Performance Boats Forum banner

1 - 20 of 61 Posts

·
Banned
Joined
·
1,019 Posts
Discussion Starter #1
Obama ain't waitin for bu$h to ride off to Crawford;



Jump-Starting the Obama Presidency

By Massimo Calabresi and Justin Fox Wednesday, Nov. 26, 2008


President Elect Barack Obama introduced four new members of his economic team, Timothy F. Geithner, Christina Romer, Lawrence Summers and Melody Barnes, at the Chicago Hilton Towers in downtown Chicago.
Jon Lowenstein / NOOR for TIME

Forget for now the way Inauguration Days have unfolded in the past. Jan. 20, 2009, could turn out to be a very different kind of swearing in.

Sometime around noon that day, Barack Obama will stand before millions of people on the west front of the Capitol, put his hand on the Bible and promise to "preserve, protect and defend the Constitution of the United States." Then after delivering his Inaugural Address, the 44th President may step inside the Capitol and sign the lead elements of a two-year, $1 trillion economic-stimulus package, the largest ever fiscal booster shot in peacetime. Never mind all the familiar chatter about a new President's first 100 days; Obama's first 100 hours could break some records.
The Obama era, it is now clear, began on Election Day and will not wait. Like his presidential campaign, his transition is proving to be historic. Unwilling to bide his time until President Bush packs up his things and leaves town, Obama simply took control of economic policy on Nov. 23, when he unveiled an economic team noted for its brains and experience and asked it to come up with a massive economic-stimulus plan, in the hopes of rushing it through Congress and readying it for him to sign by the time he is sworn in. The next day, he launched a pre-emptive strike against the bloated federal budget, noting that some recipients of federal farm subsidies are millionaires who no longer need relief. Taken together, his bold moves heralded the fastest start by a President-elect in memory and one of the most dramatic takeovers ever. "I think it is very important for the American people to have clarity that we don't intend to stumble into the next Administration," Obama said Tuesday.
Obama no longer has the luxury of waiting. In the past two weeks alone, General Motors announced it has only three months of cash left before it will run out of money, and the Federal Government was forced to rush to halt a shareholder run on the giant banking conglomerate Citigroup. Unemployment has risen to 6.5% and is expected to hit 8% by next year, if not higher. Some economists predict that gross domestic product will shrink at a 5% annual pace in the fourth quarter and perhaps 3% or 4% in the first three months of next year as a result of a squelching of credit by banks and a crushing plunge in consumer spending. Those factors have convinced Obama that if he is going to have any sort of presidency worth its name, he must take decisive action now. "With our economy in distress," Obama said, "we cannot hesitate, and we cannot delay."
Even so, a recession is under way. The goal now, said economist and Obama aide Austan Goolsbee, is to prevent a depression. Obama also sees in the current mess a rare confluence of both crisis and opportunity that gives him the chance to remake the U.S. economy. After months in which members of his own party wondered how Obama could keep all his promises in a single term, he is now setting the stage to attempt far more in his first year in office than seemed likely just a month ago. "We're coming in," noted Goolsbee, "with a bang."
Meet the New Team ...



http://www.time.com/time/magazine/article/0,9171,1862452,00.html?iid=tsmodule
 

·
Registered
Joined
·
5,217 Posts
Yeah he will definitly set some records! Like going over a trillion in debt in his first day. Pretty funny how you dems bitched that Bush ran up the deficit 5 trillion. Your boy will probably surpass that in his first year.:)sphss
 

·
Punk in Drublic
Joined
·
2,165 Posts
Is it time..

So, with all this stimulus pending, is it time to buy Real Estate?
 

·
Impeachment!
Joined
·
3,728 Posts
Why not call it something more truthful. Like "Klinton, part III". Or "A return to the carter years, featuring a bunch of klinton fukk-ups"
 

·
"The" masheenist
Joined
·
5,444 Posts
"Obama also sees in the current mess a rare confluence of both crisis and opportunity that gives him the chance to remake the U.S. economy."


That has got to be an opening line to a comedy show somewhere.

Since when does president control(or remake) the economy?

Brian
 

·
"The" masheenist
Joined
·
5,444 Posts
You 51% lazy ass-retards who voted this guy in better be right.

Brian
 

·
"The" masheenist
Joined
·
5,444 Posts
Hope and change


My dad tells me to put hope in one hand and shit in the other and see which fills up faster.

Change? It is already shaping up to be much of the same, just years later.

How many times did he say that MC CAin was just another Bush? OB1 might just as well be another clingon. Maybe he likes cigars?

Brian
 

·
Registered
Joined
·
4,115 Posts
How can "they" be right....."they" are so split on the reasons that "they" voted in Obama. We will just have to see who he serves.
The idiots that voted for Nobama have no real reason at all except "Change".....Can't tell you what change, just change.
 

·
Registered
Joined
·
5,487 Posts
Hope and change


My dad tells me to put hope in one hand and shit in the other and see which fills up faster.

Change? It is already shaping up to be much of the same, just years later.

How many times did he say that MC CAin was just another Bush? OB1 might just as well be another clingon. Maybe he like cigars?

Brian
Your old man sounds like a very wise individual!
 

·
"The" masheenist
Joined
·
5,444 Posts

·
"The" masheenist
Joined
·
5,444 Posts

·
"The" masheenist
Joined
·
5,444 Posts
No hope....but I have some shat in my hand I did not have before.....change.

Well that's about the change I was expecting.

Brian
 

·
mo balls than $cents$
Joined
·
11,734 Posts
take a phucking guess which states will be hurt worse by the subsidies loss, yep, those that voted mccain. kansas, nebraska etc.:mad::|err
 

·
Banned
Joined
·
1,019 Posts
Discussion Starter #18
take a phucking guess which states will be hurt worse by the subsidies loss, yep, those that voted mccain. kansas, nebraska etc.:mad::|err
You mean like New Orleans, a Democratic town that was abandoned by bu$h after Katrina?
 

·
mo balls than $cents$
Joined
·
11,734 Posts
You mean like New Orleans, a Democratic town that was abandoned by bu$h after Katrina?
let's call it like it is, those folks in new orleans were told to get the **** out! a big storm is coming and it ain't good. they didn't, yet we the people are still footing the bill on that shit:mad: i for 1, am totally sick of those kinda handouts. i've got friends with construction companies in new orleans, and they say those same people who are bitchin bout the trailers etc., won't get a job, even though ALOT of the companies in the area are hurting for laborers. but that word LABOR, is prob what's keepin them in the trailers.

catmando, don't spout off shit you know nothing about, i live close enough to the areas affected by hurricanes to know wtf is up son!;)
 
1 - 20 of 61 Posts
Top