Can’t see the vid? Read the text of the press conference instead.

Did you watch the news conference? Yeah, he was long winded at times. But isn’t that better than short, meaningless sound bites we usually get from politicians? Ignoring how he said it, what did you think about what he said? Do you agree with him? Still glad you voted for him (or didn’t)?

Agree or disagree, like or dislike, at least we have back in the White House someone who is smarter than a fifth grader. Refreshing!




  1. US says:

    “Agree or disagree, like or dislike, at least we have back in the White House someone who is smarter than a fifth grader. Refreshing!”

    How long do we have to hear this crap? JCD gets a bunch of grief for his Obama picture earlier, but we still have to read these stupid comments.

  2. Dallas says:

    Great but a bit too analytical for the majority of dumb Americans. Bush has so dumbed down the process that it was a bit shocking to get so much disclosure and transparency but I liked it.

    The one dumb conservative news guy asking about Alex Rodriguez? Oh brother. Obama should have snapped back and said ” WTF are you talking about? Who gives a shot?”.

    Obama really hit home that the republicans in Congress are just speed bumps to progress. Still sore on losing the elections and being emasculated. Their idea to do NOTHING is exactly not surprising. They have lots of experience doing nothing.

  3. Paddy-O says:

    Articulate, yes. Any new data? The only new thing I heard was his misunderstanding of the Japanese economy and the actions that were taken by the gov’t there…

  4. smartalix says:

    paddy-o,

    please explain Obama’s errors about the Japanese economy.

    It is very nice to have an adult in the oval office.

    Paddy-o, you get a lot of shit from people here, but I will give you one more chance to demontrate you are more than a disingenuous ass. Please explain exactly what you disliked about Obama’s positions and policies, and I will be more than happy to discuss them with you.

    Frankly, I loved every second of the conference. Long-winded to me means talking a lot withoug saying anything. Obama’s answers were extremely well thought out and completely explained with a minimum of bullshit. I enjoyed watching him answer the press questions with sincerity and depth while looking at the person who asked the questions. What a breath of fresh air.

  5. bartholo says:

    I can predict with some certainty the press conference – along with any other move towards progress and transparency in government – will meet with the usual vocal minority of losers who trudged down the path to ignominy behind McCain a few months back.

    The hilarious part is idiots who still stand around and declaim that the New Deal is (was) never going to work. Birdbrains who read no history or economics – fully confident hard times will never affect them and screw everyone else.

    I sincerely hope they retain control of the Republican Party. They deserve each other.

  6. Olo Baggins of Bywater says:

    US asks: How long do we have to hear this crap?

    Hopefully we’ll keep hearing “that crap” until Palin runs again, lest the R’s forget what you get with stupid ideologues who happen to be spawn of former presidents.

  7. GigG says:

    I counted 8 times he talked around the question and didn’t answer the question. Pretty much your average political BS.

    I’m not saying he is going to be a bad President but he isn’t the second coming and he is going to get away with a lot of crap because the press is way too busy having Obamagasms.

  8. TThor says:

    Absolutely. I completely agree. Refreshing because he took time to trails of thought as well as deliberation and built the argument. Intelligent reasoning simply. Agree or disagree, it is good to hear reflection at work compared to the previous loose cannon. And – I blieve the guy, he really means what he say. However, he is in for a tough ride, believing old remedies will work now. It won’t. He has inherited lousy economic policies from 1971 – the snowplow has built up an avalanche and it is all coming down. The sooner he realize he needs to fix what is wrong, the better for us all. Lipstick on a pig is not enough. Your latest conversation with Horowitz gave hints of proof of that. In the meanwhile the rest of us are just watching in awe and amazement, not believing that it all coming down. And this will be cruel. In addition, all the paper money will make Zimbabwe look like a Swiss economy.
    I hope for the sake of us all that he can make a difference, with necessary CHANGE though I really don’t see how with the politics he is heralding. Someone should bless us; and we should brace for impact………..

  9. smartalix says:

    10,

    Eight should be easy to list here. Let’s her the questions he talked around. Or are you just trolling?

  10. Grandpa says:

    It would be nice if he would act more like a Democrat and less like a Republican. Compromising with the people that made this mess is like compromising with how many of us will be left homeless and without work. Why doesn’t he say it like it is, if you don’t vote for this the people will vote you out! Then when the next elections happen, make sure all the voters are educated on why they are where they are. All I see so far is a half and half compromising wimp.

  11. Paddy-O says:

    # 4 smartalix said, “please explain Obama’s errors about the Japanese economy.”

    Look up the Japanese governmental actions to “stimulate” the Japanese economy in the 90’s. Look at the actual result, listen again to what Omama said about it.

    Is that clear enough for you?

  12. spt87 says:

    Fine, he SOUNDS smarter than a fifth grader. But he is pushing ideas that anyone who has studied history know are completely crazy. Keynesian economics as practiced by Herbert Hoover and FDR CAUSED the great depression. Now we have a repeat in the form of Bush and Obama.

    This government needs to cut it’s debt, stop printing money and devaluing our dollar and follow the constitution as far as the limits of federal government jurisdiction.

    Go look up Glen Becks video on the money supply and how it has skyrocketed in the past year. Scary for our future.

  13. Mr. Fusion says:

    #14, Cow-Patty,

    Are you making another claim you can’t back up? You look it up. Obama was quite correct in his assessment.

  14. Mr. Fusion says:

    #9, Ah Yea,

    blah blah blah,

    I don’t see any links or citations to back up your “quote”.

  15. Canada says:

    You get what you pay for
    Buyer beware
    The pattern was well in place with Obama
    A political animal who could speak well and ignore any of the shortcomings of anyone who could help him in his quests
    All thought that he was centrist who would come to his senses when elected
    Guess not
    Its a political agenda of the leftists that takes charge – no matter what the inevitable cost or costs
    Look to Canada as a good example of what is to come
    It was all there to begin with plain as mud to begin with

  16. Ah_Yea says:

    Let’s help smartalix a bit.

    ‘Conservative critics like the Wall Street Journal’s editorial board have been using Japan’s experience as evidence to be wary of stimulus packages altogether. In an editorial last month entitled “Barack Obama-san,” the Journal listed all of Japan’s stimulus attempts, and then intoned: “Not to spoil the party, but [stimulus spending] is not a new idea…How do you say ‘good luck’ in Japanese?”‘

    “Another lesson: Don’t forget that the main problem in the United States right now lies with the financial sector. And you can’t necessarily spend your way out of that.

    ‘If you haven’t fixed the core problem that started it all, which is the real cleaning up of balance sheets in the financial industry, it’s gonna get you nowhere,” says Carmen Reinhart, professor of economics at the University of Maryland.

    This means Obama needs to maintain focus on the Troubled Asset Relief Program, or TARP, even as he launches an ambitious stimulus package. “As long as the finance industry is mired in this overhang of bad debt, we’re not going to get normal lending,” says Reinhart. “And if you don’t have normal lending, many segments of the economy are paralyzed.”‘
    http://tinyurl.com/money-cnn-com

    Obama’s plan was written by Nance Pelosi and Harry Reid, so what do you expect?

    Just because Obama is a great presenter with his heart and intentions in the right place, does that automatically make what he says and does right and good?

  17. Paddy-O says:

    The only problem with Obama’s plan is that it addresses symptoms and not the situation that caused the symptoms.

    I don’t blame him as he has no experience as an executive and/or data analysis. Having a law degree is great for writing legislation that will stand up but has nothing to do with problem solving.

  18. Mr. Fusion says:

    #19, Ah Yea,

    Still don’t have a plan? Still don’t understand what Japan did? Still prefer the policies that failed us so miserably over the last eight years?

  19. smartalix says:

    paddy, Ah_yeah may not be highly opinoinated, but at least he explains his positions. You just blather a lot.

    So, Ah_yeah. I read the criticisms, and note that they are all conservative voices. Frankly, the conservatives had their shoit with the economy, and I agree with the President that we must re-invigorate the economy, and many economists agree that infrastructure spending does just that.

  20. tcc3 says:

    You both have a point, but its not the whole picture. Fixing the system is a long term complicated prospect. TARP and the stimulus is the 1st step. The lesson to be learned from 90’s Japan was 2 fold – Doing nothing and riding it out doenst work. Throwing money at the problem doesn’t work by itself without reform of the system. This is step one to stabilize the problem short term.

  21. Named says:

    All…

    A great visual guide to the debt problem… Espeically the little tiny “injection” at the end…

    http://guardian.co.uk/business/dan-roberts-on-business-blog/interactive/2009/jan/29/financial-pyramid

    [Please drop the WWW from URLs as WordPress doesn’t display it properly… plus it’s unnecessary. – ed.]

  22. smartalix says:

    Throwing money at the problem doesn’t work by itself without reform of the system.

  23. Paddy-O says:

    # 22 smartalix said, “paddy, Ah_yeah may not be highly opinoinated, but at least he explains his positions.”

    That’s because Ah_yeah is very patient with those who lack any education. I assume in my posts that readers have at least a 6th grade education so I don’t explain the obvious nor link commonly known data.

    Example: Politician A says, “A sphere has 8 plane surfaces.” I may post something like, “Can you believe how stupid Politician A is?”

    Now, your reply to that post would probably be: “Explain why you think Politician A is stupid and where are your links to why his statement is stupid.”

    Need I say more?

  24. Mr. Fusion says:

    #26, Cow-Paddy,

    Need I say more?

    Yes. Simply because you like to invent shit. Your reputation is well known. And it ain’t purdy.

  25. Olo Baggins of Bywater says:

    Example: Politician A says, “A sphere has 8 plane surfaces.” I may post something like, “Can you believe how stupid Politician A is?”

    –snip—

    Need I say more?

    Please don’t, because what you’ve done is just described the classic troll.

  26. LibertyLover says:

    Re: Japan

    Franklin D. Roosevelt was elected President of the United States in 1932 with the mandate to get the country of the Depression. In the end, his more effective actions were the same ones Japan needs to take — namely rehabilitation of the banking system and devaluation of the currency.

    Ben Bernake, 1995

    DEVALUATION OF THE CURRENCY?!?!?!

    This is the same guy who is advising Obama. We are in deep sh*t.

    Anybody on this board who thinks that devaluing the currency is a good thing is insane.

    Here is a short but accurate picture of Japan’s problems:

    http://tinyurl.com/bqlkgm

    Conclusion for those who don’t know how to click:

    What Can We Learn from Japanese Crisis?

    * Cutting interest rates and higher government spending are not guaranteed to kick start an economy if structural problems remain.
    * Asset booms and busts can be very destabilizing. But, people and governments tend to ignore them. It is easy to convince ourselves in our case it is not a bubble.
    * Government support for ailing firms often only prolongs the agony.

  27. Mr. Fusion says:

    Alright, the effen “spam” filter ate my post. Let’s break it into pieces.

    *

    Michael Darby exposed the wing nut theory that the New Deal did not help America out of the depression.

    If the New Deal actually extended the Great Depression, we might wonder, why was Roosevelt reelected three times?
    http://tinyurl.com/ct5dts

    Marshal Auerback wrote:

    The government hired about 60 per cent of the unemployed in public works and conservation projects that planted a billion trees, saved the whooping crane, modernized rural America, and built such diverse projects as the Cathedral of Learning in Pittsburgh, the Montana state capitol, much of the Chicago lakefront, New York’s Lincoln Tunnel and Triborough Bridge complex, the Tennessee Valley Authority and the aircraft carriers Enterprise and Yorktown.

    It also built or renovated 2,500 hospitals, 45,000 schools, 13,000 parks and playgrounds, 7,800 bridges, 700,000 miles of roads, and a thousand airfields. And it employed 50,000 teachers, rebuilt the country’s entire rural school system, and hired 3,000 writers, musicians, sculptors and painters, including Willem de Kooning and Jackson Pollock.

    http://tinyurl.com/baqqlm

  28. Mr. Fusion says:

    Then there is Paul Krugman, winner of the Nobel Prize in Economics

    Krugman said in an interview with ABC News. “Government spending is the only surefire way to create employment.”

    When asked what he would spend the money on, Krugman said it’s not up to him to name specific projects but that they should quickly create jobs and create a lasting improvement in the economy.
    “I’ve been impressed with people who are talking about upgrading the rail system for freight,” Krugman said. “Freight rail is a success which is hindered by small but extreme bottlenecks. So that’s an example of a kind of project that would spend money but also provide a lot of long-term benefits to the economy.

  29. Paddy-O says:

    # 28 Olo Baggins of Bywater said, “Please don’t, because what you’ve done is just described the classic troll.”

    Which is why I try not to respond to question from smartalix.

  30. Named says:

    31, 31,

    Naturally, all these Milton Freedman adherents don’t see the value of government except as a means to eliminate civilisation and Pinochet tried to do in Chilean under the “Chicago Boys”. Alan Greenspan admits that his methodology of loosening credit “broke” and that he was wrong.
    Keynes was always right though… Unfortunately, Keynes makes slow wealth, but healthy socities. Case in point, every single instance of your examples would never be undertaken by a for-profit enterprise since the return on investment would be way too long. Just look at sports stadiums. If the taxpayers don’t build the stadium, the owners just pack up and leave.


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