Oh Obama.... do you EVER think before you speak?

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http://www.bloomberg.com/news/2011-...not-effective-enough-as-it-drags-on-u-s-.html

“Some of the challenges that we’ve had over the last several months actually have to do with the fact that, in Europe, we haven’t seen them deal with their banking system and their financial system as effectively as they needed to,” Obama said yesterday in response to a question about U.S. economic growth at a roundtable discussion on Hispanic issues at the White House.

Unreal that he chastizes Europe when we haven't done a thing to prevent another economic collapse here due to our banks.

Obama didn’t specify what steps should be taken.

This should come as no surprise. He rarely has an actual plan or suggestions because that would mean he would provide ideas that might be...... criticized.... and we can't have that. Because then people might think he has no friggin clue what to do.

 

[Bonestorm]

I love how not doing what you want means doing nothing at all.

Also, it would be particularly unwise for Obama to provide policy suggestions to the ECB and, in particular, Germany. There's enough dissent and division in the Euro Zone as it is.

 

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I love how not doing what you want means doing nothing at all.

I didn't state he did nothing at all. I stated he has done nothing to prevent another collapse of our own banking system. The financial regulation bill did nothing to stop the big banks from taking insane levels of risk. It did nothing to regulate the mortgage industry on qualifications for loans. It did nothing with regards to breaking down the 'too big to fail' banks. When you put those all together it means the banks can continue taking insane levels of leveraging because they know the government will bail them out if their bets go bad and that they can make a lot of money if the bets work.

Also, it would be particularly unwise for Obama to provide policy suggestions to the ECB and, in particular, Germany. There's enough dissent and division in the Euro Zone as it is.

ROFLMAO.... so it is 'particularly unwise' to provide actual policy suggestions but it is ok for Obama to stand on the side line, stamp his feet and shout 'hey! you all aren't doing enough'

Tell me.... how does THAT help relations?

 

[Bonestorm]

I didn't state he did nothing at all. I stated he has done nothing to prevent another collapse of our own banking system. The financial regulation bill did nothing to stop the big banks from taking insane levels of risk. It did nothing to regulate the mortgage industry on qualifications for loans. It did nothing with regards to breaking down the 'too big to fail' banks. When you put those all together it means the banks can continue taking insane levels of leveraging because they know the government will bail them out if their bets go bad and that they can make a lot of money if the bets work.

Like I said.

ROFLMAO.... so it is 'particularly unwise' to provide actual policy suggestions but it is ok for Obama to stand on the side line, stamp his feet and shout 'hey! you all aren't doing enough'

Tell me.... how does THAT help relations?

They aren't doing enough. That's a fact. It is not disputable or debatable. What they ought to do is a matter of opinion and there are divergent views on that question. Stating the obvious isn't going to ruffle anyone's feathers. Telling Germany that its just going to have to suck it up and bail out the Greeks is a bit different.

 

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Like I said.

Tell us genius.... WHAT is it that you think Obama has done that will prevent another meltdown. Surely you have SOME point that you are trying to make? What part of the financial reg bill will prevent another banking collapse? Which of my points do you refute? Or are you just defaulting to your 'must defend the messiah' position?

They aren't doing enough. That's a fact. It is not disputable or debatable. What they ought to do is a matter of opinion and there are divergent views on that question. Stating the obvious isn't going to ruffle anyone's feathers. Telling Germany that its just going to have to suck it up and bail out the Greeks is a bit different.

Tell me... how does stating 'you aren't doing enough' HELP? Especially when HE ISN'T doing enough either?

 

[Jarod]

Does Supercandy ever think before he types?

Many banks were saved, many were allowed to go under. This was done according to a plan. Another meltdown has not happened, despite the (liberal) media and the Republican Party saying how likely it was. The Media and the Republicans still might get there wish, but the president and his administration has held it off this long and are still fighting to prevent it.

 

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Does Supercandy ever think before he types?

Many banks were saved, many were allowed to go under. This was done according to a plan. Another meltdown has not happened, despite the (liberal) media and the Republican Party saying how likely it was. The Media and the Republicans still might get there wish, but the president and his administration has held it off this long and are still fighting to prevent it.

???? We aren't talking about TARP you half wit. We are not talking about whether another meltdown in the US has ALREADY occurred or not, we all know that one has not. We are talking about WHAT has been done to prevent another meltdown?

Try taking your own advice and THINK before you type.

 

[Bonestorm]

Tell us genius.... WHAT is it that you think Obama has done that will prevent another meltdown. Surely you have SOME point that you are trying to make? What part of the financial reg bill will prevent another banking collapse? Which of my points do you refute? Or are you just defaulting to your 'must defend the messiah' position?

Go read Dodd Frank and get back to me. You're obviously ill informed of its particulars.

Tell me... how does stating 'you aren't doing enough' HELP? Especially when HE ISN'T doing enough either?

I didn't say it helps. I said it's a fact. It neither hurts nor helps. It just is.



And I should have been more accurate about what the Germans are ultimately going to have to do. They won't be bailing out Greece necessarily, but Greece's lenders.

 

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Go read Dodd Frank and get back to me. You're obviously ill informed of its particulars.

I have read it. As I stated, it has done nothing to prevent banks from taking excessive amounts of leverage. It did nothing to clean up their books. It did nothing to make the 'too big to fail' any less big.

So... again... if you think there is something in Dodd Frank I missed, by all means SHARE it.

I didn't say it helps. I said it's a fact. It neither hurts nor helps. It just is.

LMAO.... you don't think it hurts?

Its like telling Joe Montana via the media that he isn't 'doing enough' to win and then not providing any insight as to how Joe might improve. Ya think Joe isn't going to be pissed that you are calling him out in front of the world? Especially when your name is Ryan Leaf?

And I should have been more accurate about what the Germans are ultimately going to have to do. They won't be bailing out Greece necessarily, but Greece's lenders.

perhaps....

 

[Bonestorm]

I have read it. As I stated, it has done nothing to prevent banks from taking excessive amounts of leverage. It did nothing to clean up their books. It did nothing to make the 'too big to fail' any less big.

So... again... if you think there is something in Dodd Frank I missed, by all means SHARE it.

No thanks. There is plenty of information on the web that spells out what Dodd Frank does. You are free to obtain it at your leisure. I recommend any analysis by attorneys that work int he financial services sector and advise financial services clients. They're usually pretty straight without the ideological bullshit.

I'm no longer in the buisness of providing information to people that they ignore.

LMAO.... you don't think it hurts?

No, I don't think it hurts.

Its like telling Joe Montana via the media that he isn't 'doing enough' to win and then not providing any insight as to how Joe might improve. Ya think Joe isn't going to be pissed that you are calling him out in front of the world? Especially when your name is Ryan Leaf?

Oh, is that what it's like?

perhaps....

Perhaps? Um, definitely.

 

[Jarod]

???? We aren't talking about TARP you half wit. We are not talking about whether another meltdown in the US has ALREADY occurred or not, we all know that one has not. We are talking about WHAT has been done to prevent another meltdown?

Try taking your own advice and THINK before you type.

I am not talking about TARP, plenty has been done to prevent another meltdown, stuff we know about and stuff we dont know about. If a meltdown was emminent as the media and Republicans told us 6 months ago, and it did not happen, (It has not) then logic would say, it was prevented. Geitner has done a LOT to prevent another meltdown, and thus far has been successfull.

 

[Rune]

I didn't state he did nothing at all. I stated he has done nothing to prevent another collapse of our own banking system. The financial regulation bill did nothing to stop the big banks from taking insane levels of risk. It did nothing to regulate the mortgage industry on qualifications for loans. It did nothing with regards to breaking down the 'too big to fail' banks. When you put those all together it means the banks can continue taking insane levels of leveraging because they know the government will bail them out if their bets go bad and that they can make a lot of money if the bets work.

Are you fucking kidding?
Republicans, at the insistance of banking lobbies prevented meaningful safeguards, not Obama.

 

[Alias]

Are you fucking kidding?
Republicans, at the insistance of banking lobbies prevented meaningful safeguards, not Obama.

Blaming republicans isn't going to help Obama at this point. He's finished. He will stop his campaign soon and make an announcement not to run.

 

[Rune]

Blaming republicans isn't going to help Obama at this point. He's finished. He will stop his campaign soon and make an announcement not to run.

Other than being the most idiotic statement I have seen since the last time I read one of your posts, this is completely off-topic as well as untrue.

If you really need to lie constantly, at least keep your lies on topic.

 

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No thanks. There is plenty of information on the web that spells out what Dodd Frank does. You are free to obtain it at your leisure. I recommend any analysis by attorneys that work int he financial services sector and advise financial services clients. They're usually pretty straight without the ideological bullshit.

I'm no longer in the buisness of providing information to people that they ignore.

So you have no points to make. Nothing to refute what I stated. Your answer is 'look at Dodd Frank'. Even though, as I stated, Dodd Frank does NOTHING to address the biggest problems. I suggest in the future that if you don't actually wish to back up your claims, then perhaps you shouldn't make them.

No, I don't think it hurts.

Of course you don't. It was your messiah that made the comment and we all know he can do no wrong in your eyes.

Oh, is that what it's like?

Yes, that is what it is like. The US is in a financial mess, Germany did what it takes to shore up their problems. They are one of the strongest players out there. Yet you think it is ok for a weaker player to sit their and shout from the bench 'u not doing enough' all the while holding the clipboard with his thumb up his ass.

Perhaps? Um, definitely.

No moron, not definitely. While it is likely, it is far from definite. There is still a chance, albeit slim, that China is the one that bails out the other lenders rather than Germany. It could be a combination of the two. You don't know. You are just guessing. So enough of the definitely bullshit.

 

[Alias]

Other than being the most idiotic statement I have seen since the last time I read one of your posts, this is completely off-topic as well as untrue.

If you really need to lie constantly, at least keep your lies on topic.

I'm giving my opinion. I'm sure if Obama states he isn't going to run sometime in the future, you'll be a man and admit I was right.

 

[Bonestorm]

So you have no points to make. Nothing to refute what I stated. Your answer is 'look at Dodd Frank'. Even though, as I stated, Dodd Frank does NOTHING to address the biggest problems. I suggest in the future that if you don't actually wish to back up your claims, then perhaps you shouldn't make them.

You saying something doesn't make it so. I know otherwise. You could know otherwise, too. You elect not to.

Of course you don't. It was your messiah that made the comment and we all know he can do no wrong in your eyes.

Of course, Obama can do no right in your eyes. In my eyes he had done quite a bit wrong. Stating the obvious about the European sovereign debt crisis ain't one of them.

Yes, that is what it is like. The US is in a financial mess, Germany did what it takes to shore up their problems. They are one of the strongest players out there. Yet you think it is ok for a weaker player to sit their and shout from the bench 'u not doing enough' all the while holding the clipboard with his thumb up his ass.

OK. But if we're using sports analogies perhaps you ought to recognize that Germany may be a strong player, but it plays on a shitty team. And the team is tanking. And the shitty team is threatening to take down the league, the US included.

No moron, not definitely. While it is likely, it is far from definite. There is still a chance, albeit slim, that China is the one that bails out the other lenders rather than Germany. It could be a combination of the two. You don't know. You are just guessing. So enough of the definitely bullshit.

You misunderstood my meaning. I was simply saying that a "Greek bailout" isn't really a bailout of Greece, but a bailout of Greece's lenders. I wasn't commenting on the likelihood of a bailout.

 

[Rune]

Originally Posted by Superfreak
I didn't state he did nothing at all. I stated he has done nothing to prevent another collapse of our own banking system. The financial regulation bill did nothing to stop the big banks from taking insane levels of risk. It did nothing to regulate the mortgage industry on qualifications for loans. It did nothing with regards to breaking down the 'too big to fail' banks. When you put those all together it means the banks can continue taking insane levels of leveraging because they know the government will bail them out if their bets go bad and that they can make a lot of money if the bets work.



Are you fucking kidding?
Republicans, at the insistance of banking lobbies prevented meaningful safeguards, not Obama

 

[Alias]

Originally Posted by Superfreak
I didn't state he did nothing at all. I stated he has done nothing to prevent another collapse of our own banking system. The financial regulation bill did nothing to stop the big banks from taking insane levels of risk. It did nothing to regulate the mortgage industry on qualifications for loans. It did nothing with regards to breaking down the 'too big to fail' banks. When you put those all together it means the banks can continue taking insane levels of leveraging because they know the government will bail them out if their bets go bad and that they can make a lot of money if the bets work.



Are you fucking kidding?
Republicans, at the insistance of banking lobbies prevented meaningful safeguards, not Obama

Has Obama made any bad decisions as President?

 

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ODS!!!!!!