Barack Obama

[randolph]

Ahem! Who created all this current debt?
If anyone, from the US government down to Joe Blow, has financial problems and debt, you need to cut spending. The republican congress and Bush both had problems with this. $261 billion of our 2008 budget goes towards interest on the debt. So you need to cut spending. Quit living beyond your means, or else the debt will obviously continue to grow. And you'll have to cut it drastically just to be able to actually start reducing the debt.

Also, it was not Milton Friedman who created this mess but his fiscal philosophy that dominated the Chicago school of economics in the 50s and 60s. The naive belief that capitalism can automatically regulate and control itself without government regulation. There is absolutely no evidence in history to support that belief. Capitalism is the way to generate wealth, no doubt. However, it must be carefully regulated to prevent excessive speculation and criminals like Madoff from screwing things up. Granted, when the good times roll every body wants to get into the act and commonsense goes out the window. The encouragement of low income people to buy houses was not a bad idea in itself, IF carefully regulated. The illusion that housing values would go up forever is what messed up the system. Greenspan further encouraged the speculation by keeping the Feds interest rate too low. The final problem is the innovative creation of bundled securities that nobody really understood and were completely unregulated. Greenspan had no idea how the financial risk was spiraling out of control.
Anyway, we are all in this together!

A democrat decided to buy a used car and went to a dealer who happened to be a republican. The dealer showed the democrat a car and they took it out for a test drive. The democrat took over driving and as they started to cross a railroad track the car stalled. The democrat was frantically trying to get the car started as a train bore down on them. The republican salesman said, forget about getting the car started, I am a republican and I believe the train will stop before it hits us.

[franalexes]

http://www.cnbc.com/id/15840232?video=1039849853

Some people are starting to figure it out.

[randolph]

Originally Posted by franalexes

http://www.cnbc.com/id/15840232?video=1039849853

Some people are starting to figure it out.

Its a big problem to bail out our neighbors with billions but it was not a problem to spend billions destroying Iraq and killing thousands of our boys and Iraq citizens?

[franalexes]

You think we should bail out the crooked bankers and wall street first?

[randolph]

Originally Posted by franalexes

You think we should bail out the crooked bankers and wall street first?

Those guys should all be in jail!

[franalexes]

Originally Posted by randolph

Those guys should all be in jail!

But they are not. They are in the Carribean on a beach, writing checks to the Democrat National Committee.

[randolph]

Originally Posted by franalexes

But they are not. They are in the Carribean on a beach, writing checks to the Democrat National Committee.

Franny get your gun, we are going after them.

[CreativeMind]

Originally Posted by franalexes

But they are not. They are in the Carribean on a beach, writing checks to the Democrat National Committee.

Yeah, gotta love Obama feeling our pain.
Hey, Big O, how about paying some of your OWN bills?
Or will my tax dollars go to bailing YOU out as well?

CHICAGO SUN-TIMES
February 20, 2009

Chicago has yet to recoup the $1.74 million cost of President Obama's victory celebration in Grant Park -- despite a burgeoning $50.5 million budget shortfall that threatens more layoffs and union concessions.

"The Democratic National Committee has not yet paid us,'' Peter Scales, a spokesman for the city's Office of Budget and Management, said Thursday after questions from the Chicago Sun-Times. "We're reaching out to them this week."

Stacie Paxton, a spokeswoman for the Obama-controlled DNC, explained the reimbursement delay by saying, "We are still looking at various costs and bills.'' She would not say whether parts of the bill are disputed.

The city spent $1 million on police protection for the rally. The Office of Emergency Management and Communications racked up more than $120,000 in expenses, including $19,500 paid to police official Neil Sullivan to quarterback election night logistics.

In late October, Mayor Daley assured that the cash-flush Obama campaign would reimburse the city for every penny spent on the rally. "We have a financial crisis," he said at the time. "The City of Chicago could not afford $2 million on this because we're gonna be laying off people, cutting back. That [cost] would really be unfortunate. It's a huge cost to the City of Chicago.

"This is not a presidential visit. This is a political event, and they've agreed to pay for all those services -- all the expenses of that. ... It's costly, but they raised quite a bit of money. There's no [shortage] of money in that campaign."

The day after the Nov. 4 election, Daley was asked again whether the Obama campaign would pay up.

"Yeah. I don't know why you're so negative. What is this? He just won for president, and you say, 'He's not gonna pay his bills,' " the mayor said then.

On Dec. 9, the day the Sun-Times disclosed the $1.74 million tab, Obama spokesman Ben LaBolt referred questions to the DNC. Paxton confirmed then that the rally was a "DNC-sponsored event" and that the party was discussing the itemized bill with the city.

[randolph]

Originally Posted by franalexes

But they are not. They are in the Carribean on a beach, writing checks to the Democrat National Committee.

Franny get your gun we are going to the Caribbean.

[CreativeMind]

Originally Posted by randolph

A democrat decided to buy a used car and went to a dealer who happened to be a republican. The dealer showed the democrat a car and they took it out for a test drive. The democrat took over driving and as they started to cross a railroad track the car stalled. The democrat was frantically trying to get the car started as a train bore down on them. The republican salesman said, forget about getting the car started, I am a republican and I believe the train will stop before it hits us.

Of course, the ACTUAL punchline to this story being...

With the train's warning horn honking again and again, the Republican finally did have the brains to step out of the car. Why? Because a fucking train was bearing down on them and he realized it was the only sane thing to do.

Meanwhile, the Democrat continued to just sit in the car because he felt the car breaking down wasn't his fault. Even though this was the car HE examined on the lot and HE picked to drive and even though HE was the one driving it.

So, true to his political beliefs and even with a goddamn freight train bearing down on him -- its warning horn STILL repeatedly blowing -- the Democrat was more than willing to sit there, arms folded across his chest like a spoiled child having a temper tantrum, till somebody ELSE came along and GAVE him a new car or till somebody ELSE came along and THEY PAID for repairing his car or till somebody ELSE came along and got behind his car and using THEIR sweat and effort pushed him out of the way -- all while he continued to sit comfortably in the car, putting in no effort at all on his part.

Because in the end, why should the Democrat have the simple common sense to open the car door and get out himself when he can get somebody else to do it for him?