Can you believe obama said...

To justify the bailouts, can you believe obama said...

... There's too great a risk that bankruptcy now would lead to a disorderly liquidation of american auto companies. My economic advisors believe that such a collapse would deal an unacceptably...

painful blow to hardworking americans far beyond the auto industry. It would worsen a weak job market and exacerbate the financial crisis. It could send our suffering economy into a deeper and longer recession.

Yet he also described giving them enough money to enter bankruptcy in orderly fashion.

Second, if restructuring cannot be accomplished outside of bankruptcy, the loans will provide time for companies to make the legal and financial preparations necessary for an orderly chapter 11 process that offers a better prospect of long-term success -- and gives consumers confidence that they can continue to buy american cars.

My gosh, what is obama thinking?

He's not, that's the problem, he is willing to use any excuse he can think of to explain his deficit spending, of which obviously is not needed, Or I should say not needed in this exis. Well thats what I think.

Too bad Bush isn't still in, he would never have said anything that dumb...

Umm...clearly maybe??

I know it's hard after 8yrs. of theivery and irresponsibility by the Bush administration in regard to corporate welfare and excessive taxation of the middle class and poor etc. but you'll get used to it.

Federal fiscal responsibility and oversight is tough to understand after Bush/Cheney but I'm sure you will learn to appreciate the Obama administration's prudence and effective economic policy once you see that they are not in it to screw the average american like Dick and George were.

Be thankful you have a smart President running the show who cares.

He's thinking...that, despite the fact that it was ordinary people that put him in power...the America his handler's believe in is old money.

The obama's did spend their own money to redecorate their suite at the white house...so, who knows? Maybe there is some method to his madness.

I'll join the lynch mob after we prove him to be a liar

Sorry guys, that is a quote from Bush...
I am an Obama supporter...
I just grow tired of all the people who do no research and just believe what they are told on FOX spews.
Sameeisbored is on the anti-Obama bandwagon and obviously is not familiar with the Bush spending policies...
She actually believes that Obama is causing all the trouble.
I bet she doesn't even know that Bush was the biggest spender since LBJ and that he did not veto ANY republican spending.

Just wanted to get the old conservative brain cells working... Their memories seem to have escaped them...

ROFLMAO...that was good.

Still...I'll be most of the republican pundints don't realize the Obama's *did* pay for their own decor...while on the way out, the former first lady ordered 75K worth of china while the economy went up in flames

I'll definitely read before I respond to a political question next time. Lesson learned.

haha I have no idea what yall are
saying. im not big in politics...
I was only for obama cause he's my
cousin...yeah, yeah. I know you're
not gonna believe me, but its true..

to who ever said to bad bush isnt still in, he would never have said anything that dumb

are you joking??? did you ever watch the guy talk? he could hardly even read!

Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we. -Said in Washington, D.C., on August 5, 2004

For every fatal shooting, there were roughly three non-fatal shootings. And, folks, this is unacceptable in America. It's just unacceptable. And we're going to do something about it. - Said by President Bush in Philadelphia, Pennsylvania, May 14, 2001

Rarely is the questioned asked: Is our children learning? — Said at a speech by President Bush in Florence, South Carolina on January 11, 2000

You know that Bush doesn't sound like that all the time, right? Only during public speeches. It was his attempt at trying to sound like a guy who you could sit down and drink a beer with. While Bush isn't exactly Einstein, he's not a stupid man.

And smarts are great, so long as they're used correctly. Bush made his fair share of mistakes, but after looking back over all the stuff he did with information from now, with my current perspective, I find that his administration didn't turn me off in the first year. 2005 and 2006 is about the time everyone started lashing out, mainly due to the frustration of Iraq.

Obama on the other hand, is already starting to concern me. I promised myself I'd give him a chance, and so far, he's abused it. Of course, I don't know the man personally, but you get what I'm saying...