Obama Campaign Strategist Axelrod Charges Republicans With 'Screwing Up' Economy to Hurt President

FOXNEWS ^ | December 19, 2011 | Ed Henry

[Son House]

"If I have the choice between extending the tax cut for a year and energizing our economy and having an issue to run on, I'd rather energize the economy," Axelrod said in an exclusive interview with Fox News. "I think that it's better for the country, it's better for the president. Frankly it's better for the Congress even if they don't see it."

In the next breath, however, Axelrod flatly charged the latest move by House Republicans to block a Senate compromise extending the tax cut for two months is an effort by the GOP to choke off any economic recovery and damage Obama's already difficult re-election prospects.

"You have to wonder whether some folks over there think somehow -- think screwing up the economy, throwing a wrench in the works is a good political strategy for them," Axelrod told Fox News. "Somehow if they can slow the recovery down, if they can cost a half million or delay a half million jobs, that that will hurt the president."

Back in Washington, the president and his aides say they're not watching the GOP nomination fight closely as they deal with the Congressional endgame. Here in the president's hometown, however, Fox News was given a tour today of the Obama team's 50,000-square-foot re-election headquarters where dozens of paid staffers are working around the clock to be ready for the eventual Republican standard bearer.

Axelrod noted there were more than two dozen debates in the 2008 Democratic primary and he suggested the current GOP field is nowhere near as strong as the group that included Obama, Clinton and other Democrats like then-Sens. Joe Biden and Chris Dodd.

"There were a lot of plausible presidents on that platform," said Axelrod.

[jersey117]

Obama & company already screwed up the economy. Sometimes I wish we never won the house in 2010. Then he wouldn’t have a strawman. It was actually Pelosi, the rats and the media who talked down the Bush economy. Oh my - unemployment went up to a whopping 5.4%! Imagine that. It didn’t spike until the total collapse - and then it only went to 7%. Republicans better start countering this B.S.

[LomanBill]

>>They’re all ugly, vile people.

"Behind the Violence, Says Jane Alpert, Was Sex"

 

--November 09, 1981--
"The leaders of the Weather Underground, she believes, followed a similar pattern of constantly shifting sexual alliances..."

http://www.people.com/people/archive/article/0,,20080637,00.html

"...the Weathermen, when not engaged in group sex, committed such revolutionary acts as parading with a Viet Cong flag through a local park on Independence Day and spray-painting the walls of a high school with the slogans, "Off the Pigs," "Viet Cong Will Win," and "F#$k U.S. Imperialism."..."

Campus Wars: The Peace Movement At American State Universities in the Vietnam Era

Don't need no Weatherman to see which way the wind blws.

 

 

 

[Liz]

Mmmmmmm.........lookit ‘im pontificating.

Axelrod always makes my day.

He must practice that patented Axelrod pose 24/7......trying to look “harmless”........

I really miss him now that he’s out of DC and not before the cameras.....posing as an “innocent bystander” ....

...as our counrry collapses under the weight of the predatory Ohaha crew.

[Liz]

And here's the biggest political heist in US history.

===========================================

MUST READ What the so-called "collapse" of the banking system wrought:

Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
SOURCE motherjones.com
Mon Dec. 21, 2009 12:23 PM PST

The price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets.

To get a sense of the size of the real $14 trillion bailout, see our chart at web site. Below, a guide to the pieces of the puzzle:

Treasury Department bailout programs
(Remember that Obama's Treasury Dept was controlled by his then-COS Rahm Emanuel---a G/S lobbyist in the WH)

Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].

Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages —as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].

TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.

Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."

GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.

LONG READ---go to web site to read more and checkout the shocking charts.

SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout

[DoughtyOne]

mObama is jealous... ;^)

[DoughtyOne]

Thanks LLS. And sorry about some of the errors in that post.

[LomanBill]

BOHICA