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#1

Can Obama Save us?

02-04-2009, 11:54 PM

How Today's Global Financial Crisis Happened, and What to Do about It? Can President Obama really save us all?

In this hard situation it is particularly worrying that the world especially US and EU trade negotiations have not been brought to a successful conclusion...

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#2

02-05-2009, 01:08 AM

Hm i guess he is not the guy who will save us.Yesterday he was on tv and he speak about his big mistake with that wrong criminal guy in his administration.
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#3

02-05-2009, 01:20 AM

Well, the crisis is killing jobs in all corners of the economy including porn and gambling. ...

The question is what can we do, each one of us ?
Our economy is badly weakened, but I don't understand how by cut the incom taxes will create more jobs and strengthen the economy??

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#4

02-05-2009, 01:27 AM

The crisis is all by design as alternative researchers have been warning about for years.

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#5

02-05-2009, 01:27 AM

So Judy what we can do about that ?
First of all sales are drop but still not that dramatic, so we need some more work and some kind of memebership model that will increase surfers who will decide to pay for that.We can`t stay with this prizes now drop a little bit and wait for some more surfers to visit our sites.
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#6

02-05-2009, 01:36 AM

So Kandah, you mean that sceience Can help to solve the economic crises??

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02-05-2009, 01:40 AM

Originally posted by voa

. So Judy what we can do about that ?
First of all sales are drop but still not that dramatic, so we need some more work and some kind of memebership model that will increase surfers who will decide to pay for that.We can`t stay with this prizes now drop a little bit and wait for some more surfers to visit our sites.
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So what you are trying to say is to stay ahead in adult business each one of us needs to Targeted Traffic that will bring the right prospects and profit to the Website. . . ?!

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#8

02-05-2009, 01:40 AM

everything was ok 8 years ago uh bush 1 term shit and 2nd term more shit

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#9

02-05-2009, 01:45 AM

Originally posted by Judy_eroads

So what you are trying to say is to stay ahead in adult business each one of us needs to Targeted Traffic that will bring the right prospects and profit to the Website. . . ?!

Of course now we don`t need some traffic leak.Because resources are limited now we should concentrate on those type of traffic that will bring us more income and more visitors, its not a time for some experiments now.And definitely we need much better and clever marketing.
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#10

02-05-2009, 01:47 AM

Originally posted by brassmonkey

everything was ok 8 years ago uh bush 1 term shit and 2nd term more shit

I remember those days

Well Bush by undermining the Americans needs in order to accomplish his own lofty goals regarding how the world should be... managed to ruine everything !

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#11

02-05-2009, 01:51 AM

Everything started to go to shit around July when the price of gas went through the roof. Consumers stopped spending. Almost everything in life is dependent on oil in some way.

Naturally, Bush did nothing since he has financial interests in oil.
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#12

02-05-2009, 02:14 AM

Originally posted by SuzzyQ

Everything started to go to shit around July when the price of gas went through the roof. Consumers stopped spending. Almost everything in life is dependent on oil in some way.

Naturally, Bush did nothing since he has financial interests in oil.

Well Iraq War has contributed to the crisis in a way if you think about it oil production was interrupted and has not climbed back to prewar levels. . .
Americans military operations in Iraq use great quantities of oil, costing more and more money for which America gain no useful economic output.

But for us in Adult business , To be able to stay ahead of the game and make smart decisions during next couple of months we need to work on our business development and to work with good advertising methods.

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#13

02-05-2009, 02:19 AM

Obama will save the whole world!
Don't worry

I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#14

02-05-2009, 02:34 AM

Originally posted by 12clicks

Obama will save the whole world!
Don't worry

or a good traffic deal !! Lol

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#15

02-05-2009, 02:45 AM

I am following this crisis pretty close. It's looking more and more like we are completely fucked. All I can offer as advice is pay off your debt if you can. If you have a house you can now barely afford dump it. If it's hard to make the payments now it will be impossible in the not-so-distant future. If you decide this is the route to go save, as cash, the money you would have paid to for your mortgage. You may be able to save up 10 months of rent before getting foreclosed on. Do not touch this money. Use it only for emergencies.

Also, trim your monthly expenses, cut out vacations and stop spending your "free" time watching TV when you need to be finding other ways to make money.

Are things really so bad? Yes, they are worse than people think. I had a bit of hope that Obama may be able to fix things, but I do not now. Seems he is prepared to make a massive grap in federal powers. So far 6 states have started legislation reaffirming their sovereignty and reminding the federal government that they have LIMITED powers over the state as per the constitution.

Last of all keep a stash of cash at home. As much as you can.

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#16

02-05-2009, 02:57 AM

Originally posted by Ethersync

are worse than people think. I had a bit of hope that Obama may be able to fix things, but I do not now. .

I agree with you that the situation is way worse than people think and people will start to revocer the economy only in 2 years from now on.

But I have to say that our company Ero-Advertising has grown in the last months despite economy crisis

I guess in order to stay ahead you need to be creative and stay at the center stage while conducting good business with partners and clients.

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#17

02-05-2009, 03:34 AM

Well keeping fingers crossed on Obama.

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#18

02-05-2009, 04:02 AM

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#19

02-05-2009, 04:12 AM

My republican friend says this is a made up recession. A way for the left to push their radical socialist agenda.

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#20

02-05-2009, 04:16 AM

Originally posted by TheSenator

My republican friend says this is a made up recession. A way for the left to push their radical socialist agenda.

He thinks none of this would be happening if McCain was elected?

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#21

02-05-2009, 04:16 AM

Originally posted by Judy_eroads

Well Iraq War has contributed to the crisis in a way if you think about it oil production was interrupted and has not climbed back to prewar levels. . .
Americans military operations in Iraq use great quantities of oil, costing more and more money for which America gain no useful economic output.

But for us in Adult business , To be able to stay ahead of the game and make smart decisions during next couple of months we need to work on our business development and to work with good advertising methods.

The Iraq War is one of the few things pumping TRILLIONS into the Us Economy right now.

The clothes, the weapons, the gas, the diesel, the machines, the computers, the food, everything that those guys are using is from US companies. Those companies employ more people now than they have in the past 20 years.

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#22

02-05-2009, 04:21 AM

he's not going to save shit... he has good intentions, but with the way politics works, it just isn't possible. time will tell just how much he can overcome to 'change' things.

i think first someone has to figure out WTF went wrong though, eh?

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#23

02-05-2009, 04:24 AM

Originally posted by TheSenator

My republican friend says this is a made up recession. A way for the left to push their radical socialist agenda.

So it's all made up then? Phew, good to know.

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#24

02-05-2009, 04:24 AM

Even if Jesus came down to Earth, he wouldn't be able to save us.

The only thing that can save us is more tax cuts for the wealthy.

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#25

02-05-2009, 04:25 AM

Originally posted by pornguy

The Iraq War is one of the few things pumping TRILLIONS into the Us Economy right now.

It's pumping trillons into the economy? How much is it costing?

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#26

02-05-2009, 04:28 AM

Originally posted by pornguy

The Iraq War is one of the few things pumping TRILLIONS into the Us Economy right now.

The clothes, the weapons, the gas, the diesel, the machines, the computers, the food, everything that those guys are using is from US companies. Those companies employ more people now than they have in the past 20 years.

I think that one thing is certain about the Iraq war, It has cost a lot more than advertised!

" There is no longer any doubt that the Iraq War is a moral and strategic disaster for the United States. But what has not yet been fully recognized is that it has also been an economic disaster. To date, the government has spent more than $522 billion on the war, with another $70 billion already allocated for 2008. " http://www.alternet.org/waroniraq/79988/

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#27

02-05-2009, 04:31 AM

Originally posted by TheSenator

Even if Jesus came down to Earth, he wouldn't be able to save us.

The only thing that can save us is more tax cuts for the wealthy.

Hmmm I don't think that income tax cuts would necessarily bring the immediate stimulus to the economy.. I can not understand how tax cuts will create new jobs?

But for sure it will b nice to pay less taxes

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#28

02-05-2009, 05:24 AM

Originally posted by TheSenator

The only thing that can save us is more tax cuts for the wealthy.

or bigger handouts for the rabble.

I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#29

02-05-2009, 06:44 AM

Originally posted by Judy_eroads

Hmmm I don't think that income tax cuts would necessarily bring the immediate stimulus to the economy.. I can not understand how tax cuts will create new jobs?

But for sure it will b nice to pay less taxes

Tax cuts provide incentives for those receiving them to spend that money rather than give it to the government, thus creating a job by either supporting a merchant or by using it to create a job for someone else on your own.

You have to understand the tax structure to know how giving tax cuts to the wealthy could do this.

Not everyone pays the same rate in taxes (obviously). The highest earners are taxed at the highest rate (something I disagree with entirely). By reducing the tax burden on the highest earners, you are assuming that they have enough funds to do what they want personally and they in turn will use that money to attempt to make more money by employing someone else or expanding their business in some way (which requires additional manpower).

Simple concept, but still an assumption nonetheless. No different than assuming that cutting taxes on the lower and middle earners will stimulate the economy. In reality it may happen and may not. It's mostly about garnering votes and nothing more.

Yes it is nice to pay less taxes. Wish it would happen one of these days.

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#30

02-05-2009, 07:03 AM

Obama can make it less painful, but it´s gonna be deep crisis anyway. The process took long time until everything got fucked, so now we need long time to get recovered from this shit..

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#31

02-05-2009, 07:06 AM

Originally posted by 12clicks

or bigger handouts for the rabble.

I'm not sure that will help! ! The strong economies can help themselves. The others will have Problems!!!

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#32

02-05-2009, 07:26 AM

Originally posted by Judy_eroads

Well Iraq War has contributed to the crisis in a way if you think about it oil production was interrupted and has not climbed back to prewar levels. . .
Americans military operations in Iraq use great quantities of oil, costing more and more money for which America gain no useful economic output.

But for us in Adult business , To be able to stay ahead of the game and make smart decisions during next couple of months we need to work on our business development and to work with good advertising methods.

And that affected the United States how? The biggest exporter of oil to the US is Canada, not Iraq.

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#33

02-05-2009, 07:27 AM

Can Obama save us? Sure. So could any well trained monkey.

It can't get much worse, and the only thing that is going to fix this is time.

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#34

02-05-2009, 07:42 AM

Originally posted by Rochard

Can Obama save us? Sure. So could any well trained monkey.

It can't get much worse, and the only thing that is going to fix this is time.

Maybe, time can make te problem worse or better...

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#35

02-05-2009, 07:54 AM

no sorry
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#36

02-05-2009, 08:19 AM

Originally posted by Ethersync

I am following this crisis pretty close. It's looking more and more like we are completely fucked. All I can offer as advice is pay off your debt if you can. If you have a house you can now barely afford dump it. If it's hard to make the payments now it will be impossible in the not-so-distant future. If you decide this is the route to go save, as cash, the money you would have paid to for your mortgage. You may be able to save up 10 months of rent before getting foreclosed on. Do not touch this money. Use it only for emergencies.

Also, trim your monthly expenses, cut out vacations and stop spending your "free" time watching TV when you need to be finding other ways to make money.

Are things really so bad? Yes, they are worse than people think. I had a bit of hope that Obama may be able to fix things, but I do not now. Seems he is prepared to make a massive grap in federal powers. So far 6 states have started legislation reaffirming their sovereignty and reminding the federal government that they have LIMITED powers over the state as per the constitution.

Last of all keep a stash of cash at home. As much as you can.

Cash at home is not such a good idea for various reasons:
-people can steal your money
-it's not insured / guaranteed there
-if all people would do that; all banks worldwide would fall at the same day since banks loan out 10$ for every 1$ they have in your savings (in most countries that is)

But I agree on the fact that domino blocks are still falling and we have not seen the end of this crisis. People that lose a job, spend less >>> less spending means shops going out of bizz and the whole circus starts again there when they get unemployed.

This is by far the most complicated problem the world ever experienced and I don't think there is ONE (quick) way to solve it. Only if all people in the world and all governments would work together in this it just might have a chance after all "money leaks and fraude at financial institutions" have been eliminated so stuff can be rebuild by the truly honest.

Now everybody is trying to avoid ending up with worthless subprimes and ponzi's. Maybe if the world would just share the entire losses, we could reboot this shit and get rid of the blue screen.

Maybe the maya's were right (I actually read the books...it speaks about all lies and greed have to die to be replaced by honest true civilisations...not so much about real natural disasters...so if 2012 is within 4 years...coincidence??).
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#37

02-05-2009, 08:55 AM

Just like Bush, your new god has no power. If you think he has any influence and control then you are sadly mistaken. The US has been under the control of other powers for a long time ... this change of 'leadership' isn't going to do anything.

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#38

02-05-2009, 09:18 AM

Obama has a good a chance as anyone
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#39

02-05-2009, 09:18 AM

Just like Bush, your new god has no power. If you think he has any influence and control then you are sadly mistaken. The US has been under the control of other powers for a long time ... this change of 'leadership' isn't going to do anything.

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#40

02-05-2009, 09:21 AM

He can not save us from what's been a carefully orchestrated event thats been in development for several decades.
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#41

02-05-2009, 09:32 AM

Big spending Democrats got us into this mess (OK, plus a few big spending Republicans).

So, how is another big spending Democrat going to get us out of it? He isn't. He will make it worse.

His "change" slogan was a gigantic con.

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#42

02-05-2009, 09:34 AM

Originally posted by DaddyHalbucks

Big spending Democrats got us into this mess (OK, plus a few big spending Republicans).

So, how is another big spending Democrat going to get us out of it? He isn't. He will make it worse.

His "change" slogan was a gigantic con.
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#43

02-05-2009, 09:35 AM

Originally posted by DaddyHalbucks

Big spending Democrats got us into this mess (OK, plus a few big spending Republicans).

So, how is another big spending Democrat going to get us out of it? He isn't. He will make it worse.

His "change" slogan was a gigantic con.

The damn Democrats caused this mess when Carter got to office. We need more tax cuts for the wealthy so they can trickle it down.

we're fucked

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#44

02-05-2009, 09:39 AM

Originally posted by notime

Maybe the maya's were right (I actually read the books...it speaks about all lies and greed have to die to be replaced by honest true civilisations...not so much about real natural disasters...so if 2012 is within 4 years...coincidence??).

I couldn't agree more with you!
There is no coincidence in the world
Think about it, does quantum physics warrant a change in our perception???
Face it people , we are creating our own reality!!

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#45

02-05-2009, 10:12 AM

Ok lets talk about the ways for going out of this crises and do you know how long will be this crises.I guess 5-6 years more
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#46

02-05-2009, 12:17 PM

Originally posted by notime

Cash at home is not such a good idea for various reasons:
-people can steal your money
-it's not insured / guaranteed there
-if all people would do that; all banks worldwide would fall at the same day since banks loan out 10$ for every 1$ they have in your savings (in most countries that is)

I am not suggesting people empty their bank accounts, but Americans will need to keep some cash at home because there currently is a run on the dollar. This is illustrated by the M1 numbers released by the Federal Reserve. If this continues then getting cash in your hands will become increasingly difficult. Sure you will have digits in a bank account, but there is a relatively finite amount of actual physical bills in circulation compared digital number of dollars in the world.

As far as people stealing your money goes I think the risk is relatively small...

And 10:1 leverage ratios seem quaint today since most banks, especially European banks, are leveraged up to around 30:1 and some even 50:1.

Originally posted by notime

But I agree on the fact that domino blocks are still falling and we have not seen the end of this crisis. People that lose a job, spend less >>> less spending means shops going out of bizz and the whole circus starts again there when they get unemployed.

This is by far the most complicated problem the world ever experienced and I don't think there is ONE (quick) way to solve it. Only if all people in the world and all governments would work together in this it just might have a chance after all "money leaks and fraude at financial institutions" have been eliminated so stuff can be rebuild by the truly honest.

Now everybody is trying to avoid ending up with worthless subprimes and ponzi's. Maybe if the world would just share the entire losses, we could reboot this shit and get rid of the blue screen.

Maybe the maya's were right (I actually read the books...it speaks about all lies and greed have to die to be replaced by honest true civilisations...not so much about real natural disasters...so if 2012 is within 4 years...coincidence??).

The solution is simple, but it is suicide politically in a (modern) democracy.

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#47

02-05-2009, 12:44 PM

Simple answer is no. Governments don't want to fix the financial problems because it gives them more power. Obama's real history is being uncovered more and more every day. He's a part of the whole gang of nerd thugs running our government right now. Despite what he says he's been a part of this "establishment" since at least just after college but more than likely during college. His first job was with Business International Corporation which is a know CIA front. But even during college he had some very shady characters as "mentors." Him and his buddy Rahm Emanuel (one of the original sponsors of the first bailout plan) were the driving force behind getting it done. Geitner was the one who doled out that bailout via the NY Fed that no one seems to know where it went. Prior to that he was with the IMF and during Clinton's years he lobbied for the deregulation of derivatives. I could go on and on. It's all the same people they just moved the pieces of the puzzle around.

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#48

02-05-2009, 12:50 PM

Originally posted by Ethersync

And 10:1 leverage ratios seem quaint today since most banks, especially European banks, are leveraged up to around 30:1 and some even 50:1.

>>>here is one of the foundations why the crisis started IMO

The solution is simple, but it is suicide politically in a (modern) democracy.

>>>What would this be exactly ?
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#49

02-05-2009, 12:54 PM

Originally posted by onwebcam

Simple answer is no. Governments don't want to fix the financial problems because it gives them more power. Obama's real history is being uncovered more and more every day. He's a part of the whole gang of nerd thugs running our government right now. Despite what he says he's been a part of this "establishment" since at least just after college but more than likely during college. His first job was with Business International Corporation which is a know CIA front. But even during college he had some very shady characters as "mentors." Him and his buddy Rahm Emanuel (one of the original sponsors of the first bailout plan) were the driving force behind getting it done. Geitner was the one who doled out that bailout via the NY Fed that no one seems to know where it went. Prior to that he was with the IMF and during Clinton's years he lobbied for the deregulation of derivatives. I could go on and on. It's all the same people they just moved the pieces of the puzzle around.

I see you respond to mostly politcal threads. How do you see a solution of the worlds crisis solved the best way?
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Ethersync

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02-05-2009, 01:46 PM

Originally posted by notime

>>>What would this be exactly ?

Stop bailouts. Let the banks fail. Let people lose their homes. Flush the malinvestment back out of the system so things can get back to normal. It will be hell for a lot of people for around 2 years or so. Maybe less. Will people be able to get jobs? Sure, but probably not the kind of jobs they want. Then after 18 to 24 months things will pick up again and the country will be healthy again. The current route is just going to lead to 10 years of hell.

I wrote exactly what I would do in another thread a few days ago.

Originally posted by Ethersync

Off the top of my head...

Stop bailouts and let these banks fail.

Setup 10 new national banks. Fund them with money earmarked for bailouts. Clean balance sheets and ready and able to lend. IPO them and put them on a path to being private entities.

Issue and alternative gold backed currency that the Federal Reserve does not control.

Legalize hemp production.

Immediately stop corn farming subsidies. (Good bye HFCS)

Immediately end import tariffs on sugar. (Good bye HFCS)

Pardon non-violent drug offenders.

Castrate the DEA.

Start a plan to shut down a huge number of the military bases we have around the world. This would have to be handled with care though because of the current economy and bringing home soldiers will mean they will need jobs and timing is tough for that.

Sign an executive order that requires all members of the house and senate to completely read and understand legislation they are signing. They must declare this under oath.

Ban naked CDS contracts and force the creation of an exchange traded CDS market (transparency).

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