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Obama blames economic woes on Wall Street greed

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Mar 27, 2008, 18:15 GMT


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'Keep Your Head Up'Mar 27th, 2008 - 19:25:44

It's funny how so many people have all these things to say about Obama while they seem to be sitting on their behinds while other folks are hard at work. If Bush Spoke less about the 'war in Iraq' and did more about the economic status of this country we wouldn't be in this mess. Then again this country has been messed up since the first Bush was in the white house so maybe He's just finishing what his dad started. Anyway, back to the present.... Obama is more than willing to tackle the problems of this nation and that is a big job to do, so if any of you spectators feel like you can do a better job then run for president or shut up!

It is refreshing for once to have someone 'for the people' black or white who cares more about the people than how much money goes into 'rich people' pockets. I'm hoping Obama can change most of these huge corporations that are ripping hard working people off everyday. Places like Office Depot who are not unionized.

It's funny how people here have so much to say about canada, but atleast they have less crimes there and they don't rip off hard working people. They provide benefits for everybody there.

America has gotten rich off the backs of hard working people for too long and if Obama coming to office means we attempt to even the playing field abit and try to give back the billions that was stolen then 'God Bless America'

Like I said, put up or shut up! It's a struggle in Africa for people to find clean drinking water and food to eat but let me tell you something. It's a struggle here in the US as well. The difference is people here don't want to get off their buts and change their situation. They want the hand out.

It sucks for the hardworking people that get up at the crack of dawn struggling to make ends meet. Obama will be a great example to this nation. It's not even a matter of race. Race has nothing to do with it. I just want someone in office that is actually going to do something good about all the problems our nation is facing today because of poor decisions made by the government and their 'their will always be casualties in war BS'

What will the american government have to say to the millions of single moms and full family homes that lost their sons and daughters in Iraq because their had to be casualties in war. What will they do when those demons come knocking at their doors and won't go away.

That time is now! If you want the people in the country to support the government then you can't treat the people in the country like they don't matter, like they are just numbers.

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patriotMar 27th, 2008 - 20:05:15

Support the American Republic...JUdah Ben-Hur for President, 2012!

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ideaMar 27th, 2008 - 20:15:58

ask sp4 he knows it all.he's a fart smeller i mean smart feller...

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IanMar 27th, 2008 - 21:19:06

I expect SP4 is sulking - after all he believes there is no recession, the dollar is strong, oil is cheap. Things which are supported by the news every day !

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SP4 - who is that?Mar 27th, 2008 - 22:40:30

What's remarkable is that the fruitcake shows up in so many places, everyone knows his ID.

Personally, I think it's a GROUP of posters provided for our amusement by the GOP to make these imbecilic claims that we get to read.

--------

As to Obama - sometimes I wish he'd get to the point without the flourishes; but in this case, he's very much aligned with the Treasury Secretary.

It's sad that the system periodically realizes that MORE regulation is required to protect the public - the last ruckus was Sarbanes-Oxley, as a result of Enron. That put a considerable 'compliance' burden even on small firms.

We have so many 'non-bank banks' around, and other financial institutions involved with sub-prime AND the derivatives thereof, that risks have multiplied. When you see leveraging of over 20 times the original amount, it's a sign that things have gotten way out of hand.

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juhaMar 28th, 2008 - 02:03:45

too bad the democrats are wasting their time beating each other up for that elusive top spot of president. They are so keen on getting the presidency that they will throw the baby out with the bathwater, much to the joy of the republicans....LOL. So much ill will between the to camps of Clinton and Obama that reconilitory bonding will be hard....yeesh.
If ya got mud...throw it at the Republicans and not each other.

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Mr.RightMar 28th, 2008 - 13:49:27

Obama is exactly right. Amazing. And he is willing to say so. He is another J.F.K. He gets my vote. Too bad republicans this time I'm afraid your out.

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SP4: Amazing...Mar 28th, 2008 - 14:03:14

I see the tinfoil hat crowd is having a hat convention up above.

Obama's right about one thing: greed did some of this.

What he isn't telling you is that the applicants of all the ARM's were greedy too. Of course, he neglects to mention his financial supporters, the coal industry, or some invisible investment bankers, one of the Democrats largest supporters.

This isn't much of a surprise i.e. the dems oil up to business actually worse than the republicans. Enron was a good example, with the Clintons feeding at the trough, Harry Reid, and others, all guilty.

In my district, Sen. Ron Wyden poses as the champion of the little people while in the back room he tried to undermine Internet access by giving AT&T the 5th largest dem contributor a sweetheart deal, until the Oregon Cable Board stood their ground.

Same old song: Libnazi culture of grievance.

Obama's taking his plays right out of the liberal playbook. Nothing new on this post. Knock yourself out, Barak...

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tonny from belgiumMar 28th, 2008 - 14:27:15

Bad luck again SPfool,everbody knows the Enron top brass and Bush were buddies .And of course it has been made crystal clear to the american people and especially the californians that past power shortages were NOT atributed to lack of nuclear plants,but only to the manipulation of enron traders and arbitrage department,manipulating the supply of electricity,even provoking power shutdown in order to hike the price of electricity .I thought you ought to know all that ,as you have veen complaining about power shortage a few times,pointing the finger at the ecologsists .So it is my pleasure to correct you once again,it was Enron, you know ...the Bush buddies .
Damn you know so little ...

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Sue BanksMar 28th, 2008 - 17:20:33

The tax credit is only for low income and lower middle income and he plans to pay for it by raising income taxes and social security taxes on the rest of us. And have you heard him say he will also be giving free education and job training to the black criminals he think s have been treated so unfairly? He is such a racist.

As for his having more delegates, if the delegates had been required to be distributed according to the populat vote, at this point it would be a dead tie.

Count them up yourself - you can go to election results and do the math. So why have the delegates been going against the will of the people?

And why does the media keep saying there is no way Hillary can 'catch up'? Even Keith Olberman is even taking an ax to her - he is the worst person in the world as far as I'm concerned.

It will be clear very soon that she has the majority of the poplular vote and that the delegates are not giving us any kind of democracy or fair representation.

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BobMar 28th, 2008 - 18:00:43

The reason the entire media machine is pushing and pressing so hard right now to hurry up and find a solution is because the popular vote is a tie right now and it will go in Clinton's favor in May and then they will have an even harder time explaining why she doesn't have the majority of the delegates. The media is so biased against her. THis speech by Obama was HER IDEAS FROM LAST WEEK regarding the mortgage problem, right down to the dollar amount. So do they all run headlines that he stole her ideas? Heck no. Do they run headlines that he had to have know the minister was anti-semitic and racists because he wrote in right into the church newsletter? No.

Hillary has universal coverage, he does not. Hillary has an economy that is fair for everyone. He does not. Hillary is not arrogant or a hypocrit like Obama.

Listen to the media people and 'Drink the Kool Aid'. Go ahead.

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CrystalMar 28th, 2008 - 18:18:56

Hey it is really weird that no one does actually give us the totals for actual votes by people, including Florida and Michigan, where I believe they are actual US citizens there who voted.

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SP4: MaybeMar 28th, 2008 - 19:14:37

..Obama can nominate Mr. Rezko as secretary of HUD...?!

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enough alreadyMar 28th, 2008 - 19:27:20

you people hurt sp4's feelings...

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KellyMar 28th, 2008 - 21:41:13

Clinton has 13,293,925 votes and Obama has 13,451,725 counting Fl and Mi because they did have primaries where real people went to the polls. That is only a difference amongst primary voters of 157,800 votes. I agree she is staged to win the primary vote.

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SP4: Hillary and BosniaMar 28th, 2008 - 22:09:20

People discovered last week Hillary was lying.

Can you imagine????

Other subjects we'd love to hear her on:

Greasy Commodity trades

Mr. Hsu

Mr. Chung

White Water

Law firm billing records

Chinese and russian campaign funds

Travel office scandal

FBI records scandal

Vince Foster

Go ahead, Hirrary...

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Obama advisor: US Jews hinder peaceMar 29th, 2008 - 02:03:45

Obama advisor: US Jews hinder peace

Obama advisor Merrill 'Tony' McPeak is a longtime anti-Israel critic who slammed American Jews for acting against US interests

WASHINGTON - General Merrill 'Tony' McPeak, Senator Barack Obama's military advisor and co-chair of his presidential campaign is a longtime anti-Israeli critic who has slammed Israel harshly during his career, according to an inquiry by conservative American media outlets.

McPeak, who served as the chief of staff o the US Air Force before retiring in 1994, made headlines over the past week after accusing former President Bill Clinton of McCarthyism. Yet as it turns out, over the years he has criticized Israel for failing to withdraw to the 1967 borders and charged American Jews were preventing American pressure that would lead to a Mideast peace agreement.

The examination of McPeak's career, undertaken by conservative magazine American Spectator among others, revealed that the general adopted a harsh anti-Israeli line in interviews he submitted to and articles he published. According to the magazine, beyond his affinity for alcohol, which saw him detained for drunk driving a year ago, McPeak also appears to take great pleasure in slamming Israel and pro-Israel Jews.


'Large vote in favor of Israel'

In an interview with The Oregonion about five years ago, McPeak argued that the influence exerted by American Jews is responsible for the lack of progress in the Israeli-Palestinian peace process. According to the general the problem was New York and Miami.

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SP4: One other thingMar 29th, 2008 - 04:39:07

...he's not a ground-pounder...he's a jet jockey. For whatever reason, he seems to think his expertise is now counterinsurgency and non-conventional warfare.

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NoharnessMar 29th, 2008 - 13:55:01

Quoting the article:''Too often we've excused and even embraced an ethic of greed, corner cutting, insider dealing, things that have always threatened the long-term stability of our economic system.' Obama said.'

That would be an ethos of greed, Senator, not an ethics of greed. The problem begins and ends with our government. It was our government that made this kind of situation possible by establishing a fiat currency. The system will work, but only at the price of repeated bouts of inflation and astounding crashes. Our accounting standards have morphed into our tax code and our tax code is COMPLETELY incomprehensible, even for those who have spent a career studying it.

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SP4: Boy, NoharrMar 29th, 2008 - 14:27:39

...that REALLY will fall on deaf ears, in this room!

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