Obama’s record so far is impressive

WoodPeckr

Protuberant Member
May 29, 2002
46,949
5,770
113
North America
thewoodpecker.net
Eugene Robinson: Obama’s record so far is impressive

Eugene Robinson—Washington Post Writers Group
Updated: November 09, 2009, 9:05 AM

It’s been a year since a healthy majority of American voters elected Barack Obama to change the world. Which is precisely what he’s doing.

Like many people who desperately want to see the country take a more progressive course, I quibble and quarrel with some of President Obama’s actions. I wish he’d been tougher on Wall Street, quicker to close Guantanamo, more willing to investigate Bush-era excesses, bolder in seeking truly universal health care.

But he’s a president, not a Hollywood action hero. Most of my frustration is really with the process of getting anything done in Washington, which is not something Obama can unilaterally change, nimbly circumvent or blithely ignore. One thing the new administration clearly did not anticipate was that Republicans in Congress would be so consistently and unanimouslyobstructionist— or that Democrats would have to be introduced to the alien concept of party discipline. It took the White House too long to realize that bipartisanship is a tango and that there’s no point in dancing alone.

Step back for a moment, though, and look at Obama’s record so far. His biggest accomplishment has been keeping the worst financial and economic crisis in decades from turning into another Great Depression. Yes, the $787 billion stimulus package was messy, but most economists believe it was absolutely necessary. Yes, Obama continued the Bush-era policy of showering irresponsible financial institutions with billions in public funds. Yes, the administration bailed out the auto industry.

But these and other actions convinced the financial markets that the White House would do anything to avoid a complete meltdown. The economy grew at a rate of 3.5 percent in the third quarter and, while unemployment may not yet have peaked, the odds of a strong and fairly swift recovery have greatly improved.

Responding to the crisis required creating an enormous fiscal deficit that Obama will spend years trying to cut down to size. But not even the most conservative economists recommend attacking the deficit before the economy is stabilized on a path of growth.

On national security, Obama moved at once to categorically renounce torture—a big step toward removing the ugly stain that George W. Bush and Dick Cheney left on our national honor. It looks as if Obama will miss his self-imposed one-year deadline for closing the Guantanamo prison, but a delay of a few weeks or months will be worth it if the administration

succeeds in developing a comprehensive legal framework for bringing terrorism suspects to justice.

Obama should have supported a full-blown investigation into apparent Bush-era violations of national and international law. And, at a minimum, he should allow the limited torture probe ordered by Attorney General Eric Holder to follow the evidence wherever it might lead.

But at least the administration is on schedule in withdrawing combat troops from Iraq. I don’t think Obama knows the right answer on Afghanistan; I’m not sure anybody does.

Obama’s months in office have been so action- packed that it’s easy to forget some of the historic steps he has taken: Nominating Justice Sonia Sotomayor, the first Hispanic, to the Supreme Court. Going to Egypt and speaking directly to the Muslim world about cooperation rather than conflict. Embracing multilateralism as the template for U. S. foreign policy. Accepting the scientific consensus on climate change. Investing in “green” jobs and education reform as key engines of economic development.

And then there’s health care reform. Obama has brought us to the brink of truly meaningful reform much faster than anyone could have imagined a year ago. It looks clear that the principle that everyone is entitled to health insurance, a Democratic Party goal for at least six decades, is about to become law.

Quite a record for 287 days: All that, and a Nobel Peace Prize, too.
 

papasmerf

New member
Oct 22, 2002
26,530
0
0
42.55.65N 78.43.73W
Opinions vary.
 

blackrock13

Banned
Jun 6, 2009
40,084
1
0
condidering he's only been in for a year, and with that many issues to deal with , he has done a formidible job.i mean if ya look at the Bush men, both failed in war, and the economy..then a Democrat had to come in, piss off the racist constituency of the right wing , and had to fix all their problems
... 'and then had to fix all their problems' now if not sooner. Well said.
 

Gyaos

BOBA FETT
Aug 17, 2001
6,172
0
0
Heaven, definately Heaven
Health care for all, but what cigarettes does Obama smoke?
Where are the jobs?

He's prolonging the recession and is not financially educated.
Even Oprah is out of Chicago. The eggs are hitting her car windows.

Gyaos.
 

danmand

Well-known member
Nov 28, 2003
46,985
5,589
113
The world looks differently at the US today.
 

blackrock13

Banned
Jun 6, 2009
40,084
1
0
Health care for all, but what cigarettes does Obama smoke?
Where are the jobs?

Even Oprah is out of Chicago.
Gyaos.
I see that the sensitivity classes are working. No mention of her being calorie- challenged here. Well done.

As for The Obama cigarettes, he seems to be such a hard case, it's worth a headline/cover or 2.

At his press conference this afternoon, President Obama, who calls himself a "former smoker," acknowledged that he still occasionally falls "off the wagon."

The president said that he does not smoke in front of his kids or the rest of his family, and compared his situation to that of a recovering alcoholic.

"I've said before that as a former smoker I constantly struggle with it," the president said. "Have I fallen off the wagon sometimes? Yes. Am I a daily smoker, a constant smoker? No."

"I would say that I am 95 percent cured, but there are times where, there are times where I mess up," he added.

Mr. Obama invoked Alcoholics Anonymous in discussing grappling with his craving for cigarettes.

"I don't know what to tell you, other than the fact that, you know, like folks who go to A.A., you know, once you've gone down this path, then, you know, it's something you continually struggle with, which is precisely why the legislation we signed was so important, because what we don't want is kids going down that path in the first place," he said.

The president yesterday signed legislation granting regulatory responsibility over tobacco products to the Food and Drug Administration.

He complained in the press conference that he is asked about his smoking "every month or so," but said he understands because the topic is "an interesting human interest story."

This was the first clear response the White House has offered on Mr. Obama's smoking since he took office.

Mr. Obama also teased a reporter for tying the question to the legislation he signed Monday, which he said is focused on children, not adults. "You just think it's neat to ask me about my smoking," the president said.


http://www.cbsnews.com/blogs/2009/06/23/politics/politicalhotsheet/entry5106579.shtml

nowhere near 'it's my life my right, fark off.

I'd rather have a smoker of his caliber than the born again booze hound Bush.
 

Gyaos

BOBA FETT
Aug 17, 2001
6,172
0
0
Heaven, definately Heaven
The president said that he does not smoke in front of his kids or the rest of his family.
He smokes, and he's drafting the health care bill forcing 300 Million people to purchase a health insurance? An insurance. LOL, with what money, exactly?

WHERE ARE THE JOBS. Answer that one?
He dropped his tax credit proposal to hire Americans.
Tax money went to green energy companies to hire Americans, they ended up firing Americans, closed American plants and went to China with that cash. Well done Obamanomics.

Gyaos Baltar.
 

danmand

Well-known member
Nov 28, 2003
46,985
5,589
113
He smokes, and he's drafting the health care bill forcing 300 Million people to purchase a health insurance? An insurance. LOL, with what money, exactly?

WHERE ARE THE JOBS. Answer that one?
He dropped his tax credit proposal to hire Americans.
Tax money went to green energy companies to hire Americans, they ended up firing Americans, closed American plants and went to China with that cash. Well done Obamanomics.
Jobs have been exported to China and India, as well as Mexico, for the last 20 years. It is a bit much to blame this on Obama.
 

blackrock13

Banned
Jun 6, 2009
40,084
1
0

Gyaos

BOBA FETT
Aug 17, 2001
6,172
0
0
Heaven, definately Heaven
OBAMA & BUDDY SHIPS "GREEN JOBS" to CHINA

Do you have proof Gyaos, that those jobs went to China?..i haven't heard of this.....any link?
Obama and buddies ship American "green" jobs to China using US tax dollars. Keep smoking, your health insurance will not be allowed to refuse you from puffing up and making your lungs black. This is one of many as Obama keeps voting "present" as a US President.

Gyaos Baltar (Hillary 2012).
=====================================================
Boston Firm Ships 'Green Jobs' to China

http://www.thefoxnation.com/business/2009/11/06/boston-firm-ships-green-jobs-china-0

President Obama and the Democratic majority in Congress are spending billions of tax dollars to subsidize development of "green jobs" - positions for people and companies designing and manufacturing alternative energy sources such as biomass, wind and solar.

One of Obama's buddies, Gov. Deval Patrick of Massachusetts, is also a vocal advocate of such subsidies. Last year, Patrick put Massachusetts taxpayers' money where is mouth is by backing a $58 million package of incentives and subsidies to Evergreen Solar, which manufacturers collector panels used in solar energy units.

Now barely a year later, Evergreen has announced that it is moving its final assembly phase to a factory in China, according to the Boston Globe. The firm's Devens, Massachusetts, plant currently employs 577 full-time and 230 contract workers in designing and manufacturing the silicon wafers and cells that are then assembled into panels.
 

Malibook

New member
Nov 16, 2001
4,613
2
0
Paradise
www.yourtraveltickets.com
I like Obama and think he is an honourable man with good intentions but I think he is clueless on the economy and Wall Street corruption.
Bernanke, Geithner, and Summers are scum.
I don't believe that they are incompetent.
They know exactly what they are doing and it is a disgrace.

This is a great enlightening documentary.

The Warning
Monday November 9, 2009 at 10 pm ET/PT & Sunday November 15 at 8 pm ET on CBC News Network

"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC). In the late 1990's she not only warned of the potential for economic meltdown, but also tried to convince the country's key economic power brokers to take actions that could have helped avert the crisis. In the devastating aftermath of economic meltdown, The Warning sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently."They were totally opposed to it," Born says of her warning. "That puzzled me. What was it that was in this market that had to be hidden?"

The Warning unearths the hidden history of North America's worst financial crisis since the Great Depression. At the center, veteran PBS producer Michael Kirk (Inside the Meltdown) discovers Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

"I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury Secretary Robert Rubin -- convinced him that Born's attempt to regulate the risky derivatives market could lead to financial turmoil, a conclusion he now believes was "clearly a mistake."

Born's battle behind closed doors was epic, Kirk finds. The members of the President's Working Group vehemently opposed regulation -- especially when proposed by a Washington outsider like Born.

"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"

Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives. "Born faced a formidable struggle pushing for regulation at a time when the stock market was booming," Kirk says. "Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves."

Now, with many of the same men who shut down Born in key positions in the Obama administration, The Warning reveals the complicated politics that led to this crisis and what it may say about current attempts to prevent the next one.

"It'll happen again if we don't take the appropriate steps," Born warns. "There will be significant financial downturns and disasters attributed to this regulatory gap over and over until we learn from experience."

The Warning is a co-production between the Kirk Documentary Group and Frontline. The writer and director is Michael Kirk.


This guy sees reality quite clearly imho.

(1 of 3) Steve Keen on debt and the economy: How do we pay for all this? Oct 09.
http://www.youtube.com/watch?v=E0YC2PLnWRA&feature=player_embedded
 

danmand

Well-known member
Nov 28, 2003
46,985
5,589
113
I like Obama and think he is an honourable man with good intentions but I think he is clueless on the economy and Wall Street corruption.
Bernanke, Geithner, and Summers are scum.
I don't believe that they are incompetent.
They know exactly what they are doing and it is a disgrace.

This is a great enlightening documentary.

The Warning
Monday November 9, 2009 at 10 pm ET/PT & Sunday November 15 at 8 pm ET on CBC News Network

"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission (CFTC). In the late 1990's she not only warned of the potential for economic meltdown, but also tried to convince the country's key economic power brokers to take actions that could have helped avert the crisis. In the devastating aftermath of economic meltdown, The Warning sifts through the ashes for clues about why it happened and examines critical moments when it might have gone much differently."They were totally opposed to it," Born says of her warning. "That puzzled me. What was it that was in this market that had to be hidden?"

The Warning unearths the hidden history of North America's worst financial crisis since the Great Depression. At the center, veteran PBS producer Michael Kirk (Inside the Meltdown) discovers Brooksley Born, who speaks for the first time on television about her failed campaign to regulate the secretive, multi-trillion-dollar derivatives market whose crash helped trigger the financial collapse in the fall of 2008.

"I didn't know Brooksley Born," says former SEC Chairman Arthur Levitt, a member of President Clinton's powerful Working Group on Financial Markets. "I was told that she was irascible, difficult, stubborn, unreasonable." Levitt explains how the other principals of the Working Group -- former Fed Chairman Alan Greenspan and former Treasury Secretary Robert Rubin -- convinced him that Born's attempt to regulate the risky derivatives market could lead to financial turmoil, a conclusion he now believes was "clearly a mistake."

Born's battle behind closed doors was epic, Kirk finds. The members of the President's Working Group vehemently opposed regulation -- especially when proposed by a Washington outsider like Born.

"I walk into Brooksley's office one day; the blood has drained from her face," says Michael Greenberger, a former top official at the CFTC who worked closely with Born. "She's hanging up the telephone; she says to me: 'That was [former Assistant Treasury Secretary] Larry Summers. He says, "You're going to cause the worst financial crisis since the end of World War II."... [He says he has] 13 bankers in his office who informed him of this. Stop, right away. No more.'"

Greenspan, Rubin and Summers ultimately prevailed on Congress to stop Born and limit future regulation of derivatives. "Born faced a formidable struggle pushing for regulation at a time when the stock market was booming," Kirk says. "Alan Greenspan was the maestro, and both parties in Washington were united in a belief that the markets would take care of themselves."

Now, with many of the same men who shut down Born in key positions in the Obama administration, The Warning reveals the complicated politics that led to this crisis and what it may say about current attempts to prevent the next one.

"It'll happen again if we don't take the appropriate steps," Born warns. "There will be significant financial downturns and disasters attributed to this regulatory gap over and over until we learn from experience."

The Warning is a co-production between the Kirk Documentary Group and Frontline. The writer and director is Michael Kirk.


This guy sees reality quite clearly imho.

(1 of 3) Steve Keen on debt and the economy: How do we pay for all this? Oct 09.
http://www.youtube.com/watch?v=E0YC2PLnWRA&feature=player_embedded
I saw the documentary. recommended viewing.
 

onthebottom

Never Been Justly Banned
Jan 10, 2002
40,721
100
63
Hooterville
www.scubadiving.com
ROTFLMAO......

In the words of SNL..... Nothing.....

OTB
 

landscaper

New member
Feb 28, 2007
5,752
0
0
"Bernanke, Geithner, and Summers are scum"

I totally agree!...but to blame everything that has happened in the ecnomy on th POTUS is futile...its the collective work of sleazy international bankers, past reckless administrations , a corrupt Congress and lie spewing lobbyists, who are backed by the 2% that own 50 percent of the money in the USA....if you put anyone in that chair, they'd probably be forced into to doing the same as Obama...Conservative or liberal
The point is he is in the chair and somehting has to be done to protect teh economy of the planet from the ones who created this mess in the first place. The unfettered sort of capitalism that infected the high earners on Wall street and Fleet street never should have happened . Now the same bunch are advising the guy who has to make the decisions, I am thinking a new idea or two over there would be a good thing, before the drain gets pulled and we all swirl down the pipes
 

Malibook

New member
Nov 16, 2001
4,613
2
0
Paradise
www.yourtraveltickets.com
"Bernanke, Geithner, and Summers are scum"

I totally agree!...but to blame everything that has happened in the ecnomy on th POTUS is futile...its the collective work of sleazy international bankers, past reckless administrations , a corrupt Congress and lie spewing lobbyists, who are backed by the 2% that own 50 percent of the money in the USA....if you put anyone in that chair, they'd probably be forced into to doing the same as Obama...Conservative or liberal
Of course I don't blame everything on Obama but he is responsible for the people that he appoints and surrounds himself with, as well as the decisions that he makes.
 

WoodPeckr

Protuberant Member
May 29, 2002
46,949
5,770
113
North America
thewoodpecker.net
ROTFLMAO......

In the words of SNL..... Nothing.....

OTB
bottie you are something else!....LOL

You really miss that....
"Real Economic Performance Dubya Delivered"....to Obama, eh.....:D
 

Berlin

New member
Jan 31, 2003
11,410
3
0
I like Obama and think he is an honourable man with good intentions but I think he is clueless on the economy and Wall Street corruption.

Bernanke, Geithner, and Summers are scum.
I don't believe that they are incompetent.
They know exactly what they are doing and it is a disgrace.

This is a great enlightening documentary.

The Warning
Monday November 9, 2009 at 10 pm ET/PT & Sunday November 15 at 8 pm ET on CBC News Network
Absolutely fair statement about Obama, Bernanke, Geithner and Summers.

I was quite surprised that Arthur Levitt ( then chairman of the SEC ) had the courage in admitting that he was indeed wrong about Born, while the other morons kept on dancing with the Wall Street big boys as if nothing happened.

Great but sad documentary. Sad because the clueless shit still goes on.
One can also watch it now in full at the PBS site :

http://www.pbs.org/wgbh/pages/frontline/warning/view/

It good that they included the Waxman vs Greenspan bit at the end. Just that 50 secs speak volume.
 
Toronto Escorts