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Old 11-20-2008   #8 (permalink)
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Re: Recreating America under Obama.

Quote:
Originally Posted by Thunderbird View Post
Recreating America under Obama.

Some questions I would like to pose in this thread .
* How powerful a factor is hope and optimism in rebuilding an economy ?
Hope and optimism keep people from becoming despondent. The potential to profit rebuilds an economy.

Quote:
Originally Posted by Thunderbird View Post
* Will we see a burst of innovation in alternative energy source in the next few years, comparable to the “.com boom” of the 90s ?
I hope (theres that word) that it comes out better than the .com did by producing something tangible. Didnt alot of people lose alot of money during that episode of "how can I make money doing nothing?".

Too bad we leapt into the b.s. of a global economy without comparable requirements (as NAFTA opponents wanted). #1. Industry used alot of energy creating materials. We would have tapped out our electric grid and been forced to build new plants that came in under our own clean air/clean water requirements.

Hopefully (theres that word again) toyota will see this as an opportunity to invest in the usa:

Twin Cities Assembly Plant - Wikipedia, the free encyclopedia

Too bad ford didnt try to compete with the Japanese economy cars. You would have thought they would have learned something in the 70s. Well they did. Remember the ford escort? How about the Chevy Chevette? Geo Metro anyone?

India is getting a great deal. This place comes with its own power plant. Where is the american investors? This plant was sold when Iron was going for around $150 per ton as scrap. It peaked at $325.

Minnesota Steel To Be Purchased By India's Essar Global


Quote:
Originally Posted by Thunderbird View Post
* How will the international community change under Obama?
I would guess the international community will quickly become disenfranchised with Obama. That is if Obama really means to change things. First thing I would like to see him do (internationally speaking) is question why India and China are still on the "developing nations" list. If they can send people into space and probes to the moon (and build nuke bombs [pakistan]) when they should be building sewars and wells, its time to rethink our position on what makes a developing nation.

Second thing I would like him to do (internationally) is rethink global competition/economy. If you (other countries) are exporting goods to the USA and not importing at least an equal value (say 60%) then your goods need to be balanced via import taxes. Its good business to have americans working. Its americans who are paying washingtons bills and americans are its primary customer and I want better customer service.
Quote:
Originally Posted by Thunderbird View Post
*Is the far right sunk, or will they reemerge in 2012 with a viable candidate and platform ?
That depends on Obama and the democrats. Things must improve for americans or the tossing of the bums will resume in two years, viable alternative or not (see Al Franken Minnesota). Gawd, if the democrats would have put up a real candidate, we wouldnt be having a recount now.

Whew...

<-- end of opinion rant -->
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