Obama's First Six Month's Accomplishments

Guyana punch anyone?

ReggaeGanja said:

wait wasnt this guy supposed to legalize weed?

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San Diego is reeling once again from DEA raids. Obama did not fly in on a helicopter to fix shit. We all know 90% of our dispensaries will have their money and inventory taken. They will not face any charges but lose their money and their inventory.

They will get their keys back to operate though...watch.

This is not change. This is business as usual. Where is the transparency? Yes this deserves a press conference by the man because this was part of his platform for election.

A bunch of my friends are swing voters or first time Dem voters. About half of them regret their vote and it's only been six months.

Throw in a few thousand troop deaths in Afghanistan, Nancy Pelosi and Obama's cabinet...he's got a lot to overcome in 2.5 years when campaigning begins again.

I still feel his cabinet is full of Bill Clinton fans that are sending Obama down the river with bad advice because they want Hillary.

AIG is starting to pay us back LOL source that info please han, cuz that one thing popped out at me. You can't be serious,AIG needs another 47 billion of taxpayer money here soon, they aren't ever going to pay it back.

ReggaeGanja said:

wait wasnt this guy supposed to legalize weed?

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lol yeah he did say that

AIG is starting to pay us back LOL source that info please han, cuz that one thing popped out at me. You can't be serious,AIG needs another 47 billion of taxpayer money here soon, they aren't ever going to pay it back.

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I did not say that they are starting to pay us back, but they are 'getting to the point' that they can.

They are not out of the woods yet, but getting closer. And if you look at the banks that people said is going to never pay back, they are already, we may actually end up with a profit from them. AIG was the most vulnerable, and least regulated (Because the Fed has no power over them as they are not a bank) so has the furthest to climb. But as the economy improves and they start to push a profit they will start to pay it back. Don't think months, think years.

Quote:
8. Gave away billions to AIG also without pre-conditions.

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See the economy section of any newspaper the days after leihman Bros and tell us how letting huge institutions fail worked out. And then find who was president when the first aig bailout went down. Then after that lets figure out how much would be lost if they buckled. They actually are doing better now and getting to the point they can start to make payments back to us.

But I guess losing trillions of every americans wealth and destroying the country is nothing to worry about when you have the 'free' market. I mean nothing goes wrong in the free market right.

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And today's financial numbers where actually pretty decent. There is a ways to go before we are out of it, but look at how much improved we are since the march lows.

hanimmal said:

I did not say that they are starting to pay us back, but they are 'getting to the point' that they can.

They are not out of the woods yet, but getting closer. And if you look at the banks that people said is going to never pay back, they are already, we may actually end up with a profit from them. AIG was the most vulnerable, and least regulated (Because the Fed has no power over them as they are not a bank) so has the furthest to climb. But as the economy improves and they start to push a profit they will start to pay it back. Don't think months, think years.

And today's financial numbers where actually pretty decent. There is a ways to go before we are out of it, but look at how much improved we are since the march lows.

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The stock price means jack shit. look at the fundamentals when saying a company is solvent. AIG is bankrupt and the only reason it still exists is because we the taxpayer keep throwing our hard earned money at it. Before you make a claim that AIG is going to be paying the money back, wait until they actually do so, your gonna wait a life time.

Look at the stock price of all the big banks, look good don't they? yeah all those banks are bankrupt too, only thing keeping them floating is the amount of money they take out of our pockets. The stock price is only a reflection of the massive money printing operation and 800 billion of aid givien to these companies. Those companies did't actually earn their price per share, it was cheated up since they mark to fanntasy all those bad assets.

NoDrama said:

The stock price means jack shit. look at the fundamentals when saying a company is solvent. AIG is bankrupt and the only reason it still exists is because we the taxpayer keep throwing our hard earned money at it. Before you make a claim that AIG is going to be paying the money back, wait until they actually do so, your gonna wait a life time.

Look at the stock price of all the big banks, look good don't they? yeah all those banks are bankrupt too, only thing keeping them floating is the amount of money they take out of our pockets. The stock price is only a reflection of the massive money printing operation and 800 billion of aid givien to these companies. Those companies did't actually earn their price per share, it was cheated up since they mark to fanntasy all those bad assets.

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Wait a sec... so when the market prices are DOWN, that's bad... When they're UP, it doesn't mean shit?

We're all playing with monopoly money, and these days the ONLY thing that gives that money "value" is the stock market. Stock market +DOWN = bad for the economy, Stock market + UP = good for the economy.

The stock market is a fantasy, but it's the only fantasy we've got. Our entire monetary system is make-believe, and the illusion is maintained through buying/trading/selling stocks and commodities. It's all about "perceived" value, rather than actual value.

I think it's funny that people tout us as the "richest" country. We don't have any money! We're in debt up to our eyeballs! We might have more currency floating around than anyone else, but it's utterly worthless pieces of paper that aren't worth the ink they're printed with.

yeah guys i voted for Obama too but you have to realize like all other prez he's a paid off monkey that say not to belive the conspeiracie theories about secret societies taking over the nation. Why do you think kennedy was assainated?! Because he was exposing them!! How did he know? HE WAS ONE!!! Skull and bones sound familiar? The Bilderburg group? The Masons? The Free Masons? The illuminati? ect. YOUR ETHER A CONSUMER OR A REVOLUTIONARY. What do you think Rage Against the Machine wants to rage against the machine?! Or why Tool puts those crazy ass hidden tracks at the end of every cd (except aenima)

http://www.youtube.com/watch?v=MS7l6i4w11U

(thats the speech kennedy gave that many belive killed him)



Or why Obama was all for legalizing bud and then changed his mind. Because if we brought cannabis and hemp in the mix; all the Larg Power co's would lose they're buisness and ability to surpress the truth.

Just to name a few songs off the top of my head

Know your enemy
Wake Up
Testify
Gurella Radio
Freedom (at the end he speaks of they're american dream)
Take the power back
ALL YOU'LL BE ABLE TO DO IS CALL ME CRAZY BUT YOU WON'T BE ABLE TO PROVE ME WRONG- Think about it

I've never heard Obama say he wanted to legalize cannabis. I've heard him say that our drug policies don't work and we need to change them, and that drug use should be a health issue and not a criminal issue, but I've never heard him say cannabis should be LEGAL. Decriminalized, maybe, but never legal.

lopezri said:

Ha ha. . . got this in my inbox and thought I'd share!

The man has been busy, hasn’t he!!








Obama's First Six Months' Accomplishments

1. Offended the Queen of England .

2. Bowed to the King of Saudi Arabia .

3. Praised the Marxist Daniel Ortega.

4. Kissed Socialist Hugo Chavez on the cheek.

5. Endorsed the Socialist Evo Morales of Bolivia .

6. Sided with Hugo Chavez and Communist Fidel Castro against Honduras .

7. Announced we would meet with Iranians with no pre-conditions while they're building their nuclear weapons.

8. Gave away billions to AIG also without pre-conditions.

9. Expanded the bailouts.

10. Insulted everyone who has ever loved a Special Olympian.

11. Doubled our national debt.

12. Announced the termination of our new missile defense system the day after North Korea launched an ICBM.

13. Released information on U.S. intelligence gathering despite urgings of his own CIA director and the prior four CIA directors.

14. Accepted without comment that five of his cabinet members cheated on their taxes and two other nominees withdrew after they couldn't take the heat.

15. Appointed a Homeland Security Chief who identified military veterans and abortion opponents as "dangers to the nation."

16. Ordered that the word "terrorism" no longer be used and instead refers to such acts as "man made disasters."

17. Circled the globe to publicly apologize for America's world leadership.

18. Told the Mexican president that the violence in their country was because of us.

19. Politicized the census by moving it into the White House from the Department of Commerce.

20. Appointed as Attorney General the man who orchestrated the forced removal and expulsion to Cuba of a 9-year-old whose mother died trying to bring him to freedom in the United States .

21. Salutes as heroes three Navy SEALS who took down three terrorists who threatened one American life and the next day announces members of the Bush administration may stand trial for "torturing" three 9/11 terrorists by pouring water up their noses.

22. Low altitude photo shoot of Air Force One over New York City that frightened thousands of New Yorkers..

23. Sent his National Defense Advisor to Europe to assure them that the US will no longer treat Israel in a special manner and they might be on their own with the Muslims.

24. Praised Jimmy Carter's trip to Gaza where he sided with terrorist Hamas against Israel .

25. Nationalized General Motors and Chrysler while turning shareholder control over to the unions and freezing out retired investors who owned their bonds. Committed unlimited taxpayer billions in the process.

26. Passed a huge energy tax in the House that will make American industry even less competitive while costing homeowners thousands per year.

27. Announced nationalized health care "reform" that will strip seniors of their Medicare, cut pay of physicians, increase taxes yet another $1 trillion, and put everyone on rationed care with government bureaucrats deciding who gets care and who doesn't.


Bloomberg: Daschle says, "Health care reform will not be pain free. Seniors should be more accepting of the conditions that come with age instead of treating them," while former Colorado Governor Dick Lamm says seniors have "a duty to die."

If this does not sufficiently raise your ire, just remember that the President, Senators and Congressmen have their own special gold plated health care plan which is guaranteed the remainder of their lives and they are not subject to this new law if they pass it.

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28. Just yesterday he scolded wall street again, and snubbed them, but yesterdays really big blunder was to start a trade war with china, even though this kind of protectionism prolonged the last great depression.

Here's the story from the Washington Post
Threat of Trade War With China Sparks Worries in a Debtor U.S.

The stock price means jack shit. look at the fundamentals when saying a company is solvent. AIG is bankrupt and the only reason it still exists is because we the taxpayer keep throwing our hard earned money at it. Before you make a claim that AIG is going to be paying the money back, wait until they actually do so, your gonna wait a life time.

Look at the stock price of all the big banks, look good don't they? yeah all those banks are bankrupt too, only thing keeping them floating is the amount of money they take out of our pockets. The stock price is only a reflection of the massive money printing operation and 800 billion of aid givien to these companies. Those companies did't actually earn their price per share, it was cheated up since they mark to fanntasy all those bad assets.

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You fricking kiding me right?

You don't get it, if you would not have been paranoid and invested in AIG when Obama came out and said he cannot and will not allow these financial institutions to fail, because to do so would destroy the economy that we have been spending the last several decades building up, and went with the people that saw that logic and took him for his words instead of paranoid though process, lets see what would have happened.

Let's say you have $1000 in the bank.

6.60 was the price in their march lows. They were trading for $43 bucks today (down a little right now). So $6,493would be what it was worth. So you could have made $5,493 bucks, just for trusting in the president in a few months.

Now you say that it does not mean anything. But the people that are investing also know that a company is worth a certain amount and if the prices are rising it is due to the fact that the company is gaining in strength or losing. When there are good numbers reported, the stock rises, when bad numbers are reported guess what they fall.

And another layer, when it is time to sell some bonds, guess what the money that they can get is directly dependent on the amount of money that the stock is selling for. So that is another gauge of their strength.


And you talk about the banks, you realize that they are making billions still and they are actually already started the process of paying back the TARP funds, which is also giving us tax payers some interest, so we will come out ahead of that. They are not bankrupt, no matter what you believe. You need to look at their T balance to get this, but I doubt that you will. The funds that are borrowed are actually part of the liabilities and assets (if they had loaned them out or left them in reserves).

What you don't get is that the money they got was to curb the panic that people were going through and pulling money out, that is what crashes banks (they are not AIG, which is a completely different industry, or even leihman bros. which was a investment bank).

Now you may think that I am saying that the bank behavior is ok, and I am not, they were disgusting and predatory. But to say they were bankrupt (not in the morale sense) is just wrong.

This is still going on? You're kidding me!? I just put the list up so people could read it and see the list and now we have libs and conservatives stuck in the mud. . . fighting back and forth. Gee. . . guess you can't just post here hoping people will just read the post and just move on. Thanks for all the banter though!

28. Just yesterday he scolded wall street again, and snubbed them, but yesterdays really big blunder was to start a trade war with china, even though this kind of protectionism prolonged the last great depression.

Here's the story from the Washington Post
Threat of Trade War With China Sparks Worries in a Debtor U.S.

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Now here is a 50/50 argument. The first part is horseshit.

But I agree that the tariff on tires is idiotic, but understandable. He is trying to save the tire producers in the states from going out of business and laying off thousands of people because China is able to produce them for much less.

Why this is bad is that if Americans can buy something for much less we can then turn and use that savings to buy more products, which is just good economics. But the downside is that our workforce is not able to find new work right now because they are unskilled.

We cannot make enough tires, cars, or tv's to get back on track. We need new industries that spur new manufacturing. This way we can still build but build smarter and lead the world once again. Then when China (or whomever) is able to catch up to the same quality at a cheaper price, we allow them to and move onto the next new industry.


We stay too stuck in the past here in the states and need to get on that good old fashion american inventiveness that we used to be known for. But of course every time new things that would actually bring us newer and better manufacturing that the world would buy, we bitch and moan and blame Al Gore.

This is still going on? You're kidding me!? I just put the list up so people could read it and see the list and now we have libs and conservatives stuck in the mud. . . fighting back and forth. Gee. . . guess you can't just post here hoping people will just read the post and just move on. Thanks for all the banter though!

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No problem man! It's what we do!

hanimmal said:

Now here is a 50/50 argument. The first part is horseshit.

But I agree that the tariff on tires is idiotic, but understandable. He is trying to save the tire producers in the states from going out of business and laying off thousands of people because China is able to produce them for much less.!

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So, in Obama's attempt to "punish" China, he is in effect punishing the American consumer by raising tariffs, and in effect, raising the cost of ALL tires here in the U.S.

Why not just reduce our corporate tax rate to that of China's?

Any idea of what China's corporate tax rate is, hanimmal?

I think Obama should read Mises' "Human Action" just for starters.

So, in Obama's attempt to "punish" China, he is in effect punishing the American consumer by raising tariffs, and in effect, raising the cost of ALL tires here in the U.S.

Why not just reduce our corporate tax rate to that of China's?

Any idea of what China's corporate tax rate is, hanimmal?

I think Obama should read Mises' "Human Action" just for starters.

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Do you even know what you are trying to say here? Because I don't. Did you even read what I had to say before you highlighted that one part in red? Why not put your old guy anger juice to the side real fast, take a breath and re-read it. I just don't get it.

I mean why ask about tax rate, why not ask about wages of the employees in China, or how much safety regulation costs they have? Or how about retirement funds? Or why you think it is to 'punish China' and not 'save americans'?

If you care to here is the answer to what the PFC tax rates are: http://www.pwchk.com/home/eng/prctax_corp_overview_taxation.html

Any idea what our Corps actually end up paying in tax rates?

By far and away the single most stunning accomplishment of the Obama administration has been the amazing and dramatic reinvigoration of the Republican Party.

Republicans were considered dead as doornails for the next several election cycles after Obama’s victory last year
However,
Obama's stunning display of ineptitude as well as his penchant for prevarication (which makes GWB look like Honest Abe) has resurrected the GOP.
This was all accomplished in a mere six months, what a talented politician!
Thank you Mr. President!!

lets be honest who has a degree in economics or a political science degree. the barack obama is obviously really smart. we really need to stop bickering and say hey this is a good idea lets go with this, or thats not a good idea. this is why the country is sooo bipartisan. call me a commie whatever.

I don't have a degree in anything but have and always will be ahead of the game and my friends around me who are all successful. College is not a bad thing. But all my friends with degrees are in different fields then their major they received their degree in. I have been in commercial real estate and lending since 95'...not super long but certainly before it was cool like in the last 5 years or so. I have friends with econ degrees that don't know the first thing about real economics because they don't deal with the economy on a 9-5 basis.

They can educate me about the Gold Standard but have no clue what to do with their lack of money or other peoples money.

You have to get your hands dirty and nose bloody to really become educated in that field in order to make effective decisions. Or, do what my clients do and hire me to do it!

Yes I want my kid to go to college though

heyguy901 said:

lets be honest who has a degree in economics or a political science degree. the barack obama is obviously really smart. we really need to stop bickering and say hey this is a good idea lets go with this, or thats not a good idea. this is why the country is sooo bipartisan. call me a commie whatever.

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I'm working on 2 degrees - one in pol. sci and the other in comp. sci. (Hey conservatives, guess who's paying? It's you!)

getting ready to start my 2nd year, but haven't really gotten into the "meat" yet. Just trying to satisfy all the prerequisites at this point, which will probably take me another 2 years to accomplish at this rate, lol.

I think it's funny they call politics a "science"... it's really more of an art form, like drama =)

doobnVA said:

I'm working on 2 degrees - one in pol. sci and the other in comp. sci. (Hey conservatives, guess who's paying? It's you!)

getting ready to start my 2nd year, but haven't really gotten into the "meat" yet. Just trying to satisfy all the prerequisites at this point, which will probably take me another 2 years to accomplish at this rate, lol.

I think it's funny they call politics a "science"... it's really more of an art form, like drama =)

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Hahaha...nice post dude.

Actually when I checked last (5 years ago) the average household income of Dems was higher then Repubs. Dems cover the Sunbelt states where wages are generally higher.

The Dems are paying for you.

I'm taking 1 fucking guitar theory class at a community college in SoCal. I always thought the per unit fee was low and agree with the fee increases...for now, but for one class you still need a parking permit and a class book. One class = $200 after all the BS. Not counting the guitar, picks and strings.

There is so much ass there I could care less really. I had to stop working out at SDSU's Aztec rec center.

It was a see of pie. I could knit a sweater with all the wool at that gym. I'm so frustrated with chicks now. I need to go back.