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After a bruising week, Pres. Obama will hold a one-day summit on Wednesday for corporate CEOs,...
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Saturday, December 11, 2010, 1:24 PM ETAfter a bruising week, Pres. Obama will hold a one-day summit on Wednesday for corporate CEOs, hoping to persuade some of the companies to start using their collective $1.9T of cash for expansion and new hires. Invitees include GOOG, CSCO, IBM, AXP, PEP and more.
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Nothing else needs to be said.
Meeting over in 5,4,3,2,1.
Although I am not current on where the AXP vs MC and V stands - I was really outraged that our government would feel compelled to once again try and pick winners and losers among credit card types-
Especially when there are so many greater issues to address.
Just my opinion.
I thought that was meaningful, and widely ignored.
You cannot run an economy without talking to the heads of business. Any comment here considering this action by Obama as erroneous or problematic is partisan politics and doesn't intend for the well-being of the nation.
In my opinion the way to create jobs in the US is to lower corporate tax rate for everybody.
Multinationals will not create jobs in the US anyway, they are american in name only, most of their operations happen elsewhere, why should they move back to the US? We should acknolwedge this fact and concentrate on US based businesses instead.
We should give more tax cuts to small businesses and to the rich to attract capitals flows and thus jobs creation....
I said to myself, "if this guy is right, then Obama is going to be President of a country entering a structural, qualitative, downturn that will not be resolvable with simple political and economic tricks", i.e. neither the Obama nor Bernanke would be able to stop and turn things around, no matter what they do.
I'm not completely pessimistic about the outcome of these discussions, however, since I don't believe the world is mathematically quantifiable and projectable and I believe with the right applications of pressure real change can be effected, O in this instance is just playing another one of his cards. Hopefully, his hand is a good one.
Obama is signing a tax cut, the deficit is climbing, and corporate cash is growing...? Does he not see the problem here? And the logical opportunity to begin paying down the debt?
The democrats don't remember who they are any longer. Obama wants to be second lieutenant to the king-makers on Wall Street, instead of telling the plutocracy that the gig is up; they'll have to start paying for the party for the next few decades.
Piss them off? Yes, definitely.
Obama first goal since entering the White House....
No, the point of it was to 1) survive and 2) turn a profit.
You like profits, don't you?
And the reason the multinats left? So they wouldn't be the next victim, like GM who was destroyed by the UAW.
"which was the hammer pushing for higher wages in America"
Hardly. If it was only higher wages. The pensions are what caused them to pack up and leave. The healthcare costs. The regulations and laws that are loaded on one side towards unions. The regulations and laws themselves, apart from unions.
Face it. Lefties want to complain all day about overseas jobs, but then don't want to take ownership of being the ones responsible for it. They can't have it both ways. Its one or the other, but not both.
IF Pelosi wants to stop the congloms from overseas jobs, THEN she will have to stop boosting union membership and upping regs. But she can't do that because its her chad-yanking base.
So, she'll cling to the pre-fabricated rhetoric and bash businesses(for just trying to remain solvent) by outsourcing, then continue to vote to expand the powers of every federal and state agency from the EEOC to OSHA to new ADA laws to new sex. har. laws to taking off the statute of limitations for the new Lilly Ledbetter Act, to ramming Obamacare down our throat to more expansive whistleblower laws to on and on and on... getting more donations from the BAR and using the EPA to punish our fewer and fewer energy creators(and job creators mind you).
Its not just disingenuous anymore. Its a form of insanity at this point.
I wish Jefferson would have won, and America would have followed the Greek States Model instead of the Roman Empire/British Empire model of Hamilton and Washington. But we took the step into incarnation as the Sun Hero and now we are stuck in Time. There's no going back to the origin, unless all the states secede from the union and we break up into defensive cellular centers of self-interest and start to fight wars against each other like Greece did and like Europe did and has done for the last how many centuries?
We are an empire now. Many of us don't like that fact. But let's not pretend its not true.
Remember the Dark Ages? That was what happened when Rome (that big empire/government) broke up into smaller parts and turned out the lights for 1,000 years. That is coming also; but not so soon as some of you will think. Not in our lifetimes. Eventually, America will break up and be scattered to the wind, as Rome was -- and those seeds will blow far, and then new plants will come up, similar to what the European City-States of the Renaissance were: offspring of the Roman Father-Mother. But we're not there yet.
i have a good friend who is a political analyst, and there is certainly much truth to what it is you said about " breaking up into smaller parts". Tho it will never reach the airways for the general population to hear, there is a real consensus that if the current debt of some of the states is not controlled that there will be states that will leave the union. Many states are not willing to bare the burden of other mismanaged states. Yes, it sounds ridiculous to even contemplate such an idea, but we will eventually bare the fruit of the seeds that have been planted. like the use of the social services by illegal aliens, misuse of funds by fraudalent recipients of social security and welfare that can ultimately bankrupt our nation. these issues are at the root of the union demise.
That, as you suggest, has a big shadow. However, the Roman Empire/British Empire model you seem to like also has a huge shadow. Remember how the Roman Empire ended, with barbarians overrunning the city-state, murdering its citizens, and have the survivors escape and live in the swamps around Venice for a few hundred years. That's a pretty big shadow too, I guess.
I hope America does have its Plato, Socrates and Aristotle season some day. I don't see it coming for awhile. Perhaps after the barbarians chase the urbanites into the swamp again. After 1000 years of a Dark Age. The future, I'm quite sure, belongs to an even more perverted sense of empire, cruelty, and totalitarianism, after our democratic era is stolen from us and we sink into the 'real' empire.
I hope history doesn't repeat this exactly. But the picture becomes more livid and more tactile by the moment.
The centrifugal movement is the Life experience, as the spirit of a nation gets larger and more powerful and more complex, more educated, more adult, more corrupt, etc.
The centripetal movement is the Death experience, as the spirit inhabiting the body escapes from a sick body and retreats in order to recover from the experience.
I think secessionary movements are just around the corner.