The Obama Economy

[cobra bill]

[quote=cobra de capell;927278]I'm speechless, Cobra Bull.

Well there's a shocker Ha!

And no I like this forum I'm having way too much fun! besides there's only about 4 or 5 rabbit republicans on this site and nothing you guys say is going to change my mind, just as I will never change yours,

[cobra de capell]

[quote=cobra bill;927281]

Originally Posted by cobra de capell

I'm speechless, Cobra Bull.

Well there a shocker Ha!

And no I like this forum I'm having way too much fun! besides there's only about 4 or 5 rabbit republicans on this site and nothing you guys say is going to change my mind, just as I will never change yours,

Cool, Cobra Bull - especially now that you have your own Obama button.

Rave on.

[cobra bill]

Yeah, I'm really excited about that, Thanks!!!

[Sharroll Celby]

I would have liked to seen Obama take the "Opposition's" position about cutting taxes IMMEDIATELY ACROSS THE BOARD in an attempt to resuscitate the economy. He could then see if that policy would work, and if it DIDNT work, raise taxes after 2 or 3 years to fund whatever policy that he would then try.

I am of the (hopefully) sound mind that when you are running low on money, you STOP spending money until your (our) funds level come back up.

[Dan40]

Originally Posted by cobra bill

CDC, OK point taken the bill was rushed through, however they told us, just as they did when Bush asked for us to bail out wall street, and that was fast tracked as well, because they told us we had to do it now, and we could not wait. OK I and others bought off on it, once again we were told it had to be done and sooner than later, well all I can do is trust they have more information on the subject matter the I do and as with Bush I will just have to trust they are keeping our best interest at heart.

As for transparency though this administration has been way more transparent then any I have seen.

As for criticizing the president, I have no problem with it, I was all over Bush when he was subverting the constitution and taking us into an illegal war, so I have no problem with it, it's the only way to keep them in check, however, I was not talking about Obama failing or not I was talking about our country failing, its bigger than any one person.

Yes, this admin is completely transparent to people with actual working brains.

BO the campaigner says, "I will go thru legislation line by line and take out all earmarks!"

As Pres he demands a Stimulus bill 80% PURE PORK [or earmarks as the Dems like to call it] and liberal sacred cows they have wanted to get for 20 plus years. He insists ir must be passed without ANYONE reading ir. The largest spending bill anywhere anytime.

Not a single line even glanced at.

Budget bill, estimated at 5000 to over 9000, earmarks. He says he will sign it, not a single one scratched. Dems claim its old business, PURE BULLSCHIT, it is CURRENT Gov. funding

TRANSPARENCY?
BO the campaigner LIED. no other possible answer
BO the campaigner says, "Lobbyists might as well leave Washington, there will be no place in my administration for them."

I guess that did not mean CABINET POSITIONS?

BO the campaigner LIED again, TRANSPARENTLY

And on balancing the budget, and on raising taxes, and on and on.

BO and his "crew" come from Chicago polotics. ALL their experience says say whatever, do whatever, just pay off the right people. Its all they know!

BO is going to make Bush look like a choir boy.

Dan

[stuartb]

Here is a fix for taxes that would work and no one is left off of it. A straight % sales tax on everything but food and clothing. This would also make the IRS smaller, less government spending etc... And as far as our economic mess goes giving money to the banks and etc... not the way to go. Should have taken the almost 3 trillion and givin it back to the people that paid taxes in the first place, so they could have taken care of their mortgages. The pain would have been a lot less than it is now.

[mdmull]

Apparently Cobra Bill didn't live through the 70's. Slow steady growth??????

[turnpike boy]

cobra bill has made it clear - he ain't a-gonna change for you dam conservatives, no way, no how!

Prototypical left winger.....never let reality or the facts stand in the way of emotion.

No room left to wonder why we're spinning out of control so profoundly.....these are the individuals who elected this disaster.

[SP01715]

Originally Posted by turnpike boy

No room left to wonder why we're spinning out of control so profoundly.....these are the individuals who elected this disaster.

And the idiots who think Obama's a rock star and treated the election like an American Idol vote. They interview these clowns and they think Obama is great. They ask them what they think about the stimulus package and most of them have not even heard of it. They don't follow the news, yet their vot cancels out a well informed vote of another person.

[cobra de capell]

Yes, Cobra Bill's posts are pure bilge, full of jabberwocky and flapdoodle, but at least his discommodious maundering is ninnyhammerly consistent and a constant reminder of the level of philosophical rumination that got us into this mess.

[cobra de capell]

Here's an update on the bezzle....

http://http://market-ticker.org/archives/856-To-Obama-Stop-The-Bezzle-UPDATED.html
_____

Obama swears he will find the evil needles in the haystack.

His method is to burn the haystack.

and urged Americans not to “stuff money in their mattresses.” (Obama)

Why do I keep getting the feeling that he throws out sentences like this in the hopes that people will wonder what he means and do just that?

I've never heard a President who sounds like he is backhandedly trying to start a panic until this guy came along.

[joe g]

It kills me when a news REPOrTER ask's Obama hows his game, referring to basketball- the market is tanking, banks closing, insurance companys dying and this butt licker asks a question how's your game!!Dont expect the THE FIFTH ELEMENT to keep an eye on this government- they only worried about the bush administration.
IF they only realized in a socialist government FREE PRESS GOES BY THE WAYSIDE BUt there Masiah can do no wrong. CAN YOU imagine if the market dropped like this with BUSH- CNN NBC ABC ETC Would crucifie him but Obama gets a pass!!!
JOE g

[Ron61]

I saw in yesterday's paper where the unemployment rate in our county is now a record 15.2% and it will go higher this week as I know of two other small businesses which are going to be closing and possible a larger one soon. There are so many empty commercial buildings around here now that if you had a little extra money you could make some pretty good buys. I doubt if our Sears store makes it until July as I hardly see any cars in their huge parking lot any more. And it just keeps getting worse. And the people that voted for that fool think he is doing a great job, but can't answer any question about anything that has improved since he took office.
And Cobra Bill, before you jump in and take offence, I don't like him, didn't vote for him, and distrust him completely. But I do not want to see him fail as I love this country and it is on the verge of making what happened to the old soviet Union look like a minor disaster.

Ron

[392cobra]

Originally Posted by Ron61

And the people that voted for that fool think he is doing a great job, but can't answer any question about anything that has improved since he took office.
And Cobra Bill, before you jump in and take offence, I don't like him, didn't vote for him, and distrust him completely. But I do not want to see him fail as I love this country and it is on the verge of making what happened to the old soviet Union look like a minor disaster.

Ron

I want him to fail completly,as Socialist always do,because I do love this country.
Him being a success would be a disaster for this country and it's people.

[Ron61]

Fred,

He never even got the 100 day grace period that most presidents do before he had the good old boys in Congress ticked off at him and that takes some doing when you are president and your party has total control. Dam, he even has Fienstien thinking about running for Governor of California. I wish he would run some of them to Texas. Queen Pelosi could really straighten out your state.

Ron

[392cobra]

The Texas Rangers & Texas National Guard are fixing to start target practice at the Rio Grande any day now.
Maybe she would like to try and give a Ranger some advise ??

[Ron61]

I wish they would go to Washington when congress is in session and get rid of that whole nest of thieves and liars.
I saw on the news yesterday where some company there was doing a booming business installing bullet proof glass and armor on cars along the border due to the Mexican Drug cartel and their fighting in border towns. They even caught 3 of them out here during our fires last Summer as they were burned trying to protect their big marijuana crops. All were members of the Mexican Drug cartel and of course were treated as all criminals here are. Free medical care for their burns, legal representation free to make sure they got to go home. They should have shot them when they staggered out of the brush.

Ron

[cobra de capell]

Yesterday, President Obama stated, "Profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you’ve got a long-term perspective on it,”

The President was likely speaking to the "P/E" ratio which is used to measure companies against each other. But P/E ratio does not stand for "Profits" and "Earnings". It stands for "Price/Earnings". This is the measure by which a stock price is compared to the earnings per share of that same firm.

Hence, a firm that has a stock price of $5/share, and earns $.50/share has a P/E ratio of 10 (5/.50). Alternatively, a firm that trades at $40, and has profits of $2/share has a P/E of 20. The lower the P/E ratio the more attractive is the stock price.

Obama's gaffe is laughable if it weren't so frightening. It's indicative of his ability to pontificate on a subject in which he has little or no background or understanding.

This is the most underrated story of the week. Bush would have been laughed out of town with such a remark.

This is just a nightmare...

[cobra de capell]

Obama Fiddles While Wall Street Burns
by Jed Babbin

03/09/2009

In part....

Barack Obama has been president for only seven weeks. The sub-prime mortgage crisis had been building for years before his inauguration. George Bush began the nationalization of our banking sector with the failed “TARP” plan. Congressional overspending has been a continuous problem since before World War 2. So how soon can we reasonably begin to hold Obama responsible for the accelerating economic decline?

The answer is that we have to hold Obama accountable now in proportion to his action and inaction. His actions -- the spending spree in the trillion-dollar so-called “stimulus package” and his proposed $3.5 trillion budget -- have further stalled the recovery by intervening too deeply and spending trillions of dollars we don’t have. His inaction on the promised financial market recovery plan fuels Wall Street’s panic.

Obama has proposed a budget of over $3.5 trillion accompanied by tax increases -- such as the anti-global warming “cap and trade” emissions tax that will raise energy prices -- resulting in an increase in the federal deficit to almost $2 trillion.

In a March 8 New York Times interview, Obama said this was a fiscally responsible plan. Unfortunately for our economy, the real world doesn’t agree.

Snip....http://www.humanevents.com/article.php?id=30984
_____

The weird thing is Nero spent money like crazy and had these HUGE projects for Rome that were a monument to him. He pretty much bankrupted Rome. Sounds like the stimulus bills.

He is either very ignorant and oblivious OR he is doing it on purpose. Considering the speed and efficiency he has taken to destroying this country after his swearing in, I’m beginning to really believe it’s the latter.

[Juggernaut]

cobrabill:

Sounds good in theory, but do you have an example to show that it works?
I see that as possibly a short term fix, but what about the HUGE deficit it creates for our grandchildren to contend with? What's in their future?? Where is the money coming from, gotta think about that too. We simply DO NOT have the money. Seems like a stupid business decision to me.

And if I own a small business selling saddles, horse supplies, etc., how exactly does rebuilding infrastructure help me?

28 years of reagonomics, been pretty good for me, probably pretty good for you to.

Don't talk about name calling either, a ton of your liberal politicians have been doing exactly that with Bush for the last 8 years and some left wing wackos are still doing it!

30 years of hate radio as you call it haven't formed my views of liberals, I formed my own views of them by watching what they do & how they act. Don't try to blame talk radio for the way liberals are perceived, thats pretty lame.

By the way, how do you like the way Pelosi is running the country so far, Obama is just a puppet.

Of course, this is just my right wing, hate monger, wacko opinion.

Thanks for the education.