Obama: More Clean Than Articulate

[HoleInTheVoid]

Is the bailout good or bad?

I know! Let's ask somebody who is super-duper smarterish than we are.

Whoops! All we have is Obama.

Obama, on the trail in New Mexico, had this to say of McCain:

"And today he accused me of not supporting what the Treasury and the Federal Reserve Bank did with AIG despite no evidence whatsoever that that’s what I had said."

To recap, when I wrote earlier today that Obama supported the bailout, I quickly was instructed by his staff that this was not the case. He just didn't oppose it, I was told.

Now he's so adamant about not opposing the Fed's move that he's complaining about McCain's portrayal.

Where, I wonder, is the line between not opposing and, ya know, supporting.

Jonathan Martin's Blog: Obama outraged at being accused of not supporting something he doesn't support - Politico.com


Actually L'il 'O has decided to not interfere with Businomics:

WASHINGTON (Reuters) - Democratic presidential nominee Barack Obama said on Friday he supported efforts by the U.S. Treasury and Federal Reserve to shore up confidence in the financial markets and said he would hold off from presenting his own economic recovery plan.

"The events of the last few days have made it clear that we must take further bold and decisive action to shore up confidence in our financial markets and avoid a deepening economic crisis that could jeopardize the life savings and well-being of millions of Americans," Obama said in a statement.

Obama said he supported efforts by Treasury Secretary Henry Paulson and federal Reserve Chairman Ben Bernanke to work with the Congressional leadership to find a solution to the deepening crisis.

...

"Given the gravity of this situation, and based on conversations I have had with both Secretary Paulson and Chairman Bernanke, I have asked my economic team to refrain from presenting a more detailed blue-print of how an immediate plan might be structured until the Treasury and the Federal Reserve have had an opportunity to present their proposal."

Obama said it was critical that the markets and public have confidence in the Fed and Treasury's efforts and that their work be "unimpeded by partisan wrangling."

Obama supports U.S. economic recovery efforts - Yahoo! News

Far be it for me to play the cynic...

...BUT...

...methink L'il 'O is voting presently present so he can game the outcome of the bailout. If it works he can claim credit for it like the Stimulus Package he claimed was his and the expense of losing the "worst economic policy since the Depression" meme.

If the bailout falters he can deny ever having supported it.

All in all he's playing with people's livelihoods for personal gain and he is wholly without principle or scruples. Not to mention he's not nearly as smart as people want to believe he is.

 

[doeton]

either way

it beat the hell of blowing in the wind express.

sure mccain was against regulations


but now he's for them.

bailout or no bailout

it was the failure of regulators that got us to this brink of financial ruin.

 

[HoleInTheVoid]

either way

it beat the hell of blowing in the wind express.

sure mccain was against regulations


but now he's for them.

bailout or no bailout

it was the failure of regulators that got us to this brink of financial ruin.

Actually McCain--who I am no big fan of--sounded the alarm in 2005.

But how can L'il 'O pretend to be ready for a big people's job when he can't even make a decision as it happens? It's the same pattern as his stammering response on Russia.

 

[Shadow]

Is the bailout good or bad?

I know! Let's ask somebody who is super-duper smarterish than we are.

Whoops! All we have is Obama.


Jonathan Martin's Blog: Obama outraged at being accused of not supporting something he doesn't support - Politico.com


Actually L'il 'O has decided to not interfere with Businomics:


Obama supports U.S. economic recovery efforts - Yahoo! News

Far be it for me to play the cynic...

...BUT...

...methink L'il 'O is voting presently present so he can game the outcome of the bailout. If it works he can claim credit for it like the Stimulus Package he claimed was his and the expense of losing the "worst economic policy since the Depression" meme.

If the bailout falters he can deny ever having supported it.

All in all he's playing with people's livelihoods for personal gain and he is wholly without principle or scruples. Not to mention he's not nearly as smart as people want to believe he is.

His supporters know he is an idiot,but they are stuck with him now. Why do ya think they are soooo pissed off

 

[HoleInTheVoid]

His supporters know he is an idiot,but they are stuck with him now. Why do ya think they are soooo pissed off

It's amazing the conservatives carp about Bush and McCain using tax moeny to buttress businesses that should be allowed to die a natural death.

But liberals can't conjure the intellectual honesty to:

A) damn L'il 'O for agreeing with Bush after spending so much energy attacking "Bush's economy"

B) applaud Bush for caving to the socialized business bailouts that should make any leftist proud

 

[Diuretic]

Those businesses can't be allowed to fail. That's the point and it's been made by posters of various political persuasions in various threads. To suggest they should be allowed to fail is to fall victim to blind ideology.

The pragmatic, as opposed to ideological, response is to bail them out. They've been nationalised for a while. They will be broken up and sold off to recover moneys spent.

Obama can do nothing about what's happening right now. He can push Congress (if he wins the presidency) to re-regulate so this madness doesn't occur again.

I mean he's not a socialist so he will seek to correct and protect Wall Street.

 

[Ravi]

I think Obama is making sense. We don't even know what the bailout plan is yet. Will there be enough transparency so that we are assured we are not just channeling taxpayer's money into CEO golden parachutes?

I don't know about you guys on the right, but that's something that I'd like to know.

No sense in saying yes to a plan that you haven't yet been presented with.

 

[HoleInTheVoid]

I think Obama is making sense. We don't even know what the bailout plan is yet. Will there be enough transparency so that we are assured we are not just channeling taxpayer's money into CEO golden parachutes?

I don't know about you guys on the right, but that's something that I'd like to know.

No sense in saying yes to a plan that you haven't yet been presented with.

So much for the "leadership" and "ready on Day 1" meme.

 

[Ravi]

So much for the "leadership" and "ready on Day 1" meme.

So you like McCain's solution, just hand over 700 billion to corporate America with no strings attached? With a nice hefty tax cut for the rich thrown in?

I'd prefer to see what the Treasury and the Fed presents before agreeing to it.

Leadership means listening to your experts before making a decision, something Republicans have always had trouble with.

 

[HoleInTheVoid]

Do I like it? No.

No strings attached? I seriously doubt that argument can be supported.

Leadership means listening to your experts before making a decision, something Republicans have always had trouble with.

Yeah. We know. It's above his paygrade.

You people have sputtering orgasms declaring a VP (as opposed to P) candidate unfit for office because some interviewer doesn't even know WTF it is he's asking questions about but when Obama and his fistful of Fannie Mae millionaires whistle past the graveyard you call it LEE-DUR-SHIP.

 

[Shadow]

Shhhh they were hoping no one would notice.

That's what all the..wait...look over there...has been about

 

[Gunny]

I think Obama is making sense. We don't even know what the bailout plan is yet. Will there be enough transparency so that we are assured we are not just channeling taxpayer's money into CEO golden parachutes?

I don't know about you guys on the right, but that's something that I'd like to know.

No sense in saying yes to a plan that you haven't yet been presented with.

Isn't Obama a SITTING US Senator? HE should know what the bailout plan is and either support it or not.

 

[Ravi]

Isn't Obama a SITTING US Senator? HE should know what the bailout plan is and either support it or not.

When he made the remarks in the OP, no one had seen the plan, not even Bush, because it didn't yet exist.

Seems that today it does exist and has no provisions for oversight. And the GOP is telling us that we must act quickly to approve it or we are all going to die, basically. Smoking gun, mushroom cloud, yada, yada, yada...business as usual by our Republican amigos.

 

[AllieBaba]

either way

it beat the hell of blowing in the wind express.

sure mccain was against regulations


but now he's for them.

bailout or no bailout

it was the failure of regulators that got us to this brink of financial ruin.

Idiot. Both McCain and Bush were on this years ago.

Talk to your crooked Dems who made millions out of this mess...including Obama.

 

[greenpartyaz]

I think Obama is making sense. We don't even know what the bailout plan is yet. Will there be enough transparency so that we are assured we are not just channeling taxpayer's money into CEO golden parachutes?

I don't know about you guys on the right, but that's something that I'd like to know.

No sense in saying yes to a plan that you haven't yet been presented with.

Transparency is something Bush/Cheney lack. Why should we trust these two idiots with anything else?

 

[del]

So you like McCain's solution, just hand over 700 billion to corporate America with no strings attached? With a nice hefty tax cut for the rich thrown in?

I'd prefer to see what the Treasury and the Fed presents before agreeing to it.

Leadership means listening to your experts before making a decision, something Republicans have always had trouble with.

i find myself agreeing with you.

i hate when that happens.

 

[Ravi]

i find myself agreeing with you.

i hate when that happens.

It troubles me, too.

 

[Article 15]

lol ... McCain epically failed last week so I'm finding this thread pretty hilarious ...