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POLITICS: OBAMA SAYS IT’LL GET WORSE BEFORE BETTER / WEEKLY ADDRESS / CONGRESS GETS A RAISE

Monday, December 22, 2008

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President-elect Barack Obama (pictured at the airport on Saturday catching a flight to Hawaii for winter break) warned on Friday that economic recovery won’t be as fast as he completed his Cabinet, after naming the secretaries of transportation, labor, trade and small business policy.

It will take longer than any of us would like — years, not months. It will get worse before it gets better. But it will get better if we are willing to act boldly and swiftly,” Obama said — and he promised to do just that.

Obama declined to put a price tag on an economic stimulus plan he will propose, but signaled that it could be huge because of his priorities: creating jobs, getting the economy back on track and fixing financial markets among them. “That is going to cost a significant amount of money on the front end,” he said.

WEEKLY ADDRESS

On Saturday, December 20, 2008, in his weekly address, President-elect Obama introduced the team of men and women who will head up the nation’s major scientific departments.

CONGRESS GETS A RAISE

Lawmakers could not be persuaded to freeze their pay amid a crumbling economy, and millions of jobs lost by their constituents. Instead, they will get a $4,700 pay increase, an additional $2.5 million that taxpayers will spend on congressional salaries.

“As lawmakers make a big show of forcing auto executives to accept just $1 a year in salary, they are quietly raiding the vault for their own personal gain,” said Daniel O’Connell, chairman of The Senior Citizens League (TSCL), a non-partisan group. “This money would be much better spent helping the millions of seniors who are living below the poverty line and struggling to keep their heat on this winter.”

However, at 2.8 percent, the automatic raise that lawmakers receive is only half as large as the 2009 cost of living adjustment of Social Security recipients.

Still, Steve Ellis, vice president of the budget watchdog Taxpayers for Common Sense, said Congress should have taken the rare step of freezing its pay, as lawmakers did in 2000.

Look at the way the economy is and how most people aren’t counting on a holiday bonus or a pay raise — they’re just happy to have gainful employment,” said Ellis. “But you have the lawmakers who are set up and ready to get their next installment of a pay raise and go happily along their way.”

( Sources: AP, The Hill )
( Photos: AP // AFP )

111 CommentsCOMMENT?

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111 Comments


1.

Geoffrey

Monday, December 22, 2008 /

I am very interested to see what Team Obama has in store for the economy. It is critical that we allow Barack the opportunity to establish himself in office before we expect to see the change he will bring us. Things will change for the better, however it will take an extra amount of hard work to fix the mess we are in right now. We must be patient in what we expect Obama has a very difficult task ahead of him, but he is presidential and that is what great leaders do take on tough challenges. We will succeed.

2.

Greatestloveofall

Monday, December 22, 2008 /

America’s vision of capitalism will have to change forever. Years of unregulated markets and chronic neglect created the situation the economy is in now. IMO heads of these large banks, corporations, etc should be punished heavily to act as a deterrent for anyone in the future.

I know the right-wing conservatives accuse Obama of being too protectionist or wants to turn America “communist” ( :roll: ) but it was their staunch belief in nothing but free market economics which got us into this mess in the first place. Capitalism shot itself in the foot. American people need to learn life long lessons from this recession.

3.

Happiness is a Choice...Be The Best YOU There Is...

Monday, December 22, 2008 /

I can’t wait until the inauguration so he can really get his plans into action I’m surious to see as well how he proceeds. Of course it will take years it’s going to take longer then Obama’s four year term also. It took Bush eight yrs to really screw it up.

4.

DEZMAR TYSON

Monday, December 22, 2008 /

sounds like Obama is planning on doing big things!!!!!! i voted for him but i DONT expect a miracle….I do expect something better. its time FOR CHANGE!!!

5.

lovie

Monday, December 22, 2008 /

shame on Congress!

6.

WTF

Monday, December 22, 2008 /

I was about to say what is Obama doing with Charlie Murphy? lol

7.

U Embarass Me, U Embarass Yourself

Monday, December 22, 2008 /

No one should expect a miracle. Obama is a man. Politicians have great hopes but very few come to exist. I do believe we will be better off with Obama or any democrat in the White House than a republican

8.

Prettygirl90221

Monday, December 22, 2008 /

LOL @ #6. But I thought the same thing, he does look like Charlie Murphy!

I hope everyone understands that the changes needed with our economy will be a work in progress. But I am confident Obama can steer us in the right direction.

OBAMA 09′!!!!

9.

sigh

Monday, December 22, 2008 /

I think Obama created these “high expectations”, during his campaign. It’s also laughable how he’s backtracking on almost all his promises.

Now I’ll admit that I’m not the biggest Obama supporter, but I do have a question. During Obama’s campaign he had mentioned his plans to pay for healthcare as well as “distributing the wealth,” Obama has stated (during the election) that he would tax the wealthiest Americans..and a few weeks ago he’s reniged on this. So if he isn’t going to enforce higher taxes on the wealthiest Americans, where is he going to get the funds to pay for his proposed plans/stimulus packages etc., where is he goin to get the money from?

10.

The New Black Savior

Monday, December 22, 2008 /

Y’all still think things are going to get better, huh?
SMH, no offense to know one,I mean no disrespect.
But look at everything around us not just the US, things are getting worse
not better and not one bi-racial man is going to solve the issues. IMO.

11.

The New Black Savior

Monday, December 22, 2008 /

#9 See I didn’t know that, good question.

12.

Harlem Loves...

Monday, December 22, 2008 /

I can’t wait for him to finally become President. I really want to know the details of what he’s planning to do rather than these little hints. Still sounds interesting though.

13.

H-Town Chic***

Monday, December 22, 2008 /

@ #6 Too funny!!!!!

Yeah I know Obama can’t fix all this mess in four years but I expect to see some changes hopefully he can be in office for eight years then that’s when we would some dramatic changes.

14.

sowhat...1234567

Monday, December 22, 2008 /

@ Sigh….

I don’t think he said he will not impose taxes on the wealthy. I think he simply said that he will not be able to implement it until the economy gets better (from the concreteloop post, his economic plan will not be implemented in the near future). I don’t know exactly what you were stating because “reniged” isn’t a word…I assume that it was a mistake.

Obama intends to reform the economy and the health care system…but first, he has to clean up the redneck’s mess.

My guess is that he’s going to tackle the cheapest issues first just to say that he did something. Besides, Clinton did the same when he took power: he back-tracked.

15.

sigh

Monday, December 22, 2008 /

@ 14

Per the NY Times, Obama will not enforce higher taxes on the wealthy–i.e. $250,000+ and that he will just let the Bush tax policy expire in 2011. You can check the NY Times. So my question is still valid, how will Obama pay for healthcare programs, stimulus packages, after school programs etc.,?

In fact, I think during a press conference, a reporter asked Obama the same thing and he responded w/ something like, “oh that’s for my economic advisor to figure out”…I’m paraphrasing…I’ll look up the article and get back @ cha! :)

16.

Umm....Americans r shallow

Monday, December 22, 2008 /

I’m happy that he recognizes that we’re in a deep recession…unlike Bush, who was looking @ the world through rose colored glasses said, “we’re not in a recession”, ok Bush…then what this is? Prosperity?? Bush needs to get a clue…he better be lucky that there were only shoes thrown @ him…not bombs!!! *smh*

17.

sigh

Monday, December 22, 2008 /

Per NY Times, as promised:)

http://thecaucus.blogs.ny...ess-conference/#more-7821

The last question went to Debbie Charles of Reuters, who said she wanted to ask a question about health care, at the risk of disappointing her colleagues who might want to pursue the Blagojevich matter. She asked how Mr. Obama could fund his health care program, given the economic downturn; she noted that he had originally said he would pay for his health care plan by repealing the Bush tax cuts.

Mr. Obama said he was going to try to achieve savings in the health care system and said “we are probably going to have to find additional dollars to pay for some investments in the short term.” He said he had not decided yet “how we’ll deal with the rollback of the Bush tax cuts for the wealthiest Americans — that’s part of the charge that I’ve given to my economic advisers.”

He also said he planned to sit down today and “start to chart out how this process goes forward.” He repeated what he said during the campaign, that he wanted everyone — from doctors, nurses, patient advocates, business and labor — involved in the discussions and that “we’re still going to have a bunch of this stuff on CSPAN.”

Mr. Obama said he would convene “all the interested parties” in Washington “sometime early in my administration” and make sure the discussions about health care are “intimately woven into our overall economic recovery plan.” He concluded that health care is “not something we can sort of put off because we’re in an emergency _ this is part of the emergency.” He said he wanted to “make sure that our strategy reflects that truth.”

__________________________________________________________________

I’m sorry but this is not a response. Obama proposed many other plans that would also costs billions of dollars too! I just don’t understand how he’s goin to pay for anything that he promised, but oh wait, that’s not for him to decide that’s up to his economic advisors, smdh!

18.

Angie.Who

Monday, December 22, 2008 /

@ #2

Co-sign totally!

19.

Katz

Monday, December 22, 2008 /

@ Sigh

Obama did say that he would let the Bush tax plan expire in 2011. However what we have to understand as a people that Obama has to have a chance to led. He hasn’t even started his new position yet and already people are in critizism. He hasn”t even revealved a game plan yet and already people are trying to make predictions. Do I think things are gonna change overnight…. NO. Should you think things are gonna change overnight….. NO. Do I think that he will tackle all promised issues with one term….. NO. Look at the state of things as he takes over. It took 8 years to fuck it up, its gonna take more than 4 to fix it. Just as George Bush has made some final arrangements with issues he would like to contiue his way, If Obama is not selected for as second term I’m sure he will do the same.
Also planning for a job you’ve NEVER done before is easy….. You don’t know the ” behind the scenes” info or the projects that may be ” in the works ” that you must now facilitate over in order to get your platform out there. So give OUR new leader the same respect that was given to those before him and allow him a chance to be President Barak Obama fairly and without judgement until its time to judge him in 2012.

20.

M*

Monday, December 22, 2008 /

great photo selection for the COngress. i hope it storms that place DOWnnnnnnnn

21.

pz

Monday, December 22, 2008 /

ahhh….i love my president!!!!!!!!!!!!!

but congress should’ve certainly frozen their pay!

22.

mel

Monday, December 22, 2008 /

@ #9 yeah after his meeting with Bush, he knows the real deal so he had to back track all the those promises…lol But I truly believe he can make things happen and turn it around for us.

23.

JUJU

Monday, December 22, 2008 /

This may sound stupid but will the inaguration air on tv???

24.

Obama Is Not Black Jesus

Monday, December 22, 2008 /

Barack Obama himself isn’t going to fix anything. It is going to be a collaborative effort from the American people as a whole. It it our responsibility to repair or own country, Barack Obama will simply be our leader. He has the right ideals, but he’s not going to do it alone. He can’t. So instead of waiting for some Messianic miracle, find what you can do to better your portion of society.
There is no such thing as a “fixed” country. As long as you are here on Earth, there will be issues. I feel for the dude, everyone just watching all wide-eyed like he’s the saving grace of society, when the truth is, it is all within ourselves.

25.

WHY?

Monday, December 22, 2008 /

why that man look like a young MLK?

26.

Genuine Lady

Monday, December 22, 2008 /

Yeah I agree with everyone who said it will take time for this to happen. I hope no one actually thought that this man would become President then “Poof” recession gone. We definitely will have to be patient and make sure we do what we gotta to do to help the situation get better.

Congress is trippin for gettin that raise!! After all that bull about the Auto Execs they got their nerve.

27.

SASSYDANCER

Monday, December 22, 2008 /

Look at all the mess he has to clean up behind dumbo ears bush and his goofball administration, what do we expect???

28.

The New Black Savior

Monday, December 22, 2008 /

He ain’t about change people.

29.

nish-nish

Monday, December 22, 2008 /

I think that it would be impossible for Obama to provide a detailed strategy for repairing the economy at this time or any time within the near future. Remember, he was only elected a month and a half ago. @Sigh, it probably would take most people longer than a month and a half to figure out how to resolve their own personal household budgeting and debt issues and you’re expecting Obama to give you answers that involve the whole country. This issue didn’t occur overnight and it isn’t going to be fixed overnight and whether we like it or not, it’s probably going to take some type of trial and error since I don’t think anyone’s in the position to give definitive fool-proof strategies for resolving this crisis. Can I reiterate the word “crisis.” Obama has a team of people who will then rely on their outer resources and team of people to come up with a viable solution. For him to say anything rushed or rush into any action would be a disservice to all of us and I think it was rushed decision-making which got us into this war and made a whole lot of people purchase items on credit that they know they couldn’t afford and purchases homes that they knew they wouldn’t be able to afford once that ARM went into affect in 2-5 years.

30.

POETIC BLUE

Monday, December 22, 2008 /

SIGH

Here you go again… you constantly have talked smack about Obama during the primaries about how he has a good chance of NOT winning… Palin being some kind of secret weapon. yadda yadda… the man won by a landslide… now AGAIN here we go with your negetivity… lol… give it a rest… you always complaining about something.. I’m just sayin… I dont know who you voted for.. dont really care.. but the man is in office now.. so GET OVER IT.

31.

YEAH

Monday, December 22, 2008 /

#19 I agree with you 100%.

32.

Ant$

Monday, December 22, 2008 /

what if it doesn’t get better while Obama is in office? will people vote for him then?

33.

Big M

Monday, December 22, 2008 /

Its amazing to me how people are so quick to say (in so many words) ‘aha, I knew he couldn’t deliver on his promises!’ Lets let the man officially get into office first people! If he were John McCain saying and doing all the same things, no one would part their lips with a comment. Give the Black man a break for goodness sakes! He does have to clean up eight years worth of Goofy’s/Bush’s mess.

If only people had been this vocal while Goofy/Bush was screwing up the U.S.

34.

OH PLEASE! (I still ♥ you Mccain)

Monday, December 22, 2008 /

@33..

Stop your arguement immediately! You’re talking straight nonsense! I NEVER Believed Obama would fulfill what his ass said he would do. It was all too good to be true, Stop trying to sit up there and defend him. IF McCain had said this, you would be saying the same thing but because it is Obama, it is okay. Hell no it is not okay!

You black broads just decided to hop on the bandwagon because every celebrity was, your neighbor was, PRACTICALLY EVERY BLACK HUMAN IN THE U.S WAS. Except for me and a few others. Obama says what you want to hear. McCain was warning us throughout the whole situation. But you guys want to believe Obama will have you living it up so you do that. But be prepared to be disappointed. Even the gays are upset with him now. I KNEW McCain would have been better. MY LORD!

35.

Katz

Monday, December 22, 2008 /

@ 35

How can u say McCain would have been better????? Barack Obama hasn’t even taken over yet. He hasn’t even had a full day to be the president yet !!!!!

36.

OH PLEASE! (I still ♥ you Mccain)

Monday, December 22, 2008 /

Not only that but you guys set such high expectations for Obama that you will definitely be disappointed with his outcome. And you know it.

What if nothing changes? What will you all say then?

What if things get even worse than this? What will you all say then?

I surely don’t know what you all would say but what I do know is that it will be some excuse. Stop trying to say now that he will no be able to conclude his missions because you don’t want us to come back and say “See, I knew he would screw us up”. Because while it was McCain Vs. Obama he was the Jesus of this century. But now all these excuses for him. Please, I don’t believe y’alls shit. Who do you all think you’re fooling? You’re all straight hippocrates.

BTW, If He effs this up, good luck to any other want to be black President living on this earth today. Because he would ruin all our chances. White People: “We gave the black man a chance and look what he does with it”.

I suggest you all try rituals for Obama, ’cause not even a prayer could save is downfall. SMH.

37.

sigh

Monday, December 22, 2008 /

LMFAO @ Poetry Blue..do you feel better now?

Look I’m not knocking Obama, I just want some sort of game plan for how he plans to jumpstart our economy, So far all I’ve heard from Obama is, creating more jobs, affordable healthcare, and solving the housing crisis. Don’t get me wrong, all these sound good in theory, but you’re gonna have to give me some type of strategy for how you plan on paying for these. Folks, let’s not forget, Obama has proposed many plans that will cost billions of dollars, wth today’s econmy and with his decision not to change Bush’s tax cuts, where does he think this money is going to come from?

This is has always been my issue with Obama, he talks a good game, tells us what we wanna hear but he does not have any concise plans for achieving those goals.
The article that I cut and pasted was a good example that Obama does not know what he is doing, when the reporter asked that question, his ultimate answer was that those decision was going to be up to economic advisors to figure out–dayum, why didn’t THEY run for the presidency. This was also the critism of both Mccain, Hillary, and Biden–they felt that Obama would need on-the-job training. And they were right! Remember, ready on day 1! This is why it was so important to elect someone that had a concise plan to acheiveing a strong economy.

Obama is about to take office in a month and he still has not even an idea of how to fix this mess. And just to be clear, I never thought that changing our economy would happen overnight, all I want is some type of strategy for how he is goin to achieve the goals that he promised during the election.

38.

sigh

Monday, December 22, 2008 /

@ 33

The reason why people are saying “aha,” as you put it, is because Obama set himself up for high standards, and then when he met w/ President Bush he got hit with a hard dose of reality, and now he’s trying backtrack on everything that he thought he could deliver. That is why he is now saying, “It is going to take years to fix our economy,” DUH! Going into this election we all knew that it would take years to completely fix our economy, that is why folks kept stressing to listen to both candidates, and that is also why Obama received so much critism, because he didnt have any plans!!! LOL..he told Joe the plumber he would redistribute the wealth, and reecently we found that to be inaccurate, Obama saw that that wasn’t possible, yet. So I’m also curious what the tax sitaution will be in 2011?

39.

Katz

Monday, December 22, 2008 /

OMG !!!!!!! people the man will be the president 1/20/2009. Until that date NOBODY knows ANYTHINKG about what he plans to do.
@ OHH PLESASE

If things get worse it won’t be an excuse for Obama…. it will be a reason. Just like ANY other president coming behind a bad president he has a job to do.
I see you are VERY ignorant as to think that America will judge other black candidates by Barack Obama’s actions. If that’s the case they would have judged Barack by Jesse Jackson actions.

McCain didn’t win. Barack did. Either sit back and enjoy the ride and do your part to help or get the f@#$ on (I’mm sure you can go to Iraq and live peacefully).
You had your say in the political process( when and if you voted). Your voice was heard and so was all of America’s and we said ” Barack Obama”. No matter if he is a liar, a theif, or a crack head we voted him in office by a landslide….. So let him do his job and shut the hell up!

40.

sigh

Monday, December 22, 2008 /

@ 29

You don’t think that someone that is running for office should have a plan? Please tell me your joking? What did you based your decision on when it came to electing a President? Obama, I’ll admit, said all the right things but he did not have a realistic goal for acheieving the goals he promised. I really don’t get the mindset of you all.
Obama has been running for President for almost 2years, I think you need a bettter excuse. Also, both Mccain, Hillary, and Biden had plans…so what was Obama’s excuse? Lack of experience was the problem. That’s why he’s set up his cabinet with intelligent, knowledgeable individuals that could help him make decisions for our economy. If we had elected the right person they wouldn’t need 3 or 6 months to figure out how to solve the problem.

41.

sigh

Monday, December 22, 2008 /

@ 39

LOL

42.

Hey hold that though

Monday, December 22, 2008 /

The questions the press is ask OBAMA now,,,,,, why!!! didn’t they ask BUSH, are was they enjoying the benfits from his labor (mmmm) did I say labor,,,, BUSH was in office for 8 year no one question him,,,,,, OBAMA got a long road ahead of him and a lot to clean up and repair,,, for the last 8 years a tidal wave hit the U.S. it left a lot of damage. NOW IT’S TIME FOR CLEAN UP.

43.

sowhat...1234567

Monday, December 22, 2008 /

@ Sigh,

Lets be honest here. If he were to produce a plan what would change? He already said that he was considering a stimulus package. I really don’t know exactly what you want. Are you expecting some blueprint? While your questions are sound, there’s absolutely nothing than can be said to please anybody. And why should he consider providing this blueprint to the American people? He ran this campaign through “hope and change” and nothing more. He’s going to work the American people with these same words because it worked.

What he’s telling us is what we are going to get. There isn’t much he can do except: bail out the auto industry, save those insurance companies while injecting money to save those bad mortgages and then consider creating jobs. The United States is going to have to take protectionist measures leaving the rest of the world completely in shit! Its really the only way. With that being said, he may even consider producing industries dedicated to green technology. He’s actually considering it:

“President-elect Barack Obama on Saturday signaled climate change and genetic research will be among his top priorities when he takes office as he named White House science and technology advisers.”
(http://news.yahoo.com/s/afp/20081220/wl_afp/uspoliticsobamascience_081220173617)

Its the market, nothing you do can assure complete stability and confidence. And regardless of the measure he may take, the economy won’t be back to the way it was any time soon.

Considering the stupidity of the American people, they would absorb this information and do absolutely nothing with it.

44.

sigh

Monday, December 22, 2008 /

@ 43

I agree, the American people are stupid.

It saddens me to see this mindset, but there is nothing that I can do or say at this point. So I guess, it is what it is.

45.

Soul Cookbook

Monday, December 22, 2008 /

Obama, O-schmama. Anyone sitting arounding waiting for “change” to come is going to be starvin’ , for real. Things are going to get worse once more companies layoff after this quarter and credit is becoming harder to get, even for people with good credit standing.

Learn how to grow food, live well below your means and diversify your savings (different banks, if possible, foreign banks and currencies).

I hope you like the one you’re wit because you’re going to have to be spending a lot of time together with little to no money to entertain you.

But seriously, stop looking to Obama for anything. He is a politician and he lied and schemed and double-talked like most of them do. He is not going to do anything but ensure his re-election FIRST. Then payback his cronies SECOND and make sure his family is OK THIRD. We, the people, are about 5 or 6 on his priority list.

46.

Seriously

Monday, December 22, 2008 /

That fine secret service brother standing next to the President-Elect can guard me ANYTIME. :) :) :)

47.

JUDAH

Monday, December 22, 2008 /

@Sigh

Good article sis. Thank you. I see that certain people are having a series of titty attacks based on your rationalism and logic, two attributes that normally don’t vibe well with the black community. I’m ready to wait and see how the things that he alleged he would do will metastasize based on what he’s told he can do and the resources he will have to do them. It’s not a matter of whether or not he will not be able to perform the things that he vowed. It’s a matter of how he will explain away his promises and to what degree his followers continue to believe in him. Any fool could see that he was talking a hot one about the economy and the war. You don’t just pull troops out of a region unless the investment has been secured and you don’t just turn around a spiraling economy without drastic measures. Pay cuts and spending minimization has no effect on saving money that doesn’t exist. The American dollar is finished because it has been overprinted and has no actual gold backing it. His only option will be to invade Pakistan and continue the war with Afghanistan. This is why the American media is demonizing Pakistan right now. America will OFFICIALLY invade that land eventually, conquer them, and force them to use the American dollar. The Pakistani rupee has been sliding on the world markets recently anyway. Once the U.S. army destroys the infrastructure of the country, the Pakistanis will be easy pickings. That is the so-called “democracy” that they have planned to “free” the Middle East.

48.

JUDAH

Monday, December 22, 2008 /

@Soul Cookbook

Agreed.

49.

algie

Monday, December 22, 2008 /

I KNOW GOD WILL LEAD OBAMA THE RIGHT WAY

50.

Katz

Monday, December 22, 2008 /

@45

Unless you are barack Obama under an alias you don;t know how his list is prioritized. Unless you are God or the next president of the United States ( Barack Obama ) you don’t know what it will take to get America back in line and if you did why in the hell didn’t you run for president if you had sooo much faith in your paln?
If yu feel all politicians lie then you probally didn’t cast a vote for the Nov 2008 elections….. And if you didn’t vote you don’t need to post about something that obviously means nothing to you. So why don’t you go and get a head start on entertaining your loved one and diversify your savings and let the rest of us have faith in the man we put in charge of this country

51.

Katz

Monday, December 22, 2008 /

Sorry that comment was for Judah

52.

bria

Monday, December 22, 2008 /

How dare these no good Congress vote themselves a raise. We are on the verge of a depression and these people want to vote themselves a raise. I say everyone should look their Congressman up and see if they voted yes to this and vote themselves a raise.

53.

bria

Monday, December 22, 2008 /

I meant and vote them out.

54.

jJUDAH

Monday, December 22, 2008 /

@49

He will, lol. You don’t know the half….

55.

Soul Cookbook

Monday, December 22, 2008 /

@ 50

I didn’t vote for John McCain.

Why do you assume that because I don’t think you’re saviour is perfect, I didn’t vote for him? This is what is wrong with black people Sorry, I am assuming you a re black because this is a black blog) and their Obama-projecting. Having “faith” in an individual is pointless. Hoping that he will do the impossible is also pointless. He cannot change the value of the dollar, he cannot create another industry to keep Russia and China at bay. He cannot help all of these low-skilled Americans get skills they need to compete globally. So what can he do besides shift some things around and hope it doesnt collapse until he is out of office. That’s what Bush did.

I fear for the way black people will act come January 20th. A lot of sitting and waiting and hoping and wishing.

56.

SIMMONS ROYALTY

Monday, December 22, 2008 /

I have obame in my prayers… wish him and his family nothing but the best!

57.

Katz

Monday, December 22, 2008 /

@ Soul cookbook

I agree with some of what you said. However you, Judah, and I Love McCain are all making predictions….. which at this point that’s all any of us can do. But you alls prediction is soooo negative and everyones elses is kinda in the middle because we don’t know ( just like you don’t). Im just saying give him a chance…… Sure your opinion matters and its just as valid as mine and everyone else(That’s America). The Bible tells us Faith is the substance of things hoped for and the evidence of things not seen.
We hoped for a leader to bring us out of hte moral and fanical distress we were/are in. The evidence of that faith is that he has lined up a “great” team to lead the nation into change. At the end of the day his campeign was about “The Audicity Of Hope”

58.

Katz

Monday, December 22, 2008 /

And by the way….. I am a gay, bi-racial ( Black and Latino mixed), male.

59.

JUDAH

Monday, December 22, 2008 /

@Katz

What comment was for me? The context of your comment was obviously built around what Soul Cookbook said. No disrespect to you duke, but if your a hom*sexual, it explains alot about your effeminate, asinine mentality. I have to expect you to be delusional enough to look at Barack Obama as a christ figure because you’re delusional enough to quote from the scriptures and be a sodomite, lol. What “great” team has he lined up? You don’t know the background of these people from a hole in the wall. You only know what is printed. I remember the post that showed his “economic team”, and all those people looked like they were crystal meth addicts. You can be the best shopper in the world, if you have no funds in your pocket, no items can be purchased. What always perplexes me with people that try to synchronize leaders of this world with the scriptures is that Christ gave us the signs of his Coming and he said through John to hate this world (Matt 24:4-8, I John 2:15). You cannot love Obama and then believe that he will be an agent to make this world “better” (whatever your subjective definition of “better” is ). He has gotten acclaim, fame, and power because he is dealing with Satan (Matt 4:8-10). Why do you think he was able to raise so much money? You think that he is the only idealistic politician?

61.

sigh

Monday, December 22, 2008 /

@ Judah

LOL!!!!

62.

sigh

Monday, December 22, 2008 /

@ Soul Cookbook

Cosign…excellent points

63.

Jhandi

Monday, December 22, 2008 /

Co-sign #6!

We will have to put Obama in office a second term to see progress.

64.

sigh

Monday, December 22, 2008 /

@ Katz

Why would you mention your sexual orientation? Are you trying to make some type of point?

65.

william gileso

Monday, December 22, 2008 /

Obama I hope you are the man to lead us out of this hell bush put us in. But 1 thing that everyone needs to look at is tv and the media. I can’t beleive we have shows on during this time like MTV cribs and sweet 16 millionare teenagers etc with no worries influencing the next group of young men and woman going into there 20’s who are going to get a depression state of mind soon as the real world says hello . . Pefect exampe is the pastry simmons sisters no knock to them but if there father was not who he is that idea would have got torched the second they displayed it. We have this on tv and right on the next channel good hard working men and woman losing there lives and shirts off the back because of greed.

66.

get_me_bodied

Monday, December 22, 2008 /

ON THE REAL, I NEVER BELIEVED ANYTHING OBAMA SAID AND I STILL DONT. BUT I WILL STILL SUPPORT HIM BECAUSE HE IS OUR LEADER, PROUD OF IT, AND MAYBE HE CAN EVEN CHANGE MY MIND. THEY BEEN KNEW ABOUT THE WHOLE BLEGOJOVICH SCHEME WHILE HE WAS RUNNING, BUT WANTED TO KEEP IT HUSH SO THAT IT WOULDNT AFFECT OBAMA’S NUMBERS. THATS NOT RIGHT. HE IS GONNA NEED ALOT OF PRAYER AND DIRECTION FROM THE LORD. ITS SOMETHING ALMOST SCARY ABOUT HIM TO ME, I CANT QUITE PUT MY FINGER ON IT. I JUST HOPE THAT HE WONT BE CROOKED IN THE WHITE HOUSE LIKE THOSE FELLOW PEERS OF HIS.

JUDAH…..EMAIL ME: CANDYGYRL504@YAHOO.COM

67.

get_me_bodied

Monday, December 22, 2008 /

AND YES, THAT DARK, SEXY CHOCOALATE MAN NEXT TO OBAMA IS FWINE!

68.

nish-nish

Monday, December 22, 2008 /

For those who are so against Barack and his supporters, you’re just as bad as those you perceive to see him as a savior, though I have yet to see that phrase uttered by anyone on this board but his naysayers. You’re judging what you believe he will or will not do just as his supporters are. The fact that so many of you have to resort to insults about others sexuality, gender, race and bring religion into a discussion where there’s no need, shows that any reasonable discussion on the issue would be impossible. That exact attitude of demeaning those who have opinions different than your own is one of the main reasons that the conservatives lost this election. Whether or not Barack and his team can produce results is something to be seen. Everything that we say at this point in time is merely speculation. When asked during the townhall format presidential debate what his priorities were in terms of his campaign promises and whether or not he thought he could follow through on them immediately if he were to enter the White House, Barack said the economy would come first and everything else would be dependent on that. McCain stated that he didn’t think there was any reason for him to delay any of his campaign promises, which looking back we would know would be impossible for him to follow through on. Politicians make promises, they backtrack and yes, they lie. It’s a fact, get over it. Conservatives, you lost the election. It’s a fact, get over it.

69.

yomama

Monday, December 22, 2008 /

haha i thought that was a pic of obama with eddie murphy

70.

HOTMOMMA001

Monday, December 22, 2008 /

We haven’t been in such dire straits since Reagan! Man, this entire economy crisis is just going to get worse before it gets better. And, Obama will not be able to correct the mismanagement of Dubyah in a short 4 year term. Heck, I don’t think he could recover the economy if he had Bill Clinton, Al Gore or any other prior Democratic candidate to date.

This fix will take some time and longer than a lot of these BIG corporations have! We’ll have to be the boat that partially sinks before the rescue crew comes in to save us all! We’ll just have to have FAITH because right now, that’s all we got!

71.

Toons

Monday, December 22, 2008 /

I think this whole “recession/depression” was staged. Our government has done it before, dont put it past the illuminati, excuse me…the Republicans to do it again. They’re trying to push in the NWO. Sorry to burst everyone’s bubble but Barack is just a puppet. And this economic crises is just another step in their master plan. Watch.

72.

Luvbug

Tuesday, December 23, 2008 /

Why is everyone so surprised the way the economy is going? Bible tells u the richest nation on earth shall crumble. I knew it was the end when Bush was nominated a second term and most of the whities that put him there r feeling the consequences now,lol. It’s sad but true, I’m glad the whities r feeling the effect way more than other races, now they know how it feel to be without. How it feels to be judged by what u have or don’t have, where u live or the color of ur skin. They are the ones with all the creditcards any dayum way and those of us of color that have cards don’t get much on them. My friend was telling me how when the white folks come into Home Depot they get approved anywhere from $3000 to $25,000, blacks/hispanics lucky if they get approved for $500.

73.

Raphael

Tuesday, December 23, 2008 /

Barack know he’s cool with me. I got faith.
http://shopvanillasherbet.com/blog/

74.

myopia

Tuesday, December 23, 2008 /

“It will get worse before it gets better”

That’s not encouraging but it is what it is. I am happy that Obama will be our next president but it would be an understatement to say the man has a lot of work to do.

Most of it would be picking up Bush’s slack. Everyone keeps talking about a smooth transition. How can that be when Bush HAS NOT been for the people for the past eight years. Now it is up to Obama to really engage in the American people and give us a since of hope.

Bush should have closed Guatanamo Bay.

Bush should have stopped this frivolous war.

Bush should have been for ALL people and not just the rich.

Bush should not have been President PERIOD!

75.

myopia

Tuesday, December 23, 2008 /

@ OH PLEASE!

You need to calm down. Who said Obama was a savior? We are all aware the man can’t walk on water Thank You!

Obama won this election in a landslide because the people got up off their a$$$$ and went to the poles because they really did want a change in leadership. I’m sorry to burst your bubble but McLame McCain is just another Bush clone. The real funny thing about it is he tried to distance himself from Bush on the campaign trail. WHY? Because Bush is so damn unpopular with the lowest job approval rating of any other president. And look. He still didn’t get nominated.

Anyone with even a slight drop of intelligence knows that Obama will not have some quick fix strategy. He is well aware it takes time and patience to get this country back to where it needs to be and with the support of the American people it will happen.

And on that note. I would like to wish you and all the other bitter people (Judah you too) here a very Merry Christmas and Happy New Year.

76.

myopia

Tuesday, December 23, 2008 /

@ Soul Cookbook

Why should I not look to Obama for anything? This is why I voted for him! If he does not live up to his words than I will hold him accountable. That is when I vote against him.

So you can save all that he’s just another politician crap. And how very nice of you to prioritize someone else’s life and tell other’s what they SHOULD do.

You probably eat at McDonald’s living in designer clothes with 3 pennies in your bank account.

77.

J.DASH

Tuesday, December 23, 2008 /

“things will get worse before they get better”
ohh boy. NY gov. david patterson said the same exact thing, and now we are seeing huge budget cuts/tuition increases for the state universities…

please obama, we know the economy is hard, but PLEASE dont make huge cuts for funding education. as much as i like and respect obama, we have to make sure we stay on his case about education…its seriously deteriorating, its a crying shame

78.

MY2Cents

Tuesday, December 23, 2008 /

@76 You said you will hold Barrack accountable if he doesn’t live up to his promises. What sense does that make? You are the one who is held accountable not him. You made the decision to help him get the presidency not the other way around. That’s just like if a child gets into some kind of trouble. Even though the child made the decision to do whatever he did, the parents are still held accountable for the child’s actions. It’s funny how some on here use God and Barrack in the same sentence. Where clearly in “God’s Word” the Bible at Daniel 2:44 tells us what is the outcome for the governments of this world will be. SMH. It’s quite amusing for politicians to use God as a platform.

79.

myopia

Tuesday, December 23, 2008 /

@#78

If you would have read the entire comment you would see it makes perfect sense.

Barack Obama said he would turn around the economy. He would push for better education. He would not mandate healthcare for everyone like Hillary would have. I believe he would for children only.

If Obama does not do any of these things then I will hold him accountable. HOW? By my vote going to the other candidate on election day in 2012. Simple enough?

I decided to make him president because he FIRST made me promises. So this is why he would be held accountable and not me.

Who are you talking to about God and Barack? You’re confusing me with your comment. You start off by addressing something that I said and then you’re off talking about other people’s comments about God and quoting scripture yourself.

Now look. You can’t have this both ways.

80.

MY2Cents

Tuesday, December 23, 2008 /

First off like you said the first half was address to you, the second was in general to the comments I keep hearing about Barrack and God. Clearly in my post I said how some others make those comments, nowhere did I say that you did . Second I cited a scripture not quote one there’s a difference. Third I did read the entire comment and still stand by what I say. You gave Obama the power not himself. Okay let’s just say he is in a war that uses nuclear warfare on a third world country and kills hundreds of millions of people ( in no way am I saying that he would do such a terrible thing, just trying to make a point). These hundreds of millions are innocent men, women, and children. You’re telling me, that you won’t feel no responsibilty for that? I mean if it wasn’t for you and those who voted for him that would never have happened. What if the economy gets even worse even after he leaves the oval office? You’re telling me that you won’t feel at least a little bit responsible for it?

Don’t you see a pattern with politicians? They always tell you what you want to here make promise that are said by any other person would sound outlandish, but when said by them, it seems possible. Then once they have the power, all of sudden they have a sudden case of amensia or have some excuse as to why they can’t hold up to all their promises. Look I’m not here to argue. But I stand about what I said.

81.

I'm gonna be nice for the holiday

Tuesday, December 23, 2008 /

Obama is Gay

82.

IT MAKES ME WANNA HOLLER

Tuesday, December 23, 2008 /

thats correct you need to be straight up w/ the folks now. i predict by march the bottom is going to fall out of this mess. the stimulus pkg , that is being purposed scares the s### out of me. because like this bailout money only the few at the top rung of the ladder will see the benefits. for instance take the unions and the infrastructure jobs that a stimulus pkg would create. as the president-elect would say ‘LOOK’ . i know from exp that the people and these labor unions don’t hire african americans. and being close to the home state of illinois i know for a fact that local union 838 in rock is,ill these unions don’t hire [black] people, civil construction company out of moline ill don’t either. look and you will see that they don’t hire blacks either.they get sub-contractors to hire the lateeno’s the illegals for all of the work to be done on bridges, roads and fed projects hiding behind the code word skill labor. this will not trickle down to poor folks i guarntee it. only the well off on the good ol boy network will reap these benefits of this massive stimulus pkg. or as i should put it BUSSINESS AS USUAL. i can see the SHARKS and the snakes now thier mouth is running water to get some of the free unacconted for GOV’T money. like that bailout money that people won’t find out where its really going . and that out the front door and right back throgh the back.’it just makes me want to holler’. cause baby HSITORY IS A DAMN GOOD TEACHER. one more thing why is it that they got african immigrants up in minnepolis minn that are engineers and that have MASTERS DEGREES driving cabs for a living up their in the city? WHY; cause the “folks” WON’T HIRE THEM . you can’t make this shit up. it just makes me wanna holler.

83.

jJUDAH

Tuesday, December 23, 2008 /

@Myopia

All candidates distanced themselves from George Bush because he was the Judas Goat, and an excellent one at that. He did not give a damn how he was perceived, which made him the perfect administrative assistant for the international bankers. That is all any “president” is, so if you think that Obama will do anything different from what Bush would do if he were to retain the position, or McCain would have done if he would’ve gotten (s)elected, I have a bridge to sell you. Any president that deviates from the overall plan will get assassinated. By the way; I’m not a political scientist, but I think McCain was “nominated”, he just wasn’t (s)elected.

Anyone who has any intelligence knows that not only will Obama not have a “quick fix strategy”, he will not have any strategy. This is why he was brought into the position of president of this corporation known as America. The elite want all hands on deck when America hits it’s roughest time since it’s inception, so a black president is necessary to get the “minorities” to help the white man retain his control over the earth. If another “Bush clone” were allowed in office, it would polarize America like never before and blacks would actually have to turn to each other as the tumult starts. The white man literally cannot afford that. Now as we see it three dimensionally, black people have never been more “patriotic” than they are now. Blacks and hispanics are the lynchpin of this society and have always been the biggest consumers. The real “hope” that Obama represents is for the white community, that they will be able to maintain the facade of America as a place of liberty and equality until all hell finally breaks loose.

I don’t celebrate “Christmas” because it is worship of the sun, but thanks for the good wishes anyway, lol.

84.

jJUDAH

Tuesday, December 23, 2008 /

@Be Nice For the Holidays

Sssshhhhhh….that’s a secret.

85.

Obama=Change?

Tuesday, December 23, 2008 /

Is that you Judah or a typo?

86.

JUDAH

Tuesday, December 23, 2008 /

@Obama=Change

Yeah, that was me.

87.

Obama=Change?

Tuesday, December 23, 2008 /

Oh okay, I hate imposters. LOL!!

88.

????

Tuesday, December 23, 2008 /

@ Judah I thought I was the only one around here who knew the truth about X-Mas.
I’m glad to know that know some other than me isn’t blinded by it paganism.

89.

JUDAH

Tuesday, December 23, 2008 /

@?????

Alot of it is just common sense, but most people don’t have that, which makes them inclined to be followers. There’s no way that Christ was born on December 25th but facts don’t matter to 99.9% of people so they’ll justify it by saying, “Well, it’s a season for giving and we celebrate in the spirit of Christ……yada, yada, yada”, knowing that they could care less about Christ.

90.

Toons

Tuesday, December 23, 2008 /

@ JJUDAH, you speak the truth man. Not too many people here understand what you are talking about because everyone is blinded and hypnotized by this great and wonderful country they term America, and it’s not really their fault but the elite who control everything in the world down to what you think. I would however stop the name calling, its a bit childish and people close up and become aggressive instead of listening to some of the truthfull things u have to say.

Kennedy was killed because he signed Executive Order No. 11110 which would’ve basically put the federal reserve bank out of business by allowing the government to repay it’s debt without having to go to the Federal Reserve and gain interest when creating new money. He was an example of what would happen if a president ever tried to go against the banks by taking away the Federal Reserve’s power from creating money with interest intern lessening the country’s debt. Note how no other president has ever used that executive order even though it is still valid and has never been repealed. Makes you think.

We need to wake up to the truth of this country and stop buying all the nonsense they feed us through the media, tv ,movies, newspapers…etc. It would make a lot of you sick to your stomach if you knew the evil masonic foundations upon which this country was built and their goal of having a one world government in which they have complete and total control over everyone and everything. “Liberty and Justice for All” is ALL a facade. We are all modern day slaves to the elite in the form of being dependant on our government and the banks with the debt we all have.

Like I said before, this country is trying to move us towards the ‘New World Order’ that is inscribed in Latin on our great and mighty dollar bill under the demonic pyramid. Wake up people!

91.

Toons

Tuesday, December 23, 2008 /

BTW the US has already started bombing Pakistan. You just wont hear of it on regular “news” outlets like CNN or MSNBC and of course FOX. Ask yourself why that’s not being televised. Isn’t that news?

92.

myopia

Tuesday, December 23, 2008 /

You all need to go somewhere with all this self-righteous garbage.

No one wants to hear that crap. Right now it’s all about basic survival. People are losing their jobs by the hour every day.

93.

Greta

Tuesday, December 23, 2008 /

Im happy that he is our leader not only because he is black but change was needed

94.

myopia

Wednesday, December 24, 2008 /

@#94

Amen.

95.

myopia

Wednesday, December 24, 2008 /

Judah

John McCain was nominated as the Republican Candidate for the presidency. He won the majority of those votes yes.

Barack Obama was nominated the Democrat Candidate for the presidency and was eventually nominated as the next president of the United States.

96.

JUDAH

Wednesday, December 24, 2008 /

@Toons

I don’t call people names. I respond to how they come at me. As for the “One World Government”, there already is a one world government and has been since the League of Nations. I’m not a conspiracy theorist brotha/sis, I’m a realist based on research and the things that the Lord shows me in the spirit. The masses of the people will not “wake up”, as you say you want them to, because they have that spiritual mark of the beast on them. The only way to be “saved” from what is to come is to have the proper understanding of the Most High’s Word. That is the strait gate. Like you said, the governements of the world are themselves governed by different occultic organizations so there’s not a damn thing that people can do against it carnally. Look at people like “Myopia”, lol. Do they really deserve to be saved form what’s to come? The Lord is making a distinction between his chosen and those to be cast to the wayside. Many of these people hate the Most High and His Word, which is the spiritual mark of the beast. When they roll out that RFID chip, that is the physical mark spoken of in Revelation 13:16. In the Greek; the word for “mark” used in Rev 13:16 is “karagma”, if I remember correctly, which translates into an “imprint underneath the skin, or an incision”.

97.

myopia

Wednesday, December 24, 2008 /

@#80

I know you can’t stand him but could you at least spell the man’s name right.

Whether it was a quote or scripture, it doesn’t matter. The point is that you said people here are always putting God in with Barack and then you had the nerve to Bible thump all in the same sentence.

Judging from your comments and your responses to my comments leads me to believe that your views are moronic.

If there was warfare and millions of people died. How can I be held responsible for that? Just because I did my civic duty and voted? So all the people who voted for Bush should be held accountable for the hundreds of people who have died in this war we’re in now?

There were people who fought and died for my right to vote and I exercise that right every chance I get. A voter should never be held accountable for the actions of a politician who makes promises and doesn’t live up to his word. We’re suppose to hold them accountable. That’s what they’re their for……For the service of the people. Damn right I hold him responsible.

You say politicans would tell you what they want to hear and once they have the power they don’t deliver. Well, Obama doesn’t have the power because he hasn’t even officially taken office yet. See what the man does first before you past judgment and lump him in with all the other politicians.

So the answer to your hypothetical scenarios are all NO! NO, I will not be held responsible.

98.

myopia

Wednesday, December 24, 2008 /

@#80

When I made that comment about the people voting for Bush, I’m talking BEFORE Septmeber 11, 2001. When they had no idea there was going to be a war and their vote already counted.

Are you still going to say they should be responsible for those casualities becuase they voted for him?

99.

myopia

Wednesday, December 24, 2008 /

I apologize for the double posting (#91 & #98) I was having a problem with my cookies and thought my original post was somehow deleted since it says awaiting moderation.

100.

My2cents

Wednesday, December 24, 2008 /

@Myopia Once again you again your not understanding a word that I said. First off why call my views moronic, nowhere did I call your views moronic or irrevelant. Second I don’t hate the man at all, I’m just not jumping up down about a new President that happens to be black. I thought I spell his name wrong but wasn’t sure so I left it and hope you wouldn’t notice. LOL!!!!

In my previous post I said:

“It’s funny how some on here use God and Barrack in the same sentence. Where clearly in “God’s Word” the Bible at Daniel 2:44 tells us what is the outcome for the governments of this world will be. SMH.”
Maybe I need to explain what I meant by that. What I was trying to say is that it’s funny how people will say how God is backing Barack and using him to lead us to a better future where In the Bible God’s Word clearly shows differently. Now do you see what I’m saying? If not then I give up. LOL!!! Moving on.

Look I’m not tell you not to vote. By all means do so. All I’m saying you shouldn’t complain about any of the screw ups your candidate makes when you’re the one who gave him the power. I’m not saying your all to blame. But you hold some responsibility.

101.

dukesman2000

Wednesday, December 24, 2008 /

To all those people who are saying Obama is backtracking on his promises. Obama has not backtracked on any of his promises. He stated durig his campaign that he will be truthful with the American people. He wasn’t going to paint a picture of properity when the economy is going to hell with gasoline drawers on. Wasn’t it McCain’s chief economic strategist who said that we a bunch of whiners and that the economy is not as bad as experts say it is? Only to find out that we have been in a recession for more than a year. If that’s wasn’t an attempt to pull the wool over our eyes, I do not know what is. It was Obama and his team who were constantly telling us to brace for shock, because this crisis will get worse before it gets better.

And it is also obvious that you guys i.e. SIGH and Judas, have never held a leadership post in your lives. There are many aspects to leadership and one of them is flexibility - being open to change and new information. Adapts behavior and work methods in response to new information, changing conditions, or unexpected obstacles. Adjusts rapidly to new situations warranting attention and resolution. It is the frigidness of the Bush Administratio and the inability to change, that has caused the death of 4000 plus lives lost in Iraq; that has caused us to be in this dire economic state.

102.

steupz

Wednesday, December 24, 2008 /

Why the patience for change?
Obama seemed to have the answers to everyone’s problems save for too much powder on ghetto girls’ chests.

Why would it take years? That’s what I’d like to know?

103.

JUDAH

Wednesday, December 24, 2008 /

@Dukesman

Lol, so you mean to tell me that Obama is “adapting” his plans and promises and not backtracking? To say that would mean that, as you noted, the conditions would have starkly changed to make him realize that his original program was not feasible. What has changed since he and McCain originally debated on the issue of the economic collapse that would cause him to almost totally scrap what he initially put forth? You constantly bring up McCain, as if he is some sort of contrast to Obama, smh. He was the foil to the prince of peace; nothing more, nothing less. The only way that one can claim that Bush is to blame for your alleged 4,000 deaths (because the deaths of the Afghanis and Iraqis do not count I guess), which is why I called him the Judas Goat before, you must then prove that the U.S. had no reason to invade Afghanistan. Thusly, your only pretext for this would be that the event known as 9/11 was a hoax. I’m sure that you don’t believe that. If I’m wrong, and you do believe that it was a hoax, please correct me. It should be readily apparent by now that Osama Bin Laden is a fictional entity, a phantom, and an agent put forth by the European media to scare the whites (and other races that embrace Eurocentricity) into accepting the destruction of the Middle East at any and all costs. As far as “leadership” is concerned; the topic has nothing to do with “leadership”, so that’s a strawman argument, lol. Barack Obama is not a leader. He is a figurehead, which is something that is above your level of comprehension.

@STEUPZ

In my opinion, Obama’s “plan” must take years to come to fruition because it’s necessary for a figurehead to put off actually confronting the issues that he claimed he could confront. Their is always the chance that he will fail and be exposed as a fraud.

104.

dukesman2000

Wednesday, December 24, 2008 /

@Steupz…

You asked a question and I honestly believe you really do not know. In other words, I do not think you are being sarcastic, so I will tell you. As the saying goes, Rome was not built in a day. Even God Himself took six days to create the earth and everything in it. By no means am I comparing God to Barack or Barack to God, that would be extreme blasphemy, but I am just pointing out to you that things do take time. Obama’s start date is January 20th, at least give him time to swear in…lol. Hey just remember that the only safe ship in a storm is leadership. Obama has demonstrated this leadership, in his already transparency of the economic state. He has already indicated that he is willing to do every and anything to help us through this crisis. There are a million and one things that need to be done to get this economy rolling again and I really do not have the time to sit down and go through them now. However, the most important of them all, is to rejuvenate consumer confidence to start spending again. The exchange of money is the fuel that drives any economy. Printing money is a no no because it causes hyper inflation and devalues the existing currency. I work in the hedge fund industry and I made most of my money through investing. Since this crisis, I taken approximately 40% casualties and have since then withdrawn all my investment from the market. Why because the my confidence is shot. I am not at all motivated to start investing again until I see signs of an upswing in the market trend. But it is a catch 22. Most people are thinking like me but there won’t be any positive movement marketwise until we start investing. This is where the confidence comes in. Once Obama takes office, the financial institutions will start giving credits again and you will see a significance bounce in the economy. Now this does not men that everything will be peaches and creme, because the remnants of unemployment and foreclosures will still be out there. So these issues will have to be addressed on a different level.

Now this is in layman’s term what we are facing and I believe things will get better. However in the mean time, hold on to your job, be a little frugal and ride the wave. To use a nautical reference here: do not worry about the wind, just adjust your sails.

105.

dukesman2000

Wednesday, December 24, 2008 /

@ Judas,

I just answered your questions but my comment is in moderation. Hopefully you will see it

106.

dukesman2000

Wednesday, December 24, 2008 /

@Judah….This crisis that we face is one that is dynamic. It changes everyday. So for you to say that nothing changed since Obama and McCain debated the topic of the economy, is simply not true. For one, the unemployment rate was not as high in October as it is now. If you were paying attention you would have seen that for the month of November alone, 530,000 jobs were lost. If that is not a “stark” change, I do not know what is. I will not engage in your “propaganda ministry” about 9/11. The fact of the matter is, 9/11 was real. The US was in bed with Osama Bin Laden and now we have seen the ugly offspring that union has produced. The first contact with Bin Laden was in 1979, when the new graduate from the Univ. of Jedah got in touch with the U.S. embassy in Ankara, Turkey. With the help of the CIA and the U.S. Armed Forces intelligence services he began to organize in the early 1980’s and network to raise money and to recruit fighters for the Afghan Mujahidins that were fighting the Soviets. He did this from the city of Peshawar in Pakistan, bordering Afghanistan. Part of these activities were financed with the production and sale of morphine, the base of heroin. This was the beginning of today’s Al Qaida (the base) network led by Bin Laden. Indeed the chickens are coming home to roost for the U.S. In all, the United States funnelled more than $ 2 billion in guns and money to the Mujaheddin during the 1980s. It was the largest covert action program since World War II. President Clinton had the chance of eliminating Osama during his administration but because he was a “polls president” (which means that he governed by polls; he did not want to lose ratngs amongst the American people) When Bill Clinton sent troops after Osama, he was being criticized here at home. The American people and pundits alike were saying he was trying to divert attention from the Monica Lewinski scandal by bombing Afghanistan and he succumbed to the criticism and withdrew. As a result, this embolden Osama to plan 9/11. Judas, there are a lot of things you do not know and I will not expound on these facts over the Internet. I do not want violate the terms of my security clearance and have these people haul me off the Brig.

A figurehead is a person who holds an important title or office yet executes little actual power. Going by that definition, Bush is/was a figurehead and Obama is a leader. Obviously you do not know the difference.

108.

My2cents

Thursday, December 25, 2008 /

Why do people bring up the war and only won’t to tally up the deaths of the American soldiers? That really bugs me. What about all the innocent civilians that were killed in this war?

109.

steupz

Saturday, December 27, 2008 /

Dukesman, I appreciate the response; and if I were to condense it to reply I’d say you’re saying Obama will restore confidence through leadership in the short run and action in the medium term.

But, you never really dealt with the medium-term solutions.

‘Rome wasn’t built in a day rings more like an excuse than an idiom in my opinion. You see, I recall Obama saying -before the debate- that this crisis was the worst since the Depression; then he casually observed he could multi-task by doing a single task (preparing for the debate)

So, I am often left confused by Obama.
He was then summoned by the President, whom he described as “dangerous” and supported his idea to dope the economy with a bailout; an idea that’s failed thus far. In fact, it’s failed, end of.

So, given that, and his seeming illiteracy on the economy and markets (remember he is a constitutional law scholar)… what makes you think he can
1) restore confidence
2) innovate to spur the economy back to normalcy

Seems you’re still sipping the si se puede.

Unless and until Obama rejects everything, everything he’s said before, I doubt he’ll achieve what he’s promised.
Cause (idiom approaching) ‘at the end of the day’ it’s business and innovation that run the economy, not speculators and slogans.

110.

dukesman2000

Sunday, December 28, 2008 /

@Steup,

Judging from your response, I can tell that you are not a supporter of Obama; hence you are blinded by you biases towards him and his policies. If you think Obama is not capable of handling this crisis, can you tell who beleive can right this problem? I am curious. I am not naive to think I will change your mind towards Obama in a few paragraphs; that would be like chasing the horizon. You said that I have not outlined the “medium-solution.” You are right what I have outlined in my previous post to you was a long term solution. What we’re facing here is a crisis of immense proportion; one that this country hasn’t seen since 1932, so there are no short-term or medium-term solutions to this unprecedented problem. The fact of the matter is the only solution to this matter are you and me – consumers. Consumer spending makes up 70 percent of the total U.S. economy, so when Americans stop buying, the whole economy shudders. That’s why so many government officials hope consumers shop like they mean it during the holiday season.

To be honest, I am not a fan of the bailout, because I believe if you run a company on antiquated business models and ignore the changes in market conditions, failure is inevitable. And that is exactly what we see is happening with the Big 3. That is the realities of a free enterprise economy. Also, I do not believe the government should decide which industry wins or loses. However, with that being said, the bailout is just a small fix to this economic crisis. It is like putting a bandage over an amputation. The government has to find a way to get people back to work, rejuvenate people’s confidence to take their money from under their mattresses go out and start spending and investing in our future which will ultimately get this economy going again. The sad thing about this crisis is that people, including you, take our putrid state for granted. I don’t know what it is; maybe it is because you guys still have jobs so you are somewhat staying above water; doesn’t work or does not have huge responsibilities i.e. a mortgage, or family to support. But if this economy is not righted, sooner rather than later you will find this problem at your door steps and then and only then, you will realize the importance getting this thing right. Maybe some people just do not have a care in the world so they couldn’t careless if the economy’s bottom falls completely out or not. You know the saying if you sleep on the floor you cannot fall off the bed.

111.

the floacist

Thursday, January 1, 2009 /

I also hope everyone acknowledges that they have to have patience when this new administration comes into office. He has a lot on his plate.