President Obama forces Republican politicians to eat their own words (Da-Video)

[Cigar]

https://www.youtube.com/watch?v=aDXlPybx25A

President Obama continues his new stride as he chides Republicans (http://egbertowillies.com/2015/01/30/president-obama-middle-class-economics-gop/) for their failed prognostications. Democratic politicians encouraged his silence during the 2014 elections. Imagine what could have been if Americans had realized they had something to vote for. Imagine if Americans had believed that those pushing a relatively progressive agenda believed in that agenda and was willing to fight for that agenda.

Back in January President Obama chided Republicans for their new found love for the American poor and the American middle class. On Wednesday he did more than that. He pointed out how off base Republican willful deceptive prognostication of his policies were.

Now, I want to return to the issue of the debate that we were having then because it bears on the debate we’re having now. It’s important to note that at every step that we've taken over the past six years we were told our goals were misguided; they were too ambitious; that my administration’s policies would crush jobs and explode deficits, and destroy the economy forever.

Remember that?

Because sometimes we don’t do the instant replay, we don’t run the tape back, and then we end up having the same argument going forward.

http://egbertowillies.com/2015/03/19/president-obama-forces-gop-politicians-to-eat-crow-video/


When he's Right he's Right :grin:

[Bo-4]

But Mittens promised 6% unemployment and $2.50 gas by 2016! :D

[Cigar]

But Mittens promised 6% unemployment and $2.50 gas by 2016! :D

They're Speechless ... they can't come up with a Good enough Lie to refute the Facts :laugh:

[zelmo1234]

What is the workforce participation rate?

Why have Americas middle class lost 40% of their wealth and 5 thousand in annual income.

What is it that President Obama and his administration have done to reduce the cost of energy in the USA

Just a few Questions.

[Bo-4]

They're Speechless ... they can't come up with a Good enough Lie to refute the Facts :laugh:

That was a brilliant segment. Loved the way they cut to Goober Doocy on Fox-n-Friends "hey, 6% sounds pretty good!"

Of course now, "the numbers are cooked". ;-)

https://s-media-cache-ak0.pinimg.com/236x/48/4e/46/484e46efc97bccb5bbe601916316041e.jpg

[Bo-4]

What is the workforce participation rate?

Why have Americas middle class lost 40% of their wealth and 5 thousand in annual income.

What is it that President Obama and his administration have done to reduce the cost of energy in the USA

Just a few Questions.

Too much Fox, too much time Z. ;-)

[Cigar]

What is the workforce participation rate?

Why have Americas middle class lost 40% of their wealth and 5 thousand in annual income.

What is it that President Obama and his administration have done to reduce the cost of energy in the USA

Just a few Questions.

The Participation rate equals the number of people who want to Participate.

You can't force those who retire or don't want to work ... look for work ... get over it.

[zelmo1234]

Too much Fox, too much time Z. ;-)

I am sorry I will try and look to other sources.

http://data.bls.gov/timeseries/LNS11300000

Well the Department of labor, under the Obama administration seems to agree with the first part of my statement.

http://www.pewsocialtrends.org/2012/08/22/the-lost-decade-of-the-middle-class/

And it appears that Pew Research agrees that the middle class has lost a very high percentage of their wealth and the largest drop started in 2009

[zelmo1234]

I am sorry Bo, I hit the post button too soon

http://economix.blogs.nytimes.com/2013/03/28/median-household-income-down-7-3-since-start-of-recession/?_r=0

So the NYT agrees that the average income is down, about 5K

So it appears that you may need to start watching a different news source, because you are believing a lie?

[Bo-4]

And it appears that Pew Research agrees that the middle class has lost a very high percentage of their wealth and the largest drop started in 2009

You should talk to Republicans about tax cuts/ breaks for the rich, and sticking it to the poor/ middle class at every opportunity for the past 30 years.

[zelmo1234]

The Participation rate equals the number of people who want to Participate.

You can't force those who retire or don't want to work ... look for work ... get over it.

And what would happen if the same number of people wanted to work Way back in 2008 were to want to work again.

And that being said, don't you think it is funny that there are fewer people wanting to work today, than since the 1970's seeing that the population is considerably higher

You don't find that funny at all?

[Bo-4]

And what would happen if the same number of people wanted to work Way back in 2008 were to want to work again.

And that being said, don't you think it is funny that there are fewer people wanting to work today, than since the 1970's seeing that the population is considerably higher

You don't find that funny at all?

No, not when we have thousands of baby boomers retiring every day.

[Common Sense]

And what would happen if the same number of people wanted to work Way back in 2008 were to want to work again.

And that being said, don't you think it is funny that there are fewer people wanting to work today, than since the 1970's seeing that the population is considerably higher

You don't find that funny at all?

Over 4 million baby boomers retire every year. Over 6 years?...it's simple math.

[zelmo1234]

You should talk to Republicans about tax cuts/ breaks for the rich, and sticking it to the poor/ middle class at every opportunity for the past 30 years.

Well lets just take a look at that

The last tax package that was proposed was GWB and President Obama let those tax cuts expire

NOW there were only 9 million more people working on the day that Obama took office.

Then let us go back to the last tax cut before GWB

http://en.wikipedia.org/wiki/Taxpayer_Relief_Act_of_1997

But that was President Clinton and it was mostly a benefit to investors or the rich

And more than half of the 23 million jobs that were created under Clinton came after that?

So it appears that you have your facts wrong again?

[Common Sense]

No, not when we have thousands of baby boomers retiring every day.

Approx 11,000 a day.

[zelmo1234]

Over 4 million baby boomers retire every year. Over 6 years?...it's simple math.

Well let us take a look at that?

http://www.ask.com/education/many-people-graduate-college-year-8b0ccf821050d39e

So let us assume that only collage graduates are looking for work in the USA

So that would mean that there are about 250 thousand more people retiring than are looking for work.

So Obama has been in office for 6 years so using those numbers the workforce should have dropped by 1.5 million

What happened to the other 7.5 million assuming that nobody that did not graduate collage is looking for a job

[Reason10]

https://www.youtube.com/watch?v=aDXlPybx25A

President Obama continues his new stride as he chides Republicans (http://egbertowillies.com/2015/01/30/president-obama-middle-class-economics-gop/) for their failed prognostications. Democratic politicians encouraged his silence during the 2014 elections. Imagine what could have been if Americans had realized they had something to vote for. Imagine if Americans had believed that those pushing a relatively progressive agenda believed in that agenda and was willing to fight for that agenda.

Back in January President Obama chided Republicans for their new found love for the American poor and the American middle class. On Wednesday he did more than that. He pointed out how off base Republican willful deceptive prognostication of his policies were.

Now, I want to return to the issue of the debate that we were having then because it bears on the debate we’re having now. It’s important to note that at every step that we've taken over the past six years we were told our goals were misguided; they were too ambitious; that my administration’s policies would crush jobs and explode deficits, and destroy the economy forever.

Remember that?

Because sometimes we don’t do the instant replay, we don’t run the tape back, and then we end up having the same argument going forward.

http://egbertowillies.com/2015/03/19/president-obama-forces-gop-politicians-to-eat-crow-video/


When he's Right he's Right :grin:

He was wrong. The economy is still the worst in history. And now he's just wiping his assss with the Constitution.

The Republicans should just IMPEACH that illegal alien TRAITOR once and for all.
https://s.yimg.com/fz/api/res/1.2/8LsW42E1LJqx7Jnfivd0.Q--/YXBwaWQ9c3JjaGRkO2g9NDgwO3E9OTU7dz02NDA-/https://ioncoalition.files.wordpress.com/2014/09/obama-behind-bars-jail.jpg

[Bo-4]

Approx 11,000 a day.

Damn freeloaders.. they could be like Shelly Adelson if they worked until they were 81! ;-)

[Cigar]

:grin20: I Love it, they're losing their Cool

[zelmo1234]

:grin20: I Love it, they're losing their Cool

Who is losing their cool.

I have posted some facts and I am waiting for the rebuttal?

The only one with the naughty words?? is the left

[Blackrook]

I wonder if Obama really believes his own bullshit.

I wonder if Cigar really believes the bullshit the Democratic party shovels to him every day.

My guess is, no.

[zelmo1234]

I wonder if Obama really believes his own bull$#@!.

I wonder if Cigar really believes the bull$#@! the Democratic party shovels to him every day.

My guess is, no.

You like many others have made the mistake of thinking that Democrats are concerned with results.

They could not give two shits about the results of any of their programs.

It is all show, and they want to be perceived as being compassionate and caring.

So it does not matter that the stimulus, ACA, welfare, the withdraw from Iraq, educations does not work

They only want to be able to get a little more funding and then tell the people just how much that care about them.

So yes Obama and Cigar both are believers, but not that it is working, they could care less if people are being hurt or left behind.

As long as they can point to something and tell the people it was designed to help them! and just how much they pretend to care.

[Redrose]

What is the workforce participation rate?

Why have Americas middle class lost 40% of their wealth and 5 thousand in annual income.

What is it that President Obama and his administration have done to reduce the cost of energy in the USA

Just a few Questions.


Don't waste your breath, they are drowning in liberal Kool-aid.

They won't catch on until they are bitten on the butt by the Obama mess.

[Cigar]

http://s2.quickmeme.com/img/bb/bbefb4c7b85e8a803dfdff2f206f41bee897dfc28cefca88bf 86346e8b80b584.jpg

[Mac-7]

http://s2.quickmeme.com/img/bb/bbefb4c7b85e8a803dfdff2f206f41bee897dfc28cefca88bf 86346e8b80b584.jpg

Another cut and paste picture from an illiterate lib.

[Cigar]

Another cut and paste picture from an illiterate lib.

Like Clock Work here she is ... :laugh:

[zelmo1234]

http://s2.quickmeme.com/img/bb/bbefb4c7b85e8a803dfdff2f206f41bee897dfc28cefca88bf 86346e8b80b584.jpg

When did you change you name to Bitch? It has a nice ring to it :)

[Cigar]

When did you change you name to $#@!? It has a nice ring to it :)

http://rs1img.memecdn.com/Slap-That-Ass_o_103074.gif

[Peter1469]

Approx 11,000 a day.

I have posted facts about the labor force participation rate before. Older age groups have increased in employment. The drop is at the lower end- the young. That is why I say our economy is not recovering despite what the hard left and the media, sorry I repeat myself, say.
Anyway, the Fellow Travelers are going to keep up with their false memes.

[Peter1469]

The GOP was going to impeach Obama. Then they saw your hysterics (caps) and pulled back.

Great job.
He was wrong. The economy is still the worst in history. And now he's just wiping his assss with the Constitution.

The Republicans should just IMPEACH that illegal alien TRAITOR once and for all.
https://s.yimg.com/fz/api/res/1.2/8LsW42E1LJqx7Jnfivd0.Q--/YXBwaWQ9c3JjaGRkO2g9NDgwO3E9OTU7dz02NDA-/https://ioncoalition.files.wordpress.com/2014/09/obama-behind-bars-jail.jpg

[birddog]

http://rs1img.memecdn.com/Slap-That-Ass_o_103074.gif

Were you the "Buck" on the road? Self-deprecating racism? :grin:

[texan]

I don't expect you to read this because I know you don't care about facts and primarily deal in hyperbole but here the truth is anyway:

I like it when opinions become facts..............I like he acted insincerely as he complains about by tying the housing crisis to Bush............

LOL

I am sure this had nothing to do with it:
https://tjhancock.wordpress.com/housing-bubble-financial-crisis-detailed-comprehensive-assessment/

In 1995, the Clinton Administration changed the law (http://www.heritage.org/Research/Economy/HL516.cfm) governing GSEs’ mission — the Community Reinvestment Act (CRA) — to encourage more lending (http://www.nypost.com/p/news/opinion/opedcolumnists/item_S6MsT275m3Ybbsm3TdxIxN) in poor neighborhoods. Previously, the CRA directed government tomonitor banks’ (http://www.nhi.org/online/issues/80/fanny.html) lending practices to make sure they did not violate fair lending rules in poor neighborhoods. With the 1995 change, the government published each bank’s lending activity and started giving bank ratings based primarily upon the amount of lending it performed in poor neighborhoods. These changes empowered community organizations, such as ACORN, to pressure banks to increase lending activities in poorer neighborhoods — which involved reducing mortgage loan standards — or face backlash from those organizations’ private and political associates. For instance, if Chase made 100 mortgages in a poor Chicago district, and Countrywide 150, the government would likely give Chase a lower CRA rating, and community organizers could pressure politicians to make it more difficult for Chase to get licensed to do full ranges of business in new areas of the country. Low CRA ratings could also disadvantage Chase with regard to government lending programs and make it more difficult for Chase to participate in mergers and acquisitions.

http://georgewbush-whitehouse.archives.gov/news/releases/2008/10/20081009-10.html
Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties. In fact, it was Congress that flatly rejected President Bush's call more than five years ago to reform the GSEs. Over the years, the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems with the GSEs.
2001

April: The Administration's FY02 budget declares that the size of Fannie Mae and Freddie Mac is "a potential problem," because "financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity." (2002 Budget Analytic Perspectives, pg. 142)
2002

May: The Office of Management and Budget (OMB) calls for the disclosure and corporate governance principles contained in the President's 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac. (OMB Prompt Letter to OFHEO, 5/29/02)
2003

February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.


September: Then-Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact "legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises" and set prudent and appropriate minimum capital adequacy requirements.


September: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)


October: Senator Thomas Carper (D-DE) refuses to acknowledge any necessity for GSE reforms, saying "if it ain't broke, don't fix it." (Sen. Carper, Hearing of Senate Committee on Banking, Housing, and Urban Affairs, 10/16/03)


November: Then-Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any "legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk." To reduce the potential for systemic instability, the regulator would have "broad authority to set both risk-based and minimum capital standards" and "receivership powers necessary to wind down the affairs of a troubled GSE." (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)
2004

February: The President's FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and calls for creation of a new, world-class regulator: "The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore … should be replaced with a new strengthened regulator." (2005 Budget Analytic Perspectives, pg. 83)
February: Then-CEA Chairman Mankiw cautions Congress to "not take [the financial market's] strength for granted." Again, the call from the Administration was to reduce this risk by "ensuring that the housing GSEs are overseen by an effective regulator." (N. Gregory Mankiw, Op-Ed, "Keeping Fannie And Freddie's House In Order," Financial Times, 2/24/04)
April: Rep. Frank ignores the warnings, accusing the Administration of creating an "artificial issue." At a speech to the Mortgage Bankers Association conference, Rep. Frank said "people tend to pay their mortgages. I don't think we are in any remote danger here. This focus on receivership, I think, is intended to create fears that aren't there." ("Frank: GSE Failure A Phony Issue," American Banker, 4/21/04)
June: Then-Treasury Deputy Secretary Samuel Bodman spotlights the risk posed by the GSEs and calls for reform, saying "We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system. Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs: Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System." (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)
There were more attempts past these on the link. If you really want to understand what happened.

[texan]

Not to mention the famous YouTube of Barney's Frank lying to everyone about this issue saying all the concern is BS and the firms are in great shape.

Thanks Barney enjoy spending whatever they paid you!

[Mini Me]

Like Clock Work here she is ... :laugh:

There are only three things that are inevitable;

Death, taxes, and

Mac-7!

He's gotta be a paid poster!