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I'm listening -- live -- to his press conference on extending the tax cuts.
This **** can't say anything without blaming other people such as President Bush and the Republican leadership, and blaming the private sector for not hiring when his own regime is the most anti-business in history. He continues to blame anyone who is economically successful.
He needs to man-up and take responsibility for the failings of his own regime.
The extension of unemployment benefits is unconscionable. It is unemployment INSURANCE for which actuarially accurate premiums have been paid for the original benefit, but extending the benefit violates all business sense.
It is as if I pay car insurance, have a wreck, get my car fixed - but then the government says the insurance company must pay me more and more and more. It makes no business sense.
Obama is saying "there are people who rely upon the unemployment insurance benefit to pay their bills, to contribute to their kids college education fund, etc" and that without extending the benefit, well, bad things would happen.
Duh. That is the beauty of capitalism. Creative destruction: some businesses fail and go out of business, freeing up investment capital to be reallocated to better use. Similarly, some people go bankrupt - and they can reset and start over. Keeping companies and people on life support makes no sense - it just keeps the entire economy weak and delays a full recovery.
I'm listening -- live -- to his press conference on extending the tax cuts.
This **** can't say anything without blaming other people such as President Bush and the Republican leadership, and blaming the private sector for not hiring when his own regime is the most anti-business in history. He continues to blame anyone who is economically successful.
He needs to man-up and take responsibility for the failings of his own regime.
The extension of unemployment benefits is unconscionable. It is unemployment INSURANCE for which actuarially accurate premiums have been paid for the original benefit, but extending the benefit violates all business sense.
It is as if I pay car insurance, have a wreck, get my car fixed - but then the government says the insurance company must pay me more and more and more. It makes no business sense.
Obama is saying "there are people who rely upon the unemployment insurance benefit to pay their bills, to contribute to their kids college education fund, etc" and that without extending the benefit, well, bad things would happen.
Duh. That is the beauty of capitalism. Creative destruction: some businesses fail and go out of business, freeing up investment capital to be reallocated to better use. Similarly, some people go bankrupt - and they can reset and start over. Keeping companies and people on life support makes no sense - it just keeps the entire economy weak and delays a full recovery.
It appears we've dumped No Child Left Behind and moved on to No Adult Left Behind.
I think it was a good speech and he is pointing it out to the american people loud and clear he has done everything he possibly could do for the amerian people, but the right don't give a damn and will not budge an inch on their oh so precious tax cuts for the filthy rich.
I think it was a good speech and he is pointing it out to the american people loud and clear he has done everything he possibly could do for the amerian people, but the right don't give a damn and will not budge an inch on their oh so precious tax cuts for the filthy rich.
He did omit that he could get out of the way of business. Government shouldn't be so deep into business.
And he forgot to mention his Pigford Payoff to blacks. They'll get a lot more than any white unemployed citizen, since growing flowers counts as being a black farmer.
I think it was a good speech and he is pointing it out to the american people loud and clear he has done everything he possibly could do for the amerian people, but the right don't give a damn and will not budge an inch on their oh so precious tax cuts for the filthy rich.
What about all the money the banks got , were they poor ?
He isn't a great President, he might not even be a good President. So far he seems to be a fairly mediocre President that unfortunately inherited one hell of a mess.
All this ranting about how he is some kind of wildly incompetent socialist anti-Christ is just baloney.
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