in the future people!

  • sarah palin needs to dress up like a moose during hunting season

  • well spoken. We will be alright.

  • The guys is calm and collected in a time of crisis.

    Im loving my new president. :)

  • Reading the comments under this video is sad, the main focus of the comments is race, like it or not we are all Americans, and Obama is our President, he has lived up to one of his promises already, government should be Proactive. Bush and Cheney has stolen, lied, and controlled us with scare tactics for too long, it's time we become that beacon that shine bright on this hill of Prosperity again. Paulson, Bush, Cheney, Ben Benckie, Rumsfield, and Rice, should be in Jail right now.

  • We don't need another board. Just look at the constitution and follow it. Problem solved.

  • LOL love it! That's what i was thinking! He wants MORE BEAURACRACY!! WOW!! He is so not for change. Lets give the real free market a chance. None of this fake pro coorporate free market crap pretending to be the free market!! NO!!! Im talking about real free market where competition is supposed to flourish!

  • HAHA!

    1:26 He's bustin a rhyme already! "formulation, implementation and evaluataion of my administration".

    I was expecting him to start talking in rhythm.

    Then to suddenly turn gangsta... "Cha ching G-G-G-G G Unit! Bitchezzzz"

  • Dude, don't type like such a retard. Ever hard of switching off the caps lock?

  • It's too early to judge him... I'm still counting down the day for the Inauguration Day!!!

    obamatothewhitehouse [dot] com

  • yeah and i bet you will be burning a cross a flag and a crack pipe to celebrate thanksgiving. go blow your meth lab up inbred.

  • Its sick that Bush totally abandoned America, this time literally.

  • You seem to be challenged in the areas of capitalization and logic.

  • Well, here comes the change.

  • He voted for the bailout. Get ready for more bailouts. Wall Street's gonna thrive while we struggle to stay alive.

  • What was that loser who asked all those compound questions that functioned as some form of pre-emptive criticism? The predator who lodged these criticisms was treated with the uttmost respect from the President-Elect.

  • And why is that? please explain

  • dont think there will be any massive change with obama he will do what every president has done and thats do what his masters tell him they need a puppet and a distraction and obama was perfect the whole campaign was a pure joke a black guy and a woman as if anyone would vote for palin and mcain and they knew they couldnt rig the black vote this time so they served up the didtraction

  • anyone ever tell you what a dribbling idiot you are?

    sober up & try again. coherency must be in there, somewhere.

  • so you think there will be some sort of massive changs there will be no change he is talking and saying all the same thing every candidate ever has talked about==low taxes,jobs,the ecomomy,security there will be no big change he will do what hes been told to do..and plenty of people call me names and it usually stems from the fact that they cant come back with sensible debate or even somthing witty so the fact that all you could do is name call then its you who is the idiot with nothing to say

  • ???

  • How dare obama embarass Bush by actively working to improve the economy with the help of intelligent and competent thinkers.

    It is better the way Bush does it, by irresponsibly cutting taxes, raising spending, deregulating everything, and then going on vacation.

  • LOL!,Thanks.

  • Obama's "uh" pauses don't bother me because it is clear he is thinking on his feet. Asking Obama to provide a complete list of cuts a day after his team was assembled is just stupid and it reflected poorly on the reporter to be honest. And its obvious he had to pick an econmic team with heft because the markets fall with uncertainty. Again it shows Obama approaching the problem as a realist and everyone else clinging to the need to be "purist" regarding ideology. Who give a damn, just win.

  • Finally a President that knows how to fight back when reporters ask hard line questions.

  • Best. President. Ever.

  • Our new president is awesome.

  • He's trying to placate the markets by not making any surprising appointments. Rich people rejoice!

  • True, doesn't mean he has to listen - hence them being an "advisory board". Having them in the administration also allows him to gag the group to a degree. Geitner.. who knows. At least he's young and potentially flexible, and at least 'generationally'/culturally closer to Obama than other potential picks.

    It seems hard to believe that he isn't talking to Krugman, or at least following his columns.

  • Lol. Obama owned that last reporter by making clear that having served in the Clinton administration is not a disqualifying factor and shouldn't be. I was waiting for the reporter to respond with why Obama should be limited to picking people outside the Clinton years and this punk just moves to a new topic-the bailouts. I was always told to finish the fights I start but this reporter turned out to be a real pussy when challenged on his "no change" attack. Chump.

  • He's a good reader. But he needs to slow down. As soon as he's off the script, the uh's start coming. First question, NPR: Can you please give us some more critism of Bush? Lot of uh's in the response. How does one "grow a pie?" Second question, NY Daily News: Any shopping advice for nervous consumers? His kids are writing letters to Santa. Fewer uh's, not many specifics. "Help is on the way." Great!

  • yeah that's my only qualm with him. too many uuuuhhhhhs

  • I did notice that, but hey, how much more articulated is he than Bush?

    I'd rather have a dyslexic president than Bush with his speaking skills. lol

  • Obama has the conservatives crying on their beers. They know that if he pulls this off, the republican party will be in the minority for a generation. The country is not liberal or conservative; its pragmatic. Obama is right, voters want results period;they could give a damn about ideology. Now the GOP has to root for failure because if the economy recovers, they're done and they know it. Expect sabotage at every turn with these guys; so much for their famed patriotism.

  • OMG, i couldn't have said it better myself! You articulated everything i've been thinking so well. Conservatives are 'shitting bricks' and they know it!!! They need Obama to fail (yeah, so much for patriotism!), but they're in trouble because Obama will be successful.

  • Exacatly. Right now, the Democrats are the pragmatic party and the GOP are ideologues. Republicans are obsessed with "victory" in Iraq. Dems just want to find a way OUT of that shithole. Repubs are obsessed with free market ideals, Dems just want the country as whole to prosper, whatever it takes.

    Republicans are chasing purist fantasies, Dems are getting shit done.

  • You are exactly right. They will lose even more if they sabotage and get outed. They will risk it though because they are stupid and believe their God will save them from there own stupidity. Seems God has stopped listening to them lately.

  • 'phony' patriotism,don't you?

  • Excuse me.

    The last comment should read...

    You mean 'phony' patriotism don't you?

  • i don't think bush knows what "groupthink" means

    he probably thinks it means, " a group of people who be thinking"

    LOL

  • I'm still waiting...

    I'll be much happier when I see somebody who is Anti-FED on that panel. If you really wanted "all sides" of the economic debate, put somebody on that panel that shares the "wacky" idea of an interest-free currency.

  • Just imagine palin trying to tackle this problem.. a handful of "by gollys", winks and "you betchas" all the while she is being told what to say from the big corperations looking out for thier own ass. Never let the repugs in power again. Vote and get your family and friends to vote in each and every election.

  • Why is Barack surrounding himself with neocons!?

  • Neocons? I would say international banking neoliberals, but I think that's just splitting hairs at this point. The point is, you're right -- these people don't care about the American people. This just seems like such a scam.

  • LET'S ALL TALK IN CAPSLOCK!!!

  • I lol'd.

  • What are you talking about. lol @ MentalMadstro.

  • And I'm black.. what the hell lol

  • you're an american, just like everybody else. it doesn't matter if you're black, lol!

  • Well, that's obvious. But when you look at me, you place a label regardless. Just like a label was placed on Barack when he started running for President.

    If it were up to me, it wouldn't be any of those labels, but I'm too much of an Idealist

  • you have the right to be entitled to state your opinion because that's what ''america'' is all about.

  • Why thank you.

  • He isn't labled black or white by me. He is labled the best man for the job.

    He is the smartest president in our lifetime. Time will show that more importantly, he is wise. I can't wash the white off my face but I can say Hurray for America black and white and yellow and brown.

  • Wonderful. But the news channels and reporters repeatedly brought up him being black all of a sudden he's president and everyones throwing that label out.

    Sure I'm all for the coming together of races and unity but lets not deny what it is.

  • Damn, if this keeps up, we just might have to make this dude president.

    Oh, wait...

  • Thank GOD Bush is Leaving soo we can have Someone who actually has a brain

  • HES SUCH A BADASS!!! WOOOH!!!

  • Brilliant...

    Obama uses Ikes (Republican) economic plan to evoke wall street confidences.

  • obama hasn't done anything, yet. he's working with george bush's present moment to see what things really look like before proceeding the next step. he is inexperienced and he has been told which people to appoint for the ''future'' problems that lie ahead. no one is going to tell ''obama'' what to do because he doesn't have a ''rightful'' answer for us until he sees the ''results''.

  • dude, you just put Obama is quotes. lol Still bitter about losing the election, eh?

  • not really, because obama is a ''liberal'' and people wanted to open things up despite the wars in afghanistan and iraq. we're still going to have loopholes during obama's presidency unless he gets re-elected to control the federal budget-deficit in 2013. ''democrats'' are running out of ideas and votes in congress might become deadlocked and obama will not sign-anything that is not agreed to.

  • lol there you go again. "Democrat" and "Obama" are both proper noun with uncontroversial definitions. You don't need quotes, "osky018".

    It's fun to see "conservatives" in a "dead panic". :D

  • you don't know nothing about politics, i do.

  • lololol

  • conservatives? we're in danger of liberalism. obama might become a limited ''liberal'' and he can make things worse for us if the appointees disagree with him. let's hope that it becomes a ''small'' loophole before controlling it.

  • if you hate him so much, why you even watch this? if you know that everything he does is going to bad why watch this? why couldn't you warn up about how bush was going to fuck up so much in 2000....my dear psychic.

  • I am sorry Oska018 when were you appointed to his cabinet? I missed that annoucement.

    please provide a link I would live to see that video.

  • i'm not an appointee, i said that obama will hire appointees for his government

  • The talk was that Obama was going to be this total socialist, but he is showing fiscal responsibility, making some solid, sensible decisions - I'm liking what I'm seeing.

  • no shit i actually like obama better now then the day i voted for him.

  • big deal. you'll see the loopholes, dumbass!

  • Perhaps W's motto all along should have been "if I only had a brain". I am so relieved to have a President(-elect) who is articulate, serious, capable and not afraid of smart people. He is creating an advisory board to challenge his policies -- Hey, Rove: can you possibly imagine that?

  • *still holding breath*

  • Anyone else noticed how the Dow, Nasdaq, and S&P 500 all gained after Obama's conference?

    Dow: from -49.15 to -1.28 (+47.87)

    Nasdaq: from +16.55 to +20.73 (+4.18)

    S&P: from -5.11 to -1.00 (+4.11)

    This man's words work magic!

  • Obama had a really good comeback for that smartass.

  • get out of your ass.

  • shut the fu ck up. dollar has been gaining value in currency. check the fucking finance markets. shit talk

  • I agree that dollar would probably devalue, if the theories work out. However, the dollar is the world's reserve currency and considered a safe investment choice. Its reputation will slow its decline. Now, your notion that devaluation robs people of wealth is not right. Money measures the worth of assets. If the underlying assets have inflated worth, then the currency representing that worth will devalue. In other words, we are worth less because we are worth less, not because the dollar.

  • Have you paid any attention to the purchasing power of the dollar? It's way less than it was twenty years ago. Don't you see that that is how this whole corrupt system operates? They print more and more money (which is based on nothing ever since they abolished the gold standard)thereby deflating the currency reducing our power to buy things while at the same time they're not affected because they can just print as much money as they want.

  • We are not in disagreement here. The purchasing power of the dollar is much lower because the real economy is much smaller today than it was before, proportionally speaking, especially compared to other countries (Japan, China, S. Korea, etc.). With reduced capacity to produce real assets, the dollar is dropping like a stone. I was merely pointing out that the dollar buys less today because the underlying assets and productive capacities have diminished.

  • arbide2 , Where is your head?

  • Now THIS is a President I can stand behind and be proud of. One who actually knows what he's doing, and not one who's constantly portrayed as a clueless puppet.

  • We need to End the Federal Reserve. At the very least, we need to have our government audit the Federal Reserve. Nothing short of that will go toward solving the problem,

  • Can this guy get any better? I seriously almost forgot what an intelligent approach to government was like. He speaks in clear, coherent scentences. He's real. No fake folksiness or accent. No fumbling with common words, no chicanery. I've never been politically happier.

  • Not only that, he has surrounded himself with brilliance and capability, no more albertos, harriets, or "brownies".

  • Absolutely, the economy has bounced back a bit just on his cabinet announcements. Imagine what's going to happen when they actually get to work.

  • Just imagine Bush uttering the term "compound questions". Not a chance, and I bet Bush doesn't even understand the term.

  • No way in hell. I mean, honestly, even Republicans have to be relieved, right? We go from a president who can barely talk, an IQ allegedly just above a short bus occupant, to one who chooses geniuses to advise him and speaks like a genius himself. I'll bet Obama even barfs elloquently!