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231 Comments
- slackin, on 03/06/2009, -23/+89Yep. We're screwed.
- inactive, on 03/06/2009, -18/+78Twitter is still trying to figure out how to make money.
We're f*cked. - AlyxVance, on 03/06/2009, -13/+59I'm going to go ahead with a big WTF on this one.
- Charlotte_Web, on 03/06/2009, -34/+70I sure HOPE we survive the President's economic CHANGE.
- UWSA, on 03/06/2009, -25/+54Amazing isn't it! Shows you how out of ideas they are in the White house.
- AlyxVance, on 03/06/2009, -5/+30pretty much sums it up
- chriskzoo, on 03/06/2009, -40/+63I am convinced Obama is the worst Executive this country has ever elected. Among his economic advisory panel is the governor of Michigan, who has never successfully run anything and presides over the most economically depressed state in the nation (also my state, FYI) and Jeffery Immelt - who has presided over GE while it's stock has dropped 80% the last 7 or so years.
- cyberkickme, on 03/06/2009, -8/+31This just hit the front page. Meaning all the anti-Obama comments above are about to get buried.
- inactive, on 03/06/2009, -14/+33Making poop on economy now
- inactive, on 03/06/2009, -16/+33White House consults head twit.
Is the goverment going to be down every other day? Is that a good thing? - inactive, on 03/06/2009, -16/+33Wow. They're going to get economic advice from a guy that runs a business that doesn't make money.
- tpmidd, on 03/06/2009, -20/+37@BarackObama you're doing it wrong
- lukelucas, on 03/06/2009, -12/+27buried for misleading title and retard conjecture. its a conference with other "young business leaders," not a direct, Oval Office consultation. RTFA, asswipes.
- waluum, on 03/06/2009, -15/+30At first I wondered why he would seek the advice of someone who created such an absolutely worthless, and truly degenerate, product. But then I realized, the administration wants his advice on how to sell just that, which for them is the bailouts and the upcoming "Global New Deal" which will more than likely ask Congress to pledge another trillion or more of future American tax dollars to foreign nations.
This administration on grounds of incompetence is worse than that of Bush, hands down. - samard2002, on 03/06/2009, -15/+30Wow. Basically they want advice on how to be popular, not profitable.
WOW. - Insightful, on 03/06/2009, -13/+26Wow, sensationalist much?
Like any President Obama also had Boy Scouts visiting the White House but that does not mean that suddenly everyone is busy learning how to tie knots.
Buried. - inactive, on 03/06/2009, -12/+25Ignore Wall Street and consult with Twitter....sounds like a winning strategy.
- voyetra8, on 03/06/2009, -9/+22FTA: The administration invited him to join a “young business leaders" summit to discuss the economic crises.
I don't know about you, but I like the idea of the White House reaching out to young, entrepreneurial thinkers. - misterrock, on 03/06/2009, -2/+15every time i see twitter in the news i want to punch myself in the face.
i was beginning to think I was the only one who thought twitter was ***** stupid. - vvaduva, on 03/06/2009, -14/+26RT @all we are so @screwed and this is a #disaster
- gcnaddict, on 03/06/2009, -13/+24Holy *****, this submission and the headline are misleading.
He's been invited with other small business and startup leaders just to TALK about the economy, not propose solutions. You guys are incredible. - matt85163, on 03/06/2009, -11/+22Going to the White House for a “young business leaders" summit = Being put in charge of saving the economy?
I think this is turning into the "Sarah Palin Syndrome." Things that would have otherwise happened are now being picked apart for the purpose of piling on. I'm pretty sure people go to the White House for reasons other than making major policy decisions.
I also find it funny that you guys bag on Obama for inviting the CEO of Twitter even though it's not profitable. I'd bet the majority of people giving their opinion on how to fix the economy (that means you, 90% of Digg) never ran a business either. Doesn't mean your opinions are any more or less valid, I'm just saying. - addingyears, on 03/06/2009, -1/+11@blurr123
"Don't put this on Obama."
From your comment, I'm assuming that by "this," you don't mean the 3,000+ point drop in the stock market since the election, because that has EVERYTHING to do with Obama and how little confidence investors have in him. - inboxnews, on 03/06/2009, -8/+18More like they never had any ideas.
- addingyears, on 03/06/2009, -0/+10@lordvonce - trending downward is not the same as dropping like a rock on Jupiter.
- alan93, on 03/06/2009, -14/+24FAIL
- dalittle, on 03/06/2009, -12/+21Love how most of the criticism of Obama has absolutely no alternative plan or ideas. Those folks must be typing furiously in their parents basements.
- voyetra8, on 03/06/2009, -0/+9You'll get buried. People hate it when the truth doesn't fit their world-view.
- blurr123, on 03/06/2009, -9/+17the change started over a year ago. Dont put this on Obama
- anthropodeus, on 03/06/2009, -3/+11obama is not the worst, but he is definitely making a huge gamble with these economy shenanigans. most likely what will happen is that the economy will still sink to the same place it would have gone if governments hadn't intervened, just more slowly. but in addition, we will have massive inflation and government debt.
i think i will run an internet line to a log cabin somewhere and grow my own food. until the government finds me and tells me to give them the 30+ thousand dollars of mine that they've spent without my permission. - AlexShrugged, on 03/06/2009, -7/+15Can the title be any more sensationalist?
FTA: "The administration invited him to join a “young business leaders" summit to discuss the economic crises"
So why pull out just one of the young business leaders involved? The one whose business makes no money in the US? "Discussing" and "seeking advice" are two different things, why act like Obama just made the Twitter CEO his chief economic adviser? The prez must be doing an alright job so far if this is the ***** that comes up. I appreciate that his administration is discussing things with varied sources. - ptemple2k, on 03/06/2009, -27/+34The Prez and his lackeys are in over their heads; the brightest and the best are possibly textbook smart but not street smart. They lack the experience and the problem solving skills of the "ol folks" they so disdain.
Rhetoric got them into office but cannot get them out of a mess. They have no idea how government works. They only thing they know how to do is collect a hefty salary, live on acclaims of rhetoric and media praise.
They have pulled experienced people in but cannot come up with solutions because they told the experienced to make it work...well it can't be fixed the way they want it..........unless you put socialism into action.
This is all how to bankrupt America and its citizens and then have the public hold out their hands for help...oh, the government will rescue you and you will do as the government bids you to do...Socialism.
Congress (specifically Pelosi and Reid) need to be gagged/recalled and sent to Siberia for selling democracy...and the Prez can join his friends Putin, Castro, Iran, Syria, and Venezuela and all those European socialists.
This administration is not transparent...the Fed won't give details up about banks and they are all a bunch of burglers. - Mankind121, on 03/06/2009, -1/+8You pay taxes everytime you get a paycheck
- inactive, on 03/06/2009, -0/+7I still don't understand what the hell is the deal with twitter either. Nothing groundbreaking at all. This has been around forever.
- 380ppm, on 03/06/2009, -2/+9"Obama is the one that declared that he would change it. You may think that his 2 months isn't enough time, but his proposed plans won't be changing much of anything either."
3.2 trillion printed "money" is going to really change what you and I can afford. - sloppychris, on 03/06/2009, -1/+7Every ***** time anything critical is said of Obama, the first thing out of someone's mouth is "...But Bush! But Bush!"
Has it not occurred to you that both of them can be wrong? That not everyone is chained to the false dichotomy both parties perpetuate to keep themselves in power? - Chahrlie5, on 03/06/2009, -24/+30Wait, so you're telling me that being a first term senator IS NOT enough experience to run a country?!
NO WAYYYYYYYYYYyyyyyyyyyyyyyyyyyyyyyyyyyyy
/MASSIVE SARCASM - dalittle, on 03/06/2009, -10/+16HAHAHAHAHA. And you propose what? More Bush policies? 5 weeks in office and he is the worst ever. Oh man, you cannot make this kind of stuff up.
- pilgrim3970, on 03/06/2009, -4/+95 weeks in office and all he's managed to do is ram alot of crap through that really has little to do with fixing the problems that caused this mess in the first place. All he's really doing at the moment outside of that is coninueing tha policies set in place by Bush (TARP).
The funny thing is Bush tried to fix but guys like Dodd, Frank, etc, would have none of that (I beleive the figure was that they tried 17 times to reform Freddie and Fannie).
I was really going to give the guy a chance but so far all I see is a huge amount of incompetence from his Administration. - Geography, on 03/06/2009, -0/+5Or once a quarter.
- jackjkaplan, on 03/06/2009, -1/+6Obama is the one that declared that he would change it. You may think that his 2 months isn't enough time, but his proposed plans won't be changing much of anything either.
- zacharytelschow, on 03/06/2009, -2/+7Bingo. Obama seeks economic advice from phenomenally popular online service that is not profitable. Evidently he's more concerned with stimulating his popularity than our economy.
- ozel01, on 03/07/2009, -1/+6@everyone in this thread with a failure to understand how our economy works. 1) Our economy works positively on a large dose of confidence. It works negatively on a large loss of confidence. 2) Government dumping money into the economy and gobbling up assets makes almost all investors extremely skittish. When the government is pushing one bail out right after another, it makes investors pull their money out of the system. That is why the market cannot, and will not find a floor. At the start of the Great Depression, our unemployment rate here in the good ole USA was a mere 1%, the lowest in the world. By the late 1930's we were at around 20%, with the rate peaking in 1933 at 25%. When Noxon resigned, along with the Arab oil embargo, the DOW dropped 40%. For those keeping track, the DOW is now 60% lower than it's record close in October 2007. Four years of the Carter tax and spend agenda couldn't get the economy going again. It wasn't until Reagan cut the top marginal tax rate from 70% to 28% that the economy made its turn around and brought in the longest period of peacetime growth this country has ever seen. Seven years into the FDR New Deal, his Fed Chief lamented they had spent all that money (half a trillion dollars) and it had not worked. Carter lamented the "national malaize" the manufacturing sector was having. The common thread between both of these periods was exhorbitant taxation on "the rich" to pay for welfare programs. Guess what, Obama is implementing the exact same programs, with different names. Ultimately, that is only going to prolong the market correction. 9,000 banks failed in the great depression, even after all the governmetn help to stabilize them. We are going to dump $180 billion into a company to keep it open and the entire net worth of that company is only about $6 billion. What economic sense does that make? Would you pay $1.5 million for a vehicle that is only worth $50,000? Nothing Obama is doing is going to stop the market losses. It will continue to decline for some time. Since income tax refunds are in the mail, I expect it to be up and down over the next three or so months. After that, it is going to be pretty much down until income tax time next year. Back last summer when the DOW was running at around 9,000 I stated that if Obama got elected AND he implemented all of his plans, the DOW would be cruising at somewhere between 4000 and 6000. Well, we are getting pretty close to that 6000. Later in the fall when he announced more of his programs, I said we would be lucky to see the DOW running at 2000 to 4000. If we don't get the tax and spend under control immediately, that is exactly what will happen. Tax and spend has never worked to stimulate anything except the warm wet feeling running down the legs of just about all democrats in congress and their left wing cronies. Tax and spend is going to cripple our economy again and not until someone gets the spending under control, gets government out of the private sector, and gets taxes back to a reasonable rate are we going to see real economic recovery. Obama has no intention of getting the economy moving again. He is intent on passing all of his agenda now and sacrificing a second term if that is what it takes.
- mimigins, on 03/06/2009, -0/+5Nah once it hits the front page it's not just for right wing crazies anymore. It'll start to balance out soon.
- Insightful, on 03/06/2009, -0/+5Seriously.
Evan Williams also tweeted that "Got in elevator, forgot to push button. For a while."
OMG. This must be a metaphor that the elevator is American economic policy and Obama is not pressing the button! 2nd Amendment! Obamanation! Socialist!
Also, "I've had it with email."
See, this is another metaphor that Obama hates e-mail and um... will force Americans to not use e-mail and use Twitter! Socialism.
"Me: "Can you break a hundred?" Cabbie: "Is it a real or a counterfeit hundred?" Me: "I'm no expert."
See, we need to read between the lines here. Obama clearly is the (socialist) elitist with the hundred dollar bill. Cabbie represent real hard workin' gun-totin' America lovin' non-Socialist Americans. When Evan says "I'm no expert" he is actually point out that Obama has no experience and does not know US currency because.... Obama is actually born in Kenya (COLB foam at mouth). This twit is a foreshadowing a Constitutional crisis.
EV speaketh the truth. Get him on Limbaugh!
/heavy dose of sarcasm - ggeorge2814, on 03/06/2009, -15/+20Since when did all the conservative idiots learn how to use the internetz?
- bobburn1, on 03/06/2009, -1/+6He's basically saying that twitter is a well-run train wreck. Great, we've got a guy who knows how to run something at a loss, and he knows how to do it well!
- 380ppm, on 03/06/2009, -0/+5you are blind if you dont see that obama is contimuing those very same policies of borrow and spend.
- zacharytelschow, on 03/06/2009, -0/+5I say no representation without taxation - if you don't have any "skin in the game," you don't get to set the rules or decide how much you get to leech.
- inactive, on 03/06/2009, -0/+5Yes we are. Paul Krugman in the New York times today basically said Obama is fumbling the economy because of a severe case of indecision. He was a huge supporter of Obama but today called him THE BIG DITHER.
http://www.butasforme.com/2009/03/06/nobel-laureat ... -
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