Monday, January 28, 2008
Wednesday, January 23, 2008
Wednesday, January 16, 2008
Economics Blog : Summers Testimony on Fiscal Stimulus
Economics Blog : Summers Testimony on Fiscal Stimulus
My comments:
I wish that all the presidential candidates read this interview from an Economist with a successful track record (it was not Bill Clinton but the Rubin, Summers and Greenspan) who turned around the economy in the 90's. Bill gets credit for bringing Democrats and Republicans together. The current candidates from both parties go into populist rhetoric and generalities -- clearly showing their lack of understanding of the Economy. It is clear that a targeted stimulus package is required now! I find it interesting that Summers is skeptical of the 2001 stimulus package. Either way, here is a chance for Republicans and Democrats in Congress to redeem themselves and agree to a stimulus package now. I am glad that finally someone provides specifics on the "what and the how" to stimulate the economy. Let's hope someone listens and acts!!
My comments:
I wish that all the presidential candidates read this interview from an Economist with a successful track record (it was not Bill Clinton but the Rubin, Summers and Greenspan) who turned around the economy in the 90's. Bill gets credit for bringing Democrats and Republicans together. The current candidates from both parties go into populist rhetoric and generalities -- clearly showing their lack of understanding of the Economy. It is clear that a targeted stimulus package is required now! I find it interesting that Summers is skeptical of the 2001 stimulus package. Either way, here is a chance for Republicans and Democrats in Congress to redeem themselves and agree to a stimulus package now. I am glad that finally someone provides specifics on the "what and the how" to stimulate the economy. Let's hope someone listens and acts!!
Thank you letter from Obama
Subject: That was fast
From: Barack Obama (info@barackobama.com)
Sent: Wed 1/16/08 12:10 PM
Reply-to:
info@barackobama.com
To: Carlos Erban (carlos.erban@hotmail.com)
Carlos --
I'm writing to you this morning from Las Vegas.
After the New Hampshire primary last week, we set a goal of 100,000 online donors in 2008 -- a goal we hoped to reach before the Nevada caucuses on Saturday.
Last night we got there five days early.
Think about that: 100,000 donors in 15 days.
That response has boosted our entire organization and proven that this movement for change is just getting started.
In town halls and rallies across Nevada, I can feel that momentum. And it's clear that more than 100,000 people are feeling it all across the country.
Your support this year has been amazing, and I can't thank you enough.
But there are hundreds of thousands of supporters who have not given this year, and we need their support to build an operation that can compete in all fifty states.
So we are setting our sights even higher: 125,000 donors by the Nevada caucuses this Saturday, January 19th.
Inspire another supporter to give for the first time in 2008 -- or the first time ever -- by promising to match their donation.
Keep our momentum going. Make an additional donation of $50 today and double your impact:
https://donate.barackobama.com/promise
Because of you, this campaign is closer and more competitive than anyone imagined.
And with your support we'll head into Nevada 125,000 strong on Saturday.
Thanks,
Barack
P.S. -- Last night's debate ended with an unusual question. A Nevada voter sent an email asking each of the candidates when we decided to run for president. Here was my answer:
https://donate.barackobama.com/NVdebate
From: Barack Obama (info@barackobama.com)
Sent: Wed 1/16/08 12:10 PM
Reply-to:
info@barackobama.com
To: Carlos Erban (carlos.erban@hotmail.com)
Carlos --
I'm writing to you this morning from Las Vegas.
After the New Hampshire primary last week, we set a goal of 100,000 online donors in 2008 -- a goal we hoped to reach before the Nevada caucuses on Saturday.
Last night we got there five days early.
Think about that: 100,000 donors in 15 days.
That response has boosted our entire organization and proven that this movement for change is just getting started.
In town halls and rallies across Nevada, I can feel that momentum. And it's clear that more than 100,000 people are feeling it all across the country.
Your support this year has been amazing, and I can't thank you enough.
But there are hundreds of thousands of supporters who have not given this year, and we need their support to build an operation that can compete in all fifty states.
So we are setting our sights even higher: 125,000 donors by the Nevada caucuses this Saturday, January 19th.
Inspire another supporter to give for the first time in 2008 -- or the first time ever -- by promising to match their donation.
Keep our momentum going. Make an additional donation of $50 today and double your impact:
https://donate.barackobama.com/promise
Because of you, this campaign is closer and more competitive than anyone imagined.
And with your support we'll head into Nevada 125,000 strong on Saturday.
Thanks,
Barack
P.S. -- Last night's debate ended with an unusual question. A Nevada voter sent an email asking each of the candidates when we decided to run for president. Here was my answer:
https://donate.barackobama.com/NVdebate
Washington Wire - WSJ.com : Who Won the Democratic Debate?
Washington Wire - WSJ.com : Who Won the Democratic Debate?
I support Obama because in my opinion he is the Kennedy of our generation. He is a leader. He paints a vision of the future and inspires others to do better. I watch all the debates Republican and Democrats. I can’t wait to see them against each other, especially on the war of Irak. However, I think this election will be about “the enonomy stupid”. I have not heard one compelling argument from any candidate yet on how to improve our economy. I give the edge to Romney here, however, the populist view may prevail. The good news is that the President has little effect on monetary policy. Everyone is for tax breaks now but I don’t see more than a symbolic break. Republicans talk about cutting expenditures without any specifics, while having a troops surge, while Democrats talk about universal health care. That’s all good. Who is going to pay for it?
Comment by Carlos Erban - January 16, 2008 at 9:22 am
Carlos Erban,Obama is Kennedy? After graduating from Harvard Kennedy joined Navy and nearly died when Japanese sank his boat. What did Obama do after graduating from Harvard? Started building a fortune, living in a multi-million dollar home, and prepared to run for political offices. The only candidate who comes close to Kennedy is McCain.
Comment by AL - January 16, 2008 at 9:29 am
I agree that you cannot compare Obama to JFK on military experience, but has not been a draft since Vietnam. My father was a war hero, but Obama is from a new generation — my generation. He was 5 years old during Vietnam. By the way, JFK(my hero) was born with a silver spoon. Obama had nothing went on to Columbia and then became the first African American to be Editor of Harvard Law Review. I think Obama is the JFK of our generation because he is the only one that inspires others to do better. He talks about uniting people. I truly he believe that he would surround himself with the best people from all sides of the issues. That’s what we need in this country. Washington is so divided that they cannot get anything done.
Comment by Carlos Erban - January 16, 2008 at 9:48 am
I support Obama because in my opinion he is the Kennedy of our generation. He is a leader. He paints a vision of the future and inspires others to do better. I watch all the debates Republican and Democrats. I can’t wait to see them against each other, especially on the war of Irak. However, I think this election will be about “the enonomy stupid”. I have not heard one compelling argument from any candidate yet on how to improve our economy. I give the edge to Romney here, however, the populist view may prevail. The good news is that the President has little effect on monetary policy. Everyone is for tax breaks now but I don’t see more than a symbolic break. Republicans talk about cutting expenditures without any specifics, while having a troops surge, while Democrats talk about universal health care. That’s all good. Who is going to pay for it?
Comment by Carlos Erban - January 16, 2008 at 9:22 am
Carlos Erban,Obama is Kennedy? After graduating from Harvard Kennedy joined Navy and nearly died when Japanese sank his boat. What did Obama do after graduating from Harvard? Started building a fortune, living in a multi-million dollar home, and prepared to run for political offices. The only candidate who comes close to Kennedy is McCain.
Comment by AL - January 16, 2008 at 9:29 am
I agree that you cannot compare Obama to JFK on military experience, but has not been a draft since Vietnam. My father was a war hero, but Obama is from a new generation — my generation. He was 5 years old during Vietnam. By the way, JFK(my hero) was born with a silver spoon. Obama had nothing went on to Columbia and then became the first African American to be Editor of Harvard Law Review. I think Obama is the JFK of our generation because he is the only one that inspires others to do better. He talks about uniting people. I truly he believe that he would surround himself with the best people from all sides of the issues. That’s what we need in this country. Washington is so divided that they cannot get anything done.
Comment by Carlos Erban - January 16, 2008 at 9:48 am
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