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Forums - General - Obama might be the dumbest president we have ever had.

SciFiBoy on 20 March 2009


Obama, a liberal socialist? nope



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Snake612 on 20 March 2009

Give the guy a break. He has only been president for two months. You guys stay attacking him. Relax, and give a couple of more months before you go critcizing him.



TO GOD BE THE GLORY

SciFiBoy on 20 March 2009
Snake612 said:
Give the guy a break. He has only been president for two months. You guys stay attacking him. Relax, and give a couple of more months before you go critcizing him.

 

my only issue with Obama is that he could be more liberal and socialist, but compared to the Republicans he's much, much better imo, i think he will be seen as one of the better US presidents



Avinash_Tyagi on 21 March 2009
Jackson50 said:
Avinash_Tyagi said:
Senlis said:
Avinash_Tyagi said:
FDR didn't cause the great depression, he wasn't even in office until years after it began.

As for prolonging it, the only thing he did that prolonged it was trying to balance the budget and cut government spending in 1937

My mistake, I was typing this at work and got my sentances mixed up.

Hoover caused the great depression.  FDR prolonged it.  Look at this article by economist Thomas Sowell

http://townhall.com/columnists/ThomasSowell/2008/12/23/another_great_depression?page=1

"The Vedder and Gallaway statistics allow us to follow unemployment month by month. They put the unemployment rate at 5 percent in November 1929, a month after the stock market crash. It hit 9 percent in December-- but then began a generally downward trend, subsiding to 6.3 percent in June 1930.

That was when the Smoot-Hawley tariffs were passed, against the advice of economists across the country, who warned of dire consequences.

Five months after the Smoot-Hawley tariffs, the unemployment rate hit double digits for the first time in the 1930s."

[...]

"The stock market crash, which has been blamed for the widespread suffering during the Great Depression of the 1930s, created no unemployment rate that was even half of what was created in the wake of the government interventions of Hoover and FDR.

Politically, however, Franklin D. Roosevelt could not have been more successful. After all, he was the only President of the United States elected four times in a row. He was a master of political rhetoric."

[...]

"Today, increasing numbers of scholars recognize that FDR's own policies were a further extension of interventions begun under Hoover. Moreover, the temporary rise in unemployment after the stock market crash was nowhere near the massive and long-lasting unemployment after government interventions."

 

Recheck your history, first off the Tariff was passed in 1930, well before FDR was elected in 1932, secondly unemployment was over 23.6% before FDR was elected, during his first term in office he reduced it below 17%

No, FDR did not cause the GD, and it is incorrect to attribute the S-H Tariff to FDR. Nonetheless, I would be surprised if even the most staunch FDR supports would say that the only thing he did to prolong the GD was to cut spending and balance the budget. The NIRA, for instance, was a disastrous piece of legislation. It exempted companies from antitrust legislation and artificially inflated wages.

 

 

 And was struck down in 1935, you're really reaching if you think it had much of an effect



 

Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!!  It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!!  Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)

Avinash_Tyagi on 21 March 2009
Senlis said:
Jackson50 said:
Avinash_Tyagi said:
Senlis said:
Avinash_Tyagi said:
FDR didn't cause the great depression, he wasn't even in office until years after it began.

As for prolonging it, the only thing he did that prolonged it was trying to balance the budget and cut government spending in 1937

My mistake, I was typing this at work and got my sentances mixed up.

Hoover caused the great depression.  FDR prolonged it.  Look at this article by economist Thomas Sowell

http://townhall.com/columnists/ThomasSowell/2008/12/23/another_great_depression?page=1

"The Vedder and Gallaway statistics allow us to follow unemployment month by month. They put the unemployment rate at 5 percent in November 1929, a month after the stock market crash. It hit 9 percent in December-- but then began a generally downward trend, subsiding to 6.3 percent in June 1930.

That was when the Smoot-Hawley tariffs were passed, against the advice of economists across the country, who warned of dire consequences.

Five months after the Smoot-Hawley tariffs, the unemployment rate hit double digits for the first time in the 1930s."

[...]

"The stock market crash, which has been blamed for the widespread suffering during the Great Depression of the 1930s, created no unemployment rate that was even half of what was created in the wake of the government interventions of Hoover and FDR.

Politically, however, Franklin D. Roosevelt could not have been more successful. After all, he was the only President of the United States elected four times in a row. He was a master of political rhetoric."

[...]

"Today, increasing numbers of scholars recognize that FDR's own policies were a further extension of interventions begun under Hoover. Moreover, the temporary rise in unemployment after the stock market crash was nowhere near the massive and long-lasting unemployment after government interventions."

 

Recheck your history, first off the Tariff was passed in 1930, well before FDR was elected in 1932, secondly unemployment was over 23.6% before FDR was elected, during his first term in office he reduced it below 17%

No, FDR did not cause the GD, and it is incorrect to attribute the S-H Tariff to FDR. Nonetheless, I would be surprised if even the most staunch FDR supports would say that the only thing he did to prolong the GD was to cut spending and balance the budget. The NIRA, for instance, was a disastrous piece of legislation. It exempted companies from antitrust legislation and artificially inflated wages.

 

It's funny how everyone is ready to misread the post to defend FDR.

I did not say FDR passed the tariff; Neither does Sowell.  Hoover passed the tariff, which caused the massive unemployment.

The point is that if FDR had left the economy alone when he came to office, the Great Depression would have ended a lot sooner.  Instead, he expanded on Hoover's legislature with his "New Deal" and prolonged it.  Economists know that during a recession (or depression), there is a certain cycle of going low and then rising back up the businesses have to do before the recession/depression ends.  Government interventions slow that cycle down.

In M.A.S.H., when Charles whould not talk to Hawkeye or B.J., one of the worst insult Hawkeye says to get Charles to speak is "Your family voted for Roosevelt......four times!!!!!!!"

And, before anyone says it, I am not saying Roosevelt is worse than Hoover.  It is that Roosevelt was so popular when in office, as opposed to what people think of him now.

 

 

 No actually the Depression wouldn't have ended sooner, I think you're forgetting that the Unemployment rate in 1932 was over 23%, that wasn't going to drop on its own, when the nation is that far below its full capacity, and in a consumer based society, you won't have a recovery from almost 1/4 unemployment on its own.  It took the larget war in human hisoty to put us back to full capacity



 

Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!!  It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!!  Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)

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Jackson50 on 21 March 2009
Avinash_Tyagi said: And was struck down in 1935, you're really reaching if you think it had much of an effect

It is not reaching to think that two years of disastrous economic policies had a negative effect. If we now exempted industries from antitrust legislation and allowed wages to inflate higher than market equilibrium for two years, the negative effects would be incomprehensible. 



Jackson50 on 21 March 2009
Avinash_Tyagi said:
Senlis said:The point is that if FDR had left the economy alone when he came to office, the Great Depression would have ended a lot sooner.  Instead, he expanded on Hoover's legislature with his "New Deal" and prolonged it.  Economists know that during a recession (or depression), there is a certain cycle of going low and then rising back up the businesses have to do before the recession/depression ends.  Government interventions slow that cycle down.

No actually the Depression wouldn't have ended sooner, I think you're forgetting that the Unemployment rate in 1932 was over 23%, that wasn't going to drop on its own, when the nation is that far below its full capacity, and in a consumer based society, you won't have a recovery from almost 1/4 unemployment on its own.  It took the larget war in human hisoty to put us back to full capacity

Yeah, the Depression would have ended sooner. Had Hoover and Roosevelt not artifically inflated wages, and had Roosevelt not exempted companies from antitrust legislation and thereby allow them to collusively raise prices, the Depression would have ended sooner. 

 



numonex on 21 March 2009

It is too early to judge Obama. He has been in office for only 2 months as President. yeah he won the election back in November but was sworn into Presidential office on January 20. Obama deserves a fair go and should not be judged straight away by anyone. Two years time would be fair amount of time to pass opinion on him as a leader.

Obama is by no means dumb. He is a cunning ruthless businessman just like all the other Presidents before him. Only 44 men have got to be US president and he is lucky to be in the position he is in.

Only 12% Americans are African-American. Anyone who believes Obama was only elected because African-Americans voted him in are full of shit. 70% of white men voted for Obama. 50% of white women voted for Obama.

Obama represents corporate big business in America just like all the Presidents before him. Anyone who believes that Obama is any different to the other Presidents do not know anything at all. Obama does not care about the people, he is in it for the power of being leader of the most powerful nation in the world in USA.



covertCIA on 21 March 2009
numonex said:
It is too early to judge Obama. He has been in office for only 2 months as President. yeah he won the election back in November but was sworn into Presidential office on January 20. Obama deserves a fair go and should not be judged straight away by anyone. Two years time would be fair amount of time to pass opinion on him as a leader.

Obama is by no means dumb. He is a cunning ruthless businessman just like all the other Presidents before him. Only 44 men have got to be US president and he is lucky to be in the position he is in.

Only 12% Americans are African-American. Anyone who believes Obama was only elected because African-Americans voted him in are full of shit. 70% of white men voted for Obama. 50% of white women voted for Obama.

Obama represents corporate big business in America just like all the Presidents before him. Anyone who believes that Obama is any different to the other Presidents do not know anything at all. Obama does not care about the people, he is in it for the power of being leader of the most powerful nation in the world in USA.

Is that you Alex Jones? 

 



Kasz216 on 21 March 2009

Did someone say Obama was elected only because he was black in this thread?

I mean... if so I missed it. (which is possible... been skimming.)

If not... uh wha?

Why does that always come up when someone has a problem. It's like insinuating anyone who disagrees with him is racist.

Either way i'm thinking of buying land/housing.

That should stay more stable them most stuff if there is a giant depression right?

I mean other then that what do you invest in? Food companies?