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Originally posted by Xeon:
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Fiscal and Monetary policy are the direct government levers that influence the economy, as well as, laws. Hence, Congress, the President and the FED (Monetary policy) are ALL complicit in the economic ramifications of this nation, which are born from internal policy alone. Yet all you hear on this forum is…..OBAMA INHERITED BUSHES MESS. BUSH Screwed things up. Congress and the Fed, plus historical truths about past policies and performance pre Bush 2, are ignored. This is what PISSES ME THE F’CK OFF. People are not dealing with their biases. People are not arguing based upon how THE SYSTEM WORKS. People are arguing based upon team membership. There are a select few people on this forum who are really concerned about getting to the best understanding and what it means down the line and how we should prepare ourselves.
Good point. And you are correct –
the crisis we are experiencing is the failure of a combination of various policies and deregulations that spans more than one administration, congress and federal monetary and banking regulations actions (and non-actions). No doubt. But I believe what most people object to is your constant carping about Obama when
the man has been in office less than six months! Not to mention the fact that he
did inherit a coat hanger abortion economic crisis that was steam rolled by the Bush 43 administration.
You seem to forget Bush was president for the past eight years!!! He did nothing in the past eight years (until the last six months) to blunt the tidal wave of the economic meltdown we are now experiencing.
But to be fair, you did explain your disdain for Republicans and your distrust for Democrats. I have no problems with that. But the tone of your ongoing cynicism tends to be directed at Obama when the man is doing everything legally he can do at this point. You may not like him for whatever reason and you are entitled to your political opinions of the man. No problem. But you cannot say (with conscious honesty and accuracy) that
he is not trying to improve the state of the economy. At times, it seems as if you have been sipping some of the piss and vinegar Kool Aid made daily by Rush Limbaugh.
For the sake of clarity and persuasion, perhaps you would be more definitive with your reasons for disliking the Democrats. Again,
I have no problems with your dislike of the Democrats but I wish you would
specify exactly what this Democrat dominated congress is doing (or not doing) that merits your constant bashing. The Republicans are in total disarray while making complete asses out of themselves at the same time. That’s very obvious and merits no explanations.
And for your statement;
“……what it means down the line and how we should prepare ourselves”, prepare ourselves for what?? A major economic calamity? Bro, it’s already here and happening! What is there to do? Stock pile food, guns and ammo???
This is the only rebuttal, thus far, that warrants a respectful answer from me.
First of all, for the umpteenth time, I don’t have ANYTHING personal against Obama. It is only the OPINION, and an erroneous one at that, that I have something personal against Obama. That is emphatically not true! My ire and beef is really with the lack of strategic unity on behalf of black America to command the type of political respect that results in POLICIES being created that confront socioeconomic racial equality. In that regards, Obama HAS BEEN symbolism without substance. Black America did not NEED a black president. Black America NEEDED black policies. Why? The answer and reason is born for egregious statistical imbalances between blacks and whites in America, such as poverty, unemployment and the like being multiple times worse than what exists for white America. A rising tide WILL NEVER ADDRESS THE UNEQUAL CONDITION OF THE BOATS IN THE WATER! Just think if that was the policy of Johnson in the 60’s, to use the rising tide theory when there was an even more egregious separate and unequal racial equality in this nation. A rising tide benefits those vessels that are more structurally buoyant and can take advantage of it. Hence, like races in America, vessels that have Advantage will grab a disproportionate benefit of the rising tide than vessels in poorer conditions. So the rising tide theory or methodology, in my opinion, is simply a copout and sell out of our DIRECT POLICY NEEDS. Furthermore, I am not judging Obama on the 100 days he has been in office alone. I am judging Obama on his behavior since he started running for President and demonstrating a obvious aversion to black gatherings, leadership and popular mainstream black opinion and how he castigated blacks on more than one occasion, trying to ensure white voters that he is a “Safe” Negro, who will not get in office and try to “Pay back” whites by championing black causes. This PATTERN has been demonstrated by Obama for well over a year. The end result being that blacks are again absent needed POLICIES that DIRECTILY addresses the fact that there is structural inequality between the vessels in the water that a rising tide will not only not solve, but will exacerbate the.
Now, in the realm of economics……..if you have followed things I have said for over a year, I have been warning people of an economic collapse. Why? The reason being is that it is best to be ahead of the curve in preparation for such a reality. I am truly concerned about the fate of not only my family, in the fallout, but also the Black family, who is usually impacted the hardest by any negative phenomenon. I posted links to information concerning why the economy is destined to collapse, regardless of who sits in the white house, that is related to finite oil, rising energy cost, debt, unfunded liabilities, the growth of China and India, the environment….etc. Why? I posted that to people to boost the argument that I was attempting to communicate, so that people would prepare. Hence, my argument against the Obama economic policy is THAT IT WILL NOT WORK! People should not get any false hope that Obama or the Democrats have the magic touch to return this nation back to previous levels of prosperity. Again, as I posted the facts in the original post of this thread, a democratic congress controlled during the creation of 3 of the last 4 recessions and they shared control during the other one. The WORST economy since the Great Depression, prior to this one, is when Democrats held the leadership in both the executive and legislative branches of power. Moreover, when Republicans held the executive and legislative control, it too resulted in a very bad economy. So what’s apparent to me, from the patterns of history, is that a divided government, with the checks and balances envisioned by the founders, produces the best results and the absence of this produce very bad resultant. Now, these economic swings that I am lamenting on are born from fiscal (Taxing and spending) and Monetary (Fed Fund rates) policies during these periods. It ignores the global forces that are radically putting pressure on the US to lower its standard of living and is radically shaping our future. This will COMPOUND an already existing bad pattern cycle we are on. Moreover, as Vox noted many times, there is a demographic wave of peak purchasing power that is entering a valley period and is theorized to reduce demand in the economy significantly. So there are a whole lot of forces that leads me to continually yell that OBAMA POLICIES WILL NOT WORK! Why do I say Obama Policies will not work and Not McCain or Bush’s? It’s because they are past tense. They are not the President. The Hope is being placed on Obama and the Democrats….and it’s a false hope that I fear may keep black folks from preparing for the worst.
My personal theory is that Politics and ideology is a tool box for fixing problems of society and the world. I don’t believe that one tool is the BEST tool for every scenario. The way politics works in America, the vast majority of people don’t look at the situation and choose the best tool, they assume that their favorite tool is the best for all situations, which is not true. Consequently, you analogously have people who think a wrench is best for hammering a nail and that a Hammer is best for tightening g a nut. This is why this nation is really not able to FIX anything. Moreover, this is why control of the executive and Legislature, by a single party, has produces bad results. They are hell bent on using their ideological tools, regardless of the nature of the problem and which tool might work best. So you get politicians, looking to stay in power by playing to the ignorance of the people with a vested interest in their tool set, then things get all screwed up.
It's truthful that it ain't Bush's fault that he implemented failed policies that were ill advised and brought down the economy because of the co-equal governance system; but it IS Obama's fault because he just happens to be the one implementing the wrong policy, despite the co-equal governance system?
That's funny ... You so have it twisted. 
???
... does anybody see an answer to my question in alladat ... 'cause I gotta admit, I'm just not finding it. 
