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Fortune Changer for Obama?
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<blockquote data-quote="wkmac" data-source="post: 893416" data-attributes="member: 2189"><p>Sure, it can be a game changer. If people believe fortunes are turning it will effect how they feel and act. Now I may believe these are short term fixes and that in time, decades maybe, we'll face more problems even worse because we've wall papered over the root causes. Using history on economic modeling, the Federal Reserve came into being to prevent booms and busts and yet first we had the great depression, then Bretton Woods in the post war global economy, then in 71' Nixon ended Bretton Woods and we were given the global reserve fiat currency of the petro dollar, the 90's gave us globalization of trade and labor and now we face a global collapse of fiat currencies and central bank systems. See a trend of about 20 to 30 years between crisis points and each crisis invokes a larger impact? At some point, there will be no more rabbits in the hats for the societal technocrats to pull out and as Mencken once said, "Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats." Sad we parents don't have the balls to man up now so our kids and grandkids avoid the throat slitting part of Mencken's truism. </p><p></p><p> On a short term basis, things could become better so to speak (accepting the articles outcome as true) and if that happens, fortunes for Obama "could" change, thus the reason I used a "?" and made it a question. Time will have to supply the answer whether it's true and in time for Obama to benefit. </p><p></p><p>I still believe there are serious root problems deep down within our societal structure (technically and morally, yes I said morally) and even regardless of a turn for the better that will qwell the masses for now, I'm not convinced longterm our societal model is sustainable especially on economic grounds. I still stand by my cynicism toward that model but if people are given real freedom and liberty, I'm real positive on them as I always have been when they are given the truth, transparency and the the freedom to act on it!</p><p></p><p>jmo</p></blockquote><p></p>
[QUOTE="wkmac, post: 893416, member: 2189"] Sure, it can be a game changer. If people believe fortunes are turning it will effect how they feel and act. Now I may believe these are short term fixes and that in time, decades maybe, we'll face more problems even worse because we've wall papered over the root causes. Using history on economic modeling, the Federal Reserve came into being to prevent booms and busts and yet first we had the great depression, then Bretton Woods in the post war global economy, then in 71' Nixon ended Bretton Woods and we were given the global reserve fiat currency of the petro dollar, the 90's gave us globalization of trade and labor and now we face a global collapse of fiat currencies and central bank systems. See a trend of about 20 to 30 years between crisis points and each crisis invokes a larger impact? At some point, there will be no more rabbits in the hats for the societal technocrats to pull out and as Mencken once said, "Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats." Sad we parents don't have the balls to man up now so our kids and grandkids avoid the throat slitting part of Mencken's truism. On a short term basis, things could become better so to speak (accepting the articles outcome as true) and if that happens, fortunes for Obama "could" change, thus the reason I used a "?" and made it a question. Time will have to supply the answer whether it's true and in time for Obama to benefit. I still believe there are serious root problems deep down within our societal structure (technically and morally, yes I said morally) and even regardless of a turn for the better that will qwell the masses for now, I'm not convinced longterm our societal model is sustainable especially on economic grounds. I still stand by my cynicism toward that model but if people are given real freedom and liberty, I'm real positive on them as I always have been when they are given the truth, transparency and the the freedom to act on it! jmo [/QUOTE]
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