Obama On OWS: Obama acknowledged the Occupy protest movement again, saying: “You are the reason I ran for office.”

[california-jewel]

Originally Posted by sanrene

I beg to differ. There is always an excuse, always a defense for every lie, scandal and failure.

I whole heartly agree with you. From day one, excuses have been made exceptions to the rule when this Man Obama took Oath.

At every turn there is excuses made for him, any one else, there would be blood sheed to pay. I like the way when it is Obama things are tried to be laid out as if nothing bad has happened or taken place. Any one else, things or storys or his failed messes would be all over the media, but no not Obama. For every non truth he tells, a new lie is formed.

I am getting tired of the defenses made for Obama, when he has done wrong.

This no matter what color of his skin, is something i cannot respect.

If this President for once would take credit for his mishaps, and not point fingers at everyone else around him, i could respect him more, but we all know by this time the games he plays, there are no rules, his rules are to be broken.

[gwynedd1]

Originally Posted by lifelongMOgal

Flashback:

Obama's First Vote: $350 Bailout Funds

Record Shows Obama Was on Board With TARP in September, and Every Bit As Socialist As He Claims Bush Was | NewsBusters.org

Obama Lobbies for TARP Funds, Stimulus Plan - ABC News

Yet, the OWS crowd, at large, does support an Obama 2nd term.

If they support Obama, they should freeze to death in those tents. Obama is a creature of Wall Street.

[Kirdik]

Originally Posted by gwynedd1

If they support Obama, they should freeze to death in those tents. Obama is a creature of Wall Street.

They're liberal democrats for the most part. Who else do you think they support?

[Professor Griff]

Originally Posted by lifelongMOgal

Yet, the OWS crowd, at large, does support an Obama 2nd term.

Really? I hear more clammoring from OWSers to vote for Ron Paul.

[gwynedd1]

Originally Posted by Kirdik

They're liberal democrats for the most part. Who else do you think they support?

I have my sympathies with them as well and I would put Obama in the bottom of a galley. At least some in the OWS movement, when you filter out the socialists, actually know what is really going on in political economy.


I am also sympathetic to the tea party, but they are so hopelessly ignorant of how our money system works. They have no idea balanced budgets do not just impact government spending. It impacts money supply in a most fundamental way. They think it is circulatory neutral stimulus, when its wage inflationary stimulus. They don't want to weaken the dollar, so they think with local spending, while its hemorrhaging like a gut pig with zero interest rates and dollar carry trade, not to mention the ongoing secret bailouts.

A Keynesian style stimulus would be heaven compared to handing over trillions to foreign central banks don't you think? How is it going to cause inflation when people are standing around eating food stamps anyway?

The short answer my tea party friends

spending not = deficits

deficits can be caused from capital and labor tax relief. Instead the story they are buying is fraudulent, faux-monetarism.

The national debt is the money supply, and is of little importance compared to the mortgage to GDP ratio. The national debt to GDP ratio is the wrong target.
The right target is the mortgage to GDP ratio.

Their heart is in the right place, but they think they are being frugal and smart when in fact they are stupid.