To: i-node who wrote (462592 ) 3/10/2009 5:49:45 PM From: Taro 1 Recommendation Read Replies (2) | Respond to of 1578096 My alter ego Bob had a comment to our posts like this, enjoy his wise words. Then again, he is a concerned US citizen, doesn't just flee the country like I am in the process of doing. Taro "Some of this is worth thinking about. But not much. For one thing, even BO is incapable of bringing the whole ship down. Already there are already even Democrats murmuring against his socialistic actions and proposed further actions. And there will be more elections in less than two years. Americans will not put up with incessant bull-shit. And they have a short memory when their pocketbooks are threatened. BO gets his two years, but if at the end of that he has not shown great progress toward restoration of the economy, he will be through. The mid-term elections of 2010 will severely weaken BO and the Democrats unless the voting public is happy with the economic progress they have demonstrated. Democracy really is self-correcting. And BO clearly does not understand some fundamental things he MUST do: Number one is FOCUS on correcting the economic trend. The smartest class of people are predicting his failure due to lack of that focus, as demonstrated by their selling the equity markets into lower and lower levels: down 30% since his election, down 20% since his inauguration. And inexorably lower almost every day (with meaningless sporadic up-spurts along the way, as is typical market behavior). He MUST get the banking situation straightened out, and clearly does not know how. He depends on Timothy Geithner to show the way, but that guy has not yet impressed anyone with his ability to lead the Treasury department. It's just like baseball - the guys who don't pay attention to the fundamentals, lose. And banking is the most fundamental part of the capitalist economy. The one thing that BO can do to insulate himself against the inevitable is what I wrote about before - legalize the illegal immigrants: And that is why his policy and actions in that arena must be watched so closely, again as I recommended before! That potential 12-15 million additional votes for liberal Democrats could perpetuate BO in power DESPITE a lack of demonstrable progress for the economy. If that should happen, then true gloom and doom lie ahead. But if forced to bet right now, I would bet the other way. Democracy really will be self-correcting, one way or the other. Right now BO is flailing around, trying find a way to translate his visceral popularity into approval for actions he wants to see instituted. But he clearly does not know how to do that, because most American voters are smart enough to demand the acid tests - are we making economic progress or not? Not even BO can find a way to break the great feedback loop that constitutes the American method of leadership selection.