I can't bash him yet, but I'm watching closely.
:wink:
I think the POTUS has to try to restore consumer confidence PC, so he really can't bash too hard. I'm gonna cut him slack on this one.
:wink:
I think the POTUS has to try to restore consumer confidence PC, so he really can't bash too hard. I'm gonna cut him slack on this one.
nobody can "fix" the problems
what has been done has been done we lived beyond our means for too long and now its time to pay the price
all they can do is either delay or extend the pain by spending us into more debt which is why we are in this position to begin with
and willie you heat the nail on the head
he has to take the roll of FDR and be careful to not be too gloomy and upbeat about the future
and he has a tough task of coming up with a way with getting more people on the new deal bandwagon that is coming
where we tax the rich and create lots of debt to give the have nots jobs
this nation is still quite divided big time....
like i said should be an interesting 4 years that's for damn sure
what has been done has been done we lived beyond our means for too long and now its time to pay the price
all they can do is either delay or extend the pain by spending us into more debt which is why we are in this position to begin with
and willie you heat the nail on the head
he has to take the roll of FDR and be careful to not be too gloomy and upbeat about the future
and he has a tough task of coming up with a way with getting more people on the new deal bandwagon that is coming
where we tax the rich and create lots of debt to give the have nots jobs
this nation is still quite divided big time....
like i said should be an interesting 4 years that's for damn sure
Quotes from the press conference:
"This is the greatest economic challenge of our lifetime."
"I do not underestimate the enormity of the task that lies ahead"
"Some of the choices that we make are going to be difficult and I have said before and I will repeat again it is not going to be quick it is not going to be easy for us to dig ourselves out of the hole that we are in"
He vowed to extend unemployment benefits for workers, to help families avoid foreclosure and to aid small businesses and strapped state and municipal governments as well as the U.S. auto industry, which has been pounded by plummeting sales.
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again as usual just throwing money at failed businesses and failed policies and trying to prop up prices of things like homes that naturally want to fall
all this does is prolong things it isn't spending money on things that will stimulate the economy and give us a return on our investment long term....
they are just near term bandaids....so people without a job can get a check for a little while longer.....so people can stay in their homes for a few more years......so state and municiple governments that are in bad economic standing due to liberal fiscal practices can continue those practices for a few more years......and so GM can continue to burn through 7 billion dollar of cash every quarter so that some people (there will be huge job losses just not all) can have a job and pension promises still be paid out for a few more years....
just delay tactics and a horrible investment
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again as usual just throwing money at failed businesses and failed policies and trying to prop up prices of things like homes that naturally want to fall
all this does is prolong things it isn't spending money on things that will stimulate the economy and give us a return on our investment long term....
they are just near term bandaids....so people without a job can get a check for a little while longer.....so people can stay in their homes for a few more years......so state and municiple governments that are in bad economic standing due to liberal fiscal practices can continue those practices for a few more years......and so GM can continue to burn through 7 billion dollar of cash every quarter so that some people (there will be huge job losses just not all) can have a job and pension promises still be paid out for a few more years....
just delay tactics and a horrible investment
obviously he's on the same path he just needs to talk more like him is what i mean that's all
he has to be more convincing and be more upbeat and get more people on the bandwagon
obama a save the system guy like FDR
appease the hungry masses with handouts and keep them from rioting and waking up to the true root of our problems
to ensure faith in the system remains in order to save the banks and the central banking system and the federal reserve and fiat money
should be interesting to see what comes outta bretton woods II next week/weekend
he has to be more convincing and be more upbeat and get more people on the bandwagon
obama a save the system guy like FDR
appease the hungry masses with handouts and keep them from rioting and waking up to the true root of our problems
to ensure faith in the system remains in order to save the banks and the central banking system and the federal reserve and fiat money
should be interesting to see what comes outta bretton woods II next week/weekend
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i'm just speaking from the powers that be perspective not what i want
what i rant on this forum isn't gonna change the fact that 95% of americans are ignorant and think (well it does so long as everybody is doing it) the world revolves around gaining as many fiat dollars as possible.....
that said i think FDR will be alot harder to pull off this time
first go round the fed was a relatively new thing and not that understood plus we were starting from a point in which there was no nanny state to speak of so anything the government gave them at that time was gravy
today people expect things from government when things turn bad and i have a feeling they are gonna have a hard time just providing the basic needs to everybody
and hopefully as things evolve people finally wake up and realize government is the problem not the free markets
right now capitalism has a bad name and communism is making a big charge near term....hopefully long term as evolves we can reverse that trend.....as they experience the obama administration first hand and find out that he can't save them
who knows maybe he can we shall see.....
but i'm with you hoping for mass social unrest and revolution.....screw commufascism
what i rant on this forum isn't gonna change the fact that 95% of americans are ignorant and think (well it does so long as everybody is doing it) the world revolves around gaining as many fiat dollars as possible.....
that said i think FDR will be alot harder to pull off this time
first go round the fed was a relatively new thing and not that understood plus we were starting from a point in which there was no nanny state to speak of so anything the government gave them at that time was gravy
today people expect things from government when things turn bad and i have a feeling they are gonna have a hard time just providing the basic needs to everybody
and hopefully as things evolve people finally wake up and realize government is the problem not the free markets
right now capitalism has a bad name and communism is making a big charge near term....hopefully long term as evolves we can reverse that trend.....as they experience the obama administration first hand and find out that he can't save them
who knows maybe he can we shall see.....
but i'm with you hoping for mass social unrest and revolution.....screw commufascism
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