Comments on: Do voters need to know who is next? http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/ Get to grips with the issues affecting world business Wed, 16 Dec 2009 20:43:39 +0000 http://wordpress.com/ hourly 1 By: Pingala http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4396 Pingala Thu, 09 Oct 2008 11:08:24 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4396 Why the media compares this financial meltdown to the great depression of 1930s where there was no 401K, no jobs/production going to China, no internet to gamble on stockmarket, no greedy CEOs who only look at numbers rather than employees and products? Why the media compares this financial meltdown to the great depression of 1930s where there was no 401K, no jobs/production going to China, no internet to gamble on stockmarket, no greedy CEOs who only look at numbers rather than employees and products?

]]> By: Dianne Darby http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4192 Dianne Darby Tue, 07 Oct 2008 09:46:56 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4192 I want to see everyone in this country urge congress to move to paper ballots for our upcoming presidential election. I recently listened to an interview with Stephen Spoonamore about electronic voting machines and how they can be manipulated. This is frightening to me. I believe other elections in the past were possibly controlled. I'm just an average citizen, who's usually an observer. This time I feel it is imperitive that I get involved. There is too much at stake. I want to know that this election, whatever the outcome, is real and honest. Voting for those who govern us and hopefully have our best interests at heart , is something we should feel good about not be afraid of getting swindled yet again. The American people need to stand up and fight for our rights in honor of those who fought before us and in commitment to children of the future. Please go to Moveon.org and sign the petition for paper ballots. Real people counting real votes! I want to see everyone in this country urge congress to move to paper ballots for our upcoming presidential election. I recently listened to an interview with Stephen Spoonamore about electronic voting machines and how they can be manipulated. This is frightening to me. I believe other elections in the past were possibly controlled. I'm just an average citizen, who's usually an observer. This time I feel it is imperitive that I get involved. There is too much at stake. I want to know that this election, whatever the outcome, is real and honest. Voting for those who govern us and hopefully have our best interests at heart , is something we should feel good about not be afraid of getting swindled yet again. The American people need to stand up and fight for our rights in honor of those who fought before us and in commitment to children of the future. Please go to Moveon.org and sign the petition for paper ballots. Real people counting real votes!

]]> By: S R Mirle http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4148 S R Mirle Mon, 06 Oct 2008 16:21:06 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4148 Sir, I do not subscribe to the theory “though the `Wall Street’ does not deserve it, it must be bailed out as `Main Street’ is hurting”. We have simply forgotten that it is the “Main Street” that makes “Wall Street”. The tail does not wag the dog. Every economy has a broad band of efficiency within which it functions. Growth occurs when it functions at an optimum level and de-growth is the result when it operates at a lower band. No matter what you do, the economy cannot function beyond OR below this band. The genesis of the present crisis lies in the assumption that “Wall Street” can make “Main Street”, when it tried to attempt financial re-engineering by resorting to excessive leveraging and making the economy to work beyond the band of efficiency within which it can function. As can be expected, the system collapsed under its own weight at some point. Most certainly the financial system in its present form has failed and it is in the best interest of the economy that the “Wall Street” is allowed to die a decent death and allowed to RIP. Instead the Treasury would do well to spend the $ 700 b on “Main Street”. Sir,
I do not subscribe to the theory “though the `Wall Street’ does not deserve it, it must be bailed out as `Main Street’ is hurting”.
We have simply forgotten that it is the “Main Street” that makes “Wall Street”. The tail does not wag the dog.
Every economy has a broad band of efficiency within which it functions. Growth occurs when it functions at an optimum level and de-growth is the result when it operates at a lower band. No matter what you do, the economy cannot function beyond OR below this band.
The genesis of the present crisis lies in the assumption that “Wall Street” can make “Main Street”, when it tried to attempt financial re-engineering by resorting to excessive leveraging and making the economy to work beyond the band of efficiency within which it can function. As can be expected, the system collapsed under its own weight at some point.
Most certainly the financial system in its present form has failed and it is in the best interest of the economy that the “Wall Street” is allowed to die a decent death and allowed to RIP. Instead the Treasury would do well to spend the $ 700 b on “Main Street”.

]]> By: Lance http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4120 Lance Sun, 05 Oct 2008 09:14:47 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4120 YES!! And all the supposed cabinet members!! YES!! And all the supposed cabinet members!!

]]> By: Salomon http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4118 Salomon Sun, 05 Oct 2008 07:10:43 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4118 Maggie, as a spaniard I can't cast my vote in the next american presidential election, how I would like to though!. Only to inform that in the last general election in Spain last march, the would-be Treasure Secretaries of the two biggest parties played a major role in the campaign in fact they had a much watched debate, the result of which was believed very important for the election result. Maggie, as a spaniard I can't cast my vote in the next american presidential election, how I would like to though!. Only to inform that in the last general election in Spain last march, the would-be Treasure Secretaries of the two biggest parties played a major role in the campaign in fact they had a much watched debate, the result of which was believed very important for the election result.

]]> By: Peter G. http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4115 Peter G. Sun, 05 Oct 2008 00:06:37 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4115 Interesting idea to make pre-selection of cabinet members mandatory. I for one would very much like to see that a reality. However... ...if it were so, I'm afraid it would just add one more target to each side for media scrutiny and smear ads. More petty distractions which would probably discourage many competent (and busy) professionals from ever considering a cabinet post. I still love the idea. Though I would look (and am looking) to the business community & media to help me come up with a possible cabinet short-list to up my comfort level a bit. ...or to at least get a sense of their views and judgment based on who's counseling 'em. My choice of candidate for the 08 election has been in huge part due to his choice of economic advisers! So who are they talking too?? ...tell us 360 team!! By the way... ...could start by filling us in on the story of Timothy Geithner. ...and should I be afraid, very afraid, of Phil Gramm? I await your fine reporting! Interesting idea to make pre-selection of cabinet members mandatory. I for one would very much like to see that a reality.

However...
...if it were so, I'm afraid it would just add one more target to each side for media scrutiny and smear ads. More petty distractions which would probably discourage many competent (and busy) professionals from ever considering a cabinet post.

I still love the idea. Though I would look (and am looking) to the business community & media to help me come up with a possible cabinet short-list to up my comfort level a bit. ...or to at least get a sense of their views and judgment based on who's counseling 'em.
My choice of candidate for the 08 election has been in huge part due to his choice of economic advisers! So who are they talking too?? ...tell us 360 team!!

By the way...
...could start by filling us in on the story of Timothy Geithner.
...and should I be afraid, very afraid, of Phil Gramm?

I await your fine reporting!

]]> By: Patricia http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4114 Patricia Sun, 05 Oct 2008 00:01:19 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4114 Paulson will take good care of U.S presidency. Paulson will take good care of U.S presidency.

]]> By: Patrick of Ohio http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4108 Patrick of Ohio Sat, 04 Oct 2008 19:45:12 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4108 While yes, after this bailout it will matter immensely who our secretary of the treasurey is, considerring he or she shall control that 810 billion dollars we're spending. I think it still matters who the president is first and foremost though seeing as he can ultimately pass or veto giving such powers to the secretary. Then we have to remember how both candidates push to rush both the first and the second bailout. How both were in on the talks of making this bill. Then how both voted to pass this bill into law knowing it is earmark-laden and an ultimately risky and crappy deal for Americans, as well as leaving CEOs in their spots to potentially do this to us again. Wake up, our candidates are serving their special interests and campaign contributors. It is time for Obama and McCain to retire, both are in need of a big reality check in the form of losing the presidential elections and their senate seats. We the people got the power to do this, let us make this happen. Do we risk McCain making Paulson the Secretary of the Treasury for four more years? Do we risk Obama pardoning Tony Rezko or one of his other Chicago underworld cronies to put in charge of our money? No, we vote third party and our fellow Americans wake up and realize their bad deal and realize they can choose between more people too. Check out the third party candidates, heck, while you're at it check out Ron Paul he foresaw and has tried (but of course been stomped out by washington and had his many proposals killed in committees) to stop this beast from being set loose. Cry corruption! And slip the dogs of free elections. While yes, after this bailout it will matter immensely who our secretary of the treasurey is, considerring he or she shall control that 810 billion dollars we're spending. I think it still matters who the president is first and foremost though seeing as he can ultimately pass or veto giving such powers to the secretary. Then we have to remember how both candidates push to rush both the first and the second bailout. How both were in on the talks of making this bill. Then how both voted to pass this bill into law knowing it is earmark-laden and an ultimately risky and crappy deal for Americans, as well as leaving CEOs in their spots to potentially do this to us again.

Wake up, our candidates are serving their special interests and campaign contributors. It is time for Obama and McCain to retire, both are in need of a big reality check in the form of losing the presidential elections and their senate seats. We the people got the power to do this, let us make this happen. Do we risk McCain making Paulson the Secretary of the Treasury for four more years? Do we risk Obama pardoning Tony Rezko or one of his other Chicago underworld cronies to put in charge of our money? No, we vote third party and our fellow Americans wake up and realize their bad deal and realize they can choose between more people too. Check out the third party candidates, heck, while you're at it check out Ron Paul he foresaw and has tried (but of course been stomped out by washington and had his many proposals killed in committees) to stop this beast from being set loose.

Cry corruption! And slip the dogs of free elections.

]]> By: frank http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4104 frank Sat, 04 Oct 2008 18:44:50 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4104 No, knowing the vp is quite enough. Adding treasury secretary will just become an earmark election. Next other will want to know who will be foreign secretary and then add their pre conditions ,I mean earmarks. Next someone wants to know who is going to be defense secretary and who is going to be homeland security head and Chairman of the Joint Chiefs of Staff. Next someone wants a list of all the judges the president might want for the supreme court. Before you know it , a whole cabinet and judicial system is running and campaigning with the candidate. Everyone has to make promises on the side, before you know it the president is working for a cabinet who made all kinds of promises to get elected. That is a start of a third world style of election. Stick to the president and VP. Let the president decide after the election what his cabinet looks like. Let the Senate deal with the approvals of the presidents choices. Do not change the formula. No, knowing the vp is quite enough.
Adding treasury secretary will just become an earmark election.
Next other will want to know who will be foreign secretary and then add their pre conditions ,I mean earmarks. Next someone wants to know who is going to be defense secretary and who is going to be homeland security head and Chairman of the Joint Chiefs of Staff. Next someone wants a list of all the judges the president might want for the supreme court. Before you know it , a whole cabinet and judicial system is running and campaigning with the candidate. Everyone has to make promises on the side, before you know it the president is working for a cabinet who made all kinds of promises to get elected. That is a start of a third world style of election. Stick to the president and VP. Let the president decide after the election what his cabinet looks like.
Let the Senate deal with the approvals of the presidents choices.
Do not change the formula.

]]> By: Brian http://business.blogs.cnn.com/2008/10/04/do-voters-need-to-know-who-is-next/#comment-4097 Brian Sat, 04 Oct 2008 17:19:16 +0000 http://cnnibusiness.wordpress.com/?p=384#comment-4097 Here's yet one more comment on this bailout... it will not help Main Street Americans, the very working men and women of this country that both political parties are now signing about with wonderous praise! (or is it love of our wallets and assets we have scratched out). More Financial Market talking heads appearing to now blame "the Goverment" for this mess (what about all those financial lobbists that pushed Bush for unfettered operational freedom?). Where are the Captains of Wall Street now? I suspect thay are slinking away to their safety ,out of the lime light. Both Political parties have robbed main street Americans last week with all the Pork that was added. I agree with many other working Americans... may they choke on the pork the next election cycle. This package has only helped those that control the finacial markets. What a deal, now the credit market is lubed so middle Americans can continue to pile up debt . When it smells like poo... Brian Here's yet one more comment on this bailout... it will not help Main Street Americans, the very working men and women of this country that both political parties are now signing about with wonderous praise! (or is it love of our wallets and assets we have scratched out).
More Financial Market talking heads appearing to now blame "the Goverment" for this mess (what about all those financial lobbists that pushed Bush for unfettered operational freedom?).
Where are the Captains of Wall Street now? I suspect thay are slinking away to their safety ,out of the lime light.

Both Political parties have robbed main street Americans last week with all the Pork that was added. I agree with many other working Americans... may they choke on the pork the next election cycle. This package has only helped those that control the finacial markets. What a deal, now the credit market is lubed so middle Americans can continue to pile up debt . When it smells like poo...
Brian

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