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Obama tried a couple of times to lay the deficit off on the Republicans, but more than half of that deficit came from the bailouts of last year, which the Democrats pushed through Congress. Republicans balked at the massive TARP program, which Obama criticized in his press conference last night. The Bush administration didn’t partner with Republican leadership to get that passed; they had to get the Democrats to pass it, and Democrats have controlled Congress for the last two years. And the economic crisis came from the collapse of the housing market bubble created by the kind of intervention Obama proposes.
1 posted on 02/10/2009 7:28:16 AM PST by daylilly
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To: daylilly

Obama is the Donovan McNabb of politics............


2 posted on 02/10/2009 7:31:29 AM PST by Red Badger (Zimbabwe has removed 12 zeroes from its currency. We need to remove ONE from the White House......)
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To: daylilly
There were more than two lies.

"Republicans want to blow up public schools."



Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks"
"On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve
noticed a tremendous draw down of money market accounts in the USA
to the tune of $550 Billion dollars in a matter of an hour or two.
Money was being removed electronically.
The treasury tried to help with $150 Billion.
But could not stem the tide.
It was an electronic run on the banks
The treasury intervened but had they not closed down the accounts
they estimated that by 2 PM that afternoon.
Within 3 hours. $5.5 Trillion would have been withdrawled
and collapsed and within 24 hours the world economy."


FLASHBACK: from 9/15/08:

“U.S. President George W. Bush said Monday he is confident
that the markets are resilient and can deal with the latest financial blows.
“We are working to reduce disruptions and minimize the impact
these financial market developments on the broader economy.” ...

U.S. Democratic presidential candidate Barack Obama
said eight years of Bush “brought us the most serious financial crisis
since the Great Depression.”

His Republican rival said John McCain said he was happy the
federal government decided not to use taxpayer dollars to bail out Lehman Brothers.”

How did Obama know THEN
that we would experience the ‘most serious financial crisis since the Great Depression’
when those who did not plan the takeover would not know for three more months?


October 10, 2008, another massive selloff.


Professor Joseph Olson of Hamline University School of Law, St. Paul , Minnesota,
points out some interesting facts concerning the Presidential Election2008

* Number of States won by: Democrats: 19 Republicans: 29
* Square miles of land won by: Democrats: 580,000 Republicans: 2,427,000
* Population of counties won by: Democrats: 127 million Republicans: 143 million
* Murder rate per 100,000 residents in counties won by: Democrats: 13.2 Republicans: 2.1

3 posted on 02/10/2009 7:33:12 AM PST by Diogenesis (Quis custodiet ipsos custodes?)
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To: daylilly

...”While President Bush was accused shortly after taking office in 2001 of “talking down the economy” - and for saying the economy was “slowing down” - Mr. Obama is using ever-heightening hyperbole to hammer home his message. But the strategy brings great risk for the “Yes, We Can” man, who just three weeks ago told America in his inaugural address that despite “a sapping of confidence across our land,” his election meant Americans had “chosen hope over fear.”.....

Source: Times Online


5 posted on 02/10/2009 7:34:22 AM PST by IrishMike (Islam is a barbaric political and social system in religious drag)
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To: daylilly

People with small minds ,believe everything that comes out of the Messiah’s mouth. Lies dont matter when half the people in the country dont know the difference. Others dont care or voted for him and dont want to listen.


6 posted on 02/10/2009 7:34:32 AM PST by Venturer
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To: daylilly
Its sadly obvious the guy is not running the show !
Soros office is the real WH and this idiot is the hand puppet .
The Obama state run media knows this fact and fear for there life and their Fcc license if that fact was announced !
7 posted on 02/10/2009 7:34:52 AM PST by ncalburt (Read all about)
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To: daylilly

Bookmarked.


8 posted on 02/10/2009 7:35:01 AM PST by stylin_geek (Liberalism: comparable to a chicken with its head cut off, but with more spastic motions)
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To: daylilly

Obama created a bunch of phony strawmen. And it is worth remembering that Bush left half of the TARP money for Obama to spend, i.e., $350 billion.


9 posted on 02/10/2009 7:36:21 AM PST by kabar
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To: daylilly
Why is it that Dems think that long, rambling, drawn-out non-answers are the sign of intelligence? Consider their last three Presidential nominees, Gore, Kerry and Obama; all of them have in spoken a long and rambling style with little substance beyond the style.
George Bush, by contrast, deliberately spoke in short and understandable language.
The Dems thought he must be stupid because his language was DELIBERATELY spoken so that anyone could understand his meaning. He and his speech writers worked hard to make his speeches easy to understand.
Obviously, one of the answers is that the Dems do not want people to understand what they are saying. It is easier to hide a lie in a lot of rambling incoherency.
10 posted on 02/10/2009 7:38:57 AM PST by madinmadtown (BO stinks..)
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To: daylilly

ping for when I’m not supposed to be at work


11 posted on 02/10/2009 7:41:59 AM PST by skr (May God confound the enemy)
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To: daylilly
I did not watch Obama for obvious reasons. Did the republicans have someone to rebutt him after the press conference? I remember when Bush would give a press conference, the democrats were always given some time to rebutt what president Bush had just said. Republicans should insist on the same right with networks.
12 posted on 02/10/2009 7:45:10 AM PST by HwyChile
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To: daylilly

Obama without a teleprompter makes Mel Tillis look like Cicero


14 posted on 02/10/2009 7:53:06 AM PST by Battle of Tours
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To: daylilly

Very good article by Ed Morrissey and very good comments at the link. Thanks for posting.


16 posted on 02/10/2009 8:00:48 AM PST by PGalt
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To: daylilly

Can anyone explain how the Bush tax cuts caused banks to make bad loans and cause a credit crisis? This theory has been promoted by the Zero and several top Rats in the last few days.


21 posted on 02/10/2009 8:09:42 AM PST by BigBobber
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To: daylilly

Zero thinks he can bluff his way along for 4 years with ahh ahh hunn. I don’t think that will work very long. He looked like a bumbling idiot last night with his non answers.


24 posted on 02/10/2009 8:44:17 AM PST by chainsaw
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To: daylilly
Of course he's lying. He lied all through the campaign about who he is and what he'll do.

Don't expect anyone in the press to call him on it, though.

If the economy is really, really bad a year from now you might finally get people saying it can't all be Bush's fault, but it's gonna be a long, painful "honeymoon" as they shove every bad idea there is down our throats.

27 posted on 02/10/2009 9:19:53 AM PST by colorado tanker ("I just LOVE clinging to my guns and my religion!!!!" - Sarah Palin)
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To: daylilly

if you say it often enough people will start to believe it
you might even believe it yourself


28 posted on 02/10/2009 9:21:50 AM PST by yldstrk (My heros have always been cowboys--Reagan and Bush)
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To: daylilly

completely off his rocker


29 posted on 02/10/2009 9:29:15 AM PST by yldstrk (My heros have always been cowboys--Reagan and Bush)
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To: daylilly

The USofA is about to be bankrupt and we can thank the morons who voted for Obama and the morons who keep voting in the 535 morons and spineless legislators into Congress.

We the People have GOT to do something to change Washington, DC.

For BHusseinObama HOPE = FEAR and CHANGE = CATASTROPHE.

And we MUST continue to say “Obama’s Fault” loudly and often and in print at every occasion.


30 posted on 02/10/2009 9:34:48 AM PST by HighlyOpinionated (Social justice cannot be attained by violence. Violence kills what it intends to create. JPII)
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To: daylilly

NObama also said a number of times that he inherited a deficit of over a Trillion dollars.
This AM, the morning news shows said that the 2008 fiscal year deficit was $455 billion.

NObama is inflating that figure by more than 100%, and the media and the Kool-aid drinkers keep thinking he is so great!!

Please tell your friends what a bunch of whoppers were served up at that press deal last night.
NObama also said there were “NO PERSONAL PROJECTS” in the bill.
Guess that is the new descroption of “PORK”.

He lied about that, also.


31 posted on 02/10/2009 9:44:18 AM PST by ridesthemiles
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