The stimulus stops here...

[Guardian7347]

what was it, 700 or 800 billion dollars spent that was supposed to provide jobs and stimulate the economy well into the future? Well, according to his own staff, the effects of the stimulus have already came and went, and over the next ten years will have "little to no effect" on the economy. We just paid 73 million per job created. This man promised change, and by God, we're getting change. I'll ask again, what happened to the fiscal responsibility this man promised? Instead, he upped the spending by a nightmarish proportion, he wants to up the taxes by a nightmarish proportion, and leave the public with what? A socialized healthcare program that will not perform to expectations, will cost twice as much as projected, and will reduce everyone's ability to see their physician? What a legacy. Bankrupt the nation to get what you want. Now that's a great leader.

[EM1120]

Actually, Bush is the one who bankrupted the nation with an unnecessary war and tax cuts for the rich, and Obama has to bankrupt the nation even more to fix the economy that has been ruined during the Bush administration. And if you listened to the news, you would know that the economy is showing signs of improvement. But there's a long way to go, and even when the economy recovers after a recession, the job market usually takes even longer to improve. It seems like people just expected Obama to wave a magic wand and fix everything right away once he took office.

[heartsdreamer]

I agree. There's no other way but we have to get more into debt to save the economy. There are no other alternative and the party of NO is not one. The Wall Street thieves perpetrated the biggest ponzi scheme ever last year.

Tax cuts? Don't work. It's all bullshit! Ever since President Reagan started his tax cuts for the rich and Bush jr. giving more than a trillion dollars to the one percent having the combined wealth of 90% of the Americans, it has proved voodoo economics do not work.

Capitalism is dead--heading in the same way as communism. Even Russia is now looking at the economic model of China--practically a fascist state with some commies on top of the power pyramid.

Russia, practicing a libertarian/neoconservative/capitalism is not doing to well. Soaring crime, alcoholism, rampant crime, prostitution, etc, is having a second look at the way capitalism has changed their culture.

We need a new economic model that is good for all and not only for a few.

The USA is becoming a fascist state.

Down with the Democratic and the Republican parties---they're corrupted--rotten to the core. The Treasury Dept. and the Congress are nothing but the board of directors for the ponzi schemers in Wall Street and the multinationals.

We need the Armed Forces to take over the Treasury Dept, Federal Reserve, and Congress and perhaps save this country.

We are a nation drowning in debt and we don't manufacture SHIT HERE ANYMORE!

[Smiley Lord]

First, Russia is at least doing better under it's current economic model then it did under Communism. Second, China is already an economic superpower, and is continuing to grow. Third, Capitalism is working well for many small, but highly productive countries, such as Japan and Singapore, and has generally encouraged economic growth wherever it was applied. It's a good system in general, but some regulations are needed, otherwise it will become corrupt and implode on itself. The problem is not the economic system itself, but the excessive reliance on foreign economies and the corruption of many people within it. And this corruption is not exclusive to Capitalism - any economic model will have people seeking to unscrupulously exploit it.

But I do agree that our current form of Capitalism is not working well for this country. Personally, I advocate a return to Mercantilism. We have a huge supply of resources - we can easily export huge amounts of finished products to other countries while maintaining ourselves at the same time. We could draw all our outsourcing companies back home and threaten them with massive tariffs if they stay foreign, while creating our own copies of those companies that refuse to return. Internally, I still think Capitalism would work well, though I would certainly have all the companies under constant watch and have some regulations. Maybe it would be a good idea for the government to own vital corporations as well.

[stickmanjim007]

[lex]

Health care is a huge topic, one of the bigger ones, and I'm totally avoiding the whole issue of taxes as you get nothing for free that is in the long run worth something more.

Being Canadian I would gladly pay any extra taxes needed to make sure everyone had healthcare. ours isn't great... and in the UK IT"S FREE!
you break life and limb it's cared for over there and there's a set fee for every precription.

the fact that I've heard many americans complain that if there child gets sick... truly sick... it can cripple them finacally for a good long time..

I don't know much about the methods Obama is going about it.. and I don't know his amendments or clause for it either...
but if I were american I wouldn't complian I'd find out...

post them and then debate what you'd want changed..... the healthcare plan is a good idea, so long as the fat cats realize that they in the long run will be paying for it... not the regular folks .... they will only get the real benifits

[heartsdreamer]

But I do agree that our current form of Capitalism is not working well for this country. Personally, I advocate a return to Mercantilism. We have a huge supply of resources - we can easily export huge amounts of finished products to other countries while maintaining ourselves at the same time. We could draw all our outsourcing companies back home and threaten them with massive tariffs if they stay foreign, while creating our own copies of those companies that refuse to return. Internally, I still think Capitalism would work well, though I would certainly have all the companies under constant watch and have some regulations. Maybe it would be a good idea for the government to own vital corporations as well.

That's the point. Capitalism without regulations will destroy itself. And I said before: unbridled capitalism is an enemy of democracy.

We need to bring back the Glass-Steagall Act of 1933. It separated financial institutions investments from banking activities. It controlled our financial system until President Reagan and his cronies started dismantling regulations piece by piece and look where we are now? It resulted in an economy disaster that brough down all thec world economies.

In 1999 under pressure from republicans, President Clinton got rid of it --idiot!!! Look at what happened since then, and last year? A tsumani! A complete collapse of the economy.

China is doing well because most multinationals transferred production to China. China never produced shit until multinationals arrived their for cheapo labor. That's a fact.

This is not a democratic or republican issue--this goes to the soul of America. Is the American dream dying? Yes, it is! It's in the ICU.

As longs as the American middle class is choking in debt, low wages, and staggering health care premiums--the country will not go back to where it used to be --- A CREDITOR NATION.



We need to have regulations back in place.

[Guardian7347]

Actually, Bush is the one who bankrupted the nation with an unnecessary war and tax cuts for the rich, and Obama has to bankrupt the nation even more to fix the economy that has been ruined during the Bush administration. And if you listened to the news, you would know that the economy is showing signs of improvement. But there's a long way to go, and even when the economy recovers after a recession, the job market usually takes even longer to improve. It seems like people just expected Obama to wave a magic wand and fix everything right away once he took office.

And if you listened to the news

how cute. You still listen to anything they say? I suppose you're terrified about this horrific swine flu pandemic too, aren't you? News flash, swine flu is comparable to the common strain of flu. It's a diversionary tactic by the government. "look over here! What's going on over here?" Meanwhile, they dismantle our very way of life. Obama himself, and many of his cronies have used the phrase "redistribution of wealth". Anita Dunn has spoken publicly about her admiration for that great philosopher Mao Tse Tung. You know, the guy who slaughtered millions of Chinese people. What a philosophy. Point being, the economy isn't improving. Unemployment is over 10%, which I might add, is MUCH higher than when Obama took over, and it's MUCH higher than Obama told us it was going to get. He said it would top out at 7%. Everything he's done has been an abysmal failure.

Bush is the one who bankrupted the nation with an unnecessary war and tax cuts for the rich

tax cuts for the rich? So...no one other than the rich benefitted from those? And here I thought I was in the lower middle class! I must be part of the rich, because I got a nice tax cut under Bush! Wait...so did everyone I know, and we're all lower middle class people. Except for my parents, who are part of the non-existent middle class according to HD. They got a very nice tax cut. But it was tax cuts for the rich huh?

Obama has to bankrupt the nation even more to fix the economy that has been ruined during the Bush administration

I love this part the most! Because when you have NO money, and your credit card bills are high, you must overextend yourself even further to get back on your feet. Because only THEN will banks think you're credit-worthy and loan you money! Does anyone remember that all this money accrues interest to foreign nations? That money is money our nation isn't spending for public assistance, that money is money we don't have sitting in a surplus to cover our own costs. The further in debt you are, the harder a recovery IS! DON'T YOU GET THAT?!? His stimulus FAILED! Miserably. He spent approximately $750,000,000,000.00 to fix the economy, and we got NOTHING IN RETURN! Nor are we going to get anything from it. His own people have confirmed this. In very low-key, not widely publicized announcements from the white house(if you listen to the news of course), any results from Obama's stimulus plan have already been achieved. I don't expect immediate results, but I would greatly appreciate results other than a colossal failure.

[stickmanjim007]

[Tal]

You Americans are the most frightened people I've ever come across. A large slab of you want your President to fail and see your country go even further down the toilet just to prove a point.
I dont know about you guys but here we call that treason.

[Guardian7347]

You Americans are the most frightened people I've ever come across. A large slab of you want your President to fail and see your country go even further down the toilet just to prove a point.
I dont know about you guys but here we call that treason.

I've clearly stated before I hope he does well, based solely on the fact that he's currently sitting at the helm of MY country.
Secondly, I DON'T WANT to see him fail just to prove a point while my country goes down the toilet. I see my country going down the toilet because he's failing, and THAT'S my point.
Lastly, I understand that American history isn't exactly emphasized in other countries, because it isn't terribly important to your development, understandably. However, I think perhaps I should clarify something for you. America was FOUNDED on treason! Our founding fathers instructed us to be ever vigilant, and should the government cease to work for the people, the people should rise up AGAIN and overthrow the government. Those are pretty treasonous words...from someone who helped form our government!

[heartsdreamer]

Bullshit! Obama is not failing. His administration is trying to FIX the BUG FUCK UPS left by BUSH! PERIOD!

Do you have any idea what the Bush administration has done to our country and the ECONOMY? He FUCKED UP BIG TIME!

Under his watch, the biggest bank robbery ever committed to our financial system was perpetrated. We were robbed by the robber barons.

During the Bush Administration our financial system was turned into a giant casino and ponzi scheme. A FACT!!!!

More than $65 trillions in derivatives disappeared during his administration. Do you have any idea what that means?

Our economy is the largest economy in the world-- $15 trillions!!!

Do you really think the Obama administration is going to fix it in a year? Dream on!

[Smiley Lord]

I expect no miracles, for Obama is mortal and fallible like any of us, but I do think he's got his priorities messed up... Health care is great, but at this point in time, the investments would outweigh the benefits, and as much as I would like to help all the sick people, I would know that the more fundamental matters must take priority if this nation is to be able to provide for it's citizens in any way. Obama needs to take a page out of FDR's book and create another New Deal. Also, we need to centralize our economy, use our own industry to create homemade products instead of importing them, and reclaim our farmlands to produce all the crops we need and many exportable foods on the side. Education is also vitally important for the longer term, especially since we've lagging badly behind other industrialized countries. Once the country is more stable and we can afford to spend some cash to improve our citizens' quality of life, then go for universal health care.

[Tal]

Unfortunately you can't stop trading with China or Japan. All those lovely credit dollars that the banks gave to everyone in the form of loans came from the savings of the Chinese people. And they have to be paid back. The Chinese people save up to 50% of their income, which created a nice big fat surplus for the western banks to borrow from and lend to their own citizens because we fat slobs manage to save approximately 0% of our income. We like to spend it or use it to pay off credit card debts.
When the corruption of the banks was finally exposed in 2007 it left the US, in particular, in a very vulnerable position. Why? From the 1930s US banks had to have a certain amount of surplus in case of emergencies. Like the arse falling out of the economy for example. The criminal banking execs met and decided "bugger that, let's spend it". So they went to George jnr and his boffins who said ''sure fellas. You can spend it" So they did. Then they invented the sub-prime mortgage and a few other illegal nasties and all with Chinese and Japanese savings.
The banks made everything so complex and sneaky that there's never going to be any one solution to this problem. Other economies have started to recover but that's because they had some form of regulation on their banking industry. Even Germany had to bail out a couple of their big banks and they've always been known as the most conservative of all. Greed is a drug of addiction and the citizens of Earth got very, very greedy. Now we're paying for it.

[Guardian7347]

Bullshit! Obama is not failing. His administration is trying to FIX the BUG FUCK UPS left by BUSH! PERIOD!

Do you have any idea what the Bush administration has done to our country and the ECONOMY? He FUCKED UP BIG TIME!

Under his watch, the biggest bank robbery ever committed to our financial system was perpetrated. We were robbed by the robber barons.

During the Bush Administration our financial system was turned into a giant casino and ponzi scheme. A FACT!!!!

More than $65 trillions in derivatives disappeared during his administration. Do you have any idea what that means?

Our economy is the largest economy in the world-- $15 trillions!!!

Do you really think the Obama administration is going to fix it in a year? Dream on!

Here's the thing. Obama told us that if we spent this massive stimulus package, it would stop the unemployment from rising over 7 or 8%, I don't remember which now. Either way, unemployment continued to rise, and has now breached 10.2%. 190,000 jobs were lost in October alone. This "stimulus package" of Obama's was supposed to stop the growth of unemployment and create jobs for the long term. It's done neither, nor will it ever. His stimulus package was a colossal failure. The additional debt he has saddled us with does nothing to help our economy.

[Shipbuilder]

what was it, 700 or 800 billion dollars spent that was supposed to provide jobs and stimulate the economy well into the future? Well, according to his own staff, the effects of the stimulus have already came and went, and over the next ten years will have "little to no effect" on the economy. We just paid 73 million per job created. This man promised change, and by God, we're getting change. I'll ask again, what happened to the fiscal responsibility this man promised? Instead, he upped the spending by a nightmarish proportion, he wants to up the taxes by a nightmarish proportion, and leave the public with what? A socialized healthcare program that will not perform to expectations, will cost twice as much as projected, and will reduce everyone's ability to see their physician? What a legacy. Bankrupt the nation to get what you want. Now that's a great leader.

they did create jobs.......they gave millions of dollars to Al Gore and Co. to another country to build green cars, that will retail 105thousand dollars..then they gave millions to tesla to build green cars, that will cost 95thousand dollars apiece..
they arent about trying to help you or me or any other citizen, they are only out for themselves and wall street.