At What Date Does Obama Accept Responsibility for the Economy?

[DiveCon]

Congress has "the power of the purse".

Always have.

No matter if it's Reagan pulling the Dem congress to the right, or Newt's Congress pulling Clinton to the right.

So long as we stay away from socialism, we can survive and thrive.

Capitalism... where the rich get richer and the poor get richer!

Shhhh
libs dont want to admit that

 

[DiveCon]

I would say by the next election for certain...that's usually when accountability comes in to play.

He should NEVER get the blame for "breaking" our economy, that happened the previous 8 years.

He will get blamed if he can't bring us out of this hole we are in, if he doesn't pull us out of it by his next election...imho.

the economy wasnt doing so bad till the dems took over congress

 

[LiveUninhibited]

Obama will be blamed if the economy doesn't recover under him, and praised if it does, regardless of what/who is responsible for it. Though when he's throwing trillions around like he is, it will be easier to make the case that what he does will affect the outcome. If the economy fails to recover under Obama you can expect a quick comeback for the Republicans. Otherwise their near future is less certain.

 

[Swoop187]

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

Bloomberg.com: Worldwide

Never, name one liberal that has ever took responsibility for his or her actions.

10 bucks says he finds a way to spend 3 trillion dollars and the US goes into a depression and Obama blames it all on Bush and Republicans and the media preaches it too.

 

[Swoop187]

Obama will be blamed if the economy doesn't recover under him, and praised if it does, regardless of what/who is responsible for it. Though when's he's throwing trillions around like he is, it will be easier to make the case that what he does will affect the outcome. If the economy fails to recover under Obama you can expect a quick comeback for the Republicans. Otherwise their near future is less certain.

Obama will be loved no matter how retarded he actually is.

We could go into an epic depression and our idiotic Amerian public would never think about blaming Obama, Obama would blame Bush and that would be accepted.

When asked about the 3 trillion dollars spent on social programs the majority of people will illogically try to justify it..

 

[Annie]

Looks like the financials are making it 'Obama's failure':

PoliPundit.com » The Obama Bear Market

Dow at 5000? Yes, we can!

 

[rayboyusmc]

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

 

[Care4all]

no matter what is spent to pull us out of the COLOSSAL CREDIT CRISIS/Ponzi Scheme/Recession/Depression that we are in, this crisis OCCURED because of the actions that took place the past 8 years, under the Bush Administration....Humpty Dumpty began it's fall in June of 2007 when looking back on the numbers...

There is no amount of spinning, that could change that FACT....no matter how hard one tries, imo.

When History is gathered and put in pen, this will be the facts writen.

Obama will have his day, with the History of what happens under his rule, and if he fails to pull us out of this mess or give us some positive signs or results by 2012, he will lose his reelection bid and be held accountable.

 

[pete]

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

Bloomberg.com: Worldwide

He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009

 

[Care4all]

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

Bloomberg.com: Worldwide

He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009

huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?

He knew when he beat Hillary that the Stock market and banks were going to take a freefall?

I don't think so Pete....

He was already deep in to this Presidency run before this crisis surfaced.


MAY I REMIND ALL OF YOU:

It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?

Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?


COME ONNNNNNN!
tsk tsk tsk

This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...

It can't be read, any other way imo.

And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....

But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.

I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....

But even with that being said, he has been in office a month and a half....?

Care

 

[pete]

We are fed bits and pieces as the government sees fit. They know more than we do and before we know it. I didnt say he knew it all and/or he could predict what was going to happen, but if you are running for the most powerful job in the world ... BE ready.
He didnt just start as a president ( well almost) so he was involved with fannie and freddie as well as other things including stopping on the campaign trail to go back to Washington for the first recovery.
He was well aware.
Its now his.

 

[DiveCon]

no matter what is spent to pull us out of the COLOSSAL CREDIT CRISIS/Ponzi Scheme/Recession/Depression that we are in, this crisis OCCURED because of the actions that took place the past 8 years, under the Bush Administration....Humpty Dumpty began it's fall in June of 2007 when looking back on the numbers...

There is no amount of spinning, that could change that FACT....no matter how hard one tries, imo.

When History is gathered and put in pen, this will be the facts writen.

Obama will have his day, with the History of what happens under his rule, and if he fails to pull us out of this mess or give us some positive signs or results by 2012, he will lose his reelection bid and be held accountable.

ah, BULLSHIT
the stuff fell apart AFTER the dems took control of congress
11 months after

 

[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

He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009

huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?

He knew when he beat Hillary that the Stock market and banks were going to take a freefall?

I don't think so Pete....

He was already deep in to this Presidency run before this crisis surfaced.


MAY I REMIND ALL OF YOU:

It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?

Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?


COME ONNNNNNN!
tsk tsk tsk

This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...

It can't be read, any other way imo.

And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....

But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.

I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....

But even with that being said, he has been in office a month and a half....?

Care

how many of Obama's cabinet do you think will still be waiting for confirmation in August?
hmmm?


you seem to have a really poor short memory

 

[Care4all]

He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009

huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?

He knew when he beat Hillary that the Stock market and banks were going to take a freefall?

I don't think so Pete....

He was already deep in to this Presidency run before this crisis surfaced.


MAY I REMIND ALL OF YOU:

It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?

Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?


COME ONNNNNNN!
tsk tsk tsk

This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...

It can't be read, any other way imo.

And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....

But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.

I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....

But even with that being said, he has been in office a month and a half....?

Care

how many of Obama's cabinet do you think will still be waiting for confirmation in August?
hmmm?


you seem to have a really poor short memory

by all means Dive, please name me a key player in the Bush administration whose appointment was not confirmed by the Senate until August, and who was needed in his or her position prior to such that could have prevented 911?

Care

 

[manu1959]

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

shortly after the left stands up and claims credit for changing the loan to debt ratio that caused this mess.....

 

[DiveCon]

huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?

He knew when he beat Hillary that the Stock market and banks were going to take a freefall?

I don't think so Pete....

He was already deep in to this Presidency run before this crisis surfaced.


MAY I REMIND ALL OF YOU:

It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?

Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?


COME ONNNNNNN!
tsk tsk tsk

This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...

It can't be read, any other way imo.

And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....

But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.

I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....

But even with that being said, he has been in office a month and a half....?

Care

how many of Obama's cabinet do you think will still be waiting for confirmation in August?
hmmm?


you seem to have a really poor short memory

by all means Dive, please name me a key player in the Bush administration whose appointment was not confirmed by the Senate until August, and who was needed in his or her position prior to such that could have prevented 911?

Care

it doesnt matter what position it was
they were ALL dragged out
and you KNOW Obama wont face that bullshit

 

[DiveCon]

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

shortly after the left stands up and claims credit for changing the loan to debt ratio that caused this mess.....

that will never happen

 

[Care4all]

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

 

[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.

 

[Care4all]

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