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The Obama thread - Without flaming! (pg. 2)
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| Skipper |
What's wrong with Michelle Obama? She's quite intelligent in her own right.
Obama's entire first term is going to be characterized by the massive amounts of spending needed to pull the economy out of this recession. Recessions like this necessitate repeated, sustained government stimulus over several years and he will run massive deficits for his first few years in office, if not more.
I do approve of his recovery plan, if it can be done. Investing in schools and technology infrastructure will go a long way for the next generation. His biggest challenge will be encourage nonpartisan politics in getting that money out into the economy though. |
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| feelgood |
| quote: | Originally posted by devnull
CEO that were ousted were still granted millions for getting a kicking in the ass goodbye... I really dont believe in golden parachutes
as a normal employee, u get fired..u dont even get EI....execs...get fired...u get millions...
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Except when you work at a large company, and Unions are capable of crippling the economy by offering laid off workers full pay for one year. Same thing if you ask me.
Obama.
disapprove.
Yay.
- Well Spoken and cavalier
- Educated
- Excellent ambassador for the US of A
Nay.
- Very socialist policies thus far.
- Top down approaches to virtually any crisis occurring as opposed to piece meal solutions.
- His policy mimics Roosevelts 'New Deal'
| quote: | Originally posted by Skipper
Obama's entire first term is going to be characterized by the massive amounts of spending needed to pull the economy out of this recession. Recessions like this necessitate repeated, sustained government stimulus over several years and he will run massive deficits for his first few years in office, if not more.
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I'd argue that the solution to this recession is not more taxpayers money being infused to the situation, but a change in social consciousness. How do you do that? You don't. Decrease corporate taxes. Destabilize unions. Unfortunately there will be job losses, and companies will go bust, but its a natural deflationary process.
ie. bailing out banks, does not increase lending because people are far more conservative spenders than they were 2 years ago and are less likely to make purchases requiring big loans. Not to mention banks are less likely to give out loans.
Re: recessions are also shifts in consumer mindsets with the economy being a function of it. |
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| Yohan |
i'm also curious to know if obama has balls for foreign policy
so far, i've seen nothing that he'll have the balls to take on morons like ahmajewhatever, kim jong il and rest of the loonies |
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| patpicos |
| quote: | Originally posted by Yohan
whoever wants peace, prepare for war
-vegetius
i'm always amused by people who think military isnt necessary
i suppose being a slave is being preferable to war:wtf: |
how can a $10B/month be justified when a country is almost crumbling. $10B/month could do wonders to HELP the american people.
Most "dangerous" countries are pretty far from the US and their threats are somewhat limited. So why spending more on army than helping your country build itself to thrive
Has Canada been under direct thread in the last 10 years..not really, yet we sucked up to push plans and kept sending troops...to please mighty bush in favors of other issue (politicking at its best)
I seriously believe in mind ur business and you wont be someone's enemy. |
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| Aleksandra |
Obama rocks.
Let's see what happens :) |
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| Yohan |
| quote: | Originally posted by devnull
how can a $10B/month be justified when a country is almost crumbling. $10B/month could do wonders to HELP the american people.
Most "dangerous" countries are pretty far from the US and their threats are somewhat limited. So why spending more on army than helping your country build itself to thrive
Has Canada been under direct thread in the last 10 years..not really, yet we sucked up to push plans and kept sending troops...to please mighty bush in favors of other issue (politicking at its best)
I seriously believe in mind ur business and you wont be someone's enemy. |
war is diplomacy by other means
-clausewitz
in international diplomacy, your words mean if you cannot back it up
international diplomacy is thuggery at its finest, despite all the honeyed words |
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| patpicos |
| quote: | Originally posted by feelgood
Except when you work at a large company, and Unions are capable of crippling the economy by offering laid off workers full pay for one year. Same thing if you ask me.
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unfortunately, unions are a protection from the 70s 80s 90s that dont work anymore and are simply crippling the system. Unions have fought for decades to obtain better rights and salaries for employees that they will die before relinquishing power. We need to go back to...u get paid what ur worth... Looking at the US Auto crisis/bailout...the unions have made some concessions...but not enough (not to say that more should be done...ie bond holders taking a hit too, etc).
I mean, how can one justify paying $25-50+/hour an assembly employee... its repetitive and specialized work when others making jeans or other clothes are payed $10 an hour and fear loosing their job to other countries. |
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| feelgood |
| quote: | Originally posted by devnull
unfortunately, unions are a protection from the 70s 80s 90s that dont work anymore and are simply crippling the system. Unions have fought for decades to obtain better rights and salaries for employees that they will die before relinquishing power. We need to go back to...u get paid what ur worth... Looking at the US Auto crisis/bailout...the unions have made some concessions...but not enough (not to say that more should be done...ie bond holders taking a hit too, etc).
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bingo.
free market ftw. |
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| patpicos |
| quote: | Originally posted by Yohan
i'm also curious to know if obama has balls for foreign policy
so far, i've seen nothing that he'll have the balls to take on morons like ahmajewhatever, kim jong il and rest of the loonies |
foreign policy, although somewhat important should be of minimal priority when you need to fix things at home.
Which one would you do first, helping a neighbor build a basement or fixing a leaky pipe at home?......
IMHO fix whats yours and then help others next. although selfish, i think its the best course of action |
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| patpicos |
| quote: | Originally posted by feelgood
bingo.
free market ftw. |
hehe...not so much
again, there is too leftism and rightism.
On one side, you get the green card and can do whatever you want (deregulation, see Enron scandal and fannie mae/Freddie mac) and on the other side you get too much regulation which stiffles innovation and creativity...
I believe in moderation. I've done some research lately on Fannie/Freddie and I saw how greediness and green cards can lead to disasters. I prefer stability and decent growth than constant change and stupid growth that cant be maintained |
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| SkyHigh |
Obama is moving quickly.....
Obama to close Guatama Bay:o |
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| Yohan |
| quote: | Originally posted by devnull
foreign policy, although somewhat important should be of minimal priority when you need to fix things at home.
Which one would you do first, helping a neighbor build a basement or fixing a leaky pipe at home?......
IMHO fix whats yours and then help others next. although selfish, i think its the best course of action |
yes... we all saw what US's isolationist policies got them into early to mid 20th century
if you got something your neighbour wants, your neighbour will try to take it, either directly or indirectly if you cannot defend yourself
there's a reason why Russia is trying to invest in military, because some slant eyes with need for resources is eyeing Siberia
Canada is already being tried to dicked around with. Yanks think NW passage is international waters, despite being in Canadian Arctic. Even Denmark wants a piece of Hans Island, for potential oil and other natural resources
what about moral responsibilities? do you think places like darfur and rwanda required/requires international intervention? |
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