(2009-03-25) — The Obama administration and the Federal Reserve today pressed Congress for legislation that would “allow the government to take control, restructure and possibly close any kind of financial institution that was in trouble and big enough to destabilize the broader financial system,” namely the U.S. Treasury Department.
“Treasury has burned through hundreds of billions in cash in just a few months,” said White House press secretary Robert Gibbs. “It has no apparent plan for stabilization or a balanced budget, and it continues to throw money into speculative, poorly-collateralized deals leaving its shareholders in jeopardy. If it were to fail, it would be like the collapse of AIG, Fannie Mae, Freddie Mac, GM and Chrysler…on steroids.”
The administration says it needs the authority to put the Treasury Department into conservatorship or, in the worst case scenario, to nationalize the organization.
“The president believes in free markets,” said Mr. Gibbs, “If he moves to take over Treasury it would be strictly temporary, lasting only until he can put in place responsible leadership and a viable plan for liquidity to restore the confidence of those who have invested so much in this floundering financial entity.”
56 responses so far ↓
1 camojack // Mar 25, 2009 at 5:52 am
We might get a new amendment to the Constitution for that. Or not…
2 JamesonLewis3rd // Mar 25, 2009 at 6:12 am
“…strictly temporary, lasting only until he can put in place responsible leadership and a viable plan…”
In other words, lasting for a real, real long time.
3 boberinyetagain // Mar 25, 2009 at 7:20 am
Sounds like a plan, let’s get on it! Good one Scott
JL3, I think you have something there…
4 boberinyetagain // Mar 25, 2009 at 8:56 am
No wonder there are no posts. The one I made is there, then it’s gone, then there again…and now it’s gone without a trace.
5 boberinyetagain // Mar 25, 2009 at 8:57 am
Poof, like magic it returns…
6 onlineanalyst // Mar 25, 2009 at 9:08 am
Other pundits have seized on the doubletalk of a paragraph (which was pre-released before show time) in Obama’s presser that I had mentioned in the prior thread. The nonsense of its rhetoric is blatantly breathtaking.
Others are paying attention to the graph that demonstrates the incredible deficit that Obama intends to impose on our nation.
The letter that DeSantis wrote in resingning his executive position at AIG is another nail to destroy the ramshackle house of cards that the O administration has constructed to deflect either responsibility or blame for solving an economic problem.
Pretty much the whole issue is captured in this thread that identifies the problem and adds more fuel to Obama’s bonfire of vanities through the commente there.
When the media become “bailed out,” as is being now presented in Congress, the Pravda megaphone to champion the nationalization of multiple sectors of our economy will be complete.
The failed Obama presidency is putting our economy is a worse postion than Cuba’s. Chavez would be proud, and Putin is chuckling at the naivete of one-half of the American voters.
7 boberinyetagain // Mar 25, 2009 at 9:14 am
DJIA 7,842.52 +182.55
Nasdaq 1,554.00 +37.48
S&P 500 817.22 +10.97
8 Ms RightWing, Ink // Mar 25, 2009 at 9:16 am
I wonder if any bonuses are going down at the Treasury Department?
9 boberinyetagain // Mar 25, 2009 at 9:24 am
U.S. home sales climb at fastest pace in 10 months
Durable goods orders rebound in February
The latest U.S. stocks rally may have momentum
Gotta love the “failed” presidency. Imagine how good things would be if the plan was working.
10 gafisher // Mar 25, 2009 at 10:06 am
It’s disconcerting to see how many people have been taken in by the raw economic numbers the latest moves by the Treasury have engendered. Buying trillion of dollars worth of worthless paper has boosted the worthless paper market (reflected in the DJIA, Nasdaq and S&P) remarkably. Home sales are up — while homeowners are becoming homeless at record rates. Over in the EU, which once looked to us for hope, they’ve declared Obama’s policies have put the US on “a road to hell.”
I’d have to agree with Bober — we can’t call Obama’s a “failed presidency” until we know his goal. If it’s the destruction of the America so many before us have worked, fought and even died for, he just might be a scintillating success.
11 boberinyetagain // Mar 25, 2009 at 10:19 am
I still believe that we are going to heck in a handbasket but don’t see that as Obamas “fault”. I don’t even blame George all that much although I do wish he and his had been much more assertive when the problems were known (about 2 years ago) but I’ll admit that he likely couldn’t have stopped it either. Nor could McCain.
We are reaping what we’ve sown in a very, very real way. It won’t be until we have paid (dearly by the “old” standards) that we will begin to emerge from this mess.
But, by “emerge” I mean that well feel better about our dramatically reduced “standard of living”, a level that might be sustainable worldwide. That pretty much means mud/stick huts with thatched roofs, livestock in the yard, crops nearby nurtured by water that we might be able to pump there but will more likely have to carry up from the river/pond.
Once we are there it’ll be relatively easy to move forward.
12 RedPepper // Mar 25, 2009 at 10:24 am
After all the bailouts, Treasury has become “too big to fail”.
Let’s hope that China, and the rest of our foreign creditors, will see the U.S.A. as “too big to fail” in a few years …
13 powow2 // Mar 25, 2009 at 10:47 am
It’s an interesting approach Obama/Geithner are taking with the Banks. I doubt the recent market swoon is any real indication of success given the approach. What is confusing me is that there buying these ‘toxic assets’ which is kind of what ked to the meltdown in the first place. http://www.youtube.com/watch?v=Nay4VbUJl3E
But this time around they are providing an incentive on a short leash for those banks that take the bait.
14 R.A.M. // Mar 25, 2009 at 11:33 am
Maybe the “Fed” should seize control of Michelle’s new garden and tax those “lettuces” and “mints” she is growing.
Think of the money that would bring in for those rare forms of lettuce and mint, that we poor peons are not allowed to have.
Maybe she should plant a “potatoe” tree or two. Better yet, a MONEY tree. With Obama, we are going to need a forrest of them!
Man, if Obama is so intelligent, (as the libs CLAIM), why hasn’t at least some of it accidentally rubbed off on the “intellectually challenged” first lady?
Someone really should “axe” that question!
15 boberinyetagain // Mar 25, 2009 at 11:39 am
What a maroon
16 Newsman // Mar 25, 2009 at 12:02 pm
You have it all wrong Scott !
“We The People” need to sieze the Treasury while it still exists !
17 Fred Sinclair // Mar 25, 2009 at 12:13 pm
o.t. From Canada Free Press
At least somebody “gets it”.
Obama’s Poison Ivy
By Joan Swirsky
After only two months of the Obama presidency, Americans are horrified, angry, depressed, and on the verge of full-scale revolt against the president and his toadying Socialist acolytes for doing their best to destroy our once-vibrant economy, inflict decades of debt on our children, grandchildren and great-grandchildren, and usher in what historians will surely record as The Age of The Hubristic and Incompetent Presidency.
18 onlineanalyst // Mar 25, 2009 at 12:48 pm
How about listening to common sense of Paul Ryan re the FY2010 budget?
19 onlineanalyst // Mar 25, 2009 at 12:57 pm
Heckuva job, Timmy (Geithner) Timmy speaks and the dollar plummets.
Is Geithner clueless? incompetent? merely a pawn serving a larger purpose? a front man for Soros’s manipulation of the money market?
Was the economic meltdown a manufactured crisis, used to institute more government control over sectors? used to initiate a global currency?
The American people need to have an administration that serves American interests, not some global utopia run by masters of the universe.
20 boberinyetagain // Mar 25, 2009 at 1:04 pm
“Was the economic meltdown a manufactured crisis”
Do you really need to ask? Ok, I’ll answer…you betcha
21 Fred Sinclair // Mar 25, 2009 at 1:52 pm
I’ve been thinking of my late brother, Timothy. He died at age 55, in 1999 of gross obesity. Troubled all of his life with a thyroid problem, he once got up to 435 lbs. Cutting calories to 900 per day and finally to 600 calories, he got down to 335 lbs.
If Obama had told him, “Tim, to lose weight you must increase your calories to 8000 per day”. That would be considered insane advice. Yet that’s exactly the principle of spending trillions of dollars to reverse a recession.
Insanity!
The answer was proven by Margaret Thatcher, Jack Kennedy and Ronald Reagan. Deleting the majority of current entitlement programs with an absolute freeze against any new programs, slash taxes drastically.
I just heard that suspending Income Tax for one year would cost one trillion dollars (less than the stimulus bill, bailouts, etc.,) and would bring about a real recovery out of the recession.
The problem with that is that it works! It would also be a major handicap to the usurper’s plan to decimate America’s Free Market economy so it can be replaced with his version of a totally Socialist economy.
Like Rush, I hope his plans fail!
Come quickly, Lord Jesus.
22 Laughing@You // Mar 25, 2009 at 1:56 pm
Recent research indicates water fluoridation, as the conservatives of that day feared, may have indeed been a communist conspiracy to destroy the vital fluids of Americans.
After months of visiting “conservative” websites it appears that people inclined toward that political view have had their “vital fluids” corrupted.
Fluoridation seems to have had little effect on the non-paranoid population, but those with a “conservative”, or paranoid, disorder seem to have lost all ability to reason, and to arrive at conclusions that are not bizarre.
Sadly, in additional to this, some intellectually challenged individuals seem to have combined these problems to form what Dumbyah once called an “Axis of Evil”.
This may explain the behavior of several regulars here, and the play of the Detroit Lions of the NFL.
Brig. Gen. Jack D. Ripper, I’m sorry for laughing at you.
Everthink?
23 Laughing@You // Mar 25, 2009 at 2:02 pm
Fred,
Start using distilled water immediately!
Everthink?
24 boberinyetagain // Mar 25, 2009 at 2:04 pm
Free market economy you say? That’s the one where the top 1% of “earners” took home 28% of all money “earned”.
That’s the one that produced examples such as this…
The industry’s 25 best-paid managers collected a total of $11.6 billion, which marked the third-best year on record, according to an annual survey released by Institutional Investor’s Alpha magazine on Wednesday.
James Simons, a former mathematics professor who runs hedge fund group Renaissance Technologies, topped the list by earning an estimated $2.5 billion. For 2007, he was in the third spot, having earned $2.8 billion.
John Paulson, who was among the first investors to bet that U.S. housing prices would decline nationally, followed in second place, taking home an estimated $2 billion in 2008.
In 2007, Paulson earned an estimated $3.7 billion, setting a record for the highest payout on Wall Street and topping the Alpha list.
Energy trader John Arnold, who once worked for Enron Corp, took home $1.5 billion. At 34, he is the youngest on the list. George Soros, the 78-year-old philanthropist, was the fourth best-paid manager, taking home $1.1 billion, the magazine reported.
It should be fairly noted that these people took a huge “hit” in 2008, made far less than the year before. Had I realized how badly off they are I’d have been with y’all all along railing against the proposed 3% increase in their taxes.
Why didn’t anyone mention this before? I’m with you now…there is no way they could afford to pay more taxes, they are near food stamp status now.
I didn’t know…
25 boberinyetagain // Mar 25, 2009 at 2:06 pm
I volunteer (given my newfound wisdom) to pay increased taxes in an effort to offset some of the heartache/belt tightening these poor sould must be enduring
26 onlineanalyst // Mar 25, 2009 at 3:28 pm
Plug in Obama’s name for a “devalued minister of a devalued nation,” and the taxpayers’ disgust becomes clearer.
No national leader of integrity spends an in-debt nation into four times the indebtedness and calls it “investment,” and no national leader who wants to promote prosperity takes away private sector jobs in order to replace them with public sector ones.
27 Newsman // Mar 25, 2009 at 4:12 pm
An article many of you would like in this month’s Rolling Stones Magazine “The Big Takeover” by Matt Taibbi.
Starts out “It’s over — we’re officially, royally f-cked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far.”
http://www.rollingstone.com/politics/story/26793903/the_big_takeover
28 Realitysage // Mar 25, 2009 at 5:09 pm
On a related note: The Obama administration and congress have announced a plan to print a couple of trillion dollars extra annually in paper currency then tax it outright at the proposed ceiling rate of 62%. “That way we can raise the funds to pay off the national debt that we’ll incur over the next ten years” said Sen. Barney Frank. But the plan has risen the concern of environmentalist who fear that the printing of more paper money will endanger the very trees that tree house activist occupy thus contributing to the problem of homelessness not to mention the increased global warming that will surely happen if there’s less trees to filter out the destructive effects of bovine flatulence….
29 JamesonLewis3rd // Mar 25, 2009 at 5:36 pm
Isn’t the paper our currency is printed on a blend of 75% cotton and 25% linen (with a few red and blue fibers sprinkled in)? Is there even any wood involved?
30 RedPepper // Mar 25, 2009 at 5:46 pm
Newsman #27: “An article many of you would like … ” ? I’m not so sure about that, frankly.
My initial take is, Matt Taibbi would sell his soul to the devil if he could only spend his last days on earth as Hunter S. Thompson, or William Greider at the very least, just as the cartoonist Victor Juhasz would probably do the same if he could be Ralph Steadman for his last few moments. That doesn’t mean I’d regard his piece as a penetrating analysis of the current economic crisis, or as a serious attempt at journalism. He does seem to have a pretty good feel for who he can demonize, what his intended audience will find entertaining, and so on …
31 onlineanalyst // Mar 25, 2009 at 6:05 pm
Okay, newsman, I read the long article, ignoring some of its snarky tone and gratuitous vulgarities.
That said, I have not like Paulson from the getgo nor Bernacke, the supposed “expert” on the Great Depression. Too many of his Fed policies appear to be sending us into a similar depression.
The problems described in the article appear to go back to the ’90’s or perhaps even further. I note that the piece minimizes the role that subprime mortgages had in furthering the credit default swaps on which the Ponzi scheme began to really blossom. It also has nothing to say about the role of Fannie and Freddie and their lack of oversight. While the writer has a lot of detail, he ignores some critical factors.
Nevertheless, I wonder at this paragraph re AIG’s Greenberg:
Known for his boldness and arrogance, Cassano took over as chief of AIGFP in 2001. He was the favorite of Maurice “Hank” Greenberg, the head of AIG, who admired the younger man’s hard-driving ways, even if neither he nor his successors fully understood exactly what it was that Cassano did. According to a source familiar with AIG’s internal operations, Cassano basically told senior management, “You know insurance, I know investments, so you do what you do, and I’ll do what I do — leave me alone.” Given a free hand within the company, Cassano set out from his offices in London to sell a lucrative form of “insurance” to all those investors holding lots of CDOs. His tool of choice was another new financial instrument known as a credit-default swap, or CDS.
Cassano is the one who should be behind bars. Yet I understand that it was Greenberg, who was driven out of AIG by Spitzer, even though Greeberg did not approve of the freewheeling style of Cassano’s investments.
It was Paulson, who forced TARP’s passage with chicken-little warnings. His and Geithner’s role in Goldman-Sachs has rubbed me the wrong way all along. I didn’t like Paulson’s secrecy in how “bailout” monies were to be distributed nor his backpedaling on how it was to be done.
I can’t say that I like this government-financial sector partnering that Giethner proposes any better. (Now that I think about it, isn’t Chelsea Clinton working for a hedge fund?) The fourth-largest hedge fund mentioned is the one owned by George Soros.
And so, with all of my blathering of thoughts on your link, I still have to say that the proposed Obama budget plans will only further take Americans into a black hole of serfdom while the oligarchs live high, whether they hail from Wall Street or the power corridors of government.
32 MajorDomo // Mar 25, 2009 at 6:07 pm
If you tried to write a story about the collapse of a great nation, you couldn’t top what Obummer and his collection of nincompoop Clinton holdovers, aided and abetted by a failed journalism, and gross public ignorance3 are now bringing to reality. God help us!
33 onlineanalyst // Mar 25, 2009 at 7:29 pm
As Rod Stewart would rock, “Every picture tells a story…”Here is the contrast in deficit budgets of Bush and Obama’s projected one. And, yes, the costs of the wars are included in Bush’s. Scan the whole piece.
34 Darthmeister // Mar 25, 2009 at 9:37 pm
Another new Constitutional Amendment to empower the government? I guess Obama won’t be happy until the hard work of nanny-state-Donks result in a full 57 amendments to the U.S. Constitution … you know, to match the number of states in the Union.
More liberal lies: “1 in 50 children now homeless during the recent economic downturn”.
Also implied, of course, IT’S BUSH’S AND THE REPUBLICAN’S FAULT!
This liberal lie is debunked here.
35 Darthmeister // Mar 25, 2009 at 9:44 pm
BTW, has anyone else had this problem with their county’s reassessment of their home for real estate tax purposes?
During this last year, when it was said home values fell ten to fifteen percent, how is it that the county assessor now says our home actually increased in value by a little more than five percent?
Of course we live in a Democrat-run town, in a Democrat-run country, in a Democrat-run state, so maybe that explains their new math.
Anyway, I’m going to get an independent appraisal of our home (I wish it was worth as much as the Democrat county assessor says it is) and submit it to the County Assessors Office - which is also populated by mostly Democrats.
36 Laughing@You // Mar 26, 2009 at 1:18 am
Of course, before Dumbyah, and before the voters learned the lessons of Republican deregulation, you lived in a Republican-run town, in a Republican-run country, in a Republican -run state, so maybe that explains their new math. (”No Child Left Behind, don’t you know?)
Is there anything Republican left?
Well, I guess there are a few backward people and places. Darth, is your water fluoridated?
Everthink?
37 Fred Sinclair // Mar 26, 2009 at 2:25 am
L@Y - At least you have a sense of humor, regardless of it’s acid, biting and twisted vent.
In your #23 post, you suggested that I should change the sort of water I drink. Thank you. As one good turn deserves another. I’ll suggest that you might possibly have a valid lawsuit in the making, since the lead in the paint you must have chewed off of your crib could account for your addled brain and serious mental disintegration.
Wow, if all the liberals filed multi-million dollar lawsuits against paint companies and crib manufacturers, the taxes on the settlements could easily pay off the entire national debt.
The billions involved in the tobacco lawsuits would be mere chump change. The companies involved would all be bankrupted so that would make the usurper happy. You libbers would have plenty of monety to underwrite all of your various “entitlement” progams, the lawyers would all become billionaires - sounds like a winner to me.
Maybe I should begin selling off my stock in Sherman-Williams? Or would that be considered insider trading?
38 Fred Sinclair // Mar 26, 2009 at 7:58 am
What I find to be an interesting excerpt from Newt Gingrich’s Newsletter:
Some communities have already held Tea Parties to fight back against Wall Street and Washington insiders who’d rather taxpayers ask fewer questions and write more checks.
Over 4,000 turned out in Orlando this past weekend.
More came out in Cincinnati than at anytime since the Vietnam War protests.
But all of this has been a warm-up act for April 15.
The Reagan Coalition is Reassembling itself to Fight the Obama Budget
Some Tea Party participants call themselves “God-fearing patriots,” and it’s a good description for the movement that is gaining strength.
In outrage against the billions of our dollars being used to pay for the irresponsible behavior of others — and the trillions more in the Obama budget that will be used to expand government even further into our lives — the Reagan coalition of the faithful and the fiscally conservative is reassembling.
There’s no super-rich sugar daddy like George Soros pulling the strings.
There’s no special interest group like Moveon.org creating the illusion of a grassroots movement.
And it’s not a taxpayer-funded “protest” group like ACORN.
It’s just ordinary Americans who believe in preserving American values and principles like faith, freedom and smaller government.
39 boberinyetagain // Mar 26, 2009 at 10:16 am
Fred, what number of people are they expecting as a turnout?
Does that number exceed .00000005% of the population?
Betcha it doesn’t…how about $1?
40 boberinyetagain // Mar 26, 2009 at 10:19 am
And no matter the turnout where were these folks while George trashed 2 out of 3 of those “ideals” that they suddenly hold so dear?
41 Fred Sinclair // Mar 26, 2009 at 11:53 am
There are what we know to be Islamic Jihadist Terrorists who are currently our enemy involved in our “War On Terror”. Family security Matters has this to say, today:
Mom, Apple Pie, and the Overseas Contingency Operation
I wish I were making this up — but no such luck. The Washington Post reports that the Obama administration has renamed the Global War on Terror. Apparently it is no longer a war, nor is terror worth mentioning. It is now the “Overseas Contingency Operation.”
Or, I suppose, if you want something a little snappier, the OCO.
If we could only persuade America’s enemies to use language like that, we’d win. Overcome with polysyllabic confusion, they’d spend most of their time wondering who they are fighting, or why.
As it is, my heart goes out to the brave American men and women fighting on the front lines of a very real war, who are now risking their lives not in the Global War on Terror, or World War IV, but in the Overseas Contingency Operation. Is that what Obama will still be calling it after the next attack on America’s shores?
Over at Jihad Watch, Robert Spencer does a neat summing up:
“And so now we are engaged in a great Overseas Contingency Operation, testing whether that nation or any nation so conceived and so dedicated can long endure. And be assured: if the Overseas Contingency Operatives succeed in pulling off another Contingency Operation on American soil on the scale of 9/11, or more than one, we will indeed be sorely tested — and utterly unprepared to meet the multifaceted cultural, military, political, and spiritual challenge the enemy presents.”
42 boberinyetagain // Mar 26, 2009 at 1:07 pm
He (Robert Spencer) seems to give some 5000-10,000 (worldwide) total wackjobs a bit more than their due but fear can be a wonderful thing.
It just doesn’t seem to work that way too often though…irrational fear makes one do irrational things and that leads to more, often more serious consequences.
43 Fred Sinclair // Mar 26, 2009 at 1:12 pm
Of course Jesus knew that Barack Hussein Obama and other wannabe messiahs would arise.
“Then if anyone says to you, ‘Behold, here is the Christ,’ or ‘There He is,’ do not believe him.
“For false Christs and false prophets will arise and will show great signs and wonders, so as to mislead, if possible, even the elect.
“Behold, I have told you in advance.
“So if they say to you, ‘Behold, He is in the wilderness,’ do not go out, or, ‘Behold, He is in the inner rooms,’ do not believe them. (Matt. 24:23-26)
I’m so glad that Jesus said, “so as to mislead, if possible, even the elect.” So for us Christians, it is not possible to mislead us. We have the spiritual insight (ears to hear and eyes to see) to see right through such ‘false Christs’.
Whether it’s James Warren “Jim” Jones of the Peoples Temple, in Jonestown, Guyana or Barack Hussein Obama of the Peoples Republic of Washington D.C. -
Of course Jesus knew that Barack Hussein Obama and other wannabe messiahs would arise.
“Then if anyone says to you, ‘Behold, here is the Christ,’ or ‘There He is,’ do not believe him.
“For false Christs and false prophets will arise and will show great signs and wonders, so as to mislead, if possible, even the elect.
“Behold, I have told you in advance.
“So if they say to you, ‘Behold, He is in the wilderness,’ do not go out, or, ‘Behold, He is in the inner rooms,’ do not believe them. (Matt. 24:23-26)
I’m so glad that Jesus said, “so as to mislead, if possible, even the elect.” So for us Christians, it is not possible to mislead us. We have the spiritual insight (ears to hear and eyes to see) to see right through such ‘false Christs’.
Whether it’s James Warren “Jim” Jones of the Peoples Temple, in Jonestown, Guyana or Barack Hussein “The One” Obama of the Peoples Republic of Washington D.C. - they shared the same common goal; total control of their subjects.
44 Fred Sinclair // Mar 26, 2009 at 1:16 pm
Oops doubled up by mistake - my bad - Fred
45 boberinyetagain // Mar 26, 2009 at 1:49 pm
And who, besides conservative nut cases, has ever referred to Obama as any sort of messiah?
No one I know thinks of him as anything but POTUS, but we do like that idea
46 Ms RightWing, Ink // Mar 26, 2009 at 3:27 pm
Ooops, there I go writing on the wall of the cafe again
FOOD STAMPS, PIGGLY WIGGLY STORES AND MORE
http://shellyscafe.blogspot.com/
47 MajorDomo // Mar 26, 2009 at 4:18 pm
Bober: ” Fred, what number of people are they expecting as a turnout?
Does that number exceed .00000005% of the population?
Betcha it doesn’t…how about $1″. .
.
I need every dollar I can get, with Obummer attacking everything and everybody. I’ll take you up on that!! Fred, can you find out the number they are expecting? Bober, you can go ahead and send my dollar to the Fund to Throw every Democrat Out Of Office (FTDOOO).
48 R.A.M. // Mar 26, 2009 at 4:22 pm
So bobblehead, you are saying Louie Farrakahn ia a Conservative nut case?
Get informed before you post dumb false statements like you just did and keep making yourself look more foolish than before, as if that were possible!
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=77539
wv: “opium well” I kid you not! It is what the trolls use to mix with their Kool Ade!!!! Fits right in here!
49 R.A.M. // Mar 26, 2009 at 4:49 pm
http://obamamessiah.blogspot.com/
bobblehead, Don’t you feel a little bit foolish with that comment, And who, besides conservative nut cases, has ever referred to Obama as any sort of messiah?
?
Probably not since you don’t feel foolish still defending OBOOBA and his stupid “TRANSPARENT” lies that keep piling up!
50 Deerslayer // Mar 26, 2009 at 5:34 pm
Bob #39: Ran a few number and guess I’ll take the $1 bet too. Could use the money. Think it will be taxed at 90%?
If anybody shows up we’ll win and I do mean that if 1 (one) person shows. There has to be an Englishman somewhere desiring a cup of tea.
51 Deerslayer // Mar 26, 2009 at 5:44 pm
Bob, I know it’s a lot of red tape to send me my $1.00 less $.90 in taxes so why don’t you just pay Mr. Ott directly. If enough Scrapplers take your bet, perhaps Scott can get that cup of coffee.
52 Laughing@You // Mar 27, 2009 at 12:21 am
“wv: “opium well” I kid you not! It is what the trolls use to mix with their Kool Ade!!!! Fits right in here!”
I kid you not, it’s “Kool-Aid”, you nincompoop!
Everthink?
53 Laughing@You // Mar 27, 2009 at 12:37 am
“The Reagan Coalition is Reassembling itself to Fight the Obama Budget.”
What do you mean when you say “Coalition”?
PRESIDENT OBAMA IS SUPPORTED BY 63% OF AMERICANS!
Fred, that leaves the remaining 37% for your coalition, but remember at least 10% of all Americans just like to bellyache, and won’t do anything. So, knock yourselves out!
But, try to conduct yourselves as well as Democrats did during the inauguration.
Everthink
54 gafisher // Mar 27, 2009 at 7:10 am
“… send me my $1.00 less $.90 in taxes …”
Interestingly, it appears that the people who earned those AIG bonuses but refused them will still have to report them as “income” and be required to pay local, state and federal taxes on them, a total tax burden of approximately 130%.
wv - mutely Manhattan - sank into ruin.
55 R.A.M. // Mar 27, 2009 at 1:07 pm
I kid you not, it’s “Kool-Aid”, you nincompoop!
Everthink?
I’ll take your word for it, you popinjay. Since you swill it daily, you MUST know the correct spelling!
wv: Queens breeding. This also fits what laughing gasbag thinks “it” is.
56 R.A.M. // Mar 27, 2009 at 1:11 pm
PRESIDENT OBAMA IS SUPPORTED BY 63% OF AMERICANS!
Everthink
HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha HA Ha!!!!!!!!!!!!!!!!!!
Is that a moveon.org or MSNBC poll moron?
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