Comments on: Obama Introduces Economic Team

Calls For Stimulus Package "Right Away" As Tim Geithner Is Announced As His Treasury Secretary Pick

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by nanc12 November 25, 2008 2:11 AM EST
Oh really? Well, frankly I''''ll believe he wasn''''t born in Kenya when and IF he presents his birth documents and his citizenship documents to the Supreme Court on December 1st...

Posted by Rowdydfw

The justices might just want to go to http://www.factcheck.org/elections-2008/born_in_the_usa.html.
They say their ''staffers have now seen, touched, examined and photographed the original birth certificate. We conclude that it meets all of the requirements from the State Department for proving U.S. citizenship. Claims that the document lacks a raised seal or a signature are false. We have posted high-resolution photographs of the document as "supporting documents" to this article. Our conclusion: Obama was born in the U.S.A. just as he has always said.

Update, Nov. 1: The director of Hawaii%u2019s Department of Health confirmed Oct. 31 that Obama was born in Honolulu.

Analysis
Update Nov. 1: The Associated Press quoted Chiyome ****** as saying that both she and the registrar of vital statistics, Alvin Onaka, have personally verified that the health department holds Obama''s original birth certificate.

The site I referenced has photos of the seal on the back of the document, where Hawaii always puts the seal. Give it up.


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by nanc12 November 25, 2008 1:55 AM EST
Obama was born in Kenya and is not a Natural Born Citizen, nor is he Naturalized.
Posted by ChloeMont

You might want to go back to Roswell, or maybe try to prove that the moon landing was taped on a Hollywood sound stage.
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by sandy19731 November 25, 2008 1:55 AM EST
Obama was born in Kenya and is not a Natural Born Citizen, nor is he Naturalized. This is the biggest joke and hoodwink since Hitler was bankrolled to carryout his plan........ we all know what happened there.

Posted by ChloeMont at 10:34 PM : Nov 24, 2008
+ report abuse

Wow, you''re smarter than the FBI, CIA, NSA, and the Secret Service. Who are you?
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by chloemontague November 25, 2008 1:34 AM EST
Obama was born in Kenya and is not a Natural Born Citizen, nor is he Naturalized. This is the biggest joke and hoodwink since Hitler was bankrolled to carryout his plan........ we all know what happened there.
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by caco58 November 25, 2008 1:32 AM EST
Here''s your change:

Secretary of Health and Human Services: Tom Daschle, 60, former Senate Democratic leader

Senior adviser: David Axelrod, 53, Obama''s campaign strategist

Senior adviser: Valerie Jarrett, 52, Chicago business-woman

White House counsel: Greg Craig, 63, former counsel to Bill Clinton

Chief of staff: Rahm Emanuel, 49, Political director under Bill Clinton

Political director: Patrick Gaspard, 41, a New York labour official

White House press secretary: Robert Gibbs, 37, political consultant

Vice President''s chief of staff: Ron Klain, 31, former chief of staff of vice president Al Gore

Confirmed by sources pending vetting and formal announcement:

Secretary of State: Hillary Clinton, 61

Treasury Secretary: Timothy Geithner, 47

National Security Adviser: James Jones, 64

Attorney General: Eric Holder, 57

Head of Homeland Security: Janet Napolitano, 50

Commerce Department Secretary: Bill Richardson, 61
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by sw01fl November 25, 2008 1:24 AM EST
I have read through all the comments here and come out of this experience with the following.
1. I see little maturity.

2. Do Not see any creative suggestions.

3. Lack of focus on the future.

4. We need to find new less painful ways to help finance new projects to rebuild a new smart electric grid, new bridges, dams, levies, water and sewer, etc. etc. And to finally give our troups the equipment you think they have but don''t and the list goes on.

5. I see a total waste of energy and time in most of these posts. Please redirect your talents to creating ideas of better ways for us all to consider for our future.

How about using carbon credits to help pay for the proposed plan.

How about finding away to really use many of Telsa''a ideas that have not seen the light of day for 50 years as is also true of so many others like him.

Hope this leads to more productive posts with ideas for our future and stop living in the past. We need to change and do this now or you will not have a future. They may go with the depopulation Plan..

********** More War ************
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by caco58 November 25, 2008 1:21 AM EST
Mr. Obama said that recent news "has made it even more clear that we are facing an economic crisis of historic proportions." Offering a grim prediction, he added, "Most experts now believe that we could lose millions of jobs next year."

"The economy is likely to get worse before it gets better," he said in a downbeat forecast, delivered as Americans head into the year-end holiday season.

Thanks for the words of encouragement, boss.
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by jschmidt27 November 25, 2008 1:19 AM EST
http://www.telegraph.co.uk/finance/financetopics/budget/3513516/Pre-Budget-report-National-Insurance-rise-adds-to-high-earners-woes.html
In UK those making over equivalent of $150k may be paying 60% in taxes. Is that where we will be heading in an Obama admin?
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by jowand November 25, 2008 12:30 AM EST
What is this lie word? Everyone sat here and called him arrogant for even wanting to consider it, then when he decides to listen he lied?? OMG so everytime to change your mind your a liar right? Give me a break

Posted by DJ_IL at 09:08 PM : Nov 24, 2008

He still lied.
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by jowand November 24, 2008 11:59 PM EST
Um he kinda announced he was not doing that. But I guess you missed that?


Posted by DJ_IL at 08:53 PM : Nov 24, 2008

So you''re saying he lied, off to a good start EH!
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by toolmangler-2009 November 24, 2008 11:48 PM EST
What''''s the difference between Bush''''s TAX CUT and Obama''''s TAX RAISE?
Posted by Demdump at 08:22 PM : Nov 24, 2008



You will find out if you ''net'' over $250k per year.
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by demdump November 24, 2008 11:40 PM EST
Demdump

Didn''''t your candidate say he supported the deregulation''''s? Didn''''t John McCain also get money from Freddie and Fannie?

So whats your point sir

CHANGE ??????
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by demdump November 24, 2008 11:36 PM EST
Did it work? Minorities made up 49% of the 12.5 million new homeowners but many of those loans have gone bad and the minority homeownership rates are shrinking fast.

1999: New Treasury Secretary, Lawrence Summers, became alarmed at Fannie and Freddie''s excesses. Congress held hearings the ensuing year but nothing was done because Fannie and Freddie had donated millions to key congressmen and radical groups, ensuring no meaningful changes would take place. ''We manage our political risk with the same intensity that we manage our credit and interest rate risks,'' Fannie CEO Franklin Raines, a former Clinton official and current Barack Obama advisor, bragged to investors in 1999.

2000: Secretary Summers sent Undersecretary Gary Gensler to Congress seeking an end to the ''special status''. Democrats raised a ruckus as did Fannie and Freddie, headed by politically connected CEO''s who knew how to reward and punish. ''We think that the statements evidence a contempt for the nation''s housing and mortgage markets'' Freddie spokesperson Sharon McHale said. It was the last chance during the Clinton era for reform.

2001: Republicans try repeatedly to bring fiscal sanity to Fannie and Freddie but Democrats blocked any attempt at reform; especially Rep. Barney Frank and Sen.Chris Dodd who now run key banking committees and were huge beneficiaries of campaign contributions from the mortgage giants.

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by demdump November 24, 2008 11:35 PM EST
Obama has no mess yet


Posted by DJ_IL

Bill Clinton team minus Clinton....
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by demdump November 24, 2008 11:34 PM EST
1995: Congress, about to change from a Democrat majority to Republican, Clinton orders Robert Rubin''s Treasury Dept to rewrite the rules. Robt. Rubin''s Treasury reworked rules, forcing banks to satisfy quotas for sub-prime and minority loans to get a satisfactory CRA rating. The rating was key to expansion or mergers for banks. Loans began to be made on the basis of race and little else.

1997 - 1999: Clinton, bypassing Republicans, enlisted Andrew Cuomo, then Secretary of Housing and Urban Development, allowing Freddie and Fannie to get into the sub-prime market in a BIG way. Led by Rep. Barney Frank and Sen. Chris Dodd, congress doubled down on the risk by easing capital limits and allowing them to hold just 2.5% of capital to back their investments vs. 10% for banks. Since they could borrow at lower rates than banks their enterprises boomed.

With incentives in place, banks poured billions in loans into poor communities, often ''no doc'', ''no income'', requiring no money down and no verification of income. Worse still was the cronyism: Fannie and Freddie became home to out-of work-politicians, mostly Clinton Democrats. 384 politicians got big campaign donations from Fannie and Freddie. Over $200 million had been spent on lobbying and political activities. During the 1990''s Fannie and Freddie enjoyed a subsidy of as musch as $182 Billion, most of it going to principals and shareholders, not poor borrowers as claimed.

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by demdump November 24, 2008 11:33 PM EST
1977: Pres. Jimmy Carter signs the Community Reinvestment Act (CRA) into Law. The law pressured financial institutions to extend home loans to those who would otherwise not qualify. The Premise: Home ownership would improve poor and crime-ridden communities and neighborhoods in terms of crime, investment, jobs, etc.

Results: Statistics bear out that it did not help.

How did the government get so deeply involved in the housing market?

Answer: Bill Clinton wanted it that way.

1992: Republican representative Jim Leach (IA) warned of the danger that Fannie and Freddie were changing from being agencies of the public at large to money machines for the principals and the stockholding few.

1993: Clinton extensively rewrote Fannie Mae and Freddie Mac''s rules turning the quasi-private mortgage-funding firms into semi-nationalized monopolies dispensing cash and loans to large Democratic voting blocks and handing favors, jobs and contributions to political allies. This potent mix led inevitably to corruption and now the collapse of Freddie and Fannie.

1994: Despite warnings, Clinton unveiled his National Home-Ownership Strategy which broadened the CRA in ways congress never intended.

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by jowand November 24, 2008 11:31 PM EST
"After 2009 it will be a tax increase of about 2k per year under Obama if you make 50k per year combined income."....Commie propaganda. Where do you mental slugs come up with this junk?

Posted by Marshall65 at 08:28 PM : Nov 24, 2008

Bush'' tax cuts expire and tax rates go up for people making 50k per year to the tune of 2k per year. Demoncrats have said they will allow Bush'' tax cuts to expire and not renew them.
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by demdump November 24, 2008 11:30 PM EST
What''''''''s the difference between Bush''''''''s BAILOUT and Obama''''''''s BAIL OUT? ???????".............Simple, Bush is a large part of the reason we need a bailout, Obama is the driving force behind the solution to George''''s mess-how''''s that ''''braindump?

Posted by Marshall65

HEY:
What''s the difference between Bush''s MESS and Obama''s MESS...
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by jowand November 24, 2008 11:29 PM EST
"What''''''''s the difference between Bush''''''''s BAILOUT and Obama''''''''s BAIL OUT? ???????".............Simple, Bush is a large part of the reason we need a bailout, Obama is the driving force behind the solution to George''''s mess-how''''s that ''''brain-------------------------

Posted by Marshall65 at 08:26 PM : Nov 24, 2008

Not true, Clinton, Democrats, Dodd and Frank are to blame the most. They created and sustained the sub prime mortgage scam. Get the facts before posting your tripe.
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by demdump November 24, 2008 11:28 PM EST
Obama could delay any tax increase to 2011, when current Bush administration tax cuts expire.


HEY YOU DONT HAVE TO BE ANGRY AND CALL ME BRAINDUMP, MY NAME IS DEMDUMP...
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