What the #$&% has Obama done so far?

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Crazy Fool

This thread pisses me off. You cant honestly expect Obama to fix all the problems with this country over night. Plus he has to deal with republicans who keep from or make it difficult for the president to pass bills that will help this country out. All I hear is complaining. Instead of being part of the problem, try being part of the solution.

Nov 18 2010 9:26PM

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dex.

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you are twelve, your argument is invalid.

Nov 18 2010 9:27PM

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AHSkier

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Ridiculous

to many republicans on ns

Nov 18 2010 9:36PM

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95959

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The Dollar reached it's lowest point in eons under Bush....

Selective memory is the damndest thing.

Nov 18 2010 9:38PM

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Coalescent

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No Life

This thread sucks.

But if I have to chirp in. I just don't understand why I have to work to support those who don't work. It's GAY. You want to support yourself, get a job ya bums.

The main thing I hate was the economic bailout. Government needs to stay out of our economy and stop printing so much damn money. Let things run its course.

Nov 18 2010 10:22PM

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ShredAZ

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Insane

Sources please. I've never heard that.

Coming out of a surplus from Clinton's reign, I HIGHLY doubt the USD reached it's lowest point with Bush. Considering bush's spending habits were far more reserved...

And to expand on my prior statement, Clinton wasn't responsible for the surplus. Reagan and the current spending habits of the econoy at the time were. I can go so much more into this, but I feel it's so unnecasry at this point. Whole 'nother can of worms.

Nov 19 2010 3:01AM

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Token

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Lame

heres your source: http://www.federalreserve.gov/releases/h10/hist/dat00_eu.htm

has every day from 2000 to present.

the dollar reached its lowest point in spring/summer of 2008, before Obama was elected.

Nov 19 2010 5:33AM

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ShredAZ

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Insane

Inflation and depreciation is differing among countries however. Different economic structures. For example:

The Australian dollar in comparison to the USD shows that during the presidency of Obama, the USD has in fact reached a significantly less valuable exchange rate in Autralia http://www.federalreserve.gov/releases/h10/Hist/dat00_al.txt

There is no one form of currency that can be used as a standard to show the fluxuation of the USD as a whole. With that said, even in comparison to the Euro, it wasn't until the end of Bush's presidency did it spike and that was with Bush's conservative economic plan.

With an increase in taxation under Obama and a plan to "save" America and our dollar, he should have INCREASED the value of the dollar far more significantly than .2 cents against the Euro. He's had 2 years. Bush heald a greater and more steady USD value for his entire 2 terms. The proof is in the link you sent me.

However you can't always point fingers at Presidents. That being said it goes for both parties. One must take into account the inevitable economic expenses that are encountered. For example, 9/11, the on-going war in Iraq, some-what recent war against Terrorism, etc.

But then again Obama hasn't encountered any dramatic economic expenses in his term besides his lavish parties ever thursday night at the White House and his recent weekish long trip to Africa which cost 200 million dollars a day of tax payers money and proved to be fruitless in his own words...

Just saying.

Nov 19 2010 6:15AM

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Oreos

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Insane

pretty unrelated to the thread but that's a great analogy with the multiplication. just thought i'd say.

Nov 19 2010 7:44AM

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KarmaInitiative

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deficit ≠ debt

Nov 19 2010 8:50AM

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KarmaInitiative

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oh fuck

people arent unemployed because theyre lazy, its because they cant get a job. Our government supports the unemployed because they're more likely to get a job if they have, like food and shit

And as to "government needs to stay out of the economy", its that laissez faire philosophy that got us into the financial crisis. In 1999, glass–steagall was repealed by clinton and the republican congress. This significantly reduced government's control over the economic sector, but is credited with allowing the sub-prime morgage crisis to occur. If the economy is "left to run it's course", financial institutions will start fucking over people left and right, just like they have been.

As for the bailouts like TARP and the auto industry, the government didn't force anything on companies like AIG and GM, they volunteered for it. The money used to bail out these companies will be repaid to the government with interest, and in many ways stopped the financial industry from falling apart. My problem with TARP was that it didnt include enough conditions on reforming the industry like the GM bailout did

Nov 19 2010 9:02AM

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Iget

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Ridiculous

Obama is my god. I love him with my whole heart, plus he is black!

No hate.

Nov 19 2010 9:07AM

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Oreos

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Insane

i really don't want to get sucked into this but i just felt it was necessary to point out that there is a lot of misinformation in this.

Nov 19 2010 9:36AM

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skinakedfast

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Insane

Forreal stfu you think its easy to make shit happen as president..fuck no its harded than getting elected stop thinking so single midedly you have no idead how hard it is to pass one piece of legislation in our retarded country you cant expect everything to be done in 4 years its just not enough time its so difficult to accomplish anything when everyone thinks like this in congress and no one really realizes we have to all work together if we ever want to accomplish anything.

Nov 19 2010 10:34AM

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Sheets-mmm

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Loner

exactly! nothing is gonna change til people think like thisand stop being single fucking minded

Nov 19 2010 10:39AM

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Mr.Panda

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Post Whore

Did you even click on the link?

Nov 19 2010 10:47AM

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Daydreaming

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Insane

Probably not, then again, there have been so many obama hate threads it has become predictable and people start formulating their arguments when they see the title and go in guns a blazin

Nov 19 2010 10:52AM

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mer-man

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Insane

I really hope you need an organ transplant, we will see how far you're middle class money takes you. when the PRIVATE insurance company protecting its bottum line tells you to go fuck urself. why do you think they are so rich?

fucking middle class lowlife's way to not take advantage of the greatest country in the world. I am sick of paying for you scum bags bitching about loosing you're jobs. you are leeches of society, just look how much money the government had to spend to bail you out. i say let all of you BURN!

working together for a common good is the reason we have civilization in the first place retard, but by all means if you're hard working and dont need help go back to being a nomadic hunter. See how that works out for you.

AHHH and implying that someone is poor is because of they're own doing? are you fucking kidding me?

People like you are the sole reason the economy is in the shitter.

Nov 19 2010 11:42AM

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skier_boy26

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Crazy Fool

I cannot finish reading this thread yet without taking a break to just laugh profusely.

Watch what you say. You said some very, very foolish things. Funny, but foolish.

oh and obama blows.

Nov 19 2010 11:59AM

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Where-am-I

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Insane

i enjoy how few people who posted in this thread actually went to the link

Nov 19 2010 1:02PM

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Oreos

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Insane

there are some economists who use the theory of purchasing power parity as a universal inflation/currency comparative tool. not many are keen on it however.

if you want a comparison for inflationary expectations you can look at the treasury yield curve, inflation expectations are subsiding from an incredibly steep curve at the beginning of the year but are still high.

QE2 is deliberately devaluing the dollar, why do you think gold (hoping woozy doesn't see this) is having it's micro bubble at the moment. people are fleeing safe havens to the "safest" of all. but anyway debasing the dollar is useless as you guys don't export anything anyway.

and anyway China wouldn't have mad such a fuss about it if they didn't believe that the US were intentionally devaluing their currency. thankfully the G20 stepped in before the shit hit the fan.

bail outs- they bailed out systemically important companies. if GM had gone down it would have take down their suppliers and in turn Ford, why else would your major competitor back a bail out of your firm?so if you think unemployment is high now think what would have happened without a auto industry. bail outs were necessary.

to anyone who thinks the new deal was the cure for the Great Depression you're wrong. the root and solution was monetary policy. so this is the 2nd round of QE will have little effect, (did the first one? no) it's a tool to alter the currency.

anyway this may produce some hate - with QE the lead arranger at the fed used to be a partner at Goldman Sachs, guess who the fed are buying the bonds from, yup that's right GS. $$ for GS as they buy them at par.

Nov 19 2010 1:06PM

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SCOO-WOOP

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Insane

Golly, isn't politics just great?

Nov 19 2010 2:57PM

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dbstar

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The only president who did what was needed in financial terms was FDR. Reaganomics could easily be perceived as the first step that led over the course of the following thirty years to the current economic crisis seen today. Of course, not one person is really to blame, or political party. They have all failed, and are continuing to do so. This crisis is just the beginning, big money and human greed is going to cause much, much more financial sorrow in the years to come. Where not out of the woods yet, not even close.

Nov 19 2010 3:15PM

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Oreos

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Insane

when have we ever been out of the woods?

there are financial crises regularly (internet bubble, Japanese, Russian default) , it's a true testament to humans that we don't learn from out previous mistakes. just because you've grown up in a period of artificial economic stability and growth doesn't mean that is the norm.

Nov 19 2010 3:21PM

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Stickity

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Crazy Fool

qft
everyone says that obama caused the economic crisis when he didn't
he was thrown into it

and as i've said in other threads
not a single one of you could be a politician, let alone the president
if you are going to hate then shut the fuck up

Nov 19 2010 3:22PM

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Oreos

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Insane

you underestimate some of the people on here. seriously.

Nov 19 2010 3:27PM

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FM3

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Loner

OK...just read the first page of this thread so excuse me if I'm way off the track of the thread. Yes, both the Bush's created a budget deficit. Do you think the fact that both of them were in office during a time of war (both major wars, in fact) has anything to do with the budget deficit that each man created? Probably not right? Shipping millions of troops, tons and tons of gear, weapons, ammo, fuel and other equipment must not cost much, right? Let alone spending all that time and money on R&D and manufacturing. That must not cost too much. Right...?

And I'd like to point out that what YOU said was bullshit. According to your own chart, the country was a little over 400 billion dollars in debt during Bush's presidency in 2004. According to the LA Times, as of October 19, 2010, the country was over 13 Trillion dollars in debt.

The article goes on to state that President Obama has spent almost 5 million dollars per day. That figure extrapolates out to 3.3 trillion dollars during Obama's presidency. Yeah, Obama alone has spent OVER THREE TRILLION DOLLARS IN LESS THAN 2 YEARS IN OFFICE.

With all that being said, I'll leave you all with a couple of parting gifts. Enjoy.

Nov 19 2010 5:17PM

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Wis_Skier_23

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Nov 19 2010 5:30PM

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Wis_Skier_23

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that is a nice thought in a Utopian society that people like to believe we live in...now what really happens is I work and pay taxes and my tax dollars goes to people who suck off welfare and are too lazy to work...thats where working together goes.... i work they collect...welfare isnt bad dont get me wrong there are people who are in true need of help but the people that are too lazy to work i have no compassion on you

Nov 19 2010 5:39PM

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Chilly.

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Insane

Good job OP...you left the kitchen long enough to find a cute website that sums up exactly what you believe (by that i mean what you see on tv). Why don't you go look up the same thing for Nixon who you were probably told all your life was a complete failure of a president?

And btw they tried to make a website like this one with all the bad things obama has done but the server couldnt handle it

Nov 19 2010 7:19PM

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IceCreamer

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Insane

Sick joke bud. Leave.

Nov 19 2010 7:52PM

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Daydreaming

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Insane

This thread = catfight

And dildos

Nov 19 2010 8:15PM

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babysteeze84

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Ridiculous

Ahahahahaha... #1: Don't f$ck with me, I make the best motherf#$*ing baked goods from scratch you've ever had, I was once told, "Laura, if I can't find a hot chick who can shred all day with me, I want a fat girl who can cook like you." /claim (I don't know why he wanted her to be fat - maybe so she couldn't run away/get away from his easily? Maybe so she'd spend her time predominantly in the kitchen because she was fat?), so don't be hatin' when I come out the kitchen to post, be glad I was ever there in the first place. #2: I don't really watch television, I have too much homework/reading to do (although I spend considerably way too much time on NS). #3: I think Nixon had decent foreign policy, his antics at home... maybe not the best choices, so not I don't think he was a complete failure. #4: Say what now?

I do also find it amusing how many people didn't click the link and just started slinging shit (to one of the other posters - actually many - on this thread).

Nov 20 2010 8:00PM

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phelps

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Ridiculous

A few things that bug me about what Obama has done.

1. I'm no bush lover but Obama is an idiot...don't believe me? his approval rating is lower than bush's thats pretty fucking low.

2.during an unstable economic time he shoved the healthcare bill down the peoples throats (correct me if I spelled that wrong). Not only going to destroy private healthcare business, but also damage the economy. Do not get me wrong there are plenty of Americans who need health insurance but a great deal of the numbers of uninsured are simply college students who know they are healthy and say "fuck it I'm probably not going to get kidney failure, I don't wanna pay my hard earned salary on healthcare". Also I believe that it is unconstitutional and a direct violation of our freedom to be forced to essentially buy a product of the government, especially if its paying for unnecessary cosmetic surgery of a stranger ( a benefit of this bill).

3.He ran his platform playing the desperation of the American public promising seemingly infinite promises. Most of which were never followed through with. i.e. Guantanamo bay and the war in the middle east.

4. Obama supports partial birth abortion. What this means is you carry out the abortion when the baby's developed enough to survive outside the womb. Its one thing to kill during the very very premature stages but thats just a little far.

I AM NOT REPUBLICAN OR DEMOCRAT

Please correct any info i said if its wrong, thanks.

Jan 3 2011 9:12PM

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Flo_Rida_2016

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I used to post in threads like these, arguing a point while also bragging about my credentials. I am now much older and wiser: i will now only brag.

I am a graduating double major at a top 50 undergrad. I am a polisci/history major with distinction (honors). I am a dual concentration in international relations and constitutional law. For history my concentration is presidential history. Next fall, I will attend a top 5 law school.

Now that i have that out of the way, i will go ahead and say everyone in this thread up to this point is flat out wrong.

Jan 3 2011 9:16PM

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charmander

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Crazy Fool

seriousl, im right wing as fuck, but clinton did a pretty damn good job.

all our presidents blow ass though.

Jan 3 2011 9:21PM

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HKizzle

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Ridiculous

this

Jan 3 2011 9:23PM

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Flo_Rida_2016

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ok im getting drawn in.

we can debate the merits and drawbacks of all policy but how can you say everyone else dating back to FDR sucked? Im not gonna say clinton was bad but there were several presidents who got us in the position we are in today.

I think too many young kids have fallen victim to the pesimisstic illusion. How do people have such a pessimisstic view of america these days?

Theres a lot of hype over a rising china etc, but the united states still controls 1/3 of the world's total economy, our economy is roughly 4-5 times as large as china's, we account for 45% of the world's total military spending, 65% of g20 total military spending, and we only spend 4.7% of our GDP on military expenditures. Compare that to china's 10+% and russia's 10+%. During WW2 we spent 38.8% of our gdp. WE invent nearly everything and control most lines of communication.

Any scholar would agree we, the usa, hold an unprecendented preponderance over the world that even the roman empire at its height could not compete with. And this hegemony, which according to all the classical and realist theories of IR should not exist, rose within the last 50 years.

So clearly we have been doing something right.

Jan 3 2011 9:26PM

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VT_FLO

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their parents pay for their plans. I dont think a 5 year old kid is able to choose his or her coverage and is going to be making 50k $ a year with benefits you fucking retard.

Jan 4 2011 11:36AM

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VT_FLO

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since the federal reserve act

Jan 4 2011 11:39AM

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VT_FLO

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you forgot about the bush era where we gained 2 trillion $ in debt bro. You're spitting out republican one sided shit again. He's spending money fixing everything bush fucked up, EX. the no child left behind act which actually increased gaps in racial and economic differences on test scoring. Did EVERYONE forget about bush?

Jan 4 2011 11:43AM

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