Barack Obama, our next President

Barack Obama, our next President

There are 1618211 comments on the Hampton Roads Daily Press story from Nov 5, 2008, titled Barack Obama, our next President. In it, Hampton Roads Daily Press reports that:

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...

Join the discussion below, or Read more at Hampton Roads Daily Press.

JEB

Studio City, CA

#669016 Jun 24, 2012
It was at the height of the 1980s buyout boom when Mitt Romney went in search of $300 million to finance one of the most lucrative deals he would ever manage. The man who would help provide the money was none other than the famed junk-bond king Michael Milken.

What transpired would become not just one of the most profitable leveraged buyouts of the era, but also one of the most revealing stories of Romney’s Bain Capital career. It showed how he pivoted from being a relatively cautious investor to risking his reputation for a big payoff. It is one that Romney has rarely, if ever, mentioned in his two bids for the presidency, perhaps because the Houston-based department store chain that Bain assembled later went into bankruptcy.

But what distinguishes this deal from the nearly 100 others that Romney did over a 15-year period was his close work with Milken’s firm, Drexel Burnham Lambert Inc. At the time of the deal, it was widely known that Milken and his company were under federal investigation, yet Romney decided to go ahead with the deal because Drexel had a unique ability to sell high-risk, high-yield debt instruments, known as “junk bonds.”

The Obama campaign has criticized the deal as showing Romney’s eagerness to make a “profit at any cost,” because workers lost jobs, and challenged Romney’s assertion that his business background best prepares him for the presidency. Romney, meanwhile, once referred to the deal as emanating from “the glorious days of Drexel Burnham,” saying,“it was fun while it lasted,” in a little-noticed interview with American Banker magazine.

The “glorious” part, for Romney at least, was that he used junk-bond financing to turn a $10 million investment into a $175 million profit for himself, his partners, and his investors. It marked a turning point for Romney, according to Marc Wolpow, a former Drexel employee who was involved in the deal and later was hired by Romney to work at Bain Capital.

“Mitt, I think, spent his life balanced between fear and greed,” Wolpow said.“He knew that he had to make a lot of money to launch his political career. It’s very hard to make a lot of money without taking some kind of reputational risk along the way. It’s just hard to do. It doesn’t mean you have to do anything illegal or immoral, but you often have to take reputational risk to make money.”

So it was that Romney decided to rely on a man and a company in the thick of one of the most intensive investigations ever undertaken by the Securities and Exchange Commission.

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Frank

Spokane, WA

#669017 Jun 24, 2012
cway wrote:
<quoted text>
No generalizations in my post whatsoever.
From January, 1981 to January, 2009, the national debt went up from .9 trillion to 11.4 trillion. An increase of 10.5 trillion.
Where's the generalization?
During that period, we had one Democratic president, Clinton, who contributed only 1.6 trillion to that 10.5 trillion expansion.
Where's the generalization?
Yes, Congress controls the pursestrings. And Republicans have had their share of control over Congress.
So please. No obfuscating of the hard facts.
The era of big spending came in with Reagan and his GOP successors.
It took 28 years to increase the debt by 10 trillion and Obama increased it by 5 trillion in three and a half years. What is your point? Republicans have only had control of Congress for a few years in the past eight decades and still only have some control of one forth of the government after major gains in 2010. The House can only only control a very little without help from The Senate,The Executive Office or the Court,all have more control over mandates and requirements than the (peoples) House.

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Frank

Spokane, WA

#669018 Jun 24, 2012
cway wrote:
<quoted text>
Regardless of anything Obama may say, this is a Bush Recession. 500,000 jobs lost per month in the final three months of his second term.
Or are you making the case that the day before Obama took the oath of office, the economy was healthy and vibrant?
You can't be this stupid.
People like Barney Franks and Chris Dodd had decades to rob the tax payer long before Bush took office.

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Frank

Spokane, WA

#669019 Jun 24, 2012
And so it goes wrote:
<quoted text>
You are slipping already. The only unnecessary spending you can think of is military?
National Defense is the only necessary spending required by the central government and our Constitution.

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Jean

Highland, NY

#669020 Jun 24, 2012
Frank wrote:
<quoted text>National Defense is the only necessary spending required by the central government and our Constitution.
WTF you talkin about bobo? What about nationbuilding? IN IRAQ for just one example....
GOP LESS EVIL

Smithfield, NC

#669021 Jun 24, 2012
The Source of Mexican Drug Lords’ Guns Revealed
Posted on October 2, 2010 by Robert Farago
U.S. President Barak Obama, Mexican President Philipe Calderon, The Mayors Against Illegal Guns and their gun control allies would have you believe that Mexican drug lords are arming themselves with weapons smuggled across the American border. In a recent post, the Brooking Institute pegged the number of guns crossing the border without proper papers at a highly implausible 730,000 weapons per year. Note:“without proper papers.” It’s entirely credible that the Mexican drug lords are getting their U.S. guns after they enter Mexico legally ...
In other words, the criminals are commandeering weapons sold/given to the Mexican authorities, many if not most by the United States government. Here’s some evidence supporting this less politically palatable theory, via borderlandbeat.com :
CHIHUAHUA, Chihuahua –Around 02:00 on the morning of Monday, September 27, at least 6 men dressed in CIPOL state police uniforms with tactical gear & riding in a white Dodge Ram entered the State Security Complex (CIPOL compound) & raided the arsenal.
The group entered by the main (south) entrance. They first took control of the radio room. In the process, they disarmed 5 guards & handcuffed their hands & feet (one news source said it was 2 police & 3 security guards).
The commando then entered the arsenal after breaking 2 locks to get through the steel doors. They took 43 H&K G36 assault rifles (.223 caliber), 26 9mm pistols, bulletproof vests & grenades.
They left the way they came with no resistance. Official reports admitted there was insufficient security for the complex.
It was also apparent from how the commando conducted their operation that they knew how to enter the complex, how to access the radio room & where the arsenal was located.
Look for this story to appear in the dictionary under “inside job.” Meanwhile, our gun-savvy readership is sure to recognize the Heckler & Kock G36 as an ill-fated German-made weapon that fires 5.56x45mm NATO ammo. The U.S. Capitol Police and the Baltimore Police Department are the only U.S. agencies that adopted the rifle. Mexico ordered an unspecified number for their law enforcement agencies, but their army passed.
So we can assume that these guns did not come from the U.S. arsenal. As for the 9mms and grenades, who knows? Who cares? The country of manufacture of the “stolen” weapons is not important. What’s notable here: the guns were transferred from official to unofficial hands without a fight.
I’d bet dollars to frijoles that this is the way Mexican drug lords have armed themselves: with [mostly] American-made guns purchased/stolen from various local law enforcement or military agencies.
In fact, I’d like to know how many of those much publicized 19,000 U.S.-made guns traced by the Bureau of Alcohol, Tobacco and Firearms (ATF) at the request of the Mexican government were legally sold to Mexican law enforcement or military authorities.
Come to think of it, if the whole of Mexico has been corrupted by the drug lords, why would the Mexican federales even bother asking the ATF to trace guns? Shouldn’t they just ... disappear? An anonymous commentator gets it spot on.
Here we go again. As usual once the action is over 500 Fed troops show up to “secure the scene”
http://www.thetruthaboutguns.com/2010/10/robe...

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GOP LESS EVIL

Smithfield, NC

#669022 Jun 24, 2012
[Mexican President] Calderon is trying to do away with local police and install a state system which could possibly improve the quality of law enforcement.
Nature abhors a vacuum. As the drug lords seize power on the local level, the Mexican military is moving in. In some senses, they have to. The local and state governments have lost to the drug kingpins. In other senses, they want to. Hence el Presidente’s insistence that the gun problem is America’s fault.
The Mexican President is no doubt afraid that the drug lords could use any perceived tension between the Mexican military and local law enforcement (i.e.“the people”) to paint themselves as anti-federal revolutionaries. A thought which is probably gaining ground, despite (or because of) the news blackout.[NB: chihuahuapost.com editor and journalist Rafael Armando Muro first filed this report. He was executed in a car wash just hours later.]
In any case, it’s highly unlikely that U.S. gun stores are the source of weapons used by the Mexican drug lords. U.S. efforts to stem the flow of American gun to Mexican criminals—such as the ATF’s recent $37.5 million funding for seven new field offices—are not entirely misplaced. Only mostly.
http://www.thetruthaboutguns.com/2010/10/robe...

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Jean

Highland, NY

#669023 Jun 24, 2012
Nobama wrote:
Moochelle plans luxury vacation at London Olympic games....
let the taxpayers eat cake...
Laura Bush arrived at the Torino Olympics with a rooting interest.

The first lady led the U.S. delegation at Friday's opening ceremonies and was looking forward to watching fellow Texan Chad Hedrick begin his bid for the first of five gold medals in speedskating.

"I hear he's a favorite, and he's a favorite of mine," Mrs. Bush said. "And so I'm really excited about it."

Read more: http://www.foxnews.com/story/0,2933,184497,00...
Genie

Stratford, CT

#669024 Jun 24, 2012
Jean wrote:
<quoted text>
WTF you talkin about bobo? What about nationbuilding? IN IRAQ for just one example....
I hear a dead bobo whining from a cemetary for vile beasts.
Jean

Highland, NY

#669026 Jun 24, 2012
Nobama wrote:
Moochelle plans luxury vacation at London Olympic games....
let the taxpayers eat cake...
Republican men are such coffee clatcher old biddies..Makes your skin crawl....

Scandal: Michelle Obama Follows Olympic Tradition

June 22, 2012 5:11 pm ET by Ben Dimiero

In what most sane people would consider non-controversial news, the White House announced today that first lady Michelle Obama will be leading the U.S. delegation at the Opening Ceremony of the 2012 London Olympics. Conservative bloggers, whose coverage of the first lady never strays from the simple equation "Michelle Obama + anything = bad," have already gotten to work on embarrassing themselves over the story.

At his Gateway Pundit blog, Jim Hoft complains that the Obamas are "hijacking the Olympics." At Weasel Zippers, "ZIP" mocks Michelle Obama as the "Underexposed First Lady" and presents this latest news as evidence of her supposed narcissism, declaring, "All Mooch, all the time."

Their attacks might (barely) rise to the level of "vaguely coherent" if it were unprecedented for the first lady to lead the U.S. delegation at the Olympics, but, as the AP notes, it's "become somewhat of a tradition for first ladies to lead the U.S. delegation." Laura Bush led the U.S. delegation at the 2004 Olympics and Hillary Clinton led the U.S. delegation at the 1994 games.

Had Michelle Obama not led the delegation, it would not be hard to imagine these same bloggers attacking her for breaking an honored patriotic tradition because of Alinsky tactics and socialism and Bill Ayers.

In his post about this, Hoft writes of the Obamas, "They're everywhere." I swear, sometimes it's like they think they're the president and first lady of the United States. "

"
Jean

Highland, NY

#669027 Jun 24, 2012
Nobama wrote:
Moochelle plans luxury vacation at London Olympic games....
let the taxpayers eat cake...
Laura Bush led the U.S. delegation at the 2004

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Nobama

United States

#669028 Jun 24, 2012
Jean wrote:
<quoted text>
Laura Bush arrived at the Torino Olympics with a rooting interest.
The first lady led the U.S. delegation at Friday's opening ceremonies and was looking forward to watching fellow Texan Chad Hedrick begin his bid for the first of five gold medals in speedskating.
"I hear he's a favorite, and he's a favorite of mine," Mrs. Bush said. "And so I'm really excited about it."
Read more: http://www.foxnews.com/story/0,2933,184497,00...
bobo Jean from Queens robo-posting from Beth David cemetery in Elmont...

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Level 1

Since: Dec 10

Location hidden

#669029 Jun 24, 2012
And so it goes wrote:
<quoted text>
Bandow writes for Antiwar.com
So?

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Level 1

Since: Dec 10

Location hidden

#669030 Jun 24, 2012
shinningelectr0n wrote:
<quoted text>
Your target audience is the shithouse wall, dood.
Anybody who knows history knows that anyone comparing a horse-and-wagon economy with a Hi-speed digital one is a jerk.
First rule of holes:

When you find yourself in one, stop digging.

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Florida

Tampa, FL

#669031 Jun 24, 2012
Tenzing wrote:
<quoted text>
So?
It's the culture...

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Level 1

Since: Dec 10

Location hidden

#669032 Jun 24, 2012
Florida wrote:
<quoted text>Then don't post your sellout garbage you truthful piece of shit...
-
Detzing Nuculur Post #631439:- You really are from WVA!! Proof is that you don't even realize when you're being mocked for your ignorance. But hey, you gots a CDL!! That makes you a moron among men!!
Bigotry and Hate... It's the culture...
... and that wasn't me.

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Level 1

Since: Dec 10

Location hidden

#669033 Jun 24, 2012
And so it goes wrote:
<quoted text>
Maybe you need to familiarize yourself with Rubio's act.
Why?

He's already shelved it.

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sonicfilter

Fishers, IN

#669034 Jun 24, 2012
So sorry FOXbots.

Rep. Darrell Issa, chairman of the House Oversight Committee, said there is no evidence that the White House was involved with a cover-up of the Fast and Furious scandal on “Fox News Sunday.”

http://livewire.talkingpointsmemo.com/entries...

So other than the speculation of a few dozen right wing bloggers, there is no evidence.

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“My Life Is A Shell Game”

Level 4

Since: May 07

Lapeer, MI

#669035 Jun 24, 2012
GOP LESS EVIL wrote:
Is Machete Control Next, Justice Breyer? Gun Control Not Enough?
February 14, 2012 By Kevin "Coach" Collins 12 Comments
inShare.7
It took five days for the news to finally get out because the leftist media didn’t know how to spin it, but they did. Last Thursday, gun control extremist Supreme Court Justice Stephen Breyer, his wife, and guests were robbed at machete point inside their own home.
The irony of this incident is that despite having some of the toughest and most draconian gun control laws in the Western Hemisphere since 2008, St. Kitts/Nevis has been on The State Department’s travel advisory list warning Americans who must go there not to walk alone at night.
St. Kitts/Nevis, a nation whose gun control laws are the stuff of Justice Breyer’s dreams come true, is a very dangerous place, and its crime statistics prove that its gun control laws are a crashing failure. Since 1997, when the island nation adopted the Organization of American States blatant attack on the rights of self-defense with its Inter-American Convention against the Illicit Manufacturing of and Trafficking in Firearms, Explosives, Ammunition and Other Related Materials, St Kitts/Nevis has become a very dangerous place.
From 2000 to 2009 (the most recent data available), homicides by guns have risen from 3 to 27. During the same period the homicide rate by all methods has skyrocketed from 6.52 to 51.92 per 100,000 people.
They not only “track” guns but account for every single bullet, and yet they forgot about “machete control.” They apparently think that guns kill people as opposed to people kill people.
District of Columbia v. Heller
In the landmark victory for self-defense through the exercise of our Second Amendment rights, a 5 to 4 Supreme Court majority held that keeping a gun in your home for purposes of self-protection against someone who would kick down your door and rob you with a weapon – say a machete – was legal. Breyer voted against affirming that right.
There is an old saying that comes to mind in this situation,“A conservative is a liberal that has been mugged.” Breyer of course will not change. People like him with their support for rendering American court decisions using foreign laws–why not, his wife is British subject–will never change. Nevertheless, this episode reminds us once again of how blind liberals are to the truth. Maybe Breyer will call for machete control here and in his adopted homeland.
Ronald Reagan had this one about right. He once said,“Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn’t so.”
“A conservative is a liberal that has been mugged.”

Love it.

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sonicfilter

Fishers, IN

#669036 Jun 24, 2012
Fox's Juan Williams Calls Out His Employer On Editing Obama: "I Don't Think That Video Properly Describes His Position"

http://mediamatters.org/mmtv/201206230003

MSNBC commiserates.

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