Anybody want to guess what's up Obama's sleeve (bag of tricks) before the elections?

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YoungEntrepreneur's picture
YoungEntrepreneur
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Anybody want to guess what's up Obama's sleeve (bag of tricks) before the elections?

I predict OBAMAGEDDON!!! DEBT MAN WALKING...

1) QE3 or something of the equivalent (more money printing basically)

2) Another Economic Stimulus Package (also doomed to fail and increase the annual deficit and national debt)

3) Probably another Housing Incentive or Foreclosure/Short Sale Relief Bill (none of them worked, more wasted money)

4) More blame game, inherited Bush problems BS, factors outside his control type (weather, environmental/energy issues, foreign markets volatility) - more nonsense and politics 101

5) Some type of Distraction Campaign (something to get people thinking and talking about anything other than the Economy and Jobs)

and Finally...

When governments get desperate they usually take the nationa to war. I predict an escalation in the Middle East or new conflict. Nothing like a good war to distract people and blame the country's problems on external threats. Worked real swell for Bush and has been done countless times in history. Fairly predictable trend.

I'd love to hear what you think. Any guesses or well thought-out conjecture? Much appreciated. Thanks.

Best,

YE 

 

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Wow, everyone must have agreed w/ my "guestimates" & predictions

Nothing but crickets...LOL

Oh well, there must be a consensus on what I suggested or allot of Obama supporters.

In case I offended anyone, here's an amends.

We can ALL blame Bush & his administration for this! In the end, it's Bush's presidency that gave us the Obama Administration. From bad to wors

Oh well, my 2 cents.

YE 

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Crickets Are Calming

Here on PeakProsperity.com, most of us have come understand that the problems facing our nation are the result of collective actions by politicians of both parties at the behest of special interests over the past several decades. There is a reason corporations and banks contribute to BOTH sides.

Besides, should we really be riling each other up and taking verbal backstabs? To what purpose, really? We're trying to join together as a community, not separate into armed camps at each other's throats, indignant each time someone tries to grind their own political axe at the expense of another.

Poet

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YoungEntrepreneur
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In reply to Crickets (Poet) Very true, good points but...

Yes absolutely! Both Parties are culpable and have created this mess together. Plenty of blame to share for sure.

Corporatism, elitist dark agendas, extreme greed from Wall Street and fascism have taken over.

In truth, an alternative to both parties is needed but then they would ultimately be just as easily corrupted by special interests, the military industrial complex, Wall Street and our Foreign Creditors.

BUT...it just can't be helped or ignored. At least the Tea Party and most Republicans are mentioning "some" of the right things. They are likely full of BS just like Obama's campaign for "change" was. However, it's quite obvious that Obama, his administration (what's left of it as several have or proposing to resign), the democratically controlled senate, most of congress and Bernanke have and are failing, have offered no feasible plans and seemingly have gotten a clue.

Until all these people are voted out and some new less tainted blood with sound ideas is elected then the US does not have a chance in the short run. It will get beyond ugly, probably too later either-way now, it's just a matter of degrees of ugly now.

Discussing the plans and trends of this administration bears great relevance here because depending on what they do could accelerate or exacerbate probelms and has a huge impact on investment strategies and time horizons. That's why the subject of the post concerned conjecture or predictions on what to expect from this administration next. Poking a little fun at an adminsitration that is obvioulsy faling at epic/historic proportions should not be that big a deal.

Heck, I generally side more with Republicans but no one can defend the 2000-2008 Bush Administration. Bush Jr. was the Devil incarnate as far as I'm concerned. Can anybody think of one good thing he accomplished as President outside of make allot of money for himself and his friends? I am shocked, given all that he did, that he can poke his head out anywhere in the US and not be resoundly rejected. Amazing! He's perhaps the worst President the US has ever had (and there have been some pretty awful ones) but lets see how Obama finishes his run, so far he's giving little Bush a run for his money for that title.

I appreciate your input.

Would have been even better and more interesting to see what your thoughts were regarding the orginal premise of the post, you know, conjecture and predictions on what to expect next from this administration. That's what I was curious about. Thanks.

YE

 

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Tactics Would Be The Same

The tactics would be the same whether it were Obama or McCain in charge. The arsenal of tricks are the same in a fiat currency regime based on debt. The political rhetoric would just be different, but the tactics used and the end result is going to be the same.

Just look at the "stimulus" and "tax cuts" and "wars" and "bailouts" and "housing tax credits" and "cash for clunkers" and "quantitative easing" and "tarp"and "deregulation".

Poet

 

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Limit terms.

 Part of the Get Out Of Our House platform is term limits. The house controls the purse strings.

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sacrificial calf...

 When my daughter and I were watching the Democratic convention tnree years ago, we were saying that  whoever won the eledtion would probably not make it through to a second term.  There were signs then that hard times were coming.  The economic crisis was on the horizon, and Bush of course was denying its existance.  If I remember correctly, aside from Ron Paul, Obama was the only candidate to even see it coming.

Now that was before I saw the Crash Course, but even then I was wondering why people couldn't see it....

In the last week I have heard aquaintances comment on things that have been on this forum for a long time.  Before, they would listen to me and give the "whatever" shrug.

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Status Quo

Mary

I thought that as well. Whomever was going to get elected would inherit a mess and the powers that be would not allow them to truly take the helm. Both McCain and Obama supported TARP. Both would have been heavily influenced by Wall Street and corporations. Both would have named officials sympathetic to Wall Street and kept Bernanke. As soon as I heard Geithner and Summers were involved, I knew it was going to be more of the same.

Poet

maceves wrote:

 When my daughter and I were watching the Democratic convention tnree years ago, we were saying that  whoever won the eledtion would probably not make it through to a second term.  There were signs then that hard times were coming.  The economic crisis was on the horizon, and Bush of course was denying its existance.  If I remember correctly, aside from Ron Paul, Obama was the only candidate to even see it coming.

Now that was before I saw the Crash Course, but even then I was wondering why people couldn't see it....

In the last week I have heard aquaintances comment on things that have been on this forum for a long time.  Before, they would listen to me and give the "whatever" shrug.

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YoungEntrepreneur

LOL - you are a breath of fresh air.  So exuberant over the disaster we call America.  I think you are on course except for the war business.  We can not afford the wars we have now.  I do not think there will be any new wars of any size.  We simply can not afford them.  I suppose if we were invaded we would fight like dogs but that is not going to happen.  The truth is one can not transport an army of occupation across open water or open air to invade a country with modern weapons.  If you think the Moslems are difficult to control just try controlling America.  Good luck with that.  No, we are not going to be invaded and it is difficult to believe we will invade any country of substance.  Obama is not going to do squat.  Unless things change substantially, the next election is going to be a blood letting.  The dems will be swept away and so will a number of repubs in the primaries.  There is a big wake up thing happening.  The people are tired of out of control government.  The class of entitlement will vote (the ones that do vote) to continue their transfer payments but it will be to no avail.  They will be out numbered by those that have had enough.  This election will be huge.  With a few exceptions, practically every one I know is going to vote for returning to responsible government.  Even people who voted for Obama last time are sick of it.  Obama, if not defeated in the primaries by a dem who runs on responsible government, will be a one term president.  Just look at what happened in Wisconsin recently.  That is the story for November 2012.  The entire tax and spend socialism thing is going to be washed away.  It will not make any difference how much money they collect and spend.  In the past the amount of money candidates have spent to propagandize the people has actually made a difference.  I am not sure that is going to be true in the next election.  The economic situation is going to be pretty bad by the time the next election gets here.  Anger at the people, dem or repub, who exceeded their constitutional mandate and destroyed America will be the ruling factor.  The Tea Party stands to make some big wins.

 

 

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Who was that guy?

[quote=dshields]

... the next election is going to be a blood letting.  The dems will be swept away ...That is the story for November 2012.  The entire tax and spend socialism thing is going to be washed away.  (Heavily edited by Travlin)

[/quote]

Dshields

Gee, where have I heard this before?  Seems like I remember some guy telling us how all those newly elected Republicans from the last election were going to kick butt, take names, and turn this country around.  Wasn’t that the same guy who later concluded it had been naive to think the  Republicans were really going to do anything different?  Now what was that guy’s name again? 

Travlin 

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Definition of insanity
Travlin wrote:

Dshields

Gee, where have I heard this before?  Seems like I remember some guy telling us how all those newly elected Republicans from the last election were going to kick butt, take names, and turn this country around.  Wasn’t that the same guy who later concluded it had been naive to think the  Republicans were really going to do anything different?  Now what was that guy’s name again? 

 

What was the definition of insanity?  Something about doing the same thing over and over and expecting different results. 

 

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US treasury holds 2 trillion

US treasury holds 2 trillion Iraqi dinars valued at 1000 dinars to the dollar.  Link the Dinar to oil and revalue it to it's prewar level of  1 dinar per dollar and VIOLA!  Iraqi oil is now our asset.  This is the formerly Dick Cheyney now Obama call.

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A friendly reminder
goes211 wrote:
Travlin wrote:

Dshields

Gee, where have I heard this before?  Seems like I remember some guy telling us how all those newly elected Republicans from the last election were going to kick butt, take names, and turn this country around.  Wasn’t that the same guy who later concluded it had been naive to think the  Republicans were really going to do anything different?  Now what was that guy’s name again? 

 

What was the definition of insanity?  Something about doing the same thing over and over and expecting different results. 

Dshields

I hope you realize I’m tweaking you because I like you.  You’re sincerely trying to understand what is happening and you are searching for answers.  I’m just reminding you not to fall back into old patterns because they are comforting.  I think Goes feels the same.  I wrestle with the same problem myself.

Travlin

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chatter and choices (or the illusion thereof)

It's been interesting to observe the MSM "chatter". 

The chatter on Obama has gradually transitioned from positive to negative.  For example, a recent Wall Street Journal article has questioned his intelligence.

http://online.wsj.com/article/SB10001424053111904140604576495932704234052.html

On the other hand, there's the fairly sudden emergence of Rick Perry as a candidate.  In general, the chatter is painting him in a positive light.  We have a severely struggling economy and there's been much media attention to relative economic strength of the state of Texas.  Plus, he's pretty much everything that Obama is not (and vice versa) so he's an ideal counterpoint.

My MSM propaganda/BS detection meter is strongly indicating that Rick Perry is the candidate of TPTB.  But either way we lose.  Four more years of Obama will most assuredly ruin us but I have no illusions about Rick Perry or any other Republican being our savior.  I personally like Ron Paul and Herman Cain but neither one strikes me as presidential in demeanor or charisma and neither one has a snowball's chance in hell.  No money, no presidency.  Quite frankly and sadly, we are bereft of leaders.  Perhaps we can outsource the presidency to Lula da Silva of Brazil.  We've outsourced everything else and he certainly did wonders for their economy.  

Unfortunately, the Hegelian dialectic is again creating the illusion of a choice.  But we have none.  Head they win, tails we lose.

In the next election, I plan on preserving my dignity and not voting ... or else, I'll write in the leadership of the Mayo Clinic.  Those people know how to get things done, do them right, do them as a team, and do them with style and good cheer.   Our politicians could take lessons from them.  

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I have lived in Texas for 17

I have lived in Texas for 17 years.

I am for Ron Paul first, Herman Cain second...both of these candidates exhibit the deameanor and charisma I desire for America..... not Perry (Governor Goodhair)...maybe possible Perry would not carry TX? I follow the economy more than politics. I know Paul is the uderdog...but he has my vote.

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It is true !!!

Travlin and Goes211 are both right.  The Tea Party people (remember I have never been to a tea party) were actually trying to get the fed gov to cut spending in this last circus.  They failed.  The non-tea party repubs just bellied up and took a dive and agreed to cut basically nothing and gave Obama a check for 2.4 trillion more debt.  Have no doubts, he will cash in that check.  And it is all disturbing.  It is a disaster actually.  The day they made that deal I lost faith.  I was driving home from work and turned on Bloomberg radio and listened to what happened and I was actually ranting in the vehicle as I was driving on I-80.  People passing me probably thought I had gone around the bend.  Maybe I did for a few minutes.  I did not crash.  It is 15 months to the 2012 election.  Really bad things are going to happen between now and then.  It is already starting.  Obama is trying to raise 1 billion dollars for his re-election campaign.  That is incredible.  He already has more money than all the repubs combined.  They will be able to buy the most massive political media blitz in history.  He is going to promise anything and everything to get votes.  He just might get re-elected.  It all depends on how bad it gets.  A some point it will get down to who ever gets on TV and promises money might well win.  That is incredible.  I do not believe the repubs can save us from us.  No good will come out of this.  I am actively obtaining and storing food and other necessities in my basement.  We have planted a large garden.  We are taking action to try to protect ourselves from what is starting to look like some kind of chaos period that will happen as a result of the mismanagement our economy.  A crucial point is coming.  I do not know when.  I do not know what will happen.  I just know it is coming because it has to come.  I do not believe the politicians can fix what they have done.

 

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laura welsh wrote: I have
laura welsh wrote:

I have lived in Texas for 17 years.

You have my condolences.

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What is Obama going to do ?

Obama is trying to collect 1 billion dollars for the election campaign.  That will give him buy far the largest funding of any politician ever.  Where is the outrage about that ?  When Bush collected much less money it was all over the media how unfair that was.  I don't hear any of that about Obama.  Where is all that money coming from ?  WIth that much money he will be able to have the largest media propaganda campaign ever - period.  It might even get him elected.  If he tells enough lies he probably will get elected.  Pretty scary stuff.

 

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dshields- thanks for the unput (US going to war again)

I do disagree regarding the war business though.

Good old Barry recently involved the US in another war (Libya) even though he's not calling it that. What do you call it when you bomb someone. send jets to knock their air power, put advisors on the ground to assist their opposition and deploy special forces secretly? Sounds like a war to me no matter how much they deny it and the media refuses to acknowledge it.

Also, have you been reading and hearing all the stuff about Iran? Iran/Israel war? Iran building a nuclear bomb? Iran among the biggest enemies the US has? Iran supporting terrorists? Iran funding either the Taliban or Al-Qaeda, etc... Seems like seeds are being planted. Historically, in times like these and when governements get desperate they typically go to war.

Of course the US can't afford but it did not stop them last, over the past 10 years or most recently in Libya.

 I agree with all the reasons THEY SHOULD NOT GO TO WAR but next to money printing that is what the US does best. What do you expect?

We're essentially in agreement but I think another war (or escalation of a hushed existing one) sometime in the near future is inevitable and it may be the straw that breaks the camel's back. Just my 2 cents. Thanks.

YE

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war
YoungEntrepreneur wrote:

I do disagree regarding the war business though.

Good old Barry recently involved the US in another war (Libya) even though he's not calling it that. What do you call it when you bomb someone. send jets to knock their air power, put advisors on the ground to assist their opposition and deploy special forces secretly? Sounds like a war to me no matter how much they deny it and the media refuses to acknowledge it.

Also, have you been reading and hearing all the stuff about Iran? Iran/Israel war? Iran building a nuclear bomb? Iran among the biggest enemies the US has? Iran supporting terrorists? Iran funding either the Taliban or Al-Qaeda, etc... Seems like seeds are being planted. Historically, in times like these and when governements get desperate they typically go to war.

Of course the US can't afford but it did not stop them last, over the past 10 years or most recently in Libya.

 I agree with all the reasons THEY SHOULD NOT GO TO WAR but next to money printing that is what the US does best. What do you expect?

We're essentially in agreement but I think another war (or escalation of a hushed existing one) sometime in the near future is inevitable and it may be the straw that breaks the camel's back. Just my 2 cents. Thanks.

YE

I have no idea why we are in Libya.  All the official statements are all crap.  I secretly think it is about oil - the same reason we are not fooling around in Syria.  I think the entire war thing sucks.  If we are attacked then we have to defend ourselves to the max.  Other than that we need to stay out of other people's crazy wars.  I have never understood why we stick our faces in other people's civil wars.  Let them kill each other.  That is what they want to do or they would not be doing it.  Take the Moslems.  The only thing they hate worse than us is each other.  If we were to leave them alone they would be fighting each other - they always have.  In my opinion, none of the 3 wars we are in right now are justified.

On the other hand, I also believe we need a medium sized and very strong military.  If we are attacked we need to be able to defend ourselves with fantastic firepower.  Power such that an attacker can be taken down in say one week without the use of atomic weapons.  We need to have the best aircraft (and pilots), missiles, and weapons technology in the world.  We should be able to bring total devastation to any location on the face of the earth in 24 hours.  I do not believe the US military needs to be big; it just needs to be able to bring fantastic firepower to the table when and if we are attacked.

By the way, if we are attacked and decide to respond with fantastic firepower then after it is over there should be no nation building.  We pack up and go home - that's it.  Over time the world would come to understand that if you mess with us directly we will immediately respond with devastating force and then go home leaving the attacker in whatever state we leave them in.  This is called deterrent. I see no reason to occupy any country other than our own. The general plan would be if we are directly attacked, then say absolutely nothing – no talk – no negotiations, no ultimatums, no talk at all.  We to go to the attacker’s country within 24 hours and take down their military, telecommunications, water, logistical support systems like roads and bridges, food and food distribution, electricity, the leadership should be the first strike.  People in the dark with no leadership, no ammo, food, water, or means of transportation do not cause much trouble.  Then we come straight home. War over. If they attack us again then we would have to get tough with them.

 

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