obama, state of the union

[Cannon Shell]

Only fools and morons listen to what politicians have to say in 2012 and actually believe them. Who cares what Obama says? Who cares what the reactions to the speech are? It is all a bunch of made up bullshit.

[Riot]

Originally Posted by Cannon Shell

Only fools and morons listen to what politicians have to say in 2012 and actually believe them. Who cares what Obama says? Who cares what the reactions to the speech are? It is all a bunch of made up bullshit.

Only fools and morons ignore what's happening in this country, paying no attention at all. They deserve what they get.

[Cannon Shell]

Originally Posted by Riot

Only fools and morons ignore what's happening in this country, paying no attention at all. They deserve what they get.

You more or less just described yourself...

[Danzig]

http://factcheck.org/2012/01/the-state-of-obamas-facts/

[Clip-Clop]

Originally Posted by Danzig

http://factcheck.org/2012/01/the-state-of-obamas-facts/

Don't bring facts into this discussion.

Same speech as 2010, 2011. Same rhetoric, many times the exact same words.

[Riot]

Originally Posted by Cannon Shell

You more or less just described yourself...

Am I supposed to say, "Nanny nanny boo boo, I'm rubber you're glue" now?

[wiphan]

Originally Posted by Riot

Only fools and morons ignore what's happening in this country, paying no attention at all. They deserve what they get.

Only fools believe what any politician says and can't read between the lines. They are all liars especially in an election year. If you take owebama for everything he said then yes his speach was great. Let's take for instance
this quote:

President Obama gave his State of the Union address last night and as far as housing goes, the President said the he will be sending Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low interest rates, no more red tape.

That means a savings of $250/month without any red tape. Let's say for instance you have a rate of 5.25% on 100,000 your new interest rate would have to be around .57% for you to lower your payments $250/month. Now lets take $200,000 your new interest rate would have to be 3.35% or lower to save $250/month on a 30 yr rate. Is this really reasonable or feasible? He said no more red tape. Did you know that by passing the 2 month payroll tax that they increased mortgage rates by charging higher G-fees on mortgages? Did you know that it will take 10 years of these fees to pay for 2 months of the payroll tax?

[Riot]

Originally Posted by Coach Pants

You bet. Four more years, baby!

[Riot]

[Clip-Clop]

Originally Posted by wiphan

Only fools believe what any politician says and can't read between the lines. They are all liars especially in an election year. If you take owebama for everything he said then yes his speach was great. Let's take for instance
this quote:

President Obama gave his State of the Union address last night and as far as housing goes, the President said the he will be sending Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low interest rates, no more red tape.

That means a savings of $250/month without any red tape. Let's say for instance you have a rate of 5.25% on 100,000 your new interest rate would have to be around .57% for you to lower your payments $250/month. Now lets take $200,000 your new interest rate would have to be 3.35% or lower to save $250/month on a 30 yr rate. Is this really reasonable or feasible? He said no more red tape. Did you know that by passing the 2 month payroll tax that they increased mortgage rates by charging higher G-fees on mortgages? Did you know that it will take 10 years of these fees to pay for 2 months of the payroll tax?

Basic, simple math is not welcome either.

Sign me up for the .57 rate please.

Here's the real state of the union...

http://www.youtube.com/watch?v=lJzPNQaX1c0

[Clip-Clop]

Originally Posted by Coach Pants

Here's the real state of the union...

http://www.youtube.com/watch?v=lJzPNQaX1c0

Adelaide is one serious hell hole.

[dellinger63]

Must admit the Prez had some gems mixed in among his abstract talking point goals.

The first is eliminating tax breaks for corporations outsourcing jobs to foreign countries. To be honest I wasn’t aware of any such tax credit for outsourcing jobs but would love to know when it came into existence and why? (If it really exists) Then love to see it go away forever. The President’s plan of dispersing the money saved, among companies like MasterLock is ludicrous and wasteful of course, (Masterlock made the move to bring back jobs w/o gov involvement) but baby steps.

Second was enacting a law to keep teens in school until 18. Obviously a great idea considering stats showing how important having a HS diploma (at least) is for future financial well-being. However w/o any teeth to the law it’s impotent. I submit keeping your child in school is at least as equally important to keeping weeds on your lawn cut under 8 inches so like the anti-weeders fine the parents $600-$1200/per day and watch parents suddenly get involved in their children’s education.

Bottom line synopsis of the entire speech is the President still hasn’t figured out that government has no business financing private business. Government spending does not ensure job growth and to the contrary creates massive debt with only few jobs.

[Riot]

Originally Posted by wiphan

Only fools believe what any politician says and can't read between the lines.

Nobody was talking about that. That was another one of Cannon's weird segues into strange land, to avoid having to explain how our auto industry would have recovered from bankruptcy and ruin all on it's own without any government intervention. Because the government didn't save it. At all.

[wiphan]

Originally Posted by Riot

Nobody was talking about that. That was another one of Cannon's weird segues into strange land, to avoid having to explain how our auto industry would have recovered from bankruptcy and ruin all on it's own without any government intervention. Because the government didn't save it. At all.

I forgot did gm pay back all of the money the government gave them?

Did ford get any govt money?

[bigrun]

Originally Posted by wiphan

I forgot did gm pay back all of the money the government gave them?

Did ford get any govt money?

GM has paid all but 2 billion back.

Ford didn't get any...

[wiphan]

Originally Posted by bigrun

GM has paid all but 2 billion back.

Ford didn't get any...

Does the government still own part of GM?