View Full Version : Congress' Financial Mess
Guest
01-14-2009, 02:33 PM
Here's an eye opener for us. Are we are going to trust the very same people that say we need trillions more to fix this? I wouldn't trust them with my lunch money. How about you?
http://townhall.com/columnists/WalterEWilliams/2009/01/14/congress_financial_mess
Guest
01-14-2009, 03:30 PM
Guess what, the American public and investment community agrees with you. Want good evidence: look at the markets. The DOW is again heading for the 7000's. I think (I fear) the majority of people feel like I do, that Congress has no clue how to fix this and their track record (re-read this article) shows that when financial catastrophe is smacking them right in the face they say all is well. Anyone who reads this article would conclude the fox is watching the henhouse and we are totally screwed. Our "leaders" have lost all credibility. I get so furious when I read things like this my blood boils. Too bad there isn't something like "political malpractice". There is no acountability. I just started reading Ron Paul's book. Everyone should.
Guest
01-14-2009, 05:41 PM
There is absolute accountability. It happens every two years when we go to the polls. Those idiots have a 9% approval rating, worst in history and yet WE THE PEOPLE keep re-electing them. If you voted for any incumbent in this past election, you have no one to blame but yourself. And if the incumbent got re-elected then we probably didn't do enough to support their opponent.
Guest
01-14-2009, 05:54 PM
There is absolute accountability. It happens every two years when we go to the polls. Those idiots have a 9% approval rating, worst in history and yet WE THE PEOPLE keep re-electing them. If you voted for any incumbent in this past election, you have no one to blame but yourself. And if the incumbent got re-elected then we probably didn't do enough to support their opponent.
l2:
I certainly feel your frustration. However, what you say is not exactly correct. Let's say for example that you vote Republican. If the incumbent is a RINO and you want to vote him out, you first have to have someone challenge him and win in the primaries. Now the primaries work differently in some States. However, the premise is the same. More than likely, when you have an incumbent, he/she is entrenched and has a very big advantage. Most people don't even vote in primaries.
So, bottom line, get involved in promoting candidates for a challenge in the primaries so that you can run someone who is more appropriate to your Conservative views. Then the trick is to get folks to split their votes (if in a Presidential cycle).
I really think many just tore down that Dem Obama line and didn't even give the rest a thought. Shame on them.
Guest
01-14-2009, 05:55 PM
Here's an eye opener for us. Are we are going to trust the very same people that say we need trillions more to fix this? I wouldn't trust them with my lunch money. How about you?
http://townhall.com/columnists/WalterEWilliams/2009/01/14/congress_financial_mess
dkl:
Mega-dittos
Guest
01-14-2009, 06:52 PM
Here's an eye opener for us. Are we are going to trust the very same people that say we need trillions more to fix this? I wouldn't trust them with my lunch money. How about you?
http://townhall.com/columnists/WalterEWilliams/2009/01/14/congress_financial_mess
Somebody trusts them. Over 90% of them have been re-elected to serve for 15-20-30-40 years now.......
Guest
01-14-2009, 07:04 PM
It's a matter of public confidence now. People are holding on to their money and businesses are not spending capitol and in fact are laying of in anticipation of what the new government is going to do to them.
No amount of wild spending by the incompetents in congress is going to change it and in fact will make it even worse.
Our only hope is for the bail out bills to some how not happen. If they would take those off the table and start cutting cap gains taxes and individual taxes, the folks will start spending and business will start hiring. The housing market will normalize and when the dust clears the economy will start to come back.
Anything else and we are in for a long haul of pain. The thing that makes me mad is Obama and his crew in congress will always have an ala by. No matter how far they drive us in the ditch they will alway blame it on Bush although he's partly to blame anyway.
Another funny thing I heard today on the news. Bush's inauguration cost 40 million and all the folks on the left went nuts and newspapers starting running stories on how the money could be better spent such as immunizations for poor kids, etc.. you know the list.
Obama's inauguration is 150 million during the "worst financial crisis since the great depression" and not a word from anyone.
Things that make you go hum...
Guest
01-14-2009, 07:57 PM
It's a matter of public confidence now. People are holding on to their money and businesses are not spending capitol and in fact are laying of in anticipation of what the new government is going to do to them.
No amount of wild spending by the incompetents in congress is going to change it and in fact will make it even worse.
Our only hope is for the bail out bills to some how not happen. If they would take those off the table and start cutting cap gains taxes and individual taxes, the folks will start spending and business will start hiring. The housing market will normalize and when the dust clears the economy will start to come back.
Anything else and we are in for a long haul of pain. The thing that makes me mad is Obama and his crew in congress will always have an ala by. No matter how far they drive us in the ditch they will alway blame it on Bush although he's partly to blame anyway.
Another funny thing I head today on the news. Bush's inauguration cost 40 million and all the folks on the left went nuts and newspapers starting running stories on how the money could be better spent such as immunizations for poor kids, etc.. you know the list.
Obama's inauguration is 150 million during the "worst financial crisis since the great depression" and not a word from anyone.
Things that make you go hum...I saw that too about spending on the inauguration. Did you expect otherwise from our left wing pandering press? It's all so disgusting....
Guest
01-14-2009, 07:57 PM
Obama's inauguration is 150 million during the "worst financial crisis since the great depression" and not a word from anyone.
Things that make you go hum...
__________________________________________________
Glad you mentioned this Dklassen.
I have been mulling (not exactly sure what mulling means but) over why I have trouble showing any enthusiasm for President Obama......I certainly did not support his election but he was elected and he is my President and I do wish him well as I would any President.
Now, after simply reading this sentence you posted maybe I have it. The media has 100% sold out completely and totally to him. When Bush was inaugurated, I recall an article criticizing him soundly (main stream media and will try and locate an article) for what was being spent on his inaugration and it was total pocket change compared to this. The article, as I recall went on about how whatever the amount was could be put to better use, but we applaud the spending of 150 million dollars for this inaugration.
Same with his new financial wizard who did not pay some taxes HOWEVER, when President elect Obama told the media that this guy was so important, they just shut up and applauded.
Just two examples of may be bothering me about what is going on. There is no critique of much he or his followers do !
Someone posted on here that I should "give him a chance"......I will/am...got no other choice but are we not to point out things on both sides of the aisle.
Yes, the 150 million at this time does make you go .....hmmmmmm
Guest
01-14-2009, 08:07 PM
Steve,
That's what I don't get. We just keep putting them back in over and over again. Washington needs a serious house cleaning. Hope some others here take the time to read the link up top.
Oh would I wouldn't give to have Reagan back for another eight. It makes me want to cry when I think about where we are heading.
It's scary just how accurate this quote is.
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
Ronald Reagan.
Guest
01-15-2009, 06:46 AM
Our national news media has destroyed itself. It is no longer credible and they are losing business in both advertising and readership. Almost every major newspaper has lost readers over the past 3 years. Even the New York Slime is asking for a bailout claiming there archives are a historic treasure and will be lost if they go out of business. Most of the network news programs are losing market share. The only news media that seems to sustain growth is talk radio and now congress wants to put restrictions on that.
You just can't believe what you read or see on TV as it is so biased as to be on the fine line of being fraudulent. They take words out of context, show things how they believe vs reporting the news and information in an unbiased manor. I was not a Sarah Palin fan until I saw how the media didn't tackle Caroline Kennedy the same way. Remember how Palin had no experience? And Caroline has done what? They are such a bunch of useless information twisters that I have stopped using them completely. Let them go out of business. I hope everyone cancels their subscriptions.
Guest
01-15-2009, 08:30 AM
Although prices are still down overall, home sales in San Diego, LA, Las Vegas and other places are actually up as much as 15%.
Someone is getting credit...
The media and government is handing us a bunch of BS. Yes the economy is bad but the stimulus in not designed to bail us out. It designed to grab more control over the private sector, pure and simple.
Wake up and smell the coffee. Once they get it they will never let go.
"No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!"
Reagan.
Guest
01-15-2009, 08:57 AM
Relative to the few comments on the cost of the inaugration and how the press differs today in their coverage, I said I would try and find some articles on the Bush inaugration..this is from Jan 20, 2005....
"Giving Bush a pass -- again
The D.C. press corps failed to ask hard questions about the inauguration's huge cost and its unprecedented security."
http://dir.salon.com/story/news/feature/2005/01/20/media_on_inauguration
Guest
01-16-2009, 07:00 AM
Another funny thing I heard today on the news. Bush's inauguration cost 40 million and all the folks on the left went nuts and newspapers starting running stories on how the money could be better spent such as immunizations for poor kids, etc.. you know the list.
Obama's inauguration is 150 million during the "worst financial crisis since the great depression" and not a word from anyone.
Things that make you go hum...
What makes me go hum, is how you've misstated things. According to CBC http://www.cbc.ca/news/background/bush/inauguration.html Bush's $40 million inauguration didn't include the cost of security, which was estimated at $66 million giving a total of $116 million. Also, Bush's inauguration had an estimate of 200,000 people attending. They are preparing for ten times as many i.e. 2 million people to attend the historic inauguration of Obama, and the bulk of the $150 million is for security.
Guest
01-16-2009, 08:23 AM
I'm just restating what I heard on the news but the typical double standard still holds true. Where's all the left wing media stories about how Obama's 150mill could be better spent on shots for poor kids and relief for the elderly when so many people are suffering from the economy? I believe they had quite a laundry list for Bush even though the economy was strong at the time. Where's the same outrage? The media dog piled on Bush if he even blinked wrong from day one. You'll see the same media give Obama a free pass no matter what he does.
Guest
01-16-2009, 08:53 AM
What makes me go hum, is how you've misstated things. According to CBC http://www.cbc.ca/news/background/bush/inauguration.html Bush's $40 million inauguration didn't include the cost of security, which was estimated at $66 million giving a total of $116 million. Also, Bush's inauguration had an estimate of 200,000 people attending. They are preparing for ten times as many i.e. 2 million people to attend the historic inauguration of Obama, and the bulk of the $150 million is for security.
You seem to be hung up on this inauguration story...the point that was being made was about how the media has sold out to President Obama in every way and we have thus lost what is supposed to be the group that keeps everyone honest.
It was not all about the inauguration cost, but that story is indicative. Most of the cost of Bush's inauguration was paid by private gifts as I recall !
But, again the point is that the media is totally bias at this point. Will never forget the day or so after the election, hearing Chris Mathews say he had an obligation to see "this guy" suceed as if this "obligation" did not exist for any past presidents !!!
Guest
01-16-2009, 09:17 AM
Our national news media has destroyed itself. It is no longer credible and they are losing business in both advertising and readership. Almost every major newspaper has lost readers over the past 3 years. Even the New York Slime is asking for a bailout claiming there archives are a historic treasure and will be lost if they go out of business. Most of the network news programs are losing market share. The only news media that seems to sustain growth is talk radio and now congress wants to put restrictions on that.
You just can't believe what you read or see on TV as it is so biased as to be on the fine line of being fraudulent. They take words out of context, show things how they believe vs reporting the news and information in an unbiased manor. I was not a Sarah Palin fan until I saw how the media didn't tackle Caroline Kennedy the same way. Remember how Palin had no experience? And Caroline has done what? They are such a bunch of useless information twisters that I have stopped using them completely. Let them go out of business. I hope everyone cancels their subscriptions. Bill O's ratings continue to shine!
Guest
01-16-2009, 10:56 AM
Headline from today... how typical.
"Bush's quiet goodbye - TV networks barely cut away from plane crash coverage long enough for the president's farewell."
Guest
01-16-2009, 11:12 AM
Given they put us in this mess, do we really need congress to put our country in dept to the tune of trillions of dollars just because they says so? There are other ways...
https://www.talkofthevillages.com/images/misery.jpg
Guest
01-19-2009, 11:20 PM
Not to be critical of Obama because I am giving him a chance, BUT, "rshoffer" ....too bad you didn't start reading Ron Paul 2 years ago. He must be laughing his a-- off. He talked about all this stuff years ago and no one was listening, he was just another nut.
Guest
01-20-2009, 10:14 AM
I have said time and again I will wait and see what he does. That I will measure what he does the first year. I don't expect everything to be fixed in year one. I do, however, expect progress.
The ho-hum is the constant barrage from Obama, his staff and the media about how bad it is, how it is going to get A LOT WORSE and will take longer to fix than promised. And please don't try to pass it off as he finds things worse than he thought....or he is only telling the truth...keep in mind he, like ALL the others is a politician first....it is nothing more than managing expectations.
Fixing any problem begins with a plan and at least some good news to give HOPE.
Maybe that will start after today...eh?
BTK
Guest
01-20-2009, 10:31 AM
The reason why he is setting expectations so low and so long is because he knows the bail outs won’t work and in fact will prolong the recession. The bail outs aren’t designed to stimulate the economy, they are designed to gain more eventual control over the private sector.
There is no message of hope, growth, opportunity and faith in the American spirit or our propensity for ingenuity and entrepreneurship.
I can’t imagine Reagan ever sending a message like Obama’s to the American people. Reagan took us out of a very bad recession and he didn’t have to do it with multi-trillion dollar bail outs.
What we need is more well armed lambs contesting the vote.
"That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government."
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