Hey Barack, why so socialist?

President Barack Obama announced his support for a new jobs program funded by money left over from the Wall Street bailout.

Obama on Monday said he would press Congress to pass legislation to pay for additional infrastructure works, tax breaks for small businesses and incentives for consumers who weatherize their homes.

Obama wants TARP funds for jobs bill

Typical left mindset, taking credit for everything, including things they haven't done. Not so long ago, Obama sharply criticized Bush's TARP, now trying to take credit for its partial success. I guess it's only natural he'd try to take credit for it, seeing as how his stimulus plan in the first three quarters of this year has been a dismal failure and created few, if any, real jobs. He claim he saved many, yeah right.

Launched hastily under the last administration, the TARP program was flawed, and we have worked hard to correct those flaws and manage it properly...because of our stewardship of this program, and the transparency and accountability we put in place, TARP is expected to cost the taxpayer at least $200 billion less than what was anticipated just this summer.

Wow. Looks like he doesnt remember that TARP took place before he gets into WH. Claiming that he has anything to do with its success is just idiotic.

My question is, can returned TARP money and money that is not spent be used for anything else then stated in the bill? Anyways, why to spend any of TARP money if 3/4 of the stimulus is not spent?
 
Time to bump it up...

Looks like Obama "decided" not to learn from history.

Then...
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
Fannie Mae Eases Credit To Aid Mortgage Lending

... and now.
President Obama, who lashed out Sunday at "fat cat bankers" who "still don't get it," plans to gather the heads of major banks at the White House on Monday to urge them to make more loans and to accept the necessity of greater regulation.
Obama presses bank chiefs to lend more

Of course, bankers are just another excuse for his own incompetence to run the country. The same type of politics that got us into this mess won't get us out of the same mess. It looks to me that bankers did learn the lesson and thats why they're not landing to people that can't repay the debt. That's not good enough for our president, because if banks are not landing, economy won't recover. Wan't stimulus intended to do that part? Well, since stimulus is working, why does he need bankers to land more? Maybe because, if they refuse he has someone to blame for his failure...
 
obama046.jpg

Clueless...
 
Socialism does not work, because, instead of allowing the price system to be a vehicle of rational economic planning, it sabotages the price system
 
More socialist decisions from Central Committee:

The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s Home Affordable Modification Program.

Obama May Prohibit Home-Loan Foreclosures Without HAMP Review - Bloomberg.com

Boy, its hard to underestimate how idiotic this policy would be. If the goal of the administration is to cause banks to lend even less, this is a great way to do it.

They've got to get some people with real business experience in there.
 
Another act of socialism:

Class Warfare's Next Target: 401(k) Savings

By Newt Gingrich, Peter Ferrara
Investor's Business Daily
Thursday, February 18, 2010

You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings.

Business Week reports that the Treasury and Labor departments are asking for public comment on "the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams."

In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years."
 
[ame=http://www.youtube.com/watch?v=0U3nZK1VQRk]YouTube - Obama Government is the answer... no wait Business is the answer...[/ame]
 
[ame=http://www.youtube.com/watch?v=myVh-zJA6h4]YouTube - Obama on his Friends at Occidental College[/ame]
 
Remember this?

American taxpayers are now positioned to recover more than my administration invested in GM, and that’s a good thing.

[ame=http://www.youtube.com/watch?v=8jllQQ1OIrE]YouTube - ‪Obama On GM‬‏[/ame]

Newsflash:

The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry.

Govt to lose $14B of auto bailout funds

Socialist.
Communist.
Flat out liar.
 
Bump!

If you doubted if Pres Zero is socialist two years ago when I opened this thread, what to you think now?
 
It's been over 3 years since I started this thread.

Spot on...
 
Yeah right, he's no more a socialist today than he was when you first made the post. He is, like Bush, Clinton, Bush, Raygun, Carter, Ford, Nixon, LBJ, Kennedy.......a statist.

I mean after a full term in office he should at least have one or two major industries under complete government control.........
 
Ame®icano;6904123 said:
It's been over 3 years since I started this thread.

Spot on...


Dayum, glad I didn't go back to page one. Hey, I bet you didn't even vote for the socialist.
Either time. God damn I am glad more Americans like Obama's version of socialism more than Mittens version of capitalism. Or even McCains version of senility.

Bet that Obama winning pisses you the fuk off. LMAO.
 
15th post
It did first time. This time I was ready.
I kinda expected that people will vote for more welfare, food stamps, free cell phones and other freebies... no surprise there.
 
Ame®icano;6906425 said:
It did first time. This time I was ready.
I kinda expected that people will vote for more welfare, food stamps, free cell phones and other freebies... no surprise there.

You ain't seen nothing yet. Wait till they come and burn your house and take your kids for food. Damn hungry socialists.

Our Republic and Capitalism are in a fight. And Capialism is kicking the shit out of our Republic.

Are you aware that the ultra wealthy in this country have never had it so good?

I don't hear Warren Buffett claiming that the hated governmnet is taking away his busines.
Don't you wonder why that is? Can you say "plutocracy? That is the form of guvmint we live under. A plutocracy. Of the rich, by the rich, for the rich. Not socialism.
 
a socialist so its not his fault.. but seems all the education was wasted on obama because he is not and never will be smart enough to understand how america works best.





Those quotes sure do sound like a socialist ideologue. How can anyone say otherwise?
 
a socialist so its not his fault.. but seems all the education was wasted on obama because he is not and never will be smart enough to understand how america works best.





Those quotes sure do sound like a socialist ideologue. How can anyone say otherwise?


Yea, that damn Obama, damn him to hell for thinking that he would get the help and co operation from both parties to try and solve the major problems that we face. WTF didn't Obama KNOW that the rethugs hated him with an uncontrollable passion that would completely undermine any efforts to resolve issues. The damn idiot. If only he had been a white man he could be impeached for not knowing how hated he is.

Hey maybe he could be impeached for being a partial black man. Some truth in advertising transgression. Only time will tell.
 
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