Comments on: Obama Wins! Now He Has to Get it Right. http://www.businesspundit.com/obama-wins-now-he-has-to-get-it-right/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 03 Feb 2012 07:09:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Drea http://www.businesspundit.com/obama-wins-now-he-has-to-get-it-right/comment-page-1/#comment-10338 Drea Wed, 05 Nov 2008 22:32:56 +0000 http://www.businesspundit.com/?p=6334#comment-10338 Alan, Great points. What would those new financial institutions look like--public or private? What are the best ways to invest in our country's long-term future? How can we stay globally competitive while keeping jobs at home? I'd love to hear your insight. Alan,

Great points. What would those new financial institutions look like–public or private? What are the best ways to invest in our country’s long-term future? How can we stay globally competitive while keeping jobs at home? I’d love to hear your insight.

]]> By: Alan http://www.businesspundit.com/obama-wins-now-he-has-to-get-it-right/comment-page-1/#comment-10337 Alan Wed, 05 Nov 2008 22:15:24 +0000 http://www.businesspundit.com/?p=6334#comment-10337 Free Trade & Globalism caused ever-growing trade deficits and US Dollars to pile up offshore, then foreign investors got taken to the cleaners by Wall Street bankers and their unregulated, flim flam derivative schemes. Combined with Enron/Arthur Anderson, the Bush Administration, and the Oil War in Iraq, the rest of the world has learned the hard way not to trust an American banker, businessman, or politician. So, if we want to lure some of those off-shore dollars back as real investments instead of more debt fuel, we are either going to have to give foreign investors a seat at the boardroom table where they can keep an eye on our devious business practices OR create some new financial institutions that feature real transparency, sound social & economic values, and honest dealings. What we need most from President-elect Obama is to either make clear the changes necessary to get globalism to work for ALL the people OR get us all to rethink the relative merits of Free Trade vs. Balanced Trade as a guiding principle. Because another boatload of cash is leaving the dock heading East, and, right now, it probably won't come back except as more loans to the Federal Government or to buy up some US industrial assets and ship them somewhere else. How long are we supposed to subscribe to an economic theory that is draining real wealth from our country and replacing it with monthly doses of additional indebtedness? When are we going to start to invest in our own country's long-term future and stop encouraging productive companies to off-shore themselves and leave society to fend for itself? Free Trade & Globalism caused ever-growing trade deficits and US Dollars to pile up offshore, then foreign investors got taken to the cleaners by Wall Street bankers and their unregulated, flim flam derivative schemes. Combined with Enron/Arthur Anderson, the Bush Administration, and the Oil War in Iraq, the rest of the world has learned the hard way not to trust an American banker, businessman, or politician. So, if we want to lure some of those off-shore dollars back as real investments instead of more debt fuel, we are either going to have to give foreign investors a seat at the boardroom table where they can keep an eye on our devious business practices OR create some new financial institutions that feature real transparency, sound social & economic values, and honest dealings. What we need most from President-elect Obama is to either make clear the changes necessary to get globalism to work for ALL the people OR get us all to rethink the relative merits of Free Trade vs. Balanced Trade as a guiding principle. Because another boatload of cash is leaving the dock heading East, and, right now, it probably won’t come back except as more loans to the Federal Government or to buy up some US industrial assets and ship them somewhere else. How long are we supposed to subscribe to an economic theory that is draining real wealth from our country and replacing it with monthly doses of additional indebtedness? When are we going to start to invest in our own country’s long-term future and stop encouraging productive companies to off-shore themselves and leave society to fend for itself?

]]> By: Drea http://www.businesspundit.com/obama-wins-now-he-has-to-get-it-right/comment-page-1/#comment-10335 Drea Wed, 05 Nov 2008 21:10:07 +0000 http://www.businesspundit.com/?p=6334#comment-10335 Devin, good point. I feel safe using the "landslide" terminology because it could refer to an electoral college victory or the popular vote. I agree that the pop. vote was much closer... Devin, good point. I feel safe using the “landslide” terminology because it could refer to an electoral college victory or the popular vote. I agree that the pop. vote was much closer…

]]> By: Devin http://www.businesspundit.com/obama-wins-now-he-has-to-get-it-right/comment-page-1/#comment-10332 Devin Wed, 05 Nov 2008 19:08:24 +0000 http://www.businesspundit.com/?p=6334#comment-10332 Drea, I would not call his victory a landslide. True, he beat McCain with many electoral votes, but he only had a 8m margin win in the popular vote. I would not call that a landslide victory. Drea, I would not call his victory a landslide. True, he beat McCain with many electoral votes, but he only had a 8m margin win in the popular vote. I would not call that a landslide victory.

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