In his best Emily Litella imitation, I can envision Pres__ent Obama, after engaging in weeks of unprecedented fearmongering, telling the country the sky is falling and everything must be bailed out by the government, now saying “Never Mind.”

Obama Declares: Economic Crisis “Not as Bad as We Think”

So, was it really necessary to plunge the nation into the deepest debt it has ever seen? Did he not really do his homework before beginning the cries of woe? Did his handlers get to him and tell him to “cool it?”

Or, did the realization that others were finally standing up against his fearmongering cause him to rethink his strategy?

If he was wrong on the dire circumstances of the economy, what else is he wrong on?

Tell ’em where you saw it. Http://www.victoriataft.com

37 Responses

  1. I would like to think that he is finally seeing the writing on the wall and realizing he is not campaigning now.

    But I think he is simply cooling down the retoric a little.. before he starts spending again.

  2. Or did he use this as an opertunity to pay back those who got him there . I think it was all just for votes that he bought! and he is not done yet!

  3. And now Obama says, “I don’t think things are ever as good as they say, or ever as bad as they say.”

    Yet, who was engaged in all the fearmongering and cries of impending crisis just last week?

    What a brazen admission of hype!

  4. So far, the Kommissar’s spending is in the range of $1-billion per MINUTE since being crowned Kommissar of the USSA. Not too bad for an inexperienced (read “incompetent”) economic expert. (Parse out the word “expert”. “Ex” is a has-been. “Spurt” is a little squirt.)

  5. Latest NBC News/Wall Street Journal poll:

    When you think about the current economic conditions, do you feel that this is a situation that Barack Obama has inherited or is this a situation his policies are mostly responsible for?

    Situation Obama inherited 84%

    Situation Obama responsible for 8%

    Where were you Snottiebill for the last 8 years?

  6. And, not one word from either of you of a brazen admission of his hyping what was going on to justify plunging the nation deeper into debt that it ever was.

    Just the usual divert the thread into a Bush bashing.

    Sorry boys, Bush is gone, it’s homey’s now and he is screwing it up even more than it was.

  7. I apologize for the truth hurting so much:

    Under Bush, Republicans voted for a huge expansion of government that included the Medicare prescription drug plan that added $44 billion to the federal budget last year at a time when Medicare is about to undergo massive growth when the nation’s baby boom generation begins signing up for the medical insurance program.

    That followed a huge increase in the size of the Department of Education and a more expanded government role in local education policies with the enactment of Mr. Bush’s No Child Left Behind Act, which pushed federal education spending from $42.2 billion in 2001 to $54.4 billion in 2007.

    A succession of ever-mounting appropriations bills, loaded with billions of dollars in pork-barrel projects, ballooned federal spending from $1.8 trillion in 2001 to $3 trillion in 2008. The federal deficit this year was projected to be more than $1.2 trillion, before any of President Obama’s record-breaking stimulus expenditures are added to the budget.

  8. Funny now spending is the big issue for you Republicans. You never had any problem when a billion was going out for the war every hour. I would much rather have the money spent on helping the citizens of this country than going to fill the pocket of the military contractors.

    On a side note, I think President Obama is doing a brilliant job. See the economy is already looking better and he has been in office for two months.

    Now let the gnashing of teeth continue for the broken republican party and the dead and buried conservative movement.

  9. Un-Abel if you truly believe that spending a $1-billion dollars a minute is “a brilliant job” then you are more deluded that anyone I have ever had the misfortune of being involved with, even in a rekatively anonymous forum such as this one. And Cheesy and Iago, since you are so in love with your idol, Obama the Incompetent, you should remember that just because he has some semblance of power as allowed him by Scary Reid and Tsarina Peolsi, his puppet-masters, you should not equate that modicum of power with greatness. Not with this guy.

  10. Funnier too is how somehow, it was only Bush and Republicans that voted for all the spending.

    Did the libby’s forget, or ignore, that the beginning of bailouts signed by Bush was voted in by a Democrat majority?

    Have they forgotten the several times we stated the Republicans out of control spending cost them the majority?

    Even so, would that justify homey and the Dictatorial Democrats historically massive spending currently going on?

  11. Oh, by the way, what does any of that have to do with B HO now saying things weren’t as bad as he originally said?

    It would appear to me that his recent admission shows even more that he hyped the previous cries of dire need for the massive spending bills he championed and that quite likely, they were not necessarily needed in the first place.

    I wonder just which way it is really was?

  12. I love how Scottieshill and Lew just like to ignore facts and continue to spout non-sense. I guess when you are on the losing side with no hope for a recovery, you become twisted and bitter. Funnier even yet, President Obama is doing everything he said he would do. I hope he continues because it just makes you all look like foolish clowns. Keep whinning about spending–your George W. Bush sure did a good job of it on two failed wars and the largest growth of government in the history of the United States.

  13. I just love how the usual lefty twits ignore the post completely and try to highjack it into a Bush bashing post, again.

    Then again, perhaps it must be necessary to do so to hide the strong possibility that B HO’s urgency of forcing nationalization of our Healthcare system is also nothing moe than hype too.

    Remember, he is the one who says, “I don’t think things are ever as good as they say, or ever as bad as they say,” and also, “They’re not as bad as we think they are now.”

    I fail to see what any of that has to do with Bush.

    But, just another typical diversion, eh boys?

    It must really hurt to see B HO stumbling all over himself and your own inadequacy in defending him. So, throw up another smoke screen by decrying Bush, even though he is no longer in office and he has nothing to do with this massive socialization of America.

    Hmmmm, what does homey intend to do about China “requesting the U.S. to maintain its good credit, to honor its promises and to guarantee the safety of China’s assets.”

    Their American assets? $696 billion of U.S. government securities.

    China’s Premier Wen Jiabao said, “We have lent a huge amount of money to the U.S., so of course we are concerned about the safety of our assets. Frankly speaking, I do have some worries.”

  14. Lew.. You told me to not confuse Me with facts..

    I would warn you.. Abel appears to be incapable of understanding the same.

  15. Abel says,

    “Funnier even yet, President Obama is doing everything he said he would do. I hope he continues because it just makes you all look like foolish clowns.”

    So who’s the clown?

    Abel, why haven’t you responded to my prior posts on this subject (March 11 and Feb 16); about your “magnificent” President and his “honorable” and “ethical” qualities??

    And he is doing everything he said he would do?????

    —————————————————————————
    On Mar 11, you suggested,
    “Because the Private Sector failed to be honorable, ethical and lawful, the public sector will now regulate and oversee everything the private sector does.”

    And I responded,

    Yes, and the O-man is so honorable,

    Obama said,

    “The statements that Rev. Wright made that are the cause of this controversy were not statements I personally heard him preach while I sat in the pews of Trinity or heard him utter in private conversation.”
    Barrack Obama – Huffington Post 3/14/2008

    “Did I know him to be an occasionally fierce critic of American domestic and foreign policy? Of course. Did I ever hear him make remarks that could be considered controversial while I sat in church? Yes.”
    MSNBC text of Obama speech 3/18/2008

    Oh, statements but four days apart and 180 degrees in oppostition to one another? What’s up with that?

    And perhaps, Abel, you can also comment on the Obama’s prohibition against lobbyists in his Administration, while your at it. Certainly this demonstrated a refreshing new perspective on the part of Obama.

    And in 2007 the O-man is reputed to have said,
    “Obama’s unambiguous swipe at lobbyists in November 2007, while campaigning for the Democratic presidential nomination. “I don’t take a dime of their money,” he said, “and when I am president, they won’t find a job in my White House.”

    http://www.capecodonline.com/apps/pbcs.dll/article?AID=/20090203/NEWS11/90203004

    And how is that going? Oh sorry, no change. Darn missed on that one!! And now the number of lobbyists appointed to the administration is running at 20 and counting!

    So well, lets try the prohibition against earmarks. Veto of the proposed budget anyone?? Oh sorry, no change. Darn missed on that one too!!

    Change, you can count on?????????

    Yeah, trillions and counting!!

    —————————————————————————-

    Your prior silence has been deafening!!

    Done everything he said he would do?????

    Abel, been in the back county long?

  16. 1) Iff the MSM wants to use the term “Obama Stimulus” then they also have to use the term “Bush Recession”.

    2) It took 8 years to dig this hole we are in, the recovery will probably take a few YEARS to gain full momentum. Unfortunately the MSM as well as the American people, have little patience for true systemic change.

    3) It’s much easier to break things than it is to fix them, welcome to reality. This is why the Republican party in it’s current form should not be alowed anywhere near government.

  17. The Repubs have failed history by refusing to acknowledge that President Obama is historically correct by reminding us he inherited this economic fiasco.

    Yes most of us voted for change, but a lot of that change involves learning from our past mistakes, and President Obama is learning from the mistakes of Bush by saying he inherited Bush’s messes Did Boo$h acknowledge inheriting a longtime era of economic expansion? No, he continued to blame and demonize the Democrats instead of working to maintain that economic expansion, and he darn near drove us into a depression.

    Blame is all the Repubs did for eight years, and they’ve refused to own up to it, which is why Lew and the rest of the Repugs are getting their panties in a wad being called out on it. There is no “moving on” from the misdeeds of Bush, especially since their effects will be with us for decades to come.

  18. We had no problem with billions being spent to fight a war because wars cannot be fought cheaply or exported to the private sector the way that many of the idiot things that government tries to do can be. You cannot privitize developing the F22 or cut spending in medical supplies although both solutions CAN be applied to most of the areas that Obama is trying to increase spending to irresponsible levels. Granted, Bush did some idiotic spending things with the eager help of the Democrats but in doing so, he was just displaying his weakness and following the Democrats on their spending folly.

    The economy remains in freefall (with Obama attaching weights to it) and every day, he makes the conservative message all the more convincing with his demonstration, by example, of why it’s always unwise to allow a liberal Democrat to get access to large amounts of money and power. I encourage him to continue and am looking forward to another 1994 if he does.

  19. Actually, it took 32 years with Democrats leading the way and successfully convincing the guillible that it was the Republicans who were at fault for what Democrats were doing.

    Indeed, the current Republican Party is manifestly unable and unworthy. They need to eject the weak moderate notions and THEN they’ll be in a position to undo the damage the Democrats are doing… at a frantic pace, I might add, because they are well aware of the fact that they have less than 2 years before the American people might wake up to their recklessness and put a stop to it. This is why they’re demanding immediate action–they have to do their worst before an election can stop them.

  20. Bush inherited the Clinton recession and managed to stumble through turning it around. Whereupon Democrat policies came to fruition again (aided by the fact that Bush led his party into being too weak to opposed mindless feel-good measures) and Obama got a recession out of the deal which he is doing his best to turn into a depression. After all, the last Depression totally revived the Democrats’ tarnished star and allowed them unlimited power to impose their fantasy notions of government on the US.

  21. Hard Cheese said, “It’s much easier to break things than it is to fix them, welcome to reality.”

    Obviously, you haven’t been listening carefully to the O-man. It apparently has taken only a month for things to get better. Imagine that!

    Early Feb, MSNBC reported that Obama implored Congress to take action, saying the nation can’t afford to wait.

    On March 12 AP reports that Obama says,

    “Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They’re not as bad as we think they are now.”

    So now it is a good thing the O-man got his Stimulus Bill passed! Rahm Emanuel told the WSJ in November, “You never want a serious crisis to go to waste”. Apparently, Obama got the leverage he needed to pass the Stimulus Bill from his far more grave early February assessment.

    But now that we know things are “not as bad as we think”, we will be able to refer to this as the Obama Deficit Package!!

  22. “Interesting statements coming from those who were able to ignore the facts for 8 years.”

    It constantly amazes me how the Obama supporters spout this line.

    So Iago.. Did it slip your mind that for two years of the eight.. Democrats controlled the congress?

    If your claiming that Bush 43 had all that power for EIGHT years.. then for TWO of of those years, your Democratic budies helped him.

    I had my own issues with President Bush on his stance on Immigration and even part of his Economic policies.

    But I KNOW that even Obama is not the total problem now.. Nor was Bush. The Representatives and the Senators of this nation have been part of the REAL problem with run a way government spending for YEARS.

    Obama on the campaign trail stated that he would not allow earmarks on the spending bills. This week he signed the budget and spoke about the 9,000 earmarks.. and approved each and every one. So he is just like every other politican..

    Ideological supporters like you do not seem to care if our budget is overblown and full of pork like spending. But I do, whether it be from a Republican President or a Democratic one.

  23. Remember that the Decider sent 2 rounds of checks out specifically to stimulate the economy because the economy was in a recession in December 2007. There were no Republicans yelling bloody murder when GW was giving away cash.

    In September McCain suspended his campaign to deal with the economic disaster. Thus it was already a dire situation….5 months before obama was even sworn in. How quickly some people forget!

    Isn’t it pathetic how they can ignore all factual evidence and retreat into their bunker of denial? Republicans are always insisting that others be responsible for their own lives and actions and yet they never accept their own responsibilities.

    Republican means never having to say you’re sorry. Cuz they never are.

  24. And still, no comment from any of the trolls on Obama’s quick turn around on how severe everything is, but wait, it isn’t so bad now stance.

    Just more smoke screen.

  25. Actually I was screaming at the so called Stimulus Checks. But I remember Nancy Pelosi speaking in favor of them also.. and she dose NOT have a R by her title.

    The Economy was in trouble soon after the first few months of 2007. The Fall of Bear Stearns occured in September.

    But you can keep on screaming that the Republicans are at fault.. becaues the media was feeding us the great Campaign news in September when the economy was breaking down.

    It was the CAMPAIGN that led the headlines and the economy in trouble fueled the retoric for it.

    No matter what Congress did or the President did. .it was not good enough for the Obama supporters..

    Now, Obama took office.. He demanded a emergency “economic stimulus” package NOW.. and it was full of pork.. It was voted in.. the Thursday before, and Obama took his wife to Chicago for Valintines day. He then came back and waited three legislative days before signing it.

    So being Democrat means having to say your sorry either. Because they are two arragant too.

  26. This administration is trying to use semantics to accomplish thier goal. By saying “stimulus” as in what George Bush sent out, “stimulus checks”. So he now calls this wild spending a “stimulus” package.

    Just how this helps us?? It doesn’t.

    “They need to eject the weak moderate notions and THEN they’ll be in a position to undo the damage the Democrats are doing… at a frantic pace, I might add, because they are well aware of the fact that they have less than 2 years before the American people might wake up to their recklessness and put a stop to it.”

    I agree 100%.

  27. Iago,

    ON Feb 9, in Elkhart, Ind., President Obama said,

    “The situation we face could not be more serious,” Obama told a town hall-style meeting at Concord High School. “We have inherited an economic crisis as deep and as dire as any since the Great Depression.”

    He went on to say,

    “Recovery will likely be measured in years, not weeks or months,” Obama said.

    On March 12 AP reports that Obama says,

    “Things two years ago were not as good as we thought because there were a lot of underlying weaknesses in the economy. They’re not as bad as we think they are now.”

    So which is it, the worst economic situation in 80 yrs — one that will take yrs to change or an economic situation that is “…not as bad as we think…”??

    Perhaps the clearest explanation is that the big O and his Treasury Secretary Geithner really don’t have a clue!!

  28. Typical neocon thinking-no knowledge or interest in the facts, No concern for the country-just find a way to blame the opposition. The classic example: the botched response to Katrina. While the coast was drowning and burning and everyone in the government was squabbling about who was in charge and of what, the Bush team’s first and most pressing concern was How To Blame The Democrats. This was their response to every catastrophe that occurred under their watch, which gives us a pretty good take on their priorities.

  29. Taylor, Taylor, Taylor, even a neo-com isn’t that ignorant, usually. You try to obfuscate again by throwing daggers at Bush over Hurricane Katrina, ignoring that a Democrat mayor and Democrat Governor have first responsibility and that no president, not even a Democrat legally can just step in and take over in any state. They must be requested by the governor, unless they declare martial Law.

    Had Bush done that, you neo-coms would be crying that he usurped the authority of the Democrat Governor.

    So, who is actually looking for any and ever yway to blame the opposition? That’s all you neo-coms did for 8 years, even when your fellow neo-coms seized congressional power for the last 2 years.

    And, just like other neo-com trolls, you have nothing at all to say about homey changing his tune so fast.

    His rapid flip-flop meakes me wonder about his call for a “crisis in healthcare” too. Another scare tactic to get his way? Or the run-up to a tantrum?

  30. Well, Taylor, it’s really easy to blame the Democrats when it’s their fault sort of like it’s easy to lay blame for a broken nose on the person who punched you in the face. On the first level, the mayor of New Orleans was an incompetant who didn’t think that big vehicles designed to transport alot of people at once might be used to evacuate people. On the second level, the governor of Louisianna was an incompetant who didn’t think of kicking the mayor’s butt into doing something intelligent and took her sweet time about using the national guard (which is under her direct control) to quickly get a handle on the situation. On a third level, it didn’t occur to the Lousianna legislature to demand that the levees around a city below sea level be brought up to code (which is the fault of any party that has ever controlled the state legislature and the governor’s office at the same time). After you get through the many levels upon which it was the fault of forces in the state, then you might be able to start laying blame on Bush. The fact is, however, that if the local authorities weren’t helpless dolts, the federal government wouldn’t have been so desperately needed. All you need to do is contrast the dimwits in Lousianna with Mississippi and Florida (whose state authorities had enough sense to prepare before the storms hit) to see why Bush had little to nothing to do with the debacle in Louisianna.

    Now, having disposed of your idiotic example, we can move on to your other drone-speak about how conservatives (neo-cons presently and have always constituted 5 people total) having no knoweldge of the facts which is such hogwash that it doesn’t deserve a response beyond a derisive snicker. The facts are that the Democrats with Obama’s blessing are attempting to improve the country’s finances by spending about a quarter of the country’s entire GDP on their crackpot schemes. We don’t even need to TRY to blame the opposition for doing this–they proudly and freely admit that they’re spending at a level of jaw-dropping recklessness. Any more dippy commentary you wish to put forth?

  31. Hey Scottiebill, you’ve now alleged – twice – that Obama has spent $1 billion per minute since he entered office. (And that’s just on this forum. According to Google, you’ve made the same allegation on other forums). But there’s just one itsy, bitsy, tiny little problem with your claim: It is so absurdly false, that one has to surmise you flunked third-grade math to even think such a thing possible.

    $1 billion per minute is $1.4 TRILLION dollars per day! Yes, that WOULD be outrageous! Luckily for us though, it’s just a fairy-tale you concocted for God-knows-what reason. I suppose the “Kommissar” and “USSA” comments could have pegged you for being the average right-wing dolt. But you felt compelled to leave no doubt as to your mental failings by presenting us with a claim so absurd and assinine, one has to wonder why you even bother.

    And how ironic that you actually referred to OTHER people as “deluded” and “incompetent”, in the very posts where you show an extreme level of delusion by actually thinking Obama might have spent $1 billion/minute.

    And you guys wonder how come right-wingers aren’t taken seriously today? Gee, I wonder why!

  32. Actually, Stevie, the reason right-wingers aren’t taken seriously is that people are told not to take them seriously and never bother to investigate.

    That said, Scottiebill, his math is correct: 1 billion dollars per minute is $1.44 trillion per day which means that you’re essentially claiming that Obama has spent an average of $76.32 trillion since he got into office, a figure that is as wildly absurd as most of the dumb things “Me” and his crowd spew. I imagine you must have meant $1 billion per hour since that yields an approximate figure of $1.272 trillion, a figure that is more in the ballpark of the level of reckless spending that the Democrats have pushed on us. $1.3 trillion might be a ways away from 3-4 trillion (which I believe is the more accurate figure) but it’s vastly closer than 76.

  33. Taylor I am sure you have heard that the problem with New Orleans was Bush’s fault. Why? Well, because he created the hurricane named Katrina. Bush orchestrated two airplane crashes bringing down the twin towers, with strategically place dynamite so that the buildings would crash. Just ask Tom Cruise or Rosie Odonnel. Yeah. The economy was sooo bad back then, all Bush’s fault. When I lost my dentures, well you know whose fault that was too.

    We gots Borak Obomba now.