Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Biden: 30 Percent Chance We'll Get It Wrong
Wall Street Journal ^ | 2-07-2009 | N/A

Posted on 02/07/2009 5:23:39 AM PST by 82ndABNOfficer

Vice President Joe Biden acknowledged Friday that Democrats could face political repercussions in 2010 for their support of the economic stimulus package, the Wall Street Journal reported.

(Excerpt) Read more at foxnews.com ...


TOPICS: Extended News; Front Page News; Government; US: District of Columbia
KEYWORDS: bho44; obama; stimulus; vpbiden
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-63 next last
To: Yorlik803

Can we call this Democrat sponsored bill “Free Market Destruction and Depression Act of 2009”


41 posted on 02/07/2009 6:54:18 AM PST by Rodm (Seest thou a ,,diligent in his business? He shall stand before kings)
[ Post Reply | Private Reply | To 38 | View Replies]

To: 82ndABNOfficer

During the campaign they sent plugs to the most uninhabited parts of the country to campaign once he started up his gaffe machine.

Where will they send him this time ?

Official long term diplomatic mission to the Antartic ?


42 posted on 02/07/2009 6:54:59 AM PST by festus (Politics makes for strange bedfellows)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 82ndABNOfficer

POLL: Is Obama’s plan
mainly for jobs or pork?

http://michaelsavage.wnd.com/index.php?fa=PAGE.view&pageId=3995


43 posted on 02/07/2009 6:55:20 AM PST by KeyLargo
[ Post Reply | Private Reply | To 1 | View Replies]

To: metmom

They’re setting the stage for “failure” and no doubt by then they’ll have a reason to blame the Republicans!!


44 posted on 02/07/2009 6:59:59 AM PST by spiderfern
[ Post Reply | Private Reply | To 14 | View Replies]

To: avacado
Yep, I think I am going to start calling him boy because no man would be whining about this. He knew what he was getting into. As a matter of fact, if he wants to cry about something, he should cry about Dodd, Frank, Meeks, Clay, Peloser, Waters, Wyatt, Raines, Jim Johnson, Davis, and Gorelick. They are the ones who kept saying Freddie Mae and Freddie Mac were fine and the regulators were trying to keep the poor man down. To many marginal loans crashed our system and the regulators tried to do something about it, but they were run out of town and basically called racist. And later when these band of thieves were asked what caused the problems, they all screamed the Bush Regulators caused it. And the truth is the laws passed during Carter and Clinton terms helped cause this, and the politicians who did nothing to stop it didn't help. I put some blame on the banks for being predatory lenders, because they knew they would get the house back and sell it for more (As long as home prices kept rising).

Now, fix what caused the problem, give the people tax credits to put some money in their pockets so they can help get the economy back on track. You are right, the bill is a spending bill and that is it. Major economist are saying this bill will not stimulate the economy. If this bill wouldn't put our children in debt (which I believe to be an immoral act), I would say give the rats the rope and let them hang themselves with it. But I think it is worth while to fight for our kids, so I am willing to take a stand.

45 posted on 02/07/2009 7:00:05 AM PST by do the dhue (They've got us surrounded again. The poor bastards. - One of General Abram's men)
[ Post Reply | Private Reply | To 35 | View Replies]

To: Rodm
Can we call this Democrat sponsored bill “Free Market Destruction and Depression Act of 2009”

I almost started to laugh at that, but I can't because it may be true.

46 posted on 02/07/2009 7:02:48 AM PST by do the dhue (They've got us surrounded again. The poor bastards. - One of General Abram's men)
[ Post Reply | Private Reply | To 41 | View Replies]

To: AmericanInTokyo

Sorry AIT, you way overestimate Oba Mao. I don’t think he is even capable of a nervous breakdown because that would require at least some sense of responsibility. There is nothing in his resume so far that indicates he has the slightest sense of responsibility. He is like a spoiled teenage brat who has been told how wonderful he is all his life. When he totals the car, his first thought is what kind of new car he’s going to get to replace it. Remorse never crosses his mind.


47 posted on 02/07/2009 7:03:45 AM PST by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
[ Post Reply | Private Reply | To 7 | View Replies]

To: reasonisfaith
Biden backing out?>>>

No it's just Joe being Joe. The quote, "If everything goes as we planned it, there's still a 30% chance we'll get it wrong." It's his typically awkward way of telling us the Dems shouldn't be blamed when Porkulus helps to destroy both our economy and our liberty.

48 posted on 02/07/2009 7:09:55 AM PST by xkaydet65
[ Post Reply | Private Reply | To 2 | View Replies]

To: library user

How does he arrive at the 30% figure?
-—by looking at the wrong end of the 70% empty glass.


49 posted on 02/07/2009 7:15:44 AM PST by supremedoctrine ("One was drawing funny faces, but his own was grave"--Richard Hughes, A High Wind in Jamaica)
[ Post Reply | Private Reply | To 4 | View Replies]

To: COBOL2Java

You left out dividing it by the number of times he’s eaten at that Delaware restaurant that doesn’t exist anymore.


50 posted on 02/07/2009 7:18:16 AM PST by supremedoctrine ("One was drawing funny faces, but his own was grave"--Richard Hughes, A High Wind in Jamaica)
[ Post Reply | Private Reply | To 27 | View Replies]

To: 82ndABNOfficer
I just love this guy! Every time he opens his mouth it is music.



He's got some killer dance moves, too :)


51 posted on 02/07/2009 7:21:12 AM PST by SparkyBass
[ Post Reply | Private Reply | To 1 | View Replies]

To: AmericanInTokyo

I agree with you 100% — opposition research on the man even here in the States shows essentially the same thing so I can only imagine what foreign Intelligence reports say. I have this vision of the terrorist rubbing their hands together in glea. ZERO has never been one to take any criticsm from all accounts and has always been handed positions instead of working to get them. ACORN carried the water in the DEM Primary with huge voter fraud especially in Caucus States.

Not even sure he will last a year and the more attacks on him and his handling the office, the faster the meltdown will happen IMHO. When I heard Dr. Coburn on the floor of the Senate last night he was genuinely pained that this Senator who he helped show the ropes was now totally partisan and not interested in what Republicans had to offer. I got a sense last night that the Senators speaking know he is not up to the job. His coming after Republicans in front of the House Dems did not play well at all and in fact, turned Senators off to the man.

Don’t think ZERO is stable at all which is scary. When he feels confined by the WH already, this man that has never had to work is in trouble. He acts like a kid with a jar full of candy to sample not the President. His speech against Republicans the other night was divorced from reality IMO.

Worst start to an Administration ever and getting worse by the day. I think you are correct about the pool as much as I hate to think what lies ahead, you have it nailed IMHO.


52 posted on 02/07/2009 7:22:00 AM PST by PhiKapMom ( BOOMER SOONER! Sam Bradford Heisman! LetsGetThisRight.com RED STATE Oklahoma Republican)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Right Brother

I figure this: I used to estimate markets for a living; ie. how many dollars of product X sold in Russia?

Often there would be virtually no data to support an estimate. So, you would have to build an estimate from “inflowing” data. For example, refrigerator sales could have lousy numbers. But I determine the potential number of owners, a basic replacement rate, an average sales price, income ranges and then hack up an estimate.

In uncertain conditions where you manage to arrive at a number, you need to assign a confidence to it expressed by error bars; i.e., $100 million in annual sales, +/- 15%. The most common conclusion is to say, I could be right or wrong. So, I assign a 50% chance. That’s easy.

But, in HIGHLY uncertain conditions, where the data really sucks a raw egg and your estimate is hardly any better than B.S., two things happen: Your chance of being wrong increases (obviously) and the error ranges you assign to each estimate increase as well. Instead of 50% right, your chance decreases to 30% because that is where you estimate meets the next set of error bars.

So, having wrestled with estimation problems with the highest possible uncertainties, I know that saying 30% right is the same as saying “shit if I know.” Good work, Joe.


53 posted on 02/07/2009 7:35:08 AM PST by bioqubit
[ Post Reply | Private Reply | To 9 | View Replies]

To: Vigilanteman

Well, those aspects AS WELL are bound to be in foreign spook psycho-state analytical reports on him!! ;-)


54 posted on 02/07/2009 7:45:42 AM PST by AmericanInTokyo (Kim Jong il outlasted George W. Bush...And with a bunch more nukes to boot. Some "legacy", eh?)
[ Post Reply | Private Reply | To 47 | View Replies]

To: cbkaty

If only it were just minimization of risk. Unfortunately, they transfer all the risk to some other poor schlubs who don’t even know they are assuming it. Like us taxpayers. We get to bail out all the profligate, irresponsible wastrels.


55 posted on 02/07/2009 7:52:38 AM PST by ProtectOurFreedom
[ Post Reply | Private Reply | To 25 | View Replies]

To: 82ndABNOfficer

Dear Mr. Vice President:

I’ll take the over.


56 posted on 02/07/2009 7:54:54 AM PST by RichInOC (The Obama Administration: We're Not Smarter Than Trig Palin.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AmericanInTokyo; All
"...Barack H. Obama has an elevated potentiality for instability and becoming erratic, prone to a mental collapse--with an arrogant, Mussolini-type savior complex on top of it..."

I would say that is about right.

57 posted on 02/07/2009 8:39:04 AM PST by rlmorel ("A barrel of monkeys is not fun. In fact, a barrel of monkeys can be quite terrifying!")
[ Post Reply | Private Reply | To 37 | View Replies]

To: 82ndABNOfficer

He does not know how to keep his trap shut.


58 posted on 02/07/2009 9:43:26 AM PST by dbz77
[ Post Reply | Private Reply | To 1 | View Replies]

To: 82ndABNOfficer

The man is such an idiot.


59 posted on 02/07/2009 10:07:47 AM PST by PaleoBob
[ Post Reply | Private Reply | To 1 | View Replies]

To: 82ndABNOfficer
Biden knows this is not a stimulus package. A stimulus package would address the tax situation and help by cutting taxes across the board....that would indeed put our economy back on track. Democrats want power and will not do anything that might diminish their chances for it so they won't cut taxes.

Obama has never told YOU just what was in his package and WHY we so desperately need it NOW with no time to read the text....get that? READ THE TEXT OF THE BILL? What is he so afraid of and just who does he owe more to than his allegiance to his country? Big questions for a president who is having a near meltdown publicly. He isn't leading the country he is Bleeding the country.

60 posted on 02/07/2009 11:49:57 AM PST by yoe
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-63 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson