What happened to Obama and the whole "YES WE CAN" - Page 2

Please reread your first sentence, if that is not the first indictment on why the bank bailout package is a failure then I do not what is.

As for what we should do, how about telling americans to get off their collective asses and get to work. I work in the construction industry and there are plenty of illegals still working construction jobs. There are also a large number that work in the service industry at hotels/laundries and what not. Why don't all these laid off americans go take over those jobs so that we can have people that actually pay taxes work those jobs and give the government a reason to deport the leeches.

I remember when you could buy an american made washing machine, isn't it about time that happens again?

the Siren is right on. All the people that bought a $300,000 house and filled the garage with $40,000 SUVs on a $90,000 a year household income are just as guilty as the bankers.

^----- this.

My wife and I are very lucky in terms of this recession's impact on us, but we also lived within our means. I have 1.5k of credit card debt, about a thousand left on my student loans, and that's it for debt.

^^^^Right on Ben.
I really have a different perspective on this because of my age. I am horrified when people who overspent cry for help . It truly makes me cringe, I would be so embarassed if I was in that position.

I don't have any strategy that I think would be foolproof, "there's no sure thing" a cliche', but true.

I do agree that the same money doesn't go as far. Our retirement took a hit as well. But we have hardly any debt except our house which is almost paid for.


Oh,


hi sultry!

LOL you are right that was very long winded for me. I had to type it in another program and paste because I can hardly see this.

Anyway, this problem is so large I cannot sum it up in my normal 1 to 3 lines.

HI!

I've been around but there is very little worth posting over anymore.

i honestly think that Obama's presidency will be remembered as a huge disappointment. Not because of anything that he did per se, but because he can't possibly live up to the hype and the economy is bound to get far worse before it gets better.

Instead of stimulus, do nothing – seriously | csmonitor.com

Not a bad read...

true... same here
I believe this might be the first time we agree politically?
like everyone else has already said: if you didn't overspend (much), you shouldn't be hurting terribly now....

I am not inclined to listen to the ideas of a group that purports that the best solution to a burst appendix is to pray, and not surgically remove the offending organ.

LOL but I don't mind their logic on the economy, I do agree with the whole rest of what you said though.

It might be the first time. I still don't want to give 60% of my income though lol.

I hate you!

Hey, bro, it only took 10 years I started with close to 20k...

Zeitgeist

Exactly. Well, it depends on how well Obama's policies actually help shorten the length of the recession (late 2010 vs. 2012 or later) and how well we come out of it. From a historian's point of view, they'll remember how massive the problem was and the degree to which Obama could have succeeded versus what he actually did. Popular opinion, on the other hand, will probably gloss over this and remember Obama as a disappointment.

They began scaling back the "Yes We Can!" in the late stages of his campaign (when he had most states in the bag) and before he was sworn into office. The "Yes" platform got him the nomination, but now he faces the downfall of raising hopes so high.

I don't really feel qualified to give my opinion on the bailout. I think the information that's been given really only gives snapshots of the numerous problems. We get one snapshot of the CEOs, and everyone cries bloody murder against corporate spending and private jets (btw- anyone read the NYTimes opinion article a while back about how private planes are good for the economy? Fascinating. I'd want to run a fact-check, but very interesting opinion). Then we get a glimpse of Americans who spent irrationally, and we begin to blame or neighbors. Then when we begin to track the first portion of the bailout, we see that the money went into xyz instead of abc. Etc. Etc.


{Also, I think the whole problem started much earlier than most people think. Many feared during the 90s Asian Recession that a global recession was imminently around the corner (within a few years, especially if they were in one of the devastated countries... very interesting how Malaysia refused IMF aid).}

Oh come on.... I spent $170 on doctor's visit and lab tests just TODAY.... what about 50/50?

^^Hell to the no. I would rather be sick than give up 50%..

I have Tricare now and it sucks. It was even worse when I was still in the military. The care was "free" but I had no options other than what I was told. If I didn't like the care I was getting it was tough shit for me. When I worked for the State of NC it was a bit better. I didn't even mind that I had to pay more for my insurance.

One thing I have noticed with government health care is that when its "free" it is used in the worst way possible. You seen tons of people at the emergency room for simple things like colds or a broken finger. Overuse always leads to rationing IMO.

40%?

^^^Fucking LOL! Are we haggling here?

NO! I want the Fair Tax.

It was never "YES I CAN" it was and is "YES WE CAN" so people have to do their part as well. Only others have proclaimed the man to be a messiah, he has never said he has all the answers, so nothing has really happened to the "yes we can' other than the "we" has not shown up as yet on the scene, since the economic stimulus package has taken up most of the time and attention (which is a serious matter) thus far in the short time there has been an official Obama administration. Obviously though, not everyone will be on-board in the doing, but if people expect all their problems to be solved for them, they truly have another thing coming because magic is not real.


P.S. He has only been president for approximately 22 and one half days now so, give it a bit of time to see if people will be willing to help rebuild things.

40% is fair! LOL

Last I checked WE don't have a say in the stimulus package, only the polititicans do, yeah yeah they are supposed to represent "us" but really....I think its rather stupid that Obama is spending money on advertising FOR his stimulus package, its up to Congress not the "American people" per se, we aren't voting on it....so why spend money advertising to the american people? Does he think we are going to go lobby our congressman? *rolls eyes*

The two F**kin things that could have helped ME specifically they just took out of the stimulus...Grrrr....

A $15,000 tax credit for anybody buying a home over the next year was dropped; instead, first-time homebuyers could claim an $8,000 credit for homes bought by the end of August. Car buyers could deduct the sales tax they paid on a new car but not the interest on their car loans.

Economic stimulus package on track for final votes

THIS COUNTRY IS SO FUCKED UP