Now Obama Must Lead Democrats and the Nation

by Guest Fri Aug 19, 2011 2:06 am

America is a nation without leaders in an economy without jobs. We are a nation of citizens who hunger for action in a political system that refuses to act. We yearn for a president who will speak for the people of the nation with conviction, clarity, courage and compassion.

The failure of the president and Congress to take major action to create jobs for some two years is a dereliction of duty unprecedented in post-war economic history. The dominance of cutting spending in the short term, at the expense of the U.S. and Europe stimulating the economy, is an epic policy blunder of historic magnitude with potentially catastrophic consequences for the American and world economies.

http://www.huffingtonpost.com/brent-budowsky/now-obama-must-lead-democ_b_930482.html

by mistermunster Fri Aug 19, 2011 11:54 am

Today major corporations hoard some $2 trillion they refuse to spend. Leading lenders hoard some $1.5 trillion of lendable assets they refuse to lend. Financial markets remain a casino in which some 70 percent of public stocks are held for less than 11 seconds while speculators enrich themselves while they create no wealth for the nation, and reward companies that destroy American jobs and export American prosperity.

Americans want an honest 50-50 compromise. This does not mean the Republicans get 50 percent of what they want, then the president surrenders the 50 percent that Democrats want, and then Washington departs for a long vacation.

by sbraney Fri Aug 19, 2011 2:52 pm

When the people are ready to lead, the leaders will follow.

by exhaustedandtired/1208 Fri Aug 19, 2011 3:08 pm

Its certainly time that the voters take control at the ballot box!

by mistermunster Fri Aug 19, 2011 3:46 pm

Sad part is they have let it get this BAD by DOING nothing for 3 years. Now that it's a PROBLEM during an election year and the looming threat of a double dip. NOW they get busy. Rolling Eyes