Browsing the archives for the Obama tag.



Please listen to this President Obama

Barack Obama, Obama, Politics, President Obama


“We had to struggle with the old enemies of peace — business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. … Never before in all our history have these forces been so united against one candidate as they stand today.  They are unanimous in their hate for me. And I welcome their hatred!

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The US and Russia…Can we be Pals/Strategically Alligned Partners on Specific Issues

Barack Obama, Foreign Policy, Obama, Politics, President Obama

Adam

This will be a short post. I think we are beginning to see what could be the potential end of two long disagreements for the US.

Fareed Zakaria points out in his recent article in Newsweek that

His sin was to point out in a letter to the Russian president that were Moscow to help in blunting the threat of missile attacks from Tehran, the United States would not feel as pressed to position missile defense systems in Poland and the Czech Republic—since those defenses were meant to protect against Iranian missiles. This is elementary logic. It also strikes me as a very good trade since right now the technology for an effective missile shield against Iran is, in the words of one expert cited by the Financial Times’s Gideon Rachman: “a system that won’t work, against a threat that doesn’t exist, paid for with money that we don’t have.”

http://www.newsweek.com/id/189240/page/2

The Russians don’t want the US to install a missile defense system in Eastern Europe.  The US does not want Iran to expand their nuclear activity.  Russia has the ability to influence Iran.  Russian works with the US to end Iran’s nuclear ambitions, then the US does not install the defense system. 

This seems like a very good and possible scenario.  Why can’t we get this process rolling?

Also, scary thought…could Bush’s insistence on the defense system play out to ultimately be a brilliant strategic move?

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Can you fix a broken nation with a broken record?

Bailout, Barack Obama, Economic Policy, Economic Stimulus, Economy, Election, Infrastructure, National Infrastructure Reinvestment Bank, Obama, Politics, President Obama

Adam

I am going to say that it is probably difficult to fix our current situation with tax cuts.  I know…I know, the crazy liberal wants to raise your taxes and then spend all your hard earned wages. Not exactly.

I have a difficult time grasping the notion that the conservative chorus can only recite the same tune we have heard during a very recent 8 year administration.

“The only way to stimulate the economy is with lower taxes and tax incentives.”

Everyone is skittish now. Consumers, producers, and lenders. The argument that tax incentives will create job growth does not work.  Lets take a look at a couple of scenarios.

-  We create an incentive where an employer gets tax breaks for hiring new employees. (Currently part of the Obama plan, but really done for the purpose of appeasement)

So, under this theory, a company will hire a new employee for the purposes of expanding production of a good that a consumer is buying less of. Does not really work out in my mind.

- We lower taxes…

Well, with all of that extra money from lower taxes, companies will be able to expand production. Okay, so they expand production after borrowing to purchase what is necessary for the increase in productivity. They have to borrow because lower taxes do not mean available cash. This also seems to be a difficult challenge due to the well publicized reluctance of banks to give our money.

So why is it that the party that got a strong message from the American public this past election is grasping hold to its oldest idea?

I would like this cartoon to be an exaggeration, but right now it doesn’t seem to be.

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