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Chuch Todd- "Consumer spending got us into this mess."

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arcadian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:29 PM
Original message
Chuch Todd- "Consumer spending got us into this mess."
:wtf: Fuck you dude.
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Desimal Donating Member (19 posts) Send PM | Profile | Ignore Mon Feb-09-09 08:30 PM
Response to Original message
1. Obama reminded him that the banks got us into this mess
Todd wouldn't know. He's filthy rich. He's clueless and disinterested about who the real culprits are.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:38 PM
Response to Reply #1
12. Quite. It takes two to tango and there was a lot of pimping on the banks' side, like it or not.
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hendo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:46 PM
Response to Reply #1
17. Obama did acknowledge wreckless home purchases though
as one of the causes.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 10:36 PM
Response to Reply #17
27. Reckless mortgage lending as brought on, and endorsed by, the bu$h maladministration.
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elizfeelinggreat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 10:02 PM
Response to Reply #1
25. That was great!
I was so happy he corrected that.

As a bonus, think how many people watching thought of that sage advice, "Go shopping" :D
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Veritas_et_Aequitas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:30 PM
Response to Original message
2. We should be easy on him.
They haven't had to really research anything for the last 8 years. They just took the WH's talking points and ran with them. His utter confusion is understandable. :sarcasm:
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Inspired Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:30 PM
Response to Original message
3. There they go again, blaming this mess on the middle class.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:31 PM
Response to Original message
4. He aint't getting a free ride from the President of the US
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:31 PM
Response to Original message
5. And he got that asshole statement handed right back to him
Discredited immediately.
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truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:32 PM
Response to Original message
6. Chuck Todd = Severely out of his depth
..and completely mis-understanding the basics...
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:33 PM
Response to Reply #6
8. It's all the peoples fault, TOOL
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:33 PM
Response to Original message
7. Ummm...no. A financial market crisis caused by primarily poor banking practices did.
This is a rare downturn where the crash in economic activity can actually be directly linked to financial markets. I can't think of any other downturns in this country where that is true. The Great Depression does not even come close to fitting that mold.
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:33 PM
Response to Original message
9. Wow! I bet his face is red after that dressing down. And Obama did it
with intelligence and class.

This guy's something.
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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:35 PM
Response to Original message
10. Oh, but did you notice how Obama blew him off
He instantly said, he didn't agree with his premise, then went on his merry way talking about how the bank gambled on shaky assets?

:rofl:
rocknation
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:39 PM
Response to Reply #10
13. A comon sense President. Feels great, doesn't it?
:patriot:
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:47 PM
Response to Reply #10
18. Very sweet indeed. nt
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:37 PM
Response to Original message
11. Chuck Todd=let them eat cake.
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:39 PM
Response to Original message
14. A consumer ECONOMY got us into this mess
Offshore all the good-paying, solid jobs, and let the People eat credit cards -- administered by Wall St. swindlers.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:43 PM
Response to Original message
15. Weren't they following Chuckie's president
Bush - didn't he tell them to go shopping.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:46 PM
Response to Original message
16. I am sure he meant the consumer spending on military contractors and derivatives*.
He's not a complete moran. Oh, wait. Is it too late to hit Post Message?

* to name a few bushdoggles.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:47 PM
Response to Original message
19. doesn't Chuckie seem like a little Kid these days?

He's so over his head.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:18 PM
Response to Original message
20. When the President called on Chuck, I immediate mentioned what an ass he is...
then he went and proved my point beyond my wildest dreams.

It was great that the President didn't let him get away with it.
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:19 PM
Response to Original message
21. consumer spending artificially kept the economy afloat for longer than it should've
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hay rick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:59 PM
Response to Reply #21
24. "wealth effect"
People borrowed and spent based on artificially inflated net worths- inflated property values and inflated stock portfolio values. Much of that spending won't come back anytime soon. The economy should stabilize at a lower level of spending and output.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:24 PM
Response to Original message
22. "I like people who tell me I'm not responsible for doing anything wrong.
I mean just because I racked up thousands of dollars in credit card debt, bought a gas guzzling SUV, and a house I can't afford, doesn't mean I had anything to do with my problems. After all, the bankers put a gun to my head and told me I had to do it."
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 09:28 PM
Response to Original message
23. FAIL He had all day to draft a question and he couldn't get the info correct. n/t.
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mykpart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 10:33 PM
Response to Original message
26. But . . . but . . . Bush and Cheney told us to go shopping!
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