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Obama's Plans

Discussion in 'General Baptist Discussions' started by swaimj, Jan 21, 2009.

  1. swaimj

    swaimj <img src=/swaimj.gif>

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    #1 swaimj, Jan 21, 2009
    Last edited by a moderator: Jan 22, 2009
  2. JustChristian

    JustChristian New Member

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    I don't see how you can argue that Bush did not introduce socialism in fighting the economic crisis. We nationalized an insurance company (AIG) and the major mortgage entities (Freddie Mac and Fannie Mae). We gave away billions to support banks in trouble and subsidized failed mortgages many of which failed again a few months later. If this isn't socialism what is?
     
    #2 JustChristian, Jan 21, 2009
    Last edited by a moderator: Jan 22, 2009
  3. swaimj

    swaimj <img src=/swaimj.gif>

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    I don't see how you derive an argument about GW Bush at all from what I posted.
     
  4. preachinjesus

    preachinjesus Well-Known Member
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    I think he is wrong in some areas but can see his point in others. One of the big misconceptions is the idea of "socialism." I think Mr. Morris is being dramatic.

    If you want to see socialism first credit the former President Bush for the widest expansion on government, spending, and governmental powers in the history of the union. Then turn to his actions towards the nationalized banking system and control of the commanding heights of the economy.

    While I don't expect President Obama to embrace complete free market, laissez-faire economics I find it dubious that he will become a Marxist or Lennist in the next 4 years. We forget the President Clinton came into office on a deeply liberal (economically) platform and ended up being more of a capitalist, free market man than President Bush that preceeded him. (Nobody beats Reagan imho...on so many issues too)

    I am deeply concerned about the overtures to nationalizing the banking system by our new President. I'm a big free market guy and oppose the interventionist actions of the recent President Bush. We need to let the markets rebound naturally and not attempt to stimulate them artificially. Also the dramatic infusion of newly printed cash has some deeply unsettling implications. This is what Hoover did that really triggered the Great Depression.

    That said I'll hold my complete assessment of President Obama's economic plans until after he is in office for at least 2 years. There isn't much a sitting President can do to truly affect the economy. To my knowledge (and I could be wrong) but he is keeping the chairman of Federal Reserve in place and there won't be a shift in monetary policy from Chairman Bernacke anytime soon.

    Other than that, we need to be careful (imho) labeling liberal fiscal policies socialism. I don't see anyone attempting to do what Marx suggested on such a grand scale. But I'm also the same guy who opposes taxation beyond a national flat tax of 15% and minor local property taxation. :)
     
  5. donnA

    donnA New Member

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    The op didn't say anything about Bush, only Obama. Having trouble focusing and staying on topic? Seems to happen to you frequently.

    As for the article, I guess we'll have to wait and see what really happens. We know Obamas plans, but we don't know God. And as much as some here don't like to admit it, God has more power, and He really is in control, Obama,,,, not so much.
     
  6. KenH

    KenH Active Member

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    We can hope so. :thumbs:
     
    #6 KenH, Jan 21, 2009
    Last edited by a moderator: Jan 22, 2009
  7. rbell

    rbell Active Member

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    Ken, let me congratulate you. You've held this position longer than any other one.

    'Tis a silly position, but you've held it.

    :saint: :tongue3:
     
  8. saturneptune

    saturneptune New Member

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    That is hardly the point. As liberal as Bush was, the solution was not to elect a radical liberal to solve our problems. The solution was to elect a government that left government out of our lives.
     
  9. Fox

    Fox New Member

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    Bush.....? I didn't think he is president anymore....is he? Why are all the Christian Dem's (if there is such a thing) always giving him the credit for everything. I thought BO was going to "CHANGE" everything. There is one thing I can't understand, BO has been in office for 1&1/2 days and I still got a notice yesterday that my mortgage was due on the 1st. of Feb? What gives?
     
  10. 4His_glory

    4His_glory New Member

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    The USA has been on the path of socialism for a long while.
     
  11. Aaron

    Aaron Member
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    Why didn't I see this before?That's the handle I'm using for the phoney President of the United States. Ol' Bo. Thanks, Fox!
     
  12. saturneptune

    saturneptune New Member

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    That post is right on target. The transfer of power was from liberal to extreme liberal.
     
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