OK libs, when do you start admitting this was a mistake?

[OohPooPahDoo]

You vote for people who approve socialist policies like TARP....

Its hardly "socialist" to prevent the collapse of our entire economy. Without TARP many of the the banks would not be solvent - which means their deposits then are only guaranteed by FDIC - but when FDIC runs out of money in its fund, its out, and deposits are no longer guaranteed, leading to bank runs and mass hysteria. There's a reason TARP had bi-partisan support - it would have been stupid to not do it.

Correct, fascist is a better word than socialist.

It wasn't spreading money around to everyone, it was spreading US taxpayer dollars around to bank execs to spend how they saw fit, so a fascist policy.

The fearmongering worked on you, not me. I work at a bank that got TARP funds, guess what? We have a hiring freeze, layoffs are probably coming, we're still foreclosing on homes at a sky high rate, our stock price is plummeting. Hooray TARP!

There's a reason most crazy U.S. policies have bipartisan support, because the parties are 2 cheeks on the same backside.

Do you seriously not get it? You work at a bank and you don't get this? What are you, the janitor?

TARP wasn't handouts to bank executives, TARP was a program to purchase toxic assets from banks, to prevent them from failing. And so far the net cost has only been around 25 billion. Congressional Budget Office - Report on the Troubled Asset Relief Program -- November 2010 A pittance to pay to keep the banking system from falling on its face.



Do you have any idea what happens if too many banks fail? Did you study history in custodial school?

 

[OohPooPahDoo]

1.) Obama is doing his own miniature version of this in Libya.
2.) His policies also leave us with no money.
3.) Obama expanded the Patriot Act.

These aren't solely republican issues by any stretch of the imagination.

Sounds just like a Republican, go vote for him then.

When did U.S. ground forces invade libya?

 

[Jarhead]

Its hardly "socialist" to prevent the collapse of our entire economy. Without TARP many of the the banks would not be solvent - which means their deposits then are only guaranteed by FDIC - but when FDIC runs out of money in its fund, its out, and deposits are no longer guaranteed, leading to bank runs and mass hysteria. There's a reason TARP had bi-partisan support - it would have been stupid to not do it.

Correct, fascist is a better word than socialist.

It wasn't spreading money around to everyone, it was spreading US taxpayer dollars around to bank execs to spend how they saw fit, so a fascist policy.

The fearmongering worked on you, not me. I work at a bank that got TARP funds, guess what? We have a hiring freeze, layoffs are probably coming, we're still foreclosing on homes at a sky high rate, our stock price is plummeting. Hooray TARP!

There's a reason most crazy U.S. policies have bipartisan support, because the parties are 2 cheeks on the same backside.

Do you seriously not get it? You work at a bank and you don't get this? What are you, the janitor?

TARP wasn't handouts to bank executives, TARP was a program to purchase toxic assets from banks, to prevent them from failing. And so far the net cost has only been around 25 billion. Congressional Budget Office - Report on the Troubled Asset Relief Program -- November 2010 A pittance to pay to keep the banking system from falling on its face.



Do you have any idea what happens if too many banks fail? Did you study history in custodial school?

yes...if too many banks fail, there are hundreds of other smaller banks that would gladly pick up the slack.

You do realize that there are hundreds of more lending insititutions today than there were 80 years ago?

 

[JRK]

You vote for people who approve socialist policies like TARP....

Its hardly "socialist" to prevent the collapse of our entire economy. Without TARP many of the the banks would not be solvent - which means their deposits then are only guaranteed by FDIC - but when FDIC runs out of money in its fund, its out, and deposits are no longer guaranteed, leading to bank runs and mass hysteria. There's a reason TARP had bi-partisan support - it would have been stupid to not do it.

As I recall the GWB tarp was a loan
great idea from a very good president
We got that money back and it prevented the end of the world as we had known it

 

[Jarhead]

You vote for people who approve socialist policies like TARP....

Its hardly "socialist" to prevent the collapse of our entire economy. Without TARP many of the the banks would not be solvent - which means their deposits then are only guaranteed by FDIC - but when FDIC runs out of money in its fund, its out, and deposits are no longer guaranteed, leading to bank runs and mass hysteria. There's a reason TARP had bi-partisan support - it would have been stupid to not do it.

As I recall the GWB tarp was a loan
great idea from a very good president
We got that money back and it prevented the end of the world as we had known it

and it started a new ideology of bailing out the irresponsible.

 

[JRK]

DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

"A MISTAKE" in comparison to what?

A war in Iraq that totally unnecessary - oh, I forgot JRK thinks that the Iraq War IS a Republican success story!

Why would anyone continue to claim the iraqi war was a failure? ( 1 2 3 4 5 ... Last Page)
JRK

*it greatly enriched the military contractors and war profiteers.
*it left us with very little money to provide for our own population.
*it gave the executive branch an excuse to spy on civilians.

A regular Republican triumvirate of winning!

I love it when people lie about other people in a public forum. 8537 claims I think the Iraqi war was a GOP success story. As I recall it was bi partisan
I have no understanding of what the rest of the babble is about
the thread is about the failed presidency of Barack Obama and if you cannot handle that 8537 I feel sorry for you
and stop lying about me on this message board. It is very un ethical

 

[JRK]

Its hardly "socialist" to prevent the collapse of our entire economy. Without TARP many of the the banks would not be solvent - which means their deposits then are only guaranteed by FDIC - but when FDIC runs out of money in its fund, its out, and deposits are no longer guaranteed, leading to bank runs and mass hysteria. There's a reason TARP had bi-partisan support - it would have been stupid to not do it.

As I recall the GWB tarp was a loan
great idea from a very good president
We got that money back and it prevented the end of the world as we had known it

and it started a new ideology of bailing out the irresponsible.

Jar head Your opinion is okay with me.
DO you have a 401-K?

 

[jgarden]

"A MISTAKE" in comparison to what?

A war in Iraq that totally unnecessary - oh, I forgot JRK thinks that the Iraq War IS a Republican success story!

*it greatly enriched the military contractors and war profiteers.
*it left us with very little money to provide for our own population.
*it gave the executive branch an excuse to spy on civilians.

A regular Republican triumvirate of winning!

1.) Obama is doing his own miniature version of this in Libya.
2.) His policies also leave us with no money.
3.) Obama expanded the Patriot Act.

These aren't solely republican issues by any stretch of the imagination.

The intervention in Libya has been supported by the international community and the vast majority of the Lybian people.

To my knowledge, there have been no members of the American military killed or wounded in Lybia.

There is no comparison between Libya and Iran except a conscious attempt by conservatives to put a negative spin on anything and everything Obama does! We also have threads of conservatives spilling "crocodile tears" over Anwar al-Awlaki and denouncing Obama over the death of this American-born al-Qaeda recruiter because the government may have been deprived him of his Constitutional rights.

 

[DontBeStupid]

OK libs, when do you start admitting this was a mistake?
DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

Voting for and electing Obama was not a mistake. No way. If McCain and the Princess had gotten elected we would be in a much, much worse situation now. They never would have passed the Stimulus, and that is credited with getting us out of the Recession and growing again. Complain all you want, it worked and McCain never would have pushed for one.

While there are many legitimate reasons to criticize Obama, the alternative would have been much, much worse. I have zero regrets.

 

[JRK]

*it greatly enriched the military contractors and war profiteers.
*it left us with very little money to provide for our own population.
*it gave the executive branch an excuse to spy on civilians.

A regular Republican triumvirate of winning!

1.) Obama is doing his own miniature version of this in Libya.
2.) His policies also leave us with no money.
3.) Obama expanded the Patriot Act.

These aren't solely republican issues by any stretch of the imagination.

The intervention in Libya has been supported by the international community and the vast majority of the Lybian people.

To my knowledge, there have been no members of the American military killed or wounded in Lybia.

There is no comparison between Libya and Iran except a conscious attempt by conservatives to put a negative spin on anything and everything Obama does! We also have threads of conservatives spilling "crocodile tears" over Anwar al-Awlaki and denouncing Obama over the death of this American-born al-Qaeda recruiter because the government may have been deprived him of his Constitutional rights.

Exactly where are the boundary lines for the international community? is that near West Texas?
My friend there is no need to spin what Obama has done, the truth is hard enough to believe
My 2 concerns with Libya is who is it that is in charge and that the international community supported it
It is without a doubt as a meaningless event that we have been involved in in years, unless of course Al Qaeda sets a base up there now and in 10 years we have to in there and clean up that mess

 

[OODA_Loop]

While there are many legitimate reasons to criticize Obama, the alternative would have been much, much worse. I have zero regrets.

Yes your perception of alternative reality is the only possible alternative.

Wisdom personified.

 

[Disenchanted61]

DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

Drudge!!?? Surely you jest. I would receive a more honest assessment from a fifth grader.

 

[jgarden]

1.) Obama is doing his own miniature version of this in Libya.
2.) His policies also leave us with no money.
3.) Obama expanded the Patriot Act.

These aren't solely republican issues by any stretch of the imagination.

The intervention in Libya has been supported by the international community and the vast majority of the Lybian people.

To my knowledge, there have been no members of the American military killed or wounded in Lybia.

There is no comparison between Libya and Iran except a conscious attempt by conservatives to put a negative spin on anything and everything Obama does! We also have threads of conservatives spilling "crocodile tears" over Anwar al-Awlaki and denouncing Obama over the death of this American-born al-Qaeda recruiter because the government may have been deprived him of his Constitutional rights.

Exactly where are the boundary lines for the international community? is that near West Texas?
My friend there is no need to spin what Obama has done, the truth is hard enough to believe
My 2 concerns with Libya is who is it that is in charge and that the international community supported it
It is without a doubt as a meaningless event that we have been involved in in years, unless of course Al Qaeda sets a base up there now and in 10 years we have to in there and clean up that mess

Why would anyone continue to claim the iraqi war was a failure? ( 1 2 3 4 5 ... Last Page)
JRK

"Why would anyone continue to claim the Iraqi War was a failure?"

should read

"Why would anyone continue to claim the Libya Intervention was a failure?

"JRK'S" primary concern with Libya is that America finally has an example of a successful intervention - and the Republicans/Tea Party can't take credit for it!

 

[Disenchanted61]

"A MISTAKE" in comparison to what?

A war in Iraq that totally unnecessary - oh, I forgot JRK thinks that the Iraq War IS a Republican success story!

*it greatly enriched the military contractors and war profiteers.
*it left us with very little money to provide for our own population.
*it gave the executive branch an excuse to spy on civilians.

A regular Republican triumvirate of winning!

I love it when people lie about other people in a public forum. 8537 claims I think the Iraqi war was a GOP success story. As I recall it was bi partisan
I have no understanding of what the rest of the babble is about
the thread is about the failed presidency of Barack Obama and if you cannot handle that 8537 I feel sorry for you
and stop lying about me on this message board. It is very un ethical

"The failed
Presidency" is the result of the partisan Congress pushing the country off a cliff.
You really have no business commenting on important issues due to your lack of knowledge, or interest in what is best for this Country, the U.S.

 

[DontBeStupid]

While there are many legitimate reasons to criticize Obama, the alternative would have been much, much worse. I have zero regrets.

Yes your perception of alternative reality is the only possible alternative.

Wisdom personified.

Would McCain and the Princess have pushed for an economic stimulus? No.

'nuff said

 

[JRK]

OK libs, when do you start admitting this was a mistake?
DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

Voting for and electing Obama was not a mistake. No way. If McCain and the Princess had gotten elected we would be in a much, much worse situation now. They never would have passed the Stimulus, and that is credited with getting us out of the Recession and growing again. Complain all you want, it worked and McCain never would have pushed for one.

While there are many legitimate reasons to criticize Obama, the alternative would have been much, much worse. I have zero regrets.

Your opinion is duly noted. Princess?
That is much better than what she is typically called. Thanks
The stimulus you believe removed us from the recession we were in? And your thinking we are growing again?
Wow
Why the Stimulus Failed by Brian Riedl - National Review Online
http://www.humanevents.com/article.php?id=38890
Since the enactment of "porkulus," the number of Americans receiving unemployment checks jumped by nearly 2 million, while the number of Americans cashing paychecks plunged by almost 3 million. If that weren't bad enough, the U.S. economy has been handcuffed with 16 straight months of unemployment lingering above 9%.


The stimulus did nothing but create a cash machine for the democratic party. you add the 80 billion the auto (UAW) bailout got, most of the 500 billion out of the stimulus along with the 200+ billion out of Tarp that Obama spent went to unions (cash)
Unions that pay dues to the international who then sends part of that cash to the democratic party and those within it running for office

That is about all that the stimulus did
GM and Chrysler should have went chapter7 as Booooooooooooooosh had thought would happen if they defaulted on there govt loan. Ford, yota, etc... would have picked up those jobs right here in the US

The teacher issues are local and state, simple

Yep, McCain would have not provided all of that cash to those very unions whu in turn gave some of that tax payers wealth right back to Obama and his bunch, your right
We would be in no worse place and we would have about 1 trillion dollars less that what we owe now

 

[DontBeStupid]

OK libs, when do you start admitting this was a mistake?
DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

Voting for and electing Obama was not a mistake. No way. If McCain and the Princess had gotten elected we would be in a much, much worse situation now. They never would have passed the Stimulus, and that is credited with getting us out of the Recession and growing again. Complain all you want, it worked and McCain never would have pushed for one.

While there are many legitimate reasons to criticize Obama, the alternative would have been much, much worse. I have zero regrets.

Your opinion is duly noted. Princess?
That is much better than what she is typically called. Thanks
The stimulus you believe removed us from the recession we were in? And your thinking we are growing again?
Wow
Why the Stimulus Failed by Brian Riedl - National Review Online
http://www.humanevents.com/article.php?id=38890
Since the enactment of "porkulus," the number of Americans receiving unemployment checks jumped by nearly 2 million, while the number of Americans cashing paychecks plunged by almost 3 million. If that weren't bad enough, the U.S. economy has been handcuffed with 16 straight months of unemployment lingering above 9%.

If half of the industries in the U.S. created 2 million jobs due to the stimulus, and the other half lost 5 million, we would have a net result of losing 3 million. Would that also mean the stimulus failed to create 2 million jobs?

Besides that, a Recession is not measured by job growth. After Bush's first recession, which was mild compared to his last one, we had anemic job growth for about 2 years. That doesn't mean we weren't out of the recession. Just like now, jobs aren't being created but we, as an economy, are out of the recession, and credit is due to the Recovery Act, something McCain never would have pushed for.

As for the articles, they make the same false criticisms that many "supply-side", faith-based economists do. They point to the deficit total, as if that entire amount is over and above what we normally spend, and then point to the Recovery Act, which was 1/3 tax cuts and 1/3 aid to states, but then claim the ENTIRE package was spending projects, and lastly, ask an open ended question, "How much is enough?" and never answer it, but throw out numbers and then proclaim the whole plan a failure. It's totally, 100% dishonest.

 

[Ernie S.]

DRUDGE REPORT 2012®

there is to much there to copy
now BHO is blaming wall street and Biden told a bunch of 5th graders its Boooooooshies fault
take a minute and go onto drudges web site and look at the news today

Drudge!!?? Surely you jest. I would receive a more honest assessment from a fifth grader.

You do realize that Drudge is an aggregater and writes next to nothing that appears on his site, don't you?, You would if you bothered to check the site out for yourself in stead of taking your marching orders from Arianna like a good little progressive..

 

[oreo]

It was a mistake to give the majority of the House to the Republican obstructionist.

It was a mistake for the Democrats to not keep their guns blazing in 2009 and 2010 and allow them to make a comeback.

Those mistakes?

This is what happened in 2010---



and they did it too--and are going to do it again in 2012.

 

[DontBeStupid]

and are going to do it again in 2012.[/I]

Believe it or not, I agree with this. I think if nothing has improved by 2012 then the voters will be heard. The difference though, is I predict they vote EVERYONE out, not just the Dems. Voters will completely overhaul the entire government.

Because, that's what we can do.