Obamanomics is a failure! Give it a read

[reelop19]

http://www.washingtonexaminer.com/opinion/Time-to-admit-Obamanomics-has-failed-1008050-100154469.html

[gwb72tii]

this just in.....

[Ceeker]

I don't think the problem lies with Obama; the problem was there before his office and most probably will continue long afterward. Chalk this one up to corp American greed! He's just starting the process of trying to patch this up...but everyone is looking to point a finger and finger they will...He's just the fall guy. next!~

[5spoke]

I don't think the problem lies with Obama; the problem was there before his office and most probably will continue long afterward. Chalk this one up to corp American greed! He's just starting the process of trying to patch this up...but everyone is looking to point a finger and finger they will...He's just the fall guy. next!~

When you take the office you accept the country as it is. Its your job to do the best you can and not point fingers at past presidents. I was not a huge Bush supporter, but I am so tired of people getting all warm and fuzzy every time obama smiles at them and then pointing the finger at his predecessors. What hes doing isn't working, that is HIS problem. He has to stop hiding behind the excuse of "Well it was messed up when I got here, its not my fault."

[mar1t1me]

Wait. You mean to tell me that giving for-profit, risk-taking businesses vast amounts of money so they can continue paying themselves obscene amounts while enjoying taxpayer funded insurance against the possible outcomes of those risks doesn't work? You mean to tell me that money doesn't filter down to the real people who drive the economy-the consumers? But.... but...... or maybe

[gwb72tii]

Wait. You mean to tell me that giving for-profit, risk-taking businesses vast amounts of money so they can continue paying themselves obscene amounts while enjoying taxpayer funded insurance against the possible outcomes of those risks doesn't work? You mean to tell me that money doesn't filter down to the real people who drive the economy-the consumers? But.... but...... or maybe

wow, terrific insight
#1 the government has no fucking business telling any public/private company what they can and cannot pay themselves. what's obscene in your book anyways? anything more than the $5/hr you earn? get a better job.
#2 the above has nothing to do with the current state of affairs. obama and company are anti-business, as are most left wing nuts. healthcare costs, constant changing of the rules, and the skyrocketing debt/deficit are all preventing any future planning by business, and scare the consumer.

[Farbin Kaiber]

I like the name Barakonomics better, I think I just coined a phrase, think it will take off?

[reelop19]

Hey dude your #1 needs reworded. The government is public office which is how they tell themselves they will get obscene pay increases and benefits. I like the dude who says the problem doesn't lie with Obama. How dumb. He didn't start it but he sure is blowing it the fuck up.

[mar1t1me]

wow, terrific insight
#1 the government has no fucking business telling any public/private company what they can and cannot pay themselves. what's obscene in your book anyways? anything more than the $5/hr you earn? get a better job.
#2 the above has nothing to do with the current state of affairs. obama and company are anti-business, as are most left wing nuts. healthcare costs, constant changing of the rules, and the skyrocketing debt/deficit are all preventing any future planning by business, and scare the consumer.

Let's try this again.....:???:


You can pay yourself whatever you want. Period. Just like any other business. But.....if the business fails, then you can't keep paying yourself....right? Unless, of course, the taxpayers bail you out. Did you miss this? Are you OK with it?

As to your #2......did you know that under Reagan, we went from the world's biggest creditor to the world's biggest debtor? And we're still dealing with the fallout. Business rules change often at the whim of legislators and lobbyists. This is nothing new. But if I, as a business owner, overspend and take big risks and fail, do I deserve a taxpayer funded bailout so I can continue to overspend and take big risks, or do I deserve to fail and face accountability? If not, why not?

[joshh]

Think Freddie Mac and Fannie Mae. <<<<<<<<<<<<GOVERNMENT.

It has less to do with all those big bad Capitalists that work hard to make good money.

[mar1t1me]

Think Freddie Mac and Fannie Mae. <<<<<<<<<<<<GOVERNMENT.

It has less to do with all those big bad Capitalists that work hard to make good money.

If they were really capitalists, they'd have gone under when they failed and their investors, who knowingly invest their money betting that they will make more money would have lost some money. That's how capitalism is supposed to work. Good business moves are rewarded-poor ones are not. Instead, BOFA and AMEX, et. al. argue that "this big corporation we knowingly created has run into a problem of our own too big for us to solve ourselves, but if you let us go down, we'll make sure we rape you thoroughly on the way...."

I'm still waiting for my dividend check from bailing those rich fuckers out, but every day when I check my mailbox, ain't nuttin'!

[joshh]

If they were really capitalists, they'd have gone under when they failed and their investors, who knowingly invest their money betting that they will make more money would have lost some money. That's how capitalism is supposed to work. Good business moves are rewarded-poor ones are not. Instead, BOFA and AMEX, et. al. argue that "this big corporation we knowingly created has run into a problem of our own too big for us to solve ourselves, but if you let us go down, we'll make sure we rape you thoroughly on the way...."

I'm still waiting for my dividend check from bailing those rich fuckers out, but every day when I check my mailbox, ain't nuttin'!

That's a very valid point. We really do not have Capitalism. Even before the bailout.
Part of me really wanted to see the failing banks (larger companies) fail. And now we are ushering in a sense of we have to cover their backs and at the same time the small businesses are suffering some because of it.

[Atreus]

last two posts are spot on, thats all i have to add...

sounds fucked up, but i wanted to see the big ones fall too partially. its part of owning up to your fuckup, reality comes rushing back when you witness you business fail. or that last drive home from work, knowing you and your cohorts caused this.

but no, these fuckers don't get that.

[gwb72tii]

Let's try this again.....:???:


You can pay yourself whatever you want. Period. Just like any other business. But.....if the business fails, then you can't keep paying yourself....right? Unless, of course, the taxpayers bail you out. Did you miss this? Are you OK with it?

As to your #2......did you know that under Reagan, we went from the world's biggest creditor to the world's biggest debtor? And we're still dealing with the fallout. Business rules change often at the whim of legislators and lobbyists. This is nothing new. But if I, as a business owner, overspend and take big risks and fail, do I deserve a taxpayer funded bailout so I can continue to overspend and take big risks, or do I deserve to fail and face accountability? If not, why not?

the debt under reagan was a result of congress
#1 delaying the tax cuts
#2 reneging on the specific promise to reign in spending

[uofom3]

I don't think the problem lies with Obama; the problem was there before his office and most probably will continue long afterward. Chalk this one up to corp American greed! He's just starting the process of trying to patch this up...but everyone is looking to point a finger and finger they will...He's just the fall guy. next!~

Are you serious?

Corporate America has done more for the people of this country than almost anything else. They provide jobs, goods, services, and invest capital.

Things are in the most volatile state they have been in for a LONG time in general. HE is not fixing anything.