Obama Punishes those Greedy Bankers

[Zen]

Thats right.. Those Scum.. Those Scoundrels, The Banks that took all that damn money! *Rage*

Well obama has it in for them and this time there gonna get it..

The program, which could involve the government lending nearly $1 trillion to these investors, exceeds the size of every other federal effort to address the crisis so far.

In your Face Bankers!! Steal americas money will ya

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http://www.washingtonpost.com/wp-dyn/content/story/2009/03/06/ST2009030600212.html

Who is to blame you may ask?
Its those pesky soldiers of the US of A and there stupid health care plans messing up the economy.
Well Obama's gonna set them straight too

- Eric Shinseki confirmed Tuesday that the Obama administration is considering a controversial plan to make veterans pay for treatment of service-related injuries with private insurance.

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http://edition.cnn.com/2009/POLITICS/03/10/veterans.health.insurance/

No more health insurance for the Army, This has not Passed yet.. But this is What the Obama Administration Wants to pass.. Don't Fear, We know what happens when the people refuse to pass something right? ..they launch A terror Attack to make sure that bloody thing gets through..

Hey nevermind any of this Hogwash right? lol it doesnt matter anyway, The federal reserve this week bought 3 billion in treasuries, Thats correct your Inflation is being Printed right now, Wet ink and all.. Obama had to make all things Fair right? he wants it so No one can afford Health Care

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http://www.reuters.com/article/hotStocksNews/idUSTRE52H1EE20090318

Hail Obama om nom om

[Barotix]

>_> You're scaring me. Normally I would have a sarcastic remark, but I think the Obama supporters on this forum can do a better job than I.

*grabs popcorn*

[nohunta]

Im sorry do i sense sarcasm?

[Zen]

Im sorry do i sense sarcasm?

I duno?
i gave the articles the seriousness and respect they deserve? i think...

[XemnasXD]

*yawn*

Obama hasn't invaded another country, started a trillion+ dollar war and caused the economy to collapse so so far he's got like 8 1ups on bush so quit your bitching....the only thing that came as a surprise(and not from you thats all old news) was the veterans thing and im hoping it doesn't go through.

I like how ppl are expecting insta-perfection from the guy and when he's been in office for about 3 seconds...managing to close Gitmo and unban the research in stem cells as well as his recent address to Iran is showing he's stepping in the right direction. He said it himself, the economy will take years to fix and while i don't see the value of throwing money at the problem makers he's between a rock and hard place...do nothing and let businesses fail or do something and waste the taxpayers money to help bail out these assholes. If the money stimulates the economy then all the better because doing nothing certainly won't help, i only wish that the money is spent handed out responsibly (stuff like AIG are not acceptable)


all in all i really don't see what you're complaining about, your angle is a bit off here...he's either doing better than bush or the same as bush in almost every area of government and your acting like he's bringing down the wrath of god and all this stuff is original content....seems very Fox Newsish pardon the cliche...

[Barotix]

do nothing and let businesses fail

What is the economic value of business failure, and what are the consequences of manipulating basic market signals such as business failure?

[XemnasXD]

manipulating the market signals such as business failure will be of no use to the millions of people who are out of work or will soon lose their job. Therefore to me whatever consequences may arise from such things would probably be geared towards getting as much money as possible out of the situation which would again not help the situation.

as for the economic value of business failure....i don't see any real economic value in business failure from a personal standpoint and i like the knowledge to determine if it has any value from an economist standpoint....to me it means ppl out of work which is just bad news....

[Zen]

Obama hasn't invaded another country, started a trillion+ dollar war

And here he is America..Your man of Change Like Promised is ending the War in Iraq and Bringing the Troops home!

In recent weeks, a new effort has been undertaken to oppose the escalation of the U.S. war in Afghanistan. As President Barack Obama has committed to sending 17,000 additional troops to the country,

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http://www.mediamouse.org/news/2009/02/rethink-afghanistan-launched.php

Obama hasn't caused the economy to collapse

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What we are seeing in Washington under a different set of elitists is a continued expansion of the failed policies of the Bush administration. Team A has replaced Team B.

This Young Brash Smiling Goofball is determended to radically change the way of economy in the USA and restore this depression back to its former Thriving economey, Let me assure you,
our President Elect is well on the way

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The key to recovery in America is tariffs on goods and services and until that happens there will be no recovery. The system has to be purged of over-valued; misallocated assets and the value of all assets have to be adjusted to reality. The value of the dollar must fall and gold must be allowed to rise to reflect current circumstances. The longer we allow the elitists to postpone their adjustments, the more difficult it will be in the future. The Obama plan has to be stopped now or our society will collapse

International Forecaster Bob Chapman

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http://theinternationalforecaster.com/International_Forecaster_Weekly/Staggering_Deficits_In_A_Depressionary_Economy

Obviously there are Many many more things needed for the Economey, Like restoring the Federal reserve as example, Obama Chooses to use the same tactics As Bush?, Also Letting the people who crashed the market to remain in power?!?.. and Carry on with this Criminal Scam, It is Criminal of itself.

I like how ppl are expecting insta-perfection from the guy and when he's been in office for about 3 seconds...managing to close Gitmo

IT is time to Acknowledge to the World we Do not Support Torture and our Torture Prisons Must Go, It is in Messiah Obama's Greatest plans to Close Guantánamo's Doors for Good.

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The Los Angeles Times reports "there were significant loopholes with both the orders to close the Guantanamo detention center and to overhaul the interrogation program." The Washington Post similarly reports the orders "left maneuvering room on some Bush policies that have long drawn disapproval," and notes Obama "did not prohibit renditions."

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http://www.usnews.com/usnews/politics/bulletin/bulletin_090123.htm

Hail Obama om nom om

[Psychedeelic]

I really refuse to believe there are still people supporting Obama and his lies. I like to think you guys are joking, but sadly half of the population seems to be blind. Whats worse than this, most of you actually live in the US.

It's so obvious, all the good things he's doing or pretends to do, like talking about restoring peace and fix the economy issue are just for the other people to gain trust in him so then he can control them easily.

[cpinney]

i love how you people have nothing better to do then bash up a president that lives on the other side of the world to you. oh and about the veterans health care thing, they retracted that idea.

[Jstar1]

I really refuse to believe there are still people supporting Obama and his lies. I like to think you guys are joking, but sadly half of the population seems to be blind. Whats worse than this, most of you actually live in the US.

It's so obvious, all the good things he's doing or pretends to do, like talking about restoring peace and fix the economy issue are just for the other people to gain trust in him so then he can control them easily.

Why on earth would someone try to pretend to restore peace?

You Obama haters are a bunch of nutsacks. I'm 100% sure if McCain was president people would bash on him what he isn't doing. At least Obama is being proactive in trying to fix this mess.

Oh and republicans should shut their trap about trillion dollar defecits when Bush rang up just as much in the Iraq War.

[Psychedeelic]

i love how you people have nothing better to do then bash up a president that lives on the other side of the world to you

I wouldnt really care if this thing wasnt spreading worldwide. The economy has collapsed here also, and dont tell me obama has nothing to do with it.. weird huh, there was no such thing before. And now he comes to save the world with his awesome superpowers and super plans that wont work (not like they were designed to work).. and now, the economic crisis is affecting my country also, which is on the other side of the world and here the economy was already down, now so many people dont have a job anymore or are about to get fired. We didnt need more. So why wouldnt I be mad?

Why on earth would someone try to pretend to restore peace?

to calm down the population and gain people's trust? the whooole world will live together happily ever after thanks to great USA that restored peace aww cute

[XemnasXD]

Like i said he hasn't STARTED a war. He hasn't CAUSED an economic collapse. These are things in place long before he got into office and these are things that will not stop cold turkey....if you are expecting anything less, you are an idiot. As for the loop holes, again, Obama is still a part of the govn't even if these loopholes are real, and your already reporting on old/wrong/outdated news, its not like its unexpected....you can look at all the administrations of all the great presidents of the 21st century....none of them were perfect....i wasn't expecting the messiah i still don't know why you are.


So far, aside from the handling of the bailout money, he's doing the possible things he promised...thats all we can expect....


and LOL at people from other countries blaming Obama for their job loss....what a bunch of pathetic pieces of shit. You know why you're losing your job...its because your gov't was just as greedy and stupid as every other gov't and bit off way more than it can chew....you can't keep harvesting without planting and the whole world is now suffering for it....any country who shows signs of making it through this crisis (China/India) are countries that have been economically going on the offense, making money off of the greedy bastards who were exploiting the rest of the world...So be like Iceland or France and take up the problem where it starts WITH YOUR OWN F*CKING GOV'T....

and on that note im done with this thread...ppl making mt's out of mole hills and the guys in office for less than 3 months gimme a break....he's one man with the power of a paper weight in the center of a hurricane....at the end of the day as long as things don't get unexpectedly worse, and don't be stupid the worst is most likely yet to come, doesn't mean we won't get through it....as long as they don't get unexpectedly worse i'll consider his time in office a major accomplishment....if you really want to see what he can do, if you really want to see a change, if you really think he might make good on his promises then come back in 4 years and post this thread....if you're out to tear down his image and reputation as quickly as possible because your mad about whatever problem is afflicting your life and you seem to think he's responsible then keep doing what your doing...i don;t have to listen to it and i don't....to me its just the shitty ppl talking shit...i'll stick with the BBC for my news thank you very much....

[Jstar1]

to calm down the population and gain people's trust? the whooole world will live together happily ever after thanks to great USA that restored peace aww cute

Are you on something today? Why the hell would Obama try to conspire to start a war?

[Tasdik]

You Obama haters are a bunch of nutsacks. I'm 100% sure if McCain was president people would bash on him what he isn't doing. At least Obama is being proactive in trying to fix this mess.

Oh and republicans should shut their trap about trillion dollar defecits when Bush rang up just as much in the Iraq War.

1. You democrats and liberals blasted Bush non stop, now it's our turn. Deal with it.

2. Obama has never had to deal with anything as horrific as the World Trade Centers collapsing. Any president should have gone to war over that, about same reason why we went to war after Pearl Harbor.

3. You keep saying that Obama's only been in office for 3 months so we should give him a break. On the other hand Bush was in office for 96 months and now they've both spent about a trillion dollars. Obama on bailing out companies that should've been allowed to fail, thus ruining the who "free market" foundation that America's greatness comes from. And bush spent it on hunting down terrorists.

I'd prefer the latter over just giving AIG millions of dollars so then can in turn give out bonuses to their people.

[Barotix]

manipulating the market signals such as business failure will be of no use to the millions of people who are out of work or will soon lose their job. Therefore to me whatever consequences may arise from such things would probably be geared towards getting as much money as possible out of the situation which would again not help the situation.

as for the economic value of business failure....i don't see any real economic value in business failure from a personal standpoint and i like the knowledge to determine if it has any value from an economist standpoint....to me it means ppl out of work which is just bad news....

Well the consequences of preventing market failure is more mal-investment and more market failure i.e. more job loss. Not allowing bad business to fail prevents the market from recovering earlier because it keeps bad assets in the system. It also send false signals by making bad business practices appear viable, in addition to that; it removes certain market incentives that prevent large scale mal-investment. Now these business will be under the impression that they can never fail so the incentive to improve products, services, and business practices is reduced if not eliminated entirely. Job loss and market failure is part of the market. Market failure also serves the purpose of moving assets that are being used incorrectly (or not at all) to the correct sectors of the market. Resources are realigned and the market recovers earlier than it would under high government intervention (bailouts, etc.) Workers and individuals are also moved to places in the market where they are more useful. Failure teaches a valuable lesson. It lets one know and learn from their mistakes; then they can put in efforts to prevent those mistakes from happening a second time.

In short: They're doing it wrong. =] Don't play death, dumb, and blind. Obama is Human, and as such; he isn't perfect. He is prone to error and from what I can gather he doesn't have a basic understanding of economic principles. /sad face. Y'feel me?

@Tasdik, Bush was a twat, and I would prefer neither. They're practically the same. Just different shades of gray.

edit; there may be some errors in grammar and spelling. I didn't eat lunch yet so, yeah.

[Tasdik]

@Tasdik, Bush was a twat, and I would prefer neither. They're practically the same. Just different shades of gray.

Exactly. Yet he got flamed relentlessly by practically everyone, so it's not surprise that some people would/will/are flamming Obama.

[strangelove]

@Tasdik, Bush was a twat, and I would prefer neither. They're practically the same. Just different shades of gray.

Exactly. Yet he got flamed relentlessly by practically everyone, so it's not surprise that some people would/will/are flamming Obama.

[Tasdik]

@Tasdik, Bush was a twat, and I would prefer neither. They're practically the same. Just different shades of gray.

Exactly. Yet he got flamed relentlessly by practically everyone, so it's not surprise that some people would/will/are flamming Obama.

Lol!

[Avalanche]

People who do not live in the US should have an automatic STFU factor when they talk shit about OUR president. We don't go prying in your lives saying your guy's politics fail.

[rumpleKillskin]

1. You democrats and liberals blasted Bush non stop, now it's our turn. Deal with it.

2. Obama has never had to deal with anything as horrific as the World Trade Centers collapsing. Any president should have gone to war over that, about same reason why we went to war after Pearl Harbor.

3. You keep saying that Obama's only been in office for 3 months so we should give him a break. On the other hand Bush was in office for 96 months and now they've both spent about a trillion dollars. Obama on bailing out companies that should've been allowed to fail, thus ruining the who "free market" foundation that America's greatness comes from. And bush spent it on hunting down terrorists.

1) Everyone has their opinion, feel free to express it.

2) Your right, he hasn't had to deal with that. He has to deal with an economic mess that a certain previous president started and didn't clean up. Along with that various things like the Iraq war and what is our future in the global economy. Nice argument though.

3) Everyone has to recognize that he doesn't have the ability to walk into the office and magically fix things. He himself even stated that the economy will take years to fully recover. Also, hunting down terrorists? I agree that they should be stopped, but why are we trying to be the national police headquarters? At times it just gets us in more trouble that there was to begin with.

I really refuse to believe there are still people supporting Obama and his lies. I like to think you guys are joking, but sadly half of the population seems to be blind. Whats worse than this, most of you actually live in the US.

It's so obvious, all the good things he's doing or pretends to do, like talking about restoring peace and fix the economy issue are just for the other people to gain trust in him so then he can control them easily.

lul. I mean come on guys, one day were all going to wake up hypnotized working for Obama and his super evil plans. I am telling the truth guys, its soooooooooooooooo obvious..

[Blindfire]

Tasdik, Bush can only use the terrorist attacks on the World Trade Center to justify moving troops into Afghanistan. Saddam Hussein had nothing to do with 9/11, Saddam and Osama Bin Laden were actually foes.

[Tasdik]

3) Everyone has to recognize that he doesn't have the ability to walk into the office and magically fix things. He himself even stated that the economy will take years to fully recover.

Problem is that Obama sold himself has someone who would "magically fix things" any intelligent person should've known that this wouldn't be the case. Yet there are lots of people out there who believed it.

Tasdik, Bush can only use the terrorist attacks on the World Trade Center to justify moving troops into Afghanistan. Saddam Hussein had nothing to do with 9/11, Saddam and Osama Bin Laden were actually foes.

True.

[rumpleKillskin]

Where exactly did he say that things would drastically change when he would start his term? Im actually curious to see if he actually said that..

[woutR]

People who do not live in the US should have an automatic STFU factor when they talk shit about OUR president. We don't go prying in your lives saying your guy's politics fail.

Our guy doesn't influence the world as much as your guy.

[F-22]

i say we should stop giving money to the lazy ass poor people. if i run the country i would only help the single mothers, old people, orphans, and college students. Everyone can kiss my ass. Most people who are on wel-fare are taking advantage of the system. I think its a good thing obama is punishing the greedy bankers but at the same time he is giving too much money away.

[SM-Count]

He hasn't CAUSED an economic collapse.

You've absorbed nothing from all your postings in political topics if you still think Bush caused the economic collapse. He didn't stop it, that's different from causing it.

[Avalanche]

People who do not live in the US should have an automatic STFU factor when they talk shit about OUR president. We don't go prying in your lives saying your guy's politics fail.

Our guy doesn't influence the world as much as your guy.

The issues bitched on this forum mostly deals with U.S. Citizens only tho.