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(Politico) Interesting In normal bad economic times, one turns to experienced business leaders to fix things. Since this time around, those "leaders" got us into this mess, Obama goes in a different direction   (politico.com) divider line 44
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eddyatwork [TotalFark] 2009-02-21 09:09:08 AM  
In other words they might actually fix the problem then.

 
Drakkenmaw 2009-02-21 09:18:16 AM  
Anyone who is actually running a successful company right now is almost certainly in no way willing to give up that post when they can gobble down the remains of whoever fails and wind up a titan of business. Anyone who is part of a company currently cratering into the ground either didn't see this coming or helped engineer it and is thus part of the problem to be solved.

I'm sure they were looking for competent leaders of industry to help them out. Problem is, those are in short supply right now - and it'd be a bit of a stretch to draft them.

 
frizzle65 2009-02-21 09:19:43 AM  
www.tantaocity.com

CEO President...nuff said

 
benlonghair [TotalFark] 2009-02-21 09:30:07 AM  
Because politicians are so much better than CEOs when it comes to greed.

 
Contents of a Space Wasp's stomach 2009-02-21 09:39:15 AM  
American business schools have been churning out graduates whose sole purpose is to make themselves rich at the expense of the companies they work for since the 1980's.

Business and Poli-sci grads have been brainwashed for the last 30 years on how our economy works and how business and government should interact. Now we have seen the culmination of the last three decades of the Ivey League Oligarchy that is our government and it is FAILURE.

They are not taught how to think or react, they are just pumped full of Statist-Fascist corporate dogma. Their purpose is to to get re-elected at whatever the cost, or get a huge bonus regardless of performance.

Our country cannot be fixed. It's only option is to become something else entirely, while some of us will welcome the reduced standard of living as a moral obligation to make ammends for our parents and grandparents excess, others will see it as the destruction of the American Way of LifeTM and will resist.

Others still will resist once they realize that the egalitarian Socialist dream they are expecting will be as short lived as their first night fantasy and will leave them wishing for the joyous solitude of a masturbatorial fantasy over the bitter sweet blood of a menstruating teenage Asian prostitute whose face is streaked with the tears of a thousand broken dreams.

Or maybe they will fix it and thing's will work out ok.

 
Bobus520 2009-02-21 09:57:07 AM  
Came for the class warfare.

Leaving pleased.

 
mynameismark 2009-02-21 09:58:02 AM  
This guy gets smarter all the time.

A much needed change from George Failure Bush.

/it's a nice feeling

 
winterwhile 2009-02-21 09:58:34 AM  
A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.

 
Shryke 2009-02-21 10:03:34 AM  
mynameismark: This guy gets smarter all the time.

A much needed change from George Failure Bush.

/it's a nice feeling


Haha. Seen the markets lately? How abot thihs year's deficit? Such a nice change.

 
mynameismark 2009-02-21 10:08:41 AM  
Shryke: mynameismark: This guy gets smarter all the time.

A much needed change from George Failure Bush.

/it's a nice feeling

Haha. Seen the markets lately? How abot thihs year's deficit? Such a nice change.


And the markets indicate what, exactly? And pulling out of Georgie's death spiral asap is much more important now than the deficit.

 
Daddakamabb 2009-02-21 10:09:35 AM  
winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.


India...

 
hillbillypharmacist [TotalFark] 2009-02-21 10:09:44 AM  
winterwhile: India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.
Thats what you do, nothing else works.


We're so similar to India! There's no way it couldn't work!

 
Contents of a Space Wasp's stomach 2009-02-21 10:11:39 AM  
winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.


India is a poor example.

India is a hell hole.

 
thatmanfromtexas 2009-02-21 10:23:56 AM  
The best and the brightest are seldom the ones who make it to the CEO status. Andrew Lahde, founder of Lahde Capital management, a hedge fund that earned 870% in 2007 by shorting the type of mortgage backed toxic instruments that have left large institutions at the Fed's doorstep tin cup in hand, announced his exit in October and thanked those who allowed his success; The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.

 
Shryke 2009-02-21 10:24:17 AM  
mynameismark: Shryke: mynameismark: This guy gets smarter all the time.

A much needed change from George Failure Bush.

/it's a nice feeling

Haha. Seen the markets lately? How abot thihs year's deficit? Such a nice change.

And the markets indicate what, exactly? And pulling out of Georgie's death spiral asap is much more important now than the deficit.


The markets reflect future outlook in the success of our private sector and country. The fact that they continue to plunge AFTER Obama's stimulus and housing plans have been announced should be extremely troubling to everyone, even left-wings hacks still spoouting "B-B-b-b-BUSH" crapsauce.

 
beelzebubba76 2009-02-21 10:24:39 AM  
Contents of a Space Wasp's stomach: winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.


Thats what you do, nothing else works.

India is a poor example.

India is a hell hole.


If you're really rich, India's an amazing place to be. The cost of living is really low, and you can have people catering to your smallest whims and fancies. If you're rich, you can live better than royalty.

/However, it's a real hell-hole if you're poor ... as you've indicated.

 
cirby 2009-02-21 10:28:08 AM  
"Business leaders" got us into the current mess if, by "business leaders," you mean "lawyers who are in the US House and Senate."

 
mynameismark 2009-02-21 10:35:14 AM  
Shryke: left-wings hacks still spoouting "B-B-b-b-BUSH"

Still spouting?!?

As if, now that Bush has gone, we can no longer blame him mostly for the mess we're in.

Be serious. As long as this mess goes on his name will be dragged into it. And rightfully so. Don't kid yourself.

And the stock market falling is due mostly to the criminals on Wall Street manipulating things as to make the stim and Obama look bad.

Besides, I think it's now very clear to most that what is good for Wall Street isn't necessarily good for America.

 
thatmanfromtexas 2009-02-21 10:36:06 AM  
The stock market has been led downward by the selling pressure on bank stocks. There is a real fear running through the investment community that the government may indeed be forced to nationalize the banks which would wipe out all of the value of shareholders investments . It wouldn't matter if Ronald Reagan and Bill Clinton were co presidents right now, until the investment community has faith that their investments are not going to be wiped out by the actions of their government, they will be hesitant to put money back into the market.

//Besides, the DOW is only down to the level we saw in the booming 90's. Party like it's 1999! Oh, wait the market crashed in 2000...

 
ScubaDude1960 [TotalFark] 2009-02-21 10:45:56 AM  
The government got us into this mess, not business leaders.

 
Softens_hands_while_you_do_the_dishes 2009-02-21 10:55:16 AM  
eddyatwork: In other words they might actually fix the problem then.

fix it. yeah uh huh. he might just do that. And he might do it the way freshman senators from Illinois do it after getting elected President. Order Americans to start killing fellow Americans. Who can say. You just hope for the best. I see where Ceasar Chavez finally built his civilian defense corp to the size necessary to pass a referendum making him leader for life. Sweet.

 
Softens_hands_while_you_do_the_dishes 2009-02-21 10:55:53 AM  
Caesar, Hugo, you seen one revolutionary hispanic, you seen em all.

 
saintstryfe 2009-02-21 10:57:11 AM  
Shryke: The markets reflect future outlook in the success of our private sector and country. The fact that they continue to plunge AFTER Obama's stimulus and housing plans have been announced should be extremely troubling to everyone, even left-wings hacks still spoouting "B-B-b-b-BUSH" crapsauce.

You're cute when you're a "spoouting" idiot. Nothing has started yet. It passed, it was signed. And of coruse Wall Street hates it - the party's over! No more president who care more about the Dow then the citizens! Things are gonna change. Evolve or die, bucko.

 
Softens_hands_while_you_do_the_dishes 2009-02-21 10:57:48 AM  
cirby: "Business leaders" got us into the current mess if, by "business leaders," you mean "lawyers who are in the US House and Senate."

Exactly. Business forces the rest of us to throw money at the Octomoms of the nation.

 
saintstryfe 2009-02-21 10:59:07 AM  
Softens_hands_while_you_do_the_dishes: eddyatwork: In other words they might actually fix the problem then.

fix it. yeah uh huh. he might just do that. And he might do it the way freshman senators from Illinois do it after getting elected President. Order Americans to start killing fellow Americans. Who can say. You just hope for the best. I see where Ceasar Chavez finally built his civilian defense corp to the size necessary to pass a referendum making him leader for life. Sweet.


Step back - you're arguing AGAINST ABRAHAM LINCOLN. You, to score political points in 2008, are arguing against arguably our greatest president's actions during the most perilous insurrection in our nations history. Really. Not even to mention he was a republican!

 
Softens_hands_while_you_do_the_dishes 2009-02-21 11:01:36 AM  
saintstryfe: Shryke: The markets reflect future outlook in the success of our private sector and country. The fact that they continue to plunge AFTER Obama's stimulus and housing plans have been announced should be extremely troubling to everyone, even left-wings hacks still spoouting "B-B-b-b-BUSH" crapsauce.

You're cute when you're a "spoouting" idiot. Nothing has started yet. It passed, it was signed. And of coruse Wall Street hates it - the party's over! No more president who care more about the Dow then the citizens! Things are gonna change. Evolve or die, bucko.


If by Wall Street you mean Main Street and by party you mean people are seething with anger and it's not directed at their employers who happen to be *WOW* businesses, then perhaps you're onto something.

Or perhaps you have connections in the party and will be able to secure a federal government job, where after 30 years you can retire with full pension until you die along with full medical. Yes comrade, party has it's privilege. 20 and retire at 50. Sweet. Sure. I'll pay for the comrades to work slowly and for better security at the politburo. Whatever. I am a faithful taxpayer.

 
saintstryfe 2009-02-21 11:05:10 AM  
Softens_hands_while_you_do_the_dishes: If by Wall Street you mean Main Street and by party you mean people are seething with anger and it's not directed at their employers who happen to be *WOW* businesses, then perhaps you're onto something.

Or perhaps you have connections in the party and will be able to secure a federal government job, where after 30 years you can retire with full pension until you die along with full medical. Yes comrade, party has it's privilege. 20 and retire at 50. Sweet. Sure. I'll pay for the comrades to work slowly and for better security at the politburo. Whatever. I am a faithful taxpayer.


....

What in the blue hell are you babbling about, you psycho?

 
Softens_hands_while_you_do_the_dishes 2009-02-21 11:10:06 AM  
saintstryfe: Softens_hands_while_you_do_the_dishes: eddyatwork: In other words they might actually fix the problem then.

fix it. yeah uh huh. he might just do that. And he might do it the way freshman senators from Illinois do it after getting elected President. Order Americans to start killing fellow Americans. Who can say. You just hope for the best. I see where Ceasar Chavez finally built his civilian defense corp to the size necessary to pass a referendum making him leader for life. Sweet.

Step back - you're arguing AGAINST ABRAHAM LINCOLN. You, to score political points in 2008, are arguing against arguably our greatest president's actions during the most perilous insurrection in our nations history. Really. Not even to mention he was a republican!


Oh shiat, Lincoln also was a freshman senator from Illinois presiding over a country going into it's 4th decade of ever deepening divisions over cultural issues. Oh boy, you had to go and point that out. Well at least we have anti-depressants this time. Probably be freely dispensed under Obama's health plan.

 
Softens_hands_while_you_do_the_dishes 2009-02-21 11:11:58 AM  
saintstryfe: Softens_hands_while_you_do_the_dishes: If by Wall Street you mean Main Street and by party you mean people are seething with anger and it's not directed at their employers who happen to be *WOW* businesses, then perhaps you're onto something.

Or perhaps you have connections in the party and will be able to secure a federal government job, where after 30 years you can retire with full pension until you die along with full medical. Yes comrade, party has it's privilege. 20 and retire at 50. Sweet. Sure. I'll pay for the comrades to work slowly and for better security at the politburo. Whatever. I am a faithful taxpayer.

....

What in the blue hell are you babbling about, you psycho?


Facts you farking moron. Federal workers have it made in the farking shade compared to the average private industry worker (other than northern state union farkers who also get full benefits and retirement pay after 30 years). When you can farking live longer sucking off the system that you do putting into the system, what the fark do you think will be the outcome, you dense douchebag?

 
Softens_hands_while_you_do_the_dishes 2009-02-21 11:14:12 AM  
Oh I forgot, this is the place where the Rhianna thread hits 600 in 30 minutes. We're lucky the level of discourse if even where it is. Yeah you kids are digging this bankrupting of your parents. It's cool man.

 
hillbillypharmacist [TotalFark] 2009-02-21 11:23:27 AM  
Have a beer and some cheese, Liam.

 
Softens_hands_while_you_do_the_dishes 2009-02-21 11:42:08 AM  
So what does he do besides biatch and moan. How about this for starters. Currently there is dis-equillibrium in the economy. Essentially we are producing more rapidly than we can consume (deflation). What to do? How about something radical like cut back 50 yea and older workers hours to 32 per week with no dimunition in pay and strong protection from discrimination. People at rest will be consumers, not producers.

What does the senior worker give back? Being a mentor to their eventual replacement or paying a luxury tax on the extra 8 hours a week in pay. On alternate Fridays you give freely of your time at home to answer questions and telecommute with your apprentice. Heck, you might have to bring an inner city minority kid into your home for dinner, something blueblood Nancy Pelosi's probably never done her entire life.

 
Catran 2009-02-21 11:56:28 AM  
winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.


The slave labor helps, too.

 
jjorsett 2009-02-21 11:58:10 AM  
mynameismark: As if, now that Bush has gone, we can no longer blame him mostly for the mess we're in.

Be serious. As long as this mess goes on his name will be dragged into it. And rightfully so.


Forever? At any point does it become Obama's? I'd be willing to bet that if things improved Obama would take the credit, so will he take the blame if, say, 4 years from now we're still in trouble?

 
Hobo Jr. 2009-02-21 11:59:31 AM  
Contents of a Space Wasp's stomach: American business schools have been churning out graduates whose sole purpose is to make themselves rich at the expense of the companies they work for since the 1980's.

Pull back on the hyperbole throttle and consider the fact that you may not know what you are talking about.

I can't speak for anyone else but my school's faculty emphasizes ethics in every class. There are dumb, greedy people in every profession, the business world along with politics are some of the more high profile sectors. When was the last time you heard of a greedy geologist? They are out there but no one cares.

 
benlonghair [TotalFark] 2009-02-21 12:00:11 PM  
Softens_hands_while_you_do_the_dishes: Yeah you kids are digging this bankrupting of your parents. It's cool man.

It's wrong to see a certain entertainment value to this situation? Then I don't want to be right.

Seriously. I made 2.58% on my 401k over the past 12 months. Back a year ago we had a "financial advisor" come in to the small complany I work for and talk to each employee individually. He told me "You're young, you need to be more agressive, make more money."

I looked at him and said "I'm young, I've got time to let small profits add up."

Everyone who listened to his BS about being agressive lost 25-30% over the past two years. In fact, of the 5 people I've talked to, the smallest loss I've seen was 26 and change percent. One guy lost 38.2%. I made money being conservative.

I do find this situation (which, for the most part was brought on by greed) funny.

 
Fallout Zone 2009-02-21 12:16:00 PM  
winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.


The United States in the '00s cut taxes, outsourced Gov, and cut regulations and is now on the fringe of a Depression.

 
Jurodan 2009-02-21 12:29:55 PM  
Shryke: mynameismark: Shryke: mynameismark: This guy gets smarter all the time.

A much needed change from George Failure Bush.

/it's a nice feeling

Haha. Seen the markets lately? How abot thihs year's deficit? Such a nice change.

And the markets indicate what, exactly? And pulling out of Georgie's death spiral asap is much more important now than the deficit.

The markets reflect future outlook in the success of our private sector and country. The fact that they continue to plunge AFTER Obama's stimulus and housing plans have been announced should be extremely troubling to everyone, even left-wings hacks still spoouting "B-B-b-b-BUSH" crapsauce.


The losses are from wall street are will slow down and eventually stop. It's like putting on a tourniquet to staunch the flow of blood. Did you expect the patient would just jump and say he's fine? Barack Obama is NOT a miracle worker. That is NOT an insult. He's doing the best he can. If you think he can turn around the economy like stopping a car that's stuck in reverse and throwing it into drive again, you're insane. It will take more than a week to fix this mess. Be patient.

 
JustinCase [TotalFark] 2009-02-21 12:58:46 PM  
thatmanfromtexas: announced his exit in October and thanked those who allowed his success;

Yes, so very much, yes. Excellent point, low hanging fruit indeed.

/I like the last paragraph of the article:
And sometimes, the culture clash between corporate America and the federal government can spark memorable friction. General Motors CEO Wilson's constant raw language and impolitic commentary provoked his boss, President Eisenhower, to exclaim in frustration: "Damn it, how in the hell did a man as shallow as Charlie Wilson ever get to be head of General Motors?"

 
saintstryfe 2009-02-21 01:18:13 PM  
Softens_hands_while_you_do_the_dishes: saintstryfe: Softens_hands_while_you_do_the_dishes: If by Wall Street you mean Main Street and by party you mean people are seething with anger and it's not directed at their employers who happen to be *WOW* businesses, then perhaps you're onto something.

Or perhaps you have connections in the party and will be able to secure a federal government job, where after 30 years you can retire with full pension until you die along with full medical. Yes comrade, party has it's privilege. 20 and retire at 50. Sweet. Sure. I'll pay for the comrades to work slowly and for better security at the politburo. Whatever. I am a faithful taxpayer.

....

What in the blue hell are you babbling about, you psycho?

Facts you farking moron. Federal workers have it made in the farking shade compared to the average private industry worker (other than northern state union farkers who also get full benefits and retirement pay after 30 years). When you can farking live longer sucking off the system that you do putting into the system, what the fark do you think will be the outcome, you dense douchebag?


What.. in the hell did that have to do with anything I've said? I don't think I mentioned government workers at all. You just started ranting.

You're mentally challenged. Please go seek help.

 
netcentric 2009-02-21 01:20:22 PM  
"He's doing the best he can." - at appointing Clinton recycles, bureaucrats and half fingered cronies.

"If you think he can turn around the economy like stopping a car that's stuck in reverse and throwing it into drive again, you're insane. It will take more than a week to fix this mess."
- I don't think anyone thinks it will turn around fast. But he is not getting the car even set in low gear. The Democratic Congress may have put it in reverse, and now so far Obama has not even tried to shift it into neutral let alone drive. He is not even appointing people who would have a good track record of pushing the car foward when it runs out of gas.
You can hype it to sound like every one expects instant change, but reality is they don't. Rational people don't even see though that O has even found the ramp to lead to the fast lane. He has only succeeded in bloating Gov't into a bigger dependency. Not many people, friend of foe think that is good.

Be patient We are, but Wallstreet cannot be lazy like Obama and wait for the patient to bleed out.

He, O, better get some help... and fast

 
Dwight_Yeast 2009-02-21 03:44:21 PM  
REading thisthread, the only thing I'm wondering is whether or not I should put Softens_hands_while_you_do_the_dishes on ignore or not.

 
Goodfella 2009-02-21 05:28:10 PM  
winterwhile: A differend direction is to spend a Trillion dollars?

No way thats the standard Dem answer, big Gov big spending

It does not work

India in the 90's cut taxes, cut Gov, and cut regulations and now has a booming GDP.

Thats what you do, nothing else works.


Gw bush also cut taxes and cut regulations, and that's what got us into the mess we are now in. You think continuing these policies is somehow going to reverse what they caused?

You probably think pouring gasoline on a fire will put it out.

 
TheRaven7 2009-02-21 10:58:35 PM  
Softens_hands_while_you_do_the_dishes: saintstryfe: Softens_hands_while_you_do_the_dishes: eddyatwork: In other words they might actually fix the problem then.

fix it. yeah uh huh. he might just do that. And he might do it the way freshman senators from Illinois do it after getting elected President. Order Americans to start killing fellow Americans. Who can say. You just hope for the best. I see where Ceasar Chavez finally built his civilian defense corp to the size necessary to pass a referendum making him leader for life. Sweet.

Step back - you're arguing AGAINST ABRAHAM LINCOLN. You, to score political points in 2008, are arguing against arguably our greatest president's actions during the most perilous insurrection in our nations history. Really. Not even to mention he was a republican!

Oh shiat, I just got owned pretty hard. Quick! A personal attack diversion! Lincoln also was a freshman senator from Illinois presiding over a country going into it's 4th decade of ever deepening divisions over cultural issues. Oh boy, you had to go and point that out. Well at least we have anti-depressants this time. Probably be freely dispensed under Obama's health plan.

 
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