USA & World Economics

Them's fightin' words Revren. Just kidding. Respectfully, I don't understand how Cohen's and your conclusions flow from Carney's statements. Carney mostly makes sense to me. The root cause of the problems he identifies are bad governance and crony capitalism, particularly as applied to banks and the financial industry. "Unchecked market fundamentalism" is indeed a bad thing if it allows banks to become too big to fail, and homeowners to borrow 100% of the money to buy homes that cost 10X more than their annual incomes. Please note that he defines social capital as "the links, shared values and beliefs in a society which encourage individuals not only to take responsibility for themselves and their families but also to trust each other and work collaboratively to support each other." You and Cohen believe he means we're too far towards the capitalist end of the socialist-capitalist spectrum. I believe that could have come straight out of the Tea Party manifesto.

[b]WOW[/b]
[QUOTE=RevBS;439641] Companies are not well served by boards that are too often, in the words of one participant, male, stale, and pale."[/QUOTE]Misandrism (male), Ageism (stale), and Racism (pale) all in one fell swoop. Are you a hater of all older white men or just the ones that are successful?

[QUOTE=Punter127;439665][b]WOW[/b]
Misandrism (male), Ageism (stale), and Racism (pale) all in one fell swoop. Are you a hater of all older white men or just the ones that are successful?[/QUOTE]None of the above. Really, I don't have the energy to hate anybody.

But I think it tick the boxes of the group that oppose Obama vehemently from day one. That is well documented. Fits the two Donald's, Trump & Sterling to just name a couple. In the end, politics and government is all about who has the power and holding on to the power, be it the USA or Thailand.

Obama being elected signify change in America. To be honest, he has not been as successful as he or I wish to see. He was crippled not only by the hate and gridlock but by the financial crisis. And so this leads us back to my original post and to what the Governor of the Bank of England Carney have to say. That is if you are really interested or have an open mind.

[QUOTE=Tiny12;439644]You and Cohen believe he means we're too far towards the capitalist end of the socialist-capitalist spectrum. I believe that could have come straight out of the Tea Party manifesto.[/QUOTE]15 rounds, you and me for the Undisputed Champion of Nana Plaza Parking Lot.

[QUOTE=RevBS;439668]15 rounds, you and me for the Undisputed Champion of Nana Plaza Parking Lot.[/QUOTE]No way Reverend. You'd kick my ass. Underneath your calm demeanor lurks a Kung Fu master. And besides your choice of venue sucks. Unless it's her night off my ex-wife would be there to see it happen, and that would be doubly humiliating.

[QUOTE=RevBS;439667]Obama being elected signify change in America. To be honest, he has not been as successful as he or I wish to see. He was crippled not only by the hate and gridlock but by the financial crisis.[/QUOTE]Obama was "crippled" by his own lack of leadership skills and executive mangement experience, period.

It's as simple as that.

[QUOTE=Punter127;439665][b]WOW[/b]
Misandrism (male), Ageism (stale), and Racism (pale) all in one fell swoop. Are you a hater of all older white men or just the ones that are successful?[/QUOTE]

[QUOTE=RevBS;439667]None of the above. Really, I don't have the energy to hate anybody.
[/QUOTE][B]Tout au contraire, it's all the above. [/B]

And the rest of your reply is nothing more than an attempt to spin and divert away from the bigotry in your original post.

[QUOTE=Punter127;439679][B]Tout au contraire, it's all the above. [/B]

And the rest of your reply is nothing more than an attempt to spin and divert away from the bigotry in your original post. [/QUOTE]I weigh in at about 1. 7, but the scale has not been calibrated for some time.

[QUOTE=RevBS;439667]Obama being elected signify change in America. To be honest, he has not been as successful as he or I wish to see. He was crippled not only by the hate and gridlock but by the financial crisis. [/QUOTE]

[QUOTE=Jackson;439675]Obama was "crippled" by his own lack of leadership skills and executive management experience, period.

It's as simple as that. [/QUOTE]Reverend, Jackson's explanation makes more sense to me. Obama is the only President since Gerald Ford who had no experience as an executive coming into office. Carter, Reagan, Clinton and Bush Jr. all spent significant time running state governments. And Bush Sr. founded businesses, served as a CEO, and ran government agencies. Experience as a legislator, community activist and law professor doesn't prepare a person to run the largest government / bureaucracy in the world.

When Obama came to office in 2008 he had a Democratic House and Senate. He even had 60 votes in the Senate, so Republicans couldn't filibuster. He also had good will by virtue of being the first Black American President. There's a long list of prominent Republicans who supported him in 2008. He however was dogmatic and partisan. When he lost the House, he didn't display the leadership skills of Reagan or Clinton. He didn't reach across the aisle and forge compromises with Republicans.

As to the financial crisis, Reagan faced a crisis too, a deep recession AND high inflation, which you'd think would be harder to pull out of than what we went through in 2008/2009. But thanks largely to the leadership skills of Reagan and Volcker and a willingness to do what's best for the country instead of what's politically expedient, the economy recovered nicely. Obama / Geithner, for better or worse, continued the Bush / Paulson strategy. And flubbed an $800 billion stimulus, the largest in the country's history, by allocating much of it to Democratic Party constituencies.

[QUOTE=Tiny12;439704]Reverend, Jackson's explanation makes more sense to me. Obama is the only President since Gerald Ford who had no experience as an executive coming into office. Carter, Reagan, Clinton and Bush Jr. all spent significant time running state governments. And Bush Sr. founded businesses, served as a CEO, and ran government agencies. Experience as a legislator, community activist and law professor doesn't prepare a person to run the largest government / bureaucracy in the world.

When Obama came to office in 2008 he had a Democratic House and Senate. He even had 60 votes in the Senate, so Republicans couldn't filibuster. He also had good will by virtue of being the first Black American President. There's a long list of prominent Republicans who supported him in 2008. He however was dogmatic and partisan. When he lost the House, he didn't display the leadership skills of Reagan or Clinton. He didn't reach across the aisle and forge compromises with Republicans.

As to the financial crisis, Reagan faced a crisis too, a deep recession AND high inflation, which you'd think would be harder to pull out of than what we went through in 2008/2009. But thanks largely to the leadership skills of Reagan and Volcker and a willingness to do what's best for the country instead of what's politically expedient, the economy recovered nicely. Obama / Geithner, for better or worse, continued the Bush / Paulson strategy. And flubbed an $800 billion stimulus, the largest in the country's history, by allocating much of it to Democratic Party constituencies. [/QUOTE]These are fair comments for the most part. However, the Republican Party lacks leadership at the moment. There is a divisive fight between the Establishment and the Tea Party. So which Republican do you propose that Obama actually negotiate with? Reagan had O'Neill. Clinton had Gingrich. Things got done.

[QUOTE=BigBossMan;439711]These are fair comments for the most part. However, the Republican Party lacks leadership at the moment. There is a divisive fight between the Establishment and the Tea Party. So which Republican do you propose that Obama actually negotiate with? Reagan had O'Neill. Clinton had Gingrich. Things got done. [/QUOTE]BBM, first you have to live in the real world before you can reach across the isle and compromise after you no longer have control of the Congress. Perhaps that explains why Obama was condescending and imperious when dealing with the Republicans during his first two years in office, with the liberals dancing in the streets and the left wing news media predicting the death of conservatism in 2008. Since the loss of the House in 2010, Obama has bypassed Congress at every step to achieve his vision of "transforming America" via executive fiat. Had a Republican president embarked on such an imperial rule by executive fiat the liberals and left wing media would have been apoplectic.

Jackson and Tiny are correct, Obama has nothing to draw on to govern. It does provide a credible explanation for lack of economic growth, lack of job growth, lack of a foreign policy, or any other policy beyond the Cult of Obama.

While I am apposed to such actions by the chief executive, I look forward to a Republican taking the White House in 2016 and reversing all this nonsense by the same method with which it was imposed, executive fiat. I would also hope the new president speaks about Obama at the inauguration with equal or greater distain as Obama heaped upon Bush.

It appears with this latest "prisoner of war" exchange, where the father praises Allah and speaks in Pastu in the rose garden, for 5 of the worst Taliban prisoners at GTMO Obama has managed to step in it again. A lot of folks in the Army are not happy since this guy WALKED OFF from his post before he was "captured" Just in case you did not know I believe this is the only live soldier to be taken captive, every other American solider taken alive was beheaded!

Add to that little debacle Obama's new climate change initiate under the guise of the Clear Air Act by the EPA and it appears Obama intends to drag down his entire party with him this year.

Don't forget all those cancellation notices will come out in a few months.

Yes November 2014 will be most interesting.

[QUOTE=Doppelganger;439713]. Perhaps that explains why Obama was condescending and imperious when dealing with the Republicans

Don't forget all those cancellation notices will come out in a few months.

Yes November 2014 will be most interesting. [/QUOTE]The man obviously bug you even before he display his "emperor" characteristics. My perception is of course, different. For you, he will always be the community organizer. Yet, the rush by the rest of the world to embrace him must have surely irk and astonish you. I remember very clearly, all the demeaning, tearing down of his name and character. It was very difficult to swallow for alot of people. The POTUS being black. Remember the movie, Guess Who is Coming to Dinner?

[QUOTE=Doppelganger;439713]BBM, first you have to live in the real world before you can reach across the isle and compromise after you no longer have control of the Congress. Perhaps that explains why Obama was condescending and imperious when dealing with the Republicans during his first two years in office, with the liberals dancing in the streets and the left wing news media predicting the death of conservatism in 2008. Since the loss of the House in 2010, Obama has bypassed Congress at every step to achieve his vision of "transforming America" via executive fiat. Had a Republican president embarked on such an imperial rule by executive fiat the liberals and left wing media would have been apoplectic.

Jackson and Tiny are correct, Obama has nothing to draw on to govern. It does provide a credible explanation for lack of economic growth, lack of job growth, lack of a foreign policy, or any other policy beyond the Cult of Obama.

While I am apposed to such actions by the chief executive, I look forward to a Republican taking the White House in 2016 and reversing all this nonsense by the same method with which it was imposed, executive fiat. I would also hope the new president speaks about Obama at the inauguration with equal or greater distain as Obama heaped upon Bush.

It appears with this latest "prisoner of war" exchange, where the father praises Allah and speaks in Pastu in the rose garden, for 5 of the worst Taliban prisoners at GTMO Obama has managed to step in it again. A lot of folks in the Army are not happy since this guy WALKED OFF from his post before he was "captured" Just in case you did not know I believe this is the only live soldier to be taken captive, every other American solider taken alive was beheaded!

Add to that little debacle Obama's new climate change initiate under the guise of the Clear Air Act by the EPA and it appears Obama intends to drag down his entire party with him this year.

Don't forget all those cancellation notices will come out in a few months.

Yes November 2014 will be most interesting. [/QUOTE]Doppelganger you wrote 365 words and still did not give Obama one person to call in the Republican Party that could cut a deal which was my main point. I think Reagan had O'Neill and Clinton had Gingrich. I find Scott Walker promising.

REV BS, I don't have a problem with Obama's skin color but his arrogance, ignorance and incompetence as POTUS. You don't see anyone rushing now, more like running away or just ignoring the village idiot. The perfect example of the Obama presidency was the Nobel Peace Prize, the prize awarded to those reaching the pinnacle of their professions after a lifetime of work was awarded to this man for doing NOTHING other than being the first Black US President.

BBM, the whole point of the post which you missed because you must have been trying, Obama is not interested in reaching out to the other side. Obama has said over and over he can do it all with his phone and executive fiat, he does not need Congress.

Obama may well bring his own party to ruin due to him being a legend in his own mind. Carter must be loving it!

http://www.youtube.com/watch?v=FclhuLsYi1c

Lee Kuan Yew warns Congress that American relevance in the Far East is under seige. A few years old, but wow, very far reaching and dynamic.

If link does not work, google you tube lee kuan yew, look for If Obama gets a second tern(MM dialogue, part 2)