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28 Responses to “Barack Obama: ‘Yes, do some community organising’”
This is the first presidential election in my 40 years where I don’t consider my vote to be a vote for a “lesser of two evils”. Obama is a genuinely positive individual and has qualities that I aspire to myself.
I do have high expectations for an Obama presidency, and that is only because he has risen the bar higher than any politician in my time on this planet.
This is a pivotal moment in our nation’s history and goes beyond the presidency bid. What many seem to forget is that Obama is half African American and half Caucasian. He truly represents a majority of the American people, and his win on Nov. 4 will be a source of pride for not only African Americans but for Caucasians as well as we can finally demonstrate that we have all risen up, shed our differences, and united as a single people.
What a feel good bunch of pap. “Change” More likely he’ll change everything for the worse. never run anything before jr Senator with a history of questionable ties and associations with america haters.
Dale – don’t be scared. I think feelings are running high partly because people want this so very badly, and partly because Obama is so inspiring. there’s a lot of healing to be done; he’s the right man at the right time. and I think his ambitions are to be President in order to help people. genuinely. and that’s it.
Some guy named Niles brings up Nazi propaganda? Niles if you were in a bar with a bunch of McCain supporters in my neighborhood with your snot nosed name and attitude they would pound you for being smug.
Obama supporters on the other hand would discuss your misguided metaphors and try and reason with you. They would show you that Ms. Reifenstahl tried to drum up nativist jingoism and demonize the other, you Niles would be one of those demonized others being from Jersy and all, in the blue collar midwest and western states, while Obama is trying to build a broad coalition of even those that differ in many ways on a number of issues. Enthusiasm should not be confused with zealotry.
Does the Leni referrence mean Godwin’s law is in effect here.
I’m a supporter, but if Obama makes it to a second term it will be a miracle. He has created very high expectations for himself, which would have been difficult to meet even in good times. What his supporters (and Obama himself?) do not realize is the world is likely headed into a deflationary depression the next few years, which there is nothing the Govt can do to prevent.
All trade, shipping, monetary, employment, and consumption data shows evidence of systemic demand destruction throughout the world. The credit markets are still on a precipice, and if they collapse as interbank lending markets have, businesses that can’t get short-term loans to meet payroll and other such expenses will fail. Bernanke and Paulson’s ‘solutions’ are only addressing the symptoms, not the underlying problems. It’s not a guarantee, but odds are in favor of deflationary depression.
The only viable solution is to force 100% balance sheet transparency, which will bring into the open that many financial institutions, likely including Goldman Sachs, Hank Paulson’s company, are technically insolvent. For the insolvent ones, force a capital structure debt-to-equity ‘cramdown’, in which common and preferred stocks are wiped out and corporate bonds and senior bonds are converted to stocks and preferred stocks. That leaves functioning companies with clean balance sheets, and puts the losses on the stock and bond holders, not the government and taxpayers, which is where losses *should* occur in a capitalist system. For companies that are still insolvent after that, the Fed can choose to bail them out, but at significantly less cost than $700B. Then force a leverage cap of 12:1, no more, which is the historical safe level of leverage. This returns transparency to the system, makes companies clearly solvent, and reduces leverage ratios to historically safe norms. The result is a return of trust to the lending industry, the current lack of which is the primary underlying problem and reason for the credit market dislocations.
Unfortunately the US Treasury is owned by Goldman Sachs, and Secretary Paulson will never allow this to happen, preferring instead to bail out his company and his cronies with a trillion of taxpayer dollars, which only address the symptoms not the actual causes.
The window for this solution is quickly closing as the problems in interbank lending spread to corporate bond market. The next domino to fall will be systemic collapse of productive companies that can’t get the short and medium term funding they need to sustain business operations. Most corporations are not like Microsoft or Berkshire Hathaway, in that they do not have billions of dollars of cash cushion in the bank to sustain operations for a year or more with no revenue and no financing available. If, say, for a month their revenue falls and they can’t meet payroll and expenses, if they can’t get a short-term loan to cover the difference, they either lay off, cut back on business activity, or shut down. If trust isn’t returned to the credit markets soon, this will be the result.
Obama, or McCain if he wins, will unfortunately for him get blamed for not fixing it, even though by the time he takes office there will be little to nothing he can do about it. If a deflationary depression occurs, by 2012 the next pres’s ratings will be so low he will likely only be a 1-term president.
Well I think we’ve finally got our most popular thread. I agree with Jesse and Eric on this. I think the video amply shows the way that Obama has crossed many divides in the course of this campaign. Be it race, gender, faith, cultural, and political. Just to look at the polls in this final weekend, see him pushing in Ruby-Red states like Georgia, North Carolina, Virginia, Indiana, Missouri, Montana, and North and South Dakota. And who knows hopefully Arizona. To be fair it does get a little bit excited there at the end, but maybe we should discuss some of the stuff that comes out at McCain/Palin rallies before chastising Obama for getting a little bit excited.
JG HITZERT says:
“Some guy named Niles brings up Nazi propaganda? Niles if you were in a bar with a bunch of McCain supporters in my neighborhood with your snot nosed name and attitude they would pound you for being smug.”
“Niles would be one of those demonized others being from Jersy”
“Does the Leni referrence mean Godwin’s law is in effect here.”
Do you want to punish me because you do not like my name, where I am from or because I made you think ?
Brilliant. I agree with Eric. My entire adult life I have voted for the lesser of two evils and I am finally inspired. Barack has not sold us a bill of goods, I’ve read his books, I’ve canvassed for him, I’ve seen him speak at rallies in Texas and New Mexico. He has never indicated that we’ll be on easy street, he has said we’ve got some hard work ahead of us. But the biggest difference between Senator Obama and Senator McCain, is only one of them is running on a platform of unity, inclusiveness and enough inspiration to get previously apathetic voters like me to get out and work to make a difference. How refreshing, a candidate that appeals to our strengths.
I have lived here in Virginia since I was 2, and many of you probably don’t understand how truly amazing it is to see folks of all walks of life (old, young, varied ethnicities, urban and rural, etc) supporting Obama and his campaign. In a place where predjudices are perpetuated, blantant, and frequently unhidden, it’s quite moving to witness a unification of this magnitude….especially in VA!
[Don't get me wrong, I love VA....but when you are taught growing up that there's 3 major religions - Christians, Jews, and Catholics, at some point you've gotta admit that something's wrong and maybe consider the fact that we're just a little behind.]
The first thing that struck me about Obama’s crowds is how varied they are. At a McCain rally, nearly everyone is white. Obama really brings out a lot of different people. Just yesterday, a young man working at a hardware store here in small town Texas noticed my Obama pin, and volunteered that he had served in Iraq and was voting for Obama. He said he got mad his second year over there, when they started changing the reason for our troops being there, and he felt like this country really needed better leadership and a change. This really heartened me. Obama is the first candidate I ever worked for, and I really feel like he could be a great leader. He draws people together who want a better America for everyone, not just a chosen few. He brings out the best in people. And I loved it when he said we have to stop calling people unpatriotic for speaking up if they disagree with the President. I just sent him $25, wish it could be more. I am hoping and praying he gets elected, and that he can do good things for this country. He is not perfect, but he is a man who is always seeking to learn and make himself better, for the good of the people he is serving.
[...] at inspiring others and just being encouraging in his speech and demeanor For example, I love this ad playing in Virginia right now. Maybe it’s the music that does it for me, but man, there’s some quality in him that [...]