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Seeing Through Obama: The Whole World Must Be Drunk

ObamaFrom a transcript of President Obama’s Friday March 13, 2009 press event with Paul Volcker on the economy the following point was made.

But if we are — if we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we’re going to get through this. And I’m very confident about that.

All right? Thank you, guys. Appreciate it. Have a good weekend.

END 1:38 P.M. EDT

bushIn January 2009 after President George W Bush’s last State of the Union Address reports on the event included the President’s statement that economic fundamentals were strong. He was criticized for this appraisal and accused of being out of touch.

Mr Bush also sought to calm Americans’ fears about the troubled economy, while charting a course he hopes will keep him relevant in his final year in office.

He acknowledged that growth was slowing but insisted that the country’s long-term economic fundamentals were sound.

And he prodded Congress to act quickly on a $US150 billion ($169 billion) economic stimulus package laid out out last week.

mccainDuring the 2008 Presidential campaign after the field was reduced to the two major party nominees Barack Obama attacked John McCain on his insistance the econommic fundamentals were strong.

McCain says economic ‘fundamentals’ strong, Obama attacks

Sep 15, 2008

ORLANDO, Florida (AFP) — John McCain Monday insisted US economic “fundamentals” were strong despite a banking crisis and Wall Street meltdown, prompting a scathing rebuke from his White House foe Barack Obama.

John McCain said the economic fundamentals of the US were strong and Barack Obama pounced. President Bush made a similar statement in his last State of the Union speech and the President’s opposition pounced. This week President Obama states the fundamentals are strong and what happens? Nothing. A scan of news sources suggests most media outlets are saying Obama calls for a return to economic fundamentals. The whole world must be drunk.

Stanford Matthews
MoreWhat.com

This entry was posted on Saturday, March 14th, 2009 at 2:17 pm and is filed under Public Affairs, Money Matters, Bush, wordpress, Politics, McCain, News Media, obama, Opinion. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Seeing Through Obama: The Whole World Must Be Drunk”

  1. Debbie Says:
    March 14th, 2009 at 8:49 pm

    It’s funny [not]. Obama can say something and it’s wonderful. Bush or McCain or any Republican, and it’s stupid

  2. Stanford Matthews Says:
    March 14th, 2009 at 9:15 pm

    After his little talk alongside Volcker I expected much more commentary on his ‘fundamentals’ statement. Sure the MSM rarely fails to disappoint but this one was so easy. I don’t know that talk radio even mentioned it.

    Of course he hints what his idea of fundamentals are. The one thing that the opposition caused was pointing out all the doom and gloom coming from Obama. Funny, this week Larry Summers says that talk is hurting chances for a recovery and then the Messiah starts talking with smilie faces.

    With the likes of Obama, Geithner and the rest of the crew, this really is amateur hour. Of course it helps if you have a gullible audience or one that favors handouts and a nanny state.