Obama warns of GOP policy redux

PHILADELPHIA -- Standing before a hulking statue of Benjamin Franklin, President Barack Obama accused his Republican presidential challenger Mitt Romney of offering the same economic proposals as his Congressional counterparts did during the George W. Bush administration.

Speaking at his fifth of six fundraisers Tuesday, the president said it was “good to be among friends” including the founding father, before launching into an attack on what he said were the failed economic policies that Congressional Republicans tried once and that Romney wants to try again.

“It will be the same stuff, the same okey-doke, but you know what they do have, is they’ll have 500 billion dollars-worth of negative ads,” Obama warned the crowd of 500 in a cavernous foyer at the Franklin Institute here.


He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

“We had baked into the cake structural deficits that were made even worse by a financial crisis,” he said. “And so for these folks to suddenly get religion?” he continued, accusing Republicans of, as he had at earlier campaign events in Baltimore, “running up the tab and trying to pass off the bill to me.”

Touting what he said was his own strength on fiscal issues (while also linking himself to the leader who had that surplus), Obama noted, “the two presidents with the least growth in government spending in the modern era happened to be two Democrats named Barack Obama and Bill Clinton.”

Obama notably mentioned Clinton, who has recently made statements that veered off message, several times by name during his speech.

Before his three events with Philadelphia supporters, who paid between $250 and $40,000 to hear him speak, the president dropped by another section of the Franklin Institute where a group of 130 high school seniors were celebrating their graduation.

His brief statement to them may not have been out of place in a campaign appearance, as he reached out specifically to demographic groups he needs to do well with, including women.

“For the women who are here, a lot of you know that historically we haven’t had as many women in math and science and engineering fields.

So as you succeed, hopefully you’re going to go back and mentor some people, and encourage them to get involved in these fields as well. If you do that then I have extraordinary optimism for the future."

While a cash hub for the president, Philadelphia is not part of the state that his campaign is worried about losing, as Obama won Philadelphia County by 83 percent in 2008.

But the state of Pennsylvania, which hasn’t voted for a Republican presidential candidate for the last five elections, is being treated as a battleground by both campaigns.

“The fact they’ve spent over $4 million in television by the end of May is pretty significant,” said Pennsylvania Republican party chairman Rob Gleason on a conference call with reporters.

A Quinnipiac poll of Pennsylvania voters released Tuesday had numbers both camps could tout, as it showed Obama with a 46-40 lead among Pennsylvania voters (down two points from last month) but Romney with higher ratings on the economy, 49-41 percent.

But Republicans on Tuesday tried to emphasize Pennsylvania’s make-or-break status for Obama.

“President Obama cannot be re-elected without carrying Pennsylvania so he has an awful lot at stake,” Gleason said.

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If first YOU do not succeed... try..try again...

By all means... let us go back to the very same policies that drove this country to the brink of a depression...

What is the definition of insanity again?

Doing the same thing over & over again and expecting a different result!

  • 65 votes
#1 - Tue Jun 12, 2012 9:18 PM EDT
Comment author avatarFeisty Redhead Roselle, ILExpand Comment Comment collapsed by the community

BTW Ali - knock off the Obama bull@!$%# - it is PRESIDENT OBAMA whether YOU like it or not!

  • 49 votes
#1.1 - Tue Jun 12, 2012 9:24 PM EDT
Comment author avatarMichael1969Expand Comment Comment collapsed by the community

LMAO! .....the closer we get to November the crazier and crabbier you get DumbFux....you funny clucker!

You must be senseing the "free-ride" is over!

  • 35 votes
#1.2 - Tue Jun 12, 2012 9:28 PM EDT
Comment author avatarFeisty Redhead Roselle, ILExpand Comment Comment collapsed by the community

LMAO! Woot woot.....the closer we get to November the crazier and crabbier you get DumbFux....you funny clucker!

Like anyone in their right mind would take what YOU have to say seriously?

By all means... do tell us what it is - YOU do for a living? Meanwhile, I will show you as the fraud YOU are!

Here's the problem pal... once YOU get caught lying your ass of - nothing YOU say has any credibility!

Are WE clear now?

The ONLY stupid mother-@!$%#er is YOU little butt-buddy!

  • 30 votes
#1.3 - Tue Jun 12, 2012 9:32 PM EDT
Comment author avatarMichael1969Expand Comment Comment collapsed by the community

Stop voting for yourself DumbFux......it's very unbecoming of you....lol

  • 36 votes
#1.4 - Tue Jun 12, 2012 9:33 PM EDT
Comment author avatarMichael1969Expand Comment Comment collapsed by the community

Feisty Redhead Roselle, IL

Here's the problem pal... once YOU get caught lying your ass of - nothing YOU say has any credibility!

Are WE clear now?

The ONLY stupid mother-@!$%#er is YOU pal!

LMAOOOOOOOO!! Oh mann, you're toooooo easy DumbFux!! Thank you for making me smile!

Told ya's.....you're losing it more and more everyday!

PS - for months you've "claimed" to have me on ignore.....lol.....a chick bull@!$%#ter...lol....what a loser

  • 30 votes
#1.5 - Tue Jun 12, 2012 9:36 PM EDT

"“running up the tab and trying to pass off the bill to me.”"

3 years after shouting he owned the economy and "give it to me!!!"... and Obama is still saying it's not his. Not an ounce of leadership in sight.

P.S.

Perhaps Obama should look at his own "tab" sometime, a $1.5 trillion deficit every year makes Bush look like a tightwad.

  • 41 votes
#1.6 - Tue Jun 12, 2012 9:40 PM EDT

I guess that whiner in the White House doesn't know what happened to that surplus either.

  • 23 votes
#1.7 - Tue Jun 12, 2012 9:48 PM EDT

On the flip side, he has presided over WAY more public sector jobs losses than Reagan, Bush, and W COMBINED...why? Because they ALL used government employment to kick start economies during their recessions.

Imagine, Obama more conservative fiscally than Ronald "I raised taxes 11 times" Reagan...

  • 30 votes
#1.8 - Tue Jun 12, 2012 9:57 PM EDT

You know it is getting really bad when Flyesity talks back to herself.

Back to the article:

Yep, and Mr. Obama's "Forward" theme is regurgitating his same old agenda from the 2008 Presidential election. He "wants" 4 more years to work on what he promised to do to begin with. And the result will be the same: FAILURE.

BTW, how many Democratic voter base camps has Mr. Obama thrown UNDER the ObamaWagon ? Guess we could start with Oprah.

  • 28 votes
#1.9 - Tue Jun 12, 2012 10:00 PM EDT

Right, @pjam and @ldo... and "okeydoke" this POTUS is the eternal sophomore, anyhow, but must have looked like a 5th grader standing next to Ben Franklin.

Forward/schmorward...

  • 12 votes
#1.10 - Tue Jun 12, 2012 10:06 PM EDT

WTF is wrong with you rightwingers? Get a life.

  • 36 votes
#1.11 - Tue Jun 12, 2012 10:17 PM EDT

Its not a "Definition" its a quote attributed to Albert Einstein.

"Insanity:doing the same thing over and over again and expecting different results." - Albert Einstein.

I am curious how you think Obama and the Democrats strategy are new and different. Its the same old Keynesian economic theory introduced back in the 1930's. The idea that the Federal Government can spend its way to the countries prosperity.

How well did that work out back on the 1930's? It took World War II before the country got back on the right track and right now 58.8% of the country believes the county is on the wrong track.

Good luck at winning a re-election when after 3.5 years of Obama's stewardship the People believe the country is going down hill.

On a side note; How much do you get paid Fiesty? Is it per Word, Per post? I'm just curious because my wife says if I'm going to be blogging I should at least make some money doing it. Is there a number I can call to sign up?

I will even shill for the Democrats. I don't care as long as it pays we'll. I pretty sure I can spew Democrat talking points as well as anyone else.

  • 19 votes
#1.12 - Tue Jun 12, 2012 10:30 PM EDT

Here's another term you should get familiar with Fiesty. It describes the Democrats perfectly. Even when a department is failing miserably their answer is always to throw more money at it.

http://en.wikipedia.org/wiki/Escalation_of_commitment

Escalation of commitment was first described by Barry M. Staw in his 1976 paper, "Knee deep in the big muddy: A study of escalating commitment to a chosen course of action".[1] More recently the term sunk cost fallacy has been used to describe the phenomenon where people justify increased investment in a decision, based on the cumulative prior investment, despite new evidence suggesting that the cost, starting today, of continuing the decision outweighs the expected benefit. Such investment may include money, time, or — in the case of military strategy — human lives. The phenomenon and the sentiment underlying it are reflected in such proverbial images as Throwing good money after bad and In for a dime, in for a dollar (or In for a penny, in for a pound).

The term is also used to describe poor decision-making in business, government, information systems in general, software project management in particular, politics, and gambling. The term has been used to describe the United States commitment to military conflicts including Vietnam in the 1960s - 1970s and in Iraq in the 2000s, where dollars spent and lives lost justify continued involvement.[2]

Alternatively, irrational escalation (sometimes referred to as irrational escalation of commitment or commitment bias) is a term frequently used in psychology, philosophy, economics, and game theory[citation needed] to refer to a situation in which people can make irrational decisions based upon rational decisions in the past or to justify actions already taken. Examples are frequently seen when parties engage in a bidding war; the bidders can end up paying much more than the object is worth to justify the initial expenses associated with bidding (such as research), as well as part of a competitive instinct.

  • 11 votes
#1.13 - Tue Jun 12, 2012 10:36 PM EDT

On a side note; How much do you get paid Fiesty? Is it per Word, Per post? I'm just curious because my wife says if I'm going to be blogging I should at least make some money doing it. Is there a number I can call to sign up?

I will even shill for the Democrats. I don't care as long as it pays we'll. I pretty sure I can spew Democrat talking points as well as anyone else

Now THAT was funny! How much do you get paid?.......lol

  • 14 votes
#1.14 - Tue Jun 12, 2012 10:36 PM EDT

GOP Policy redux means asking what we can afford for the next four years -- And what we CAN'T afford is going backward to the failed GOP/Bush-era policies that got us in this mess in the first place. What does Romney offer, as a plan or in rhetoric, that is new or improved? Nothing but the same debunked crap on steroids. Despite unprecedented obstructionism, the president has managed to get our nation back on a track of recovery. Support jobs bills like the Jobs Act or STFU.

  • 36 votes
#1.15 - Tue Jun 12, 2012 10:51 PM EDT

So fiesty is now telling the media what they can and cannot say. Wonders never cease.

  • 16 votes
#1.16 - Tue Jun 12, 2012 11:09 PM EDT

"asking what we can afford".

What a revelation. Imagine if people asked during the housing bubble "Don't tell me how much I can borrow, tell me what I can afford."

Imagine if A businessman said to a salesman "Don't show me what is out of my budget, show me what we can afford".

Imagine if a person went to a car lot and told the salesman "Dont show me what you would like to sell me, show me a car within my budget".

Those extremist Republicans, How dare they ask, "What can we afford"...

  • 14 votes
#1.17 - Tue Jun 12, 2012 11:12 PM EDT
Comment author avatarDamage123Expand Comment Comment collapsed by the community

Feisty Dumbfux- You kiss your lesbian lover with that mouth?

  • 12 votes
#1.18 - Tue Jun 12, 2012 11:17 PM EDT

A new poll shows 49% believe Republicans are stalling the economy on purpose to prevent President Obama's reelection. Don't reward betrayal, throw the Teapublicans out.

  • 41 votes
#1.19 - Tue Jun 12, 2012 11:38 PM EDT

Show the poll results ... That's o.k. I did a search.

I cant wait for you to post Links to the DailyKoss/SEIU/PPP poll. Are you going to provide links to think progress, moveon, maddow blog, Democratic underground which are citing the same, and only poll?

No bias to speak of there.

Are you sure you don't want to hire me Fiesty?

Most Reputable Polls actually post their polling methodology and the techniques they use. The fact that there is not a shred of documentation about how the poll was conducted or any other data except their little tables should cause people to think twice about it.

  • 10 votes
#1.20 - Tue Jun 12, 2012 11:49 PM EDT

Cantor said we need better leadership. Really? Look at the chaos in the House, or what Boehner referred to as trying to keep frogs in a wheelbarrow. Boehner said the president should have followed Republican advice. Seriously? Let me guess, is that advice to extend the Bush tax cuts for the rich?

A study just showed that the rich are the only ones who haven't loss wealth during the Great Recession, but we should give the rich more tax cuts?

Right now Republicans are trying to block the transportation bill. Stop obstructing a recovery. The GOP/TP -- their gain is your pain.

DN -- The latest survey is from Public Policy Polling (PPP) -- And how is this any less meaningful compared to Foxmussen polls?

  • 28 votes
#1.21 - Tue Jun 12, 2012 11:53 PM EDT
Comment author avatarPhantomBeastExpand Comment Comment collapsed by the community

For THOSE VERY VERY VERY VERY NAIVE Americans who "hope/wince a hope" that the republicanCrimeCartelSoldierRommel will have "Mercy', "Compassion to help" AND Add " Half A MILLION GOOD PAYING Job/Careers A Month" to America's much needed Employment Ranks and ThereFore Worthy of Your Vote; Better Seek a competent Psychotherapist or Intelligent Priest And/or Rabbi Because YOU ARE ABOUT TO BED DOWN WITH LUCIFER. Rommel will start TWO WARS At Once: Iran and Syria; Both Very Very Profitable and YOUR SONS Will Fight for the 1-5%ers Wealth and Corporate Profit: Better see yahoo/google on You Tube Bob Dylan: "Now You Masters of War" Now Try this One on For Size: President Harry Truman in 1948: "The Republicans … will try
to make people believe that everything the Government has done for the country
is socialism. They will go to the people and say: "Did you see that social
security check you received the other day—you thought that was good for you,
didn't you? That's just too bad! That's nothing in the world but socialism. Did
you see that new flood control dam the Government is building over there for the
protection of your property? Sorry—that's awful socialism! That new hospital
that they are building is socialism. Price supports, more socialism for the
farmers! Minimum wage laws? Socialism for labor! Socialism is bad for you, my
friend. Everybody knows that. And here you are, with your new car, and your
home, and better opportunities for the kids, and a television set—you are just
surrounded by socialism! Now the Republicans say, 'That's a terrible thing, my
friend, and the only way out of this sinkhole of socialism is to
vote for the
Republican ticket.'" And that was 64 Years Ago!!!, the republicanCrimeCartel is still doing the same exploitation of people THEY ARE NOTORIUS FOR. Now, according to KingGeorgeTheVacuumBrained, it is called "free market" capitalism; with families in the streets and 21% Unemployment.......

Remember Fellow and Sister Americans: A vote for ANY republicanCrimeCartelSoldier, Rommel, is a vote Against Yours and Your Family's WellBeing

  • 22 votes
#1.22 - Tue Jun 12, 2012 11:53 PM EDT

GOP Same Old wine in a new bottle?

Don't want it.

  • 27 votes
#1.23 - Wed Jun 13, 2012 12:30 AM EDT

"The latest survey is from Public Policy Polling"

Then it shouldn't be any problem providing a link to that poll on PPP's website. Here's the link to PPP's website.

http://www.publicpolicypolling.com/main/

I would love for you to show me the actual poll conducted by PPP and not a Blurry PDF that can barely be read

I looked at some of PPP's poll results and they look nothing like what all those websites link to. Did they make a special format change just for this occasion?

Take a look at how they document real poll results.

http://www.publicpolicypolling.com/pdf/2011/PPP_Release_POTUS_NC_061212.pdf

  • 4 votes
#1.24 - Wed Jun 13, 2012 12:32 AM EDT

The reason public sector jobs have been reduced during President Obama's term is because tax revenues have fallen so low in the states that they have to fire their public sector workers to balance their budgets. Also in the states with Republican governors and legislatures, they lay off their public sector workers in order to be able to afford tax cuts for the wealthy. Some of these comments sound like it is Obama's policy to lay off public sector workers, but he is the one saying we need to hire more teachers, firemen and police. You can blame the President for that, but that doesn't make it true. The President knows that employing the middle class is the only way out of this mess. Too bad he can't get any co-operation from the congress.

  • 25 votes
#1.25 - Wed Jun 13, 2012 12:37 AM EDT

Geez,

Where'd Dumbfux go last night? Not enough moonbats around to provide cover? Has everybody figured out that Dumbfux is actually 3 different guys (MSDNC employees too boot) sharing that ugly persona?

Oh well, not that it matters. In 2008, the electorate bought into a complete fraud and elected him President. MSDNC and the other media outlets can make excuses for this failure all they want.

Where are the pictures of coffins coming out of Afghanistan?

Where is Cindy Sheehan and the war protesters? Where is the Obama effigy labeling him a war criminal? Where are the mass demonstrations against the self admitted drone using assassin in the white house?

2012 the American people will correct the huge mistake they made nearly 4 years ago.

  • 12 votes
#1.26 - Wed Jun 13, 2012 7:36 AM EDT

Even his own party thinks ZERO about Mr Obama's "economic proposals"

2012FY Budget

May 25, 2011 – The Senate voted unanimously (97-0) to reject a $3. 8 trillion budget plan that President Obama sent to Capitol Hill in January

2013FY Budget

March 28, 2012 - President Obama's budget was defeated 414-0 in the House late Wednesday

If your counting, today will mark the 1,150th day since Democrats in the Senate passed a budget.

  • 11 votes
#1.27 - Wed Jun 13, 2012 7:37 AM EDT

Hey Dumbfux, did you see one of your faves Bristol Palin defend her mother and b$tch slap the piss out some mouthy liberal homo at a bar? It was funny stuff! Check it out on you tube...

  • 8 votes
#1.28 - Wed Jun 13, 2012 7:43 AM EDT

The President was right when he said - "the two presidents with the least growth in government spending in the modern era happened to be two Democrats named Barack Obama and Bill Clinton."

Also we have to remember that much of the minimal growth of gov. spending under Obama has been automatic growth set in motion by Bush. So it's binge drinking by Bush, but Obama gets a hangover.

  • 14 votes
#1.29 - Wed Jun 13, 2012 8:11 AM EDT

He would also be right to say that the president with the highest increase in the the national debt is named Barack Obama.

  • 9 votes
#1.30 - Wed Jun 13, 2012 8:25 AM EDT

In 2008 Obama ran his campaign on what he would fix. Obama gave timelines, he came into office with the Democrats in control of both Houses, and he passed what he said was needed to fix the economy. Obama has failed, and his policies have failed. Funny that Obama claims we would be returning to the failed policies of the past by electing Romney, when re-electing him means staying with the failed policies of the present.

If what this country needed to turn itself around was a steady dose of blame and excuses, Obama would have had this economy soaring in his first month in office. At a time when the country was in desperate need of a leader, the Democratic Party gave us Obama instead of someone that was up for the job. Obama has failed, and no amount of blame or excuses can change that fact. If Obama had a record to run on, he would.

  • 9 votes
#1.31 - Wed Jun 13, 2012 8:35 AM EDT

This is the most important election of my lifetime. I am 62 and I have survived Nixon, Reagan and barely survived GBII and Darth Cheney. But this election is the turning point for the nation. The President is right. THE GOP has proven time and time again they do not have the answer, so when in doubt, they help the rich get richer and put the burden on the backs of the poor and the dwindling middle class.

Remember, Romney isn't worried about the poor. And, in fact, he's not worried about the middle-class. He just wants to take care of the wealthy. He cares a LOT about them.

There is a very simple reason the President's economic policies have not worked as well as we'd all hoped. THE GOP has blocked them, changed them and generally obstructed everything he has tried to do so they can stand on the sidelines and say, "Look, what a failure." The low information voter, subject to doses of propaganda from FOX and Limbaugh 24/7 parrots the GOP without understanding the real reason the economy is sluggish.

If it weren't for FOX News and radio propagandists like Rush Limbaugh and the hundred million dollar baby Glenn Beck even the low information voters of the GOP would realize that we have a good man in the White House and doing a good job under impossible conditions.

So much of what is affecting our economy is totally beyond his control. The Euro Zone is in economic free-fall and there is nothing he can do about that. We have a GLOBAL economy and when that stock market in Europe falls, so does ours.

But the low information voter doesn't understand that and the GOP is more than happy to give them someone to blame.

The GOP has no intention of helping this nation. They know better than anyone it's not the President's fault. So all they can do is throw more money at the people who don't need it. They have slipped dangerously to the right. Ronald Reagan, were he alive today, would be unelectable as would Abe Lincoln, Teddy Roosevelt and many other GOP Standard bearers of the past. They would be seen as too liberal. This is very, very frightening.

If the GOP regains the White House we, the people, are doomed. I know, I live in the reddest of the red states and we have one-party government here. The GOP controls ALL the statewide elected offices, the House and the Senate and you cannot believe the damage they have done to the everyday working man and woman in Oklahoma.

This has got to stop or we are headed for a totalitarian nightmare. This is the election where we have GOT to DRAW A LINE and say NONE SHALL PASS. It's time we take back our country and rekindle the flame of the American dream. If we fail in November of 2012 I fear we will never have a second chance.

Obama/Biden 2012

  • 20 votes
#1.32 - Wed Jun 13, 2012 9:28 AM EDT

Yeah..., I don't think there is an American out there who wants to return to the policies that brought us unemployment in the 4 to 6 percent range...

  • 9 votes
#1.33 - Wed Jun 13, 2012 9:55 AM EDT

"We're not trying to push financial reform because we begrudge success that's fairly earned. I do think at a certain point you've made enough money, but you know, part of the American way is, you can just keep on making it if you're providing a good product."

-Barack Obama 2010

  • 8 votes
#1.34 - Wed Jun 13, 2012 11:08 AM EDT

We are witnessing the implosion of a presidency. It's a new week. Time for a new message. Trashing Bain backfired all over Chicago. Trashing Romney's Mass record fell flat on its face. This week it's back blaming Bush, which the base obviously can't hear often enough. If Obama put out a CD blaming bush, the Obamabots here would stand in line to buy it.

"We had baked into the cake structural deficits that were made even worse by a financial crisis," he said. "And so for these folks to suddenly get religion?" he continued, accusing Republicans of, as he had at earlier campaign events in Baltimore, "running up the tab and trying to pass off the bill to me."

Except that he ignores the fact that he doubled down on trillion deficits three more years. he's not the solution. If he hates trillion dollar deficits, why is he the worst offender? I don't acre about his phony baloney stimulus that he peed down the drain that fixed nothing long term. In 2008 he promised to cut the debt in half 2012. Broken promise. Next president.

  • 10 votes
#1.35 - Wed Jun 13, 2012 11:16 AM EDT

John...

I too believe there is more to fear in a "redux" of Mr. Obama's ideas of running the country than there is a reason to fear the nitwitted claim that Mr. Romney is simply going to "give us the same failed policies" from the past. Wow...really strong campaign message. What a great reason for asking for support for a president who simply isn't a commander at the helm of this nation.

And not for nothing, but if the President's new campaign ad directly aimed at black voters does not offend them...then they cannot be offended by anything. Really...backup soul singers chanting "we got your back" while the President warns black voters about losing their precious programs like 'Head Start' and 'Medicaid' if they don't help him get re-elected in November.

Maybe the President will try 'rapping' in his next campaign commercial with the half-naked dancing girls writhing around him on the stage. That actually would not shock me.

  • 3 votes
#1.36 - Wed Jun 13, 2012 11:38 AM EDT

President Barack Obama accused his Republican presidential challenger Mitt Romney of offering the same economic proposals as his Congressional counterparts did during the George W. Bush administration

If that means going back to RECORD LOW unemployment, vs. the insane level of unemployment we have now, then I'm all for it!!! Maybe then, the private sector will actually start doing fine once again. It is so shameful to think that enough of my fellow Americans were hoodwinked into voting for this dolt to get him into the Office of the President. What's even worse is how many of the damn fools still don't have a clue! That is what makes me worry about the future of this great country.

  • 5 votes
#1.37 - Wed Jun 13, 2012 11:49 AM EDT

It's funny all the trashing of President Obama. I get it, it's fun and easy to do.. But you sure don't hear anything about how great Romney will be instead.

Can anybody come up with anything better than "anybody but Obama" or "at least he's not Obama" or "next president"?

What does Romney stand for? What are his detailed plans to fix things? All I hear is empty rhetoric from Romney about how "Obama doesn't get it" or "he's way in over his head" or "Obama is out of touch" etc. ad nauseum.. That's fine, but if that is *all* you can come up with with and can't put forth any real plans other than extend the Bush tax cuts then what do you have? A "Fox News" talking point muppet?

Show me some Republicans that are truly fired up and electrified with their candidate.. They don't exist as far as I can tell.

  • 12 votes
#1.38 - Wed Jun 13, 2012 12:00 PM EDT

Rtypo...

Yeah...why would anyone be interested or excited about a well educated and extremely successful businessman with a strong business and government background and a near flawless personal history...running against a President who has no plan, rides the poll-testing merry-go-round week by week, and has campaigned more than he has governed for the past year and a half ???

What is Mr. Obama's "plan" anyway ??? Who is being "electrified" by the Obama plan for the next four years when they have no idea what that plan is ???

  • 6 votes
#1.39 - Wed Jun 13, 2012 12:26 PM EDT

Feisty...

If "insanity" is doing the same thing "over and over again and expecting a different result"...then many would say re-electing President Obama would truly be "insane". I would concur.

  • 10 votes
#1.40 - Wed Jun 13, 2012 12:34 PM EDT

a well educated and extremely successful businessman with a strong business and government background and a near flawless personal history

So being POTUS is like being a CEO and making your shareholders wealthy? Strong government background like he did in MA? Really? I know plenty of people who are successful in Business, like Donald Trump. Sarah Palin was in government too.. Doesn't mean they are qualified to be prez. So what is your point exactly?

Why is it that all you guys can seem to do is parrot the talking points and tow the party line? You get an A++ in trashing the Prez. Cudos. But you get an F- in articulating why Romney would be superior to lead the country.

  • 9 votes
#1.41 - Wed Jun 13, 2012 12:51 PM EDT

@ fiesty Basically, anyone can use the term Obama instead of "President Obama" as it is their first amendment right. I am sure you used the term President for all previous presidents even those you did not agree with on politics/actions.

All of this arguing is really getting us no where. There seems to be a group of people who think Obama can do no wrong no matter what a FUBAR he pulls. Frankly, I am tired of his always blaming Bush and anyone else for his ineffectiveness. The only thing he did not blame on the previous administration was Osama being caught and that is actually one item that I do think was assisted by Bush's policies (please note I am not saying President Bush either). (I used to call Bush by the title Bush/D-A-R-T- H Cheney but it never used to get my comments posted so I just stick to Bush now).

@ RTypo - no I am not fired up about Romney though I am an Independent not a Republican. I would prefer Hillary/Bill. I will be voting for Romney because I think with enough watching/complaining with Romney we can make it through 4 years until we can get someone strong for 2016 (Dem, Repub, Independent, or etc - I do not care as long as they are a good experienced leader).

Obama, I gave a chance and for me he was a major fail plus he appears to have severe issues with NPD (narcissism personality disorder) that I believe will make his next four years even more of a disaster than the current term. I was electing a President in 2008 not an incompetent egotist to be the first celebrity. World leaders with this type of disorder as far as I know have never had a good end result (at least for the country they are leading). If you doubt the NPD look over his actions/complaints, his adding his info to all the presidential biographies post CC except Ford, all his books are autobiographies, all his photo ops, rubbing shoulders with celebrities, and even naming the poor dog after himself.

Also, check out the episodes of ancients behaving badly (tv show) and the match for the great one is a bit eye opening.

  • 4 votes
#1.42 - Wed Jun 13, 2012 12:52 PM EDT

What a revelation. Imagine if people asked during the housing bubble "Don't tell me how much I can borrow, tell me what I can afford."

Oh so true. And where did the housing bubble come from? Why, George W. Bush, of course! Look it up - pushed by Bush, sponsored by a Republican, co-sponsored only other Republicans, passed by Republican majorities in both houses and signed into law by George W. Bush on Dec16, 2003. This bill reduced the downpayment on all GSE guaranteed loans to 3%.

From George W. Bush when he signed the law:

One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream.

A month after signing the “Dream Act,” Bush urged Congress to permit the FHA to begin making zero-down-payment loans to low-income Americans.

So much for your crap about any fiscal repsonsibility from Republicans. Republicans caused the housing bubble!

  • 10 votes
#1.43 - Wed Jun 13, 2012 1:15 PM EDT

Meanwhile Obama numbers continue to slip. Fresh voter polls hit today. Even Registered voter polls are starting to show Romney as the leader.

Why should Romney do anything, Obama' has been handing 2012 to Romney all by himself.

  • 3 votes
#1.44 - Wed Jun 13, 2012 1:46 PM EDT

RTypo...

Sorry...but I'm looking up at the front of the room I am in and don't see you standing their as my teacher...so, not interested in your grades or report card.

The single sentence I wrote about Mr. Romney's qualifications could not have been written about Barack Obama four years ago. And nobody yet has written on this site just what exactly Mr. Obama's plan for the next four years is...but Mitt Romney needs to spell his out in detail to earn any votes ?

  • 3 votes
#1.45 - Wed Jun 13, 2012 1:59 PM EDT

Oh so true. And where did the housing bubble come from? Why, George W. Bush, of course! Look it up - pushed by Bush, sponsored by a Republican, co-sponsored only other Republicans, passed by Republican majorities in both houses and signed into law by George W. Bush on Dec16, 2003. This bill reduced the downpayment on all GSE guaranteed loans to 3%.

Wrong.... Clinton and Frank morphed the Community Reinvestment Act in mortgages for dummees in the mid 90's. Evdrybody got a house. A bubble that big takes many years to overinflate. Fannie and Freddie/Countrywide DR Horton and KB Homes built a huge cash machine and we got stuck wit hthe bill. Bush tried to rain in Fannie and Freddie in 2007 before the wheels fell off, but the 2007 Dumbocrat Congress would hear nothing of it. Look it up. Bush has enough to be blamed for without pinning all of Clinton's problems on him.

  • 6 votes
#1.46 - Wed Jun 13, 2012 2:03 PM EDT

The only reason as to why this election is so close is that neither side has any real answers to the problems with the economy. The president's tendencies to be drawn into austerity measures are shrinking the economy at the same rate as it shrinks government spending; what a shocker!!! Spending is spending, no matter who or what does the spending, it still counts toward GDP (it's the economy, stupid!). At the same time, gubner Romney wants to go back to the fun days of W Bush and the Republican Congress that survived, for a while, on credit spending (until the credit cards got spent out), even though there isn't that much credit left today and intelligent consumers have learned not to rely upon credit to survive.

The real answer is in business (BIG bidness...) investment of their trillions into payrolls. Giving tax cuts didn't work before, it won't work next time. Maybe it's time for that "big stick" method of encouragement.

  • 3 votes
#1.47 - Wed Jun 13, 2012 2:07 PM EDT

Summer...

Your description of the President's "NPD" is spot on. I have felt that way about the man since he first starting campaigning for the 2008 election.

Remember him castigating the Supreme Court during a State of the Union speech...surely he knows that they are not allowed to react to anything in a setting like that, so they'd just have to there and bite their lips while being insulted.

Remember his televised insults during the 'healthcare reform' committee meetings...publicly insulted John McCain on camera for the folks to see...and then tossed out "I see you brought your props with you" to another Senator, who responded "It's not a prop...it's your healthcare reform plan".

And then of course there's the inauguration day pap about "the day when the seas began to rise and the Earth began to heal". Classic narcissist ??? Yaaaaaawww !

Within 10 days we will see how the President reacts should the Supreme Court poop on his healthcare plan...I do believe it'll be a narcissist's dream come true and they may have to add a section to the DSM manual.

  • 5 votes
#1.48 - Wed Jun 13, 2012 2:22 PM EDT

Well, that's a new one. obama blames Bush (the guy before him) and now going to blame the policies of Romney (the guy after him). I haven't seen the race card played yet, did I miss it or has it not been dealt yet?

  • 2 votes
#1.49 - Wed Jun 13, 2012 2:30 PM EDT

Sorry, Feisty old girl, if someone wants me to call him Mr and Sir and Mr President, he has to earn my respect and Hobama has yet to do that. You can howl and whine and moan and scream all you want and still won't make me change my mind about someone who tries to keep running off the smoke and mirrors of charisma. All it does is remind me of how narrow-minded people who refuse to take out their personal ideology and reexamine it on regular basis can be.

If your mind is broader than one hair-width, you should be able to tell what has failed over the last 3.5 years (and trust me, it is all of Hobama's policies). Blame doesn't cut it. Apologizing for the way our country does business in the world doesn't cut it. Spending money on "shovel-ready" jobs that don't last more than a few months at most doesn't cut it. Running up our deficit by $5 trillion doesn't cut it. And your mouth and swearing and screaming at people who do not agree with your narrow-minded ideology and hero-worship does not cut it.

I don't know what the Democratic party is paying you to post the trash talk you throw up on a regular basis, but it is way too much IMHO.

  • 5 votes
#1.50 - Wed Jun 13, 2012 2:57 PM EDT

If all you want to be is a partisan, fox news, talking point hack Tony, thats cool. At least with Obama we know were he stands, he has plans for better or worse.. not so much with Romney. I'm not saying Obama/Biden are the greatest thing since sliced bread, but I'm not seeing anything better in the Romney camp. Just the fact that he isn't Obama isn't enough for me.

So far with Romney, I see nothing but a spineless, wishy-washy, political pandering worm. Not impressive by any stretch of the imagination. I'd rather stay in the frying pan than jump into the fire.

And thanks summerlight for your respectable response.

  • 7 votes
#1.51 - Wed Jun 13, 2012 3:10 PM EDT

Well, that's a new one. obama blames Bush (the guy before him) and now going to blame the policies of Romney (the guy after him)

Well, THIS is a new one. Instead of making a substantial comment about how Bush's policies weren't all that bad or how Romney has articulated an intelligent and detailed plan to get us back to Clinton-era affluence levels, you guys just play the same old broken record, "Obama blames Bush for everything." Really, what is Obama supposed to say so you can stop saying that? "Look, uh, Bush was a great president, and none of what is happening today is due to his, uh, policies"?

  • 4 votes
#1.52 - Wed Jun 13, 2012 3:12 PM EDT

ghost...

You need to check out the President's new ad aimed at black voters. Reverse-race card...when people make fun of that hokey TV ad, they'll be branded as racists.

If a white candidate made that same ad to attract black voters...that candidate would be called a racist. They'd be told "why did you put the Motown sound with the chanting background singers in your ad...black voters are insulted that you think that kind of message is what they want". And "why did you bring up 'Medicaid' and 'Head Start' programs...it's not only black folks who need those programs ?".

You must check this TV commercial out !!!

  • 3 votes
#1.53 - Wed Jun 13, 2012 3:19 PM EDT

RTypo...

Must be Feisty's cousin or in-law living in a land where anyone who doesn't agree with you simply must be a Fox News, Rush Limberger, repub-repuke republicant, George Bush loving synchophant.

As for Mr. Obama...what "plans" ??? He has no budget and he has no plan...minor inconveniences on the way to an election campaign.

  • 3 votes
#1.54 - Wed Jun 13, 2012 3:26 PM EDT

When a SITTING president cannot run on his own record and must rely on "but it would have been worse if I wasn't president" then the goose is cooked. The final nail in the coffin. The fat lady is singing. Or whatever metaphor you want to use.

When Obama MUST hope that he can SCARE you for your vote then he is deep in trouble. And only unintelligent lemmings would vote for a president for a second term when there is NOTHING that the president can say he did in the FIRST term that was any good and helped the economy.

And, sorry, the "it's George Bush's fault" doesn't work anymore. Obama has been president about 3.5years and virtually all the economic indicators show it is worse now than when he took office. Unemployment higher. Lower labor force. More on food stamps. More on welfare. More companies relocated out of the U.S. in the last three years than any 3 year period in history. Lower home values. And the list could go on and on. Stick a fork in him - I think he is done.............

  • 5 votes
#1.55 - Wed Jun 13, 2012 3:36 PM EDT

TruePatriot-

The latest survey from Democratic-leaning firm Public Policy Polling (PPP), conducted in conjunction with Daily Kos and SEIU, shows that 49 percent of registered voters nationwide think Republicans are “intentionally stalling efforts to jumpstart the economy”

Name one reputable news source that has published this? It was conducted by SEIU and the daily Kos... Why don't we have American Cross Roads (Republican Super Pac) conduct a poll and just take those numbers as truth?

  • 3 votes
#1.56 - Wed Jun 13, 2012 3:54 PM EDT

skip Nicholson, Oklahoma City -- Howdy partner, good post. Add Eisenhower to the list.

The GOP/TP is 98% white, older citizens. These folks feel threatened and worship at the Alter of Fear and Hate. tony-268769 is probably Mormon and would vote for any Mormon no matter how despicable, because that's their culture.

The main reason Romney would be so bad for our nation is the fact the he is a plutocrat, and this is the worst time to have someone like that in the White House. And though the damage--for example possible rightwing appointments to a SCOTUS that already leans to the Right and now legislates from the bench--would be severe, and would take a long time to correct, it would not be permanent because of changing demographics.

Don't get me wrong, we've already suffered a Lost Decade thanks to failed GOP/Bush-era policies, and no one is in the mood for more of it. If Romney were able to win, most likely the Teapublicans would start spending like drunken sailors again (they were the ones who got rid of PAYGO during Dubya). Why? because in their dark hearts they know they are blocking recovery, and know if there is a Republican in the WH, they will be blamed no matter how good the propaganda machine of FOX/Hate Radio tries to spin it.

So Summerlight-2713606, who probably identifies with Teabaggers and is NOT really Independent, your hopes of holding Romney's feet to the fire is very unlikely -- In large part because GOP/TPers like McConnell, Boehner, even Cantor and DeMint will suddenly be all about the economy and will throw Norquist and Teabaggers under the bus so fast it would make your head spin. Romney is so weak, he couldn't stand up and fight his way out of a paper bag.

tony-268769, Summerlight-2713606, et al -- The president recently used the analogy of Republicans at a restaurant ordering steak and martinis. When he shows up, they leave the table and stick him with the tab. I mentioned above how Reapublicans got rid of PAYGO during Dubya, and we all know they are blocking everything now -- Even their own bills/ideas (including tax cuts!) and things that have always been bipartisan like the transportation bill. Please tell us how/why you feel this is not true?

  • 5 votes
#1.57 - Wed Jun 13, 2012 3:55 PM EDT

Andres - "Obama blames Bush for everything." Really, what is Obama supposed to say so you can stop saying that?" Ummm...Stop blaming someone else, how about that? Sorry but 3+ years into the job it is yours and you own it. Remember, obama said he is driving the bus and Republicans can come along for the ride, but they have to ride in the back of the bus. Either he is in charge ( as he points out every-time a camera gets near him) or isn't.

  • 2 votes
#1.58 - Wed Jun 13, 2012 3:58 PM EDT

Fiesty Red Head-

ike anyone in their right mind would take what YOU have to say seriously?

I take what is said seriously, and for you to say I'm not in my right mind would be an unfounded attempt to discredit me...

By all means... do tell us what it is - YOU do for a living? Meanwhile, I will show you as the fraud YOU are!

Well I would say that a paid blogger would not be in the cards, unlike some people on this page...but I fail to see why this would make adifference anyway.

Here's the problem pal... once YOU get caught lying your ass of - nothing YOU say has any credibility!

This is something that you yourself should listen too...

Are WE clear now?

The ONLY stupid mother-@!$%#er is YOU little butt-buddy!

This was a shocker, I never suspected you of being a homophobe until now!

  • 2 votes
#1.59 - Wed Jun 13, 2012 4:00 PM EDT

Tony - do you have a link or will a general search turn it up? And you are going to have Feisty breathing fire again and calling us all m-f- and we must be racist. You know, if you disagree with obama it must be a racial issue.

  • 2 votes
#1.60 - Wed Jun 13, 2012 4:07 PM EDT

@ truepatriot

Actually, I am an Independent. If you see my comments in some of the forums you can see Liberals call me Conservative and a suspected Teabagger and you can see Conservatives calling me a POS Liberal (yes, I am popular).

I will tell you what I told Tammy in the other section (she was one of the ones complaining that I was lying and was really a Liberal trying to hide as an Independent), basically I call it as I see it and I don't follow any particular party. I was making snarky comments at the time about Palin.

I suppose that is what an Independent is ... I don't agree with either party on all of their platforms but see parts within each party that I think have merit and I support. I also see bad apples and issues with both the Dems and Repubs. My favorite Dems are Hillary/Bill and Evan Bayh (and Jimmy post his presidency). My favorite Repubs are Colin Powell, Condoleezza Rice, and Dick Lugar. On the other hand I cannot stand Obama, Bush, Palin, or D-Ar-th Cheney (that should be Darth but they nail every comment I put in with that in front of Cheney for some reason). Biden does not really count to me - he is really a foot in mouth VP and I cannot think why they have him except he does make Obama look smarter by comparison.

Some day I would like to see a viable third party candidate so we can break out of the mold of having to pick who is the least likely to mess over the country. I think this is also one of the major problems I have with Obama and his being such an abysmal egotistical incompetent fail (I had originally wanted Hillary but decided to give him a chance plus got caught up in the historic moment). I had such high expectations in 2008 and over the course of the 3 years I really regret voting for him. If I could go back I would just sit out of that election. I was not as disappointed in Bush (though I never voted for him) because there was very little he could do after stealing the election in 2004 that would lower my opinion.

So far I will be voting for Romney (unless he seriously messes up then I will set out of the election. Obama fooled me once and he is not getting a second vote from me) and trying to figure out what can be done differently for 2016. I had joined Americans Elect 2012 but that went no where.

If there are any other Independents posting and we should be growing in numbers, have you heard of any other groups (similar to Americans Elect) that show any possibilities for 2016?

  • 1 vote
#1.61 - Wed Jun 13, 2012 4:31 PM EDT

Don't pass a budget for 4 years - check
Break 1 trillion deficit 5 years in a row with Democrats owning 2/3 to 3/3 of gov't - check
Claim spending $4 million in attack ads are bad while asking for millions in donations during an attack speech - check
Continue every single policy of the previous administration (Gitmo, patriot act, drone attacks, etc) - check
Ignore that Democrats have been in majority since Jan 2007 and blame it on the other party - check
Continue the "Bush tax cuts" every year since 2007 when Democrats could have easily stopped it, then blame it on Bush - check

Sorry, but this guy doesn't seem to know how to lead even when he had months of supermajority. It's time for change.

“It will be the same stuff, the same okey-doke, but you know what they do have, is they’ll have 500 billion dollars-worth of negative ads,”

500 billion dollars, huh? I don't think he even knows the value of a dollar. He later says they've spend $4 million so far. So I guess we have $499,996,000,000 to go? Wasn't he the one who had the most expensive campaign in history and now he's telling us that makes someone a bad person?

  • 5 votes
#1.62 - Wed Jun 13, 2012 4:51 PM EDT

@ true patriot I had not notice the question at the end.... Why do I feel it is not true?

Well I am going to take a step back and say I do not appreciate Obama always making it about how others are the issue and never him as in your example -classic NPD. He should have not pushed the health care bill over the Repubs dead bodies and screaming objections as one of his first objectives. He also has a propensity to toss people under the bus (even members of his own family) for his own personal enhancement.

The way he has gone about trying to get things done has been one of the major issues with the blocks. He needed to start small build cross- communication and partnerships. Build some small wins and let others share or have the spot light and eventually with input/collaboration he could have gotten what was needed to be done and we would have a good health bill and etc. I am sure you will say this was all impossible but I don't believe it. He came in with an ego the size (everything I can think of is too small) and it was going to be his way or the highway as the great one has spoken. Then he proceeded to party it up with celebrities and photo ops taking $$$$ vacations and listing family members and friends as staff (you can look this up).

He would go anywhere he could to get a crowd to worship him and talk, talk, talk but no real action until it was time for re-election. Yes, he got Osama and that was one time he really should have mentioned that previous administrations (Bush and Clinton) had a hand and helped him but no. Blame he can spread around but anything positive it was all him (according to Obama).

The recent leaks I think are also going to be a problem for him. The leaks are too descriptive to be from the Repubs as I doubt they were allowed in the room. Also, either Obama or his staff have no shame in trying to spin him (editing the past presidential biographies was a real low - though not the lowest low there are many items competing for that title - keeping the Nobel Peace Prize, getting the photo he wanted then tossing the Dalai Lama out the back door with the garbage stacked up, cheesy presents and comments to the Queen of England, apologizing to our enemies, ....... ).

So in answer to your question, yes I think the Repubs not working with him is at least partially his fault. I think Hillary would have managed them much better and we would not be in this mess. So as to him picking up the tab ... well I am sure he will just charge it to the American people like everything else. Frankly, at this point he (Obama) has lost my vote. The only issue that is in question is do I vote for Romney as there is no other viable choice. So far the answer is yes but it is a long time until November.

  • 2 votes
#1.63 - Wed Jun 13, 2012 4:55 PM EDT

Wrong.... Clinton and Frank morphed the Community Reinvestment Act in mortgages for dummees in the mid 90's. Evdrybody got a house. A bubble that big takes many years to overinflate. Fannie and Freddie/Countrywide DR Horton and KB Homes built a huge cash machine and we got stuck wit hthe bill. Bush tried to rain in Fannie and Freddie in 2007 before the wheels fell off, but the 2007 Dumbocrat Congress would hear nothing of it.

Nope, you are wrong. Legal and financial experts have noted that subprime excesses came mainly from institutions not regulated by the CRA.As far as Bush trying to "rein in" Fannie and Freddie, Mike Oxley, Republican and hardly a flaming liberal, has a much different memory of events:

“All the handwringing and bedwetting is going on without remembering how the House stepped up on this,” he says. “What did we get from the White House? We got a one-finger salute.”

The House bill, the 2005 Federal Housing Finance Reform Act, would have created a stronger regulator with new powers to increase capital at Fannie and Freddie, to limit their portfolios and to deal with the possibility of receivership.

Mr Oxley reached out to Barney Frank, then the ranking Democrat on the committee and now its chairman, to secure support on the other side of the aisle. But after winning bipartisan support in the House, where the bill passed by 331 to 90 votes, the legislation lacked a champion in the Senate and faced hostility from the Bush administration.

Adamant that the only solution to the problems posed by Fannie and Freddie was their privatisation, the White House attacked the bill.

“We missed a golden opportunity that would have avoided a lot of the problems we’re facing now, if we hadn’t had such a firm ideological position at the White House” Mr Oxley says.

  • 4 votes
#1.64 - Wed Jun 13, 2012 5:51 PM EDT

Summerlight-2713606 -- I appreciate your thoughtful replies.

Every POTUS has NPD to some extent, but President Obama does not "pass the buck" and the bin Laden mission is case in point. Also, separate what is the president's responsibility versus that of Congress. Health care reform was based on Republican ideas (candidate Obama was against a mandate). Health reform has been debated going back many, many years, and how can we forget that summer of Town Squalls? Unlike the Bush tax cuts, ACA was passed with a filibuster-proof super majority, not via reconciliation with Cheney's vote to break a tie.

No one, in the face of premeditated obstruction (per the meeting of 15 Republicans on the day the president was inaugurated) has tried, and is still determined to try to offer olive branches and reach across the aisle. In regard to the ACA, hundreds of Republican ideas were adopted, but FOX will never report on this.

The only time something passes, like the payroll tax cuts, is when the Republicans are so pressured by the media and public, or when the GOP/TP use blackmail like passing the extension of unemployment benefits in exchange for extension of the Bush tax cuts for the rich. Bottom line, this is no Tip O'Neill and Reagan scenario -- The Party of No has gotten that name for a reason.

I highly recommend you watch the NBC special with Brian Williams on bin Laden. President Obama constantly praises others, and even sat in a folding chair off to the side because he didn't want to disturb the military person in charge of the operation. Also, look at how President Obama brought in or kept many Republicans on his cabinet or staff (LaHood, Huntsman, Bernanke, etc.). When he spoke to students recently, and talked about the student loans he and Michelle had as of eight years ago, and you can see he is humble and in fact still finds it hard to believe he is now president.

Why should the president leak national security information? Foreign policy is his strength, so he doesn't need to make this stronger. It's about the economy. Come on, apply some logic--these attacks about the leaks make no sense. Also, President Obama has gone after leaks more than other presidents.

In the end, all the criticisms you make about President Obama can be applied to Romney, and then some. Romney is far worse in failing to make his case why he should be POTUS. In fact, he has been very secretive, which is disconcerting. And Romney is far more a bully, far more self-serving, far less trustworthy.

I am a moderate leaning to the Left, and recognize many of your points as FOX talking points. Try Up with Chris Hayes. The program is very high-level with a range of viewpoints.

  • 2 votes
#1.65 - Wed Jun 13, 2012 6:29 PM EDT

He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

They did. Those tax cuts may have been across the board, but they only added to the income of the wealthy, as median income stagnated over the Bush years. The wars (even for Afghanistan) were bogus and their management was fuzzy at best.

“We had baked into the cake structural deficits that were made even worse by a financial crisis,” he said. “And so for these folks to suddenly get religion?” he continued, accusing Republicans of, as he had at earlier campaign events in Baltimore, “running up the tab and trying to pass off the bill to me.”

It's true. Obama didn't run up trillion dollar deficits: the recession did. He did preside over them, but there was little he could do to fix it. Unless spending cuts and tax increases work during an economic recession (which they don't), his hands were tied. Ironically, the best thing he could do to fix the deficit was to spend money on stimulus projects to shorten the recession and ensure a strong recovery. Unfortunately, we couldn't spend enough to fix the recovery and we're stuck in a slow one right now.

OBAMA BIDEN 2012

  • 4 votes
#1.66 - Wed Jun 13, 2012 7:39 PM EDT

David Noah

Its not a "Definition" its a quote attributed to Albert Einstein.

"Insanity:doing the same thing over and over again and expecting different results." - Albert Einstein.

I am curious how you think Obama and the Democrats strategy are new and different. Its the same old Keynesian economic theory introduced back in the 1930's. The idea that the Federal Government can spend its way to the countries prosperity.

Well, actually the Keynesian policies developed in the 1930s DID work. They've worked in every recession since the Great Depression. And the idea isn't that the government can spend it's way to prosperity; it's that when the economy is in free-fall and the private sector isn't investing enough into the economy, the government should step in and use fiscal and monetary policy to stimulate demand and get the economy out of the recession.

How well did that work out back on the 1930's? It took World War II before the country got back on the right track and right now 58.8% of the country believes the county is on the wrong track.

Good luck at winning a re-election when after 3.5 years of Obama's stewardship the People believe the country is going down hill.

What you fail to admit that World War II INCORPORATED Keynesian fiscal principles. The government injecting billions into the national economy via orders for military weapons, ammunition, vehicles, equipment, etc, creating millions of jobs, stimulating demand, and lifting us out of the recession. Obama can still win the election; what he has to do is emphasize how far we've come, how he is trying hard to fix the economy in spite of Republican opposition from the get-go, and how things will become worse under a Romney presidency. I give the president a 50-50 chance of winning, not good enough to assure him but not bad enough to discourage him. If he can win the argument that Republicans are blocking his attempts to fix the economy, he will probably win the election.

OBAMA BIDEN 2012

  • 5 votes
#1.67 - Wed Jun 13, 2012 7:48 PM EDT

Freshieee -- Everybody leaves out the second leg of Keynesianism: when prosperity returns, the government stops spending like a drunken sailor. That part hasn't been tried since Truman, or maybe, Eisenhower. So, for at least 50 years, Republicans and Democrats, Presidents and Congress have tried to bribe the voters with their own money. It will take much more than four years to undo all the failed politics of the past.

I sound like a Republican, don't I? I used to be one but this is not your father's Republican party. The idea of living in a theocracy where one side knows they are God's Chosen is not an option.

Mr Romney(or Mittwit, as I like to call him,) seems to have no idea what he would do as President(after the first day, of course) and if he does have any ideas he is keeping them secret. There are two possible reasons for doing this: 1) he has no clue and is just running because his father never made it, or 2) he knows if he told us his plans, he wouldn't get a single vote from anybody.

To me, he displays a singular lack of honor. I know it's an obsolete concept, but I have always hoped to see it in a President sometime in my life.

  • 3 votes
#1.68 - Wed Jun 13, 2012 8:50 PM EDT

He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

Seems as though he forgot that his party controlled congress the last 2 years of the previous administration an the first two years of his administration an they still didn't get anything done. His party hasn't produced a budget in the senate for the last three years and he is still blaming bush.

The deficit increased $4 Billion in eight years under bush and it has increased $5 Billion in three years under obama. And still obama clings to the concept that bush was fiscally irresponsible.

  • 1 vote
#1.69 - Wed Jun 13, 2012 9:12 PM EDT

okie joe-3728210

Freshieee -- Everybody leaves out the second leg of Keynesianism: when prosperity returns, the government stops spending like a drunken sailor. That part hasn't been tried since Truman, or maybe, Eisenhower. So, for at least 50 years, Republicans and Democrats, Presidents and Congress have tried to bribe the voters with their own money. It will take much more than four years to undo all the failed politics of the past.

I agree with you on that, that Keynesian economic principles are usually done away with after recessions, but that is mainly prevalent because the last time we had a surplus was in 2001. And yes, it was a surplus, the last we are going to see for the foreseeable future. But I don't believe that we've spent like sailor for the past 30 years; we had some respite during the late Clinton years, when the defense budget was winding down. Not so much now...

I sound like a Republican, don't I? I used to be one but this is not your father's Republican party. The idea of living in a theocracy where one side knows they are God's Chosen is not an option.

Kinda, but you remind me of those old moderate Republicans of the 50s and 60s. Plus most Republicans oppose (publicly, at least) Keynesian economics.

Mr Romney(or Mittwit, as I like to call him,) seems to have no idea what he would do as President(after the first day, of course) and if he does have any ideas he is keeping them secret. There are two possible reasons for doing this: 1) he has no clue and is just running because his father never made it, or 2) he knows if he told us his plans, he wouldn't get a single vote from anybody.

I'd say the second one. He's offered tiny tidbits of info, like agreeing with the Ryan plan and proposing plans to repeal Obamacare and cut taxes across the board by 20%, but not much concrete data on what he would cut or any bills he would pass. I personally don't even think he wants to remove Obamacare. He most likely will, with pressure from conservatives, but he'd be branded as a hypocrite for ages.

the thinker-318752

He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

Seems as though he forgot that his party controlled congress the last 2 years of the previous administration an the first two years of his administration an they still didn't get anything done. His party hasn't produced a budget in the senate for the last three years and he is still blaming bush.

Seems like you forgot that the GOP choked the Senate with the filibuster. And there was only a supermajority for a few months, and so they decided to pass Obamacare.

The deficit increased $4 Billion in eight years under bush and it has increased $5 Billion in three years under obama. And still obama clings to the concept that bush was fiscally irresponsible.

You seem to forget that Obama presided over a RECESSION and that deficits naturally occur during economic downturns. You also forgot to mention that the recessionary deficit was piled on top of the Bush (yes, dare I say the B word) structural deficit.

OBAMA BIDEN 2012

  • 4 votes
#1.70 - Wed Jun 13, 2012 10:46 PM EDT

Obama is probably the poorest president we've had in 50 years. He has accomplished nothing in 3+ years, and for 2 of those years, he had a congressional majority. What I find most frightening, is that there are those out there (like Skip) that can't step back and look at the direction Obama would like to take this country.

Why is it that all you guys can seem to do is parrot the talking points and tow the party line? You get an A++ in trashing the Prez. Cudos. But you get an F- in articulating why Romney would be superior to lead the country.

Look...yes, in some ways it is "Anybody but Obama"...and that isn't without merit. Obama policies are so bad for the long term, something needs to be done to stop this bleeding.

But since you asked...this is a simplification of his 87 page proposal, http://www.mittromney.com/blogs/mitts-view/2011/09/believe-america-day-one-job-one Romney does have ideas...yeah yeah....going to hear it from all the nutbags out there "same old GOP policies, yadda yadda whine cry"...but they aren't....and they are a lot better than "give me another trillion to waste to create a few jobs for my union buddies at $288,000 a job while the unemployment rate climbs"

  • 1 vote
#1.71 - Thu Jun 14, 2012 2:10 AM EDT

EEngineer -

You actually made some good points, but you are missing a bit. Blaming the GOP for the housing bubble exclusively is not taking into consideration the entire picture. Bill Clinton tasked Cisneros (the director of HUD) to come up with a plan in 1994 and an exerpt of that is

For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership.

This policy opened up the path to not only allowing non-qualified people to get a mortgage, but also allowed for the selling and reselling of bundled mortgages that crashed the banks. And how were those banks allowed to invest like that? Grahamm, Leach, Bliley was passed in 1998 in essense repealing Glass-Steagall which was enacted to prevent another depression. This was a bipartisan mistake, and has yet to be undone.

Almost all the elements for the depression we are currently in were being put in place since Reagan actually. Clinton's administration really made some changes that set the whole thing up...and GW's inaction in getting a handle on the bought and paid for senators and house members that were writing this crap put us into this.

Obama's spending is a future disaster that is going to not only prolong this mess, but could crash it completely. Call Greece and ask them how deficit spending worked for them.

  • 2 votes
#1.72 - Thu Jun 14, 2012 2:27 AM EDT

David Noah,

I found this one but it is not exactly as TP presented it however it is very enlightening:

http://www.publicpolicypolling.com/main/2010/06/voters-opinion-of-the-state-of-the-national-economy-linked-to-ideology-personal-finances-far-more-re.html

It shows that people are ideologically split. Republicans are more likely to say that the economy is going down the @!$%#ter while Democrats are more likely to say it could improve.

  • 1 vote
#1.73 - Thu Jun 14, 2012 5:31 AM EDT

Joe-755363

a 2-fer!

"same old GOP policies, yadda yadda whine cry"...but they aren't....and they are a lot better than "give me another trillion to waste to create a few jobs for my union buddies at $288,000 a job while the unemployment rate climbs"

To be honest about it, I can throw-up all over his plan, but I think he's still just pandering to his base... so we STILL aren't sure exactly what he will do. His plan is full of tax cuts, a tax restructure with unclear final results, pushing all responsibility to the states on support processes that have proven to fail at the state level (insure your own people because the feds aren't going to do it), and an over all message of reduction... "we can't afford (fill in the blank)" sounds pretty much like furthering or expanding austerity for most while pumping up the "investors".

This policy opened up the path to not only allowing non-qualified people to get a mortgage, but also allowed for the selling and reselling of bundled mortgages that crashed the banks.

Taking a chance on Americans to expand the American dream is all they did. But, contrary to your statement, what they did had NOTHING to do with driving the unclear and untrackable bundled mortgages. The banks took the legislation and some took license to lie on applications, get as many unsupportable mortgages as possible and immediately sell them as A+ with no lingering liability. That said, it was our total lack of regulatory oversight that allowed the further bundling and bungling of these trash assets into risky derivatives that were both proliferated and insured without concern. Absent the bundling and the derivatives, we would have had a recoverable real estate bubble, not a national meltdown.

But here's my biggest concern... if we elect Romney, we will have rewarded the GOP for acting like asses. The GOP vowed to make Obama fail and blocked every attempt they could to recover this economy under that mantra. They can kiss my butt if they think I'll give them one vote for such anti-American behavior. They have become a party that I no longer recognize, much less respect. I'll vote for the other "human" party... mistakes and all. I would rather make mistakes trying to govern for the people than to be perfect at propping up corporations. Any day.

  • 2 votes
#1.74 - Thu Jun 14, 2012 7:24 AM EDT
Reply

“It will be the same stuff, the same okey-doke, but you know what they do have, is they’ll have 500 billion dollars-worth of negative ads,” Obama warned

Better than 500 Billion of our tax dollars wasted on Solydra.......what a putz this cat is

November CANNOT come soon enough!

  • 23 votes
#2 - Tue Jun 12, 2012 9:27 PM EDT

Investments don't always work out. However, you must make investments and take risks to succeed. A risk was taken and because of factors apparently beyond your comprehension, the risk failed. I applaud Obama's effort to support clean and green. Taxpayer money can indeed be used to fund innovation and invention that could benefit everyone in the long run. Its called working together as a collective to reach a goal.

Quit sniveling over lost money and start working with the rest of us to get off of big oil's nuts.

  • 20 votes
#2.1 - Tue Jun 12, 2012 9:34 PM EDT
Comment author avatarMichael1969Expand Comment Comment collapsed by the community

GCooper-4276999

Quit sniveling over lost money and start working with the rest of us to get off of big oil's nuts.

Sorry Welfare Queen - but when you pay the bills, you tend to worry about lil things like $$$

And ya wonder what's wrong with the looney libs....lol

  • 22 votes
#2.2 - Tue Jun 12, 2012 9:38 PM EDT

Michael? Investing in alternative energy is a good strategy (ask T Boone) and if I recall correctly, the Solyndra project was started under "W", but you continue to lay blame at our President's feet for a project he didn't start? Then China flooded the markets with subsidized "knock off" solar panels and put Solyndra out of business. How's your Mandarin, Michael? Because the way your Conservatives are headed, we'll soon be a subsidiary of China. They will OWN our asses, because you can't see to make investment in our future. Oh, right, I forgot....if Conservatives make a killing in profits, but the company goes bankrupt, that's OK with you.

  • 19 votes
#2.3 - Tue Jun 12, 2012 9:39 PM EDT

Welfare queen? LOL.

I work a full time job and own a company which is starting to do well in this economy thank you very much. I pay the bills, i pay my lions share of the taxes as well. 30% on my company.. 30%. I doubt your republican ass pays that much.

I'm not sure I'd consider myself a "looney lib" for looking to the future. Then again, maybe that's why you republicans are always so insistent on remaining socially stagnant. Red-necked, racist and loving the times of the past aren't ya. Raise that rebel flag Republican, raise that flag and remember the good ol days when government was smaller and failed to provide basic equality rights. Of course you corporate loving money hungry fools would like those days again.. That's why Romney wants in the office.. To cut government and help lower our standards of living even more while helping corporate America.

  • 23 votes
#2.4 - Tue Jun 12, 2012 9:44 PM EDT

JT-456250

Michael? Investing in alternative energy is a good strategy (ask T Boone) and if I recall correctly, the Solyndra project was started under "W",

What the hell are you talking about. The Bush administration had a look at Solyndra and decided that it was "Not quite ready for prime time." and pulled the plug. Then Obama can in and threw money at it.

  • 18 votes
#2.5 - Tue Jun 12, 2012 9:53 PM EDT

Remember the money for Solyndra came from the Obama stimulus bill not from Bush's energy department money. But then the lefties will blame Bush no matter what happens.

BTW, Obama did not inherit anything, he asked for it. He said he was up to the job and he could get America moving again. Obama said "trust me" and I will deliver because I can do the job. I will unite the country and I will redistribute the wealth. I will cut the deficit in half during my first term, if I don't I don't deserve a second term. Well Mr President you do not deserve a 2d term you have been unable to produce, govern, or unite the country. You are the most divisive President in our history, and the least qualified to have been elected.

  • 10 votes
#2.6 - Tue Jun 12, 2012 10:14 PM EDT

"Investments don't always work out. However, you must make investments and take risks to succeed. A risk was taken and because of factors apparently beyond your comprehension, the risk failed."

GCooper, Here's the problem with your logic, that investment was our tax money. I don't recall giving the right to spend my money on BS projects. My tax dollars are not for making investments on a private company!! Get it?

  • 12 votes
#2.7 - Tue Jun 12, 2012 10:30 PM EDT

We've been investing in alternative energy since the 1980's almost three decades now.

Don't you think we should have seen a significant Return on that investment after three decades and shouldnt have to "Invest" any more in it?

See #1.13 its called "sunk cost fallacy".

Kind of like our investment in Education.

http://www.cato.org/publications/congressional-testimony/impact-federal-involvement-americas-classrooms

Committee on Education & the Workforce
United States House of Representatives

This testimony was delivered on February 10, 2011.

Chairman Kline, members of the Committee, thank you for inviting me to speak with you today. My name is Andrew Coulson and I direct the Center for Educational Freedom at the Cato Institute, a nonprofit, non-partisan public policy research organization. My comments are my own, and do not represent any position of the Institute.

For over half a century, a succession of Congresses and presidents has sought to do two things for American elementary and secondary education: raise overall achievement, and narrow the gaps between high- and low-income students as well as between minority and white students. The federal government has spent roughly $2 trillion on these efforts since 1965, adjusting for inflation.

...

As can be seen from the chart, math scores declined slightly during the latter half of the 1950s, and this decline accelerated from 1960 to 1966, after the NDEA was passed. Scores had still not recovered to their 1955 high point three decades later.

While the up-trend between 1966 and 1983 looks promising, it was not sustained. Figure 2 charts the percent change in Math, Science, and Reading scores from the 1970s to the present, along with the percent change in real federal education spending per pupil.

...

Math and Reading scores at the end of high school are unchanged over the past forty years, while Science scores suffered a slight decline through the year 1999, the last time that test was administered. Data from another nationally representative test series show a continuing decline in 12th grade Science between 1996 and 2005, the last year for which we have trend data.

...

We spent over $151,000 per student sending the graduating class of 2009 through public schools. That is nearly three times as much as we spent on the graduating class of 1970, adjusting for inflation. Despite that massive real spending increase, overall achievement has stagnated or declined, depending on the subject.

Whats the Democrats answer?

We need to "invest" more on education. Spend, Spend, Spend.

  • 6 votes
#2.8 - Tue Jun 12, 2012 11:00 PM EDT

Paul - I like your logic, I didn't ask for my tax dollars to pay for the Iraq war and definitely not the 12 year war in Afghanistan. So who do I get to blame for that?

Oh, I also never wanted no bid contracts going to the Cheney's former company. I wonder who made a killing on the stock he still owned?

This is the issue with Republican logic. It's only bad when PRESIDENT Obama did it. If the Bush Reich did it, well that's ok, and you say stop blaming Bush. Well you sat quiet when he did crazy stuff, why are you complaining about Obama? Hypocrisy? or Racism? Oh, the race card. The only thing that Racists complain about the most is when they are called for who they are, RACISTS! Whether blatant or subtle, it's true, you hate everything that PRESIDENT Obama does.

Cuts your taxes! It wasn't enough!

Wants to raise the taxes on the wealthy! Class Warfare.

Stands up for woman's rights! Phony WAR on woman.

Doesn't say a word about guns! He's gonna take your guns away.

All employers, including religion based, but not church's, must provide a minimum level of insurance for their employees! Violation of my religious rights.

You Repug's are all the same. All I have to do is watch 10 minutes of Fox Propaganda to know what today's Repuglicon talking point is. Every "opinion" show on Fox says the same thing, WORD FOR WORD and then they claim to be FAIR AND BALANCED. Give me a break. You Tea Baggers keep drinking the Kool-aid while our country is flushed down the toilet.

First they came for the communists,
and I didn't speak out because I wasn't a communist.

Then they came for the trade unionists,
and I didn't speak out because I wasn't a trade unionist.

Then they came for the Jews,
and I didn't speak out because I wasn't a Jew.

Then they came for me
and there was no one left to speak out for me.

--Martin Niemöller was a German pastor and theologian born in Lippstadt, Germany, in 1892. Niemöller was an anti-Communist and supported Hitler's rise to power at first. But when Hitler insisted on the supremacy of the state over religion, Niemöller became disillusioned. He became the leader of a group of German clergymen opposed to Hitler. Unlike Niemöller, they gave in to the Nazis' threats. In 1937 he was arrested and eventually confined in Sachsenhausen and Dachau. His crime was "not being enthusiastic enough about the Nazi movement." Niemöller was released in 1945 by the Allies. He continued his career in Germany as a clergyman and as a leading voice of penance and reconciliation for the German people after World War II. His statement, sometimes presented as a poem, is well-known, frequently quoted, and is a popular model for describing the dangers of political apathy, as it often begins with specific and targeted fear and hatred which soon escalates out of control.

Sounds like a certain political group of today.

  • 10 votes
#2.9 - Tue Jun 12, 2012 11:16 PM EDT

Calling Republicans Repugs that just ranks of real intelligence. You must be a product of Harvard...

Why are you so hateful of those who disagree with giving the country away?

  • 9 votes
#2.10 - Tue Jun 12, 2012 11:31 PM EDT

Your logic is because the Republicans got away with it that justifies the Democrats and Obama doing it?

You are right there is alot of hypocrisy, and its on both sides.

I suppose your OK with the $535 Million dollars of taxpayers money that was lost because of "Solyndra"?

Did you forget about Obama flying around the country lecturing us on how America needs to in-source and bring jobs back to America and chastising private business? Buts its O.K. that $450 million dollars of taxpayers money went to creating jobs in China?

http://www.msnbc.msn.com/id/40565987/ns/business-going_green/t/wind-their-backs-powerful-democrats-help-chinese-energy-firm-chase-stimulus-money/#.TxjXsYHkedk

Wind at their backs: Powerful Democrats help Chinese energy firm chase stimulus money

Sen. Reid and Obama donors back company seeking $450 million in U.S. money

Top Democratic fundraisers and lobbyists with links to the White House are behind a proposed wind farm in Texas that stands to get $450 million in stimulus money, even though a Chinese company would operate the farm and its turbines would be built in China.

The farm’s backers also have close ties with Senate Majority Leader Harry Reid, D-Nev., who, at the height of his hard-fought re-election bid this fall, helped blunt congressional criticism over stimulus dollars possibly going to create jobs in China by endorsing a proposal by the Chinese company to build a factory in his home state. Although his campaign received thousands of dollars in donations from the wind farm’s backers and Reid stood on stage with them at a campaign event they hosted, his office declined to answer any questions about the wind farm’s organizers or their plans for Nevada.

I can admit that the Republicans abused their power. Can you admit the same of Democrats?

  • 5 votes
#2.11 - Tue Jun 12, 2012 11:36 PM EDT

@ David

"

Whats the Democrats answer?

We need to "invest" more on education. Spend, Spend, Spend."

Who's grand illusion was the "No child left behind" act?.. Republican or Democrat?

I wonder how much that added to the 151,000. price tag per child. Another thing, I've 4 boys in different grade levels.. I don't see anywhere near 151,000. worth of materials, education or infrastructure. Matter of fact, school lunches have gotten more expensive and smaller portioned, junk food vending machines have been installed in our schools and replaced the larger portions of lunches.

The supplies list for my 1st grader looks like something out of a pre-flight checklist for NASA. Per kid on average i spend at least 100.00 a year just in basics. The classes are more crowded and the teachers are over worked. The textbooks are out of date!@

I just don't see where the government spends 150k for 1 child through graduation. I really don't. I don't really care what a report says, I've got 4 kids in school myself.

Possibly in reduced lunches for the poor? lol..

  • 6 votes
#2.12 - Tue Jun 12, 2012 11:40 PM EDT

Who's grand illusion was the "No child left behind" act?.. Republican or Democrat?

Both ! Democrat Ted Kennedy and Republican George Bush, I believe.

  • 3 votes
#2.13 - Tue Jun 12, 2012 11:44 PM EDT

David N -- Here's a solution to the problem you present above: Make it illegal for anyone doing business with the government to donate to a politician. That's fair, right?

  • 5 votes
#2.14 - Tue Jun 12, 2012 11:51 PM EDT

lol it was proposed by none other than GW bush..

  • 5 votes
#2.15 - Tue Jun 12, 2012 11:57 PM EDT

Sounds good to me Don't carry it.

  • 1 vote
#2.16 - Wed Jun 13, 2012 12:08 AM EDT

Calm down Fiesty you are making yourself look like the same degenerates that you just put down.

    #2.17 - Wed Jun 13, 2012 12:22 AM EDT

    David Noah- Re: your 2.8 comment about subsidizing green energy and seeing no return on our investment. How do you justify the subsidies of the oil industry where they keep the subsidies and the ginormous profits they make without ever paying back the subsidies. How is that okay?

    • 5 votes
    #2.18 - Wed Jun 13, 2012 12:43 AM EDT

    I never said it was. Were did I even suggest that any subsidies are OK?

    If the Government is going to invest in anything with our money they should expect a Return on Investment for our money.

    If the government is going to invest our money in a new drug then the people should get a 5% royalty on all profits from the eventual sale of that drug.

    If the Federal Government is going to invest our money in solar panels then they should get a 5% royalty on every solar panel sold.

    This whole process of "investing" billions of dollars of taxpayers money and not getting an ROI is BS.

    Government is the only entity that manages to invest trillions of dollars of our money and lose it and call it a win.

    http://news.investors.com/article/609777/201204301847/general-motors-not-really-repaying-taxpayer-bailout.htm

    The president's new campaign video narrated by actor Tom Hanks claims GM has "repaid" its loans. But in a revelation by the special inspector general monitoring the TARP bailout program, GM and GMAC together still owe the biggest share of the remaining $119 billion TARP debt.

    Of the top bailout recipients, GM is the biggest laggard, the TARP watchdog says in his latest quarterly report to Congress. Bank of America, Citigroup, Chrysler and Chrysler Financial all have paid off their debt and left the TARP program. Even AIG has paid back more than 75% of what it owes taxpayers.

    GM, on the other hand, still owes more than half the $50 billion in federal funds it received when the combination of the recession and its costly union contracts drove it into bankruptcy. And its lending arm, GMAC (now Ally Financial), still owes $14.5 billion.

    What's worse, it's not clear that GM actually repaid what it's gotten credit for repaying. Check out this note buried in the inspector's report: "As part of a credit agreement with Treasury, $16.4 billion in TARP funds were placed in an escrow account that GM could access only with Treasury's permission."

    As it turns out, GM got Treasury's OK to "repay" more than $6.7 billion "using a portion of the escrow account that had been funded with TARP funds." So GM is merely paying the government back with government money, not money GM is earning selling cars, as the administration has claimed.

    Worse, GM in effect is still borrowing money. Consider this item from the report: "What remained in escrow was released to GM." Bottom line: Taxpayers have not been paid back and are still on the hook as GM continues to require government help. Yet Obama has hailed the GM bailout as the signature achievement of his big government programs.

    • 4 votes
    #2.19 - Wed Jun 13, 2012 1:04 AM EDT

    "GCooper, Here's the problem with your logic, that investment was our tax money. I don't recall giving the right to spend my money on BS projects."

    Here's the problem with YOUR logic, Paul: those old lunatics, by today's standards "lib loonies," that we commonly refer to as the Founding Fathers, devised a representative democracy for this country, not a direct one. If we had a direct democracy, blacks would have no civil rights (or they'd only be struggling to get them today) and gays would never achieve the same legal status as heterosexuals.

    Although, now that I think about it, perhaps if we had a direct democracy, the People could bypass the GOP-controlled House and enact measures that a majority of Americans supports but Congress leadership, puppeteered by the likes of Mr. Norquist and Mr. Koch x2, just refuses to hear us on. Higher taxes for the rich? Motion passed. Legalized marijuana? Why, yes. Gay marriage? You've got it. An end to filibusters? Right around the corner.

    • 2 votes
    #2.20 - Wed Jun 13, 2012 3:26 PM EDT

    And money spent 'til there's none left...Democratically approved !

      #2.21 - Wed Jun 13, 2012 5:08 PM EDT

      Actually, a majority of Americans, myself included, favor a commonsense approach that boosts revenues and brings down spending to maximally reduce the deficit. But nice straw man there.

      • 1 vote
      #2.22 - Wed Jun 13, 2012 8:22 PM EDT

      A risk was taken and because of factors apparently beyond your comprehension, the risk failed.

      With such a cavalier attitude toward investing snake oil salesmen must love you.

        #2.23 - Wed Jun 13, 2012 9:21 PM EDT

        Remember the money for Solyndra came from the Obama stimulus bill not from Bush's energy department money.

        The DOE's 1705 loan guarantee program was part of the Energy Policy Act of 2005. ARRA simply provided additional funding to the existing DOE program.

        I suppose your OK with the $535 Million dollars of taxpayers money that was lost because of "Solyndra"?

        Solyndra was one of 28 energy projects that received $16.1 billion in loan guarantees. Solyndra and Beacon represented roughly 3% of the DOE loan portfolio. Despite the hysteria over Solyndra, the loan gaurantee program is projected to cost $2 billion less than initially expected, according to a report from Bloomberg Government.

        Furthermore, since the DOE budgeted for a failure of 15% of the total value of the loan guarantees (Bloomberg notes that commercial banking projects set aside 2.8 percent of the value of loans). 85% of the money put aside for losses in the program remain at the Treasury.

        So far, the DOE’s Loan Guarantee Program has paid for itself with fees from applicants. The DOE was appropriated $2.47 billion in credit subsidy costs—essentially an insurance fund to cover project losses. Beyond the two current project defaults, this fund could cover total defaults of all eight of the remaining higher-risk projects and have money in reserve.

        Everything isn't about return on investment, and the government should not be run as a for-profit business. Power generation projects, like other infrastructure projects, have long-term economic benefits, but more importantly are a benefit to society.

        • 1 vote
        #2.24 - Thu Jun 14, 2012 8:23 AM EDT
        Reply

        Obama needs some other attacks other than using GW, I just love the fear factor once again we need barry to take care of us!

        • 4 votes
        #3 - Tue Jun 12, 2012 9:30 PM EDT

        You can't invent things as rich as the problems he inherited from GW. Why make stuff up? The truth is right there in front of him, i say use it.

        I would trust Obama to lead us another 4 years into the future even if he doesn't meet everyone's demands of excellence. Flip Flop Corporate loving Romney will take this country to the brink of war and abandon all the people who keep America going. Consider this: While a President may never do enough for his people, that same President can certainly make 1 bad decision which will do too much TO his people. I choose slow and steady vs. reckless Romney.

        OBAMA/BIDEN 2012

        • 22 votes
        #3.1 - Tue Jun 12, 2012 9:39 PM EDT

        "“running up the tab and trying to pass off the bill to me.”"

        3 years after shouting he owned the economy and "give it to me!!!"... and Obama is still saying it's not his. Not an ounce of leadership in sight.

        P.S.

        Perhaps Obama should look at his own "tab" sometime, a $1.5 trillion deficit every year makes Bush look like a tightwad.

        • 8 votes
        #3.2 - Tue Jun 12, 2012 9:41 PM EDT

        GCooper-4276999

        You can't invent things as rich as the problems he inherited from GW

        Inherited?????? Didn't Obummer fight & campaign for that job for over two years as a junior senator?

        Inherited is something your old man leaves ya when he kicks the bucket!

        • 10 votes
        #3.3 - Tue Jun 12, 2012 9:46 PM EDT

        1.5 trillion a year to make sure your workers rights are enforced, you have streets to drive on, your gasoline prices don't exceed 4.50 a gallon, your electric bill doesnt skyrocket due to subsidies to energy companies.

        1.5 trillion a year to pay soldiers wages who were sent away under GW, to pay the wages for federal employees, to pay the retirements of all your lovely federal employees. 1.5 trillion a year to maintain the current military's spending on programs started half a dozen years ago, to make sure our government does not just shut down.

        Did you know that Obama has indeed had an increase in spending. Its been 1.4%. Did you know every other President dating back to Carter and Nixon increased spending in their years greater than 6% minimum?

        Even Ronnie Ray-gun the "Star Wars" fanatic spent 10% more during his tenure than his predecessor.

        • 20 votes
        #3.4 - Tue Jun 12, 2012 9:50 PM EDT

        Did you know that Obama has indeed had an increase in spending. Its been 1.4%.

        Do you know in order to get to that 1.4% increase to claim as his record, he isn't counting all of or any of the money spent in 2009?

        • 1 vote
        #3.5 - Tue Jun 12, 2012 9:55 PM EDT

        how many years do you want to count in an ANNUAL budget?

        • 16 votes
        #3.6 - Tue Jun 12, 2012 9:57 PM EDT

        GCooper - He's touting a (fictional) record of fiscal responsibility and low spending. He's not counting any of the stimulus and other money spent in 2009. Look it up.

        • 2 votes
        #3.7 - Tue Jun 12, 2012 10:06 PM EDT

        Why should he? Those programs were only a continuation from the prior President? As are half the bills he has to pay currently. in a single year was he or was he not in @ 1.4% increase? I'm not trying to argue but you must consider all the angles as to what was paid in FY2009 and where it originated from.

        Just because any single President takes office in January does not mean the previous President bills just disappear and can cease to be paid.

        • 15 votes
        #3.8 - Tue Jun 12, 2012 10:10 PM EDT

        Once the President is in office, he is in control. Much of whatever was in the previous administration's last budget I think was pretty much blown away by the economic melt down.

        Okay, then to be fair, I suppose, let's say he can back out the "budget items" that were actually spent. But he has to include his policies and the spending that went with them --- namely the stimulus - which is he is not currently counting. Since he's not counting it, his numbers are skewed and his claim in disingenuous.

        • 2 votes
        #3.9 - Tue Jun 12, 2012 10:25 PM EDT

        Ok, we'll argue the stimulus as missing from the report.

        1. The stimulus was a 1 shot short term infusion, not continuous. It will only be counted once and directly following the year it was paid out in. Which would be 2009 if i recall correctly.

        2. Once the budget has been signed and sent away the President cannot issue a call to the bank and say "cancel funds on this check i don't agree with the person who spent it". Its spent... like the policy or not its gone and has to be paid, remember the President submits to the legislature that creates a bill to pay these bills. Its law.

        3. Even if we counted the stimulus every year as an annual reoccurring cost there is no way in hell that he can spend 15 trillion on his own. Hes only been in office for 3 and a half years, so 800 Billion x 3 is 2.4 Trillion?... What other huge big name programs has he instituted that would account for the other 12.6 Trillion of our debt? lol. That is calculated that he spent 800 billion every year on stimulus! which we both know he has not.

        What i'm saying is his tenure as President has really been one of the cheapest. He has been stuck paying bills left over from previous Presidents. Hell, the 2 wars we were in were never even put on the accounting books until 2009 when GW left office! Where was that money going to come from? Where did the money for soldier wages and benefits, armor for Humvees and a thousand other things needed for war come from?

        • 16 votes
        #3.11 - Tue Jun 12, 2012 10:37 PM EDT

        bill bob - Okay. Then the Stimulus packages and any 2009 expenditures outside of the Bush budget, belong to President Obama and therefore should be counted. And authorizations that were not executed and therefore didn't contribute to total spending shouldn't be counted, right?

        He is leaving off a whole year. He's making up numbers. Maybe he's being misled. The government is not known for accurate accounting.

        • 2 votes
        #3.12 - Tue Jun 12, 2012 10:41 PM EDT

        Someone help me out here lol.

        I'll try to post a link:

        http://mediamatters.org/research/201205240001

        • 9 votes
        #3.13 - Tue Jun 12, 2012 10:45 PM EDT

        GCooper. When the President took over our total debt was $10.6 trillion. Today, nearly four years later, our debt is over $15 trillion. I'm sorry. Something went terribly wrong, and I think the President's claim of being fiscally responsible is unbelievable.

        True, all Presidents are stuck paying the bills and cleaning up the messes of the prior President. Some succeed in doing so. Some don't. President Obama hasn't been able to do a good job. Time to move on.

        • 6 votes
        #3.14 - Tue Jun 12, 2012 10:50 PM EDT

        Candice, they are calling you at FOX Noise.

        • 15 votes
        #3.15 - Tue Jun 12, 2012 10:54 PM EDT

        I respect your opinion.

        Just consider: When the economy tanked we lost millions of taxpayers from the workforce. Key word is taxpayers. Not only did we lose taxpaying employees, we lost companies which provided oodles of taxes back to local, state and federal governments. Reflect on what i'm saying and play it out.

        The year is 2008, we hit the depths of the recession. We have bills in place for spending, we have 2 wars waging, we have a declining dollar and we're losing taxpayers from the economy and a savage pace. That simple loss of workers who paid taxes from the workforce, and the resulting hemorrhage of jobs created almost 4 trillion dollars of lost revenue to the Government who was counting on that money to pay bills it already wrote.

        Obama's legislation including the stimulus and healthcare will ultimately cost 983 billion. This figure includes the mandatory spending cuts that would save money. Also consider the amount this President would spend would have been 620 billion dollars less if he let Bush era tax cuts expire, instead they were extended for 2 years.

        • 11 votes
        #3.17 - Tue Jun 12, 2012 11:03 PM EDT

        GCooper -

        And I respect your opinion too.

        That when the economy tanked and we lost millions of taxpayers is exactly right and true. I understand that the government can't be run like a business or even like a household. And that's kind of a problem. The Government consistently lives beyond it's means - whether it's due to unexpected wars, emergency measures like bail outs and stimulus plans or simply business as usual in Washington. When revenues disappear, there should be measures in place to stop non-essential spending. Maybe that's unrealistic. But you and I do that when rough times hit, right?

        Look, I wouldn't have a problem with government spending if it was done responsibly and with some respect for the taxpayers. Too much is wasted, lost, spent recklessly.

        I also have an issue with any politician claiming they are being fiscally responsible. They aren't. They spend money we don't have and don't feel bad about it. If they were truly fiscally responsible we would not be dealing with $15 trillion in debt and no solution in sight. If they say they are good stewards of the people's money, they are trying to fool you. They are. All of them. Both sides.

        • 4 votes
        #3.18 - Tue Jun 12, 2012 11:35 PM EDT

        Amen sister :D

        • 2 votes
        #3.19 - Tue Jun 12, 2012 11:44 PM EDT

        While you want to blame both sides. Clinton raised taxes and gave us a good economy despite all the complaining by republicans that taxes kill jobs.

        Then Cheney pretended their was a recession as an excuse to give tax cuts and the republicans turned around our economy and any hopes of paying off our entire debt by 2010.

        Then the republicans against any responsible thinking and for the first time in our history decided that giving even more tax cuts to the richest during war time and instead borrowing money from China and building a huge deficit was good for our country.

        Then the minute President Obama was elected it suddenly became all his fault just for being elected.

        A vote for a republican for anything is a vote for war. The chicken hawk republicans like Romney think nothing of sending others out to die for them as the republicans rig elections with voter purging and voter suppression like in a dictatorship so the election gets the desired result without any real democracy.

        The republicans have made it real clear that only the 1% matters. Think with your brain for a minute and remember how bush left our country and how Romney's best plan is to bring back bush policies and pretend like they worked the last time.

        Republicans like for you to believe that the Romney policies are not the same one we are currently trying to recover from.

        • 10 votes
        #3.21 - Wed Jun 13, 2012 1:07 AM EDT

        The 2009 Bush budget was proposed but IT NEVER PASSED.

        Instead, the Democrats, with large majorities in the House and Senate, passed a continuing resolution to fund the government until March 6 2009.

        They wanted to wait until Obama was inaugurated and then do a budget all together, with control of all three branches.

        Still waiting, lol. And the budget CANNOT be filibustered, so there is no excuse.

        The article the Fake Liberals are citing didn't even pass a factcheck by their own editors, and an explanation was published the next day explaining this. It was published in Marketwatch.

        Here is the link to the 2009 continuing resolution, passed instead of the Bush 2009 budget.

        Obama and the Democrats own the spending for 2009. ALL OF IT. As a matter of fact, Obama begged Bush to release the rest of the TARP money for him to spend.....and Bush did.

        http://www.opencongress.org/wiki/Consolidated_Security,_Disaster_Assistance,_and_Continuing_Appropriations_Act_of_2008

        • 1 vote
        #3.22 - Wed Jun 13, 2012 7:20 AM EDT

        If what this country needed to turn itself around was a steady dose of blame and excuses, Obama would have had this economy soaring in his first month in office. In 2008 Obama ran his campaign on what he would fix. Obama gave timelines, he came into office with the Democrats in control of both Houses, and he passed what he said was needed to fix the economy. Obama has failed, and his policies have failed. Funny that Obama claims we would be returning to the failed policies of the past by electing Romney, when re-electing him means staying with the failed policies of the present.

        Only the Obama faithful still believe in him, the rest of the nation is tired of the excuses and tired of the blame. There comes a point in time where people stop believing that everything wrong is still Bush's fault, as it seems all Obama has done for 3.5 years is cry wolf. Confidence in Obama is deteriorating by the day, and with only blame and excuses to offer the erosion is not about to end. If Obama had a record to run on, he would. Non-stop blame and endless excuses have solved nothing.

        • 3 votes
        #3.23 - Wed Jun 13, 2012 8:46 AM EDT

        Candice-

        GCooper. When the President took over our total debt was $10.6 trillion. Today, nearly four years later, our debt is over $15 trillion. I'm sorry. Something went terribly wrong, and I think the President's claim of being fiscally responsible is unbelievable.

        Actually, Obama's spending policies account for only about half of the 2009 budget, if I were to count the second half of TARP and assume that he spent $250 billion of the stimulus. That would mean, technically, that the debt was roughly $11.2 trillion when his fiscal policies took effect. That reduces his total debt to around $4.5 trillion over 3.5 years, and even that is hurt by the fact that he only continued spending policies of the previous administration. His actual spending policies have added around $1.3 trillion, if you include the second half of TARP, the stimulus, and assuming that the surge in Afghanistan cost about $150 billion. If you wanted to add the Bush tax cuts (which he would have left only for the middle class) that only makes it about $2.64 trillion, a paltry 25% increase in the debt. Not to mention the costs of the recession...

        True, all Presidents are stuck paying the bills and cleaning up the messes of the prior President. Some succeed in doing so. Some don't. President Obama hasn't been able to do a good job. Time to move on.

        You can't pay for a mess during a recession by cutting spending; FDR did that in 1937 and we got stuck in a recession.

        When revenues disappear, there should be measures in place to stop non-essential spending. Maybe that's unrealistic. But you and I do that when rough times hit, right?

        Look, I wouldn't have a problem with government spending if it was done responsibly and with some respect for the taxpayers. Too much is wasted, lost, spent recklessly.

        Well, maybe we should cut waste. But when revenues disappear and recessions bubble up, most of the extra spending is necessary, as it goes to social programs like food stamps and unemployment benefits that keep the economy somewhat afloat. I don't like waste either, but I personally don't think we need to focus on it right now. Now is the time to focus on the economy, not the budget.

        OBAMA BIDEN 2012

        • 3 votes
        #3.24 - Wed Jun 13, 2012 8:06 PM EDT

        That simple loss of workers who paid taxes from the workforce, and the resulting hemorrhage of jobs created almost 4 trillion dollars of lost revenue to the Government who was counting on that money to pay bills it already wrote.

        So the government wrote "rubber checks" under obamas administration and it was bush's fault?

        Obama has gone into the hole $5 Trillion dollars in the last three years. Averaging that out, it comes to $1.67 Triilion/yr. Considering that he declared the recession over in June 2009, and subtracting out a year of "Bush's" impact on his debt, he still went $3.34 Trillion into debt while recovering. I don't care much or his concept of spending his way out of debt. It doesn't work on a personal scale and it certainly doesn't work on a gigantic scale.

          #3.25 - Wed Jun 13, 2012 9:42 PM EDT

          Ah, I love these simplistic people who think that macroeconomics works the same way as microeconomics.

          The fact is, when the economy is doing badly is exactly the RIGHT time to run a deficit, and exactly the WRONG time for austerity. You pay off your debts when you actually, you know, have money coming in.

          • 2 votes
          #3.26 - Thu Jun 14, 2012 3:44 PM EDT
          Reply
          Comment author avatarJerry40yeardemocratExpand Comment Comment collapsed by the community

          New Poll. Odumbo now down in North Carolina. Just anothet domino a fallin'. Choke on it Libtards.

          Buh Bye Obama/Biden 2012

          • 7 votes
          Reply#4 - Tue Jun 12, 2012 9:49 PM EDT

          Obama still leads on OH, MI, WI, VA, CO, NV...that puts him at 300 electoral votes...

          Romney needs to win 3 of those states to win, and well give him FL, and NC...

          Good luck with the war on minorities, women, and old people...see how that turns out for teabaggers.

          • 12 votes
          #4.1 - Tue Jun 12, 2012 10:04 PM EDT

          Better than hope and change worked out for you Libtards.

          Get a job.

          • 4 votes
          #4.2 - Tue Jun 12, 2012 10:12 PM EDT

          I love the whole "get a job" speech touted by the teabaggers.

          Let me ask you this, did you get a stimulus check? If yes did you spend it? why not send it back to the IRS. If not are you mad because you didn't? lol.

          All i ever hear from teabaggers is how the stimulus failed and cost too much money. Everyone i know who get a stimulus check spent it on bills, car/house/loan payments etc. I'm pretty sure that money maintained a lot of peoples jobs. If that amount of money was not in circulation as stimulus no one would have a job except politicians and bankers.

          • 8 votes
          #4.3 - Tue Jun 12, 2012 10:19 PM EDT

          You wouldn't know about stimulus checks. You had to have paid taxes to get one.

          • 5 votes
          #4.4 - Tue Jun 12, 2012 10:28 PM EDT

          Of which i pay my share trust me.

          What you ARE saying is that you indeed recieved a check, cashed it and spent the money. Now you're complaining because you realized it was only a loan to you. That through taxes you have to pay it back over the course of your life. You sir are confused and in a state of mental denial.

          • 8 votes
          #4.5 - Tue Jun 12, 2012 10:41 PM EDT

          Trust a Libtard? That would be almost as stupid as trusting your leader.

          Anyway, no I didn't get one. Wasn't loser enough to qualify.

          • 4 votes
          #4.6 - Tue Jun 12, 2012 10:45 PM EDT

          Actually, if you didn't qualify it's because you are a loser, God, it must really suck to be you Jerry.

          • 2 votes
          #4.7 - Wed Jun 13, 2012 3:17 PM EDT
          Reply

          All Obama promised was shovel ready jobs...and thats still a big laught ...wake up people we dont need all his promises again.

          • 5 votes
          Reply#5 - Tue Jun 12, 2012 9:49 PM EDT

          And republicans promised tax cuts create jobs, the stimulus was 40% tax cuts, where are the jobs?

          Republicans also ran on Jobs in 2010, so where are the jobs republicans?

          • 17 votes
          #5.1 - Tue Jun 12, 2012 10:05 PM EDT

          There's at least 14 jobs bills that were passed in the House --- now sitting in a drawer in the Senate. One of the most recent bills was mostly full of the President's ideas that the Republicans agreed with. Passing a few of those bills to create a few jobs would be a start.

          • 5 votes
          #5.2 - Tue Jun 12, 2012 10:19 PM EDT

          Lol god forbid we raise taxes. Norquist would have Republicans hung from the national monument for even trying.

          Joe -

          There is/was a package that would put Americans back to work in America fixing American roads/bridges and various other infrastructure problems. Why did your political party not pass that bill? We're both waiting on your party to finalize those shovel ready jobs. Obama has submitted a package that targeted them, just waiting on the Republicans.

          • 15 votes
          #5.3 - Tue Jun 12, 2012 10:23 PM EDT

          We the corporations? who wrote:

          Good luck with the war on minorities, women, and old people...see how that turns out for teabaggers.

          Since I fall under 2 of three (minorities, women) and I'm voting for Romney it throws your logic off. Yes, I'm an Independent not a teabagger.

          • 5 votes
          #5.4 - Tue Jun 12, 2012 10:29 PM EDT

          @ Concern Citizen:

          You poor thing.. When Romney leaves you flat on your ass in 2016/2017 come see me for help. My hardworking Democratic ass will help you with everything I can share.

          Obama/Biden 2012

          • 14 votes
          #5.5 - Tue Jun 12, 2012 11:21 PM EDT

          Are you RWNJ's crazy, incoherent, or just plain stupid?

          the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

          FACT.

          Plain and simple...

          Do you really believe we will let you do it again?

          Hard to believe you would want to allow them to do it again since most of you are not in the "1%" who benefits most.....

          (sadly shaking head...)

          incredible!!!!

          • 7 votes
          #5.6 - Wed Jun 13, 2012 8:30 AM EDT

          Obama has submitted a package that targeted them, just waiting on the Republicans.

          The jobs package won't get anywhere without a budget. And the senate has been sitting on the budget for the past three years under harry reid (D-Nev). So how is it that the repubs are holding up the show when harry won't even bring up the budget?

            #5.7 - Wed Jun 13, 2012 9:49 PM EDT
            Reply

            Americans will come around in November.

            - They will remember that the USA was loosing 700,000 jobs per month before President Obama took office (and now we are gaining jobs every month)

            - They will want us to put construction workers to the task of rebuilding our infrastructure.

            - They will remember who took out Bin Laden.

            - They will realize that the Health Insurance companies admit that "Obama-Care" contains the best ideas going forward (by the way; some of those ideas were introduced by Republicans; and that shows our President's pragmatism).

            - They will remember who gambled honest people's 401Ks away on Wall Street (and it wasn't teachers and firefighters).

            - They will realize who is looking FORWARD

            Obama / Biden 2012

            • 23 votes
            Reply#6 - Tue Jun 12, 2012 9:51 PM EDT

            shallowred

            Americans will come around in November.

            - They will remember who gambled honest people's 401Ks away on Wall Street (and it wasn't teachers and firefighters).

            - They will realize who is looking FORWARD

            aND IF THEY BOTHER TO LOOK Back AT WHO MADE THE MOST MONEY FROM THAT FIASCO THEY WILL BE ANGRY FOR WHAT THE DEMOCRATS OF THE 90S DID AND THEY WILL BE ANGRY WITH YOU FOR LYING TO THEM.

            • 6 votes
            #6.1 - Tue Jun 12, 2012 10:00 PM EDT

            aND IF THEY BOTHER TO LOOK Back AT WHO MADE THE MOST MONEY FROM THAT FIASCO THEY WILL BE ANGRY FOR WHAT THE DEMOCRATS OF THE 90S DID AND THEY WILL BE ANGRY WITH YOU FOR LYING TO THEM.

            Poor teabagger, short term memory loss must be difficult. Its 2012 and Bush was president for 8 years between "the 90's" and now.

            1. 27 Straight months with private sector job growth
            2. 60% increase in the DOW
            3. GM saved and #1 again
            4. Osama Dead
            5. Smaller government by 600,000 public employees
            6. Healthcare reform passed and based on both a republican plan (Romneycare) but a republican platform, personal responsibility.

            You guys are starting to look silly for fighting your own ideas

            • 19 votes
            #6.2 - Tue Jun 12, 2012 10:10 PM EDT
            Comment author avatarJerry40yeardemocratExpand Comment Comment collapsed by the community

            Did you hear about the Libtard who tried to get a payday loan on his welfare check. He offered to use his food stamp card as added collateral.

            Odumbo could only be a viable candidate for those who want to suck off the rest of us.

            Maybe he will take care of his base on his dime after we kick his a$$ to the curb? Ya think?

            Buh Bye Obama/Biden 2012

            • 6 votes
            #6.3 - Tue Jun 12, 2012 10:17 PM EDT

            So a liberal, conservative and moderate walks into a bar. the bartender says "Hi Mitt!"

            • 10 votes
            #6.4 - Tue Jun 12, 2012 10:35 PM EDT

            The next time you even look like you are thinking about calling the republicans obstructionists I am going to remind you of this post here you say that Bush had eight years. The democrats took control in 2007 and still have control of the Senate and the executive branch. That is 5 now going on 6 years. Now unemployment is going back up and the Dow is still going up and down like a yo-yo.

            AS LONG AS YOU MENTAL MIDGETS CONTINUE TO BLAME BUSH I WILL CONTINUE TO PROVE YOU TO BE THE LIARS YOU ARE.

            • 4 votes
            #6.5 - Tue Jun 12, 2012 10:51 PM EDT

            Rick-312779 -- The majority the Dems had in 2007 was very narrow and therefore meaningless. The Dems only had a filibuster-proof super majority from the time Al Franken was sworn in until Ted Kennedy passed away. Count up the months.

            To spin this in such a way as to excuse the useless Party of No is the LIE. Republicans/Tea Party ran on promises to create jobs before the 2010 election. Since 2010, the GOP/TP have had an historic majority in the House, and about even split in the Senate, along with control of many states and a right-leaning SCOTUS.

            Where are the gawddamn jobs that they promised? All the GOP/TP have done is block efforts to create jobs, most notably the Jobs Act, and to make drastic cuts in jobs in the public sector. The Jobs Act would have reduced the unemployment rate by a point, and the public sector jobs would reduce the unemployment rate another point.

            Making threats against other members only shows that YOU are a mental midget and arsehole to boot.

            • 15 votes
            #6.6 - Tue Jun 12, 2012 11:07 PM EDT

            AS LONG AS YOU MENTAL MIDGETS CONTINUE TO BLAME BUSH I WILL CONTINUE TO PROVE YOU TO BE THE LIARS YOU ARE.

            Wait, so we are mental midgets for remembering that Bush WAS actually president, so what are you for pretending he NEVER Was???

            • 7 votes
            #6.7 - Tue Jun 12, 2012 11:54 PM EDT

            Hey Rick: The liars are the GOP. You have nothing to stand on except deceit an lies from the Faux network. I bet you think Obama is responsible for the debt he incurred when he took office.

            Tell me that the Cheney/Bush administration was a boom for this country. Tell me that a return to the same GOP politics will be another boom. Frankly you can't.

            Obama/Biden 2012 Clinton/? 2016

            • 12 votes
            #6.8 - Wed Jun 13, 2012 3:36 AM EDT

            Rick, you are so full of right wing limbaugh/fox B.S. that you are not only silly but also sad:

            http:/ /www.dailykos.com/story/2012/06/08/1098434/-Eric-Cantor-Paul-Ryan-Kevin-McCarthy-Plot-To-Sabotage-US-Economy-with-Frank-Luntz

            Republican/Tea planned to sabotage the U.S. Economy back in 2009 and THAT is the reason for their admitted obstructionism and for McConnell's famous statement that instead of being in the Senate to legislate and lead this nation, he considered his primary reason for being there was to "insure Obama is a one term President."

            How ignorant, sedititious and harmful to America is THAT?

            Then in view of the facts YOU chime in with:

            Rick-312779

            The next time you even look like you are thinking about calling the republicans obstructionists I am going to remind you of this post here you say that Bush had eight years.

            Are YOU one of the treasonous nut jobs like Cantor, Ryan & Luntz? Do YOU want to hurt America too?

            EIGHT YEARS TO BREAK IT, EIGHT YEARS TO FIX IT... SO stop the assinine teapublican rhetoric.

            As our President pointed out (but you GOP-TEA idiots want to forget and feign your short term memory problem)

            The last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

            I posted this before, and I post it again now because regardless of your poutrage, the undeniable TRUTH is that IT IS DUMBYA'S FAULT!

            Get it?

            • 3 votes
            #6.9 - Wed Jun 13, 2012 3:56 PM EDT

            Osama Dead

            And that had such a significant impact on our economy. <sarc>

            That's like saying Hussein is a feather in bush's hat.

              #6.10 - Wed Jun 13, 2012 9:54 PM EDT
              Reply

              Come on debates...

              • 3 votes
              Reply#7 - Tue Jun 12, 2012 9:51 PM EDT

              Oh yeah, can't wait to see Romney wither when asked real questions and faced with real responses from Obama...it will be awesome.

              • 16 votes
              #7.1 - Tue Jun 12, 2012 10:11 PM EDT

              All Romney has to do is tell the truth. Odumbo has already done the rest. People are on to his lies and incompetence. Actually, Romney should just stand up there and laugh at him. That would get the whole country laughing.

              • 7 votes
              #7.2 - Tue Jun 12, 2012 10:24 PM EDT

              Your obsession with Romney and hit nuts is borderline freakish.

              Romney's "truth" changes with his location and clothing. Seriously you can't think he can even remember what the "truth" is anymore?

              • 12 votes
              #7.3 - Tue Jun 12, 2012 10:28 PM EDT

              And Odumbo's lies are much more consistant. Good for the POS.

              • 2 votes
              #7.4 - Tue Jun 12, 2012 10:35 PM EDT

              We the corporations?

              Oh yeah, can't wait to see Romney wither when asked real questions and faced with real responses from Obama...it will be awesome.

              Somehow I don't think "It's Bush's fault" is going to fly as a response during the debates.

              • 2 votes
              #7.5 - Tue Jun 12, 2012 10:53 PM EDT

              Obama will crumble like a cookie without his teleprompter and Axelrod holding his hand.

              Obama without a teleprompter......ahhhh ... errr.....ummm...I meant to say...ahhh ummm...uhhh..errrrr.....and oh yeah....errr....ummm.....ahhhh..yeah that's right....I was against before I was for it and now I'm against it again.

              • 4 votes
              #7.6 - Tue Jun 12, 2012 11:11 PM EDT

              That sounds suspiciously like G.W.Bush. Are you sure you're qualified to vote in the next election?

              • 9 votes
              #7.7 - Tue Jun 12, 2012 11:22 PM EDT

              Should be great Obama will not have a teleprompter....

              • 4 votes
              #7.8 - Tue Jun 12, 2012 11:38 PM EDT

              All Romney has to do is tell the truth.

              Is this possible?

              • 3 votes
              #7.9 - Wed Jun 13, 2012 12:59 PM EDT
              Reply

              Wow. There are too many bizarre statements in those speeches.

              “running up the tab and trying to pass off the bill to me.”

              Boo hoo. Baked in the cake structural deficits. The President talks as if 435 seats in the House and 100 seats in the Senate have always been held by Republicans. Just once, I'd like to see someone acknowledge there were Democrats as well as Republicans who made up the laws, that regulated the banking industry, that looked the other way while the market collapsed.

              It doesn't matter. He's back to blaming Bush.

              Why would we elect him to serve another four years if he is so easily steamrolled by the other side? If he's incapable of leading to a positive result?

              And isn't it a bit hypocritical to talk about "passing the bill off?" How many trillion of dollars has been wasted by his administration? It will take generations to pay off the debt we've accumulated under his policies. Good grief.

              • 8 votes
              Reply#8 - Tue Jun 12, 2012 9:52 PM EDT

              he reached out specifically to demographic groups he needs to do well with, including women.

              Does that mean he is "pandering" to women?

              “For the women who are here, a lot of you know that historically we haven’t had as many women in math and science and engineering fields."

              He always seems to remind women how inferior they've been.

              He is very good at placing groups in separate cubby holes, ignoring individuality, pitting one group against the other. Why he thinks this makes him likeable, I don't know.

              • 7 votes
              Reply#9 - Tue Jun 12, 2012 10:01 PM EDT

              Ahhh, the great uniter speaks again. Telling us the right is going to say the same old things.......then he blames Bush.....again, same old bs. How you Libbernuts can still support this guy is beyond belief.

              ABO 2012

              • 8 votes
              Reply#10 - Tue Jun 12, 2012 10:02 PM EDT

              {“It will be the same stuff, the same okey-doke, but you know what they do have, is they’ll have 500 billion dollars-worth of negative ads,” Obama warned the crowd of 500 in a cavernous foyer at the Franklin Institute here.

              Before his three events with Philadelphia supporters, who paid between $250 and $40,000 to hear him speak, the president dropped by another section of the Franklin Institute where a group of 130 high school seniors were celebrating their graduation.}

              Crowd of 500? I could stand on the corner and yell F*ck Obama and more than 500 would show up and cheer. Then he has to crash a high school graduation to try to find anyone to watch the lying turd bombs fall out of his mouth. Notice I didn't say listen, just watch. What a loser this POS is. And the crap about Ben Franklin being a friend? No founding father would p!ss on him if he was on fire.

              Voting for Odumbo twice is stupid squared. Geometrically stupid. Welfare stupid.

              Jimmy Carter now comes in black.

              • 8 votes
              Reply#11 - Tue Jun 12, 2012 10:08 PM EDT

              Obama is so pitiful right now. It seems like he's always grasping for straws or blaming Bush for the continued failure of his own economic policies.

              This dude needs to the the @!$%# up and out of here.

              • 11 votes
              Reply#12 - Tue Jun 12, 2012 10:09 PM EDT

              "This dude needs to the the @!$%# up and out of here."

              "This dude needs to kick some Republican ass and get them out of here"

              Fixed.

              • 10 votes
              #12.1 - Tue Jun 12, 2012 10:25 PM EDT

              4 likes to your 1 = We win.

              • 3 votes
              #12.2 - Tue Jun 12, 2012 10:54 PM EDT

              Four shills to one honest opinion, this comment section loses.

                #12.3 - Wed Jun 13, 2012 1:41 PM EDT
                Reply

                He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

                1. There never was a budget surplus. It was a projected surplus that never materialized.

                2. The Prescription Drug Plan wound up costing less than projected. You'd think he'd want to help seniors with the ridiculous cost of medicine --- being compassionate and all.

                3. War spending - he touts himself as supporting the troops, yet he would prefer to have sent them on missions without adequate funding?

                4. He mentions those "high earners" again - like the people that can afford "between $250 and $40,000 to hear him speak." ???

                Sounds like his same old stuff -- his same ole oke dokey to me.

                The last time Republicans controlled the White House and Congress, we had a pretty good economy and around 5% unemployment.

                • 7 votes
                Reply#13 - Tue Jun 12, 2012 10:15 PM EDT

                Candice-

                He added that the last time Republicans controlled the White House and Congress, they turned a budget surplus into a deficit through war spending, tax cuts for high-income earners and a new, unpaid-for prescription drug plan.

                1. There never was a budget surplus. It was a projected surplus that never materialized.

                Actually there was. In 2000, there was a $236.2 billion surplus, and $86.4 billion was a real surplus, not just an addition from the SS surplus.

                2. The Prescription Drug Plan wound up costing less than projected. You'd think he'd want to help seniors with the ridiculous cost of medicine --- being compassionate and all.

                Well, he could have helped them in a better way with, I don't know, paying for the bloody healthcare bill. At least Obama paid for his healthcare bill; it evens reduces the deficit by $200 billion.

                3. War spending - he touts himself as supporting the troops, yet he would prefer to have sent them on missions without adequate funding?

                No, he gave them the funding, but he also bungled the management and paid them and for their equipment (along with his private contractors) with borrowed money. Not to mention that he wasted 4,500 lives in a pointless war in a country (Iraq) that had nothing to do with either 9/11 or al-Qaeda. Thanks to this war, we now gave the Iranians a chance at getting a more stable ally in Baghdad.

                4. He mentions those "high earners" again - like the people that can afford "between $250 and $40,000 to hear him speak." ???

                This has been a practice for decades; candidates raise big bucks from big donors to augment campaign fundraising. Even Bush himself did it; as did Romney.

                Sounds like his same old stuff -- his same ole oke dokey to me.

                The last time Republicans controlled the White House and Congress, we had a pretty good economy and around 5% unemployment.

                Actually, last time Republicans controlled the White House and Congress, we had a slow economy (along with under Clinton), along with deficits, increasing debt, two unnecessary wars going on, and a massive takeover of Washington by moneyed interests. Not a very good picture.

                OBAMA BIDEN 2012

                • 1 vote
                #13.1 - Fri Jun 15, 2012 12:34 AM EDT
                Reply

                This is the last hail mary for the GOP and they know it. That is why every dirty trick in the book will be and has been employed. From parsing electoral rolls in Florida to the "Citizens United" supreme court decision.

                They know this Blitzkrieg for control and advantage is crucial because one more term with a Democrat will probably turf them out in the wilderness for ever.

                The demographics are really going against them which is why there is this frantic re-districting going on all across the nation by GOP held gubernatorial districts. They also know that their brand of politics for the aging population that votes for them is waning and that only obfuscation and obstruction in all legislative branches plus BIG money from corporate interests was going to be the only answer to win this election.

                They are great at finding a way to win elections, but they cannot govern. They are good at controlling the country for their corporate masters however.

                What you are witnessing now is controlled PANIC.

                This is their last go around. If they lose this election its curtains for the brand.

                • 13 votes
                Reply#14 - Tue Jun 12, 2012 10:32 PM EDT

                YAWN............................ What an idiot. Odumbo's base.

                Problem for Odumbo: not enough idiots to win.

                • 4 votes
                #14.1 - Tue Jun 12, 2012 10:39 PM EDT
                Reply

                Obama has destroyed his credibility! There is no longer anything he says that will be believed by the people. Joe Wilson was so correct!

                • 3 votes
                Reply#15 - Tue Jun 12, 2012 10:35 PM EDT

                The war on minorities, women and the middleclass ends this year. Out with the Teatards and in with someone who isn't a traitor to our country and will work for the betterment of the USA.

                • 11 votes
                Reply#16 - Tue Jun 12, 2012 10:37 PM EDT

                Obama's record has been failure after failure. Now he and his compliant media are making up facts. The economy is good, unemployment is down, government spending and the deficit are down, really? I guess I just imagined spending $4/gallon for gas...

                • 4 votes
                Reply#17 - Tue Jun 12, 2012 10:38 PM EDT

                As opposed to everyone else on the planet who spends $8.00 plus per liter?

                How does one "make up facts" ? Either they are a researchable and verifiable fact, or they are a lie.

                • 5 votes
                #17.1 - Tue Jun 12, 2012 10:53 PM EDT

                Just because everyone else is paying $8/liter doesn't mean americans should. We choose to pay too much. We have a choice, others may not. The leftists in the US does make up facts. Bush lied about Iraq, Cheney and the Koch brothers control oil prices, the economy is better, etc. And yes, they even make up research..

                • 2 votes
                #17.2 - Tue Jun 12, 2012 11:09 PM EDT

                Soros funds progressive cause at a 400 million dollar rate a year. Compared to Koch 10 million dollar funding your attack is stupid at best.

                • 3 votes
                #17.3 - Tue Jun 12, 2012 11:40 PM EDT

                Aunt Anna -- Like your GOPee Wee Herman "I know your are, but what am I?" post illustrates what?

                • 1 vote
                #17.4 - Wed Jun 13, 2012 12:03 AM EDT
                Reply

                Repukes and Teabillies can beat your chests all you want but come Nov. when the rubber meets the road all you've got is a lying Mormon corporate raider whose only concern is serving the interests of the rich and big corporations. The smart money's on Obama by a mile.

                • 7 votes
                Reply#18 - Tue Jun 12, 2012 10:57 PM EDT

                It seems that Obama is always on a fund raiser. What 6 this
                week 5 last week. No wonder he has no idea what’s going on in this country. Let
                see when he took over wasn`t the unemployment rate 6 ½ percent now it’s over 8
                per cent. The national dept. was 10 trillion now it’s 15 trillion and
                climbing.in the last 3 ½ years they have created 4 ½ million jobs but lost
                almost 7 million and still loseing.We had a triple AAA credit rating now we
                have a double AA rating. Gas was $1.87 a gallon now its $3.79 and climbing. We
                were respected around the world now we are laughed at. Way to go Obama and your
                socialist Democrats. At this rate we will push Cuba out as the top socialist
                country in the world in another 2 years.

                • 3 votes
                Reply#19 - Tue Jun 12, 2012 11:04 PM EDT

                REBEL: "Always on a fundraiser"? You mean like every other incumbent president who has preceded him???

                And here's a clue for you. It was a Conservatively controlled Supreme Court that passed the Citzens United ruling which postively opened the floodgates for big, outside money. Look at the millions Willard has raked in. Perhaps if we had commonsense campaign laws, which the GOP would never agree to, Obama would not have to spend as much time raising money.

                But it's your crowd that thinks it's just fine with corporations and Billionaires buying elections so I don't think you are in any position to whine about this.

                REBEL; And you an thank the Tea Tard crazies for the loss of credit rating. Standard and Poors were very clear in their report that they downgraded the country specifically because of the way the Tea crazies acted, causing uncertainty. I love how your party stands on the sidelines, throwing wrenches into the works and then blaming Demcrats for not fixing the problem. Never before, was a president held for ransome and thus the country as a whole.

                I suggest you go back and listne to Reagan's speeches about how irresponsible it would be for congress not to raise the credit limit.

                • 10 votes
                #19.1 - Tue Jun 12, 2012 11:14 PM EDT

                Intrepid

                Try using goggle search and type Democrat PAC.....

                LOL

                • 4 votes
                #19.2 - Tue Jun 12, 2012 11:22 PM EDT

                Aunt Anna

                try using google search and type Republican PACS (plural)

                LOLOLOLOLOL

                I have read your posts and it seems you have FAUX Noise on 24/7

                Wow,Your posts indicate a low I.Q. voter, Do us a favor and stay home in November.

                Just Saying!

                  #19.3 - Thu Jun 14, 2012 1:05 AM EDT
                  Reply

                  Ok, now Obama is losing big name supporters in his own party. Now James Carville is telling him he needs to change strategy.

                  Looks like Obama has spent 3.8 trillion on stimulating the economy it the best thing you can say about it is that it is sluggish.

                  Fewer and fewer people are listening to the dem talking points. Almost no one actually believes the country is doing better.

                  • 2 votes
                  Reply#20 - Tue Jun 12, 2012 11:11 PM EDT

                  As if the American public is going to buy into what a draft dodging, money hoarding in offshore accounts, tight assed, Richy rich boy has to say.

                  How come Willard won't release his earlier tax records LIKE HIS FATHER DID DECADES BEFORE HIM??? He's supposed to be so proud of his business success, let's see where all the skeletons are hidden.

                  • 5 votes
                  #20.1 - Tue Jun 12, 2012 11:17 PM EDT

                  We see why you would prefer a loser like Odumbo. Success has obviously passed you by and you hate it. Why? Too stupid? Too Lazy? Or both?

                  Get a job.

                  • 4 votes
                  #20.2 - Tue Jun 12, 2012 11:23 PM EDT
                  Reply

                  Payroll change since January 2008

                  Total: -5.01 million -3.6%

                  Private: -4.61 million -4%

                  Government: -407,000 -1.8%

                  Federal Government: (excluding post office) +225,000 11.4%

                  Sources: Labor Department, Datastream

                  Obama's economy above, only federal government jobs increased I wonder why?

                  • 4 votes
                  Reply#21 - Tue Jun 12, 2012 11:19 PM EDT

                  Remember when the POS potus was running and the momentum just kept building and before long it was like a runaway train, hope and change and all that crock.

                  Now he can do nothing right, the polls just keep going down, he's getting more and more desparate, the ads just get more and more negative and no one listens or shows up anymore.

                  God I love the smell of Libtard POS potus twisting in the wind.

                  Buh Bye Obama/Biden 2012

                  • 5 votes
                  Reply#22 - Tue Jun 12, 2012 11:21 PM EDT

                  poor poor 0dipstik. only has the ability to manufacture crisis and boogymen. the sad truth about it is that he still has many of the ignorant listening and believing him. poor poor 0dipstik.

                  • 2 votes
                  Reply#24 - Tue Jun 12, 2012 11:23 PM EDT

                  The problem is the Democrats have managed screwing up the global economy. The house of cards will collapse soon after the election no matter who is president.

                  • 3 votes
                  Reply#25 - Tue Jun 12, 2012 11:25 PM EDT

                  Bob

                  Who do you think is the primary funder of the IMF?

                  The one that is ignorant is the one who is not prepared and ready....

                  I suggest you read up on your international finance at zerohedge.

                  Otherwise when the stuff hits the fan your family will be at great risk.

                  • 3 votes
                  #25.2 - Tue Jun 12, 2012 11:41 PM EDT

                  bill bob philly

                  You were shown what plunged the world economy into recession yet you chose not to look. The only shame in being ignorant is choosing to remain that way.

                  • 1 vote
                  #25.4 - Wed Jun 13, 2012 10:32 AM EDT

                  Global Economy = Global Standard of Living. The markets work.

                  Our standard of living is not competitive in a global economy and will decline until it is.

                  Get used to it.

                  America is over.

                  We're just fighting over the bones now.

                    #25.5 - Thu Jun 14, 2012 1:12 PM EDT
                    Reply

                    Democrats

                    Just wondering if you remember a guy called Glen Beck?

                    Just wanted you to know he signed a 100 million dollar deal for his Radio show.

                    Seems his listening audience went up by 50%

                    Media Matters big fail on that one huh?

                    Democrats could you tell me why George Soros has even bailed on Obama?

                    • 2 votes
                    Reply#26 - Tue Jun 12, 2012 11:36 PM EDT

                    Who told you that about Beck? Beck?

                    • 1 vote
                    #26.1 - Wed Jun 13, 2012 2:48 AM EDT
                    Reply
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