WILL OBAMA FIX THIS ECONOMY? (191)

If they can't salvage the economy with a Dem House, Senate and Prez...maybe they'll blame Rush Limbaugh.

This economy was predicated by bankers. It wont be solved by them. They like their bailouts and golden parachutes.

Ah to hell with it. Give all the banks free money from the taxpayers to buy jets. Meanwhile, I'll crawl back into my card-board box where my Masters degree is hanging right next to my McDonalds apron.

Nobody can fix this economy. We've done it to ourselves worshipping Mammon. All of us. So, America, you like your money so much, get your wheel-barrow out, its time to buy a loaf of bread.

I actually agreed with some of the comments yesterday from the rep senators ......... especially that we need to focus bail-out more on income tax relief for immediate stimulus.
An hoping everyone up top loosens up and really compromises on this plan. I'd be much happier if they spent a little more time analyzing what really needs to be in a stimulus package and dole it out in incriments - making adjustments as we go ..........
That whole bank bail-out on Oct was a joke !

The most expensive joke I've ever seen!

I wrote a letter to Dianne Feinstein the other day , and got a reply ..............
These senators have absolutely no concept of reality ... they cannot ...... or will-not put specific spending requirements on bail-out money they hand out !!!!!!!

Anyway...I enjoy the manner in which we disagree!

I respect your views, even if I whole-heartedly disagree with them!!

"That they can see the pot holes in his economic programs and watch for land mines in his foreign policy. Those 8 years we have been in the leadership....give us some expertise there."

Thanks , but we'll go ahead and take it from here .

Wouldn't it be funny if the two parties were sock puppets all run by the same puppeteer? I always liked Bill Hicks analogy of politics.

Scroll back and read what I suggested ..............

By the way, I suggest that ALL of you take the time and break away from this site to email your thoughts to your representative . Maybe it'll get read .... maybe it'll go in the senator's email trash .....but I think it's very very very important to make the attempt and let em know what you think.

( Except you Tom ........................
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J/K

No problem Indy, I one of those American citizens that was actually educated with the use of factual American history text books, instead of the new, whitewashed, editions. Last year, looking at my stepsons 8th history book, I found the word Republic mentioned once. Used in the context of, our "forefathers coming together and forming a Republic" has if that group was the Republic forming our democracy. Never made mention of the fact of our form of democracy was of Republic rule, and actions. Never spoke of the "Republican principles" so often spoke of by the Constitutional convention, because it does not meet the designs of democrats, and their factions of left control. Thus is created your following quote,

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and a society educated with only the word democracy engraved on their minds, along with the word democrat, leaving them completely vacant of the truth. Open minds of singular ideology, and understanding, molded of union controls for individual passions.

"AMONG the numerous advantages promised by a wellconstructed Union, none deserves to be more accurately developed than its tendency to break and control the violence of faction. The friend of popular governments never finds himself so much alarmed for their character and fate, as when he contemplates their propensity to this dangerous vice. He will not fail, therefore, to set a due value on any plan which, without violating the principles to which he is attached, provides a proper cure for it. The instability, injustice, and confusion introduced into the public councils, have, in truth, been the mortal diseases under which popular governments have everywhere perished; as they continue to be the favorite and fruitful topics from which the adversaries to liberty derive their most specious declamations. The valuable improvements made by the American constitutions on the popular models, both ancient and modern, cannot certainly be too much admired; but it would be an unwarrantable partiality, to contend that they have as effectually obviated the danger on this side, as was wished and expected. Complaints are everywhere heard from our most considerate and virtuous citizens, equally the friends of public and private faith, and of public and personal liberty, that our governments are too unstable, that the public good is disregarded in the conflicts of rival parties, and that measures are too often decided, not according to the rules of justice and the rights of the minor party, but by the superior force of an interested and overbearing majority. However anxiously we may wish that these complaints had no foundation, the evidence, of known facts will not permit us to deny that they are in some degree true. It will be found, indeed, on a candid review of our situation, that some of the distresses under which we labor have been erroneously charged on the operation of our governments; but it will be found, at the same time, that other causes will not alone account for many of our heaviest misfortunes; and, particularly, for that prevailing and increasing distrust of public engagements, and alarm for private rights, which are echoed from one end of the continent to the other. These must be chiefly, if not wholly, effects of the unsteadiness and injustice with which a factious spirit has tainted our public administrations."

Unfortunately...this is true ttom. Good post.

He will be like the rest of the morons who look after themselves and their croonies and forget us!! Bring back Thomas Jefferson!!

Or we can follow his example, and the responsibility our Constitution allows all of us to act on, or not.

A Republic is Controlled by the People
"We may say with truth and meaning that governments are more or less republican as they have more or less of the element of popular election and control in their composition; and believing as I do that the mass of the citizens is the safest depository of their own rights, and especially that the evils flowing from the duperies of the people are less injurious than those from the egoism of their agents, I am a friend to that composition of government which has in it the most of this ingredient." --Thomas Jefferson to John Taylor, 1816. ME 15:23



Establishing Republican Government
"From the moment that to preserve our rights a change of government became necessary, no doubt could be entertained that a republican form was most consonant with reason, with right, with the freedom of man, and with the character and situation of our fellow citizens." --Thomas Jefferson: Reply to Virginia Legislature, 1809. ME 16:333

"[To establish republican government, it is necessary to] effect a constitution in which the will of the nation shall have an organized control over the actions of its government, and its citizens a regular protection against its oppressions." --Thomas Jefferson to Lafayette, 1816. ME 19:240

"[The first step is] to concur in a declaration of rights, at least, so that the nation may be acknowledged to have some fundamental rights not alterable by their ordinary legislature, and that this may form a ground work for future improvements." --Thomas Jefferson to John Jay, 1788. ME 7:18, Papers 13:190

More intellectual stimulus

without the 800 billion dollars to restore the credit markets, our economy would be in an even deeper hole right now. Do you realize that without the 800 billion in TARP money, there would be no lending taking place at all right now. That would mean any small or large buisness trying to fill inventories for next weeks work and make payroll (checks to pay workers) would fall short and have to close the doors. That would mean no jobs next week, causing more layoffs, so to knock the 800 billion dollar credit bailout as a waste of money is like saying youd rather see all buisness in america shut the doors than give cash to the banks who lend them the vital money to function. Credit is the blood of any economy, and without money to cover the massive losses from bad loans and leveraged derivatives trading these loans, there would be no credit at all right now. just a thoght for those who think the 800 billion is a waste, your job, unless your a drug dealer, was relying on that 800 billion.