Originally Posted by Guest

Even the media espouses for example that he will address the nation to discuss the troubled economy "he inherited". Same for this forum at some point there will be an end to the continual base reference being the previous administration.

Having come from corporate America, there was no such thing as qualifying a situation as the one inherited....as a new head person (such as POTUS) we know why the previous administration isn't here....we know what they did or didn't do. You got the job to do it right.....so tell us what is to be done and when based on your plans...referencing the old regime is a waste of thinking peoples time.

Like all other executives the POTUS owns it from day one...the good, the bad and the ugly....no qualifiers...capable executives know better than to bad mouth who they replaced or reference any inuendo that this is not theirs because it was that way when he got there....

He didn't inherit anything! He went after the job....in it's entirety...

Looking over ones shoulder only develops a pain the the neck....but a little lower down for some of us!!!

BTK

I certainly hope that the President does not dwell on the "I inheritied this..." stuff too much tonight although what I am hearing today that will be stressed.

Folks on the left say that the Republicans are playing politics by not getting behind the largest ever spending bill despite the fact they could not even read it before voting, thus to stress the partisan politics on the stage afforded him tonight will surely disappoint me at least, and simply make for a certain divide.

Originally Posted by Guest

...Having come from corporate America, there was no such thing as qualifying a situation as the one inherited....as a new head person (such as POTUS) we know why the previous administration isn't here....we know what they did or didn't do. You got the job to do it right.....so tell us what is to be done and when based on your plans...
BTK

I'm not sure there's a direct comparison, but when a new CEO takes over a troubled company in corporate America, almost always the first step is to write everything off or down, creating both a huge loss the first quarter of the new CEO's tenure, but also some huge reserrves which can be used in the future to maximize profits. They generally don't make a big point about blaming the outgoing CEO, they just tell the CFO to write off everything in sight. It's like have a couple of free swings in a three-strike game. Unfortunately, I don't think the current financial crisis has any room for any free swings.

So far, President Obama has only referred to the current situation as one that he inherited tangentially. I'd be surprised if very much of his speech tonight is backward-looking either. But in his speech he will have to dance on a fine line--explaining the critical nature of the problem and how his plans can be expected to eventually reverse the economic tide, and at the same time trying to get the public to gain some confidence that the problem is temporary and needs more normal consumption in order to achieve recovery. All that without lying or misleading the public. Not an easy speaking task.

I'm one of "those people" who never paid a great deal of attention to politics until recently, so I am trying to learn now. I keep hearing about how deregulation has begotten so many ills, but I do remember somewhere in the cobwebs of my mind when regulation was taking the hit. When did the deregulation come to fruition along with who and why? (Hope I made sense with this....if not, please enlighten me.)

Originally Posted by Guest

Even the media espouses for example that he will address the nation to discuss the troubled economy "he inherited". Same for this forum at some point there will be an end to the continual base reference being the previous administration.

Having come from corporate America, there was no such thing as qualifying a situation as the one inherited....as a new head person (such as POTUS) we know why the previous administration isn't here....we know what they did or didn't do. You got the job to do it right.....so tell us what is to be done and when based on your plans...referencing the old regime is a waste of thinking peoples time.

Like all other executives the POTUS owns it from day one...the good, the bad and the ugly....no qualifiers...capable executives know better than to bad mouth who they replaced or reference any inuendo that this is not theirs because it was that way when he got there....

He didn't inherit anything! He went after the job....in it's entirety...

Looking over ones shoulder only develops a pain the the neck....but a little lower down for some of us!!!

BTK

Seems to me that is what he is trying to do, just gotta listen a little bit and be willing to hear it.

environment of negativity/losses/etc to flush the all their unfavorable accruals and tax loss carry forwards....in addition to scouring the books and operations for what ever else can be thrown in. In the current all is going to 'H' in a handbasket environment they will be just one more forecasting poor results....but they will be stronger in the coming months.

Just like all the banks and lenders who are identifying every loan that even looks outta whack and automatically writing it off. The banks have a double advantage. They have takien the write downs and they have recieved TARP funds which they have yet to release for what it was intended...loans and easing of credit. They have elected to sit on the billions of bailout dollars earning 2% or less with zero risk.

So all the above, while a little more than stinky, bodes for stronger financials later this year.

A very good example is small business loans are very difficult to come by these days...however...there has been a substantial amount of money put into the SBA bank's coffers....still almost impossible to get a loan.

Until these big $$$ bail outs flow to the hands of the people, there is no gain from the bailout $$$ except for the institutions that have them.

With the no strings attached...no accountability...here ya go go is that enough mentality...nothing is going to CHANGE. Oh how I have come to hate that over used and abused, hollow sounding no basis term.

K

Originally Posted by TallerTrees

Topper: If you haven't watched the show or heard what he has to say, how can you judge. I mean why stick your head in the sand? Get involved.

Fight for this Country. We're not going to get a shot at it again. Preserve the Republic. Socialism is a failure. It takes away liberties and stifles free thinking, free speech, growth.

Read the Constitution. I'll venture to say most people have no idea what it says or means.

I have watched Glenn Beck - Rush Limbaugh and Anne Coulter, need I say more?? They all spread the same message.

Originally Posted by Topper1

I have watched Glenn Beck - Rush Limbaugh and Anne Coulter, need I say more?? They all spread the same message.

Well, if you cannot differentiate among the three, I guess it says more about you than about them.


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Originally Posted by Muncle

Well, if you cannot differentiate among the three, I guess it says more about you than about them.`

Hmmm. One is an overweight drug addict, one looks like a man wearing woman's clothing, and the other looks like Elmer Fudd.
But the message all seems the same.

Originally Posted by Muncle

Well, if you cannot differentiate among the three, I guess it says more about you than about them.


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ya gotta admire their ratings... loke Bill O "the most watched cable news/talk show on the tube."

Originally Posted by rshoffer

ya gotta admire their ratings... loke Bill O "the most watched cable news/talk show on the tube."

People gawk at car wrecks too. That tells me nothing. i.e. Jerry Springer!

Originally Posted by chelsea24

People gawk at car wrecks too. That tells me nothing. i.e. Jerry Springer!

Ratings for Olbmermann and Maddow fall into the same catagory for you, i.e. "car wreck" ????????

Originally Posted by Bucco

Ratings for Olbmermann and Maddow fall into the same catagory for you, i.e. "car wreck" ????????

Oberman, at one time had a good show.... he became consumed and obsessed with Bill O. It reached the point where he absolutely could not get through an hour without mentioning him. The repetitive message became boaring. He isn't too hot doing football either.... I found that asignment for him really odd.

Originally Posted by rshoffer

Oberman, at one time had a good show.... he became consumed and obsessed with Bill O. It reached the point where he absolutely could not get through an hour without mentioning him. The repetitive message became boaring. He isn't too hot doing football either.... I found that assignment for him really odd.

I am betting that C24 does not look at Olbermann or Maddow in the same way as O'Reilly !!!!

Originally Posted by Bucco

I am betting that C24 does not look at Olbermann or Maddow in the same way as O'Reilly !!!!

It's just those with whom she (as well as so many other of the ultra thin-skinned libs) disagrees who are scum sucking dogs, though she would describe them in a dismissive, cutesy, attempted sarcastic manner. However, if you dare to criticize any of her demigods, you are being hateful with personal attacks and "you, sir, are worse than Hitler."

Re Olbermann doing football, he came up as a sports commentator. Many believe that his fixation with Fox News and hatred of Ruppert Murdoch can be traced to him being fired by Fox Sports in 2001.


If you don't get the italicized line above, stay up all night some time and catch the generally forgettable but occasionally hilarious and sometime informative Red Eye.





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Gosh, I just get all tingly when you guys refer to me as C24! It's so passive/aggressive!