At What Date Does Obama Accept Responsibility for the Economy?

[Annie]

the debt to loan ratio was changed during the 80's 90's 2000's....Reagan administration/Bush 1 administration/and clinton administration and Bush2 administration.....all eased these ratios....

Why say it was the dems only?

Wonder why default rates did not go up and cause a market crash and credit crisis during the 80's(oops, we did have a crash with the savings and loans during the late 80's) and 90's, when many of these changes were made?

hmmmmmmmmm, i wonder what else changed that allowed this debaucle?

This was a miriad of problems with Wall Street and lack of government oversight.....not one single thing allowed this crisis to happen and anyone that wants to claim such, has not seen the full picture of this crisis, it was a multitude of things that caused this mess and greed can't be left out as one of them... imo.

care

Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

Bush deserved what he got, he should have sold or at least told his 'vision.' I've never said different. Obama deserves the reaction he's getting, he's leading us to an abyss without a plan, none, nada. Yet, very, very expensive on all of our children, grandchildren, great grandchildren...

 

[Care4all]

Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

Bush deserved what he got, he should have sold or at least told his 'vision.' I've never said different. Obama deserves the reaction he's getting, he's leading us to an abyss without a plan, none, nada. Yet, very, very expensive on all of our children, grandchildren, great grandchildren...

then we go belly up, declare bankruptcy...release our debts....

this will make getting any kind of credit expensive, making it hard for our government to borrow, but maybe this is just what we need at this point? That would be one way to stop them from spending like drunken sailors...

with wall street getting 3 trillion of our taxes in various bailouts and America getting another trillion in a stimulus, let alone the regular spending and budget of the country, i can see us having to declare bankruptcy....by the time they no longer are collecting SS surplus taxes to pay for what income taxes should...maybe by 2012 or so....at the rate we are going with our economy...collecting less in SS monies with a slower economy and collecting less in ss surplus taxes due to such...so we might need to start paying back what we borrowed from SS sooner than we think....

This whole mess is a perfect storm.

Care

 

[Annie]

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

Bush deserved what he got, he should have sold or at least told his 'vision.' I've never said different. Obama deserves the reaction he's getting, he's leading us to an abyss without a plan, none, nada. Yet, very, very expensive on all of our children, grandchildren, great grandchildren...

then we go belly up, declare bankruptcy...release our debts....

this will make getting any kind of credit expensive, making it hard for our government to borrow, but maybe this is just what we need at this point? That would be one way to stop them from spending like drunken sailors...

with wall street getting 3 trillion of our taxes in various bailouts and America getting another trillion in a stimulus, let alone the regular spending and budget of the country, i can see us having to declare bankruptcy....by the time they no longer are collecting SS surplus taxes to pay for what income taxes should...maybe by 2012 or so....at the rate we are going with our economy...collecting less in SS monies with a slower economy and collecting less in ss taxes due to such...so we might need to start paying back what we borrowed from SS sooner than we think....

This whole mess is a perfect storm.

Care

Yet one you and others seem to really find 'perfect', meaning of consequence and necessary.

 

[Care4all]

Bush deserved what he got, he should have sold or at least told his 'vision.' I've never said different. Obama deserves the reaction he's getting, he's leading us to an abyss without a plan, none, nada. Yet, very, very expensive on all of our children, grandchildren, great grandchildren...

then we go belly up, declare bankruptcy...release our debts....

this will make getting any kind of credit expensive, making it hard for our government to borrow, but maybe this is just what we need at this point? That would be one way to stop them from spending like drunken sailors...

with wall street getting 3 trillion of our taxes in various bailouts and America getting another trillion in a stimulus, let alone the regular spending and budget of the country, i can see us having to declare bankruptcy....by the time they no longer are collecting SS surplus taxes to pay for what income taxes should...maybe by 2012 or so....at the rate we are going with our economy...collecting less in SS monies with a slower economy and collecting less in ss taxes due to such...so we might need to start paying back what we borrowed from SS sooner than we think....

This whole mess is a perfect storm.

Care

Yet one you and others seem to really find 'perfect', meaning of consequence and necessary.

I'm not understanding annie, what are you trying to say...? one more time please !

 

[Xenophon]

Think of the nation for god sake instead of this endless partsian bullshit.

You ought to try that yourself.

The fact that Bush handed off a broken economy has nothing to do with todays problems.

WAFA

Like most of the left here, you don't pay attention, I do think of the nation.

I have NEVER supported the GoP or their spending sprees, nor Bush the dickwad, or his papa the CIA prick.

You are too invested in us/them so you think the answer to every criticism of Obama is to bring up Bush and that I will have to shut up because he's somehow my guy.

NEWSFLASH PART DEUX: He was NEVER my guy, he was an asshole, but he looks like a financial wiz kid compared to the moron in the white house now.

See his latest 'idea?'

DOUBLE AND TRIPLE energy costs to combat 'global warming' while we are in a serious recession!

How can you sit there and support this fool?

 

[Immanuel]

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

Bush deserved what he got, he should have sold or at least told his 'vision.' I've never said different. Obama deserves the reaction he's getting, he's leading us to an abyss without a plan, none, nada. Yet, very, very expensive on all of our children, grandchildren, great grandchildren...

then we go belly up, declare bankruptcy...release our debts....

this will make getting any kind of credit expensive, making it hard for our government to borrow, but maybe this is just what we need at this point? That would be one way to stop them from spending like drunken sailors...

with wall street getting 3 trillion of our taxes in various bailouts and America getting another trillion in a stimulus, let alone the regular spending and budget of the country, i can see us having to declare bankruptcy....by the time they no longer are collecting SS surplus taxes to pay for what income taxes should...maybe by 2012 or so....at the rate we are going with our economy...collecting less in SS monies with a slower economy and collecting less in ss surplus taxes due to such...so we might need to start paying back what we borrowed from SS sooner than we think....

This whole mess is a perfect storm.

Care

Hey Care,

Good evening.

If you think the world economy is a disaster right now, just wait until the U.S. tells the rest of the world to shove it.

We're in trouble. Pointing the finger at Clinton, Bush or Obama won't solve the problem. We got into this mess on our own and our economy is suffering for it. I'm afraid, that despite the efforts (note I did not say because of, but they may have their influence) of President Obama things will get a hell of a lot worse before they get any better.

I only pray we weather this storm.

Immie

 

[DiveCon]

the debt to loan ratio was changed during the 80's 90's 2000's....Reagan administration/Bush 1 administration/and clinton administration and Bush2 administration.....all eased these ratios....

Why say it was the dems only?

Wonder why default rates did not go up and cause a market crash and credit crisis during the 80's(oops, we did have a crash with the savings and loans during the late 80's) and 90's, when many of these changes were made?

hmmmmmmmmm, i wonder what else changed that allowed this debaucle?

This was a miriad of problems with Wall Street and lack of government oversight.....not one single thing allowed this crisis to happen and anyone that wants to claim such, has not seen the full picture of this crisis, it was a multitude of things that caused this mess and greed can't be left out as one of them... imo.

care

Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

because the dems and Obama have been crying that for the past 8 YEARS

 

[Annie]

Obama owns the economy, for better or worse, it's his.

 

[glockmail]

on what day do you wingnuts admit that your boys broke it?

Actually, you do realize that all spending bills originate in the House, which has been under Democrat control since 2006. That's when the economy started to fuck up.

 

[DiveCon]

on what day do you wingnuts admit that your boys broke it?

Actually, you do realize that all spending bills originate in the House, which has been under Democrat control since 2006. That's when the economy started to fuck up.

correction, since jan 2007
it took them only 11 months to do it too

 

[Annie]

Obama owns the economy, for better or worse, it's his.

bmp, necessary.

 

[DiveCon]

Obama owns the economy, for better or worse, it's his.

bmp, necessary.

yup, he was a part of the senate that brought this one

 

[Care4all]

Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

because the dems and Obama have been crying that for the past 8 YEARS

ahhhhhh TIT for TAT.....i thought so....

care

 

[DiveCon]

not only obama opening his mouth, but all of those on the right screaming like maniacs saying he is destroying the country, can't be helping much either K anne....but it is what would advantage those on the right the most, to put a sense of untrust or lack of confidence in the air....

I would not stop at obama and his administration....there certainly is an affect.... of the minions on the right putting obama and his team down every breath they take....as well, in my honest opinion.

not that this is some new political measure that has never been taken before, because the left after 2003 did it with president Bush....

But the situation we are in now is just so, so, so much bigger than Obama, than Congress. than Bush, than Republican, than Democrat, than America....it is frightening, all on its own, a once in an Empire's life, event.

Care

because the dems and Obama have been crying that for the past 8 YEARS

ahhhhhh TIT for TAT.....i thought so....

care

no, WRONG
the dems have been claiming "worst economy since the great depression"(it isnt) for so long

they even claimed that shit in 2004 when the economy was WAY better than it is now
and again for 2006

well, after a while, it will change the way people do things
they called for it, well, guess what, they GOT it

 

[Meister]

Obama is going to own this recession in due time. He still has his so called "honeymoon," But with all he has been spending in his first month in office, it will be a short honeymoon.
When the president of the greatest nation in the world talks down our economy as he's done, he kills any consumer confidence.
With the amount that is being spent on our next form of government, the market see's it as for what it is, and reacts to it in a negative way. We have never spent our way out of a recession. I don't know of any country that has. Since obama has taken the oath, the market has dropped 1200 points. The reason is the market's perception is that Obama is not for capitalization, but has a socialist agenda. This is why Obama owns this recession.

 

[Red Dawn]

Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?

Bloomberg.com: Worldwide

Let's use the republican standard for accountability.

the 9/11 attacks, 9 months into bush's term were clinton's fault.

the mortgage meltdown, according to wingnuts, was Carter's fault.


So, I would say you have to wait at a minimum of between 9 months and 30 years before you can hold obama accountable.

 

[WillowTree]

Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?

Bloomberg.com: Worldwide

Let's use the republican standard for accountability.

the 9/11 attacks, 9 months into bush's term were clinton's fault.

the mortgage meltdown, according to wingnuts, was Carter's fault.


So, I would say you have to wait at a minimum of between 9 months and 30 years before you can hold obama accountable.

don't hold yer breath, given his political activities with ACORN and the US Senate,, and what he's doing now,, I pin it on him right from the get go..

 

[DiamondDave]

Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?

Bloomberg.com: Worldwide

Let's use the republican standard for accountability.

the 9/11 attacks, 9 months into bush's term were clinton's fault.

the mortgage meltdown, according to wingnuts, was Carter's fault.


So, I would say you have to wait at a minimum of between 9 months and 30 years before you can hold obama accountable.

Your typical inane attempt

No... 9/11 was not Clinton's fault... it was not Bush's fault... the slips in securities were a LOT of people's and entities' fault... but the main 'fault' was in the ones who hijacked the planes and did the attack...

Clinton is responsible for the things he did on his watch, and things he did not do.. Bush is responsible for the things he did on his watch.. the congress is responsible for the things they have done on their watch for the past 13 months.. and Carter is responsible for the things he did on his watch...

Now.. Obama is inherently responsible for these huge spending and government growth decisions.. he is responsible for what is going on right now... is he responsible for the starting points of it? No... he is indeed responsible though, for making a bad situation even worse

 

[DiveCon]

Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?

Bloomberg.com: Worldwide

Let's use the republican standard for accountability.

the 9/11 attacks, 9 months into bush's term were clinton's fault.

the mortgage meltdown, according to wingnuts, was Carter's fault.


So, I would say you have to wait at a minimum of between 9 months and 30 years before you can hold obama accountable.

Your typical inane attempt

No... 9/11 was not Clinton's fault... it was not Bush's fault... the slips in securities were a LOT of people's and entities' fault... but the main 'fault' was in the ones who hijacked the planes and did the attack...

Clinton is responsible for the things he did on his watch, and things he did not do.. Bush is responsible for the things he did on his watch.. the congress is responsible for the things they have done on their watch for the past 13 months.. and Carter is responsible for the things he did on his watch...

Now.. Obama is inherently responsible for these huge spending and government growth decisions.. he is responsible for what is going on right now... is he responsible for the starting points of it? No... he is indeed responsible though, for making a bad situation even worse

red dawn is another of the morons on this forum
not quite to the order of bobo and kirky, but damn close

 

[Care4all]

Obama is going to own this recession in due time. He still has his so called "honeymoon," But with all he has been spending in his first month in office, it will be a short honeymoon.
When the president of the greatest nation in the world talks down our economy as he's done, he kills any consumer confidence.
With the amount that is being spent on our next form of government, the market see's it as for what it is, and reacts to it in a negative way. We have never spent our way out of a recession. I don't know of any country that has. Since obama has taken the oath, the market has dropped 1200 points. The reason is the market's perception is that Obama is not for capitalization, but has a socialist agenda. This is why Obama owns this recession.

the dow was at 14000 plus in june of 2007 wasn't it and 7600 the day obama was sworn in, or close....?

90% or more drop took place before obama...is what the numbers show...no?

care