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And now, let the lobbying begin.
Although the inauguration is nearly three months away, President-elect Barack Obama and his team already are hard at work on plans to address the rapidly deteriorating economy and continue repairing the battered financial sector.
Financial services, housing, energy and the auto industry are among the biggest sectors of the economy whose executives will be hoping — and lobbying — to benefit early in the new administration.
Among the most pressing problems is the rapid contraction of the auto industry, as sales have collapsed amid the credit crunch, deepening economic slowdown and sharp pullback in consumer spending. Obama is expected to meet in the next few weeks with the CEOs of General Motors, Ford and Chrysler to try to shore up the industry’s finances and head off the potential loss of millions of industry-related jobs.
Although financial markets have stabilized somewhat, and the credit freeze has begun to thaw, the repair of the financial services industry will be another pressing concern for the Obama administration. Given the sweeping powers Congress granted the Treasury under the $700 billion financial industry bailout bill last month, the beneficiaries could be broad-ranging.
Details of the plan are still taking shape and "there is little clarity" about major components of the program, Daniel Tenengauzer, head of global currencies strategy at Merrill Lynch, said in a note to clients Wednesday.
Another area likely to get attention early in the Obama administration is the energy sector. Obama has proposed spending $150 billion over 10 years to develop alternative energy sources including wind, solar and ethanol.
"It may not all be corn-based ethanol," said Christine Tezak, an analyst with the Stanford Group. "But a big component of Obama's goal is to bolster our domestic security by fostering fuels. And that includes renewables like ethanols, whether from corn or whether from cellulose."
Obama might not be as friendly to the nuclear industry. Although the Bush administration worked hard to jump-start a “renaissance” in construction of nuclear power plants, a plan enthusiastically supported by Sen. John McCain in his losing campaign, the Obama campaign has been lukewarm on nuclear, citing the problems of waste disposal and proliferation.
“He's tepid on nuclear,” said Branko Terzic, a former member of the Federal Energy Regulatory Commission and now a consultant with Deloitte. “He said he's waiting for the scientific evidence on waste disposal and some other issues. So I don't think nuclear will be a high priority in the Obama administration.”
Big Oil producers and refiners may face the loss of tax incentives that were a cornerstone of the Bush administration’s energy policy. This year's spike in energy prices prompted Obama to propose forcing oil companies to set aside a “reasonable share of their record-breaking windfall profits” to help consumers pay for gasoline. But it remains to be seen whether Congress would go along with the idea.
The battered housing industry is also seeking relief from the new administration, which faces decisions on a number of issues that have effectively been on hold in the final weeks of the campaign. Among them is the long-term future of mortgage giants Fannie Mae and Freddie Mac. The government takeover of the two companies helped stop their financial hemorrhaging, but the long-running debate over whether to rebuild them — or split them up —now begins again in earnest.
So will the debate over how much further the government should go in providing relief for millions of homeowners facing foreclosure. A housing relief bill enacted last summer stopped short of direct government intervention. But in recent weeks, Federal Deposit Insurance Corp. Chairwoman Sheila Bair has been pressing a plan to use money from the financial rescue package to provide government guarantees for failing mortgages.
Democrats in Congress have also pushed unsuccessfully to change federal bankruptcy law to allow judges to modify home loans; that idea could find new support in Obama’s housing relief efforts.
As the impact of $100 billion in special tax rebates this year has faded, Congress is already considering another government spending package to get the economy going again. This time around, governors and other state and local officials are pressing for federal support for hundreds of projects to rebuild roads, water and sewer systems that are ready to go but lack funding. Contractors, raw materials suppliers and construction equipment makers would be immediate beneficiaries of that spending.
Given the pressing economic problems, Obama’s pledge to reform the health care system may get pushed further down on the list of priorities. But given the rising burden of health care on private industry and the government, it remains a major issue. Drugmakers could see price controls, although expanded insurance coverage could increase their customer base. Health care providers could be squeezed by cost-control efforts.
Political analysts have credited Obama with using technology to power his campaign. The president-elect has also enjoyed strong support from the high tech sector, including a high-profile endorsement from Google CEO Eric Schmidt. Now some in Silicon Valley expect Obama to return the favor.
“This is one of the youngest presidents the United States has ever had,” said venture capitalist Steve Westly. “He's forward looking. He understands the power of technology. He's someone who has grown up in a different era than past presidents. I think that’s going to be very good news for Silicon Valley.”
For all the debates, position papers and speeches, it remains to be seen how much of Obama’s agenda will become law. The first-term senator will have to draw on different skills as he assembles a Cabinet, navigates a new role as leader of the executive branch of government and confronts some of the biggest problems the country has faced in generations.
But Obama’s success in winning one of the country's longest and toughest political campaigns is a promising sign that he has those skills, according to former General Electric CEO Jack Welch. (Msnbc.com is a joint venture of Microsoft and GE's NBC Universal.)
“If you look at management skills with execution as one of the real issues, this guy demonstrated, without question, the best execution I've ever seen in a presidential campaign and maybe management execution,” said Welch. “He came from a basement start-up to build an organization that was flawless. This is a manager. This is a real manager.”
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{"commentId":3916495,"authorDomain":"amymuniz417"}
{"commentId":3916739,"authorDomain":"accrew4"}
The market has already spoken, just like this country. Stock market lower, dollar value lower, and expectations of early recovery gone.
Jack Welch great example of leadership, your stock has fallen how far??????? Over 50% in the last 12 month's and almost 10% sence Obama was elected. Ha! Ha!
{"commentId":3916739,"threadId":"410867","contentId":"2076861","authorDomain":"accrew4"}
- 2 votes
#2 - Wed Nov 5, 2008 3:58 PM EST{"commentId":3917318,"authorDomain":"cb78750"}
OBAMA 2008; deal with it! haha
{"commentId":3917318,"threadId":"410867","contentId":"2076861","authorDomain":"cb78750"}
- 10 votes
{"commentId":3918737,"authorDomain":"wilberta"}
AC Robertson
The economy TANKED however under GW/McSeniles watch....and nobody is ever
going to forget that...
{"commentId":3918737,"threadId":"410867","contentId":"2076861","authorDomain":"wilberta"}
- 12 votes
{"commentId":3920822,"authorDomain":"jazzandsneaky"}
AC, didn't you read the articles about the new figures on unemployment? The report coming out on Friday is expected to show that 200,000 people lost their jobs last month. Economists state that the figures are much higher than expected and the market is responding with a downturn.
{"commentId":3920822,"threadId":"410867","contentId":"2076861","authorDomain":"jazzandsneaky"}
- 4 votes
{"commentId":3921775,"authorDomain":"donnamw8"}
Hey, AC... remember who is still president? Wow, now you have someone to blame besides GW. The economy is in such a mess, and it will be that way for a very long time. REALLY, most of the American people get that. However, I most of us want to give the other side a chance..... deal with it.
{"commentId":3921775,"threadId":"410867","contentId":"2076861","authorDomain":"donnamw8"}
- 2 votes
{"commentId":3922612,"authorDomain":"demswillendus"}
{"commentId":3922891,"authorDomain":"barbershopleadol"}
{"commentId":3923964,"authorDomain":"bethanyannray"}
Why should we have given him a chance???!?!! Because of his experiance? WHAT HAS HE DONE TO EARN IT????? One of you sheep tell me what he has done in his long political life?? God America has lost its mind they voted in catch phrases and empty promises!!! GOOD JOB GUYS LETS WATCH THE BLEEDING CONTINUE!!! NOW WE NEED CHANGE!!
{"commentId":3923964,"threadId":"410867","contentId":"2076861","authorDomain":"bethanyannray"}
{"commentId":3925076,"authorDomain":"mikeanddonna57"}
How soon will it be that we hear that the Democrats in the House and Senate give themselves BIG pay raises!!!!!
{"commentId":3925076,"threadId":"410867","contentId":"2076861","authorDomain":"mikeanddonna57"}
- 3 votes
{"commentId":3925715,"authorDomain":"randomsample"}
i hope that obama does enough to shut you goose-stepping republicans up! tho i'm sure he never could. the last 8 years of bush and republican rack and ruin have nearly crippled this country...
you need to give the guy a shot, isn't that what you said about bush as he dragged this nation into the gutter...
we have nowhere to go but up after the bush years.
{"commentId":3925715,"threadId":"410867","contentId":"2076861","authorDomain":"randomsample"}
- 1 vote
{"commentId":3925918,"authorDomain":"estcst-1"}
random sample, if you really think that this is as low as the nation can go ("we have nowhere to go but up") than you're very short on your knowledge of history. But than again, look at who you elected... a man who said that the US just went through it's worst economic crisis in a century... hey dimwit, you ever heard of the great depression?
{"commentId":3925918,"threadId":"410867","contentId":"2076861","authorDomain":"estcst-1"}
- 2 votes
{"commentId":3925990,"authorDomain":"jburnett"}
This time there will be no republicans for the democrats to hang their stupid mistakes onto! It's going to be fun watching them pointing fingers at each other. We all need to remember that the left was attacking Bush for breathing as soon as he was elected... not waiting for him to be sworn in before they swore at him.
There is always a silver lining and I guess the good about this is that two of the worst senators are no longer in the senate!
{"commentId":3925990,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 1 vote
{"commentId":3926153,"authorDomain":"randomsample"}
sorry guys, you had everything, had it all... you blew it. all the bluster and chest thumping, the warmongering, the my way or the highway attitude. you guys coulda, woulda, shoulda... too bad you f**ked up, big time.
don't you have a party to mend and assault more rights with?
you lost, in a big way. this last 8 years were not as bad as the civil war, but that was gonna happen next if you guys stole this election. too many votes to fudge this time tho.
you lost, this was a national slap to the face to all that the republicans have wrought on this country.
go cry me a river, go to paraguay... or just go away and sulk.
{"commentId":3926153,"threadId":"410867","contentId":"2076861","authorDomain":"randomsample"}
- 3 votes
{"commentId":3926273,"authorDomain":"demswillendus"}
{"commentId":3926291,"authorDomain":"randomsample"}
silly sheep... you realize you have a say in what will happen... unlike the bush term.
why are you guys so bitter? you coulda had it all, you coulda been a contender, not a pretender.
we will fix your stupid ugly mess. with or without your help.
{"commentId":3926291,"threadId":"410867","contentId":"2076861","authorDomain":"randomsample"}
- 2 votes
{"commentId":3928102,"authorDomain":"bev-votta"}
You must take a few economic courses at a reputable college, AC. You have no clue as to what is going to transpire over the next year or two.
Get educated, then come back and defend your point. You have nothing to base your opinion on and your theories are empty.
{"commentId":3928102,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
{"commentId":3935659,"authorDomain":"alykatma"}
Bush is still president, Obama wont be in power till Jan 09. Hopefully he gets his act together quickly and doesnt let another 9/11 happen like Bush did.
{"commentId":3935659,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
{"commentId":3936005,"authorDomain":"ronfrancis32"}
Oh how short the memory of a dembot is. All of the housing problems that came to fruition recently were started with a man from Arkansas in office. I'm not saying Bush did a good job on the economy but when he tried to deal with some of the problems the democrats voted as one against him so they could pass the blame and get their guy in. It was all one big game at the expense of the American people. Both sides get plenty of blame, it wasn't just Bush. The silver lining here is now that the democrats have the house, senate and oval office, there is no one to pass the blame to when they screw up more. But to be fair, if they do a good job I'll stand up and applaud them.
{"commentId":3936005,"threadId":"410867","contentId":"2076861","authorDomain":"ronfrancis32"}
{"commentId":3942804,"authorDomain":"accrew4"}
Bev_OKC_Citizen,
What do you me to defend Welch????? GE stock 9/1/07 $42.07, 11/5/08 $20.98, and currently $18.25 glad you think he is doing his fiduciary responsibility to the stock holders. Oh, that is right he is blaming it on GW Bush's policies.
Just like Obama is already blaming GW saying it will be soo hard to make any quick changes. Ever sense Obama has been elected the stock markets around the world have fallen, FACT.......The USA stock market has fallen over 800 points, FACT........
{"commentId":3942804,"threadId":"410867","contentId":"2076861","authorDomain":"accrew4"}
{"commentId":3917539,"authorDomain":"bobket"}
yeah! i started laughing as soon as welchs name was mentioned maybe he can be assistant secretary of bailouts!
{"commentId":3917539,"threadId":"410867","contentId":"2076861","authorDomain":"bobket"}
- 1 vote
#3 - Wed Nov 5, 2008 4:17 PM EST{"commentId":3918434,"authorDomain":"widemoto"}
What we are seeing is Congress already back to "business as usual" preparing to divert tax payers money by way of lobbying by special interest groups who represent corporations and big money.
The job losses are averaging 200,000 a month currently and increasing, there is going to be a huge need for benefits and assistance for these people. They also may lose their homes and ability to provide for their families.
Yet, money is still being given to banks, insurance companies and even billions more to foreign banks in South of our border. You can bet we are going to get taxed out of our skulls and have higher prices and inflation with even more job losses. The loss of consumer confidence and ability to spend be worse causing more job losses in an ever growing vicious cycle.
The new Administration and Congress will be facing some very angry voters and citizens if this keeps up any longer. All we need now is for the gas prices to start climbing up again since the election is over.
{"commentId":3918434,"threadId":"410867","contentId":"2076861","authorDomain":"widemoto"}
- 4 votes
#4 - Wed Nov 5, 2008 4:39 PM EST{"commentId":3920768,"authorDomain":"StormAZ"}
Tad, I think you can count on the gas prices to start climbing now that the election is over. And we still have until Jan 20, before the new administration takes office. God help us make it that long, but even then it takes time to get things working. This isn't going to be an overnight fix.
{"commentId":3920768,"threadId":"410867","contentId":"2076861","authorDomain":"StormAZ"}
- 4 votes
{"commentId":3921360,"authorDomain":"roadlesstraveled"}
We need to be watching Bush, he has power until Nov 30, 2008.
We need the Media's help to make sure Bush does not put the final nail in our coffin...he was busy hammering while we were voting.
Media, we need your help to watch bush and Washington until Nov. 30, 2008! HELP you can
{"commentId":3921360,"threadId":"410867","contentId":"2076861","authorDomain":"roadlesstraveled"}
- 1 vote
{"commentId":3923493,"authorDomain":"patb-1"}
Exactly, the auto industry has crappy gas guzzling products that's why they are bombing. We wanted more gas mileage 30 YEARS AGO! The housing industry built enough for people who could really buy homes for the next five years, they are done. Health care is so out of this world expensive NOONE can really afford it so they are screwing that up themselves. This all sounds like bad products that are taking a capitistic hit like they should. Giving them MORE money just extends the agony...
{"commentId":3923493,"threadId":"410867","contentId":"2076861","authorDomain":"patb-1"}
- 1 vote
{"commentId":3924089,"authorDomain":"bethanyannray"}
Pat.....not all of us live to drive a 4 cyl..........Health care is a privilege....not a right!
.......your retarded...that is clear now someone needs to hit you in the head with a hammer....did you check under the bed for buggy men?
{"commentId":3924089,"threadId":"410867","contentId":"2076861","authorDomain":"bethanyannray"}
- 1 vote
{"commentId":3924805,"authorDomain":"patb-1"}
We have technology to make a 12 cylinder car that gets 100 mpg. If you want to hit me with a hammer come on over you better bring an army. If you haven't noticed health care has become standard for illegals. If you are so callous that you think people should die if they don't have money good luck in Hell.
{"commentId":3924805,"threadId":"410867","contentId":"2076861","authorDomain":"patb-1"}
- 1 vote
{"commentId":3926233,"authorDomain":"jburnett"}
A couple of things I noticed... Toyota makes cars in the US, Honda makes cars in the US and Subaru makes cars in the US. They all use American workers. Ford makes cars in Mexico. Chrysler makes cars in Canada. Why are just Ford, Chrysler and GM involved with the talks? It seems that those companies that build cars in the US, using US workers, should take a priority over the companies building abroad, even if they are 'American' companies.
BTW, Pat, I had an Olds LSS with a supercharged 3.8 that could run with just about any car around and got 30 to 33 on the highway... a big, comfortable problem free car that cost about the same as a loaded foreign car in it's class. Of course, GM didn't advertise it and ended up shutting Olds down.
{"commentId":3926233,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
{"commentId":3926369,"authorDomain":"dawnbelotti"}
Health care is a right. There should not be a decision as to whether someone is treated for an illness or not. Whether someone should receive life saving treatment or not based on if they have money or not. We aren't talking about botox. We are talking about basic health care which should not be considered a privilege.
{"commentId":3926369,"threadId":"410867","contentId":"2076861","authorDomain":"dawnbelotti"}
{"commentId":3918535,"authorDomain":"wilberta"}
We will have to hold Obama's feet to the fire on LOBBYIST...although he didn't use them for
his Campaign I'm pretty certain he will have no use for them in His Administration
{"commentId":3918535,"threadId":"410867","contentId":"2076861","authorDomain":"wilberta"}
- 3 votes
#5 - Wed Nov 5, 2008 4:41 PM EST{"commentId":3920849,"authorDomain":"greg33z28"}
you really need to read more if you beleive thet
{"commentId":3920849,"threadId":"410867","contentId":"2076861","authorDomain":"greg33z28"}
- 1 vote
{"commentId":3923652,"authorDomain":"redtbird"}
Wilberta-
Seriously?? How on Earth do you suggest "we" hold his feet to the fire?? Who? Where? and When?
{"commentId":3923652,"threadId":"410867","contentId":"2076861","authorDomain":"redtbird"}
{"commentId":3926015,"authorDomain":"estcst-1"}
You mean lobbyists like the AARP and the NRA? In a country of corporate interests it's the little sway that we can get collectively as Americans. These groups are made out of people who pay dues, real people. Don't try to pull that blanket statement about lobby groups being bad.
{"commentId":3926015,"threadId":"410867","contentId":"2076861","authorDomain":"estcst-1"}
{"commentId":3926331,"authorDomain":"jburnett"}
It's amazing what 'dreams' people attribute to Obama! "He'll do this, he'll solve that, he'll walk on water and fly faster than a speeding bullet"! He's nothing more than a slick politican who can read a teleprompter and speak well. He's a puppet to the money people behind him and he's fooled over half the voters in this country into believing he's capable of working miracles in his first executive job. Dream on!!
{"commentId":3926331,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 1 vote
{"commentId":3928275,"authorDomain":"bev-votta"}
Isn't it great! He's already taking on many financial strategies.
What a man, what a leader and he's not even in the White house yet. Something to aspire to, Jim Bo!!!
{"commentId":3928275,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
{"commentId":3919910,"authorDomain":"tdemay"}
Obama already has acted early on the economy. Just be being elected the stock market dropped almost 500 points.
Obama, Reed, Pelosi - take my wallet - yes we can
{"commentId":3919910,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 7 votes
#6 - Wed Nov 5, 2008 5:21 PM EST{"commentId":3920620,"authorDomain":"neb-husker84"}
The market dipped as a reaction to the reports released today indicating that last quarter a large number of jobs were lost and the service industry has slowed significantly. Please at least wait until he takes the oath before you start blaming...
{"commentId":3920620,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 5 votes
{"commentId":3920698,"authorDomain":"tdemay"}
Sure, so that's your story... I like mine better!!! LOL
{"commentId":3920698,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 2 votes
{"commentId":3920962,"authorDomain":"celiaarm"}
Gimme me a break...it's been in on a roller coaster ride now for over a month. This election has not made a twit of difference
{"commentId":3920962,"threadId":"410867","contentId":"2076861","authorDomain":"celiaarm"}
- 4 votes
{"commentId":3921243,"authorDomain":"tdemay"}
CCArm - I couldn't have said it better. Thank you!
"This election has not made a twit of difference" ... you are right... NOR WILL IT!!!
{"commentId":3921243,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 4 votes
{"commentId":3921417,"authorDomain":"roadlesstraveled"}
thats not why the market dropped, it dropped because Bush was doing terrible things while we were distracted by the election.
This(stock market) is what we call "Big Oil" and "Bush & buddies" throwing a fit.
{"commentId":3921417,"threadId":"410867","contentId":"2076861","authorDomain":"roadlesstraveled"}
{"commentId":3921470,"authorDomain":"roadlesstraveled"}
We need to be watching Bush, he has power until Nov 30, 2008.
We need the Media's help to make sure Bush does not put the final nail in our coffin...he was busy hammering while we were voting.
Media, we need your help to watch bush and Washington until Nov. 30, 2008! HELP you can
{"commentId":3921470,"threadId":"410867","contentId":"2076861","authorDomain":"roadlesstraveled"}
{"commentId":3922065,"authorDomain":"rwolak"}
All you "Bush haters" are ridiculous. Remember who has been in charge of the Congress for two years---the Democrats. The President, regardless of who he is, is nothing more than a figure head. What blows my mind is that the people of the USA have put a Democrat in the Presidency with a Democratic Congress that has a 9% favorability rating. The only way Obama is going to make anything of his Presidency is to "grow some gonades" and go against his party occassionaly. He hasn't shown that ability in the past. This may be another Clinton election----give the Dems two years to screw things up, throw them out of office, Obama goes "centralist", things get accomplished with a GOP congress and a centralist Dem president.
{"commentId":3922065,"threadId":"410867","contentId":"2076861","authorDomain":"rwolak"}
- 2 votes
{"commentId":3922703,"authorDomain":"crowne2"}
This is another JIMMY CARTER presidency: A big loser four years with someone who knows nothing or has any executive experience!
{"commentId":3922703,"threadId":"410867","contentId":"2076861","authorDomain":"crowne2"}
- 2 votes
{"commentId":3922896,"authorDomain":"StormAZ"}
Bob, that's right the Dems have controlled the house and senate for two years. Before that the Republicans controlled the house, senate and executive branch for the previous six years. How could you forget that?
Republicans have a different grasp on reality.
{"commentId":3922896,"threadId":"410867","contentId":"2076861","authorDomain":"StormAZ"}
- 1 vote
{"commentId":3923091,"authorDomain":"barbershopleadol"}
{"commentId":3923548,"authorDomain":"patb-1"}
Of Brobama doesn't stand up to the Pelosi Gang, It's the Pelosi Parliament for the next four years. You though GW was bad......
{"commentId":3923548,"threadId":"410867","contentId":"2076861","authorDomain":"patb-1"}
- 2 votes
{"commentId":3923699,"authorDomain":"redtbird"}
Why would he want to stand up to the Pelosi Gang??
{"commentId":3923699,"threadId":"410867","contentId":"2076861","authorDomain":"redtbird"}
- 1 vote
{"commentId":3924177,"authorDomain":"bethanyannray"}
Again ........you have mental issues!! Here come socialism and Marxism!!! Hold on tight America!! And ta-da we have our first affirmative action president!!! YAY!!!
{"commentId":3924177,"threadId":"410867","contentId":"2076861","authorDomain":"bethanyannray"}
{"commentId":3924409,"authorDomain":"bethanyannray"}
do you even know who nazi pelosi is?
{"commentId":3924409,"threadId":"410867","contentId":"2076861","authorDomain":"bethanyannray"}
- 1 vote
{"commentId":3924666,"authorDomain":"patb-1"}
Can you read???
{"commentId":3924666,"threadId":"410867","contentId":"2076861","authorDomain":"patb-1"}
- 2 votes
{"commentId":3928376,"authorDomain":"bev-votta"}
Tommie D.....
If you knew anything about economics, it's bound to happen.
If you want to complain about this country's state of financial affairs, you should've complained to Bush and the likes of his aristrocratic fat-cat, money mongers.
Put your jealousies aside and deal with the fact that Dem's have always had much more concern over the nation's economic situations and this too will change; for the better!
{"commentId":3928376,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
{"commentId":3928820,"authorDomain":"demswillendus"}
{"commentId":3928854,"authorDomain":"demswillendus"}
{"commentId":3936394,"authorDomain":"alykatma"}
How can you even talk about tax and spend when Bush administration has set record in spending. At least with Democrats you know they will spend it on Americans and create jobs in the process, not on unecessary wars. It will take many years of Democratic rule to fix this mess.
{"commentId":3936394,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
{"commentId":3938467,"authorDomain":"martvol"}
GLOBAL POVERTY ACT, yeah, that sounds local.
{"commentId":3938467,"threadId":"410867","contentId":"2076861","authorDomain":"martvol"}
- 1 vote
{"commentId":3946599,"authorDomain":"demswillendus"}
{"commentId":3960477,"authorDomain":"mhelwig"}
martvol-GREAT POST!!! You can also add the Jubilee Act! Yeah lets cost the american taxpayer an extra $920 Billion for the world's problems! It is amazing how uneducated some people are when it comes to our monetary policy. It does not matter if you are a Republican or Democrat....they both fleece the hell out of us with taxes and inflation!!
{"commentId":3960477,"threadId":"410867","contentId":"2076861","authorDomain":"mhelwig"}
{"commentId":3920107,"authorDomain":"ruffwesley"}
Am I the only one that the stock dropped over 6000 points BEFORE Obama was elected? The recent six day rally was a dead cat bounce, a bull trap and not based on any real gains. The Dow is going to drop even lower but it was already going down in flames.
{"commentId":3920107,"threadId":"410867","contentId":"2076861","authorDomain":"ruffwesley"}
- 4 votes
#7 - Wed Nov 5, 2008 5:28 PM EST{"commentId":3920195,"authorDomain":"tdemay"}
Yea, but Obama was supposed to fix all that just by being elected. Heck, he had little old ladies thinking HE was going to pay for their gas and their mortgage payments. Got their votes... Heck, if he can walk on water, he can hold the stock market up... LOL
{"commentId":3920195,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 5 votes
{"commentId":3922656,"authorDomain":"atcs"}
Wes,
You're right, and Fannie and Freddie were major contributors. Too bad the Democrats who were defending Fannie and Freddie in 2004 didn't listen when there were people tellling them that they needed to put regulations in place or there could be catestrophic results. And, yes, John McCain was one person trying to get those regulations in place. The Demolishcrats were too busy pandering for votes from people who couldn't qualify for a home loan and berating the people warning them about the impending doom. But, of course, the media was too busy oohing and awing over "the one" and slinging trash all over the airwaves to take their precious Despicocrats to task for their decisions. And then all those people doing koolaid shots went to the polls because the media, Matt Damon, Oprah, and the rest of the ultra-liberal crowd told them to vote for Obi-One Messiah. Bunch of lemmings.
{"commentId":3922656,"threadId":"410867","contentId":"2076861","authorDomain":"atcs"}
- 2 votes
{"commentId":3923205,"authorDomain":"barbershopleadol"}
{"commentId":3923281,"authorDomain":"demswillendus"}
{"commentId":3923647,"authorDomain":"chi-chi"}
Yea PURE coincidence that after a week of rallying the market dived on the same day Obama the messiah got elected, PURE coincidence that my employer (rich people) decided on that same glorious day of Obamas win, they lay off 600 people. The reason the market has been diving is for two months is because once Obama opened his can of worms confiscation of wealth plan, The rich have been taking the steps to protect their wealth from Obamnesia and ObidenHood.....the only bounce has been hope that McCain would win, and once Obama won the market dived 648 points on the GLORIOUS news of the messiahs coming.
{"commentId":3923647,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 2 votes
{"commentId":3924351,"authorDomain":"bethanyannray"}
Well.........sh*t has hit the fan, and not because of Bush, you cry baby libs need to look little farther back for that. Now one of two things will happen.....nobama will either be the next carter or Regan...my money is on carter. Can't wait till Russia flexes a little harder and nobama smites them with his lazerbeams shot out of his arse!
{"commentId":3924351,"threadId":"410867","contentId":"2076861","authorDomain":"bethanyannray"}
- 1 vote
{"commentId":3925287,"authorDomain":"ruffwesley"}
Wake up people, NO party is completely guilt free in regards to this economic crisis.
There were two major contributing factors, the Community Reinvestment Act on the Democrat side of the aisle and the deregulation on the Republican side. The solution caused by these factors happened under a Republican President and a Democratic Congress who approved the bailout paid for by you and me, the taxpayers! The Dems didn't benefit, the Repubs didn't benefit, last time I checked 401ks plummeted regardless of your party affiliation, but the both parties helped the rich out big time! They made money off of interests on bad loans and then when the companies tanked the taxpayer bailed them out. It was a win win for them. To blame the state of the economy on the President-elect is incorrect.
{"commentId":3925287,"threadId":"410867","contentId":"2076861","authorDomain":"ruffwesley"}
{"commentId":3925417,"authorDomain":"demswillendus"}
{"commentId":3926113,"authorDomain":"estcst-1"}
I love it, the market falls by roughly 6000 points and it's all Bush's fault but a 1500 point gain is just a "dead cat bounce" and the 500 point drop the day after an election is just coincidental? Get real.
{"commentId":3926113,"threadId":"410867","contentId":"2076861","authorDomain":"estcst-1"}
- 2 votes
{"commentId":3926357,"authorDomain":"ruffwesley"}
Yes. It is. In economics a "dead cat bounce is a figurative term used by traders in the finance industry to describe a pattern wherein a spectacular decline in the price of a stock is immediately followed by a moderate and temporary rise before resuming its downward movement, with the connotation that the rise was not an indication of improving circumstances in the fundamentals of the stock. It is derived from the notion that "even a dead cat will bounce if it falls from a great height."
Also read my posts before replying, you're obviously missing the main point.
{"commentId":3926357,"threadId":"410867","contentId":"2076861","authorDomain":"ruffwesley"}
{"commentId":3928561,"authorDomain":"bev-votta"}
At least one other person in this forum is financially knowledgeable and literate.
My God, there is no lack of ignorance in here. I wish some of these people would stop being so incredibly negative towards a man that is willing to take on the disasters left behind from our failed leader and his enterege.
This country needed a clean sweep years ago, so here we go.
Pull up your big boy pants and stop complaining!
Try investing some energy in helping to clean up this country, so we can live healthier and happier. Simple words, simple actions, simplier solutions...if we all ban together.
{"commentId":3928561,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
- 1 vote
{"commentId":3936472,"authorDomain":"alykatma"}
What was the republican majority doing while Clinton, Dodd and Frank were ruining the economy???
{"commentId":3936472,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
- 1 vote
{"commentId":3946641,"authorDomain":"demswillendus"}
{"commentId":3920227,"authorDomain":"tdemay"}
Ok, so when an organziation calls looking for donations, from now on, I just tell them to call Obama. He is in charge of redistributing my wealth!
{"commentId":3920227,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 5 votes
#8 - Wed Nov 5, 2008 5:33 PM EST{"commentId":3923226,"authorDomain":"barbershopleadol"}
{"commentId":3923530,"authorDomain":"demswillendus"}
{"commentId":3928273,"authorDomain":"bhatgirl"}
tired: That bit about business destroying welfare systems, can I use that? It's hysterical.
{"commentId":3928273,"threadId":"410867","contentId":"2076861","authorDomain":"bhatgirl"}
- 1 vote
{"commentId":3928940,"authorDomain":"demswillendus"}
{"commentId":3920292,"authorDomain":"kat-lenz"}
no Wes, I was also painfully aware. It cannot be blamed on the elections.
{"commentId":3920292,"threadId":"410867","contentId":"2076861","authorDomain":"kat-lenz"}
- 2 votes
#9 - Wed Nov 5, 2008 5:35 PM EST{"commentId":3920499,"authorDomain":"tdemay"}
I do know that too. Just poking around a little...
We all have a long haul ahead of us. I was a strong McCain supporter. Now that Obama is in, i will support him. He is (will be) our President. We need to respect the office. He is a smart guy. I may disagree on a few of his policies, but I will take him at face value and believe that he will listen to the opposition. He will have to if we are ever really going to get out of this.
I am also happy for the preceived change of oppinion on the international front. We needed it!!!
{"commentId":3920499,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 7 votes
{"commentId":3921031,"authorDomain":"celiaarm"}
Yay Tom! Glad to see you are a respectible guy!
{"commentId":3921031,"threadId":"410867","contentId":"2076861","authorDomain":"celiaarm"}
- 2 votes
{"commentId":3929194,"authorDomain":"bev-votta"}
DITTO! Smart guy, Tom D!
{"commentId":3929194,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
{"commentId":3920604,"authorDomain":"husker62"}
I see Obama will have his first Top Secret Presidential breif in the morning. Funny, he can't even be arroved for a Secret clearance due to his past associations. Oh well America, if you think he is out savior, your wrong. He has made too many promises he can't keep. Time will tell but I think he will fail and blame to Republicans for that too.
{"commentId":3920604,"threadId":"410867","contentId":"2076861","authorDomain":"husker62"}
- 4 votes
#10 - Wed Nov 5, 2008 5:45 PM EST{"commentId":3920763,"authorDomain":"tdemay"}
Can't blame the republicans any more. The beautiful thing is that the democrats have had the senate and the house for two years now. Now that they have the white house, there is no place left to hide behind. The either fix it, or take ALL the blame. Doesn't matter what happend before Obama takes office. That is just an excuse... fair play, same rules apply to Obama...
{"commentId":3920763,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 6 votes
{"commentId":3920991,"authorDomain":"leza-k"}
Geez...even Ted Stevens (R - Alaska) who was convicted was elected back into office...some people just don't know when to quit.
It is too bad we can't have an emergency referendum to have Obama sworn in next week.
{"commentId":3920991,"threadId":"410867","contentId":"2076861","authorDomain":"leza-k"}
- 4 votes
{"commentId":3921348,"authorDomain":"greg33z28"}
like that's going to help
{"commentId":3921348,"threadId":"410867","contentId":"2076861","authorDomain":"greg33z28"}
- 2 votes
{"commentId":3921371,"authorDomain":"neb-husker84"}
Huskerfan,
From this Husker graduate, 1984, I can only say that at least we traded a D student for an A student. I think we have much better odds than we did with the folksy cowboy. JMHO
{"commentId":3921371,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 4 votes
{"commentId":3922414,"authorDomain":"demswillendus"}
{"commentId":3922445,"authorDomain":"husker62"}
Well said TomD, hit the nail on the head.
{"commentId":3922445,"threadId":"410867","contentId":"2076861","authorDomain":"husker62"}
- 1 vote
{"commentId":3923163,"authorDomain":"StormAZ"}
My, my! All the whining that's going on, although I guess it's not too surprising given the way this election captured the public's imagination.
Whatever, Obama won, and come Jan 20, he'll be sworn in as president. Can't change that, so might as well suck it up and get used to it. Give the guy a chance before you start the blame game.
{"commentId":3923163,"threadId":"410867","contentId":"2076861","authorDomain":"StormAZ"}
{"commentId":3923439,"authorDomain":"husker62"}
I don't trust him, he made too many promises he can't keep. That said, I hope I'm very wrong and he suceeds for the betterment of all Americans. Time will tell, just don't blame the Republicans when the Dems have the House, Senant and White House. Nowhere to hide now. Put up or shut up time Obama.
{"commentId":3923439,"threadId":"410867","contentId":"2076861","authorDomain":"husker62"}
- 3 votes
{"commentId":3923722,"authorDomain":"patb-1"}
Every election is full of promises which most are not kept. This one is no different. At least this guy can talk.
{"commentId":3923722,"threadId":"410867","contentId":"2076861","authorDomain":"patb-1"}
- 1 vote
{"commentId":3923812,"authorDomain":"husker62"}
Typical Dem, its not what is said but how well it is said thats important. At least Bush was real, made mistakes as we all do. Slick Willy Clinton is a great speaker, rarely made a mistake, cheated on his wife, ducked the war and smoked pot. Who cares, he spoke his lies well.
{"commentId":3923812,"threadId":"410867","contentId":"2076861","authorDomain":"husker62"}
- 1 vote
{"commentId":3925521,"authorDomain":"daneenn610"}
You are a rascist bigot. If you would have any intelligence at all, you would realize that both McCain and Obama had to get security clearance months ago for themselves and those they would be bringing into the White House during the first couple of months of establishing themselves. The government does this for each election to ensure there is no delay in their being able to began being briefed right away. Oh, by the way.... briefing means that they will be sitting him down and educating him on the high level information which he was not privy to until he became the President Elect.
It is embarrassing to me as an a proud American, to hear the negative comments being spewed by both McCain and Obama supporters. Both of these men are respectable people who have a profound love of this country and although they have displayed it in different areas, have displayed it none-the-less. They both have dedicated their lives to the area of public service. Obama turned down offers of high paying jobs when he graduated top of his class at Harvard to work making lives better in rough neighborhoods in Chicago making a fraction of what he could of earned. McCain, as we all know, served honorably in the military and made great personal sacrifice in the process.
It is okay to disagree with a persons policies and politics but keep in mind that both of these men want the same thing for all of us.... peace and prosperity even if they had different ideas on how to accomplish it. What exactly makes all of you so special that you can attack a person's character just because they may view things differently then you.
{"commentId":3925521,"threadId":"410867","contentId":"2076861","authorDomain":"daneenn610"}
{"commentId":3926230,"authorDomain":"estcst-1"}
Here it is! Not even 24 hours after the election and we already have a winner! Anyone who criticizes Obama in any way will be forced to wear the "racist" label around their neck. Wow! It's great to be free.
{"commentId":3926230,"threadId":"410867","contentId":"2076861","authorDomain":"estcst-1"}
- 2 votes
{"commentId":3928992,"authorDomain":"demswillendus"}
{"commentId":3929247,"authorDomain":"bev-votta"}
Education would serve you well, Husker. Your composition, spelling, grammar, punctuation is questionable and so is the content.
It's never too late to invest in your education!
{"commentId":3929247,"threadId":"410867","contentId":"2076861","authorDomain":"bev-votta"}
- 1 vote
{"commentId":3937485,"authorDomain":"robert-wrobel"}
BEV_OKC I read Huskers posts. His composition, spelling, grammar, and punctuation seem fine to me.
{"commentId":3937485,"threadId":"410867","contentId":"2076861","authorDomain":"robert-wrobel"}
- 1 vote
{"commentId":3920625,"authorDomain":"mokey1057"}
barry obama cannot make anyone buy a car or a house if they don't have the money. He is going to do exactly what anyone else would do when it comes to the economy, nothing. It is going to take too long to rectify the situation and he promised way too many people way too many things and this will make it impossible for him to fix the economy without raising taxes. God Bless America! His first bill to sign will be the choice bill. you know the one where you can abort a baby by sticking scissors in its head! says alot about a person who can feel this is necessary or moral.
{"commentId":3920625,"threadId":"410867","contentId":"2076861","authorDomain":"mokey1057"}
- 4 votes
#11 - Wed Nov 5, 2008 5:46 PM EST{"commentId":3921362,"authorDomain":"greg33z28"}
Amen
{"commentId":3921362,"threadId":"410867","contentId":"2076861","authorDomain":"greg33z28"}
- 2 votes
{"commentId":3921622,"authorDomain":"neb-husker84"}
That would be "President-Elect Obama" Mrs. Falin'.
{"commentId":3921622,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 3 votes
{"commentId":3923195,"authorDomain":"crowne2"}
to sarahpalin:
Amen! That man making decisions over life issues is really really scary!
{"commentId":3923195,"threadId":"410867","contentId":"2076861","authorDomain":"crowne2"}
- 1 vote
{"commentId":3920654,"authorDomain":"conee-fox"}
{{ "If you look at management skills with execution as one of the real issues, this guy demonstrated, without question, the best execution I've ever seen in a presidential campaign and maybe management execution," said Welch. "He came from a basement start-up to build an organization that was flawless. This is a manager. This is real manager." }}
Our President-Elect already hard at work for AMERICA!
Cynics, go ahead and pretend you know everything about the economy. Pretend you can predict what a disaster Obama will be for the economy. As if it's not already a disaster. I'll bet you won't admit you voted for Bush's trickle down nonsense that is bankrupting this country.
This is change. This is how it happens. This is exciting. The best minds are at work to do the right thing to build back this country. Step One - whatever Bush's cronies did ... don't do that.
{"commentId":3920654,"threadId":"410867","contentId":"2076861","authorDomain":"conee-fox"}
- 10 votes
#12 - Wed Nov 5, 2008 5:47 PM EST{"commentId":3920916,"authorDomain":"tdemay"}
Your ignorance is only exceeded by your stupidity!
{"commentId":3920916,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 6 votes
{"commentId":3921027,"authorDomain":"jazzandsneaky"}
sarahpalin, what are you talking about? What "choice" bill are you referring to?
{"commentId":3921027,"threadId":"410867","contentId":"2076861","authorDomain":"jazzandsneaky"}
- 3 votes
{"commentId":3921485,"authorDomain":"neb-husker84"}
Of course Tom is a clairvoyant rocket scientist.... LOL! Sore loosers are too funny.
{"commentId":3921485,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 1 vote
{"commentId":3923905,"authorDomain":"redtbird"}
Jazz-
She refers to, I think, the Freedom of Choice Act, which from all indications---and I'm just quoting here--is "abortion on demand"....supposedly at any stage, w/o parental notification, etc. Again, what I have heard/read, I did not investigate fully.
{"commentId":3923905,"threadId":"410867","contentId":"2076861","authorDomain":"redtbird"}
- 2 votes
{"commentId":3925041,"authorDomain":"demswillendus"}
{"commentId":3926938,"authorDomain":"jburnett"}
Sorry, but campaigns are not run by the candidate, especially a presidential campaign. There is a campaign manager who basically makes all the decisions and the candidate is a facade for his/her actions. Obama was nothing more than what we all saw... a slick politician who can read a teleprompter and speak well.
{"commentId":3926938,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 4 votes
{"commentId":3934201,"authorDomain":"conee-fox"}
You folks are replying to the wrong message. Pay attention!
{"commentId":3934201,"threadId":"410867","contentId":"2076861","authorDomain":"conee-fox"}
{"commentId":3934227,"authorDomain":"conee-fox"}
VERY WRONG, Jim B. Read something about it so you'll know what you're talking about. The new issue of Newsweek has a behind-the-scenes look at the Obama campaign. Barack was completely in charge of his campaign.
{"commentId":3934227,"threadId":"410867","contentId":"2076861","authorDomain":"conee-fox"}
{"commentId":3935682,"authorDomain":"robert-wrobel"}
The first President elected by the Media!!! If his campaign was run by a manager, did they just elect a campaign manager with a mouthpiece? I say yes.
{"commentId":3935682,"threadId":"410867","contentId":"2076861","authorDomain":"robert-wrobel"}
- 1 vote
{"commentId":3936982,"authorDomain":"alykatma"}
Hopefully Obama will get rid of all the "yes" men and corporate schills that Bush appointed to run our country into the ground
{"commentId":3936982,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
{"commentId":3920808,"authorDomain":"scotto123"}
down 486 points, Thanks Oshama, everyone is really confident in yoou
{"commentId":3920808,"threadId":"410867","contentId":"2076861","authorDomain":"scotto123"}
- 2 votes
#13 - Wed Nov 5, 2008 5:53 PM EST{"commentId":3921072,"authorDomain":"jasonbrombach"}
My stepfather, who is a succesful investor and former CEO, has an appropriate quip: If the prime minister of Russia farts, stocks fluctuate.
{"commentId":3921072,"threadId":"410867","contentId":"2076861","authorDomain":"jasonbrombach"}
- 2 votes
{"commentId":3922730,"authorDomain":"demswillendus"}
{"commentId":3920895,"authorDomain":"erismack"}
Screw the industries (housing, energy and auto makers)! Who is lobbying for the American people?? I don't think another stimulus check is necessarily the answer, but I don't think they should hand any more money to the corporations either.
{"commentId":3920895,"threadId":"410867","contentId":"2076861","authorDomain":"erismack"}
- 2 votes
#14 - Wed Nov 5, 2008 5:56 PM EST{"commentId":3921068,"authorDomain":"hd65"}
Yeah Erica. You're really bright. NOT!!! Without industries there are no jobs. Geeezzz....Where'd these people come from. I think they are all terrorists trying to destroy our country. Quick close the borders. Load your guns. And shoot anybody who looks stupid. LOL!!!! Oh wait, that might not work either. We're screwed.
{"commentId":3921068,"threadId":"410867","contentId":"2076861","authorDomain":"hd65"}
- 1 vote
{"commentId":3921331,"authorDomain":"erismack"}
Not claiming to be an economist, thanks smart a$$. Just calling it how I see it. Hand money to the corporations like AIG so the employees can be treated to spa treatments? No thanks. It is time the government took care of the people who bust their backs day in and day out and make this country work.
{"commentId":3921331,"threadId":"410867","contentId":"2076861","authorDomain":"erismack"}
- 2 votes
{"commentId":3921423,"authorDomain":"greg33z28"}
now we will know who he owes
{"commentId":3921423,"threadId":"410867","contentId":"2076861","authorDomain":"greg33z28"}
{"commentId":3927148,"authorDomain":"jburnett"}
Read the Constitution, Erica, there is nothing there that says the government is to take care of the people! The government is supposed to protect us and regulate trade. There is also nothing in there about killing babies or health care. It only 'guarantees' the Pursuit of happiness... it does not guarantee an equal outcome. As a citizen you have the right to enter the race but you have to actually run if you want to have a chance to win.
{"commentId":3927148,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 2 votes
{"commentId":3933143,"authorDomain":"hd65"}
Oh Erica. Too bad you didn't pay attention in school. Okay, let let all the American companies fail. Okay, now start shooting because anarchy just set in. Nobody has a job and they are looting and pillaging. Boy, that REALLY worked out well wouldn't you say. Geeez. Where is the bird flu when you need it?
{"commentId":3933143,"threadId":"410867","contentId":"2076861","authorDomain":"hd65"}
{"commentId":3921015,"authorDomain":"hd65"}
Oh boy, here we go. He is going to start to act early? I knew he was not telling the truth. He isn't even sworn in yet and is starting his act already. I warned you NObama!!!! Now we pay the price of an actor in the White House.
{"commentId":3921015,"threadId":"410867","contentId":"2076861","authorDomain":"hd65"}
- 5 votes
#15 - Wed Nov 5, 2008 6:00 PM EST{"commentId":3921108,"authorDomain":"jazzandsneaky"}
It's not unusual for a president-elect to start choosing a cabinet and looking at the issues facing him. We face huge challenges and I'm glad our new President-elect Obama is already analyzing what needs to be done.
{"commentId":3921108,"threadId":"410867","contentId":"2076861","authorDomain":"jazzandsneaky"}
- 7 votes
{"commentId":3921690,"authorDomain":"neb-husker84"}
Puck,
Didn't we once have a real "actor" in the White House? Isn't he one of your heros?
{"commentId":3921690,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 3 votes
{"commentId":3922874,"authorDomain":"demswillendus"}
{"commentId":3925687,"authorDomain":"daneenn610"}
Regan was an actor jacka$$ and was one of the great presidents of our time.
{"commentId":3925687,"threadId":"410867","contentId":"2076861","authorDomain":"daneenn610"}
- 3 votes
{"commentId":3933254,"authorDomain":"hd65"}
Uh...his name is spelled Reagan I think. And he was an actor. NObama is not an actor, but he is acting. He is a poser. And now he poses as President. Greatest President of our time....hmmmm...no don;t think so. Nor is he one of my heroes. John McCain would qualify, or General Petraeus would qualify, or any member of the military would qualify as my hero. But not a Reagan. Now lets get back to bombing to the terrorists and any country harboring them. Prepeare the Nukes for deployment. Wow. 4 years of his nonsense. We're screwed. Here is our futrue under NObama:
Perhaps the U.S. should pull out of Chicago ?
Body count: In the last six months: 292 killed (murdered) in Chicago ; 221 killed in Iraq .
Chicago.... Who Runs it:
Senators: Barack Obama & Dick Durbin
Rep: Jesse Jackson Jr.,
Illinois Gov: Rod Blogojevich,
Illinois House leader Mike Madigan,
Illinois Atty. Gen. Lisa Madigan (daughter of Mike),
Chicago Mayor Richard M. Daley (son of Mayor Richard J.
Daley)
.....our leadership in Illinois .....all Democrats.
Thank you for the combat zone in Chicago . Of course, they're all blaming each other!
Can't blame Republicans; they're aren't any!
-State pension fund $44 Bill ion in debt, worst in country. -Cook County ( Chicago ) sales tax 10.25% highest in country. (Look it up if you want). - Chicago school system rated one of the worst in the country.
This is the political culture that Obama comes from in Illinois .
And he's gonna 'fix' Washington politics for us!?!?!?
Wake Up America !
{"commentId":3933254,"threadId":"410867","contentId":"2076861","authorDomain":"hd65"}
- 2 votes
{"commentId":3987003,"authorDomain":"demswillendus"}
{"commentId":3921070,"authorDomain":"tina-7"}
{"commentId":3921103,"authorDomain":"joyce-4"}
First of all he is going to be too busy dealing with the threats from Russia's president today(not that any of our news services bothered to mentioned it). Then he can start dealing with all the illegals who are on our welfare roles. And, then he can give back to the government any money he got from those people on welfare who donated to his campaign. Obviously, they didn't really need the money.
{"commentId":3921103,"threadId":"410867","contentId":"2076861","authorDomain":"joyce-4"}
- 1 vote
#17 - Wed Nov 5, 2008 6:04 PM EST{"commentId":3921166,"authorDomain":"jazzandsneaky"}
Joyce, do you have any figures or facts that people on welfare made donations? If so, please share your factual information.
{"commentId":3921166,"threadId":"410867","contentId":"2076861","authorDomain":"jazzandsneaky"}
- 1 vote
{"commentId":3927330,"authorDomain":"jburnett"}
Obama's aunt is living in a welfare home in Boston and gave $260 to his campaign.
{"commentId":3927330,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 2 votes
{"commentId":3934757,"authorDomain":"drmeier"}
and he said he didn't even know she was living there (Illegally by the way).
{"commentId":3934757,"threadId":"410867","contentId":"2076861","authorDomain":"drmeier"}
{"commentId":3921269,"authorDomain":"tdemay"}
CCArm - I couldn't have said it better. Thank you!
"This election has not made a twit of difference" ... you are right... NOR WILL IT!!!
{"commentId":3921269,"threadId":"410867","contentId":"2076861","authorDomain":"tdemay"}
- 1 vote
#18 - Wed Nov 5, 2008 6:10 PM EST{"commentId":3921390,"authorDomain":"killerpancakes"}
"Obama to make early mark on economy" ???? Yea, a SKIDMARK is what he'll leave. LOL
Thanks to all our soooo liberally based news media, all we ever heard about Obama was good. Most we ever heard about McCain was bad. If the general population only heard this, then OF COURSE they will vote for the person who is made to look like the good guy. Most people are too busy, and have no time to look into each canidate and see what EXACTLY will that person do in his/her presidency.
And so now, the hard-working will be punished, and the lazy will rewarded. What a wonderful idea! Mediocracy, ftw!!!!
(**totally, am a sarcastic kind of person, btw..)
{"commentId":3921390,"threadId":"410867","contentId":"2076861","authorDomain":"killerpancakes"}
- 1 vote
#19 - Wed Nov 5, 2008 6:15 PM EST{"commentId":3921403,"authorDomain":"joyce-4"}
yes, his own aunt that is here illegally and who is on welfare, donated to his campaign. Do you really think that is all?
{"commentId":3921403,"threadId":"410867","contentId":"2076861","authorDomain":"joyce-4"}
- 2 votes
#20 - Wed Nov 5, 2008 6:15 PM EST{"commentId":3921573,"authorDomain":"greg33z28"}
They are blind and will never see through the obama fog. They don't read enough they just believe what they are told.
{"commentId":3921573,"threadId":"410867","contentId":"2076861","authorDomain":"greg33z28"}
- 3 votes
{"commentId":3921656,"authorDomain":"killerpancakes"}
EXACTLY!!!!!
{"commentId":3921656,"threadId":"410867","contentId":"2076861","authorDomain":"killerpancakes"}
- 1 vote
{"commentId":3922048,"authorDomain":"neb-husker84"}
You did see that Obama won the majority vote among college graduates didn't you? Thank God we have the uneducated to show us the light I suppose... I'm going to dinner to celebrate the election of President Obama. You loosers stay here and eat worms!!! :)
{"commentId":3922048,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 3 votes
{"commentId":3927478,"authorDomain":"jburnett"}
Reading resumes from college grads can be quite entertaining, if a person has enough time. I would be embarrassed to write some of the stuff on here that they write in their resume! Many college grads are nothing more than 'educated idiots' with most of them thinking they should be the head of the company after their first week on the job!
{"commentId":3927478,"threadId":"410867","contentId":"2076861","authorDomain":"jburnett"}
- 3 votes
{"commentId":4164341,"authorDomain":"johnny99111"}
Most, if not all, college grads have no clue on how the real world works. Thats why they vote for peace and love. Wait 10 years and most of them are republican because they have 6 figure incomes and are sick of paying for the policies they voted in they were college grads.
{"commentId":4164341,"threadId":"410867","contentId":"2076861","authorDomain":"johnny99111"}
{"commentId":3921662,"authorDomain":"chi-chi"}
Obama gets elected and the Stock market takes a dive!! after being on its way up. This is just a foreboding sign of things to come under National Federal Socialism. Same type of government Hitler used to prop up the German economy before it all came crashing down. I thought I heard that his election to President would calm the markets. Some calming effect huh? Oh! by the way..I'm a USW Union member and today the RICH company I work for that pays me $25.00 an hr or over $30 if you count the benefits, well they reacted to the news of Obama being elected and promptly will layoff over 600 people. This is no coincidence, they are preparing for the TAXATION or Confiscation and redistribution of their wealth with those who don't or won't work for a living . The National Federal Socialist taxation results will roll down hill to protect their bottom line and CEO Bonuses. I had no problem with their bonuses so long as I make a decent living with nearly perfect healthcare and bennies, but now Obama is going to destroy any real paying jobs by playing ObamaHood. Stock market dives and 600 laid off all on the same day he was elected.....he is working real hard alright, but socialism never works and neither does redistribution of wealth. Now some of my co-workers who voted fro him are out on the street and I'm not. Lets see how they like long unemployement lines and free government cheese over a decent Union salary.
Wonder how Obamanationis going to repay all those lobbyists who contibuted to his campaign.
{"commentId":3921662,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 2 votes
#21 - Wed Nov 5, 2008 6:25 PM EST{"commentId":3924057,"authorDomain":"redtbird"}
Jack--
You make alot of sense....Weimar Republic, Act II.......read your history folks, and I don't mean the revisionist history....
And then read Atlas Shrugged as fast as you can, because then you will know what is coming, and what to do.
{"commentId":3924057,"threadId":"410867","contentId":"2076861","authorDomain":"redtbird"}
- 3 votes
{"commentId":3928452,"authorDomain":"bhatgirl"}
Anyone know the way to Atlantis?
If so, don't post here.
{"commentId":3928452,"threadId":"410867","contentId":"2076861","authorDomain":"bhatgirl"}
{"commentId":3936636,"authorDomain":"robert-wrobel"}
Desertgirl
Anyone know the way to Atlantis? If so, don't post here.
What are you talking about? If its about the above post, "Atlas Shrugged" is a fantastic book written by Ayn Rand. If you are talking about the television show(?), I pity your educational background. Log off this site and go read a book.
{"commentId":3936636,"threadId":"410867","contentId":"2076861","authorDomain":"robert-wrobel"}
- 1 vote
{"commentId":3921776,"authorDomain":"joyce-4"}
It just amazes me that not one of the major news organizations have mentioned anything about the threat Russia's president made this morning. The canadian papers reported it. Their comment was that the U. S. was too busy celebrating Obama's win to notice. Well, not all of us are celebrating and some of us are very fearful because of his inexperience. I did not vote for Bush and I did not vote for Obama. Bush scared the hell out of me because I thought he would get us into a war with Iraq which he did. And, Obama scares the hell out of me because he doesn't have any idea what to do with a threat from a foreign government. Same diff.
{"commentId":3921776,"threadId":"410867","contentId":"2076861","authorDomain":"joyce-4"}
- 1 vote
#22 - Wed Nov 5, 2008 6:28 PM EST{"commentId":3925374,"authorDomain":"mikeanddonna57"}
Joyce- Russia's president made a threat this morning. No, I did not hear that. Like you said, why have we not heard about this on the news.
Oh wait a minute - is this the terrible disaster that Joe Biden was saying that is going to happen 6 months after Obama is elected President.
Well I guess we better start counting - 6 months after January 20 is June20th.
{"commentId":3925374,"threadId":"410867","contentId":"2076861","authorDomain":"mikeanddonna57"}
{"commentId":3928489,"authorDomain":"bhatgirl"}
There was also the airstrikes from both Israel and Gaza yesterday. As well as something in Afghanistan (at a wedding I think)
As usual, this country is too wrapped up in itself to notice events in the rest of the world.
{"commentId":3928489,"threadId":"410867","contentId":"2076861","authorDomain":"bhatgirl"}
{"commentId":3921878,"authorDomain":"neb-husker84"}
If you take a look, you will find that low income and minority loans are only a small percentage of the sub-prime lending and sub-prime lending is only part of the meltdown. Deregulation is a much bigger culprit. They turned the market into a casino and the GOPers are way too glad to pay the bill for their banker friends. That is why they lost the election!
{"commentId":3921878,"threadId":"410867","contentId":"2076861","authorDomain":"neb-husker84"}
- 3 votes
#23 - Wed Nov 5, 2008 6:32 PM EST{"commentId":3922123,"authorDomain":"chi-chi"}
Better get your facts straight since McCain and GOP tried to introduce legislation to regulate Freddie Mac and Fannie Mae and Barney"Want some candy little boy" Frank and Dodd along with help from a lobbyist firm squelched it. But its ok now...the Dems have nobody to blame or kick around after Bush leaves office. Only themselves!!!
{"commentId":3922123,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 2 votes
{"commentId":3926417,"authorDomain":"estcst-1"}
If you think that deregulation was the culprit than you better blame Bill Clinton because he admits to it. I guess it sucks not to know this history.
{"commentId":3926417,"threadId":"410867","contentId":"2076861","authorDomain":"estcst-1"}
- 2 votes
{"commentId":3934864,"authorDomain":"drmeier"}
what the hell is this, Chris? Are you talking about the bailout bill for the "bailing out bankers" comment you made? REview the voting count on that. Many more democrats than republicans voted for. Bush presented bill but his original bill was only 3 pages and unbelievably after all the "earmarks" were added, it was over 400 (FOUR HUNDRED) pages.
{"commentId":3934864,"threadId":"410867","contentId":"2076861","authorDomain":"drmeier"}
{"commentId":3937394,"authorDomain":"alykatma"}
I repeat since when did GOP or Bush ever listen to Dems. They had the majority and the White House and did nothing. That bill you all like to attribute to McCain never made it to Senate floor for vote, And McCain did not add his signature to the bill till May 2006, 2 months before the bubble burst and 10 months after it died. Again the Repubs had majority and let the bill die. Cant blame either Party, but I blame Repubs more since they had control of congress for 12 years.
{"commentId":3937394,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
{"commentId":3921911,"authorDomain":"chi-chi"}
Get ready for Liberal back peddling......no way he can give 95% of us a tax break and still pay for all he promised. Even if he heavy hand taxes the rich, they will never collect enough money to pay for the PROGRESSIVE DOMESTIC PROGRAMS the Dems said they want. Remember McCains add about the shadow over Washington and Obama and Dems big government. Stay tuned as Obama and the Dems like Hitler usher in NATIONAL FEDERAL SOCIALISM.
The third Reich was suppose to last a thousand years, this reich will not last 2 when mid term elections in Congress arrive and people pay the Bums back for bailing out Wall Street. Congress has the lowest approval rating in over 100 years, even lower than Bush. You see people did not vote fro Obama, they voted against 4 more Years of Bush. But they have not forgotten the do nothing congress of the last 2 years.
{"commentId":3921911,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 2 votes
#24 - Wed Nov 5, 2008 6:33 PM EST{"commentId":3924142,"authorDomain":"redtbird"}
Jack-
The back pedaling was introduced in his speech last night...."might take 2 terms...." and there will be MUCH more to come..
{"commentId":3924142,"threadId":"410867","contentId":"2076861","authorDomain":"redtbird"}
- 2 votes
{"commentId":3934254,"authorDomain":"conee-fox"}
I voted FOR Obama.
He will end the Bush-Cheney war of lies in Iraq and bring that money back home. For starters.
{"commentId":3934254,"threadId":"410867","contentId":"2076861","authorDomain":"conee-fox"}
- 1 vote
{"commentId":3937484,"authorDomain":"alykatma"}
Ending Bush war for profit will save $10 billion a month for starts
{"commentId":3937484,"threadId":"410867","contentId":"2076861","authorDomain":"alykatma"}
{"commentId":3921919,"authorDomain":"terryomsn"}
It seems that France, Japan, China and other countries are using nuclear power instead of oil. France uses nuclear material from older weapons INSTEAD of disposing of it. It's hard to believe that this country, with the amount of weapons material that we are burying can't use it to some advantage. Is France that much smarter than us? Or does big oil have Obama's ear (pocket) on not developing real alternatives to oil?
{"commentId":3921919,"threadId":"410867","contentId":"2076861","authorDomain":"terryomsn"}
- 1 vote
#25 - Wed Nov 5, 2008 6:33 PM EST{"commentId":3922229,"authorDomain":"chi-chi"}
Bleeding heart liberals like Obama and Dems don't want nuclear power. They hate big oil profits which by the way pail in comparision to the taxation Uncle Sam takes from us. Thats right compare the percentage of profit big oil made and the percentage of taxes you pay due to government taxation, no wonder Obama blames Big Oil and the rich..he needs to steer you away from the thought of the real culprit...BIG GOVERNMENT and the 16th Amendment to the US Constitution.
{"commentId":3922229,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 1 vote
{"commentId":3928530,"authorDomain":"bhatgirl"}
True, but in this country it's necessary to reinvent the wheel. Again. And again. And again. And....well, I think you get the point.
{"commentId":3928530,"threadId":"410867","contentId":"2076861","authorDomain":"bhatgirl"}
{"commentId":3922092,"authorDomain":"joyce-4"}
My son made a little over a million last year. He paid a little over $500,000 in taxes. My brother, who voted for Obama, commented that he should have better tax shelters to hide his money from the government like Warren Buffet does.
If I made my son's money and had to give half of it to the government, I would be livid. Or, why should a person like Warren Buffet be able to not pay his fair share? Warren Buffet likes to brag that he makes more than most people but pays less in taxes than his secretary. Why doesn't he share his secret of how to do that with the rest of us so we also can pay the government less?
{"commentId":3922092,"threadId":"410867","contentId":"2076861","authorDomain":"joyce-4"}
#26 - Wed Nov 5, 2008 6:39 PM EST{"commentId":3922488,"authorDomain":"chi-chi"}
Sorry but you better go ahead and get livid since the hidden taxation of Americans with any money from any source of income is taxed. You pay over half of your income a year in taxes. That makes the King of England and the Boston Tea party seem like nothing at all now doesn't it. Our founding fathers woudl roll over in their graves if they saw the 16th Amendment. They would also ask "What are you doing to your bill of rights" The corner stone of all our other rights is the first one..."The right of the people to petition the government fro a redress of their grievances" Recently when the US Supreme court was ask to rule on this very basic and corner stone right by the "WE THE PEOPLE FOUNDATION" they ignored it. Can you imagine what that means....your cornerstone right was never address meaning all other assaults on our rights cannot be stopped either since the Supreme court now protects the tyrant Government and ignores even a simple answer for Liberty and Justice. We are in deep trouble folks and only a ttrue American Revolution will fix it. I don't think it will happen in my lifetime and Obama will usurp the law just as all other politicians before him have.
{"commentId":3922488,"threadId":"410867","contentId":"2076861","authorDomain":"chi-chi"}
- 2 votes
{"commentId":3928583,"authorDomain":"bhatgirl"}
I read something somewhere that suggested Buffett's "income" was only 100k, below Obama's threshold.
As for the rest of his wealth, no idea. Swiss bank accounts? The Caymans?
Agree about the next Revolution. Time and place please? Obviously, don't post it here.
{"commentId":3928583,"threadId":"410867","contentId":"2076861","authorDomain":"bhatgirl"}
{"commentId":3936712,"authorDomain":"robert-wrobel"}
I think YOU should stop posting here.
{"commentId":3936712,"threadId":"410867","contentId":"2076861","authorDomain":"robert-wrobel"}
- 1 vote
{"commentId":3922280,"authorDomain":"xikaiden"}
I doubt all of those in the housing crisis are "all" part of the bad loans group. Look at how many people have lost their jobs just in the last few months. And with no job, no money for morgages, no money for cars, etc. Theres several things that have to be targeted. Not just the wallstreet end. And if they do decide to so some second stimulus, they could just take some of the funding for it out of the 700+billion dollar bailout thats already been approved. That way no one would have to worry about that raising the federal deficite.
{"commentId":3922280,"threadId":"410867","contentId":"2076861","authorDomain":"xikaiden"}
#27 - Wed Nov 5, 2008 6:45 PM EST{"canLink":false,"threadId":"410867","isPrivate":false}
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