Comments on: The Obama Blueprint for Solving the U.S. Financial Crisis http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/ Global Investment News Tue, 14 Feb 2012 18:37:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The U.S. Market for Deals Remains in a Deep Freeze http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-12714 The U.S. Market for Deals Remains in a Deep Freeze Fri, 05 Feb 2010 16:23:03 +0000 http://www.moneymorning.com/?p=4444#comment-12714 [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close deals [...] [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close deals [...]

]]> By: Two Ways to Profit From the Obama Administration’s Energy Dilemma http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-12711 Two Ways to Profit From the Obama Administration’s Energy Dilemma Fri, 05 Feb 2010 16:21:23 +0000 http://www.moneymorning.com/?p=4444#comment-12711 [...] the $850 billion stimulus package, a good portion is sure to find its way into green energy, but will only get spent by late 2010.  In the meantime, it will be too risky to cripple the [...] [...] the $850 billion stimulus package, a good portion is sure to find its way into green energy, but will only get spent by late 2010.  In the meantime, it will be too risky to cripple the [...]

]]> By: jasmine pride http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-9246 jasmine pride Tue, 15 Dec 2009 20:46:41 +0000 http://www.moneymorning.com/?p=4444#comment-9246 does obama plan to actually help the economy??? does obama plan to actually help the economy???

]]> By: U.S. Ramping Up Wind Power Programs Even As Concerns Surface About Possible Declines In U.S. Wind Strength http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4909 U.S. Ramping Up Wind Power Programs Even As Concerns Surface About Possible Declines In U.S. Wind Strength Fri, 19 Jun 2009 10:00:43 +0000 http://www.moneymorning.com/?p=4444#comment-4909 [...] About one-third of President Obama’s $800 billion-plus stimulus package will go to infrastructure, with $30 billion allocated for U.S. roads and highways and another $10 billion earmarked for railways and mass-transit systems. [...] [...] About one-third of President Obama's $800 billion-plus stimulus package will go to infrastructure, with $30 billion allocated for U.S. roads and highways and another $10 billion earmarked for railways and mass-transit systems. [...]

]]> By: Treasury Secretary Geithner Confirmed, Begins Difficult Journey http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4907 Treasury Secretary Geithner Confirmed, Begins Difficult Journey Wed, 18 Mar 2009 18:59:02 +0000 http://www.moneymorning.com/?p=4444#comment-4907 [...] will also be crucial to the implementation of President Obama’s $825 billion stimulus package. When not fielding questions about his tax returns, Geithner has been working with the rest of [...] [...] will also be crucial to the implementation of President Obama's $825 billion stimulus package. When not fielding questions about his tax returns, Geithner has been working with the rest of [...]

]]> By: Global Infrastructure Spending to Reach $35 Trillion Over the Next 20 Years http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4908 Global Infrastructure Spending to Reach $35 Trillion Over the Next 20 Years Wed, 18 Mar 2009 17:17:25 +0000 http://www.moneymorning.com/?p=4444#comment-4908 [...] About one-third of President Barack Obama’s $825 billion stimulus package will go to infrastructure with $30 billion allocated for roads and $10 billion for mass transit and railways. [...] [...] About one-third of President Barack Obama’s $825 billion stimulus package will go to infrastructure with $30 billion allocated for roads and $10 billion for mass transit and railways. [...]

]]> By: The Three Missteps in President Obama’s Economic Turnaround Plan http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4906 The Three Missteps in President Obama’s Economic Turnaround Plan Thu, 26 Feb 2009 21:51:37 +0000 http://www.moneymorning.com/?p=4444#comment-4906 [...] Money Morning News Analysis: The Obama Blueprint for Solving the U.S. Financial Crisis [...] [...] Money Morning News Analysis: The Obama Blueprint for Solving the U.S. Financial Crisis [...]

]]> By: Fifth Third - A Medium-Sized "Zombie" Bank http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4905 Fifth Third - A Medium-Sized "Zombie" Bank Fri, 20 Feb 2009 19:22:54 +0000 http://www.moneymorning.com/?p=4444#comment-4905 [...] President Barack Obama’s stimulus plan, targeted towards lower-income households and hard-hit areas, may help Fifth Third’s business [...] [...] President Barack Obama’s stimulus plan, targeted towards lower-income households and hard-hit areas, may help Fifth Third’s business [...]

]]> By: Black Monday Brings Massive Layoffs – Economists Say Some Jobs Could be Gone for Good http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4904 Black Monday Brings Massive Layoffs – Economists Say Some Jobs Could be Gone for Good Tue, 27 Jan 2009 21:30:21 +0000 http://www.moneymorning.com/?p=4444#comment-4904 [...] news ratchets up the pressure on the Obama administration and Congress as lawmakers debate an $825 billion stimulus package intended to save or create millions of [...] [...] news ratchets up the pressure on the Obama administration and Congress as lawmakers debate an $825 billion stimulus package intended to save or create millions of [...]

]]> By: Caterpillar Predicts Zero Economic Growth for 2009 – Sheds 20,000 Jobs http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4903 Caterpillar Predicts Zero Economic Growth for 2009 – Sheds 20,000 Jobs Mon, 26 Jan 2009 21:57:38 +0000 http://www.moneymorning.com/?p=4444#comment-4903 [...] forecast focuses even more attention on the details of President Barack Obama’s $825 billion economic stimulus plan and, in particular, what it might hold for infrastructure [...] [...] forecast focuses even more attention on the details of President Barack Obama's $825 billion economic stimulus plan and, in particular, what it might hold for infrastructure [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4902 Jutia Group - Market Jitters & Political Critters Mon, 26 Jan 2009 17:27:38 +0000 http://www.moneymorning.com/?p=4444#comment-4902 [...] plan – detailed in a Money Morning report last week – could potentially pass the Democrat-dominated House without Republican support, The New [...] [...] plan – detailed in a Money Morning report last week – could potentially pass the Democrat-dominated House without Republican support, The New [...]

]]> By: Lynell Powers http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4901 Lynell Powers Mon, 26 Jan 2009 15:09:40 +0000 http://www.moneymorning.com/?p=4444#comment-4901 We Americans do not have or want a gov in the business of business. This includes the production of electrical generation. We have wisely set fourth the affairs of gov in business only to regulate necessary inspection of prescribed standards insuring our health and prevention of criminal elements. Using the Energy Information Administration, Form EIA-906, “Power Plant Report” and EIA 920, “Combined Heat and Power Plant Report.” The reader will note hydra power accounts for 6.9% of our power and all other renewable combined only account for 2.3%. This includes solar, wind, tidal, and Geo. I could not find any new hydra projects currently being developed here. Fact is lots of old smaller hydra stations are being taken out as they in part interfere with plastic paddle boats. If it were possible, it is not, to increase this 2.3% tenfold it would still only have us only getting 23% of our energy by renewable. If you think this high percentage is possible I'd like to talk to you about a bridge I have for sale. President Obama has very clearly stated he plans on doubling the amount of energy that could be produced from renewable resources within the next three years totaling 4.6% or an annual increase of only .77 of one present which will not even keep up with our increased needs. This is not effective leadership it is rather Mollycoddling us as children. We Americans have been so dumbed down and misguided by our Legislators with fat money from the lobbies of oil, gas, coal and now it appears solar and wind generation we have now lost our ability to separate fact from fraud. The actual real answer to future electrical generation is safe, safe, super safe nuclear power. Today we get twenty present of our power this way and we have not build a new plant since 1978! This reawakened reality would cost the taxpayer not a dime, this is the business of private business, employ millions, get us off the fossil fuel burning technology of yesterday, could be accomplished in short order and make us energy free as a nation in very short order. Those of you who may find objection to nuclear powers please let me again remind you how we have allowed ourselves to be dumbed down and last of all do some homework on the topic. We Americans do not have or want a gov in the business of business. This includes the production of electrical generation. We have wisely set fourth the affairs of gov in business only to regulate necessary inspection of prescribed standards insuring our health and prevention of criminal elements.

Using the Energy Information Administration, Form EIA-906, “Power Plant Report” and EIA 920, “Combined Heat and Power Plant Report.” The reader will note hydra power accounts for 6.9% of our power and all other renewable combined only account for 2.3%. This includes solar, wind, tidal, and Geo. I could not find any new hydra projects currently being developed here. Fact is lots of old smaller hydra stations are being taken out as they in part interfere with plastic paddle boats.

If it were possible, it is not, to increase this 2.3% tenfold it would still only have us only getting 23% of our energy by renewable. If you think this high percentage is possible I'd like to talk to you about a bridge I have for sale. President Obama has very clearly stated he plans on doubling the amount of energy that could be produced from renewable resources within the next three years totaling 4.6% or an annual increase of only .77 of one present which will not even keep up with our increased needs. This is not effective leadership it is rather Mollycoddling us as children.

We Americans have been so dumbed down and misguided by our Legislators with fat money from the lobbies of oil, gas, coal and now it appears solar and wind generation we have now lost our ability to separate fact from fraud.

The actual real answer to future electrical generation is safe, safe, super safe nuclear power. Today we get twenty present of our power this way and we have not build a new plant since 1978! This reawakened reality would cost the taxpayer not a dime, this is the business of private business, employ millions, get us off the fossil fuel burning technology of yesterday, could be accomplished in short order and make us energy free as a nation in very short order. Those of you who may find objection to nuclear powers please let me again remind you how we have allowed ourselves to be dumbed down and last of all do some homework on the topic.

]]> By: U.S. Unemployment May be a Bigger Problem Than Government Statistics Say http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4900 U.S. Unemployment May be a Bigger Problem Than Government Statistics Say Mon, 26 Jan 2009 10:04:24 +0000 http://www.moneymorning.com/?p=4444#comment-4900 [...] reminder of how urgently action is needed" to revive the nation’s staggering economy. His administration is planning a stimulus package costing upwards of $800 billion, consisting of tax cuts and other ways to try to help individuals and [...] [...] reminder of how urgently action is needed" to revive the nation's staggering economy. His administration is planning a stimulus package costing upwards of $800 billion, consisting of tax cuts and other ways to try to help individuals and [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4899 Jutia Group - Market Jitters & Political Critters Thu, 22 Jan 2009 15:16:50 +0000 http://www.moneymorning.com/?p=4444#comment-4899 [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close [...] [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close [...]

]]> By: The U.S. Market for Deals Remains in a Deep Freeze http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4896 The U.S. Market for Deals Remains in a Deep Freeze Thu, 22 Jan 2009 14:56:13 +0000 http://www.moneymorning.com/?p=4444#comment-4896 [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close [...] [...] also noted that a talk of a higher capital gains tax could resurface, should the Obama administration economic plan begin to stimulate growth this year, meaning companies would have incentives to close [...]

]]> By: sagar http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4898 sagar Thu, 22 Jan 2009 12:49:07 +0000 http://www.moneymorning.com/?p=4444#comment-4898 How about that??? Taxpayer money back to the taxpayer… a novel idea!!! How about that??? Taxpayer money back to the taxpayer… a novel idea!!!

]]> By: Doug http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4897 Doug Thu, 22 Jan 2009 01:55:30 +0000 http://www.moneymorning.com/?p=4444#comment-4897 Do you think $500.00 for individuals or $1000.00 for a couple will make any difference to many people? What about a couple who have a child or children who's income is down by half because of all this? And credit, how do you get credit flowing when people are struggling just to maintain their current bills and cannot afford anything on credit? How about others that have homes and are current on their mortgage yet their home of years is now worth less than what they paid for it in 2003. I think we need to look at the people whom are current (by the grace of god) and give something back to them!!!!!!!! Do you think $500.00 for individuals or $1000.00 for a couple will make any difference to many people? What about a couple who have a child or children who's income is down by half because of all this? And credit, how do you get credit flowing when people are struggling just to maintain their current bills and cannot afford anything on credit? How about others that have homes and are current on their mortgage yet their home of years is now worth less than what they paid for it in 2003. I think we need to look at the people whom are current (by the grace of god) and give something back to them!!!!!!!!

]]> By: Ruby Schwanke http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4893 Ruby Schwanke Wed, 21 Jan 2009 23:16:13 +0000 http://www.moneymorning.com/?p=4444#comment-4893 If Geithner gets to be Treasury Secretary in charge of the IRS, out government leaders are truly brain dead. Why would you allow an appointment of someone who can not even handle his own finances. And you want him to handle the Country's finances? We are looking for help - not more corruption. We have had enough corruption to last a life time. Thanks If Geithner gets to be Treasury Secretary in charge of the IRS, out government leaders are truly brain dead. Why would you allow an appointment of someone who can not even handle his own finances. And you want him to handle the Country's finances? We are looking for help – not more corruption. We have had enough corruption to last a life time. Thanks

]]> By: Lucie http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4895 Lucie Wed, 21 Jan 2009 18:30:21 +0000 http://www.moneymorning.com/?p=4444#comment-4895 As an economist educated in the early 90's with an MBA in International Business, I understand the complexities of economies both domestic and foreign. Having said that however, I must add that as a student of Economics, evaluating the various points of view, the recurring theme, in a free market economy, is that the consumer knows best and when left to his freedom to choose, the consumer(s) will make the right choice, the choice that yields most utility. So, I believe that to give the consumer/tax payer his hard earned tax dollar and let him decide where the money should go will bring about the most efficient and effective monetary policy. After all, the consumers are most numerous and at tax time, the refunded tax dollars would be spent or saved by the broadest base possible which would prevent bureaucratic/aristocratic misuse and misallocations of the money. How about that??? Taxpayer money back to the taxpayer... a novel idea!!! LC in New Hampshire As an economist educated in the early 90's with an MBA in International Business, I understand the complexities of economies both domestic and foreign.

Having said that however, I must add that as a student of Economics, evaluating the various points of view, the recurring theme, in a free market economy, is that the consumer knows best and when left to his freedom to choose, the consumer(s) will make the right choice, the choice that yields most utility.

So, I believe that to give the consumer/tax payer his hard earned tax dollar and let him decide where the money should go will bring about the most efficient and effective monetary policy. After all, the consumers are most numerous and at tax time, the refunded tax dollars would be spent or saved by the broadest base possible which would prevent bureaucratic/aristocratic misuse and misallocations of the money.

How about that??? Taxpayer money back to the taxpayer… a novel idea!!!

LC in New Hampshire

]]> By: Barack Obama’s Plan for the U.S. Economy | The Rand Today http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4894 Barack Obama’s Plan for the U.S. Economy | The Rand Today Wed, 21 Jan 2009 15:51:02 +0000 http://www.moneymorning.com/?p=4444#comment-4894 [...] Original article by Jason Simpkins and William Patalon III - Money Morning : The Obama Blueprint for Solving the U.S. Financial Crisis [...] [...] Original article by Jason Simpkins and William Patalon III – Money Morning : The Obama Blueprint for Solving the U.S. Financial Crisis [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4892 Jutia Group - Market Jitters & Political Critters Wed, 21 Jan 2009 15:10:12 +0000 http://www.moneymorning.com/?p=4444#comment-4892 [...] Jason Simpkins and William Patalon III Money Morning addthis_pub = 'jutiagroup'; addthis_logo = 'http://www.jutiagroup.com/favicon.ico'; addthis_brand [...] [...] Jason Simpkins and William Patalon III Money Morning addthis_pub = 'jutiagroup'; addthis_logo = 'http://www.jutiagroup.com/favicon.ico'; addthis_brand [...]

]]> By: eugene http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4890 eugene Wed, 21 Jan 2009 14:44:16 +0000 http://www.moneymorning.com/?p=4444#comment-4890 HOW can these issues be solved when the LIB DEM IDIOTS who CAUSED this MESS are NOW in charge!! The inmates are now in charge of the asylum, that's FACT!! Unfortunately LESS than half of the country are MORONS and put him in office! The huge loss in the market is just the beginning of the OBAMAPRESSION! HOW can these issues be solved when the LIB DEM IDIOTS who CAUSED this MESS are NOW in charge!! The inmates are now in charge of the asylum, that's FACT!! Unfortunately LESS than half of the country are MORONS and put him in office! The huge loss in the market is just the beginning of the OBAMAPRESSION!

]]> By: Alan Baldwin http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4889 Alan Baldwin Wed, 21 Jan 2009 14:41:29 +0000 http://www.moneymorning.com/?p=4444#comment-4889 Do Obama's plans for job creation include plans for job protection from foreign outsourcing? Outsourcing American jobs to foreign countries does not help the US economy. Do Obama's plans for job creation include plans for job protection from foreign outsourcing?
Outsourcing American jobs to foreign countries does not help the US economy.

]]> By: Heather http://moneymorning.com/2009/01/21/the-obama-blueprint-for-solving-the-us-financial-crisis/comment-page-1/#comment-4891 Heather Wed, 21 Jan 2009 13:50:48 +0000 http://www.moneymorning.com/?p=4444#comment-4891 The problem I see with this is that it is not just an economic stimulus plan; it is also traditional liberal left programs and issues. It seems to me that Obama is pushing the usual liberal agenda, but has repackaged it as a stimulus plan. Is he trying to avoid the usual debate for each issue, by bundling it and calling it a stimulus plan? Shouldn't there be a debate and approval of universal health care? But in his plan he is creating jobs to computerize medical records; something he said was part of his universal health care plan. Shouldn't there be a debate on alternative energy? But in his plan he is creating alternative energy jobs and smart grid jobs; both part of his global warming agenda. Shouldn't there be a debate on enlarging goverment? But in his plan he is creating thousands of new goverment jobs. And I think anyone who is thinking would agree that all this talk of road projects, will be manditory union labor contracts. How big a pay back for the union vote is that! It seems to me that Obama has taken the liberal lefts traditional agenda, bigger goverment, universal health care, global warming, big union and reworked it to emphasis job creation; and then called it an "economic recovery"! I think this is why he is telling us we have to move fast on it. He wants to get it passed before anyone notices! But it would seem to me that these liberal left agenda issues all deserve free and open debate! The problem I see with this is that it is not just an economic stimulus plan; it is also traditional liberal left programs and issues. It seems to me that Obama is pushing the usual liberal agenda, but has repackaged it as a stimulus plan. Is he trying to avoid the usual debate for each issue, by bundling it and calling it a stimulus plan?

Shouldn't there be a debate and approval of universal health care? But in his plan he is creating jobs to computerize medical records; something he said was part of his universal health care plan.

Shouldn't there be a debate on alternative energy? But in his plan he is creating alternative energy jobs and smart grid jobs; both part of his global warming agenda.

Shouldn't there be a debate on enlarging goverment? But in his plan he is creating thousands of new goverment jobs.

And I think anyone who is thinking would agree that all this talk of road projects, will be manditory union labor contracts. How big a pay back for the union vote is that!

It seems to me that Obama has taken the liberal lefts traditional agenda, bigger goverment, universal health care, global warming, big union and reworked it to emphasis job creation; and then called it an "economic recovery"!

I think this is why he is telling us we have to move fast on it. He wants to get it passed before anyone notices! But it would seem to me that these liberal left agenda issues all deserve free and open debate!

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