????

But the "Office of the President-Elect," while critical in building the future government, has no official power -- which Obama himself acknowledged during his victory speech in Chicago on Election Night.

"It is an office -- it's just a quasi-government office for planning the takeover of the government," said Stephen J. Wayne, a professor at Georgetown University's department of government.

"Obama has no formal power as far as the existing government is concerned, but he has a lot of informal influence, which President Bush has encouraged," he added.



What was the question?

POTUSE

Notice it's dual meaning?

Yea that was kind of wierd to see the POTUSE get nationaly viewed press conference for things to come. Not a huge Obama fan here but lets just finish cutting off G-dubs head and get this sh!t rolling. Lets have inoguration on T-day, eat turkey, get drunk, and buy stuff the next day.

If no official power why the "advertisement".

Why not?

To make the holidays more joyous. GW is almost gone

It's so that the other 79% of the country who knows what an absolute disaster BushCorp has been can feel some sense of change and optomism, rather than reminding us that even with the election over there is plenty of time for BushCorp to foul things up even more.

Fish on...

Todd

CDS market value when GW Bush took office - 900 billion
CDS market value now - 62 trillion

I guess nobody noticed.

C'mon Hankster - everyone knows that WUTANG is for the Children

http://www.youtube.com/watch?v=BS181X4F3bw

That's enough to give me hope.

Hankster's still bitter.

He was sure McCain had it in the bag.

Obama will save us all.........








I hope.

The fact is, Bush and Cheney ran up a HUGE tab. And all that dough went to thier No-bid contractor friends. Companies they owned major stakes in.

Like so huge you're lifetime gross income wouldn't even come close to denting it. Its a bar-tab of Reaganomic purportions.

Someone's gotta pay for it.

Guess who that is?

Yep. Joe Sixpack.

Obama... well he may not be perfect, but he's a whole schitload better than the azz-reaming we've been recieving.

Amen Hankster!

Obama's gonna save us all!

I quit my jobs and am waiting for my share of the wealth. He's gonna divide the wealth so none of us will have to worry about how to pay for our homes, cars, or any bills.
In about a week you will receive a check in the mail for $250,000. This is a stimulous package that will be given to all people who make less than $50,000 a year. I just saw this on CNN. It was knida weird though, the reporter looked like Dave Shapel with a wig,

The divide the wealth bit is getting old. I have NEVER heard him say anything like that. If you have please post that. In fact, he recently said he will put off, for at least a year, reinstating the Reagan era tax rates on the wealthy.



But, if you took the total bailout dollars spent and proposed - by both Democrats and republicans you will get well over $100,000 for every household in America. How are you planning to pay that?

If you want to see socialism in action look at the current bailout payments which give companies our tax dollars in exchange for a share of the company. That is pure socialism. Brought to you by GWB who very likely can’t spell socialism let alone define it.

The whole thing is a joke Dave. Kinda like the Dave Shapel video at the end.

Lighten up! or should I say Light one up!

KKKevin and Hank, get a room.

It's only just begun. Wait about a year and see how many people are out of work. this country/government cant opperate without money. If 10% of america is jobless, then who is paying the taxes to the Gov?
This country can't opperate if everyone is on welfare. A job pumping gas of flipping bugers is gonna sound pretty dam good in a year. The days of living beyond your means is over. Credit cards are gonna be given out to 800 fica scores and that' it. This world is gonna become a cash world very soon. The trust of the people has been taken advantage of too much. Coreection is here and it's gonna hurt.

Irie,

You too can lick my nuts!

I expect nothing more out of you.

I suppose you think I have a "purty mouth."



If KKKevin took you fishing and you woke up with a condom hanging out of your ass, would you be surprised?

Actually, I don't think of you, as that would be feeding your swolen head.

Hank:


I know its mind boggling but the numbers they are tossing around are Trillions, not Billions. While the resolution of this mess will be left to Obama, let us not forget whose watch it occurred on. Bush spent like a drunken sailor, and then ended his fiscal orgy with a 700 Trillion handout his corporate buddies who proved to be as incompetent as his administration. (Now that really was welfare!) I don't really know what Bush was, but it sure as hell was not a fiscally responsible Republican.
It's too early for us to know what Obama will be, but it would be hard to imagine he could be any worse. The big difference is Bush took office with a balanced budget, a large surplus and a nation respected by the world. Obama takes office with two wars, a huge deficit that is growing by the minute, an economic crisis unmatched since the great depression and seriously damaged international relationships.
We need to be supporting our president in a time of crisis. Anything less is unpatriotic. Sure criticize when he screws up, as he surely will, but for God’s sake we need to be as supportive as possible in these troubled times.

You DO realize that all of our problems a year from now all have stemmed from the Bush Administration and the "legacy" he left us (and you).

Anyone unemployed in a year can than GW. Not like GW will care, as he's a fat-cat millionaire sitting in his Texas ranch laughing all the way to the bank with Cheney.

Too damn funny.

Parker,
I thought you were smarter than that.

Do you really believe the president caused all the americans to lose their jobs? C'mon man. Greedy americans were the cause. Not one man. "We the people" Looking to blame someone else for a loss of a job is not accepting responcibilty for your own actions. I have work, and plenty of it. and will continue to have it.
the boy scouts moto of "Be prepared."

Don't react to a bad economy, fix things before they go wrong, for sure don't put all your eggs in one basket.

I don't blame Bush for this anymore than the people who saty next to him and allowed this to happen. This whole thing boilds down to one thing........


GREED

Hank: You remind me of one of my best friends who is a very conservative republican. You are able to hold a discussion that involves actual thinking and no name calling. I enjoy give and take with you. Some, as you say, simply rely on grade school name calling. They are not worth wasting time talking to.
As you say there is plenty of blame to go around. Anyone who thinks this is mess is all Bush's fault or that Obama's election will somehow doom us all, simply isn't thinking.

Have great Turkey Day.

Here's an article from 1999 before GW was president that pretty much forcasted what would happen if the economy slowed.

From New York Times Article

"In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's"

Read more
New York Times Article 1999

Evindently you are mistaken too. Didn't you hear Parker tell us that it is all the Bush Administration's problem.
Quoted by Parker

Sometimes it's good to open your eyes and see what's going on around you instead of looking straight ahead all the time.

Looks like they nailed that one. I thinkl Obama needs to convene a bipartisan panel to investiget exactly what went wrong. I really don't too much care who is found to blame. I think Dems had a hand as did Repubs. So be it. Let's find out what happened and do what ever it takes to keep it from happening again.

I do know Clinton was an advocate for more loans to low income families. I know Bush was fully supportive of that and the Phil Graham pushed hard for less regulation. Plenty of blame. Now what's the solution?

Dave,
Not sure how to fix all the bad loans and ones that are about to go bad. The worst is yet to come. So many americans are just now losing their jobs. They may have enough money or credit cards to get them by for a year or two. That is when I see the big problem.
What happens when half of the country is out of work and their cards are maxed. Do we just file chapter 13? No way can everyone just avoid bad dept. Somebody has to pay. People who are not working right now, need to get motivated to start working at something, even if it's volunteer or part time.

Work is not a bad 4 letter word, yet opportunity for everyone to advance in life. We don't start at the top, we earn it. when we all realize that, we get started working in the right direction.

The CEO scandals of Enron were the begining of this huge problem that is about to sink our country. It would appear that we have too many OVERPAID Ceo jobs and not enough people to do the work, or should I say not enough people willing to do the work.
I talked with a friend who is out of work and asked when she was going to go back to work. She stated that she didn't like the field of work that she was in and not happy with the 36K a year she was making. She was going to wait for something better to come along. meanwhile her husband is laid off and they scrape to make ends meet. not to mention the credit card debt they have.
I'm not understanding the whole thing with waiting for a better job. In this time of the world, you should take what you can get.
I guess americans shouldn't settle for less than their credit cards can buy!

I think the thing that annoys me most about the present situation is the adamant claims of some that, "It ain't my fault." While I certainly will agree, if the ones so claiming are also the ones who have been financially responsible, but I believe it is painfully obvious that such is not the case.

It is to these people I ask, "How's your "look good" doing now?"

What we will all now witness, and which is at least partially to blame for your teachings in irresponsibility, will be higher crime rates, higher suicide rates, higher divorce rates, and on and on. And there is no way to stop it. Sweet.

Does anyone think that those who have spent and continue to spend beyond their ability to pay are now suddenly going to be willing to be responsible for their indebtedness? They have grown accustomed to living that way and will NOT be willing to do without in order to pay off the debts they have incurred. They will walk away and leave the mess to be cleaned up by others.....like a hurricane with fresh ground in front and disaster behind and no way to stop it.

The Brick Wall prediction was not a prediction.....neither is the wall we are headed at right now.......they're just facts. Bury your head in the sand and pretend it ain't happening.....go ahead....won't change a thing. But at least try to find something more substantial to blame your woes on than Bush.....that's just plain

You mean he hasn't already??