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Bailing out the world
November 11th, 2008 by Rob Smith, Jr.

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I am extemely worried about those that seem to think that Obama will make their economic life back to its free spending days as soon as he enters office. Obama will not do this. McCain could not do this. None of the former Presidential candidatesĀ could do this.

This is going to take time. Time to settle the US debt, the enormous amount of business debt and the individual American debt. I’ve been talking and drawing about this for years. Settle the debt and we can play a bit more again. This will take years. No matter what is done, it will take years.

If Obama takes the FDR route, with WPA and CCC projects, he could do what FDR did and prolong the bad economic times for a decade or more. Please remember it took World War II to get us out of the mess FDR created. Based on things Obama said during the campaign, increasing military actions and war seem to be a factors in his plans to make the economy better.

The words Joe Biden said about the new administration being threatened missed the critical words he said at the end of that statement. Words the media continuously snipped off when playing it. Those words are that the Obama administration may make decisions that are not popular with Americans and they’ll need backing for Obama no matter what they do. Those words need to be heeded. Obama backers I’ve spoken to have unrealistic views of what he might do. They truly think he’s God like. I wish Obama would make a speech to help ease these folks back to earth. It would truly help the country and better prepare them for far rougher times ahead.

A good deal of theĀ American people, especially the young ones, think that answers are a push button away. Real life is not a push button answer. Americans are about to be reminded of that. I just hope they’ll keep their heads with Obama, the American government and their community when that happens.


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