What kind of change is this?

[orion]

I wish Obama could live up to the expectations he could bring positive change that would fullfill the EJ economic vision, but I see that he isn't all that different. Look at the articles coming out about his economics team;

From naked Capitalist;

http://www.nakedcapitalism.com/2008/...e-economy.html

and from William Buiter at Financial Times;

http://blogs.ft.com/maverecon/2008/1...oard/#more-358

Same old crony capitalism with a twist of socialism as long as the well placed get theirs first.

[metalman]

Re: What kind of change is this?

I wish Obama could live up to the expectations he could bring positive change that would fullfill the EJ economic vision, but I see that he isn't all that different. Look at the articles coming out about his economics team;

From naked Capitalist;

http://www.nakedcapitalism.com/2008/...e-economy.html

and from William Buiter at Financial Times;

http://blogs.ft.com/maverecon/2008/1...oard/#more-358

Same old crony capitalism with a twist of socialism as long as the well placed get theirs first.

heck, at the rate things of going the crashed economy will be his fault even before he's sworn in.

[orion]

Re: What kind of change is this?

Well if he doesn't look for some fresh blood and new ideas it should be partly his fault. I was very concerned to read how Rubin and Summers possibly had a hand in getting us to where we are today. What would be real change is he picks Ron Paul?

[metalman]

Re: What kind of change is this?

Well if he doesn't look for some fresh blood and new ideas it should be partly his fault. I was very concerned to read how Rubin and Summers possibly had a hand in getting us to where we are today. What would be real change is he picks Ron Paul?

my man ron paul as economic advisor, for sure.

[don]

Re: What kind of change is this?

heck, at the rate things of going the crashed economy will be his fault even before he's sworn in.

While watching the Gerald Celente video posted here the FOX propaganda machine was well oiled and running. The message flashing red meat to the masses: The Impact of the Obama Presidency!!!!

I don't expect anything but a continuation of a neo-liberal agenda with Barack but the essence of what Celente was saying was nobody can swiftly save this mess. Meanwhile FOX flashes: It's Obama, It's Obama.

Priceless unless you have FOX viewers among your acquaintances....

[D-Mack]

Re: What kind of change is this?

Well if he doesn't look for some fresh blood and new ideas it should be partly his fault. I was very concerned to read how Rubin and Summers possibly had a hand in getting us to where we are today. What would be real change is he picks Ron Paul?

I ask myself what Paul would do, I think he mentioned in the past he would bring the troops home and close the empire. That would also mean Germany, Korea etc. and because standing armies are threat to liberty the soldiers would probably be unemployed. I wonder how such a shift would affect the
economy

[metalman]

Re: What kind of change is this?

I ask myself what Paul would do, I think he mentioned in the past he would bring the troops home and close the empire. That would also mean Germany, Korea etc. and because standing armies are threat to liberty the soldiers would probably be unemployed. I wonder how such a shift would affect the
economy

standing armies are strictly a national return on investment deal. if they aren't making more than they cost, get rid of them. oil is plummeting, so cut the armed forces accordingly. easy decision... except what will they do for a living when they get home? ain't gonna get a job at circuit city.

[JayS]

Re: What kind of change is this?

I wish Obama could ...

Me too! Let him know here: http://www.change.gov/page/s/ofthepeople
"Office of the President-Elect"

We should be FLOODING this. As well as his Senate contact portal (although it's quite likely that your message will be auto-forwarded to your state's senator, of you're not from IL).

There's an old saying: "Wish in one hand, shit in the other - see which one gets filled first..."

EJ and iTulip should have a briefing book for Obama NOW.

From politico.com article: "Obama must quickly create budget"

Every group that cares about our nation’s fiscal health should strive to have a briefing book ready to put on the desk of President-elect Obama and the OMB director-designate by now. Those who wait until Jan. 20 will be way, way behind the curve. And Obama should move quickly to sift through these recommendations and have a deficit reduction plan ready to go as soon after Inauguration Day as possible. The success or failure of his administration is literally at stake.

[metalman]

Re: What kind of change is this?

Me too! Let him know here: http://www.change.gov/page/s/ofthepeople
"Office of the President-Elect"

We should be FLOODING this. As well as his Senate contact portal (although it's quite likely that your message will be auto-forwarded to your state's senator, of you're not from IL).

There's an old saying: "Wish in one hand, shit in the other - see which one gets filled first..."

EJ and iTulip should have a briefing book for Obama NOW.

From politico.com article: "Obama must quickly create budget"

nah, they will all be completely wrong. better to wait and see what happens. what if china vilifies the usa for causing it's economic meltdown?

[D-Mack]

Re: What kind of change is this?

standing armies are strictly a national return on investment deal. if they aren't making more than they cost, get rid of them. oil is plummeting, so cut the armed forces accordingly. easy decision... except what will they do for a living when they get home? ain't gonna get a job at circuit city.

If oil is down it's cheaper to run the military.
Without them I guess there would be noone to enforce the "Treasury bill standard" and the US would have to produce more of their stuff at home.

The US military oil consumption
by Sohbet Karbuz

The US Department of Defense (DoD) is the largest oil consuming government body in the US and in the world

“Military fuel consumption makes the Department of Defense the single largest consumer of petroleum in the U.S” [1]

“Military fuel consumption for aircraft, ships, ground vehicles and facilities makes the DoD the single largest consumer of petroleum in the U.S” [2]

According to the US Defense Energy Support Center Fact Book 2004, in Fiscal Year 2004, the US military fuel consumption increased to 144 million barrels. This is about 40 million barrels more than the average peacetime military usage.

By the way, 144 million barrels makes 395 000 barrels per day, almost as much as daily energy consumption of Greece.

The US military is the biggest purchaser of oil in the world.

[metalman]

Re: What kind of change is this?

If oil is down it's cheaper to run the military.
Without them I guess there would be noone to enforce the "Treasury bill standard" and the US would have to produce more of their stuff at home.

The US military oil consumption
by Sohbet Karbuz

The US Department of Defense (DoD) is the largest oil consuming government body in the US and in the world

“Military fuel consumption makes the Department of Defense the single largest consumer of petroleum in the U.S” [1]

“Military fuel consumption for aircraft, ships, ground vehicles and facilities makes the DoD the single largest consumer of petroleum in the U.S” [2]

According to the US Defense Energy Support Center Fact Book 2004, in Fiscal Year 2004, the US military fuel consumption increased to 144 million barrels. This is about 40 million barrels more than the average peacetime military usage.

By the way, 144 million barrels makes 395 000 barrels per day, almost as much as daily energy consumption of Greece.

The US military is the biggest purchaser of oil in the world.

so pay paul in chickens to guard chickens.

makes sense to me

[JayS]

Re: What kind of change is this?

nah, they will all be completely wrong. better to wait and see what happens. what if china vilifies the usa for causing it's economic meltdown?

metalman, I gotta be honest, I don't really get what you're saying. I've re-read this a few times. Help me understand. Are you suggesting that since it's possible that China will vilify us, it's a waste of time to promote our economic ideas to the incoming administration? Cause this possibility isn't going to stop any of the other lobbyists from promoting their agendas.

[metalman]

Re: What kind of change is this?

metalman, I gotta be honest, I don't really get what you're saying. I've re-read this a few times. Help me understand. Are you suggesting that since it's possible that China will vilify us, it's a waste of time to promote our economic ideas to the incoming administration? Cause this possibility isn't going to stop any of the other lobbyists from promoting their agendas.

sorry, i was vague. the question is, what are the priorities? macro level... competitiveness. under that... managing the debt deflation, restructure the financial system, promote education & saving & investment. what's your platform?