I don't think our foreign relations with those nations can be helped, even by Obama. Sitting down and talking with them gives them legitimacy. Not good.
Perhaps it's called "turning the other cheek"...oh wait. No, it's "do onto others as you would ..."... no wait, I forgot.
There are those who say so-called Christianity is a religion of peace. They are also wrong.
First, Obama is inexperienced. I'm sorry, but you can't get around that.
I never really understood the experience arguement. The idea that Governor Palin has more experience than Obama because her decisions affect a greater number of people. The counter arguement to that is that Bush, as Governor of Texas, affected an even greater number of people with his decisions than Palin but that 'experience' doesn't seem to have benefited the country in any meaningful way during his terms. Who cares how many people are affected by your decisions if they are stupid decisions? Experience only becomes an asset if you learn from it. Otherwise, it's just wasted time.
Rather than harp on some intangible, unquantifiable term like "experience", why not ask instead, "In their position as community organizer, Senator, Governor or whatnot, has this person made good decisions? Have they shown themselves to have a head on their shoulders or are they morons?"
Right now what you're seeing on Wall Street is not caused by the mortgage Crisis--the whole bailout thing cleared that up.
So you and your Ph.D. professors feel that there is no more mortgage crisis? You realize that just because they voted to give 700 billion out, they have not actually
given 700 billion out already, yes? But, if they have already cleared up the mortgage crisis with the few billion that has been given out, then perhaps we can use the rest of that 700 billion for something else eh?
What you're seeing now, Beff, is investors pulling out of the market because the most anti-business president in history is coming, and he's going to have a congressional majority to back him up.
I am sorry but the super rich investors are not scared of the president of the US. Investors have already pulled their companies out of the US because it's cheaper to make their products in third-world countries with less restrictions thus bumping their bottom line and thus their overblown incomes.
Investors don't give a shit about a president's rhetoric. They've already raped the public and now the public's growing inability to purchase their items made for pennies on the dollar and the weakening US dollar is showing them that investing in the good ol US greenback is just a stupid business decision.
Investors don't give a crap about people or their companies inasmuch as it affects their chief love: increasing their profit.
So
of course the smart money is leaving. You can always count on the rich to take care of themselves while the world burns around them. That's what Golden Parachutes are for, didn't ya know?
They can't increase their profits where unemployment is rising. And the US auto industry is going down the toilet is no help. Wall Street is shaky in part (imo) because the automaker CEO's could not convince the government to bail them out like it did with Fanny and Freddie. Apparently the government's stance is that Americans need houses but can buy Hondas. So, when the Automaker's either declare bankruptcy or fold or sell off unprofitable branches and watch those fold, there's going to be alot of people out of jobs and with nobody buying, you better believe the investors are going to go somewhere else.
But do not think it's because of the perceived threat of corporate taxation by a person who is not yet President.
If anything, these "investors" who are leaving are probably Indian, Chinese and Russian business-people and they are going home because they do not want to be around so many homeless and jobless people in the US.
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