Monday, November 17, 2008

My Qs, Obama’s As and My 2 Cents

Bolded excerpts are questions from my Post on 11-07-08. Obama's answers are from his interview last night.

My Question: We are at war, and I have no idea whether Obama is worthy of the position of “Commander in Chief”. I have no idea if he will have the fortitude to make the correct decisions during the time that we are most vulnerable – during the transition period from old regime to new.

Obama’s Answer - "I think it's important to get a national security team in place because transition periods are potentially times of vulnerability to a terrorist attack," Obama told CBS' "60 Minutes." "We want to make sure that there is as seamless a transition on national security as possible." The president-elect also said that as soon as he takes office he will work with his security team and the military to draw down U.S. troops in Iraq, shore up Afghanistan and "stamp out al-Qaida once and for all." Obama also said he plans to put al-Qaida leader Osama bin Laden in the crosshairs. "I think capturing or killing bin Laden is a critical aspect of stamping out al-Qaida," Obama said. "He is not just a symbol, he's also the operational leader of an organization that is planning attacks against U.S. targets." The president-elect confirmed reports that he intends to close the detention center at Guantanamo Bay, and "make sure we don't torture" as "part and parcel of an effort to regain America's moral stature in the world."

My reaction: Have fewer troops in Iraq, more in Afghanistan, kill Bin Laden and close down a known torture facility. Bravo!

My Question: I am concerned about the economy, and have no idea what Obama’s qualifications are in leading us through this recession.

Obama’s Answer: He said the economy would have deteriorated even more without the $700 billion bank bailout. Re-regulation is a legislative priority, he said, not to crush "the entrepreneurial spirit and risk-taking of American capitalism" but to "restore a sense of balance."
"There's no doubt that we have not been able yet to reset the confidence in the financial markets and in the consumer markets and among businesses that allow the economy to move forward in a strong way," Obama said. "And my job as president is going to be to make sure that we restore that confidence."
He also said: "We shouldn't worry about the deficit next year or even the year after. ... The most important thing is that we avoid a deepening recession."
While "we have the tools," the president-elect said not enough has been done to address bank foreclosures and distressed homeowners. "We've gotta set up a negotiation between banks and borrowers so that people can stay in their homes," Obama said. "That is going to have an impact on the economy as a whole. And, you know, one thing I'm determined is that if we don't have a clear, focused program for homeowners by the time I take office, we will after I take office."
Obama credited Treasury Secretary Henry Paulson for trying to remedy "an unprecedented crisis" the country hasn't seen since the Great Depression. "Hank Paulson has worked tirelessly under some very difficult circumstances," Obama said. "And I think Hank would be the first one to acknowledge that probably not everything that's been done has worked the way he had hoped it would work."

My reaction – Continue the use deficit spending and the Bank Bailout Plan to stem the recession, shore up the financial markets and keep homeowners in their homes while tightening the regulations that allowed for this mess in the first place. Bravo!

My Question: I care nothing of Obama’s race or Bush’s religion, as long as nothing influences his duties as our leader other than the facts before him.

Obama’s Answer:

My reaction: Bravo!


T. Johnson (aka "24") said...

Bravo to you as well!

One small niggle: the regulations started coming undone under Clinton (with a republican congress), and continued to a significantly larger degree under Bush (also with a republican congress). There's plenty of blame for all, but to cite Clinton and omit the republican congress or Bush makes it appear a bit like someone's GOP might be showing ;-)

T. Johnson (aka "24") said...

Hey! Did you edit Clinton out?

P Bryant (aka JerryMagicKobe) said...

Niggle noted and post ammended. Gee, this 'change' thing is easier than I thought.

T. Johnson (aka "24") said...

You're a good man P!