Newt Gingrich thinks Obama has failed already

[always2away]

Bread and circuses...keep the people occupied on that which seems important so that they will pay no attention to the bigger issues.

Doesn't it seem odd that no matter which party occupies the seats of power, the government always gets bigger, the middle class unsteadier, and government dependence unavoidable?

[losturmarbles]

The car companies have been doing just fine under unionized labor for a long time. Our messed up Health Care system cost them (which our horrible dictator/socialist leader wants to fix finally) and the fact that they make shitty cars when you compare them to the Toyota's of the world also cost them.

are you on drugs?

[reno cool]

RenoCool, in every one of your posts, you make it crystal clear how much you HATE the United States of America which makes sense since the vast majority of left-wing lunatics like yourself feel the same way.

My question to you and all those like you is why you continue to live in a country which you so clearly despise? Its important that you know the feeling is mutual when it comes to how the majority of the country feels about you.

I am well aware of why unions came into being and I also realize how important they were during the Great Depression where employers were taking clear advantage of employees during the worst of economic times.

As soon as the Great Depression ended, every union should have been eliminated.
In todays times, unions serve no purpose except to DESTROY all businesses that are foolish enough to try and compete with other non-union run businesses.

I challenge you to name even one union-run business that competes favorably when taken on by a similar business NOT controlled by union labor? From the automotive industry to the airlines, every business that relies on union labor can NOT compete with their non-union counterparts.

The U.S. would have been far better off if slaves were NEVER brought to this country.

"Large segments of the population are either totally useless to business or are expandable. Of course, no business wants to pay more for labor. Is that the society you want? Where a large majority has to beg and compete for peanuts."

You bet that's the society I want where people are paid according to their abilities and their productivity. I certainly do NOT want my government or left-wing liberals setting the pay scale, thats for sure.

The one great thing about people like yourself who clearly hate the United States of America is that the majority of your kind live miserable lives and never have much of anything. Our country would certainly be a much better place all-around if everyone like you found another place to live. Since you hate the U.S. so much, I don't know why you stay.

I hate the part of America that is represented by morons like you. Luckily that makes up only a part of America. Keep sucking the mans cock and enjoy your ignorance.

[Dark Horse]

Obama has not failed. He has sold out.

http://forum.sbrforum.com/politics-economics/177824-bilderberg-group-meets-month-athens-greece.html

Small world. What's Geithner doing in the administration of a president who promised change?

You can bet your ass that Geithner is playing for the same team as Bernanke and Paulson. And now, after these motherf*ckers have bought billions and billions worth of stocks, from our bailout money, thereby sending the market into an apparent recovery, Geithner was the first, just a few days ago, to talk negative of the 'recovery'. I was waiting for it. Once again, a month after the Bilderberg meeting, which he attended (which, by the way, is illegal for a US politician! - see Logan Act). The hidden message? Take your profit and get out, because the ship is going down.

Obama is a puppet. Geithner is the link to the unelected folks who decide policy.

If we, the People, don't throw out the Fed soon, and every corrupt politician with it, the freedom that our ancestors sought and fought for will be lost. This land may as well join Atlantis at the bottom of the ocean, because it is gone. Kaput. F*cked up by the same money changers that Christ threw out of the temple, the same 'kings' that Europeans sought to escape by coming here but a few centuries ago.

Are we going to fight for that freedom? Or are we going to be hypnotized into compliance? Stop looking for a f*cking president to change things. No president could be elected without the approval of the elite that runs the country. If Obama has real guts he will step out of line, but so far he has not. The change starts with us. Not with some puppet in the White House.

We can have America as the land of freedom it was intended to be, if we want it enough.
We can throw these corrupt motherf*ckers out, if we want it enough.
We can reclaim this country from the claws of Darkness, if we have true courage.

Power to the People.
Hoka Hey!

[Dbldown11]

Obama has not failed. He has sold out.

http://forum.sbrforum.com/politics-economics/177824-bilderberg-group-meets-month-athens-greece.html

Small world. What's Geithner doing in the administration of a president who promised change?

You can bet your ass that Geithner is playing for the same team as Bernanke and Paulson. And now, after these motherf*ckers have bought billions and billions worth of stocks, from our bailout money, thereby sending the market into an apparent recovery, Geithner was the first, just a few days ago, to talk negative of the 'recovery'. I was waiting for it. Once again, a month after the Bilderberg meeting, which he attended (which, by the way, is illegal for a US politician! - see Logan Act). The hidden message? Take your profit and get out, because the ship is going down.

Obama is a puppet. Geithner is the link to the unelected folks who decide policy.

If we, the People, don't throw out the Fed soon, and every corrupt politician with it, the freedom that our ancestors sought and fought for will be lost. This land may as well join Atlantis at the bottom of the ocean, because it is gone. Kaput. F*cked up by the same money changers that Christ threw out of the temple, the same 'kings' that Europeans sought to escape by coming here but a few centuries ago.

Are we going to fight for that freedom? Or are we going to be hypnotized into compliance? Stop looking for a f*cking president to change things. No president could be elected without the approval of the elite that runs the country. If Obama has real guts he will step out of line, but so far he has not. The change starts with us. Not with some puppet in the White House.

We can have America as the land of freedom it was intended to be, if we want it enough.
We can throw these corrupt motherf*ckers out, if we want it enough.
We can reclaim this country from the claws of Darkness, if we have true courage.

Power to the People.
Hoka Hey!

Very Powerful post

[reno cool]

Obama has not failed. He has sold out.

http://forum.sbrforum.com/politics-economics/177824-bilderberg-group-meets-month-athens-greece.html

Small world. What's Geithner doing in the administration of a president who promised change?

You can bet your ass that Geithner is playing for the same team as Bernanke and Paulson. And now, after these motherf*ckers have bought billions and billions worth of stocks, from our bailout money, thereby sending the market into an apparent recovery, Geithner was the first, just a few days ago, to talk negative of the 'recovery'. I was waiting for it. Once again, a month after the Bilderberg meeting, which he attended (which, by the way, is illegal for a US politician! - see Logan Act). The hidden message? Take your profit and get out, because the ship is going down.

Obama is a puppet. Geithner is the link to the unelected folks who decide policy.

If we, the People, don't throw out the Fed soon, and every corrupt politician with it, the freedom that our ancestors sought and fought for will be lost. This land may as well join Atlantis at the bottom of the ocean, because it is gone. Kaput. F*cked up by the same money changers that Christ threw out of the temple, the same 'kings' that Europeans sought to escape by coming here but a few centuries ago.

Are we going to fight for that freedom? Or are we going to be hypnotized into compliance? Stop looking for a f*cking president to change things. No president could be elected without the approval of the elite that runs the country. If Obama has real guts he will step out of line, but so far he has not. The change starts with us. Not with some puppet in the White House.

We can have America as the land of freedom it was intended to be, if we want it enough.
We can throw these corrupt motherf*ckers out, if we want it enough.
We can reclaim this country from the claws of Darkness, if we have true courage.

Power to the People.
Hoka Hey!

, but did we really expect any different?

[andywend]

I hate the part of America that is represented by morons like you. Luckily that makes up only a part of America. Keep sucking the mans cock and enjoy your ignorance.

Through hard work and determination, I am financially secure enough never to have to work another day as long as I live.

OTOH, you chose the path of sitting around and complaining all day while blaming the rich for all the problems in your life and have NOTHING to show for it.

Go ahead and continue to HATE America and live out your pathetic existence in the misery you so richly deserve. CHECKMATE!!!!

[Dark Horse]

Today we see Geithner before the Senate, selling 'Obama's plan' to further expand the Fed's powers...

It's cynical to the point of sinister. Remember the joy on the faces of people who celebrated Obama's victory on election night? They really thought they finally had someone to represent the People instead of the elite.

Of course, it never was 'Obama's plan' to expand the Fed's power. It's being sold like that, and his popularity comes in handy. His admirers are still certain he's a man with true vision, someone who inspired them with words of wisdom and hope, and fail to see that he habitually resorts to 'the least bad of two options'.

The least bad of two choices, Obama?! Is that all you got? Is that the idealism you were selling? As far as I'm concerned you have two options. Find your gut and start doing what is right, or risk being considered the greatest hypocrite the White House ever saw. Do the right thing and you may end up dead. Continue on this road and you may as well be dead.

[jimbojpc]

Checkmate

[reno cool]

Through hard work and determination, I am financially secure enough never to have to work another day as long as I live.

OTOH, you chose the path of sitting around and complaining all day while blaming the rich for all the problems in your life and have NOTHING to show for it.

Go ahead and continue to HATE America and live out your pathetic existence in the misery you so richly deserve. CHECKMATE!!!!

I haven't blamed or even mentioned any problems in my life here. But, it's good to see you can laugh at your own stupidity.

[Dark Horse]

Andywend, it is not those who fight for the values and principles this country was founded on, who should leave. It is you, who left a long time ago.

But you're welcome back anytime.

[pavyracer]

Obama is the best US president of this decade.

[DwightShrute]

Obama is the best US president of this decade.

oh my stomach

not even the best one this century

[losturmarbles]

Andywend, it is not those who fight for the values and principles this country was founded on, who should leave. It is you, who left a long time ago.

But you're welcome back anytime.

[andywend]

Andywend, it is not those who fight for the values and principles this country was founded on, who should leave. It is you, who left a long time ago.

But you're welcome back anytime.

I didn't get it either.

[Dark Horse]

More about the latest move by the Fed, presented as 'Obama's plan'... Note that Geithner, yesterday, pictured this vast power grab as an almost insignificant change.

If you want to look the other way while this is going on, you're excused. This is real scary stuff, and it's way past little kids bedtime.

Obama Regulatory Reform Plan Officially Establishes Banking Dictatorship

Paul Joseph Watson & Steve Watson
Thursday, June 18, 2009

Obama Regulatory Reform Plan Officially Establishes Banking Dictatorship In United States

President Obama’s plan to give the privately-owned and unaccountable Federal Reserve complete regulatory oversight across the entire U.S. economy, which is likely to be enacted before the end of the year, will officially herald the beginning of a new form of government in the United States - an ultra-powerful banking dictatorship controlled by a small gaggle of shadowy and corrupt elitists.

The new rules would see the Fed given the authority to “regulate” any company whose activity it believes could threaten the economy and the markets.

This goes a step further than the centrally planned economies of the Soviet Union or Communist China, in that the Federal Reserve is not even accountable to the U.S. government, it is a private entity that according to former Fed chairman Alan Greenspan, is accountable to nobody but the banking families that own it.

Obama’s regulatory “reform” plan is nothing less than a green light for the complete and total takeover of the United States by a private banking cartel that will usurp the power of existing regulatory bodies, who are now being blamed for the financial crisis in order that their status can be abolished and their roles handed over to the all-powerful Fed.

According to an Associated Press report today, Democratic leaders have committed to enacting the plan before the end of the year and Republicans in both the House and Senate have indicated that they won’t stand in the way of the overhaul.

“The final plan….is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources, ” reports the Washington Times.

In other words, the Fed, which is already totally unaccountable to Congress, is to be placed in complete control of the entirety of the U.S. financial system, to do as it wishes without repercussion.

As the LA Times reports, the government, in conjunction with the private Federal Reserve, would effectively have the clout to simply seize and take over any company it desires.

In order to appease those opposed to the plan, such as Sen. Christopher J. Dodd, chairman of the Committee on Banking, Housing and Urban Affairs, the Obama administration has agreed to create a “watchdog” council of regulators to “advise the Fed”.

However, as former chairman Alan Greenspan has most recently pointed out, given that the Fed is an independent entity, and therefore accountable to no one, it will have the power to simply reject and overrule any advice it is offered.

Pointing out the flagrant conflict of interest in empowering the Federal Reserve to essentially regulate itself, Professor of public affairs at the University of Texas at Austin Robert Auerbach writes, “The Federal Reserve has massive conflicts of interest that make it ill suited for its present regulatory functions and certainly for an expanded regulatory reach. The officials leading the Fed today preside over an organization that is run in substantial part by the bankers they regulate. Bank regulation begins at its 12 district Federal Reserve Banks, each governed by a nine-member board of directors, two-thirds of whom are elected by the bankers in the district.”

As economic author Nomi Prins highlights, Obama’s plan does nothing whatsoever to fix the excesses of financial institutions blamed for the financial collapse, it only ensures their continued operation and an expansion of the practices that contributed to the economic crisis in the first place.

“The ’sweeping overhaul’ of the financial system detailed by Geithner on behalf of the Obama administration does not overhaul the system at all,” writes Prins, “giving the Fed a bigger role, creating a ‘council of regulators’ to oversee the existing oversight bodies and allowing the biggest Wall Street players to maintain their status, leaves the system intact.”

“The Federal Reserve is not a fully public entity. It has amassed a set of $7.87 trillion worth of facilities and other entities through which it has lavished cheap loans in return for questionable collateral from the banking system. It has kept the true nature of these transactions a secret despite numerous FOIA requests. And, it has actively promoted the creation of bigger institutions in a chaotic environment, rather than putting the brakes on the creation of these giants,” concludes Prins.

Proof that the agenda of implementing overt financial dictatorship is being carefully coordinated can be seen in the fact that an almost identical scheme is also being set up in the United Kingdom, where “The governor of the Bank of England has called for greater powers to allow it to fulfil its new role of promoting financial stability,” according to a BBC report.

Just as in the U.S., King is calling for traditional independent regulatory bodies to be all but abolished and replaced by the Bank of England itself, which just like the Federal Reserve is a private outfit with no accountability to the government whatsoever.

The mainstream media, for the most part, has reported the oversight plan as a much needed regulatory crackdown on those responsible for the financial crisis. However, the details of the plan constitute almost exactly what lobbyists for leading bankers have been pushing for over the past few weeks.

“All derivatives contracts will be subject to regulation and all derivatives dealers subject to supervision,” Treasury Secretary Timothy F. Geithner said at a Time Warner Economic Summit in New York on Monday, also noting “When you have too many people involved, there’s an accountability problem.”

As we reported earlier this month, heads of nine of the biggest banks in the derivatives market, including JP Morgan Chase, Goldman Sachs, Citigroup and Bank of America, secretly lobbied to keep derivatives under Federal Reserve “oversight” and away from real scrutiny.

As reported by The New York Times, they all met secretly to discuss how to use the lax regulation and institutional secrecy of the NY Fed to shield their credit-default swaps business from prying eyes and attempts at regulation.

The banks formed a lobby– the CDS Dealers Consortium– only weeks after accepting TARP funds in October 2008 to protect its interests. Heading this effort was Edward Rosen, who previously helped fend off derivatives regulation. Rosen wrote and circulated a “confidential memo” to the Treasury Department and leaders on Capital Hill, making their agenda clear, the Times reported.

Rosen and his backers propose that derivatives be “traded in privately managed clearinghouses, with less disclosure,” according to the Times. The clearinghouse of choice for the big banks in Rosen’s CDS Consortium is ICE U.S. Trust, which is in turned regulated only by the Federal Reserve system.

So the upshot of all this is that the bankers get what they want, are allowed to carry on as they were, while at the same time the fractional reserve banking system and the federal government are both greatly expanded and empowered, and the compliant corporate media ludicrously tells us that a strict crackdown is underway.

This kind of activity is exactly what some leading representatives have warned of in recent weeks.

A fortnight ago, the Democratic Chairman of the Agriculture Committee, Collin Peterson, announced to the press that “The banks run the place,” in reference to the US Congress.

While Peterson is also pushing for legislation to regulate derivatives trading, his proposed bill would limit derivatives trading to public exchanges, rather than private clearinghouses, which are managed by banks.

Peterson’s warning mirrors that of Democratic Senator Dick Durbin, who just a few weeks before uttered the same rarely acknowledged truth.

“And the banks — hard to believe in a time when we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they frankly own the place,” Durbin said.

How simultaneously dangerous and ridiculous it is that the Federal Reserve is given more authority to oversee the economy. This is the same privately run entity that refused to comply with congressional demands for transparency and disclose the destination of trillions dollars in bailout funds. It is the same privately owned entity that has withheld internal memos, in spite of freedom of information act requests. It is the same private entity, run for the most part by European banking elites, that has arrogantly refused to tell Senators and Congressmen which banks were in receipt of government loans.

The government is ready to hand over everything to a monolithic private corporation and a gaggle of bastard banker offspring, that have gobbled up an amount close to the entire GDP of the country in taxpayers’ money and figuratively stuck the middle finger up regarding questions over where that money has gone.

It can be no more apparent than at this time that legislation to audit, repeal and eventually end the Federal Reserve, must be supported by Americans if they want to see their children and their grandchildren grow up without indentured debt and entrenched servitude to a fascistic marriage of private banks and hugely inflated government.

[DwightShrute]

Scary shit

regulatory oversight isn't a bad thing if done right. We need some in order to prevent future economic meltdowns. This seems like an excuse to dictate. Wave bye bye to democracy.

[reno cool]

The government is ready to hand over everything to a monolithic private corporation and a gaggle of bastard banker offspring, that have gobbled up an amount close to the entire GDP of the country in taxpayers’ money and figuratively stuck the middle finger up regarding questions over where that money has gone.

when do we get to hang these guys?

[andywend]

Barack Obama - Change is going to come -

http://www.youtube.com/watch?v=4fnbn0Z3APE

Democratic White House/Democratic controlled senate/democratic controlled house of representatives

Deficit completely out of control and getting worse by the day

Taxes going up on cigarettes, sweetened drinks along with other types of unhealthy food which the poor consume in far greater quantities than anyone else

Democrats used to use the term "welfare for the rich" when temporary tax increases were NOT made permanent. How about Obama using taxpayer money bailing out the same bankers who got our country into this financial mess? TRILLIONS of taxpayer dollars wasted.

What would the reaction be from the left-wing if republicans were doing all of this?

The only protection the people have from the politicians is to NEVER give either party complete and total power. The republicans and democrats hatred for each other is the only thing that limits the damage these politicians can do.

Its only been 5 short months and look at all the damage the democrats have done. We have (at least) 19 more months of this shit before we can do anything about it.

[reno cool]

Stagnation is the best thing we can hope for out of this govt. Just wait till these pricks get us involved in some conflict in Pakistan, Korea or Iran.

[pavyracer]

Taxes going up on cigarettes, sweetened drinks along with other types of unhealthy food which the poor consume in far greater quantities than anyone else

This is bad because the republican doctors, hospital owners, drug companies will have less patients to treat. Seriously, who wouldn't like more strokes, heart attacks and cancers? Damn you Obama! You are ruining the health of our country.

[DwightShrute]

This is bad because the republican doctors, hospital owners, drug companies will have less patients to treat. Seriously, who wouldn't like more strokes, heart attacks and cancers? Damn you Obama! You are ruining the health of our country.

[andywend]

This is bad because the republican doctors, hospital owners, drug companies will have less patients to treat. Seriously, who wouldn't like more strokes, heart attacks and cancers? Damn you Obama! You are ruining the health of our country.

If President Bush recommended a similar type of tax during his administration, you would be SCREECHING about how its an attack against the poor.

While I have been extremely critical of RenoCool in this thread, I have to give him credit for sticking with his true beliefs even if it means criticizing his party of preference. He calls it as he sees it regardless of politics.

I am the same way with my republican party. When President Bush tried to nominate the family attorney to the Supreme Court in Harriet Miers, I was the first in line to criticize it.

The differences between the republican and democratic party are getting narrower by the day. They are both corrupt and beholden to special interest groups albeit different ones.

[topcat]

Obama can be a president for 100 years and he will never fukk up the country the way Bush fukked it up in just 8 years.

TRUER words have never been spoken.bush has spent more money than any president combined.he smeared john mcain,and kerry.kerry was a decorated war hero,and dick cheaney had 5 defurments,and they didnt even know where bush was.they outed a cia operative.the daddy bush said it was treason when he was in office.cheaney said what would happen in iraq when daddy bush was in ofice.all of a sudden he changed his mind.there was another reason attacking iraq that people will never know,and its not only about oil.the bush administration did the same thing japanese soilders got shot for.vetoed stem cell which could have helped people,and we are so far behind the eight ball.i hope bush gets tried for war crimes,and get arrested.i was talking to my barber who is a racist,and he made a comment that obama was going to change the rose garden to a watermelon garden.i told him it wasnt funny,and i asked him why he didnt talk that way when are senator was in their getting his hair cut .he didnt say a word.i also said we need helthcare in this country.he asked me where was the money coming from,and i said i would much rather spend our taxes on it than iraq.i told him the rich can afford it,and the poor can get medicade while the middle class gets ****ed. oboma has only been in their for about 6 months,and he supose to make miracles.the gop should shut the f up/

[losturmarbles]

topcat, you and brentcrude should have a political debate. (i'll be rooting for brent)