President says private, public sectors must create jobs

BO should be kissing up to the private sector cause he will be job hunting soon, very soon.

“You may think I’m crazy, but I think he is INTENTIONALLY trying to run up so much debt for our kids and grandkids that the US economy may never recover to what it was or could be.“

Yup, I think it IS crazy to hold that belief. How a reasonable person could conceive that the President of the United States is INTENTIONALLY trying to create financial insolvency with the goal of destroying our country is beyond me.

Note the qualifier of “reasonable”. I’d say the same thing about anyone who said the same thing about GWB, too. What I really think? Many people are blinded by their hatred, to the point of absurdity.

Blackbird….I don’t pretend to have all the answers.But I didn’t think TARP was a good idea.It went against capitalism, where like Godfather says if you don’t make a profit you fail.
If I don’t ‘make a profit’ I fail.So do you.
Would the sky have fallen if AIG didn’t get the bailout?Would AIG have failed of it weren’t for government programs like CRA that facilitated disaster?None of us know.
It seems to me like the government(Bush, McCain, AND Obama included)
used taxpayer dollars to cause the problem and then tax payer dollars to fix the problem.Me and you are screwed either way.
I don’t just blindly dislike Obama or his policies.I gave him a chance.But I don’t like his arrogance and I don’t believe he’s doing what he thinks is best for this country over the long haul.
You may think I’m crazy, but I think he is INTENTIONALLY trying to run up so much debt for our kids and grandkids that the US economy may never recover to what it was or could be.
I think/hope last nites elections slowed down the process a little.
One thing ALL politicins are good at is spending other peoples money.I want them ALL to be more thoughtful about what they do with my tax dollar.
In closing, this quote from Margaret Thatcher:
‘The one bad thing about Socialism is EVENTUALLY you run out of other peoples money.‘
How true,how true.
Thanks, Blackbird.Have a nice day!

mr right
I don’t think “They’re literally afraid of the confiscatory tax rates that will be required to financially support all these goverment programs Obama is pushing from goverment run healthcare to the bailouts, Cash for Clunkers, Cap and trade, etc.“

Actually I can’t speak for anyone but myself. I am not afraid of Obama’s policies, I am afraid for his life though.  My whole problem with the argument of business taxation is that it seems to be a “cure” all.
While I don’t agree with gov’t waste and over spending, earmarks and all that junk, I do think Obama had to do something and do it QUICK. I think it could have been done MUCH MUCH better and with bi-partisan support. I was VERY disappointed the way it went down. So yes, maybe you are right in some repects, but there are alot of people in gov’t on the other side of the aisle that refuse to accept the consequences of the lost Presidential election, they are acting the same as they have for years…in other words pre-bail out…they don’t seem to realize how close we came to complete financial collapse. Now, that things are stabilized they refuse to give any credit to the quick efforts that Obama did.  Those are seen in such negative light that it is really casting a huge shadow over our country. This is part Obama’s fault, but it part of the “radical anti-Obama dislike everything he does” campaign that has been very successful. You seem to believe in it as well, so you see it works…
I like to cut through the BS, and as I see it, Obama’s rotten misquided stimulus saved the country from ruin. I say this because my ATM card still works, my credit cards still charge, I see have bills to pay, I still can get gas at the gas station and buy food at the grocery store.
It’s time to give him credit for that and quit being so negative. Sorry, I just see alot of this “other” stuff as necessary growing pains for the country. We NEED to improve Health Care to free up our companies and allow them to compete with the rest of the world that DOES have gov’t health care.(GM is a PRIME EXAMPLE!)  We NEED to get off OIL. Our country has about 8 years supply of Oil left at current reported reserves and depletion rates.
The entire world together has 54 years of Oil reserves, of course they will find more, but how much more?
So when do we start to deal with the situation?
We need to improve opportunities for ALL Americans and that starts with better education. These are the reasons I voted for Obama, and I still support these ideas, although I am not 100% impressed with his approach. I think he has fallen into a lot of right wing traps too easily…the first one being a “tax and spend” liberal for passing such a large Stimulus so quickly and agressively, but like I said early it HAD TO BE DONE, whether it was him or John McCain , the President of the United States had to take action, and he did his duty. How well he did it can be debated, but it’s purpose “to save the US financial system and restore some stability” succeed. It is now seen as a small success, but at the time it was a life saver. Maybe history will judge it differently, but when do we start to deal with these problems? I would rather have not had a financial meltdown, just like G. Bush would rather have not had 9/11, but that doesn’t change the fact that we much evolve or die….ok we might not die…but we will loose our leadership role.
check this chart for Oil information
http://timriley.net/oil.pdf

QuestGov
“Until we begin to elect statemen rather than career partisan, self-serving, political operatives, the US will regrettably continue its economic decline and become increasingly subservient to the will of foreign governments who buy our debt”

I can agree with you there!

But again, I don’t get your immediate criticism of gov’t and the bail outs.

“Ill-conceived bail-outs whereby millions of dollars of deficit spending were created to give taxpayer money to failed businesses seem only to have prolonged the “death process” for most of those businesses - AIG, GM, and Chrysler, in particular “

It would have “ill conceived” to let these companies fail over night. Prolonging their death has actually allowed the more timely and orderly “death” of these companies then a quick bankruptcy would have, especially in AIG. My understanding of the AIG case, allowing them to fail would have been really, really bad.
Alot worse then watching them host lavish parties on tax payer dollars.
IF it wasn’t for the AIG bailout, I think we all might be hiding our money under our bed and guarding our doors with shotguns if the money was still worth anything at all.
So, again I state…do you blame the Gov’t for the AIG failure? Or the AIG Bailout…because they really are two sides of the coin. In one case the Gov’t would be seen as the villian, and the later the hero. I see the gov’t as the last standing hero in a room full of shameful greedy CEO’s who have drained and taken advantage of this country’s good will for their own gains.  It is THEM who I blame for the lack of confidence in the economy right now. Not the Gov’t.  Although I don’t think the Gov’t is riding a white horse and dressed in white, I think it is more of a conflicted hero, like Clint Eastwood type…“Dirty Harry” or something.