Obama Addresses Job Creation For Election Year (Video) and GOP ect..

Obama Addresses Job Creation For Election Year

“President Barack Obama’s “billion-dollar war chest”"

 

We are proud of it.

Still things seem to be going all right, toward reasonable directions. And there is an “INTRIGUING,“ “HILLARIOUS“  title of  Yahoo news.:

 

“The evangelical dilemma in South Carolina: adulterer or Mormon?” 

 

“For South Carolina conservatives, especially evangelical Christians, the 2012 campaign season is the year of magical rethinking. Look at the frontrunners:

If you want a president with a legacy of marital fidelity, you’re going to have to work around Newt Gingrich’s adultery.

If you believe that Mormons don’t really qualify as Christian, you may find yourself struggling with Mitt Romney.“

 

“almost-dead.bz.cm” you are none of my concern. you are too stupid, trivial, meaningless, filthy, same with your Russian whore and her stupid husband. YOU THINK I”M ALMOST DEAD?; your life has been useless, full of dirts with your dirty heart/eyes, even messing up churches with your filthy, dirty eyes. The LORD will deal with you, what you have done. not me. Despite all cruel/brutal things you’ve done to make me disappear, why do you think i’m still here?

“In your righteousness, bring me out of trouble. In your unfailing love, silence my enemies; destroy all my foes, for I am your servant.” “The LORD has rewarded me according to my righteousness, according to the cleanness of my hands in his sight. To the faithful you show yourself faithful, to the blameless you show yourself blameless, to the pure you show yourself pure, but to the crooked you show yourself shred. You saved the humble but bring low those whose eyes are haughty. You, O LORD, keep my lamp burning; my God turns my darkness into light…..You broaden the path beneath me, so that my ankles do not turn. I pursued my enemies and overtook them; I did not turn back till they were destroyed. I crushed them so that they could not rise; they fell beneath my feet. You armed me with strength for battle; you made my adversaries bow at my feet. You made my enemies turn their backs in flight, and I destroyed my foes. They cried for help, but there was no one to save them – to the LORD, but he did not answer. I beat them as fine as dust borne on the wind…“ “Forgetting what is behind and straining toward what is ahead, I press on toward the goal to win the prize for which God has called me heavenward in Christ Jesus.”;  Psalms 18″ Thank G-.

Robert Kuttner: Fiscal Folly

Dear Mr. JXJASON,

I believe we wish for the same thing, something good for the country. It’s just different wording.

Based on the solid understanding on the current situation, finding out the best strategies to get back to the healthy economy, that’s what we wish for, right?

We wish to set up the right policies that don’t allow the financial sector to drain this country’s resources, which should be used for building healthy industrial/manufacturing structure, healthy middle/low-income classes, and productive infrastructure, into feeding the top financiers’ fancy lifestyles. Fattening one (or a few) sector’s welfare while the rest of other sectors going anelexic doesn’t seem to be the profile of a healthy country. I am not saying we should suppress the financial sector unconditionally. Balance, fairness for all seem to be the key here.

In Response To:

JXJASON‘s Comment to Mikyung Lim

Mikyung Lim, I disagree with you The past can be undone. You just repeal the law that deregulated the financial industry. You cannot restore prosperity when the wealthy have stolen ( legally mind you) from the less wealthy.

If you Google – Phil Davis Seekingalpha – and read some of Phil’s articles you will learn how the financial industry has conned the average, middle class citizen.

Forbes publishes a list of the 400 richest people in the world. None of them live in 1,200 square foot homes, in middle class towns like, say Scranton, PA or Detroit, Michigan or thousands of other, poor communities in the US.

Finally, your analogy is nonsense. If one is sick, and broke, you cannot borrow more money. If someone doesn’t pay for your medical bills you will get sicker and, eventually die.

I am well educated with two degrees from two, Canadian Universities. Recently, the CEO from TD bank, explained why Canada did not have the same economic crisis as the US.

Read the Article at HuffingtonPost

Finally, the White House is Determined to Break Down the Monopoly Power of “Too Big to Fail” Banks.

Finally, the White House decided to break down the “Too Big to Fail” banks in ways below.

“(1) separating the functions of investment banking from commercial banking (basically, resurrecting the Depression-era Glass-Steagall Act) so investment banks can’t gamble with insured commercial deposits, and

(2) giving regulatory authorities power to limit the size of big banks so they don’t become “too big to fail,” as antitrust laws do with every other capitalist entity”

Source: http://www.huffingtonpost.com/robert-reich/why-obama-is-finally-taki_b_432841.html

I am glad that the White House changed, toughened its stance toward “Too Big To Fail” banks. Otherwise, it could have made serious damage on President’s standing on public view. I don’t think we can find anyone better than Mr. Obama who can exert strong enough influence to fix the chronicle problems that this country faces.

Skipping economics-wise and purely focusing on politics-wise, I bet it’s a tough balancing act for President between maintaining public trust, which was the original source of his power, and not eliminating potential, big financial sources of future campaign from big corporate hands. Losing original, tested, support base and relying on unknown, untested future support base seems to be too big experiment. I wish him to wisely wither the tough political water and stay in right courses to maintain public trust on him.

It is disappointing to read Dr. Reich’s statement below. Is it true that there are few chances to move Congress forward? Why does Senator Chris Dodd want to compromise with Wall Street on various issues before dropping out of politics? Is he planning to become another “SHADOW ELLITE” to earn “MILLION BUCKS”???

“The Senate is in disarray since Chris Dodd, chair of the Banking Committee, announced recently he wouldn’t seek reelection, and is poised to compromise with Wall Street on a number of big issues. Neither chamber has shown any interest whatsoever in resurrecting Glass-Steagall or limiting the size and risk of big banks. In other words, much of the game is over.”

“Is Your Opinion on President Obama Fair-grounded or Too Judgemental?”

I read a blog post which basically criticizes President Obama in a simplest way. Oh, zeeeeee, that kind of simplistic approach, criticism (I have to tell you) makes me feel really itch all around. So, I ended up disputing that person’s criticism. The link to this person’s blog is:

Marianne Williamson, “Where Does A Democrat Go From Here?,” http://www.huffingtonpost.com/marianne-williamson/where-does-a-democrat-go_b_408557.html

My dispute is as below.

“You sound too much like “black” and “white”, “apples” and “bananas.” You don’t seem to grasp the complexity of problems the current administration has been facing. To me, this kind of lack of understanding by public has been one of major social problems that this country has suffered through. There have been many players that have done push-pull games of politics to paint current political climate: special interests, not completely reliable media, relatively uninformed/inconsistent pubic, and the administration/congress. Up to now, the dominant player over the last decades has been industrial special interests that have controlled media, public, and the government in their favor via various methods of financial resources and media manipulation. You just criticize why the administration is not functioning well while completely ignoring other players’ roles on this picture. It doesn’t sound fair to me. More of these perspectives can be found in below blog posts.

“A Nation of “Two Heads”: The Government vs. The Multi-Headed Medusa of Powerful Industries”
http://mikyunglim.wordpress.com/2009/12/14/a-nation-of-%e2%80%9ctwo-heads%e2%80%9d-the-government-vs-the-multi-headed-medusa-of-powerful-industries/

“Current Recession: Isn’t It Rather the Problem of Malfunctioning Public than Incompetent Leader(s)?”
http://mikyunglim.wordpress.com/2010/01/05/current-recession-isn%e2%80%99t-it-rather-the-problem-of-malfunctioning-public-than-incompetent-leaders/

“US Job Situation: No Magic Bullet to Solve It.”
http://mikyunglim.wordpress.com/2009/12/16/us-job-situation-no-magic-bullet-to-solve-it/

“Will China’s Revaluation of Currency Boost US Manufacturing and Jobs?”

“Oh, Dr. Reich !,

(regarding the impact of China’s revaluation of currency) So, is China revaluing it’s currency? Will it help US economic situation or hurt it at this point? Usually increasing the value of originally undervalued Chinese currency and making it more expensive should make China’s exports to US more expensive, decrease US imports from China, decrease US export prices to China, and increase US exports to China, right? So, will the revaluation of Chinese currency help both US export and import situation with China and, therefore, US manufacturing and “JOOOOOOB” situation? (since school, figuring out this kind of stuff is getting somewhat confusing…) I heard that even during this serious recession and (near) bankruptcies of US auto makers, still US cars have been hot items in Chinese market and “Very Profitable”!”, very exciting !

Dr. Robert Reich’s blog, “What’s Ahead for the Economy and Politics in 2010”, http://www.huffingtonpost.com/robert-reich/whats-ahead-for-the-econo_b_411640.html

Another Example of Special Interest Politics: Dr. Peter Dreier’s “Waffling Democrats’ Health Care Hypocrisy”.

As we are waiting for the final bloody battle of health care reform, the final stage of compromising between the “House” and senate bills, I wish you (if you hadn’t read it yet) to read Professor Dreier’s blog “Waffling Democrats’ Health Care Hypocrisy.” Dr. Dreier educates us on how “Bribed” Senators Joe Lieberman, Max Baucus, Ben Nelson, Mary Landrieu, Blanche Lincoln and Kent Conrad discriminate the US public against military service men and veterans. These senators supported to provide “Public Plan” to military service men and veterans in the name of Veterans Administration (VA), but fight hard against providing the same “Public Plan” to us “the Public”? Why, on earth, do they have this right of discriminating the US population based on whether they are in military uniform or not?

Apparently, the existing “Public Plan”, the VA, has proved to become the most efficient, best functioning “Public Plan” over any other options in US history. If this had been the case, why these Senators keep denying, attacking the “Public Plan”? Taking “Ethics/Moral” Classes and Tests should be the prerequisites to become US senator. I wish, President Obama recovers well from his extreme tiredness of first year of presidency in Hawaii and gets into his best shape to get ready for the final battle ground of health care reform. He has listened to and respected everybody else’s opinions well up to now. This is the best and last chance for him to push himself, his own determination onto everybody else on the health care reform. 

http://www.huffingtonpost.com/peter-dreier/waffling-democrats-health_b_376578.html

This is also a good example of my previous blog, “A Nation of “Two Heads”: The Government vs. The Multi-Headed Medusa of Powerful Industries.”

http://mikyunglim.wordpress.com/2009/12/14/a-nation-of-%e2%80%9ctwo-heads%e2%80%9d-the-government-vs-the-multi-headed-medusa-of-powerful-industries/

Global Warming: Nuclear Energy Replacing Coal? – Four Reasons to say “Nay, Not a Good Idea !”

There was a Huffington Post blog by Mr. Steve Kirsch that suggests to focus the available financial resources for reducing emission on replacing coal with nuclear energy source, instead of introducing “Cap and Trade” bill or other alternatives. There are several issues that don’t welcome this idea.

First, my scientist husband says that (A) nuclear energy source is not actually cost-efficient at all. Generating electricity with this energy source alone may be cheap. But dealing with the after mess of nuclear wastes after producing electricity is another costly process, which makes this energy source expensive.

Second, we have witnessed the troubles caused by Iran and North Korea. Iraq was attacked by the Bush administration under the false suspicion of this issue. “Nuclear Weapons!” (B) The proliferation of nuclear energy technologies endangers world peace as these technologies can be easily switched to produce nuclear weapons. When President Obama is endeavoring and having hard time to put Iran and North Korea under control and restrict their development of nuclear weapon, “Why On Earth,” anyone wants to take the risk of distributing, delivering the same dangerous technology worldwide?

Considering above (A) and (B), don’t we think (C) safe and endlessly available wind and solar energy would be better? Until these energy sources can be developed to be mature, consumer market competitive pricewise (which takes time),  the government can subsidize the companies of these renewable energies to let them set their market prices low/competitive, or impose higher taxs on other types of energy products. This kind of government subsidy may be more productive for this country’s economy and future than other types of subsidies.

Third, in terms of reducing emission, exploring multiple methods, including cap and trade, to reduce emission would be better than introducing one or a few methods. So, in case one method doesn’t work, still we can resort to others. There’s no such a thing with 100% certainty !

Fourth, (D) malfunctioning US politics. During the first year of Obama administration, we have seen the chaos and the destruction of special interest politics in sabotaging the health care and financial sector reforms. Under this torturously twisted political system of this country, do you believe a reform in energy sector will be smoothly achievable?

UPDATE Two:

It appears that the administration is going to announce loan guarantees to develop nuclear power industry, in continuation of Congress’s approval of $18.5 billion for nuclear loan guarantees in 2005. Please check below wetsites.

Obama Administration To Announce Loans For Nuclear Power

http://www.huffingtonpost.com/2009/12/29/obama-administration-to-a_n_405948.html

UPDATE One: There were several comments to my above comment at the Huffington Post Blog by Mr. Steve Kirsch. Some are informative, so I present them here with the commenters’ nicknames.

“sethdayal” comment: Husband didn’t read Steve’s article.

All previous generation nuclear waste is fuel for the IFR. The IFR itself produces a tiny amount of waste so low level that is it really the same as high grade uranium ore. Put it back in the mine.

It would be extremely difficult and far too expensive to make nuclear weapon from a power reactor so nobody ever has. North Korea will sell you a cheapo Chernobyl type reactor design for a few bucks to make a bomb.

99% of the worlds energy comes from countries who already have nuclear weapons or are unlikely to make them (Canada). The rest can buy their reactor fuel from Canada.

Solar/wind costs 10 to 30 times nuclear and generally produces more greenhouse gases than they save. We are as little as ten years from a civilization ending climate/peak/ air pollution crisis. Only nuclear can save us in time.

Nuclear is 100% certain- been using it for 50 years now. Renewables will never be cost effective except in remote applications. Cap n trade is really just rearranging deck chairs on the Titanic – useless.

Republicans love nuclear. Only Democrat politicians like Obama need reeducation.

“The Husband” (my real husband): Show me one IFR that has burned up any nuclear waste yet. There are none. Europe has shipped waste between countries for reprocessing. It created more waste than was there to begin with.

In principle you are right: IFR and other options (Thorium, accelerator driven sub-critical reactors) can solve many of the problems with conventional nuclear energy, including limited fuel, nuclear waste, and to some extent proliferation.

In practice the nuclear monopoly has not delivered, is only interested in maximizing their profits at the expense of public safety and health, and will be the last place I would look for a solution to the climate crisis.

You need to read up on solar, wind, and other renewable energies. Your statements are ridiculously out of date. If you put the same subsidies into renewables that nuclear has enjoyed, they will be cheaper than coal very soon.

Finally, the fact that Republicans love nuclear is a direct consequence of the fact that it is run by a (quasi-)monopoly, not because it helps the climate, which (so far) it does not.

“Sethaday” comment: Actually nuclear waste is burned all the time as MOX in France, the Soviet Union and Canada.

The Idaho IFR burned nuclear waste as part of its thirty years of testing but Clinton shut it down after complaints and campaign donations from Big Oil.

Indian just dropped the dome into place on its version of the IFR.

Any mythical nuclear subsidies have been paid for already, lets enjoy the benefitd.

Lets form a national nuclear public power company and build the plants on the site of existing coal operations. We can save the big profits for ourselves.

Goggle Arcadia solar and Texas wind china and get yourself up to date with the latest real costs of solar and wind power $35B/Gw and $12/Gw respectively + $12/Gw in natural gas plants required to load balance the things. Far more costly than new nuclear.

Wind and solar are already getting hundreds of billions in subsidies wordlwide through massive 2 to 15 times market rate feed in tariffs.

For whatever the reason Republicans love nuclear so if only the much more intelligent Democrats can get educated, a “Nuke the Nation” bill saving the lives of millions of Americans by eliminating coal plants should easily past through congress.

“The Husband” comment: Yes. Twice through is better than once through ‘cycle’. And there are current and former test reactors.
It is all far from being at a scale where it has an impact. (I am not arguing that it is impossible, just saying that clean nuclear technology is not at all widespread whereas dirty nuclear technology is.)

“Lets form a national nuclear public power company and build the plants on the site of existing coal operations. We can save the big profits for ourselves.”
I would like that. But short of a revolution that installs a benevolent dictator, how are we really going to get there?
The Republicans surely will drop their support when you talk about public anything.

I don’t know what your numbers mean for the cost of wind and solar power (installation cost? Operation for a certain number of years? With what assumptions?) It is rather difficult to honestly compare the costs of different technologies. I do think that wind and solar are becoming competitive. The key is to use the right renewable energy for a given purpose in a given area. Not one shoe fits all.

Load balancing is a big deal. But nuclear power can not be ramped up or down quickly either. (Accelerator driven sub-critical systems would be different.)
We have to upgrade the grid to use non-local storage capacity. Pumping water to high lakes, pressurized air in caves, using excess capacity to generate hydrogen for transportation, etc.

“vakibs” comment:

Mikyung Lim, (A) Dealing with nuclear waste is not at all costly. It is only a very tiny fraction of electricity produced by nuclear. Secondly, the kind of nuclear reactors that Steve champions (the Integral Fast Reactor or IFR) produce no long-lived nuclear waste. They eat existing nuclear waste and depleted Uranium to produce power.

(B) Nuclear weapons are proliferating without nuclear power. The newer version of reactors (like the IFR) are more proliferation resistant than the older ones. Secondly, using nuclear power inside the developed countries (which already possess stockpiles of nuclear weapons) is unrelated to the proliferation issue.

(C) Wind and Solar power have serious limitations in the quantity of power they can produce, they are not endless. These limits are dictated by the power-density, and because of the finite amount of land that we possess. They also use a lot more raw material, metals and freshwater than nuclear.

(D) Multiple options should be explored. But cap™ is just a serious delusion with too many loopholes. We need a straight-forward carbon fee÷nd.

“The Husband” comment: (A) The nuclear waste currently in the US is already exceeding the capacity of the only repository that was planned and now has been found to not be feasible. It is eating huge amounts of money and resources.
You are right on the IFR. However, the nuclear power industry is not pushing it. They just want to prolong the profits they make with existing technology.

(B) You are right, but between “more proliferation resistant” (IFR and similar) and “completely unrelated to nuclear technology in any way” (solar, wind, waves, geothermal, etc.) the second category wins.

(C) No, you are wrong here. The solar power input to the earth surface is on average 1000 W per square meter. This is a _huge_ amount. It means: If we would cover just a tiny fraction of the Arizona desert (or, equivalently, suitable roofs in every city), we could easily generate more energy than the entire United States is using. With existing technology, with all the losses and the current level of efficiency.
While some early solar cells were fabricated by using harmful chemicals, there is now a multitude of technologies for both wind and solar using friendly materials and processes. To argue that wind and solar are environmentally harmful is plain silly.

(D) Yes. I agree 100% with the statement that multiple options need to be part of the solution. No single technology has the potential to sufficiently reduce carbon emissions singlehandedly.

Reference: ”The Most Important Investment that We Aren’t Making to Mitigate the Climate Crisis” by

Steve Kirsch, http://www.huffingtonpost.com/steve-kirsch/the-most-important-invest_b_402685.html

A Nation of “Two Heads”: The Government vs. The Multi-Headed Medusa of Powerful Industries

As we have witnessed the endless twists of health care and financial reforms this year, my impression on this country’s politics is, this country is not “One-Headed.”

The United States of America is more like a nation of “Two Heads”: the “Government” and the “Industrial Medusa” that consists of many small heads of powerful industries and their bands of lobbyists, including financial, pharmaceutical, health care, oil industries. The Government has the role of policing the nation; the Industrial Medusa manipulates the Government, media, and the public to set the social structure in their favor, in ways to minimize the nation’s regulations on them and maximize their money earning, profits at any costs, even at the destruction of their country and economy which nurture, feed them with money.

Over the last decades, it has been this “Industrial Medusa” that has won the game with the Government by manipulating, bribing, dominating it to structure this country’s social, economic structure best for their benefits. Taking undeserved money from the public through malicious business practices means that the public is losing money and becoming poorer. Loose or few government regulations on this Industrial Medusa has caused the misallocation of money resources in this society that has been drained from middle and poor classes’ pocket money for living necessities and poured into industrial riches’ pockets to support their unprecedented luxurious lifestyle. The outcomes of Industrial Medusa’s social misconducts have been not only the current short/mid-term recession but also disappearing middle class, deepening poverty of low-income class, and the weakening US industrial structure and competitiveness in world markets. This is exactly what has happened in this country and will continue so if the Obama administration’s reform efforts fail in vain.

Now, there is this fierce battle (and sometimes compromising) game of obtaining the dominance between President Obama/Government (which have been scarred by the endless dissonance and betrayal among their own folks, Democrats) and the Industrial Medusa. It has never been this close for the Government to take this dominance from the Medusa. Despite many current problems and flaws, the nation should remember that it has been only the current President who came this close to the reversal of chronically ill-designed US power game. Productive, healthy criticism will help the Government win the battle. But, just criticizing for the sake of criticizing will unnerve, deprive the energy and passion out of the President /Government and empower, help the Industrial Medusa win the game and maintain their dominance in US politics again. We should understand that the current troubles with financial and health care reforms are rather the indication of how tough, powerful the industries’ influence on US politics than the weakness, flaws of the President’s political skills and unfolding policy agendas. Politics, as usual, is a complicate game.

Below are the blogs of how these industrial interests are twisting the current reforms.

http://www.huffingtonpost.com/peter-dreier/waffling-democrats-health_b_376578.html

http://www.huffingtonpost.com/robert-reich/how-a-few-private-health_b_388788.html

http://www.huffingtonpost.com/2009/12/11/house-passes-financial-re_n_389267.html

http://www.huffingtonpost.com/2009/12/11/pharma-deal-shuts-down-se_n_388895.html

Ms. Palin goes ‘Birther’ to criticize Obama’s Birth Certificate? Oh, Woman………

Oh, man……Oh, woman……

This birth certificate “thingyyyy” again?

Does this really matter?  Before or even now?

Ms. Palin has huge publicity “Without Political Substances” to back it up, but “With unbelievable Family Saga” to back it up.

With such huge publicity, why she keeps getting into trivial, side track political issues and keeps degrading herself, her public image, qualification as a future candidate for “What”?

Up to now, according to her political achievements, she seems to more belong to “Saturday Night Live,” rather than the league of US politicians.

I wish Gov. Arnold Schuwaltzgeneger has done better job in California to run for future presidency. Then people may not talk about presidential candidate’s birth certificate but more focus on his/her qualification.

Related link: http://www.huffingtonpost.com/2009/12/03/palin-goes-birther-obama_n_379634.html

Bailouts, Economic Recovery Plan, Government Interventions are Bear-Necessities. But Without Loopholes Please!

“The words, “Too Big to Fail,” seem to be in every news media pages these days. Regarding this issue, Ms. Arianna Huffington at Huffington Post criticized the US systematic failure of punishing immoral financial business practices that legally schemed and robbed their victims or unjustifiably awarded their executives even after their failed businesses, letting these legal crimes and their players escape without taking responsibility. This systematic loophole in existing (or non-existing) rules and regulations that govern financial sector sets the foundation of recurring similar business schemes over and over.

Ms. Huffington cited two such cases. The first case was JPMorgan’s scheme on bribing the officials of Alabama’s Jefferson County to obtain billion dollar contract and then persuading them to switch from fixed rate bonds to bonds hedged with risky derivatives, which drove the County on the verge of bankruptcy. Another case was Merrill Lynch’s reward of $3.6 billion bonuses to its executives, without informing its shareholders, even after their $27 billion-losing-business failure and on the blink of being acquired by Bank of America. Ms. Huffington’s blog post on this issue is listed at the end of this writing….”

Read more at:

http://www.everydaycitizen.com/2009/11/bailouts_economic_recovery_pla.html