That's why I continue to say folks who are so against Pres. Obama likely have no idea just how bad things were and how the initiative his Administration took really did save this country. Again, back away from talk radio and main stream news and read, girl, read!!!
Of course, such big financial loses wouldn't be publically reported would they. Otherwise, such news would create mass panic and there would be no way to stop a run on the banks. Such losses had to remain "hush, hush".
Last edited by Objective Voice; 07-03-11 at 08:59 PM.
The Promise, by Jonathan Alter - outlines Obama's first 18 months in office
Obama's Wars, by Bob Woodward - details Obama's decision making process leading to his handling of the War on Terror in Afghanistan
Too Big to Fail, by Andrew Ross Sorkin - outlines in full detail the banking crisis
Kindle update time! Thanks.
This one canít be considered leadership until he takes action on it. If he does agree to SS cuts or restructuring, this might count as leadership. Paying lip service to the issue isnít enough though.
So, in the end, he isnít fighting hard to get this debt issue resolved because he thinks he can gain some political advantage by drawing it out and setting the stage and the tone for his 2012 campaign. That isnít leadership either, thatís a snake oil salesman.
Of course Obama denies them. He wants to have his cake and eat it too....
THIS is what a young, urban, mixed Latino, GAY REPUBLICAN looks like now adays."-ME
Capitalism+Bush Doctrine+Israel+state's rights+low/flat taxes=FREEDOM & PROSPERITY.
Just came across this article from FoxNews pertaining to some crazy notion that the President can raise the debt ceiling on his own without Congress using clause 4 of the 14th Amendment. Frankly, I think it's a crazy idea and would go against one of Congress' enumerated powers (appropriations from the Treasury in accordance with laws Congress passes). But what struck me as politicians talking out the side of their necks was this quote by Sen. Jeff Sessions:
When I read that I was like, "Really???" So, let me get this straight...Without addressing efforts to invoke the Constitution, Sen. Jeff Sessions, R-Ala., said Sunday the president and congressional negotiators shouldn't even be discussing a debt deal privately.
"Congress is the constitutional place for this to be decided," said Sessions, who is the ranking member of the Senate Budget Committee.
Before this 14th Amendment issue came up, the GOP was insisting that the President get involved in debt ceiling talks. But now suddenly not only shouldn't he hold private negotiations with congressional legislators, it's not his place to do so?
I'm because now a member of the GOP wants to fall behind "process" when it seems their party's stonewalling tactics on not raising the debt ceiling could be subverted. Hillarious!!!