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Obama's 1st Speech to Congress. INSPIRATIONAL! Ass Loon, Cum In & Learn Sth!
- Thread starter makapaaa
- Start date
All cheap talk and false hope. Just like how Lau Goh promised our Swiss standard of living in the 90s.
YOU KICK BASTARD LKY AND COCKROACHES IN WHITE OUT AND YOU WILL TRANSFORM SINGAPORE INTO PARADISE
GO ALL OUT TO KICK ALL THOSE BASTARDS OUT
ALL OF THEM
DO NOT WAIT UNTIL ELECTION TIME
THE TIME TO ACT IS NOW!
TALK TO YOUR FRIENDS AND YOUR RELATIVES.
SUPPORT OPPOSITION PARTIES WITH YOUR TIME AND MONEY AND STAND BY THEM AND WITH THEM.
THEY SPEAK FOR YOU AND TRY TO SPEAK FOR YOU.
NOT LKY AND HIS BASTARDS IN WHITE WHO ONLY WANT YOUR MONEY AND TO FUCK YOU.
IF NOT FOR YOURSELF, THEN FOR THE FUTURE OF YOUR CHILDREN
THERE WILL NOT BE AN OBAMA AS PRESIDENT OF USA IF THE CIVIL RIGHTS MOVEMENT THERE WAS INTIMIDATED BY BEATINGS AND LYNCHINGS IN THE PAST.
THE TOBBLING OF LKY WILL NOT BE EASY, AND CAN BE BLOODY AS WELL.
THEY WILL NOT GIVE UP THE BILLIONS THAT THEY SUCKED FROM YOU AND CAN CONTINUE TO SCREW FROM YOU NOW AND IN FUTURE.
ONLY YOU HAVE THE POWER TO SAY 'NO MORE OF THAT' AND THROW EVERYONE OF THOSE BASTARDS OUT
Sinkies must organise themselves
Show that they got balls and can stand up to LKY intimidation.
Big money at stake.
Already 400++ billions got sucked and bled by LKY into his Temasick and GIC
EVEN IF NO ELECTIONS, SINKIES MUST SPEAK WITH ALL THEIR FRIENDS AND ALL THEY KNOW
STAND UP TO THAT BASTARD LKY AND PAP BLOODSUCKERS
STAND WITH ALL THOSE THAT FIGHT BASTARD LKY
OR STAND UP YOURSELF IN YOUR CONSTITUENCY
DONT BE BULLIED BY THAT FUCKING COWARD LKY USING HIS CORRUPT KANGAROO COURTS AND ALL THAT HE CAN, AND WILL THROW AT YOU
Cheap talk and false hope works with Singaporeans but not Americans.
Please man, i watch it live. and i shake my head in amazement, he is a fxxking talk shop, all talk and no walk.
he is promising too much. he act like LKY, what he want to do is LKY, dictatorship, and USA is no dictatorship like singapore.
he is like a nigerian con man trying to get people to send money to him and have nothing to deliver. i miss mccain already, and his wife.
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FACT CHECK: Obama's words on home aid ring hollow
By CALVIN WOODWARD and JIM KUHNHENN, Associated Press Writers Calvin Woodward And Jim Kuhnhenn, Associated Press Writers Wed Feb 25, 5:46 am ET
WASHINGTON – President Barack Obama knows Americans are unhappy that their taxes will be used to rescue people who bought mansions beyond their means.
But his assurance Tuesday night that only the deserving will get help rang hollow.
Even officials in his administration, many supporters of the plan in Congress and the Federal Reserve chairman expect some of that money will go to people who used lousy judgment.
The president skipped over several complex economic circumstances in his speech to Congress — and may have started an international debate among trivia lovers and auto buffs over what country invented the car.
A look at some of his assertions:
OBAMA: "We have launched a housing plan that will help responsible families facing the threat of foreclosure lower their monthly payments and refinance their mortgages. It's a plan that won't help speculators or that neighbor down the street who bought a house he could never hope to afford, but it will help millions of Americans who are struggling with declining home values."
THE FACTS: If the administration has come up with a way to ensure money only goes to those who got in honest trouble, it hasn't said so.
Defending the program Tuesday at a Senate hearing, Federal Reserve Chairman Ben Bernanke said it's important to save those who made bad calls, for the greater good. He likened it to calling the fire department to put out a blaze caused by someone smoking in bed.
"I think the smart way to deal with a situation like that is to put out the fire, save him from his own consequences of his own action but then, going forward, enact penalties and set tougher rules about smoking in bed."
Similarly, the head of the Federal Deposit Insurance Corp. suggested this month it's not likely aid will be denied to all homeowners who overstated their income or assets to get a mortgage they couldn't afford.
"I think it's just simply impractical to try to do a forensic analysis of each and every one of these delinquent loans," Sheila Bair told National Public Radio.
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OBAMA: "And I believe the nation that invented the automobile cannot walk away from it."
THE FACTS: Depends what your definition of automobiles, is. According to the Library of Congress, the inventor of the first true automobile was probably Germany's Karl Benz, who created the first auto powered by an internal combustion gasoline engine, in 1885 or 1886. In the U.S., Charles Duryea tested what library researchers called the first successful gas-powered car in 1893. Nobody disputes that Henry Ford created the first assembly line that made cars affordable.
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OBAMA: "We have known for decades that our survival depends on finding new sources of energy. Yet we import more oil today than ever before."
THE FACTS: Oil imports peaked in 2005 at just over 5 billion barrels, and have been declining slightly since. The figure in 2007 was 4.9 billion barrels, or about 58 percent of total consumption. The nation is on pace this year to import 4.7 billion barrels, and government projections are for imports to hold steady or decrease a bit over the next two decades.
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OBAMA: "We have already identified $2 trillion in savings over the next decade."
THE FACTS: Although 10-year projections are common in government, they don't mean much. And at times, they are a way for a president to pass on the most painful steps to his successor, by putting off big tax increases or spending cuts until someone else is in the White House.
Obama only has a real say on spending during the four years of his term. He may not be president after that and he certainly won't be 10 years from now.
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OBAMA: "Regulations were gutted for the sake of a quick profit at the expense of a healthy market. People bought homes they knew they couldn't afford from banks and lenders who pushed those bad loans anyway. And all the while, critical debates and difficult decisions were put off for some other time on some other day."
THE FACTS: This may be so, but it isn't only Republicans who pushed for deregulation of the financial industries. The Clinton administration championed an easing of banking regulations, including legislation that ended the barrier between regular banks and Wall Street banks. That led to a deregulation that kept regular banks under tight federal regulation but extended lax regulation of Wall Street banks. Clinton Treasury Secretary Robert Rubin, later an economic adviser to candidate Obama, was in the forefront in pushing for this deregulation.
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OBAMA: "In this budget, we will end education programs that don't work and end direct payments to large agribusinesses that don't need them. We'll eliminate the no-bid contracts that have wasted billions in Iraq, and reform our defense budget so that we're not paying for Cold War-era weapons systems we don't use. We will root out the waste, fraud and abuse in our Medicare program that doesn't make our seniors any healthier, and we will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas."
THE FACTS: First, his budget does not accomplish any of that. It only proposes those steps. That's all a president can do, because control over spending rests with Congress. Obama's proposals here are a wish list and some items, including corporate tax increases and cuts in agricultural aid, will be a tough sale in Congress.
Second, waste, fraud and abuse are routinely targeted by presidents who later find that the savings realized seldom amount to significant sums. Programs that a president might consider wasteful have staunch defenders in Congress who have fought off similar efforts in the past.
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OBAMA: "Thanks to our recovery plan, we will double this nation's supply of renewable energy in the next three years."
THE FACTS: While the president's stimulus package includes billions in aid for renewable energy and conservation, his goal is unlikely to be achieved through the recovery plan alone.
In 2007, the U.S. produced 8.4 percent of its electricity from renewable sources, including hydroelectric dams, solar panels and windmills. Under the status quo, the Energy Department says, it will take more than two decades to boost that figure to 12.5 percent.
If Obama is to achieve his much more ambitious goal, Congress would need to mandate it. That is the thrust of an energy bill that is expected to be introduced in coming weeks.
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OBAMA: "Over the next two years, this plan will save or create 3.5 million jobs."
THE FACTS: This is a recurrent Obama formulation. But job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.
The president's own economists, in a report prepared last month, stated, "It should be understood that all of the estimates presented in this memo are subject to significant margins of error."
Beyond that, it's unlikely the nation will ever know how many jobs are saved as a result of the stimulus. While it's clear when jobs are abolished, there's no economic gauge that tracks job preservation. The estimates are based on economic assumptions of how many jobs would be lost without the stimulus.
Care to point out the similarities between Obama and LKY, or is that covered in your last paragraph.
only a dictator can push the changes he want, and LKY is a dictator. you dun understand?
Give him 2 terms , the end result will be the same. The US is like a coma patient in intensive care almost brain dead. Unless the amercians learn to leave within their means and not to overspend if not her economy shall not improve.
It is a fundamental problem which is very difficult to change. Just like a drug addict , it is very difficult to kick the habit.
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