Mr Obama - Time for a reality check

Add a Comment

Comment by shellyelliot on January 12, 2009 at 11:05am

Great post! Exactly why I voted Third Party ;)

Comment by bob3160 on January 12, 2009 at 8:24am

Bush was also committed to pulling out the troops and we are apparently still following his time table just as the phase out of the so called "tax breaks to the rich" will end when the current pill ends at the end of 2010.
Not being able to keep campaign promises is something all candidates do so it's not a surprise that Pres. elect Obama has to recant some of his promises.

Comment by Tyler Tufte on January 11, 2009 at 8:00pm

He's already committed to a pull out plan in Iraq, I think that should save us alot of money. I don't think investing in America is a way to dig a hole. Like the old saying, "You have to spend some money to make some money".

Comment by bob3160 on January 11, 2009 at 6:54pm

I never called him unfit. If that was my opinion, I never would have voted for the man.
I'm just stating that adding more billions to the already huge debt isn't any way to dig us out of a hole.

Comment by Tyler Tufte on January 11, 2009 at 6:13pm

And does everybody telling you how you are doing your job wrong (before you start) really help? I know that wouldn't motivate me. In your eye he will always fail, never be good enough. I see your point, but what has he done wrong that you absolutely know all the facts behind. Where you there when he voted on measures in the Senate? Did you read through everything? There are to many unknowns to be certain that he is already unfit.

So all the other countries out there are just going to go along with the "Hey, you guys messed up, Don't worry about the billions that you owe us. Consider it gone!" ....yeah...right.

Comment by bob3160 on January 11, 2009 at 1:08pm

"Does anybody really think that this mess the country is in could be fixed in one term? If so, you are living a wet dream."
It's easy. Declare bankruptcy and start all over.
Once that step has been done, the Country will be on an austerity budget. Cash only.
If we, the country can afford it and have the money for it, we can buy or do it. If not, we'll have to wait.
"A country can't go bankrupt! Why not, individuals have to do it every day and survive."
Most are better for having taken that step and wiped the plate clean.
This is an extream measure but with some modifications may be the only prudent thing to do.

Comment by bob3160 on January 11, 2009 at 12:54pm

"That's the real problem of this country. All this arguing of who is better and who can't get the job done "correctly". The man hasn't even taken office."
How you act and what you do prior to starting a job gives people an indication of your actions once you start your job.
When ever I was hired for a job, it was my prior job performance that set the standard of how I was perceived in my new job. Why can't we expect the same from the person who is about to start the most important job in this country?

Comment by Tyler Tufte on January 11, 2009 at 10:02am

Can't we all just get along? That's the real problem of this country. All this arguing of who is better and who can't get the job done "correctly". The man hasn't even taken office. Lets give him a chance. How would you like it if you took a job and everybody is already doubting and insulting your judgment?

Does anybody really think that this mess the country is in could be fixed in one term? If so, you are living a wet dream.

Comment by bob3160 on January 11, 2009 at 8:16am

"Does anyone remember the early 1980's?"
Jimmy Carter - - - 16% interest rates on Mortgages - 19% interest rates for Certificates Of Deposit
Yes, I remember. His administration proved that you can't please every one. Trying to do so, only offends most. Another good lesson to remember.

Comment by bob3160 on January 10, 2009 at 5:25pm

"Biggots! that's what all are,typical of you white people to pick and poke a black man in a higher position."
Keep in mind that I had no choice in the color of my skin when I was born any more than you did.
So let's not make this another "Race" issue.
Simple economics is all this turns out to be. Something Mr Obama I'm sure is just as good at as I am.
I spent 25 years in banking but back then, we didn't make loans to any one who couldn't reasonably be expected to pay it back.
Our problem started when the banks made loans to people who couldn't afford them , and then hopefully sold those loans before the default occurred.
Very similar to a pyramid scheme which is illegal when it's called by it's right name.
The banks including Fannie Mae and Freddie Mac called it "First time Buyers plan"
Pay no interest for the first 5-10 years of your mortgage to keep the payments low and, at the end of the mortgage term, pay an exorbitant balloon payment to make up for the interest you never payed.
Totally unfair to the poor suckers who where scammed into taking these type of loans but, a great money maker for the banks. ( Except the bank that owned the loan when it was time to pay the piper. )
Economics not Race that got us into trouble. I'm still hoping that on 1/21/09 President Obama sees the light of day and takes some constructive measures to get us out of this mess.

• First
• Previous
• Next
• Last