Savior holds first fear-mongering press conference

By Michelle Malkin  •  February 9, 2009 07:57 PM

The wealth-redistributor-in-chief, his High Holiness, is set to begin his first official prime-time press conference at 8pm Eastern.

Will he go all Howard Dean?

Will he get snippy?

Drinking game buzzwords: “Bipartisan,” “crisis,” “get the economy moving again,” “create jobs.”

Add your own.

Update 8:05pm Eastern. President Obama. “It is only government that can break the vicious cycle.”

Jobs, jobs, jobs. Investment, investment, investment.

Gag. President Obama claims to be acting on behalf of my children and grandchildren.

Stop, thief.

Update 8:13pm Eastern. Obama dissing those who have criticized FDR’s growth-stifling interventions. Attempts to shut down and whitewash the economic dissenters. It’s the Obama way.

8:15pm Eastern. BOHICA. Obama says trillion-dollar porkulus is “just one step.” Mentions Geithner initiatives still to come…here comes the new mortgage entitlement.

8:40pm Eastern. Huffington Post has a seat in the WH press conference room. Nutroots membership has its privileges.

8:58pm Eastern. Obama lectures conservatives: “People need to break out of their ideological rigidity.”

Repeatedly insists that there is no dissent among economists about his porkulus.

I repeat: President Obama, you can’t stifle this dissent.

Ends the press conference: “Thank you, guys.”

To quote Twitter conservative Lea Hendry Valle:”I’ll be holding onto my ideological rigidity until they pry it from my cold dead fingers.”

Posted in: fiscal stimulus

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  12. About Contact Archives RSS Columns Photos * About * Contact * Archives * RSS * Columns * Photos Michelle Malkin Savior holds first fear-mongering press conference « Conservative Thoughts and Profundity
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Comments


  1. #616653
    On February 9th, 2009 at 8:49 pm, MtsEdge said:

    On February 9th, 2009 at 8:15 pm, bluesoc said:

    TARP was not designed to attack unemployment. It was designed to keep the financial system from collapsing.

    You’re right. I just assumed that the Wall Street “crisis”, “averting financial collapse”, and availability of jobs are all related.

  2. #616654
    On February 9th, 2009 at 8:49 pm, jbh45 said:

    He lets his kids listen gangsta rap. What message is that?

  3. #616656
    On February 9th, 2009 at 8:50 pm, WaterBoyz said:

    “so called terrorists”
    WTH ?

  4. #616657
    On February 9th, 2009 at 8:50 pm, cntryjoe said:

    His answer to Major Garrett: “I don’t know.” This, of course, was preceeded by about 2 minutes of total BS.

    He is soooooooooo in over his head.

  5. #616658
    On February 9th, 2009 at 8:50 pm, d1carter said:

    What has happened to Helen? That question made me cringe.

  6. #616659
    On February 9th, 2009 at 8:50 pm, hunter said:

    Drinking game buzzwords: “Bipartisan,” “crisis,” “get the economy moving again,” “create jobs.”

    If you want to puke and go blind and cause permanent damage to your liver, how about “uh”!!

  7. #616660
    On February 9th, 2009 at 8:52 pm, jbh45 said:

    He has to step lightly on this subject because he was already scolded by Israel.

  8. #616661
    On February 9th, 2009 at 8:52 pm, WaterBoyz said:

    Reduce our nuke program ???
    No way.
    We need that big stick.

  9. #616662
    On February 9th, 2009 at 8:53 pm, rplatt said:

    This guy is a terrible fear and panic monger. Unfortunately, as he probably predicted, the sheep in this country are falling for it.

  10. #616663
    On February 9th, 2009 at 8:53 pm, cntryjoe said:

    Wow, a question from the Huffington post. What next, the Daily Kos?

  11. #616664
    On February 9th, 2009 at 8:53 pm, FamilyMan said:

    bluesoc said:
    TARP was not designed to attack unemployment. It was designed to keep the financial system from collapsing.

    Did it work?
    Give one historical instance when Keynesian economics worked.

  12. #616665
    On February 9th, 2009 at 8:53 pm, MtsEdge said:

    On February 9th, 2009 at 8:52 pm, WaterBoyz said:
    Reduce our nuke program ???
    No way.
    We need that big stick.

    Now more than ever.

  13. #616666
    On February 9th, 2009 at 8:54 pm, jbh45 said:

    Due process for terrorists? So marines now are going to read them the miranda?

  14. #616667
    On February 9th, 2009 at 8:54 pm, mjk said:

    Uh…, Uhhh…. Uhhhhhhhh (times 100).

  15. #616668
    On February 9th, 2009 at 8:54 pm, crashemt said:

    Sweet! No more keeping teh terrorist’s alive. Obama said he would abide by Geneva.

    Awaiting summary execution of non-uniform partisans…

  16. #616670
    On February 9th, 2009 at 8:55 pm, mjk said:

    It’s easy to spend money, NPR lady? Of course it is. When it ain’t yours.

  17. #616671
    On February 9th, 2009 at 8:55 pm, mjk said:

    Sweet! No more keeping teh terrorist’s alive. Obama said he would abide by Geneva.

    Awaiting summary execution of non-uniform partisans…

    LOL. You’ll be waiting a long time, baybay.

  18. #616672
    On February 9th, 2009 at 8:56 pm, cntryjoe said:

    So, he’ll prosicute criminal behavior in the Bush admin, yet if you organize a bombing of the USS Cole and kill 17 sailors, you get all charges dropped.

    Ooooookay.

  19. #616673
    On February 9th, 2009 at 8:56 pm, bluesoc said:

    Did it work?
    Give one historical instance when Keynesian economics worked.

    1. TARP was not Keynesian economics
    2. WWII is a great example

  20. #616674
    On February 9th, 2009 at 8:56 pm, jbh45 said:

    Put debate aside and just swallow the whole stink’n piece of crap!

  21. #616678
    On February 9th, 2009 at 8:59 pm, wrcnossen said:

    I am sick of this talk of how the national debt was doubled under Bush. Just how much of this excessive spending did The One vote against?

  22. #616679
    On February 9th, 2009 at 8:59 pm, WaterBoyz said:

    He just pissed off the teachers union. Charterer schools are innovative.

  23. #616680
    On February 9th, 2009 at 9:00 pm, 55dodger said:

    POTUS is sure being really negative.

  24. #616681
    On February 9th, 2009 at 9:00 pm, mjk said:

    I am sick of this talk of how the national debt was doubled under Bush. Just how much of this excessive spending did The One vote against?

    Present totes counts, doesn’t it?

  25. #616682
    On February 9th, 2009 at 9:00 pm, jbh45 said:

    On February 9th, 2009 at 8:59 pm, wrcnossen said:

    I am sick of this talk of how the national debt was doubled under Bush. Just how much of this excessive spending did The One vote against?

    He voted “present”.

  26. #616683
    On February 9th, 2009 at 9:00 pm, mjk said:

    How many frigging times did he mention “Elkart”?

  27. #616684
    On February 9th, 2009 at 9:01 pm, crashemt said:

    Have to say, the one statement I agree with Obama on is that it’s hard to give credibility to Republicans who have screwed us over so badly.

    ARE YOU LISTENING, RINOS? The other side is telling you why you were so soundly defeated in the last two elections. TAKE THE HINT :-(

  28. #616685
    On February 9th, 2009 at 9:01 pm, Atlanta Media Guy said:

    I have spit more beer on my keyboards reading these comments! This is much better than listening to Prompterbama rattle on about uhhhhhhh uhhhhhhh errrrr ummmmmm NOTHING but BS! Okay, I’m drinking another beer! I have to say great questions and horse squeeze for uh er um answers. Thank you Mr. Prompterbama!

  29. #616686
    On February 9th, 2009 at 9:01 pm, mjk said:

    He voted “present”.

    Great minds think alike.

  30. #616687
    On February 9th, 2009 at 9:01 pm, karenhasfreedom said:

    ok, 24 is supposed to start now, Obabmi, STFU, get off the tv, real important tv is supposed to start now (including The Bachelor)!!!

  31. #616689
    On February 9th, 2009 at 9:02 pm, jbh45 said:

    On February 9th, 2009 at 9:01 pm, crashemt said:

    Have to say, the one statement I agree with Obama on is that it’s hard to give credibility to Republicans who have screwed us over so badly.

    ARE YOU LISTENING, RINOS? The other side is telling you why you were so soundly defeated in the last two elections. TAKE THE HINT

    I second that emotion.

  32. #616690
    On February 9th, 2009 at 9:03 pm, cntryjoe said:

    He is right in one sense: the spending of congress under Bush helped (not caused, but helped) get us into this mess. Thank GWB and his “compassionate (i.e. big government) conservatism” for BHO.

  33. #616692
    On February 9th, 2009 at 9:04 pm, Snooper said:

    This is what I got out of this “presser”.

    I WON! I WON! I WON! I WON! I WON! I WON!

  34. #616693
    On February 9th, 2009 at 9:04 pm, RedRepub said:

    Helen Thomas refers to “so called terrorists” being harbored in the Middle East.

    Obama kicks the hard economic questions to the Treasury Sec for later. “I don’t want to preempt him”. puh-lease Avoiding a good question so as to provide the Tresury Sec a day in the spotlight??

    Obama leaves open the possibility of prosecuting Bush. He will “review uh Leahy’s uh proposal”.

    One reporter says the crap sammidge should be a “relatively easy decision” and blames delays it on the GOP.

  35. #616694
    On February 9th, 2009 at 9:04 pm, Wethal said:

    Mr Madison, what you’ve just said is one of the most insanely idiotic things I’ve ever heard. At no point in your rambling, incoherent response was there anything that could even be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.

    Adam Sandler’s movie “Billy Madison” (courtroom scene)

    Somehow this came to mind…

  36. #616697
    On February 9th, 2009 at 9:05 pm, RedRepub said:

    How many frigging times did he mention “Elkart”

    Someone in the press should have asked him to spell it.

  37. #616698
    On February 9th, 2009 at 9:05 pm, MtsEdge said:

    Early on, he made a comment about inheriting(?) $1 Trillion of debt…I yelled at the TV, “Which you are doubling in less than 2 weeks!!”

  38. #616699
    On February 9th, 2009 at 9:06 pm, crashemt said:

    On February 9th, 2009 at 8:56 pm, bluesoc said:
    1. TARP was not Keynesian economics
    2. WWII is a great example

    Which collapsed immediately after WWII, which was then propped up by
    1. The Cold War
    2. Vietnam

    You see, when there was no market left for arms, Kennedy and Johnson created one!

    Eisenhower warned about this “Military-Industrial Complex” on his last speech to the American people. You can see it here: Eisenhower warns us of the military industrial complex.

    Those who do not know and understand history should not use it as an example.

  39. #616702
    On February 9th, 2009 at 9:09 pm, backwoods conservative said:

    Someone in the press should have asked him to spell it.

    That wouldn’t work. By the time he got to the last letter you’d have forgotten what the first one was.

  40. #616703
    On February 9th, 2009 at 9:09 pm, chapoutier said:

    So I have to ask my believer friends out there…is this how you feel after Mass?

    All hopey and warm and tingly inside?

    Or is that just the copious alcohol?

  41. #616704
    On February 9th, 2009 at 9:10 pm, d1carter said:

    Boy, this guy is going to go through a whole bunch of tap shoes in the next four years….10-12 minutes per question of soft shoe.

  42. #616705
    On February 9th, 2009 at 9:11 pm, mjk said:

    So I have to ask my believer friends out there…is this how you feel after Mass?

    All hopey and warm and tingly inside?

    Or is that just the copious alcohol?

    Is THAT how people get through Mass? Hmm, second look at Catholicism.

    Someone in the press should have asked him to spell it.

    Even I’m not sure that I spelled it right….

  43. #616706
    On February 9th, 2009 at 9:11 pm, AlohaGuy said:

    Those who do not know and understand history should not use it as an example.

    You forgot to tell him Eisenhower was a Republican. ;)

  44. #616707
    On February 9th, 2009 at 9:12 pm, karenhasfreedom said:

    ok 9:11, 24 is now on, when did the network start the show?

  45. #616709
    On February 9th, 2009 at 9:13 pm, AlohaGuy said:

    Someone in the press should have asked him to spell it.

    Ashley Judd; “Elk-heart, and stop shhoting them from helicopters.”

  46. #616710
    On February 9th, 2009 at 9:13 pm, AlohaGuy said:

    shhoting

    Haha in a spelling joke too….

  47. #616711
    On February 9th, 2009 at 9:14 pm, RedRepub said:

    OK y’all:

    Look at the AOL poll:

    Somebody cache this now!

    What did you think of Obama’s prime-time speech and press conference?
    Thumbs up
    Thumbs up
    I didn’t watch

  48. #616713
    On February 9th, 2009 at 9:16 pm, Mookie said:

    On February 9th, 2009 at 9:09 pm, chapoutier said:

    So I have to ask my believer friends out there…is this how you feel after Mass?

    All hopey and warm and tingly inside?

    Or is that just the copious alcohol?

    :lol:

  49. #616714
    On February 9th, 2009 at 9:17 pm, flenser said:

    So I have to ask my believer friends out there…is this how you feel after Mass?

    Assuming they’re all governemnt employees, than I’d guess that they feel giddy with joy.

    Any of them who work in the private sector are probably trying to decide whether to kill themselves by gunshot, hanging, or drowning.

  50. #616715
    On February 9th, 2009 at 9:19 pm, John Deaux said:

    On February 9th, 2009 at 8:56 pm, bluesac said:

    2. WWII is a great example

    It seems to me the government was borrowing money heavily from the populace as well as rationing goods during that time. Ever heard of War bonds and stamps?

    Do you know of anyone who would buy a TARP bond? Is anybody willing to sacrifice their comforts or volunteer to help the TARP effort?

    Try sticking to a subject you might know a little something about, if there is one.

  51. #616716
    On February 9th, 2009 at 9:20 pm, chapoutier said:

    RedRepub,

    You mean the same AOL polls that RedPill cited as evidence that Obama was actually losing every state except one to McCain?

    Yeah…that turned out to be real reliable.

    Bottom line, if you are still using AOL, you are probably too stupid to have an informed opinion about anything.

  52. #616717
    On February 9th, 2009 at 9:20 pm, Cal City Conservative said:

    On February 9th, 2009 at 9:14 pm, RedRepub said:

    OK y’all:

    Look at the AOL poll:

    Somebody cache this now!

    What did you think of Obama’s prime-time speech and press conference?
    Thumbs up
    Thumbs up
    I didn’t watch

    Interesting isn’t it? Thumbs up is winning HAHA! At least the rest are showing him in a downward spiral and I tend to believe the second one should be down but who knows with the worship that goes on with this idiot.

  53. #616719
    On February 9th, 2009 at 9:22 pm, flenser said:

    Bottom line, if you are still using AOL, you are probably too stupid to have an informed opinion about anything.

    Your sense of humor is still impaired. Did you see what he wrote?

    What did you think of Obama’s prime-time speech and press conference?
    Thumbs up
    Thumbs up
    I didn’t watch

    See anything odd there? Need a hint?

  54. #616720
    On February 9th, 2009 at 9:22 pm, teachem2 said:

    chap, RedRepub was only referencing the choices for the poll, not the results. There’s 2 choices that say “thumbs up” and there’s not a “thumbs down” as an alternative.

  55. #616721
    On February 9th, 2009 at 9:24 pm, Cal City Conservative said:

    February 9th, 2009 at 9:20 pm, chapoutier said:

    Bottom line, if you are still using AOL, you are probably too stupid to have an informed opinion about anything.

    Just like the sheep that flock to your messiah PBHO.

  56. #616722
    On February 9th, 2009 at 9:24 pm, flenser said:

    One reporter says the crap sammidge should be a “relatively easy decision” and blames delays it on the GOP.

    Yeah, that sounds like one of our “reporters” all right.

  57. #616723
    On February 9th, 2009 at 9:25 pm, Laree said:

    That didn’t go well, I guess there won’t be anymore huh?

  58. #616724
    On February 9th, 2009 at 9:27 pm, Cal City Conservative said:

    On February 9th, 2009 at 9:22 pm, teachem2 said:

    chap, RedRepub was only referencing the choices for the poll, not the results. There’s 2 choices that say “thumbs up” and there’s not a “thumbs down” as an alternative.

    You had to point that out to his dumb ass? I thought he was one of these brighter than thou lawyers.

  59. #616725
    On February 9th, 2009 at 9:27 pm, chapoutier said:

    oops…

    Ha. Sorry. What about a super duper two thumbs plus big toes option? Cause that is what I am leaning toward.

  60. #616726
    On February 9th, 2009 at 9:27 pm, Cadman said:

    “Uhh, since the Republicans screwed the American people, they shouldn’t complain when I want to screw the American people.”
    BO

  61. #616727
    On February 9th, 2009 at 9:28 pm, chapoutier said:

    Cal…

    I blame the drink. As any good lawyer would.

  62. #616728
    On February 9th, 2009 at 9:28 pm, dadinseattle said:

    The question that should have been asked but wasn’t:

    Deep down, do you know that you are a fraud and this may prove detrimental to our country?

  63. #616731
    On February 9th, 2009 at 9:30 pm, deedledee said:

    I still can’t get Charlie Gibson’s He-answered-each-question-as-a-teaching-moment comment. I guess the next 4 years will be a white-wash of any hoped for realism.

  64. #616734
    On February 9th, 2009 at 9:36 pm, Southern Partisan said:

    To paraphrase the great man of letters Lewis Black; I don’t have enough bread crumbs.

  65. #616736
    On February 9th, 2009 at 9:37 pm, MNUSMCDavid said:

    What a piece of work. talk with no points… breathing and being smarmy…. he’s a CIC that needs his hootch surprised with a concussion grenade for giggles.

  66. #616738
    On February 9th, 2009 at 9:41 pm, John Deaux said:

    I was waiting to hear someone ask him a real question like:

    “So Mr President, what is the secret to your extreme coolness?”

  67. #616740
    On February 9th, 2009 at 9:42 pm, rightisright said:

    2 years campaigning and answering loaded questions from these reporters and he still doesn’t know their names?

    Imagine if you will, the stupidity of the people that voted for this dolt.

  68. #616742
    On February 9th, 2009 at 9:44 pm, maroonedinmarin said:

    Obama is using the bully pulpit precisely to bully and scare America into accepting this crap sandwich.

  69. #616744
    On February 9th, 2009 at 9:45 pm, Cosmo said:

    HuffPoo is all about stifling dissent. That’s the only explanation I can give for being banned twice from there–since I don’t use profane language nor do I engage in ad hominem attacks.

    Ridiculous.

    As for Pres. BOHICA (I love that, MM!), I don’t want to BO anymore. My waist is getting tired. (Not to mention my wallet.)

  70. #616745
    On February 9th, 2009 at 9:45 pm, chapoutier said:

    2 years campaigning and answering loaded questions from these reporters and he still doesn’t know their names?

    Who said he didn’t know their names? He may not have yet memorized where they sit, but I guess I am willing to forgive that, seeing as I am just totally in the tank for him.

  71. #616746
    On February 9th, 2009 at 9:47 pm, RedRepub said:

    2 years campaigning and answering loaded questions from these reporters and he still doesn’t know their names?

    Did you notice he mentioned where each reporter was from as he called on them? “soandso from the AP”. It’s like he was taking a test on these guys.

  72. #616747
    On February 9th, 2009 at 9:47 pm, tiredofit08 said:

    does anybody besides us here have buyers remorse yet??? I certainly had it before he was even the democrap choice for dear leader….

  73. #616748
    On February 9th, 2009 at 9:49 pm, bluesoc said:

    You see, when there was no market left for arms, Kennedy and Johnson created one!

    Eisenhower warned about this “Military-Industrial Complex” on his last speech to the American people. You can see it here

    Are you suggesting that we started the cold/vietnam wars for domestic economic reasons? That it was somehow keyensian economics gone wrong?

  74. #616752
    On February 9th, 2009 at 9:55 pm, William Teach said:

    I listened to part of his tom foolery on the drive home, particularly on Iran, and, imagine if that had been Bush speaking in that manner. All the ah’s and um’s, the pauses, the lame answers. He would have been roasted alive by the left and the media.

    Personally, I prefer someone who may create some words now and then, but at least is forceful and understands what in the hell he is saying.

  75. #616753
    On February 9th, 2009 at 9:56 pm, SpeakEasy said:

    On February 9th, 2009 at 9:28 pm, chapoutier said:
    Cal…
    I blame the drink. As any good lawyer would.

    Oxymoronic.

  76. #616762
    On February 9th, 2009 at 10:14 pm, ITookTheRedPill said:

    On February 9th, 2009 at 8:30 pm, Tazed and Confused said:

    Oh my goodness… the King doesn’t isn’t wearing clothes !!!

    Naked Emperor News

  77. #616764
    On February 9th, 2009 at 10:16 pm, Send_Me said:

    President Obama. “It is only government that can break the vicious cycle.”

    While Marxism is on the march, and winning (a more apt name for the “Cold War” would be “Cold Battle”), most don’t even realize that we’re at war. Though many think Obama is an idiot for not understanding the economic ramifications of this “stimulus” package, I’d argue that what we’re seeing is the fruits of a plan dating back to the 1920s.
    We’re missing the ball here folks. Look past the rhetoric for one minute. We can all see the obvious economic flaws of this “stimulus” bill. We see the obvious effect Obama’s rhetoric is having. We see the results of past programs like this: yes, the economics, but think past that. Think about the power and control aspect of this. How many of the programs that we have today in our government have come from times like these? Social security? Welfare? Look at how big our government has gotten through the EPA, HUD Dep., Labor Dep., Health and Human Services, the FDA, CPS, Dep. of Education… Now he’s saying that “only government” is the solution?
    It’s interesting, from an art of war perspective, how economic Marxism and cultural Marxism have now come together. (Economic: poor vs. rich; Cultural: changing the fabric of the nation.) We are seeing the results of the combined effects of the Marxist illiteracy cult (control of state-run schools) and sensuality cult (control of the cinema). If you don’t believe my words, that’s fine. I leave you with the words of those whose ideas are coming to fruition.
    “By psychopolitics our chief goals are effectively carried forward. To produce a maximum of chaos in the culture of the enemy is our first most important step. Our fruits are grown in chaos, distrust, economic depression and scientific turmoil. … With it you can erase our enemies as insects… Use the courts, use the judges, use the Constitution of the country, use its medical societies and its laws to further our ends. … And bring to Earth, through Communism, the greatest peace Man has ever known.” ~ Lavrenti Beria, Lenin University, in a 1933 address to a group of American/Marxist Psychology Students
    “The family in crisis produces the attitudes which predispose men for blind submission.” ~ Max Horkheimer, former President of the Frankfurt School (Marxist think-tank)
    “Literacy is the greatest obstacle to socialism.” ~ John Dewey (“Father of Progessive Education”; taught by G. Stanley Hall, who drew greatly from Ernst Haekal’s erroneous ideas dealing with embryo development)
    “To prepare society for psychological control, the very soul of the individual must be destroyed in its youth by disturbing it with evil via forced schooling and media.” ~ György Lukács (learned from Dewey)
    “I saw the revolutionary destruction of society as the one and only solution to the cultural difficulties [Christianity].” ~ György Lukács
    “A quiet revolution can be dispersed throughout a culture over a period of time to destroy it from within. Mass psychology and media can break the traditions, beliefs and morals and the will of a nation so there is no possibility of resistance.” ~ Antonio Gramsci
    “Socialism is precisely the religion that must overwhelm Christianity. … In the new order, Socialism will triumph by first capturing the culture via infiltration of schools, universities, churches and the media by transforming the consciousness of society.” ~ Antonio Gramsci
    “The civilized world has been thoroughly saturated with Christianity for 2,000 years and a culture based on this religion could only be captured from within. By winning cultural hegemony, men could be made to love their servitude.” ~Antonio Gramsci
    “Until man is convinced that the world has been abandoned by God, there will be no revolution.” ~ György Lukács
    “Of all the arts, the motion picture is the most important.” ~Vladimir Lenin
    “This weapon [cinema], which cries out to be used, is the best instrument for political propaganda, which cuts into the memory and may be made a possible source of revenue.” ~ Leon Trotsky
    “We are obliged… to make amusement a weapon of collective education. The cinema competes with the church. This rivalry may become fatal for the church. The cinema liberates you from the need of crossing the church door. Here is an instrument we must secure at all costs.” ~ Severneya Pravda
    Sun Tzu had it right: “To subdue the enemy without fighting is the supreme excellence.”
    Obama and the other Democrats know exactly what they are doing.

  78. #616767
    On February 9th, 2009 at 10:22 pm, FamilyMan said:

    bluesoc said:
    Did it work?
    Give one historical instance when Keynesian economics worked.
    TARP was not Keynesian economics

    Then what is TARP money and where does it come from?
    OH! I know. It’s to by up toxic assets. Right?

  79. #616768
    On February 9th, 2009 at 10:22 pm, FamilyMan said:

    by buy

  80. #616775
    On February 9th, 2009 at 10:29 pm, rfjjulie said:

    On February 9th, 2009 at 8:56 pm, bluesac said: 2. WWII is a great example
    It seems to me the government was borrowing money heavily from the populace as well as rationing goods during that time. Ever heard of War bonds and stamps?

    I have some War stamps and a few bonds, from my grandparents. I think the current population that voted for the One couldn’t handle that now, hence the giveaway at taxpayer expense for generations.

    I could’t believe that he said FDR’s New Deal worked. I am suprised my voice didn’t shatter the TV screen. It was sooooo difficult watching Captain Big Ears without puking.

  81. #616776
    On February 9th, 2009 at 10:32 pm, rfjjulie said:

    Send_me-Excellent. That is why this is so terrifying.

  82. #616782
    On February 9th, 2009 at 10:41 pm, rocketman said:

    ***
    SENDME (#174) has some very good points on how socialism is taking over our society.
    ***
    The parts about taking over the 2000 year old Christian traditions from within really ring true for me.
    ***
    My church–the Episcopal Church–is beset and divided by heretics from within preaching CHOICE (aka abortion), tolerance (aka gay agenda), and world citizenship (America Last).
    ***
    The church membership keeps dropping. And I cringe every time I see another media REPORT (aka whitewash job) about how we are all accepting the new agendas. The church has a death wish.
    ***
    Remember what Joshua said, “Choose this day whom you will serve. But for me and my family–we will serve the Lord.”
    ***
    John Bibb
    ***

  83. #616785
    On February 9th, 2009 at 10:47 pm, bluesoc said:

    Then what is TARP money and where does it come from?
    OH! I know. It’s to by up toxic assets. Right?

    Keynesian economic policy attempts to smooth out the business cycle by spending during recessions and cutting back during booms.

    The financial crisis was not really a recession (or a boom). The goal of TARP was not to stimulate growth, but rather to prevent a collapse of a financial system.

    Yes, you are correct that the money for TARP came from the government. But not all government spending is Keynesian economic policy. If you don’t accept that, I suppose this conversation is over.

  84. #616787
    On February 9th, 2009 at 10:48 pm, dfern said:

    IT’S JUST ONE LEG OF THE STOOL…

    IT’S A STOOL ALRIGHT

    Thanks BillyMays for my laugh of the week!!!!

  85. #616788
    On February 9th, 2009 at 10:48 pm, Cadman said:

    Send_me said: I’d argue that what we’re seeing is the fruits of a plan dating back to the 1920s.

    A little far reaching for my taste.

    Unfortunately its just a natural trend for society to move this way. History has proved it with Rome, and now it is proving it again with us.

  86. #616789
    On February 9th, 2009 at 10:48 pm, dadinseattle said:

    On February 9th, 2009 at 10:16 pm, Send_Me said:

    President Obama. “It is only government that can break the vicious cycle.”

    While Marxism is on the march, and winning (a more apt name for the “Cold War” would be “Cold Battle”), most don’t even realize that we’re at war.

    I concur.
    He is a Marxist, his handlers and associates are Marxists and he uses whatever means possible to advance his ideology. Fabian,Trotsky,Alinsky
    His actual father was most like Frank Marshall Davis and he exhibits signs of classic narcissism.

    I love it when the pundits dismiss all of this out of hand as if they know it all. There is a lot more evidence for this, than against it.

    Caring about our country seems to be the least of his concerns and the “Wasted Talent Media” is enabling disaster for this country!

    I have read many comments from those that legally immigrated here from the repressive regimes that we fear and they recognize what is happening so clearly.
    They have heard and seen this all before.

    Read what Frank Marshall Davis was all about and you will know what Obama is all about. The title of his book is his subliminal warning to us, no doubt authored with a smirk by Bill Ayers!
    Ayers- “America, Goodbye,goodbye,goodbye”

  87. #616797
    On February 9th, 2009 at 10:55 pm, Send_Me said:

    Two interesting videos and short commentary:

    Did Anyone See This Collapse Coming? Yup!
    Shiff knows and says what many are unwilling to admit. This crisis is not about greedy Wall Street execs (though there’s plenty of that). This is about fundamental flaws in the American economy. This is about people living beyond their means. This is about living on credit. This is about a lesson that all of us (me included) must learn if things are to be different in the future. Moreover, the current attempts to borrow and spend (by the government) our way out of a problem brought on by borrowing and spending (by the people) is absolutely insane! What’s amazing is that the men and women who mocked Schiff are still guests on these shows while Schiff is virtually unknown. Think about how many times you’ve heard the phrase “economists agree” as of late (especially when trying to sell us on the “Stimulus” plan). This video will demonstrate that going with the majority of economists can be utter folly.

  88. #616800
    On February 9th, 2009 at 10:59 pm, ITookTheRedPill said:

    On February 9th, 2009 at 10:16 pm, Send_Me said:

    While Marxism is on the march, and winning … most don’t even realize that we’re at war.

    You’re right, Send_Me, and your comment is an excellent one.

    I think a majority of the commenters here at MM realize that the Marxists in our own country are at war with us.

    Not the least of which is Che Obama

    Soviet Ideological Subversion traces its roots to Sun Tzu.

    It has four steps, which have been applied systematically to country after country after country:
    1) Demoralization
    2) Destabilization
    3) Crisis
    4) Normalization

    Manufactured Crisis is being used to pass legislation which further destabilizes our nation until we reach the true crisis stage. From there, either of two paths (Civil War or Invasion) lead to Communist “Normaliation”.

    What can be done to reverse this process?

    The answer (don’t just take my word for it, listen to all 7 parts of Yuri Bezmenov’s lecture) is the RE-moralization of our country.

    Some call that “revival”. Ronald Reagan called it
    “a spiritual awakening and a moral renewal”.

  89. #616812
    On February 9th, 2009 at 11:10 pm, gco said:

    Obama wants people to break out of their “ideological rigidity?” Well, when it comes to Marxist ideology, Obama is the total freakin’ poster child for ideological rigidity!

    As for his supposed coolness, how does punctuating sentences with “uhhh” and that phony “I’m concentrating hard on my important and serious thoughts” facial expression qualify as anything close to cool? It’s like watching a darker skin-toned version of Ross from the show “Friends” trying to play President.

  90. #616813
    On February 9th, 2009 at 11:10 pm, katablog said:

    But not all government spending is Keynesian economic policy.

    Oh don’t let dear leader hear you say that. The o told us several times over the last week that stimulus is spending and spending is stimulus.

    You’ve just made the Conservative’s point. The Pork bill is the wrong type of spending; and indeed all spending is not stimulative.

    Government spending is notoriously WASTE. For every $1.00 they “spend” on Welfare” somewhere around $0.25 makes it into the hand of the recipient. Yeah, it provided a job or two along the way but not really a productive job that actually added value to anything.

    Take that $1.00 and put it in the hand of the consumer (through a tax cut which creates no jobs but also adds no admin expense) and the consumer spends an whole $1.00, creating a demand for more goods and services that the consumer purchases.

  91. #616816
    On February 9th, 2009 at 11:14 pm, Send_Me said:

    On February 9th, 2009 at 10:48 pm, Cadman said:
    Unfortunately its just a natural trend for society to move this way.

    A natural trend for a Democracy, yes, but not a Republic.

  92. #616825
    On February 9th, 2009 at 11:22 pm, jenmom said:

    What happened to the confident Obama – all cheery and giddy over hope and change?

    I listened to him for a bit and got tired of the umms….uhs… And people thought Bush didn’t speak well! Obama speaks horribly. You could read his body language and see this guy is way out of his league. He was figity, his eyes darted around constantly and he could not speak cleary without the uh and um getting in the way. What was it about this guy’s speeches that made people faint in his presence? Because whatever it was, he doesn’t have it anymore!

    Any of our enemies out there are probably rolling around laughing at him and the supposed leadership of America. He is a depressing man. Not much of a leader. Oh that’s right – he’s never actually had to lead before has he?

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