Pr. Obama: Jobs, Economy, Slipping American Competitiveness

[NJmaverick]

Run time: 06:16 https://www.youtube.com/watch?v=vgD2mT68oVA   Posted on YouTube: January 08, 2010 By YouTube Member: Views on YouTube: 0   Posted on DU: January 08, 2010 By DU Member: NJmaverick Views on DU: 836

 

[youngharry]

1. Putting the Economy in Danger

Obama can wax on about putting the economy in danger, yet by his backroom deals with Big Pharma , the Healthcare Industries , Banksters and the sweetheart deals his people did with Wall Street has done more damage than anything thing else to our economy. The combination of all those deals that benefited the Corporations, has knocked the American people into a depression. No one wants to use that term, but we ARE IN A DEPRESSION, not a RECESSION.

I guess the bubble created by Rahm Emanual, Geithner, Summers around Obama, indicatesthat he either doesn't understand, or doesn't care, how complicit he is in the worsening economy. They think the American people will forgive and forget the betrayal we have suffered under Obama by 2012. We will not--EVER

[youngharry]

2. Putting the Economy in Danger

Obama can wax on about putting the economy in danger, yet by his backroom deals with Big Pharma , the Healthcare Industries , Banksters and the sweetheart deals his people did with Wall Street has done more damage than anything thing else to our economy. The combination of all those deals that benefited the Corporations, has knocked the American people into a depression. No one wants to use that term, but we ARE IN A DEPRESSION, not a RECESSION.

I guess the bubble created by Rahm Emanual, Geithner, Summers around Obama, indicates that he either doesn't understand, or doesn't care, how complicit he is in the worsening economy. They think the American people will forgive and forget the betrayal we have suffered under Obama by 2012. We will not--EVER FORGET.

[lyonspotter]

3. Bring it! Good rant! Well spoken! NT!

[NJmaverick]

9. You don't understand Economics, do you?

[lib2DaBone]

4. Now I am sure.. Mr. Obama does not see how desperate Americans are...

$2.3 Billion in Tax Credits... well, that's nice... but it's a drop in the bucket. We need 30 million new jobs (yesterday) just to be at full employment. And we need a minimum wage of at least $15 an hour to stop foreclosures and allow people to buy food.

Mr. Obama wants jobs that can't be shipped to China. Well, Mr. Obama, who is in a position to make that happen? Me, Joe six-pac down the street, my grandmother?

Mr. Obama talks like all we need to do is tweek a few things here and there.. and we will be back to cheap credit, cheap gasoline and happy motoring. IT AIN"T GONNA HAPPEN.

I don't think Mr. Obama is aware that people are sleeping under bridges, and senior citizens are freezing to death at this very minute. Seniors found frozen, sitting in their living room, because the utilities have been turned off. And instead, you choose to send 30,000 more troops to Afghanistan , rather than give them a Lousy 3% increase on their SS.

This is the coldest, darkest winter I can remember (in my lifetime). I am not afraid of terrorists. I am afraid of our leaders in Washington and the failed economic policy they impose on us.

[RBInMaine]

6. Piss and moan piss and moan...does it ever freakin end? The man just laid out a good plan to inject

billions into the manufacturing of clean technologies and create some much needed jobs (this along with a much larger new jobs stimulus) and you complain about it? This is a start. It moves in the right direction in the jobs-of-the-future sector. He inherited the worst recession since the Great Depression, and he is god damn well working hard to improve things. "Progressives" are supposed to just love the environment and green technologies. And you stand there and bemoan this initiative, and even though it is just one piece of a much larger pending jobs stimulus? What is Christ's name WOULD make you happy? A magician?

[fasttense]

11. You think that when we point out the dismal reality of this economy

we are merely whining. We hate President Obama, and we want the Democratic congress to fail.

But that is not the case. We point out the problems because if you don't see them, you can't fix them. Going around being cherry and thinking positively when the crap hits the fan, does nothing to solve the problem.

I really, really like President Obama. But I suspect he has been co-opted by big finance and huge corporations. Yet, I think he is smart enough to eventually see it. So, if we continue to point out how ineffective these minor tweaks to the economy are, perhaps he will learn more quickly.

On the other hand, if we are all cherry and rosy, never complain or criticize, will any change happen?

Aside from that, didn't President Obama look really sad and reluctant while he spoke? He kept moving from foot to foot as if he wanted to get away quickly. He had a grimace on his face and at times it looked almost like a snarl. He seemed to NOT believe his own words. And he rushed out of there without his usual affability. Something is going on.

[JDPriestly]

5. This is a small move in the right direction.

It may be too little to late, but -- we just have to encourage the President to do more and more to promote energy independence.

Newton, Iowa is where they used to make Maytag washers. If their wind turbines are half as good as the Maytag washers from Newton were, we are on our way toward a much rosier future.

I support the President on this initiative and hope that it will just be the first of many.

This is what I have been waiting for. The rest is just a waste of time.

Our future, discouraging the terrorists, improving our economy, our environment, even the quality of our education and our lives, everything depends on whether we can achieve energy independence. And this is a step in that direction.

I just have to repeat that this is exciting news even though the program is much too small.

We need similar programs for solar energy.
Wind energy for some areas of the country. Solar energy for others. And a modernized grid that can handle energy input from various sources so that we can all work together. That is my dream.

[RBInMaine]

7. I like everything you said, but it is NOT "too little too late." It is one piece, as he said, of a

much larger new jobs stimulus. He inherited the worst economic situation since the Great Depression. Did FDR change the world overnight? No damn way. It took years to even make a dent, and a world war to truly take us out of that national nightmare. Give the man some god damn time. It will take a long time to work out of this mess, thanks to the RePUKES.

[JDPriestly]

8. We should have been doing this back in 1980.

Instead, we got Reagan and the Bushes. Clinton didn't do much to turn off the spigots on foreign oil. So, I really mean too little too late.

I would have liked to have seen Obama begin his administration with this initiative.

Energy independence is the key to everything else for us.

[fasttense]

10. Tax credits isn't that special.

Let's see how tax credits work. If you got lots and lots of money you can get that small percentage that the gubermint takes away back. But if you have little money, that small percentage is so little to be almost nonexistence. Tax credits help the big corporations and big companies. It does little for small firms and businesses.

If tax cuts and credits really worked we would be out of the 2nd Republicon Great Depression by now. Didn't we in the middle class get a tax cut in that last stimulus package? Are you better off now? How about all those gigantic tax cuts for the uber wealthy that Raygun and the bushes gave out? Why didn't that stop this depression from ever happening?

Tax Credits are a drop in the bucket. Even if a green manufacturing firm gets a tax credit what will keep it from moving to China, or India? The nonexistent Buy America laws? There is also a tax credit for corporations that send our jobs to China and India. So a corporation could get both of those so, so useful tax credits and the 2nd Republicon Great Depression will be just a memory.

Did you notice how unhappy President Obama looked? He seemed to be almost ashamed of what he said. This is not going to work and he knows it.