Only way to do that is to create a new system of currency . Right now the only way to create money is for there to be a debt . Debt is the total amount of America Dollars . Which contributes to National Debt . Here is a great story on how our economy works . http://mises.org/story/2114 So as far as slowdown goes can nothing be done as if we got rid of the national debt our system would fall . And with a high national debt are money is worthless essentially . It is alot more complicated than that . But barrack your savor has no enfluence in that.
yes... quoted one of the answer.... he is a martian.... http://urbanlegends.about.com/od/barackobama/a/obama_citizen.htm
I am so pleased that on such a day of hope for us around the world that finally America appears to have taken her head out of her posterior and IS a better place, a democracy, a country where the peoples voice is heard - that on this morning I am able to wake up to such cheerful thoughts. You truly are a ray of sunshine. I bet all your friends call you smiler. See, last nights result makes us non-Americans believe that perhaps you aren't all as dim as Bush has made you look, but then you come here talking nonsense about Hitler and currency...and we realise that perhaps Bush is not the only thicko in your great land. Hitlers thirst for power came at a time when the German country was not only on its knees, but had the world standing on its neck. The whole country was in such dire straits that so long as the leader appeared to be strong and making progress, the Germans were (for the most part) willing to tolerate the other moves to consolidate power. In addition there was only one legislative branch, making it easier to silence, and the press was nowhere near as active or as quick as in todays world. Believe it or not, America is not quite on her knees, let alone in the straits of Germany in the 1930's. It is quite saddening that you think so little of your own countries democratic process that you believe the transition from President to dictator is even possible. You can distort facts and slightly misinterpret them as much as you like, but at some point reality has to kick in. Your posts regarding Obama and Hitler would make me smile if I did not think that you truly believe every word you write. Today is a good day for the world. And it looks like tomorrow will be a great time for America
Actually my economic background is astounding and we do create currency via debt . Why not do some research on the matter before you ignorantly try to post something as wrong. There is this place called google try looking up . Better yet here is a school video to introduce kids to the process . http://video.google.com/videoplay?docid=-9050474362583451279 So please do not speak on matters you think you know of if you do not . As far as the dictator ship goes time will tell and I will st back and say I told you so . As far as economics goes I use to teach economics till I got laid off due to teacher cut backs . So that is a battle you can not win . I commend you as you do not sound as ignorant as most people on DP when it comes to politics . But still you have no clue of economics and it does show .
damned with faint praise I feel. No clue of economics? OK, you tell yourself whatever you like. The total amount of American Dolars is "cash on hand", not debt. The portion of American Dollars which does not have tangible goods or value belonging to the United States is the amount of debt. I think you are deliberately obfuscating issues. National Debt is a tag given to the debt a government owes, and also to the debt the entire populace of an economy owes and also to the balance of trade running total. These are three completely separate things. Either of the first two would create currency, whilst being two completely different methods to achieve economic stimulus. And to say the only way of stimulating an economy is to spend money or increase lending to business and individuals to create money is simply wrong. Whilst this is undoubtedly the SIMPLEST method of stimulating an economy, it is by no means the only means of doing so. The current economic climate is very largely being created by peoples pessimistic outlook for the near future. Change peoples opinions on the near future, and it becomes a self fulfilling prophecy. My main point with you was firstly that the analogy of Obama and Hitler is outlandish at best. Your currency comment, whilst not one I can completely agree with I only criticised for its doomy tone....maybe its justified, but I'm an eternal optimist.....You may well know lots about economics, that does not mean you are always correct. I don't doubt Hitler and Lenin and Pol Pot all knew a heck of a lot about politics...this does not mean their views on the topic were necessarily correct either. The only way to expand knowledge is to be open to the thoughts of others. To say "I know lots therefore you are wrong" is base ignorance. Then you allow what you fear to happen. If you truly believe a dictatorship is on its way, then sitting back and watching is the worst possible course of action.
I'm not an Obama supporter, but congratulations to him. I am curious to see if he really will bring about the "change" that he has professed is coming. I only hope that if he does, it is a change for the better. It's kind of hard to get worse, but it can be done.
It's sad that this is the best America can do. He has repeated voted funding for the war in Iraq (to support the troops ), he voted for the misnamed "Patriot Act," he voted for the $700,000,000 banster bailout. But hey, it's all about the hope Oh, and the change
I would rather Ron Paul had won. As for McCain vs. Obama, from my perspective they are essesntially the same.