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SeekingFreedom
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So, with Brown in and the Super Majority out...

Any predictions?

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raybond
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yes bigger struggles on everything and not so good for the democrats they should have worked harder that one thing I can say the republicans stick together congrats

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thinkmoney
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Yipee - The people won and the folks dont want current policies at Washington - no to deficits - no to health care reform as is -

Yes to jobs and deficit reduction and smaller taxes - it is laughable that jobs were not the priority with the Obama admin. -

Jobs and defecit reduction should have been the priority - Yipee- the political tide has turned -

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SeekingFreedom
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quote:
Originally posted by raybond:
yes bigger struggles on everything and not so good for the democrats they should have worked harder that one thing I can say the republicans stick together congrats

Uh, Ray, it was the Independents in Mass that put Brown in, the number of registered Repubs in Mass is laughable.

This is what I think is worthy of discussion on this. Brown's message was clear, Stop Big Government and Provide Health Care Reform not the monstrosity that is currently in play.

The Independents sided resoundingly with that message in a heavily Democratic state (understatement). This is what I see as most telling.

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glassman
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this is good for the country, but not good for either party.




1 Mr Brown owns a truck, a 2005 GMC Canyon pick-up, with 200,000 miles on the clock.

2 At the age of 22, as a law student in Boston, he was named America's Sexiest Man by Cosmopolitan magazine. He posed naked as its centrefold in its June 1982 issue. He is now a practising real estate attorney.

3 He has two daughters: Ayla is a college basketball champion and former American Idol semi-finalist; Arianna is a pre-med student at Syracuse University.

4 Mr Brown is also a basketball player. At Tufts University he was known as Downtown Scotty Brown, possibly for his long-distance jumpshots. 5 At the age of 12 he was caught shoplifting but returned to the straight and narrow after a judge made him write a 1,500-word essay on why his brothers and sisters would not want to see him play basketball in jail.

6 He has been married for 23 years to Gail Huff, a reporter at WCBV-TV in Boston.

7 His parents divorced when he was a toddler; both have remarried three times.

8 Mr Brown joined the Massachusetts National Guard at the age of 19 and rose to the rank of lieutenant-colonel before he reached the mandatory retirement age of 50 in September last year.

9 He has served as a defence lawyer for the Guard and has also been deployed to Paraguay and Kazakhstan.

10 The Senate seat he won was occupied by John F. Kennedy, before he came president, and then, for almost 47 years, by his brother, Ted Kennedy.

11 He ran a web-savvy campaign, raising $1.3 million in a single day in an online "money bomb". Portraying himself as a hard-working, regular guy, he drove his truck everywhere during the campaign.

12 Barack Obama told voters in Massachusetts: "Anyone can own a truck."

13 Mr Brown first won public office in 1992. He was elected to the Massachusetts state senate in March 2004.

14 He is widely seen as a liberal Republican: he supports legalised abortion but opposes same-sex marriage.

15 In Massachusetts, he backed state healthcare reform. But he has promised to oppose Mr Obama's nationwide healthcare reforms because he says they would cost too much.

16 He is a champion triathlete, who gets up to train at 5am.

17 He worships at a Protestant chapel in Franklin but has raised over $5 million for an order of Cistercian nuns in Wrentham, Norfolk county.

18 He told his victory party: "I'm Scott Brown. I'm from Wrentham. I drive a truck. And I'm nobody's senator but yours."

19 He also decided to introduce his two daughters to his supporters and announced that they were "both available", but was quickly reminded that Arianna had a boyfriend. "Arianna's definitely not available but Ayla is," he added.

20 Mr Brown received a congratulatory phone call from Mr Obama after his victory. He said that he had offered to drive his truck up to Washington for a two-on-two game of basketball on the White House court.


http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6994769.ece


hopefully its a wakeup call for all of the rest of Congress.

People keep blaming Obama for Congresses mess.

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T e x
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Shows Obama should have gone after Wall Street & jobs first, building mojo to take on health care. Now, all that's been squandered...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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thinkmoney
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Obama has his priorities messed up.
Polls show the #1 issue for americans is jobs. Without jobs, nothing else is possible. You have to have jobs and then all else takes care of itself.
The irony is if jobs was the priority in his admin., helathcare reform would have been possible.

We do not need an overhaul of system just fixin the parts that need fixing. And, make it less costly vs. the opposite.

Anyways, I for one am anxious to hear Obama's response. I bet we get a scaled back passage to save face for Obama.

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raybond
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SF Brown thinks like a republican talks like one he is a consevative. Same thing without the Republican vote he never would have won and that goes the same for A lot of Dems

Like I said bigger struggles for Obama and that is as plain as the nose on your face.

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glassman
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i haven't heard much that i like about the health care plan.

the best part would have been a public option. the insusance co's actually like the new plan as i hear it.

everybody says it woudl destroy private insurance but i do not beleive it would unless they run it at deficit too.


employers that switch over to it would lose their best employees to co's that keep the best insurance. more competition is better.

the fact that the Dems were able to negotiate amongst themselves for what they wanted int he bill is what destroyed it IMO.

If the GOP had gotten involved? they would have been able to dictate some of the issues as a group instead they decided to step back and make it a wholly Dem plan.

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raybond
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Forty-six (46%) of voters said their vote was mainly to show support for health care reform rather than to show opposition to it (35%).

– Independents sent a clearer signal on the issue, with 44% stating their vote was mainly in opposition to reform and 30% saying it was mainly in support.

– Coakley voters were stronger in their support for reform (80% said their vote was mainly in support of reform) than Brown voters were in opposition to it (65% said their vote was mainly in opposition to reform).

– Coakley won among voters who rated health care reform a “10” on an importance scale (Coakley 53% to 47% for Brown), Brown won among voters who said the same for jobs and the economy (Brown 55% to 44% for Coakley) and won bigger among voters who highlighted taxes and spending (Brown 70% to Coakley 29%).

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glassman
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quote:
Originally posted by thinkmoney:
Obama has his priorities messed up.
Polls show the #1 issue for americans is jobs. Without jobs, nothing else is possible. You have to have jobs and then all else takes care of itself.
The irony is if jobs was the priority in his admin., helathcare reform would have been possible.

We do not need an overhaul of system just fixin the parts that need fixing. And, make it less costly vs. the opposite.

Anyways, I for one am anxious to hear Obama's response. I bet we get a scaled back passage to save face for Obama.

is the Govt supposed to provide jobs or not? Bush created jobs by giving away money and pushing the real estate bubble.

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tmanfromtexas
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quote:
Originally posted by SeekingFreedom:
quote:
Originally posted by raybond:
yes bigger struggles on everything and not so good for the democrats they should have worked harder that one thing I can say the republicans stick together congrats

Uh, Ray, it was the Independents in Mass that put Brown in, the number of registered Repubs in Mass is laughable.

This is what I think is worthy of discussion on this. Brown's message was clear, Stop Big Government and Provide Health Care Reform not the monstrosity that is currently in play.

The Independents sided resoundingly with that message in a heavily Democratic state (understatement). This is what I see as most telling.

SO there is more independents than democrats in Mass.??? I think the democrats put him in office and that should scare the crap out of the dems in Washington.

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In the end, trust only yourself when trading stocks.

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Lockman
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President Obama's biggest blunder has been his inability to tell the American people what he wants to accomplish.

I still don't know what vision he has as far as health care, he has never come out with his plan.
He seems to play it safe by sitting on the fence.

Obama needs to take a stand on something and not just have these obscure objectives that noone can figure out what he's doing.

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thinkmoney
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The govt doesnt creat jobs- the private sector does - Govt should provide a friendly env for firms to operate -

The uncertainty regarding Obama admin is not good for job creation-

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glassman
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quote:
Originally posted by thinkmoney:
The govt doesnt creat jobs- the private sector does - Govt should provide a friendly env for firms to operate -

The uncertainty regarding Obama admin is not good for job creation-

well, i'd say that uncertainty is the norm in a free society.

in China they have less uncertainty. the Govt delegates where jobs go and runs the economy and they are not our ally.

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SeekingFreedom
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On a lighter note. [Razz]

http://www.youtube.com/watch?v=bpevc2t_Frw

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thinkmoney
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The uncertainty is one aspect why issues of job creation is bein undermined
Currently, it is the business uncertainty that undermines job creation. The deficits harm job creation and ultimately can bankrupt an economy. Also, the unfriendly tax environment for business, the business bashing. Obama is a constitutional lawyer and organizer - but lacks skills in forein affairs or business.
He lacks the experience but voters elected him knowing that mostly due to Bush dislike.

It is awesome that S. Brown is in senate cause there now will be more balance vs the extreme left ideology. Folks elected Obama but thought he would govern from a centrist place but Pelosi and REid ran with the ball and Obama let them.

This country was built on economic and political freedom and it has been the ingenuity of the american people that made this society.

Socialism/communism kill ingenuity and you become a warden of the state where the bureacrats make the decisions and you work for them. Americans dont want that and finally a wake-up call!

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glassman
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and Obama let them.

this is how Democratic Republics are supposed to work.

Cheney tried to draw all the power to the white house and that is bad.

Any President has little to no control over Congress. Bush didn't veto a bill for the first (what?) 7 years in office? This created an illusion that he was directing Congress. He wasn't- Congress was actually running rampant that's why all those people got charged with crimes.

As for job creation? Part of the reason job creation is so far down is because there were so many illegals in our economy that were not on the books. The job numbers were much worse than they appeared to be. Banks are not lending, that hurts job creation. What have banks been doing? They've been trading in the markets and making a killing, INSTEAD of lending. Remember the last year has been a huge gain on the market and the banks have been playing it for all it's worth.

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thinkmoney
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A prez does not control Congress nor should the office.

However, the prez leads the nation and influences direction. Obama was very content in all the extreme left was doing but Americans are not and fianlly are waking up.

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The Bigfoot
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quote:
Washington (CNN) – President Obama promised Wednesday that Democrats will not "jam" a health care bill through Congress and will wait until Republican Scott Brown takes his seat in the Senate before moving ahead.

"Here's one thing I know and I just want to make sure that this is off the table: The Senate certainly shouldn't try to jam anything through until Scott Brown is seated," the president told ABC News. "The people in Massachusetts spoke. He's got to be part of that process."

Obama said the tide that swept Brown into office Tuesday reflected a broader discontent in the country about the troubled economy, but he said comprehensive health care reform should not be defeated as a result.

"Here's my assessment of not just the vote in Massachusetts, but the mood around the country: the same thing that swept Scott Brown into office swept me into office," Obama said. "People are angry and they are frustrated. Not just because of what's happened in the last year or two years, but what's happened over the last eight years."

In a candid assessment of his political standing one year after his inauguration, the president admitted that the White House needs to do "a better job" of connecting with the American people in its second year. According to a new CNN Poll of Polls released Wednesday, 51 percent of Americans approve of Obama's performance as president, while 42 percent say they disapprove of the job he's doing.

"If there's one thing that I regret this year, it is that we were so busy just getting stuff done and dealing with the immediate crises that were in front of us that I think we lost some of that sense of speaking directly to the American people about what their core values are and why we have to make sure those institutions are matching up with those values," Obama said.

The president also said he needs to do a better job explaining the rationale behind some of the policy decisions being made in Washington. Not communicating his reasoning behind those decisions, he said, was "a mistake."

"I think, you know, what [the American people] ended up seeing is this feeling of remoteness and detachment where there's these technocrats up here making decisions," he said. "Maybe some of them are good, maybe some of them aren't, but do they really get us and what we're going through?"

On the topic of health care, the president said "it is very important to look at the substance of this package and for the American people to understand that a lot of the fear mongering around this bill isn't true."

He said he believes Democrats and Republican can agree on certain elements in health care reform legislation, specifically lowering insurance costs.

"I would advise that we try to move quickly to coalesce around those elements of the package that people agree on," the president said.

http://politicalticker.blogs.cnn.com/2010/01/20/obama-democrats-will-not-jam-thr ough-health-care-reform/#more-86251

Posting this mostly so the Presidents own words don't get lost in the scuttle of political back and forth.

I am hoping that since the filibuster proof majority is gone in the senate it will give the conservative dems and socially moderate repubs a reason to get more involved in the health care reform bill.

I also think this republican win could actually end up helping a few dems keep their seats in 2010. Now that the 'dangerous' majority is broken independents will not necessarily be so quick to vote against a sitting member without cause.

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No longer eligible for government service due to lack of tax issues.

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glassman
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quote:
Originally posted by thinkmoney:
A prez does not control Congress nor should the office.

However, the prez leads the nation and influences direction. Obama was very content in all the extreme left was doing but Americans are not and fianlly are waking up.

same sort of thing happened with Clinton too...

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T e x
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tm posts:

quote:
The uncertainty is one aspect why issues of job creation is bein undermined
Currently, it is the business uncertainty that undermines job creation.

ThinkMoney, who invented the current round of uncertainty?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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SeekingFreedom
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quote:
Posting this mostly so the Presidents own words don't get lost in the scuttle of political back and forth.
Big, it's easy for him to be magnanimous about not 'jamming' it through when he knows he has no prayer of accomplishing it even as he wants to try. [Razz]

quote:
ThinkMoney, who invented the current round of uncertainty?
Obama is, Tex. You can blame the economic collapse on Bush and the Repubs if you want (and I would be hard pressed to debate it), but it's Obama's anti-business retoric that is causing employers' unease.
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glassman
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it's Obama's anti-business retoric that is causing employers' unease.

 -

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Don't envy the happiness of those who live in a fool's paradise.

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SeekingFreedom
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Obama Seen as Anti-Business by 77% of U.S. Investors

http://news.yahoo.com/s/bloomberg/20100121/pl_bloomberg/a8uii1bcrdmy

Jan. 22 (Bloomberg) -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

“Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young, a managing director for a broker dealer in New York. Young cited Obama’s efforts to trim bonuses and earnings, make health care his top priority over jobs and plans to tax “the rich or advantaged.”

Carlos Vadillo, a fixed-income analyst at Wells Fargo Securities LLC in San Francisco, said Obama has been in a “constant war” with the banking system, using “fat-cat bankers and other misnomers to describe a business model which supports a large portion of America.”

Europe, Asia

Outside the U.S., Obama continues to get high marks with three-quarters or more of investors in Europe and Asia viewing him favorably. These rankings bring his global favorability rating to 60 percent among all poll respondents.

When it comes to his ability to manage a financial crisis, 55 percent of Europeans say they are either mostly or very confident; Among Asian respondents, 59 percent say they are somewhat confident or not confident; 38 percent expressed confidence.

Unlike other recent presidents, Obama hasn’t selected a leading business executive for his cabinet or a top advisory role. One year after taking office, he is coping with a jobless rate hovering around 10 percent and a federal deficit that rose to $1.4 trillion last year. In response, he has proposed a fee on as many as 50 large financial firms and yesterday called for limiting the size and trading activities of financial institutions as a way to reduce risk-taking.



Read the rest of the article as well if you're interested.

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raybond
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glassman
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“Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young, a managing director for a broker dealer in New York. Young cited Obama’s efforts to trim bonuses and earnings, make health care his top priority over jobs and plans to tax “the rich or advantaged.”

and you think this is a "bad" thing? LOL...

i don't even know how to begin to explain to you how screwed up the "investors" in this country are. For starters? Who do you think has been behind sending all of our jobs overseas?

Do yo think maybe that's why our jobless rates are so high, and will stay that way?

People want to balme everybody BUT the investors for the housing crisis, I got news forya, the people that HAD money to lend are the ones reponsible for how it got lent. NOBODY else.

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SeekingFreedom
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By definition, Glass, the 'investors' are the people with money. People with money own companies that employ people. Companies that employ people are how the average american makes their living.

Let's look at that cylce. If you remove the people with money, or scare them into NOT lending\investing money; you halt the growth of their companies\the companies they were supporting.

What does that do for the average american?

quote:
I got news forya, the people that HAD money to lend are the ones reponsible for how it got lent. NOBODY else.

Bull. How many videos from youtube do you want showing CSPAN with Congressional hearing about how banks need to lend more money to below-average earning americans to buy houses? How many do you want about ACORN picketing bank managers' homes to strong-arm them into lending to the peeps in the ghetto?
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glassman
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not bull, what you do not understand is that the money came from somewhere. The banks lend the money and then go out and raise more, They were not honest about the risk levels they were lending at. And that is the real problem. They rated the loans at the wrong level because they beleived RE values could not go down. Investors were lied to by the rating agencies. The rating agencies simply claim they were mistaken. This is debatable, but the real issue is that trust has been lost because the market failed itself. I have a hard time imagining anybody that would be trusted right now.


Bush ALSO pushed it, it was not just Congress. The fact still remains that people with money decide where their money will be invested. NOT the govt.

what you call strong-arming is hardly strong-arming. Countrywide willing entered the sub=prime market for profit.

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thinkmoney
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The govt sparked the downfall with its policies and the gangsters at wallstreet milked it all the way to collapse due to thier greed -

That's way I have not ever been pursuaded that bailing out was the only way - failure should have consequences not bialout at taxpayer expense - But, i am astonished at how the market is reacting this week - it scares me cause I thought worse was over-

Havnt the gangsters stole enough?

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raybond
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think money you are one of the few on this board that understands what happened

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thinkmoney
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Wow - I'll take that as a complement but my hope is more americans understand because we have to take our country back and hold those responsible accountable.
Also, I am saddened that our political system did not address jobs and unemployment but spent our childrens' money on pork stimulus then tried to put thru a costly health reform...All that time should have been focused on jobs then deficit reduction as priority tehn accountabilty. Shame on The Democrats and congress and the prez for not addressing what is critically important to the nation. Isn't that what democracy is about? Our elected serve and respond to us vs having the arrogance they know best...
I think the focus now may shift to jobs, etc but we will see...

We need health reform but it should be focused on cost reduction and one issue at a time where there is bipartisan support. We do not need health overhaul; we need to improve our system. When you give free health care to all without regard to personal responsibility and cost, you may bankrupt a country...

What happened with the bailout is injustice but the issue is - how do we fix it so that americans can work because without jobs, Americans will continue to suffer....

Americans have ingenuity but that should be encouraged vs stifled. Socialism kills ingenuity and fails to provide solutions. We need equal opportunity but not equal rewards in this country. Those that broke our system should be accountable and payback all financially and put in jail or some other justice. I say community service could be part of solution. Let them help those they harmed.

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jordanreed
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you mean we should hold bush and his cronies responsible ?? good for you TM..they harmed us and we are suffering greatly...the private sector will not regulate itself for our good...they need to be regulated by our government to reign them in..healthcare, wallstreet, housing, etc...bushs deregulation policies putnear destroyed us!

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jordan

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glassman
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quote:
Originally posted by thinkmoney:
The govt sparked the downfall with its policies and the gangsters at wallstreet milked it all the way to collapse due to thier greed -

That's way I have not ever been pursuaded that bailing out was the only way - failure should have consequences not bialout at taxpayer expense - But, i am astonished at how the market is reacting this week - it scares me cause I thought worse was over-

Havnt the gangsters stole enough?

the market reaction this week would have happened at the very first opportunity presented to it, Obama or the Chinese cutting back on lending, or anything else. We are in a normal retracement that needed an excuse to happen.

Shares in Asia decline on Chinese lending drop

By WAYNE COLE Jan 20 2010
Tags: Stock Market
Asian shares fell broadly and the dollar rose across the board after reports that some Chinese banks had been instructed to reduce lending — a move that may slow China’s economic recovery.

The Chinese authorities have pressed some major banks to restrict their lending during the rest of January after a burst of credit in the first couple of weeks, the official China Securities Journal said. The report also hurt commodity prices and currencies leveraged to global growth, like the Australian dollar.


http://www.mydigitalfc.com/stock-market/shares-asia-decline-chinese-lending-drop -251

the dollar rises despite the fact that we have flooded the economy with dollars? no big shock, the other countries are doing it too..

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Don't envy the happiness of those who live in a fool's paradise.

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SeekingFreedom
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quote:
think money you are one of the few on this board that understands what happened
Uh, oh. Think, you just dissed on the Holy One's healthcare...I think Ray may be in the process of retracting his compliment any minute now. [Razz]
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