What has happened to all those posting end of the know world posts because Obama is president? I have not heard a peep out of them in a very long time.

http://fstdt.net/Search.aspx?Quote=Obama&Page=1

:D:D

They will be back.

They're waiting for Obama to end the world, duh. Then when that happens "they'll be back and in greater numbers". :D star wars

I do not know, but have not seen recent post by Buffalo Roam, etc.

I suspect they are off some where trying to decide if they should rally around Palin, or dump her for Russ Lynbaum (or what ever)

There at home still in agony from the butthurt.

By the way I want to quote this for the luls:

http://www.sciforums.com/showthread.php?p=2078792#post2078792

I personally think Obama has handled the economic situation horrible for numerous reasons. You probably don't hear much since complaining doesn't help.

What has happened to all those posting end of the know world posts because Obama is president? I have not heard a peep out of them in a very long time.
When we complain you say, "How can you blame him, he's only been president for a couple months....". Then when we get tired of talking to a wall and give it up for a while, you complain about the lack of complaining?

Since you asked. Yes Obama has us set on a fiscal path to suicide. I used to think he was a socialist, but I may have been wrong. I'm begining to think he's actually a fascist. He has actually refused repayment of TARP funds from banks. Why? Because he wants to control them.:


The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. And for this intensely political president, mere influence is not enough. The White House wants to tell 'em what to do. Control. Direct. Command.

It is not for nothing that rage has been turned on those wicked financiers. The banks are at the core of the administration's thrust: By managing the money, government can steer the whole economy even more firmly down the left fork in the road.

If the banks are forced to keep TARP cash -- which was often forced on them in the first place -- the Obama team can work its will on the financial system to unprecedented degree. That's what's happening right now.

Here's a true story first reported by my Fox News colleague Andrew Napolitano (with the names and some details obscured to prevent retaliation). Under the Bush team a prominent and profitable bank, under threat of a damaging public audit, was forced to accept less than $1 billion of TARP money. The government insisted on buying a new class of preferred stock which gave it a tiny, minority position. The money flowed to the bank. Arguably, back then, the Bush administration was acting for purely economic reasons. It wanted to recapitalize the banks to halt a financial panic.

Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He's been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with "adverse" consequences if its chairman persists. That's politics talking, not economics.

Think about it: If Rick Wagoner can be fired and compact cars can be mandated, why can't a bank with a vault full of TARP money be told where to lend? And since politics drives this administration, why can't special loans and terms be offered to favored constituents, favored industries, or even favored regions? Our prosperity has never been based on the political allocation of credit -- until now.

Which brings me to the Pay for Performance Act, just passed by the House. This is an outstanding example of class warfare. I'm an Englishman. We invented class warfare, and I know it when I see it. This legislation allows the administration to dictate pay for anyone working in any company that takes a dime of TARP money. This is a whip with which to thrash the unpopular bankers, a tool to advance the Obama administration's goal of controlling the financial system. http://online.wsj.com/article/SB123879833094588163.html

When we complain you say, "How can you blame him, he's only been president for a couple months....". Then when we get tired of talking to a wall and give it up for a while, you complain about the lack of complaining?

Since you asked. Yes Obama has us set on a fiscal path to suicide. I used to think he was a socialist, but I may have been wrong. I'm begining to think he's actually a fascist. He has actually refused repayment of TARP funds from banks. Why? Because he wants to control them.:

Barney Frank is on the record as say, want to pay it back great. Pay it back now. I know the ousting of GM's CEO has caused Republicans heartburn. But those CEOs that have run corporations into the ground really deserve to be let go, dont you think?

As for the road to fiscal sucide, the Republicans and George II put us on that past a decade ago. Also restoring heabeas corpus and abolishing secret military tribunals seems like an unusual thing for a facist to do.

ps I made a lot of money off the last Republican rumor that Obama was nationalizing the banking system...keep it up.

I do not know, but have not seen recent post by Buffalo Roam, etc.

I suspect they are off some where trying to decide if they should rally around Palin, or dump her for Russ Lynbaum (or what ever)

Yes Buffalo Roam has been notably absent in this discussion. I have often thought that maybe he was at home pouting about Obama and listening to limabugh, hannity, levine and others 24/7, drowing in his tears.

I personally think Obama has handled the economic situation horrible for numerous reasons...Please give a few examples and what you think he should have done.

To madanthonywayne (On your post 8):

I have learned that much of what Fox News presents as fact, is not, but even if your quote were true, it is self defeating of its own point.

I.e. If one wants to take control a company / bank etc. by buying stock, one buys the voting stock, not the preferred stock.

One buys the preferred stock when there is concern that the company may go under as preferred stock has higher claim on the assets in a banrupcy (not a high as the bond holders but higher than the common stock). Thus it would seem that the facts indicate that Obama's team wants* to help prevent bank's banruptcy yet protect the tax payer and do so WITHOUT GETING ANY CONTROL OF THE COMPANY.

-----------------
*If there is any politics here, saving banks would seem to be pro-Republican and likely to infurate some of Obama's more left wing supporters.

To madanthonywayne (On your post 8):

I have learned that much of what Fox News presents as fact, is not, but even if your quote were true, it is self defeating of its own point.

I.e. If one wants to take control a company / bank etc. by buying stock, one buys the voting stock, not the preferred stock.

One buys the preferred stock when there is concern that the company may go under as preferred stock has higher claim on the assets in a banrupcy (not a high as the bond holders but higher than the common stock). Thus it would seem that the facts indicate that Obama's team wants* to help prevent bank's banruptcy yet protect the tax payer and do so WITHOUT GETING ANY CONTROL OF THE COMPANY.

-----------------
*If there is any politics here, saving banks would seem to be pro-Republican and likely to infurate some of Obama's more left wing supporters.
The kind of stock they bought doesn't matter at all. Congress and the Obama administration are talking about dictating salaries, making hiring/firing decisions, etc to anyone who took TARP money. It's like the damned mafia. They do you a "favor", then they own you.

When we complain you say, "How can you blame him, he's only been president for a couple months....". Then when we get tired of talking to a wall and give it up for a while, you complain about the lack of complaining?

Since you asked. Yes Obama has us set on a fiscal path to suicide. I used to think he was a socialist, but I may have been wrong. I'm begining to think he's actually a fascist. He has actually refused repayment of TARP funds from banks. Why? Because he wants to control them.:

Fascism is a radical, authoritarian nationalist ideology.[1][2][3][4] Fascism advocates the creation of a single-party state.[5] Fascism believes that nations and races are in perpetual conflict whereby only the strong can survive by being healthy, vital, and by asserting themselves in combat against the weak.[6] Fascist governments forbid and suppress all criticism and opposition to the government and the fascist movement.[7]

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

Um, yeah.

... Congress and the Obama administration are talking about dictating salaries, making hiring/firing decisions, etc to anyone who took TARP money. It's like the damned mafia. They do you a "favor", then they own you.Yes. "the power to tax is the power to destroy" was said long ago. I, for one, am glad they {Obama's team} are not just giving out my tax dollars, as GWB did the first 350 billion, with no strings attached.

Is it standard Republican POV that the reward for wrecking the US economy, and your particular company, should be 20 to 30 million dollar bonuses each year, paid by taxpayer dollars?

I knew they {the Republicans} were pro big bussines, but did think there were some limits to how much Joe American tax payer could be screwed.

The kind of stock they bought doesn't matter at all. Congress and the Obama administration are talking about dictating salaries, making hiring/firing decisions, etc to anyone who took TARP money. It's like the damned mafia. They do you a "favor", then they own you.

For the record, the kind of stock does matter. And the Obama administration, unlike the previous Republican administration, does not put itself above the law. It has not and does not make salary decisions for the businesses it has provided capital. It has created conditions for public assistance...no different in concept or legal postion from those that we require of those on welfare. So why should corporations receiving public assistance not be subject to conditions as well in order to protect tax payer interests?

Are you saying that the government should only place conditions on the poor Joe or Jane seeking a few dollars of public assistance and not the big corporations seeking billions of dollars in public assistance?

\I, for one, am glad they {Obama's team} are not just giving out my tax dollars, as GWB did the first 350 billion, with no strings attached.



Are you saying that the government should only place conditions on the poor Joe or Jane seeking a few dollars of public assistance and not the big corporations seeking billions of dollars in public assistance?
My comments were in reference to Obama not allowing banks to pay back the money to get off the hook. I have no problem with and expect strings to be attached to federal money, but the government involvement should end when the company is able to pay the money back.

My comments were in reference to Obama not allowing banks to pay back the money to get off the hook. I have no problem with and expect strings to be attached to federal money, but the government involvement should end when the company is able to pay the money back.

As Billy T said, Fox does not have a good record on the truth. I am not aware of any instance in which a return of federal money has been refused. The Dems are on record as encouraging the early pay back of federal money. Some, like Bank of America, are making plans to do so in the very near future.

It was the George II administration that forced banks to accept federal money...not Obama.

begining to think he's actually a fascist. He has actually refused repayment of TARP funds from banks. Why? Because he wants to control them.:


The other odd thing for a fascist to do is to repeal the use of torture.
http://www.motherjones.com/kevin-drum/2009/04/torture-memo-followup

My comments were in reference to Obama not allowing banks to pay back the money to get off the hook. ...Like joepistole, two post back, I am not aware of even one refusal to accept the return of TARP funds. Quite the contrary there have been statements by government encouraging the receipants to try to do that ASAP.

Can you give any reputable link supporting Fox News claim, or is it just typical FFF (False Fox Fabrication)?

Also, unlike GWB, Obama's team is considering rasing the interest rate on the new TALF help if not paid back soon. I.e. the even the rate the borrower pays will increase he longer the loan remains unpaid. See:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aoohQpz4xDDM&refer=home

for their current ideas TO ENCOURAGE RAPID RE-PAYMENT.

More evidence that fox news is just up to their standard FFF tricks.

It's hilarious how Republicans can't seem to come up with any strategy besides trying to associate crude scare-words with Obama. He's a socialist! No, wait, he's a fascist! That stuff might have worked to keep John Kerry out of the White House, but it's not going to undo a sitting President with a broad mandate. Until the Republicans actually come up with a coherent set of policies (that demonstrates some lessons learned), they'll remain irrelevant.

The really pathetic line of Obama smearing from the right is the constant innuendos about Obama not having good enough manners to be President. Every day there's some new article about him embarassing America in front of the Queen of England or somesuch, all of it laden with racist subtext portraying Obama as "uncivilized" and so unfit to represent the White Man.

But, hey, if the Republicans want to ride this train off of a cliff, so much the better..

Good points Quad, I think the Republicans have a SERIOUS CREDIBILITY problem. Who can believe anything they say after that last two decades of Republican rule?