Obama Speech Bombs ! Here is His Obit !

[Whirlaway]

It is more likely than not that the American fascination with the Obama razzle dazzle has run it's course; Americans are turning into just how bad he has governed, and acknowledging his intcontempetance in managing the economy.

I predict Obam's speech will be a bomb; in the mode of Carter's "malaise" speech in 1979..........the fall out will not be a fun time for Progressives and the Obama zombies....here is what esteemed political writer Ken Brod of the New Republic wrote after Carter's speech...I suspect Obama will get the same ink from today's political observers.

"The past two weeks will be remembered as the period when President Carter packed it in, put the finishing touches on a failed presidency. . . It’s over for Jimmy Carter. He needed a new image, so he took the advice of his pollster, his ad man, and his wife and wound up immobilizing his own government, imperiling the American dollar on the international market, and looking more than ever like a crude, erratic, unstable amateur. . . The Carter administration has simply imploded, collapsed inwardly under the weight of its own incompetence."


It 's like deja vu all over again.

[waverunner234]

I love it when Obama speaks, he moves markets

[cptjohnstone]

Originally Posted by waverunner234

I love it when Obama speaks, he moves markets

yea, DOWN, what down over 1000 points in a couple of months?

[waverunner234]

Originally Posted by cptjohnstone

yea, DOWN, what down over 1000 points in a couple of months?

You make it sound like that is a bad thing. I know the media will try to scare the hell out of you if the market goes down, but the opposite is true.
Look at it this way, in a down market you can buy stock cheaper or get more shares for your money, so if the market goes up again (it always does) you gain wealth.
This is how Warren Buffet got his fortune, buy when stock is low, sell when it is high. I'm sure he doesn't care if markets go down.

If the media tells you everyone lost 5% of his 401K today, think twice and discover what a nonsense this is.
If you are very close to retirement yes that would be a disaster, but every financial specialist will tell you that you shouldn't be in stock in the first place if you need the money within a few years.

[cptjohnstone]

Originally Posted by waverunner234

You make it sound like that is a bad thing. I know the media will try to scare the hell out of you if the market goes down, but the opposite is true.
Look at it this way, in a down market you can buy stock cheaper or get more shares for your money, so if the market goes up again (it always does) you gain wealth.
This is how Warren Buffet got his fortune, buy when stock is low, sell when it is high. I'm sure he doesn't care if markets go down.

If the media tells you everyone lost 5% of his 401K today, think twice and discover what a nonsense this is.
If you are very close to retirement yes that would be a disaster, but every financial specialist will tell you that you shouldn't be in stock in the first place if you need the money within a few years.

yes me and a bunch of other old farts but I get your point

[IIFFOFRDB]

Not talking about the stock market. We are talking about a failed presidency.

[waverunner234]

Originally Posted by IIFFOFRDB

Not talking about the stock market. We are talking about a failed presidency.

Not so sure about that.
No one knows how many jobs were actually "saved" with the stimulus package, no one ever mentions the state jobs saved because Obama helped out the states. Think of teachers, fire fighters and many others who would have been laid off without it.

[Laz]

Originally Posted by waverunner234

Not so sure about that.
No one knows how many jobs were actually "saved" with the stimulus package, no one ever mentions the state jobs saved because Obama helped out the states. Think of teachers, fire fighters and many others who would have been laid off without it.

The layoffs were just deferred. They are still happening.

[I B Hankering]

Originally Posted by Laz

The layoffs were just deferred. They are still happening.

Correct.

[Can I Play Too???]

That is because his speechwriter, Jon Lovett, quit and is now writing scripts for "Holy" wood. http://content.usatoday.com/communit...to-hollywood/1

[TexTushHog]

I thought it was a good speech with some good proposals, albeit, about a year too late. It will be interesting to see what the Republicans do.

[wellendowed1911]

Originally Posted by TexTushHog

I thought it was a good speech with some good proposals, albeit, about a year too late. It will be interesting to see what the Republicans do.

I agree very good speech- he had good ideas that even Republicans have supported in the past- nuff said- get to work Congress!!!!

[WTF]

Originally Posted by Laz

The layoffs were just deferred. They are still happening.

Yea....and now a bunch of stupid fuc's are crying about no new jobs.

[CuteOldGuy]

Yeah. Let's spend a half trillion dollars. Maybe the Super Committee can come up with a way to pay for it. Yeah. Right. More tax and spend = worse economy = hastened fiscal disaster.

[Whirlaway]

He's got you coverd ! Markets down !!!!!!!!

Originally Posted by waverunner234

I love it when Obama speaks, he moves markets