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Now we have both. How lucky can we get?

check this out, good or bad?

http://www.cnn.com/2009/POLITICS/03/03/endangered.species.act/index.html

WASHINGTON (CNN) -- President Obama on Tuesday overturned a last-minute Bush administration regulation that many environmentalists claim weakened the Endangered Species Act.


President Obama, with Interior Secretary Ken Salazar, marked the agency's 160th birthday Tuesday.

The regulation, issued a few weeks before George W. Bush left office, made it easier for federal agencies to skip consultations with government scientists before launching projects that could affect endangered wildlife.

By overturning the regulation, Obama said during an enthusiastic reception at the Interior Department, he had restored "the scientific process to its rightful place at the heart of the Endangered Species Act, a process undermined by past administrations."

Under the Bush administration rule, there was no need for a federal agency to consult with the U.S. Fish and Wildlife Service or the National Marine Fisheries Services if that agency determined that no harm would come to an endangered species as a result of its project.

But the determination of what "no harm" meant rested with agency bureaucrats instead of scientists.

Obama issued a memorandum that effectively suspends the regulation while ordering a review to determine whether it promotes "the purposes of the [Endangered Species Act]."

more in link

OK. If that is the marker for good vs evil...how much did the market shed during Clinton's presidency? During Bush's presidency?

Pres Bush set the bar pretty high when it came to the defict spending that is the root of this economic meltdown......Pres Obama seems just guy to beat him out....



Casey

To ignore our own collective responsibility for this current mess, is to ignore the naked emporer. This economy is also suffering the death of a thousand cuts- millions of people who were greedy and/or stupid.

An economy is a feedback loop to some degree. In our exuberance, we overshot the mark and overheated. We've blown a fuse. Things are correcting to a more normal state, via an overcorrection first that ain't gonna be no fun for anyone.

As the wise man said:

"Took a long time to build that wall;
Take a long time to tear it down...!"

You are clueless.

You are parasitic.

And you are ignorant as well.

Isn't it getting to be that time of night where you pray to Obama?

but Lincoln is Rush Bimbo's hero

see the link:
http://www.lewrockwell.com/orig7/perdue1.html

Don't rush him now, he's working on it, real hard too.

So Rush is an entertainer who appears to have conservative leanings, doesn't make him a historian...
The only positive thing that Lincoln did was a half ass battle with the international/central banks... aside from that he was a terrible President...

I have to include Richard M Nixon on any worst list. His capitulation/olive branching to China has cost us most manufacturing jobs and put us in their debt. All for a country ruled by thugs who got their rule by blood and terror and continue it. Clinton did not help any.

Good point... Nixon had crazy ideas about price fixing, ties to the Soviets and don't forget about his poor efforts exposing communist in the State Dept back in the 50's. NIXON's biggest fault was the Secretary of State... Henry "the traitor" Kissinger...nothing but a rockerfeller suckas- who betrayed our MIA's in southeast asia and promoted the "metal illness" called "globalism"...

It may be easier finding the 3 or 4 great Presidents...

Washingon, Jefferson, Jackson, Reagan...

Can't blame it all on old bamer.

Look at what the dimies did to CA. Can they do it to the USA? Most people never thought it could happen to CA. Never underestimate the power of stupidity when it is coupled with passionate self-righteousness.

Just heard that the chief of the FDIC announced if the banks keep falling the FDIC will be out of funds by the years end. Social security and government pensions can't be too far behind. Too bad we can't rollover 401ks and IRAs into the Swiss banks.

A good friend of mine, who is now deceased, must have foersaw this. He bought up cases of ammo, ARs, AKs, sniping rifles, and survival gear. He was well prepared for the war he saw coming. He just died too soon.

Too bad old Col Gritz is no longer offering the SPIKE classes. We just might need those skills in the coming years.

Maybe we can all emmigrate to Zimbabwe.

I liked Bo.

Bo is a great soilder. We are a Nation betrayed.

Just another comment on GWB. I think it is way too early to categorize his presidency in any meaningful way. It will take time to see the results of the Irag War, the big spending, homeland security, and other things he did or didn't do with problems such as immigration, the border, etc. We can certainly criticize this and that but it will take the context of history to get the big picture and place him appropriately in any rating with other past presidents. I certainly thought we'd be hit by the terrorists again by this time; perhaps a so-called low grade target such as a mall or sporting event. I think that speaks to the damage done to the enemy and security at home.

Similarly, such is the case with Obama. While right now I personally feel like I've been muggged by him, if the economy turns around, he will make Einstein look like a special needs child whether the economy was righted by his moves or not. It will be attributed to him. On the other hand it looks like we went from a republic to a European socialist country in about two months. While many obviously don't think that's bad, I do.

True, but shortsighted.

"We" never could have "overheated" without help from the Federal Reserve, coercively holding interest rates below market values. Ditch the Fed (or repeal the legal tender laws, which would have the same general effect), and naturally-occurring free-market interest rates will serve to regulate the economy much better than the State can.

I dunno Steve... market activity is largely irrational - but I guess it could be said that there are a myriad of factors which can "spook" the market. One possible factor is unemployment - people without jobs tend to invest less, or even sell off assets to create liquidity to cover basic necessities, cut their losses, etc. I believe economists consider unemployment to be a "lagging indicator" - i.e. it comes about LONG after the initial economic damage is done.

I imagine there are a host of other lagging indicators which effect market behavior.

Every president has dome some good and some bad. Over time I think people tend to forget the bad. Like Jimmy Carter is a good man but was a horrible president and Richard Nixon wasn't a bad president but a man with no morals to speak of. I think GW Bush did a very bad job as president but is probably a decent sort of guy. I think his biggest mistake was not hiring advisers that were way smarter than him and then listening to them.