reply to post by ghaleon12
Obama IS the banking sector. It is his job to fix it. Confidence in the administration's plans is what is required to solve this problem. He is
the President of the United States. Housing plans, troubled asset plans, bank bail-out plans are all integrated and they are all on his plate.
As far as the promises go. You are right, Bush did not have transparency. He had too many lobbiests in his administration. He did all of those
things and just did not talk about it. He just did it.
There is a big difference. Obama RAN FOR OFFICE stating he would not do any of these things. Remember "CHANGE"?
Also, the reason I originally posted this thread was due to the offensive way he was behaiving during this crisis. Here is a gent who used the word
"crisis" a dozen times in every speach. Now that he's at the helm, its now not a big enough problem to keep him from watching the NCAA tourney.
There are two kinds of Presidents. Guys who really get into policy and who love the nuts and bolts of it. Clinton was that kind of President.
The other is a big picture guy, who charts a theme and a direction. Speaks to the American people and delegates the nuts and bolts to senior staff.
Reagan was that kind of President. Obama clearly wants to be a Reagan type of President but there is a problem. He has no team that appears to be
competent in executing plans and plays insufficient attention to the plans that are being put forth.
The "stimulus" package was essentially delegated to Pelosi and Reid. Then when folks become outraged by the pork in it, he becomes outraged.
He's outraged by the AIG bonuses, yet his gent at Treasury approved it.
What this country needed and did not get was someone who would take office and acknowledge that this problem was created over a period of time.
Democrats used the banking sector to perform social engineering. Republicans focused too heavily on deregulation (although much of that happened
under Robert Rubin during the Clinton administration). We needed the President to rise above that and put forth a purely stimulative program and put
his massive expansion of government agenda on the back burner. He did exactly the opposite - a crisis is a terrible thing to waste.
As far as the diplomatic stuff, it is important. It is critically important. Whether or not you or he like it, other leaders are measured in their
own countries by how they get treated by the President of the United States. Gordon brown was humiliated by Obama and is still getting the heat in
the press. He reaches out to Chirac, who has always been anti-American and stiffs Sarkozy who is the most pro-American president that France has had
since DeGaule. He sends this amaturish video to Iran and they tell him to stick it and essentially invite him to the opening of their reactor at the
end of the year. Whether or not you like it, it is important and why they have an office of protocol at the White House. I live in France and
he's getting hammered over here. "not up to the job" "maybe Hilliary would have been a better choice".
The reason it is a very big deal is that 1 - it is quite easy to be respectful and 2 - it is shameful to treat friends in such a manner.
He's also reached out to Gorby and met with him, but has not met with Putin yet. He has time to have the worthless Jimmy Carter over to the White
House, but can't spend a half hour with Gordon Brown?
At some point you need to get beyond your hatred of Bush (he's out of office by the way) and have an objective view of what is happening right now.
These dudes look like the Keystone Cops.
The thing we all need to be concerned about is this administration becomming a parody.