Obama needs to not be a retard with the economy

Obama and the Republicans have their own individual ideas as to what is best for the American economy. If the republicans had a plan, why are they waiting until now to present it ? Are you telling me that there was this magic plan hidden all this time and NOW is the time to unveil it ? Weren't the republicans in charge when the economy went into the crapper ? It's time to sit back and l2country

http://www.npr.org/templates/story/story.php?storyId=99944897

Obama just got here. I'm sure his plan is wonderful in so many ways it will make me want to cry like a little German school girl and masturbate in-front of my cousin.

K, so here's the Obama plan:
http://www.whitehouse.gov/agenda/economy/

It's a good plan, but there's a few things that need to be pointed out.

It's not just the American economy that's suffering, it's the whole world. This is an example of how we are evolving into a world economy. When we hurt, other countries hurt, therefore the inverse of that is true as well. Sometimes, the best way to help yourself is to help someone else for no reason, other then just to help.

The reason the economy is in such bad shape is because property was valued much higher then it actually was and paper was written against that property, creating money and pumping it into the economy. This caused our money to become worth less and less, because the money was all in the form of notes backed by mortgage payers.

Also, if you've ever had a white collar job in America (government or private sector) you would know that:

• most people are work, aren't working.
  
• people in-charge aren't usually good at being in-charge.
• work is more about control, power and politics then actually getting things done.
• no one really cares
• meetings are like the special olypics, reguarless of what is discussed, everyone is still retarded.
• No matter how many employees there are, there are only a handful responsible for the company's income.

Generally, I have a hard time believing that any organization that doesn't create a measure of value to the world, it can not be truly self-sustaining. 

Finally, the last cause of the crap economy are these wtf banks that don't really have nearly as much money as they lend, and charge waaay to much interest to high risk lenders, then sell the debt for pennies on the dollar to collection agencies, whom hire a bunch of dickholes that annoy the crap out of people by calling them and getting 10% of these people to pay 50% of their original debt. This process devalues money.

How do we 'REALLY' fix it ?

Simple, if you want to create value, you have to create value.

Playing the world of warcraft for as long as I have in the past, I've learned a few things about economy. There's 2 types of money. Money that's created out of thin air and money that already exists that is exchanged. The more money you create out of thin air, the less it's worth. The more money people are willing to pay for something, the more it's worth. The government knows how many US dollars are in existance and where all the dollars are. The government can control 'some' of this money and create as much as they want. If they create 900 billion dollars, they have to try and freeze that much in existance. If this money goes into funding companies and organizations that create value which will hire people, those people will be employed, should be encouraged to purchase homes and will undoubtedly fuel the consumer driven companies.

If Obama looses focus on creating this value, the whineing republicans will be correct in that this package that's going out will do nothing but create more debt. At this point, our debt doesn't really matter, our economy is clearly tied to the rest of the world already, and as China, India and the rest of the fast paced countries begin to develop their economies, it will bolster ours and vice-versa.

If not, our debt gets bigger, but who really cares because if anyone tries to forcefully collect on their debt, they will just be met with our republican wrath.