Barack Obama, our next President

Barack Obama, our next President

There are 1457546 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.

“fairtax.org”

Since: Dec 08

gauley bridge wv

#1009561 Oct 23, 2013
What caused this unprecedented run on supposedly safe money markets?
On Tuesday, the once-$62.6 billion Reserve Primary Fund, a money-market fund, saw its value fall below $1 a share because of its investments in Lehman's short-term debt. Money-market funds, which yield a bit more than basic cash accounts by buying safe, short-term debt instruments, strive to keep their share prices at exactly $1 -- and "breaking the buck" isn't supposed to happen.
Money-market funds are where corporate treasurers put rainy-day funds, where sovereign wealth funds park their excess dollars and where Mom-and-Pop investors stash savings. Now, money-market funds were selling what they could and hoarding cash to meet what they thought might be extraordinary levels of redemptions from investors, said one commercial trading desk head.
Banks were also hoarding cash, too panicked to lend to each other or purchase any assets, for fear of taking on bad debt. Normally, financial institutions have about $2 billion on hand at any given time. By Thursday of last week, they had an unprecedented $190 billion, to prepare for further redemptions. In other words, the economy was on the precipice of a full-scale run on the banks - and not by worried depositors as in the 1930's, but by corporate investors.
Through Wednesday, money-market fund investors -- including institutional investors such as corporate treasurers, pension funds and sovereign wealth funds -- pulled out a record $144.5 billion, according to AMG Data Services. The industry had $7.1 billion in redemptions the week before.
Without these funds' participation, the $1.7 trillion commercial-paper market, which finances automakers' lending arms or banks credit-card units, faced higher costs. The commercial-paper market shrank by $52.1 billion in the week ended Wednesday, according to data from the Federal Reserve, the largest weekly decline since December.
Without commercial paper, "factories would have to shut down, people would lose their jobs and there would be an effect on the real economy," says Paul Schott Stevens, president of the Investment Company Institute mutual-fund trade group.
Treasury Secretary Henry Paulson conferred with Federal Reserve Chairman Ben Bernanke, who agreed that the problem was beyond the scope of monetary policy. The Federal government was the only entity large enough to step in and stop the madness. Without it, as Paulson was overheard to comment, "Heaven help us all." (Source: WSJ, Shock Forces Paulson's Hand, September 20, 2008)

Since: Nov 11

Naperville, IL

#1009562 Oct 23, 2013
Democrats - working hard to legalize marihuana and criminalize cigarette smoking.

Marihuana ten times worst than nicotine but who care we are dealing with idiots.
USA GETTING MORE EVIL

Louisburg, NC

#1009563 Oct 23, 2013


The Drunk: Joe Biden drunk singing gaffe Obama vice president

Since: May 11

Newville, PA

#1009564 Oct 23, 2013
flack wrote:
<quoted text>Updated July 28, 2009
A run on money markets in the Fall of 2008 signaled the credit crisis that led to the current recession. The money market run triggered the bank bailout bill. Congress approved the bill to pay as much as $700 billion to bail out investment banks who purchased mortgage-backed securities that were in danger of defaulting. The money market run showed just how close the global economy was to a catastrophic meltdown.
On September 17, 2008, a record $140 billion was pulled out of money-market accounts, usually considered the safest of investments. That's because investors were moving the funds to U.S. Treasuries, causing yields to drop to zero. In other words, investors were so panicked that they no longer cared if they got any return on their investment...they just didn't want to lose capital.
As described in Saturday's Wall Street Journal:
Huddled in his office Wednesday with top advisers, Treasury Secretary Henry Paulson watched his financial-data terminal with alarm as one market after another began go haywire. Investors were fleeing money-market mutual funds, long considered ultra-safe. The market froze for the short-term loans that banks rely on to fund their day-to-day business. Without such mechanisms, the economy would grind to a halt. Companies would be unable to fund their daily operations. Soon, consumers would panic.
Don't tell me you are arguing Dumbwaiter's position that all was peachy until that day.

Since: May 13

Location hidden

#1009565 Oct 23, 2013
Microsoft put Vista out there to improve an operating system already in existence. It was a disaster. They sold computers and a printers that weren't compatible and software that never worked right.
They eventually fixed it.
Microsoft didn't get out of the computer business.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1009566 Oct 23, 2013
Facts:
We paid Obama's programmers to write software for the Healthcare.gov website for 4 years.
The programmers we paid to write the software stole the software instead.
The programmers we paid to write the software that stole the software we paid them to write attempted to destroy evidence of their crime by deleting references to the copyright in the code of the software they stole.
The programmers we paid to write the software they stole were so inexperienced and ignorant, they didn't know software developers put software bombs in their software to protect themselves from thieves like Obama who will steal their software.
When the programmers deleted the references to the copyright for the software they stole, they started setting off the software bombs within the software they stole.
These software bombs the programmers were so ignorant they didn't even know software developers use them are going off and causing the ObamaKare website to crash.

Now, what should we do?
Should we continue to pay these ignorant and inexperienced programmers to find these software bombs they were so ignorant they didn't know existed?

Obama predictably says yes, continue to pay these incompetent programmers.

The solution is to start over. Load the software Obama stole as it was intended to be loaded. That will fix all the problems.

“fairtax.org”

Since: Dec 08

gauley bridge wv

#1009567 Oct 23, 2013
RealDave wrote:
<quoted text>
Don't tell me you are arguing Dumbwaiter's position that all was peachy until that day.
How about you read the articles before you spout your usual bullshit.
USA GETTING MORE EVIL

Louisburg, NC

#1009568 Oct 23, 2013
Steve Bridges as President Obama - August 2011

USA GETTING MORE EVIL

Louisburg, NC

#1009569 Oct 23, 2013
Obama White House Correspondents Dinner, April 27, 2013

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1009570 Oct 23, 2013
Emeem wrote:
Microsoft put Vista out there to improve an operating system already in existence. It was a disaster. They sold computers and a printers that weren't compatible and software that never worked right.
They eventually fixed it.
Microsoft didn't get out of the computer business.
Microsoft put Vista out there to take advantage of a market that wanted to pay less for an operating system than they would have to pay for the Windows standard.
This lower cost operating system had a lower development investment in money and resources than the Windows standard.
As a result of the lower investment, it performed poorly. Most people who used Vista decided to spend the money to upgrade the the Windows standard, which was Microsoft's original intent.
Microsoft didn't get out of the computer business.

Now, back to the issue of Obama stealing the software for his Healthcare.gov site and it crashing all the time because they tried to destroy the evidence of the crime.
USA GETTING MORE EVIL

Louisburg, NC

#1009571 Oct 23, 2013


Klayman calls for non-violent revolution -- World War II Memorial, Sunday, October 13, 2013

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1009572 Oct 23, 2013
PDUPONT wrote:
<quoted text>
I'm going to repeat this again nitwit since it hasn't penetrated your thick skull yet;
The ACA was built from a blueprint drawn by the conservative Heritage Society.
It's less radical than the plan proposed by Richard Nixon and almost identical to the one proposed by Bob Dole.
It's virtually identical to the law enacted by Mitt Romney in Massachusetts.
The only reason that the Republicans are so against it is because it was passed by the Democrats and signed into law by Barack Obama, the president they took a, blood oath to block and obstruct.
So much for your unsubstantiated subjective bullshit...

The execution of ObamaKare is Machiavellian, giving subjective authority to "the Secretary" to decide... everything... without any standard to comply with written into the law.
The principle application of ObamaKare is so Marxist, it could have been written by Karl Marx himself. The bottom line is, ObamaKare does not distinguish between a crackwhore and anyone who works their entire life to support their family and increase their living standard... with the sole exception of who pays for every goddam thing.

If you don't know the details written in the text of ObamaKare, all you have to do is look at the fact that every Democrat in Washington hates it and don't want ObamaKare anywhere near them.

That's all you need to know to form the conclusion that we need to get rid of that Marxist bullshit law.

If Congress had to abide by ObamaKare, it would be gone tomorrow.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1009573 Oct 23, 2013
RealDave wrote:
<quoted text>
So, you are telling me that the financial system in our country was just peachy & then, in one day, it got to the point where the President said we needed 750 billion or face a meltdown.
This is how GD stupid you are.
Housing slide started in 2006. The financial near meltdown started long before Sep of 2008.
The recession started 4th quarter 2007. You can't name a single piece of legislation the Democrats passed in the first 9 months of 2007 that created this recession.
Two years was Jan of 2009. Half the bail out money was already spent. Employment losses from the recession was peaking,
You use two years to try to make it seem, like the Democrats had been charge long enough to create these problem.
I have news, Mr Subsidized moocher, these problems started & fomented under the Bush administration with every department of the federal government run by a Republican.
"Housing started to slide...."
You write as if this is the first time in history housing started to slide. Housing starts go up and down routinely.
What happened was, the Democrats' Marxist CRA program caused a fraudulent demand for housing not supported by the economy.
Here is a link where you can read quotes from Democrats negotiating with Republicans for no effective oversight of their Marxist CRA program:
http://online.wsj.com/news/articles/SB1222905...

Democrat senators voted for the war in Iraq.
Sens. Akaka (D-HI), Bingaman (D-NM), Boxer (D-CA), Byrd (D-WV), Conrad (D-ND), Corzine (D-NJ), Dayton (D-MN), Durbin (D-IL), Feingold (D-WI), Graham (D-FL), Inouye (D-HI), Kennedy (D-MA), Leahy (D-VT), Levin (D-MI), Mikulski (D-MD), Murray (D-WA), Reed (D-RI), Sarbanes (D-MD), Stabenow (D-MI), Wellstone (D-MN), and Wyden (D-OR).

There's a connection here, dumbass.

The Democrats didn't turn against the war in Iraq until there was nothing left for the Republicans to give them.

The Democrats' Marxist CRA program collapsed the economy after two years oversight (fuck you) by Democrats Dodd and Frank, from whom we heard a constant stream of lies right up to the collapse.
Coincidentally, the institutions that caused the collapse gave more money in bribes to Dodd than any other member of the entire Congress. Second was Obama.
After Obama was named president, these same institutions were reimbursed for far more than their losses due to the economic collapse they caused.

Since: May 13

Location hidden

#1009575 Oct 23, 2013
DBWriter wrote:
<quoted text>
Microsoft put Vista out there to take advantage of a market that wanted to pay less for an operating system than they would have to pay for the Windows standard.
This lower cost operating system had a lower development investment in money and resources than the Windows standard.
As a result of the lower investment, it performed poorly. Most people who used Vista decided to spend the money to upgrade the the Windows standard, which was Microsoft's original intent.
Microsoft didn't get out of the computer business.
Now, back to the issue of Obama stealing the software for his Healthcare.gov site and it crashing all the time because they tried to destroy the evidence of the crime.
Spin.
Vista was the "Windows standard". It didn't crash because of an internal bomb.
Microsoft found the problem and fixed it. That's life in the software business. That's why we get regular upgrades.
Now, back to Obamacare.
Obamacare will be fixed. Sorry to disappoint you.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1009576 Oct 23, 2013
Emeem wrote:
<quoted text>
Spin.
Vista was the "Windows standard". It didn't crash because of an internal bomb.
Microsoft found the problem and fixed it. That's life in the software business. That's why we get regular upgrades.
Now, back to Obamacare.
Obamacare will be fixed. Sorry to disappoint you.
What planet do you live on?
Windows 2000 and XP were the Windows standard, you dumbass. Vista was nothing more than an upgrade for the low-level Windows Me operating system, which was the low-cost alternative for Windows 2000.

Just how ignorant are you?
No Surprize

Saint Petersburg, FL

#1009577 Oct 23, 2013
Emeem wrote:
<quoted text>
Spin.
Vista was the "Windows standard". It didn't crash because of an internal bomb.
Microsoft found the problem and fixed it. That's life in the software business. That's why we get regular upgrades.
Now, back to Obamacare.
Obamacare will be fixed. Sorry to disappoint you.
Obamakare is a Trojan horse...

It's the culture...
forks_make_us_fa t

Norman, OK

#1009578 Oct 23, 2013
Good morning all...

For my King...

"Sebelius: Obama Did Not Know About Obamacare Website Glitches"

http://www.realclearpolitics.com/video/2013/1...
Voluntarist

United States

#1009579 Oct 23, 2013
Emeem wrote:
<quoted text>
Spin.
Vista was the "Windows standard". It didn't crash because of an internal bomb.
Microsoft found the problem and fixed it. That's life in the software business. That's why we get regular upgrades.
Now, back to Obamacare.
Obamacare will be fixed. Sorry to disappoint you.
Regardless, what is the objective of oblama care?
sonicfilter

Indianapolis, IN

#1009580 Oct 23, 2013
the gift that keeps on giving...

GOP And Tea Party Unfavorability At Record Highs: Poll

Unfavorable ratings for both the Republican Party and the tea party have ticked up to record highs, according to a CNN/ORC poll released Tuesday evening.

Sixty-four percent of Americans view the Republican Party unfavorably, and 56 percent view the tea party unfavorably. Both are all-time highs in CNN's polling, although in each case, it's only a 2-point increase from a survey taken Sept. 27 through 29.

http://www.huffingtonpost.com/2013/10/22/gop-...

Obamacare what?

thank you Tea Party.
forks_make_us_fa t

Norman, OK

#1009581 Oct 23, 2013
Emeem wrote:
<quoted text>
Spin.
Vista was the "Windows standard". It didn't crash because of an internal bomb.
Microsoft found the problem and fixed it. That's life in the software business. That's why we get regular upgrades.
Now, back to Obamacare.
Obamacare will be fixed. Sorry to disappoint you.
"obamacare will be fixed."

just like
hunger
housing
environment
vagina's
unwanted pregnancy
jobs
equality
border security
race relations
retirement

Liberals are full of shit...

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