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How would you classify handling the American economy during the worst banking crisis, killing OBL, pulling US out of Iraq, etc, etc? Pretending or Doing?


I don't know why killing OBL is considered a big win, it's not in my opinion. It took so over 10 years, many human lives, run down the US economy from a surplus, American citizens are giving up on some basic freedoms, people are paranoid with fear, got the ugly side out in form of G-bay, torture etc and more over recently, US is loosing credibility e.g. I saw a cloud services website recently being discussed on HN and they mentioned ...We are serious about security, we do not have servers in US... on their website (paraphrasing), it's bad if not being associated with US is one of your business's selling point. I don't know why killing OBL is considered an achievement, but people don't seem to notice at what cost it came. And, the worst part, it was one attack, and the rest US did to themselves. I wish US was a little more resilient. Regarding the banking crisis, they way I see it they did well to maintain status quo and in my opinion they only setup themselves for the next big fall because the same people are responsible for the same banks are probably doing the same thing again. Pulling out of Iraq, it's probably debatable again, because I was for pulling out of Iraq but the current state of Iraq, July being the bloodiest month ever of more than 1000 people killed in July alone, I wouldn't use this as something exemplary for someone's achievements.


Pulling out of Iraq? I suspect that Iraq will pour blood into the Persian Gulf and then return to a strong man thug, Saddam II. Maybe not. I hope not. There are various people and factions there eager for blood, and when they get killed off maybe there will be peace there again.

For OBL, you are looking at the bigger picture, starting with 9/11, and not just with the Navy Seals and their raid, and your view is fully appropriate: OBL and a few guys with airline tickets and box cutters got the US to do a lot of harm to itself as you listed. We were sucker punched. We've done it to ourselves.

And apparently OBL was not completely nuts but understood well enough to say that his objective was not to defeat the US but just to watch it bankrupt itself! We need to wise up.

What we do to ourselves if there was a really serious threat and attack?


If you paid attention, all of Obama's "deadlines" for pulling the US out of Iraq were the same deadlines as Bush. The only time they were different was before the first election.


Economy: Spend a lot of money via TARP I and TARP II and otherwise let Bernanke handle it.

There is one view that the US went from The Great Depression to a hot economy, with 2-3 jobs for everyone who could work, in just 90 days after people started shooting at us. We spent huge bucks, and nearly everything that the bucks bought was junk on a battlefield in a few weeks or sold for war surplus. Still, the spending, even on stuff that was just junk, got us out of The Great Depression.

My view is that mostly the extra spending was just wasted, but, as for the WWII example, have to believe that even wasted such spending can get us out of a great depression. So, I'm not totally against the spending. But the waste was still a black mark. We didn't have just to waste so much of the money.

OBL? Fine. But bringing in Hollywood to make a movie and letting out secret information on Navy Seal tactics was not good. I credit the Navy Seals and the DoD. Even if a president doesn't do anything, there still is the rest of the government, and sometimes it does things. So, can credit Obama for not messing up a good effort across the Potomac River in that five sided funny farm.

US out of Iraq? Another post in this thread says that that was just the schedule anyway.

I can't claim that Obama never does anything. Still, I see a difference: It appears to me that he has the strategy I tried to describe, on a lot of headline issues, pass out a lot of platitudes but actually do something on only a small fraction of those. Otherwise do relatively little and, thus, don't get blamed for failures.

It's all on a continuum and not 0 or 1. It just looks to me like he talks the talk without walking the walk, or some such, more than other presidents since, say, FDR.

Maybe it's good pragmatic leadership, and if so most of the blame is on the mainstream media and the voters. US voters are awash in power, can shake DC just by pulling some levers behind a curtain, and with the Internet are awash in information. If Obama gets away with what the OP described, then the voters get what they deserve.


>Still, the spending, even on stuff that was just junk, got us out of The Great Depression.

The U.S. was the only major country with cities and factories left standing, that weren't hit by wave after wave of bombers, so rebuilding your country necessitated buying U.S. goods.

The U.S. also suffered relatively fewer casualties than the other major players. The Nazi scientists didn't hurt either.

You are correct in that spending money on otherwise useless military items / people, is indeed useless[0], though those receiving military contracts argue the opposite, called "Military Keynesianism".

[0]http://en.wikipedia.org/wiki/Parable_of_the_broken_window#Th...


No, voters in general are not "awash in power". The vote has been heavily rigged, to the point that House Republicns, who command a majority of ~20 seats, were abor to secure this margin even as Dem candidates garnered 1.4 million more votes.

Some voters are (relatively speaking) "awash in power". But these tend to be while, male, older, and rural.




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