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JAPAN NEWS AND DISCUSSION

Obama touts economic progress, but 'hard times' still ahead

World Apr. 15, 2009 - 04:11AM JST ( 18 )

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18 Comments

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adaydreamApr. 15, 2009 - 08:40AM JST

It's a positive start.

Damn forgot to send in my teabags. < :-)
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skipthesongApr. 15, 2009 - 08:53AM JST

I'm getting the feeling people in Washington really don't understand economics.
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HonestDictatorApr. 15, 2009 - 08:56AM JST

Pffft, for crying out loud. They're treating everything he does with a high powered microscope. This is going to take at least a year or at least give it a few months ( like 8) to see the effects of his choices set in. He ain't gonna be waving a magic wand that gives instant results...
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LostinNagoyaApr. 15, 2009 - 09:05AM JST

skipthesong

I'm getting the feeling people in Washington really don't understand economics.

It is more accurate to say ¨...in Washington really **didn´t **understand...¨

Obama & other leaders are cleaning the dirty left behind by Mr. Bush and officials.
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teleprompterApr. 15, 2009 - 10:01AM JST

Obama. What a disaster.
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skipthesongApr. 15, 2009 - 10:16AM JST

lostinNagoya: I love that town... anyway, can you put a chronological post showing exactly how the collapse happened? How much are you throwing into the market at the moment? Since you have so much confidence in the "new" government, I'd think its safe to say you are putting at least 40% of your disposable income?

Also, "Obama & other leaders are cleaning the dirty left behind by Mr. Bush and officials." Are we going to hear that for the next four years, or eight if he goes for re-election?
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AltriaApr. 15, 2009 - 10:16AM JST

Talkin' up the ol' economy again.
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adaydreamApr. 15, 2009 - 12:53PM JST

teleprompter at 10:01 AM JST - 15th April

Obama. What a disaster.

Obama hasn't been in office long enough to be a disaster, yet. Now that administration, you know the one that invented lies to attack Iraq. Now he was a disaster. < :-)
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skipthesongApr. 15, 2009 - 12:56PM JST

Obama hasn't been in office long enough to be a disaster, yet." Yet you will cheer and pop the cork on every little bit of news coming out. You are right, he hasn't been in long enough to be a disaster yet but he also hasn't been in long enough to be the greatest either. Make up your mind. For right now, is still too soon into the first quarter. You don't start popping champaign bottle on the first touch down. And if you notice, all this strategy talk still includes many players from the previous game......BF, CD, MA, etc...
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LostinNagoyaApr. 15, 2009 - 01:00PM JST

Also, "Obama & other leaders are cleaning the dirty left behind by Mr. Bush and officials." Are we going to hear that for the next four years, or eight if he goes for re-election?

You think it´s not fair to bring the past administration when we talk about the world collapse. But is it okay to bring only 100 days of current one into this same object? Give the man a break. What was done wrongly in 8 years will take longer than one year to be fixed.
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adaydreamApr. 15, 2009 - 01:46PM JST

After 8 years of listening to the lies, watching money spent like water going over the damn and jobs deserting to overseas locations faster then firefly flashes, Barack Obama is a breath of fresh air.

skipthesong

And if you notice, all this strategy talk still includes many players from the previous game......BF, CD, MA, etc...

and BF, CD, MA are?

I listened to the republicans justifing throwing money at the pharmacedical companies, trying to throw social security under ther stock market and wasting 6 years taking the United States into a personal war of choice.

After watching the republicans praising bush's dismal presidency, popping corks for Barack Obama is just going to become a common practice.

So be one of those tomorrow re-enacting the Boston Tea Party, but you didn't squabble at all when george bush was sinking this country in debt.

I'm going to go buy several boxes of champayne tomorrow. Corks will be popping all day long.

Also, will you be hearing this for the next 4 or 8 years? Yes!! < :-)
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skipthesongApr. 15, 2009 - 02:06PM JST

lost and aday: I think you are taking me wrong. I am not advocating for the repubs. Hardly. I am however inclulding the dems in the mess, as they had a lot more control over the finance sector than you like to admit. Look it up.

My point is, I am not going to give anyone any handicap. Obama knew well what he was getting into. If said he could fix it so the excuse is gone in my book and I would say that if McCain had won.
Let's say it this way, both were there, both were at fault.

Aday: Barney Frank, Chris Dodd??? Don't be so blind. Barney was shown up the other day by a weakly looking Jewish kid and all Barney could do was try to push the issue away. How much about Barney do you really know? Ever meet him? I have.

Tea Party: So let me see if I understand you, you are against Americans feeling the current tax system is NOT all fine and dandy and how dare anyone refute it? Yet, how many are in the current admin have had tax issues?

And, tell us, since you have so much confidence, how much have either of you dropped in the market? If you are the types that don't put your money in the market nor watch the market and not just the Dow, NASDAQ, but look are the whole picture, you really should take a step back. This 100 days has been a lot worse the last "2" first 100 days on the market for us here.
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adaydreamApr. 15, 2009 - 02:18PM JST

skipthesong you've pounded the republican gong for years.

Hey, it's late BF, CD just din't make sense. I understand now.

I have absolutely no problem with voicing your opinion. That's one of out basic rights. It's just so funny how you republicans were so quiet during bush's waste and destruction. Didn't have the cajones to speak up then. But, no I have no problem with freedom of speach. Just the mockery.

I lost have of my 401 and other market investments. george bush's financial wizardry sunk my rainy day money funds. You can get off your little soapbox when it comes to investments VS losses. I'm vested. < :-)
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skipthesongApr. 15, 2009 - 02:34PM JST

skipthesong you've pounded the republican gong for years." I never voted republican; I would have for Guiliani, but I wasn't a NY resident at the time.
And, I probably won't vote for a Dem either. Neither gets my vote until the right person comes along and as a resident of Ill., I can tell you I wouldn't hve voted for Obama back in the day.... So, YOU ARE LYING! But, you are wrong at placing a blame solely on Bush and letting some of the main people responsible off the hook. Your 401k was lost on Bush's watch, but I am telling you it is not because of him. Besides, you should have known a long time ago that a 401k was never a really good investment to begin with and mind you, the 401k did not start with Bush. Too bad too, I've seen a lot of people run to those 401k's. Glad someone offered their advice to me back in the day...
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adaydreamApr. 15, 2009 - 03:00PM JST

401 is one of my investments. You misread.

I said:

I lost have of my 401 and other market investments. george bush's financial wizardry sunk my rainy day money funds.

misspelled have. s/h been half.

Yes, Bill Clinton signed the bill on his way out, but the republicans led by Phil Gramm, put together the bills that deregulated the markets.

So, no I'm not a liar. Phil Gramm, John McCain's financial voodoo doctor put together the deregulations that allowed the markets to play with my investments and loose them. Sure they will rebuild, but I'll never remake what I've lost.

After the last 8 years of mismanagement, Barack Obama's first 85 days have been great. Even if he's digging us out of bush's mess.

george bush could have been working on the financial disaster coming down the pike, but he was too busy staying the course in Iraq and hiding what went on during his presidency. < :-)
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skipthesongApr. 15, 2009 - 04:01PM JST

george bush could have been working on the financial disaster coming down the pike" No, he couldn't. In fact, he claimed to be hands off, but in reality he was pushed around to stay out of it.

I said you are lying when you said I was standing up for repubs, I am standing up to get the story straight.

Still, you should never have gotten involved in a 401k. One of the reason I quit the VA was they were basically forcing us to get one.

I'm telling you right now, you blind faith in the dem party is no different than the blind faith people have for the repubs and I believe its dangerous. Bush was bad claim does not make Obama better.
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skipthesongApr. 15, 2009 - 04:15PM JST

Oh, and aday: just for the record, I happen to like Obama, the guy himself. I am just not confident with the people on his staff and I have noticed quite a bit of teetering to increase poll numbers. I don't want politicians running the gov any more.

Also, I am a little disturbed that he has less Hispanics on his team than Bush did as well has allotted a lot less funds.
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adaydreamApr. 16, 2009 - 12:10AM JST

skipthesong you have been very vocal against Barack Obama. So when I read your post I associate you with your posts. I don't recall your being so vocal against george bush or did I just misread your support for bush as sarcasm.

Whether bush was pushed around or not, it was his presidency, not the pushers.

I'll be waiting for your accolades of support when Obama's policies and actions pull us out of recession. < :-)