Obama = Epic Failure - Updated Daily for your convenience!

[MG]

Good point. What are they hanging with the "Cop Killer Bullet" label these days? I need to go buy a couple more magazines, I should pick up some of that ammunition too before they ban it.

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[Mister Brenton]

One thing that burns my hide is the list of BS earmarks that were added to this 'earmark free' stimulus - $5 million for the Ted Kennedy Senate Center??

Obama promised to go through the bill "line by line" to eradicate earmarks.

He did no such thing. I would like one person...any person...to go through that list and offer me a reasonable rationalization.

[qianlimoro]

Originally Posted by Mister Brenton

One thing that burns my hide is the list of BS earmarks that were added to this 'earmark free' stimulus - $5 million for the Ted Kennedy Senate Center??

Obama promised to go through the bill "line by line" to eradicate earmarks.

He did no such thing. I would like one person...any person...to go through that list and offer me a reasonable rationalization.

I'm on it. brb

[BrianS]

Originally Posted by MG

Good point. What are they hanging with the "Cop Killer Bullet" label these days? I need to go buy a couple more magazines, I should pick up some of that ammunition too before they ban it.

Because it makes a perfect marketing slogan to sway the ignorant and ill-informed with visual labels like this. Cop Killer Bullet?? Oh no!! Black Talons!! LOL...please...have you seen what they're packing these days. I'd say more and more PDs are much closer to paramilitary environments than anything else. There are plenty of lethal options in ammo nowadays.

Yes, preempt the ban and buy now. Another thing to consider is building a platform using less popular calibers like 6.8 since 5.56 and 7.62 is flying off the shelf.

[alewifebp]

Originally Posted by S55inPA

it really isn't that hard to "right the ship".

cut government spending by at least 2.5 to 5%
kill capital gains for 2 years and then if you need to
reinstate it place it at a lower rate than it is now.
leave the Bush tax cuts in place indefinitely.
kill off the estate tax.
announce you will allow drilling off of both coasts.
as is already planned wind down Iraq and temper your plans for Afghanistan.

when it comes to the banks and the auto companies. enough is enough.
if the momentum of the economy does not save them then.....goodbye.


and another thing. Bush had a good economy. inherited a recession, 9/11, Iraq war, a commodity bubble, and then the housing bubble. so before everyone dumps on him remember this......much of what is happening now is not in anyway shape or form Bush's fault. recessions are cyclical in
nature and nothing new to anyone over 30.

I'd go further and cut corporate taxes by a large amount. You can cut the job bleeding real fast if the government does what it is designed to do in the US and enable growth rather than punish it.

Seriously, being that we are all on a MB forum, it means we all have a good amount of money (except maybe dr pasteur, but I digress). I ask you all, particularly those that own a business and actually are the engine that grows an economy, which is better, the government taxing you more or less? If the government takes more of your money, are you going to invest more in growth, or are you going to have to tighten those belts even further?

Governments do not and cannot create wealth. Only the enterprise can create wealth. But I think it's pretty clear that Obama wants to spread his economic "justice" around. No thank you.

And what I've been saying, is that the MSM and Obama have been painting the economy in such a bad light, and talking about our day of reckoning, of course no one wants to invest in this climate. People are scared, and he isn't helping.

And those that are looking at more government as a good thing. Think back. Have you ever been satisfied with any bureaucracy that you have dealt with? We in NJ need to get our licenses renewed every four years in person. Not a fun experience. They have no incentive to compete, so the service is the bare minimum. So Obama's plan is to increase government, making us deal with the likes of a DMV type organization for more and more services. Do we really want that?

[storm]

Originally Posted by mike10980

YES WE CAN!

Sorry...I just had to

OBAMA " YES WE CAN... SPEND OUR WAY INTO OBLIVION AND TAX THE CRAP OUT OF EVERYONE "

can you say SOCIALIST.?

[MG]

Originally Posted by BrianS

Because it makes a perfect marketing slogan to sway the ignorant and ill-informed with visual labels like this. Cop Killer Bullet?? Oh no!! Black Talons!! LOL...please...have you seen what they're packing these days. I'd say more and more PDs are much closer to paramilitary environments than anything else. There are plenty of lethal options in ammo nowadays.

Yes, preempt the ban and buy now. Another thing to consider is building a platform using less popular calibers like 6.8 since 5.56 and 7.62 is flying off the shelf.

I said "what" not "Why" as in, "what bullet is about to be banned, I need to go buy a bunch of it now".

[MG]

Some good Ass beating here directed at Michelle Obama since Barry decided to snub the UK.

http://blogs.telegraph.co.uk/james_d...f_gordon_brown

What was the guy thinking? In researching my new book Welcome to Obamaland, I discovered that Obama's judgment is pretty dreadful

NOW you figure that out?

We may just LURVE Michelle's fashion sense. But Michelle doesn't reciprocate our affection, one bit. Her broad-brush view of history associates Brits with the wicked white global hegemony responsible for the slave trade. Never mind that a white, Tory Englishman - William Wilberforce - brought the slave trade to an end. Judging by her record, Michelle does not make room for such subtle nuance.

Consider her notorious statement that: "For the first time in my adult life I am really proud of my country." Consider her (till-recently suppressed) Princeton thesis, "Princeton Educated Blacks And The Black Community."

In it she writes: "I have found that at Princeton, no matter how liberal and open-minded some of my white professors and classmates try to be toward me, I sometimes feel like a visitor on campus; as if I really don't belong. Regardless of the circumstances underwhich I interact with whites at Princeton, it often seems as if, to them, I will always be black first and a student second."

Here we see that she has mastered the authentic voice of grievance culture. She also - the thesis was written in 1985 - pre-empts the Macpherson report's ludicrous, catch-all definition of racism: "A racist incident is any incident which is perceived to be racist by the victim or any other person." No matter how hard young Michelle's white undergraduate contemporaries try to be nice, it's not their behaviour that counts, but how Michelle feels.

lol!

[MG]

LMAO,

http://www.dailymail.co.uk/news/worl...p-25-DVDs.html

Dude, we rock. We are the two most powerful Men in the world! Lets seal our relationship with an exchange of gifts, me first. Surprise! Its 25 DVDs of American film!! Because, you know, American Film is the most important money giving constituency, I mean, the highest form of cultural contribution our country has to offer to the world. Thats like, a Thousand bucks worth of popcorn time there! You have DVD players in Britain, right?

[vraa]

Originally Posted by MG

LMAO,

http://www.dailymail.co.uk/news/worl...p-25-DVDs.html

I wonder if it's a subtle reference to Civ4

I have 5 Hollywood films I'll trade you for uranium

[MG]

Taxing our way to success

http://in.reuters.com/article/oilRpt...54844120090304

WASHINGTON, March 4 (Reuters) - U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday.

The Obama administration's budget would levy an excise tax on oil and natural gas produced in the Gulf of Mexico, raising $5.3 billion in revenue from 2011 to 2019.

This new 13 percent tax on all oil and gas production in the Gulf would only affect those companies enjoying a loophole that allows them to avoid paying royalties on the energy supplies they drill. Companies already paying royalties would get a tax credit.

Obama's budget would also place a $4 per acre annual fee on energy leases in the Gulf that are designated as nonproducing. The budget proposal projects the fee would generate $1.2 billion from 2010 to 2019.

Geithner said the additional taxes "can be absorbed" by the oil and gas companies, given the billions of dollars they have earned from high energy prices.

[BrianS]

Originally Posted by MG

I said "what" not "Why" as in, "what bullet is about to be banned, I need to go buy a bunch of it now".

Gotcha. I wouldn't be surprised to see a massive ammo tax similar to cigarettes. I'll be using some tax refund to stimulate the economy ala Sig or Springfield this year.

[MG]

Great Orator or Brainless Buffoon?

I vote for "Marionette"

http://www.politico.com/news/stories/0309/19663.html

President Barack Obama doesn’t go anywhere without his TelePrompter.
...
Obama’s reliance on the teleprompter is unusual — not only because he is famous for his oratory, but because no other president has used one so consistently and at so many events, large and small.
...
After the teleprompter malfunctioned a few times last summer and Obama delivered some less-than-soaring speeches, reports surfaced that he was training to wean himself off of the device while on vacation in Hawaii. But no such luck.
...
“It’s just something presidents haven’t done,” said Martha Joynt Kumar, a presidential historian who has held court in the White House since December 1975. “It’s jarring to the eye. In a way, it stands in the middle between the audience and the president because his eye is on the teleprompter.”
...
Obama has relied on a teleprompter through even the shortest announcements and when repeating the same lines on his economic stimulus plan that he's been saying for months — whereas past presidents have mostly worked off of notes on the podium except during major speeches, such as the State of the Union.

[S55inPA]

Originally Posted by MG

LMAO,

http://www.dailymail.co.uk/news/worl...p-25-DVDs.html

MG...you are on fire today.....and probation

could Obama be anymore of an embarrassment
what a rube


and to think people made fun of Bush...man they got balls

[S55inPA]

Originally Posted by alewifebp

I'd go further and cut corporate taxes by a large amount. You can cut the job bleeding real fast if the government does what it is designed to do in the US and enable growth rather than punish it.

Seriously, being that we are all on a MB forum, it means we all have a good amount of money (except maybe dr pasteur, but I digress). I ask you all, particularly those that own a business and actually are the engine that grows an economy, which is better, the government taxing you more or less? If the government takes more of your money, are you going to invest more in growth, or are you going to have to tighten those belts even further?

Governments do not and cannot create wealth. Only the enterprise can create wealth. But I think it's pretty clear that Obama wants to spread his economic "justice" around. No thank you.

And what I've been saying, is that the MSM and Obama have been painting the economy in such a bad light, and talking about our day of reckoning, of course no one wants to invest in this climate. People are scared, and he isn't helping.

And those that are looking at more government as a good thing. Think back. Have you ever been satisfied with any bureaucracy that you have dealt with? We in NJ need to get our licenses renewed every four years in person. Not a fun experience. They have no incentive to compete, so the service is the bare minimum. So Obama's plan is to increase government, making us deal with the likes of a DMV type organization for more and more services. Do we really want that?

you are spot on.

here is a thought for our big government friends....when was the
last time a federal, or state government vehicle without flashers
has ever passed you on the highway?....yep...never. what's the
rush...the taxpayer can afford it

[S55inPA]

Originally Posted by MG

Taxing our way to success

http://in.reuters.com/article/oilRpt...54844120090304

where are all of the Messiah's cheerleaders??????
c'mon guys...you were warned and you still voted for this moron.
you should at least have the guts to defend this idiots ideas?!?!?

[BrianS]

Originally Posted by S55inPA

where are all of the Messiah's cheerleaders??????
c'mon guys...you were warned and you still voted for this moron.
you should at least have the guts to defend this idiots ideas?!?!?

Speaking ill of Dear Leader will NOT be tolerated!! Get back in line or off to the FEMA camp for re-education!!

The indefensible cannot be defended by the intellectually honest, plus they probably just checked their 401k's and realized the mistake occupying 1600 Penn.

[alewifebp]

Originally Posted by S55inPA

where are all of the Messiah's cheerleaders??????
c'mon guys...you were warned and you still voted for this moron.
you should at least have the guts to defend this idiots ideas?!?!?

I've been wondering that too. The defense of him is usually through obfuscation and bringing up Bush somehow. Who is willing to defend his socialist policies, especially on and MB board?

Maybe they are seeing the stock market, and know the only defense is to smear Limbaugh. Saw an interesting chart that I think sums up the situation quite well...


In case this doesn't display, here is the source: http://directorblue.blogspot.com/200...amanomics.html

[GL Troll]

Originally Posted by MG

A controlled and organized failure of all of the suspect banks and other organizations in the derivative feader chain in 1Q09 would have caused the evening out of the market and eventually lead to a restoration of stability through the 2Q and 3Q. With that behind us we could look forward to increased orders in 4Q09 and more in the 1Q10. With all of the government's reinforcing of Chaos we have essentially lost all hope of that scenario.

The main problem with that is the ‘controlled and organized’ part. Would never happen. You are correct however in that some very smart people had predicted a bottoming out by mid 09. That is still possible.

The FDIC has just admitted what many of us already knew; the guaranty on your deposits is BS. Last time I checked, about a month ago, they had about $100B in their fund. Think that would cover a Citi failure? As wrong as it is, some form of bank bailouts is necessary.

Did anyone notice Barry the Socialist talking about “profit and earnings ratios”. I hate to nitpick a speech and the substance of it was somewhat valid, but I get the feeling this time he really is clueless and I’m sure I’m not the only one scared s***less by the notion that he is hearing about P/E ratios for the first time in his life. It looks like he fell off the track of the speech then tried to improvise – only his failure in improvising showed he really doesn’t know what he’s talking about. Add that to 30k Geithner’s ‘details’ speech and we’ve got a worsening crisis of confidence.

[MG]

Originally Posted by alewifebp

I've been wondering that too. The defense of him is usually through obfuscation and bringing up Bush somehow. Who is willing to defend his socialist policies, especially on and MB board?

Maybe they are seeing the stock market, and know the only defense is to smear Limbaugh. Saw an interesting chart that I think sums up the situation quite well...


In case this doesn't display, here is the source: http://directorblue.blogspot.com/200...amanomics.html

Put simply, the markets have reacted with expected fury to Obama's promises of economic "fairness", "spreading the wealth" and raising taxes on the job creators of society.

This thinly disguised form of class warfare, the policies of which many have termed socialism (fairly or unfairly), has had an indelible impact on the markets.

[MG]

Originally Posted by GL Troll

The main problem with that is the ‘controlled and organized’ part. Would never happen. You are correct however in that some very smart people had predicted a bottoming out by mid 09. That is still possible.

The FDIC has just admitted what many of us already knew; the guaranty on your deposits is BS. Last time I checked, about a month ago, they had about $100B in their fund. Think that would cover a Citi failure? As wrong as it is, some form of bank bailouts is necessary.

Did anyone notice Barry the Socialist talking about “profit and earnings ratios”. I hate to nitpick a speech and the substance of it was somewhat valid, but I get the feeling this time he really is clueless and I’m sure I’m not the only one scared s***less by the notion that he is hearing about P/E ratios for the first time in his life. It looks like he fell off the track of the speech then tried to improvise – only his failure in improvising showed he really doesn’t know what he’s talking about. Add that to 30k Geithner’s ‘details’ speech and we’ve got a worsening crisis of confidence.

I've collapsed banks before, via M&A, but not failure. I would have expected that when the Fed demanded that Nat City submit to being bought by PnC and then handed PnC the TARP money to buy Nat City that that was what was going to happen. I guess that we lost the adults with a plan in the change in the administration.

I didn't hear Barry talking about PEs when was that?

EDIT- Looks like Dodd wants to "reinforce" the FDIC with another 500 Billion of funny money.

http://online.wsj.com/article/SB123630125365247061.html

[MG]

The Obama bear market..........

http://www.bloomberg.com/apps/news?p...d=aGJ_.gr_awkY

President Barack Obama now has the distinction of presiding over his own bear market.

The Dow Jones Industrial Average fell 20 percent since Inauguration Day, the fastest drop under a new president in at least 90 years, according to data compiled by Bloomberg.

[GL Troll]

Originally Posted by MG

I didn't hear Barry talking about PEs when was that?

This article has some of it:
http://www.cbsnews.com/blogs/2009/03...y4840788.shtml

I also quoted that sentence in my sig for easy reference.

[GL Troll]

Originally Posted by MG

I've collapsed banks before, via M&A, but not failure. I would have expected that when the Fed demanded that Nat City submit to being bought by PnC and then handed PnC the TARP money to buy Nat City that that was what was going to happen. I guess that we lost the adults with a plan in the change in the administration.

I didn't hear Barry talking about PEs when was that?

EDIT- Looks like Dodd wants to "reinforce" the FDIC with another 500 Billion of funny money.

http://online.wsj.com/article/SB123630125365247061.html

Just be sure to watch your profit and earnings ratio. Or if your profit ratio gets out of control at least have a stable earnings ratio.

What’s important is that someone ends up living in the house I’m building. I don’t have time for worrying about the price and quality of the rotting 2X4’s.

[MTI]

Originally Posted by S55inPA

where are all of the Messiah's cheerleaders??????
c'mon guys...you were warned and you still voted for this moron.
you should at least have the guts to defend this idiots ideas?!?!?

Anyone remember what the "market" did to celebrate the innauguration of Ronald Reagan as President?