Posted on 07/10/2011 2:19:05 PM PDT by John Semmens
With the US economy mired in high unemployment and soaring government deficits, President Barack Obama admitted “I might have misunderestimated the impact of the recession,” but insisted “no one else had any better ideas for how to proceed to a recovery.”
Hailing the reconstituted General Motors as an example, Obama suggested that “we could’ve been more aggressive in inserting government direction into more sectors of the economy. Fortunately, it’s not too late to pick up the pace of government oversight of business investments and operations.”
The president then blamed himself for “excessive deference to Congress. I was hoping everyone would pull together for the good of the country. Boy, was I naïve. Rather than follow my lead, too many of those guys were intent on making their own interpretations of what was legal or necessary.”
Obama said he is giving Congress “one last chance to cooperate, to play as a team. But I’m not going to wait forever. I have been advised that under the 14th Amendment to the Constitution I can unilaterally bypass Congress on this debt ceiling issue. According to this advice, Congressional refusal to allow increases in the debt constitutes an ‘insurrection or rebellion’ against my authority to deal with the economic crisis, which as Commander-in-Chief, I am empowered to suppress using whatever means I deem appropriate.”
read more...
http://azconserv1.wordpress.com/2011/07/09/president-admits-mistakes-on-economy/
The only mistake Obama has made is not wrecking the economy fast enough. He’s apologizing to George Soros.
And they gave Bush grief over the same sort of 'misspeak'???
but insisted “no one else had any better ideas for how to proceed to a recovery.”
If this was meant to be funny, it didn’t take long.
Mistakes? DID I READ THAT RIGHT?????
It was nothing short of willful, knowing mismanagement affirmed by his socialist backers. The “stimulus” was no more than moola for union backing. He even told us he (via executive fiat) that the coal/power/gas sectors were in his sights.
Of course cutting spending, regulations, job killing taxes and government growth are too complex ideas for the Einstein in the WH.
Yea right.
He was sent to destroy.
I can’t wait to see him go down the pike.
IOW, he's saying, " I was wrong and it's not too late for me to do more harm by being even more wrong."
Nice satire!
Yeah, that's what we need. Idiot.
The president then blamed himself for “excessive deference to Congress. I was hoping everyone would pull together for the good of the country. Boy, was I naïve. Rather than follow my lead, too many of those guys were intent on making their own interpretations of what was legal or necessary.”
Yes Emperer Obama, it must be that. Just dissolve Congress. Like you want to.
Obama said he is giving Congress “one last chance to cooperate, to play as a team. But I’m not going to wait forever. I have been advised that under the 14th Amendment to the Constitution I can unilaterally bypass Congress on this debt ceiling issue. According to this advice, Congressional refusal to allow increases in the debt constitutes an ‘insurrection or rebellion’ against my authority to deal with the economic crisis, which as Commander-in-Chief, am empowered to suppress using whatever means I deem appropriate.”
I keep saying it...he's not going to want to leave in 2012. Read it. He sounds like a dictator. I hope the military deposes this despot when it comes time. This guy is going to be a disaster. He is. Listen to how he sounds.
the only way the superior intellects in the faculty lounge can control everyone is with government. they willfully just want to tell us how to live our lives.
From the article -
“Alex Pareene, who is described at the end of the article as “Alex Pareene writes about politics for Salon,” made up the quotes in apparent frustration that Republican candidates had not waded into the Anthony murder trial controversy. The new media standard now seems to be if a Republican won’t say something outrageously foolish, the media will make up the quotes they want and destroy the candidate anyway.
The article is so poorly-written (and without further clarification) that the author’s attempt at satire is lost upon the reader. The quotes are presented as sourced quotes and transcripts.”
What’s that got to do with this topic? I’ll let the reader decide.
What he is really saying is that I was wrong in not spending more money and depending on private industry to pick up the slack in the economy. I can still pass regulations and taxes that will force private industry to fund all the union projects that I need for re-election.
You really hit too close to home, John! LOL!
All 57 states were impacted - except for the states of AFL-CIO and Texas.
So, what he is saying that he would use the military against Congress, by whatever means he deems appropriate.
Who does he think he is, threatening Congress like this? This guy is dangerous.
against my authority to deal with the economic crisis
This is his "Burning of the Reichstag". A crisis. One that needs for him to assume 'emergency' powers.
I don't care if he sends his goons. Guess what pal. When you are unelected, you're leaving the White House. Hopefully the military will observe its fine tradition of defending the Constitution. If we the people have to kick your Muslim @$$ all the way to Kenya, then so be it. Threatening us like this. Piece of $h!t.
Yep, saw that as well. In a sense it’s a double negative. Therefore, he’s really saying he did all the right things. Discouragingly, he’s also vowing to do more of the same. Typical Marxist. Repeat failed policies.
John, you got me again!!!! He still doesn’t want to go. Just watch.
I am pleased to report that I did *not* get fooled this time by your satire. I blame the subject. The notion that 0 would ever admit error is simply too much to be believed.
The AFL-CIO is a country, not a state.
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