OT: Obama Breaks Another Pledge: A Cabinet Full of Lobbyists

[Allan from Fallbrook]

Duke: The irony here is: So what? Who cares how smart Obama is or how stupid Bush was? The problems we’re facing now are so far outside of our capabilities to handle them it beggars description.

In case no one has noticed, the FED has been throwing stupefyingly large sums of money at this problem, and to no avail. This is a worldwide problem and there are no easy solutions, in point of fact, there may be no solutions at all that work.

I think Obama is no different than any other politician, but that really doesn’t matter. The fact that I think he’s doing his level best doesn’t matter, either. All of the lofty rhetoric in the world ain’t gonna talk us out of this one. He could be friggin’ Pericles of Athens giving the finest oration the world has ever seen and it doesn’t matter.

Let’s also be clear and fair about one thing: This economic train wreck has been approximately three decades in the making, so let’s not throw it at Bush’s feet. He has plenty that he should answer for, but not this.

[gandalf]

Allan, my turn. What’s your take on this stimulus effort? Part-congress, part-Fed. Part quantitative easing, part jobs support. Nobody serious believes Obama or anybody else is going to ‘save the day’. That’s talking point bullshit. We’re in a big mess.

I guess my question is, what do you think will happen? Obviously, they’re trying to monetize the imbalances, bring the system back into balance. Do you think it will work? What do you see for 2010? 2011? Is it the new Great Depression? Dictatorship “Arraya-style”? Perhaps things turn a corner by 2010?

Let me ask this another way, when will San Diego housing start to appreciate again? And I need a specific month and year… <ha,ha>

[gandalf]

Allan, my turn. What’s your take on this stimulus effort? Part-congress, part-Fed. Part quantitative easing, part jobs support. Nobody serious believes Obama or anybody else is going to ‘save the day’. That’s talking point bullshit. We’re in a big mess.

I guess my question is, what do you think will happen? Obviously, they’re trying to monetize the imbalances, bring the system back into balance. Do you think it will work? What do you see for 2010? 2011? Is it the new Great Depression? Dictatorship “Arraya-style”? Perhaps things turn a corner by 2010?

Let me ask this another way, when will San Diego housing start to appreciate again? And I need a specific month and year… <ha,ha>

[gandalf]

Allan, my turn. What’s your take on this stimulus effort? Part-congress, part-Fed. Part quantitative easing, part jobs support. Nobody serious believes Obama or anybody else is going to ‘save the day’. That’s talking point bullshit. We’re in a big mess.

I guess my question is, what do you think will happen? Obviously, they’re trying to monetize the imbalances, bring the system back into balance. Do you think it will work? What do you see for 2010? 2011? Is it the new Great Depression? Dictatorship “Arraya-style”? Perhaps things turn a corner by 2010?

Let me ask this another way, when will San Diego housing start to appreciate again? And I need a specific month and year… <ha,ha>

[gandalf]

Allan, my turn. What’s your take on this stimulus effort? Part-congress, part-Fed. Part quantitative easing, part jobs support. Nobody serious believes Obama or anybody else is going to ‘save the day’. That’s talking point bullshit. We’re in a big mess.

I guess my question is, what do you think will happen? Obviously, they’re trying to monetize the imbalances, bring the system back into balance. Do you think it will work? What do you see for 2010? 2011? Is it the new Great Depression? Dictatorship “Arraya-style”? Perhaps things turn a corner by 2010?

Let me ask this another way, when will San Diego housing start to appreciate again? And I need a specific month and year… <ha,ha>

[gandalf]

Allan, my turn. What’s your take on this stimulus effort? Part-congress, part-Fed. Part quantitative easing, part jobs support. Nobody serious believes Obama or anybody else is going to ‘save the day’. That’s talking point bullshit. We’re in a big mess.

I guess my question is, what do you think will happen? Obviously, they’re trying to monetize the imbalances, bring the system back into balance. Do you think it will work? What do you see for 2010? 2011? Is it the new Great Depression? Dictatorship “Arraya-style”? Perhaps things turn a corner by 2010?

Let me ask this another way, when will San Diego housing start to appreciate again? And I need a specific month and year… <ha,ha>

[Arraya]

Dictatorship “Arraya-style” haha

I suggest that everybody watch this.

http://www.chrismartenson.com/crashcourse

This is strictly a scientific look at our monetary system. No economic dogma or tinfoil.

Money and energy are too sides of the same coin. The fed can’t print energy and that is all that matters. There is no “turn-around” we are in for a transformation. I suspect it will be bumpy.

[Arraya]

Dictatorship “Arraya-style” haha

I suggest that everybody watch this.

http://www.chrismartenson.com/crashcourse

This is strictly a scientific look at our monetary system. No economic dogma or tinfoil.

Money and energy are too sides of the same coin. The fed can’t print energy and that is all that matters. There is no “turn-around” we are in for a transformation. I suspect it will be bumpy.

[Arraya]

Dictatorship “Arraya-style” haha

I suggest that everybody watch this.

http://www.chrismartenson.com/crashcourse

This is strictly a scientific look at our monetary system. No economic dogma or tinfoil.

Money and energy are too sides of the same coin. The fed can’t print energy and that is all that matters. There is no “turn-around” we are in for a transformation. I suspect it will be bumpy.

[Arraya]

Dictatorship “Arraya-style” haha

I suggest that everybody watch this.

http://www.chrismartenson.com/crashcourse

This is strictly a scientific look at our monetary system. No economic dogma or tinfoil.

Money and energy are too sides of the same coin. The fed can’t print energy and that is all that matters. There is no “turn-around” we are in for a transformation. I suspect it will be bumpy.

[Arraya]

Dictatorship “Arraya-style” haha

I suggest that everybody watch this.

http://www.chrismartenson.com/crashcourse

This is strictly a scientific look at our monetary system. No economic dogma or tinfoil.

Money and energy are too sides of the same coin. The fed can’t print energy and that is all that matters. There is no “turn-around” we are in for a transformation. I suspect it will be bumpy.

[gandalf]

Yeah, I’m with ya’, Arraya. All in good fun.

And I agree, BTW. We do have a bit of a problem with facism. It’s manageable though, correctable. Obama’s taking things in the right direction. There will be resistance. And eventually progress.

And I’m a little more optimistic on the economy long-term. I think we’re going to invent our way out of the underlying energy constraints, and when we do it’s going to be a huge economic boom.

Short-term is a disaster though.

[gandalf]

Yeah, I’m with ya’, Arraya. All in good fun.

And I agree, BTW. We do have a bit of a problem with facism. It’s manageable though, correctable. Obama’s taking things in the right direction. There will be resistance. And eventually progress.

And I’m a little more optimistic on the economy long-term. I think we’re going to invent our way out of the underlying energy constraints, and when we do it’s going to be a huge economic boom.

Short-term is a disaster though.

[gandalf]

Yeah, I’m with ya’, Arraya. All in good fun.

And I agree, BTW. We do have a bit of a problem with facism. It’s manageable though, correctable. Obama’s taking things in the right direction. There will be resistance. And eventually progress.

And I’m a little more optimistic on the economy long-term. I think we’re going to invent our way out of the underlying energy constraints, and when we do it’s going to be a huge economic boom.

Short-term is a disaster though.

[gandalf]

Yeah, I’m with ya’, Arraya. All in good fun.

And I agree, BTW. We do have a bit of a problem with facism. It’s manageable though, correctable. Obama’s taking things in the right direction. There will be resistance. And eventually progress.

And I’m a little more optimistic on the economy long-term. I think we’re going to invent our way out of the underlying energy constraints, and when we do it’s going to be a huge economic boom.

Short-term is a disaster though.

[Author]

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