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Obama calls GOP 'Pledge' echo of disastrous decade

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Yes, idiot Republicans like Bush, helped screw up the US and WORLD economies, drive them into the ground, but if you are the lucky few selling oil, guns and ammo, like Dick Cheney etc..well you will be doing great economically as the rest of America suffers in pain. May the GOP burn in HELL!

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You know a political party is in trouble when their whole reason for voting for them is that they are the lesser of two evils.

Obama is gonna go down in history as a worse president than Carter.

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“The new agenda embodies Americans’ rejection of the notion that we can simply tax, borrow and spend our way to prosperity,” said one of its authors, California Rep Kevin McCarthy. “It offers a new way forward that hasn’t been tried in Washington — an approach focused on cutting spending

Thanks for giving me a laugh this morning congressman. He thinks what is going on is because somebody is trying to achieve "prosperity"!!! Not sure which is worse. The possibility that he might actually believe what he says, or the the possibility that he cynically thinks that there are millions of confused Americans who will believe it. Probably the second, at least I hope so for his sake.

It is obvious that the transfer of wealth and looting of America by the bankers and the Ponzi-rich is not going to be stopped voluntarily. It will only stop when the whole thing crashes down under the weight of its own corruption and stupidity, and huge government deficits are necessary to keep that from happening. Mr. McCarthy can claim all he wants that his party will shrink government, but that is just because he is a clown who wants his team to drive the train. They won't actually do anything more than put on a show and do some accounting tricks because any rogue politician who doesn't follow orders from his masters will soon find himself facing a big scandal or involved in an "accident".

You can bet the house on it, if you still have one.

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You know a political party is in trouble when their whole reason for voting for them is that they are the lesser of two evils.

You know a country is in trouble when one of its two viable parties is right about saying that the whole reason for voting for them is that they are the lesser of two evils.

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Obama and the Dems should admit the only thing their porkulus maximus did was bloat the debt, and do what the GOP is advocating - cut taxes, government regulation and spending, but they still don't get it, they think more government spending and control is the answer.

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Bring military spending back to 1990 levels. It's grandma or guns at this point.

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do what the GOP is advocating - cut taxes, government regulation and spending,

Actually the best thing that could happen for the USA would be for the Republicans to get control of the Senate and House this year so that people could see that they have no intention of doing what they are "advocating". Or if they are really, really stupid, do what they are advocating and people would then see the chaos when they trigger a deflationary collapse. But I don't think that will ever be allowed to happen, so it will be the first choice.

Which of course explains why certain elements inside the Tea Party are actively trying to sabotage the Republican party in the 2010 elections, because they don't want to screw up the big money jackpot in 2012 that they think will be theirs if they let the Democrats continue to hold the bag.

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“The Republicans who want to take over Congress offered their own ideas the other day. Many were the very same policies that led to the economic crisis in the first place, which isn’t surprising, since many of their leaders were among the architects of that failed policy,”

Hit and sunk. Bang on.

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Which of course explains why certain elements inside the Tea Party are actively trying to sabotage the Republican party in the 2010 elections, because they don't want to screw up the big money jackpot in 2012 that they think will be theirs if they let the Democrats continue to hold the bag.

Ooooh. I do loves me a conespeeracy.

Can we have some names, faces to put on these "certain elements" ?

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U.S. President Barack Obama says Republicans’ plan to slash taxes and cut spending if the GOP retakes the House in November is no more than “an echo of a disastrous decade we can’t afford to relive.”

Obama is the echo, of the Jimmy Carter era. We want our country back. We want our liberty back.

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Can we have some names, faces to put on these "certain elements" ?

Here you go then. Tea Party Express, Sal Russo.

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Here you go then. Tea Party Express, Sal Russo.

And for every Russo there is an Andy Stern. The diff being Stern sends his SEIU thugs out to intimidate and do violence at 'tea parties' and rallies.

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

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MisterCreosote seems to be upset with the staccato posting. Perhaps he'll enlighten us as to the views that his party favours? Nah... it'll just be more, "I'm against what's happening vote for me" crap.

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Obama just keep falling in the polls. It's clear that like most 'progressives' he does not understand economics or holds anything but Marxist - socialist schools in contempt.

All we get now is the worn-out class war rhetoric his mentors Bill Ayers and Jeremiah Wright spoon fed him.

Leadership ?

Obama can't even rally his own party.

They put off last Friday the vote on the so-called Bush Tax Cuts until after the November mid-terms. That is far more newsworthy than Whiner-in-Chief echoing Jimmy Carter...

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Perhaps Obama can garner voters' sympathy by telling us the economic crisis is not his fault because he "inherited" the current House and Senate.

RR

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Looking at what's happened and what the U.S. is doing is kind of like that song by the Talking Heads . . . "We're on the road to nowhere".

Anyway, Obama is between a rock and a hard place regarding the sticky mess he's inheritted. It's gonna take a long time to get out of this hole that's been dug for him & us, and to think of the Republicans taking the ball back is like giving the keys back to the arsonist responsible for the building he's burnt down.

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the sticky mess he's inheritted.

If he wasn't up to the job he should not have run for the office. Enough of the excuses. Move aside, let real leaders lead and let America be America.

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". . . let the real leaders lead and let America be America."

When you say "real leaders", do you mean leaders like GW Bush & Dick Cheney?

Leaders like that are not part of the solution but a huge part of the sticky mess we're currently in.

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Cutting spending and reducing the size of government is long overdue.

As a taxpayer, I have no problem with the republicans pledge; it's more then what the democrats can run on. They certainly can't run on their failed policies so they have to resort to mud slinging.

RR

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One thing I could never understand about the GW Bush and the GOP was how they could give huge tax cuts and launch fairly big military invasions (followed by occupation & nation building) at the same time.

Can you explain that if you're so concerned reducing the size of government?

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MisterCrosote - "Move aside, let real leaders lead and let America be America."

There's none on the conservative side except an overly suntanned guy and a bunch of intellectually-challenged misfits who created the mess in the first place.

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RomeoRamenII "Cutting spending and reducing the size of government..."

The mantra! The mantra! lol!! :-)

Pity how conservatives can never specifically explain how this can be done.

Romeo, you forgot to add 'And usher in eternal world peace.' :-)

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stormcrow - the bush GOP was the first U.S. government in history that didn't raise taxes to pay for not 1 but 2 wars.

In fact, they CUT taxes at a time of war. Yes, when they knew costs were going to explode, they cut their income.

No one - housewife, business owner, anyone with any sense of fiscal responsibility whatsoever would do something as stupid as that.

And yet the GOP did.

And now, they're back - same pig - different lipstck - proclaiming to be "fiscal conservatives."

It's probably best that only the extremists and fiscally-challenged who are actually buying the GOP's spin.

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Typical outburst from the Marxist Obama.

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Obama's right in a sense; it's an echo of 1994. Heh heh heh.

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When you say "real leaders", do you mean leaders like GW Bush and Dick Cheney? Leaders like that are not part of the solution but a huge part of the sticky mess we're currently in.

Bush without the silly, conciliatory nods to "liberal" policy makers who no doubt applauded 'No Child Left Behind" etc. and things like his misguided tariff on steel imports.

Blame for the economic meltdown I put at 70 Dem 30 Repub, but the American consumer shares a lot blame with them. Bush made something like 17 different appeals to Congress to rein in and reform Freddie and Fanny but Dems weren't having any of it.

He never wanted a war on 2 fronts. I doubt he imagined that while we were fighting on one front - against Islamofascism in Iraq and Afghanistan - the "liberal" media and Democrats would politicize the war and even aid our adversaries. They fought Bush and our armed forces. That much is clear from a look at the "anti-war" movement in America. It is dead because it was never about war, it was about Bush hatred.

That said, I look around and think the Republicans have a wealth of talent - Paul Ryan, Mitch Daniels, Chris Christie, Mike Pence, to name but a few.

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MisterCreosote - "He never wanted a war on 2 fronts."

ROFL!! He didn't have to start them.

The fact is, he CHOSE to start 2 wars.

Then cut taxes and chanelled billions to the rich.

Oh, and you can come up with the fact that many Democrats also voted for the war, but where did they get their information from?

Oh year, presented to Congress after being vetted and edited by the WH and the Pentagon.

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Sushisake3 - mate, have a smoko, chill a bit. You need to read my post again. Iraq and Afghanistan are the same front - in the war against Islamofascism. The second front was at home, where Bush and his administration had to fight traitorous "Liberals who sought to undermine the war effort.

Oh, and you can come up with the fact that many Democrats also voted for the war...

Yes, I can come up with that. And easily. Check the Congressional record. Our current Sec of State, chosen by Obama himself, was for the war in Iraq.

,

but where did they get their information from?

Bill Clinton, Jay Rockefeler, Howard Dean , Madeline Albright,John Edwards . Just watch the video http://www.youtube.com/watch?v=N5p-qIq32m8

Less yabber mate, more research.

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MisterCreosote - "Iraq and Afghanistan are the same front - in the war against Islamofascism."

You need to check your facts and stop making things up.

What - exactlu - was the religious aspect of the invasion/war in Iraq? To my knowledge, the US government never mentioned anything about a religious connection, state or aspect with regards to the Iraq war.

"The second front was at home, where Bush and his administration had to fight traitorous "Liberals who sought to undermine the war effort."

lol!! That's even funnier than your previous comment - what's 'traitorous' about not wanting to embroil your country in 2 unwinnable wars?

Your logic is screwed, if it wasn't so funny. :-)

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MisterCreosote - "Yes, I can come up with that. And easily. Check the Congressional record. Our current Sec of State, chosen by Obama himself, was for the war in Iraq."

Read my comment again.

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SushiSake3 - Ha ha ha!

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The GOP's 'strategy' is nothing more than a re-hash of their past failed policies.

Watch this to find out why -

www.huffingtonpost.com/2010/09/24/stewart-gop-pledge-america_n_737812.html

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My country, which produced the wonderful movie The Wizard of Oz, cannot be destroyed by just 4 years of the disastrous Obama administration. We have suffered immeasurable damage, but our recovery will start when the Democrats are booted out of the House and perhaps the Senate in November, and will accerelate when the Republican or Tea Party presidential candidate takes office in January 2013.

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Sarge - "We have suffered immeasurable damage,.."

Your country sure has. And your two vote for bush were behind it.

"..but our recovery will start when the Democrats are booted out of the House and perhaps the Senate in November, and will accerelate when the Republican or Tea Party presidential candidate takes office in January 2013."

Too funny!! :-)

You mean the same GOP that wrought untold damage on your once proud nation's economy??

That GOP?

Sarge, you're assuming that the same bunch of people who sunk the ship - who only 2 days ago came out with the SAME bunch of failed policies they had before and that brought the economy to its knees - is somehow going to fix the same problems they created?

Sarge, it's the same pig wearing different lipstick. :-)

For your own sake, please get a grip and understand this.

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...our recovery will start when the Democrats are booted out of the House and perhaps the Senate in November...

Democrats are not the problem. The problem is unremitting captiousness and that's not going to stop with a change in Congress. In the current climate the only thing that will lead to recovery is locking the legislators into a room and refusing to let them out until they come up with a coherent plan.

The jobs have gone away and they are not coming back unless we destroy a major portion of the rest of the world's productive capacity. That is one of the things that made us so great after WW2. Americans have to learn to accept leaner times. But we don't wanna.

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"Democrats are not the problem"

Oh yes they are! They and the non-conservative Republicans who voted for increasing taxes and the size of government.

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GOP in "Congress offered their own ideas the other day. Many were the very same policies that led to the economic crisis in the first place"

And, as I understand, the document itself was a retread PDF from many years back. The GOP cannot think of anything new, even to the extent of retyping their tired old pledges.

Nothing has been debated or reconsidered. The GOP want to distance themselves from Bush? Then why accept and then push his era's dogma wholesale? This pledge will be good enough as pablum for the gullible supporters and the Tea Partiers, but I doubt anyone else will fall for it.

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The Republicans are having a great time piling up on Obama right now, but I'm curious as to what would've happened had McCain been the victor in the 2008 presidential election.

Of course these are just possibilities, but the U.S. might have invaded Iran by now, the U.S. auto industry probably would've vanished and the U.S. unemployment rate would've been much higher, especially after the collapse of the auto industry. These are just a few of the possibilities that come to mind when thinking about the "what ifs" concerning how much worse things might have been if we had a Republican president sitting in the White House today.

I don't completely agree with Obama, but he's not the one who burned down the house, is he? The Republicans had their chance to prove themselves. The Republicans controlled both houses during most of GW Bush's 2 terms as president and what we're looking at now are the miserable results.

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John Stewart showed newt gingrich using the exact same words that he used in '94 for their contract on America (which it really was) on The Daily Show. Who you going to believe, the republicans or your lying eyes?

Taka

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If there's any party that could comprehensibly destroy the U.S. economy not once but twice, it's the GOP, and if voters are stupid enough to put the GOP back in power, they will deserve everything they get.

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I almost feel sorry for the guy:

"Six weeks before the election, President Obama couldn’t fill the ballroom at the Roosevelt Hotel, despite cheap tickets on offer. And then he was met by hecklers." The Roosevelt - - in New York. And the story is filed by uber-lib Gail Sheehy. http://www.thedailybeast.com/blogs-and-stories/2010-09-23/obamas-fire-sale/

Mister Creosote

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Im not American so maybe I don't understand but it seems like too many people are willing to defend their party no matter what reality shows. Both parties seem flawed and there aren't enough politicians with the courage to stand up for what would truly be best for the people instead of their wallets. Maybe its time to put ideology aside and put people first.

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How about the USA quit pouring my tax dollars overseas (ie cut spending). If they're really worried about the deficit - what about a symbolic gesture - how about our senators and representatives take a pay cut...sounds good to me...I tighten my belt, you lead by tightening yours. Ha - like that'll ever happen. Most of our politicians no longer feel our pain - they're aloof, disconnected from their voters - who incidentally pay their magnificent salaries.

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Obama and the Dems should admit the only thing their porkulus maximus did was bloat the debt, and do what the GOP is advocating - cut taxes, government regulation and spending

A few questions out of curiosity. Without the stimulus do you think the economy would be better or worse? Doesn't Obama want to keep taxes cut for 95% of the country? Does cutting spending include military?

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If today's GOP had their way, there would have been no stimulus and the economy would have been in way worse shape than it is now. But when bush did a $750 billion bailout and saved some banks and gave all the money away with no checks or ways to recover it, the GOP and conservatives roared their approval. However, when Obama did a bailout and saved some banks as well as the auto industry and added checks and concrete measures to recover it, the GOP and conservatives booed. Why do you think that is?

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If Americans want to see taxes and debt raised, more terrorists created, more jobs sent offshore and more divisions in their already chronically divided society, there's really only one party with the skills, talent and road-tested track record that can do it. Vote GOP and Our Sarah.

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Democrats are proposing to keep the rates where they are for individuals making up to $200,000 and for families earning up to $250,000 — but to hit wealthier individuals and some small businesses with tax hikes in January. Their plan would cost $3 trillion.

What's not being really told is that when the Bush tax cuts die out, the marriage exemption will go from $1000 as it is now under the Bush plan to $500 under the rate when the cuts expire. Not just on those who make greater than $250K but for everyone. So much for Obama saying he is only going after the rich.

The uncertainity of how much of a tax burden the Americans will have to pay, whether from the results of the Bush tax cuts being left to die or from Obama care is keeping people from spending and investig, thus slowing the economy. Business will not expand if they don't know how much they will have to pay in taxes.

What Obama can do, is keep the cuts, and let the public regain a bit of trust in his economic plan. When things get better, he can claim that the "Obama tax cuts" was the key point to the recovery (even though it will still be the Bush tax cuts).

If Americans want to see taxes and debt raised, more terrorists created, more jobs sent offshore and more divisions in their already chronically divided society, there's really only one party with the skills, talent and road-tested track record that can do it. Vote GOP and Our Sarah.

WIth the way the ratings are going for MSNBC, and the rest of the liberal media, you guys are probably hoping for a republican win in November. Then, instead of blaming yourselves and the Dems for the mess, you will have your favorite boogey man back, the Republicans. I am sure their ratings will go back up then.

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If there's any party that could comprehensibly destroy the U.S. economy not once but twice, it's the GOP, and if voters are stupid enough to put the GOP back in power, they will deserve everything they get.

Umm, the voters elected Obama, yeah, they're stupid enough to do that, they're stupid enough for anything. Maybe they're wising up this time, after all, it would be smart to elect the Republicans as a balance to Obamas extremism.

If today's GOP had their way, there would have been no stimulus and the economy would have been in way worse shape than it is now.

Going by the ol Dem playbook. Too bad you're wrong. "Porkulus Maximus" actually made things worse, not better. Better check your facts, and not just throw out wishful thinking.

If Americans want to see taxes and debt raised, more terrorists created, more jobs sent offshore and more divisions in their already chronically divided society, there's really only one party with the skills, talent and road-tested track record that can do it. Vote GOP and Our Sarah.

Think you're confused about parties here Sushi, Dems in 2 years have shown America why Bush was merely Dem Lite. Obama managed to spend more in 2 years then Bush did in 8. You're really making an idiot of yourself, pushing silliness like this.

What's not being really told is that when the Bush tax cuts die out, the marriage exemption will go from $1000 as it is now under the Bush plan to $500 under the rate when the cuts expire. Not just on those who make greater than $250K but for everyone. So much for Obama saying he is only going after the rich.

There are a lot of related taxes that will be increasing under Obama. Such as capital gains taxes. As well as taxes on a whole lot of small businesses. So yeah, it will really harm the economy. Out of curiosity, you guys note that Dems decided not to vote on the tax issue, because they don't want their constituents to use it against them. Quite a few of them are trying to hide their votes for Porkulus Maximus, and Obamas Health Care Scam as well.

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Molenir, if you had chosen to be honest, you would have admitted that Obama has spent so much in large part because of the recession the GOP left him. If the GOP hadn't tanked the economy, would the stimulus spending have been necessary? Of course not - there goes half your argument about spending. I know you are intelligent enough to know this. You do yourself no favors by purposely trying to deceive other posters.

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it seems like too many people are willing to defend their party no matter what reality shows.

Aha, the million dollar question. Why? Because they have been told all their lives that the problems are caused by the other side, and so they believe it. It doesn't matter which side they choose as an individual, as long as it ends up about at about 50/50. Simple divide and conquer. Do they believe it because they are gullible and stupid? Nope they believe it because most people are decent and honest people, and they assume that if somebody presents themselves as an authority or expert then they are. They don't spend 24 hours a day wondering if they are being conned, although they should because they ARE being conned 24 hours a day.

Take for example the ridiculous fake debate about Obama vs. Republican economic policy. It is presented as a choice between stimulus and Keynesianism (Socialism!!!) vs. reduced deficits and responsible government. The problem is that is not what is happening in reality. In reality, the US government is has for 2 years been in effect guaranteeing the unpayable private debt repayment promises of the private banking system by issuing government debt repayment promises. Why would they do that? Because if they didn't then much of the "money" will disappear, and the people who have the money, AKA "the rich", will go broke. Welfare for the rich, and it is not rocket science or mysterious economic theory either.People could figure it out if they had the opportunity.

But you going hear any politician or media outlet talking about that in the USA? They will be talking about how the Democrats and Republicans are sooooooooooooo different. And people will believe it, they always do.

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Molenir, if you had chosen to be honest, you would have admitted that Obama has spent so much in large part because of the recession the GOP left him. If the GOP hadn't tanked the economy, would the stimulus spending have been necessary? Of course not - there goes half your argument about spending. I know you are intelligent enough to know this. You do yourself no favors by purposely trying to deceive other posters.

Right, everything is Bush's fault. We got that. Doesn't matter what it is, its Bush's fault. The trouble with that line of reasoning is, that what Obama has done, has only made things worse. Trying to continue to claim that things are because of Bush does no one any favors. Obama has to take credit for the things he has done, as well as the things he hasn't. Thats what a leader does. All Obama does, is continue to blame Bush for his own mistakes.

His insistence on raising taxes on thousands of small businesses, is not helping the economy. In fact its hurting it.

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Molenir, where is Obama insisting they will raise taxes? He has publicly stated he wants to extend the bush tax cuts for the majority of Americans. But the GOP is blocking Obama's efforts because they want to keep taxes low for all their uber rich elitist handlers.

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Black Swan author Nassim Taleb yesterday (in Canada) said Obama did the exact opposite of what should have been done. "Stimulus" has hurt the economy.

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“an echo of a disastrous decade we can’t afford to relive.”

hey, I made lots of money until the Dems took over Congress. Then the country somehow went into recession. Cause and result.

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Nassim Taleb- Bloomberg - “People still don’t understand why we had the crisis and they don’t realize that we are making things worse,” he said. “We still have the same level of debt but we are transforming private debt into public debt. We are socializing these risks, and the system has fewer people employed."

Of course that quote came from the first article posted headlined "Taleb Says Unawareness of Deficit Risk Has Him Extremely Bearish' on U.S." but didn't make the second, rewritten Bloomberg one with the headline "Obama Stimulus Made Economic Crisis Worse,Black Swan' Author Taleb Says". The quote doesn't quite fit with with new, improved headline does it, and also cuts a little too close to the bone for comfort for the average Bloomberg reader. Nowhere in either article is there a quote from Taleb using the word "stimulus". The first didn't even use the word "Obama".

What Obama did was continue the same policies of bailouts and hidden subsidies to the banking sector, and the relatively tiny stimulus and industry bailouts that all started under Bush (cue Stalinist historical revision, but sorry these are the Bush administration policies left in place and the dates don't lie), that is what Taleb is talking about. He thinks they should never have happened in the first place and should never have been continued. And he is right. The question is why did the two parties have and follow the same policies, and why would anybody believe either would change them now.

In the US Savings and Loans crisis of 20 years ago over 1000 bankers went to prison for banking fraud. This time just one guy is doing time and he confessed, even though the losses are hundreds or thousands of times greater. How you think that happened?

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hey, I made lots of money until the Dems took over Congress. Then the country somehow went into recession. Cause and result.

And they say Obama voters were in La-La land! Somebody is going to be a very disappointed voter when the USA votes Republican and then "somehow" doesn't come out of recession.

If manfromamerica represents a typical Republican voter then the best thing for the Republicans long-term would be to make sure they don't get control of the Senate or House in November.

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What Obama did was continue the same policies of bailouts and hidden subsidies to the banking sector, and the relatively tiny stimulus and industry bailouts that all started under Bush

Umm, not the stimulus we're talking about. If we were discussing TARP, then you would be correct. However we were discussing the stimulus, also known as Porkulus Maximus, when Obama spent some 800 billion on direct stimulus to the economy. An effort that failed, and that has, as predicted then, acted more as an anchor on the recovery, as time has gone by.

Molenir, where is Obama insisting they will raise taxes? He has publicly stated he wants to extend the bush tax cuts for the majority of Americans.

Right, he is saying, he wants to raise taxes on a small portion of high income earners, as well as a large number of small businesses. Which part of what I said was inaccurate?

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Good grief, this guy is on a non-stop campaign trail. Will be still be blaming the other party in 2014 after 4 years in office? It looks so.

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Going by the ol Dem playbook. Too bad you're wrong. "Porkulus Maximus" actually made things worse, not better. Better check your facts, and not just throw out wishful thinking.

The reason the bailout didn't work is because it wasn't big enough. Now who tried ensuring it was as small as possible or non-existant.

Reality is a great choice. Make it.

Taka

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The reason the bailout didn't work is because it wasn't big enough.

Krugman kool-aid.

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The reason the bailout didn't work is because it wasn't big enough. Now who tried ensuring it was as small as possible or non-existant.

Yeah, no doubt if we could have spent 100 trillion dollars, then the bailout would have worked. Heh, one of the funniest things about this, is that FoxNews has been going around and using the White Houses numbers to figure out how much it cost to "save or create" various jobs. Many of them cost millions of dollars per job, that is supposedly saved.

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only in washington DC, the largest repository of greed on the planet earth in its entire history are tax cuts seen as stealing money from the government.

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SushiSake, the recession was given to obama by pelosi and reid, not the republicans.

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"Will he still be blaming the other party in 2014 after 4 years in office?"

Hey, it's gonna take most of President Obama's two terms to fix the mess left by Bush-Cheney-Rumsfeld, lol.

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Obama makes me sick. The last distastrous decade? I wonder what sort of legacy he will leave behind, or will there be anything left of America at all, after his regime fades into history? The sooner, the better. Roll on November, and roll on November 2012.

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Taka313: "The reason the bailout ( Porkulus Maximus ) didn't work is because it wasn't big enough."

Ha ha ha ha ha ha ha ha ha ha a ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!

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Obama like all other communist dictators will blame the people who came before him for ever.

Obama is the problem in America but dont believe me look at the numbers. Obama's people are tricking the numbers and they are still bad.

yeah the stimulus bill should have been bigger and even more money why? so that more money could have dissapeared in to magik rabbit holes?

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