August 3, 201113 yr Author Keith Olberman is telling it like it is in the most basic and brutally honest manner.Obama and the Democrats are pussyfooting around the issue of the Republicans surge to the extreme right.The Tea party continue to rewrite history to suit there agenda and continue to keep lying to the public and the Democrats never call them out about it.It will be a long and bitter Presidential campaign next year and I hope Obama develops some steel they will be throwing everything at him.Keeping his head above the discourse will not work.I think Americans want to see him take charge and show some backbone.I want to hope that he is currently down but not out. This article sums it up: Progressives took a great deal of ground during the first two years of the Obama Administration. Then the empire struck back and we have been defending that turf ever since. We cannot be deflected from preparing the most robust counter offensive in the history of American politics next November. http://www.huffingtonpost.com/robert-cream...o_b_915918.html I think the guy that Alyona Minkovski was interviewing is pretty much bang on - in the US, you have the "Money Party" who look after the interests of the banksters and corporations and you have the 50% of the Democratic "Progressives", who are actually more interested in doing what they were elected to do - represent the people of America....
August 3, 201113 yr Author Uh, oh.. Seems like the "debt deal" hasn't exactly had the desired effect..... https://rt.com/usa/news/china-america-debt-credit/
August 4, 201113 yr Obama: Debt Ceiling Deal Required Tough Concessions By Both Democrats And Democrats Alike WASHINGTON—A day after signing legislation that raised the government debt ceiling and authorized steep budget cuts, President Obama thanked Democrats as well as Democrats for their willingness to make tough, but necessary, concessions during negotiations. "I'm truly grateful that both Democrats and their Democratic counterparts were able to reach this consensus, accepting an agreement that is far from perfect not just for Democrats, but also for Democrats," Obama said Wednesday of the deal that cut federal spending $2.1 trillion over 10 years but included no revenue increases of any kind. "Lawmakers from across the political spectrum—from moderate Democrats to the more liberal members of the party to dyed-in-the-wool progressives—reached within the aisle and showed the nation that compromise requires real sacrifice from everyone." Obama added that while it may look ugly at times, politics is about Democrats giving up what they want, as well as Democrats giving up what they want, until an agreement can ultimately be reached. http://www.theonion.com/articles/obama-deb...cessions,21067/
August 4, 201113 yr For those that follow or have a passing interest in stock markets, across Europe and especially the USA, stocks have fell the most since the peak of recession in March 2009. The FTSE fell 191 points, to 5,393, this, despite being above 6,000 a few weeks, with the state of the UK financial market dropping over 11% since April! Germany and France's markets have also plunged over 10% since April highs, including massive drops of nearly 4% around Europe today. In Italy, trading was suspended before the close, after dropping over 5%! Stateside, markets are falling back to recession lows. The Dow Industrials market in NYC neared 13,000 as the month of July began, and yet a month later, we stand at 11,383, losing roughly 14% of it's value. It fell a near record 4.31% today as shockwaves hit the markets. The S&P Index fell over 4% also, and the tech-based NASDAQ fell a massive 5% - nearing levels of falls after the dot.com bust. Gold had been rising in recent days to near record levels, but investors were questioning it's safe haven status, and it fell 0.7% today. The big news however, was oil, as Light Crude in NYC fell a dramatic 6% today - falling below $90 a barrel. Only treasuries were on the rise today, with investors continue to support this long-standing safe haven. In short, today was the worst day for prosperity around the world since the recession peaked.
August 5, 201113 yr Author Oh yes, lets hate Obama, so we can we get more marvellous republican leadership! That's a laughable statement in light of the facts, you pretty much have "marvellous Republican Leadership" by proxy because Obama is basically just doing everything the Republicans want him to do...... May as well cut out the middle-man.... The fact that now the Markets in the US are tanking because this "debt deal" is making it incredibly hard to see just where the hell any growth is actually gonna come from proves the points of everyone in these clips that I posted, particularly Max Keiser....... This is Dog and Pony show, simple as....
August 5, 201113 yr Author This whole ordeal shouldn't have even gotten this far you know. And it wouldn't have if Obama hadn't appointed crooked b'astards like Ben Bernanke to run the Fed Bank.....
August 5, 201113 yr Oh yes, lets hate Obama, so we can we get more marvellous republican leadership! The Far right and the GOP are mad and stupid in equal measure.When you think Glenn Beck cannot get anymore offensive and retarded-The Democrats have to lift there game in the coming years but Obama 2012 for sure. http://storyful.com/stories/1000006068
August 5, 201113 yr Author The Far right and the GOP are mad and stupid in equal measure.When you think Glenn Beck cannot get anymore offensive and retarded-The Democrats have to lift there game in the coming years but Obama 2012 for sure. http://storyful.com/stories/1000006068 Obama seriously has to rethink his strategy for sure... All his appeasement of the Republicans and Tea-baggers has gotten him is more vilification and criticism.. From the Right, as well as from the Left.... Trying to curry favour with people who hate you whatever you do, and then just caving in, just isn't going to work, and the American people deserve better than a President who's just going to cave...
August 5, 201113 yr Obama seriously has to rethink his strategy for sure... All his appeasement of the Republicans and Tea-baggers has gotten him is more vilification and criticism.. From the Right, as well as from the Left.... Trying to curry favour with people who hate you whatever you do, and then just caving in, just isn't going to work, and the American people deserve better than a President who's just going to cave... This is totally true and accurate Obama has tried hard and completely failed to run a bipartisan government and he needs to accept reality.The Democratic base will expect him to deliver or there support will fade and one of those Republican crackpot loons will beat him.Better news on the jobs front though but I hope he concentrates solely on the economy now. http://www.huffingtonpost.com/2011/08/05/u...a_n_919040.html
August 6, 201113 yr I'm surprise nobody has spared a thought about the American's utterly retarded political system. With the Upper and Lower house elections being two years apart the current situation has a Democrat lower house and a republican upper house. Obama has had to heel to the republican wishes as if he'd just ignored them they'd have bounced that bill back so fast NASA would have been in there trying to use the republicans as a fuel source for their next gen rockets. I know Obama could veto the upper house, but the backlash that would get from American's the length and breadth of the country would ensure Obama wouldn't get a second term. This is a country that had a civil war because South Carolina had an issue with the result of an election and they were scared they'd loose their slaves! Having a democrat flex that much power would have the red south shitting themselves over their sacred state rights and have them dusting the confederate flags off. For those that follow or have a passing interest in stock markets, across Europe and especially the USA, stocks have fell the most since the peak of recession in March 2009. The FTSE fell 191 points, to 5,393, this, despite being above 6,000 a few weeks, with the state of the UK financial market dropping over 11% since April! Germany and France's markets have also plunged over 10% since April highs, including massive drops of nearly 4% around Europe today. In Italy, trading was suspended before the close, after dropping over 5%! Stateside, markets are falling back to recession lows. The Dow Industrials market in NYC neared 13,000 as the month of July began, and yet a month later, we stand at 11,383, losing roughly 14% of it's value. It fell a near record 4.31% today as shockwaves hit the markets. The S&P Index fell over 4% also, and the tech-based NASDAQ fell a massive 5% - nearing levels of falls after the dot.com bust. Gold had been rising in recent days to near record levels, but investors were questioning it's safe haven status, and it fell 0.7% today. The big news however, was oil, as Light Crude in NYC fell a dramatic 6% today - falling below $90 a barrel. Only treasuries were on the rise today, with investors continue to support this long-standing safe haven. In short, today was the worst day for prosperity around the world since the recession peaked. The NASDAQ's massive fall is front page of USA Today. Looks to be huge news here.
August 6, 201113 yr Other way around Phil - Republicans have the lower house and Democrats have the upper house!
August 6, 201113 yr If you think Obama's leadership is practically like Republican leadership, I suppose you've never been to America during Republican leadership. In 2006, I went to NY and everyone hated Bush, they NEEDED democratic leadership, and in 2010, opinions have not changed, at least in NY. Obama 2012 definitely.
August 6, 201113 yr Other way around Phil - Republicans have the lower house and Democrats have the upper house! I knew it was one way. I can never remember which way the American house is. It's just ridiculous.
August 14, 201113 yr I really hope Michelle Bachmann and the Tea Party loons manage a firm grip on the Republican Presidential candidates it will be Obamas only hope of winning.Surprised Romney did not do better in the straw poll. http://www.guardian.co.uk/commentisfree/ci...art-of-comments
August 14, 201113 yr I really hope Michelle Bachmann and the Tea Party loons manage a firm grip on the Republican Presidential candidates it will be Obamas only hope of winning.Surprised Romney did not do better in the straw poll. http://www.guardian.co.uk/commentisfree/ci...art-of-comments Obama will win. I'd bet my home on that. Doesn't matter who's the Republican candidate he'll get a second term. There's no-one strong enough to unseat him despite his problems. 2016 will be more interesting. Edited August 14, 201113 yr by Common Sense
August 15, 201113 yr Warren Buffett calls for higher taxes for US super rich http://www.guardian.co.uk/business/2011/au...axes-super-rich A quote from the NY times article as well: "I have worked with investors for 60 years and I have yet to see anyone not even when capital gains rates were 39.9 percent in 1976-77 shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off. And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know whats happened since then: lower tax rates and far lower job creation. " Problem is some Americans are so republican they think paying tax is against their human rights! Of course no one would do this including Obama because they wouldn't have the balls but THIS is the problem that Bush created for America that would help to get America back on its feet.
August 16, 201113 yr Author If you think Obama's leadership is practically like Republican leadership, I suppose you've never been to America during Republican leadership. I think you'll find that it's more people are tolerating Obama because the likes of Bachmann, Romney, etc, are intolerable.....
August 16, 201113 yr I almost want to see Palin get elected to see the EU shit themselves in pure fear. Plus we can see how moronic Camoron is by how far up her arse he slithers.
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