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2 ads that Obama earned.
- Thread starter NVRBDR
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First ad:
[URL]http://www.youtube.com/watch?v=x0etEmiCL8M&feature=player_embedded
[/URL]Published on Jul 26, 2012 by mittromney
A few nights ago at a fundraiser, President Obama proudly proclaimed that his economic plan had "worked." Tell that to the millions of Americans now on food stamps. Tell that to the millions of Americans struggling to make ends meet. No Mr. President, it did not work.
Second ad:
http://www.youtube.com/watch?v=llQUrko0Gqw
Published on Jul 26, 2012 by AmericanFutureFund
President Obama wants us to believe his now infamous "you didn't build that" line was taken out-of-context. But he meant exactly what he said. Watch this video and then share it with friends if you believe individual Americans built our businesses, not big government!
[URL]http://www.youtube.com/watch?v=x0etEmiCL8M&feature=player_embedded
[/URL]Published on Jul 26, 2012 by mittromney
A few nights ago at a fundraiser, President Obama proudly proclaimed that his economic plan had "worked." Tell that to the millions of Americans now on food stamps. Tell that to the millions of Americans struggling to make ends meet. No Mr. President, it did not work.
Second ad:
http://www.youtube.com/watch?v=llQUrko0Gqw
Published on Jul 26, 2012 by AmericanFutureFund
President Obama wants us to believe his now infamous "you didn't build that" line was taken out-of-context. But he meant exactly what he said. Watch this video and then share it with friends if you believe individual Americans built our businesses, not big government!
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heckler7
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doesnt matter, Obama is gonna win this easier than the first election
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You think his policies, given another term, will turn things around eventually?
the economy needed stimulus from the bottom up not the top down, even . top down grants that give more to those that already have an excess is about as inefficient as stimulus can get when dealing with an economy that collapsed because of decades of extreme inequality in earnings and wealth. the majority of the stimulus for for unproductive tax cuts, with the majority of the gains going the top.
and the Obama statement is 100% accurate...it was the expansion of the monetary base that started under Reagan that allowed much of the growth that took the US to where it was today along with the decrease in the federal funds rate at the FED. but most of that growth was unproductive. it was all for the short term, not spending on education, infrastructure, etc. money and debt that may have helped the US grow some of the most profitable company's in word history but that doesn't equate to a more educated workforce or a more stable economy. most of the wealth has been extracted and sits idle as accumulated wealth at the top and the FIRE sector of the economy has taken the lions share of the national income while labor has seen their share of the national income hit all time lows.. but they are also what has caused the debt as well, so it's the old catch 22...
this stuff isn't rocket science...
the magical thinking "free market" ideologues that don't understand how economics works in reality will never except certain financial facts that everyone else does.
and the Obama statement is 100% accurate...it was the expansion of the monetary base that started under Reagan that allowed much of the growth that took the US to where it was today along with the decrease in the federal funds rate at the FED. but most of that growth was unproductive. it was all for the short term, not spending on education, infrastructure, etc. money and debt that may have helped the US grow some of the most profitable company's in word history but that doesn't equate to a more educated workforce or a more stable economy. most of the wealth has been extracted and sits idle as accumulated wealth at the top and the FIRE sector of the economy has taken the lions share of the national income while labor has seen their share of the national income hit all time lows.. but they are also what has caused the debt as well, so it's the old catch 22...
this stuff isn't rocket science...
the magical thinking "free market" ideologues that don't understand how economics works in reality will never except certain financial facts that everyone else does.
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Standard Donkey
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it will be a testament to american stupidity if either of these guys win
obama especially tho
obama especially tho
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Some, come on then. Five bullet points stating how to begin to fix this ****.
Well, what other options are there? It's going to be Romney or Obama, right?
You're recommending a coup?
Romney wants to deregulate the financial sector and repeal the Dodd-Frank Act. so either you work in finance or are about as stupid as they come. because it is exactly financial deregulation along with corporate governance that caused the housing crisis and the financial collapse which has now caused a global recession. it is the same behavior that caused the Great Recession.
the 2001 recession came after 16 years of economic expansion. the 2008 recession came after 7 years of the weakest economic expansion since WWII, another major US recession after another weak period of economic expansion will make the Great Depression seem like a holiday....
Some, come on then. Five bullet points stating how to begin to fix this ****.
Well, what other options are there? It's going to be Romney or Obama, right?
You're recommending a coup?
it doesn't get fixed, it is by design.....
but if we were to even begin to head in the right direction:
* re-instate all portions of Glass-Steagal that were repealed by the Gramm-Leach-Bliley Act Act along with making derivatives illegal.
* break up all of the banks that are even bigger now that were to big to fail in 2008 as is stated in Glass-Steagal
* repeal or replace many of the policy's that were changed under the Monetary Control Act of 1980. New powers were given to the FED and it also removed the interest rate ceiling that US banks could charge. take for example right now banks are borrowing from the FED at less than .25% and getting 14%+ on revolving credit card accounts. while the APR on savings accounts is less than 1% and real inflation is closer to 4-5% a year. I knew guys in Philly that used to work for Sammy the Bull in NY and the loan sharks in the mafia charged less than that.
* develop some sort of program where US based company's would be almost tax exempt if they employed a certain about of people in specific work sectors at a living wage and not the minimum wage which allows many full time workers to live in poverty. this would help reduce the size of government as being the largest employer in the country and help to develop a new prospective in that there is more to business than just maximum profits for those at the top of the company or the owners, etc.
* major healthcare reform. I haven't really looked at the data since the affordable care act was passed but the CBO predictions had healthcare costs at 50% of US GDP by 2050 I think. just think of how that will effect the economy if so much is being spent towards one basic category of expenses. in the 70's healthcare accounted for 1/10 of personal consumption expenses. reduced costs of medical school, allowing more foreign doctors to come in, etc.
* total reform of the US education system per the best seen practices in the reports from the OECD and PISA. also develop some sort of research group that can design new ways of testing children as standardized tests are only accurate when taken by those in the same income group and family structure, etc.
* no more "free trade" agreements which only seem to effect specific sectors of the economy. the US has the largest population in the OECD at 25% of the total OECD population. we also have the most liberalized labor force and the 2nd lowest union participation rate in the OECD with Turkey at #1. US workers are the least protected in the OECD.
heckler7
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no, were screwd. but thats what we have to look foward to
look how stupid he looked when he said that and he knew he was lying . Anyone here thinks Barry is going to win wake up man and be real thisa dude is crashing hard and the map will be all red . Just wait until the debates. If dummy thinks He can keep bringing up Bain capital to try and hurt Romney he's even more stupid then I thought. Well I know he's stupid
Now I need a laugh
heckler7
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your right Romneys magic underwear will save him
I don't think people understand what will happen if Romney wins and repeals Dodd-Frank. it's incredible just how little American's understand economics or recessions. they thought 2008 was "just another" recession...LMAO!
You are every bit as stupid as any Obama supporter. Both Romney and Obama are going to fuck things up even worse than they already are. Romney is counting on idiots like you to vote for him. If Romney thought he could win the presidency by offering to eat the corn out of your shit he would. What's funny is you're every bit the toolbox to believe him.
que? no comprendo...
imo, both parties and both candidates have shown their true color regarding big government and hatred for liberty. obama will bankrupt this country in his next term. I really hope he loses, we'll see soon enough...
Obama hasn't fucked anything up, it was totally fucked up before he was even sworn in. there isn't a single thing can be done to help the US economy at this point with the exception of reversing every single piece of neo-liberal economic policy that's been passed over the past 30 years and that aint happening. the top 1% in the US control almost 45% of the total wealth in the US and the housing crisis cost the working class 40% of their total wealth which will never be recovered.
the pre-2008 recession levels of consumption were unsustainable as they were based on debt fueled consumption.
the only bad decision Obama has made in regards to economic policy was being a pussy and giving into the GOP and not pushing for a bigger stimulus in 2009 with less going to tax cuts as they are the least effective form of stimulus. you just don't reverse 30 years of income and wealth inequality with legislation and austerity measures during recessions have NEVER worked in world history but the GOP demanded it and Obama caved.
the small increase in the personal savings rate is what's caused the reduction in real GDP growth. that increase is the combination of those that have reduced consumption either to increase retirement savings in the case of many boomers and those that have simply reduced consumption because it's the fiscal responsible thing to do even though technically there is no return on those savings due to the gap between the APR banks are paying and the rate of real inflation.
once the EU slips officially into recession and those effects hit the US MNE's they will once again reduce workforces like they did in 2008 and slash capital spending to boost profits to keep stock share prices from failing.
and that number of %47 that you guys that know nothing about econ love to quote was another direct result of the recession, just like the annual budget deficit at 1.2T which started in Nov of 2009.
and that would be because 66% of the US workforce is making what the median wage was in 1990's wages or below and of that 25% is making $13k or less in 1990's dollars...ever heard of inflation? it not only erodes purchasing power but reduces effective tax rates
and that %47 pay plenty of taxes at the state and local level...
Wage Statistics for 2010
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vicious 13
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I can't blame Obama for problems he inherited but I have no problem saying bush put usbin the situation we are in now u guys bitch oh Obama said the troops would b home for Christmas who sent them their who declared war
wow, and people defend him, as if he is doing something worth defending. his performance and accountability? He has neither.
vicious 13
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Your mad obamas having a hard time cleaning up someone else's mess
Mad? No, I'm not mad. That would serve no point...
I also don't close my eyes and believe his "hope and change" is good for the people of the USA.
I am Shocked at how easy people are deceived by his media BS and how fast he is moving us farther away from liberty and closer to being bk.
I acknowledge the disaster he walked into in2008, he had the greatest opportunity a potus has ever had. He could have been true to his promises, he lied like every other politician does.
I reckognize his commitment to our countries demise via his "hope and change"
heckler7
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just to set the record straight you guys are all wrong. Nobody knows how to fix this mess, and I dont expect any answers from career politicians.
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Well, that certainly gives me enough material to chew on.
I especially like the comment about OECD and PISA.
PISA - Measuring student success around the world - YouTube
I especially like the comment about OECD and PISA.
PISA - Measuring student success around the world - YouTube
