Obama says U.S. economy sound; reassures investors

Sunday 15th March, 02:28 AM JST

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SuperLib at 12:44 PM JST - 15th March

smithinjapan: Anyway, good on Obama. I don't believe any investment in the US is sound, and the Chinese are justified in their concern

So you don't believe him but you're happy he said it?
smithinjapan at 12:53 PM JST - 15th March

SuperLib: I'm happy he's upbeat about things, and I believe his attitude is part of what's going to help your country get through. He's not using fear, like his predecessor, he's using hope. That doesn't mean I don't believe in HIM because I don't believe investments in the US in general are not necessarily sound.
rollonarte at 12:54 PM JST - 15th March

Steep, steep markdowns on Obama t-shirts and clothing at Amazon.com
USARonin at 12:57 PM JST - 15th March

SmithinJapan, if you had access to the US media you'd see President Obama is on the telly daily usin' 'fear' to push his agendas. Daily, my friend.

"Hurry and do this now - now - or else..."

And you say Americans have political tunnel vision. Right.
TexasAggie at 01:09 PM JST - 15th March

But, but, but .... the world looooves Obama. The leftists said so. So in name of global harmony, the Euros and the Canadians should be lining up to match Washington’s $787 billion porkulus package of spending and tax cuts. I'm sure the non-Americans who post at this site and get all "excited" when Obama speaks won't have a problem with their governments doing just that.
rollonarte at 01:10 PM JST - 15th March

I'm just trying to recall the names and labels McCain was given during the campaign when he assured the country that the economy's fundamentals were strong.
apecNetworks at 01:15 PM JST - 15th March

Pres. Obama is doing what has to be done and the economy seems ok, although I have seen some disturbing things locally. Japan and the PRC have been working to stabalize their respective economies. They, as well as others will cooperate w/ the US to resolve the economic turmoil.

I think if people keep their cool in this crisis and keep tensions down, things can be worked out.
TexasAggie at 01:21 PM JST - 15th March

President gloom-and-doom was shrieking about how the economic sky was falling all through the campaign and after he entered office...

Now, he proclaims that the U.S. economy is OK.

Will the real Barack Hussein Obama please stand up.
USARonin at 01:29 PM JST - 15th March

Two days ago, I was channel surfin' and came across what looked like President Obama in a sit-down presidential photo op where he said he "inhaled a lot" in relation to his drug abuse history.

Was he president when he said that, or was this before?

They say he smokes at the White House. What're all the substances he's smokin'? Maybe it's interferin' with his thought processes.

-Just a thought.
apecNetworks at 01:35 PM JST - 15th March

Would anyone know if the US West Coast's economies are worst off than, say, the East Coast?
Sarge at 01:50 PM JST - 15th March

Smith... You can't have it both ways. You can't say that you don't think any investment in the U.S. is sound, AND say that you don't think the Chinese are idiots for investing billions in the U.S.
smithinjapan at 01:56 PM JST - 15th March

sarge: Clearly, you're mincing words. I said the Chinese are right to be worried, because the investment in the US is not sound. What's more, you have completely eliminated the pressures put on countries like China and Japan to 'lend' money to the US. A person is not necessarily an idiot for giving someone money when they have a gun to their head, literally or figuratively.

This is not a game of 'black and white', sarge, so stop trying to play it that way and get with the program.
smithinjapan at 01:59 PM JST - 15th March

rollonarte: "I'm just trying to recall the names and labels McCain was given during the campaign when he assured the country that the economy's fundamentals were strong."

Trying to recall the names McCain was given, or the handle you gave yourself back then?

Huge differences between Obama and McCain, my friend, not the most of which is that the former beat the latter into the ground in the election. Some of you still fail to acknowledge that fact.
SuperLib at 04:27 PM JST - 15th March

smithinjapan: That doesn't mean I don't believe in HIM because I don't believe investments in the US in general are not necessarily sound.

What?
Badsey at 04:39 PM JST - 15th March

Logically it doesn't make sense:

Why would you be saying your "economy is sound" when it already is? = Clearly it is not.

Not as bad as Japan saying they will not be affected by this financial bubble --> When they would clearly be (and severely).

It seems you have grade-schoolers running the financial systems these days. But even most grade-schoolers can see right thru their double-speak. = Bad news financially = Gov will print more money.