With this "CHANGE" there is NO "HOPE" for the U.S. State, National, International, posted by mm, a resident of another community, on Feb 14, 2009 at 7:58 am
Goodbye to the U.S. as we all knew it.
It was fun while it lasted.
An entire generation of children will now face a much more difficult life financially than their parents have given them.
To all those who voted for OBAMA, I hold you PERSONALLY LIABLE.
Can't you begin to see that the entire DEMOCRAT party is now engaged in changing our nation into one which is ...
- totally DEPENDENT on the federal goverment
- against any effective ENERGY production
- for CENSORSHIP of media and conservative thought (like other socialist countries)
- for a WEAKENED national defense
- for protectionism (similar to the failed Smoot-Hawley Act) which will be opposed globally
- for NATIONALISED HEALTHCARE which has a history of failure in every country where it has been tried
- and other dispicable policies
I was once a liberal being the product of two public school teachers. However I have seen the light of the dangers of liberalism. These dangers are no more apparent than what is happening now, thanks to OBAMA and his socialist and corrupt administration.
Posted by Smarter Than Obama, a resident of the Birdland neighborhood, on Feb 14, 2009 at 5:42 pm
Any politician who thinks we can get ourselves out of this financial mess by borrowing and spending more is delusional. Judging by the way things are going, democrats/Obama are going to get us deeper into an economic depression, then followed by a period of out-of-control inflation.
Expanding government services will most definitely make matters worse in the long run. Just take a look at all the programs and services funded/operated by the government today and notice the many failures, like our school district. Just imagine having to wait to fill your prescriptions in the future because Uncle Sam can't work out a budget for months...that's a lovely thought.
IMHO, the best strategy is to do nothing. Let the economy take its own course and work out the bad debt on its own terms. Companies that have the capital will buyout other failing businesses and consolidate. In time, our economy will reestablish a foundation. Our future economy requires this solid foundation to establish roots and grow.
Continuously pumping money into this financial black hole is like putting bandaids over a nicked artery. The irresponsible borrowing and spending got us into this mess. Yet, democrats/Obama are now borrowing MORE money to promote even more lavish spending. Not a smart move!
Obama is making yet another HUGE mistake by arbitrarily setting a ceiling on the pay and bonus for those financial gurus who we rely on to get us out of this depression. While it does make the public "feel" better, these actions are obstacles to an economic recovery. These gurus will be driven out of their profession in droves. Bad move again, Obama.
Posted by mike, a resident of the Del Prado neighborhood, on Feb 14, 2009 at 8:26 pm
You now know how Nazi Germany, the Soviet Union, and all other totalitarian countries came into being. Citizens who did not pay attention to what was going on or they were mesmerized by the way their leader spoke to them and promising them everything under the sun. Itís the same thing that is going on right now. If you say anything against our Failed President and his failed policies youíre told that youíre racist or they just donít believe the facts you tell them. WE LIVE WITH IDIOTS! VERY FRUSTRATING.
Posted by WhatEVER, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 14, 2009 at 9:17 pm
Actually, I'm not too surpised by these posts. I wouldn't expect anything different from the mainstream Pleasanton folks. I suppose the "same old, same old" is what many think best, even if it's just barely keeping their heads above the treading-level water and sinking everyone else in the process. Yes, monkey-boy Bush Jr. did help maintain the status quo for some, a segment of Pleasanton included, along with a significant cadre of Cheney's cronies. It's "circle the wagons, protect our sprawling Ruby Hill homes" or construction revenues from legacy companies and to hell with progress and those who study hard and have university degrees ... after all "we give at church" and if anyone falls outside our little circle, tough luck.
Contrary to what was posted above, I think history has shown that lack of education and reasoned thinking, singular focus on one's own satisfaction, luxuries and pleasure to the exclusion of others in trouble (the French royals), and lack of foresight is what leads to the demise of a civilization, not an open hand which helps a fellow human being.
Oh, by the way, didn't Bush start with the bandaids to the failing industries? Only his handouts had no new job creation tied to the billions of dollars, hmmm.
Posted by Smarter Than Obama, a resident of the Birdland neighborhood, on Feb 14, 2009 at 10:46 pm
WhatEVER, people who criticize Obama are not automatically Bush supporters. I disagree with many of Bush's policies but that does not mean I have to agree with everything Obama is doing.
It's becoming more and more clear to me that Obama and his staff are clueless on how to resolve this credit/financial crisis. His administration is deploying a "trial and error" tactic, and meanwhile, all the democrats in congress are piggy-backing all of their spending desires onto this stimulus package. It's like a feeding frenzy...
The water gets muddier each time the government sticks its hand in and stirs. What Obama needs to do is to keep his hands out of the private sector and let things settle on their own. But no, he is BORROWING money to create more convoluted programs that target mainly the poor. That will do very little to boost the economy. In times like these, giving people more money will only create more savings, not spending.
Through government incentives like tax breaks or grants, the govt can encourage businesses to increase their R&D activities. This will not only create more jobs but will also ensure that we come out of this crisis being more competitive than other nations. This is an excellent opportunity for us to stay ahead.
Posted by Mike, a resident of the Del Prado neighborhood, on Feb 15, 2009 at 1:02 am
My crystal ball is history that you , Stacy, have not bothered to study. Our failed President is following the same route that Roosevelt did. Massive govt spending that did nothing but buy Demoncrat votes for generations. He extended the depression by his actions and the only reason the depression ended was because of WW2. The depression of 1920/21 only lasted for one year and do you know why Stacy? No of course you don't. It ended because the free market system fixed itself with no govt intervention. People and companies need to fail in order for the greater good. The govt does not create wealth, it sucks at the teet if the American taxpayer.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 15, 2009 at 7:47 am
Interesting, Mike. Taking cheap shots regarding the status of my knowledge of history, which has nothing to do with the topic, lessens the quality of your response and detracts from the reasonable points you're trying to make. There is danger in being selective about history. You mentioned just Roosevelt, which appears to me to be an attempt to satisfy an apparent partisan bias. The original poster of this thread was able to point out more intricate details of the Great Depression such as the Smoot-Hawley Tariff Act. This Act was a Republican creation and didn't get repealed until near the end of WW2.
As to the actual subject of Obama and the suggestion that he's a failed president, it hasn't even been 30 days yet! Which presidential term in history has ever been judged based upon the first 30 days?! I had a boss once for only 30 days and that's cause he was clearly crazy. If Obama were like him, he'd never have even made it to Congress.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 15, 2009 at 7:52 am
P.P.S. The stock market crash of 1920 is interesting. I'm reminded of the stock market crash of 2000/2001 due to the bust of the dot.com bubble. Remember where that lead? Overinflated housing prices and the housing bubble?
Posted by mm, a resident of another community, on Feb 15, 2009 at 8:03 am
Simply a GREAT post, Mike! Unfortunately, you and I are in the minority with our views. People like Stacy have been indoctinated by the left wing media, by the slick communication 'style' of Obama himself (vs. content of what he is about), by not understanding the dangerous...yes dangerous impact of liberal policies. Virtually EVERY Democrat / liberal policy and program has widespread negative consequences (whether intended or unintended). We are losing our country because of liberalism. As one example, we are way too tolerant of the rapidly encroaching muslims in this country. They are changing our culture. All you have to do is look at the once thriving country of Lebanon. Because of Lebanon's uber tolerance toward muslims, they allowed them across their borders and now Hezbollah rules them. Lebanon's uber tolerance was their downfall and it will be ours if we don't stop the increasing muslim-ization of the US.
Stacy...any replies? What does YOUR crystal ball say? Or are you too busy worshiping to your almighty Obama to realize that he is leading YOU and the rest of us over the cliff.
Posted by mike, a resident of the Del Prado neighborhood, on Feb 15, 2009 at 12:56 pm
Stacy, how long the the recession of 2000/01 lasted for approximately 1 year. It ended with no 'STIMULUS" plan or gov't spending. It ended mostly because of tax cut (more money in the taxpayers pockets) and the LACK of gov't interference. It is true that that the Smoot-Hawley Tariff Act. This Act was a Republican creation, but it was not the sole reason the Depression was extended. The reason was that Roosevelt and the Demoncats wanted to keep the American people dependent on the Gov't just like our new Failed President and his failed policies. I don't consider myself a Rebublican and I disagreed with a lot of Bush's policies unlike your and your leftist friends slobbering at the crotch of our Failed President and his failed policies. I don't want the Gov't telling me what to do or when to do it. When your dependent on the Gov't for everything that is what they will do. BY the way, I'm giving our Failed President the same respect the Demoncrats and leftist gave Bush that's why I call him our Failed President. He has already showed us that he is an ineffectual leader and went right back into campaign mode when things didn't go his way. I can only hope that the AMerican people will wake up in 2010, which I believe they will. OUr Failed President only 53% of the vote against a very weak candidate. There is little hope for him to win again in 2012.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 15, 2009 at 3:04 pm
"unlike you and your friends slobbering at the crotch of our Failed President"
Frankly, this is quite offensive. You have no idea who I am, who my friends are, or even which way I vote. Again, your personal attacks detract from the reasonable points you're trying to make. I'll readily admit that I'm no expert in Depression-era history and it is my guess that neither are you given your proclivity to resort to personal attacks. When you color other people with your own assumptions about them, your arguments lose their power and it is much easier to dismiss your ramblings as that of a partisan lackey.
Posted by Disgusted with vicious attacks, a resident of the Castlewood neighborhood, on Feb 15, 2009 at 10:01 pm
As a registered Republican it sickens me to see the vitriol displayed by some of the people on this blog. Though I may have not agreed with some of Obama's positions, it disgusts me to listen to the attacks against him. If you are representative of greater Pleasanton thought, I worry for the future of our community. It is this hatred that rots our society from the inside out. Shame on you.
Posted by Julie, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 15, 2009 at 10:03 pm Julie is a member (registered user) of PleasantonWeekly.com
Stacey, don't trouble yourself over the comments of someone who has already passed judgment on the entire presidency of a man (as well as already predicted the 2012 election) based on such incomplete information (1/48th or .021 of Obama's presidency). Geez, and someone said YOU have a crystal ball?
Posted by Pleasanton Mom, a resident of the Mission Park neighborhood, on Feb 16, 2009 at 9:50 am
What a crack up. The end of the U.S. as we know it because of President Obama? Where have you all been the last 8 years? President Obama has inherited a mess. All those people who did and said nothing while the previous administration practically DESTROYED our country, economically, socially, morally, should just be quiet now. I, for one, love our country and hope our President is successful. I am also willing to give him a chance - because Lord knows what the last bunch did was a mess. To suggest that nothing should be done pretty much says you are not hurting from this crisis. My guess is that your tune would change if your were hungry, jobless and close to homeless as so many of our brothers and sisters are.
Posted by Julie, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 9:59 am Julie is a member (registered user) of PleasantonWeekly.com
Amen, Pleasanton Mom! Some people must have been getting wealthy off the last administration! Bush inherited a SURPLUS from Clinton....all I can say is Poor Obama. I'm surprised anyone would want to even be President and deal with this fallout from the last 8 years.
Posted by Concerned, a resident of the Las Positas neighborhood, on Feb 16, 2009 at 10:22 am
Julie & Pleasanton Mom: I couldn't agree with you more. I love to hear the far, far (away) right complain about Obama trying to fix the mess that the Republicans & that administration single-handedly put us in. It is very typical of those types of people though, to quickly point fingers at the other side, especially if its the side they did NOT vote on. We've sat back for the last 8 years & watched our country go downhill. If the far, far (away) right has a better (logical) solution, they should voice it. All they've done is stomp their feet & complain. The problem is that they DONT have an answer for the mess they've put us in, and this is all they have left. Complain & judge. But, that is typical, so we shouldn't be suprised when we hear or read it.
Posted by mary, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 10:42 am
While I agree with most of what the ladies are saying, I disagree with your far far left statement. The Repubs and that administration did not "single-dandedly put us in" this mess. They, too, inherited the terrorism from Clinton. Regardless of how we thought they handled it...Bush inherited 9/11 which has resulted in a huge portion of the mess. Regarding the greed of wallstreet mess, that goes back multiple administrations and has been growing and growing. It merely finally burst.
Here is the main problem. Everyone blaming the previous administration. In the end, it is a continuous build-on from every leadership we've had. It is also about our country leaning so far right and so far left, rather than finding a middle.
I suggest we all try to find a way to come together...nearer to the center.
Posted by Resident, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 11:01 am
I don't typically participate in these discussions but must ask that those I consider my Pleasanton & Livermore "neighbors" stop bashing Ruby Hill at every possible opportunity (see above). I would think that those who love our democracy and the beauty and security of Pleasanton/Livermore as much as I do, would stop criticizing those folks who pay most dearly for it. It's incredibly hard to explain to children when they are criticized by other children about where they live in the same town! We all know where they learn it, and who's words they are repeating, so grow up, and teach you children some non-judgemental values that will serve them better. It's really hurtful and downright un-neighborly.
Posted by mike, a resident of the Del Prado neighborhood, on Feb 16, 2009 at 11:10 am
FYI, our economy went down the tubes AFTER the Demoncats took over the Congress. It's funny that you libs don't bother to mention that. Congress holds the purse strings to all of Gov't spending. It was also the Demoncats who forced banks, via legislation, into loaning money to people who could not afford to buy their homes. Home ownership is not a right.
Posted by Concerned, a resident of the Las Positas neighborhood, on Feb 16, 2009 at 11:41 am
Mary: I agree with you that this is a build up, however that lack of attention & the carelessness over the past decade has me very frustrated that certain groups of people are so ready & willing to write off a man who's been in the White House for 2 whole minutes (yes, that is sarcasm). I'm a Moderate Independent & my response was very far left because most of these posts are so far right. There most definitely needs to be a middle ground, but that will be difficult to obtain with so much hate & ignorance out there. That is why I say, if anyone has a better (logical) solution to our economic mess, let's hear it before throwing stones, which has already happened. Some people see the middle as "weak" or use the "if you're not with us, you're against us" lines. This thinking is what will continue to divide us.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 12:04 pm
For full disclosure, I'll just say that I'm a registered Libertarian, so I have no "dog in this fight". Since the whole focus of this article was about the stimulus plan, I'd like to get us back on track. The purpose of this stimulus package was to inject money into the economy via jobs and spending. I have no problem with that proposal. I DO, however, have a problem with all of Congress' added "pet projects" and social activism programs (as Obama pointed out there are no earmarks, but they're are several hundred "pet projects"...is there a difference??) Congress is and forever will be indebted to the lobbyists (the people who actually wrote this stimulus plan, don't fool yourself) and to anyone who funds their re-election campaigns. This is the real problem. We, the constituents, are chumps. Goodbye sweet America.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 16, 2009 at 12:09 pm
"Don't want to be an American idiot.
One nation controlled by the media.
Information age of hysteria.
It's calling out to idiot America."
Practical solutions for real world problems will not be solved by ideologues. A public that chooses to allow itself to form opinions and make decisions based upon soundbites controlled by those in power and broadcast by a media more interested in advertising dollars than facts will find itself further and further under authoritarian control.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 12:58 pm
So??? I'm saying, don't assume he's coming from a lefty point of view, despite the fact that he's a celeb. I actually TOTALLY agree with what you said, "Practical solutions for real world problems will not be solved by ideologues. A public that chooses to allow itself to form opinions and make decisions based upon soundbites controlled by those in power and broadcast by a media more interested in advertising dollars than facts will find itself further and further under authoritarian control.".....I'm not sure if you see Obama as an ideologue by I certainly do. I also think that the media (excluding talk radio) definitely tends to lean left and that the "soundbites" you refer to tend to be left-leaning rhetoric as well.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 1:09 pm
Why the secrecy? When you spout off political opinions, it's usually helpful to let people know which point of view you're coming from. You have very partisan views but you don't want anyone to assume that you're a Democrat, or liberal. I'll respect your opinion no matter your position on the spectrum...but don't deny being on the spectrum all together.
Posted by vbh, a resident of the Amador Estates neighborhood, on Feb 16, 2009 at 1:13 pm
OBAMA Equals DISASTER:
By their actions ye shall know them. By now we are seeing an ominous pattern of actions by the O administration. We know that President Obama is a very slick liar indeed, but then so was Bill Clinton. But Clinton had a smaller majority in Congress, and was forced to compromise after the Gingrich Congress was elected in 1994. It is still possible that Obama may turn toward the mainstream. But the early omens look dark.
Foreign and military affairs
There is a reason why Israel s voters are suddenly turning to the center-Right Netanyahu and Likud. They fear that for the first time since Harry Truman, an American administration is turning against the Jewish State. Obama s first phone call after the election was made to Mahmoud Abbas. His first television interview was with Al Arabiya. The appointments of Samantha Power and Susan Rice bode ill for the entire Middle East. A meeting with Hugo Chavez -- to negotiate what, exactly? Forthcoming recognition of radical Islamofascist Iran on their terms, not ours, are all ominous straws in the wind. Richard Holbrooke has just infuriated two crucial governments in Pakistan and Afghanistan, by predicting their doom, and still was appointed special envoy to those governments.
The O's just announced a 10% cut in the planned increase* in the defense budget, while the overall budget deficit has just risen by two trillion dollars. That may signal a Carteresque drawdown in our burdened military. This is not the time to lower our guard, but like Jimmy Carter, the O administration is betting against history.
We now know that in violation of Federal law, the Obama campaign started negotiations with Iran, Syria and perhaps Hugo Chavez long before American voters elected O. That flagrant disregard for the law and for simple propriety signals a radical turn Left. If that is accurate, expect the Obama administration to start a scapegoating campaign against Binyamin Netanyahu if he becomes Prime Minister. That would be the first time that any American administration has turned against an elected leader of a vigorous, pro-American democratic ally. The voters in Israel may be preparing to go it alone if necessary. It would be difficult, but it can be done.
Flunking Econ 101
The O administration has some sensible economic voices, but they don't seem to carry much clout. Larry Summers is fairly mainstream, Robert Reich is turning radical, and Paul Krugman is a hair-pulling wild man. The so-called stimulus bill is pure political payoff to Democrat city machines, the teachers' unions, and faithful leftwing armies like ACORN. Those 1.17 trillion dollars are not designed to stimulate normal economic activity, defined as products and services that Americans want and will work for -- which is what "supply and demand" really means, after all.
The economy is one gigantic incentive machine. Take away the incentive value of work and buying things, and yes, you will get a very bad recession. And no, Nancy Pelosi has it wildly wrong by arguing that more subsidized birth control means more wealth per person, for those who are actually born. The administration is even ignoring the first-grade lessons of the Smooth-Hawley with its buy-American provisions in the House bill. Suddenly alarmist headlines are appearing in the worshipful European press. Will the US turn protectionist under Obama? Watch what the Senate does with the outlandish House bill, and we will know the answer.
Future generations are being burdened with this second trillion dollar payoff in a few months -- after the first trillion bucks for TARP. But fear not. The O administration is promising yet more trillions in spending, under the mad delusion that the New Deal didn't spend enough on things people didn't want. The stock market is signaling fear and doubt. So far, the market looks to be right.
A Commissar style of governance
Vladimir Lenin pioneered a double-layered style of control by Soviet Party Commissars. Every government official and military officer was doubled by a Party Commissar, who wielded the real power. The result was wild swings between radicalization and stagnation in the USSR. Nobody could act without worrying about the local Commissars, who owed their real allegiances to the Kremlin. Obama is using a similar strategy by directing Samantha Power to go wherever new SecState Hillary Clinton goes.
Those two ladies hate each other, even before Power called Hillary "a monster" during the primaries. Power will report on Hillary to the White House. The Obamas are introducing a parallel staff for the major departments in the White House, to keep a jealous eye on its own appointees. The Clintons did this with the Justice Department, where Jamie Gorelick was the real power at Justice, and Janet Reno became the PR front. We know about the results in a suicidal anti-terror policy, the cynical return of the little refugee boy Elian Gonzalez to the Castro tyranny, and the Waco massacre.
A Government-Media fusion
Karl Marx told his followers "First, conquer the Organs of Propaganda." In Marx's Germany there was no free press. Britain was one of the few examples of relative freedom in Europe, which is why Marx ended up being a foreign correspondent in London, as a ferocious public enemy of capitalism and elected governments.
Last week we found out that Rahm Emmanuel, George Stephanopoulos, James Carville and Paul Begala have been carrying on daily, hour-long conference calls for the last 17 years, even while they were hopping from one top job to another in the White House, ABC News, and various liberal political campaigns. If you think all the big media sound oddly similar, we now now why.
A lockstep alliance between government and the big media is a marker of radical Leftist rulers. Putin just had a couple of more journalists murdered in Moscow. That is not likely to happen here, but then, it wont be necessary. The big media are already PR flacks for the Left. Well, just to make that relationship of buyer and bought explicit, a Boston Globe journalist has just proposed a special Federal bailout for newsies who have utterly destroyed their own audiences. Somewhere in Hell Jozef Goebbels is smiling.
Appointing openly corrupt officials
Obama's no-lobbyist rule is now a public joke. Confessed tax cheaters were propopsed for top positions, like Tom Daschle and Timothy Geithner. Big lobbyist power couples in Washington are being drawn in, including the Daschles. And of course we have the endless Congressional show of Democrat corruption by Charlie Rangel, Chris Dodd and far too many others.
The appointment of radical Greenies to positions like the "Science Czar" -- a huge self-contradiction -- are sending very bad signals to the giant Federal research establishment.
Moving against conservative media
Immediately after the election, Fox News and Washington Times reporters were thrown off the Obama campaign plane. Obama's first television interview just took place with terror-supporting Al-Arabiya TV, an Islamist riff on CNN. A Republican FCC member has warned that a disguised censorship rule giving local leftist groups additional "community input" into radio license renewals may become law by administrative fiat.
That's what we are seeing so far. Keep a sharp eye out in the coming weeks and months. Let's hope the O's will see reason somehow. But so far, the signals sent by their actions are ominous.
Posted by Reference, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 1:32 pm
Just to clarify, vbh neglected to quote his/her source of information for the text pasted above: this was an opinion piece in a recent edition of "American Thinker", a very conservative online newsletter, which is a favorite of Rush Limbaugh.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 16, 2009 at 1:33 pm
The only political opinion I thought I wrote in this thread was the Green Day quote followed by my take on ideologues. The perceived secrecy was on purpose in order to allow Mike to show off.
For your benefit, I'm registered as non-partisan. I lean left on some things and right on others. I also lean towards non-authoritarianism, which is usually called being libertarian. The Libertarian party tends to be a mixed bag both right and left socially and economically. Historically, the party has been ineffectual.
Posted by mary, a resident of the Del Prado neighborhood, on Feb 16, 2009 at 1:58 pm
...and therein lies the problem, Kelly. Our two parties (the only ones that seem to ever have control) have evolved to the far right and far left. Those that are a blend, and better represent the whole of the American people, rarely get enough bite and are all ineffectual.
Posted by mary, a resident of the Del Prado neighborhood, on Feb 16, 2009 at 2:09 pm
Concerned, Thank you for your reply. I do see what you are getting at. I think that we see no more far right reaction to Obama than we saw far left reaction to Bush and also far right reaction to Clinton, and so on and so on. All would likely agree that Bush was the worst leader ever (admittedly, I voted for him) but every time a president is elected, the other side reacts in its usual extreme leaning way. It is truly a conundrum.
My friends from Ireland do not understand why we are so deeply entrenched in our two party system and I have often pondered how we dig out of this situation.
For now, and as a center leaning conservative, I am hopeful and forcing myself to be patient with our new president. That doesn't mean I'm not afraid, since at times he appears to be the vision of an inexperienced youngster touting his win and wanting his way...but I am hopeful and will stand by the vote we all cast and the promise we hold as a people.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 2:34 pm
Mary, I completely agree with your sentiment. Unlike the Bush-haters we had for eight years, I do support Obama and wish him success, because his success is ours. We've become so entrenched in a two-party system, when neither one truly represents the People. Our founding fathers recognized that the best government is one which governs the least. Hopefully this stimulus package won't ruin this country for generations to come, but I'm not very hopeful.
Posted by Concerned, a resident of the Las Positas neighborhood, on Feb 16, 2009 at 3:13 pm
Mary: I agree with you & I wish we had more citizens with your sentiment speaking up. Yours is one of the only ones making any sense. If we only had more politicians willing to truly work together for the better of the country & not their own agenda, we'd be in much better place than we are now. In terms of the economic stimulus bill, as I've said, we just don't see very many other options available to us. Obama was talking about this plan before he was elected, so I don't see why everyond is so shocked about it now. Yes, we'll pay for this for a long time to come. However, I'm scared of the thought of losing my job, or my husband losing his, just as much as the next person still lucky enough to work. I have children that will pay for this, as millions of others do. Its hard enough to live in this state (and getting harder, which should be another topic) so if this will help create jobs & help get our economy back on track, then so be it. I'm saying, let this play out & go from there. This is no time to throw in the towel & finger point as many are so quick to do.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 3:25 pm
I think the problem most of us opposed to the stimulus package have is that Congress has added billions of dollars in pay-offs to those who got them and keep them in office. If they took out these attempts at social activism and "pet projects", I would agree with you that it's a necessary evil. I'm not "throwing in the towel" but I do believe it's necessary to speak up when you see corruption.
Posted by Mike, a resident of the Del Prado neighborhood, on Feb 16, 2009 at 3:28 pm
Do not put your trust into any politician. They are all liars and they only want power. That's the problem with you gals. You want out Failed President and his failed policies to make sure you have a job, something to eat, and take care of your housing. If you want the gov't to take care of your needs you should move to China, North Korea, or Cuba. Ask the citizens of those countries how much they like living there. I'll even pay for you and your family's moving expenses.
Posted by entertained, a resident of the Bridle Creek neighborhood, on Feb 16, 2009 at 5:26 pm
This is a great thread. As a European transplant, some 20 years now and very much at home here, I am always amazed by these left and right discussions. From a true political standpoint there really is no left in this country. It's just a question of how far to the right do we lean. The main point here is that truly socialist countries do not think of Obama or the democrats as socialist allies. They are just less concerned about their policies than a republican government.
Unemployment and lack of investment/spending will end the dream for all of us if not corrected. With the main investment houses borrowing $700Bn from us, who could be unemployed next week, and not providing the lenders, again us, without any real accountability for where the money is going or demonstrating how it is being used to boost the economy, we should be rightly concerned about the real intentions of those who have the ability to alter all of our futures. Government has a role to play here because individual investors/stockholders have no power unless there individual holdings are in the 3% + range. For most people the investments they have are in the form of mutual funds leaving the real voting power with guess who? The investment companies. Trust me, there is a need for oversight here.
Posted by yt, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 6:34 pm
Hmmmm...I wonder if the Obama Censorship Policy is already being applied by this Pleasanton Newspaper. I just noticed that on the homepage of this online paper, the following posts were featured as "TOP POSTS" and in most cases, the number of replies were listed.
This posting of "With This CHANGE, there is NO HOPE" , with 46 replies thus far, was even more recent than one or two of their TOP POSTS, yet it was not featured as a TOP POST.
Hmmmm...could there be some discretionary editing by someone at the Pleasanton Weekly, because perhaps this Paper feels that anything said against Obama should not be as visible???
Posted by mary, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 7:18 pm
Kelly and Concerned,
Agreed! AND I also agree that the stimilus is very worrisome. In fact, I think it is atrocious that pet projects are included and that it is being treated as a usual budget rather than the emergency stimulus that it is.
It is interesting what you are describing and I've only heard a bit similar from my British and French friends. In fact, they fault thier left for the *demise of their own country* as they new it, due to the more extreme level of liberalism. What are your thoughts about that now that you've experienced both styles in action?
Mike, did the "living in China" routine and couldn't agree with you more. You won't find many Chinese, though, who are fighting the freedom or democracy cause anymore (like back in the Tienenman Square days). I could tell you some very restricting 'big brother' stories from there, but another time.
Glad I'm back in the USofA.
Lastly, YT, totally agree. The PW used to put them in order of activity but doesn't seem to be the case any longer. Oh well.
Posted by Thomas, a resident of the Golden Eagle neighborhood, on Feb 16, 2009 at 9:35 pm
For God's sake, Obama has only been in office for a month. Take a deep breath and remember where we have been the last eight (8) years. Time for a different perspective without a doubt. The recession and the wars (you name them). Come on republicans, time to accept responsibility and move on.
Posted by Kelly, a resident of the Birdland neighborhood, on Feb 16, 2009 at 10:24 pm
Thomas - Please spare us your partisan b.s. rhetoric and talk specifics. We were discussing the stimulus package. If you think we're overreacting or disagree with our opinions then state why and back up your reasoning. Simply chanting "change" and "hope" won't solve these enormous problems.
Posted by WhatEVER, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 16, 2009 at 10:31 pm
Funny - as Kelly said, "Please spare us your partisan b.s. rhetoric and talk specifics. We were discussing the stimulus package. If you think we're overreacting or disagree with our opinions then state why and back up your reasoning." Simply chanting BAD "change" and NO "hope" won't solve these enormous problems.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 16, 2009 at 10:46 pm
As much as some would like, it is nearly impossible on this forum to discuss the stimulus package in a rational and reasonable manner, especially when the introductory post starts out playing the blame game. All that can really be done is helping others show off their vitriol.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 16, 2009 at 11:03 pm
By the way, for those serious about the stimulus package, a good first step is to read it: Web Link
Then be sure to participate in the White House's public review period and provide your feedback: Web Link I'm sure opinions will be given greater weight if written politely and free of personal attacks.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 17, 2009 at 10:34 am
Jimmy Carter wasn't president of Iceland: Web Link
"Iceland's Economic Meltdown Is a Big Flashing Warning Sign
It turns out that Iceland, despite its coalition governments and Nordic social values, became a poster child for neoconservative economic policies inspired by Milton Friedman during the past decade.
Under the leadership of Prime Minister David Oddsson and explicitly inspired by Friedman, Iceland's neoconservative young Turks implemented a radical (but now familiar) program of privatization, tax cuts, reductions in spending and deficits, inflation targeting, central bank independence, free trade and exchange rate flexibility. Corporate taxes were cut from 50 percent down to 18 percent. Privatization and deregulation were driven directly through the prime minister's office, and the major banks were privatized.
Iceland's economic collapse wasn't caused by the subprime crisis or by the Wall Street shenanigans in the biggest economic powerhouse in the world. Instead, it was caused by the same Friedman-inspired economic policies being independently applied in one of the smallest countries in the world."
Posted by Mac, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 17, 2009 at 2:42 pm
So it seems that what is being blamed solely on Bush and his lackeys (the economic meltdown) also exists in other countries with different government styles and values. Very interesting. This lack of insight seems to have been all over the globe.
In 1999, under pressure from the Clinton administration, Fannie Mae, the nation's largest home mortgage underwriter, relaxed credit requirements on the loans it would purchase from other banks and lenders, hoping that easing these restrictions would result in increased loan availability for minority and low-income buyers. Putting pressure on the GSE's (Government Sponsored Enterprise) Fannie Mae and Freddie Mac, the Clinton administration looked to increase their sub-prime portfolios, including the Department of Housing and Urban Development expressing its interest in the GSE's maintaining a 50% portion of their portfolios in loans to low and moderate-income borrowers.
Posted by Stacey, a resident of the Amberwood/Wood Meadows neighborhood, on Feb 17, 2009 at 4:39 pm
And Clinton also kept Alan "Shocked Disbelief" Greenspan in place, keeping those interest rates low in order to add fuel to the artificial high, which in turn forced investors seeking higher interest rates from repackaged derivatives (aka sub-prime mortgage loans). It was a giant house of cards and both parties are responsible. So much for the Chicago school.
It's not really a free market if the interest rate is set by the government's central bank instead of the market, is it? A hybrid system cannot have its parts deregulated at the whim of an ideology without consequences. Ideologies ignore human nature, such as GREED.
Posted by Ralphie, a resident of the Canyon Oaks neighborhood, on Feb 18, 2009 at 11:14 am
Yes for sure.
CHILLING WORDS FROM TEN YEARS AGO:
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''