Skip to comments.Hume: Obama's big speech was 'a bit boring' (Video)
Posted on 01/25/2012 6:22:22 AM PST by Rufus2007
Although the political world grinds to a seeming halt when the president addresses Congress every year in January, that doesnt necessarily mean anything interesting comes out of the ordeal.
And on Tuesdays coverage of the State of the Union address on the Fox News Channel, senior political analyst Brit Hume said this years from President Barack Obama was no different.
Ive covered about 35 of these things and I thought they were always a murderous assignment for any president, Hume said. For one thing they are too long and for certain political reasons in Washington, they need to be because there are a multitude of bases and constituencies and members of Congress, and so on and must have their, you know places touched.
(Excerpt) Read more at thedc.com ...
Thing could be as boring as cryptomarxist blather.
I meant ‘NOthing’.
After the first 5 minutes a thought entered my head, the voice said...You do not have to watch this crap, I turned instead to METV and watched a classic episode of the old Bob Newhart show.
“Someone didn’t get a thrill up their leg last night. But at least it wasn’t as boring as the last GOP debate...”
But did he get his place touched?
Empty, stupid, happy-talk
Full of sound and fury, signifying nothing new.
From the “highlights” I saw, it looked like an angry shout-fest.
Candidate Barack Obama told us on the campaign trail: " The problem is, that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, # 43 added $4 trillion by his lonesome so that now we have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man woman and child. Thats irresponsible. Its unpatriotic."
REALITY CHECK Obama presided over the biggest political heist in US history. The Obamanations (insiders and politicians) sucked up trillions under the guise of inheriting the "Bush financial crisis."
THIS MADE ME LAUGH OUT LOUD Obama COS Rahm Emanuel "suddenly" discovered he wanted to be Chicago's mayor---the little turn went before the mics and announced his campaign "raised $10 million in just a few weeks." Rahm also controlled the US Treasury as COS.
What the so-called "collapse" of the banking system wrought under Obama:
FOURTEEN TRILLION DOLLARS Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
Mon Dec. 21, 2009 12:23 PM PST
The price tag for the Wall Street bailout is often put at $700 billionthe size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see our chart at web site. Below, a guide to the pieces of the puzzle:
Treasury Department bailout programs
(Remember that Obama's Treasury Dept was controlled by his then-COS Rahm Emanuel---a G/S lobbyist in the WH)
Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokeragesas much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
I turned the channel and watched Joan Rivers get her 734th plastic surgery...less painful to watch
"Hi there, Americans. Obama put me in charge of the trillion dollar stimulus. My son and brother are gonna help me disperse the money. "
Offshore Fraudster had links to offshore fund run by VP Biden's relatives
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran
(Reuters) A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.
The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.
Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million.
Marc LoPresti, who represents Hunter Biden and James Biden told the paper the Bidens NEVER met or communicated with Stanford. (/snicker)
(Excerpt) Read more at news.yahoo.com ...
I opted for watching less fluff by watching Dance Moms.
We turned over to a program on making cheese...
Ironically, I skipped the SOTU to watch the Bruins game.
Even the most rabid dyed-in-the-wool Socialist Class Warrior would have to be asking himself after that “do I want to follow THIS GUY as my leader??”
I heard enough lies in the first 10 minutes to fill my quota, so I turned off the propaganda box. For example, the economy is NOT improving as FUBO insists. The dollar is being devalued by the government printing and spending trillions of dollars. Come election time, ask yourself: Is my dollar better off than it was four years ago?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.