not sure what to say except i am sure all presidents including Reagan went out for beers as well but wasn't public knowledge i really so not even see why this is news worthy..he's a guy we discuss stuff over beer :) welcome to reality
Dublin has to be the most boring and morbid town in the world and people who live there just dont know life or there own self worth its like a prison because almost every bar and food store has arrogant polish security gaurds on them and everyone judges you for simple things like the way you dress act behave walk and talk its SICK get the fuck out and live your life . You cannot express your true self in Dublin because the culture is so extremely different to everywhere.
@OBAMAisHalfCaste if you really want to experience true irish culture the last place in ireland you'd want to visit is Dublin. Dubliners are a shame to the irish, plenty of other places to go like Cork or Waterford etc
@poppenlol Fuck you Dublin is great and its better than waterford and all that crap in the middle of nowhere. your obviously not from Dublin since you dont know the potentical it holds
What's the big deal? It's only a pint; It's not like he just got a phonecall from a man on the moon or did anything which has any real merit. Its Ironic that the company who own's Guinness(Diagio) announced that they are planning to fire up to 400 people from their marketing sector just a day after this happened. It's nothing to do with Obama, however it makes you think that are all these visits and speeches acomplishing anything or are they just diversions and sugar-coatings.
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the FIRST thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank. " - Barack Obama Campaign Promise - October 27, 2007
If they love him so much, they can keep him. Did you hear the one about someone filing forgery charges on BHO/Soetoro for the phony long form BC? Can't wait for the punch line...
@SteveFusionX so just leave an inhumane dictatorship in place then? good thinking. Why don't you stop jerkin' off online, get out and make some decent contribution to a complex situation instead of spouting generalisations. Nice one.
@SteveFusionX Funny you referred to the media there, I'm actually a journalist by profession. I admit I should have been clear on the dictatorship aspect. Research is flawed, there is no such thing as objectivity. If you're looking for a certain angle, you'll be able to be cautious with the truth and omit actualities which don't suit your agenda. This is not an attack on you my friend. You are entitled to your views and I respect them. I was just debating an argument. P.S. fix your grammar.
As for my "agenda"? I wish to see peace on earth in my life-time and an end to the killing of innocent people in countrys which have absolutely NOTHING to do with us (except for their oil-rich lands).
I also want liars and murderers like Obama exposed for their war-crimes.
His great, great, great grandfather huh?...didn't know this idiot was Irish...Now we don't have to be the only country embarrassed by this moron. Ireland can join the club too!
its funny how when obama drinks a pint in ireland, everybody goes all political haha rarely have i heard anyone talk about politics in a pub in ireland xD
must of been drink driving:) seen a clip of obama mobile in england get stuck:) they hadda cut there visit short due to icelandic volcanoe:) that vid if anyone can find it president car getting beached be funny after this:)
Much like the entire republican party, there are those who still hate O'bama. We all know why, come out and say it, haters! He is a good man, and there are those who entire life it is to prove he's corrupt. It hasn't been done yet, so I say to all you haters, get on the O'bama train or get the hell out of the way. 2012? In the bag!!! I'll be laughing at you all....I've been laughing at you for 2 years now!
why do you yanks not carpet bomb the shankhill road if your sooo big on terror around the world, i grew up in the uk with the threat of terrorist bombs. As soon as you got two buildings bombed you were all against it, even though you sent money too the ira!
I understand that the Irish government is having some financial problems. A wee bit socialist are we? Just like the jester "O"! No wonder so many Irish like him. He's trying to socialize America.
@rocketpropulsion Hes hardley a drunk now haha, hes enjoying himself and relaxing, he has the most stressful job in the world cut him some slack. this trip was a personal and emothional one for him, shouldnt everyone have the right to visit there ancestors and to know where you came from? i love obama EVERYONE VOTE OBAMA 2012 <3
@John1962R Hey Boot-Licker! Obama can visit Ireland but not at the expense of the Amnerican taxpayer. There is no other reason for him to be there othere than wasting tax dollars. Ancestry? He doesn't care about his 'white' half. He's said that if it was up to him, he wouldn't have it.
@herpfreakuk Not being racist or anything at least you got the joke the abuse i got from people saying this was so weird!!! i mean now really would you see a black guy in an irish bar with his white mates i don't think so!!
@herpfreakuk The abuse i got from people, at least you got the joke not being racist but you wouldn't see a black man drinking with his white mates in an irish bar!!! well i havent so far anyway!!
@TomAraya23 So?. What shithole do you come from? Cuz I bet it's far more shitty than beautiful Dublin - A city that was a muse for so much great art and literature.
LOL! He's losing the minorities and young people due to his imbecilic destruction of America’s economy, he wants to be re-elected so he can continue the destruction but even the weak minded libs/socialists are finally waking up to his COMPLETE and total incompetence! So what is his solution? HE IS NOW IRISH!! He wants the Irish vote! Tell me O’Leary, are you stupid enough to fall for this steaming pant load from this BUFFOON?
@leestauf He has roots in Ireland, they have been proven. He's no less Irish than any other Irish-American. As for destruction - George Bush left your country in mass debt. Don't lob all the blame on Obama.
@leestauf Why, when people try to attack politicians (on any side) do they use ridiculously over the top phrases like "COMPLETE and total incompetence!"? All that happens is that they lose what credibility they might have had and become part of the cacophony of dull-witted white noise. If you're criticizing a buffoon, try not to act like one.
@greyztone Why? Because they are all very applicable words for this disaster! Face the facts if you truly know them. By the way, I understand that the Irish government is having some financial problems. A wee bit socialist are we? Just like the jester "O"! No wonder so many Irish like him. He's trying to socialize America.
@leestauf Again with the nonsense. An obviously slight shift to the left in global and historical terms and "he's trying to socialize America!" More white noise. Yes, I am a 'wee' bit socialist - I think it's a good thing that the US has finally caught up with the rest of the civilised world regarding health care for instance - but I'm generally quite moderate. You however are obviously so staunchly conservative that anything even slightly to the left is a RED SCARE!!!! And I'm not Irish.
@greyztone Slightly socialist? Caught up with the rest of the world? How are those socialist countries doing now? The more socialist they are, the worse shape they are in. How are Greece, Portugal, Spain doing? Whose money is in the main, bailing them out? Why, it's the money from the evil capitalist American taxpayer! The soicialist countries are now exactly where capatilists predicted they would be 50 years ago. BROKE! OUT OF OTHER PEOPLES MONEY! And you think we should catch up to them?
@leestauf "Whose money is in the main, bailing them out? Why, it's the money from the evil capitalist American taxpayer!"
No...its money from Germany and other EU countries. By the way.. Germany is more socialized than America and they mange to have a stronger economy.
Yes..I know that doesn't fit your narrative. So fell free to continue to let your ideology trump reality and to make statements that are demonstrably false.
@givethemahand The U.S pays about 20% of the IMF funding. How many countries are there in the world? Germany is in desperate straights. Better check your sources fo accuracy.
Germany has a stronger economy than we do by most measures (lower deficits, net exporter, rising standard of living, retention of high wage industrial jobs, nearly universal healthcare). They were a guarantor of the Greek bailout.
And, Im pretty confident of my sources.
My sources are the New York Times, The BBC, The blog of a PHD economist, oh..and my son who LIVES and WORKS in Germany.
@leestauf Wow, even more hot air. You really think universal health care in America is going to cause a Greece-like crisis? Really? This is what I'm talking about. Point to the very worst mismanaged example of welfare and declare that SOCIALISM IS EVIL!
Remember the banking crisis? Where the taxpayer had to bail out the banks? Well, LET'S ALL BE COMMUNIST BECAUSE CAPITALISM IS EVIL!
OR let's be moderate and mature in our approach to things. Instead of bleating on like complete morons.
@greyztone You can't seem to defend socialism with any facts. It's you that is blowing hot air. It's you who bleets like a complete moron. The origination of the banking crisis was a left wing congress forcing lenders to give loans to unqualified buyers. Ever hear of Fanny or Freddy? I doubt that you know enough to be aware of what I speak of. Why don't you give me an example of a succesful socialist country? Succesful for more than 50 years that is. It takes that long to spend all the cash.
@leestauf I am aware, thanks. I'm also aware that deregulation, massive economic inequality and self-serving market practices played just as much of a role. But you're not about a balanced view are you? No, it was ALL down to a left-wing congress.
Can I make it ANY MORE CLEAR that I'm not pro 'socialist countries'? Is your head set to black and white? Europe is full of successful countries with long-standing welfare and universal healthcare that have put the 'can't pay, can't live' US to shame.
@greyztone The Wall Street Journal has an excellent article on line proving you and your sources are incorrect. The U.S will be paying more than18% of any bailout. If you begin by assuming the opposite of what the new york times says on any subject you will approach reality. I have an open view, but that view tells me that if the liberal government had not only allowed, but demanded that unqualified buyers be given loans, economics would have prevented lenders from giving them. Then no collapse!
@leestauf "if the liberal government had not only allowed, but demanded that unqualified buyers be given loans, economics would have prevented lenders from giving them.Then no collapse!"
There were about 300 billon in non performing loans in 2007 with about half to "unqualified buyers". Then unregulated criminal bankers leveraged that into 3 trillion in bad paper (knowing it was bad) crashing the economy.
Question: Which is bigger,150 billion or 3 trillion?
@givethemahand Obviously the congress is mainly to blame by getting the ball rolling to begin with. Do I have to say again that if they hadn't REQUIRED lenders to make loans to the unqualified that the whole ball would never have started rolling? Yes corrupt people took advantage of the situation, a situation that would never have been possible if the likes of Carter and Barney Frank had not meddled in private finances unconstitutionally. This is exactly what feel good socialism gets you.
@leestauf " Do I have to say again that if they hadn't REQUIRED lenders to make loans'
Yes, thats what you have been told. You refer to the CRA guidelines. The following is from an article by Robert Gordon in the American Prospect (one of those lefty publications). The article deals with the historical record, instead of talking points, so it may make you uncomfortable.(continued)
"Did lenders approve bad loans to comply with CRA, or to make money? The evidence strongly suggests the latter. Consider the timing. CRA was enacted in 1977. The sub-prime lending at the heart of the current crisis exploded a quarter century later. In the mid-90s, new CRA regulations did lead to a flurry of CRA activity, but, as noted by the New America Foundation's Ellen Seidman (and by Harvard's Joint Center), that activity "largely came to an end by 2001. (continued)"
@leestauf (continued) "In 2004, CRA was weakened, releasing most banks from CRA. Yet sub-prime lending intensified. It is hard to blame CRA for the 2008 meltdown when CRA didn't apply to most of the loans behind it. University of Michigan's Michael Barr points out, half of bad loans came from mortgage co's beyond the reach of CRA. A further 25 to 30 percent came from bank subsidiaries, not fully regulated by CRA. Only one in four bad loans were made by the institutions fully governed by CRA."
A. A guy that bought a house he couldn't afford. (Keep in mind, he lost the house).
Or
B. Bankers that knowingly wrote and bundled bad loans, borrowed against them at 30 to 1 to create trillions in securities they KNEW were bad, sold them to their clients anyway.. then bet against their own securities. Keep in mind these guys lost nothing...in fact they gave themselves bonuses after they crashed the economy. Now...tell me who the real bad guy is.
@leestauf "Successful for more than 50 years" A good example is a country called The United States. What you call socialism is what Eisenhower, Kennedy, Johnson, Nixon (and others) called their platform. We had banking regulations,large infrastruce projects,expanded govt. serices and yes,higher taxes from1946 to1999, the MOST PROSPEROUS years in history.Then unregulated criminal bankers, offshore production, wars based on lies & borrowing to give tax breaks to millionaires shot things to hell.
the queer bastard son of a bitch enjoys his drug while all of his promises to make Marijuana legal went up in smoke.... I hope he drowns in beer.... he will pay
Legend
brhogg86 1 month ago
Not an Obama fan, but hey, at least he has some taste in beer...
Ooftyman 2 months ago
He is so fucking alpha!
lyricaltesting 4 months ago
It is yeah. Read the wiki on it.
speediekj 8 months ago
This has been flagged as spam show
not sure what to say except i am sure all presidents including Reagan went out for beers as well but wasn't public knowledge i really so not even see why this is news worthy..he's a guy we discuss stuff over beer :) welcome to reality
johndebbra 8 months ago
Dublin has to be the most boring and morbid town in the world and people who live there just dont know life or there own self worth its like a prison because almost every bar and food store has arrogant polish security gaurds on them and everyone judges you for simple things like the way you dress act behave walk and talk its SICK get the fuck out and live your life . You cannot express your true self in Dublin because the culture is so extremely different to everywhere.
OBAMAisHalfCaste 8 months ago
@OBAMAisHalfCaste if you really want to experience true irish culture the last place in ireland you'd want to visit is Dublin. Dubliners are a shame to the irish, plenty of other places to go like Cork or Waterford etc
poppenlol 8 months ago
@poppenlol maby you,re right.
OBAMAisHalfCaste 8 months ago
@poppenlol Fuck you Dublin is great and its better than waterford and all that crap in the middle of nowhere. your obviously not from Dublin since you dont know the potentical it holds
louiselove1D 7 months ago
@louiselove1D im from toronto canada and i wanna go to dublin...fuck all the haters (if u watch wrestling [WWE] Shameus is awesome!!!)
shakysyxx 6 months ago
What's the big deal? It's only a pint; It's not like he just got a phonecall from a man on the moon or did anything which has any real merit. Its Ironic that the company who own's Guinness(Diagio) announced that they are planning to fire up to 400 people from their marketing sector just a day after this happened. It's nothing to do with Obama, however it makes you think that are all these visits and speeches acomplishing anything or are they just diversions and sugar-coatings.
MuonRay 9 months ago
"I will promise you this, that if we have not gotten our troops out by the time I am president, it is the FIRST thing I will do. I will get our troops home. We will bring an end to this war. You can take that to the bank. " - Barack Obama Campaign Promise - October 27, 2007
SteveFusionX 9 months ago
Obama feels right at home with Eire's 20% unemployment
k3304 9 months ago
If they love him so much, they can keep him. Did you hear the one about someone filing forgery charges on BHO/Soetoro for the phony long form BC? Can't wait for the punch line...
JakeBlakeProject 9 months ago
I don't understand why everyone is worshipping obama as if he is some kind of GOD.
He's an evil, lying, war-mongering piece of shit.
He broke every campaign promise made in 2007 - including the most important one (to end the illegal wars)
Instead of ending them, he sent MORE troops.
And is now starting fresh invasions with Libya and soon to be Iran and Pakistan.
He won't be happy until U.S bases are setup in every corner of the (oil rich) middl-east..
SteveFusionX 9 months ago
@SteveFusionX so just leave an inhumane dictatorship in place then? good thinking. Why don't you stop jerkin' off online, get out and make some decent contribution to a complex situation instead of spouting generalisations. Nice one.
garmac1989 9 months ago
@garmac1989
Which "inhumane dictatorship" are you refering to?
Baring in mind; several independant groups have found NO evidence of gafaffi ever harming his own people.
pro tip: not everything you watch on your television or read in the tabloids is the truth.
Do your own research into the world you live in. You might be suprised by what you find..
Good luck :)
SteveFusionX 9 months ago 2
@SteveFusionX Funny you referred to the media there, I'm actually a journalist by profession. I admit I should have been clear on the dictatorship aspect. Research is flawed, there is no such thing as objectivity. If you're looking for a certain angle, you'll be able to be cautious with the truth and omit actualities which don't suit your agenda. This is not an attack on you my friend. You are entitled to your views and I respect them. I was just debating an argument. P.S. fix your grammar.
garmac1989 9 months ago
@garmac1989
Oh a journalist!? Wonderful.
Your pro-war stance makes sense now.
As for my "agenda"? I wish to see peace on earth in my life-time and an end to the killing of innocent people in countrys which have absolutely NOTHING to do with us (except for their oil-rich lands).
I also want liars and murderers like Obama exposed for their war-crimes.
I guess we're on opposite sides here, friend :)
SteveFusionX 9 months ago
@garmac1989
I meant to say Gadaffi before
SteveFusionX 9 months ago
haha obama downing the guinness
joemoin 9 months ago
His great, great, great grandfather huh?...didn't know this idiot was Irish...Now we don't have to be the only country embarrassed by this moron. Ireland can join the club too!
uagrantc 9 months ago
its funny how when obama drinks a pint in ireland, everybody goes all political haha rarely have i heard anyone talk about politics in a pub in ireland xD
SolidFrostbite 9 months ago
this is disgusting fecking obama drinking beer with the loyalist., where is the ira when you need them lol
ganjaking187 9 months ago
must of been drink driving:) seen a clip of obama mobile in england get stuck:) they hadda cut there visit short due to icelandic volcanoe:) that vid if anyone can find it president car getting beached be funny after this:)
danbit5 9 months ago
go on obama ill never forget that line "BROKEN IRISH IS BETTER THAN CLEVER ENGLISH"
skillzdatpaythebills 9 months ago
Much like the entire republican party, there are those who still hate O'bama. We all know why, come out and say it, haters! He is a good man, and there are those who entire life it is to prove he's corrupt. It hasn't been done yet, so I say to all you haters, get on the O'bama train or get the hell out of the way. 2012? In the bag!!! I'll be laughing at you all....I've been laughing at you for 2 years now!
rperry63 9 months ago
GO ON YA GOOD TING!
Sweeney1988 9 months ago
Obamanation is having a beer wit aunt Esther.
TheTaberLion 9 months ago
why do you yanks not carpet bomb the shankhill road if your sooo big on terror around the world, i grew up in the uk with the threat of terrorist bombs. As soon as you got two buildings bombed you were all against it, even though you sent money too the ira!
comm1508 9 months ago
I understand that the Irish government is having some financial problems. A wee bit socialist are we? Just like the jester "O"! No wonder so many Irish like him. He's trying to socialize America.
leestauf 9 months ago
@rocketpropulsion Hes hardley a drunk now haha, hes enjoying himself and relaxing, he has the most stressful job in the world cut him some slack. this trip was a personal and emothional one for him, shouldnt everyone have the right to visit there ancestors and to know where you came from? i love obama EVERYONE VOTE OBAMA 2012 <3
John1962R 9 months ago
@John1962R Hey Boot-Licker! Obama can visit Ireland but not at the expense of the Amnerican taxpayer. There is no other reason for him to be there othere than wasting tax dollars. Ancestry? He doesn't care about his 'white' half. He's said that if it was up to him, he wouldn't have it.
rocketpropulsion 9 months ago
I WANT HIM!! HES SOOOOOO CUTE UHHHHHHHH
John1962R 9 months ago
DOWN IT!
DOWN IT!
DOWN IT!
DOWN IT!
skeletorphd 9 months ago
That was well awkward when Michelle patted yer man on the back and he saw it as an invite to feel her up! LOL
AedinBeanTinn 9 months ago
@AedinBeanTinn Yer man feeling Michelle Obama up is the Irish cousin from Moneygall. I think he will probably get excused for it this time! Probably!
headtheball3 9 months ago
what the fuck is that guy doing holding on to michelle.What a loser
kharte29 9 months ago
@kharte29 That's Obama's Irish cousin....
MrMountainsofmourne 9 months ago
@MrMountainsofmourne his 8th cousin.give me a break:)
kharte29 9 months ago
Skip to 0.34 when michelle hugs tha white irsih dude and look OBAMA EYES ..hahahaha lol PRICELOUS
69Razak69 9 months ago 2
@ChowAtTheY doesn't taste the same as proper stuff in ireland
californiawiting 9 months ago
The Irish!
shawbaby1111 9 months ago
Why Elin Krantz Was Murdered watch?v=kftWhl00Qgk
nemexol9 9 months ago
This is a great reason to vote for him! Fuck you all that support this DICK, Go nob on on his tip! Ron Paul 2012! Policy over Party ya dumbfucks
LilSpankey93 9 months ago
Why is Obama so cool?
thefitwarehouse 9 months ago 2
Obama is a drunk and Michelle is a crackhead! What a pair!
rocketpropulsion 9 months ago
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colorflashful 9 months ago
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colorflashful 9 months ago
Obama you legend!!!
SilchasRuin123 9 months ago
cheap old beer? :p i drink only whisky ;D
avenancius 9 months ago
The obvious republicans commenting on this are hilarious
iamadamsusername 9 months ago
@iamadamsusername yeah absolutley no bitterness how refreshing lol
surfin4 9 months ago
Obama's face when he saw that guy with his arm around Michelle LOL
digitalis112 9 months ago
He's one of us lads, Irish blood in him!
aidy202 9 months ago
@aidy202 LOOOOL bullshit the day when white people pretended to like black people!!!! black irish my hole!!!
TomAraya23 9 months ago
@TomAraya23 lol well said
herpfreakuk 9 months ago
@herpfreakuk Not being racist or anything at least you got the joke the abuse i got from people saying this was so weird!!! i mean now really would you see a black guy in an irish bar with his white mates i don't think so!!
TomAraya23 9 months ago
@herpfreakuk The abuse i got from people, at least you got the joke not being racist but you wouldn't see a black man drinking with his white mates in an irish bar!!! well i havent so far anyway!!
TomAraya23 9 months ago
@TomAraya23 Seriously? I see it pretty damn regularly, but then all bars in Ireland are Irish bars.
fleontrotsky 9 months ago
@fleontrotsky I meant irish bars for the yanks in ere!!! umm not really maybe in shithole like dublin ya sure!!
TomAraya23 9 months ago
@TomAraya23 So what shithole are you from?
fleontrotsky 9 months ago
@TomAraya23 So?. What shithole do you come from? Cuz I bet it's far more shitty than beautiful Dublin - A city that was a muse for so much great art and literature.
fleontrotsky 9 months ago
@TomAraya23 lol
aidy202 9 months ago
@aidy202 Obama is leprecunt!!!
TomAraya23 9 months ago
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aidy202 9 months ago
g'wan Obama! gud lad he is, gud lad. =P
lafemmefatal 9 months ago
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lafemmefatal 9 months ago
Awesome!
partypadraic 9 months ago
I love this man, an absolute inspiration to every single one of us!
Sportymike 9 months ago
It's nice to see the man within the politician!
raidon04 9 months ago 2
O'Bama 2012! The Irish are IN! ;)
MsADiez 9 months ago
O'Bama
DiverseLA 9 months ago
LOL! He's losing the minorities and young people due to his imbecilic destruction of America’s economy, he wants to be re-elected so he can continue the destruction but even the weak minded libs/socialists are finally waking up to his COMPLETE and total incompetence! So what is his solution? HE IS NOW IRISH!! He wants the Irish vote! Tell me O’Leary, are you stupid enough to fall for this steaming pant load from this BUFFOON?
leestauf 9 months ago
@leestauf
It's been 4 years since he was proven irish.
Howardyt 9 months ago
@leestauf He has roots in Ireland, they have been proven. He's no less Irish than any other Irish-American. As for destruction - George Bush left your country in mass debt. Don't lob all the blame on Obama.
SeanOBriain 9 months ago 2
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@SeanOBriain Hooray for non-Americans knowing more about American politics than most Americans do!
TheAle89515 9 months ago
@leestauf Why, when people try to attack politicians (on any side) do they use ridiculously over the top phrases like "COMPLETE and total incompetence!"? All that happens is that they lose what credibility they might have had and become part of the cacophony of dull-witted white noise. If you're criticizing a buffoon, try not to act like one.
greyztone 9 months ago 2
@greyztone Why? Because they are all very applicable words for this disaster! Face the facts if you truly know them. By the way, I understand that the Irish government is having some financial problems. A wee bit socialist are we? Just like the jester "O"! No wonder so many Irish like him. He's trying to socialize America.
leestauf 9 months ago
@leestauf Again with the nonsense. An obviously slight shift to the left in global and historical terms and "he's trying to socialize America!" More white noise. Yes, I am a 'wee' bit socialist - I think it's a good thing that the US has finally caught up with the rest of the civilised world regarding health care for instance - but I'm generally quite moderate. You however are obviously so staunchly conservative that anything even slightly to the left is a RED SCARE!!!! And I'm not Irish.
greyztone 9 months ago
@greyztone Slightly socialist? Caught up with the rest of the world? How are those socialist countries doing now? The more socialist they are, the worse shape they are in. How are Greece, Portugal, Spain doing? Whose money is in the main, bailing them out? Why, it's the money from the evil capitalist American taxpayer! The soicialist countries are now exactly where capatilists predicted they would be 50 years ago. BROKE! OUT OF OTHER PEOPLES MONEY! And you think we should catch up to them?
leestauf 9 months ago
@leestauf "Whose money is in the main, bailing them out? Why, it's the money from the evil capitalist American taxpayer!"
No...its money from Germany and other EU countries. By the way.. Germany is more socialized than America and they mange to have a stronger economy.
Yes..I know that doesn't fit your narrative. So fell free to continue to let your ideology trump reality and to make statements that are demonstrably false.
givethemahand 9 months ago
@givethemahand The U.S pays about 20% of the IMF funding. How many countries are there in the world? Germany is in desperate straights. Better check your sources fo accuracy.
leestauf 9 months ago
@leestauf
Germany has a stronger economy than we do by most measures (lower deficits, net exporter, rising standard of living, retention of high wage industrial jobs, nearly universal healthcare). They were a guarantor of the Greek bailout.
And, Im pretty confident of my sources.
My sources are the New York Times, The BBC, The blog of a PHD economist, oh..and my son who LIVES and WORKS in Germany.
Perhaps you should check your sources.
givethemahand 9 months ago
@leestauf Wow, even more hot air. You really think universal health care in America is going to cause a Greece-like crisis? Really? This is what I'm talking about. Point to the very worst mismanaged example of welfare and declare that SOCIALISM IS EVIL!
Remember the banking crisis? Where the taxpayer had to bail out the banks? Well, LET'S ALL BE COMMUNIST BECAUSE CAPITALISM IS EVIL!
OR let's be moderate and mature in our approach to things. Instead of bleating on like complete morons.
greyztone 9 months ago
@greyztone You can't seem to defend socialism with any facts. It's you that is blowing hot air. It's you who bleets like a complete moron. The origination of the banking crisis was a left wing congress forcing lenders to give loans to unqualified buyers. Ever hear of Fanny or Freddy? I doubt that you know enough to be aware of what I speak of. Why don't you give me an example of a succesful socialist country? Succesful for more than 50 years that is. It takes that long to spend all the cash.
leestauf 9 months ago
@leestauf I am aware, thanks. I'm also aware that deregulation, massive economic inequality and self-serving market practices played just as much of a role. But you're not about a balanced view are you? No, it was ALL down to a left-wing congress.
Can I make it ANY MORE CLEAR that I'm not pro 'socialist countries'? Is your head set to black and white? Europe is full of successful countries with long-standing welfare and universal healthcare that have put the 'can't pay, can't live' US to shame.
greyztone 9 months ago
@greyztone The Wall Street Journal has an excellent article on line proving you and your sources are incorrect. The U.S will be paying more than18% of any bailout. If you begin by assuming the opposite of what the new york times says on any subject you will approach reality. I have an open view, but that view tells me that if the liberal government had not only allowed, but demanded that unqualified buyers be given loans, economics would have prevented lenders from giving them. Then no collapse!
leestauf 9 months ago
@leestauf "if the liberal government had not only allowed, but demanded that unqualified buyers be given loans, economics would have prevented lenders from giving them.Then no collapse!"
There were about 300 billon in non performing loans in 2007 with about half to "unqualified buyers". Then unregulated criminal bankers leveraged that into 3 trillion in bad paper (knowing it was bad) crashing the economy.
Question: Which is bigger,150 billion or 3 trillion?
So who did the most damage?
givethemahand 9 months ago
@givethemahand Obviously the congress is mainly to blame by getting the ball rolling to begin with. Do I have to say again that if they hadn't REQUIRED lenders to make loans to the unqualified that the whole ball would never have started rolling? Yes corrupt people took advantage of the situation, a situation that would never have been possible if the likes of Carter and Barney Frank had not meddled in private finances unconstitutionally. This is exactly what feel good socialism gets you.
leestauf 9 months ago
@leestauf " Do I have to say again that if they hadn't REQUIRED lenders to make loans'
Yes, thats what you have been told. You refer to the CRA guidelines. The following is from an article by Robert Gordon in the American Prospect (one of those lefty publications). The article deals with the historical record, instead of talking points, so it may make you uncomfortable.(continued)
givethemahand 9 months ago
@leestauf (continues)
"Did lenders approve bad loans to comply with CRA, or to make money? The evidence strongly suggests the latter. Consider the timing. CRA was enacted in 1977. The sub-prime lending at the heart of the current crisis exploded a quarter century later. In the mid-90s, new CRA regulations did lead to a flurry of CRA activity, but, as noted by the New America Foundation's Ellen Seidman (and by Harvard's Joint Center), that activity "largely came to an end by 2001. (continued)"
givethemahand 9 months ago
@leestauf (continued) "In 2004, CRA was weakened, releasing most banks from CRA. Yet sub-prime lending intensified. It is hard to blame CRA for the 2008 meltdown when CRA didn't apply to most of the loans behind it. University of Michigan's Michael Barr points out, half of bad loans came from mortgage co's beyond the reach of CRA. A further 25 to 30 percent came from bank subsidiaries, not fully regulated by CRA. Only one in four bad loans were made by the institutions fully governed by CRA."
givethemahand 9 months ago
@leestauf Question:
Who is the real bad guy?
A. A guy that bought a house he couldn't afford. (Keep in mind, he lost the house).
Or
B. Bankers that knowingly wrote and bundled bad loans, borrowed against them at 30 to 1 to create trillions in securities they KNEW were bad, sold them to their clients anyway.. then bet against their own securities. Keep in mind these guys lost nothing...in fact they gave themselves bonuses after they crashed the economy. Now...tell me who the real bad guy is.
givethemahand 9 months ago
@leestauf ??? The first half of that reply is a response to someone else's post.
The second half doesn't even make sense. No really, it doesn't. Read it again.
Try to stay sharp now.
greyztone 9 months ago
@leestauf "Successful for more than 50 years" A good example is a country called The United States. What you call socialism is what Eisenhower, Kennedy, Johnson, Nixon (and others) called their platform. We had banking regulations,large infrastruce projects,expanded govt. serices and yes,higher taxes from1946 to1999, the MOST PROSPEROUS years in history.Then unregulated criminal bankers, offshore production, wars based on lies & borrowing to give tax breaks to millionaires shot things to hell.
givethemahand 9 months ago
obama is such a LAD
MattMessi10 9 months ago
the queer bastard son of a bitch enjoys his drug while all of his promises to make Marijuana legal went up in smoke.... I hope he drowns in beer.... he will pay
MJhappiness 9 months ago
@MJhappiness Excellent point !!
fleontrotsky 9 months ago
Did you're man with his arm around michelle drop the hand?
carronrory 9 months ago
The One really loves his beer #LOL
abarzilai664 9 months ago
Obama loves wolfing the guinneaaaa...
oddrington 9 months ago
"FOUR MORE BEERS! FOUR MORE BEERS!"
speediekj 9 months ago 20
@speediekj
Lol I just got that, here here! 4 more beers!
Howardyt 9 months ago 2
@speediekj guinness isnt beer......
joemoin 9 months ago
@joemoin thank you, its stout, a Mans Stout to be presise
soSpecialkay 9 months ago
@joemoin I dont think you got the joke. And yes, it actually is a beer, of the dry stout variety
speediekj 8 months ago
@speediekj no its not a beer
joemoin 8 months ago
He is only there so he can get the Irish vote in the US. Without it he would have a mountain to climb.
rudeboymd 9 months ago
Ireland And USA Bestos 2k11 :P <3 I love Obama so much more now! .x
XxsexijessicaxX 9 months ago 2
@nicolaloveshugs Dirty Dog... :D
TheIncredibleMass 9 months ago
get the good stuff in you Obama welcome to ireland ya boy ye!
PRoon21 9 months ago 21
Guinness is disgusting
MyMerlin1 9 months ago
See yer man bein' smmooth with his hand around Michelle, legend...
TheIncredibleMass 9 months ago
@TheIncredibleMass it looks like he puts it on her bum lol...
nicolaloveshugs 9 months ago
I am irish but i hate Guinness xD
DayLight95 9 months ago