Even America's liberal elites concede that Obama's Presidency is crumbling

[Va Beach VH Fan]

Are you talking about Bush?

Come on we have a new President now. He wanted the job. He asked for it and he got it. It's been his for 2 years now. When are people going to stop blaming Bush for the current issues impacting this country?

Absolutely, it's been happening on his watch, he's overall responsible.

But you do remember that the first "bailout" was done by Bush, and not Obama ??

You also remember that nearly 1,000,000 jobs were lost even before Obama took office ??

How can you NOT blame Bush, at least with a hearty percentage ??

[hambon4lif]

Alot of people around this way are still talking about Obamas Laborfest speech. He hit Milwaukee last weekend and burned down the fucking barn!!
There are parts of that speech where he got so worked up I thought he was going to snap, call everyone "candy-asses" and challenge Stone Cold Steve Austin to a match in the cage!

I don't know if anyone else notices this, but there's a MAJOR difference between "Campaign Obama" and "President Obama". I saw him get riled up and thought to myself "where the fuck has THIS guy been for the last 20 months??!?" I believe that's the Obama that the people elected, not the one who kicked back and let Congress run the show. (and they ran it, too....right into the fucking ground).

It's too little too late, and it shouldn't take something like the mid-terms in order to start giving a shit.

[BigBadBrian]

Absolutely, it's been happening on his watch, he's overall responsible.

But you do remember that the first "bailout" was done by Bush, and not Obama ??

You also remember that nearly 1,000,000 jobs were lost even before Obama took office ??

How can you NOT blame Bush, at least with a hearty percentage ??

There is plenty of blame to go around, that's for sure. Those of us that voted for Bush didn't agree with everything he did, just like I'm sure you don't like everything Obama does.

However, Obama wanted the job and now it's his. He hasn't helped the unemployment one bit, has tripled the deficit from Bush's entire 8 years, has passed legislation that's been wildly unpopular with the American people and just might not be funded in the future, and whose stimulus has been a bust. His party is going to pay for that dearly on NOV 2.

[Nickdfresh]

...has tripled the deficit from Bush's entire 8 years, has passed legislation that's been wildly unpopular with the American people and just might not be funded in the future, and whose stimulus has been a bust...

A lie oft repeated...

[BigBadBrian]

A lie oft repeated...

Nope, it's not a lie. Truth hurts, huh? :tongue0011:

[FORD]

I think Harry Reid could win re-election by a landslide if he just said one thing:

"If re-elected, I promise NOT to run for Senate Majority Leader again".

Sharon Angle is a crazy teabagging freeper wackjob, and for that reason, I hope Reid continues to be Nevada's senator.

But the Senate needs a Majority Leader who knows what the words "majority" and "leader" mean. Spineless Harry never got it. Neither did Daschle. A real Majority Leader would have told Repukes to sit down and shut up, and would have told turncoats like Lieberdouche, Ben Nelson, and Max Baucus to either act like Democrats or get the fuck out.

[jhale667]

I think Harry Reid could win re-election by a landslide if he just said one thing:

"If re-elected, I promise NOT to run for Senate Majority Leader again".

Sharon Angle is a crazy teabagging freeper wackjob, and for that reason, I hope Reid continues to be Nevada's senator.

But the Senate needs a Majority Leader who knows what the words "majority" and "leader" mean. Spineless Harry never got it. Neither did Daschle. A real Majority Leader would have told Repukes to sit down and shut up, and would have told turncoats like Lieberdouche, Ben Nelson, and Max Baucus to either act like Democrats or get the fuck out.

Sharon Angle is despicable. Blathering about conservatives "looking to second amendment rights" and who "needs to be taken out"...she should eat a gun herself.

[FORD]

I just can't believe anybody would run for office in Nevada and claim that Prohibition (of alcohol) was a good thing, and should be brought back.

I can't see her getting a single vote in Las Vegas or Reno based on that alone. Casinos need alcohol to keep people gambling.

Not to mention all the people who drive to Nevada and buy booze by the case because there's no tax on it there like there is in most other states.

[Jagermeister]

This prolly needs a thread of it's own but what the hell

http://cnsnews.com/news/article/72404

Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
Wednesday, September 08, 2010
By Terence P. Jeffrey, Editor-in-Chief




President Barack Obama speaks in Seattle on Tuesday, August 17, 2010. (AP Photo/Carolyn Kaster)(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.

At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama's inauguration.

By contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89--which included all of Reagan’s eight years in office--the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months.

When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.

In just the last four months (May through August), according to the CBO, the Obama administration has run cumulative deficits of $464 billion, more than the $458 billion deficit the Bush administration ran through the entirety of fiscal 2008.

The CBO predicted this week that the annual budget deficit for fiscal 2010, which ends on the last day of this month, will exceed $1.3 trillion.

The first two fiscal years in which Obama has served will see the two biggest federal deficits as a percentage of Gross Domestic Product since the end of World War II.

“CBO currently estimates that the deficit for 2010 will be about $70 billion below last year’s total but will still exceed $1.3 trillion,” said the CBO’s monthly budget review for September, which was released yesterday. “Relative to the size of the economy, this year’s deficit is expected to be the second-largest shortfall in the past 65 years: At 9.1 percent of gross domestic product (GDP), that deficit will be exceeded only by last year’s deficit of 9.9 percent of GDP

[FORD]

If you knew anything about CNS "News" (founded by Pat Robertson and his puppet Brent Bozo) or ever heard Terry Jeffrey speak (he sounds like a Munchkin from the Wizard of Oz) you would know better than to take anything they say seriously.

[Dr. Love]

http://cnsnews.com/news/article/72404

Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
Wednesday, September 08, 2010
By Terence P. Jeffrey, Editor-in-Chief




President Barack Obama speaks in Seattle on Tuesday, August 17, 2010. (AP Photo/Carolyn Kaster)(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.

At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama's inauguration.

By contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89--which included all of Reagan’s eight years in office--the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months.

When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.

In just the last four months (May through August), according to the CBO, the Obama administration has run cumulative deficits of $464 billion, more than the $458 billion deficit the Bush administration ran through the entirety of fiscal 2008.

The CBO predicted this week that the annual budget deficit for fiscal 2010, which ends on the last day of this month, will exceed $1.3 trillion.

The first two fiscal years in which Obama has served will see the two biggest federal deficits as a percentage of Gross Domestic Product since the end of World War II.

“CBO currently estimates that the deficit for 2010 will be about $70 billion below last year’s total but will still exceed $1.3 trillion,” said the CBO’s monthly budget review for September, which was released yesterday. “Relative to the size of the economy, this year’s deficit is expected to be the second-largest shortfall in the past 65 years: At 9.1 percent of gross domestic product (GDP), that deficit will be exceeded only by last year’s deficit of 9.9 percent of GDP

Man, black people are HORRIBLE with money, amirite

[ELVIS]

Prolly spent it on rims...

[fryingdutchman]

The writing was on the wall when FORD changed his avatar to Howard Dean.

[Mushroom]

Nice, blame it on the other guy. I wish I could use that excuse on my job.

[ELVIS]

You can...

Obama said so...