okay, now this is just a sliver as stated, and I know i will get slammed, lol, yet, hear me out
Obviously I was pro-bama on Leadership Skills, since I teach it.
I would honestly grade his first year a D. He passed, yet, barel.
Why the D? Because he's a year late on alot of stuff he should have done day one.
Meeting with the Republicans yesterday was actually what I wanted to see a year ago.
Let's face facts, partisan mean derogatory politics have dominated for 20 years. While we might have philosophical differences, in crisis we shoud work together. We have a huge economic crisis, the proportions are astronomical. Shyte you're not hearing in the media yet is factual.
A. States and municiapal governments are extremely screwed up financially. You all know about California, that's in the headlines, yet, like what they say, there is rarely one rat in the wood pile. You can do you're own search, yet, here's 3 facts.
1. 40% of states are over budget by on average 20%. Ranging from 10-40%, obviously cali being worst.
2. 33 states have run out of unemployment money. Meaning all those companies who paid in for decades, and the money should have been set asied it was not, it was used for this and that, cause they never thought it would get this bad. So, now states, which are already in dire straits have again go out and borrow for something they were already paid for. Unemployment is just one issues, roads and pensions are all the same.
3. State and municipal governments will be the laying off lot's of folks this year. They have no choice.
One of the things I always say is, NEVER UNDERESTIMATE THE PEOPLE AT THE TOP................this just means that these guys because they have all the information, and the power to do whatever, they're solutions or resolve go too extremes.
Again, most are confused and wonder WTF is bernanke the government doing. IMHO, it's pretty clear, yet, first you must understand the problem, and it's all connected.
The big kahuna is states and muni's will basically go broke it housing craters more because they will have to adjust real estate taxes which is approximately 65% of there income. They can't manipulate a persons purchases, nor creation of business's which pay taxes and fee's, so they can tinker with that crap, yet, it's all based on home prices.
Depending on where you get you're information the general consensus for foreclosures next year will be 3-4 million homes, and last year we did 2.8 million, up from 2.2 and 1.5 in 08 and 07. So, it will either be 10% worse or 30% worse and obviously this could drive home prices down when these homes come on the market.
Of course the banks are all on the hook for this crap cause although they were shoveling this shit out the door, most funds stopped buying it in 2006, so the banks own the last of the crappiest crap, which is why Bernanke allows anyone to pledge a piece of paper for cash and he won't tell you who is swapping what, because they're paying 100% for the wrost crap.
Either way it does not matter, to save home prices and maintain appearances, you must save the stupid banks, which they are doing thru a. changing accounting rules b. lowering interest rates so they make gobs of money on the spread with treasury c. and the new gimmick paying banks interest on there reseraves.............Now, of course al this comes from taxpayers, so, i'm sure they all think, hey, the stups borrowed it, so they will pay in the end, all of it doesn't matter. WE ARE FACTUALLY ALL IN THIS TOGETHER.
Now, without x amount of jobs, growing pay, things are sitting on a fence, it is a game of puking out all of these foreclosed homes, while stabilizing the main economy, not taking on more job loses, and giving the time for states to heal, which means the fed government will be last to get there balance sheet in order.
IT IS A COLOSAL MESS
Anyways, the solutions are obvious to all except the politicians who continue on both sides to act like divorced parents, and who loses, the kids or us citizens.
So, obie goes to talk, the repubs actually liked it. My hope is that they actually do shit togethere because both have some good ideas, and most all of these solutions are basic 101 straight down the middle stuff.
In all honesty imho I think most americans would prefer the republicans health care ideas, they are more real, easier to implement and it at least get's you on the correct path. No one really wants more government in health care, just quit being stupid.
imho, WE HAVE JUST EXPERIENCED THE GREAT AGE AND OR DECADE OF STUPIDITY
If these politicians would simple do the right things, all of them simple, right things would happen.
Since they are the leaders they need to act that way, and obie imho came with open hands and is trying to communicate that.
My best guess is obie had too much overseas work and stim work and he delegated to his party and his party behind closed doors have tried to take out 20 years of whatever on the repulblicans and thus the republicans are eating there lunch at pointing out there stupidities, which they are doing in spades, during a crisis, it's like shooting fish in a barrel. Like I said, repubs have some very good idea's, yet, due to the last decade they are getting sand kicked in there face.
And us the Americans are paying for mean spirited stupidity.
Obviosly he's still in the D stage, yet, if he was a client i'd say, hmmmmmmm, he finally get's it, he is aware, the light bulb has gone off, now all i do is set back and look for the comensurate actions that confirm progress.
Obviously I was pro-bama on Leadership Skills, since I teach it.
I would honestly grade his first year a D. He passed, yet, barel.
Why the D? Because he's a year late on alot of stuff he should have done day one.
Meeting with the Republicans yesterday was actually what I wanted to see a year ago.
Let's face facts, partisan mean derogatory politics have dominated for 20 years. While we might have philosophical differences, in crisis we shoud work together. We have a huge economic crisis, the proportions are astronomical. Shyte you're not hearing in the media yet is factual.
A. States and municiapal governments are extremely screwed up financially. You all know about California, that's in the headlines, yet, like what they say, there is rarely one rat in the wood pile. You can do you're own search, yet, here's 3 facts.
1. 40% of states are over budget by on average 20%. Ranging from 10-40%, obviously cali being worst.
2. 33 states have run out of unemployment money. Meaning all those companies who paid in for decades, and the money should have been set asied it was not, it was used for this and that, cause they never thought it would get this bad. So, now states, which are already in dire straits have again go out and borrow for something they were already paid for. Unemployment is just one issues, roads and pensions are all the same.
3. State and municipal governments will be the laying off lot's of folks this year. They have no choice.
One of the things I always say is, NEVER UNDERESTIMATE THE PEOPLE AT THE TOP................this just means that these guys because they have all the information, and the power to do whatever, they're solutions or resolve go too extremes.
Again, most are confused and wonder WTF is bernanke the government doing. IMHO, it's pretty clear, yet, first you must understand the problem, and it's all connected.
The big kahuna is states and muni's will basically go broke it housing craters more because they will have to adjust real estate taxes which is approximately 65% of there income. They can't manipulate a persons purchases, nor creation of business's which pay taxes and fee's, so they can tinker with that crap, yet, it's all based on home prices.
Depending on where you get you're information the general consensus for foreclosures next year will be 3-4 million homes, and last year we did 2.8 million, up from 2.2 and 1.5 in 08 and 07. So, it will either be 10% worse or 30% worse and obviously this could drive home prices down when these homes come on the market.
Of course the banks are all on the hook for this crap cause although they were shoveling this shit out the door, most funds stopped buying it in 2006, so the banks own the last of the crappiest crap, which is why Bernanke allows anyone to pledge a piece of paper for cash and he won't tell you who is swapping what, because they're paying 100% for the wrost crap.
Either way it does not matter, to save home prices and maintain appearances, you must save the stupid banks, which they are doing thru a. changing accounting rules b. lowering interest rates so they make gobs of money on the spread with treasury c. and the new gimmick paying banks interest on there reseraves.............Now, of course al this comes from taxpayers, so, i'm sure they all think, hey, the stups borrowed it, so they will pay in the end, all of it doesn't matter. WE ARE FACTUALLY ALL IN THIS TOGETHER.
Now, without x amount of jobs, growing pay, things are sitting on a fence, it is a game of puking out all of these foreclosed homes, while stabilizing the main economy, not taking on more job loses, and giving the time for states to heal, which means the fed government will be last to get there balance sheet in order.
IT IS A COLOSAL MESS
Anyways, the solutions are obvious to all except the politicians who continue on both sides to act like divorced parents, and who loses, the kids or us citizens.
So, obie goes to talk, the repubs actually liked it. My hope is that they actually do shit togethere because both have some good ideas, and most all of these solutions are basic 101 straight down the middle stuff.
In all honesty imho I think most americans would prefer the republicans health care ideas, they are more real, easier to implement and it at least get's you on the correct path. No one really wants more government in health care, just quit being stupid.
imho, WE HAVE JUST EXPERIENCED THE GREAT AGE AND OR DECADE OF STUPIDITY
If these politicians would simple do the right things, all of them simple, right things would happen.
Since they are the leaders they need to act that way, and obie imho came with open hands and is trying to communicate that.
My best guess is obie had too much overseas work and stim work and he delegated to his party and his party behind closed doors have tried to take out 20 years of whatever on the repulblicans and thus the republicans are eating there lunch at pointing out there stupidities, which they are doing in spades, during a crisis, it's like shooting fish in a barrel. Like I said, repubs have some very good idea's, yet, due to the last decade they are getting sand kicked in there face.
And us the Americans are paying for mean spirited stupidity.
Obviosly he's still in the D stage, yet, if he was a client i'd say, hmmmmmmm, he finally get's it, he is aware, the light bulb has gone off, now all i do is set back and look for the comensurate actions that confirm progress.
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