At last, after many weeks in the planning and development stage, our very own Mybarackobama.com (MYBO) inaugural celebration event has finally found its form, nature and place, and we are thrilled and proud to announce the...
MYBO Grassroots Inaugural Ball 2009, the Social!
http://grassrootsball2009social.eventbrite.com/
We've come full circle, right back where we were supposed to be!
Initially intended to be held in a Capitol Hill church social hall -- and always imagined as an "alternative" ball --, the event grew rapidly in the early flush of euphoria and excitement of our victory in the days following the election, but through the worries and the vagaries of fundraising and just exactly how crowded Washington, DC would be for this historic occasion that we all want to witness and celebrate in a financial environment that encouraged anything but confidence, the MYBO alternative ball's future in the balance, we find ourselves welcomed by the Universalist National Memorial Church, "a liberal Christian church in the heart of the city."
The MYBO Grassroots Inaugural Ball 2009, the Social is intended, as one of our fundraising volunteers put it, to be a ball:
“that will celebrate Obama's election, and celebrate the hard work we did to get to this point – and provide a space to network with fellow Obama supporters to get "fired up" for real change, going forward.
There are tons of official and unofficial inaugural balls, but the difference is this one will be affordable (hence the need for sponsorship) and Obama volunteers will have the first crack at tickets (rather than the tickets just going to the highest bidder.)”
Universalist National Memorial Church provides us an ideal space in the community at a price that allows us to accomplish our mission -- tickets priced so that everyone who would like to attend to meet so many people with whom they have exchanged on MYBO and want to meet after all these months can afford to attend.
For tickets -- only $26.00!! -- http://grassrootsball2009social.eventbrite.com/
BYOC, or bring your own champagne! The event will include food and a bar featuring wine and beer, an assortment of non-alcoholic beverages, but if you would like to raise a toast to Obama with bubbly, please feel free to bring your own bottle, or one to contribute to the bar. You may also help us off-set bar costs by contributing a bottle of white -- the church asks for no red in their furnished parlor, sorry! --, and the caterer will accept for refund any unopened bottles they provide and we do not need to consume.
There will also be music with performances by local and home-grown MYBO talent.
Attire is cocktail or semi-formal, but please wear what makes you feel comforable. If you need to come directly from another event that doesn't permit you to dress for the evening, such as the Day of Service at the MLK Memorial Library, please feel welcome to come as you are.
Sponsors needed! Help make the MYBO Grassroots Inaugural Ball 2009, the Social a success -- become a sponsor at any level you can. Your non tax deductible donation will help with food, bar and entertainment for the evening. It's simple. The more those of you who can afford to give something more, the better the evening for all. It's The Obama Tax Plan at work, so let's put our money where our mouths are! Click here to make your donation. It's easy and fast with Google Check-out.
DC for Obama and Mayor Fenty Office's MLK Day of Service Activity (9 am to 4 pm).
The MYBO Grassroots Inaugural Ball 2009, the Social is joining together with DC for Obama, which will be collaborating with Mayor Fenty's Day of Service events and will be sponsoring supporting those in need through serving food at the MLK Memorial Library throughout the day. Please join us and take a step towards supporting others who may have less.
We will be providing further information on how you can become a part of this important day of community service and hope that you will be able to join us in taking this step to fulfill President-elect Barack Obama's call to community service.
Then, join us for a memorable evening getting to know in person so many of the people with whom you have worked, and with whom you have become friends, on MYBO.
Thank you!
Mary Ritter Jacqueline Ashton de Floris The Organizing Committee
Perhaps you have been checking here for news from time to time, wondering what's happening, if anything at all. I have sworn myself to a sort of discretion, a virtual white-out of news on the Ball because it is a complex and delicate business to organize, but we are in the final hours of decision-making, and we are not all of the same mind.Wait. That's what happens in government, too.We all felt so monolithically committed in our support for Obama, even while we fought monumentally over whether he was right or wrong to vote for the FISA bill this year, or right or wrong not to hate Hillary Clinton forever, or to pay her campaign debt, that it was always rather surprising to find ourselves in désarroi.But that is what is starting to interest me the most, oddly; it's the process itself, how we can start with a shared dream, build momentum from one another's excitement and passion, discover our points of désaccord, experience let-down, frustration, and even anger as we encounter difficulties, set-backs and conflicts, and then -- out of respect for one another and the importance of our relationships and work -- sit down and think about how to proceed, even manage to at all because the people involved are as important to all of us as the success of the project itself.How many times in the MYBO listservs did the atmosphere become tense, did a voice or two speak out and remind us all of why we were there, and that we hold one another in esteem, did cooler heads prevail and we go on? It's the same. It's a process that can teach us all a lot that we can use in our lives, at home, at work, in political action. Speak your heart, as well as your mind, and do it from that place in yourself.The ball has been hard. Harder than we imagined when we started out. I suppose no one starts out imagining the obstacles, or no one would ever begin anything. Those of us working to put it all together have made many discoveries about people -- most heartening, some laughable. There are some flakes out there, and they are not all falling to the ground to blanket Chicago in snow for its white Christmas.We succeeded, and we failed. Or, perhaps better said, we have met with success and with failure. We have raised money that can be considered significant from among the individuals supporting our ball, and we nearly did from an individual, who chose in the end not to, without ever really making that choice final, or clear. Inference is sometimes good enough, or has to be.
There have been successes that were very important to me. Yesterday, a $50 contribution arrived in the PayPal account from someone who has nothing to gain from their contribution to help make the ball happen, other than perhaps to help make sure there would be a ball for which to purchase a ticket, and at a price we can call "grassroots". That person might have thought that their $50 was "nothing" compared to others' $2,000, $1,000 or $500 (non tax deductible) donations, but that isn't how it felt to me when I heard. I felt indebted to that person and grateful for their gesture of support, that is really a gesture of belief in the dream that I had, that the other organizers had, that the more than 600 people who contacted us to get themselves and their friends and family on our list for news of the ball, when the tickets would be available had, too.And the people who have joined us to offer their time and energy, their encouragement, their contacts, anything they had, and offered their thanks for our efforts. No matter what happens to this ball, I will carry forward their group of people like a community that will live inside me. I don't know how to visit that place, or see all those people, but knowing they are there is about enough. I know that one day there will be another project, another mission, and I will reach out to them, or they will reach out to me.Today, we are asking everyone on our lists to go to the website and take a survey. The answers to the three questions are "Yes, I still planning to purchase tickets to the Grassroots Ball for the people of Mybarackobama.com to meet and celebrate our victory in Washington, DC on January 19, and hurry up!", "No, thank you, I have already made other plans for the inauguration," and "No. I just can't get to Washington, after all." Please have each person in your party register and take the survey so we can get an accurate number.We need to know if 700 people sure will purchase tickets so that we can make the deposit on the space in downtown Washington with confidence. It can hold up to 1,500, and we have the option to grow the event to that capacity if ticket sales are strong.We have become timid about committing our sponsor's money in an event that might have lost its momentum without our knowing it, especially in such uncertain times. Asking you is our best way to know if your silence has been your polite and remarkable patience, or proof of your loss of interest.Like Barack said to us throughout the campaign, more and more frequently as the numbers coming to see him grew beyond anyone's wildest imagings, this ball was never about we, the organizers, it's about you, and it's for you if you want it. If you don't, that's fine. Personally, I can accept hearing that, but I can't as easily accept ending it all because we are worried the time and the opportunity are already behind us without having asked you if they are.We shall see what happens today, and in the next hours, and then we will know.For those wondering why nothing has been happening on the website, we decided spontaneously to communicate via our email lists rather than continue to promote a ball there that was at risk of not happening owing to fund-raising disappointments and their impact on the ticket prices that we could offer.As it stands, they would be a minimum of $175, possibly closer to $200, and we would try to offer a percentage of the total tickets available at the $100 level for those whose means are limited. As we had always intended with our "Joe-the-Plumber" Ticket Plan, we would ask everyone to stop and think before purchasing and ask themselves if they really needed that $100 ticket, or if they could leave it for someone who does, each according to his conscience, and the fiscal philosophy Barack Obama laid out to Sam Wurtzenbacher in Ohio.Thank you, everyone.http://www.grassrootsballdc2009.com....
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Dunia SENDWEEmail : dunia@sendwe.beBlog : cdfafrique.afrikblog.comFaceBook : Dunia SENDWE
Hello MYBO People,
The very first Grassroots Inaugural Ball 2009 -- originating right here in MYBO -- has a challenge for 40 people in our network of campaign volunteers.
We are trying to secure a venue in Washington that is convenient, on the Metro with space for more than 1000 people, and we are trying to do this for what is regarded as the inauguration that will be the most widely attended in our nation's history. Everybody wants to be there to witness this historic event and celebrate, and maybe nobody more so than those of us here on the MYBO listservs. Obama's Internet Army soldiers.
It's really, really hard to get space in Washington right now, and MYBO has done it. Almost.
So, The Challenge.
We are on the verge of signing a contract for a venue, and to do it we need 40 people to kick in $1,000 so that we can be ready with our check for the down payment before someone else beats us to it.
Your underwriting of the down payment not only assures us the space to hold our very own Grassroots Inaugural Ball 2009, it will cover $40,000 of our total budget. Think of yourselves as part of Barack's tax plan. That top 5% that will help to reduce ticket prices and make our ball more affordable for everyone--most especially for the 95% of MYBO who need a break after all the donating to the campaign!
What else will you get? You will receive:
What else, you ask?
The undying thanks and devotion of everyone who wants this ball to happen. You can also choose one of our sponsor gifts, once we figure out what they will be.
We need this as quickly as possible. Don't think it over. Reply right away to Russell Miller, our treasurer, at Russell@grassrootsballdc2009, and we go to contract to have a ball!
You don't have $1,000? That's okay.
If you have $500 to help us underwrite the ball, we can guarantee you:
And If you don't have five hundred dollars to get the ball rolling, don't worry. We'll be rolling out other sponsor levels, and tickets will be available shortly at a range of prices that make sense for every working American. (We revere the Constitution, but we're breaking the law of supply and demand.)
This ball is going to be for EVERYONE—or at least as many as the fire codes allow.
Jacqueline Ashton de Floris, Mary Ritter, Russell Miller
Members, Organizing Committee
PS: Money Where Our Mouth Is Department—All three of us are already in as sponsors. It's lonely out here, but we know it won't be for long. Join us!
PPS for shy folks: You can be anonymous sponsors if you like!
Cliquer sur l'image pour voir la vidéo
Par Barack Obama, président élu des Etats Unis. "Si jamais quelqu'un doute encore que l'Amérique est un endroit où tout est possible, qui se demande si le rêve de nos pères fondateurs est encore vivant, qui doute encore du pouvoir de notre démocratie, la réponse lui est donnée ce soir.
C'est la réponse dictée par les files d'attente devant les écoles et les églises, d'une ampleur que le pays n'a jamais connue, par les personnes qui ont attendu trois à quatre heures, la plupart pour la première fois de leur vie, parce qu'elles croyaient que ce moment devait être différent, et que leur voix pouvait être cette différence.
C'est la réponse que donnent jeunes et vieux, riches et pauvres, démocrates et républicains, Noirs, Blancs, Latinos, Asiatiques, Indiens, gays, hétéros, handicapés et non handicapés– des Américains qui ont signifié au monde que nous n'avons jamais été un assemblage d'Etats rouges et bleus, mais que nous serons toujours les Etats-Unis d'Amérique.
Cette réponse conduit ceux qui ont été décrits comme des personnes pétries de cynisme, qui craignaient et qui doutaient de ce que nous pouvions faire, à diriger le cours de l'histoire vers l'espoir de jours meilleurs. Il a fallu longtemps. Mais ce soir, grâce à ce que nous avons accompli aujourd'hui et pendant cette élection, en ce moment historique, le changement est arrivé en Amérique.
Je viens juste de recevoir un appel courtois du Sénateur McCain. Il a mené une dure et longue bataille, d'autant plus dure et longue qu'il adore ce pays. Il a enduré des sacrifices pour l'Amérique que la plupart d'entre nous ne peut même pas imaginer. Nos vies ont été améliorées grâce aux services rendus par ce dirigeant courageux et désintéressé . Je le félicite lui et le Gouverneur Palin pour ce qu'ils ont accompli, et je suis impatient de travailler avec eux pour renouveler ce pays dans les mois à venir.
Je voudrais remercier mon partenaire dans ce voyage, un homme qui a fait campagne avec son coeur et qui a parlé pour les hommes et les femmes avec qui il a grandi dans les rues de Scranton, et avec qui il a pris le train pour rentrer dans le Delaware, le Vice-président des Etats-Unis, Joe Biden.
Je ne serais jamais là ce soir sans le soutien indéfectible de celle qui est ma meilleure amie depuis les seize dernières années, le pilier de notre famille et l'amour de ma vie, la prochaine Première dame de notre nation : Michelle Obama. Sasha et Malia, je vous aime et vous avez gagné un nouveau chiot qui viendra avec nous à la Maison Blanche. Et même si elle n'est plus avec nous, je sais que ma grand-mère est présente, tout comme la famille qui a fait de moi ce que je suis. Ils me manquent ce soir et je sais que ma dette envers eux est incommensurable.
A mon directeur de campagne David Plouffe, à mon conseiller en stratégie David Axelrod, et à la meilleure équipe jamais réunie dans l'histoire de la politique – vous avez fait en sorte que cela arrive et je vous suis redevable pour toujours des sacrifices que vous avez concédés pour y arriver.
Mais avant tout, je n'oublierai jamais que cette victoire vous appartient. Je n'étais pas le candidat le plus évident pour ce poste. Nous n'avons pas commencé avec beaucoup d'argent ni avec beaucoup d'appuis. Notre campagne n'a pas éclos dans les halls de Washington – elle a commencé dans les arrière-cours de DesMoines, dans les salons de Concorde et sur les porches de Charleston.
Cette campagne a été menée par des travailleurs et des travailleuses qui ont pioché dans le peu d'économies qu'ils avaient pour donner cinq, dix, vingt dollars pour cette cause. Elle a gagné en force grâce aux jeunes qui ont rejeté le mythe de l'apathie de leur génération, qui ont quitté leurs maisons et leurs familles pour des emplois qui leur offraient peu d'argent et peu de sommeil, grâce aux personnes pas si jeunes qui ont défié le froid et la chaleur pour frapper aux portes de parfaits inconnus, grâce aux millions d'Américains volontaires qui se sont organisés et qui ont prouvé que plus de deux siècles plus tard , le gouvernement pour le peuple et par le peuple n'a pas péri. C'est votre victoire.
Je sais que vous ne l'avez pas fait juste pour gagner une élection.
Vous l'avez fait car vous comprenez l'immensité de la tâche qui nous attend. Parce qu'à l'heure où nous célébrons la victoire ce soir, nous savons que les défis de demain sont les plus importants de notre existence - deux guerres, une planète en péril, la plus grave crise financière depuis un siècle. En ce moment même, nous savons qu'il y a de courageux Américains qui se réveillent dans les déserts d' Irak et dans les montagnes d'Afghanistan pour risquer leurs vies pour nous. Il y a des pères et des mères qui passent des nuits blanches après avoir couché leurs enfants et qui se demandent comment ils pourront payer leur emprunt, les honoraires du médecin, ou comment ils pourront économiser assez pour les études. Il y a une nouvelle énergie à exploiter et de nouveaux emplois à créer, de nouvelles écoles à construire, de nouvelles menaces auxquelles il faudra faire face et des alliances à reconstruire.
La route sera longue. Le chemin sera escarpé. Nous n'atteindrons peut-être pas notre but en un an ou même en un mandat, mais il n'y a jamais eu autant d'espoir que ce soir, et le peuple américain y arrivera. Il y aura des revers et des faux départs. Nombreux sont ceux qui ne seront pas d'accord avec chaque décision que je prendrai en tant que président et nous savons que le gouvernement ne peut résoudre tous les problèmes. Mais je serai toujours honnête avec vous quant aux défis auxquels nous sommes confrontés. Je vous écouterai, particulièrement lorsque nous serons en désaccord. Et par-dessus tout, je vous demanderai de me rejoindre pour reconstruire cette nation de la seule manière possible en Amérique depuis 221 ans : bloc par bloc, brique par brique, avec nos mains calleuses.
Ce qui a commencé il y a 21 mois dans les profondeurs de l'hiver ne doit pas s'achever durant cette nuit d'automne. Cette seule victoire n'est pas ce que nous cherchons – c'est notre seule opportunité pour créer ce changement. Et cela ne peut pas arriver si nous retournons en arrière. Cela ne pourra pas arriver sans vous.
Alors faisons appel à un nouvel esprit de patriotisme, de service et de responsabilité où chacun d'entre nous s'attèlera à travailler dur et à s'occuper non seulement de sa personne, mais aussi des autres. Rappelons nous que si cette crise financière nous a bien appris une chose, c'est que Wall Street ne peux pas s'enrichir pendant que d'autres souffrent – dans ce pays, nous nous élevons et nous tombons comme une seule nation, comme un seul peuple.
Résistons à la tentation de retomber dans le même esprit partisan, mesquin et immature qui a empoisonné notre vie politique pendant si longtemps. Rappelons-nous qu'il y avait un homme de cet Etat qui a d'abord porté les couleurs du Parti républicain à la Maison Blanche - un parti fondé sur les valeurs d'indépendance, de liberté individuelle, et d'unité nationale. Ce sont des valeurs que nous partageons et tandis que le Parti démocrate a remporté une grande victoire ce soir, nous y sommes parvenus grâce à une bonne dose d'humilité et de détermination pour mettre fin aux divisions qui ont retardé notre progrès. Comme Lincoln le disait à une nation bien plus divisée que la nôtre : "Nous ne sommes pas ennemis, mais amis… La colère a affaibli nos liens d'affection, mais elle ne doit pas les rompre". A tous ces Américains dont je n'ai pas encore le soutien, je n'ai peut-être pas remporté votre vote, mais je vous entends, j'ai besoin de votre aide, et je serai également votre président.
Et à tous ceux qui nous regardent par delà nos côtes, depuis des parlements et des palaces, à ceux qui sont rassemblés autour de radios dans les coins perdus de notre monde – nos histoires sont particulières, mais notre destin est partagé et l'aube d'une nouvelle direction américaine est à portée de main. A ceux qui veulent démolir ce monde : nous vous vaincrons. Et à ceux qui se demandent si le phare de l'Amérique brille toujours, ce soir nous vous prouvons une fois encore que la force de notre nation ne vient pas de la puissance de nos armes ou de l'étendue de notre richesse, mais du pouvoirs de nos idées: la démocratie, la liberté, l'opportunité et l' espoir inflexible. C'est là qu'est le vraie génie de l'Amérique et c'est pour cela que le pays peut changer. Notre Union peut être parfaite. Et ce que nous avons déjà accompli nous donne l'espoir nécessaire pour ce que nous avons à accomplir demain.
Cette élection est faite de plusieurs histoires qui seront racontées durant des générations. Ce soir, je pense à cette femme qui a voté à Atlanta. Elle ressemble beaucoup aux millions d'autres qui ont fait la queue pour faire entendre leur voix dans cette élection à un point près - Ann Nixon Cooper a 106 ans. Elle est d'une génération née juste après l'esclavage. A une époque où quelqu'un comme elle ne pouvait pas voter pour deux raisons : parce que c'était une femme et à cause de la couleur de sa peau. Et ce soir je pense à tout ce qu'elle a vu à travers le siècle aux Etats-Unis – la douleur et l'espoir, la lutte et le progrès, les moments où on nous disait que nous n'y pouvions rien, et les personnes qui ont persévéré avec ce crédo : Oui nous le pouvons.
Un homme a touché la lune, un mur est tombé à Berlin, il y a eu un lien entre la science et l'imagination. Et cette année, lors de cette élection, elle a touché du doigt un écran et a voté, parce qu'après 106 ans en Amérique, après les meilleurs moments et les heures les plus noires, elle sait que l'Amérique peut changer. Oui nous pouvons.
Amérique, nous sommes allés si loin. Nous avons vu tant de choses. Mais il y a encore tant à faire. Alors ce soir demandons-nous – si nos enfants devaient vivre le siècle prochain, si mes filles étaient assez chanceuses pour vivre aussi longtemps qu'Ann Nixon Cooper, quels changements verraient-elles ? Quels progrès aurons nous accompli ?
Nous avons l'opportunité de répondre à cette question. C'est notre moment. Le temps est venu de remettre les personnes au travail et d'ouvrir les portes de l'opportunité pour nos enfants, de rétablir la prospérité et d'encourager la paix, de se réapproprier le rêve américain et de réaffirmer la vérité fondamentale : nous ne sommes qu'un, tandis que nous respirons, nous espérons et quand nous ferons face au cynisme, au doute et à ceux qui nous disent que nous ne pouvons pas, nous répondrons avec ce crédo intemporel qui résume l'esprit du peuple : Oui nous pouvons.
Merci, Dieu vous bénisse, Dieu bénisse les Etats-Unis d'Amérique."
Dunia SENDWEemail : dunia@sendwe.beblog : cdfafrique.afrikblog.com
Merci à tous pour votre soutien durant cette très longue campagne
I just want to say thank you. You did it. The American people spoke and decided that they wanted change. No matter what the cinicals said. Barack Obama has been elected 44th President of this great nation.
You have sent a strong message to the World. That the greatest nation on hearth is moving forward and is ready to lead the world again.
The world will change, the world needs to change. And it had to come from the USA the greatest nation.
I am proud to habe been part of this movement and to have believe from the begining that change was coming. Living it live last night with everyone else at Grant Park was just unbelievable.
Barack Obama will be a great President
Thank you America, Thank you Mr President.
Audrey Koumba
This is it!
We're coming down to the final stretch and Barack Obama needs your help now, more than ever before!
Please bring your cell phone, a charger and a few fun friends who care about change and join with thousands of your neighbors in the largest ever-attempted phone bank effort in New York state history. The Obama campaign is hosting several of these "mega call centers" all over New York, so invite your friends and family to make calls to voters in key battleground states and change America for years to come.
Visit http://my.barackobama.com/page/content/nylastcall to find a location near you.
Soirée GRATUITE de soutien à Barack OBAMAProjection en Direct sur Écran Géant Animations diverses gratuites
Mardi 4 novembre 2008De 22h00 à l'aube
ESPACE MATONGÉ78, chaussée de Wavre à 1050 BruxellesMétro : Porte de NamurBus : 71 - 54
Apportez Boissons & NourritureVenez Nombreux / Max 500 personnesBonne Ambiance et Bonne Humeur
Programme : Nous attendrons les résultats de l'Élection Présidentielle Américaine en Direct sur Écran Géant. La Soirée est entièrement GRATUITE ! Apportez vos Boissons et Nourriture
FAITES SUIVRE LE MESSAGE SVP, NOUS VOUS REMERCIONS D'AVANCE
Organisatrices : Sylvie MAYENGA et Dunia SENDWE
The Dow is surging! No, it’s plunging! No, it’s surging! No, it’s ...
Nevermind. While the manic-depressive stock market is dominating the headlines, the more important story is the grim news coming in about the real economy. It’s now clear that rescuing the banks is just the beginning: the nonfinancial economy is also in desperate need of help.
And to provide that help, we’re going to have to put some prejudices aside. It’s politically fashionable to rant against government spending and demand fiscal responsibility. But right now, increased government spending is just what the doctor ordered, and concerns about the budget deficit should be put on hold.
Before I get there, let’s talk about the economic situation.
Just this week, we learned that retail sales have fallen off a cliff, and so has industrial production. Unemployment claims are at steep-recession levels, and the Philadelphia Fed’s manufacturing index is falling at the fastest pace in almost 20 years. All signs point to an economic slump that will be nasty, brutish — and long.
How nasty? The unemployment rate is already above 6 percent (and broader measures of underemployment are in double digits). It’s now virtually certain that the unemployment rate will go above 7 percent, and quite possibly above 8 percent, making this the worst recession in a quarter-century.
And how long? It could be very long indeed.
Think about what happened in the last recession, which followed the bursting of the late-1990s technology bubble. On the surface, the policy response to that recession looks like a success story. Although there were widespread fears that the United States would experience a Japanese-style “lost decade,” that didn’t happen: the Federal Reserve was able to engineer a recovery from that recession by cutting interest rates.
But the truth is that we were looking Japanese for quite a while: the Fed had a hard time getting traction. Despite repeated interest rate cuts, which eventually brought the federal funds rate down to just 1 percent, the unemployment rate just kept on rising; it was more than two years before the job picture started to improve. And when a convincing recovery finally did come, it was only because Alan Greenspan had managed to replace the technology bubble with a housing bubble.
Now the housing bubble has burst in turn, leaving the financial landscape strewn with wreckage. Even if the ongoing efforts to rescue the banking system and unfreeze the credit markets work — and while it’s early days yet, the initial results have been disappointing — it’s hard to see housing making a comeback any time soon. And if there’s another bubble waiting to happen, it’s not obvious. So the Fed will find it even harder to get traction this time.
In other words, there’s not much Ben Bernanke can do for the economy. He can and should cut interest rates even more — but nobody expects this to do more than provide a slight economic boost.
On the other hand, there’s a lot the federal government can do for the economy. It can provide extended benefits to the unemployed, which will both help distressed families cope and put money in the hands of people likely to spend it. It can provide emergency aid to state and local governments, so that they aren’t forced into steep spending cuts that both degrade public services and destroy jobs. It can buy up mortgages (but not at face value, as John McCain has proposed) and restructure the terms to help families stay in their homes.
And this is also a good time to engage in some serious infrastructure spending, which the country badly needs in any case. The usual argument against public works as economic stimulus is that they take too long: by the time you get around to repairing that bridge and upgrading that rail line, the slump is over and the stimulus isn’t needed. Well, that argument has no force now, since the chances that this slump will be over anytime soon are virtually nil. So let’s get those projects rolling.
Will the next administration do what’s needed to deal with the economic slump? Not if Mr. McCain pulls off an upset. What we need right now is more government spending — but when Mr. McCain was asked in one of the debates how he would deal with the economic crisis, he answered: “Well, the first thing we have to do is get spending under control.”
If Barack Obama becomes president, he won’t have the same knee-jerk opposition to spending. But he will face a chorus of inside-the-Beltway types telling him that he has to be responsible, that the big deficits the government will run next year if it does the right thing are unacceptable.
SAVE THE DATENovember 1st and 2nd, 2008Barack 'da Vote"ObamaFest, Barack 'da Vote will be a Weekend Music Marathon event starting at Saturday at The Embankment, Erie at 10th Street in downtown Jersey City from 6pm till closing at 3am and Sunday at Sanai's in Journal Square at 510 Summit Ave. (across from Berger King/Dunkin Donuts) from 10am Brunch till 8pm.
Signing-up English, Spanish, all languages Performers now ! Fine artists and musicians, bands, poets, story tellers, etc. etc.
(CNN) -- Former Secretary of State Colin Powell announced Sunday that he will be voting for Sen. Barack Obama, citing the Democrat's "ability to inspire" and the "inclusive nature of his campaign."
Former Secretary of State Colin Powell says he is voting for Barack Obama.
"He has both style and substance. I think he is a transformational figure," Powell said on NBC's "Meet the Press."
"Obama displayed a steadiness. Showed intellectual vigor. He has a definitive way of doing business that will do us well," Powell said.
Powell, a retired U.S. general and a Republican, was once seen as a possible presidential candidate himself.
Powell said he questioned Sen. John McCain's judgment in picking Gov. Sarah Palin as his running mate because he doesn't think she is ready to be president.
He also said he was disappointed with some of McCain's campaign tactics, such as bringing up Obama's ties to former 1960s radical Bill Ayers.
Powell served as secretary of state under President Bush from 2001 to 2005.
The notion of a Powell endorsement has been rumored for several months.
On August 13, Powell's office denied a report on Fox by commentator Bill Kristol that Powell had decided to publicly back Obama at the Democratic National Convention.
Several sources said at the time that Powell had not made a decision about a possible endorsement.
"As always, he is holding his cards close and waiting for more information," one adviser told CNN's John King in August.
Powell himself brushed off queries on any potential presidential nod but told ABC News on August 13 that he would not be going to Denver, Colorado, for the convention.
"I do not have time to waste on Bill Kristol's musings," he said. "I am not going to the convention. I have made this clear."
In February, Powell told CNN's Wolf Blitzer that he was weighing an endorsement of a Democratic or independent candidate.
"I am keeping my options open at the moment," Powell said.
"I have voted for members of both parties in the course of my adult life. And as I said earlier, I will vote for the candidate I think can do the best job for America, whether that candidate is a Republican, a Democrat or an independent," he added.
Powell has offered praise for Obama, calling him an "exciting person on the political stage."
"He has energized a lot of people in America," said Powell, who briefly weighed his own run for the White House in the mid-1990s. "He has energized a lot of people around the world. And so I think he is worth listening to and seeing what he stands for."
Powell's adviser has said that "he likes and admires John McCain, and that would be a factor in anything he does if he decides to get more involved."
Another source close to Powell said he has known the Republican nominee for more than three decades "and likes him and is looking for a reason to vote for him. He hasn't found it yet."
The former general, who has largely steered clear of politics since leaving the Bush administration, noted that the next president will need to work to restore America's standing in the world.
Powell gave the keynote address at the Republican National Convention in support of George W. Bush in 2000.
"I will ultimately vote for the person I believe brings to the American people the kind of vision the American people want to see for the next four years," he said. "A vision that reaches out to the rest of the world, that starts to restore confidence in America, that starts to restore favorable ratings to America. Frankly, we've lost a lot in recent years."
Powell's adviser also said at the time that the vice presidential picks for both candidates would be a major factor in his decision, both for the quality of each man's running mate and for what sort of "signal that choice sends about the character and judgment of the candidate."
Dear Lou,I feel I can't refrain myself anymore, and need to write this message after having watched your show today. Since “Lou Dobbs Tonight” airs at a convenient time family-wise, I have been watching it for most of the year. I have always found it much too centered on yourself, has always been exasperated by your interrupting and not letting finish your guests in order to make your angry/biased remarks (and polls in which you use the most misleading wordings I have ever seen), and always suspected you to be a very conservative Republican in disguise. Amid all this, I “tolerated” your show as a background noise, and also to hear from different sources. Today is the last straw. It is very clear that you dislike Senator Obama, and are angry about his rise. But, as the last example of your hypocrisy, you said that he is an elitist (again), and does not respect “Joe the plumber” which is (again) way too coincidentally in tune with the Republican’s campaign. Obama accuses McCain to use Joe to make people think that his plans are better for the middle class, and states that it is very likely that Joe makes less than $250,000 (which means that he would benefit from Obama’s tax cut). You subsequently reproached to Obama to have meant that a plumber was not entitled to make more than $250,000… Either you are trying to manipulate people’s opinion, or you don’t understand plain English. Take it from me, a non-American legally living in the US (nobody’s perfect, me even less probably for you: I am French), I don’t know what part of “do you know many plumbers who make more than $250,000?” you don’t understand, but it has nothing to do with a plumber being entitled to earn that kind of money. What bothers me is not even your tone or your opinion; it is your self-positioning as “Mr Independent”. Message repetition has a clear impact on perception, and I bet that a lot of voters, and probably independent voters, actually perceive you as being a real independent. This means that you are in the position of potentially helping McCain’s campaign, by making him the right candidate for independents, through attacks aimed at Obama and…. Bush’s administration. Easy! Your populist strategy, in the way that you simply play on people’s hot buttons to make them agree with you and like you, is a mock one. You know that your impact would be less if you admitted to be on McCain’s side, you thus choose to manipulate and lie. It is incredible that CNN allows you to do that, and I will use all means of communication to spread the word. Once again, it’s not about what you say, it’s who you pretend to be. I still hope that you will either balance your comments, or do your political coming-out, for the sake of honesty and ethics.Best,Olivier
