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Thread: Obama State of the Union

  1. #551
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    Re: Obama State of the Union

    Quote Originally Posted by mbig View Post
    LOL Rookie

    I do this for a living
    Citibank UNDER $1 a share from 50.
    DOES THAT look like Obama's fault to you? Fear of Obama has people selling their stocks for 2c on the dollar?

    C: Basic Chart for CITIGROUP INC - Yahoo! Finance


    The goverment now having poured in $50 Billion and gauranteeing another $270 Billion in debt of Citi alone.

    So Yeah.. it's a no Brainer.
    (except for you)
    Even Now Citibank is $3 a share Under water in Book value on a 'mark-to-market' net value.
    Where do you think Citi would be without that Moola and Gaurantee?
    Citi was 97 cents a share/A Penny stock until the govt gave it Huge bucks.


    Bankamerica given another $50 Billion down to virtually -0-

    BAC: Basic Chart for BK OF AMERICA CP - Yahoo! Finance


    Merrill Lynch BROKE and forced INTO Bankamerica to save the System.
    Wachovia, Gone.
    Washington Mutual, Gone.
    Lehman, Gone.
    AIG, Gone.
    Scores more.. GONE.

    ALL The banks and brokers borrowing from the Fed as there was NO commercial paper market.
    The system was Frozen/DEAD. Everyone was B- R -O -K -E.

    Anything else SON?:
    Their doing so bad now Obama wants to tax them. They paid it back quickly telling me they weren't in that much trouble.

    Yes Obama doing this caused negative publicity which I am suer is hurting them.

    Obama is abusing power by taking shares in these companies. This is a government take over. He did it to the auto companies and banks.


    Citibank to Pay Back $20 Billion Bailout | News10.net | Sacramento, California | Local News


    Citigroup is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence.

    The New York-based bank was among the hardest hit by the credit crisis and rising loan defaults. It received $45 billion in government support as part of the Troubled Asset Relief Program.

    Citigroup Inc. only has to pay back $20 billion because the remaining $25 billion was converted into a 34 percent ownership stake in the bank earlier this year.

  2. #552
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Fair enough, I apologize for the insults
    Thank you! Your apology is accepted.

    You do realize that the Republicans did not have enough votes to prevent the Democrats from passing anything and thus any filibuster had to be bipartisan as there had to be at least one Democrat and total Republican support for a filibuster. Your point that the Democrats do not walk in lockstep with Obama can be applied as well as to the Republicans as indicated by the Stimulus Plan which got Snowe, Collins, and Specter from the Republican side. Specter then switched parties.

    My point all along has been and still stands, the Republicans alone could not stop anything that Obama wanted so any filibuster had to be bipartisan. Not sure what your point is but your statement was absolutely false.
    My point was that the number of filibusters under the Republican party is unprecedented in the history of the filibuster, which I have established.


    What legislation was blocked by the Republicans?
    I am not going to look up every time a Republican filibuster was used. There are far too many, and is not necessary to prove the claim I made. From the numbers given it would appear that almost every measure was filibustered.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #553
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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    Thank you! Your apology is accepted.



    My point was that the number of filibusters under the Republican party is unprecedented in the history of the filibuster, which I have established.




    I am not going to look up every time a Republican filibuster was used. There are far too many, and is not necessary to prove the claim I made. From the numbers given it would appear that almost every measure was filibustered.
    Look, the chart you posted showed great numbers in the 110th Congress which was Democrat Controlled. Any filibuster was Democrat generated as it doesn't make any sense for the Republicans to filibuster anything with a GOP President.

    As for 2009 the Republicans couldn't filibuster anything withouth Democrat assistance thus it had to be a bipartisan filibuster. Had Obama been able to keep all his own party in line there wouldn't have been any filibuster.

    Filibusters have been used for decades and have served to make for biapartisan legislation. Seems that Democrats have a problem with that rule now that they are in charge and no longer have a filibuster proof Senator. There is absolutely nothing that Obama has proposed regarding the economy or healthcare that I support and I am sure you didn't have a problem during the Bush years when Democrats filibustered Republican legislation.

    Still your statement regarding Republican stopping Obama legislation is false. Obama is spending way too much and growing the size of the Govt. to unsustainable levels. He is ignoring the private sector and I am glad some Democrats see that.

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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    Thank you! Your apology is accepted.



    My point was that the number of filibusters under the Republican party is unprecedented in the history of the filibuster, which I have established.




    I am not going to look up every time a Republican filibuster was used. There are far too many, and is not necessary to prove the claim I made. From the numbers given it would appear that almost every measure was filibustered.
    Democrats started it under Bush to the point of even filibustering judges.

    The precedent was set by the democrats.

    I don't see your argument when the GOP did not have enough votes to filibuster. You are making no sense. It was democrats that stopped passage not the GOP.

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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    Insults noted in bold above.

    "research by Congressional scholar Barbara Sinclair of UCLA on the fact that we are confronting something very new:

    In the 1960s, she finds, “extended-debate-related problems” — threatened or actual filibusters — affected only 8 percent of major legislation. By the 1980s, that had risen to 27 percent. But after Democrats retook control of Congress in 2006 and Republicans found themselves in the minority, it soared to 70 percent."

    PostPartisan - Not your father's filibuster (or your mother's)



    The filibuster: let's talk about it - James Fallows
    You are really missing the point on this chart, because the Democrats Controlled Congress in 2007-2008 doesn't mean that Republicans filibustered legislation. They didn't have to, they had a President who could veto it. Democrats filibustered Bush nominees as well as legislation that Bush wanted including SS and Medicare reform. They also prevented legislation that would have provided greater supervision over Fannie Mae and Freddie Mac.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post



    What legislation was blocked by the Republicans?

    Seems to me that the healthcare bill that came out of the Senate was written by three republicans, as well as three democrats,(the gang of six they were calle) when it came to the final vote not a single republican vote.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama State of the Union

    Quote Originally Posted by donc View Post
    Seems to me that the healthcare bill that came out of the Senate was written by three republicans, as well as three democrats,(the gang of six they were calle) when it came to the final vote not a single republican vote.
    Then that wouldn't be a filibuster, would it? Were you equally outraged when no Democrats voted for Bush legislation? The point has been made it was Democrats that derailed Obama issues not the Republicans.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Then that wouldn't be a filibuster, would it?
    I was responding to this
    What legislation was blocked by the Republicans?
    it didnt say anything about a filibuster.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Look, the chart you posted showed....
    Quote Originally Posted by ptif219 View Post
    Democrats started it under Bush to the point of even filibustering judges.

    Quote Originally Posted by Conservative View Post
    You are really missing the point on this chart....
    Guys, I've already provided evidence that the number of Republican filibusters from 2007 through 2009 are unprecedented in the history of either party since the beginning of its use.

    Provide documentation with links that refutes my documentation if you can.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #560
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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    You are really missing the point on this chart, because the Democrats Controlled Congress in 2007-2008 doesn't mean that Republicans filibustered legislation. They didn't have to, they had a President who could veto it. Democrats filibustered Bush nominees as well as legislation that Bush wanted including SS and Medicare reform. They also prevented legislation that would have provided greater supervision over Fannie Mae and Freddie Mac.
    Catawba You chart shows it took off as of 1996-2006 that was under Bush. democrats were filibustering even judges. They set the precedent
    Last edited by ptif219; 02-15-10 at 12:35 AM.

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