Obama: It took us a couple of days because I like to know what I'm talking about before I speak
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bet it was funny watching ed henry limp out of there with nothing but the last remaining shred of dignity that obama graciously left him
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@MoltenArtGlass -cont- that will so deflate the dollar because we dont have enough gold to prop up the value that our nation will become an instant 3rd world nation.
I highly suggest you educate at LEAST on the basics of the topic before you continue to spout off things that idiots are saying. Just because they are either writting books, on TV or are in politics it doesnt mean they know what they are talking about.
And I agree, we are not the worlds police.
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@MoltenArtGlass no. wow...lol. you dont know much about the financial system.
let me guess, staunch Ron Paul follower right? my biggest problem with that man is he is an idiot when it comes to how to move back to the gold standard...man I miss Ross Perot, the only man to come close to knowing how to do it without putting around 30% of the nation out of work and destroy the middle class.
Sorry son, but banks going down will not remove the extra trillions of dollars floating around -cont-
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@rdrakken Unlike fighting fire with fire, you can not battle the blowback of inflation with more inflation. That is all I'm saying. If a financial collapse were to happen, we should switch to sound money based on a gold standard instead of this fiat crap that is printed on paper and valued by the amount of it in circulation, which is printed out of thin air. As far as military spending, you're damn right. We dont need to police the world and create an empire. Were safer guarding our own borders.
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@MoltenArtGlass You are insane if you think the only way to stop inflation is to have a depression.
There are many ways to make changes to prevent inflation from hitting. Need I remind you of Japan's lost decade? How about after the mass military spending which spiraled out of control in the 80s which also had the S&L crisis? So our debt went from 907 billion in 1980 to 2.6 trillion in 1988...
We need change, we dont need knee jerk reactionists doing anything. We need people who THINK.
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@rdrakken 1st, I did notice Obama came in with the nation in a steep decline and either having to spend money or watch the nation hit a depression. However, the nation needed the depression because you cannot fix inflation (the printing of more money) with more inflation. When we do hit this depression, which is inevitable, it will be twice as worse now. 2nd, I do not deserve to be called a dumb cunt for my opinion. Ive never had hate for him. I have freedom of speech just like you my friend.
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@MoltenArtGlass You couldnt have said it better....Idiots think you get from point A to point Z directly.
Obama came in with the nation in steep decline and either having to spend money or watch the nation hit a depression. dumb fucking cunts like you dont want to see that because you were filled with HATE for him during the election.
As much as I hate the idea of bailouts if they hadnt of done it and all those banks went down...they would have taken us with them.
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@rdrakken You couldnt have said it better.... Obama basically matched Bush's dept that took Bush 8 years to rack up, when it only took Obama 8 months. Point proven. Thanks. (For the record, I didnt support Bush either)
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Great response to a dumb question. Ed you big dummy!
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SERVED!
yeah but you are missing a really big point here.
OBAMA HAS ONLY BEEN PRESIDENT FOR A FEW MONTHS.
8 mother fucking years of Bush goes by without the fuckwits that are calling out Obama asked for accountability...yet they want it of Obama in under 4 months when most of what he is doing requires far more time to see the results of.
Holy shit...the man spends money on America and people go apeshit. Perhaps he should have asked for 2 trillion for Zimbabwe to keep conservatives quite!
rdrakken 2 years ago 14
Why do people act like Obama is the reason we are in this mess? Who's "rule" were we under when all the issues accumulated?
meganjerai 2 years ago 7