Democrats Impatient With Obama to Weigh In on Economy

Discussion in 'Politics' started by Revmitchell, Dec 4, 2008.

  1. Revmitchell

    Revmitchell
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    Democrats are growing impatient with President-elect Barack Obama's refusal to inject himself in the major economic crises confronting the country.

    Obama has sidestepped some policy questions by saying there is only one president at a time. But the dodge is wearing thin.

    "He's going to have to be more assertive than he's been," House Financial Services Committee Chairman Barney Frank, D-Mass., told consumer advocates Thursday.

    Frank, who has been dealing with both the bailout of the financial industry and a proposed rescue of Detroit automakers, said Obama needs to play a more significant role on economic issues.

    "At a time of great crisis with mortgage foreclosures and autos, he says we only have one president at a time," Frank said. "I'm afraid that overstates the number of presidents we have. He's got to remedy that situation."


    More Here
     
  2. LeBuick

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    Not that Barney Frank is the best Dem on the hill but he's confirming RD story that they want Obama making policy before he puts his name plate on the desk. What a goof that guy is. It's not like the economy can be turned around over night no matter who is at the wheel.
     
  3. targus

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    If a candidate is willing to tell us what he will do if elected President, why the reluctance to tell us what he will do now that he is the President-elect.

    Surely he must have some idea of what policies he will support/promote once he takes office, so why not let everyone know now so that we can breath a collective sigh of relief that help is on the way?

    Or could it be that he has no idea of what to do as President where it comes to the economy?
     
  4. dragonfly

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    I don't see how he could do worse than our current president is doing.
     
  5. targus

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    Can't say either way... because he is not giving any indication of what he plans to do.

    All I hear is things like "doing it smarter" or "doing it better".

    Examples of "smarter" and "better" would be helpful.
     
  6. Crabtownboy

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    I believe Obama is being wise not to bardge in. He is not the president yet and thus he does not have the power to set, change or keep policies. As he said in the US there is only one president at a time.
     
  7. targus

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    Well, I guess that all we can do then is hope that after Obama takes office that he doesn't just say, "I would have done it differently" and then wash his hands of it and say "it's not my fault".

    But then again he does have a history of voting "present".

    The silence may just be a variation of that strategy.
     
  8. carpro

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    :eek: Blasphemy!!

    You're talking about the "messiah"!!!
     
  9. canadyjd

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    The bailout is unpopular with the tax payers. Barney Frank is doing what the rest of the demoncrats are doing. He is looking for cover. He knows the dems have full control now and will be held accountable. He wants Obama to weigh in so he can say he was following the lead of his president.

    peace to you:praying:
     
  10. KenH

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    If people, including the members of Congress, would pay attention to what President-elect Obama says then threads like this one would not exist.

    "Further, beyond any immediate actions we may take, we need a recovery plan for both Wall Street and Main Street -- a plan that stabilizes our financial system and gets credit flowing again, while at the same time addressing our growing foreclosure crisis, helping our struggling auto industry, and creating and saving 2.5 million jobs -- jobs rebuilding our crumbling roads and bridges, modernizing our schools, and creating the clean energy infrastructure of the twenty-first century. Because at this moment, we must both restore confidence in our markets -- and restore the confidence of middle-class families, who find themselves working harder, earning less, and falling further and further behind.

    I have asked my economic team to develop recommendations for this plan, and to consult with Congress, the current Administration and the Federal Reserve on immediate economic developments over the next two months. I have requested that they brief me on these matters on a daily basis, and in the coming weeks, I will provide the American people and the incoming Congress with an overview of their initial recommendations. It is my hope that the new Congress will begin work on an aggressive economic recovery plan when they convene in early January so that our Administration can hit the ground running."

    - http://change.gov/newsroom/entry/geithner_summers_among_key_economic_team_members_announced_today/
     
  11. carpro

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    IOW

    No plans yet.

    Except spend, spend, spend.

    Just the first round...

     
    #11 carpro, Dec 5, 2008
    Last edited by a moderator: Dec 5, 2008
  12. KenH

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    Correct. It's only been a week and a half since he announced his economic team.
     
  13. LeBuick

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    Not sure what you mean, Obama is the only one talking about the economy. He is still working on the economic stimulus package he will send to the floor. In case you don't recall, he met with the nations Governors earlier this week to get their input. He still has over a month before he takes office so he has time to put together a plan.

    Now on this subject, we have a President who IS in office and IS still our leader. What is he doing?
     
  14. LeBuick

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    That guys is one big goof...
     
  15. LeBuick

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    Which bailout you referring to, the auto makers?
     
  16. Revmitchell

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    I do not understand this so called impatience. To be fair, regardless of polices, Obama is doing what he should right now.
     
  17. JustChristian

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    I hope you realize that in your article Senator Frank is stating:

    "At a time of great crisis with mortgage foreclosures and autos, he says we only have one president at a time," Frank said. "I'm afraid that overstates the number of presidents we have. He's got to remedy that situation."

    In other words, President Bush is doing nothing (as usual).
     
  18. Revmitchell

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    Coming from Frank makes it less likely to have any validity or truth.
     
  19. LeBuick

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    I guess this theory is blown, the Dems have come up with a figure for the auto makers...

    http://www.reuters.com/article/topNews/idUSWEN145820081206

     
  20. TomVols

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    Frank is wrong and Crabtown is right here. Obama is not president yet (though he has assumed the powerful, Constitutional Office of President Elect) :laugh:

    Obama needs to be forming his team and getting some rest before he launches into the ultimate marathon.

    There is no question the bailouts are unpopular with the American public. The fact that the Dems are willing to shell out more $$ and that the GOP is apparently going along with them is telling. I at least mildly respect what TN Sen Bob Corker tried to do recently and that's listen to the business plans and query the Big three as to how they plan to turn things around. No sense loaning $$ if you don't have a plan to get it back.

    Kinda what started this whole mess.
     

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