Give him a chance? Does that mean give him more billions of tax dollars to throw away? I don't believe he is capable of getting America up and running again, nothing he has done so far has had a positive effect. So you think he is some sort of economic genius and has all of the solutions to this situation? What experience does he have in dealing with economic issues? What are his qualifications? When will you realize that this guy is not even close to being what you think he is?
You guys are being pathetic... You have to give him some time and just some months. You have to think about what he has to work with and that can't be easy. I'm sick of hearing people saying these things about him because you ain't shit better yourself. Can't you see that he is trying to get America up and running again ? Give the man a chance !
Where is "ACTION" Obama? some say you're another puppet? lol are ya? he he oh man The ultimate power is your hands! you could do many good things to the world! what the hell r u waiting for? awaiting for approval from who? I don't hear ya? say aloud pleeease!
white man are weak like women and dick less, that's why they are after black man so much. always they got something to say about black people, live u life devil, i guess u don't have one cause u busy harassing people. with all the money u stole ,still u are not happy. just like the devil god described, greedy, selfish and murderer. i feel sorry for u , i would rather be poor than live u life.
I never realized how fucking stupid democrats really are, they have really brought their intelligence to light the last couple months...That stimulas bill just put us further in debt. Everytime I look up a news story more of our freedom is being removed. The enviro idiots are out of control.We are becoming prisoners in the name of homland security. Thanks a bunch people for voting for change. Welcome to the ASSR-- American Social Socialist Republic.
Change huh? Yea right. Nice slogan. Sorry you you can't live up to it. A few weeks into office and this guy is already a joke. The worst president ever, Jimmy Carter, must love this creep. This idiot make Bush look good
For chrissake, can we please just impeach this walking tape recorder now???
He offers nothing different than Bush, this is absurd. Bush = bailouts and pro-Fed Reserve; Obama = bailouts and pro-Fed Reserve. Only difference is the Obama sheeple are a little more blind in their allegiance and everything will get approved, and the ass-raping of all of us will continue.
Thank you McBama voters, thank you for 4 more years of the same shit :(
This economic crisis is so much more complex than be portrayed by the media. President Obama is trying to use this package as a 'first step' to confront this massive situation. No package is perfect. However, inaction isn't an option!
Fucking BULLSHIT! Fuck you Democrat and Republican CRIMINALS!
What gives YOU the right to steal our money through taxes then waste it all THEN have to BORROW over a TRILLION DOLLARS from CHINA to WASTE even MORE MONEY! FUCK YOU MOTHERFUCKERS!
Americans need to go to Washington and BURN the whole fucking place DOWN TO THE GROUND!
It's because of your greed and ignorance that brought us to this point NOT the American peoples!
In other words, in 2007, the top 50 hedge fund managers looted their companies--with their compensation-- and made off with $100 BILLION dollars. IN ONE YEAR! Hedge funds were a relatively new entity in the late 1990's and have grown from a couple hundred firms to more than 10,000 firms in the past ten years. If these figures are the compensation of 50 firms, what about the other 9500????
PART 4: "With their bailouts, the Federal Reserve and the Treasury Department -- essentially trying to make up for the looted funds -- stepped in to cover the losses that should have been covered by the equity that the managers had looted."
The Bailed-Out Bankers need to find their own money offshore and return the TARP money to the Treasury.
PART 3: "In effect, the outsized Wall Street compensation packages represented a looting of the equity that should have been serving as reserves to cover potential losses from the risks inherent in their high-stakes bets. When the bets started going bad, the firms whose equity reserves had been looted went into default.
PART 2: " In 2007 alone, the fifty highest-paid private investment managers walked away with an average $588 million EACH in annual compensation -- 19,000 times as much as an average worker earns. The top five EACH took home more than $1.5 Billion."
PART 1: Here's a quote from David Korten's new book, "Agenda For A New Economy" that will floor you:
"Because they (hedge fund managers) rigged the system to pass the risk to others, the managers who made the losing bets walked away with impressive fees collected during the good times and left to others the messy work of sorting things out when Wall Street's sophisticated version of a Ponzi scheme collapsed.
The stimulus bill is a complete ripoff. No stimulus, just PORK!!! No jobs, just transfer of wealth away from those who do create jobs to government's pet projects. If these projects are worthy, they should be able to stand on their own without our president lying to us about what his bill is intended to do.
Its time for action but not the wrong action. Our chicken little president is so full of doom and gloom. If this porkulus bill passes were dead. These fools have designed a big government money spending spree. This is designed to grow the government not get people back to work. This money has to be paid back and we don't make anything in this country anymore. Thanks to the democRAT party and their NAFTA. This is just liker FDR's new deal. It didn't work then it won't now. DEPRSSION TIME!
"A failure to act, and act now, will turn crisis into a catastrophe."-- President Obama, Feb. 4.
Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared "we have chosen hope over fear." Until, that is, you need fear to pass a bill."
Don't let Obama scare you into socialism. He wants your childrens money for his own power grab. Don't let him have it.
The democrats and republicans are killing this country. It's disgusting as they play people against eachother with partisan politics while they both rape the daylights out of the american tax payer. END THE FED!
I find it flawed logic to think that more tax cuts are going to help the current situation. Tax cuts will mostly be invested in things that will help the economy by the wealthy, for whom this income is disposable. The people suffering will pay bills or buy essentials. Tax cuts are counting on trickle down economics to work. The problem is that, with globalization, those dollars will be spent overseas where they will stretch further. Why open a factory here when in Asia labor is $4 an hour?
Obama lies: Out of Iraq on his first day Close Gitmo on his first day No lobbyists Obama said he had a stimulus bill to introduce Post all Bills for 5 days before signing Obama said he would "create" new jobs, now he says create or save. Obama has lost over 600,00 jobs since becoming President. Bush maybe the worst President ever, but soon the wost trophy will be given to Obama. Bullsh@t we can believe in. Change and Hope.... Nope Obama's a Dope
Yes, very true for GOP propaganda. OoC, YouTube favors Dems because the right-wing has always been the minority in the world... 37% of registered voters in the US. And falling.
Way to change it up Obama. I think i heard these same speeches before. I remember the last time a "stimulus" package was passed too quickly. Did it really save us? It just bought us a few months
Don't tell us it has to happen now. I think the US public is slowly getting wise to this flawed argument of "NOW OR NEVER"
Passing a flawed bill will have the wrong effects. It's like taking your car to a mechanic because your toilet broke. You'll spend money, but you still have a broken toilet.
Obama's SCARE TACTICS won't work to convince us that this "Stimulus Package" is nothing more than a waste of taxpayers money!
If the banks refuse to loan then screw them! Why is it that I just got a car loan from my local bank but the international banks like Bank of America and Citigroup refuse to loan money?
Is it that these banks have ruined themselves and are now holding us taxpayers hostage demanding us to bail them out for their own stupidity?
Anybody that thinks Obama is a facist has drank too much of the talk radio sour apple Kool Aid and is now pissing green with envy...and is full of worn out ideas.
This bill is not ready. Obama is taking a page out of the George Bush playbook. Scream that it is an emergency and we have to act right now without thinking things through. Rohm Imanuel said never waste a crisis. This bill is not ready!!!!
Not say Obama got us wehere we are at, but as a senetor he did help it.
He is push for a fast signing of the bill, not to help the country, but for what all is in the bill. 90% has nothing to do with the stimulating the economy.
but more government control over peoples lives.
There are over 300 billion in just studies alone. People he picks to do these studies will be getting the money.
Go read HR 1 in full text, it's 647 pages. The new version on the floor now is over 1000 pages.
This shows the AP bias as the justification for his comments in this speech can be found in the next section but was cut out.
In effect, Obama expressed his outrage that the same people that voted in the policies that caused this mess are shamelessly pushing for more of the same. More poison is not the cure.
while everyone wants to judge President Obama so harshly, what you seem to have forgotten is that he didnt create this mess. That bastard bush that you probably voted for is responsible for this mess. President Obama is trying correct this. That bastard left the worst possible situation when he bailed out and took his retarded ass back to Texas. Don't blame President Obama for the mess that's here, because HE DIDNT MAKE IT. Ungrateful bastards.
shows how much you really know. Most of the policies that were the main reason for the cause were put in place under Clinton. Many inwhich are state in those bills say they can not be changed fro "x" amount of years.
Same for the HR1 Obama is pushing. Some of the policies he is pushing state that can't be changed anywhere from 11 years to 25 years. or just give a date of like 2016 ect...
once signed that's it. That's is how it will be be till 2016.
Liberals are now wearing their Fascism on their sleeves. Read "Liberal Fascism" by Jonah Goldberg. None of this is new. Modern Liberals are the heirs to the Fascism ideologies that founded it.
Do a Google Search on Mussolini Man of Action
I dare anyone who pretends to know. Because pretending to know is now en vogue. Why not read up and actually know for a Change? After all, isn't this supposed to be about Change?
i dnt give a shyt about the Economy , i got my job and i aint gettin fired. As long as we gota fkin great ass President , all this mess started with President shoe ass Bush!
Prime example of why politicans are in office. To steal money from YOU and give it to the people that voted them into office. The Republicans and the Democrats differ only in who they give money to. They both agree that it is ok to steal and spend your money. Why do you keep putting up with this? The United States peaked in the 50's. If we stop spending money we don't have now and live within our means, our grandchildren might have a chance. Good Luck to you.
Barack Obama is a complete and utter failure. I made a big mistake by voting for him, even the God Damn French think he's crazy. Its going to be a long 4 years.
Obama is just scaring people into getting the bill put through. Catastrophe coming soon unless we spend this money now! Hurry we gotta spend money that we don't have to save our jorrrbbbss!
Barack Obama is a complete and utter failure. I made a big mistake by voting for him, even the God Damn French think he's crazy. Its going to be a long 4 years.
a couple of months ago they took action and gave a billion to the banks, did it help? obviously not. Now if they take action stealing your money to give it to the company's will it help? Maybe a few months but NO it will not help you in the long run it will put you further down drowning in debt. Good Luck with your corrupted government
This is not the speach I saw on TV. Why did you cut out most of it? I know why, because it was mainly his campain speach pre-election. Each time he needed a huge clap he would Bush-bash. Yet he says it's time to move on... I didn't vote for him, but he is now my president and I respect him, and he needs to get off of the campain trail and accept reality. It's time to cut the puppeteer strings and start doing what he promised.
Things are going to get A LOT WORSE either way. This crisis has been building for decades.
The US should save our money and encourage people to do the same.. not just mindlessly keep spending and creating credit in the directions that got us here. If they are going to buy anything resembling pork, should not be putting it into stuff like golf courses and marina decorating as a way to "create jobs". Stuff that will have lasting, longterm, strengthening effects.
Financial experts like Peter Schiff have the right idea. Not Summers and Geithner.. those guys are right in the middle of the policy (ie repealing Glass Steagall--btw.. reinstate it!) that helped get us into this mess.
Republicans better tell their reps to WAKE UP! Do they think that the numbers are too 'reality based'? Do they feel better when Rush "Oxycontin" Limbaugh sets the agenda via dittoheads?
wonderful speach the bill repubs want stinks small buis cuts for not selling anything no jobs there screw bipart when they dont care anyway or know anything about economics as they had there chance bush thats right republicans & bush
starting a war over a baseless argument
bringing a gov in surplus into more national dept than any past presidents put together.
letting economic boom under democrat pres Clinton become an economic catastrophe
Every 15 months, the USA owes another trillion dollars against Gov expenses!
Prop up the bad guys with money!
Reward the mistakes & incompetence!
Weve increased the Money Supply 70% since October!!!!!
Can you imagine?!
Bernanke refused to show up the other day before congress
Altogether, the worlds markets over the past four weeks saw $11 trillion worth of assets wiped out. This sum corresponds to virtually the entire annual gross national product of the US, or the European Union
We must act -NOW- before anymore of the pork and political payback in this bill is revealed to the American public! The -best- thing our government could do about this economic crisis is nothing at all. Let the bad debt get liquidated and the market correct itself. Government isn't the solution here... government is the problem.
Yes - The bad guys have to file bankruptcy; the good guys are rewarded with new market share
Which is the best for the economy over all
However, the US Government rewards the incompetent guys - So in the long run, like TWA, the auto industries, banks, insurance industry, will be weak on the global market!
I have to ask, to what school of economics do you subscribe to reach this conclusion? Government interference (ex. Fannie/Freddie) is what got us into this whole mess in the first place. These liberals aren't going to quit until we have a stagnant, socialist economy like most of the EU with double-digit unemployment as a norm.
what do you suggest? cut taxes again? Bush did that for 8 years and look where we are. Something more need to be done than just cutting taxes. We have already been doing that for 8 years and look where we are.
I'm not some partisan hack, as you seem to assume, and certainly not a Bush supporter. Bush didn't go far enough with his tax cuts and above all, he failed to reign in government spending, even with a gop congress (until 2006) on his side.
That aside...The fact is, there's a time and a place for frivolous spending on frisbee parks, waterslides, etc... Everybody's in a panic and politicians are taking advantage and stuffing this bill with so much garbage that it's starting to wake the sheep.
Yes Obama is president now, but this problem existed before he became president. Last time I checked, Bush was the president on September 15th, 2008 when the stock market crashed.
Obama said on the platform that he is going to TAX capital, at a time when the world is desperately short of capital (What a genius!); and then he is going to institute protectionism
Protectionism helped lead America into 1930s depressions & created weak industries like the old TWA airline & todays non-competitive auto industry!
Protectionism & Taxing Capital will bring down the American House of Cards!
he is essentially bribeing the companies to keep the jobs, and then controling the companies with that money.
this is not what government is for. the government should keep its hands out of the free market, it cant even run itself, our sec. of treasury is a damn tax cheat
Nope, other that the US Congress needs to investigate and audit failed Wall Street Institutions, Treasury and the Federal Reserve and seize their assets if they're liable for malfeasance.
Yes.I want to know where his birth certificate?Nothing to hide ha?Well it's politics as usual.You appoint people who think they are above the law that WE ALL have to follow.You say change,change,change.How can people not see you are just like all the ohers?Corrupt.Our country is falling apart .How can idiots keep voting for Barney Frank,Harry Reid,or John Kerry?These people are the problem.They are corrupt.Letsvote them all out.
They're getting nervous that what is happening in Europe may start happening here. They are rioting in Russia, Bulgaria, Lithia, Lithuania, Ireland, Iceland, France and Greece to name a few.
lol he is the trinity. He claims he is catholic, and his frist name is JEWISH (surprised noone ever picked that up) and his middle name is MUSLIM (which we all know). Its just so wierd to me
Lots of names are Jewish - Jonathon, Paul, Joseph, David, these are all Jewish names adopted by Christians. What is your point? Why does your name determine your religion anyway?
because you just showed me that. Some names you claim as jewish are actually muslim names too ^_^ i was just saying. Your just going to it a little more.
You hope he gets assassinated, but you don't have the balls to do it yourself. Obama has the balls to stand up like a man, while you bitch on youtube like a pathetic shit.
At 1:21 he says "crisis COULD turn into catastrophe." Yes Obama but it also COULD NOT. You're arguing a negative and fearmongering. The government so far hasn't proved it's actions have positively affected this crisis, though evidence shows that a lack of leadership in Washington has allowed people to be swindled over the last 5 years or so. You were a part of the Senate and voted for plenty that helped create the crisis Mr. Obama. Some of us recognize game sir!!
Results 1 - 10 of about 152,000 for al gore jeff fisher Listening to Rihianna
Umbrella
I am so glad Albert wants her also to sing at Jane's et mine wedding at Wembly Stadium which can be found far better at janeewadeshalwendachrist blogspot which Tom Heneghan has told me many times is very unique et to also tell all to see evidence at NoMoreFraud blogspot et to keep up to date at his myspace.
Results 1 - 10 of about 152,000 for al gore jeff fisher Listening to Rihianna
Umbrella
I am so glad Albert wants her also to sing at Jane's et mine wedding at Wembly Stadium which can be found far better at janeewadeshalwendachrist blogspot which Tom Heneghan has told me many times is very unique et to also tell all to see evidence at NoMoreFraud blogspot et to keep up to date at his myspace.
Results 1 - 10 of about 152,000 for al gore jeff fisher Listening to Rihianna
Umbrella
I am so glad Albert wants her also to sing at Jane's et mine wedding at Wembly Stadium which can be found far better at janeewadeshalwendachrist blogspot which Tom Heneghan has told me many times is very unique et to also tell all to see evidence at NoMoreFraud blogspot et to keep up to date at his myspace.
Results 1 - 10 of about 152,000 for al gore jeff fisher Listening to Rihianna
Umbrella
I am so glad Albert wants her also to sing at Jane's et mine wedding at Wembly Stadium which can be found far better at janeewadeshalwendachrist blogspot which Tom Heneghan has told me many times is very unique et to also tell all to see evidence at NoMoreFraud blogspot et to keep up to date at his myspace.
Results 1 - 10 of about 152,000 for al gore jeff fisher Listening to Rihianna
Umbrella
I am so glad Albert wants her also to sing at Jane's et mine wedding at Wembly Stadium which can be found far better at janeewadeshalwendachrist blogspot which Tom Heneghan has told me many times is very unique et to also tell all to see evidence at NoMoreFraud blogspot et to keep up to date at his myspace.
There's a bit of contradiction in this speech: Does he want to hurry up and pass this ridiculous stimulus plan with the same worn out ideas, or should we debate and try to come up with new and effective solutions??
more debate? time is running out with new job layoff announcement everyday. will the republican party get out of the way or play obstructionism while the economy is imploding and more layoffs everything. if they still don't get while they lost congress and president office yet then this will be final nail on the republican party.
Obama is steering this country toward hardcore socialism. Can you not see this? Sure, personal responsibility is indispensable, but government imposed 'responsibilities' and 'charity' quickly turns into forced labor. The New World Order is upon us!
what paranoia schizo bunch of bs. i don't see force labor in those socialist western european countries(norway, sweden, finland, france..etc). by the way, in case you don't already know. we are already a socialist country(medicare,medicaide, unemployment tax, social security).
This comment has received too many negative votesshow
This evil president makes me sick.
I'm living in a country of idiots.
Someone type in "Rahm emanuel" and click search.
Then realize that if our 2nd amendment rights are infringed then our other rights may also be infringed.
The 2nd amendment is there to protect the constitution. Without it... the other rights will be under attack...starting with the first amendment...the right to freedom of speech.
"Ron Paul Revolution"...type that in too and click the search button.
you're concerned about gun rights when thousands of people lose their jobs every month? Talk economics for now. Why should I fight for my second amendment, when I can't even afford to buy a gun right now? That's unproductive at this point.
If the time is now Mr. Magic House Negro... where is your birth certificate?
The List Grows Longer Every Day: Saul Alinsky, Rezko, Michelle Obama, Bill Ayers, Mohmar Khadafi,
ACORN, Comm. Voters Project, voter fraud, Soros, CAIR, Fannie Mae/FreddieMac, Zbigniew Brzezinski, Sheikh Abdullah Abdi, The New & Improved Black Panther Party, Louis Farrakhan, Palestinian Fund Raising, Raila Odinga, Jeremiah Wright, Pfleger, James Cone, Cuba, Kenya, Africa, Global Poverty Act, Richard Daley, Hor Rod
r u an idioit ... please explaine to me the difference between black people or Obama then white people....if you were a blind pesron their wouldn't be you fuckin retard.
Give him a chance? Does that mean give him more billions of tax dollars to throw away? I don't believe he is capable of getting America up and running again, nothing he has done so far has had a positive effect. So you think he is some sort of economic genius and has all of the solutions to this situation? What experience does he have in dealing with economic issues? What are his qualifications? When will you realize that this guy is not even close to being what you think he is?
MILISA99 2 years ago
You guys are being pathetic... You have to give him some time and just some months. You have to think about what he has to work with and that can't be easy. I'm sick of hearing people saying these things about him because you ain't shit better yourself. Can't you see that he is trying to get America up and running again ? Give the man a chance !
JacobNash92 2 years ago
Where is "ACTION" Obama? some say you're another puppet? lol are ya? he he oh man The ultimate power is your hands! you could do many good things to the world! what the hell r u waiting for? awaiting for approval from who? I don't hear ya? say aloud pleeease!
Jhonnykewl 2 years ago
oba ma
sunshineflag 2 years ago
white man are weak like women and dick less, that's why they are after black man so much. always they got something to say about black people, live u life devil, i guess u don't have one cause u busy harassing people. with all the money u stole ,still u are not happy. just like the devil god described, greedy, selfish and murderer. i feel sorry for u , i would rather be poor than live u life.
bajia3479 2 years ago
One
Big
Ass
Mistake
America
yingyangboy89 2 years ago
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I never realized how fucking stupid democrats really are, they have really brought their intelligence to light the last couple months...That stimulas bill just put us further in debt. Everytime I look up a news story more of our freedom is being removed. The enviro idiots are out of control.We are becoming prisoners in the name of homland security. Thanks a bunch people for voting for change. Welcome to the ASSR-- American Social Socialist Republic.
avionicswirenut 2 years ago
Change huh? Yea right. Nice slogan. Sorry you you can't live up to it. A few weeks into office and this guy is already a joke. The worst president ever, Jimmy Carter, must love this creep. This idiot make Bush look good
flyers22 3 years ago
Yes we can! But we won't!
whitadow 2 years ago
> Barry, nobody trusts you now that they see how incompetent you are.
> Add to that your long list of unsavory associations....
> Geithner, Richardson, Solis, Holder, Daschle, Ayers, Wright, Blagoyevich ....
> Step down now, sir and let a more caapble person take office!
BLCalifornia 3 years ago
Faliure created by narcissistic leadership.
Leadership narcissism and in private and public/gov has caused all of this.
willingtorisk 3 years ago
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Bush used SCARE TACTICS then WASTED $350 BILLION of your money giving it to FAILED BANKS and rebates but NOTHING HAPPENED!
Now Obama uses SCARE TACTICS and wants to WASTE $850 BILLION MORE giving $5.2B to ACORN, $50M for Art, $126M for afterschool snacks?? WTF?
Why not give money to people directly instead? Each Family would receive over $20K wouldn't THAT be a BETTER?
Too bad YOU"LL NEVER see this money but your GRANDKIDS GET TO PAY FOR IT!
SPENDING $850B is FUCKING RETARDED!n
NewChristianSoldiers 3 years ago
Fight to stop this trillion dollar stimulus!
nostimulus
Call your Senate office the switchboard number is 202-224-3121. go on line and get the number for your senator's local office in your home state.
DO BOTH!!!
"No Stimulus"
These calls matter!!!!
PleaseActNow 3 years ago
Yer a bit late, I've been doing all that since Dec.
Geographer76 3 years ago
For chrissake, can we please just impeach this walking tape recorder now???
He offers nothing different than Bush, this is absurd. Bush = bailouts and pro-Fed Reserve; Obama = bailouts and pro-Fed Reserve. Only difference is the Obama sheeple are a little more blind in their allegiance and everything will get approved, and the ass-raping of all of us will continue.
Thank you McBama voters, thank you for 4 more years of the same shit :(
mbear14 3 years ago
This economic crisis is so much more complex than be portrayed by the media. President Obama is trying to use this package as a 'first step' to confront this massive situation. No package is perfect. However, inaction isn't an option!
lovejangie1 3 years ago
TARP, the plan that the Dems are selling us is actually misspelled. It is actually T-R-A-P
(T)otal
(R)ipoff (of the)
(A)merican
(P)eople.
Geographer76 3 years ago
HAha, i love it!
mbear14 3 years ago
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Fucking BULLSHIT! Fuck you Democrat and Republican CRIMINALS!
What gives YOU the right to steal our money through taxes then waste it all THEN have to BORROW over a TRILLION DOLLARS from CHINA to WASTE even MORE MONEY! FUCK YOU MOTHERFUCKERS!
Americans need to go to Washington and BURN the whole fucking place DOWN TO THE GROUND!
It's because of your greed and ignorance that brought us to this point NOT the American peoples!
STOP TRYING TO BUY US OUT OF YOUR OWN MESS!kl
NewChristianSoldiers 3 years ago
Swedish police uses the "N" word in police academy and for fun. See the article in Swedish newspaper by Google; Övade med Niggersson
Fadjiiii 3 years ago
And they got to keep the job!
Welcome to the Police State!
borcer 3 years ago
In other words, in 2007, the top 50 hedge fund managers looted their companies--with their compensation-- and made off with $100 BILLION dollars. IN ONE YEAR! Hedge funds were a relatively new entity in the late 1990's and have grown from a couple hundred firms to more than 10,000 firms in the past ten years. If these figures are the compensation of 50 firms, what about the other 9500????
Scoppertop 3 years ago
PART 4: "With their bailouts, the Federal Reserve and the Treasury Department -- essentially trying to make up for the looted funds -- stepped in to cover the losses that should have been covered by the equity that the managers had looted."
The Bailed-Out Bankers need to find their own money offshore and return the TARP money to the Treasury.
Scoppertop 3 years ago
PART 3: "In effect, the outsized Wall Street compensation packages represented a looting of the equity that should have been serving as reserves to cover potential losses from the risks inherent in their high-stakes bets. When the bets started going bad, the firms whose equity reserves had been looted went into default.
.
Scoppertop 3 years ago
PART 2: " In 2007 alone, the fifty highest-paid private investment managers walked away with an average $588 million EACH in annual compensation -- 19,000 times as much as an average worker earns. The top five EACH took home more than $1.5 Billion."
Scoppertop 3 years ago
Senate announces that they are ready to pass the Crapulus bill. Govt is pushing hard than ever to send us straight into a depression.
parisrai 3 years ago
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PART 1: Here's a quote from David Korten's new book, "Agenda For A New Economy" that will floor you:
"Because they (hedge fund managers) rigged the system to pass the risk to others, the managers who made the losing bets walked away with impressive fees collected during the good times and left to others the messy work of sorting things out when Wall Street's sophisticated version of a Ponzi scheme collapsed.
Scoppertop 3 years ago
Our entire economy is a Ponzi scheme through the willing particiapation of our elected servants.
DrunkenPublicness 3 years ago 2
It's not just us... the IMF and World Bank have spread this Ponzi scheme throughout the world.
Scoppertop 3 years ago
Comment removed
Scoppertop 3 years ago
The stimulus bill is a complete ripoff. No stimulus, just PORK!!! No jobs, just transfer of wealth away from those who do create jobs to government's pet projects. If these projects are worthy, they should be able to stand on their own without our president lying to us about what his bill is intended to do.
voiceofintelligence 3 years ago
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Fuck Obama is a real Piece of Shit!
Obama obviously doesn't give a rats ass for our military or their families. watch?v=_cwZjvQPZEY
I saw another video of Obama getting on his helicopter Marine One and he stopped to shake the hand of a Marine.
That Marine should have knocked Obama the fuck out Obama right then and there!
Piece of shit Obama;
NewChristianSoldiers 3 years ago
Does giving someone a painkiller for a broken arm fix the problem?
or
Will reaching into the future and getting that tax money and bringing it back to today so that we can spend it now - fix the problem?
If Yes, you are for the stimulus
If No, you are against the stimulus
It's not a Republican or Democrat thing, it's a debasing of the currency thing. It's an illegal tax without representation thing.
It's a - the more you have, the less it's worth - until it's completely worthless - thing.
abcinstaller 3 years ago
Google "Man of Action" and you'll find Barack Obama.
Google "Man of Action"+Mussolini
and you'll find The Doctrine of Fascism
This is not a coincidence.
thomaserossi 3 years ago
What is pork in this package?
All I see is money to help ordinary folks.
TorresD 3 years ago
Republicans say nothing when we bailout wallstreet frauds, BILLIONS OF TAXPAYER DOLLARS., and the 10 billion to Iraq each month.
But think:
They opposed loans to our manufacturing Car industry, ( a fraction of money)
Now they oppose stimulus to our own country, for us the people.
smilingseal 3 years ago
Quick! Before they figure out the scam!
FBHO.
VerbotenDingleberry 3 years ago
Its time for action but not the wrong action. Our chicken little president is so full of doom and gloom. If this porkulus bill passes were dead. These fools have designed a big government money spending spree. This is designed to grow the government not get people back to work. This money has to be paid back and we don't make anything in this country anymore. Thanks to the democRAT party and their NAFTA. This is just liker FDR's new deal. It didn't work then it won't now. DEPRSSION TIME!
micsc50 3 years ago
TO ALL CONGRESS( dems and reps )
most americans sweat, and work for a living. builing things. on projects in our communities, laying concrete, hammering, painting, welding, etc.
WE WANT THE STIMULUS BILL PASS.
We want the money back in our communities so we can bid, and get to work!!!
SO PASS THE FUCKING BILL NOW !
I dont care if I paint the Museum of modern arts, of the little house in the praire, JUST WANT TO WORK!
"PASS THE FUCKING BILL"
smilingseal 3 years ago
if you are so confident then move on without the republicans...you don't need their vote.
democrats can't get anything done even when they have all the power!!!!!!!!!
PatricksTime 3 years ago
If you want action STOP TRYING TO PLEASE REPUBLICANS seriously it is like getting a child to eat his vegetables.
Joe402 3 years ago
Sounds familiar to Bush, doesn't it? I don't think our situation has changed, or will change.
dedebiren 3 years ago
gonna get worse!
PatricksTime 3 years ago 2
"A failure to act, and act now, will turn crisis into a catastrophe."-- President Obama, Feb. 4.
Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared "we have chosen hope over fear." Until, that is, you need fear to pass a bill."
Don't let Obama scare you into socialism. He wants your childrens money for his own power grab. Don't let him have it.
RonFella 3 years ago
The democrats and republicans are killing this country. It's disgusting as they play people against eachother with partisan politics while they both rape the daylights out of the american tax payer. END THE FED!
eekdog2005 3 years ago
Out of control washington spending, is not change.
Half of govt not paying their taxes doesn't give us hope.
mosh0r 3 years ago
FBHO.
VerbotenDingleberry 3 years ago
You voted for him now take your lumps
crackwhorebaby 3 years ago
I find it flawed logic to think that more tax cuts are going to help the current situation. Tax cuts will mostly be invested in things that will help the economy by the wealthy, for whom this income is disposable. The people suffering will pay bills or buy essentials. Tax cuts are counting on trickle down economics to work. The problem is that, with globalization, those dollars will be spent overseas where they will stretch further. Why open a factory here when in Asia labor is $4 an hour?
hempec 3 years ago
runman1271 3 years ago
Very true indeed.
utubefavorsdems 3 years ago
Yes, very true for GOP propaganda. OoC, YouTube favors Dems because the right-wing has always been the minority in the world... 37% of registered voters in the US. And falling.
Scoppertop 3 years ago
Way to change it up Obama. I think i heard these same speeches before. I remember the last time a "stimulus" package was passed too quickly. Did it really save us? It just bought us a few months
Don't tell us it has to happen now. I think the US public is slowly getting wise to this flawed argument of "NOW OR NEVER"
Passing a flawed bill will have the wrong effects. It's like taking your car to a mechanic because your toilet broke. You'll spend money, but you still have a broken toilet.
atx598 3 years ago
Keeping our troups in Iraq cost billions. Send other troops over seas cost billions.
Seems like the military industrial complex has once again bought a president .
welrdelr 3 years ago
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Obama's SCARE TACTICS won't work to convince us that this "Stimulus Package" is nothing more than a waste of taxpayers money!
If the banks refuse to loan then screw them! Why is it that I just got a car loan from my local bank but the international banks like Bank of America and Citigroup refuse to loan money?
Is it that these banks have ruined themselves and are now holding us taxpayers hostage demanding us to bail them out for their own stupidity?
Fuck THEM! Close your accounts!!
NewChristianSoldiers 3 years ago
America needs to unite. Stop whining and help your country. Watch my video(hd) and let's stand together. Thanks.
BillyCronin822 3 years ago
Which means just go with the flow? Sorry, that's not what Democracy is about.
zzx2847 3 years ago
What happened to the great uniter? What happened to bi-partisanship? This guy is a dictator just like Bush.
y2knoproblem 3 years ago 2
Anybody that thinks Obama is a facist has drank too much of the talk radio sour apple Kool Aid and is now pissing green with envy...and is full of worn out ideas.
capricorn83 3 years ago
This bill is not ready. Obama is taking a page out of the George Bush playbook. Scream that it is an emergency and we have to act right now without thinking things through. Rohm Imanuel said never waste a crisis. This bill is not ready!!!!
chinacat22 3 years ago
The new version is so full of pork it has gone from 700 billion to 800+, now to over 9000+ billion.
over 200 billion in pork projects alone.
A crap load of bridges to nowhere.
ANGLEBOOT 3 years ago
Not say Obama got us wehere we are at, but as a senetor he did help it.
He is push for a fast signing of the bill, not to help the country, but for what all is in the bill. 90% has nothing to do with the stimulating the economy.
but more government control over peoples lives.
There are over 300 billion in just studies alone. People he picks to do these studies will be getting the money.
Go read HR 1 in full text, it's 647 pages. The new version on the floor now is over 1000 pages.
ANGLEBOOT 3 years ago
This shows the AP bias as the justification for his comments in this speech can be found in the next section but was cut out.
In effect, Obama expressed his outrage that the same people that voted in the policies that caused this mess are shamelessly pushing for more of the same. More poison is not the cure.
iserlohn 3 years ago
while everyone wants to judge President Obama so harshly, what you seem to have forgotten is that he didnt create this mess. That bastard bush that you probably voted for is responsible for this mess. President Obama is trying correct this. That bastard left the worst possible situation when he bailed out and took his retarded ass back to Texas. Don't blame President Obama for the mess that's here, because HE DIDNT MAKE IT. Ungrateful bastards.
diah4 3 years ago
shows how much you really know. Most of the policies that were the main reason for the cause were put in place under Clinton. Many inwhich are state in those bills say they can not be changed fro "x" amount of years.
Same for the HR1 Obama is pushing. Some of the policies he is pushing state that can't be changed anywhere from 11 years to 25 years. or just give a date of like 2016 ect...
once signed that's it. That's is how it will be be till 2016.
Go read HR1, full text stimulus bill.
ANGLEBOOT 3 years ago
MAN OF ACTION!!!
Do a Google Search on Mussolini Man of Action
Liberals are now wearing their Fascism on their sleeves. Read "Liberal Fascism" by Jonah Goldberg. None of this is new. Modern Liberals are the heirs to the Fascism ideologies that founded it.
Do a Google Search on Mussolini Man of Action
I dare anyone who pretends to know. Because pretending to know is now en vogue. Why not read up and actually know for a Change? After all, isn't this supposed to be about Change?
thomaserossi 3 years ago
say what nigger
mettdude 3 years ago
your ignorant
diah4 3 years ago
and why is that? cause I have a sense of humor and you dont?
mettdude 3 years ago
i dnt give a shyt about the Economy , i got my job and i aint gettin fired. As long as we gota fkin great ass President , all this mess started with President shoe ass Bush!
Yankeesx06 3 years ago
Prime example of why politicans are in office. To steal money from YOU and give it to the people that voted them into office. The Republicans and the Democrats differ only in who they give money to. They both agree that it is ok to steal and spend your money. Why do you keep putting up with this? The United States peaked in the 50's. If we stop spending money we don't have now and live within our means, our grandchildren might have a chance. Good Luck to you.
johnson297 3 years ago
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What's the big deal? Paying Taxes is VOLUNTARY in the U.S.
In fact Harry Reid says that paying taxes is voluntary in this video watch?v=R7mRSI8yWwg
I don't like what governments doing so why they HELL would anyone want to financially support it?
FUCK Government! Fuck Congress! Fuck the Senate! Fuck the House! Fuck Obama and his criminal regime!
All of these politicians are tax cheats and criminals and they should all be hanged in front of the Whitehouse!>
NewChristianSoldiers 3 years ago
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Barack Obama is a complete and utter failure. I made a big mistake by voting for him, even the God Damn French think he's crazy. Its going to be a long 4 years.
onerpone 3 years ago
Obama is just scaring people into getting the bill put through. Catastrophe coming soon unless we spend this money now! Hurry we gotta spend money that we don't have to save our jorrrbbbss!
Nauthiz666 3 years ago
Barack Obama is a complete and utter failure. I made a big mistake by voting for him, even the God Damn French think he's crazy. Its going to be a long 4 years.
onerpone 3 years ago
Has any news organizations looked into the affairs he's been having with other women?
C0ct0pussucks 3 years ago
Sounds like he's still campaigning, because there's no substance to this speech.
PragaSong 3 years ago
a couple of months ago they took action and gave a billion to the banks, did it help? obviously not. Now if they take action stealing your money to give it to the company's will it help? Maybe a few months but NO it will not help you in the long run it will put you further down drowning in debt. Good Luck with your corrupted government
MadeinUniverse 3 years ago
Sorry a trillion not a billion, I never used the term trillion before so its new to me ;)
MadeinUniverse 3 years ago
Million, Billion, quadzillion, Obama does not care, he wants what he wants and he wants it NOW . Obama is an idiot and we must oppose this lunacy.
Contact your reps and tell them to vote NAY .
shitzulovey 3 years ago
This is not the speach I saw on TV. Why did you cut out most of it? I know why, because it was mainly his campain speach pre-election. Each time he needed a huge clap he would Bush-bash. Yet he says it's time to move on... I didn't vote for him, but he is now my president and I respect him, and he needs to get off of the campain trail and accept reality. It's time to cut the puppeteer strings and start doing what he promised.
iretardid 3 years ago 2
Obama is attempting to double down on failed policies of the past.
The only thing that he can do is cut Taxes and the REPIGZ should know this ... He's really starting to look ignorant.
dustynbones 3 years ago
Things are going to get A LOT WORSE either way. This crisis has been building for decades.
The US should save our money and encourage people to do the same.. not just mindlessly keep spending and creating credit in the directions that got us here. If they are going to buy anything resembling pork, should not be putting it into stuff like golf courses and marina decorating as a way to "create jobs". Stuff that will have lasting, longterm, strengthening effects.
manufacturing, energy, science
giganticbeast 3 years ago
Financial experts like Peter Schiff have the right idea. Not Summers and Geithner.. those guys are right in the middle of the policy (ie repealing Glass Steagall--btw.. reinstate it!) that helped get us into this mess.
giganticbeast 3 years ago
Our reps are doing just what they are elected to do. FIGHT the liberal agenda, and as you can tell its a full time job.
idahotandj 3 years ago
Republicans better tell their reps to WAKE UP! Do they think that the numbers are too 'reality based'? Do they feel better when Rush "Oxycontin" Limbaugh sets the agenda via dittoheads?
WAKE UP!!! Don't let a bad situation get worse.
Matericia 3 years ago
wonderful speach the bill repubs want stinks small buis cuts for not selling anything no jobs there screw bipart when they dont care anyway or know anything about economics as they had there chance bush thats right republicans & bush
starting a war over a baseless argument
bringing a gov in surplus into more national dept than any past presidents put together.
letting economic boom under democrat pres Clinton become an economic catastrophe
I have had it we voted change not the past
theroys 3 years ago
GO SOCIALISM. Give me my condoms because I don't know how to keep it in the pants and I need the government to tell me what to do =D
wyattnorth54 3 years ago
You guys are all so well-informed and I really value your insight.
orangehippo00 3 years ago
There is no REPIG Senator worth spit or have a backbone to stand up and filibuster the psychopath's plans to destroy the USA monetarily from within.
All that you can legally, morally and ethically do is cut Taxes to stimulate the economy!
Failed Wall Street Institutions & Businesses need to be investigated and audited for malfeasance with seizure of their assets if found liable.
There is no such concept called "Free Trade" allowed in the US Constitution as a matter of a fact it's prohibited.
dustynbones 3 years ago
Every 15 months, the USA owes another trillion dollars against Gov expenses!
Prop up the bad guys with money!
Reward the mistakes & incompetence!
Weve increased the Money Supply 70% since October!!!!!
Can you imagine?!
Bernanke refused to show up the other day before congress
Altogether, the worlds markets over the past four weeks saw $11 trillion worth of assets wiped out. This sum corresponds to virtually the entire annual gross national product of the US, or the European Union
sugarpuddin88 3 years ago
We must act -NOW- before anymore of the pork and political payback in this bill is revealed to the American public! The -best- thing our government could do about this economic crisis is nothing at all. Let the bad debt get liquidated and the market correct itself. Government isn't the solution here... government is the problem.
h0peandchange 3 years ago
the market does not just "correct" itself
checktheemails 3 years ago
Yes - The bad guys have to file bankruptcy; the good guys are rewarded with new market share
Which is the best for the economy over all
However, the US Government rewards the incompetent guys - So in the long run, like TWA, the auto industries, banks, insurance industry, will be weak on the global market!
sugarpuddin88 3 years ago
I have to ask, to what school of economics do you subscribe to reach this conclusion? Government interference (ex. Fannie/Freddie) is what got us into this whole mess in the first place. These liberals aren't going to quit until we have a stagnant, socialist economy like most of the EU with double-digit unemployment as a norm.
h0peandchange 3 years ago
what do you suggest? cut taxes again? Bush did that for 8 years and look where we are. Something more need to be done than just cutting taxes. We have already been doing that for 8 years and look where we are.
ShutterCal 3 years ago
I'm not some partisan hack, as you seem to assume, and certainly not a Bush supporter. Bush didn't go far enough with his tax cuts and above all, he failed to reign in government spending, even with a gop congress (until 2006) on his side.
That aside...The fact is, there's a time and a place for frivolous spending on frisbee parks, waterslides, etc... Everybody's in a panic and politicians are taking advantage and stuffing this bill with so much garbage that it's starting to wake the sheep.
h0peandchange 3 years ago
Obama will fail America in 2009. Please don't say that Bush already failed America! The last time I checked,Obama is the president now.
utubefavorsdems 3 years ago
Yes Obama is president now, but this problem existed before he became president. Last time I checked, Bush was the president on September 15th, 2008 when the stock market crashed.
njb444 3 years ago
Long reign Barack Hussein Obama, tax everything and give me a few free condoms
subuckley 3 years ago
Gimme a Break!
Obama said on the platform that he is going to TAX capital, at a time when the world is desperately short of capital (What a genius!); and then he is going to institute protectionism
Protectionism helped lead America into 1930s depressions & created weak industries like the old TWA airline & todays non-competitive auto industry!
Protectionism & Taxing Capital will bring down the American House of Cards!
sugarpuddin88 3 years ago
he is essentially bribeing the companies to keep the jobs, and then controling the companies with that money.
this is not what government is for. the government should keep its hands out of the free market, it cant even run itself, our sec. of treasury is a damn tax cheat
cliffhanger25 3 years ago
What? Hun? Did Obama say something?
Did somebody hear Obama say something?
Nope, other that the US Congress needs to investigate and audit failed Wall Street Institutions, Treasury and the Federal Reserve and seize their assets if they're liable for malfeasance.
That's about all that I heard.
dustynbones 3 years ago
Yes.I want to know where his birth certificate?Nothing to hide ha?Well it's politics as usual.You appoint people who think they are above the law that WE ALL have to follow.You say change,change,change.How can people not see you are just like all the ohers?Corrupt.Our country is falling apart .How can idiots keep voting for Barney Frank,Harry Reid,or John Kerry?These people are the problem.They are corrupt.Letsvote them all out.
ellishobbs 3 years ago
They're getting nervous that what is happening in Europe may start happening here. They are rioting in Russia, Bulgaria, Lithia, Lithuania, Ireland, Iceland, France and Greece to name a few.
sgeo2008 3 years ago 3
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i have one thing to sat to you nigger
DIE
1am1tach1 3 years ago
lol he is the trinity. He claims he is catholic, and his frist name is JEWISH (surprised noone ever picked that up) and his middle name is MUSLIM (which we all know). Its just so wierd to me
xStryfx 3 years ago
Lots of names are Jewish - Jonathon, Paul, Joseph, David, these are all Jewish names adopted by Christians. What is your point? Why does your name determine your religion anyway?
squigglesy 3 years ago
because you just showed me that. Some names you claim as jewish are actually muslim names too ^_^ i was just saying. Your just going to it a little more.
xStryfx 3 years ago
so?
saipanner 3 years ago
just saying ^_^
which the media was like you, cause everyone made it seem to be a bother.
xStryfx 3 years ago
Ok, I heard talk. Now what's the action, lol. Stupid news companies cutting videos short.
psburns87 3 years ago 3
George W has virtually ruined America! But Obama is the best man for the job of fixing it again! Go Obama! : )
winterstellar 3 years ago
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even if that faggit ruined america, the nigger wont do shit.... i hope he gets assaisinated
1am1tach1 3 years ago
You hope he gets assassinated, but you don't have the balls to do it yourself. Obama has the balls to stand up like a man, while you bitch on youtube like a pathetic shit.
squigglesy 3 years ago
AMEN....
omarhea1 3 years ago
Ron Paul is the best man for the job. Obama is just more of the same.
eurohim 3 years ago
At 1:21 he says "crisis COULD turn into catastrophe." Yes Obama but it also COULD NOT. You're arguing a negative and fearmongering. The government so far hasn't proved it's actions have positively affected this crisis, though evidence shows that a lack of leadership in Washington has allowed people to be swindled over the last 5 years or so. You were a part of the Senate and voted for plenty that helped create the crisis Mr. Obama. Some of us recognize game sir!!
FranG1214 3 years ago 6
I think calling the card on his Birth Certificate instead of Impeaching him would save the Tax payers a good amount of money.
4U2TakeBackAmerica 3 years ago
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LoveAmericaStyle 3 years ago
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Obama is such a God
WKaliber1 3 years ago
damn, your dead serious aren't you?
spydat3k 3 years ago 2
as a black man, you should agree
WKaliber1 3 years ago
Wow. He's really being bold and putting his balls on the table.
tucciproducer 3 years ago
you have got to be kidding me?
spydat3k 3 years ago 3
There's a bit of contradiction in this speech: Does he want to hurry up and pass this ridiculous stimulus plan with the same worn out ideas, or should we debate and try to come up with new and effective solutions??
ucnews 3 years ago
more debate? time is running out with new job layoff announcement everyday. will the republican party get out of the way or play obstructionism while the economy is imploding and more layoffs everything. if they still don't get while they lost congress and president office yet then this will be final nail on the republican party.
nghivu 3 years ago
Obama is steering this country toward hardcore socialism. Can you not see this? Sure, personal responsibility is indispensable, but government imposed 'responsibilities' and 'charity' quickly turns into forced labor. The New World Order is upon us!
igystrvigy 3 years ago
your on point, keep it up.
spydat3k 3 years ago
what paranoia schizo bunch of bs. i don't see force labor in those socialist western european countries(norway, sweden, finland, france..etc). by the way, in case you don't already know. we are already a socialist country(medicare,medicaide, unemployment tax, social security).
nghivu 3 years ago
Why the hell is Obama talking about job losses, and stimulus packages at the energy department!? C'mon now, this is ridiculous!
jehnubis 3 years ago
It all ties in....new energy plans=new jobs...
Clacci34 3 years ago
Bush really ran this country into the ground... he needs to pay!!
ThinkingLeft 3 years ago 8
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You are right Obama needs to pay for BUSH's mistakes
Docthewrench 3 years ago
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This evil president makes me sick.
I'm living in a country of idiots.
Someone type in "Rahm emanuel" and click search.
Then realize that if our 2nd amendment rights are infringed then our other rights may also be infringed.
The 2nd amendment is there to protect the constitution. Without it... the other rights will be under attack...starting with the first amendment...the right to freedom of speech.
"Ron Paul Revolution"...type that in too and click the search button.
alex3914 3 years ago
Bush was an angel.....
Clacci34 3 years ago
you're concerned about gun rights when thousands of people lose their jobs every month? Talk economics for now. Why should I fight for my second amendment, when I can't even afford to buy a gun right now? That's unproductive at this point.
saipanner 3 years ago 2
ok, go give your gun up for food.
then when it goes down, dont ask why, just submit.
boot licker.
spydat3k 3 years ago
may be one can eat gun and bullet in place of food.
nghivu 3 years ago
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first
gay121488 3 years ago
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If the time is now Mr. Magic House Negro... where is your birth certificate?
The List Grows Longer Every Day: Saul Alinsky, Rezko, Michelle Obama, Bill Ayers, Mohmar Khadafi,
ACORN, Comm. Voters Project, voter fraud, Soros, CAIR, Fannie Mae/FreddieMac, Zbigniew Brzezinski, Sheikh Abdullah Abdi, The New & Improved Black Panther Party, Louis Farrakhan, Palestinian Fund Raising, Raila Odinga, Jeremiah Wright, Pfleger, James Cone, Cuba, Kenya, Africa, Global Poverty Act, Richard Daley, Hor Rod
starcatcher7777 3 years ago
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THANK U SO MUCH ... someone finally says that obama sux ass nuts..... u hate negroes rite?
1am1tach1 3 years ago
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1am:
No, I just hate Obama! And Muslims and Socialists :
I think SCUM fits the bill when it comes to Obama and his "Friends"
starcatcher7777 3 years ago
r u an idioit ... please explaine to me the difference between black people or Obama then white people....if you were a blind pesron their wouldn't be you fuckin retard.
smelkos 3 years ago