Sunday, November 30, 2008
Obama’s Team Isn’t Exactly a Break With the Past
http://www.nytimes.com/2008/11/30/business/30every.html?_r=1&ref=politics
Monday, November 24, 2008
Don't be Depressed, It's not 1929
Article:
http://www.newsweek.com/id/170340
Sunday, November 23, 2008
Will Clinton be Obama's frenemy of State?
On the other hand, Hillary Clinton's experience with foreign nations could be a valuable asset to the Obama administration. However, this is a double-edged sword because with so much foreign policy experience, Clinton is likely to have her own adgenda when it comes to foreign issues. This would detract from her loyalty to the Obama.
Taking these arguments into accound, I don't think Hillary Clinton would make a great secretary of state for several reasons. First, there is too much tension between her and Obama from the start. These issues need to be resolved prior to Obama taking office. Second, Bill Clinton will always be there no matter what. He is too influencial to simply stay on the sidelines and watch Hillary's every move. I am sure he will have a lot of influence on Hillary behind the scences. Nontheless, the only way to find out whether she will make a good secretary of state is to wait and see what happens. Will her own adgenda or Bill Clinton detract from her loyalty to the President? Only one way to find out...
Here is the link to the article:
Will Clinton be Obama's Frenemy of State?
Obama's Stimulus Package
News that Geithner, the president of the federal reserve bank, would be the treasury secretary boosted the stock market 500 points. I think this is a good sign that Obama is on the right track since he has already had a hand boosting the stock market and he is not even in office yet.
Overall, even though Obama may think he can get his plan going a lot quicker than he really can, I do think he will do a good job in helping the current state of the economy.
Article: http://www.nytimes.com/2008/11/24/us/politics/24transition.html?pagewanted=1&_r=1&hp
"Socialism is not the problem"
I think this article makes a great point by saying that if Obama decides to follow an over-the-top policy structure with a dash of experimentation, then the U.S. could be in for some more rocky economic times. I agree with Chapman that Obama is obviously not a socialist, despite his redistirbution of wealth proposals, but is this direction of BIG government and intervention as well as policy experiments that great of an alternative either. Clearly, I would not want to be in a socialist state with Karl Marx as my leader, but this idea of very large government is closing in on the ideas of Thomas Hobbes.
Thursday, November 20, 2008
Iran said to have enough nuclear fuel for one weapon
According to nuclear experts, based on the production levels by Iran in the past they should have enough nuclear material to construct an atomic weapon. However, it should be noted that this material is low-enriched uranium - mostly useless for a conventional atomic weapon. Iran would still need to develop a warhead capable of delivering the payload, as well as enrich the material to weapons grade. Both would be incredibly difficult to succeed, given the country's resources and the fact that it has numerous inspectors within its facilities making sure it does not do exactly this.
Iran has constantly threatened to force these inspectors out, and it will be interesting to see how the Iranian government acts now that Obama is president. Will it attempt to challenge the new President? How should the world respond to a Iran with nuclear capabilities? Both are key questions that could have an enormous impact on the years to come.
Monday, November 17, 2008
Ex-Rivals Stand to Gain From Meeting
http://online.wsj.com/article/SB122687265152531765.html
Their first proposal calls for president-elect Obama to support another bold stimulus package, one which would cost the American government 100 billion dollars. It is certainly hard to determine whether such government spending would improve the economy. Earlier in the year, Congress supported a 168 billion dollar package, giving American “folks” checks of around $600. However, the stimulus package didn’t set off any large economic activity. But I believe if president-elect Obama were to support another stimulus package, this one would be way more beneficial to the economy. This is simply due to timing. The holiday season is already here, and a few extra hundred dollars in American family’s checking accounts would most certainly recycle directly directly back into the consumer markets, bolstering economic growth and helping large and small businesses.
The second proposal calls for Obama to support Aid for GM and Ford, calling the government to send 25 billion dollars to each corporation which would eventually pay the government a dividend. I think the consequences of these actions could be dangerous. We have already seen the government bailout major insurance corporations like AIG and financial consulting firms like Merrill Lynch. There must be other ways the government can help America’s economic backbone in the automobile industry rather than direct bailouts. Soon all large corporations would become dependent on government bailout money, granting our government unprecedented power and control over huge, public corporations. We are a nation founded upon the economic principle of free trade, private companies, and open markets with as little government interaction as possible. We do not want our government to become too large or powerful. However, I am in favor of this article’s seventh proposal, which calls for changing the fuel-efficiency rules for this nation’s automobile companies. Ford and GM should be able to import their small cars from over-seas so they can maintain the Corporate Average Fuel Economy standard, while they work on technologies for alternative fuel vehicles.
I also agree with the article’s proposals to delay tax increases and support legislation that would keep union ballot’s secret. Barack Obama promised to raise taxes on wealthy American’s throughout his campaign. However, I agree with the article in believing such an increase on the wealthy at this point in time, with the economy in its current state, would only hurt attempts to restore it. The wealthy’s money is usually expended into family businesses and public stock, helping create jobs. Yet, I don’t agree with the article when it says to increase tax on gasoline. I believe high prices of gas would only cause panic once again in the economy and would out-weigh the incentives to buy more fuel-efficient vehicles. Lastly, I agree with helping keep union’s ballots secret. Union members should not be influenced in any ways by outside forces to vote for something pertaining to their job. They should be able to vote their conscience and not be intimidated by higher authority. Such legislation would promote union membership and increase jobs in the United States.
I will end this blog with a few simple questions. What do you, the reader, think of these proposals: Will they help our economy or only send it further plunging into recession? Do you agree with my opinions? Are there any steps you think Barack Obama should take that aren’t outlined in the article? Do you think there are steps which were outlined that shouldn’t be taken?
Here is the link to the article
http://online.barrons.com/article/SB122670713307329839.html?mod=b_hpp_9_0002_b_this_weeks_magazine_home_top&page=1
The Early Word: Clinton(s) in Foggy Bottom?
http://thecaucus.blogs.nytimes.com/2008/11/17/the-early-word-clintons-in-foggy-bottom/
The GOP Future Lies With Republican Governors?
It's a pretty accurate statement overall. With the Democrats holding most of the Congressional seats, there won't be as many conservative policies passed. Because the GOP members of Congress won't be able to pass as many Republican-supported bills, the focus will then be forwarded to the Governors. It'll be interesting to see over the next four years, which GOP Governors step up to the plate. Some governors that have been talked about recently as possible presidential candidates in 2012 are Charlie Crist of Florida, Tim Pawlenty of Minnesota and Bobby Jindal of Louisiana, and most noticeably, Sarah Palin of Alaska.
Overall, the Republican party is going to have to be pretty careful over the next few years. They are going to have to make sure and keep the current Republican Congressional and Gubernatorial seats as well as maintain good publicity that will show the public that the Republican Party is what the U.S. needs for a successful future. If they gain the public's trust again, they will be back on track for a possible win in 2012.
http://www.palmbeachpost.com/politics/content/shared-gen/ap/General_Election_News/Republican_Governors.html
Barack Obama: FDR, Lincoln, and Jesus, All Rolled Into One!
If one were to watch MSNBC or pick up any relevant news magazine, it would appear that Barack Obama, without spending a single minute in the Oval Office, has already been named the "Greatest President of All Time". It seems that, before even taking office, journalists feel content in proclaiming the president-elect as an amalgamation of some of the most respected presidents in our nation's history.
Reporters have no problem comparing Obama to FDR in terms of handling the economy and the expected impending recession. Apparently, rhetoric and campaign promises are enough to put Obama on equal grounds with FDR himself. Call me crazy, but I fail to see justification for putting Obama on par with the man who is credited with saving us from the Depression, the worst economic quagmire in the history of free-market capitalism, before a single act is handed down from the Obama administration.
When it comes to dealing with the perceived fractured, partisan political state of this nation, journalists are already hailing Obama as a reincarnation of Abe Lincoln himself. This even further enrages me, that before even entering office Obama is already being placed on the same level as the man who overcame neverending barriers and tests to bring together a nation literally at war over ideological differences.
As a man who has great respect for US history, I find it insulting that, while FDR and Lincoln had to prove themselves to the world and overcome incredible odds, Obama is being given a free pass, being elevated to this upper echelon of leaders without even being inaugurated.
Sunday, November 16, 2008
The Brilliant Brain Trust
http://www.newsweek.com/id/169174
Tuesday, November 11, 2008
Palin's 2012 Playbook
http://www.newsweek.com/id/167473/page/2
Monday, November 10, 2008
How McCain lost: Message, funding woes
http://www.usatoday.com/news/politics/election2008/2008-11-05-mccain-how-he-lost_N.htm
A Few Post Election Thoughts
Link:http://www.realclearpolitics.com/articles/2008/11/a_few_postelection_thoughts.html
Saturday, November 8, 2008
GOP Defeat
In this article, Laura Meckler uses hindsight to begin dissecting Senator John McCain’s strategy to figure out why he was defeated. I found it interesting because in class we said that many Republicans would blame the loss on McCain’s breaks with Republicans, but this article takes the opposite approach. We have also discussed McCain’s unclear message and this explains how his initial image as a ‘maverick’ was blurred in order to try to appeal to the conservative voters that make up the base of the Republican Party. McCain’s message needed to be consistent and credible. I think that there will be criticism from both sides of his party. The conservatives will say that he was too bipartisan, while the moderate Republicans will claim that he ran as too conservative. Basically, Senator McCain did not stick to one side. He took the middle-of-the-road position and got hit by the metaphorical truck.
The article points out that McCain simply did not emphasize his differences from the Republican Party enough. This goes along with the message box from the “Crafting your Campaign’s Message” chapter. McCain had these points about himself but his message did not “zero-in” on them as strengths. His choice of Governor Palin over Senator Joe Lieberman was intended to please conservatives and it turned away many independent voters that the once Democratic Senator may have gained. McCain knew that he needed the Republican base to win and that turning them off would lose the election. This put McCain in a tight position and explains why his message was wavering.