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Obama swipes at GOP while pitching aid for small businesses

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Obama is pitching for small businesses while Senator Judd Gregg is fighting efforts to help small businesses with money collected from TARP. I thought helping small businesses was the republican mantra.

I think it's more of being against anything that Obama wants. Even if it hurts the small businesses. Aw-w-w the party of no. < :-)

http://www.unionleader.com/article.aspx?headline=Gregg+skewers+OMB+director+about+TARP+funds&articleId=f779aa6e-a28f-462c-ae6a-93c9d6762642

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Obama made a play for bipartisanship,

Seriously, is anybody fooled? We've all seen the Democrats' concept of bipartisanship. They demonstrated it once again during the health care negotiations, when they killed Republicans submissions that they and their sycophants later claimed never existed:

http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=139708

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Cool, while I'd prefer non-partisan discussion I'll settle for some words in favor of bipartisanship.

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Wow WhiteHawk, you don't want Obama to work with the republicans? Are you so against Obama you want the republicans and the democrats to fight like cats and dogs and make no gains for the country? < :-)

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The $30 billion in loan financing would come from money repaid by big banks that got help from the $700 billion Troubled Asset Relief Program, the vastly unpopular bailout for those on Wall Street whose actions led to the economic downturn.

Does a man who claims to be a Constitutional scholar really say this? I mean, a first year law student would know its an unconstitutional abuse of authority. The President or the Treasury doesn't just shift money from one program to another. Only congress has the authority to do this. I don't even know why its being suggested, other then as a soundbyte.

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Wow WhiteHawk, you don't want Obama to work with the republicans?

Haha, nice try.

I'm saying he's being dishonest about his intentions. He does not want to work with the Republicans, he wants the Republicans to work for him. If he wanted to see true bipartisanship, he would be telling Pelosi to be more bipartisan.

As is shown by the link I provided above, Republicans submitted positive, sensible recommendations to Pelosi's Health care "reform" plans, and they were rejected outright. Only for Obama, Pelosi, and like-minded Leftists all over the internet to claim that the submissions never existed, or were rejected by "independent analysts", both of which are entirely untrue. Not that it matters, as Democrats only have themselves to blame for not getting their legislation passed, since Republicans had only 40 seats (less, when you consider the vulnerability of Snowe and other RINOs) and didn't have the White House. But still they try to blame Republicans...

Does anyone remember when Obama said: "But I don't want the folks who created the mess to do a lot of talking. I want them to get out of the way so we can clean up the mess. I don't mind cleaning up after them, but don't do a lot of talking."

http://www.breitbart.tv/obama-dont-want-the-folks-who-created-the-mess-to-do-a-lot-of-talking/

Obama, you're a two-faced fraud.

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What is wrong with people?!?! Think for a change!!!

Most Americans don't have health care. This means people who work hard to care for their families and still can't afford health care.

A lot of people can't afford a decent education for their kids. This hurts communities, and will contribute to the decline of America's ability to compete globally.

A lot of people out there work more than one full time job just to afford decent housing and food. And many of them are doing all they can to get by but opportunities are few and far between. And for many there have been no opportunities.

These people are suffering while the government argues and points fingers at each other. These are not statistics! These are people, men, women, children who are the future of our nation.

Now is it more important that we take a Democratic or Republican stance or is it more important that we get the necessary work done.

My country has become as polarized as it was before the Civil War with two sides that cannot be reconciled and a nation incapable of moving forward to address the very real problems we face.

Will it take another civil conflict to break this stupidity gripping politics at home?

Stop the partisain BS and get on with solving problems. The voters should forget about parties and start voting for people who are serious about doing something to make the nation and economy better!!!

Whitehawk you personify the kind of partisan BS that is killing our nation. How about coming up with some solutions instead of sitting back and pointing fingers. We are tired to death of the political nonsense and ready for some real change. Step up with some real answers or sit down and shut up.

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"Obama made a play for bipartisanship..."

... and then just days later...

"...U.S. President Barack Obama unleashed bare-knuckled criticism against opposition Republicans"

That just about sums up President Obama. Oh, and he spends a lot too.

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Wolfpack. Same challenge mate. You like deadlock and inaction? Is that the "Anti-Obama" agenda?

What about what people need to have happen to improve things? What about the people?

Put down the partisan BS and offer up some solutions if you don't like what is on the table. Just stonewalling is irresponsible and outright bad for the people of our country! Put up or shut up!

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tkoind2:

Most Americans don't have health care.

That's completely false. 47 million (if that's even true) is not "most" of 310 million. It's barely 15%.

Whitehawk you personify the kind of partisan BS that is killing our nation.

How, by pointing out the partisan BS the President and Speaker of the House are practicing? Hey, don't shoot the messenger pal!

How about coming up with some solutions instead of sitting back and pointing fingers.

Would you follow the link I provided in my first post on this thread before criticizing me? It would make you look less foolish. It contains a long list of valid, common-sense solutions offered that were by Republicans, only to be killed by Democrats, usually Speaker Pelosi.

We are tired to death of the political nonsense and ready for some real change.

So am I, that's why I want Obama and Pelosi to at least do what they say, or even better, to do what's right. But no, they are insisting on going the partisan BS route.

Step up with some real answers or sit down and shut up.

Again, follow the link in my first post on this thread. But then you might find out how wrong you've been, and then you wouldn't be able to keep blaming me for practicing partisan BS while doing the same yourself.

On second thought, since you're having such difficulty seeing what's right in front of you, I'll just post the link again:

http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=139708

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Molenir

The administration is talking about making an amendment to the TARF laws to help small businesses to get loans they couldn't get from banks.

I see how you're against small businesses. < :-)

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Seems like just yesterday Obama was calling for civility and cooperation.

But I guess that was more like two days ago.

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Molenir:

Only congress has the authority to do this. I don't even know why its being suggested, other then as a soundbyte.

The article:

Obama called on Congress to pass the legislation necessary to create the new fund, one of several ideas he has promoted recently to help small businesses

Carry on.

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Yep, bipartisanship at it's best. Things have been getting worse and Obama isn't showing any more leadership than I expect any longer. Unless a miracle occurs they will be at each other's throats right through November.

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yokomoc The republicans don't care what Obama wants to do. They have no reason or inclination to work with Obama.

The party of "NO". < :-)

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Obama seriously cracked the whip on this, much respect for answering the tough questions.

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The administration is talking about making an amendment to the TARF laws to help small businesses to get loans they couldn't get from banks. I see how you're against small businesses.

Let me get this straight.

Obama wants to amend laws so they will either encourage or pressure banks to make loans to small businesses.

This is after reducing their inclination to make loans by giving them bailouts, which according to the Democrats, the banks needed after...

They were forced by the Democrats to make loans to people who couldn't repay them.

"I'm from the government and I'm here to help."

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This thread proves the point that we are divided nation. Nothing improves as long as we are in this situation.

Whitehawk. No absolute GOP or democrat solution is going to pass. Compromise is the only thing that will work here. But that will not happen with the kind of Anti-Obama non-sense that the GOP keep pressing. Where are the leaders who care more about the people and less about getting re-elected?

I am not GOP and I am not a democrat. I am outside the political affiliation circle. I am for the people. For the poor, for the Americans having a hard time. And I want to see change that helps people end up with jobs, health care, education and strong communities. I don't give a damn who delivers these benefit or what animal they have as a mascot.

We need more people who share this kind of thinking. Thinking that demands real solutions and not politically expedient ones.

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They were forced by the Democrats to make loans to people who couldn't repay them.

Could we just drop this whopper. Anybody who knows anything about the crisis knows that these loans were securitized and packaged as C.D.O's, and then sold on to third parties, often outside the USA, who were NOT forced to buy them. Why would they do that if they were bad loans forced on banks that they didn't want to make? They would just say sorry chump, you are stuck with them. So are you really accusing bankers of being that stupid? Nobody was doing anything they didn't want to do, it was all just part of the scam to boost short-term profits.

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Democrats forcing banks to extend loans to ppl who couldn't afford a mortgage got America into the mess they are in.

Democrats remain blind to the consequences of their disastrous policies.

There is no other explanation for the idiocy Obama proposes, forcing banks to loan to businesses.

Governments cannot pick winners.

When will they ever learn?

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Gosh I want all the republican posters to come on and tell us how they don't want to help small businesses because they might agree with something that Obama wamts. They would rather damn the small business then compromise. I'm impressed. < :-)

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Democrats forcing banks to extend loans to ppl who couldn't afford a mortgage got America into the mess they are in.

Ok, I'll say it again - these loans were packaged into mortgage bonds and sold on to third parties who were not under the control of the US government, and not forced to buy the bonds. Either you are saying these banks bought the bonds (loans made under political pressure to people who can't repay) because they are a) incredibly stupid and incompetent idiots, or b) the US government under both Clinton and Bush engaged in criminal systemic fraud by allowing these bonds to be sold to third parties without disclosing the true quality of the bond.

As I don't think even bankers are that stupid, you must be accusing your government (Republican president from 2001 to 2008 I remind you) of criminal activity.

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tkoind2:

No absolute GOP or democrat solution is going to pass. Compromise is the only thing that will work here.

You know that. I know that. But President Obama and Speaker Pelosi obviously don't know that.

But that will not happen with the kind of Anti-Obama non-sense that the GOP keep pressing.

It's not "anti-Obama,", it's anti-Marxist. He just makes the mistake of taking it personally.

Where are the leaders who care more about the people and less about getting re-elected?

On TV, in movies. Actually, Sarah Palin seems to be a leader like that. (Oh boy, here come the flame wars!)

I am not GOP and I am not a democrat. I am outside the political affiliation circle. I am for the people. For the poor, for the Americans having a hard time. And I want to see change that helps people end up with jobs, health care, education and strong communities. I don't give a damn who delivers these benefit or what animal they have as a mascot.

And all of that is very noble.

We need more people who share this kind of thinking. Thinking that demands real solutions and not politically expedient ones.

We also need people who expose the politically two-faced for what they are, to keep them from steamrolling the public with their extremist plans (like the Pelosi-crafted health care "reform" that even Democrats in Massachusetts rejected).

By the way, I think the Republican legislative additions listed in my link were some real solutions, at least when you consider the context of the overall bill. What do you think?

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GJDailleult What is your answer? Who were the "third parties" and where they sold the bonds deliberately and if so by who to whom?

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Palin could barely articulate the rold of VP. GOP or any other party, that is not a good sign.

As for exposing the politically two faced. Again petty politics does not put money in worker's pockets or their kids in schools or time in the dentist chair for children. This is utter nonsense that must be put to a halt NOW!

To hell with both parties. What we need is responsible leadership. We have a president elected on a mandate to address health care, get us out of these costly wars and to do something about jobs. that is all that should matter in the end. Both sides should put down their flags and start finding answers to these problems. We have wasted enough time fighting petty politics like a bunch of spoiled children choosing up sides for a game.

The problems facing our country are real. So again I challenge, stop thinking about this or that party and start thinking about solutions for the people. Or the people may toss the lot of you out.

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adaydream:

Gosh I want all the republican posters to come on and tell us how they don't want to help small businesses because they might agree with something that Obama wamts. They would rather damn the small business then compromise.

Of course you want that. And when they don't say it, you'll claim they did anyway. You're like the guy who proposes providing clean water by taxing all the people who names start with the letter "A" 90% of their income, and when people start complaining, you try to vilify them by saying "Gosh, you guys are really against having clean water, aren't you?"

I know your partisan myopia will blind you to this, but we want to help small businesses. But as always, it's how you go about it. Obama thinks he can help the small business sector by empowering the federal government, which under Democrat guidance created the problems for the small business sector in the first place. If Obama, like so many Leftists, didn't have double standards, he would have no standards at all.

You recently claimed on another thread that all businesses were owned by Republicans. All. Now you want to help them? Boy, you'll spin in any direction to defend your messiah, won't you?

Oh yeah, and where's your proof that all businesses are owned by Republicans?

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tkoind2:

Palin could barely articulate the rold of VP.

The role of VP is not a constant. Compare Cheney's work schedule and responsibilities to those of, say, Joe Biden.

As for exposing the politically two faced. Again petty politics does not put money in worker's pockets or their kids in schools or time in the dentist chair for children.

$1 trillion - $2.5 trillion is anything but petty.

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"If Obama, like so many Leftists, didn't have double standards, he would have no standards at all."

How is this productive Whitehawk? Does this sentence somehow achieve jobs for people who need them? Does it help anyone at all?

Both parties are equally guilty of this as are their more vocal supporters. But you are all standing toe to toe with a tree and missing the whole vast forest beyond. Too busy spitting on each other to realize that things around you are falling apart.

Knock it off already!!

People need jobs. What is your answer for that? People need healthcare. Where is your solution for that? People need their kids to have a chance at college: How will you achieve that need?

America needs to break the party deadlock and get back to business. Everything we stand for and everything we dream for the future depends on this. So what are YOU going to do about it? More pointless chatter about party or some real hard answers?

Both parties deserve to be tossed out on their fat corrupt behinds and replaced by leaders who care about the people more than their own selfish party objectives. I think the time when that happens is not far off. Most working Americans are sick of both of you and want change.

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The Obama bandwagon is unravelling. He has failed, and is failing. People are now seeing this man for what he really is - and America-hating extreme Leftist. His days of presidency are numbered. I dont believe he will have a second term - and I think he realises that now himself. He has lost his way. His speeches are dull, boring and repetative. In short - "No, he can`t."

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WhiteHawk since I couldn't find this information in Wikipedia so I'm doing my own investigation. Been to 12 businesses so far, 9 rep, 2 ind 1 dem. I'll get back to you. < :-)

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Does it help anyone at all?

It helps me vent. Do you mind if I exercise my right to free speech?

People need jobs. What is your answer for that?

Jobs for doing what? Designing and building houses? No, we overbuilt for the CRA so much that we have a housing glut. We're overstocked, in other words. Tell me, specifically what kind of jobs are you wanting to fill? And how are Obama's proposals going to accomplish that? Pressure banks to make loans again? That's what got us into this mess! Besides, that works fine for new businesses, but what about existing ones? How about reducing their tax burden? And not this shell game of reducing their capital gains taxes, because seriously, how many small businesses pay capital gains taxes in the first place? No, you'll have to reduce the taxes on their operating expenses. But Obama doesn't want to do a real tax cut, because like all Leftists, he's convinced that it always leads to revenue losses for the government.

See? Part of finding solutions that work is dismissing the solutions that don't work and explaining why they don't work. You might see that as only partisan bickering, but it's all part of finding the solutions.

By the way, do you ever read all of my posts, or do you just pick one line and start typing?

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Timtak - it was quite a brilliant system actually. A Wall Street firm (ie. Goldman Sachs) fronts a mortgage broker (ie. Countrywide) who goes out, makes a lot of mortgages and then sells them back to Goldman Sachs. Goldman Sachs puts them together into a mortgage backed bond, takes it to a ratings agency (ie. Moody's) who takes their fee and puts a nice fat AAA rating on it. Goldman Sachs then sells the bond to a foreign bank (ie. UBS), everybody pays themselves a nice bonus and they take the rest of the UBS money and do the whole thing all over again. Works great and nice work if you can get it, until you run out of borrowers to take out a mortgage, then the music stops.

Pretty obvious that there was fraud through the whole system from top to bottom. All I am saying is that if the US government was FORCING the banks to make the mortgages through FANNIE and FREDDIE, as is claimed, and allowed the forced mortgages to be sold on to unwitting buyers, then both the Clinton and Bush administrations committed massive criminal fraud, and the US government should be sued and taken to the cleaners by the rest of the world. There is no other way to look at it.

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oh wee and golly gee let me see, Bush was a lame duck president with a democrat controlled congress the entire last two years he was in office. The democrats have been the majority party for over 3 years now....... hummmm, yea, those darn Republicans are to blame. Obama is a moron.

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White Hawk. Been enjoying your posts. Well reasons and thought out. Keep it up!

The Obama bandwagon is unravelling. He has failed, and is failing. People are now seeing this man for what he really is - and America-hating extreme Leftist. His days of presidency are numbered. I dont believe he will have a second term - and I think he realises that now himself.

Well, it would be better for America if he was a 1 termer, but to be honest, what would be best for America, would be if he acted like Clinton and moved towards the center. Working to stop the deficit spending. Even if he got a second term, that would cover a lot of incompetence.

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WhiteHawk since I couldn't find this information in Wikipedia so I'm doing my own investigation. Been to 12 businesses so far, 9 rep, 2 ind 1 dem. I'll get back to you. < :-)

Aw, poor widdle Alan... Wikipedia didn't have your answer already prepared for you so now you're having to research it all by yourself! The audacity!

Besides, you've already proven yourself wrong about all business being owned by Republicans. That's why you were against Bush giving them tax breaks, remember? And now it's Obama who is suggesting tax breaks for businesses, you're trying to vilify anybody who doesn't like anything less than 100% of his plan. Sycophant much?

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WhiteHawk I'm only following the fine example placed before me by the republicans during the last administration. I took real good notes and you were one of the best examples. Thank you for everything. < :-)

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Molenir:

White Hawk. Been enjoying your posts. Well reasons and thought out. Keep it up!

Thank you. You've been doing some fine work as well. Now if I can just keep my blood pressure in check... ;-)

adaydream:

I'm only following the fine example placed before me by the republicans during the last administration. I took real good notes and you were one of the best examples.

Then you weren't paying attention, or you would've noted when I complained about Bush's amnesty proposals, his medicare drug spending, his reluctance to veto spending bills (both Democrat and Republican), his inability to confront Iran over their interference in Iraq, etc.

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Have a good evening WhiteHawk. < :-)

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"People are now seeing this man for what he really is - and America-hating extreme Leftist."

The true 'America-haters' are those who vote on the extreme of EITHER side, but moreso those who vote towards the extreme right; the last government is a shining example of how to crush your nation from within, and how to make more enemies than you've ever had. Hence nothing can be more 'America-hating' than they were. The problem with Obama is that, as many have pointed out, so far he has proven to be not too terribly different than his predecessor (albeit still more eloquent and with better ideas). It IS funny to see you guys salivate all over the bush presidency and then claim Obama is an 'America-hater' and failure because he's no different, though.

Of course, the other major difference is that instead of inheriting a major surplus he inherited a MASSIVE deficit, as well as a couple of poorly thought out wars (to be euphemistic), and can't get out of these debacles. This is very much the fault of partisan bickering.

While I agree with Whitehawk when he says, "See? Part of finding solutions that work is dismissing the solutions that don't work and explaining why they don't work", it's also clear that adaydream is right in pointing out that Republicans have yet to offer ANY alternatives -- or as Obama pointed out, they just flip-flop opinion for the vote of the moment.

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"White Hawk. Been enjoying your posts. Well reasons and thought out. Keep it up!"

Heh, he claims President Obama is a "marxist".

I'm all for constructive critisism, but nobody can be taken seriously when making claims like that. It's like calling chavez a right-winger.

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Obama also criticized Republicans for opposing a bill to create a bipartisan commission on reducing the deficit, saying that seven GOP senators who once co-sponsored the bill then voted against it.

To sign on as a cosponsor of a bill and then vote against it is a clear indication of a lack of integrity.

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"Heh, he claims Obama is a "marxist"... It's like calling chavez a right-winger."

It is not.

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sarge, when your teachers get to "marxist" in your own class-room, pay attention please. Then you might understand why calling President Obama a "marxist" means you're only here to be laughed at.

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Obama is a lot closer to a Marxist than a capitalist. Look at his policies. He thinks the government is the answer to everything.

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I really can't believe the loyalty both you on the right and left have to your parties. The gov needs to be cleaned out, downsized, and constantly checked.

Throw both parties out and quit playing little kid games.

As for the poster above's claim about people calling Obama a Marxist, look at what has been said recently, its basically more his own and his admin's fault. Oh and not for nothing, but if he wants to criticize those on Wall st. for making cash, let's how b big he is in telling Hollywood, sports, and most of all, the salaries and bennies each elected official's staff gets. Then, let's how well he stands up face to face with union leaders take home pay.

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"Obama is a lot closer to a Marxist than a capitalist."

There's more to being a "marxist" than one of your school buddies sporting a "Che" T-shirt.

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Obama is more of a capitalist-marxist = he sells his own $20 ObamaGod t-shirts and trinkets cutting out the middleman and you are expected to buy. Pure socialism at its' finest. Wonder how long it will take Chavez to catch on.

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When you step-up to the plate -you really need to take a few swings with the bat. Some batters of course can just stand there for the walk -but the fans really want to see the player hit the ball.

-Obama needs to work on hitting the ball. He can talk all he wants, but until he hits the ball most fans can't take him seriously.

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The GOP has purportedly backed small business owners. But if they are so willing to forget about the small business owner in an effort to thwart Barack Obama, then there really was no support there. Just lip service. < :-)

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The GOP needs to show they want to work with the president. It's not the other way around. They have time and time again shown that are the party of "NO". They have to be willing to play ball. < :-)

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When the Federal Reserve contracted the money supply the banks got scared and called every loan and credit facility in they could to free up cash. =businesses could not get loans and many failed. Even if you had an existing credit agreement for 20yrs they would not loan you money.

While this was happening Goldman Sachs was using the money to leverage assets around the world and the Federal Reserve was buying banks.

Now Obama says he is batting for the common person and small business while the whole year he has been Goldman Sachs/Federal Reserves poster child. That is not the definition of a "switch hitter" that I am looking for. You can't flip-flop like that and expect the fans to root for you. -Fans are not that stupid.

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Badsey, your post is partially correct. The banking industry screwed small businesses. Yes Goldman Sacks and other banks were hording cash.

Obama has been trying to help small businesses. He's been highlighting what Goldman Sachs and the other banks have been doing all along. He's been hounding Wall Street.

A big unfortunate thing is that some of these bonuses were agree upon years ago. Some weren't. < :-)

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-answer your own question:

Why would Goldman Sachs get out of the derivative game one year before the collapse while everyone else except JP Morgan Chase was still all in.

Follow the money --> JP Morgan Chase and Goldman Sachs are both Federal Reserve owners.

Does this mean they expected a financial collapse (Federal Reserve contraction of the money supply) --> like clockwork isn't it?

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sarge said:

Obama is a lot closer to a Marxist than a capitalist.

Anybody who says that or believes that is a fool. Go ahead and spit out that extremist right rhetoric and show yourself to be a sheep.

Obama's plans to aid small businesses is a great plan that would help a great sector of American success continue to prove the American entrepreneur will always be a vital sector of our economy.

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Small business owners don't believe Obama. They aren't hiring.

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"Obama's plans to aid small businesses is a great plan"

So far Obama has been a disaster for small businesses and just about everybody else.

"There's more to being a "marxist" than one of your school buddies..."

At least I know that Marxist is spelled with a capital M.

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Sarge you listening to Dr. Michael Savage again? < :-)

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"At least I know that Marxist is spelled with a capital M."

Heh, but that's clearly the extent of your knowledge having made such a ridiculous claim.

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"Small business owners don't believe Obama. They aren't hiring."

Ever cross your mind they aren't hiring 'cause they can't afford to?

On second thoughts, nah, why put sense in front of a rant about Obama!

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"Ever cross your mind they aren't hiring 'cause they can't afford to?"

Ever cross your mind they can't afford to hire folks 'cause of Obama's economic policies?

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Sarge you know as well as I do that banks got plenty of money to loan. They refused to loan.

Ever cross your mind they can't afford to hire folks 'cause of Obama's economic policies?

What policy did Obama put in place to keep small businesses from being able to borrow money?

Banks were provided with the cash to survive and held on to it. < :-)

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