obamaconomics

[Gatekeeper777]

From what I am told Obama has a BIG announcement to make in January. Is that announcement about invading Afganistan or is it about crashing the dollar and starting over?
Welcome to camp fema peeps!
he said he wanted change...... No one was smart enough or had the balls to ask "WHAT CHANGE??????" His change is going to be crash the dollar merge with Canada and Mexico and form the North American Union.
People were so tired of dumb ass they would have elected Hitler.
So now he is the savior......... He is the one that will usher in the SPP/ NAU
and everyones goona love him for it.
Bush allready put forward HSPD51.
google it or youtube search.
yep the dollar is going down......... Time to grow your own money! lol

[maladroit]

i'm not contradicting myself...canadian banks had loose credit policies, like instant loans where you only had to declare your income and it wasn't checked...but we also had bank regulations requiring a minimum downpayment, and required mortgage insurance on any mortgages that have less than a 25% downpayment...regulations like that that prevented canadian banking from getting too deep into bad mortgages...at the height of the subprime crisis, US subprime mortgages accounted for more than 20% of the total mortgage market...in canada, subprime mortgages accounted for only 5% of the market...canadian banks and financial institutions had some mortgage back securities but they weren't as toxic to their balance sheets

[IAmKowalski]

I wasn't aware he actually made any campaign promises regarding decriminalizing weed. He didn't, did he?

If MJ was made leagle and sold in stores run by the state or the federal government I believe the United States could indeed pay off it's debt within ten years mabe sooner.
Say a 25% tax even. So if an 1/8 cost you 40 in the federal store afetr taxes you would be paying 50 for the 1/8.
plus the government would be better able to handle distribution and access.
While states would still benifit from fines due to neglegent use such as DUID.
Just like they do for Alcohol, public intox....driving under influance ect.
Now both sides win.

Ehh no. it wouldn't be THAT big of an industry - the current national debt is (last I checked) around $35,000.00 per person.... So no, taxes on pot smokers isn't going to rack up that much any time soon No, absolutely not, but it is one of many things which can help us in the right direction - yes.

[dragonrider]

For the first time since his presidential bid began, the Obama Campaign has clarified the Senator's position on marijuana: stop arresting people for it.

The announcement comes as a bit of a surprise after Obama recently raised his hand in opposition to marijuana decrim at a recent democratic debate. Seeking to paint him as a flip-flopper, The Washington Times dug up footage of a 2004 appearance in which Obama said this:


"I think we need to rethink and decriminalize our marijuana laws," Mr. Obama told an audience during a debate at Northwestern University in 2004.
Barack Obama Comes Out in Favor of Marijuana Decriminalization [Updated] | Stop the Drug War (DRCNet)

He is all things to everyone with a need....now it's time to walk the walk.

Have a good one!:s4:

I don't think something he said in 2004 counts as a campaign promise for THIS election, especially since it never came up in his platorm statements, speaches or the debates. He might believe this, and I certainly do agree with it. But you were saying I was giving him excuses for not living up to his word, and I do not agree that he ever promised this. If he had, we would definitely have heard more about it.

[dragonrider]

When they gave up the last bail out of 700 billion to the banks they exec's sqandered it and horded it. If he or they wanted to really pump up the ecconomy they should ofdevided it equilly and given every tax paying american $250,000. Hell Thats enough to pay off my house, pay off all those bad credit accounts, buy a truck, puchase land in the mountains go on vacation.
You know why they didnt do that...... Because they wanted to line their fat cat friends wallets and PHUC the working man!
And If obama wanted to kick the ecconomy in the ass he would do the same and have this countries ecconomy back on track in 4 months.
Hell I might even open a business and create a few jobs!
What he will do iscrash the old monitary system then usher in the one allready designed.......called the Amero for the North American Union.
Google it.

I think maybe your math is off by a few zeros. $700 billion does not equal $250,000 for every American, more like $2,000, which is a nice chunk of change, but not enough to pay off your house, pay off all those bad credit accounts, buy a truck, purchase land in the mountains, and go on vacation. Also, most of the $700 billion is expected to be paid back, which would not happen if you just gave it away.

[Gatekeeper777]

not every american.. Every american OVER the age of 18 that pays taxes.

[maladroit]

Obama flip-flops on pot
Jennifer Haberkorn (Contact)
Thursday, January 31, 2008


Barack Obama, the senatorial candidate of 2004, might have a bone to pick with Barack Obama, the presidential candidate of 2008.

Videotapes of debates and speeches that were obtained by The Washington Times show Mr. Obama took positions during his Senate campaign on nearly a half dozen issues, ranging from the Cuba embargo to health care for illegal immigrants, that conflict with statements he has made during his run for the White House.

For instance, in MSNBC's Oct. 30 presidential debate, Mr. Obama hesitantly raised his hand and joined with most of his Democratic rivals to declare that he opposed decriminalizing marijuana.

[dragonrider]

not every american.. Every american OVER the age of 18 that pays taxes.

It still doesn't work out to $250,000 each, not even close. If you take $700 billion and divide it into $250,000 shares, you only get 2.8 million shares --- there are a whole lot more taxpayers over 18 than that in this country. If you are talking about spreading this cash out fairly, you'd have a little trouble giving a quarter million bucks each to less than 1 percent of the country, and nothing to everyone else. Sounds like something Bush would have done.

[maladroit]

according to the us treasury website, the national debt increased by $1 trillion in less than 8 weeks...the fed reserve is planning to borrow another half trillion dollars before christmas...there is no way obama can solve that problem

[dragonrider]

not every american.. Every american OVER the age of 18 that pays taxes.

I guess my point with this was not to over-analyze it, but just to point out that each taxpayer's share is not really enough to pay off your house, pay off all those bad credit accounts, buy a truck, purchase land in the mountains, and go on vacation. It's more than each of us might want to put up for some Wall Streeters who got themselves in trouble, but it's not enough to totally remake your life.