Barack Obama

[randolph]

On top of everything else we are now going to spend $600 million dollars in Gaza to repair what the Israelis did! FuXXXXXed again!

[TracyCoxx]

WTH???
1. It's not our responsibility to magically solve all the world's problems.
2. The Palestinians brought the destruction on themselves by breaking the cease fire. They're responsible for their predicament.
3. Why can't the Palestinians make the repairs? If they can't afford to, what's the difference? We can't either!

Will the Obama administration please, for once, do something that makes sense?!

[CreativeMind]

Originally Posted by randolph

On top of everything else we are now going to spend $600 million dollars in Gaza to repair what the Israelis did! FuXXXXXed again!

Originally Posted by TracyCoxx

WTH???
1. It's not our responsibility to magically solve all the world's problems.
2. The Palestinians brought the destruction on themselves by breaking the cease fire. They're responsible for their predicament.
3. Why can't the Palestinians make the repairs? If they can't afford to, what's the difference? We can't either!

Will the Obama administration please, for once, do something that makes sense?!

I hate to break it to you both, but you'd better get used to MORE of this happening in the days, weeks, months and years to come, especially with Obama in office and the rest of the world -- especially socialists -- SO in love with him and feeling he's some sort of cult figure. Or as conservative columnist Michelle Malkin correctly notes, we now live in the age of a "savior based economy."

So what's next? A Global New Deal? Gee, guess who Europe and other poor countries 'round the world are gonna expect to pick up the tab for THIS one!

CNN
February 22, 2009

BERLIN, Germany (CNN) -- The world needs a "global New Deal" to haul it out of the economic crisis it faces, Prime Minister Gordon Brown of the United Kingdom said Sunday.

"We need a global New Deal -- a grand bargain between the countries and continents of this world -- so that the world economy can not only recover but... so the banking system can be based on... best principles," he said, referring to the 1930s American plan to fight the Great Depression. Brown was speaking as the leaders of Europe's biggest economies met to try to forge a common position on the global financial crisis ahead of a major summit in London in April.

French President Nicolas Sarkozy said the world's response to the global financial meltdown had to be profound and long-lasting, not just tinkering around the edges. "Europe wants to see an overhaul of the system. We all agree on that. We're not talking about superficial measures now or transitional measures -- we're talking about structural measure, which need to be taken," he said.

German Chancellor Angela Merkel, the host of the meeting, urged nations of the world to work together to fight the problem. "Confidence can only be restored if people in our countries feel that we are pulling in the same direction and have understood that we really must learn lessons from this crisis," she said.

** Translation: America will pay for this!

And she proposed that a new institution grow out of the crisis, "which will take on more responsibility for global [financial] mechanisms."

** Translation: But the EU will be in charge and America has to do what we say!

The Europeans say they have agreed international financial markets must be regulated more thoroughly. That also means stricter rules for hedge funds and credit-rating agencies. European and world leaders have been holding frequent summits as they struggle to cope with a financial crisis that has affected banks, homeowners, businesses and employees around the world.
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London will host a meeting of the Group of 20 nations in April. The G-20 includes the G-7 leading industrialized nations -- Canada, France, Germany, Italy, Japan, the United Kingdom and the United States -- as well as the world's largest developing economies: Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea and Turkey, plus the European Union. The managing director of the International Monetary Fund and the president of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings.

[TracyCoxx]

This is like we're all on a passenger jet, in stormy weather, over the water, and rather than Captain Sullenberger at the helm, there's a 6 year old up there.

[CreativeMind]

Originally Posted by TracyCoxx

This is like we're all on a passenger jet, in stormy weather, over the water, and rather than Captain Sullenberger at the helm, there's a 6 year old up there.

Well, the big question is how will the markets react to his speech tonight?

Yesterday, the markets dropped 250 points in a giant sell-off. Today, the markets rebounded as investors picked up assorted things, feeling a bit more at ease that Obama is not looking to nationalize the banks -- even though the White House has given every indication THAT option is still on the table. In fact, I don't know why anyone would think it's off the table. For crying out loud, right now Citibank is actually asking the government to step in and buy up more of its common shares.

So, all day people and commentators on the financial shows have been saying one of two things is going to happen. Either Obama will give an "okay" speech tonight and calm SOME fears and the market will continue on, trying to rebound naturally...a bit up...a big down...back and forth till it finally equalizes over a long period of time...

...OR others are predicting if his speech talks too much about far reaching government programs (and thus further spending) that he still wants to ram through right now (like universal health care) that tomorrow morning you could see one of the biggest sell-offs in history because Wall Street will basically be running for the hills.

Oh, and with tonight's speech Obama needs to earn back the American people's sense of good will and the sense of "hope" he ran on. While I know people like Hank (who is overseas) adore and love Obama, here at home in the latest national poll Obama has dropped yet another 10 points in terms of his Job Approval rating. So right now only 59% of the American people...and dropping...think he's doing a good job.

[randolph]

Obama is not God, he does not have a magic wand to wave around and solve this crisis. He has only been in office a few weeks for Peat's sake! He not only has to deal with Repubs. who voted AGAINST the largest tax cut in history but lobbyists determined to hold on to lucrative connections between capitalists and Congress. No one can solve this alone, it will take a concerted effort of all of us to dig ourselves out of this hole. Its time to "flush Rush" and learn how to cooperate!

[CreativeMind]

Originally Posted by randolph

No one can solve this alone, it will take a concerted effort of all of us to dig ourselves out of this hole.
Its time to "flush Rush" and learn how to cooperate!

"flush Rush"? Well, since you like catchy rhyming phrases,
I assume in that same spirit of "cooperation" the Left is willing to "ban Olbermann"?