34 warships sent from US for Obama visit (http://www.ndtv.com/article/india/34-warships-sent-from-us-for-obama-visit-64459)
My analytical skills are suggesting that if ythe host nation writes a check for this........it bounces.....and maybe the U.S as well?
mlmpetert
11-04-2010, 11:32 AM
This man literally thinks he's the most important man in the world at all times. :pffff:
Forbes - Barack Obama (http://www.forbes.com/profile/barack-obama)
Number 2 "most powerfull".
This is a complete waste of money.
Slingin Sammy 33
11-04-2010, 11:37 AM
this isn't lining up with the economic data that we're seeing and have seen over the past twelve months. This is the fastest post recession recovery we've seen in a generation or better. How we go from here back to a Depression is beyond me. The auto companies have returned to viability, TARP has been repaid with interest and at a profit to the taxpayer. You know that, right? You can't cut corners when you inherit such an economy as Obama did. You have to spend and cut taxes. You know he's done that too, right?Not sure what numbers you're looking at, but unemployment is almost 10%, housing is in the crapper, the Fed Reserve is printing another TRILLION, the Fed Gov't is spending like a drunken sailor just off a 6 month cruise, small businesses all over are getting crushed, and retailers are bracing for a horrible holiday season.
If the car companies are getting back to viability, it's because they're being forced to. And what did they do to become profitable....spend more....no, they cut costs and became more efficient. Why can't the Fed do that?
Big businesses are hoarding cash right now, they're not expanding or creating jobs due to the uncertainty of over-regulation and potential taxation from a D controlled Congress. Will this ease once the new Congress is seated and businesses see the Rs have enough power to stop the Obama-genda, that remains to be seen. If businesses start opening up knowing that we've got gridlock for at least two years, it should help the economy and Obama has a chance in 2012. If businesses still hold back, unemployment stays where it is, and the economy is still struggling.....it'll be another bloodbath for the Ds in 2012.
CRedskinsRule
11-04-2010, 11:38 AM
I don't see anything wrong with him and his wife making this trip. It's the 2998 other people who could have been pared down a bit. It must feel like being an Emperor at times, the way any president is treated nowadays. I imagine Obama will become quite the statesman once he leaves office (unless of course, we get rid of that pesky two term thing)
SmootSmack
11-04-2010, 11:45 AM
Was this such a big deal when W locked down the same Sheraton hotel in Delhi for his 3 day visit in 2006 (less than 6 months after the Oct. 2005 blasts there)?
mlmpetert
11-04-2010, 11:49 AM
My analytical skills are suggesting that if ythe host nation writes a check for this........it bounces.....and maybe the U.S as well?
Well we are currently printing 800 billion more dollars to increase our monitized debt to 2.5 trillion-ish. So that 200 million (or what ever it is) a day will actually be more like 160 million in today's dollar.
Ben Bernanke (who im usually in agreement with,and a overall fan of) said it best:
"The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost."
Bernanke Playbook Gives Hints on Fed's Next Moves: Mark Gilbert - Bloomberg (http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8R_nSQd9wKU)
Was this such a big deal when W locked down the same Sheraton hotel in Delhi for his 3 day visit in 2006 (less than 6 months after the Oct. 2005 blasts there)?
It is a big deal regardless of who is minding the purse strings....or should be.
GMScud
11-04-2010, 12:03 PM
Not sure what numbers you're looking at, but unemployment is almost 10%, housing is in the crapper, the Fed Reserve is printing another TRILLION, the Fed Gov't is spending like a drunken sailor just off a 6 month cruise, small businesses all over are getting crushed, and retailers are bracing for a horrible holiday season.
If the car companies are getting back to viability, it's because they're being forced to. And what did they do to become profitable....spend more....no, they cut costs and became more efficient. Why can't the Fed do that?
Big businesses are hoarding cash right now, they're not expanding or creating jobs due to the uncertainty of over-regulation and potential taxation from a D controlled Congress. Will this ease once the new Congress is seated and businesses see the Rs have enough power to stop the Obama-genda, that remains to be seen. If businesses start opening up knowing that we've got gridlock for at least two years, it should help the economy and Obama has a chance in 2012. If businesses still hold back, unemployment stays where it is, and the economy is still struggling.....it'll be another bloodbath for the Ds in 2012.
This.
SmootSmack
11-04-2010, 12:19 PM
It is a big deal regardless of who is minding the purse strings....or should be.
Maybe I should have phrased it differently...would certain people have made such a big deal if...
firstdown
11-04-2010, 12:39 PM
Was this such a big deal when W locked down the same Sheraton hotel in Delhi for his 3 day visit in 2006 (less than 6 months after the Oct. 2005 blasts there)?
I would feel the same way no matter who is in office at the time. I do not recall the trip Bush took so I'm guessing it must not have been close to 200 million per day. The problem is Obama says he knows how bad people are hurting but they have a history of these expensive outings. This one more so on the tax payers.