Obama gives speech on Education, Alternative Energy, Tax Cuts, and the economy (Part 1 of 2)
Hope versus fear, new versus old: Barack Obama and John McCain have placed their bets. These are the terms on which the 2008 presidential campaign will be decided. That’s why it’s unfair for political bystanders to attack Obama and McCain for offering few specifics as to how they’d fix an ailing economy. And it’s foolish to ask them to jettison their campaign promises in order to pay homage to the God of Balanced Budgets. Each campaign has given voters ample notice about the inclinations, temperaments, habits, philosophical leanings and advisers they would bring to the White House. That’s enough. Piles of prescriptions would be useless because this crisis is moving so fast. New ideas could become obsolete in a few days — or require substantial redrafting on the run, as happened with McCain’s sketchy mortgage purchase plan floated during Tuesday’s debate. In this financial catastrophe, last week’s unthinkable idea quickly becomes this week’s imperative. The Bush administration is wisely contemplating following the lead of British Prime Minister Gordon Brown in having government take ownership shares in many banks to get them more cash and allow them to lend again. If Obama had suggested such a thing, he would have been condemned as a socialist and the administration might well have had to shelve a necessary idea. Better that the candidates acknowledge that they are powerless until after Nov. 4. As for cutting back on their programs because the government is spending and …
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Tagged with: alternative • Cuts • economy • Education • energy • gives • Obama • Part • speech
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Obama the first half-caste biracial mixed-race president not black
Obama is full of Bull$#!t
That doesn’t answer my question. Nor does your evidence support your conclusion.
He has spent more money in his first 8 months in office than Bush did in his previous 8 years…..and that includes both wars.
His sure-fire stimulus plan is turning out to be a colossal failure. He and his cronies said that they “gaurantee” unemployment would stay under 8% if you pass this stimulus bill …..another term is “Print money bill”……look how it is turning out……unemployment 9.8%……..the worst economy by far since Jimmy Carter;…we are on a collision course with failure
I’d love to know what authority you have to make that assertion, and further to see you proved wrong.
He has spent FAR beyond what Bush spent in 8 years……..and he has done it all in 6 months…..He is putting the nails in the coffin
its going to get a lot worst before it gets any better.. but it will get better and it has been a bit better but do to the damage it will take time.. i say about 2 yrs atleast by 2011 ull start seeing big changes..
bankruptcy has been the UNITED STATES middle name for the last 7 years
i dont know why you guys talk about it like if its something new thats going to happen.. look around you man, walk down the street we’ve been in bankruptcy.. did u just bearly notice ? just now?
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lovely! lovely! lovely!
at least he cares and is trying to bring the economy back up the same economy that has been going down the drain the last 8 years of bush’s sorry ass
if bush was any good we would not be in this mess to start with it would have been prevented
lol you must know where the money is going.
did u know who bush handed shitloads of money to? take a wild guess.
bankruptcy lol we have been in it for over a decade
President Obama is going to spend this country into bankruptcy.
Right – the president’s’ financial team is all Goldman Sach’s and Federal Reserve like the previous administration, much like all those before it, and the his economists helped gut the Glass Spiegel Act, but the president isn’t a pawn of the elite. He is a Bishop. What’s wrong with that??
I hope he doesn’t help the big nationalized banks squash the little solvent banks. That would be sad, because I will miss going in to see my friendly banker in my trusty neighborhood branch.
Wow this guys financial team are from Goldman Sach’s and The Federal Reserve, his Economic team consists of people that helped pass the revoking of the Glass Stegal Act. He’s helping the mega-banks buy out healthy banks, he is a pawn of the Elite. Republicans, Democrats both parties are bought and paid for. His power base is from appealing to the emotions not the intellect.
i hope that u can make more videos becuz im doin a project on education!
even us canadians back obama!!!!!!!!! glad he is president.
say what now…i thought i heard u say OBAMA 08..thas rite……u did say obama..lol haha we won
His speech is incredible! God bless him
you mean: obama 08
HUSSEIN OBAMA is losing! those people are gonna be cold and sad tonight in chicago!
McCAIN 08
Sounds like the 70s revisited…. we all got HIGH on inflation, unemployment and interest rates. Mortgages were going for 14%+…Crap, here we go again…but PLEASE don’t bring back leisure suits..
If you’re supporting obama because of his tax cuts, realize that any tax gains you may receive from the government will be taken from companies who pass on the taxes to the consumer, so, guess what – you’re paying more for the stuff you bought! Bye bye wellfare check.
Mccain 08′
Didn’t McCain sponsor a bill for alternative energy that Obama voted on? Also nuclear power has a low green house gas emission rate and how is solar or wind practical for areas who go long periods with little to no wind or ample sun light? Also how much money and time does it take to develop new technology like this? It seems easy to say we can just switch to alternative energy but it’s really not practical.
Palin is the Mormon soccer mom who joins the PTA to make a difference. Like in Donnie Darko. Man she is so cool. If only she could be president. We would all be so much better. Wow I’m so glad I’m smart.