WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
BD
Awhile back, I listened to an interview Bill Clinton was giving, and the interviewer was addressing the state of the economy, and wondering if it was a terrible time for anyone to become president, and B. Clinton sort of smile, and argued that really, this is a GREAT time to be president, because the country really NEEDS someone dedicated at the helm of this nation right now.
He didn't deny there was a mess -- I don't see why Obama should, either. It's a pretty commonly used phrase, isn't it? Bill Clinton "inherited" a republican congress. GWB "inherited" the state of the national deficit B. Clinton "left" him. (oh, WELL....)
Maybe Obama embraces the challenge before him. I hope/suspect he does. I'm happy he at least is willing to tap into whomever he thinks can best right this ship, regardless of party lines. He DID inherit a "mess" BD, and really, I don't think it was so apparent when he began his presidential campaign. John McCain announced -- what, just a week before the stock market crash? -- that the state of the American economy was "fundamentally strong" so it would sure seems he wasn't aware of the pending crash.
Seems to me, when you say Obama "pursued this mess like a rabid fox" then in fairness, you'd need to say the same of H. Clinton, John McCain, and a host of others who also ran for president in 2008. If, that is, that is the characterization with which you're most comfortable...
In my opinion the rosy rhetoric that got him into the office must stop. <BD?
Why?
I suppose we could always bring Shrub back, and kick the "fear factor" up a notch... I dunno. I think I'd rather hear hopeful and positive rhetoric than fearful, fear INDUCING and negative. Would you be more happy if Obama were more a paranoid and fear monger like shrub? Do we really want/need a president right now, like Hoover, who said: "Geez. We're really screwed, and there ain't no way out of it. Bend over and kiss your sweet farm and fanny goodbye," or are we better served by someone more like the guy who REPLACED Hoover, and said: "the only thing we have to fear, is fear its self"?
I think it's almost a president's job to restore faith, and hope. Lord knows FDR did it with his fireside chats -- he inspired citizens to begin planting victory gardens, and find new ways of doing things that would set aright the floundering economy. He didn't crawl in a hole, and pull the dirt over him, he instituted things like the WPA, and Social Security. He was robust, and positive, and projected that, and lead this nation out of despair and into a country once again healthy, despite a terrible war and the "great" depression.
PS: "This mess we've inherited" is "rosy rhetoric?"
--------------------------------
It is NOT a good time to invest in the unknown. <BD?
Seems to me the first rule about buy stock has always first and foremost been don't spend the money if you can't afford to lose it. That would seem to apply now, just as before, I'd think.
That said, stock is at a low right now, so a lot of it can be picked up fairly cheaply, and too, isn't one of the prime things we need to do to deter further global economic plummeting is turn around the stock market situation, and rebuild confidence in it? I'm no economist, to be sure, and will admit what I don't know about this situation far outweighs what I do, but it seems that a restored faith in the stock market is imperative here.
---------------------------------
Ideally if we all pinky swore to dump whatever cash we have left into the market we may thrive. May not. I merely point out that he is still selling dreams of his father to a nation rife with poverty, turmoil and joblessness. It's NOT going to "get better" in ten years if we invest immediately in Green futures. <BD?
How do you know that? -----------------------------
He can't promise that, he can't promise anything. Nobody can. There's hope, but people can't eat hope, they can't drive hope, can't immunize their children in hope. <BD?
If he can't "promise" things will get better, how can you "promise" they won't?
I sort of think in some ways, we CAN immunize our children in hope, BD. What's so wrong with "hope" anyway? Bill Clinton became president largely because he was the man from Hope. You can't feed or clothe or protect anyone in fear and depression, nor can you even really foresee doing that. With hope comes forward movement towards a goal -- if we dont' have that, we FOR SURE don't have anything.
---------------------------------------
He can fantasize all day over the higher education of every woman, man and chihauha in this country, but if retail stores, industries, businesses close their doors at the current rate we will end up with an incredibly well educated population of homeless, jobless citizens. <BD?
Can't he do a couple of things at the same time? Can't he talk about what we, as a nation are capable of creating, if we put our minds to it while, at the same time, working on the economic mess HE DID INHERIT FROM GEORGE W. BUSH?
----------------------------------
A first one hundred day reality byte should not include the White House Press Secretary walking behind the pota saying "don't read too much into that....".
As for the characterization? I might be more comfortable with a few others, I was actually being pretty benign, for me.
Sure, and I know that. I know you despise Barack Obama, and probably always will, no matter what he does. That's sort of beside my point, though, hey? Sarah Palin was every bit as much the "rabid fox" as was Barack Obama this last election, and so was everyone else. I didn't hear once from ANY of the candidates in any of the debates before, or after the primary: "Weeeeeeellll ... if you reeeeeeally want me to be your president, I guess I might be willing to take the job, or at least think about it.."
-- Edited by Nightowlhoot3 at 14:17, 2009-03-04
One difference in our discussion here is that I'm only comparing Barack to Barack. Pre and post election. I'm not resurrecting and comparing what-ifs to McCain/Palin, the Mormon, Jew, Mexican, former Catholic Mayor or ANY of the Clintons. I'm just looking at this man who says and does two different things, and it's okay cuz he's the democrat we got. And you're very right, I can't stand the sob.
Okay, I get that, but your characterization of him pursuing the job like a "rabid fox" did seem to indicate a unusually dogged and unduly determined campaign -- and uniquely so. I was just saying everyone pursued it with pretty much the same focus, or so, at least, it seemed to me.
WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
BD
Awhile back, I listened to an interview Bill Clinton was giving, and the interviewer was addressing the state of the economy, and wondering if it was a terrible time for anyone to become president, and B. Clinton sort of smile, and argued that really, this is a GREAT time to be president, because the country really NEEDS someone dedicated at the helm of this nation right now.
He didn't deny there was a mess -- I don't see why Obama should, either. It's a pretty commonly used phrase, isn't it? Bill Clinton "inherited" a republican congress. GWB "inherited" the state of the national deficit B. Clinton "left" him. (oh, WELL....)
Maybe Obama embraces the challenge before him. I hope/suspect he does. I'm happy he at least is willing to tap into whomever he thinks can best right this ship, regardless of party lines. He DID inherit a "mess" BD, and really, I don't think it was so apparent when he began his presidential campaign. John McCain announced -- what, just a week before the stock market crash? -- that the state of the American economy was "fundamentally strong" so it would sure seems he wasn't aware of the pending crash.
Seems to me, when you say Obama "pursued this mess like a rabid fox" then in fairness, you'd need to say the same of H. Clinton, John McCain, and a host of others who also ran for president in 2008. If, that is, that is the characterization with which you're most comfortable...
In my opinion the rosy rhetoric that got him into the office must stop. <BD?
Why?
I suppose we could always bring Shrub back, and kick the "fear factor" up a notch... I dunno. I think I'd rather hear hopeful and positive rhetoric than fearful, fear INDUCING and negative. Would you be more happy if Obama were more a paranoid and fear monger like shrub? Do we really want/need a president right now, like Hoover, who said: "Geez. We're really screwed, and there ain't no way out of it. Bend over and kiss your sweet farm and fanny goodbye," or are we better served by someone more like the guy who REPLACED Hoover, and said: "the only thing we have to fear, is fear its self"?
I think it's almost a president's job to restore faith, and hope. Lord knows FDR did it with his fireside chats -- he inspired citizens to begin planting victory gardens, and find new ways of doing things that would set aright the floundering economy. He didn't crawl in a hole, and pull the dirt over him, he instituted things like the WPA, and Social Security. He was robust, and positive, and projected that, and lead this nation out of despair and into a country once again healthy, despite a terrible war and the "great" depression.
PS: "This mess we've inherited" is "rosy rhetoric?"
--------------------------------
It is NOT a good time to invest in the unknown. <BD?
Seems to me the first rule about buy stock has always first and foremost been don't spend the money if you can't afford to lose it. That would seem to apply now, just as before, I'd think.
That said, stock is at a low right now, so a lot of it can be picked up fairly cheaply, and too, isn't one of the prime things we need to do to deter further global economic plummeting is turn around the stock market situation, and rebuild confidence in it? I'm no economist, to be sure, and will admit what I don't know about this situation far outweighs what I do, but it seems that a restored faith in the stock market is imperative here.
---------------------------------
Ideally if we all pinky swore to dump whatever cash we have left into the market we may thrive. May not. I merely point out that he is still selling dreams of his father to a nation rife with poverty, turmoil and joblessness. It's NOT going to "get better" in ten years if we invest immediately in Green futures. <BD?
How do you know that? -----------------------------
He can't promise that, he can't promise anything. Nobody can. There's hope, but people can't eat hope, they can't drive hope, can't immunize their children in hope. <BD?
If he can't "promise" things will get better, how can you "promise" they won't?
I sort of think in some ways, we CAN immunize our children in hope, BD. What's so wrong with "hope" anyway? Bill Clinton became president largely because he was the man from Hope. You can't feed or clothe or protect anyone in fear and depression, nor can you even really foresee doing that. With hope comes forward movement towards a goal -- if we dont' have that, we FOR SURE don't have anything.
---------------------------------------
He can fantasize all day over the higher education of every woman, man and chihauha in this country, but if retail stores, industries, businesses close their doors at the current rate we will end up with an incredibly well educated population of homeless, jobless citizens. <BD?
Can't he do a couple of things at the same time? Can't he talk about what we, as a nation are capable of creating, if we put our minds to it while, at the same time, working on the economic mess HE DID INHERIT FROM GEORGE W. BUSH?
----------------------------------
A first one hundred day reality byte should not include the White House Press Secretary walking behind the pota saying "don't read too much into that....".
As for the characterization? I might be more comfortable with a few others, I was actually being pretty benign, for me.
Sure, and I know that. I know you despise Barack Obama, and probably always will, no matter what he does. That's sort of beside my point, though, hey? Sarah Palin was every bit as much the "rabid fox" as was Barack Obama this last election, and so was everyone else. I didn't hear once from ANY of the candidates in any of the debates before, or after the primary: "Weeeeeeellll ... if you reeeeeeally want me to be your president, I guess I might be willing to take the job, or at least think about it.."
-- Edited by Nightowlhoot3 at 14:17, 2009-03-04
One difference in our discussion here is that I'm only comparing Barack to Barack. Pre and post election. I'm not resurrecting and comparing what-ifs to McCain/Palin, the Mormon, Jew, Mexican, former Catholic Mayor or ANY of the Clintons. I'm just looking at this man who says and does two different things, and it's okay cuz he's the democrat we got. And you're very right, I can't stand the sob.
In my opinion the rosy rhetoric that got him into the office must stop. It is NOT a good time to invest in the unknown. Ideally if we all pinky swore to dump whatever cash we have left into the market we may thrive. May not. I merely point out that he is still selling dreams of his father to a nation rife with poverty, turmoil and joblessness. It's NOT going to "get better" in ten years if we invest immediately in Green futures. He can't promise that, he can't promise anything. Nobody can. There's hope, but people can't eat hope, they can't drive hope, can't immunize their children in hope. He can fantasize all day over the higher education of every woman, man and chihauha in this country, but if retail stores, industries, businesses close their doors at the current rate we will end up with an incredibly well educated population of homeless, jobless citizens. A first one hundred day reality byte should not include the White House Press Secretary walking behind the pota saying "don't read too much into that....".
this is as much a crisis of consumer confidence as anything else. the one thing we need in abundance is for our leaders to say quit the whining and worrying lets get busy fixing this. we do know certain things. we do know that in a global economy buy american aint gonna work. we need for others to do well so that they can also buy from us. and to that end we need to have fair trade. i blame clinton for that one. once upon a time when these global things were being implemented we had a window to insist on productivity and health and welfare and child safety regulations for all of our trading partners and we had the opportunity to insist that certain jobs stay in the us and we really dropped that ball in favor of 'free trade" and farmed too much out and ended up with a purely service and financial economy. we dont produce much anymore and that imo is a matter of national security. those green jobs tho are jobs that cannot be farmed out to others those are jobs that will stay in our communities and create liveable wages for millions of people. we should be pushing those are far and fast as we can. whichever country wins the alt energy war will rule the next 100 years.
we also know that there are some basic supply and demand kinds of things that remain in play even in these bad times. goods that are unsold result in a stockpile. stockpiles result in people being laid off which in turn creates less demand for those goods and services that were once consumed by the now laid off resulting in eveb more layoffs. creating a demand uses up those stockpiles and creates the need to replenish which creates jobs and on and on we go. tho now its not just america we need to consider its the whole world. its not enough that we buy a tv from japan or korea (see im on the tv thing again:) that infuses their economy with dollars which might then be used to purchase american goods but with the trade imbalances and the health care problem here that isnt going to happen. when people are fearful of spending money because they may lose their job they increase the chances of this happening. no easy answers for this but there is a part of this that is still within our collective control
As for the characterization? I might be more comfortable with a few others, I was actually being pretty benign, for me.
WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
BD
Awhile back, I listened to an interview Bill Clinton was giving, and the interviewer was addressing the state of the economy, and wondering if it was a terrible time for anyone to become president, and B. Clinton sort of smile, and argued that really, this is a GREAT time to be president, because the country really NEEDS someone dedicated at the helm of this nation right now.
He didn't deny there was a mess -- I don't see why Obama should, either. It's a pretty commonly used phrase, isn't it? Bill Clinton "inherited" a republican congress. GWB "inherited" the state of the national deficit B. Clinton "left" him. (oh, WELL....)
Maybe Obama embraces the challenge before him. I hope/suspect he does. I'm happy he at least is willing to tap into whomever he thinks can best right this ship, regardless of party lines. He DID inherit a "mess" BD, and really, I don't think it was so apparent when he began his presidential campaign. John McCain announced -- what, just a week before the stock market crash? -- that the state of the American economy was "fundamentally strong" so it would sure seems he wasn't aware of the pending crash.
Seems to me, when you say Obama "pursued this mess like a rabid fox" then in fairness, you'd need to say the same of H. Clinton, John McCain, and a host of others who also ran for president in 2008. If, that is, that is the characterization with which you're most comfortable...
In my opinion the rosy rhetoric that got him into the office must stop. <BD?
Why?
I suppose we could always bring Shrub back, and kick the "fear factor" up a notch... I dunno. I think I'd rather hear hopeful and positive rhetoric than fearful, fear INDUCING and negative. Would you be more happy if Obama were more a paranoid and fear monger like shrub? Do we really want/need a president right now, like Hoover, who said: "Geez. We're really screwed, and there ain't no way out of it. Bend over and kiss your sweet farm and fanny goodbye," or are we better served by someone more like the guy who REPLACED Hoover, and said: "the only thing we have to fear, is fear its self"?
I think it's almost a president's job to restore faith, and hope. Lord knows FDR did it with his fireside chats -- he inspired citizens to begin planting victory gardens, and find new ways of doing things that would set aright the floundering economy. He didn't crawl in a hole, and pull the dirt over him, he instituted things like the WPA, and Social Security. He was robust, and positive, and projected that, and lead this nation out of despair and into a country once again healthy, despite a terrible war and the "great" depression.
PS: "This mess we've inherited" is "rosy rhetoric?"
--------------------------------
It is NOT a good time to invest in the unknown. <BD?
Seems to me the first rule about buy stock has always first and foremost been don't spend the money if you can't afford to lose it. That would seem to apply now, just as before, I'd think.
That said, stock is at a low right now, so a lot of it can be picked up fairly cheaply, and too, isn't one of the prime things we need to do to deter further global economic plummeting is turn around the stock market situation, and rebuild confidence in it? I'm no economist, to be sure, and will admit what I don't know about this situation far outweighs what I do, but it seems that a restored faith in the stock market is imperative here.
---------------------------------
Ideally if we all pinky swore to dump whatever cash we have left into the market we may thrive. May not. I merely point out that he is still selling dreams of his father to a nation rife with poverty, turmoil and joblessness. It's NOT going to "get better" in ten years if we invest immediately in Green futures. <BD?
How do you know that? -----------------------------
He can't promise that, he can't promise anything. Nobody can. There's hope, but people can't eat hope, they can't drive hope, can't immunize their children in hope. <BD?
If he can't "promise" things will get better, how can you "promise" they won't?
I sort of think in some ways, we CAN immunize our children in hope, BD. What's so wrong with "hope" anyway? Bill Clinton became president largely because he was the man from Hope. You can't feed or clothe or protect anyone in fear and depression, nor can you even really foresee doing that. With hope comes forward movement towards a goal -- if we dont' have that, we FOR SURE don't have anything.
---------------------------------------
He can fantasize all day over the higher education of every woman, man and chihauha in this country, but if retail stores, industries, businesses close their doors at the current rate we will end up with an incredibly well educated population of homeless, jobless citizens. <BD?
Can't he do a couple of things at the same time? Can't he talk about what we, as a nation are capable of creating, if we put our minds to it while, at the same time, working on the economic mess HE DID INHERIT FROM GEORGE W. BUSH?
----------------------------------
A first one hundred day reality byte should not include the White House Press Secretary walking behind the pota saying "don't read too much into that....".
As for the characterization? I might be more comfortable with a few others, I was actually being pretty benign, for me.
Sure, and I know that. I know you despise Barack Obama, and probably always will, no matter what he does. That's sort of beside my point, though, hey? Sarah Palin was every bit as much the "rabid fox" as was Barack Obama this last election, and so was everyone else. I didn't hear once from ANY of the candidates in any of the debates before, or after the primary: "Weeeeeeellll ... if you reeeeeeally want me to be your president, I guess I might be willing to take the job, or at least think about it.."
WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
BD
Awhile back, I listened to an interview Bill Clinton was giving, and the interviewer was addressing the state of the economy, and wondering if it was a terrible time for anyone to become president, and B. Clinton sort of smile, and argued that really, this is a GREAT time to be president, because the country really NEEDS someone dedicated at the helm of this nation right now.
He didn't deny there was a mess -- I don't see why Obama should, either. It's a pretty commonly used phrase, isn't it? Bill Clinton "inherited" a republican congress. GWB "inherited" the state of the national deficit B. Clinton "left" him. (oh, WELL....)
Maybe Obama embraces the challenge before him. I hope/suspect he does. I'm happy he at least is willing to tap into whomever he thinks can best right this ship, regardless of party lines. He DID inherit a "mess" BD, and really, I don't think it was so apparent when he began his presidential campaign. John McCain announced -- what, just a week before the stock market crash? -- that the state of the American economy was "fundamentally strong" so it would sure seems he wasn't aware of the pending crash.
Seems to me, when you say Obama "pursued this mess like a rabid fox" then in fairness, you'd need to say the same of H. Clinton, John McCain, and a host of others who also ran for president in 2008. If, that is, that is the characterization with which you're most comfortable...
In my opinion the rosy rhetoric that got him into the office must stop. It is NOT a good time to invest in the unknown. Ideally if we all pinky swore to dump whatever cash we have left into the market we may thrive. May not. I merely point out that he is still selling dreams of his father to a nation rife with poverty, turmoil and joblessness. It's NOT going to "get better" in ten years if we invest immediately in Green futures. He can't promise that, he can't promise anything. Nobody can. There's hope, but people can't eat hope, they can't drive hope, can't immunize their children in hope. He can fantasize all day over the higher education of every woman, man and chihauha in this country, but if retail stores, industries, businesses close their doors at the current rate we will end up with an incredibly well educated population of homeless, jobless citizens. A first one hundred day reality byte should not include the White House Press Secretary walking behind the pota saying "don't read too much into that....".
As for the characterization? I might be more comfortable with a few others, I was actually being pretty benign, for me.
WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
BD
Awhile back, I listened to an interview Bill Clinton was giving, and the interviewer was addressing the state of the economy, and wondering if it was a terrible time for anyone to become president, and B. Clinton sort of smile, and argued that really, this is a GREAT time to be president, because the country really NEEDS someone dedicated at the helm of this nation right now.
He didn't deny there was a mess -- I don't see why Obama should, either. It's a pretty commonly used phrase, isn't it? Bill Clinton "inherited" a republican congress. GWB "inherited" the state of the national deficit B. Clinton "left" him. (oh, WELL....)
Maybe Obama embraces the challenge before him. I hope/suspect he does. I'm happy he at least is willing to tap into whomever he thinks can best right this ship, regardless of party lines. He DID inherit a "mess" BD, and really, I don't think it was so apparent when he began his presidential campaign. John McCain announced -- what, just a week before the stock market crash? -- that the state of the American economy was "fundamentally strong" so it would sure seems he wasn't aware of the pending crash.
Seems to me, when you say Obama "pursued this mess like a rabid fox" then in fairness, you'd need to say the same of H. Clinton, John McCain, and a host of others who also ran for president in 2008. If, that is, that is the characterization with which you're most comfortable...
WASHINGTON (March 3) - As Wall Street tumbles, President Barack Obama offered up some investing advice on Tuesday, telling a wary nation that stocks are becoming a "a potentially good deal" for those willing to think long term. The White House later cautioned people not to read too much into the statement.
Footnote: "Later" in White House time is approximately ten minutes. Sure hope people were still tuned in for the pseudo-retraction after the "investing advice" from the former community leader, reported attorney, and former junior Senator from ILLINOIS, President Obama. There isn't anything I can add. This is just remarkable in and of itself. Bet the delivery was like a swarm of angels whispering "borrow, steal,spend, just please.....invest....".
I would challenge the president to rise above his soothing, amber rhetoric and take that empty "potentially good deal" comment and point to exactly where he would invest his own childrens money. I would challenge anyone to point to a specific "good deal" investment. I'd rather bet the dogs or horses. At the track one always crosses the finish line. Can't say the same for industries and businesses. I bet I'd recoup my own personal losses in a shorter period at the track than in the stock market. While I'm sitting here making "wishes", I'd like to add that he can stop using the phrase "mess we've inherited", he chased it. He didn't inherit it, he pursued that "mess" like a rabid fox.
I suppose we could always bring Shrub back, and kick the "fear factor" up a notch... I dunno. I think I'd rather hear hopeful and positive rhetoric than fearful, fear INDUCING and negative. Would you be more happy if Obama were more a paranoid and fear monger like shrub?
