Comments on: Obama or McCain: more of the same?

By: Dennis Howlett

Dennis Howlett — Tue, 04 Nov 2008 10:36:02 +0000

@Richard – I need not repeat what I said at the top of the post but will add. As we all know, there is a gulf between what one says one will do when not in power and what happens when the reins of power are handed over.

Who is to say that Obama will be anything different than Blair, Brown or any of the other politicians that have consistently given in to the interests of the finance sector? Change is a wonderful expressions and I really hope you are correct.

Given the history of the past 11 years and more important the concentration of wealth and power we have seen in the last few months as a result of the financial crisis, do you honestly believe that the hands that are behind all this will give up so easily?

Men of good intent have tried before and failed. No-one has yet managed to break the power of the financial institutions, regardless of means.

By: Richard Murphy

Richard Murphy — Tue, 04 Nov 2008 09:20:31 +0000

Dennis

It will be hard for Obama not to deliver on some things

Throughout the campaign he has focussed on tax havens. He has his name on the Stop Tax Haven Abuse Act. These places are key to the bank's business model, and that of the Big 4 come to that. If he delivers (and the public mood is right) then he will change finance, forever

I hope, and pray

But then, you may have noticed I don't duck politics!

Richard Murphy

By: Dennis Howlett

Dennis Howlett — Tue, 04 Nov 2008 07:59:00 +0000

We said the same of Tony Blair and he screwed the country royally in more ways than one, to the point of appointing his own successor – soon to be tossed out of power methinks.

By: Krish

Krish — Tue, 04 Nov 2008 07:15:49 +0000

Quite possible. My other worry is the filibusterproof majority for democrats. It is the surefire way to hand the power back to republicans in 2010.

By: Krish

Krish — Tue, 04 Nov 2008 06:55:34 +0000

@Chris, If what Obama told the Marc Anderseen’s group holds true, he will rise up to the challenge. I do agree that election campaign and running the country are two different things but if Obama’s focus on running the campaign is any indication and if he shows the same kinda focus on solving people’s problems, I think Obama will end up being one of the best presidents we ever had.

By: Chris Yeh

Chris Yeh — Mon, 03 Nov 2008 19:14:46 +0000

I’ve been seeing more and more of the Obama/Blair comparisons. I’ve also warned folks that in 2000, George W. Bush was seen as a bipartisan reformer who would bring compassionate to conservatism.

I guess there’s only one way to find out! Here’s to hoping that Obama rises to the challenge.

By: Dennis Howlett

Dennis Howlett — Mon, 03 Nov 2008 18:30:25 +0000

@Krich – I did say it was dangerous territory and I can only go on what I see from 5K miles distance. Perhaps I should have said: “allegedly”…but your point is well taken.

By: Krish

Krish — Mon, 03 Nov 2008 18:24:22 +0000

Do you seriously think Sarah Palin cleaned up corruption in Alaska. All she did is to replace the corruption by grey haired Alaskan legislators with one of her own. She needs to come clean on misusing govt. money for flying her family, firing people for personal vendetta, etc.. She needs to come clean on how she built her house.