state of the union
- Thread starter Briansol
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ReikosWifeArimi
Member
I will just quote what I wrote on facebook...
This is actually true. We have received the vast majority of TARP funds that were injected directly into banks. This money was returned with approximately an 8% ROI. (Meanwhile, many who held the bank stocks privately made 30-100% in the stock market this year. Still, the 8% beats inflation and isn't an awful return on investment.)
However, AIG is an insurer which still owes $80billion + with the possibility of up to $160billion if the markets were to absolutely collapse again.
Furthermore, we've pumped 1.3trillion into the mortgage backed security market over the past year.
Unfortunately I was at the gym and missed the speech. I'm sure it will be on the net somewhere and articles are already popping up with highlights, but I would have liked to see him speak live. I doubt I can bring myself to actually watch the entire address after I read all the horrific lies and broken promises.
its all he knows how to do
three words:
empty fucking suit
and Biden IS a bobble-head
Just read the transcript on CNN's web page. It's MUCH faster than listening to the speech... talk talk talk applaud stand sit applaud wash rinse repeat. That's what I do with all these huge televised speeches- read them afterwards.
eh, i saw the "bi-partisan" congressional budget task force was shot down yesterday.
In theory the task force sounds nice, but I'm not confident that partisan politics won't overrun and undermine the entire task force. Thats a moot point since the amendment didn't pass.
The speech transcript said that he was overturning it and moving forward with it. I forget how he's able to do that though.
ReikosWifeArimi
Member
haha I actually told one of my little brother's friends it was worth watching if you didn't mind feeling like you were in mass. Sit-stand-kneel-sit-stand-kneel-repeat priest's words-amen-sit-stand-kneel.
Won't be an amendment, therefore he can't force a vote.
He can veto and then create his own task force, but the task force won't be able to call to a vote when needed. This creates a Mickey Mouse task force.
AARP was afraid that if the task force was put in place, they would push a quick vote to cap medicaid, medicare, and social security. (Well duh, because thats the only logical way to curb spiraling costs right now)
Tax sensitive republicans were afraid that the vote would be a quick vote to pump up taxes.
Democrats and Republicans crossed lines and the actual voting results were more bi-partisan than anything I've read this year. There was about an even split of democrats and republicans that were in favor, as democrats and republicans that were not in favor.
...kind've sickening.
I usually like to watch it- but chasing a kid and taking care of things around the house prevent that.
lmao. I had thats as a facebook post. I thought someone should start making them.
Cashizslick
!i!i!i!i!i!i!i!i!i!i!i!
Thats the problem.
Obama’s speeches are designed so that they sound GREAT to listeners. If he actually does 50% . . no . . . 25% of what he said he would do I’ll be incredibly impressed.
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Capt. Orygun
Win the Day
I don't remember what I was doing at that time I just know that even if it was taking a dump it would have been time better spent.
