President Obama on Boat-Buying

[Ropetow]

From the President's remarks yesterday in Nashua, via Unionleader.com

"When times are tough, you tighten your belts. You don’t go buying a boat when you can barely pay your mortgage."

Wow, ya think so? What's next for the President of the Nanny State: Telling us what kind of toliet tissue to buy and when to buy it?

He's already telling us what kind of fuel we can use in our boats. What's next....air bags?

Or are there enough Nanny State windbags already?

[tis]

I caught that remark too! Yes, I think there are ENOUGH Nanny State Windbags! From local to state to federal!

[wifi]

How about "You don't come up with a $trillion budget when you don't have the income to support it"

[AC2717]

Originally Posted by wifi

How about "You don't come up with a $trillion budget when you don't have the income to support it"

Well said, and this message should be sent right back to him

[Turtle Boy]

Why are all these silly little rants in the boating forum? Perhaps(in a different forum) some of the windbags would like to discuss that the budget was balanced 9 years ago until GWB invaded a country using fabricated data and that the economy tanked under GWB's watch.

[LakeSnake]

Originally Posted by wifi

How about "You don't come up with a $trillion budget when you don't have the income to support it"

+1
For someone so willing to preach about fiscal responsibility, he really needs to take a look in the mirror.

The proposed Fed budget #'s are insane. Apparently he can plan to be very generous with our money - even when we don't have any???

[DEJ]

Originally Posted by Turtle Boy

Why are all these silly little rants in the boating forum?

Simple, he (Obama) made a comment about boats.

[Formula]

Originally Posted by Turtle Boy

Why are all these silly little rants in the boating forum? Perhaps(in a different forum) some of the windbags would like to discuss that the budget was balanced 9 years ago until GWB invaded a country using fabricated data and that the economy tanked under GWB's watch.

I can see this thread going in the wrong direction! We all know the kind of President Obama is

[Island Life]

Originally Posted by Formula

We all know the kind of President Obama is

An exceptionally smart one who took office when the country - and much of the world - was on the brink of financial disaster (not just a big recession) and had the guts to do what it took to ensure that most of us wouldn't be standing in soup lines today. One who is taking a lot of b.s. from people who would be a lot worse off today if it weren't for him. One who deserves for us to be a little more patient while we dig ourselves out of the hole the Bush administration left us in.

[jrc]

Originally Posted by Island Life

An exceptionally smart one....

How smart can he be if he doesn't own a boat and doesn't live on Winnipesaukee?

This is not a political statement.

[DEJ]

Yup, blame it on Bush, how original.

[SIKSUKR]

It is time for some people to grab their neck really tight and pull very hard to get that head out of the starstruck sand.

[brk-lnt]

Originally Posted by Island Life

An exceptionally smart one who took office when the country - and much of the world - was on the brink of financial disaster (not just a big recession) and had the guts to do what it took to ensure that most of us wouldn't be standing in soup lines today. One who is taking a lot of b.s. from people who would be a lot worse off today if it weren't for him. One who deserves for us to be a little more patient while we dig ourselves out of the hole the Bush administration left us in.

LOL, you make it sound like he made some kind of great sacrifice and selflessly gave up a more lucrative job to save us all from ourselves.

You are correct, it will probably take a few more years to dig us out of the hole that the Clinton administration first commissioned. Obama is a guy with no answers though.

I happen to think that his statement was a simple analogy saying to not spend more than you make, which is a piece of advice many people (Obama included) could all stand to heed at their own levels.

[Seaplane Pilot]

No, please keep going. This is really exciting to see just how the party lines divide between certain forum members. The continuing knee jerk reactions from the left: 1) Blame George Bush. 2) The Republicans keep saying "NO"

What a coincidence...the Obama supporters are also the supporters of certain "laws" being imposed on the lake.

One
Big
A**
Mistake
America

[dog paw]

Originally Posted by Formula

We all know the kind of President Obama is

Would that be a fraud?

[offmycloud]

If Obama keeps it up the only boats we'll be have will be crappy little rowboats that will be heavily taxed by the gov't, probably owned by the government.

There doesn't have to be a socialist revolution for socialism to take hold, just more and more taxes and fees that will drive everything to be poor quality, dull and no fun.

Remember when airline travel used to be fun and they served meals and the stewardesses were happy? Thanks to the government they taxed and fee'd that industry into a stupor and now flying sucks.

They are now trying to do that with automobiles with the goal of getting us all to drive stupid little hybrids which are taxed to obscene levels because we won't take the government's public tranportation.

Boats will surely follow - why would someone need a boat? It doesn't serve the common good.

[gtagrip]

Originally Posted by Island Life

An exceptionally smart one who took office when the country - and much of the world - was on the brink of financial disaster (not just a big recession) and had the guts to do what it took to ensure that most of us wouldn't be standing in soup lines today. One who is taking a lot of b.s. from people who would be a lot worse off today if it weren't for him. One who deserves for us to be a little more patient while we dig ourselves out of the hole the Bush administration left us in.

There is a big difference between being book smart(which Obama is)and being street smart(which Obama is not). Street smart will always out weight book smarts!

[ITD]

Obama has been in over a year and he and his buddies are still blaming Bush. I love the Bush Derangement Syndrome outbursts here, quite telling. Obama needs to stop wrecking this economy. It's the jobs stupid, and that doesn't mean we need more government jobs. I wish he would shut up, get out of the way and let the people start rebuilding the economy.

[TomC]

that will tell us whether the socialism plan has taken root (and we're all sheeple) or whether the masses stand up and give the heave-ho to the incumbents who seem to want to turn us into France... as for lake content: the French Prez likes Wolfboro, so we can at least take solace in that...

[Formula]

Originally Posted by dog paw

Would that be a fraud?

More like an empty suit!
I was hoping that this was not going to turn into a political thread. I justed wnat to pilot my non-goverment funded, non-goverment built boat at a max speed of 45MPH.

Our current President has no experience on running anything. But maybe he can turn to his criminal tax fraud advisers to help him run the country

[gtagrip]

Originally Posted by Formula

More like an empty suit!
I was hoping that this was not going to turn into a political thread. I justed wnat to pilot my non-goverment funded, non-goverment built boat at a max speed of 45MPH.

Our current President has no experience on running anything. But maybe he can turn to his criminal tax fraud advisers to help him run the country

And maybe John Edwards could help him out with marriage issues if they ever arise!

[LakeSnake]

Originally Posted by TomC

that will tell us whether the socialism plan has taken root (and we're all sheeple)

Taken root - yes - already has. It's like dandelions. To the casual observer they don't appear until one flowers - but by then it's to late - they are already everywhere.

Somebody's got to go buy a #### load of weed-be-gone and rent a crop duster.

[dog paw]

I think its way past weed be gone. More like 2D4 or Agent Orange

[offmycloud]

And in the same sentence he made the comment about how people shouldn't spend their money at Las Vegas - why does that ivy-league moron feel he should be able to dictate to everyone how they spend their money!

More socialistic, nanny state yammering from the adolescent running our country...

Ok - I'll stop now. This is supposed to be a place to talk about the lake we love. I realize that.

I'm also very thankful we live in a country where we can post this stuff without the fear of getting a knock at the door by guys in jackboots (for now, remember his talk of a national, civilian police force? - yes, that"s the SS).

[Little Bear]

Obama loves to "talk" to us, but quite frankly, he should be "listening" to us. The party is over for him and the rest of the democrats. People are mad as hell and not going to take it any more.

[NoRegrets]

The lines are pretty clear and predictable on opinions on this matter. I am sure the boating reference was painful to everyone who makes their living based on this industry. The budget issues and blame bush are a reflection on problem without understanding some of the policies that were set by our politicians. If you truely want to ponder the situation and not do a party line blast here are a few epic social events that I believe got us into this mess.

1) The CRA (Community Reinvestment Act) was started under Jimmy Carter at 5% (resonable) but increased to 30% under Bill Clinton (totally over the top by forcing banks to give mortgage money to high risk ventures).

2) Repeal of the Glass - Seagull act. 1933 this law was created to prevent another "great Depression". It regulated Banks, Insurance companies, and Inventment brokers to insure deals and commerce were not controlled by a single entity. Bill Clinton signed this allowing the AIG's and big banks to make massive profits based on questionable practices.

3) 2000 - Bill Clinton signed the Futures Commodities Modernization Act. This allowed the deregulation of energy stock trades causing wild speculation and price spikes. When was the first time you ever heard of oil increased based on a storm in the Gulf of Mexico? 2002. All energy trades were monitored and fixed based on a supply and demand equation. Now they are traded on the international market and nobody can set any sort of regulation on them. Thanks Bill.

The final straw if you are curious was the appointment of Franklin Raynes to the CEO position at Fannie May. He was convicted and fined 31 million dollars in 2004 for his deeds on cooking the books and processes at Fannie May. His friends in congress reset his fine to 3 million. He retired and gets a 1.2 million per year pension. Look his story up on Wikipedia for his political connections and bio. It will make your blood go cold and wonder why media does not tell the facts. This criminal worked for Jimmy Carter then Fannie May, then Bill Clinton and Bill then appointed him to the head of Fannie May.

These policy blunders set the stage for the our current situation. The 911 war was no help. Bush was a budget fool and communication idiot. I do not believe he had any control over anything and signed away to many programs.

I do not believe this is a side issue but detest the Bill Clinton policies that set the stage for the bitter political battle that is being fought by mindless puppets in the Palosi and Read chambers. They should all get the boot after the tar and feathering parties. Have a great day!

[Rattlesnake Guy]

I am confused by his logic (or lack of) when you consider that the majority of our economy is based on us all working and paying taxes and spending money on boats and Las Vegas so others can work and pay taxes. Even after all the politics, he has to realize that if we all save our money, the consumer spending based economy will collapse. I hope he gets a clue soon. If he truly wants more of us to work, he should not try to discourage us from buying the things that put people to work.

[Lakegeezer]

Obama knows that half the country says NO! to any idea he proposes, so his speach was really a brilliant move in reverse psychology.

[ApS]

Originally Posted by Lakegeezer

"...Obama knows that half the country says NO...!"

And more than half of Massachusetts!

[MAXUM]

Originally Posted by Island Life

An exceptionally smart one who took office when the country - and much of the world - was on the brink of financial disaster (not just a big recession) and had the guts to do what it took to ensure that most of us wouldn't be standing in soup lines today. One who is taking a lot of b.s. from people who would be a lot worse off today if it weren't for him. One who deserves for us to be a little more patient while we dig ourselves out of the hole the Bush administration left us in.

So do tell what exactly has he done to turn things around? Quadruple the national debt? Sure Bush made plenty of mistakes when it comes to fiscal policy, so the best way to fix it is to accelerate it and us into bankruptcy. Exceptionally smart indeed, why didn't anyone think of this before?

Wow this kind of thinking is truly amazing.

[boat_guy64]

I'm taking my big AIG bonus and buying a boat. I don't care what the President says.

[Ropetow]

Originally Posted by boat_guy64

I'm taking my big AIG bonus and buying a boat. I don't care what the President says.

Maybe Scott Brown will buy a boat from a Winni dealer as a sign of his independence from ObamaNomics. Of course it'd probably be a used work boat with many, many hours on the meter!

[SteveA]

Originally Posted by jrc

How smart can he be if he doesn't own a boat and doesn't live on Winnipesaukee?

This is not a political statement.

Now that is funny!!!! (This is not a political statement either... it's just very funny!)

[SteveA]

Originally Posted by Seaplane Pilot

No, please keep going. This is really exciting to see just how the party lines divide between certain forum members. The continuing knee jerk reactions from the left: 1) Blame George Bush. 2) The Republicans keep saying "NO"

What a coincidence...the Obama supporters are also the supporters of certain "laws" being imposed on the lake.

One
Big
A**
Mistake
America

Wrong... I'm a raging liberal and don't support the speed laws on Winni.

[lawn psycho]

Personally, I would like to see Bush and Obama taken about 100 miles off-shore in a boat, throw the motor overboard and pull the drain plug.

As long as us common folk are fighting amongst ourselves, they are collectively passing the next piece of legislation that will save them money at our expense. If you think it's soley a Dem of GOP problem, you need your head examined.

The sucky economy allowed me to get a good deal on a boat. It was a good time to buy.

[SteveA]

Originally Posted by Lakegeezer

Obama knows that half the country says NO! to any idea he proposes, so his speach was really a brilliant move in reverse psychology.

I think it's working on me. My old 20" 50 HP pontoon is all paid off. Hummm...

maybe...

http://www.youtube.com/watch?v=tZN_5vpeQN4

That should help keep this thread related to Lake Winni.

and PS I'm serious

[Sunbeam lodge]

Originally Posted by wifi

How about "You don't come up with a $trillion budget when you don't have the income to support it"

They are not listening!

[Sunbeam lodge]

Originally Posted by NoRegrets

The lines are pretty clear and predictable on opinions on this matter. I am sure the boating reference was painful to everyone who makes their living based on this industry. The budget issues and blame bush are a reflection on problem without understanding some of the policies that were set by our politicians. If you truely want to ponder the situation and not do a party line blast here are a few epic social events that I believe got us into this mess.

1) The CRA (Community Reinvestment Act) was started under Jimmy Carter at 5% (resonable) but increased to 30% under Bill Clinton (totally over the top by forcing banks to give mortgage money to high risk ventures).

2) Repeal of the Glass - Seagull act. 1933 this law was created to prevent another "great Depression". It regulated Banks, Insurance companies, and Inventment brokers to insure deals and commerce were not controlled by a single entity. Bill Clinton signed this allowing the AIG's and big banks to make massive profits based on questionable practices.

3) 2000 - Bill Clinton signed the Futures Commodities Modernization Act. This allowed the deregulation of energy stock trades causing wild speculation and price spikes. When was the first time you ever heard of oil increased based on a storm in the Gulf of Mexico? 2002. All energy trades were monitored and fixed based on a supply and demand equation. Now they are traded on the international market and nobody can set any sort of regulation on them. Thanks Bill.

The final straw if you are curious was the appointment of Franklin Raynes to the CEO position at Fannie May. He was convicted and fined 31 million dollars in 2004 for his deeds on cooking the books and processes at Fannie May. His friends in congress reset his fine to 3 million. He retired and gets a 1.2 million per year pension. Look his story up on Wikipedia for his political connections and bio. It will make your blood go cold and wonder why media does not tell the facts. This criminal worked for Jimmy Carter then Fannie May, then Bill Clinton and Bill then appointed him to the head of Fannie May.

These policy blunders set the stage for the our current situation. The 911 war was no help. Bush was a budget fool and communication idiot. I do not believe he had any control over anything and signed away to many programs.

I do not believe this is a side issue but detest the Bill Clinton policies that set the stage for the bitter political battle that is being fought by mindless puppets in the Palosi and Read chambers. They should all get the boot after the tar and feathering parties. Have a great day!

Well written. But I think the house and senate write the laws. The pres only signs on. There is more than enough blame to go around.

[TomC]

the Gov't only has "take from"... Payroll taxes are quietly withheld, terms like "net pay" and "after taxes" enter the lexicon and get used so often that everyone forgets that it is YOUR money that is forcibly and unceasingly extracted from your earnings.. Maybe if there was no weekly withholding and every April (or quarterly to meet cashflow) the taxpayer had to write out a 4- or 5-figure check we would all pay more attention to how and where OUR money went. Right now its "out of sight/out of mind". A bunch of out-of-touch Washington insiders know what's best for us, right? They decide where the "take from" goes...

[fatlazyless]

Believe I saw a tall skinny African American guy getting out of a large Cadillac car surrounded by security types on Monday evening over at the Glendale -Gilford town dock and Glendale Marina area.

So I shouted out: Hey Barack, what you is doing here?


And he replied: Hey there Home-Boy, what you say, how's it going? And then he went on to say how he was shopping that Glendale Marina for a Manitou tri-toon equipped with an Evinrude E-tec 200-hp, since you can never have too much horse power. And, how it would be just the boat for pulling waterskiers, wakeboarders, and partying out on the Potomac River and powering out beyond the bay to some bigger waters.

As he was hooking up the trailer to the big Caddy, he says which way to Wolfeboro, cause Mitt Romney wants to get in some waterski time. Down the road it went, the boat, the car, the President and Mitt, all together headed back to D.C. except'n they did remember to get registered right there in Glendale so's to save 5-bucks.

He didn't hang around very long and it seemed like he was in a rush to get going, otherwise I would have suggested he check out some of the used pontoons lined up on the p-lot out back. But then, what the heck, anyone with
a Cadillac as big as that probably would not be buying a used boat. Seemed like a new boat type of a guy!

[NoRegrets]

Good Morning Sunbeam Lodge, Thanks for the input. You are spot on on that it is the house and senate that write laws. I was offering this high level list of events as "bush wasn't the only person responsible" for our current situation. I think the "bash bush" headline is a little over done. To your point of there is enough blame to pass along, the 2 laws I referenced were authored by both sides of the isle but the lead was republican senator Phil Graham from Texas. The Fannie May appointment was a presidential action.

We do have the responsibility to prioritize our personal spending like others in this link pointed out. A habit many fell into that we are paying the price for started with the tax reform act of 1987. one aspect was to eliminate all tax deductions from interest payments except your home mortgage. Since home values climbed so high we all thought the "bank" would always have more in it so many started the process of refinancing their property for car loans, then college for kids, and then toys. No problem as long as employment continued and house values kept rising. Unfortunately many were bit by the downturn. I do not know what percentage fall into this category but if it is only 10% we are talking about millions of families.

[Little Bear]

In the dreaded private sector, when a big corporation is tanking, the Board of Directors fires the CEO and hires a new CEO that will hopefully help the company recover and save it from gloom and doom. Historically, the new CEO doesn't spend their time blaming the prior CEO for the company's problems and using past history as an excuse as to why the company is in the position that it's in. Conversely, the new CEO focuses his/her efforts into recovery and growth, which is what they were hired to do.

Not the case for Obama and the rest of the democrats. All they can do is blame the prior administration for the existing problems, and use the prior administration as an excuse as to why they have had little to no success in turning this country around. Hopefully Obama will realize this and take proactive steps, but I think it's too late. He's in quicksand and there is no way out. They talked a good game and people bought it (which is how he got elected), but the "Hope & Change" has not arrived, nor will it.

[MAXUM]

Ya know you bring up a very interesting point here. When a new CEO is about to be considered to take the reigns of a company usually that is done with much thought and care. No company in their right mind would take somebody with little to no experience and put them at the helm. Nor would any board of directors and share holders ever approve of anyone who in addition to little to no experience had ideas and theories that would be detrimental to the best interest of said corporation.

CEO's are not hired based on popularity.

[Airwaves]

I am not going to repost my thoughts, you can read them in the now closed Don't Buy A Boat thread...post #6.

[Wolfeboro_Baja]

Originally Posted by NoRegrets

If you truely want to ponder the situation and not do a party line blast here are a few epic social events that I believe got us into this mess.

Let's see, in 1), you mention Jimmy Carter & Bill Clinton, in 2), Bill Clinton again and in 3), Bill Clinton again. Sorry, looks like a party line blast to me. Keep in mind that when Clinton left office, the Federal budget was balanced and the national debt clock (here's another one) had been stopped since it was decreasing instead of increasing!

Originally Posted by Seaplane Pilot

What a coincidence...the Obama supporters are also the supporters of certain "laws" being imposed on the lake.

I am an independent and do not support the "law" you are referring to.

Originally Posted by lawn psycho

Personally, I would like to see Bush and Obama taken about 100 miles off-shore in a boat, throw the motor overboard and pull the drain plug.

Don't stop there!! I'd take ALL of Congress PLUS the lobbyists and let 'em all go down with the ship!! Then we can start fresh!

[VtSteve]

As mostly a Republican, I have never felt the requisite desire to commend Bush for what I think was "mostly" an embarrassing Presidency. We have people bashing Obama right out of the blocks, people saying it's been a year, so it's not fair to blame Bush anymore. But it's ok to use Clinton after all these years? Grow up voters!

If anybody has read the history books and speeches with references since 1995, you'd know all about Phill Gramm (AKA Enron Phil), and you'd also know more about Bush's huge push and leverage used to deregulate and relax mortgage guidelines and increase bank lending.

You'd also know about Gramm's successful push to get rid of banking legislation. If you doubt that, look up the Gramm-Leach-Bliley Act, it has his name written all over it

I'm not an Obama basher, nor particularly supportive so far. I find him lacking in leadership. But if we are ever to rebuild the Republican party, we must look at facts, not talking points and hearsay. I remember something vividly that an old codger once told me.

"DC can turn good people into bad people, and make relatively sharp people look stupid. But with voters, they don't even have to leave home to suffer these ill-effects."

[Mat]

Term Limits. Not the complete cure but its a beginning.

Mat

[joann721]

I am a resident of Massachusetts... and for the first time in many years I am proud of that fact. We came together as a state and did the "IMPOSSIBLE"
we took back our seat in the senate.

Hopefully, the entire country will throw out every incumbent in washington and start over. We need new blood in washington. The change that was promised was change for very very few and not the majority of people and done behind closed doors and voted on in the middle of the night. I will support Obamacare when Congress and the Senate tell me it is so good they are giving up there health care and following the provisions they are laying out for the rest of us -

Economys are circular they go up they go down. They are effected by many different things. Yes Clinton left office with a balanced budget - In my opinion that was due to 8 years of Ronald Reagan & GB 1 in front of him. Jimmy Carter left us with gas lines, 21% prime rate - and hostages we couldn't rescue - Clinton also turned a blind eye to terrorism when this country was attacked "3" times. The first world trade center bombing, the marine barracks in Saudi Arabia and the USS Cole. Apparently none of those events warranted an answer from "OUR" country. That is something I will never forgive him for. He was more concerned about saving his own sorry a*s then preserving, protecting and defending the constitution of the UNITED STATES OF AMERICA... (this is me stepping off the soap box now ) ... ps I am not buying a boat or going to Vegas (or anywhere else) because I am financially responsible without the president telling me to be...

[Seaplane Pilot]

Amen Joann721!!

[jmen24]

Originally Posted by joann721

I will support Obamacare when Congress and the Senate tell me it is so good they are giving up there health care and following the provisions they are laying out for the rest of us -

Not after it is drafted, that is how the session needs to START! Whatever they create should be their healthcare plan. What a Cadillac plan that will be for the current non-covered American.

[Rattlesnake Guy]

Originally Posted by lawn psycho

Personally, I would like to see Bush and Obama taken about 100 miles off-shore in a boat, throw the motor overboard and pull the drain plug.

The Secret Service takes their job very seriously. You might want to clarify your attempt at humor.


What Constitutes a "Threat?"
According to this law -- 18 USC Sec. 871-- which reads, in part: "...Whoever knowingly and willfully deposits for conveyance in the mail or for a delivery from any post office or by any letter carrier any letter, paper, writing, print, missive, or document containing any threat to take the life of, to kidnap, or to inflict bodily harm upon the President of the United States, the President-elect, the Vice President or other officer next in the order of succession to the office of President of the United States, or the Vice President-elect, or knowingly and willfully otherwise makes any such threat against the President, President-elect, Vice President or other officer next in the order of succession to the office of President, or Vice President-elect, shall be fined under this title or imprisoned not more than five years, or both."

[lawn psycho]

Originally Posted by Rattlesnake Guy

The Secret Service takes their job very seriously. You might want to clarify your attempt at humor.


What Constitutes a "Threat?"
According to this law -- 18 USC Sec. 871-- which reads, in part: "...Whoever knowingly and willfully deposits for conveyance in the mail or for a delivery from any post office or by any letter carrier any letter, paper, writing, print, missive, or document containing any threat to take the life of, to kidnap, or to inflict bodily harm upon the President of the United States, the President-elect, the Vice President or other officer next in the order of succession to the office of President of the United States, or the Vice President-elect, or knowingly and willfully otherwise makes any such threat against the President, President-elect, Vice President or other officer next in the order of succession to the office of President, or Vice President-elect, shall be fined under this title or imprisoned not more than five years, or both."

Yeah, I guess me, Wolfboro_Baja, dog paw, and lake snake should turn ourselves in right now. Nice try. Nyuk, nyuk.

And by the way, when you quote me please use the entire post

[ApS]

Originally Posted by Turtle Boy

Why are all these silly little rants in the boating forum? Perhaps(in a different forum) some of the windbags would like to discuss that the budget was balanced 9 years ago until GWB invaded a country using fabricated data and that the economy tanked under GWB's watch.

Actually, the President's quote is well-founded advice and unlikely to depress the boating market further; however, any tax on boats (or fee) has unintended consequences:

http://www.allbusiness.com/north-ame.../434885-1.html

Additional suggested reading material on your quote:

1) http://www.snopes.com/politics/war/wmdquotes.asp

2) A "stunning reversal" in the mortgage-corporations [financial] crash.

http://www.boston.com/news/nation/ar..._corporations/