Here's the pool report:
POTUS finished taping the Tonight Show with Jay Leno. He was wearing the same dark suit and blue tie as earlier today in Arizona.
Pool watched the taping on TV from another room at the NBC studios.
We are able to report on the contents now, after the taping, but not release a full transcript or too many quotes.
Pretty newsy interview. Leno asked about Edward Snowden, NSA, embassy closings, Russia, Hillary Clinton, economy, healthcare.
On embassy closings:
POTUS said the U.S. was not overreacting.
POTUS said people can still take vacation, just do so in a “prudent way” by checking on the State Department Websites for up-to-day information before making plans.
"The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately."
On NSA:
POTUS said government surveillance is a "critical component to counterterrorism." But, he said, he knows that the surveillance programs have "raised a lot of questions for people."
"We don’t have a domestic spying program. What we do have is some mechanisms that can track a phone number or an email address that is connected to a terroritst attack...That information is useful."
Snowden/Russia:
Leno asked POTUS what he would call Snowden?
"We don’t know exactly what he did, except what he said on the Internet and it's im important for me not to judge."
POTUS said he asked his staff to look at ways to reduce the number of contractors.
On Russia:
POTUS said he was disappointed in its decision on Snowden, but he said the two nations still work together on Afghainstan and the Boston bombing.
"There are times when they slip back into Cold War thinking and Cold War mentality. What I continually say to them and to President Putin, that’s the past."
POTUS said he would be attending the G-20 summitt in St. Petersburg, Russia.
He does not think that the gay rights controversy there will affect the Olympics.The Weekly Standard
98 comments:
We sure don't have a domestic leadership program.
Anyone believe he actually talks to Putin like that?
Obama lies.
Anyone believe he actually talks to Putin like that?
Not to his face.
How sad that late night comedy is the "news".
Yesterday, I heard our unprofessional president smarmily say that Fannie and Freddie would be privatized - and then some further snark about how he's clearly not a socialist and this proves it.
Lucky for Obama, masses of morons don't understand that his party(D) destroyed Fannie and Freddie by using the gov-run entity as a personal multi-million dollar piggy bank.
Sarah Palin said as much and was smacked down by our unprofessional pro-democrat hack press.
Peggy Noonan has this to say about the Chris Christie:
To call growing concerns about the size, depth, history, ways and operations of our now-huge national-security operation “esoteric” or merely abstract is, simply, absurd. Our federal government is involved in massive data collection that apparently includes a database of almost every phone call made in the U.S. The adequacy of oversight for this system is at best unclear. The courts involved are shadowed in secrecy and controversy. Is it really wrong or foolhardy or unacceptably thoughtful to wonder if the surveillance apparatus is excessive, or will be abused, or will erode, or perhaps in time end, any expectation of communications privacy held by honest citizens? It is not.”
How sad that Leno let himself be used for this Propaganda. Then, he does work for NBC. I don't blame him. It's just more of the same from the higher ups who pull the pro-dem propaganda strings at the major left-works.
"We don't spy on Americans."
I'm an American. Why do you want access to my computer, courtesy of software companies? Why do you want all my passwords? Why do you track Twitter and Facebook? Why do you want to know what I buy from iTunes? Why do you want to know where I am by accessing my cell phone? Why does your healthcare plan want to know if I own guns? Why do you want a black box in my cars that tells you exactly where they are, where they've been, how long they've been there and how fast they travelled? Why are my license plates tracked?
"We don't spy on Americans"
"I'll close Gitmo in my first term".
"You can keep your doctor."
"You can keep your health insurance plan."
"I support DOMA."
"Afghanistan is the war American should fight."
Whatever he says, believe the opposite. Every time.
@ Haz
Exactly.
VDH says the same:
In the second term, there is little of the Obama bully pulpit left. “Make no mistake about it” and “let me be perfectly clear” can incur caricature, not fainting. “Really,” “I’m not kidding,” “I’m serious,” “in point of fact,” and “I’m not making this up” often prove rhetoric hints that the opposite is true. When Obama warns about gridlock in Washington, the “same old tired politics,” the dangers of a tyrant or king in the White House, the need for an honest IRS, or the perils of government surveillance, these admonitions have tragically become a psychological tic to warn us about himself.
You know a politician is either running for office or in trouble when they appear on late night shows. In a big reversal, late night comics are ripping Obama. It is more damaging than what most folks might think. Obama is trying to put out that fire.
Relating to the objection of Community Organizer in Chief appearing on Leno, among the comments I read,
"Nixon appeared on Laugh In and said, "Sock it to me" and no one complained about that."
Ping. The arrow of equivalence strikes at the heat of reason and scores.
And I wondered, orly?
What was that like? Did he pop his head out a wooden door and say that then abruptly shut the door? Did someone hit him? That would be worth seeing.
YouTube [nixon laugh in]
That was depressing.
Now I'm completely depressed.
This is going to take awhile to snap out of.
I just a few days ago caught portions of a recently released movie, the hero is like a "the Office" kind of hero, sorry I don't know their names, through some kind of time travel he ends up in a future where everybody is stupid. Very stupid. Society is upside down because stupidity rules. It's so stupid they elect him prime minister or president because he's the smartest of all. Everything revolves around sex and prostitution. I think he's usurped as stupidly as he was exalted and the point of the movie is how democracy eventually fails and society's idea of evolution differs from nature's idea of evolution. Or something.
Who is listening to him at this point?
Who is listening to Leno?
He has to go on Leno to be listened to by the people who listen to Leno.
And probably not listen to Jon Stewart.
Or the women on The View.
Who is listening to Jon Stewart anymore? Who watches The View?
Jesus Christ on a crutch.
The guy's wife shows up on the Food Network, three times now by my count, and BANG that thing is off. Right straight off.
Obama isn't on Leno to poke fun at himself, he's there because his poll numbers are sinking and he needs to sure up the blind faithful with his creepy swooning bullshit.
Jay Leno is the new White House Press Secretary?
As El Rushbo noted, "Everything Barack Obama says has an expiration date".
And that date is often retroactive.
You know, as much as I dislike Obama, I can't think of anybody on the Republican side that I like any better.
That's the dilemma.
I saw last night's interview. He really does know how to look poised and knowledgeable even while drowning. If they ever make an NBC miniseries about a black President, I would pick him over Denzel Washington hands down. I would just hope that the NBC writers would give him better lines and more credible situations than this present sitcom.....I liked the way he said that didn't want to comment on Snowden because it might prejudice a future trial. So soon after the Zimmerman trial, it would be easy to play a line like that for cheap laughs, but he said it with dignity and aplomb. Judged not so much as a statesman or leader, but as an actor who can say incredible bullshit with sincerity and persuasive charm, he's one of the greats,
I saw last night's interview. He really does know how to look poised and knowledgeable even while drowning. If they ever make an NBC miniseries about a black President, I would pick him over Denzel Washington hands down. I would just hope that the NBC writers would give him better lines and more credible situations than this present sitcom.....I liked the way he said that didn't want to comment on Snowden because it might prejudice a future trial. So soon after the Zimmerman trial, it would be easy to play a line like that for cheap laughs, but he said it with dignity and aplomb. Judged not so much as a statesman or leader, but as an actor who can say incredible bullshit with sincerity and persuasive charm, he's one of the greats,
All the beautiful people could care less that ordinary folk are reduced to looking for part time work if they can get that in vicious punk's economy.
This is the new normal.
We don't have a spying program?
Cheryl Atkisson is rightfully skeptical of President Obama's statement. As is James Rosen's family. And the preparers of Mitt Romney's income tax returns.
BS.
Obama lies
Don't be so harsh. He probably hasn't read about it in the newspaper yet.
April,
Obama was on Leno to show his respect to Leno. I think it is one of the more honorable and Presidential things Obama has done. Did Obama take advantage of it for personal/political gain? Sure. But few will remember his words and more will remember the act. The impressive thing was how much more honorable and respectable Leno appeared by being a gracious host.
Choom was on Leno because Leno is the only comic who's been going after him and his ratings are killing the other late nighters, so he has to try to do some damage control.
I don't watch late night, but if I did regularly, it would be Conan.
So who's been saying what, and how caustic has it been?
The mutual Hollywood/Democrat tongue bath doesn't fool me. If anything, Leno has been somewhat tough on Obama and Obama needed to power in with his faux-grace and put a stop to it.
Not falling for it.
edutcher, Even Letterman has hit him recently, as have Fallon and Kimmel. I saw a montage on CNN the other day.
Deborah, The jokes on the montage I saw were on the IRS, Benghazi and NSA. You know, those "phony" scandals. One joke even hit on Obama calling them "phony." Most late night viewers are not that into politics. So, this is an important sector and he's getting hit pretty hard.
I find it creepy there are score keepers somewhere - people paid to monitor and keep track of all the insults hurled at poor Obama.
Dems call the alphabet left-works executives and plead:
"OK - stop now. It's too much. Ease up.
Come on, you're supposed to be on our side. Can't we get back to the days when the late night puppets jumped all over Bush for his stupidity and pummeled republicans for their *wink* sins?
Thanks, Nick.
Chip - You were watching "Idiocracy", more genius from the mind of the brilliant Mike Judge (Beavis and Butthead, King of the Hill, Office Space, etc.)
He no longer cares about telling the truth because he really never did. He's a pathological liar that is also a sociopath. He's probably been a liar his whole life if not taught to lie outright.
"The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately."
I need help understanding this sentence. Was it part of a joke?
And, pray tell, how does this make him any different from any of the other pathological liars that populate our government?
Because he's worse. He lies about more things, more often. Not just fudging and spinning, but 180 degress from reality, black to white, day to night, lying.
But this is the key difference: unlike those other liars, he's scarcely grilled, checked, refudiated by the MSM, at all. He has the White House press corps wrapped around his finger (and/or under his thumb). That's what makes his lies and evasions especially pernicious.
ndspinelli said...
edutcher, Even Letterman has hit him recently, as have Fallon and Kimmel. I saw a montage on CNN the other day.
Then that 41% approval may not be safe.
When the Lefties have to ape Leno to keep the ratings up, things are not looking good for the Little King.
On the subject of sticking to Da Man, Tweet in Burbank, Did ya sleep tight the night after Benghazi?
Shouting Thomas said...
He no longer cares about telling the truth because he really never did. He's a pathological liar that is also a sociopath. He's probably been a liar his whole life if not taught to lie outright.
And, pray tell, how does this make him any different from any of the other pathological liars that populate our government?
It doesn't, but what it does show is the utter arrogance, hubris, and conceit that he can do it so plainly and openly without as a function of the backing of the cadre of his ilk who support and enable him to continue lying and will do nothing about it. He does it in plain sight and in your face as a matter of course. Bill Clinton was a master of telling the tall tale, but he did it in a way that made it folksy without being so blatant unless he was really painted into a corner.
Obama, just out and out lies and doesn't care. At least those other in government go out of their way to hide their lies. All politicians lie. All of them. I think it's a job description because they either think they have to or need to out of some duty to protect their constituents from the realities that they are allegedly protecting us from. Frankly, it's infantile in it's delivery, but as our population gets dumber, the blatant lying becomes even easier and I think Obama knows and see this and capitalizes on it.
As to the rest in government, it's done as a matter of course. There are many good and honest people within government you will never know or hear about, but the culture of government and the bureaucracy is such that you cannot trust a word of anything it says or those that say it. The well has been poisoned forever. There is no such thing as trust in government and therefore government says, why should now care since you don't trust us anymore, we will pile on the bullshit even more and make you swim through it if we have to.
john said...
"The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately."
I need help understanding this sentence. Was it part of a joke?
It's a bizarre sentence. Either his obsessive need for fairness requires that odds for civilian deaths by terrorism are unfortunately not as high as those by auto accidents and he wants to make them that way? He wants equitable civilian causalities via terrorism to equal those in automobile accidents? What possible conclusion can one make of this unless he is going to reclarify it.
"The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately."
I need help understanding this sentence. Was it part of a joke?
That struck me as an odd thing to say, too, but I think he is saying it's too bad people die in auto accidents, wish it was zero.
And, pray tell, how does this make him any different from any of the other pathological liars that populate our government?
This boils down to the same silly moral equivalence argument the left is always making about the US vs USSR or Christianity vs Islam. From a high enough altitude everyone and everything is the same, but down here on the ground we need to be able to distinguish between, say, an Obama and a George W. Bush.
Obama lies more than any president since Nixon and I would say he lies more than Nixon. It matters.
They say that TV is a "cool" medium (as opposed to radio, which is "hot") and as such "No Drama Obama" is the perfect TV-age President in that his sociopathic personality enables him to utter the most outrageous lies between his teeth with an utterly calm, highly believable absolutely straight-faced manner. And the vast majority of the public, now mainly being the product of leftist-dominated propaganda-mills called public schools and unable to spot the discrepancies between his lies and objective reality, laps it all up. (or lap it all up as the English would say..)
The odds of dying in a terrorist attack are a lot lower than they are of dying in a car accident, unfortunately.
This is a classic illustration of an Obama sentence that starts with one train of thought and finishes on a different set of tracks. He considers it important to regret car accident deaths, but fails to remember how he started the sentence.
Here's another I analyzed at Althouse. I've broken it into clauses so you can see that the last clause doesn't match where he started.
I'm the first one to confess
that the spirit
that I brought to Washington,
that I wanted to see instituted,
where we weren't constantly in a political slugfest
but were focused more on problem-solving
that, you know, I haven't fully accomplished that.
Leaving out the middle subordinate clauses reveals a stupid-sounding sentence which ends improperly.
I'm the first one to confess that the spirit...that, you know, I haven't fully accomplished that.
We don’t have a domestic spying program.
Did he emphasize the word "a", as in:
We don't have a domestic spying program. We have 23.
Funniest line in a news story today:
The potential for [Congressional] staff losing the subsidies led to concerns of “brain drain” from the Hill if staffers left as a result of the increased costs.
Brain drain? From Congressional staffs? BWAHAHAHAHAHA
*cough* *choke* *wheeeeeeze*
Note that there are no concerns that there will be adverse effects anywhere else in society. Al Qaeda has nothing on the Democratic and Republican parties, and bin Laden is a piker next to Barry Hussein Half-white.
"We don't spy on Americans"
Well, they don't, not anymore. It's hardly spying when the Stazi show up and demand you give them everything or be shot. It's hardly spying when the US Government demands that they have access to all of your digital records or else. "Spying" implies some sort of clandestine activity. What the feds are doing now is about as clandestine as a the Sun.
but down here on the ground we need to be able to distinguish between, say, an Obama and a George W. Bush.
Okay, sure. But isn't it fair then that some of you guys be asked to distinguish between Obama and Putin, or Stalin?
Look at the post right beneath yours. I know you aren't responsible for it but doesn't it sound like Virgil can't distinguish between Obama and Ariel Castro. "Sociopathic personality" indeed.
That "same silly moral equivelance argument" is found on the right, too.
"You know, as much as I dislike Obama, I can't think of anybody on the Republican side that I like any better.
That's the dilemma."
The very important thing is that even a Republican who was much worse would be less dangerous and damaging, because he couldn't get away with it. I don't like much of anything about Obama, but the worse thing is that the press kisses his ass, and a whole lot of people like it that way. It's the very situation that leads to the most awful episodes in history. I think we are seeing some pretty awful developments from the perspective of what it means to be an American.
Ariel Castro only hurt a handful of people, robbing them of their potential among other things. Obama is a lightworker and operates on a larger scale.
One law, Obamacare, has cost more people good jobs and careers at my tiny little company than all the people affected by Ariel Castro over the entire nation. That's just one law, and one tiny company over a few months.
I wish Obama and Castro could switch jobs. At least the girls got rescued. "Deaaaad Givaway, deaaad givaway"
phx said...
but down here on the ground we need to be able to distinguish between, say, an Obama and a George W. Bush.
Okay, sure. But isn't it fair then that some of you guys be asked to distinguish between Obama and Putin, or Stalin?
Look at the post right beneath yours. I know you aren't responsible for it but doesn't it sound like Virgil can't distinguish between Obama and Ariel Castro. "Sociopathic personality" indeed.
That "same silly moral equivelance argument" is found on the right, too.
Ariel Castro is not Obama, therefore there cannot be a moral equivalency argument.
One law, Obamacare, has cost more people good jobs and careers at my tiny little company than all the people affected by Ariel Castro over the entire nation. That's just one law, and one tiny company over a few months.
Yeah, Bagoh, but that is a success to the Democrats. Democrats love poor people, which is why they're trying to create so many more of them. And that's why the Dems love Obama more than Bill Clinton: Obama is responsible for creating more poor people while Clinton actually presided over a decent economy. No self-respecting Democrat can respect that.
Ariel Castro only hurt a handful of people, robbing them of their potential among other things. Obama is a lightworker and operates on a larger scale.
Okay so you want to make a polemical point that Obama is worse than Ariel Castro.
Sure, go ahead. Don't expect anyone but those who are as far right as you are (and myself b/c I like to tussle with you now and then) to pay you any attention.
So now it's my turn to say George Bush hurt more people than Charles Manson, right? Let's not do that and say we did.
That "same silly moral equivalance argument" is found on the right, too.
phx: To be sure you can find the same fallacies on the right as on the left. However, some fallacies are employed more often by one side than the other. Moral equivalence in the interest of mitigating blame is mostly a left-wing argument.
The moral equivalence example you provide in which Obama and Putin are lumped together is actually a different animal. That's a smear -- Obama is condemned as being as bad as Putin.
If it were moral equivalence, Putin would be relieved of blame because he was no worse than Obama. That's not an argument the right makes.
To be sure you can find the same fallacies on the right as on the left. However, some fallacies are employed more often by one side than the other.
You are right creeley23. Personally, I'm more interested in finding and listening to people on either side who can argue without employing fallacies than getting into a game of "Which side does this fallacy more often?"
Those games are usually self-serving. Useful for gripe sessions, doesn't really help or make things better IMO.
Think of where we would be right now in a full blown multi-year vigorous recovery (like every other one following a recession) if just for the simple difference of having a President who business people could trust. It's heartbreaking that my fellow Americans chose this.
If the guy just did what's best for the country rather than for his followers' ideology that's swamped in class envy and environmental extremism we would be flying right now. Instead of allowing us to have all the energy we could create and enjoy the fruits of that again, he chose to party with all the scam artists in the envro-industrial complex, and blow money on stupid pipe dreams that nobody was willing to risk their own money on.
He's done almost everything possible to scare people away from hiring and investing in ourselves. Years, and probably decades are now lost for millions of people. Not me, I'm doing great. I'm older, I don't need a job, my path is mostly behind me, but so many young people will never have the opportunity I had to go from poverty to relative wealth by finding a job, and then another one, and then another until I learned and saved enough to offer the same to others.
They may have what looks like a better safety net today, but what it really is is a net holding them down. Yes, they may be safer if they stay on the ground, but I'm glad I was given the danger and the historically rare opportunity to fail or fly with the primary safety coming from the ability to pick myself back up and try again. Our young are not even getting their first shot, let alone the second that almost always is an improvement. They are hiding in the nest, and thinking it's a good thing to have it. What a waste.
"So now it's my turn to say George Bush hurt more people than Charles Manson, right? Let's not do that and say we did. "
I offered a new way to look at it. You just said "me too". You can do better if you just try to add to the conversation instead of taking mine away. That's so lefty, so 2012.
I offered a new way to look at it. You just said "me too".
I know, I know. You are the very picture of reason and I am attempting to devalue you and your beliefs. Your comment, showing how Obama was worse than Ariel Castro, clearly added value, mine was an attempt to derail the conversation from a low-information voter.
Yawn.
It's heartbreaking that my fellow Americans chose this.
65 million plus Americans voted for failure last year. And that's what we're going to get more of.
Years, and probably decades are now lost for millions of people.
We're five million full time jobs short of where we were six years ago, but the labor force aged population has grown by 13 million people. Absolute failure.
Median wages have fallen since the "recovery" started. Food stamp usage has increased by about 50% during the recovery, last I checked. Most of the jobs added during the recovery have been part-time jobs, and that trend has gotten WORSE this year.
And this is what the Democrats are calling a successful economy that should be celebrated. Oh, and they want to add a few tens of millions more poor people from the Third World to make certain that unemployment remains high and wages remain low. (In this they are joined by the Republican Party. To Hell with those bastards too.)
Fuck them. Fuck every last person that voted for Obama last year with a rusty chainsaw. Seriously, I hope every last one of you bastards that voted for him last year die some horrifying death. You've earned it for voting for failure and calling it a success. Goddamn every last one of you, and all your progeny, too.
Seriously, I hope every last one of you bastards that voted for him last year die some horrifying death. You've earned it for voting for failure and calling it a success. Goddamn every last one of you, and all your progeny, too.
And they say women and lefties are the "emotional" ones.
phx, anyone that voted for Obama last year voted for proven failure. As such, your opinion means less than shit, as actual shit can sometimes be used for fertilizer.
phx: Thinking about it, though, ST did start by blaming all people in government as being as bad as Obama, so I'd have to concede that ST is not making the standard moral equivalence argument. He is smearing all government officials as being as bad as Obama.
Personally, I'm more interested in finding and listening to people on either side who can argue without employing fallacies than getting into a game of "Which side does this fallacy more often?"
I think it's great to listen; however, there are times when one must make "degrees-of-difference" arguments, as difficult and bias-prone as such distinctions are. Much politics comes down to this, after all.
I jumped ship from the left as much because I found far more fallacious arguments on the left as because I realized I was more of a classic liberal than the modern social-welfare liberal.
Folks, I admire some things about President Bush.
But, he was a big part of this economic disaster. He enthusiastically participated in the mortgage/derivatives fiasco. He's also the author of the open borders policy that has swept the Republican Party.
That's pretty damning.
Republicans are about to sign on for the open borders amnesty. 30 to 50 million more Mexican immigrants predicted over the next few decades.
Maybe Mitt Romney would have been marginally better. I don't know.
Icepick you mean my opinion that you're a little overwrought and emotional? Sure, there aren't any grounds for that whatsoever.
Guys, I'm bummed about Obama's reelection too, but do we have to go to the "Fuck 'em all" level of rhetoric?
Someone tell Lem, See? We CAN argue with each other without completely bustin' up the place.
Later.
And they say women and lefties are the "emotional" ones.
Median wages have fallen during Obama's "recovery". UE rates have only fallen because people keep "dropping out" of the labor force. If not for that, the UE-3 rate would be over ten percent for almost the entirety of the Obama term in office, even accounting for demographic changes. (The miss would have been very early in his Presidency.) Food stamp usage has soared by 50% during Obama's recovery.
This is what Obama claimed as a success last year, and this is what Dems claim America needs more of. That makes you guys the enemy of people that want to be prosperous and self-supporting.
The added vitriol comes from me seeing my professional career get destroyed and seeing Obama and all the leftist shits celebrating that fact as the best thing since Stalin murdered the Kulaks. And celebrating the fact that my daughter's prospect won't be much better. (But to Hell with her, she's just another racist white person anyway.)
So, for celebrating the destruction of my career and the ruination of my daughter's future prospects, I hate your fucking guts, and hope you die. It's what you want for me and mine, and I'm just returning the sentiment. It's just that unlike you leftist turds, I'll actually state what I want clearly and directly, without any of the moral preening that you use to disguise your hate.
Hate for hate, phx, with an added sprinkle of honesty on top of it.
But, [GWBush] was a big part of this economic disaster. He enthusiastically participated in the mortgage/derivatives fiasco. He's also the author of the open borders policy that has swept the Republican Party.
Yeah, and I've got no use for him or the Republican party, either.
But the "recovery" is all on Obama. Median wages have fallen DURING THE RECOVERY. And Obama and the Dems claim this is as a success. None of that is on GWBush, not one goddamned bit of it.
ST, Bush tried numerous times to reign in the mortgage disaster, but Democrat congress did what Dems do - they played class warfare, and poo pooed the numerous warnings signs. Bush eventually and in time saw the light on what was going wrong, the Dems saw it as an opportunity. That's pretty much explains the whole problem with Dems - seeing disaster as an opportunity to pursue.
What Bush does deserve blame or credit for depending on your view is the enormously expensive Medicare Part D and the war on terror. Both had their benefits, but both were too expensive for us to pursue as we did.
A Google search brings up the following Sept. 11, 2003 New York Times article, which shows the Bush administration was aware of potential lending problems and did try to do something about it:
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.
Icepick you mean my opinion that you're a little overwrought and emotional?
I lost my job early in the recession. With it, I lost my livelihood, my retirement savings, my home and a car. Only by the luck of who died when am I not homeless now.
SO yes, I take these things personally.
Obama's recovery has actually been WORSE for me looking for a job than the recession was. I was able to get interviews then. I can't even get an interview to work for Walmart now.
Former professionals have trouble moving down, because bosses are worried that the professional types won't stick around. Like anyone does at Walmart, but that's how it goes. We can't get jobs in our own professions because employers assume that we'll either want too much money or that our skills have gone to Hell, or both. Besides, there's some kid coming out of school that will be happy to do that work for less than the people that got hired last year make.
The only way me and millions of people like me are ever going to work again is to have a healthy growing economy. Not at economy that grows at a meager 2% in a good quarter, and that driven by massive governmental deficits.
The RECOVERY sucks. This recovery has NOT been an employment recovery. But cheating with the stats at the BLS makes things look good enough for the Dems to lie and claim this is a great victory for America.
Instead it's just bitter ashes in the mouths of an ever growing number of us, who have seen out hopes and dreams crushed, and seen Democrats celebrate that destruction as the appropriate sacrifice for their new god.
To Hell with them.
...
I've been out of work more than five years. I lost my job two days before I turned 40. I fully expect that I will never work again. And turds like phx think I should be kissing their asses for being such goddamned heroes of the poor.
ST, Bush tried numerous times to reign in the mortgage disaster, but Democrat congress did what Dems do - they played class warfare, and poo pooed the numerous warnings signs.
Bagoh, this is just wrong. Bush made a big deal, starting in 2002, of pushing up homeownership rates, especially amongst Hispanics. And by 2004 Hispanic home ownership rates had climbed, pushing up the overall rate. This was a primary policy goal of Bush & Rove. Those increased rates came at great costs. Steve Sailer has written about this extensively over the years.
CEO, that's great, but Bush and Rove were pushing higher Hispanic home ownership rates at all expense will half-heartedly trying to reign in abuses by lenders. A big effort on one side versus a little effort on the other side.
But this illustrates the point. Republicans won't even own up to their own failures in the past in order to correct problems in the future. Both parties are horrible.
@Icepick.
I see the financial collapse as a cooperative effort between the investment banks and both parties. Takes too long to explain and I'm going to rehearsal.
I don't know whether I'm retired or unemployed, but I'm a lot older than you. Retirement is going to be quite a bit thinner than I had anticipated.
But, I'm going to be OK and enjoy life. That's all I can do. Life throws these survival challenges at you from time to time. I've been beaten down to the dirt a few times in life. Find opportunity where nobody (and that includes you) sees that it exists.
Icepick, I said eventually, he saw the light. Read, CEO-MMP above. I saw the Congressional hearings with my own eyes where the Bush Administration was trying to convince them to reign in Fanny and Freddy, and I saw them ridiculed by Democrats implying it was racist, and fear mongering. Somebody was right and someone was wrong. The people who were wrong caused this, and they are still there.
Find opportunity where nobody (and that includes you) sees that it exists.
That's crap. It's just all ashes now, economically. The only people getting ahead now are those with connections to people in power. I'm just hoping my wife doesn't lose her job when her company "re-organizes", which is a euphemism for head-honchos laying people off to improve their stock option positions.
This is what phx thinks I should be happy about.
Icepick, I've seen plenty of criticism of the overspending by Republicans. This thread has plenty including you, and there is the Tea Party, and lots of right-wingers who speak out against it.
On the Dem side it's pretty much uniform that we don't spend enough, we don't tax enough, we don't regulate enough, etc.
There is quite a bit of difference, they just both spend too much.
Icepick, I said eventually, he saw the light.
A minor effort at pull-back after the huge push forward over the precipice. I just can't give him any credit for being that wrong on the front-end.
On the Dem side it's pretty much uniform that we don't spend enough, we don't tax enough, we don't regulate enough, etc.
There is quite a bit of difference, they just both spend too much.
Yes, there's a difference. It a difference between the disasters (Republicans) and the catastrophes (Democrats).
And I'd think better of the Tea Partiers if they hadn't gotten rolled so easily into the Republican party by 2012. Seriously, any Tea Partier loses my respect by voting for the likes of Boehner and McConnell for leadership. You don't win a revolution by joining the people you're trying to overthrow and giving them all your support.
A minor effort at pull-back after the huge push forward over the precipice.
Seriously, Bush trying to back-up and tighten lending standards had all the effect of Wile E. Coyote (Super Genius) trying to get back to the edge of the cliff.
I've been out of work more than five years. I lost my job two days before I turned 40. I fully expect that I will never work again.
I'll leave it to the righties to point out what may be the problem here.
Obama to Leno:
Terrorists depend on the idea that we're going to be terrorized. And we're going to live our lives. And the odds of people dying in a terrorist attack obviously are still a lot lower than in a car accident, unfortunately. But there are things that we can do to make sure that we're keeping the pressure on these networks that would try to injure Americans. And the first thing I think about when I wake up and the last thing I think about when I go to bed is making sure that I'm doing everything I can to keep Americans safe."
It makes me furious that our president repeats the left's favorite refrain about more of us dying in a car accident than a terrorist attack. It diminishes terror.
And you have to love that he has the audacity to say that he never goes to bed without making sure he's doing everything to keep Americans safe. What happened to that on the night in Benghazi?
Bagoh is so right -- any Republican would be better because he or she could never get away with making such a statement, let alone letting people die in Benghazi without losing a wink of sleep.
And we're going to live our lives. And the odds of people dying in a terrorist attack obviously are still a lot lower than in a car accident, unfortunately
It's really such a shame more people aren't dying in terrorist attacks.
(If you parse the structure of his sentence)
As usual - excellent points, Bagoh.
I have yet to hear one - ONE lefty discuss how they feel about Solyndra. One lefty discuss if they are OK with someone like Franklin Raines and other Democrats who walked away with $30-40 million dollars as Fannie and Freddie faced financial collapse.
I'd like to know if lefty thinks $50 million is too much to spend on an IRS party, while the nation struggles?
etc...
Opportunity in Obama's America - ya gotta be connected.
And Bagoh, sorry to hear about the losses at your company. That kind of stuff really sucks ass for the owners, too, unless they're completely sociopathic.
It's the nature of bubbles that most people do not think that they are in one until it collapses. A netted fish thrown on the shore is shocked that there is such a thing as no water......I think we might be in some kind of bubble what with all the debt we're taking on and all the money we're printing, but here in Weimar it's a sunny day so I'm not going to worry about it. One thing I do know is that five years from now some people are going to look prescient and most people are going to look foolish. That's the way it works.
@icepick: There's such a thing as negative bubbles. Everything doesn't consistently happen for the worst in the worst of all possible worlds....You can type, spell, and write grammatical sentences. That puts you ahead of 2/3 of all job applicants. You're having a tough middle passage, but I'm sure than in the fullness of time you will acquire a job that sucks worse than unemployment.
"And Bagoh, sorry to hear about the losses at your company."
We didn't lose anybody yet, we just stopped hiring. Stopped dead after tripling our payroll in just three years. I don't know how many jobs that is, but I know it's more than Obama has created in 5 years of pivoting to it over and over, and having it as his highest priority, a task he knows nothing whatsoever about, and unfortunately the most important thing we need.
I'll put it in terms the lefties can understand: It's like we're a nation of fish and we got ourselves a bicycle.
It's easy to forget how frothy the pre-crash 2000s were, when Bush was supposed to avert the mortgage crisis, while also dealing with the War on Terror, the Iraq War, and the aftermath of the dotcom bubble.
I had a staunch conservative friend who watched all the financial shows and just about everyone was asleep at that particular switch. He concluded that economists finally had a handle on how to avoid crises and it was good that home ownership was within reach of nearly everyone.
Almost no one got that right. Bush at least tried to do the right thing. The same can't be said for most of Wall St and all of the Democratic and European leadership.
Icepick, still whining about not having a job. What McDonald's not hiring?
We didn't lose anybody yet, we just stopped hiring.
Better to lose through attrition than by cuts. SO there's that. I'd bet that you're getting squeezed on hours and benefits, though.
Icepick, still whining about not having a job. What McDonald's not hiring?
No, Inga, they actually won't hire anyone that has been out of work for more than a year. Which makes them just like everyone else. But thanks for mentioning it, bitch, and here's hoping you daughter steps on an IED sometime soon. hopefully you'll be standing beside her when it happens.
Icepick=Whoresoftheinternet.
Icepick said,
"No, Inga, they actually won't hire anyone that has been out of work for more than a year. Which makes them just like everyone else. But thanks for mentioning it, bitch, and here's hoping you daughter steps on an IED sometime soon. hopefully you'll be standing beside her when it happens."
August 8, 2013 at 9:27 AM
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Freeman, is that allowed here? Icepick/ whores comment at
9:27?
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Icepick, is a a whiny loser who allows his wife to support him, while being too cowardly to get retraining for himself.
Shame on you, what a fine father figure you will be to your daughter, wishing other people's daughter's who are brave and smart and serve this country to step on an IED. I suspected this was the case with Icepick, now I know for sure.
Did I mention LAZY too?
This is what happens when people are consumed by pity only for themselves, if he truly felt anything for his wife and child he would've gotten himself back into school and found a new profession. I would've suggested that male nurses are in great demand, but with his psychological makeup.... No, not a good fit.
Icepick, is a a whiny loser who allows his wife to support him, while being too cowardly to get retraining for himself.
Whew. That was a pretty close call, Inga. For a moment I thought you had turned on your friends who live in Madison.
Anyhow. It's an utterly lovely day in Waukesha County. I suggest you turn off the computer and get on the pontoon boat and maybe sun your pontoons before the lake gets too busy.
Micheal, hon, I'm usually outside on a lovely summer day. iPads and iPhones work outside too, ya know? I'm actually up in Black River Falls, visiting family, thanks for the concern.
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