Is Obama like an airheaded teenager with Daddy's platinum card at the mall? Does he even have a CLUE what he's?

doing?



All he knows how to do is

spend

spend

spend



The furor over the huge federal spending under Obama -- a $1.75 trillion deficit, 13 percent -- obscures an even more basic question, does he know what he is doing?



That is, does Obama know how to do anything other than spend?



His stimulus package, of course, took no special ability. He left the details to Democrats in Congress. But his two other major initiatives -- his banking- and mortgage-relief plans -- are both flawed and unlikely to solve their respective problems.



Indeed, they're so wide of the mark as to prompt questions not of Obama's ideology but of his basic competence.



The bank-bailout plan seems to be largely stillborn. Having wished that the private sector would flock to invest in toxic assets if offered the right incentives, the Treasury secretary is still hoping. Crossing his fingers seems to have replaced effective policy in his planning.



To date, no massive infusion of private-sector capital seems in view and Washington is doing little more than writing checks to prop up the failing banks. That doesn't take a genius. But the difficult task of relieving the banks of toxic assets so they can rekindle the flow of loans seems to be beyond the ability of the president and his administration.



It was Clinton-era Housing Secretary Henry Cisneros who urged Fannie Mae to spend 42 percent of its money buying mortgages for lower-income people and who suggested that they no longer require down payments. And it was his successor, Andrew Cuomo, who upped the ante to 50 percent of the Fannie Mae portfolio.



After Democrats inveigled people to buy homes they could not afford, how can they justify passing a plan that excludes them from assistance?



It appears that Obama is at sea when it comes to financial policy, economic-recovery planning and credit-rescue efforts. We're stuck not only with a socialist but seemingly an incompetent one.



http://www.nypost.com/seven/03162009/postopinion/opedcolumnists/boggled_bam_159738.htmIs Obama like an airheaded teenager with Daddy's platinum card at the mall? Does he even have a CLUE what he's?
Obama is a screw up...plain and simple.Is Obama like an airheaded teenager with Daddy's platinum card at the mall? Does he even have a CLUE what he's?
Get over it, Bush and the GOP's mess will take a decade for Obama to clean up.



Obama 2012 - 2020
blank check
Appears Republicans love to spend too.



http://www.commondreams.org/headlines03/鈥?/a>
Having fathered three airheaded teenagers, I can authoritatively give that a ';no.';
How dare you sir, you venture to come in here, offer facts and contributing

data to support your argument. Do you not know, that you have just

struck a hypothetical match in cave full of Dems libs and bots, And

you now have them pinned to walls in tears, Shame on you, PETA will

get you for doing this,
They hate Bush for his runaway spending and ye praise Obama for doing the same thing bush did but on steroids.



Remarkeable.
not a great analogy because I believe BO knows *exactly* what he is doing and that is to *wreck the country we love* and rebuild it according to his radical views!