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Brain -> Obama Deception (2/9/2010 1:49:01 AM)
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A lot of people are writing about Obama deception now, and were also doing so even before he became president. And lately I am agreeing with them more and more every day. I am very dissatisfied with what’s happened so far, especially when it comes to healthcare. Way too much time was wasted trying to be bi-partisan and look at what happened with Brown getting elected in Massachusetts, like when was Olympia Snowe elected president?
And now there is talk from Obama of spending another two weeks to give Republicans another chance to be bi-partisan with healthcare reform. Obama is not out of his mind to give Republicans another opportunity to show the American people that the people are the number one priority of the Republican party. He is just full of manure that “he will not stop fighting for us.” I think he never started. It’s enough manure to fertilize the White House lawn and the first lady’s organic garden.
I hear a lot of talk from Obama all the time about how he’s “fighting for us” but as far as producing results is concerned, the man doesn’t get them. I WANT HEALTHCARE REFORM AND I WANT IT NOW PERIOD..................................................................
And read what this guy says about the bank bailout, they better fix it too and pronto.
Obama: Bank Bailout 'Necessary' ..Iraq War 'Dumb'
by Larry Elder
Is TARP, then, a success?
Barofsky's report to Congress says that TARP can only be called a success if the program "is both managed well (SET ITAL) and (END ITAL) its positive effects are enduring." Let's set aside the highly criticized management of the program.
Will TARP have "enduring positive effects"?
The argument for the bailout is that some institutions were "too big to fail." But Barofsky now says: "These banks that were too big to fail are now bigger. Government has sponsored and supported several mergers that made them larger. And that guaranteed that implicit guarantee of moral hazard. The idea that government is not going to let these banks fail ... is now explicit. ... In a lot of ways, the government has made such problems more likely. Potentially, we could be in more danger now than we were a year ago."
So did TARP save us?
"Even if TARP saved our financial system from driving off a cliff back in 2008," writes Barofsky, "absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car."
http://www.postchronicle.com/commentary/article_212283343.shtml
Obama deception
http://www.google.ca/search?sourceid=navclient&ie=UTF-8&rlz=1T4RNTN_enCA363CA363&q=Obama+deception
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