Obama's Speech from Racine, WI

[pcgeek11]

Riiiight.

I like oversimplifying things too! Makes it easy to be a self-proclaimed expert!

Show us something to dispute it then.

 

[*kjm]

Guys stop the B.S....... the point of this speech, to this group he was talking to was out his *ss! The new green policies are going to kill jobs in WI big time! Most of our power is coal and if done right is clean but our industries will be killed by nuclear states but they will not let us build them! I'm sick of this crap!

 

[cubby1223]

He didn't save Nevada from 15% unemployment.
He didn't save Michigan from 13% unemployment.
He didn't save California from 12% unemployment.


So yes, when people say that unemployment are at these levels, they are in fact at these levels.

He didn't save Racine, Wisconsin from ~15% unemployment where he gave his speech...

 

[nick1985]

He didn't save Racine, Wisconsin from ~15% unemployment where he gave his speech...

Talk about self-ownage. What a dolt (Obama)

 

[sandorski]

404 Error Blame Game not found

 

[*kjm]

404 Error Blame Game not found

You can use google right....... Dam wake up!

 

[woolfe9999]

Yeah, sorry, I didn't see him blaming anyone for anything, at least not in the portion of the speech quoted by the OP. I don't have time to read the whole speech right now. If the OP wishes support to his "blame game" hypothesis, I suggest he find something else in the speech.

- wolf

 

[sandorski]

You can use google right....... Dam wake up!

Perhaps the OP should have linked to Google then. Otherwise, Fail.

 

[Hacp]

Does anyone have the graph of Obama's economists predicting 9% unemployment max? It looks like the Stimulus WORSENED the economy rather than made it better. I'd rather have no stimulus and 9% unemployment like Obama predicted.

 

[whattaguy]

Yeah, sorry, I didn't see him blaming anyone for anything, at least not in the portion of the speech quoted by the OP. I don't have time to read the whole speech right now. If the OP wishes support to his "blame game" hypothesis, I suggest he find something else in the speech.

- wolf

"We had to take the country through some pretty tough steps to pull us out of the freefall that we faced when I took office. And I know that sometimes people don't remember how bad it was and how bad it could have been. But when I was sworn in, we were losing 750,000 jobs a month. Every -- each month, we were losing 750,000 jobs. The economy was shrinking at 6 percent. It was contracting by 6 percentage points. That's faster than it had in decades."

This is how bad it was…

"Now, you'd think this would be pretty straightforward stuff, but I've got to say that lately we've been having to wrangle around what used to be pretty noncontroversial things -- providing loans for small businesses, extending unemployment insurance when 8 million people lost their jobs during the recession. But lately, there's a minority of senators from the other party who've had a different idea. As we speak, they are using their power to stop this relief from going to the American people. And they won't even let these measures come up for a vote. They block it through all kinds of procedural maneuvering in the Senate."

This economy isn’t moving forward because of the “other party”…

"Now, some of this is just politics. That's the nature of Washington. Before I was even inaugurated, there were leaders on the other side of the aisle who got together and they made the calculation that if Obama fails, then we win. Right -- that was the basic theory. They figured if we just keep on saying no to everything and nothing gets done, then somehow people will forget who got us into this mess in the first place and we'll get more votes in November. (Applause.) And, you know, that will make people pretty cynical about politics.

Now, let's be fair though. The other party's opposition is also rooted in some sincere beliefs about how they think the economy works. They think that our economy will do better if we just let the banks or the oil companies or the insurance industry make their own rules. They still believe that, even after the Wall Street crash, even after the BP oil well blew, that we should just keep a hands-off attitude. They think we should keep doing what we did for most of the last decade leading up to the recession.

So their prescription for every challenge is pretty much the same -- and I don't think I'm exaggerating here -- basically cut taxes for the wealthy, cut rules for corporations, and cut working folks loose to fend for themselves. Basically their attitude is, you're on your own.

Now, here's the problem. And again, I don't question that a lot of them sincerely subscribe to this view. Here's the problem: We've already tried these ideas. Remember, we tried them for eight years. We tried them for a good part of the last decade. We know where they led us.

On Wall Street, the financial industry and its lobbyists spent years chipping away at rules and safeguards that could have prevented the meltdown of -- that caused -- that was caused by Lehmann Brothers and AIG. But we didn't have those rules in place, that framework of regulation in place. So instead, we saw a disaster that nearly led to the collapse of the entire economy."


Ok…This is all in the first few paragraphs. I’ve already read the speech in its entirety and I don’t wish to do it again. I was just pointing out some of the “highlights” in the original post.

 

[sandorski]

"We had to take the country through some pretty tough steps to pull us out of the freefall that we faced when I took office. And I know that sometimes people don't remember how bad it was and how bad it could have been. But when I was sworn in, we were losing 750,000 jobs a month. Every -- each month, we were losing 750,000 jobs. The economy was shrinking at 6 percent. It was contracting by 6 percentage points. That's faster than it had in decades."

This is how bad it was…

"Now, you'd think this would be pretty straightforward stuff, but I've got to say that lately we've been having to wrangle around what used to be pretty noncontroversial things -- providing loans for small businesses, extending unemployment insurance when 8 million people lost their jobs during the recession. But lately, there's a minority of senators from the other party who've had a different idea. As we speak, they are using their power to stop this relief from going to the American people. And they won't even let these measures come up for a vote. They block it through all kinds of procedural maneuvering in the Senate."

This economy isn’t moving forward because of the “other party”…

"Now, some of this is just politics. That's the nature of Washington. Before I was even inaugurated, there were leaders on the other side of the aisle who got together and they made the calculation that if Obama fails, then we win. Right -- that was the basic theory. They figured if we just keep on saying no to everything and nothing gets done, then somehow people will forget who got us into this mess in the first place and we'll get more votes in November. (Applause.) And, you know, that will make people pretty cynical about politics.

Now, let's be fair though. The other party's opposition is also rooted in some sincere beliefs about how they think the economy works. They think that our economy will do better if we just let the banks or the oil companies or the insurance industry make their own rules. They still believe that, even after the Wall Street crash, even after the BP oil well blew, that we should just keep a hands-off attitude. They think we should keep doing what we did for most of the last decade leading up to the recession.

So their prescription for every challenge is pretty much the same -- and I don't think I'm exaggerating here -- basically cut taxes for the wealthy, cut rules for corporations, and cut working folks loose to fend for themselves. Basically their attitude is, you're on your own.

Now, here's the problem. And again, I don't question that a lot of them sincerely subscribe to this view. Here's the problem: We've already tried these ideas. Remember, we tried them for eight years. We tried them for a good part of the last decade. We know where they led us.

On Wall Street, the financial industry and its lobbyists spent years chipping away at rules and safeguards that could have prevented the meltdown of -- that caused -- that was caused by Lehmann Brothers and AIG. But we didn't have those rules in place, that framework of regulation in place. So instead, we saw a disaster that nearly led to the collapse of the entire economy."


Ok…This is all in the first few paragraphs. I’ve already read the speech in its entirety and I don’t wish to do it again. I was just pointing out some of the “highlights” in the original post.

Meh, Blame Game still not found. I think you just have an allergy towards the Truth.

 

[shortylickens]

Obama needs to expose Republican obstructionism. The GOP will sabotage this country's economic recovery to score political points, and that needs to be brought to light.

Fair enough, but I still dont see Obama as having the brains or balls to actually fix any problems even with help. When things dont work out he'll just have fewer people to blame.

 

[Doc Savage Fan]

Yeah, sorry, I didn't see him blaming anyone for anything, at least not in the portion of the speech quoted by the OP. I don't have time to read the whole speech right now. If the OP wishes support to his "blame game" hypothesis, I suggest he find something else in the speech.

- wolf

"So I just want everybody to remember, we've tried the other side's theories. We know what their ideas are. We know where they led us." - Obama

 

[sandorski]

"So I just want everybody to remember, we've tried the other side's theories. We know what their ideas are. We know where they led us." - Obama

...and?

 

[ASTOCADDIDS]

ABCCNNAPNBCFoxThose are some generic ones I might watch here and there from most popular in my opinion to least.

 

[quikah]

Boeher never said the 'financial crisis was an ant'...he was saying the 'fix to the financial crisis was an ant' (big ass difference). Obama distorted and misrepresented his words in order to make a pathetic strawman...he puffs up and the lemmings cheer as he knocks it down. How nice.

What? If the fix to the financial crisis is an ant then what is the nuclear weapon?

 

[Throckmorton]

"So I just want everybody to remember, we've tried the other side's theories. We know what their ideas are. We know where they led us." - Obama

Exactly.