This should be good.
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I do find it odd that he hasn't addressed anything about the downgrade yet??Comment -
He prob didnt get the memo yet.Comment -
more lies
this dumbass thinks the down grade is unfair
only a moron would think we can continue to borrow 1.4T year after year with no ability to ever pay it back and we should maintain the best credit rating possible.Comment -
They were in the process of upgrading his teleprompters over the weekend due to the overload from the debt ceiling....think they have it worked out now and his talking points are are uploading now.
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-120000 says he does more finer pointing....blame blame blame instead of leading and actually taking an action to more forward.Comment -
Why do they always report the time and it's never accurate.
America is offically on ***** timeComment -
That is strange.Comment -
guys george bush caused most this shit with all the tax breaks for the rich thu the 2000'sComment -
i really dont care who casused it at this point, we just need to work towards fixing it. i am willing to give B.O. a shot but if he cant get the folks in washington to work together than he may need to go in 2012, and thats hard for me to say as I really like B.O.Comment -
Another speech from a man with no arrows in his quiver. He has no ideas. He does not understand business. He took a major Keynesian gamble and it failed.
Kinda like taking a shot on a game with borrowed money and losing, you have to deal with the consequences at some point.Comment -
worst President of all timesComment -
"Some ratings agency" he says.Comment -
I'm just glad he ended the war as he promised, oh wait, nevermind.Comment -
Fact #1 - EVERYBODY who pays income taxes got a significant tax cut.
Fact #2 - DEMOCRATS extended these tax same cuts last year.
More causes:
Fact #3 - This "shit" was caused by lazy Americans letting government take over their lives STARTING with Woodrow Wilson's concept to tax income a century ago.
Fact #4 - FDR accelerated the reach of government something ridiculous with the New Deal and the ponzi scheme of Social Security.
Fact #5 - Truman started this failed foreign policy of fighting phantom enemies in 3rd world countries who neither attacked nor threatened the US.
Fact #6 - LBJ went batshit crazy with the War on Poverty and even greater ponzi schemes of Medicare and Medicaid not to mention continuing Truman's failed foreign policy in Vietnam.
Fact #7 - Bush DOUBLED the size of the federal govt, increased discretionary spending by 50%, and nearly doubled the national debt much of which by ramping up Truman's failure of a foriegn policy to a ridiculous level.
Fact #8 - Obama has continued ALL of Bush's failed policies and managed to triple the annual deficit and already increase the national debt by 50% by enacting even greater policy failures.Comment -
I take it as most of the blame here comes to oil prices have been far too expensive for us here. I think it is unacceptable for gas prices to be a $1 higher than last year and that has finally came back and hurt this country. When you have less money to spend because you had to pay out $20 more a week for gasoline for some people that I know that drive 30 miles to go to work right now which comes out to be $80 a month which could go into buying other things hurts the economy. I do think something needs to be done on speculation on the oil market and nothing has been done yet on that issue. That is one of the first things that the President should have done when he got into office is put a stop to the games done on the oil market that affect all of us by putting limits on how much hedge funds can buy in the oil market. On top of that I would added even more to the oil reserve when it was low and then if these speculators try their games then tell them I will dump all this oil on the market at one time and watch them lose their shirt. You have to do something on the oil price issue because everyone is affected by it one way or another.Comment -
This would be the same ratings agency that made a 2 trillion dollar error when they first discussed downgrading, and the same agency that had rated Enron an "investment grade" stock 4 days before bankruptcy was declared.Comment -
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what would you geniuses like him to do at this point to fix things? The horse is already out of the barnComment -
I think it went well....hey look on the bright side gas will be cheaper in the next few daysComment
Ever wonder why the markets plummet everytime he speaks... 
