Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (103528)	10/27/2011 11:52:24 AM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

Obama has done so well on the foreign policy front because he has a very good team. Where is his good economic team I wonder. If his economic team is all that good, then why hasn't it performed with the shining colors that the foreign affairs team has performed? I wonder, President, what accountability is he requiring from his economic team. I am sure Obama realizes that his job is like that of a CEO who brings together teams that perform similar to what Jobs did. Where is Geithner and what has he done is the question I ask. Granted Obama's job performance has dipped below the 50% mark. But his personal popularity still remains high. And I hope he uses his high personal popularity numbers to prop up his job performance numbers by seeking the accountability from Geithner and his team. It is good that he desires to keep in touch with the pulse of the people by reading the letters he gets. But it is also important for him to walk those departments such as Treasury etc. and ensure that there is no internal personal politics at play that is preventing good people to perform.

To: gerard mangiardi who wrote (103528)	10/27/2011 2:59:14 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Tell you what. Take all the money you have and spend it on cars and boats and clothes and vacations. Then go and borrow as much as you can and repeat with the extra cash you get. Then come back to me next year and tell me how wealthy you feel. I personally will continue to do what I always do, which is to save and invest my money in assets that provide me a yield, while buying mostly those things I need with an occasional extravagance. Let's compare notes next year. I'll ask you the following questions, so please come prepared to answer them honestly. * Did all that consumption you went through create sustainable wealth for you? Do you feel stressed out and close to bankruptcy trying to make the payments on all the debt you acquired to buy you all those nice things? * Do you think all the investments I made created sustainable wealth for me? Do you think my path was a better path for the long run? How stressed out do you think I feel with all my money safely tucked away and returning nice dividend checks every month? * Now that you've been through this experience, what would you do differently?