Was Obama’s speech convincing? I didn’t think so!

Last night’s Obama rally left me unconvinced he has any fruitful plans forthcoming in time to save the economy!

As Bush said after Katrina… “You’re doing a Hell of a Job Brownie”

Geithner sat in the catbird seat and listened intently to Obama’s words like the rest of us did. Not once did his expression change. Geithner, the CFO of the Treasury, looked lost, hopeless and hapless. This is the man, in case you didn’t know, who is supposed to pull our economy back from the brink.

All that was heard from Obama, the great Orator, were lofty promises capped with…”you’re Americans”.. “Americans don’t quit”… “Americans keep going” …. Theres a big problem with that speech. It’s not Americans that got us into this quagmire. It’s the people sitting behind you, Mr. Obama. Turn around and have a look at the people responsible for this disaster of an economy… Nancy Pelosi and her partners in crime, Joe Biden and Harry Reid. Why aren’t “YOU” holding them responsible? Why aren’t THEY holding the Banks accountable for their own failures? Rather than lecturing US, the receivers of this disaster; why aren’t you lecturing the people responsible?

No, your speech was far from convincing. We never heard a solid plan with details on how you plan on turning the ebbing tide of this economy around besides throwing more of OUR money at this ever deepening black hole.

Why was “experience” dismissed as a requirement for the next president. You said: “Experience isn’t a pre-requisite for the next president” because “you would surround yourself with knowledgeable people, the best in the field of finance, who would work day and night to get this country moving again.” You said these words to your followers, the Kool-Aid drinkers, you bamboozled early on with the constant drone of changing Washington, fixing a broken system.

Well, all you’ve proven in the last 30 days is you’re all SIZZLE. When in fact we had the ‘STEAK with the ‘SIZZLE’ in front of us until you and yours conspired to blindside the public on May 31 2008 at the DNC’s ‘Count Every Vote Meeting’, where you denied Michigan and Florida their right to have their votes counted toward the legitimate Democratic Nominee, Hillary Clinton.

Because why? She had you beaten handily and would have been the legitimate Democratic nominee, allowing YOU time to gain 4 more years of much needed experience. Instead, we have to watch YOU limping through the presidency offering NO concrete HOPE of recovery and YOU HOPING NO ONE NOTICES.

Three months ago, Obama confidently announced he had the “fix” for the economy.

Read On:November 23 2008

And So It Begins

(ht/ lobotero)

U.S. President-elect Barack Obama has chosen seasoned policymakers Timothy Geithner and Lawrence Summers as his two top economic lieutenants to direct the fight to rescue the economy and stem the worst financial crisis in more than 70 years.

Obama plans to nominate Geithner, 47, president of the New York Federal Reserve Bank and a former Clinton administration official, as Treasury secretary, a transition official said on Saturday.

A main part of his portfolio will be managing the $700 billion bailout for the troubled financial industry.

Summers, who served as Treasury secretary under former President Bill Clinton, will become director of the White House National Economic Council, the official said.

The 53-year-old Summers, who gained Obama’s trust by helping to guide his response to the financial meltdown during the campaign, will play a broad role in shaping policy and coordinating among other economic advisers.

The two Clinton-era veterans have worked closely together and both command wide respect in financial markets, which could take comfort in the announcement. Obama plans to formally unveil the picks at a news conference on Monday.

The picks come after Obama announced plans earlier on Saturday for an aggressive, two-year economic stimulus package as he warned that the economy was at risk of huge job losses and broadly falling prices if swift action is not taken.

Three months later, February 24, 2009, all that has been accomplished under Obama’s leadership is; we are Trillions of dollars poorer and deeper in debt. Obama is burying the Taxpayers Deeper in Debt for the first time ever in our history.

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