Liberals not pleased with Obama

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PWND

Activists recall his promises as a candidate and express frustration at his equivocation as president. They cite stem cell research and the detainee policy as examples.

LMAOROFL! Man, I could give 10-20 more broken promises as examples, but every time I mention any his followers tell me to “give the man a chance” (yeah, ’cause so many on the left gave Bush a chance I guess?).

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Seriously, give the man a chance. He has 4 more years to continue to seriously disappoint us. Who would have thought that all those promises about change, were just currency to buy votes? I never would have guessed that he couldn’t keep them all. Its a good thing that the obamatrons are hard wired, or else there would be a lot of pissed off people.

Scott,

Your comparisons are laughable.
Bush had 8 years of time to show us he was worth something.. he Failed!

I am not unhappy with Obama at all.

@Real American Patriot:

I am not unhappy with Obama at all.

When you have no standards, it’s difficult to be disappointed.

Real American Patriot.

How about just one blaring example of the President’s hypocrisy. Just one. And perhaps you can realize he is not the end-all-be-all president but just another politician.

President Obama campaigned on a number of promises. However, the one recurring theme was the politics of fear. He lambasted, as still does, former President Bush for using 9/11. However, the irony is lost on him. He has been on the bully pulpit around his economic package. Read this quote and tell me if it is not fear mongering:

And if nothing is done, this recession might linger for years. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse. By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression.
– President Obama

Is that not fear mongering. To say we could slip into a crisis so severe we would never be able to work our way out of it? To say, without action, we are doomed to enter another Great Depression?

While he states all of this, I have evidence that his stimulus plan has been tried twice. Once under President Roosevelt. You might want to think about his politics of fear in the “Princes of Greed” speech. Many economists believe he stretched that recession for 7 more years due to his policies.

But, let’s look at something more recent. Japan’s Lost Decade. Here’s an excerpt from the Bloomberg article:

“Japan’s rural areas have been paved over and filled in with roads, dams and other big infrastructure projects, the legacy of trillions of dollars spent to lift the economy from a severe downturn caused by the bursting of a real estate bubble in the late 1980s. During those nearly two decades, Japan accumulated the largest public debt in the developed world”, totaling 180 percent of its $5.5 trillion economy, “while failing to generate a convincing recovery.

But I guess we can’t really discuss reality around the likes of Obama supporters who see nothing but a conspiracy against the object of their affection.

I want to give him a chance. He is giving us change, but in the end, I think that’s all we’ll have. Change. No money.

But the Iranians are warming to Obama.

Geostrategy-direct is reporting …

The United States has abandoned its policy of sanctioning companies that aid Iran’s nuclear and missile program, they said.

The officials said the new Obama administration of has decided to end sanctions against Iranian government agencies or companies that aid Teheran’s missile and nuclear program. The officials said Israel has been informed of the new U.S. policy.

“We were told that sanctions do not help the new U.S. policy of dialogue with Iran,” an official said.

I thought there were no pre-conditions.

Broken promises? From a politician? Well, who didn’t see that coming a mile away? Oh, I guess the answer to the last question is all those people that voted for Obama, but those of us that live in the real world kinda figured you can’t trust any politician – regardless of the rhetoric.

Sheesh, why do people have the nerve to act surprised about Obama? Did they really buy that crap about “a new kind of politics” and “change”? Eesh!

Bush had 8 years of time to show us he was worth something.. he Failed!

Yeah, doing major damage to AQ? That’s nothing to be proud of. Establishing democracy in an Arab nation? That’s nothing to be proud of. Allowing Israel to do what needed to be done and, therefore, strengthening ties with our principal Middle East ally? That’s nothing to be proud of.

Sarcasm? What’s that mean?

@chipset:

Just a quick note to bring you up to speed on RAP.

He once posted here under the screen name “Sky55110” but then, after belcowning himself repeatedly, and being shown to be an utter fool, he was too ashamed to reappear under that moniker.

Sky55110 is an absolute stranger to truth or factual arguments. He’s deeply wedged in Obama’s backside and will never see things any other way.

He periodically dashes in, slings some poo, and dashes out again before he can see if any of it sticks.

Sky55110 has repeatedly proven himself worthy of no more than a line or two of snappy rejoinder.

He also voted for Al Franken. Nuff said?

i love how they bitch among themselves, but if a conservative mentins obama’s failing to follow through on his promises they absolutely flip out. love to see them go nuts, it really is far more fun than watching divorce court. they get all frothy at the mouth and still scream its bush’s fault. i wonder how that works, did bush hold a gun to obama’s head and ask him to lie repeatedly? umm, nope.

My absolute FAVORITE has to be the Obama line that his admin “inherited” this deficit and recession. Yeah, ok. WHO controlled Congress and did oversight for the last 2yrs? Who was a LAME (ie, can’t do anything) duck? Who left the campaign to come to DC and push the TARP legislation through while promising there’d be transparency and safeguard? What a straightup, in your face distortion of reality…., and yet he gets away with it.

i wonder how that works, did bush hold a gun to obama’s head and ask him to lie repeatedly? umm, nope.

What will it be like when Chris Matthews and Keith Olberman wake up to GWBptII? Yeah, it might take a year or two, or an attack on this country or that, but really, no one could have imagined that Obama would break so many promises so quickly. 4wks into his admin, and I look back at his nomination acceptance speech….I can’t see any he hasn’t broken or encroached.

Bit by bit…the media’s worm is turning (Jake Tapper at ABC leads the pack), and The Infallible One is being proven to be W Bush Two.

@Scott Malensek:

My favorite part is when Obie bashes Bush about the deficits when he (Obie) voted FOR $700 billion of it himself.

My favorite part is when Obie bashes Bush about the deficits when he (Obie) voted FOR $700 billion of it himself.

To be fair, what Obama and the Dems are saying is that the same folks who doubled the Federal debt from 5 to 10 trillion dollars shouldn’t be lecturing us on running a deficit.

The hypocrisy of the newly converted.

It’s an entirely fair point.

– Larry Weisenthal/Huntington Beach, CA

It’s an entirely fair point.

Thank you.

It’d be interesting to see what it was 2001-2006 vs 2007-today. I saw a Bloomberg article that claimed something like 9.7 TRILLION had been spent since last fall (that’d be the dems, no?)

One other comment I’d like to make is the following:

On this blog, I’ve seen frequent references to both the New Deal and Japan’s “Lost Decade” as arguments against a government stimulus.

One comment which is ridiculous is that the New Deal “prolonged the Depression by 7 years.” Given that Roosevelt didn’t take office until 1933 and economists peg the end of the Depression as the 1939 ramp up for war, that’s mathematically impossible (the 7 year “prolongation”). The other thing is that the New Deal wasn’t at all like the current “stimulus” package. In particular, the really toxic part of the New Deal was the so called “National Recovery Administration,” which was blamed for creating cartels and stifling competition. There is nothing like the NRA in the current stimulus.

http://money.cnn.com/2009/02/10/news/economy/yang_newdeal.fortune/index.htm

With regard to Japan, that experience actually does support Obama’s claim that it is an “emergency” to get the stimulus legislation passed and off the ground. Japan’s own economists blame their prolonged problems on their failure to act at once, until long after a deep feeling of economic hopelessness had set in.

http://www.guardian.co.uk/business/2008/sep/30/japan.japan

As I keep saying, I am personally the most conservative person one could find with regard to the economy. I think that all budgets should be balanced, and I’d never cut taxes a nickel without cutting spending a nickel, nor would I raise spending a nickel without raising taxes a nickel. The only exceptions would be for true investments, of the same type that I might make in running a business. Investments which would allow me to realize future profits, in a time frame which would allow me to pay off any money I needed to borrow to finance my investments.

But I really do believe that there is enormous hypocrisy going on, with all this talk of “generational theft,” from a party which presided over the greatest generational thefts in history.

>>It’d be interesting to see what it was 2001-2006 vs 2007-today. I saw a Bloomberg article that claimed something like 9.7 TRILLION had been spent since last fall (that’d be the dems, no?)<<

If you come across a link, I’d like to read the details.

How many Bush vetoes did the Dems override?

– Larry Weisenthal/Huntington Beach, CA

Again Larry, I’d like to know when the big defict, debt doubling thing happened? Was it before/after the Dems took Congress? Additionally, let’s recall that IF Repubs are to blame as you’re suggesting for the “greatest generational theft” in history, then can one responsibly and accurately mention that without mentioning the fact that Repubs were voted OUT of both houses of Congress for their actions or even that very same perception? I’d hate to be the one suggesting that it’s ok to put the country 9-10 TRILLION dollars in the hole because Repubs put the country in the hole and didn’t get away with it, but somehow Dems can do twice as much and be held LESS to account?

@Scott Malensek:

Here are some figures for you from the Treasury Direct website.

I keyed in 1/19/2001 because that is the closest day to President Bush’s first inauguration.
The figure was: $5.728 Trillion

The last day before of Rep control of Congress was 1/3/2007.
The figure was: $8.677 Trillion

Increased by $2.949 Trillion over 6 years = . 4915 Trillion per year.

~~~~~

The first day of Dem control of Congress was 1/4/2007.
The figure was: $8.671 Trillion

The figure for today 2/16/2009 is: 10.759 Trillion.

Increased by $2.099 Trillion over 2 years = 1.088 Trillion per year.

~~~~~

Of course that bill Obie signs into law tomorrow will drastically change those figures.

His upcoming effort to address the mortgage issue will affect it as well.

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The editorial which accompanies the graphic is here.

@openid.aol.com/runnswim:

One comment which is ridiculous is that the New Deal “prolonged the Depression by 7 years.” Given that Roosevelt didn’t take office until 1933 and economists peg the end of the Depression as the 1939 ramp up for war, that’s mathematically impossible (the 7 year “prolongation”).

You’ll have to argue with these economists about that one Larry.

Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.

After scrutinizing Roosevelt’s record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.

Here’s more:

Such often-stated claims are incorrect. Misguided federal policies caused the downturn that began in 1929, and they prevented the economy from fully recovering for a decade. Policy blunders by the Federal Reserve, Congress, and Presidents Herbert Hoover and Roosevelt battered the economy on many fronts. The events of the 1930s influence economic
policymaking today. Many people think that we need a big government to prevent, or to reverse, recessions. But the 1930s illustrate that activist policies increase, not decrease, economic instability. Government interventions reduce the flexibility that markets need to adjust to shocks and return to growth.

Robert Higgs, of the Independent Institute, talks with EconTalk host Russ Roberts about the Great Depression, the New Deal, and the effect of World War II on the American economy. Using survey results, financial data, and the pattern of investment in the 1930s, Higgs argues that New Deal policies created a climate of uncertainty that prolonged the Great Depression. Using consumption data, he argues that prosperity did not return during wartime, but rather after the war when government intervention in the economy subsided.

So, there we have several economists expressing the same opinion that the New Deal extended the Great Depression.

Unlike the author of your source, I am unwilling to simply toss a TRILLION dollars down a rat hole using our “best guess” as to whether it will work or not.

No economy in the history of the world has ever spent its’ way out of a recession.

It’s never happened.

Wall Street reacted to Obama’s plan today:

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UPDATE: Down 284.58 (3.63%) @ 1:19pm

Final update, 4:04pm, post bill signing.

Yeah, the stock market is really feeling stimulated.

Photobucket

Aye: I think the Dow story, going back to Geithner’s big debut, needs to be a post in itself.

The five day drop has been 718 points. How much is that in lost wealth? Greater than the cost of the stimulus bill I’ll wager.

I’m totally pissed over the incredible amount of debt Washington just dumped on us, our children, grandcildren etc.. They did not have to pass this expensive of a bill. This is not stimulus, it’s total fiscal irresponsibility. They are screwing future generations with political pork, pet projects, and a plethera of wasteful spending. just so they can bypass the regular budget process, all in the name of “Stimulus” And the MSM just pats us on the head.

Hell Obama and the Democrats haven’t even figured out where they are going to get the money to pay for this boondoggle. At least the costs for the Iraq war were stretched out over a decade. And you can bet that this won’t be the only unfunded spending bill the Democrat controlled Congress and White House will pass. How are we going to pay for this?! What if they cant fund it?

IMO, If the founding fathers were alive today, they would be organizing a new revolution.