Barack Obama will transform a U.S. economy reeling from the worst financial crisis since the Great Depression — and he may not wait until Inauguration Day to get started.
He’ll get his chance when Congress returns in less than two weeks for a lame-duck session with plans to pass another economic stimulus bill. Such a package would only be a down payment on Obama’s economic recovery program if the Republican incumbent, George W. Bush, supports it. The rest will come when Obama, 47, is in the White House.
The Democratic president-elect has much more on his agenda, amounting to what may be the broadest overhaul of the U.S. economy since Franklin D. Roosevelt’s New Deal. Beyond job creation and big investments in public works, Obama intends to shift the tax burden back toward the wealthy, roll back a quarter-century of deregulation, extend health-care coverage to all Americans and reassess the U.S. government’s pursuit of free- trade deals.
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“The changes will be far greater than many expect,” said Andrew Laperriere, managing director at International Strategy & Investment Group, a money management and research firm in Washington. “From taxes to energy to health care, it’s a pretty sweeping agenda.”
In the 2 1/2 months leading up to the Jan. 20 inauguration, the president-elect’s challenge will be to work with the Bush administration on a transition that is collegial without being collaborative.
Bush, partly at the behest of European leaders, will convene a summit Nov. 15 to discuss longer-term strategies to prevent another credit crisis. That could put the president-elect in an awkward position, because he’ll be pressed to render his views on a meeting at which he has no official standing.
Bush’s Show
It “might not be such a good idea” for Obama and his team “to take a prominent role at the Nov. 15 summit,” said Mickey Kantor, who worked on Bill Clinton’s transition team in 1992 and later served as U.S. trade representative and Commerce secretary. “It’s Bush’s show, and you don’t want any confusion about that.”
November 5th, 2008 at 1:07 pm
ODE TO JOY! Last night the people came out in their countless millions in support of their beloved Obama. They came from every race, every creed, every ideology to give voice to the savior’s mantra “Yes We Can!” There would be no theft on this day. His devoted followers would not coutenance it. The great masses of the people, yearning for change, shattered the stranglehold that the Rich White Ruling Elite had over power since the days of the Founding Fathers. The people were crying out for a champion, a messiah, and He heard our call. Oh Obama, we believe on you like you believe on us! Forward, forward, let’s change the world. We are behind you oh Obama, till the death! He is the beloved hero of the people, and he dealt a smashing defeat to the status quo. YES, We Can! God bless you Barack Obama, for you transcend all things.
November 5th, 2008 at 2:13 pm
Draconius Horribilus: Give me a fucking break! What has he done besides change the color of the President? You will be gravely disappointed, I assure you. Also, you are obviously imbalanced mentally so you should stay the hell away from me.
November 5th, 2008 at 2:20 pm
Well irony of irony if everyone acts together they have great power, including over the economy. The masses believe a dem pres will fix economy. Consumer confidence goes up and the economy will go up. Wheather or not he does anything beneficial or even harmful. At least at first.
A self fufilled wish at least in part.
November 5th, 2008 at 4:47 pm
Draconius Horribilus:
The great masses of the people, yearning for change, shattered the stranglehold that the Rich White Ruling Elite had over power since the days of the Founding Fathers.
B. Hussein O. and his deluded and deceived following shattered nothing. He is just another puppet in the hands of the F.R.B., Wall Street and International corporations as was Bush II, Clinton, Bush I, Reagan, Carter etc.. Nothing will change………period………….
He would be a real patriot if he and congress refused to renew the F.R.B. bank charter and return the creation and issuance of currency to the Treasury of the U.S.A and returned the economy back to a Gold and Silver standard. What exilerating fun it would be to have block parties buring in great piles the worthless paper currency that have been issued over the last 90 years and hearing the clink of silver dollars in our pockets once again.
November 5th, 2008 at 5:54 pm
Ron Paul Bitches!!!!!!!!!!!!!!!!!!
November 5th, 2008 at 6:31 pm
Look at all this infotainment. All this dyer news about THE NWO! The END GAME is near. Right next to 9898794404 ads to make Alex Jones rich. A true revolutionary eh. He really wants to help and to save people. He wants you to know what “they” are really doing. He knows more than “they” do. Maybe Alex is “they”.
Oh whoa its the NWO! the CIA! the Mossad! Open your eyes sheeple! Poor Alex. Upset because he was laughed out of the republican party. He has resorted to fear mongering and selling 3rd rate infotainment to any kool-aid drinker who’ll listen. He is so terrified that since Obama has been elected that he won’t have that large base of fear to exploit for his own monetary gain. Lets see the end game was coming in 1999, then it was 2000, then it was 2004, 2006. But surely it will be in 2009! Or the next 1000 years maybe. Never ending conspiracy. First it was JFK, then the Branch Davidians, then Bilderberg, Bohemian Grove. Anybody else noticing a pattern? Obama just got elected and hes already a puppet of that evil NWO. He spent alot of time trying to build up a fellow republican from Texas. In the end he killed Dr.Paul’s chances. Just by being endorsed by Alex. It was much easier for MSM to laugh at him with Jones’ support and that of the InfoWarriors. Yes Alex is a Texas republican who deals in infotainment. Alex has even run for office in Texas. This is to news what professional wrestling is to sports. Stop making this quack rich.
Question everything Alex Jones says. Question everything ANYONE says. Stop Following men and allow yourself to lead …
November 5th, 2008 at 6:32 pm
Look at all this infotainment. All this dyer news about THE NWO! The END GAME is near. Right next to 9898794404 ads to make Alex Jones rich. A true revolutionary eh. He really wants to help and to save people. He wants you to know what “they” are really doing. He knows more than “they” do. Maybe Alex is “they”.
Oh whoa its the NWO! the CIA! the Mossad! Open your eyes sheeple! Poor Alex. Upset because he was laughed out of the republican party. He has resorted to fear mongering and selling 3rd rate infotainment to any kool-aid drinker who’ll listen. He is so terrified that since Obama has been elected that he won’t have that large base of fear to exploit for his own monetary gain. Lets see the end game was coming in 1999, then it was 2000, then it was 2004, 2006. But surely it will be in 2009! Or the next 1000 years maybe. Never ending conspiracy. First it was JFK, then the Branch Davidians, then Bilderberg, Bohemian Grove. Anybody else noticing a pattern? Obama just got elected and hes already a puppet of that evil NWO. He spent alot of time trying to build up a fellow republican from Texas. In the end he killed Dr.Paul’s chances. Just by being endorsed by Alex. It was much easier for MSM to laugh at him with Jones’ support and that of the InfoWarriors. Yes Alex is a Texas republican who deals in infotainment. Alex has even run for office in Texas. This is to news what professional wrestling is to sports. Stop making this quack rich.
Question everything Alex Jones says. Question everything ANYONE says. Stop Following men and allow yourself to lead…….
November 5th, 2008 at 6:32 pm
Look at all this infotainment. All this dyer news about THE NWO! The END GAME is near. Right next to 9898794404 ads to make Alex Jones rich. A true revolutionary eh. He really wants to help and to save people. He wants you to know what “they” are really doing. He knows more than “they” do. Maybe Alex is “they”.
Oh whoa its the NWO! the CIA! the Mossad! Open your eyes sheeple! Poor Alex. Upset because he was laughed out of the republican party. He has resorted to fear mongering and selling 3rd rate infotainment to any kool-aid drinker who’ll listen. He is so terrified that since Obama has been elected that he won’t have that large base of fear to exploit for his own monetary gain. Lets see the end game was coming in 1999, then it was 2000, then it was 2004, 2006. But surely it will be in 2009! Or the next 1000 years maybe. Never ending conspiracy. First it was JFK, then the Branch Davidians, then Bilderberg, Bohemian Grove. Anybody else noticing a pattern? Obama just got elected and hes already a puppet of that evil NWO. He spent alot of time trying to build up a fellow republican from Texas. In the end he killed Dr.Paul’s chances. Just by being endorsed by Alex. It was much easier for MSM to laugh at him with Jones’ support and that of the InfoWarriors. Yes Alex is a Texas republican who deals in infotainment. Alex has even run for office in Texas. This is to news what professional wrestling is to sports. Stop making this quack rich.
Question everything Alex Jones says. Question everything ANYONE says. Stop Following men and allow yourself to lead…:x
November 5th, 2008 at 8:47 pm
Here is a assignment for you GOAT’S. Make a plan, some of you force yourself to watch the inauguration of YOUR PRESIDENT, “not mine tkank’s’. Follow close and see if he will take his oath to serve UNDER OUR GOD. THE GOD OF ABRAHAM, ISSAC, and JACOB. Will he swear on the HOLY BOOK of GOD or swear his oath on the drug induced satanic visons of mohamad’s ackbar alla and his so called words a koran. I wounder. If he by chance does take his oath on the BOOK of my GOD, the BOOK our country was founded under, this will not insure his christian faith but will show the start of falseness taught by his real religion of lies. Who will he choose to serve, we know not the people. What god/GOD ?
November 6th, 2008 at 9:55 am
watch obama grabs a koran for his oath, now that would be funny?!!
November 6th, 2008 at 9:58 am
Alex is going to find more converts as they realize once and for all they have been duped, as has anyone else with any faith in this political system.
So Obama’s first step is to appoint Rahm Emanuel, as big a warmonger as you are ever going to get! Ya, that sure sounds like Democratic values, if you consider flip-flopping a value. Just like the FISA bill he said he’s fillibuster, and then voted for.
And how about that two years of national service for young women and the homeland security army Obama wants, as well funded as the regular military. Beyond the question of where will he find the money for that, isn’t America looking more and more like fascist Italy?
Man, you guys must get tired of having the knife plunged in your back each time Obama betrays you. And Obama has already proven he can easily betray you, and will again. Biden has said as much, that within six months to a year Obama’s popularity will plummet due to “sound but unpopular” economic decisions — can you say no tax breaks — and a contrived international crisis “where our moral position isn’t clear”, meaning maybe we aren’t in the right (can you say Georgia). Colin Powell and Madaline Albright have also said that a crisis is coming, Powell even went so far as to give dates — two or three days after inaguration. We are being played into our next crisis that will give the globalists even more control and wealth. You can take that, excuse the expression, to the bank.
This whole election was a puppet show, McCain was truly a walking corpse inserted to lose. People see that now like never before.
Obama’s first test will be with the Ameican people. He got 52% of the vote which, when you consider he spent four times the money, is no overwhelming mandate. There is a real rage and disgust at what is going on in Washington — FISA and the Banker Bailout Bill as two examples, both of which Obama supported, especially the later — and if Obama rapidly shows that the change he envisions is more of the same — more war, more banker bailouts, more taxes and austerity, more Iraq troops stationed at home to deal with “civil unrest” — then he is going to have a mess on his hands.
And despite the media making Obama look like a messiah — another fascist tipoff and not a good sign — there is still the little matter of the electoral college having to select him into office, his birth certificate, his Rezko connections, etc. that could trip his coronation up. Of course it could also be used to keep him in line, but it also automatically delegitimizes his presidency — just like Bush’s — if these questions aren’t answered.
By next summer the meme of revolution may be playing itself out on the streets. And maybe that’s what ultimatly needs to happen.
November 6th, 2008 at 12:09 pm
mr o is the biggest phony and fraud ever to hit the american political
system
November 6th, 2008 at 8:42 pm
Phonies and frauds. Frauds and phonies. Someday we’ll get something true again.
February 24th, 2009 at 6:07 am
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