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Barack Obama on economic crisis: 'We didn't know how bad it was'
Politico44 ^ | 12/13/11 | JENNIFER EPSTEIN

Posted on 12/13/2011 5:24:27 PM PST by ColdOne

President Barack Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office, if only so he could have let Americans know just how tough the coming years would be.

"I think we understood that it was bad, but we didn’t know how bad it was,” Obama said in an interview with KIRO in Seattle. "I think I could have prepared the American people for how bad this was going to be, had we had a sense of that."

Obama’s comments came as he sat down with a string of local TV reporters on Tuesday morning to sell his proposal to extend the payroll tax cut while highlighting the end of the Iraq war. He also did brief interviews – all under 10 minutes – with WVEC in Norfolk, Va., WEAR in Pensacola, Fla., and KOAA in Colorado Springs, Colo.

(Excerpt) Read more at politico.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bondcollapse; default; depression; dollarcollapse; economiccrisis; economy; elections; idiot; obama
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1 posted on 12/13/2011 5:24:29 PM PST by ColdOne
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To: ColdOne

Poor baby! He was tricked!


2 posted on 12/13/2011 5:25:48 PM PST by Winstons Julia (Hello OWS? We don't need a revolution like China's; China needs a revolution like OURS.)
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To: ColdOne

What he’s really saying is “Nobody told me that work was HARD!”


3 posted on 12/13/2011 5:26:00 PM PST by Ronin (If we were serious about using the death penalty as a deterrent, we would bring back public hangings)
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To: ColdOne

hey DUMBO..what did you do with the rest of BP’s money?...spent 4 billion, where’s the rest?


4 posted on 12/13/2011 5:26:41 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: ColdOne

Bush’s fault, Bush’s fault...nyaah, nyaah.

Wouldn’t it be nice to have an adult in the White House for a change?


5 posted on 12/13/2011 5:27:09 PM PST by Walrus (Big government is the natural enemy of liberty)
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To: ColdOne

Lol so all those years he had no idea and yet he and the old lady traveled are living like royalty off the tax payer. Let em cake.


6 posted on 12/13/2011 5:27:29 PM PST by linn37 (Newt supporter here.)
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To: ColdOne
'We didn't know how bad it was'

Nice try and the media will let him get away with it.

Get a clue, zero.

Tax revenues are down sharply, the economy is down sharply.

Arrogant denial.

7 posted on 12/13/2011 5:27:51 PM PST by cicero2k
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To: ColdOne

it’s wasn’t that bad, he made it bad.


8 posted on 12/13/2011 5:27:53 PM PST by TexasFreeper2009 (Newt Gingrich 2012!)
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To: ColdOne

And he thinks Islam and Marxism will cure everything.


9 posted on 12/13/2011 5:28:41 PM PST by Dallas59 (President Robert Gibbs 2009-2011)
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To: ColdOne

Cloward and Piven told him just how bad it was, and on purpose.

And of course, the Halfrican Kenyan Muslim traitor lies about it, because the Koran says it’s okay to lie to the infidel.


10 posted on 12/13/2011 5:28:52 PM PST by Old Sarge (RIP FReeper Skyraider (1930-2011) - You Are Missed)
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To: ColdOne

Let’s see here. A sitting senator with majorities in both houses. The power of the purse at their disposal did not know how bad it was. Ya ok.


11 posted on 12/13/2011 5:28:52 PM PST by Bruinator ("For socialism is not merely the labour question, it is before all things an atheistic question")
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To: ColdOne

Isn’t this the same man who said this was the worst crisis since the Great Depression?

What a liar.

Told my wife the night he was elected this is exactly what would happen, of course everyone else on this forum said the same thing.


12 posted on 12/13/2011 5:29:25 PM PST by CommieCutter
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To: ColdOne

Where in the he$! has he been all this time?


13 posted on 12/13/2011 5:29:34 PM PST by lahargis (Rick Perry is our energy candidate! Perry 2012!)
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To: ColdOne

The severity of the problem in not relevant. To address the problem, obama took the wrong steps and made it worse.


14 posted on 12/13/2011 5:30:19 PM PST by matt1234 (Bring back the HUAC.)
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To: ColdOne

Hey, maybe he should’ve “borrowed” and pumped a few more trillion dollars down the sewer to his union friends and campaign supporters. That would’ve made things a lot better (for them).


15 posted on 12/13/2011 5:30:19 PM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: ColdOne

Obama is a complete idiot.


16 posted on 12/13/2011 5:30:54 PM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: ColdOne
Obama was a Senator right? Did he pay attention when he was there? Why would he be surprised?

It's not like he fell off the Turnip Truck in front of the White House.

Oh never mind, it's just his way of saying it's Bush's fault once again.

17 posted on 12/13/2011 5:31:50 PM PST by Kickass Conservative (Liberals, Useful Idiots Voting for Useless Idiots...)
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To: ColdOne

For the first six months, maybe even a year he might have a legitimate complaint. However even six months is probably too long as he had a complete dominance with both houses of Congress.

Now he still has the Senate but hopefully he will lose that too when his lunatic presidency ends.


18 posted on 12/13/2011 5:33:22 PM PST by yarddog
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To: Winstons Julia

He made it worse. Perhaps he could stay in Hawaii until 1/20/2013.


19 posted on 12/13/2011 5:33:38 PM PST by Richard from IL
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To: ColdOne

Even if you didn’t know at first you have been in office for 3 years Barry! Grow UP..Put on your BIG BOY pants and stop whining........ Swallow a little pride and try working with Republicans in Congress to cut taxes balance the budget....Aw Nevermind I might as well be talking to a wall Barry was sent to Washington to bankrupt America and start us down the road to Socialism!


20 posted on 12/13/2011 5:33:54 PM PST by jakerobins
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To: ColdOne

“Unexpected”...yeah...that’s the ticket....what a man-child...


21 posted on 12/13/2011 5:34:00 PM PST by mo
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To: ColdOne

As it turns out, EVERYTHING was above Obama’s pay grade.


22 posted on 12/13/2011 5:34:46 PM PST by Gator113 (~Just livin' life, my way~.. Newt/Palin-West-2012."got a lot swirling around in my head.")
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To: ColdOne
Obama said Tuesday he wishes he knew the full extent of the economic crisis when he took office,

No one an be that stupid.

23 posted on 12/13/2011 5:36:38 PM PST by JakeS (This would be a good time to read John chapter three 1-21)
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To: ColdOne
Hmmm, anyone else remember a young Bill Clinton, who after "days" of pacing the Oval Office announced to the American public he could not give them a tax break because, " I have worked harder then I ever have in my life and I can't do it, they cooked the books and now I must raise taxes" .

I believe he also blamed a Bush for his failure. Obama can't even come up with an original excuse.

24 posted on 12/13/2011 5:38:17 PM PST by Kakaze (Exterminate Islamofacism and apologize for nothing....except not doing it sooner!)
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To: Kickass Conservative

Keep reminding the libs who has been in charge of Congress for the last 2 years of President Bush’s administration and the first 2 of Zeros, and who currently can and do stop anything resembling sensible legislation.

Reid and Pelosi did a great job of keeping Zero out of the loop and treating him like the arrogant a—h-— he is.

Darn those turnip trucks anyway.


25 posted on 12/13/2011 5:38:21 PM PST by SusaninOhio (So)
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To: ColdOne; IMissPresidentReagan

A definite Limbaugh “see, I told you so” moment.


26 posted on 12/13/2011 5:38:38 PM PST by NonValueAdded ("Centralization destroys the blight of monopoly")
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To: ColdOne
"I think we understood that it was bad, but we didn’t know how bad it was,”

Just what Bill Clinton said upon assuming office just before raising the taxes, retroactively (!), that he promised he wouldn't. Seems to be a Democrat meme.

27 posted on 12/13/2011 5:41:07 PM PST by jeffc (Prayer. It's freedom of speech.)
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To: ColdOne

Dude admits incompetence!?

In other news: Man bites dog...


28 posted on 12/13/2011 5:41:24 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: ColdOne
Didn't know how bad it was, eh?

Obama: U.S. in worst crisis since Depression (Oct 2008)

29 posted on 12/13/2011 5:41:33 PM PST by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: ColdOne
Photobucket

How much time did Obama waste farting around pushing legislation we didn't want, while everything else went to Hell?

30 posted on 12/13/2011 5:42:27 PM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not a Matter of Opinion)
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To: ColdOne
the boy isn't smart enough to understand the business model of a lemonade stand...
31 posted on 12/13/2011 5:42:57 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: lahargis

Oh, he’s been present....


32 posted on 12/13/2011 5:43:04 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: lahargis

Oh, he’s been present....


33 posted on 12/13/2011 5:43:35 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Kakaze

I remember, Kakaze. I was there and had to pay a retroactive income tax of $1500. The only time in my life I didn’t get a tax refund; and I was lower middle class at that time.


34 posted on 12/13/2011 5:45:53 PM PST by jeffc (Prayer. It's freedom of speech.)
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To: ColdOne

We didn’t know how bad YOU were.


35 posted on 12/13/2011 5:45:59 PM PST by Brilliant
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To: ColdOne
but we didn’t know how bad it was,” Obama said

Here's a thought....STOP VACATIONING AND GET OFF THE FRICKIN' GOLF COURSE!

You'd think with all the billions he's bilked from us, the Jackass in Chief could buy a clue!

36 posted on 12/13/2011 5:45:59 PM PST by MamaTexan (I am ~Person~ as created by the Law of Nature, not a 'person' as created by the law of Man)
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To: CommieCutter

cognitive dissonance
no one holds leftists accountable
the economic crisis was intentional and purposeful. ‘progressives’ just can’t understand how to get to their next level without creating another panic. too many watching now


37 posted on 12/13/2011 5:46:40 PM PST by griswold3 (Character is Destiny)
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To: TexasFreeper2009

And prolonged it. Did all the wrong stuff.

Health care to scare employers.

EPA regs and threatened Cap & Trade to scare manufacturers.

Stifled drilling in the Gulf and elsewhere; Keystone XL delay the latest jewel in that plan.

Extended unemployment to 2 years, last I knew 6 months had been the limit.

What a clever boy he is.


38 posted on 12/13/2011 5:47:14 PM PST by One Name
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To: NonValueAdded; IMissPresidentReagan

Bingo!!!!!


39 posted on 12/13/2011 5:55:08 PM PST by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: ColdOne

The new line, tested on Axelrod’s focus groups.


40 posted on 12/13/2011 5:58:44 PM PST by Revolting cat! (Let us prey!)
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To: MamaTexan
Here's a thought....STOP VACATIONING AND GET OFF THE FRICKIN' GOLF COURSE!

He'll just make things worse than he's already made them. Seriously, every minute that idiot spends away from the Oval Office on a golf course or on a beach in Hawaii is good for the Republic.

41 posted on 12/13/2011 5:58:44 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: ColdOne
What chutzpa--using gross incompetence as an excuse for failure.
42 posted on 12/13/2011 6:02:43 PM PST by hinckley buzzard
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To: ColdOne

Bill Clinton: I know I promised you all a middle class tax cut, but now that I’m in office and see the full extent of the terrible financial mess I was handed, I don’t see how that can be done. I’ve worked as hard as I ever have in my life last night and I just can’t give you a tax cut.


43 posted on 12/13/2011 6:04:52 PM PST by DBrow
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To: ColdOne; Yehuda

Translation:

“America is more resistant to tyranny and destruction than I expected. You folks who won’t submit have made change more painful than it should be. Sux to be you. Now where’s my ice cream treat...”


44 posted on 12/13/2011 6:19:30 PM PST by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: ColdOne

Lying again.


45 posted on 12/13/2011 6:21:42 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: lahargis
Where in the he$! has he been all this time?

Mostly golfing and vacation trips.

46 posted on 12/13/2011 6:23:22 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: ColdOne

Dear Leader:

No, you didn’t know how bad it was. The reason is simple: it wasn’t that bad until you started screwing things up with your ridiculous Marxist/Keynesian non-market solutions to our economic problems.


47 posted on 12/13/2011 6:28:23 PM PST by InterceptPoint (TIN)
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To: ColdOne

WHEN did he figure out it was worse than he thought it was? Last week? Thanks for telling us, you big galoot.


48 posted on 12/13/2011 7:13:55 PM PST by savedbygrace (But God.)
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To: ColdOne

YOU ARE A CULL, Obambi! Explain again why we needed “Hope & Change”...piss-ant. You knew, didn’t care, and did everything you could to destroy our foundations and bring our roofs down on our heads. All this as an IMPOSTER! You are not my President...you are an active criminal of the most obmamanable snow-job sort. Go home to Kenya...GET THE HELL OUT OF OUR WHITE HOUSE!


49 posted on 12/13/2011 7:14:21 PM PST by Birdsbane ("Onward through the fog!" ... Oat Willie)
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To: ColdOne

We know how bad you are, you incredibly incompetent nincompoop. nobama...resign tonight and place your self in custody of the warden in Leavenworth. I know you are reading this.


50 posted on 12/13/2011 7:16:19 PM PST by hal ogen (First Amendment or Reeducation Camp?)
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