Obama and Harry Truman

[Ted]

Yeah, but can you really blame anyone with any moral fiber or intelligence for not wanting to associate themselves with that mess of idiots we have elected to office, on both sides. You almost have to have a pathological need for power and aggrandizement to whore yourself enough to get elected to national office, there are few good ones left.

[Tommy Gun]

Oh, I could go on and on about what he did wrong. And that is what lost the presidency to a totally unqualified, radical socialist, community organizer. Luckily for all involved said organizer is making enough mistakes that he will shift the power back, then it is up to the Pubbies to lead, and not try and be "Dem Lite".

Well said. The Republicans under Bush spent like drunken sailors. Problem is Obama is spending MORE! This defecit spending BS has got to stop.

[Ratickle]

The Republicans under Bush spent like drunken sailors.

Drunken sailers with somebody elses credit cards with no limits......

[Ratickle]

Obama is spending MORE! This defecit spending BS has got to stop.

He's spending like he stole the drunken sailors borrowed credit cards with no limits...


Oh wait, he did......

[jayboat]

He's spending like he stole the drunken sailors borrowed credit cards with no limits...


Oh wait, he did......

Try not to make it sound like it's ALL bad news, mmm'kay?
At least he invested some of it wisely.

A little food for thought over at free exchange:

The government essentially bet that markets were beset by panic, and that once fear subsided banks would find themselves in better conditions and healthy enough to earn their way out of insolvency. At this point, even AIG is telling the government it will eventually be able to repay its assistance. This doesn't mean that the government couldn't have crafted a better solution to the crisis, but it does suggest that those bemoaning the high cost of the bail-out and basing their estimates on worst case scenarios involving no repayments were way, way off base.

[03darkshadow]

i just need the redistribution of wealth to stop. i work hard and get up early every day to make money only for the gov't to give it to someone who doesnt feel like working. those same people are allowed to vote to where my money goes. darn...

[Ratickle]

Try not to make it sound like it's ALL bad news, mmm'kay?
At least he invested some of it wisely.

A little food for thought over at free exchange:

The government essentially bet that markets were beset by panic, and that once fear subsided banks would find themselves in better conditions and healthy enough to earn their way out of insolvency. At this point, even AIG is telling the government it will eventually be able to repay its assistance. This doesn't mean that the government couldn't have crafted a better solution to the crisis, but it does suggest that those bemoaning the high cost of the bail-out and basing their estimates on worst case scenarios involving no repayments were way, way off base.

Most of the commenters have it correct. The AIG money was given to the others who paid their's off with other bailout money. There is no "profit", only money shuffling from one entity to another. So the government traded billions for stock, the stock went up because of the influx of billions, now on paper they are making 20% "profit". Which one of the business schools taught that was "Profit"? It's nothing until they put the shares up for sale, and sell them at a profit. ALl of Goldmans profits came from the money the government paid them to manage AIG's money....

Ack!!!!!!!

[Ratickle]

Next we'll hear how wonderful the Cash for Clunkers was. Even though the expense of processing the paperwork to date has been over $50,000,000 and they are afraid they will go over the $200 Million they cut it off short at to stay within budget. And over 60% of the money went to foreign corporations.

[sellsman11]

You should be ashamed of yourself to mention Obama and Harry in the same thread!!!!

[jayboat]

Most of the commenters have it correct. The AIG money was given to the others who paid their's off with other bailout money. There is no "profit", only money shuffling from one entity to another. So the government traded billions for stock, the stock went up because of the influx of billions, now on paper they are making 20% "profit". Which one of the business schools taught that was "Profit"? It's nothing until they put the shares up for sale, and sell them at a profit. ALl of Goldmans profits came from the money the government paid them to manage AIG's money....

Ack!!!!!!!

Ack!!!, indeed.

I hope you are wrong, but I know better because it's you. I suppose you want me to thank you for setting me straight.

[sellsman11]

I suppose you want me to thank you for setting me straight.

Wish I had the time to finish the job.

[jayboat]

Wish I had the time to finish the job.

Judging by your daily post count, time seems to be one thing you have in abundance.

[jayboat]

The Onion seems to have it figured out.

Nation's Unemployment Outlook Improves Drastically After Fifth Beer

[Ratickle]

Now that's funny........