Obama’s First Weekly YouTube Address

Tyler Durden · 11-16-2008, 01:51 PM

[url]

BrooklynBound · 11-16-2008, 01:59 PM

Government can't fix the economy.

JetsFan2012 · 11-16-2008, 02:49 PM

[QUOTE=BrooklynBound;2865569]Government can't fix the economy.[/QUOTE]

As Reagan said, "Government isn't the solution to the problem, government is the problem."

JetsFan2012 · 11-16-2008, 02:54 PM

It sounds like he's committing a lot of money to a lot of different things -- bailouts, healthcare, saving jobs, green economy initiative, etc. Where's all this money going to come from?

Tyler Durden · 11-16-2008, 02:59 PM

[QUOTE=pauliec;2865628]As Reagan said, "Government isn't the solution to the problem, government is the problem."[/QUOTE]

As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."

BrooklynBound · 11-16-2008, 04:32 PM

[QUOTE=Tyler Durden;2865632]As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."[/QUOTE]

Kinda like a tall midget

JetsFan2012 · 11-16-2008, 05:08 PM

[QUOTE=Tyler Durden;2865632]As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."[/QUOTE]

How is throwing billions of dollars at every problem more "competent"?

fukushimajin · 11-16-2008, 05:40 PM

I think its fair to day that Reagan's ideas, to the extent that they were intended to succeed at all -- have failed.

The economy began to boom under Reagan because interest rates were finally recovering from the stagflation of the 1970's and he and the Congress spent wildly on defense mainly but in other areas as well. The elimination of many regulations also provided an initial stimulus.
Any fool can make an economy boom by spending lots of dough and making things easy for capital-holders. It takes skill to have the economy grow while keeping a firm hand on the tiller and balancing the budget. The Democrats partly did that under Clinton, by raising taxes, balancing the budget (with 0 republican votes) and bringing down interest rates. They failed (the '94 elections totally killed any chance of this) to do anything about bringing sensible, modern regulations to the economy.
We're now facing at a bad period and we can either do it with 8-9% unemployment and spend two years in the wilderness or 15-20% unemployment and a decade of really bad times.

I suggest we do a modified Reagan: spend like hell now, spend on something useful (not military or pointless public work projects) (I'll use building a modern electricity transmission grid as a good example) -- cut taxes for middle-income earners while leaving the rich alone and slowly begin to reform our failed economic oversight system. When the economy recovers, it will be time to do as Clinton did and go back after the debt. I would also break with Reagan and move to Government health insurance to remove those costs from employers.

BrooklynBound · 11-16-2008, 06:15 PM

[QUOTE=fukushimajin;2865768]I think its fair to day that Reagan's ideas, to the extent that they were intended to succeed at all -- have failed.

The economy began to boom under Reagan because interest rates were finally recovering from the stagflation of the 1970's and he and the Congress spent wildly on defense mainly but in other areas as well. The elimination of many regulations also provided an initial stimulus.
Any fool can make an economy boom by spending lots of dough and making things easy for capital-holders. It takes skill to have the economy grow while keeping a firm hand on the tiller and balancing the budget. The Democrats partly did that under Clinton, by raising taxes, balancing the budget (with 0 republican votes) and bringing down interest rates. They failed (the '94 elections totally killed any chance of this) to do anything about bringing sensible, modern regulations to the economy.
We're now facing at a bad period and we can either do it with 8-9% unemployment and spend two years in the wilderness or 15-20% unemployment and a decade of really bad times.

I suggest we do a modified Reagan: spend like hell now, spend on something useful (not military or pointless public work projects) (I'll use building a modern electricity transmission grid as a good example) -- cut taxes for middle-income earners while leaving the rich alone and slowly begin to reform our failed economic oversight system. When the economy recovers, it will be time to do as Clinton did and go back after the debt. I would also break with Reagan and move to Government health insurance to remove those costs from employers.[/QUOTE]
Who was talking about Reagan?

PlumberKhan · 11-17-2008, 06:50 AM

Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.

BrooklynBound · 11-17-2008, 07:35 AM

[QUOTE=PlumberKhan;2866665]Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.[/QUOTE]

We're never going to be a manufacturing economy. Our standards of living are too high -- it's a good thing, actually.

Warfish · 11-17-2008, 08:20 AM

[QUOTE=PlumberKhan;2866665]Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.[/QUOTE]

Can we also send all the dumbass, ignorant, moron blue-collar workers who foolishly chose to live well beyond their means, bought houses and cars and TV's they couldn't afford, and now can't repay their debts?

America was a good country before these idiot Joe Sixpacks running around in their Lexuses and $500K homes started defaulted on everything, and whining about how it's everyone elses fault they lacked the intelligence to understand their own debt.

cr726 · 11-17-2008, 08:26 AM

This is the same guy that revolutionized our gov't deficit.

[QUOTE=pauliec;2865628]As Reagan said, "Government isn't the solution to the problem, government is the problem."[/QUOTE]

MnJetFan · 11-17-2008, 10:19 AM

BTW watch the price of gas skyrocket again!

jetstream23 · 11-17-2008, 10:31 AM

[QUOTE=MnJetFan;2866860]BTW watch the price of gas skyrocket again![/QUOTE]

I'm watching. But, tell me when and why? I think oil goes back to $80 as well but not until 2010....and not before going further south to the $40's first.

BrooklynBound · 11-17-2008, 10:42 AM

[QUOTE=MnJetFan;2866860]BTW watch the price of gas skyrocket again![/QUOTE]

But wait, I thought global elite controlled oil prices! If they do, why are they letting oil fall so much?

RutgersJetFan · 11-17-2008, 01:01 PM

On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?

Tyler Durden · 11-17-2008, 05:34 PM

[QUOTE=RutgersJetFan;2867164]On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?[/QUOTE]

I'm almost 100% sure he will be..

Tyler Durden · 11-17-2008, 05:35 PM

[QUOTE=RutgersJetFan;2867164]On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?[/QUOTE]

I'm almost 100% sure he will be..

11-16-2008, 01:51 PM	#1
Tyler Durden Banned Join Date: Jan 2007 Posts: 31,171	Obama’s First Weekly YouTube Address [url]

11-16-2008, 01:59 PM	#2
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	Government can't fix the economy.

11-16-2008, 02:49 PM	#3
JetsFan2012 Waterboy Join Date: Oct 2005 Posts: 0	[QUOTE=BrooklynBound;2865569]Government can't fix the economy.[/QUOTE] As Reagan said, "Government isn't the solution to the problem, government is the problem."

11-16-2008, 02:54 PM	#4
JetsFan2012 Waterboy Join Date: Oct 2005 Posts: 0	It sounds like he's committing a lot of money to a lot of different things -- bailouts, healthcare, saving jobs, green economy initiative, etc. Where's all this money going to come from?

11-16-2008, 02:59 PM	#5
Tyler Durden Banned Join Date: Jan 2007 Posts: 31,171	[QUOTE=pauliec;2865628]As Reagan said, "Government isn't the solution to the problem, government is the problem."[/QUOTE] As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."

11-16-2008, 04:32 PM	#6
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	[QUOTE=Tyler Durden;2865632]As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."[/QUOTE] Kinda like a tall midget

11-16-2008, 05:08 PM	#7
JetsFan2012 Waterboy Join Date: Oct 2005 Posts: 0	[QUOTE=Tyler Durden;2865632]As Obama said, "We don't need bigger government or smaller government. We need a better government - a more competent government."[/QUOTE] How is throwing billions of dollars at every problem more "competent"?

11-16-2008, 05:40 PM	#8
fukushimajin All Pro Join Date: Apr 2007 Posts: 1,130	I think its fair to day that Reagan's ideas, to the extent that they were intended to succeed at all -- have failed. The economy began to boom under Reagan because interest rates were finally recovering from the stagflation of the 1970's and he and the Congress spent wildly on defense mainly but in other areas as well. The elimination of many regulations also provided an initial stimulus. Any fool can make an economy boom by spending lots of dough and making things easy for capital-holders. It takes skill to have the economy grow while keeping a firm hand on the tiller and balancing the budget. The Democrats partly did that under Clinton, by raising taxes, balancing the budget (with 0 republican votes) and bringing down interest rates. They failed (the '94 elections totally killed any chance of this) to do anything about bringing sensible, modern regulations to the economy. We're now facing at a bad period and we can either do it with 8-9% unemployment and spend two years in the wilderness or 15-20% unemployment and a decade of really bad times. I suggest we do a modified Reagan: spend like hell now, spend on something useful (not military or pointless public work projects) (I'll use building a modern electricity transmission grid as a good example) -- cut taxes for middle-income earners while leaving the rich alone and slowly begin to reform our failed economic oversight system. When the economy recovers, it will be time to do as Clinton did and go back after the debt. I would also break with Reagan and move to Government health insurance to remove those costs from employers.

11-16-2008, 06:15 PM	#9
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	[QUOTE=fukushimajin;2865768]I think its fair to day that Reagan's ideas, to the extent that they were intended to succeed at all -- have failed. The economy began to boom under Reagan because interest rates were finally recovering from the stagflation of the 1970's and he and the Congress spent wildly on defense mainly but in other areas as well. The elimination of many regulations also provided an initial stimulus. Any fool can make an economy boom by spending lots of dough and making things easy for capital-holders. It takes skill to have the economy grow while keeping a firm hand on the tiller and balancing the budget. The Democrats partly did that under Clinton, by raising taxes, balancing the budget (with 0 republican votes) and bringing down interest rates. They failed (the '94 elections totally killed any chance of this) to do anything about bringing sensible, modern regulations to the economy. We're now facing at a bad period and we can either do it with 8-9% unemployment and spend two years in the wilderness or 15-20% unemployment and a decade of really bad times. I suggest we do a modified Reagan: spend like hell now, spend on something useful (not military or pointless public work projects) (I'll use building a modern electricity transmission grid as a good example) -- cut taxes for middle-income earners while leaving the rich alone and slowly begin to reform our failed economic oversight system. When the economy recovers, it will be time to do as Clinton did and go back after the debt. I would also break with Reagan and move to Government health insurance to remove those costs from employers.[/QUOTE] Who was talking about Reagan?

11-17-2008, 06:50 AM	#10
PlumberKhan BRACE YOURSELVES FOR 12... Banned Join Date: Feb 2006 Location: Van down by the river Posts: 21,013	Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.

11-17-2008, 07:35 AM	#11
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	[QUOTE=PlumberKhan;2866665]Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.[/QUOTE] We're never going to be a manufacturing economy. Our standards of living are too high -- it's a good thing, actually.

11-17-2008, 08:20 AM	#12
Warfish JetsInsider.com Legend Join Date: Jan 2004 Posts: 35,000	[QUOTE=PlumberKhan;2866665]Wanna fix the economy? Send ever "financial" person working in and around Wall Street to the bottom of the Marianas Trench with the weight of their idiotic, moronic, dumb ass schemes tied around their pencil necks. America was a good country when we were full of blue collar factory workers. Now with all these dumb **** empty suits running around making billions in fake money by pushing other peoples money around on paper we have become an ass cyst on the world.[/QUOTE] Can we also send all the dumbass, ignorant, moron blue-collar workers who foolishly chose to live well beyond their means, bought houses and cars and TV's they couldn't afford, and now can't repay their debts? America was a good country before these idiot Joe Sixpacks running around in their Lexuses and $500K homes started defaulted on everything, and whining about how it's everyone elses fault they lacked the intelligence to understand their own debt.

11-17-2008, 08:26 AM	#13
cr726 Jets Insider VIP Join Date: Jan 2005 Posts: 13,274	This is the same guy that revolutionized our gov't deficit. [QUOTE=pauliec;2865628]As Reagan said, "Government isn't the solution to the problem, government is the problem."[/QUOTE]

11-17-2008, 10:19 AM	#14
MnJetFan All League Join Date: Feb 2005 Posts: 4,302	BTW watch the price of gas skyrocket again!

11-17-2008, 10:31 AM	#15
jetstream23 recovering from turf toe Jets Insider VIP Join Date: Dec 2005 Location: Phoenix, AZ (New Jets Stadium Section 246) Posts: 31,551	[QUOTE=MnJetFan;2866860]BTW watch the price of gas skyrocket again![/QUOTE] I'm watching. But, tell me when and why? I think oil goes back to $80 as well but not until 2010....and not before going further south to the $40's first.

11-17-2008, 10:42 AM	#16
BrooklynBound Hall Of Fame Join Date: Jan 2005 Posts: 15,550	[QUOTE=MnJetFan;2866860]BTW watch the price of gas skyrocket again![/QUOTE] But wait, I thought global elite controlled oil prices! If they do, why are they letting oil fall so much?

11-17-2008, 01:01 PM	#17
RutgersJetFan Jets Insider VIP Join Date: Jul 2005 Posts: 29,953	On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?

11-17-2008, 05:34 PM	#18
Tyler Durden Banned Join Date: Jan 2007 Posts: 31,171	[QUOTE=RutgersJetFan;2867164]On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?[/QUOTE] I'm almost 100% sure he will be..

11-17-2008, 05:35 PM	#19
Tyler Durden Banned Join Date: Jan 2007 Posts: 31,171	[QUOTE=RutgersJetFan;2867164]On a sidenote, I think it's great that he's doing these. Anyone know if he plans to continue after the inauguration?[/QUOTE] I'm almost 100% sure he will be..