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To: studdog who wrote (101731)2/28/2009 11:12:49 AM
From: zamboz1 Recommendation  Respond to of 110194
 
We have a president who can actually process information. He has Volcker's committee advising him to give him alternatives to Summers and Geithner. As long as he is listening, we have some calculated hope unless we hit that reef. I never hit a reef, only few sand bars. <g>

Good article on Yahoo today about Obama's willingness to take on special interests on behalf of the people. But I was disappointed he did not include "financial oligarchs".

news.yahoo.com

Obama challenges lobbyists to legislative duel
By CHARLES BABINGTON, Associated Press Writer Charles Babington, Associated Press Writer – 2 hrs 33 mins ago

WASHINGTON – President Barack Obama challenged the nation's vested interests to a legislative duel Saturday, saying he will fight to change health care, energy and education in dramatic ways that will upset the status quo.

"The system we have now might work for the powerful and well-connected interests that have run Washington for far too long," Obama said in his weekly radio and video address. "But I don't. I work for the American people."

He said his ambitious budget plan, unveiled Thursday, will help millions of Americans, but only if Congress overcomes resistance from deep-pocket lobbies.

"I know these steps won't sit well with the special interests and lobbyists who are invested in the old way of doing business, and I know they're gearing up for a fight," Obama said, using tough-guy language reminiscent of his predecessor, George W. Bush. "My message to them is this: So am I."



To: studdog who wrote (101731)2/28/2009 1:20:17 PM
From: Skeeter Bug1 Recommendation  Respond to of 110194
 
>>I wish he would talk more about our unsustainable degree of private debt.<<

i heard him say that consumer debt didn't cause this problem.

he was asked about what role excessive consumer debt played in this crisis and he said it didn't. it was *all* greedy wall street.

now, you may be right that he knows better, but that makes him an accomplished liar.

i think he's the latter. a guy who thinks, much like the bushevics, that the end justifies the means.

the question is, what is his true ultimate agenda? has he ended the recording of all american phone calls yet? will he destroy the nation propping up obviously insolvent, zombie banks (btw, he lies through his teeth saying he wouldn't spend tax payer money to benefit banking CEOs)?

he is as good as you say at communicating, but his willingness to lie at the drop of a hat leaves me wondering what is a lie and what is truth. i can't tell.



To: studdog who wrote (101731)2/28/2009 2:36:44 PM
From: Broken_Clock4 Recommendations  Read Replies (2) | Respond to of 110194
 
I think he has made rational choices and has a coherent plan.

===

I'm not going to belittle what you stated but given even the president's own advisors as well as others have publicly stated there is no way to quantify whether or not O's "plan" will work or not, I would like to hear your thoughts on why it will.

How does continually shoveling trillions of dollars into a raging financial inferno "fix" anything. AIG being the poster child.

If O is truly serious about creating jobs, why not take the trillions and actually spend it on something tangible? 500 schools dedicated to alternative power, an AEC(alternative energy corps) dedicated to putting solar panels on the roof of every home and business in America? The money squandered on AIG would have funded that program easily.

That is but one example and there are, no doubt, many more. All I see is business as usual.



To: studdog who wrote (101731)2/28/2009 4:44:24 PM
From: NOW1 Recommendation  Respond to of 110194
 
he clearly is not clueless. now show me how that has changed the direction we are heading in, cause that reef looms directly ahead of us. by all accounts he has added sail while pointing in the SAME DARN direction.
<we can keep the ship going enough to avoid the reef while we refit the ship with a new, (and different) engine. He has clearly chosen the latter option.>