White House Incompetance Continues....

  • MrGiz
  • 09-05-2011, 11:57 AM
That's one of the differences between me and you, Doove.

I correct my mistakes.... you're out, campaigning for yours!
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  • Doove
  • 09-05-2011, 11:57 AM
I still want to know what policies that Obama has championed that make the crappy economy he inherited better. I do not blame him for what he stepped in to but I do blame him for policies that make a bad situation worse. Originally Posted by Laz
We were on the verge of a financial meltdown. We didn't melt down.

To say he took a bad situation and made it worse is simply not true.
CuteOldGuy's Avatar
WE, why do you assume that because I do not support President Obama that I must have to apologize for Bush, Palin, McCain, et al? Yes, they are idiots, too. I just think it is fair that President Obama be treated the same as they have been. The idea that President Obama is somehow "intellectually superior" is simply bullshit. He is business as usual, like we've had for over 40 years. The only difference with President Obama is that he does not hide his Marxism as his predecessors have. We will not survive as a country if we keep electing Democrats or Republicans.

Munch. If you don't want government control, why do you support President Obama, who wants the government to control health care, banking, GM; essentially everything? And I ain't pulling anything of yours. But keep trying, you're fun to watch.
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  • Doove
  • 09-05-2011, 12:28 PM
That's one of the differences between me and you, Doove.

I correct my mistakes. Originally Posted by MrGiz
By altering my comment via the quote button? And then editing your post to change my comment back to it's original after you got busted?

That's not "correcting your mistakes". That's "practicing deception". Which is the real difference between you and me.
  • MrGiz
  • 09-05-2011, 12:37 PM
Keep clapping Doove , he needs your enthusiastic support!
  • Laz
  • 09-05-2011, 05:07 PM
We were on the verge of a financial meltdown. We didn't melt down.

To say he took a bad situation and made it worse is simply not true. Originally Posted by Doove
Technically Bush bailed out the banks and theoretically prevented the meltdown. The only way to know for sure if he was right in doing that is to have a comparison where the banks were not bailed out and compare the results.

However, I personally think that if the banks that would have failed were allowed to fail the surviving banks would have provided the services that they failed ones no longer could. As for bailing out AIG I have a problem with bailing out an insurance company that had one failed division. The company should have gone through bankruptcy and the profitable divisions sold off. That money would have offset the losses to those that had a claim.

What Obama did was take over GM and Chrysler. They were both bankrupt companies with valuable assets. They should have gone through bankruptcy where the profitable pieces would have been reorganized and spun off. Creditors would have been paid as in all bankruptcies. Remember when someone makes an investment there is always the risk of loss.

He also passed a stimulus bill that did no good long term. The problems states had were just deferred because of stimulus money but they still had to be dealt with. There were probably some good road projects done but that did not save the economy.

Do you want me to get into the disaster Obamacare will be or the wasted spending on green jobs or the jobs lost in the oil industry or the over regulation going on or ......
Doove's Avatar
  • Doove
  • 09-05-2011, 05:33 PM
The only way to know for sure if he was right in doing that is to have a comparison where the banks were not bailed out and compare the results. Originally Posted by Laz
Agreed.

He also passed a stimulus bill that did no good long term....

Do you want me to get into the disaster Obamacare will be or the wasted spending on green jobs or the jobs lost in the oil industry or the over regulation going on or ......
No need.