President-elect Barack Obama on Friday will seek economic advice from leaders of business, government and academia, making the struggling economy his first order of public business.
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- Public Discussion (988)
Because he's going to use advisors? You're a fool GOP Rules.
- 9 votes
Sign a Petition Asking President-Elect Obama to Reject Amnesty for Illegal Aliens
numbersusa.com has it
- 7 votes
To RhondaC-663839:
Oh no, you are back! You are the one with whom I share a first name (unfortunately), and I hope the readers of this blog do NOT get us mixed up.
I am NOT Rhonda C.
She is her own person (or whatever she is).
- 4 votes
RhondaC,
If they are already here and working, thus being productive members of society (unlike many Citizens) and have no criminal record other than coming to the US to find "The Great American Dream", I say give them amnesty. If they obey the law, work, and pay taxes, they should have already earned a place in our melting-pot, and share in the benefits and responsibilities of Citizenship. For the overwhelming majority of illegal immigrants, the only crime they ever committed was coming to the US when we have laws that limit immigration. If these laws had existed when our ancestors had arrived here, most of us would not be here (and as a Historian, I know laws like those we have now, and even worse laws were tried in the past on various groups of immigrants, like the Irish, the Germans, the Itallians, and they NEVER worked).
Time to enter a new Century and a new Era where we follow the Founding Fathers and agree with them that All Men ar Created Equal, and that all have the Inalienable Right of Life, Liberty and the Pursuit of Happiness. Not some Men, but ALL MEN (and women for those who need that added). The US is a Social Contract Representaive Democracy. The Social Contract is the Constitution, which imparts upon both the Government and the Citizens the obligation to look out for our fellow men, women and children, and holds the Government to treat all fairly. Something lost during the past 8 years. Let us move forth to repair the damage to the Constitution by showing that it can be inclusive and adopt those here who's only crime was to seek out the Pursuit of Happiness.
- 8 votes
Rhonda Rahn... a great message of unity you have... I think we will be able to tell the difference between the two of you simply based on your rhetoric... no problems there.
- 3 votes
Trouble with amnesty and giving imigrants our social security is there is less money for me and I've worked and lived here all my life! ...of course there's no money anyway but I have not seen that in writing yet. I could not help but have bad feelings for government doing that, and for many screwed over, resentment would trickle to the imigrants themselves. It is not fair. Is it fair? Earning their rights is one thing, giving them for nothing is not right.
- 5 votes
Tom D
Your wallet, like mine, has already been picked clean. From the tone of your posts it sounds like you're going into vapor lock with this stuff. Chill out. Be happy. No more W in a two more months.
- 3 votes
To marie thomson:
What a racist comment.
Please go to FOX. They love ignorance there.
In the meantime, President Obama will prove you wrong.
Obama can fix the economy, but he cannot fix ignorance. Hopefully you can do that all by yourself.
MIDDLE CLASS WHITE WOMAN WHO VOTED FOR OBAMA.
- 6 votes
yes your president elect is showing his true collors already he wants to give out welfare already.
- 1 vote
To jake-288926:
You said in your post that "Obama wants to give out Welfare."
What makes you say that? Can you please post the source for your comment?
Please post FACTS, and be prepared to BACK THEM UP.
Otherwise, you are just another SORE LOSER.
Obama does not hand out Welfare, and he will not do so.
Please, jake-288926, go to Obama's website to read his economic plan.
There is no welfare in that plan, NONE.
Here, I will help you:
- 7 votes
To Phil-651293:
Oh boo hoo. You hurt my feelings, NOT.
Say anything against me personally, who cares. We all know a SORE LOSER when we see one.
Sticks and stones.
- 7 votes
To:marie thomson
I agree with Rhonda Rain. Everyone in this country, except the Native Americans, came from somewhere. Maybe you should have been sent back to wherever your ancestors came from. We can only hope that these generations behind us like or dislike people based on their character and not something stupid like skin color.
- 6 votes
Yep, can't get along. No matter what else reps and dems can't do it.
- 1 vote
More good news!
Iraq's leaders are glad President Obama won! They feel he will not interfer as did Bush! They are more willing to sign Pack now knowing there will be a withdrawal!
Please pass this on because Fox & Rush Limbaugh surely will NOT! We need to help to enlighten those who's minds have been cluttered by them!
http://www.nytimes.com/2008/11/07/world/middleeast/07iraq.html?_r=1&ref=politics&oref=slogin
Also the market went up in response to President Elect Obama's address today!!
Look. Obama won, not McCain.
Now we must support our president.
If you listened to Obama's acceptance speech, he said:
"We are not black or white, we are red, white, and blue.
We are not Democrats or Republicans, we are Americans."
I am appalled by all of the Repubs on this blog who just cannot get past the fact that John McCain lost the election.
GET OVER IT.
John McCain lost the election FOR A REASON.
For gods sakes, this man was a menance who had horribly BAD JUDGEMENT.
He chose Sarah Palin as a ploy to pander to Hilary supporters (and didn't THAT backfire).
He said, on the day the stock market crashed, "The fundamentals of the economy are strong." HOW OUT OF TOUCH CAN ONE BE??
He fake-suspended his campaign, lied to David Letterman, then "rushed" to Washington (took 22 hours, however) to ride his white horse to SAVE everybody, and then did nothing.
John McCain = hysterical, angry, chaotic, bad judgement, no ideas, NEGATIVE
Barack Obama = cool, calm under pressure, steady, intelligent, PRESIDENTIAL.
John McCain's entire campaign was to focus on Obama and to try gimmicks to get into the daily Headline News.
Obama's campaign was always calm, steady, and on message with the ISSUES.
Obama's presidency will be the same efficient well oiled machine as was his campaign.
They say "may the best man win."
WELL, HE DID.
- 5 votes
The stock market tanked on news of Obama being elected president. That is a vote of no confidence from those in the know about economics about Obama's economic knowledge, experience and policies as articulated in his campaign.
The two days after Obama's election are the single worst days for many years. I hope borrowing all of Clinton's economic advisors will get the Marxism out of his head and set him on a straight path to fix this economy before we are doomed to depression for ten years.
- 3 votes
Oh marie thomson, please check your FACTS before you post.
marie thomson, the stock market finished up today. So please post something USEFUL for a change.
This early in the game, the stock market is NOT reacting either way to Obama.
So, marie thomson, try try try again!!
NEW YORK - Buyers returned to Wall Street Friday after two days of heavy losses, mindful of the economy’s growing problems but attracted by stocks’ lower prices. Analysts said the advance, which also came amid relief that a bad report on unemployment wasn’t worse and followed dour third-quarter reports from Ford and General Motors, was to be expected as Wall Street experiences a rocky recovery from October’s devastating selling.
- 4 votes
Someone asked for proof of Obama's Welfare programs: The following is cut & paste from his own site:
State paid leave programs: Welfare is when you get paid when you don't work: I too would like to have state assisted paid leave, the question is where will the money come from? Why don't people understand they have to pay for their own life choices and SAVE for it? When did we start to think that it is the President's job to ensure we never face hardtimes and hard choices? What happened to personal responsibility. Is anyone aware of what has happend to California's budget since they inacted a plan like this one. Everyone our age managed to have children, take care of parents, etc. With out the government giving us handouts. Let's remember the Gov. has NO money of it's own. Only money that we pay into it. I think we should all help people having a hard time, I just don't think it is the Gov.'s job to take that money from some people who earned it, and give it to those who didn't.
See Obama's plan on State Welfare below: This is just one of many Welfare systems Obama wants to put in place.
- Encourage States to Adopt Paid Leave: As president, Obama will initiate a strategy to encourage all 50 states to adopt paid-leave systems. Obama and Biden will provide a $1.5 billion fund to assist states with start-up costs and to help states offset the costs for employees and employers.
Yep, the stock market tanked while President-elect Obama slept. It must have been all his fault. Never mind that the unemployment numbers and the retail numbers and the automobile sales numbers all came out this week. Never mind the facts, you who made fun of President-elect Obama being able to walk on water, apparently believe this myth, as you certainly singularly blame one man for what has been happening all year and is just now being reflected in the media. I'm so glad that you know that by a flick of his wrist he can cure all ills. You were delusional during the campaign, and apparently the mental illness has not been cured either in the last 48 hours. Get on meds and get over yourself.
- 2 votes
And I agree with you totally! The best man DID win. Common Sense (huh??) must be a dyed-in-the-wool, hard-core Republican, who is so afraid that he might have to pay a bit more in taxes. Well, I'm 64, work part-time (after being downsized twice and couldn't get a full time job) and semi-retired; if it will help the nation, President Obama does not have to cut my taxes - and I'm willing to pay more!
- 3 votes
To KFree-715422:
I have paid leave where I work. It is called VACATION TIME.
Oh brother, KFree-715422, TRY AGAIN.
Obama is trying to find a way that small businesses can pay vacation time for their employees.
THERE IS NO CONSPIRACY HERE.
Give Obama a chance, why don't you. For god's sake, let the man get into office first and sit at his desk before you slam him.
HE IS YOUR PRESIDENT. GIVE HIM SOME RESPECT.
- 3 votes
Wow, you must be a wonderful person. I mean that sincerely. You are someone I would feel priveleged to know.
Thank you for your post.
- 2 votes
RR
Respect is not given, it is earned.
BO has a long way to go in my book.
Grt over it!
- 2 votes
Rhonda R.--You want people to give Obama RESPECT???? When did you people ever give George Bush respect? Is is within the rights of any American to disagree with his/her leaders, but to disrespect our president like Pelosi, Reid and you other demoncrats did/do is uncalled for. Practice what you preach, please.
P.S. Don't HATE
- 1 vote
When did you people ever give George Bush respect?
Right after 9/11 comes to mind. His approval rating was 90%.
Is is within the rights of any American to disagree with his/her leaders, but to disrespect our president like Pelosi, Reid and you other demoncrats did/do is uncalled for.
Other than because Fox News told you so. Can you give an example when Pelosi or Reid disrespected the President?
I saw a quote the other day. It said " Calling an illegal alien an undocumented immigrant is like calling a drug dealer an unregistered pharmacist.
Not only does the quote speak true. It also reveals that referring to a drug dealer to be, in anyway, a pharmacist would be an insult to all true pharmacist in America. With this said we can now see that referring to any illegal alien as an unregistered immigrant is an insult to the millions and millions of people and families who obeyed the law of our land and went through the correct process to gain access to the United States Of America and to eventually call themselves Citizens of this great country.
So what is the point of this observation? This,
ALL true citizens of the United States, (American Indians obviously excluded) are sons, daughters, grandchildren, great grand children, great great grand children, and so on, of those people who came to this country LEGALLY. Even if it meant years of planning, months of travel, with more months on a ship. Then weeks at what we now call customs. And everyone of them were documented.
Maybe the people who are trying to push the phrase "undocumented immigrant" think that real American citizens don't understand the danger of having millions of undocumented, illegal aliens, in our country? Well yes we do. Here are a few of them
The 10 year census is completely useless.
Hundreds of thousand of these aliens commit crimes in our country. Crimes that would not have happened if the individuals had been properly screened and denied access to the US. We realize how much of our, local level, police forces are being taxed to battle these criminals. Of course, in order to do this, they need a larger budget. And to get that budget they have to submit it to their local city or county council. Who then have to divide what money they have with other public services. Such as the county hospital. Which, by the way, needs more money to treat all these illegal aliens that have no insurance or other means to pay. So the hospital, (that is to say, the city or the county), picks up and pays the tab with local tax money. Money that would have gone to next year's budget.
Another public service that is jockeying for budget money is our schools. They need more money to accommodate the unforeseen increase of students. Students who are the children of these illegal aliens. once these illegal alien children are enrolled in the school they become eligible for all the programs that are offered. Since most of these illegal alien families make little money they benefit from programs that the low income American citizen'so children need. Programs that are always on the verge of being cut from the budget in order to divert the money to other things. Such as new buses, more teachers, more books. All things that result from the presence of illegal alien families.
Lets also remember there are millions of illegal aliens driving on our road ways. All with out car insurance. This in turns raises the insurance premium of all law abiding Americans.
Another concern, language. This I find to be a problem of enormous size in the work place. The unwillingness of these foreigners combined with the employers fear of offending anyone, in today's so politically correct world, to speak ENGLISH. Have we forgotten one of the golden rules, "United we stand divided we fall". If I want to print something, at my work, as simple as the word closed, I have to type it five separate times on five separate pieces of paper in five different languages.
Since I don't speak five different languages I have to now involve four additional employees to get this one word typed up before I can post it. What should have taken all of 4 minutes now takes the better part of the morning. Now this is just to print one word. What needs to be realized is this type of additional task time is being applied in all aspects of the operation. People, this cost corporate America $1,000,000,000.00's (Billions of dollars) every year. How do think these companies compensate for this additional cost? They raise the price of the goods and wears that they sell, that's how. wouldn't it be nice if we could eliminate this problem and corporate America put all the money into decent employer provided health coverage?
- 1 vote
If Obama had not consulted with CEO's the naysayers and doomsday neocons would have said he's a socialist. Now that he has, they say he's not well-informed. Weird. The most responsible thing in the world when in the midst of economic crisis is to work WITH the business community. Obama is doing that and he's being CRITICIZED for it? Ultra weird. Is it possible that some sore loser neocons actually WANT the economy to get worse, JUST so they can say, "I told you so"?! Do they really wish that on our country? They'd rather mess up an economy than admit Obama might actually turn out to be a decent president? Weird (and kind of unpatriotic).
- 2 votes
Obama will probably just nationalize General Motors and make them produce small fuel-efficient cars. Then, who's next. Roosevelt tried this approach in the 1930's and the recession turned into a depression that lasted 12 years. But it will help the unions who supported him.
- 2 votes
I think most Americans would be OK with tolerating law abiding illegal immigrants, but the problem is with the lawbreakers not being deported. In Los Angeles and San Francisco the gangs are largely composed of illegal immigrants and City Hall won't allow the police to check their immigration status when arrested, so they just keep letting them loose to commit more crimes. This is what irritates most people. If they're law abiding, let them stay, but if they commit a crime, check their status and, if illegal, deport them, sort of a two strike rule. Entering the Country illegally is strike one, but if they get arrested for another crime, deport them.
- 2 votes
This is starting to be a circus act. The office of pres elect...lol...lol..what a joke for a the highest office and we thought clinton was a bozo. Damn the elect can't even make a decision on a dog....lol...boy we're screwed...
- 2 votes
It is terrible. I just saw a blog from a support who believes illegals pay taxes. Ummmm isn't the who purpose of hiring illegals is because they are paid off the books and there are no taxes associated with that? As for reality, I probably make double what my dad made when he bought the house I grew up in. In good old democratic NY today, I'm lucky I have my little one bedroom apartment. So, no, I do not see Obama doing anything but what he accused McCain of......"More of the same." More taxes, to cover all the spending for programs that enable those that don't want to work to do so. Anyone of you hear what a mess NY is in? Here the Gov's speech how we need more money? If you think it's just because of the recent Wall Street problem or 9/11 think again. Yes, they have added to the problem, but it's having more and more people living off the government that drains the system. Systems don't fail...the people fail the system.
Bottom line with illegals is quite simple....they are not here legally and they are not paying taxes. Why should they come to Our Country and be allowed to break our laws? That is disrepectful and shows a lack of regard for it. Then again......they have great examples here to see how bilking teh system is done. Quite disgusted to say the least.
to Rhonda Rahn
if you would listen to cnn you would hear the same thing all americans listen to that Obama said we need another stimulos package to help out the middle class and auto manifactoring companies... to me that spells out more welfare to the people ..... well that is not what we need we need a president that doesn't want to spend our tax dollars put that money to good use and spend it on what we owe.
If Obama is so red white and Blue then why won't he say the pledge of the alegence. and i don't like Obama because of what he stands for not his skin color... and as far as giving the man a chance i will and i will support him but that does not mean i have to like him.
Totally agree. Another stimulus package? Why didn't he put Oprah's money to better use instead of an Obama show? What is it "Do as I say not as I do?" He already had people suckered in, he could have put that money to better use -- like into all the things he wants US to fund. It would have been a nice start.
Marie Thomson
Sending the slaves back would have been more costlier than bring them here...#1
the Founding Fathers also recognized they would have to do their own SLAVE LABOR...#2
So the were NEVER going to do their own LABOR... That's why they had THE Slaves...#3
- 1 vote
Say NO to amnesty say no to green carders if your jobhas not been affected by this you have no right to act like a bleeding heart the construction industry has been decimated in the west so to all of you calling for amnesty send me some money to make up for wages I lost or just shut the fuc k up when you don't understand what you are talking about One pissed off american
Obama can use the advisors
The question is who is he going to use?
If they are the same people who gave him advices during campaign, it would probably the same all over again. Nothing will change!!
Obama will be better off to leave the market alone,like what Bill Clinton did in his first term. Bill is the smart man! I still have to see if Obama is smart or not!
"Leave the market alone" has been the problem. Voluntary regulation doesn't work - even the corporate people know that. EVEN THE SEC KNOWS THAT. When you leave the henhouse to the foxes, the outcome is predictable.
What is needed is a set of relevant, flexible rules that are not cumbersome, but are designed to address the problems of today. Technology has been both a curse and a cure, and finally the regulators are waking up to that.
I should know - I'm a regulator.
- 11 votes
To John-335572:
You said, "Obama will be better off to leave the market alone"
Oh please! Deregulation left the markets alone, and look at what that did for us.
I find it truly amazing that the Republicans are so harshly judging Obama when he is not even in office yet.
Obama is one of the smartest individuals to lead this government in who knows how long.
You don't get it, do you Repubs, that FINALLY we have a smart president?
Repubs, have you so lowered the bar of intelligence by the last 8 years (of your doing) that you are so afraid of A SMART PRESIDENT??
Sheesh, at least let Obama get into office first before you jump on him. Let him show you what he can do.
I guarantee, a year from now, you will be grudgingly saying, "Well, I guess Obama isn't so bad after all."
- 10 votes
Fixing the economy is going to be a large project. I'm a project manager and one of the fundamentals of running a project is that you use the judgement of experts. You always get experts' feedback. Without expert feedback, the project is sure to fail. What Obama is doing by consulting with experts shows that he has a true understanding of what it takes to run a project successfully.
- 5 votes
It is hard to be impressed with his VP pick. Joe Biden who couldn't figure out what plagarism really meant regarding his bar exams, and Barak Obama, a US senator, who didn't realize his aunt was here illegally. Yep, we have ushered in a new era in America.
- 5 votes
God bless--
I keep thinking that the American people are finally going to get enough of having their intelligence insulted (Biden/plagarism, etc., and OH how I could go on...) but apparently not...............and now, to add insult to injury, ANOTHER bailout!!
Did we not say NO the first time?????
- 1 vote
Oh boo hoo. You hurt my feelings, NOT.
Say anything against me personally, who cares. We all know a sore loser when we see one.
Sticks and stones.
- 4 votes
GodBlessAmerica,
Joe Biden does have foreign policy experience despite not being able to see Russia from his house. He knows what newspapers he reads; He knows that the VP doesn't run the senate and he knows that Africa is a continent and not a country. But indeed, he does have a meager wardrobe. Perhaps Palin was the better pick... Not!!!
- 3 votes
I love Joe Biden, as any woman would, once they are made aware that Biden is PRO-WOMAN.
Here are Joe Biden's OWN WORDS:
The single, most important legislative accomplishment in my 32-year-old career in the Senate is passing the Violence Against Women Act. After years of work, countless hours of hearings, pages of expert testimony and Senate floor debate, my Act passed in 1994. The law was renewed in 2000 and most recently expanded in 2005 when I worked to include new measures to treat children who witness violence, to increase housing opportunities and to create dedicated resources for rape crisis centers.
http://www.huffingtonpost.com/joe-biden/the-fight-against-domesti_b_69000.html
- 3 votes
And to Chris in Austin:
I agree with your post about Palin's lack of reading newspapers, and here is why Palin is SO UNINFORMED:
Couric: And when it comes to establishing your worldview, I was curious, what newspapers and magazines did you regularly read before you were tapped for this to stay informed and to understand the world?
Palin: I've read most of them, again with a great appreciation for the press, for the media.
Couric: What, specifically?
Palin: Um, all of them, any of them that have been in front of me all these years.
Couric: Can you name a few?
Palin: I have a vast variety of sources where we get our news, too. Alaska isn't a foreign country, where it's kind of suggested, "Wow, how could you keep in touch with what the rest of Washington, D.C., may be thinking when you live up there in Alaska?" Believe me, Alaska is like a microcosm of America.
http://www.cbsnews.com/stories/2008/09/30/eveningnews/main4490618.shtml
My my, Palin thinks Africa is a country, not a continent, and she believes that mankind walked the earth at the same time dinosaurs did!
NO MORE DUMB VICE PRESIDENTS.
- 3 votes
Rhonda - You stated "Obama is one of the smartest individuals to lead this government in who knows how long."
I know and I'll tell you: Since Bill Clinton! Remember, he was a Rhodes Scholar. Super intelligent, that's why the repubs are so afraid of him. Intelligence scares them. That's why they fell all goofy-crazy over Palin. And why she'll be their leader!
- 5 votes
No Party Affiliation: If we grant amnesty to these ILLEGALS, why do we not grant amnesty for all non-violent criminals in our prisons? What about the people who have worked hard and learned ENGLISH, to become citizens, dp we just slap them in the face? Let ILLEGALS do the right thing and apply for citizenship and learn English..Do we just open our borders up and let anyone in that wants to come here??
Get real dude..
- 2 votes
randa rant We call him slow Jo. Jobs is a 3 letter word to slow Jo. He has no clue . A real box of rocks.
- 1 vote
To Dave-494863:
Thanks for calling me names. I think the last time someone called me names was in elementary school. Is that where you are, Dave-494863?
Sticks and stones.
- 2 votes
doug interesting post. People were more interested in making history and picking someone that said the word "change." Whether we agree or not, the bashing and dumb name calling that goes on needs to stop (don't mean you). In different blog pages, I have been called everything under the sun because I don't agree with Obama and could not vote for him -- called racist, selfish, spoiled, dumb, clueless, an idiot.....probably left some out too lol. I do agree with your post.
- 2 votes
After bad mouthing President Bush and our leadership, Obama, now it is your turn to put up or shut up. And as a side note, kill all the diaper wearing terrorists and keep America safe!
- 1 vote
robinhood ,ole elect can pick a dog and he said he was having trouble....damn he really can pick dogs as you say....
- 1 vote
This was 2005.......Long before the democratic congress
http://www.cbsnews.com/stories/2005/08/09/politics/main766739.shtml
(AP) President Bush voiced concern Tuesday over rising energy and health care costs, suggesting they were clouds over an otherwise sunny U.S. economy.
"The economy of the United States is strong and the foundation for sustained growth is in place," Mr. Bush declared, flanked by members of his domestic policy team after a strategy session on his Texas ranch.
In contrast to Mr. Bush's upbeat assessment, however, public opinion of his handling of the economy is not as positive. An Associated Press-Ipsos poll conducted earlier this month showed his economic approval rating at 41 percent – his lowest rating yet on that poll.
Not all the economic news has been good. Real wages have been stagnant. Economists suggest most of the recent economic gains have gone to higher-income and higher net-worth households. And while job growth has improved recently, the level of U.S. jobs is still not back to the levels before the 2001 recession.
- 1 vote
robin hood #3.19
Bill Clinton won because GH BUSH had the unemployment rate at 7.2 remember"it's the
economy stupid"that was in 1992...by 1999 Clinton had the unemployment rate at 4.2
a 30 year low....Obama is not inheriting the same scenario from BUSH JR....Clinton was
a very SMART MAN....he fixed GH'S mess...The BUSH'S KNEW nothing about Economies
because the are not in touch with the working MAN...Period.
unemployment rate is now at 6.5 and climbing
- 1 vote
I meant Obama is NOW inheriting the same SCENARIO FROM GW DUMMY
The unemployment Crisis on top of all of the OTHER CRISIS
- 1 vote
GOP Rules. HA! Not this time, boys!
- 5 votes
To piglizard420:
I agree.
And I ask the Repubs, who so desperately want Obama to fail so that you can be proven RIGHT:
In something so vital as this, DO YOU WANT TO BE RIGHT OR DO YOU WANT TO BE HAPPY?
The Democrats who voted for Obama can have both.
But the Republicans who voted for McCain will have to choose.
To you Repubs: choose wisely.
- 5 votes
How could they (the GOP's) want Obama to fail....Oh I know y......because they have failed us for the last 8 years and they think no one can do better. I hope they sit back and watch how things are suppose to be done. The Gop's are so out of Touch and out of time it's unreal.
- 3 votes
Things are far from resolved at this point we are only exercising our lungs or fingers. We will have time to assess the future as it presents itself. As one who doesn't have much confidence in the partisan's who run the country and find the predictable banter from the regular propagandists both pro and con rather amusing, I think we should keep in mind that a lot of promises for better or worse were made, people voted for the current administration based on those promises. I think the real question is will the promises be kept and if and when they are do they work? If we are hoping for a bipartisan government, something we haven't had in my lifetime, maybe we should endeavor to look forward and build a few bridges. I have stated for some time that I don't believe much will change no matter who is elected, the incendiary banter from both sides seems to prove my point. It's only been two days and already things are the same. Does anybody see any change?
Carlos- I fear you are correct...and in the larger picture, if the "conspiracy" folks are correct---that the Fed and offshore financial dudes pull all the strings all of the time--then truly nothing will change, Obama or no Obama....guess we'll see!
- 1 vote
RR
I never thought I would agree with you on anything but I was wrong.
YES, BO is very intelligent!
So smart he suckered all you Dems and a considerable portion of the Repubs into believing his fairytale.
- 4 votes
So Every body is stupid unless they voted McCain\Palin huh. Boy how is out in left field? Lonely? And what makes you an expert on someones intelligence? Obama surrounds himself with some of the best minds in the country and McCain surrounded himself with a bunch of lobbyists.
Saw a comment on Bush not being given a chance when he was elected the first time. He did not deserve any respect. He went into the Whitehouse under a cloud of suspicion because he lost the popular vote and his brother was in charge of the state that did not want a recount and the Supreme Court elected him. After 9/11 we came together and got behind him almost 100%. Now as far as Clinton goes Republicans never stopped beating on him and he still was the best President since Eisenhower.
- 2 votes
Well Logdump you said it!
Please don't compare BO to Eisenhower, you will make yourself a fool!
BO is a big enough fool on his own.
Those that buy his fairytale, well go figure!
- 1 vote
The fool is the one who did not read the post, In too much a hurry to post your crap son. Go read it again.
Obama won the POPULAR VOTE TOO....66 million dummies out there...Man Am I in GOOD
COMPANY......Obama/Biden...2012
- 1 vote
I just realized the SAME people who said Obama was not going to win are the SAME
people who are saying Obama will not fix GW'S mess...oh that's right you all were
wrong once so now it's double or nothing....I will put 5 on it you all will lose AGAIN.
- 1 vote
I've noticed only one or two women listed as part of an Obama team and those who have been mentioned represent other minority groups. What about former Hillary supporters? You know, that large contingent of older white women? Will they be left out, once again? Just curious.
- 3 votes
MH: Haven't you listened, read etc. to the news and of the women themselves. Many were mentioned. It was also heralded the rejectioin of women of their rights they worked hard for, right along with other races etc. erode over the last 2 decades that mostly Repubs held. Obama won. Done deal. MCCain thought if he appointed a woman he'd win the vote of HC's supporters. He screwed up. Me, in eight years I hope she wins and think she will. But right now, as a woman...YOU GO OBAMA AND THANK YOU FOR CONSIDERING US.
Oh by the way, I didn't vote for the party. I voted entirely for the man. Four years from now I'm sure he'll be re-elected, if I have anything to say about it. Everyone worked hard to get him to the White House. If he looks threatened we will work harder. Don't forget tht and put it in your pipe (whether it be water or not. Get it? ) and smoke it.
- 3 votes
To mmh-714038:
Well, of course Obama has not yet finished picking his cabinet, nor has he yet chosen the three seats of the Supreme Court that should prove vacant soon.
So first, let's wait and see the rest of his choices.
And then, let's remember that Obama doesn't care how "things look." Obama simply wants to appoint the persons he believes are best suited for the job.
Period.
Although I personally would love to see Hillary or her supporters appointed somewhere, I must be patient to see how all of this plays out.
- 4 votes
I look for Hillary to eventually be appointed to the Supreme Court...
- 2 votes
It is interesting to hear all the things that the new President will do! How smoothly things will go and soon, very soon, the present economic issues will be just a bad memory. I am undoubtedly wrong but I am sensing the nearly 1 trillion in new spending we are already committed to will really curtail future spending if we act responsibly. Will the new administration prop up the auto industry? Will the promised new spending be put on hold? Will there be tax increases in a recession? Will the stimulus program be another check or a public work program? Will the new jobs be government jobs? What will be the cost of bailing out the bankrupt state governments as promised? There are a lot of promises here and I don't see where we will easily come up with an other trillion or so, there will indeed be a lot of decisions made, tough decisions and I suspect a lot of angry partisans who feel like they have been ignored. So while we say what will happen with a tone of certainty maybe we might consider that reality will be a bit colder and harsher. I cant Speak for the President I am surprised how others feel they can.
I hope the economy turns around, I suspect the actions of the administration will be quite different than the campaign rhetoric. This is serious stuff and the partisan crap is both tiresome and useless. To the Obama people you won, to the McCain people you lost, now shut up and look forward the gotchas are the stuff that has, is and will continue to make the political climate toxic. I believe in new partys you partisan fools make me feel better about my convictions.
What a freaking nightmare that be for America! Hillary on the Supreme Court! That would most likely cause another American Revolution by loyal, patriotic citizens.
- 1 vote
Hillary Cllinton is an intelligent woman, who would be a much better judge than politician.
- 2 votes
She may be intelligent, but she does not have any common sense, nor a sense of history and pride for our Constitution and Bill of Rights. She cannot even take care of her own husband at home.
i fully support obama and it appears that things will be more open. the gop would have the corp. executives behind closed doors with the sole purpose to protect their profits regardless of how much it hurt the people of america.
i will say that i think obama will seek the advise of those at the top or just the so called experts without seeking the advise of smart everyday people.
if i had say a 15 point plan that would turn the economy around would he or anyone listen?
- 2 votes
Has any other President sot or took the advice of the everyday Smart Common Person?
I may be wrong but I think not..sure there could always be a first...however I think the
first thing Obama should do is get Sworn In OFFICIALLY....then who knows he might set
up a web site for advice from the Smart Everyday People
- 1 vote
I wish GW would have....maybe the Country wouldn't be in this mess
- 1 vote
Why would he be relying on the advice of old Clinton admin? I'm not being rude just a question for those who are familiar with DNC strategy and plan forward. It would seem that he was not a fan of the administration in the least, based on statement he made in the bid against Hillary why go backward?
- 2 votes
Maybe because we had the best economy of any president I had known in my 57 tears.
- 7 votes
John...are you joking or were you one of the gang Sorry, Union members who benefited personally? Possibly a recipient of one of those no down loans?
- 1 vote
No In fact I am a salary employee. When Bill Clinotn was running the country I was getting calls from recruiters once a week. My salary kept increasing and the work kept getting more challenging. We have don NOTHING technolgical in the last 8 years. Let me repeat NOTHING. Technology was what made this country what it is today. Stem cell research was technology of this decade just like computers were the technology of the 90's .Guess what . The shrub vetoed any kind of reasrh that might have given us the lead in theis domain.
- 4 votes
txmom, this is an echo of what John said. What were you doing during the Clinton presidency? Sleeping?
- 3 votes
The amphibian did nothing to "reign" in Clinton. All he did was give the religio-facists something to they could send money besides a TV preacer. Then , Newt was discredited.
- 4 votes
Dave, it posted before I could edit for spelling and grammar. Excuse me all to hell. Gingrich was the mouthpiece of a conservative philosophy that has gone horribly awry. You imply he had some tangible control of some sort over the president of the United States, like some self-appointed president cop. He was a member of congress with nothing more than Constitutionally guaranteed checks designed specifically to induce a balance, and that is all. By typical political misbehavior, he blew his own right wing, conservative, Christian Fundamentalist hypocritical boat out of the water, effectively destroying his own credibility, and he really hasn't been heard from since, bless my soul.
- 2 votes
John...So you are talking about the tech bubble that burst from over exuberance and idiots run a muck. I get it you were one of those who over valued your skills and got caught up in the wave.
So back to where we were not being rude.....What aspect of change do these Clinton holdovers offer Obama to the tune of change?
txmom A great big THANK YOU. When I have tried to bring that up I'm told that I'm selfish or don't understand. I think it is quite simple though. You don't bite off more than you can chew. Why take a loan or mortgage out....just because it's offered.....when you know you can't pay it?
- 1 vote
I have been through a lot of unusual circumstances. Some mistakes by me of course.
I have been Foreclosed on, and am in Bankruptcy, and have daily and weekly for almost ten years had to find a way to make it for my wife, daughter, and myself.
IT is not easy to make it on a fixed income.
- 2 votes
Pray and keep hope. Things will get better! Ypu have to trust that:)
- 1 vote
Also if you read the sotck market is tanking on the jobs news and consumer spending NOT Barak Obama's election.
- 6 votes
Again Dyer MAybe you should read a newspaper Such as the Wall Street Journal. Its all in ther you know.
- 5 votes
So Dryer
The Wall Street Jounal does not say that the market downturn is due to the ailing jobs report and consumer confidence. What WSJ are you reading and on what planet?
- 3 votes
All of you gloom and doom "Obama will fail" people, why do you claim you can predict the future? Why do you hope that he fails rather than hope that he succeeds? Are you not Americans -- can't you get yourself to even say "alright, he wasn't my pick for the President, but now that he is, I hope he can make things better? Isn't that what we ALL want, a president and a country that succeeds in leading the country in the right direction? And with all your apparent abilities to predict the future -- where the heck was your crystal ball when people elected Bush ---- twice???? Or before Katrina hit, or before the banks decided to take ridiculous risks, or before the stock market began to crash, or before every industry in this country started to fail, or before jobs started moving out of this country, or before unemployment rates skyrocketed -- we really could have used your crystal ball before all that happened. Now you're all so full of advice and know EXACTLY the result of this administration -- please!
- 4 votes
Hey Dryer
You said that the stock market was tanking because of Obama's election. My comment was a question to you .? You Sir dont have a clue. Every article I have read over the past few months indicates that failing economy on jobss and consumer confidence NOT OBAMA innugaration.
- 1 vote
The market was already down, and the jobless report is based on the month of October, no one new the out come of the election until November 4. It has nothing to do with his election to office.
- 3 votes
TrueAmerican: Your a false American your still in denial but you will soon come out of it. It takes time.
- 1 vote
Kelly... what is a false American??? What lunacy are you spouting about???
- 3 votes
Dryber08, the stock market is up right now, is that because of Obama'sl great leadership? If it was down because of Obama, it must be up because of Obama.
- 1 vote
Dryver, the economy may react to elections, but when the new jobless report indicates a new 15 year high, a lack of consumer confidence and lower projections for holiday spending and continued lowered earning projections from major auto manufacturers than you will continue to see the stock market drop, no matter who is elected.
- 2 votes
To John-339829:
Please don't let Dryver008 bother you. John-339829, you have some great posts.
So, John-339829, don't listen to Dryver008, as nobody else does.
To Dryver008: please go to FOX. Sore losers are there.
- 1 vote
To Southern Bell:
I think your post explains the situation very thoroughly. Thank you.
And BTW, Dryver008, the stock market finished up today. So please post something USEFUL for a change.
This early in the game, the stock market is NOT reacting either way to Obama.
NEW YORK - Buyers returned to Wall Street Friday after two days of heavy losses, mindful of the economy’s growing problems but attracted by stocks’ lower prices. Analysts said the advance, which also came amid relief that a bad report on unemployment wasn’t worse and followed dour third-quarter reports from Ford and General Motors, was to be expected as Wall Street experiences a rocky recovery from October’s devastating selling.
http://www.msnbc.msn.com/id/3683270/
- 1 vote
RR
Like I said earlier, you are dumber than a post. Get some intelligent information from BO or someone and come back.
Dryver
Oh, golly gee whiz, I guess you got me figured. You are such a bright boy mommy is going to buy you a lollypop.
Get a life “Dude”.
Go find some punk you think you’ve found to be a smart a** with.
When you grow up maybe I’ll exchange intelligent conversation with you!
Hopefully Obama is smart enough to see throught the hidden agenda's of those advising him. All advisors have these.
For example, Warren Buffet would love to see the Estate tax reinstated after the Elimination of Estate Tax expires in 2010. Don't think for one moment he thinks of this in some altruistic manner that is good for the USA. The guy sells insurance for a large part of his income. "Of his $2.35 Billion in net earnings for the last quarter, $1.44 Billion of the total $2.35 Billion came from insurance underwriting and insurance investment income (61%). For Q4 2006, the percentage of insurance-tied numbers was 60% of the $2.868 Billion in operating earnings. For all of 2007, the percentage of insurance-tied numbers was 59% of the $9.634 Billion in operating income." Recently he's been complaining about reduced earnings for the insurance industry.
No estate tax = no need to buy insurance to pay estate tax = bad for Warren. In his case he believes "what's good for WB is good for the USA"
Hopefully Obama understands that if you rely on experts, it is paramount that you understand their motives and agendas before acting on that advice. If not it's a disaster of unintended consequences.
- 2 votes
Good point Bob. I think he is open and understands the daily agenda of everyday families just trying to make it.
- 3 votes
My point sir, is that these people have agenda's that are not always apparent. f you read the article Buffet has been an economic advisor and is under consideration for some position with the new administration.
You've said the Republicans are against the estate tax, more correctly, those with or those who hope to have estates are against giving half of what they've accumulated after paying half of what they earn to income tax, are against it.
There is most certainly a link between estate tax and insurance. The most rudementary estate plan includes insurance and insurance trusts as a method to preserve estates. To think otherwise is laughable, and unsupportable. Billions in insurance is sold solely to pay estate taxes.
- 2 votes
Bob: He's smart enough. He'll listen and make his own concusions and decisons unlike Bush who was simply a puppet. Those who he puts in place such as Buffet did it on their own brains and it wasn't handed to them. AND let pay attention to the fact tha for the wealthy; they have more loopholes than God's got little green apples, so suffice it to say...the lower echelon still gets buck passed to them.
- 2 votes
Yeah Dryer
That means you will never be fixed. Go back and crawl uinder your rock.
- 5 votes
Bob
I would put too much stock in Drywer.
He got a severe case of cranial rectal invertia.
- 4 votes
You're absolutely right Bob, although the term "experts" should be used very loosely, or probably not at all. One example, his group includes the ultra-liberal, incompetent, tax and spend Governor of Michigan. What a bang up job she has done for that State! Redistribution of wealth in Michigan was put in place under her administration, so she can show Obama how well it works there.
When she ran for re-election she said "in 5 years you will be blown away!" Well, truer words were never spoken. This is the ilk of the advisors to Obama.
I will not defend Bush, but please tell me why people think Change for the better is coming. If these advisors are so smart and have all the right answers, where have they been hiding and why have they had so little positive impact, especially with a Democrat controlled House. I find it difficult to believe that there are any economic experts, especially given the predicament we are in. Anyone can tax and spend, give money away, etc, but that isn't the answer. This bailout must include the consumers who make up two thirds of our economy. If consumers can't drive the economy we have an enormous problem that political insiders are not equipped to deal with on a non-partisan basis.
- 2 votes
Dryver = Please don't hit your head against the wall any longer. You've apparently already done significant damage.
I don't advocate not using consultants. My point was that I hope he has the ability/insight to be analytical and pragmatic about advice he gets from the so called experts. Kennedy and Regan and Clinton(to a degree) could do this.
Bush wasn't a puppet, he just surrounded himself with people who told him what he wanted to hear.
- 2 votes
Apparently everyone will continue to pay the price.
And to amplify your comments about the politicians being for the party rather than the people, I feel it is more basic than that; they are for themselves more than anything. Their main purpose is to stay in office.
There will be some attempts at some basic changes though. It appears that significant changes in our tax system and welfare system, disguised as refunds, will be attempted. Only the worsening ecomomy would prevent that. Otherwise I agree that much will stay the same.
The veto proof majority in the Senate, if the Dems get it, will be somewhat illusory. Many of the Dems would never be re elected in their fiscally conservative districts if they go too far.
I have to agree, I have never understood why there are parties, why wouldn't you vote for the person who had your philosophies or who you felt could do the best job. Each person is elected into the house and senate, so their job would be contingent upon what they accomplished. Too many just stand for their party instead of looking at the whole picture and what is best for the entire country.
The bottom line here is that the American people of all ages as well as Obama, McCain and Palin should be thanked and congratulated for the results of an election that clearly shows a definite need and demand for change.
However, change is unlikely and we will probably have 4 more years of the same play with different actors.
If we confront and handle the real criminals that are behind this latest and largest property grab in history, we have a shot at reversing the rapidly tightening police state. We need to prosecute those that created and are continuing these wars in order to put us further in debt and under further police state control.
As our 3rd president, Thomas Jefferson said in 1802:
"I believe that banking institutions are more dangerous to our liberties than standing armies.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
- 7 votes
Washington, in his farewell address, said that the greatest danger to a free economy was a two-party system. Sooner or later, he said, these parties would place their own needs above the people. Jefferson spoke at a time when banks had no regulators. The Federal Reserve Sytem was inacted in 1913 to stop the effects that caused Panic of 1893.
Since then (and as we have recently seen), banks are and will be controlled by the Fed. In fact, the Fed is said to have been one of the core causes of Great Depression; and, their decisions are part of the cause of the current problem.
A final point is the we no longer have investment banks. This was the private bank to which Jefferson referred. Thus, Jefferson's point in 1802 is at best moot. Currency was not regulated nor controlled in Jefferson's time. It is probably over-controlled now.
Your police state is in your government. They were the real culprits in this last problem in that the passed legislation that created the problem. Then they ignored their oversight duties to stem it. Since 1964, the government has steadily created higher and higher debt that has weakened the dollar, driven up prices, and secured a point in time when this whole thing comes apart - unless someone understands we must cut government cost to create balance budget. To do this, we must accept that government cannot deliver total security to us - without an eventual banckrupcy. We also must know that protectionism and higher taxes will drive our corporations away from us. Then we are toast.
It is almost humorous that most other countries are swinging back to capitalism after bad time with socialism. We, whose model the world uses for private enterprise, is swinging toward socialism. This is due in great part to the fact that our citizens want to be dependent on a government.
- 2 votes
Thanks very much for the comment.
The Fed was set up by guys like Rockefeller as an ultimate control device to curtail American freedom. The current equivalent of the banks to which Jefferson referred can be researched on the web site - bis.org. Check out the board of directors on this site. -
Same game different players and different Headquarters venue. Thomas Jefferson's point is more relevant today than ever. What he predicted 206 years ago is now abundandlt evident.
Thanks again for the feedback.
Onward and upward!
- 1 vote
As an older citizen we warned you young people back in the sixyies that Banks and lending institutions were as dangerous as any outside enemy. All they needed to do was buy enough politicians. Now they send out people to make up fights about its the Republicans fault or democrats fault no its fannie or freddie no its the Graham Leach bill.
They sit back relax and laugh then go take a bath in their money like scrooge McDuck
- 2 votes
Thank you Larry!! Amazing isn't it? Our 3RD President knew and how sad that "we the People" couldn't stop it and in fact contributed to our own current issues. After reading many many comments posted here it disgusts me that even after the election is won and we have our new President people STILL cannot calm down and debate civily. We need to support those we've now elected into office, hold them accountable and get back to living life in a Country that other people STILL want to get to. There are issues we could debate until we all turned grey and wrinkled. I didn't vote for Obama and I had my reasons and I don't agree with his policies and yes I worried...I even cried a little after he was elected because I allowed the media hype to effect...I allowed Posters on Newvine to effect me I allowed the current chaos to effect me until my son said something BRILLIANT...he said to me..."don't cry Mom...maybe it won't be as bad as you think". Maybe it won't...maybe it will...but if I don't start looking at the positives vs. the negatives then I'm making a choice and fellow posters...I choose not to be scared and nervous but to be positive and resolved. To stay involved and listen to ALL sides and not be a rude b*tch if someone doesn't agree with me but to remain open minded and educate myself in order to debate an issue...not beat down a person who's life experiences lead them to believe differently than I do. The fight is not here between us...or at least it should not be. The fight is for our daily lives against people that would take away our "unalienable" rights". We fight for each other...for our Country...for our children and our future. Time to take a deep breath Y'all...lets just see what happens...and deal with it together as best we can. PEACE...I'm letting it start here with me. Hokey as it sounds...that's all I can do right now because tomorrow I may have to fight for what I believe in but it won't be you that I'm fighting with.
Come on people. Barack Obama couldn't manage a snow cone stand. All he has ever done is pass fliers around Chicage(which is still a war zone) and go to meetings with Bill Ayers and Rev Wright(2 notorious haters). This govt will be America's answer to the puppet government. When you see BO on the phone-he's talking to Warren Buffet or George Soros who bought this election. When will this news media find out where all those prepaid credit card contributions came from. I know-lets call Ahmadenejad back and thank him for donating so much to this election and helping his little buddy BO get elected. These guys were so scared of Sarah Palen busting thier balls they are now totally trashing her through the Communist Media in America.
- 3 votes
Palin's own party is trashing her. Guess you didn't get the memo from your local party leaders.
- 4 votes
Hmmm...I didn't know our media was communist. Does that include Fox?
- 1 vote
Damn (midwest)...Give the guy a break...Know matter how you look at it, Barack is your new Pres...Give him a chance. Oh, buy the way, if he manages the country like he did his campange...We'll be fine...
- 5 votes
Amen - compare one campaign to the other - and you'll have your answer - strategic leadership vs. chaos -- and we've had more than our share of chaos for almost a decade now. I go for Obama and strategic leadership.
- 4 votes
Not only that but if Palin was the best the GOP could do as a candidate for VP, makes you wonder what solution for recovery they'd offer our economy as well.
- 3 votes
Its funny you guys mentioned the operations of the campaigns. There was a panel of 6 people on CNN discussing and comparing the various differences in McCain's campaign, Obama's campaign, and Hillary's.
All were in agreement, he is calm, calculating, and very confident about his skills, they all described his campaign and as a very well organized, well maintained machine.
- 3 votes
You actually watch CNN, try reading the economist or anything but CNN, NBC,CBS, MSNBC pull your head out.
- 1 vote
I do plenty of reading thank you, and I referenced that as related to the topic of this article that is what the segment was about.
My head is exactly where it needs to be, and why don't you find a justifiable reason for your rudeness next time other than someone doesnt agree with you! BTW you do realize the very seed your posting on is run by MSNBC, so if your so opposed what are you doing on this site??
- 3 votes
When he said anything but... He would eventually exclude everything but FOX and Rush Limbaugh.
- 2 votes
Bakka, Umm..didn't the Economist even endorse Obama over McCain ?
- 2 votes
To bakka:
You said: "You actually watch CNN, try reading the economist or anything but CNN, NBC,CBS, MSNBC pull your head out."
Oh really, bakka, if you feel that anyone who watches (or reads) MSNBC needs "their heads pulled out"......
THEN WHAT ARE YOU DOING HERE, bakka? Hmmmmm??? Where's your head, bakka?
- 1 vote
I won't give him a chance. He wouldn't give a late term aborted baby a chance. And don't think Newsweek isn't involved in all the hype about Sarah Palin. This anonymous source is probabley some Newsweek reporter. I have no patience for all the lies and derisive comments. The McCain campaign says the reports about Palin are false. "She never asked for more than a coke" was the comment made by a chief staff member in answer to the "anonymous" backstabber. All the poles say FOX news is the most fair and balanced of all the networks which is why NBC is going down the toilet. And yes I think Communist does fit. There is a far left slant to everything on NBC,CBS,ABC and usually CNN.
- 1 vote
What has he done to deserve a chance? 3 months or so in the Senate? None of you can even honestly admit you cant' reduce most of the people's taxes while increasing spending the amounts he wants to spend. It is not possible. Sad times.
There doesn't seem to be much change happening here, Clinton advisors are in large numbers around Obama, heck why didn't we just vote for Hillary?
Obama needs to step in now and tell Pelosi her rein as queen has now ended and she needs to be quite. She ran her mouth again and the market dumped, next same for Dodd he ran his mouth on day two and the market dumped. This new appointment of Ramo for Chief of Staff may not be a bad thing if Obama is unwilling or unable to shut up the idiots in the Senate and House.
The Democrats blamed George Bush for all of our economic probelms, he probably should be flattered that they believe he had that much power. Now two days after the election of Obama the market is dumping even quicker isn't only fair to blame Obama's win? Ya I know that's stupid but so are all these folks who blame Bush.
Obama has a huge problem coming forward with the Dodd's, Pelosi's, Reid's Franks just to name a few, these people haven't worked a day in their lives and they need to be stepped on and watched carefully. This Ramo guy is pretty far left but it appears he enjoys control and I think right now that is what Obama needs most. Obama will be blamed for all the stupid stuff these Franks and Company folks do just as Bush was. Lets watch them closely and pray someone either Obama or Rambo shuts them up.
Let's review, THE ECONOMY IS FUNDAMENTALLY SOUND, that didn't come from a Democrat. Phil Graham, STOP WHINING, there's nothing wrong with the economy. Phil Graham pushed and helped pass legislation to deregulate financial institutions. Bush should be flattered that people believe he had that that must power, He had the power but he allowed it to be abused. Tom Delay, John Boehner, McConnell, along with Frank have helped create this collapse, but when you are the ones in power you have the power to carry your agenda. Bush/Cheney carried it to the brink of total collapse along with the leaders of his party in both Houses.
- 1 vote
Bill Clinton also had a hand in this, as did Dodd and Franks. Along with a whole array from both sides of the fence. I guess my point is we as Americans should be holding them all accountable not just George Bush or Barrak Obama. Obama and Ramo will bring into office their agenda and in the usual American spirit if it fails or falters and they do not live up to the heavy load of promises made we will beat up on them.
I know that most think Obama being elected is the "CHANGE MOVEMENT" I personally do not see it, I do see the Clinton administration coming back into the White House, so maybe the BACKSLIDE MOVEMENT may be more appropriate. The one thing I am pretty certain of is Obama will be able to keep his fly zipped. Then again maybe we need to backslide a little to regroup and get our footing back.
I am not a fan of George Bush, I think this has been a horrible administration for many many reasons but that being said, again there are many to blame. I am watching with a critical eye because I really feell we do not know the real Barrak Obama, he is an intelligent, well spoken guy who most certainly pandered the poor and threw crumbs to the middle class for votes. I find it hard to believe that a man as intelligent as Obama did not know he was lying to the American people, pie in the sky promises, he knew which buttons to push. For the country I hope he is one of the most successful Presidents ever.
IDE
- 1 vote
Looking our unemployment rates, the % of companies with profits in 2008, the lack of foreclosures this year - not more than the average of the last ten years. we are in much better shape than any of the last ten financial recessions.
Had not the fed introduced the lower rate - Greenspan was a demo. Had not the demos put throuth the legislation that created the zero down mortages, the ability of freddie and fannie to go over their cap in subprimes, and all the states to change their law to permit what was essentially speculation, we would be coasting right now.
Bush fell asleepat the wheel, True. Bill Clinton recently quoted as saying the principal cause of the mess was the resistance of the democratsto new regulation of mortgage industry by both Clinton and Bush.
But, in fact, our economy is fundamentally sound. Considering it has a govermentwhose cost is as big as the economy of China on its back, our economy is great.
78% of all the firms in the S&P 500 grew in 2008. Our unemployment is at the 30 years average and is better than 7 out of 8 years under Clinton.
Nobody knows this because partisans make a living scaring people to vote for them. Hell, democrats would have lit a match to the whole thing if it got them elected. The idea that we are near Great Depression is absurd. But, people hear bad things and they stop buying. Most of the problem with our ecom.came from government response. Subprime foreclosures are down to nothing as the banks quietly have renegotiated. Did our politicians tell us that.
How many people do you know that are out-of-work or in foreclosure? I'm guessing nobody. When you let others control your thoughts you become part of the problem
- 2 votes
Little early to make such big pronouncements. Give him time... change will come.
Thought all might enjoy a economic piece written by one on Obama's short list for Sec of Treaury. This has not been edited.
1. How Will Markets Generally Respond?
Though the market closed down sharply on Wednesday, we still believe the election decision itself will likely act as a tonic for asset values. Investors during these difficult economic and financial times welcome the energy and leadership that the new president will almost certainly bring to the resolution of this crisis. The positive behavior of the equity and credit markets during the week leading up to the election speaks to this effect, though certainly there are many other influences acting on markets as well.
2. What Is the Likely Direction for Taxes?
With the Obama victory, the markets will lose any hope they had for John McCain’s proposed corporate tax cut. Given how the polls were going up to the election, however, markets likely had long since given up on this prospect, leaving investors with little need to make additional adjustments now. On other tax issues, the market will not likely welcome Obama's proposal to allow the top tax bracket to return to its former level of 39.5 percent and to raise capital gains taxes on higher-income families, from 15 percent to 20 percent. Doubtless, investors will have difficulty with the president-elect’s proposals to address Social Security’s funding by raising employer and employee withholding from higher incomes by one to two percentage points or to remove corporate tax breaks for firms that move jobs overseas. But it also seems likely, in this fragile economic and financial environment, that the Obama team will put off such tax hikes for a while at least. Even leading Democratic proponents, such as Representative Barney Frank (D-MA), have argued that the present economic environment argues against immediate tax hikes. If for some reason the Obama team retains an emphasis on capital gains tax increases, the equity market especially could face a difficult December, as investors try to take as many gains as possible under the present, lower rates; but then the market would likely rebound in January, as they put the money back to work.
3. What of Federal Spending Initiatives?
President-elect Obama has gone on record supporting a second fiscal stimulus package that would include foreclosure relief and a $1,000 cash rebate to lower-income families. He also has proposed spending initiatives to rebuild the nation’s infrastructure and will seek green energy alternatives to imported oil. The stimulus plan may get debated even before the inauguration, but whether or not it goes forward will, of course, depend on the state of the economy when president-elect Obama does indeed become president. In the meantime, however, the prospect of such a program could help the market’s gloom over economic prospects, at least marginally. On infrastructure, the $60 billion over 10 years discussed during the campaign is hardly enough to make much difference in a $350 billion a year sector, leaving investors with little reason as yet to alter their assessment. On energy, the proposed $150 billion over 10 years could have a significant impact, but only because it will aim exclusively at wind and solar initiatives.
4. How Will Health Care Fare?
Since the new team recognizes that the economy faces a severe burden from the effects of runaway healthcare costs, and since Obama in particular campaigned on a major healthcare plan, prospects in this area will be particularly important when the new administration takes office. Ironically, given the public images of the two candidates, McCain actually had the more radical proposal. His plan, though it avoided a big government role, could have ended the long-standing system of employer-provided healthcare insurance. It certainly would have made it more expensive for firms to offer the benefit and promised to slow the flow of money into all areas of the healthcare sector. With the Obama victory, the market has no need to deal with this potential disruption, however helpful it might have been in the longer run. Obama’s proposed government-sponsored healthcare plan could cause considerable market reevaluation in many market sectors. It promises, for instance, to increase the flow of monies into the sector and to enlarge the federal deficit considerably. But even as investors begin to digest the details of the Obama plan, they know that they have time to react, since these proposals will take a long time to pass through Congress and likely will undergo considerable modification before they become law.
5. What Is the Outlook for Trade?
This is the most problematic area to assess. Obama has said that he supports trade, but has placed caveats about seeking labor and environmental rules from America’s trading partners. He also has spoken against the free trade pact with Colombia and has talked about “fixing” the North American Free Trade Agreement with Canada and Mexico. Chances are that he will soften his positions, as do almost all presidents, once he takes office. Also guarding against radical actions in this area is the fact that the Democratic majority in the Senate is not quite the 60 needed to stop a filibuster. But still, investors need to watch developments in this area especially carefully.
In All the Excitement, Remember That Washington Is Only One Piece of the Puzzle
While recognizing the importance of all these policy prospects, investors also need to remember that the markets and the economy respond to much more than the changes in Washington. Here, the underlying situation remains dominant. The market, especially with its October sell-off, has discounted a much worse fundamental economic and financial situation than it will likely experience. Though markets are indeed fragile and the economy is definitely weak, the disaster implicit in today’s market pricing is not at all likely. Once that fact becomes apparent, markets should see an upward adjustment.
- 5 votes
This Guv gal the Magma com'on Loudly picked from Mich. to be on his economic staff, does anyone understand how stupid this woman is? I would like some one to print the numbers on her perfomance and then print Governor Palins for a comparative.
I hope Ol' Rahmboe is a pragmatic man, cuzz if he ain't the libs are going to go nuts and they do need a keeper.
News Flash --
Governor Palin had her chance to show her abilities - and lost - and embarrassed the heck out of working professional Moms at the same time in MANY, MANY cases.
- 3 votes
TrueAmerican...
News flash for you... look at Michigan's economy... Granholm is a joke! Great... she can speak well and she is smart... what has that brought to Michigan... more job losses... so she is an intelligent state economy destroyer versus an un-intelligent state economy builder... hmmm... I wonder which I should pick. Granholm killed the economy in Michigan and Palin built the economy in Alaska... hmmm... I'll take Palin.
- 4 votes
Jem, and the biggest employers in Mich were? Out-sourced thanks to FEDERAL not state economic policies. (Auto Industry)
- 3 votes
And how does increased corporate tax rates provide incentive for them to stay in the US?
If you want to see what increased corporate tax rates do, look at the exodus from California to Nevada and other states offering low rates and other incentives..
- 2 votes
minmn... yes they were... have you ever heard of a guy named Clinton and a little thing called NAFTA??? Hello... are you there... do you get it... or how about unions that refuse to budge so the companies have no choice but to cut jobs??? I grew up in Detroit right off of Michigan Avenue... I am well aware of the auto industry and what happened to it... lived there for 34 years... I never met one of my neighbors who when unemployed because the union would not back down who would not take a cut in pay just to have a job. Also, trust me, there are several state issues that come into play in Michigan... but that is not the point... the point is Granholm has done nothing to fix it and she is a joke!
- 2 votes
Granholm is truely the empty suit and having her sit in on his meetings for "input" he's asking for more trouble then he really needs atm.
I've lived in Michigan my whole life cannot stay here much longer,currently looking to move out of the state just like majority of my family have over the last 3 yrs and we been in this state since 1900 either i'm going to Missouri or Colorado thats where most of my family has moved back too.
Anyone know how the taxes,buisness in those 2 states are doing?
- 1 vote
Jem is correct.
Michigan has one of the most onerous corporate tax structures in the country. Granholm has done very little to make it more business friendly and some of what she has proposed would actually hurt business more. She is totally clueless.
I'm just wondering if using Granholm is just Obama's way of saying thanks for the support. I am hoping he is smart enough (he's supposed to be smart right?) to know she doesn't have a clue.
- 2 votes
JEM #18.2
Did Granholm cause the Wall Street Crash the has adversely effected All of the
American Economy?...as Governor did she set policies that intentionally or
unintentionally killed the Auto Industry?....Plus I heard her say she still wanted to
Remain Governor while she had a President in office who cared about the Auto Industry
who would work with her to fix it's problems.
- 1 vote
Wilberta... you're trying to argue a negative with a negative. It is not what policies she has put into place, it is the policies she has NOT put into place. But just to give you some facts... she raised the personal income tax from 3.90% to 4.35%. At the same time she raised the corporate tax to 22%. This was done in order to generate more revenue for the state. But wow... what a surprise... instead of the increase in revenues she forecasted, revenues have fallen. So now she has decreased revenues and has made the state less hospitible to business. So to your point... yes... by raising taxes, she has done a fine job of driving business and individuals out of the state. It is basic economics... raise taxes and people and business will find a cheaper place to live and work... hmmm... I wonder what will happen under Obama???
- 1 vote
I think it is wise for Obama to gather information from the people experienced in our nation's economic matters, but he does need to examine their agendas and carefully think about the end result of his decisions. I also believe it would be wise for him to gather information from the general public. With the technology available to him, he could easily find out what US citizens are thinking. Who knows, there may be an, unheard of, indivdual or group that has an idea or valuable input that could help his administration make the right decisions. There are allot of well educated and informed "thinkers" in our country. There are also allot of stupid and ignorant people that have a difficult time "getting outside of the box". He is not our current president; we still have Bush until January. He is wise to begin working toward the transition right away; he must have the time to weigh his options before is final decision is made. With what is facing Obama, everything must be done cautiously.
- 1 vote
this is so refreshing to see our president taking the time to get information on issues that effect all americans. now as for the gop and their way of handling problems,what do you think McCain would be doing at this time if he was elected. the very thought of this sends chills down my spine. so again the talking heads who comment on things they don't understand are good to keep the feed going but nothing else. invest your money in government bonds that are being made avaiable for us to step up and get our country back on track and get americans back to work. we have elected one of the best of the best that our country has to offer so now its our turn to put up or shut up. the bonds will pay for the rebuilding of america for all americans.the hate and sore losers will not.
- 2 votes
LOL...Of course he seeks advice. He has NO EXPERIENCE. WE ARE REALLY SCREWED!!! YOU DUMMIES!!!
- 2 votes
Because what we really need at this point is another President who doesn't take advice and shoots from the hip...
- 2 votes
Yes. Nobody, not one president ever, from Abraham Lincoln, no make that George Washington, until the present administration, has ever sought advisors who would not only advise them but offer differing opinions and viewpoints to create a well-rounded decision making process. WHO IS THE DUMMY?
- 1 vote
I guess we'll find out.
There have been some very great presidents.
yOU KNOW WHAT THE PROBLEM IS. the problem is us the people can't have civalized conversation the democrat's call the repubs names and the repubs call them names. why don't we just except the fact that Obama is our president we may not like it but it is the fact. we as americans citizens should stand buy our president regardless.
If we cant have a civalized conversation as citizeens what makes us think that we can come up with something to help our own country rebound from this mess we got our selfs in. and if in 4 years we don't like what Obama has done elect somebody else as president. We as a country need to choose are actions very wisely because other countrys are watching and it doesn't make us look good. and to mr Obama good luck hope you can turn things around.
- 1 vote
post #21....and who gave GW BUSH advice?....since we are already screwed. Now all
the people have Advice for Obama where were you guys at...6 years ago when W really
needed SOUND ADVICE...and didn't get any....The advisers Obama have help him
become the President...I think they will help him CREATE an outstanding legacy as
President because NO ONE wants to go down in History worse than GW....and probably
no one will.
- 1 vote
Not sure why the media thinks that Obama will listen to these type of advisors.
When his "real advisors" (Pelosi and Reid) get through with him, he'll try and enact all of those stupid liberal "tax and spend" policies they have in mind.
Wonder how long the soup-lines will be when Oshama gets through with us?
- 1 vote
daver?
After reading through the various postings, and "unfortunately" several of your post comments....I would personally like to thank you for being the poster child for EVERYTHING that is wrong with the Republican party today. You come across as arrogant, condescending, insultive, closed minded, self centered (need I go on?)
Please do keep right on posting your tripe man....Your thought process and the way you express yourself will further alienate moderates from the Republican Party.
If YOU are anything like what the Republican Party is about today, I want no more part of it.
Go look in the mirror....it is people like YOU....with your @!$%#ty attitude and smarmy remarks that lost McCain the election, and will continue to lose votes for the Republican party.
Congratulations! You've EARNED it.
- 4 votes
Geez JT, you sound so bitter for being on the "winning side" !
I take it you're still drinking that "change" and "hope" kool-aid?
I just look at all of the former "Clintonistas" that Obama is appointing and see more of the same. I've also paid attention to what Obama and the rest of the Dems are proposing and it's more "tax and spend"....so where exactly do you disagree?
As to the scandals, it was par for the course with the Clintons...so with so many of his former advisors coming on board, why should things change?
Probably shouldn't go there, daver, unless you also are willing to take a look at the number of criminals who worked for GW and Reagan the Magnificent.
All Obama has to do is make a speach and everything will be all better…
Hey, I know how to fix this!!! Let's tax those greedy businesses that are letting these people go even higher. Since they let everyone go, they must have lots of money left over now. Isn't that how it works? Those big fat cat creedy business owners!!! Let's take them for as much as we can. What could happen, only spreading the wealth!!! Yes we can!!! LOL
- 3 votes
The real game here is a massive property grab. Our country and each political party is under the control of the large financial interests. The guys that create and continue wars in order to keep us further in debt and under tight control.
Check out this site -- bis.org. Check out the board of directors on this site.
These are private bankers pretending to be but definitely not under the control of any one government and certainly not under the control of the electorate. Yet they daily determine the relative value of all major currencies - through always complex and always manipulative actions.
One of the last leaders to challenge them was JFK in summer of 1963.
Same game different players and different Headquarters venue than 1802. But Thomas Jefferson's point is more relevant today than ever. What he predicted 206 years ago is now abundantly evident.
Our 3rd president, Thomas Jefferson in 1802:
"I believe that banking institutions are more dangerous to our liberties than standing armies.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
- 1 vote
I for one am pleased that President elect Obama is gathering and soliciting as much input as possible. It demonstrates an intelligent approach to problem solving, you listen, gather data, analyze and ultimately make informed decisions and then be prepared to live with those decisions and to be able to outline the associated rationale. I did not vote for President elect Obama, but like it or not, he's the big Kahuna and is deserving of our support. I'm glad to know that he's searching for the best and the brightest, only time will tell whether he found them or not. I am, however, somewhat concerned with his heavy reliance on former Clintonites. Looking at problems through a new set of eyes and listening fo recommendations from a new set of mouths is often times a smart thing to do. But don't just simply throw aside knowledge, experience and skills. President elect Obama is the new Quarterback, let him run the ball, I'm sure there will be plenty of time for Monday morning arm chair quarterbacks to rehash the play by play. For naysayers, soothsayers, seers and omnipetent ones out there the election is over, there's a new player in town, you don't have to like him, but like it or not your going to have to live with it. If you can't make the adjustment you're in for at least four years of wallowing.
- 1 vote
One red flag in business as well as government is when you say that you need to study the problem. Translation: don't have a clue what to do...Obama said that he already had a plan before. What has changed that he now needs input?
- 1 vote
Fred--I agree. I cannot believe the HATE in these posts tonight. I also did not vote for Obama, but he is OUR new leader for the next 4 years and we must give him our support. The next election will be here before you know it and then everyone can have another say. I hope he does not fall in with the same-old-same-old politicians that have been spewing venom on both sides. He does need fresh eyes and ears to help him make what we hope, are good choices for our country. These are going to be tough times for the next year or so and it will get worse before it gets better--everyone remember that. As my 15 year old son says when I punish him: DON'T HATE!!
I started reading these posts out of curiousity as to what people were really saying, thinking and feeling. But I can't believe the pure "hate" posts I have read. I registered under a party years ago, because at the time, you had to register under one party or another to be eligible to vote. I don't consider myself either Democrat, Republican, Left or Right Winged, Liberal, etc., and have hated being labeled as such! I consider myself an American and am truly concerned about the state of our Country at this time. I am a "middle class" divorced grandmother with a son in our great United States Airforce, who has struggled for years to put food on my table, clothes on my kids and grandkids backs, and worked two jobs so my children could get an education (so hopefully they wouldn't have to struggle like I did). Like many, though, I do resent the illegal immigrants that are here that pay no taxes and get free health care. If they want to pay taxes and help support this economy, fine...let them stay. If they are just here to make money to send back home and live 8 families in a single family residence, no...they need to be sent back home. They are here to take advantage of us and have no right (legal or otherwise) to stay. I also believe "English" to be our native language and they should be required to learn it; we shouldn't have to learn their language. They made the decision to immigrate here; so..learn the language. Does anyone think if Americans decided to immigrate to Russia or Paris, they would change their national language for us? I think not and it would be absurd for us to expect them to. Also, speaking of trickle down effect -- if we start taxing the upper class, see who suffers. It has happened before...as the old saying goes..history DOES repeat itself (even though I'm sure these young people would not want to see some of those days repeated). I agree that the middle class does need extreme help, as I am one of those people. I just hope and pray there are some new ideas and strategies that will work for our economy, otherwise I see another "Great Depression" on our heels.
From what I have read on these postings, people are still hashing pre-election matters. It's time to move on. No matter who I voted for, BO is now our President elect and should have the support and respect of our citizens. After all, he was elected by a majority of our citizens. "May God Bless America!"
Billy-400615 - the alternative is the Bush bailout bill , where they floated $700 BILLION overnight with no real thought or discussion as to who was going to get it, when, and for what? Afterwards, someone in the Administration said they chose $700 B (instead of $600 or $800) because it "sounded like a nice big number."
You are wrong about the illegals not paying taxes. A lot of them pay taxes under phony Social Security numbers. They pay more becasue they don't file a return. If they filed returns, most of them would get money back.
The Republicans whined all through the last eight years of Bush neo rule and everyone stood for him and his extended hand ,like one I used to see on wwI News cast at the local theater. Sorry I am late but the dust has not settled yet from all day listening to a wIoD.Glenn Beck /Rush Limbaugh piped even outdoors loudly for all the neighbors to hear. It is like a Nazi rule and take over ,the Republicans will not stop the rabble rousing at all. It is a quick fix for them to ease the pain of losing to the greater power .The honest abe Democrats .We have Morals they can never have and it isn't our fault they are so crooked. They have used religion ,unbelievable dirty tricks and tactics against Obama . These lost souls are teaching the children that Democrats are terrorists .I am so ashamed of the Republicans and trheir methods t to get their way. It was crooked ,what Tom Delay did and all those White house mafia looking doos did . The Katrina Deaths and neglect was abominable behavior. Predjudice is a disease and it takes crude people to gather more crude people together for hate movements. I had three brothers in war and 1 husband ,my precious husband . I don't want to study war no more ,don't want to study war no more !!!Don't dare try to pack off my Granbabies to fill your dirty dealing Republican pockets full of money! Then snub babies and little preschool children,calling them POOR! When I die I want "There are no poor children in the sight of God" put on my tomb. It has hurt me to see these kids starving and critisized ,no wheel chairs ,no help. Losing their Parents for no good reason in a terrorists war with no end ,over oil and drugs.Top priority has been rich folks tax cuts and pay raises in the goverment and special breaks for their kids,while our young menand women died in unnecessy wars. Still they go on and on with Father Gods Glenn Beck and Rush Limbaugh. For a christian ,that should be a cardinal sin ,just letting your kids do that is a sin!! How dare you say one word about the new President who is sensible and has a beautiful family and is so genuine ,he makes white guys look like albinos. He is so perfect in thoughts and deeds and his wife is so advanced she makes the white first Ladies look peeked. I laughed when one news spot girl said which first lady will Michelle pattern herself by. She dsoesn't need a pattern . She is way ahead of the others in every way and I for one admire the whole family. If this is all you can say about the future President and family; you don't have any insight. I thank anyone who is intelligent and respectful of our future President. He deserves it . It was you Republicans that put Bush in office and we know who you are and we know what you did.
- 1 vote
OBAMA is using Goldman Sacks elites dis-mis information loot of publicrepackaged. Results will be same in different disguise. He does not like controversies and may turn out to be a Carter nationally & internationally doing harm to all or George the Cheney poodle. A leader gets all information but no instructions. What the mind does not know eyes do not see and ears do not hear. Rahm and other sleazies made millions from Financial Banks & Institutions with worst criminal activities who have brought the misery and mayhem to the world. He is utilizing prior top trash which will trash the common man. Repackaging reformed addicted to fame fortune and fantasies will bring us to all murders mayhem wars and collective destruction. It seems when one is rocketed in stratosphere dementia sets in at top. Obama was elected because of default of GOP & George. Obama is better of if Pope makes him Saint Barack. God bless our World!
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