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A Glimmer of Hope for Obama?

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  • #16
    Re: A Glimmer of Hope for Obama?

    I'm willing to admit i'm probably pretty naive in a lot of ways. But, is it possible, in a naively positive way, that obama having written these books on hope, is actually in some way true to his written organic ideals. I don't recall another president having done such a thing; or are we in a new era of cynicism, one i believe so devoid of our reality of our interconnectivity it is sure to collapse?

    Comment


    • #17
      Re: A Glimmer of Hope for Obama?

      Originally posted by D-Mack View Post
      It would be interesting to hear what they talked about.
      Apparently some web sites got a hold of a partial transcript of what was said at the dinner!



      Stiglitz: How come Geithner and Summers get filet mignon and Krugman and me get cheeseburgers?

      Krugman: Can I get more fries and a beer?

      Summers: Hey Geithner, pass me that bottle of Lafite Rothschild.

      Volker: How fast is the price of that Rothschild going up?

      Geithner: Hey Stiglitz, Krugman! I'll give you a hundred bucks if you let me touch your nobel prizes!

      Summers: Ha ha ha ha ha!

      Krugman: Summers! My job at the times isn't looking so hot, think ya can get me in at Sachs?

      Summers: Sure! As soon as you start to support bailing out AIG.

      Obama: Hey Volker! Wanna shoot some buckets later?

      Stiglitz: Obama! Why don't you invite that Janszen to the next one of these?

      Summers: Nahh, he's too much of a trouble maker. Let him stay home with the rest of those doomers and start a Kazoo orchestra.

      Everyone: Ha Ha Ha Ha Ha Ha!

      Comment


      • #18
        Re: A Glimmer of Hope for Obama?

        The last guy who tried to introduce that much change did not finish his tour
        Dealey Plaza.




        Comment


        • #19
          Re: A Glimmer of Hope for Obama?

          Originally posted by seanm123 View Post
          The last guy who tried to introduce that much change did not finish his tour
          Dealey Plaza.




          He was popular though. He was popular.

          Gotta respect his attempt at introducing true Treasury notes instead of Federal Reserve notes. He wasn't afraid to piss people off, even "supporters" that felt they were "owed" for their role in his election. I think that made him even more popular and re-electable with the masses.

          I think the same would hold true for Obama, even if he changed his mind about the bail-outs, realizing that they were a failed policy. I don't agree that this would make him a one-term or unpopular President. I, as a conservative and registered republican, would respect him and probably vote for him if he showed that kind of independence and back bone. He's having some of the right meetings, but not yet acting on them. I still hold out HOPE, however, that he could actually be a great President. He has the intelligence, does he have the courage to turn his back on many of his powerful friends and supporters? Not so far after the first 100 days.
          "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

          Comment


          • #20
            Re: A Glimmer of Hope for Obama?

            Originally posted by seanm123 View Post
            The last guy who tried to introduce that much change did not finish his tour
            Dealey Plaza.




            The repercussions, not to mention the odds, of FIRE's candidate turning on them would be severe. The MSM could crush Obama like a grape. Simply pitching him as an earnest young man, with too little experience to handle our complex and challenging National Financial Emergency, would do the trick, much like Carter's purity of motive, to offset Nixon and Ford, was re-configured when no longer needed.

            Imagine that commentary working its way through every day's broadcasts, photos of Obama straining to be heard, looking a bit puzzled, earnest but not being listened to by the professionals he's addressing.

            A recent iTulip posting aired the swat concept of destroying one's enemies. The Dallas Option would be an unneeded Long Shot.

            Comment


            • #21
              Re: A Glimmer of Hope for Obama?

              Yesterday had lunch with a fellow who is in the Obama administration--a high-level GS something, maybe an appointee, I'm not sure.

              He said that he had "drunk the Obama Kool-aid" when it came to current efforts to fix the banking system. He said that actions advocated by Krugman, Dean Baker, Michael Hudson et al amounted to "nationalizing" the banks.

              Interesting that he chose the word "nationalizing" to damn the opposition.

              Comment


              • #22
                Re: A Glimmer of Hope for Obama?

                Originally posted by marvenger View Post
                I'm willing to admit i'm probably pretty naive in a lot of ways. But, is it possible, in a naively positive way, that obama having written these books on hope, is actually in some way true to his written organic ideals. I don't recall another president having done such a thing; or are we in a new era of cynicism, one i believe so devoid of our reality of our interconnectivity it is sure to collapse?
                he has certainly learned how to listen to his opponents arguments, understand them, then ignore them and do what he was gonna do anyway.

                Every speech sounds like ' some say that the way to prosperity is to fuel growth with savings instead of increased borrowing, and thats true BUT these times are desperate blah blah blah here's some more money AIG'

                Comment


                • #23
                  Re: A Glimmer of Hope for Obama?

                  His best strategy is to continue to balance the competing interests...and that would seem to be exactly what he is doing.

                  If the current financial system rescue efforts fail then he will need some high profile scapegoats to take the fall...
                  http://www.itulip.com/forums/showthr...ht=predictions
                  Amid falling poll numbers, President Obama will fire Larry Summers..."Larry Summers came to Washington to help me save 4 million jobs" the President will explain. "Unfortunately he seems to have forgotten that one of those was supposed to be mine". The President's parting words to Summers will be "...and take that boy wonder Treasury Secretary with you..." ;)
                  ...and if they succeed [as they appear to be at the moment] he needs to be seen to have had a hand in that going into the mid-terms next year for obvious reasons.

                  While he has to show support for his "team" appointments, Obama would not seem to carry the same multi-generation party affiliation baggage as "W" and therefore I doubt we'll see him leave non-performers in their positions out of a sense of loyalty the way Bush did.
                  Last edited by GRG55; May 08, 2009, 09:53 AM.

                  Comment


                  • #24
                    Re: A Glimmer of Hope for Obama?

                    Originally posted by swgprop View Post
                    Also in attendance: Paul Volcker, who has one foot in and one foot out of the administration as the head of Obama’s largely cosmetic economic recovery board .
                    Volcker, constantly made out to be as a half leper, will have his day in the light.

                    He is the dark horse that will be used as a market swaying boogeyman once inflation cometh. Expectations, expectations...

                    Comment


                    • #25
                      Re: A Glimmer of Hope for Obama?

                      Originally posted by rjwjr View Post
                      He was popular though. He was popular.

                      Gotta respect his attempt at introducing true Treasury notes instead of Federal Reserve notes. He wasn't afraid to piss people off, even "supporters" that felt they were "owed" for their role in his election. I think that made him even more popular and re-electable with the masses.

                      I think the same would hold true for Obama, even if he changed his mind about the bail-outs, realizing that they were a failed policy. I don't agree that this would make him a one-term or unpopular President. I, as a conservative and registered republican, would respect him and probably vote for him if he showed that kind of independence and back bone. He's having some of the right meetings, but not yet acting on them. I still hold out HOPE, however, that he could actually be a great President. He has the intelligence, does he have the courage to turn his back on many of his powerful friends and supporters? Not so far after the first 100 days.
                      If I were Obama, I'd be asking the folks at the dinner to agree on measurable performance benchmarks to know when/if the current policy is working. Then, make it clear that if it's not working, the strategy will be changed, along with some personnell.
                      raja
                      Boycott Big Banks • Vote Out Incumbents

                      Comment


                      • #26
                        Re: A Glimmer of Hope for Obama?

                        Originally posted by don View Post
                        The repercussions, not to mention the odds, of FIRE's candidate turning on them would be severe. The MSM could crush Obama like a grape. Simply pitching him as an earnest young man, with too little experience to handle our complex and challenging National Financial Emergency, would do the trick, much like Carter's purity of motive, to offset Nixon and Ford, was re-configured when no longer needed.

                        Imagine that commentary working its way through every day's broadcasts, photos of Obama straining to be heard, looking a bit puzzled, earnest but not being listened to by the professionals he's addressing.

                        A recent iTulip posting aired the swat concept of destroying one's enemies. The Dallas Option would be an unneeded Long Shot.
                        what really happened that day in dallas



                        as an american breaks your heart, makes you want to cry

                        Comment


                        • #27
                          Re: A Glimmer of Hope for Obama?

                          Originally posted by marvenger View Post
                          I'm willing to admit i'm probably pretty naive in a lot of ways. But, is it possible, in a naively positive way, that obama having written these books on hope, is actually in some way true to his written organic ideals. I don't recall another president having done such a thing; or are we in a new era of cynicism, one i believe so devoid of our reality of our interconnectivity it is sure to collapse?
                          I think its possible he may indeed MEAN to do what he says. Its just that those darn pesky politics get in the way. Like all politicians, he wants to have his cake and eat it too. Its easy to have hope/convictions when things go your way. The real test is when you have to face losing something to maintain those principles. Almost no politician today has that kind of character. If they did they'd probably lose.

                          I at least admire the guy for being a little bold. George Bush just sat on his hands most of two terms. Just worthless as a leader. Obama is refreshing in that regard. He actually seems to care at least at some level. Bush was so out of touch it was amazing.

                          Comment


                          • #28
                            Re: A Glimmer of Hope for Obama?

                            Originally posted by rjwjr View Post
                            He was popular though. He was popular.

                            Gotta respect his attempt at introducing true Treasury notes instead of Federal Reserve notes.
                            That is simply not true. My advice to everyone that believes this, is that they should set aside about 30 minutes to read the relevant sections of U.S. code and the executive orders.

                            I have read them and arrived at the same conclusion as G. Edward Griffin (author of The Creature from Jekyl Island): The JFK Myth

                            The subsequent issuance of U.S. Notes, therefore, had nothing to do with EO 11110. And that is the point of this analysis. Without that understanding, one cannot grasp the significance of the JFK executive orders.
                            Last edited by Slimprofits; May 09, 2009, 10:05 AM.

                            Comment


                            • #29
                              Re: A Glimmer of Hope for Obama?

                              Originally posted by flintlock View Post
                              I think its possible he may indeed MEAN to do what he says. Its just that those darn pesky politics get in the way. Like all politicians, he wants to have his cake and eat it too. Its easy to have hope/convictions when things go your way. The real test is when you have to face losing something to maintain those principles. Almost no politician today has that kind of character. If they did they'd probably lose.

                              I at least admire the guy for being a little bold. George Bush just sat on his hands most of two terms. Just worthless as a leader. Obama is refreshing in that regard. He actually seems to care at least at some level. Bush was so out of touch it was amazing.
                              Agree.

                              Politics is the art of the possible. Anybody who thinks that any President, from either party, can uproot FIRE interests [entrenched over decades] in 100 days is deluding themselves.

                              This entire Administration has been in crisis handling mode since being sworn in. No matter how well intentioned or motivated towards reform one may be, persistent crisis management is a difficult circumstance and can be relentless in draining energy from the most ambitious and energetic. The Prez has chosen to be the front man for this effort and, frankly, he looks pretty tired most every time he's in public now.

                              Let's be realistic...the corrective actions inherited from the past administration [Hank & Co.] had considerable momentum, and the sponsorship and participation of large numbers of the same people that are still involved today - Bernanke being merely the most prominent. Radical changes in direction are not in the cards...at least not yet.

                              Comment


                              • #30
                                Re: A Glimmer of Hope for Obama?

                                Originally posted by GRG55 View Post
                                Agree.

                                Politics is the art of the possible. Anybody who thinks that any President, from either party, can uproot FIRE interests [entrenched over decades] in 100 days is deluding themselves.

                                This entire Administration has been in crisis handling mode since being sworn in. No matter how well intentioned or motivated towards reform one may be, persistent crisis management is a difficult circumstance and can be relentless in draining energy from the most ambitious and energetic. The Prez has chosen to be the front man for this effort and, frankly, he looks pretty tired most every time he's in public now.

                                Let's be realistic...the corrective actions inherited from the past administration [Hank & Co.] had considerable momentum, and the sponsorship and participation of large numbers of the same people that are still involved today - Bernanke being merely the most prominent. Radical changes in direction are not in the cards...at least not yet.
                                Obama is going to drop-kick the health insurance industry: that alone will win him re-election.

                                Comment

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