Obama's List of Flip-Flops Grows and Grows

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691FH7

Xaeuullq of DE 2:43PM July 15, 2009

Obama’s attack on our free market economy began long before the current crisis. The following legal documents, news articles, and video show his part in causing this crisis over the past fifteen years. Now he uses it as an excuse to do even more damage. To him, our free enterprise system is a giant merciless beast that he and his allies have succeeded in wounding. In a free market, your choices as a consumer, select against society’s losers, which he represents. This is why the Obamabots, having won, are still seething with hatred for their opponents. Having wounded the beast they are now closing in for the kill. The recovery of our free market economy is not their objective. They would rather replace it with something else. So their policies are only making matters measurably worse. They want revenge for the unfairness they perceive in the free market.
These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=ivmL-lXNy64&feature=channel_page
http://www.youtube.com/watch?v=8vJcVgJhNaU&NR=1
http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This pattern of behavior must be stopped to protect the economic future of our country.

Barry of CA 1:25PM June 22, 2009

So now the right wingers are AGAINST fiscal responsibility, because the President is FOR it.
They're now AGAINST Paygo?
Talk about a flip-flop.
Seriously, does the Republican Party have any principle at all? Or is their only principle opposing anything a Democrat does. They change their "principles" like I change my socks.
HERE'S a suggestion for the Republicans: Try being Americans FIRST, and try putting your country ahead of your party.

Ignatz Mouse of NY 9:45AM June 20, 2009

I'm not writing in support of Obama or bashing him... But the fact that people accuse Obama of flip-flopping is really really really GOOFY... Every president has flip flopped. Even worse, presidents have LIED!!! Yes, Bush W LIED LIED LIED to us about a war for years. He lied about it even being over... It wasn't over, it had just started. Bush said "oh I'm going to cut this and cut that in spending. And Democrats, all they do is spend spend spend." But he spent probably more than any president has in a 8 year term... He spent on Military and Defence (which we should call Offense in America, because we haven't defended ourselves since WWII)...
So, yes, SURPRISE!!!, all presidents have flip flopped.
Remember Bush Sr.'s famous speach, "NO MORE NEW TAXES!!!" How we forget so soon... He turned around right after that and raised taxes... C'mon American People, you've gotta be smarter than this...

Think4Yurself of CA 7:38PM June 12, 2009

How very prudent of our President, closing the barn door after the herd stampeded through. Of course this doesn't mean any less spending, it means BOHICA taxpayers. You don't make over $250K? Get ready for the next flip-flop...

Brad of TX 11:45PM June 10, 2009

You’ll need to look further back than that for the cause of this economic crisis. These legal documents show Barack Obama suing Citibank under the Community Reinvestment Act (CRA) from 1994 to 1998, where he and other lawyers got $950,000 in legal fees without finding any evidence of wrongdoing:
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-9000.pdf
http://clearinghouse.wustl.edu/chDocs/public/FH-IL-0011-0007.pdf
This was part of a legalized protection racket perpetrated on our nations banks, and part of a widespread systematic shakedown, described in detail in this article published in the year 2000: "The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities":
http://www.city-journal.org/html/10_1_the_trillion_dollar.html
The New York Times reported on this in 2003, and explained what additional regulatory action the Bush administration tried to initiate to protect the banks, in "New Agency Proposed to Oversee Freddie Mac and Fannie Mae", only to be blocked by Democrats in congress:
http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html?sec=&spon=&pagewanted=1
Obama, ACORN, Bill Clinton, the Clinton Administration, and members of congress explain what happened here in their own words in these videos:
http://www.youtube.com/watch?v=ivmL-lXNy64&feature=channel_page
http://www.youtube.com/watch?v=8vJcVgJhNaU&NR=1
http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
This video connects the dots:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487
Thomas Sowell summarized it all in his column, "Do Facts Matter?":
http://article.nationalreview.com/?q=NGRjODM1MTJlOGZiZDk2ODI4NTUzMWMxYjgwMjliMGQ
The Washington Post provides additional detail: ("Where Was Sen. Dodd? Playing the Blame Game On Fannie and Freddie"):
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/11/AR2008091102841.html
The Wall Street Journal provides additional detail: ("Blame Fannie Mae and Congress For the Credit Mess "):
http://online.wsj.com/article/SB122212948811465427.html
This is about ‘the content of his character’, and a pattern of behavior that must be stopped to protect the economic future of our country.

Barry of CA 6:57PM June 10, 2009

Bonnie seems to forget that the economy collapsed between September 2008 and January when Obama took office. The deficit budget was already projected before Obama took office. From the Congressional Budget Office "DATA" spreadsheet
http://www.cbo.gov/budget/budproj.shtml
1. $1.6 trillion of the $1.8 trillion defict in 2009 was already projected before Obama took office. So was 95% of the budget.
2. Ten years from now, the deficit is 765B more with Obama spending proposals than without them
3. The main differences are caused by
- Obama's middle class tax cuts
- Obama fixing the AMT
- Obama's middle class tax credits for "making work pay" and children
In this context, a limited Paygo system for entitlement spending is sensible - because it prevents the budget from truly exploding. While we must pay down the debt, we must first re-build a country that is capable of paying it down...not just blindly balancing the budget. Obama's spending in energy, health, infrastructure and education are aimed exactly at re-building the middle-class capacity to work, earn and pay taxes while providing a competitive labor pool for business here in the US.
Go to recovery.org to see where ARRA dollars are being spent in your neighborhood.

Young Atheart of CA 6:22PM June 10, 2009

is getting around to the idea of those top end tax hikes which everyone knows are not only necessary for the budget but which would be good public policy for a multitude of other reasons---except for this pesky recession. But the recession is not forever.
There is no good reason for a president to NOT embrace some kind of a "PAYGO" plan about everything and all the time. Imagine,
for instance, six years ago we might have enacted the "war on terror" income tax surcharge before we started into Iraq. That would have had us all participating (not just the military families) and probably would have made the whole thing much more efficient and effective.

Muser of NM 3:54PM June 10, 2009