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I think it's rather absurd for Rush Limbaugh to say those four words about Obama - some people on CNN interpret that as I don't want his policies to succeed, and comparisons even came out about to when the Dixie Chicks slammed Bush back in his presidency. I take that as something non American to say.
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Limbaugh is a blowhard, but I didn't think he'd stoop this low. That's the last thing you'd ever want your president, no matter how much you disagree with his views to do.
I didn't want Bush as president, but I was hoping he would not fail or mess up during his administration. It's the least you can do if your guy didn't win.
Then again, without a link, who knows if this is true, because this is the first I've heard about it. So for the time being, I'll take it with a grain of salt.
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His economic policies will fail just because of what the underlying end result is designed to do. The more paper we print, the less it becomes worth and foreign countries stop buying our debt. He is signing away everything with more stimulus packages guys.
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Thanks, LD, for providing the link. I hope that folks will listen to the recorded version as it goes well past the printed quote and provides some elucidation to it.
Though I have some disagreements with Limbaugh, I thoroughly understand his point. I have to side with him in this matter.
As I view it, for our President to "succeed", he must do those things which will benefit our country, as a whole; to augment the individual's liberty from government and diminish the power and reach of government from our daily lives. If this is his aim, I do wish him success and will do all that I can to support him.
In his first seven days, Mr. Obama has done nothing to further these notions.
Based on what little he has seen fit for us to know about him, President Obama's goals are entirely antithetical to the beliefs I expressed above.
Thus, I have to hope that our President fails to achieve what he seeks while hoping that our Founding Fathers can withstand the assault that is planned against them.
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quote:Originally posted by Wrinklesguy: His economic policies will fail just because of what the underlying end result is designed to do. The more paper we print, the less it becomes worth and foreign countries stop buying our debt. He is signing away everything with more stimulus packages guys.
Agreed! And it needed to be said! This has failure written all over it.
What most people don't understand is that this so-called "stimulus package" won't put people to work right away. The jobs that it will create will take a year or more to materialize (i.e. the "shovel and ditch projects") due to permits, bureaucracy red tape, etc., and at a cost of over $200,000 to the taxpayers for each job.
The "tax break" amounts to a $1,000 rebate per working individual. At this point, how is that going to help stimulate anything?
On top of that, all this money that's being doled out now is being borrowed on interest. This trillion or so dollars that's being proposed to spend will soon have interest needed to be paid in the billions. That, in turn, is going to cause hyper-inflation - i.e. EVERYTHING is going to go up in price, and by a huge margin.
As I stated in a post about the new president and his policies just before he got elected, try not to spend all of that "econmic stimulus rebate" (read "tax break") in one place. You all are gonna need it to pay for everything else when all of it starts going up in the next couple of years. Don't start whining when it does and this whole thing blows up.
My God! Then what will the liberal tv and newspapers have to say, since they'll have nothing positive to report on Obama and the love affair will be over?
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I can assure you that I don't know alot about economics, but the fact that the Wall Street "biggies" got around 18 billion in bonuses, after we put all that money into them stinks, as, in my opinion, does the Republican party. Bush and Cheney blew a trillion or so on a useless, uncalled-for war. And who profited from the war? Halliburton, etc. Bush and Cheney are both heartless bastards and should be tried for war crimes!!!!!!
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Sorry that I got off the "Limbaugh" subject a bit. I used to listen to Rush almost every day during the Clinton years, not because I agreed with anything he said, but, as a friend told me about it, listen to your enemies. Rush has the idiotic segment of the right-wingers by the gonads, and you can bet he's laughing his fat ass off all the way to the bank!!!!!
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I wonder if people realize that FDR's New Deal was a series of huge spending projects in order to pick the country out of the Great Depression.
It may sound like anathema, but when you are in recession, you actually have to spend money in order to get yourself out. The trick is knowing how to spend that limited money wisely. It also takes a lot of time to get yourself out of the hole. It took the FDR administration 9 years to start getting to a good place before World War II. Obama has 4, perhaps 8. I've said it before, but so long as he's able to set the country up for even more progress for the next president, he's done his job. Asking or expecting him to wave his hand and make all our problems go away is unrealistic.
If we get out of this recession within these next 8 years, it would be a miracle of all the right elements coming together at the exact moment we needed them to.
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Right, and it took the war itself to create enough jobs and everything else to get us out of the great depression..the 9 nine years FDR took did nothing to get us out!
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And some would also argue that without the projects he set up, our infrastructure would have been woefully inadequate to deal with a massive war, inasmuch as we wouldn't have had an infrastructure to go to war with. FDR got the country off it's knees; the war forced it to get up and run like it's life depended on it, which it did.
As it is with most of life, you can't have it just one way. Balance is the rule at the end of the day, and this country has always been at it's best when it's applied the right balance of left and right leaning policies. When this country gets seriously screwed up, it's usually because it ends ups skewing heavily in one direction or the other in terms of it's policies and especially how they pertain to the economic health. Herbert Hoover was unfairly saddled with the fallout of the laissez-faire policies employed by the previous president, Calvin Coolidge. Sure, the country saw unprecedented economic growth, but it also grew a potentially noxious bubble that eventually burst because it was left unchecked by Coolidge's tendency to let big business do whatever it wanted. That burst led to the Great Depression, and Hoover happened to be in office when it happened.
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quote:Originally posted by Salvy_Mic: I wonder if people realize that FDR's New Deal was a series of huge spending projects in order to pick the country out of the Great Depression.
It may sound like anathema, but when you are in recession, you actually have to spend money in order to get yourself out. The trick is knowing how to spend that limited money wisely. It also takes a lot of time to get yourself out of the hole. It took the FDR administration 9 years to start getting to a good place before World War II. Obama has 4, perhaps 8. I've said it before, but so long as he's able to set the country up for even more progress for the next president, he's done his job. Asking or expecting him to wave his hand and make all our problems go away is unrealistic.
If we get out of this recession within these next 8 years, it would be a miracle of all the right elements coming together at the exact moment we needed them to.
Absolutely right. The moment that I find myself $10,000 in debt, I charge $50,000 on my credit cards.
I've got to be at least $60,000 ahead. Right?
I agree that money spent by the government must be spent wisely. Examples, anyone?
Despite the propaganda, FDR's policies ensured that the USA (and the world) remained in depression.
What cured the Great Depression was World War II. I would like to find a solution to our current economic problems that circumvents a similar solution.
Once again, it is clear that those who don't know their history are doomed to repeat it.
Please pardon me if I seem to be taking you to task on a personal level. That's not the case. I am only disputing the reasoning.
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