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Is Obama incompetent or purposely ruining the economy???

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Old 03-11-2009, 10:03 AM
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Is Obama incompetent or purposely ruining the economy???

When business is way way down, why would you slow it down even further by increasing government spending which ultimately means higher taxes? If you take money out of the consumer pockets, there is less spending and a slower economy. If you tax business with things like a "wind fall profit tax" against oil, they will explore less and oil prices will increase. If you socialize medicine and try to cap profits on pharmaceutical companies, you will decrease incentive to invest in cures in things like cancer. Is Obama a moron or is purposely trying to ruin the economy for his socialist agenda?????????????
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Old 03-11-2009, 10:13 AM
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I don't know if he's doing on purpose, it wouldn't shock me. It's clear though that expanding government is a bigger priority than the economy.
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Old 03-11-2009, 10:15 AM
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where were you imbeciles when bush was president? i'm sure we'd have loved the daily spew.
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Old 03-11-2009, 10:16 AM
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He's not incompetent. He's also not ruining the economy.

Right now there's not a whole lot of difference between the Obama administration and the last four years of Bush's. This is mainly because you have the same Congress. Congress has the purse strings, the POTUS does not. The POTUS actually has very little power. Too much credit is given to the POTUS when something works and things are good, and way too much blame is placed on him/her when it doesn't and things are "bad."

Right now it looks to me like Obama is walking an ever-thinning tightrope while juggling 20 bowling pins. He's keeping these pins in the air while walking the tightrope ever slowly. Until he starts dropping some, or some of them are no longer in play, we're not going to really know the man and what he's really all about.

I made about $15,000 in the stock market yesterday, from speculative investments made last Thursday. I am going to take that profit and speculate again, on more weak stocks. If I am doing this on this pitifully low level, imagine what the high rollers are doing. This is why you have the instability in the markets IMO.

Imagine the economy is the Atlantic Ocean, with all it's size, complexities, currents, saline content, everything else, then imagine Obama or any other POTUS is a dude on the beach windsurfing or water skiing. Or fishing. Then you get the picture of really how insignificant the POTUS is on the economy.

Now imagine Congress is a hurricane in that ocean that never dissipates.....

And then you'll understand.
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Old 03-11-2009, 10:20 AM
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Quote: Originally Posted by jillian View Post
where were you imbeciles when bush was president? i'm sure we'd have loved the daily spew.
What does that have to do with Obama destroying the economy?
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Old 03-11-2009, 10:35 AM
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Quote: Originally Posted by jillian View Post
where were you imbeciles when bush was president? i'm sure we'd have loved the daily spew.
It doesn't take a brain surgeon to know that NO president has expanded government with nearly this kind of velocity. Only an imbecile would think this government expansion is being done to help the economy. And are you saying the wasn't daily spew by the MSM pointing out Bush's short comings ? It seemed more like hourly spew to me.....
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Old 03-11-2009, 10:38 AM
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Jillian thinks anyone who isn't just like her is an imbecile and should be weeded out of the population.
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Old 03-11-2009, 10:41 AM
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Quote: Originally Posted by Dorkazoid_Jones View Post
When business is way way down, why would you slow it down even further by increasing government spending which ultimately means higher taxes? If you take money out of the consumer pockets, there is less spending and a slower economy. If you tax business with things like a "wind fall profit tax" against oil, they will explore less and oil prices will increase. If you socialize medicine and try to cap profits on pharmaceutical companies, you will decrease incentive to invest in cures in things like cancer. Is Obama a moron or is purposely trying to ruin the economy for his socialist agenda?????????????
He's definitely not the sharpest pencil in the drawer, but I believe he is trying to do what he thinks is right. Unfortunately, it's wrong. Deep down, however, he wants the government to play a bigger roll in everyone's lives so the ultimate goal is a move towards Socialism. (We're almost there, so he doesn't have to do much.)
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Old 03-11-2009, 10:45 AM
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Quote: Originally Posted by AllieBaba View Post
Jillian thinks anyone who isn't just like her is an imbecile and should be weeded out of the population.
This is what passes for intellectual debate by the left.
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Old 03-11-2009, 10:51 AM
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Quote: Originally Posted by xsited1 View Post
He's definitely not the sharpest pencil in the drawer.
I've never bought in to these arguments. For a man to become POTUS he has to be pretty sharp. He doesn't have to be a genius, but he does have to be educated. Obama is very intelligent and crafty, has a nominal level of street smarts, and is educated. He's no dummy, not any more or less than Bush was.

Claiming the POTUS is dumb, stupid, etc is always the sign of a weak argument, in my mind.
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Quote: Originally Posted by Old Crocks View Post
I gave you a peer reviewed current article concerning the warming of the oceans. (it was from 2000!)
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In terms of stationary wind mill farms all that is needed is jet engines to provide wind when natural winds are not available.
^^^ Yes, Octodolt is SERIOUS!!!
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Old 03-11-2009, 10:52 AM
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Quote: Originally Posted by driveby View Post
I don't know if he's doing on purpose, it wouldn't shock me. It's clear though that expanding government is a bigger priority than the economy.
I believe that President Obama is above average in intelligence. and certainly should not be referred to as a 'moron.'

I would love to defend that point about his intellect.

But for this thread, I believe that driveby is correct, in terms of his priorities, an ideology is more important than solution of the problems. The President is a 'true believer.'

BTW, if he had studied history, perhaps he would have recognized one of the fastest recoveries from a recession, in the Harding Administration:
"Harding's reaction to the recession of 1920-21, which was brought on by several factors: High unemployment brought on by both the returning soldiers from WWI trying to find jobs, and the lag between the time it takes to convert high wartime industrial production to consumer production, and one that I never see cited but was crucial: The effects of the great Spanish Influenza pandemic worldwide that killed millions and restricted travel and trade. The Harding administration did very little in the way of government intervention to 'kickstart' the economy, instead letting the marketplace correct itself, and the result was one of the fastest recoveries on record."
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Last edited by PoliticalChic; 03-11-2009 at 11:15 AM.
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Old 03-11-2009, 10:59 AM
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Quote: Originally Posted by Midnight Marauder View Post
Quote: Originally Posted by xsited1 View Post
He's definitely not the sharpest pencil in the drawer.
I've never bought in to these arguments. For a man to become POTUS he has to be pretty sharp. He doesn't have to be a genius, but he does have to be educated. Obama is very intelligent and crafty, has a nominal level of street smarts, and is educated. He's no dummy, not any more or less than Bush was.

Claiming the POTUS is dumb, stupid, etc is always the sign of a weak argument, in my mind.
Don't say that to a liberal regarding Bush......
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Old 03-11-2009, 11:02 AM
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Quote: Originally Posted by xsited1 View Post
Quote: Originally Posted by Dorkazoid_Jones View Post
When business is way way down, why would you slow it down even further by increasing government spending which ultimately means higher taxes? If you take money out of the consumer pockets, there is less spending and a slower economy. If you tax business with things like a "wind fall profit tax" against oil, they will explore less and oil prices will increase. If you socialize medicine and try to cap profits on pharmaceutical companies, you will decrease incentive to invest in cures in things like cancer. Is Obama a moron or is purposely trying to ruin the economy for his socialist agenda?????????????
He's definitely not the sharpest pencil in the drawer, but I believe he is trying to do what he thinks is right. Unfortunately, it's wrong. Deep down, however, he wants the government to play a bigger roll in everyone's lives so the ultimate goal is a move towards Socialism. (We're almost there, so he doesn't have to do much.)

So if he is not smart according to you and he represents us. What does that say about us then.
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Old 03-11-2009, 11:11 AM
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Quote: Originally Posted by cunclusion View Post
Quote: Originally Posted by xsited1 View Post
Quote: Originally Posted by Dorkazoid_Jones View Post
When business is way way down, why would you slow it down even further by increasing government spending which ultimately means higher taxes? If you take money out of the consumer pockets, there is less spending and a slower economy. If you tax business with things like a "wind fall profit tax" against oil, they will explore less and oil prices will increase. If you socialize medicine and try to cap profits on pharmaceutical companies, you will decrease incentive to invest in cures in things like cancer. Is Obama a moron or is purposely trying to ruin the economy for his socialist agenda?????????????
He's definitely not the sharpest pencil in the drawer, but I believe he is trying to do what he thinks is right. Unfortunately, it's wrong. Deep down, however, he wants the government to play a bigger roll in everyone's lives so the ultimate goal is a move towards Socialism. (We're almost there, so he doesn't have to do much.)

So if he is not smart according to you and he represents us. What does that say about us then.
53% of the country are morons ?
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Old 03-11-2009, 11:17 AM
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Quote: Originally Posted by driveby View Post
Quote: Originally Posted by cunclusion View Post
Quote: Originally Posted by xsited1 View Post

He's definitely not the sharpest pencil in the drawer, but I believe he is trying to do what he thinks is right. Unfortunately, it's wrong. Deep down, however, he wants the government to play a bigger roll in everyone's lives so the ultimate goal is a move towards Socialism. (We're almost there, so he doesn't have to do much.)

So if he is not smart according to you and he represents us. What does that say about us then.
53% of the country are morons ?
It means alot of people are ignorant and others are self centered which I have seen alot on this board.
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