2/4/2009 12:09:53 PM
He's been doing amazingly well, I think, so far. I thought this tax thing was going to tarnish him, but he's handled it extremely well, and kind of turned it around. I constantly wonder though if this is because Bush has set the bar so low for me...?Something else that I didn't pick up on during the presidential race was how much of a control freak he seems to be. The way he handles Biden in public is almost like how a father treats a young child.Incidentally, this is the feeling I always got about John McCain...[Edited on February 4, 2009 at 12:36 PM. Reason : ]
2/4/2009 12:33:34 PM
I don't know if he's doing "amazingly well" so far. He is trying to act quickly and work in a bipartisan way to get a stimulus bill passed. Unfortunately, Washington doesn't work that way. Much like during his campaign, he is long on rhetoric but short on results thus far. Still, I can't help but be impressed with the way that he has conducted himself and gone out of his way to involve Republicans in the debate and his cabinet when he really doesn't have to.
2/4/2009 12:38:04 PM
2/5/2009 1:00:18 AM
2/5/2009 2:37:44 AM
He's not doing a good job. He is lying to the American people point-blank by saying that this spending bill will stimulate the economy when everyone but Democrat insiders and hard core party loyalists are calling it what it is. It's a partisan spending plan and putting out a few snippets to say he's trying to cut the waste out of it by working behind the scenes is nothing but a PR ploy. It's about as believable as John Kerry's goose hunting trip. If he really wanted to cut it to something effective and remotely responsible, he wouldn't have pushed Congress to pass the thing anyway. As a conservative, I oppose large government spending but spending bills should be argued as spending bills. The president shouldn't be telling people our economy will get worse without it, and the voters should be responsible enough to actually read a little and see what is being proposed. If he wants to pass a stimulus bill, let the bill that goes to Congress actually be a stimulus.
2/5/2009 7:44:06 AM
^I agree. He is using fear tactics to try and get the bill passed. What happened to "hope"? He is telling the American people that if the bill is not passed immediately the economy will go into a deeper recession. This recession was twenty years was in the making; I dont think a few extra days to discuss what could possibly be one of the biggest mistakes in our lifetime is really going to make a difference.
2/5/2009 8:15:59 AM
2/5/2009 8:40:13 AM
Stories like this piss me off:Obama's Perks: Private Jet, Chef Tax-Free: The President Gets $400,000 a Year Plus Plenty of Freebieshttp://abcnews.go.com/Business/CEOProfiles/Story?id=6806414&page=1 Seriously? We're going to pin the presidential salary, air force one, the president's chef, etc., on Obama? Oh, that silly elitist man.
2/5/2009 8:54:01 AM
for the amount of stress and pressure involved with the job of POTUS, I have always thought that salary was low.
2/5/2009 9:41:51 AM
2/5/2009 10:25:47 AM
2/5/2009 10:32:53 AM
1 trillion is an pretty expensive delay tactic....
2/5/2009 10:40:59 AM
haha seriously
2/5/2009 10:49:50 AM
^ I agree and so does most of the american population. The latest polls show less than half of the american people support the "stimulus package". Also what happened to Obamas "buy american" rhetoric from the campaign trail. When asked about it on the campaign trail, Obama said a buy american clause was common sense, now he backs away from it due to external lobbyists and our trading partners. Our trading partners have "buy home goods" clauses in their laws as well but somehow its not okay if we do.
2/5/2009 10:51:44 AM
^ you are actually interpreting that poll wrong (have you been reading/watching Fox News?).You are right that "less than half" (just barely) support the bailout, but most of the rest either don't know, or are against it. So the largest contiguous group (ie a plurality) support the bailout.^^^True, but if you were in charge, you'd rather do too-much than not-enough, I would think.[Edited on February 5, 2009 at 11:00 AM. Reason : ]
2/5/2009 10:58:52 AM
2/5/2009 11:00:53 AM
What bailout?The stimulus package isn't a bailout...
2/5/2009 11:03:39 AM
^^ that's a nice condescending attitude there.One of my friends who is actually a hard-core limbaugh fan changed his tune on the bailout after his mom (who made ~$90k/year) lost her job due to the downturn.People have their own reasons for supporting the bailout, you can't really condemn them for it.I do hope the politicians take a more objective stance though.[Edited on February 5, 2009 at 11:03 AM. Reason : ]
2/5/2009 11:03:41 AM
Christ, she later corrected herself in the same press conference I think.
2/5/2009 11:03:59 AM
2/5/2009 11:14:40 AM
2/5/2009 11:24:47 AM
3 month LIBOR3 month T-bills yieldLIBOR-OIS spreadTED spreadA2/P2 spreadetc
2/5/2009 11:54:19 AM
I'm in favor of a stimulus bill that actually creates a stimulus, not this load of shit the liberals are trying to rail through the Legisative Branch. I hate the gov't spending money we dont' have, but as it seems that it could do some good if properly applied then I am for it.And I know plenty of friends that have lost their jobs and it sucks. I lost my job at the beginning of summer but was lucky enough to get another, better one. Just the same they just inacted a global payroll freeze so I realize my balls are this close to the band saw. The gov't needs to do what's right, and all these BS allocations aren't right. And Obama needs to stop saying if we don't pass it tomorrow the world will end (to paraphrase )[Edited on February 5, 2009 at 12:31 PM. Reason : k]
2/5/2009 12:30:16 PM
Someone tell me is this for the coming year, within the past year, new homebuyers, what?http://www.nytimes.com/2009/02/05/us/politics/05stimulus.html
2/5/2009 12:47:44 PM
^^ What BS allocations are you referring to?What I don't get is why they seem to be focused on short-term spending, rather than something more sustainable:
2/5/2009 12:51:42 PM
fail boat, its possible.. i mean the last bubble was SO much fun.. its time for another right.
2/5/2009 1:34:36 PM
from what I understand, the current bill/credit is for any person (not investor) buying a home, new or resale, for 12 months after the signing of the bill. I believe a stipulation is that you have to live in the home for 2 years.
2/5/2009 1:38:02 PM
which is great... except people were able to live in thier homes previously for more than 2 yrs, either by adjustible rate or neg am loans. Does solve the problem of people who have no business owning a home still trying to own one.. THis is simply more bait for the trapt. imo. A nice bonus if you were already going to buy though.
2/5/2009 1:46:18 PM
where's the loophole so i can sell my house to myself to be eligible for the rebate or something ridiculous like that
2/5/2009 2:16:07 PM
Im wonderiing if I can sell it to my parents if we both get free money?
2/5/2009 2:21:04 PM
2/5/2009 2:25:54 PM
2/5/2009 3:21:44 PM
^ We need things that are going to slowly trickle in. If you're thinking a short-term boost in cash is what's needed, you're completely wrong. A stimulus that's more like methadone treatment instead of a quick fix is what they're going for, I think. There are no quick fixes for this problem.One man's pork is another man's stimulus. You'd have a hard time getting people to agree on what's pork and what's stimulus.
2/5/2009 3:51:42 PM
failboat, what causes housing prices to increase( semi-rapidly)? And a follow up, what would a 15k tax credit do?Moron, what are you talking about? This is a handout of upto 15k for simply buying a house. So yes, I was joking, but I could sell my house to my mother and split the 15k.[Edited on February 5, 2009 at 4:01 PM. Reason : .]
2/5/2009 3:57:50 PM
2/5/2009 4:20:17 PM
2/5/2009 4:43:53 PM
^haha, you are right. You know the people bashing bush and palin for saying stuff like that wont be heard from when the great one says it.
2/5/2009 6:22:34 PM
2/5/2009 6:48:29 PM
^ not to mention that the religious right bashes Obama enough that his statements don't seem to matter.They certainly have yet to translate to policy in any meaningful way such as defining marriage based on nebulous biblical standards, or limiting scientific research, or supporting anti-scientific educational policy in a science class, and a host of other areas where Bush's religious nut-jobbery encroached on policy where it shouldn't have.
2/5/2009 6:59:33 PM
Obama completely fucked up this stimulus plan.
2/5/2009 9:08:44 PM
^ Not really, it was a clusterf*** from the original conception, Obama is just fanning the flames.^^ At least Bush stood for something. He maintained core values of social conservatives. That is his one redeeming quality. It does not make him a religious nut-job. Sorry to inconvenience your atheistic views but there are still people who believe in God and agree with Bush's actions. Sorry this is going to get off topic a bit, but I would like a comment anyway.The definition of "Marriage" is the union of a "Man" and a "Woman". If you swap out another man for the woman or visa versa, the definition is changed. Its a fairly simple concept. Homogaybiens should come up with their own terminology to describe their union, like "Gayriage" or whatever.[Edited on February 5, 2009 at 9:22 PM. Reason : ]
2/5/2009 9:19:44 PM
^ Who do you think conceived it?
2/5/2009 9:37:10 PM
Sorry, your right. Obama is to blame for this.
2/5/2009 9:50:05 PM
Obama, pork spending you can believe in!
2/5/2009 9:53:24 PM
2/5/2009 10:18:42 PM
WOW look at all the little disgruntled and disenfranchised republicans in this thread writhing and wailing at Obama. It's great! lol. And it's only week what 3-4? Sorry guys, but the shit ass fiscal policy that fucked up this country is gone, deal with it. You've ruined the economy with your 8 years.
2/5/2009 10:20:58 PM
2/5/2009 10:33:58 PM
Give me a fucking break.
2/5/2009 10:41:26 PM
I'm neither for Bush or for Obama. Just because I criticize Obama doesnt automatically make me a Bush fan. You need to give me a fucking break if you dont think Clinton at least contributed to this.
2/5/2009 11:28:35 PM