Having been a political observer for a very long time this is nothing new.
POllies make brave new promise but when they are actually in place discover
it just isn't that easy. You cant judge obama by broken promise as there wil
be plenty - there always is. Id rather see only 50% of his promises
fulfilled than 100% of a lesser man. Compromise is a tough game to play and
how you play it really speaks to your integrity. Obama is going to have to
compromise some of his promises and some of his ideals. Every leader in
difficult times has to. What wil be most important is which ones. Bush (if
he had any principles in the first place) sold them all for temporary safety
and expediency and look how well that worked!

The stimulus package as I understand it is is a massive risk and compromise.
'screw the future or screw today' somewhere in the middle is the hope that
we can stave off disaster but not make our children suffer as a result.

There are many days I love living in Australia - land of no govt debt,
surplus budget, low unemployment and good prospects. In fact, the only
economic difficulties we face are ones you people exported overseas. (thanks
by the way!)

I wish obama and America the best of luck. It's an ugly time and could still
go either way. 'worst financial crisis since the depression' can stil become
'worst financial crisis ever'.

Who'd want to be President in this day and age?

-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of Bob Calco
Sent: Saturday, 31 January 2009 7:36 AM
To: 'ProFox Email List'
Subject: RE: [OT] Obama Gives Keynes His First Real-World Test

> Well what is he so wrong about or right about?

Is this the moral clarity of a modern American Eucharistic minister?

Did you read the article?? Did you read about the guy's character, his
prejudices and his beliefs?

Which of them on any level is worth the Obamessiah, so to speak,
resurrecting? Question isn't just for you Stephen but anyone on this list
who thinks Obama's plan makes any sense at all.

> The Fed had already robbed the cradle long ago, so they were unable to
> effect any change with a change in their rate.
> 
> So if the Fed can't do it and the general public goes into hunker down
> mode that is the root problem we have now, who else but the Government
> making job opportunity all over the place?  I mean the rich have
> pulled a good deal of their money out of most investments, and are
> waiting on something to feel safe about right?

I consider you a friend and an ally in spiritual matters (doctrine is
another issue). But seriously---are you thinking through the things you're
saying, or just kind of blurting out whatever surfaces to the top of your
stream-of-consciousness?

Gosh I feel like Ed right now. How creepy is that?

> 
> I agree that the spending of Americans was way out of control.

So the new bill, over a trillion, possibly two, when you factor interest on
the debt, which consists of at most 12% stimulative funding, of which only
25% of that is going to be spent this year---with 30% pure unadulterated
pork-barrel spending getting pumped into every pet project of every democrat
congressmen across the fruited plain immediately---this is somehow the
answer???

> 
> Now we have the flip side, if I don't need it I won't think about it.
> Goes to cars getting repaired now instead of brought in as a trade.
> Or bringing in the appliance repairman to fix that shake from the
> dryer/dishwasher that is making that noise instead of getting new
> ones.
> 
> So all those people who made those products are in the cold or will be
> in a matter of time.  :(
> 
> If the Government can create a building project that rebuilds
> infrastructure, say we fix all those bridges that are about to fall,
> or install light rail and bicycle lanes over cites that have none of
> them?  That could get people back to work who will in turn go back to
> the stores to buy other goods and services.

No, what stimulates the economy is private sector investment in new products
and services, not temporary construction jobs or government give-aways to
crack heads, and knocked up teenagers, and a whole generation of
professional mendicants trained in the art of legal tightrope walking and
lobbying.

The government running everything is not 'economy' it's dictatorship.

Which reminds me, Obama's already broken several promises without batting an
eye---i.e., not to sign bills with pork barrel spending attached, not to
higher lobbyists in his administration, not to do anything the way Bush did
it, to hire only the most ethical, squeaky-clean people. If we're going to
say, "Ah, they all do it, what's the big deal?" then don't give me that load
of crap about him being something special, different, a real change.

I don't know what to say. Pete's gone socialist, you've lost your mind on
economics (and possibly your moral compass, if you really don't see anything
suspect in Keynes philosophical outlook), and people are just licking their
lips at the prospect of raping our grandchildren's children of their future
as well in exchange for political payback and feel-good
gosh-isn't-it-great-to-have-a-hip-black-president obamanomics today.

It's just wrong, the whole thing, and several generations of Americans will
regret it. If you think we're already at that point, what logic is there in
doubling up on the insanity?

"It was a nice republic, while it lasted." That's my new tagline.

Looking for a new planet to call home. This one has gone mad.

- Bob

> 
> 
> 
> --
> Stephen Russell
> Sr. Production Systems Programmer
> First Horizon Bank
> Memphis TN
> 
> 901.246-0159



[excessive quoting removed by server]

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