"The economy is fundamentally sound" - Barack Obama

[Slew Foot]

http://news.yahoo.com/s/ap/200...go_pr_wh/obama_economy

Wasn't King Hypocrite deriding McCain for saying the exact same thing during the debates?

Add it to the list:
-Im against big government (while buying up all the banks and attempting to nationalize industries)
-Im for personal responsibility (while handing out wads of cash to deadbeat home loaners and dumbshit banks)

Edited(feel free to add to the list):
- You forgot him hammering McCain about taxing health care benefits. Now he is open to the idea minus the McCain tax credit.
- How about him being against earmarks but signing a bill with almost 9000 of them.

 

[quest55720]

You forgot him hammering McCain about taxing health care benfits. Now he is open to the idea minus the McCain tax credit.

How about him being against earmarks but signing a bill with almost 9000 of them.

 

[brencat]

Originally posted by: Slew Foot
http://news.yahoo.com/s/ap/200...go_pr_wh/obama_economy

Wasn't King Hypocrite deriding McCain for saying the exact same thing during the debates?

Add it to the list:
-Im against big government (while buying up all the banks and attempting to nationalize industries)
-Im for personal responsibility (while handing out wads of cash to deadbeat home loaners and dumbshit banks)

Yeah, when I heard that quote recently, I'm like oh my God...his advisers are telling him to talk up the economy for his own sake. But seriously, I can't say I'm surprised to hear this crap coming from another shifty eyed Chicago politician.

 

[Genx87]

So last week the economy was in the toilet when he talked about his health care reform. Today it is fundamentally sound when we lose 700,000 jobs a month. If it wasnt so fucking pathetic it may be amusing.

 

[bozack]

holy massive flip flop batman...that is beyond blatant.

 

[OCGuy]

Wow. Im linking to this thread the next time someone bumps Prof's economy thread to make fun of him. Seems like him and Obama are on the same page.

 

[Vic]

Originally posted by: bozack
holy massive flip flop batman...that is beyond blatant.

Considering that Republican talking points these days can't seem to decide if Obama is a socialist or a Republican in disguise, and go back and forth on that even on the same day sometimes, my only response is that you guys sure are making it easy as hell for him to flip-flop all he wants.

 

[Vic]

Originally posted by: Ocguy31
Wow. Im linking to this thread the next time someone bumps Prof's economy thread to make fun of him. Seems like him and Obama are on the same page.

What would that prove except that McCain (and one of his loyal partisan soldiers on this forum) have a really poor sense of political timing?

 

[nageov3t]

/head asplode

 

[wwswimming]

did any of the journalists at the press conference have the chutzpah
to say, "Mr. Obama, what is your definition of 'fundamentally' " ?

it's true, the economy is fundamentally sound - if you gimmick the
unemployment figures, overlook the deficit, etc.

it's like having a broken arm and saying, "my arm is fundamentally sound".

maybe he means, the economy will heal ... like a broken arm.

i listened to this economist today make a very good case for the
unemployment numbers being 19% - if you use the definition of unemployment
that was used 20 years ago.
http://www.netcastdaily.com/br...ast/fsn2009-0314-2.mp3

John Williams from Shadowstats.com, being interviewed by the FinancialSense.com
guys.

on the other hand - one of Obama's jobs is to talk up the economy.

you can see what his real beliefs are by looking at his actions - he's spending
money to fix a broken economy, and it wasn't broken on Obama's watch.

 

[quest55720]

Originally posted by: wwswimming
did any of the journalists at the press conference have the chutzpah
to say, "Mr. Obama, what is your definition of 'fundamentally' " ?

it's true, the economy is fundamentally sound - if you gimmick the
unemployment figures, overlook the deficit, etc.

it's like having a broken arm and saying, "my arm is fundamentally sound".

maybe he means, the economy will heal ... like a broken arm.

i listened to this economist today make a very good case for the
unemployment numbers being 19% - if you use the definition of unemployment
that was used 20 years ago.
http://www.netcastdaily.com/br...ast/fsn2009-0314-2.mp3

John Williams from Shadowstats.com, being interviewed by the FinancialSense.com
guys.

on the other hand - one of Obama's jobs is to talk up the economy.

you can see what his real beliefs are by looking at his actions - he's spending
money to fix a broken economy, and it wasn't broken on Obama's watch.

Actually it was since he was a senator a few years before this happened. Obama could of stood with McCain a few years ago on Freddie and Fannie reform. Instead Obama stood with the crooks dod and frank who claimed Freddie and Fannie were fine and blocked any reform.

 

[blackangst1]

Looking more and more like GWB part II every day!

 

[Craig234]

The issue of the economy was exploited by both sides, as it usually is.

Of course, Obama can't win - one minute the talking point is that he's being too negative about the economy,not talking it up and causing it to go down with a lack of leadership; the next, the talking point is about how he IS tlaking up the economy. The Republicans are exploiting the issue just as much.

McCain's famous similar quote was the same day his campaign released ads that 'the economy is in crisis'. He can't blame Obama for that mixed message.

It does seem Obama 'twisted' McCain's message, and is now saying something similar to what McCain said then. There's room to criticize him - and most presidential campaigns.

Let's not forget the terrible lies from McCain's campaign - if Obama distorted McCain on the economy, look at McCain's pretending Obama called Palin a pig. It goes both ways.

And if we count, I don't have much doubt who has done it far more - the Republicans.

 

[Vic]

Originally posted by: quest55720
Actually it was since he was a senator a few years before this happened. Obama could of stood with McCain a few years ago on Freddie and Fannie reform. Instead Obama stood with the crooks dod and frank who claimed Freddie and Fannie were fine and blocked any reform.

And in comes another hack moron spreading yet another long ago debunked talking point as though it has never been debunked and were still fact. The GOP is basically a party of broken records at this point. It's really sad.

 

[Vic]

Originally posted by: blackangst1
Looking more and more like GWB part II every day!

Wait... I thought he was a socialist... ?

 

[RKDaley]

"If we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we're going to get through this," Obama said, striking a tone that his top aides mimicked.

I think he's saying there are aspects that are sound, and if we give those aspects attention, the economy (as a whole) will re-stablize.

 

[winnar111]

Well, it was fundamentally sound before his election.

 

[RKDaley]

Originally posted by: Slew Foot
How about him being against earmarks but signing a bill with almost 9000 of them.

That's a faux talking point, he never said he was against them.
President Obama actually said that while he supported earmark reform, he believed a line-by-line review would show that some earmarks were for good programs and some were for bad programs.

McCain was the one that was against them.

 

[Vic]

Originally posted by: winnar111
Well, it was fundamentally sound before his election.

Of course it was. But the time for a major party Presidential candidate to say so is not during an economic crisis right before the election.

Is this rocket science or something? McCain ran a terrible campaign. Get over it.

 

[winnar111]

Originally posted by: Vic

Originally posted by: winnar111
Well, it was fundamentally sound before his election.

Of course it was. But the time for a major party Presidential candidate to say so is not during an economic crisis right before the election.

Is this rocket science or something? McCain ran a terrible campaign. Get over it.

I am over it. It's you lefties who can't get over Bush and McCain.

 

[Vic]

Originally posted by: winnar111

Originally posted by: Vic

Originally posted by: winnar111
Well, it was fundamentally sound before his election.

Of course it was. But the time for a major party Presidential candidate to say so is not during an economic crisis right before the election.

Is this rocket science or something? McCain ran a terrible campaign. Get over it.

I am over it. It's you lefties who can't get over Bush and McCain.

You only think I'm a 'lefty' because you lean so far to the right that you fell over and can't get back up.

As for Bush and McCain, the only thing I can't get over about them is that Republicans will ceaselessly defend anything they do (or did) while ceaselessly attacking any Democrat for the exact same policies. I have come to the conclusion that this is most likely the biggest reason why you lost the election. The GOP has become so completely, obviously, and downright militantly disconnected from political reality that the thought of them back in power is more terrifying to the general public than anything the Dems and Obama might do.

 

[waggy]

Originally posted by: Vic

Originally posted by: winnar111

Originally posted by: Vic

Originally posted by: winnar111
Well, it was fundamentally sound before his election.

Of course it was. But the time for a major party Presidential candidate to say so is not during an economic crisis right before the election.

Is this rocket science or something? McCain ran a terrible campaign. Get over it.

I am over it. It's you lefties who can't get over Bush and McCain.

You only think I'm a 'lefty' because you lean so far to the right that you fell over and can't get back up.

As for Bush and McCain, the only thing I can't get over about them is that Republicans will ceaselessly defend anything they do (or did) while ceaselessly attacking any Democrat for the exact same policies. I have come to the conclusion that this is most likely the biggest reason why you lost the election. The GOP has become so completely, obviously, and downright militantly disconnected from political reality that the thought of them back in power is more terrifying to the general public than anything the Dems and Obama might do.

what about teh obama supporters taht bnashed bush and mcCain when it looks as if Obama is more and more like them every day?

 

[blackangst1]

Originally posted by: RKDaley

Originally posted by: Slew Foot
How about him being against earmarks but signing a bill with almost 9000 of them.

That's a faux talking point, he never said he was against them.
President Obama actually said that while he supported earmark reform, he believed a line-by-line review would show that some earmarks were for good programs and some were for bad programs.

McCain was the one that was against them.

Well, in not so many words. He *did* say "the days of pork spending as a strategy are over"...and he *did* say we will enter a new era of fiscal responsibility...and he *did* rail the GOP's spending. Do you think it was fluff or is he keeping his promise? Are the 9000 earmarks NOT a spending strategy? Is *this* fiscal responsibility?

edit: here's a few more quotes:

Obama in the first presidential debate : "Absolutely, we need earmark reform. And when I'm president, I will go line by line to make sure that we are not spending money unwisely."

On March 10, 2008, Obama said in a statement : "We can no longer accept a process that doles out earmarks based on a member of Congress' seniority, rather than the merit of the project. We can no longer accept an earmarks process that has become so complicated to navigate that a municipality or nonprofit group has to hire high-priced D.C. lobbyists to do it. And we can no longer accept an earmarks process in which many of the projects being funded fail to address the real needs of our country."

Feb. 21, 2008 : "I have been consistently in favor of more disclosure around earmarks. Now, keep in mind a lot of these are worthy projects in our states, and I have actively pursued projects that I think are important. But I want to make sure that they're not done in the dark of night, that they're not done in committee, that everybody stands up and says this is the kind of spending that I think is important."

Third presidential debate , "Earmarks account for 0.5 percent of the total federal budget. There's no doubt that the system needs reform and there are a lot of screwy things that we end up spending money on, and they need to be eliminated. But it's not going to solve the problem."




But alas its business as usual. Empty promises.

 

[Farang]

He is taking advantage of a rare convergence of relatively good news to tackle the fear that has gripped our economic system and worsened its downward spiral. It is unfortunate how we have taken the route of Pakistan and are letting political bickering allow our country to succumb to crisis. You'd be bitching no matter what Obama said.

 

[Slew Foot]

Originally posted by: Farang
He is taking advantage of a rare convergence of relatively good news to tackle the fear that has gripped our economic system and worsened its downward spiral. It is unfortunate how we have taken the route of Pakistan and are letting political bickering allow our country to succumb to crisis. You'd be bitching no matter what Obama said.

So what happened since he lambasted McCain when he said the same thing?

A couple million more unemployed, Dow down a few thousand points, a trillion bucks tossed away in bailouts.

Is that what a fundamentally sound economy looks like?