President Obama's Press Conference

What did you think?

It's hard to put it into words. I need a drink.

Devil505 wrote:What did you think?

I was layed off on Oct 1st, last year. Still haven't found work. I hope he keeps his promises.

Chris F.

Listened to it while driving home. Sounded like the dancing has begun in earnest. I am sure all the Demicans will love it and all the republicrats will find fault with it.

Had a call the other day asking me to serve in his cabinet, but I had to turn it down since I had paid all my taxes the last few years.

As President Obama said in re partisan politics in Washington these days........ "Old habits are hard to break."
I think we just saw a sincere, intelligent, articulate & open minded man who is trying to do the best he can to save our economy & country. Whether he can or not, no one can say at this early date but I am immensely relieved to see someone in that job who appears to have the intellect, honesty & common sense to have a chance at pulling it off.
At this early stage in his Presidency, those unwilling to open their minds & give him a chance can just stay on the sidelines, throw tomatoes & observe.

After hearing bull from the boss today I'm not up to hearing bull from the TV. I'm sure Chris Matthews felt some sort of stimulus; I just hope he didn't wet himself.

The gov. is taking a shot, lets hope it hits the mark. Because at the cost of the bank bailout, plus the economic
package, plus a war or two here or there, they only have one shot. If energy shoots through the roof again in the next
couple of years, all bets are off. As far as the right wingers cry'n and moan'n, get over it. If the results of the past eight
years did not enlighten you, nothing will. God Bless America

Devil505 wrote:As President Obama said in re partisan politics in Washington these days........ "Old habits are hard to break."
I think we just saw a sincere, intelligent, articulate & open minded man who is trying to do the best he can to save our economy & country. Whether he can or not, no one can say at this early date but I am immensely relieved to see someone in that job who appears to have the intellect, honesty & common sense to have a chance at pulling it off.
At this early stage in his Presidency, those unwilling to open their minds & give him a chance can just stay on the sidelines, throw tomatoes & observe.

Count me as a tomato thrower. Tell me again how borrowing money from the Chinese in order to mortgage my grandchildrens future helps anything?

And he pre-empted the first 30 seconds of "Heroes". I want him impeached.

What's he changing Devil? The Federal Reserve and Keynesian economics are the root cause of all the problems. He has no intention of changing either of those things so what is it do you think he's going to change?

Paulie wrote: If energy shoots through the roof again in the next
couple of years, all bets are off.

What do you mean "if"?

"The secular bull market (in energy) is intact," says Tim Guinness, the lead manager of the Guinness Atkinson Global Energy Fund (GAGEX). "There will be a breathing space over the next three years . . . where oil trades between $60 and $80. It's not going over $100 for three years, at least, but go above $100 it will."

http://articles.moneycentral.msn.com/In ... again.aspx

As one sheep said to the other sheep, "Damn have we been sheared!" This will cost us all more than we can ever imagine. Should of done like the coal burners and let it burn out and re-fired.
We will have to pay interest on this money. The banks, corporations any one receiving money for help will have to pay interest on this money and in turn they will charge more to us to be able to pay the bills.
I wanted him to say that at this point we could of pulled out our money from our 401k without penalty but I guess they need that to pay the bank managers. I wanted him to say that the principal of our 401k could not be compromised by this mess, I know I'm dreaming.

Well, I say if, because we all thought we would be paying $5/gal for fuel oil this winter. All the elements are there for the
run up to happen again, except 1, money. The speculative investment dollars were pulled out to shore up balance sheets
because of the funny money. So in effect the market did work. Just not the way we had expected . As far as debt
goes, ya it blows. Considering that we are going into additional debt to bail out incompetent greed. China is buying
our debt because it can and it is a good bet. What happens to them if we default? Ouch! Don't say it can not happen, countries default all the time. The continue to live......

I don't know as much as a lot of you guys, but I was impressed at least by his eloquence and strength.

If nothing else, at least we have a president that sounds like he is one instead of sounding like a flunky drunk.

Dann757 wrote:I don't know as much as a lot of you guys, but I was impressed at least by his eloquence and strength.

He's a PREACHER!!!

Don't get sucked in. You can go to any church in the country on any Sunday and find someone who speaks like he does.

He's a snake oil salesman. A huckster. Don't be a victim.

He is eloquently articulate, he sounds like.......a leader. Way better than most preachers. W sounded like a half wit and because of that, made this guy
possible. Markets correct themselves.....how true.