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Post by unlawflcombatnt on Jan 21, 2009 3:08:10 GMT -6
from Dean Baker's "Beat the Press": WSJ Says That Crash Promulgator Plays Central Role in Planning Obama Economic PolicyJanuary 20, 2009 by Dean Baker " The Wall Street Journal told readers that former Treasury secretary and Citigroup honcho Robert Rubin is playing a central role in designing President Obama's economic policy. It would have been appropriate to note that with the possible exception of Alan Greenspan, Mr. Rubin is the person most responsible for the policies that lead to the current crisis.
Mr. Rubin was a staunch advocate of the policy of one-sided financial deregulation under which the government ignored prudential regulation while continuing to allow major banks to benefit from the government's "too big to fail" insurance policy. Mr Rubin also actively promoted an over-valued dollar which led to the enormous trade deficit of recent years. In addition, he had a "bubbles are fine" approach that allowed huge asset bubbles to grow unchecked.
The WSJ does note that Mr. Rubin personally profited from these policies in his role as a top Citigroup executive, but it does not point out the extent to which he was directly responsible for the policies that have produced the worst economic downturn since the Great Depression. If Mr. Rubin is in fact playing a large role in determining the economic policies of the Obama administration, this should be serious cause for public concern." www.prospect.org/csnc/blogs/beat_the_press_archive?month=01&year=2009&base_name=wsj_says_that_crash_promulgato
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Post by waltc on Jan 21, 2009 11:35:06 GMT -6
Rubin was his chief economics adviser when he started running for prez and his current economic advisers read like a whose who of Wall Street.
None of them come even close to being worker or middle-class friendly. Ideologically they are rabid "free traders", big on deregulation, importing foreign workers, gutting Social Security, etc
In many ways Obama's regime will be a continuance of Bush style economic policies under a politically correct president.
The result for us non rich will be if you're hurting now, Obama and his friends will see to it you will be hurting more.
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Post by Joe 6pack on Jan 21, 2009 12:37:19 GMT -6
The typical Obama voter hasn't a clue WHY they voted for him. They also haven't a clue about history, economics, politics, English language, grammer, diction and on and on. Basically Obama was sent to Washington by class of people in the USA called morons or simpletons or recently naturalized citizens or blacks. They voted without real knowledge of what the Federal Reserve is and in may cases without any real idea of what the USA is all about, what this country stands for and why it was founded in the first place. (Again is one of these morons) For some of us, knowing what we know of Mr. Obama, how can we say "we hope he succeeds"? Unless it's by total accident or Murphys Law or something similar, we know that Obama is not going to succeed. And what do we mean by succeed? Succeed in/at what? Fixing the economy? porviding jobs? socializing health care? getting troops out of the Middle East? All of the above? These idiots actually are hoping that Obama is going to wave his magic wand and make the USA totally healed and utopian. Pie in the sky shit. Completely unrealizeable. Completely out of touch.
Anyway, anyone that actually thinks Obama is going to cure the ills of this country is a blithering idiot. Just like most of the Obama voters.
He won't;
1. Abolish the Federal Reserve and issue greenbacks or currency backed by the full faith and credit of the United States. 2. Reduce the size of Federal Government, and reduce spending. 3. Give taxpayers a tax holiday. 4. Adopt the Fair Tax and basically eliminate the IRS. 5. Legalize drugs and capitalize on them to end the ridiculous fiasco called "the war on drugs". 6. Secure our boders. 7. End financing of Isreal 8. Produce a valid certified birth certificate that proves birth on US soil. 9. Make those stinking idiots Feinstein and Polosi pay for their own airfare back and forth from CA to DC. 10. Stop special interest lobbying and porkbarrel spending and earmarks and riders attached to bills.
It is more likley he will;
1. Socialize health care and medicine like Canada and Europe. 2. Institute and regulate "job sharing" plans as in some European countries. (primarily due to the high levels of unemployment his economic stimulus plan will create) 3. Stifle creativity and free enterprise, ruin millions of small businesses 4. Promote conversion to Islam and further Islamic enterprise in the USA 5. Tax the hell out of the rapidly disappearing middle class. 6. Force expensive green technology on corporations and individuals. 7. Stifle traditional energy production 8. Increase Federally owned lands and make them more of them off limits to you and me and our recreational activities. 9. Not enforce immigration laws fairly and firmly. Not deport aliens. Increase all fees for legal immigration. 10. Ban all guns
I for one cannot support the president knowing what his voting record has been and what his plans are. I am not happy with his lies concerning his affiliation with his church and pastor Reverend Wright nor with his ties to white hating and western way of life hating politicians, organizations and individuals. He seems to have as many skeletons in the closets as the Clintons ever did.
Most Obama voters would be happy with a chimpanzee in the White House. They wouldn't know the difference.
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Post by graybeard on Jan 21, 2009 14:12:45 GMT -6
Do you watch anything other than Faux News, Joe?
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Post by db on Jan 21, 2009 18:17:17 GMT -6
Joe, you should take a good long look at yourself; before you call anyone names!
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Post by stuttering john on Jan 21, 2009 21:51:45 GMT -6
Maybe the Dr. could check this out.
Did Obama Have A Stroke Or Develop A Brain Disorder? By Ted Twietmeyer 1-20-9
Did Obama recently have a stroke, head injury or develop a brain disorder?
In several public speeches, one can hear Obama stuttering quite badly. But beyond stuttering, after listening to more than 7 minutes of his speech it's very apparent he cannot form a single complete sentence.
His problems could be symptomatic of a stroke or brain disorder, as described below on WebMD:
Stuttering develops as a result of brain damage or stroke, such as following a traumatic head injury or stroke. What are the symptoms? Symptoms may include: Repeating sounds, parts of words, and sometimes entire words. Pausing between words or within a word. Substituting simple words for those that are hard to speak. Showing obvious tension or discomfort while talking. Using incomplete phrases. Making interjections (such as adding "uh" or "um" in the middle of a sentence). Making parenthetical remarks (adding explanatory or seemingly unrelated words or phrases). Stuttering often becomes worse during stressful situations, such as public speaking. Interestingly, it often does not occur during other activities, such as singing, whispering, talking while alone or to pets, or during choral reading. How is stuttering diagnosed? A speech-language pathologist can usually diagnose stuttering by having the child read aloud, videotaping or recording the child while he or she is talking, or checking speech patterns in other ways. Also, doctors usually conduct a physical exam to rule out health problems, such as hearing loss, that can interfere with speech development. Stuttering that appears for the first time in an adult is usually related to an injury, health problem, or severe emotional trauma. Diagnosis includes a physical exam, questioning, and observation. Here is a typical Obama speech which clearly manifests the problem:
and
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Post by unlawflcombatnt on Jan 21, 2009 22:40:07 GMT -6
Maybe the Dr. could check this out....In several public speeches, one can hear Obama stuttering quite badly. But beyond stuttering, after listening to more than 7 minutes of his speech it's very apparent he cannot form a single complete sentence. I think it's just fatigue.... That, and hanging around with George Bush too much. It might be something communicable. (or maybe I should say "in-communicable" )
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Post by waltc on Jan 22, 2009 0:09:37 GMT -6
Even if Obie did have some sort of accident that sidelined his brain and tongue, we the public would never know.
Rahm and Biden could use a look alike when public appearances were called for. Radio addresses would be even easier, just a use one of his many vague and nebulous campaign speeches that induce amnesia and demerol type highs in those who listen to them.
Heck even if Obama was reduced to a wooden Indian type persona(think Keanu Reeves acting) people would just think he's being spiritual or some such nonsense.
And if he croaked, the DNC would do what the commies did to Lenin, and have the guy stuffed and mounted in a glass case, then tell folks he's put himself in suspended animation so future generations could worship his awesomeness.
Heck I can see Hillary touring the country with said glass case and charging folks admission. That is provided she doesn't turn him into a table for knick knacks and his nose for a pencil holder.
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Post by graybeard on Jan 22, 2009 6:45:30 GMT -6
The village in Texas just retrieved its idiot.
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Post by unlawflcombatnt on Jan 22, 2009 10:02:41 GMT -6
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Post by kramer on Jan 22, 2009 17:57:06 GMT -6
from Dean Baker's "Beat the Press": WSJ Says That Crash Promulgator Plays Central Role in Planning Obama Economic PolicyJanuary 20, 2009 by Dean Baker " The Wall Street Journal told readers that former Treasury secretary and Citigroup honcho Robert Rubin is playing a central role in designing President Obama's economic policy. It would have been appropriate to note that with the possible exception of Alan Greenspan, Mr. Rubin is the person most responsible for the policies that lead to the current crisis.
Mr. Rubin was a staunch advocate of the policy of one-sided financial deregulation under which the government ignored prudential regulation while continuing to allow major banks to benefit from the government's "too big to fail" insurance policy. Mr Rubin also actively promoted an over-valued dollar which led to the enormous trade deficit of recent years. In addition, he had a "bubbles are fine" approach that allowed huge asset bubbles to grow unchecked.
The WSJ does note that Mr. Rubin personally profited from these policies in his role as a top Citigroup executive, but it does not point out the extent to which he was directly responsible for the policies that have produced the worst economic downturn since the Great Depression. If Mr. Rubin is in fact playing a large role in determining the economic policies of the Obama administration, this should be serious cause for public concern." www.prospect.org/csnc/blogs/beat_the_press_archive?month=01&year=2009&base_name=wsj_says_that_crash_promulgatoWasn't Rubin in charge of CitiCorp? How have they done under him? And I like how Citi and ACORN teamed up to give people with ITIN's (i.e. illegals) better interest rates on home loans than US citizens. This started in '04. People like me who have been playing by the rules are getting the phucking shaft because we get to pay the regular interest rates. Now those people who shouldn't have bought homes in the first place are going to get their mortgages reduced. This phucking infuriates me to no end. The only way I would be fine with this is if they reduce my mortgage (and everybody else's) by the same average amount. Rubin is also part of the group of democrats that see globalization as a good thing because they see it as a way to reduce the world's poverty. But I guess I shouldn't worry because they think that giving the unemployed or homeless Americans free healthcare will make them feel better. Can't wait to go to a doctor's office and see it filled with illegals waiting to get their free healthcare.. while I have to wait my turn after them. Sometimes I think we need to kick some socialist ass... along with the asses of the neo-cons. I can't stand what they have done. Kramer
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Post by kramer on Jan 22, 2009 18:01:07 GMT -6
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Post by kramer on Jan 22, 2009 18:05:11 GMT -6
And speaking of Obama's picks, his 'energy czar' Carol Browner was a member of Socialist International's 'Commission for a Sustainable World Society' which calls for developed nations to reduce our economies and global governance. SI has since removed her name from the site. www.washingtontimes.com/news/2009/jan/12/obama-climate-czar-has-socialist-ties/Guess SI is getting their wish because we keep shipping jobs offshore. Kramer
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Post by unlawflcombatnt on Jan 22, 2009 19:10:02 GMT -6
Rubin is also part of the group of democrats that see globalization as a good thing because they see it as a way to reduce the world's poverty. But I guess I shouldn't worry because they think that giving the unemployed or homeless Americans free healthcare will make them feel better. That's my sentiment exactly. Having a job, and being able to afford food and shelter, is light years more important than medical care. People have survived for centuries with essentially NO medical care. But people wouldn't have survived a month without food and shelter. And employment is what allows people to provide for their own food and shelter. Free medical care will never make up for being unable to support oneself.
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Post by unlawflcombatnt on Jan 22, 2009 20:03:05 GMT -6
The "global governance" idea is awful. That should never, ever come out of the mouth of any American, least of all a Presidential appointee.
Obama needs to be reminded that he was elected by the People of the United States, not the people of the world.
Every Obama appointee to date indicates that Obama is an unrepentant globalist, and certainly not a friend of the American worker.
(And, on a side note, the Employee Free Choice Act won't do American workers any good whatsoever if all our jobs are shipped overseas. It's hard to unionize an industry that no longer employs any American workers.)
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Post by waltc on Jan 22, 2009 20:34:59 GMT -6
I agree with UNLC that the Employee Free Choice Act is pretty much worthless in this climate of off-shoring and mass layoffs. IMO it was nothing but a election gimmick to bullshit folks especially powerful unions like the SEIU into believing Obama was pro-labor/pro-American.
But if his supporters would have looked a bit closer into who were Obama's economic advisers were and his refusal to support senate bills that protected the American worker, unions and most of the middle-class would have never voted for the fraud.
Heck to show you what Obama really thinks of American workers, he is already planning to increase legal immigration from Mexico to help employers here in the U.S. fill needed jobs.
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Post by bariffsterrier on Jan 23, 2009 12:23:46 GMT -6
Rubin was his chief economics adviser when he started running for prez and his current economic advisers read like a whose who of Wall Street. None of them come even close to being worker or middle-class friendly. Ideologically they are rabid "free traders", big on deregulation, importing foreign workers, gutting Social Security, etc In many ways Obama's regime will be a continuance of Bush style economic policies under a politically correct president... A different group of empty sacs from Goldman-Sachs will be in charge of the ongoing anal rape of the American wage earner, some "change!"
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Post by nomad943 on Jan 23, 2009 15:54:36 GMT -6
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Post by unlawflcombatnt on Jan 23, 2009 17:02:25 GMT -6
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