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Obama warns of economic catastrophe

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Uploaded by on Feb 8, 2009

Barack Obama is struggling to win the support of a divided Congress for his economic recovery package. He says if lawmakers fail to approve the plan, America will plummet into economic catastrophe.

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  • Obama is wrong. It is PASSING the plan that will cause the catastrophe. They are just doing more of what caused the situation. Throwing gas on the fire won't put the fire out. It will cause an even deeper, and inflationary, recession. It makes no sense to take money from productive people and then give it to out of work or unproductive people so that they can buy things from the people whose money was taken in the first place. They should listen to Ron Paul and Peter Schiff. But they won't.

  • CRISIS! CATASTROPHE! CRISIS! CATASTROPHE! CRISIS! CATASTROPHE!

    The only crisis and catastrophe we have is the day this rube was elected!

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  • Luchik44: Am I wrong, but isn't home ownership, the home of you're dreams, because you can afford it a capitalistic ideology in America ? And isnt forcing people into homes as past Democratic parties have done a socialist anti-American ideology ? And now others non-socialist now being forced (by Democrats and Republicans to pay for homes of others, just as a socialist nation ?

  • Luchik44: So then you also accept the fact that "undeserving banks" were forced to loan money for mortgages to those with bad credit, and high risk of foreclosure. Forced by the Clinton administration or suffer the expense of lawsuits for discrimination etc etc. So everyone is entitled to the American dream of home ownership, whether they could afford it or not during normal cycles of economic slow downs.

  • The communist puppet & illegal alien usurper Obama is but the enemy's second deployment behind the Bush crime family. Their primary intentions are to rob all Americans black & white, create a civil war and to completely dismantle what's left of the United States. You are now living in a war zone; the cur in the White House and his comrades have full command over the nation's control hierarchy. You & your family are in imminent danger. Prepare to defend yourself to the death.

  • Yep, I take that back, your vocabulary word count probably stands at 3 - everything I expect from a piece of cracker trash like you - your father obviously didn't raise you right, that's if you even know who your father is. Cracker trash.

  • 15? You can't even count.

    Wait, I take that back. Yoooz countin' crack rocks in da hood BEEYOTCH!

    1, 2, 3, 5, 10!

    Lernin BEEYOTCH!

  • Boo hoo. Have you used up all of your 15 word vocabulary? Keep amusing me you maggot dick white boy, you're very entertaining. The word joker in the dictionary has a picture of your pasty blue veined face beside it cracker. You were obviously a jester in a former life - not a lot has changed.

  • the word is "your" not "you're" you illiterate cracker. Go back to school, and this time learn something.

  • It wasn't an excuse you dim-witted illiteramous, it was an insult.

    Some people are so stupid they don't even know when they're being insulted. You are one of those people.

  • seems WW3 is right around the corner.

    feels really similar to WW2 starting after the Great Depression.

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