Mortgage Rates Up, Foreclosures Up, Unemployment Up - Has Obama Done Anything? »
Posted By ChangeToday 4 months, 3 weeks ago in News
Since taking over as the President of the United States, President Obama as seen average mortgage rates rise, foreclosures continue higher and the unemployment is trending towards 10% nationally. All of these statistics have seemed to skyrocket since Obama took office. There is no doubt that former President Bush has a lot to do with these scenarios, but shouldn’ t we start to see some type of improvement. Not only have we NOT seen improvement, we have seen the downward trend in the economy accelerate.
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ChangeToday
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not2needy4 months, 3 weeks ago
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We ARE only 5 months into the Obama presidency, which is why i give no credence to garbage such as this article. The man is working day and night to fulfill his campaign promises, and just because he couldn't UN-DO everything W did over 8 years in 5 months, all you all do is condemn him..
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I'm used to repugs turning on their own, but libbies generally stick together and give each other the benefit of the doubt. Obama said in his campaign speeches that it would take years, years, not months, not weeks, not days. but you all are wanting immediate gratification, and if you don't get it you turn on him. Enough of this!
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orndorffter4 months, 3 weeks ago
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Yeh, gave him time look at all he has to work on and mostly repair what the Bush administratin left for him, he knew Former Bush knew what kid of mess he was leaving Obama and just the few months hes been in, I think he has done more then Bush ever did in the 8 years he was in office.
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not2needy4 months, 3 weeks ago
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Who knows orn, this mess may not be fixable.. Bush bragged about how he was going to have us so embedded in the Middle East that the next president wouldn't be able to get us out, and looks like he meant what he was saying too.. Another thing, why do you all think that Bush and Cheney are on the trail trying to discredit Obama... Because they knew the damage they did, and they don't want to go to prison for it.. I think they both planned to leave the country after their pillaging was over, but after it was all said and done, they didn't really want to, so now to be able to stay here, they have to discredit Obama..
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Liberals, don't fall for this stuff, give this man a chance and stop posting articles like this, the cons will post enough of them, without us helping them out!
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fiftynine4 months, 3 weeks ago
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Before bushboy left office it was predicted that unemployment would hit at least 10%,maybe higher...
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As engineer said,the right wants him to fail and no doubt will try everything they can do to bring that about..Look at the bushboys legacy and it seems that the right likes failure more than success.Nothing would hurt them more than to see Obama succeed...The unfortunate thing is that they will try to make it so he doesn't at the expense of our country.-
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orndorffter4 months, 3 weeks ago
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Fiftynine how true those words are you wrote , they would like nothing more then to see him fail but hes got a big surprise for all of them , he well Not Fail and it might take a little time but America well be back on her feet. Obama is doing everything possible and he well do it.
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And the ones who want to see him fail well be crying like bays because their wish didnt come true.
I have faith in Obama, I have seen him stay up all night working just to keep his promise that he made us. Bush never cared about one promise all he wanted was the name and the title that came with it. Bad boy Bush, Bad, he is the one who failed and failed his country and the People of America.
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Albmore4 months, 3 weeks ago
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I am not as worried am not so much worried about Obama's attempts to solve the financial problem as I am with his increase spending for his projects.
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I blame BOTH parties for the problem. Bush was in charge and we have had a dem.. corgress for 2 years when it hit.
I think most independent parties lean toward a conservative view in spending. This is what our country needs. Not more debt.They are usually more central on other issues. Vote in independents in 2010 and vote out the 2 party power house.-
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ChangeToday4 months, 3 weeks ago
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It is the spending that most people are worried about; inflation is very possible in the future and if that is the case, we could see another recession right after we get out of this one. But, the old saying is, you have to spend money to make money right?
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Pecossam4 months, 2 weeks ago
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ChangeToday,
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From the article:
"There is no doubt that former President Bush has a lot to do with these scenarios, but shouldn’ t we start to see some type of improvement. Not only have we NOT seen improvement, we have seen the downward trend in the economy accelerate."
I consider G.W. Bush and Obama (due to his encouragement) to be the "pyromaniacs" who started this "Fiscal Fire", with G.W. Bush's endorsement and signing-off on the initial T.A.R.P. bail-out late in 2008.
I consider Obama to be "THE ONE" who actually believed he could DOUSE this same "Fiscal Fire" by pouring GASOLINE on it; i.e., the "Stimulus Package", et al.
BOTH of these were (and are) the acts of two Socialistic Fiscal Fools. And the conflagration continues to consume Our Constitution and Our Nation.
GOD help us! -
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rimbaud4 months, 2 weeks ago
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The money-grubbers are frustrated by the dearth of easy money investment opportunities... it might be years before the equity I have in my house goes back up to equal the investment I made in it in the year 2000... now if I hadn't got so much cash out of it, by refinancing it so many times since then...
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automan9094 months, 2 weeks ago
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Bush tried to regulate Fannie and Freddie but the Democrats like Dodd and Barney Frank would not let him.
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The democrats felt that anyone should be able to buy a house regardless of their income and credit history.
Bush tried to prevent all of this.
Dems. stopped him.
That caused the housing crisis that we are in now.
Now Obama's biggest promise is about to be broken.
You know the one.
"If you make less than 250,000.00 a year your taxes will not be raised. Instead, you will get a check."
Now he wants a Federal tax on everything that you buy.
Liar liar pants on fire. -
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cleare4 months, 2 weeks ago
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so...you drive your car over a cliff and then expect to be back up and running in 5 months. i'd say that's unrealistic.
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it's also unrealistic to think we're going to solve the many debacles left by 30 years of republican imperialism in so short a time. in case it slipped anyone's notice, bush left one h!ll of a mess.
we'll be lucky if after 8 years of obama, and another 8 of clinton or biden, we'll have some of these problems sorted out. -
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calitennflo4 months, 2 weeks ago
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Employ wrong in getting virtuous and good as the result...and you will see Oboma continually fail, he started wrong, and all others will too, and partly due to two words, Hath and shewn, of the Declaration of Independence. Both words are archaic.
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Archaism, the use of a form of speech or writing that is no longer current .
http://en.wikipedia.org/wiki/Archaic
Words like Unvbuntu are not archaic...example (ref:)http://www.ubuntu.com/ -
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carlam244 months, 2 weeks ago
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The real problems started when Democrats took over Congress in 2006. They have no idea what they're doing. President Bush was doing a great job, and didn't need to be front and center of every magazine. He was doing his job, not posing shirtless for trashy magazines. After the Dems took over, Bush's hands were tied. They made him into a "Lame Duck" president, then proceeded to blame him for everything. Our family was doing fine while Conservatives were running Congress. Wake up America, before it's too late. We need to get Pelosi, Reid, Frank, and the Chicago mob out of office. Probably should do something about Obama too. He's in way over his head, and not a clue as to what to do.
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orndorffter4 months, 2 weeks ago
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Funny you say those augly words, you were all for it when he singed for weomen and equel pay oh I can go back and bring up more if you want, dont act like you are some sort of fan of Buses theres some comments I'm sure everyone would like to see. Things arnt hurring fast enough for you so you take different sides when one bases Buse so do you when one bashes Obama so do you, your just a two side face.
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tchef4 months, 2 weeks ago
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Oh yes he was doing a great job. Took this country from a surplus to record deficit, allowed the worst attack on our country since Pearl Harbor then let the perpetrator go free, then started another war based wholly on lies while outing a CIA operative because her husband disputed the lies.
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jbgiraffx-884 months, 2 weeks ago
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All the problems didn't just appear as if by magic overnite, idiots. They ramped up over years during the Bush administration. It'll take awhile for the fix to ramp up too. The global economy is a juggernaut. It doesn't turn on a dime. It's kind of like turning those bigass trailerhomes you live in. Don't all you right wing crazies go trying to wiggle out of your boss' screwups by blaming Obama after only a few months.
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drewboy604 months, 2 weeks ago
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CHRISTOPHER DODD and BARNEY FRANK sould be doing jail time.These two characters were largely responsible for the large number of foreclosures and yet they are not held accountable. It's easier to be ignorant and blame Bush. The Democrats don't care how their tax dollars are spent from what i see. Obama has done a lot of gum flapping and reckless spending.
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drewboy604 months, 2 weeks ago
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If i surrounded myself like Obama with brainless wonders such as Pelosi,Biden and Reid, anyone could look like a genius.It is dangerous to put so much faith in one person as you will usually get burned. I guess the abortion on demand paid by United States taxpayers is what makes this president so wonderful? Kill our own and let the illegals flow into the country at will.
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Skeptic4 months, 2 weeks ago
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Get a grip, Libs!
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The democrats have a substantial majority in the House and very close to a filibuster proof majority in the Senate. They can ram anything through that they want. They have shown that they can do this with the passage of the so-called stimulus bill, passed virtually unread and in violation of the House's own rules.
If they (the democrats) cannot get anything done it is because some of the democrats in the House and in the Senate are beginning to recognize that the party is being led by an inexperienced, incompetent buffoon in the White House that wants his programs jammed through without scrutiny. -
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cspezial4 months, 2 weeks ago
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I get a kick out of anyone who believes that the government can use our own money to help our own economy. They take taxes from us, then give it back as a "stumulus" package, all the while going deeper into debt, since the cost of running the country hasn't changed at all - the money has to come from somewhere, so our solution is to go deeper into debt. Obama is as worthless as Bush - not only is it about time the Repubs start to understand that Bush was a disaster, it is also time for the Dems to realize Obama is NOT the savior - he is just another corrupt politician, like all the rest. This is America - we have the best politicians money can buy! You know what will help our economy? MANUFACTURING. Let's get out there and produce something for ourselves, America, before just the idea of it becomes a "novel concept"... Buying American-made goods is also crucial. Lastly, we need to keep more of our money here, instead of sending it overseas to the Persian Gulf and Japan. Say what you want, those are the only ways to make our country strong again. If the U.S. was a small business, we would have been bankrupt or bought-out long ago.
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