Posted on 02/28/2009 1:04:10 PM PST by topfile
President Obama on Saturday struck back aggressively at critics of his $3.6 trillion budget proposal, casting himself as a populist crusader whose "sweeping change" has angered Washington's entrenched special interests, and promised to fight them.
"I realize that passing this budget won't be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington," Mr. Obama said in his weekly video and radio address.
Mr. Obama's language was combative and confrontational, as he promised to fight for "American families."
"I know these steps won't sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they're gearing up for a fight as we speak. My message to them is this: So am I," he said.
Since he unveiled his budget blueprint on Thursday, the reaction in the financial markets and among the business community, not to mention the Republican party, has been decidedly negative.
Influential conservative economist Lawrence Kudlow wrote Friday that Mr. Obama was proposing "anti-growth" tax hikes that make "absolutely no sense" and are intended to promote a "left-wing social vision."
Mr. Obama, he said, was "declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds."
One day after announcing that U.S. combat troops would leave Iraq in 18 months, the president's weekly address was his first major response to budget criticisms. He portrayed critics as fat cats and power brokers who have enriched themselves at the cost of every day Americans.
(Excerpt) Read more at washingtontimes.com ...
You could be right.
It's a trap!
Obama responds to California Drought Emergency
No doubt it's a calculated move. However, we have no choice but to fight him. We just need someone who can communicate to the American People. Jindal just will not do.
This is a dangerous point in history. Obama has some of FDR's political talents too, and thus the chance to do a lot of mischief.
If Sarah follows your advice she will motivate Republicans to come back and be active in the party again. This is what it will take to move the party forward.
I know too many Republicans that argued with me that they were living up to their principles by either not voting or voting for a third party candidate. While I admire their principle and agree with them I have been involved in the party long enough to know that you have a better chance of changing things while you are in power than you do sitting on the sidelines.
The Democrats and the RINO’s caused the economic collapse by pushing socialist policies on the banks. That’s the Old Way of doing business, and also Obama’s New Way. Nothing has Changed ........
Beginning in 1992 Congress pushed Fannie Mae and Freddie Mac to increase purchases of mortgages going to low to moderate income people. In 1996 HUD gave Fannie and Freddie an explicit target: 42% of their mortgage financing had to go to borrowers with incomes below the median. This target was increased to 50% in 2000 and 52% in 2005. In 1996 HUD required that 12% of all mortgages purchased by Freddie and Fannie had to be special affordable loans, meaning loans to borrowers with income less than 60% of their areas median. The 12% dictum was increased to 20% in 2000 and 22% in 2005.
Congress, particularly Democrats such as Barney Frank of Massachusetts, caused the current crisis. McCain actually warned against the irresponsible trends at Fannie and Freddie. Now the Democrats (i.e., Socialist) say we need more government intervention to solve the crisis. Government is not the solution; government is the problem.
As long as Barney Frank remains nothing has been
corrected, only worsened.
Amen to that! giving in is not (or,at least,wasn’t,until now)an American tenet. We just don’t give up or give in.We shouldn’t. Rush Limbaugh embodies that. He’s NOT the leader of the Republican Party...but he is certainly the leader of the conservative movement,which is even more important.
That's the other side of the Race Card: the Rich have "oppressed" the Poor. BUT...not ALL of the Poor, just the ones of color. Being "white and poor" is an oxymoron to the Obama administration.
There are a whole lot of people, of all colors, who think that his budget plan is yet another way to extort money from "rich whites" and give to the "nonwhite poor."
I guess that because Obama is partially black, he would not "fit" the criteria for being a "fat cat" and a "power broker," despite using his political power to acquire $850 million from his campaign contributors. Where did all that money go?
Into that black hole where the rest of his records went. I'm sure that a good chunk of it was used to buy "cooperation" from those opposed to his monetary policies.
Every day, working Americans -- the backbone of our great country -- are being impaled by his irresponsible fiscal policies. Meanwhile, the mental giants of the liberal Left media, like columnist, Bob Cesca (aka Bob Cesspool), continue to pimp this monstrosity of a budget plan as being the "largest tax cut in history!"
Only they can pitch the largest increase in government spending and largest increase in taxes-to-come as a "tax cut."
likewise, when Cesca announced that "95% of Americans will get them, he forgot to mention that 40% of Americans don't pay income taxes, and that their "tax cut" is a euphemism for government handouts, or welfare, or wealth distribution.
Obama welcomes all other viewpoints, as long as they are in line with his.
I guess we are considered fat cats now because we don’t go along with Zeros plans.
I’d like to see the next polly-tick-en that pops a bottle of champagne on our dime catapulted into the sea.
“I know these steps won’t sit well with the special interests and lobbyists who are invested in the old way of doing business..”
He means OTHER special interests and lobbyists.
Dear Mr. Bates,
“This budget battle is a tool. Obama is setting up a strawman - supposedly lobbyists and special interests who oppose this budget (they dont). But the GOP does. Obama has all the necessary votes to pass this comfortably and then some. So, voila, it passes, he claims credit, and gets to lump the GOP in with the non-existant lobbyists and special interests opposing the budget that will bring change. He looks like a big populist hero and the GOP looks small and special-interestish.”
You have nailed it perfectly. Please repeat this on other threads.
Thank you. I don’t care who gets the credit - spread the word.
>Mr. Obama, he said, was “declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.”<
Ummmm i hate to be a fly in the ointment, but aren’t these the things that our economy runs on?
I am praying.
that is great! I am saving his one!
“One Big A$$ Mistake America”
PERFECT!!!! I love it.
“President Obama on Saturday struck back aggressively at critics of his $3.6 trillion budget proposal, casting himself as a populist crusader whose “sweeping change” has angered Washington’s entrenched special interests, and promised to fight them.”
The POSTUS is a lying, thieving, marxist, sack of turds
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