True or False: Obama has very limited economic and foreign policy experience?

True





In fact when Barack Obama was a ';community organizer'; one of the things that he and his ';friends'; did was to shake down lenders by accusing the lenders of racism for not making loans to poor people who did not have the income to repay the loans.





They used to threaten the lenders with state and federal investigations and penalties if they did not loosen their underwriting guidelines and make loans to people who could not repay those loans.





That tells me that Barack Obama does not know very much about economics or business.





All Barack Obama really seems to know how to do is shake down people like a gangster shakes down people.





Also Barack Obama has no foreign policy experience whatsoever.





Also Barack Obama has no executive experience, whatsoever.True or False: Obama has very limited economic and foreign policy experience?
true.





Obama is not ready to make the decisions that the President of the United States faces each and every day.





Obama would rather vote ';present';.





Simply being ';present'; doesn't cut it.





Obama wants to RAISE taxes. That never helps anything. The problem with this country is it's flow of money from the citizen directly to the government. Look at the United States 100 years ago. Did she have even HALF as many taxes as she is crippled with today? NOTrue or False: Obama has very limited economic and foreign policy experience?
WELL, NO MOST ';COMMUNITY ORGANIZERS'; DEAL WITH PRESIDENTS, PRIME MINISTERS, AND ......WOW, WHAT A JOKE... FALSE.... ALL THE WAY.





HE WENT TO KENYA, DRESSED WITH THEIR FORMAL-WEAR, AND HE THINKS THAT IS EXPERIENCE?... NO MATTER THAT HIS DADDY IS FROM THAT COUNTRY, SO, WHEN YOU VISIT YOUR RELATIVES OVERSEAS, THAT IS FOREIGN POLICY! IN THE WORLD OF A GUY THAT DEALS WITH: AYERS, REZKO, AND MICHELLE OBAMA... I AM SURE THAT IS EXPERIENCE.
FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005


The United States Senate


May 25, 2006


Section 16 Record Text


Sen. John McCain [R-AZ]: Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were ';illusions deliberately and systematically created'; by the company's senior management, which resulted in a $10.6 billion accounting scandal.


The Office of Federal Housing Enterprise Oversight's report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae's former chief executive officer, OFHEO's report shows that over half of Mr. Raines' compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.


The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator's examination of the company's accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.


For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac--known as Government-sponsored entities or GSEs--and the sheer magnitude of these companies and the role they play in the housing market. OFHEO's report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO's report solidifies my view that the GSEs need to be reformed without delay.


Quick Info


S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005


Last Action: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.


Status: Dead


I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.


I urge my colleagues to support swift action on this GSE reform legislation.


http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16%26amp;bill=s109-190#sMonofilemx003Ammx002Fmmx002Fmmx002Fmhomemx002Fmgovtrackmx002Fmdatamx002Fmusmx002Fm109mx002Fmcrmx002Fms20060525-16.xmlElementm0m0m0m









True, what Obama lacks in experience he makes up for in leadership, foresight and good judgment. McCain has had 30 years to learn from the mistakes of the past but yet he still wants to continue with the same failed economic and foreign policies that have all but destroyed this great nation.
True! And for anyone that makes a Palin crack, once again keep in mind.. she's not the one running for president. She'll learn a lot in the first several months as VP. You people want Barack as your President...do you want HIM to be learning on the job, too???? Scary.
False, the man lived in Indonesia, he can see the U.S. from the eyes of foreigners and from the eyes of the citizen. Something that John McSame and Northern Exposure will not and cannot do.
I don't think he has any foreign policy experience. I don't see where he has economic experience either.
False. He doesn't have any experience at all. ';Very limited'; is paying a compliment to him.
true, unless u count rev. wright as foreign policy experience
Yes, but I'd bet he would be a great community organizer. Whatever that is.
True.





But he did play basket ball overseas once.











Country First, Not Last


McCain/Palin '08
Very true.





McCain/Palin 2008
Well, it's true, but he did campaign in Germany. That should count for something.
Emphatically TRUE
True, although he was raised in Indonesia
True. But he knows how to organize a bake sale in Chicago if the Mob helps him.
I would say this is True. But it is also True for BUSH AND MCCAIN...
Very true.
Very true!
So very true.
true...i would put Palin in same category...
True.



True.
FALSE FALSE FALSE FALSE FALSE!



True
True
TRUE
true!!
False





True or True, Republicans are stupid people and are evil



More than his competition.Smart enough to make better decisions when it matters most.