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From Obama's weekly address: "When we receive our monthly job report next week, it is likely to...

From Obama's weekly address: "When we receive our monthly job report next week, it is likely to show that we are continuing to lose far too many jobs in this country. As far as I’m concerned, we will not have a recovery as long as we keep losing jobs. And I won’t rest until every American who wants a job can find one."
Comments (44)
  • I need more cowbell
    , contributor
    Comments (111) | Send Message
     
    No, please rest. Every idea so far has orwill be a negative for the economy and jobs. Cap and trade would force companies out of the country- insane. The government toying with health care, which is 16% of the economy- insane. Allowing trillions of money to be given to the likes of Goldman Sachs- criminal. Stimulus package squandered to cronies- criminal.
    Go take a long 4 year nap.
    1 Aug 2009, 04:40 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Never happen, he hates American and will not rest until it is destroyed (errrrr, I mean fair.)
    1 Aug 2009, 04:55 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2000) | Send Message
     
    For someone who has never had any successful record of running a private enterprise (let alone making a profit with), even so small as a peanut or a tofu shop, these words came across hollow.

     

    Thanks to his speech writers. (Are they from one of the H-Y-P, or A-W-W?).
    1 Aug 2009, 05:02 PM Reply Like
  • nmelendez
    , contributor
    Comments (1622) | Send Message
     
    So i guess you prefer a previous texan who sent every company he owned/administered into bankruptcy, including and not limited to US of A.

     

    On Aug 01 05:02 PM Teutonic Knight wrote:

     

    > For someone who has never had any successful record of running a
    > private enterprise (let alone making a profit with), even so small
    > as a peanut or a tofu shop, these words came across hollow. <br/>
    >
    > Thanks to his speech writers. (Are they from one of the H-Y-P,
    > or A-W-W?).
    1 Aug 2009, 05:06 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2000) | Send Message
     
    nmelendez -

     

    No, those are not my words. Please read them carefully again, if you will.

     

    I did not say anything about my preferring his predecessor King Jorge II the Oblivious and Pretentious.

     

    TK

     

    On Aug 01 05:06 PM nmelendez wrote:

     

    > So i guess you prefer a previous texan who sent every company he
    > owned/administered into bankruptcy, including and not limited to
    > US of A.
    1 Aug 2009, 05:12 PM Reply Like
  • OrangeCountyCA
    , contributor
    Comment (1) | Send Message
     
    I believe the S&P will tank 8% in the next two weeks; the unemployment report will be sobering. Obama is putting band-aids on the employment scenario. People need jobs, not to be on the dole for years.Obama is far more interested in pushing his healthcare pla n than putting people back to work.
    1 Aug 2009, 05:16 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    On Aug 01 05:06 PM nmelendez wrote:
    > So i guess you prefer a previous texan who sent every company he
    > owned/administered into bankruptcy, including and not limited to
    > US of A.

     

    Then you must be really upset with Obama as he has made Bush's deficit spending look like child's play. Bush spent to protect American's, whether you believe it or not. Obama spent to reward his political buddies and those crooks on Wall Street, at the same time ignoring main street except for rhetoric.
    1 Aug 2009, 05:21 PM Reply Like
  • Egg
    , contributor
    Comments (268) | Send Message
     
    Some people defend Obama and trash Bush.

     

    Others defend Bush and trash Obama.

     

    When will people learn that (from a fiscal perspective) they should both be hated and reviled? Both blow/blew up the deficit and refuse to cut spending. Both are/were set on destroying the dollar. In fact, they are both really the same, fiscally speaking.

     

    So, be like me, hate them both.

     

    1 Aug 2009, 05:57 PM Reply Like
  • Machiavelli999
    , contributor
    Comments (829) | Send Message
     
    Umm...TARP was passed and signed by Bush.

     

    Obama's $700 billion ONE TIME stimulus is peanuts compared to Bush's multi-year wars (of course, for right wing loons any war is a good war), his $1.5 trillion deficits adding tax cuts over a decade (which by the way cost more than the CBO is predicting universal health care is going to cost) and TARP.
    1 Aug 2009, 05:58 PM Reply Like
  • Niner
    , contributor
    Comments (791) | Send Message
     
    G W went from a $76 billion surplus in 1999 to a $407 billion deficit in 2008. And, that was before the bailouts. Nobody can compare to GW when it comes to deficits.

     

    That man did not deserve to be elected dogcatcher let a lone President.........And, to think I voted for him once. I can't believe I was that ignorant!

     

    On Aug 01 05:21 PM Neil459 wrote:

     

    > On Aug 01 05:06 PM nmelendez wrote:
    1 Aug 2009, 06:13 PM Reply Like
  • Niner
    , contributor
    Comments (791) | Send Message
     
    You probably didn't vote either. If you didn't vote, kindly keep your comments to yourself.

     

    On Aug 01 05:57 PM Egg wrote:

     

    > Some people defend Obama and trash Bush.
    >
    > Others defend Bush and trash Obama.
    >
    > When will people learn that (from a fiscal perspective) they should
    > both be hated and reviled? Both blow/blew up the deficit and refuse
    > to cut spending. Both are/were set on destroying the dollar. In fact,
    > they are both really the same, fiscally speaking.
    >
    > So, be like me, hate them both.
    >
    1 Aug 2009, 06:19 PM Reply Like
  • tweaks
    , contributor
    Comments (180) | Send Message
     
    don't be a hater, be a Libertarian! WHen 501% of us don't think it's a wasted vote, it won't be a wasted vote!

     

    On Aug 01 05:57 PM Egg wrote:

     

    > Some people defend Obama and trash Bush.
    >
    > Others defend Bush and trash Obama.
    >
    > When will people learn that (from a fiscal perspective) they should
    > both be hated and reviled? Both blow/blew up the deficit and refuse
    > to cut spending. Both are/were set on destroying the dollar. In fact,
    > they are both really the same, fiscally speaking.
    >
    > So, be like me, hate them both.
    >
    1 Aug 2009, 08:07 PM Reply Like
  • reveigel@msn.com
    , contributor
    Comments (151) | Send Message
     
    Words, words and more words. All 'BS' and lies. Obama could not tell the truth under any circumstances. If his telepromter did have the truth he would find different words. He is a phoney, an American hater, a deceiver and a destroyer of all he touches. The man is evil.
    1 Aug 2009, 08:08 PM Reply Like
  • reveigel@msn.com
    , contributor
    Comments (151) | Send Message
     
    And you are still ignorant and getting more so each day. You just can't stand facts and truth and are so full of hate your mind is not much better than a can of mush.

     

    On Aug 01 06:13 PM Niner wrote:

     

    > G W went from a $76 billion surplus in 1999 to a $407 billion deficit
    > in 2008. And, that was before the bailouts. Nobody can compare to
    > GW when it comes to deficits.
    >
    > That man did not deserve to be elected dogcatcher let a lone President.........And,
    > to think I voted for him once. I can't believe I was that ignorant!
    >
    1 Aug 2009, 08:16 PM Reply Like
  • Mr. Ed, Jr.
    , contributor
    Comments (745) | Send Message
     
    So, the topic of discussion is actions and statements by the current President, Barack Obama.

     

    "But what about what Bush did ?"

     

    How, you may be asking yourself, does such a mushminded response become so commonplace in America ?

     

    Well, the problem begins in childhood....A young mind, full of promise, gets a 12 year dose of public schools. While many young minds escape from the ordeal with some analytical ability intact, many do not. Sadly, even advancing to college will not usually save a failed mind, as it does not have the foundation to prevent itself from being loaded up with liberal theories and touchy-feely inanity about how the world SHOULD be, as opposed to how it is. Critical analysis is never mentioned again.

     

    This ,inevitably, leads to the typical, circular argument of "What about what so-and-so did ?". Even though so-and-so has been out of office for 6 months.

     

    Unfortunately, if what so-and-so did was bad, the mushy mind cannot, of course, understand how massively increasing the very things so-and-so did might not be a good idea.

     

    And so it goes.
    1 Aug 2009, 08:22 PM Reply Like
  • victoralpha
    , contributor
    Comments (17) | Send Message
     
    Go long Oil as demand is about to pick up , they are going to need as much oil as they can get to lube up HAL 9000 and the Fed printing presses not to mention the media as they will be working overtime to try to spin this one. Each support level is supported by a balloon full of hellium and 580,000 darts ( or whatever the job loss number will be ) are heading towards them. Ground floor is 666 now that is an eerie number.
    1 Aug 2009, 08:31 PM Reply Like
  • ScroogeMcduck
    , contributor
    Comments (516) | Send Message
     
    And I won’t rest until every American who wants a job can find one. Ha, the problem is no one wants a job anymore isnt that wy everyone voted for Obama in the first place. You created jobs with infastructure only 7% of the whole stimulus bill goes to infastructure. Where's all the money gonna come from to do this? RIP -USD$ www.newsmax.com/inside...
    1 Aug 2009, 09:14 PM Reply Like
  • puravidavid@yahoo.com
    , contributor
    Comments (142) | Send Message
     
    I can't quibble with the President's sentiments, but the Government's activities are imbedded in the larger global economy which still seems to have a huge credit 'hangover' in addition to a serious employment contraction (to go along with the asset/liability values' contractions).

     

    Blaming who's in office overlooks that we, the people, are the government here, and it seems we've got exactly what we bargained for: cheap credit for a short while and debt servitude long after.
    1 Aug 2009, 09:27 PM Reply Like
  • Mark54
    , contributor
    Comments (164) | Send Message
     
    my lord this is rhetoric at its finest.... does he realize what he is saying? we have never had that situation in this country. he just sounds stupid and naive that is the plain indisputable truth.
    1 Aug 2009, 09:51 PM Reply Like
  • jambo
    , contributor
    Comments (310) | Send Message
     
    I can.

     

    On Aug 01 06:13 PM Niner wrote:

     

    > G W went from a $76 billion surplus in 1999 to a $407 billion deficit

     

    > to think I voted for him once. I can't believe I was that ignorant!
    >
    1 Aug 2009, 10:34 PM Reply Like
  • jambo
    , contributor
    Comments (310) | Send Message
     
    ...And I won’t rest until every American who wants a job can find one."
    Obama

     

    Even that wont be enough in taxes to pay for all of the bullshit entitlements he has planned.
    I'm sure Australopithicus popped out a kid in a gubmint hospital. They just knew, even then, that healthcare was a RIGHT that everyone deserved!
    Entitlements are so far from anything that ever advanced humankind as to be laughable at best, scandalously suicidal at worst.
    Doodah, doodah day
    1 Aug 2009, 10:42 PM Reply Like
  • jambo
    , contributor
    Comments (310) | Send Message
     
    OH MY! I absolutely love that response.
    The word is OBAMABOTS. They so want to believe that they are willing to line up like lemmings, blindly following the critically unsighted.

     

    On Aug 01 08:22 PM Mr. Ed, Jr. wrote:

     

    > So, the topic of discussion is actions and statements by the current
    > President, Barack Obama.

     

    > "But what about what Bush did ?"
    >
    > How, you may be asking yourself, does such a mushminded response
    > become so commonplace in America ?
    >
    > Well, the problem begins in childhood....A young mind, full of promise,
    > gets a 12 year dose of public schools. While many young minds escape
    > from the ordeal with some analytical ability intact, many do not.
    > Sadly, even advancing to college will not usually save a failed mind,
    > as it does not have the foundation to prevent itself from being loaded
    > up with liberal theories and touchy-feely inanity about how the world
    > SHOULD be, as opposed to how it is. Critical analysis is never mentioned
    > again.
    >
    > This ,inevitably, leads to the typical, circular argument of "What
    > about what so-and-so did ?". Even though so-and-so has been out
    > of office for 6 months.
    >
    > Unfortunately, if what so-and-so did was bad, the mushy mind cannot,
    > of course, understand how massively increasing the very things so-and-so
    > did might not be a good idea.
    >
    > And so it goes.
    1 Aug 2009, 10:50 PM Reply Like
  • victoralpha
    , contributor
    Comments (17) | Send Message
     
    I am not sure that this is stupid. This administration is there because of an incredible con. Treasuries are thrashed because the market is rallying behind BS earnings and bad but not as bad news. Why come out now ahead of the jobs report. Would it be because he needs to get demand back to the treasuries. Mortgages rates are climbing what is that going to do to the housing numbers when we are not IN season. Dollar now is the key.

     

    The other day I responded to an incident that involved a person who was not a real threat but was percieved to be one ( hindsight ) my partner is a K9. We found him hiding ( not visible ) but the dog new he was there. I let him go and instead of straight ahead as he is trained he went around and flushed him to me ( this is his instinct) the guy saw me and did everything I asked.

     

    So is this Obama moving the herds to treasuries or is this really when the rubber meets the road and the reality that 70% of the GDP is at least 15% unemployed. ( if you add all the real numbers)

     

    We will see.

     

    On Aug 01 09:51 PM Mark54 wrote:

     

    > my lord this is rhetoric at its finest.... does he realize what he
    > is saying? we have never had that situation in this country. he just
    > sounds stupid and naive that is the plain indisputable truth.
    1 Aug 2009, 11:20 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    On Aug 01 05:58 PM Machiavelli999 wrote:
    > Umm...TARP was passed and signed by Bush.

     

    More ignorance on display. Fact is Presidents do not pass legislation. Fact congress controlled by Democrats at the time had the votes to override a Presidential Veto.

     

    FACT, TARP was voted into law by Democrats and if it were not for Democrats it could not have been made law. You need to look at who actually does things, not the propaganda coming from the media. The stupidity of some of these posters is simply amazing.
    1 Aug 2009, 11:50 PM Reply Like
  • market mojo
    , contributor
    Comments (71) | Send Message
     
    You are an idiot.

     

    On Aug 01 05:21 PM Neil459 wrote:

     

    > On Aug 01 05:06 PM nmelendez wrote:
    2 Aug 2009, 12:13 AM Reply Like
  • stev53e
    , contributor
    Comments (95) | Send Message
     
    He realizes exactly what he is saying, its the Obamaidiot listeners that are stupid and naive.

     

    On Aug 01 09:51 PM Mark54 wrote:

     

    > my lord this is rhetoric at its finest.... does he realize what he
    > is saying? we have never had that situation in this country. he just
    > sounds stupid and naive that is the plain indisputable truth.
    2 Aug 2009, 06:09 AM Reply Like
  • Matt Miller
    , contributor
    Comments (66) | Send Message
     
    Bush and the GOP created this Mess. Obama is doing a good job trying to clean up their pooh.
    2 Aug 2009, 08:53 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    On Aug 02 12:13 AM market mojo wrote:
    > You are an idiot.

     

    Not sure who this was targeted at but it does not matter because it is the rant of a grade schooler. Just run around and call people names rather than engage in intelligent dialog. This usually happens when people have no logical basis for their position.

     

    You are making your mother proud. The good news is that you could spell "idiot", that puts you above 50% of the people that graduate high school in the US.
    2 Aug 2009, 08:53 AM Reply Like
  • I need more cowbell
    , contributor
    Comments (111) | Send Message
     
    Ladies and gentlemen, so much "he did, they did". This is not about Dems vs. Repubs- they all SUCK. The whole D vs. R thing is just to get you on one Team or the other ( like Sox vs. Yankees ); so if you find as we so often do, some Dem or Repub is either A. corrupt;B. unethical;C. a liar;D. an adulterer; E. all the above; Well he's an asshole but he's our asshole. AND, the other side is so much worse, so we'll give hime a pass.
    The problem is there is no outrage anymore, lying, corruption, etc is so commonplace on both "sides" we just shrug. They have us exactly where they want us.
    Our wonderful media is fully bought and paid for and complicit. Plus, we have so many new opiates of the masses: hell, Michael Jackson dying was good for 3-4 weeks, while they slipped Goldman Sachs another trillion out the back door. Race-baiting is always good for top headlines, while the men behind the curtain do their thing. Sports, Idol, 150 TV channels, us vs. them politics; all to distract and deflect.
    I doubt we will ever learn, though.
    2 Aug 2009, 08:59 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    On Aug 02 08:53 AM Matt Miller wrote:
    > Bush and the GOP created this Mess. Obama is doing a good job trying
    > to clean up their pooh.

     

    What a load, please turn off the TV for a few days.

     

    1. This was caused by government bureaucracy, some democratic and some republican. All put their during Bush's, Clinton's, and now Obama's terms. It happened because the SEC failed to investigate/regulate. The same SEC people in charge for Clinton, Bush, and now Obama. Come on try to find some facts before you post. Bush's problem was that he did not fire all of the Clinton Democrats in the SEC and DoJ. So he is not without fault, but its not solely his.

     

    2. Since 2006 no legislation could pass without some Democrat approval. Meaning they could also have blocked it. Check the numbers in congress. There is no way anyone can find a way to solely blame the GOP unless they are nothing but a political hack.

     

    3. Presidents do not pass legislation.
    2 Aug 2009, 09:00 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Anyone that says, "Bush's fault" is nothing but a political hack spouting political rhetoric without investigating any facts or willing to consider any truths except those that support their ideology.

     

    Ideology will not save this country. Grow up and develop some brain cells.
    2 Aug 2009, 09:07 AM Reply Like
  • The Geoffster
    , contributor
    Comments (4010) | Send Message
     
    A jobless recovery is no recovery. We are paying for years of profligacy. Cheap, available credit and rising home prices convinced people they could consume to their hearts' desire. They were encouraged by their politicians who gave them bread and circuses. Now, instead of focusing on the economy, Obama is driving the final nail in the coffin by attempting to pass the largest entitlement in history. You get what you pay for. You don't get what you don't pay for. Our country is bankrupt and it is our fault. Buy gold and other precious metals, short dollars.
    2 Aug 2009, 09:22 AM Reply Like
  • Paul Zimbardo
    , contributor
    Comments (576) | Send Message
     
    As "I need more cowbell" points out, the blame-game is fruitless. If we identify the responsible parties for this current recession will that really help create new jobs or restore confidence in the financial markets?

     

    In regards to Mr. Obama's comments, I suggest that his staff economists provide a refresher lesson on what full employment entails. Specifically, the concepts of frictional and structural unemployment.

     

    If Mr. Obama follows through on his initiative of ultimately lowering employment past the point of full employment, this will only cause massive inflation and hurt all Americans. I hope that this was merely rhetoric.

     

    On Aug 02 08:59 AM I need more cowbell wrote:

     

    > Ladies and gentlemen, so much "he did, they did". This is not about
    > Dems vs. Repubs- they all SUCK.
    2 Aug 2009, 09:22 AM Reply Like
  • Yeti
    , contributor
    Comments (55) | Send Message
     
    Perhaps zerObama can bring back the Draft and expand the NBA to 2000 teams?
    2 Aug 2009, 10:37 AM Reply Like
  • erod1944
    , contributor
    Comments (4) | Send Message
     
    If Obama would just REST, the economy could heal.

     

    I'm so tired of see that guy stirring the pot every day until the pot breaks.

     

    Obama is Truely a BAD President.
    2 Aug 2009, 11:20 AM Reply Like
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    I've always been of the opinion that private employer jobs will be created when the risks to investment are low compared to the prospect for gain.
    One thing critical to lower the risk is to free up the credit markets so that business can operate unimpeded by the threat of little or no credit. The Fed has made radical moves to free up credit from where it stood last Fall, but more is still needed.
    A second item is to insure business that government will not derail business plans by introducing more taxes, and regulation that stymie growth.
    I wonder how requiring medical insurance, cap and trade legislation, 'card check' legislation, new and longer state requirements for the extension of unemployment in future years for all states accepting unemployment stimulus money, government-run automobile companies, and a ruling party that has a history of espousing protectionist rhetoric fits in with creating jobs? How long must Obama drone on with this 'boob food for the bubbas' rhetoric before even the liberal news media asks pertinent questions?
    2 Aug 2009, 11:30 AM Reply Like
  • The Aft Deck
    , contributor
    Comments (180) | Send Message
     
    100% employment, more and more socialist ideology comes from the White House as the time passes
    2 Aug 2009, 11:55 AM Reply Like
  • nova
    , contributor
    Comments (569) | Send Message
     
    reveigel@msn.com wrote:

     

    > Obama could not tell the truth under any circumstances. If his telepromter did have the truth he would find different words. He is a phoney, an American hater, a deceiver and a destroyer of all he touches. The man is evil.,

     

    You forgot to mention he is also a racist.

     

    Also remember his wife getting $317K annual compensations/bribes after Obama became a US Senator for a part-time 20-hours per week diversity promotion job.
    2 Aug 2009, 12:04 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    On Aug 02 11:30 AM Duude wrote:

     

    "I've always been of the opinion that private employer jobs will be
    created when the risks to investment are low compared to the prospect for gain."

     

    Hit the nail on the head Duude on all your comments. Small employers will stay as small as possible in order to keep under the micromanaging lawyers in Congress who have decided they know best how to run a business although few ever have raised their own capital or met a payroll from their own funds. The more expensive it is to have an employee, the fewer there will be. And not enough people have business skills to create their own business (although Avon, Tupperware, et al try to help them) and so can only wait until someone else is rich enough to employ them. NOONE is predicting when employment will pick up and Obama is only hoping it will.
    2 Aug 2009, 12:09 PM Reply Like
  • ScroogeMcduck
    , contributor
    Comments (516) | Send Message
     
    Ask any economist and they will tell you how to create jobs. They did it during the Regan administration. Sixteen million new jobs were created, while inflation significantly decreased. This stimulus bill was crammed down the taxpayers throat to favor special interest groups not to create jobs.
    2 Aug 2009, 12:19 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2000) | Send Message
     
    Risk of over-exposure too. Back in the old days they were smart enough to pull back Snoopy's exposure in the Peanuts Farm fearing just that and in the nick of time. His advisers would be smart enough to tell me to lay low for a while...Big Storm brewing ahead, Man...

     

    On Aug 02 11:20 AM erod1944 wrote:

     

    > If Obama would just REST, the economy could heal.
    >
    > I'm so tired of see that guy stirring the pot every day until the
    > pot breaks.
    >
    > Obama is Truely a BAD President.
    2 Aug 2009, 12:21 PM Reply Like
  • I need more cowbell
    , contributor
    Comments (111) | Send Message
     
    OMG, this is no non-PC, but damn this is sooo funny...
    www.liveleak.com/view?...
    2 Aug 2009, 12:27 PM Reply Like
  • Mad_Max_A_Million
    , contributor
    Comments (1175) | Send Message
     
    What some folks are expecting Obama to do is to put aside community organizer politics and to look at the broader good. That experience is not in his resume. He only has experience in the area of securing other people’s money in order to target specific special interest clients. Cash for Clunkers was one example, i.e. The Auto industry which he already owns (in votes). Plotting full employment could be well above his pay-grade and that of the socialist-educated staff and czars that advise him.
    2 Aug 2009, 01:42 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2000) | Send Message
     
    Quite right. Heath Care "Reform", and the coming Immigration "Reform" would be another examples that come to my mind.

     

    On Aug 02 01:42 PM Mad_Max_A_Million wrote:

     

    > What some folks are expecting Obama to do is to put aside community
    > organizer politics and to look at the broader good. That experience
    > is not in his resume. He only has experience in the area of securing
    > other people’s money in order to target specific special interest
    > clients. Cash for Clunkers was one example, i.e. The Auto industry
    > which he already owns (in votes). Plotting full employment could
    > be well above his pay-grade and that of the socialist-educated staff
    > and czars that advise him.
    2 Aug 2009, 03:27 PM Reply Like
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