Archive for January, 2009

Should Obama challenge Palin to visit the south side of Chicago to see what a community organizer does?

Saturday, January 31st, 2009
Obama
Pikachu 62 asked:


Remember when McCain challenged Obama to visit Iraq? Maybe Obama should challenge Palin to visit the south side of Chicago. Then she can visit and maybe think twice about her effort to belittle his time spent as a community organizer. That is, if she’s not afraid of black people.

Greg
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Barak Obama’s Impact on the Stock Market

Friday, January 30th, 2009
Obama
Kelly Parks asked:


I’m not very political nor American, but how the US presidential race is shaping up could really affect all us investors. Republican John McCain looks like he is losing on most fronts and we could see Barack Obama as the new President of the United States. Barack Obama has been quite vocal about his tax and alternative energy stance and this could shake the market right up.

As of right now tax on dividends is only 15% and with Obama looking to raise this to 39.6% we could see a sell off of high yielding stocks. If that wasn’t bad enough Obama is also looking to raise the capital gains tax, making it harder for people to make money from investing in the stock market. Obama has also promised a “Robin Hood” tactic by taxing lower income earners less and higher income owners a lot more. In some cases someone making a 150,000$ dollars a year will be taxed 7% more.

Can America afford all these taxes, especially with the mess already in the financial markets already? People are losing their homes left right and center and Obama is looking to create a tax on selling your home at 28%.

The problem with this, not only for investors but for everyone in America, is that this will not solve the deficit problem at all! In the US currently 38% of all households pay no tax at all. With Obama’s new tax plan this would be up to 50%. If half of America is paying no tax, the economy could be in for a rocky ride even longer. What Obama has proposed is nothing more than a wealth transfer, or an attempt at one anyway.

On election day I will be looking for falling stocks to pick off! Although there is a big push for alternative energy I’m realistic oil is not going to get pushed out anytime soon, even if Obama is against drilling more and with the pull out of Iraq I would be watching both “Lockheed Martin” and “Halliburton” for some crazy lows.

Visa and Mastercard could pull back with Obama’s tough stance on credit card companies that are making too much money.

Look for the opportunities out there!

 

 

Kelly Parks

www.wealthforinvestors.com



Ben
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Obama Promises to Lower Mortgage Costs

Thursday, January 22nd, 2009
Obama
John Marshall asked:


On Saturday, January 31st, President Barack Obama promised America that he would lower mortgage costs as part of the financial rescue package. The exact terms and methods of how he is going to do this has not been disclosed, but in the near future, the entire rescue plan will be released to the public. Many analysts feel that President Obama will ask for even more than the $700 billion to bail out America.  Some predict a number as large as $4 trillion. What exactly does this mean to you?

Well, this is great news to the average American citizen who is struggling in this economy. President Obama recently condemned the executive bonuses that were being distributed to the major players on Wall Street. Like many of us, he feels that individuals should be compensated based on their performance. With many of these financial institutes losing over 75% of their value, these CEOs cannot be performing well as leaders. The president said, “We’ve now learned that people are still getting huge bonuses despite the fact that they’re getting taxpayer money, which, I think, infuriates the public.” Executives of companies receiving federal bailout money will have their pay capped at $500,000 under a financial compensation plan that President Barack Obama announced.

Mr. Obama stated that the proposal will assist the housing crisis which will support credit markets so banks will start lending again. This will greatly benefit small business, car buyers, college students, and real estate markets. Thank you President Obama; hopefully this will work sooner rather than later.



Tiffany
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How will you Obama voters feel if Obama uses his executive privilege to stop all future drilling?

Monday, January 19th, 2009
Obama
Bob G asked:


And, gas shoots over 5 bucks a gallon next year? Will you still be glad you voted for him?

And don’t answer any other question then that. We have had enough of the gas price crunch that seems to have been relieved for now. Obama is starting with a clean slate of gas prices around 2.25 a gallon.

Vincent

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The Barack Obama Effect on Black Men

Saturday, January 17th, 2009
Obama
Gian Fiero asked:


When I was a boy, I would overhear older black men talking about this evil, mythical figure called “The Man.” I thought there was Batman, Spiderman, Superman, and The Man.

The Man was accused of selfishly hoarding power and resources that prevented black men from getting jobs, owning businesses, and having greater opportunities in general. As a young impressionable child, The Man seemed like one bad mutha. It took me some time for me to figure out that The Man was the white man.

As humorous and antiquated as this notion may be, it surprises me that The Man still lives in the minds of many black men today. After listening to Barack Obama make his presentation at the Democratic National Convention, which coincided with the 45th anniversary of civil rights leader Dr. Martin Luther King Jr.’s “I Have a Dream” speech, there is a palpable energy, optimism, and pride that I’m sensing in my conversations with other black men. An awakening that’s almost spiritual. A fertile synergy that can produce the seeds of a movement - a black male movement.

While the women’s movement has been legitimized and publicized in the press since their struggles for liberation began, there is a potential - and much needed - black man’s movement that’s underway. Of course the media has not picked up on it because they don’t consider it newsworthy or noteworthy, but conscious black people, especially those who desire and seek financial, mental, and vocational liberation for themselves and their children, are well aware of it.

It’s the effect that Barack Obama’s campaign and legacy will have on black men.

To really understand the magnitude of this effect you have to go back in history to another speech. It was given at a graduating ceremony for Howard University in 1965 by President Lyndon Johnson in the aftermath of John F. Kennedy’s assassination and the passage of the Civil Rights Act, which prohibits discrimination of all kinds based on race, color, religion, or national origin.



“You do not wipe away the scars of centuries by saying: ‘Now, you are free to go where you want, do as you desire, and choose the leaders you please.’ You do not take a man who for years has been hobbled by chains, liberate him, bring him to the starting line of a race, saying, ‘you are free to compete with all the others,’ and still justly believe you have been completely fair…This is the next and more profound stage of the battle for civil rights. We seek not just freedom but opportunity-not just legal equity but human ability-not just equality as a right and a theory, but equality as a fact and as a result.”

The bill was later amended to cover discrimination on the basis of gender. That amendment largely benefited white women and opened the floodgates for their entry into the workplace.

As more white women migrated into the workplace in 1964, occupying jobs they were “allowed” to have and armed with new legislature and a spirit of liberation that would gain momentum and evolve into the women’s movement, black women would soon follow suit and be deployed in less desirable roles while black men would essentially be displaced; spawning an employment imbalance in the black community where the men consistently have higher rates of unemployment and underemployment than black women.

This statistic holds true to this very day.

When I Juxtapose today’s work environment with yesterday’s, I see that black men still comprise the bulk of the work force that’s relegated to manual labor or undesirable jobs with marginal pay. I searched, but did not find, statistical data on the ethnic composition of the labor force of FedEx and UPS, but through observation, I’m willing to bet they are among the top - if not 1 and 2 - employers of black men, closely followed by any company that provides security (guard) services.

They are all jobs that place physical demands on their employees. Black men have always been used and valued for their physical strength since they stepped (chained) foot into this country. After all this time, we are still more likely to be paid millions for our muscles than our minds.

The Barack Obama Effect will cause the pendulum to swing in the other direction.

In the 60s, gainful employment was denied due to racism, fear, and distrust. Racism is not what leads to unfavorable employment conditions that black men have to overcome, it’s negative perceptions about black men as a group that have proven to be a greater economic and psychological barrier to our success. It’s the internalization of these perceptions that impact us. There’s extensive research that proves how devastating these perceptions can be when internalized by young black males.

According to Dr. Alvin Poussaint, psychiatrist and author of Lay My Burden Down: Unraveling Suicide and the Mental Health Crisis among African Americans over the last twenty years, suicide rates among young black males between the ages of 15 and 19 increased 114%. Head coach of the Indianapolis Colts lost his 18 year old son to suicide in 2005 and finally the epidemic caught the media’s attention, albeit for a fleeting moment.

With commonplace scenarios such as fragmented families that are often headed by single mothers, lack of male leadership, negative influences, and continued discrimination in our schools from teachers who do not embrace, nurture, or support young black males as readily as their white peers, it’s no wonder that so many young black males fabricate false bravado and a cool facade to camouflage low self-esteem, and often seeking validation through sports, entertainment and sexual conquests. Even worse, it creates a fixed mindset.

Author Carol S. Dweck, Ph.D., who is widely regarded as one of the world’s leading researchers in the fields of personality, social psychology, and developmental psychology, notes that psychologists know that negative stereotypes and labels are harmful, but they are still discovering just how negative labels harm achievement. She writes in her book Mindset: The New Psychology Of Success, that a fixed mindset limits achievement. It fills people’s mind with interfering thoughts. It makes effort disagreeable, and it leads to inferior learning strategies. What’s more, it makes other people into judges instead of allies.

My father told me at an early age that black men have to work two to three times harder than white men to achieve the same success. We also have to work smarter to be as successful. There are political, psychological, racial, and legal elements at play in every arena that we thrive in. It behooves us to know how to best navigate through situations that pose a threat to our success.

Whether it’s working harder or smarter, extra “work” is inevitable. Dealing with the inertia that stems from apathy in many of our neighborhoods, communities, and homes; dealing with lingering fears and stereotypes, and having to exert constant effort to fit in with white men who don’t feel as comfortable with us or in our presence. Historically, our prosperity as black men has always been tied to our ability to successfully interface with white men.

I imagine that living life as a paraplegic or without one’s sight is probably harder in terms of difficulty and adaptability, but certainly not capability. That’s where the line gets drawn and a new way of thinking can begin. Yes, being a black man is harder for some black men and it certainly has some societal drawbacks, but like those with the aforementioned physical challenges, we must view them as just that; challenges not disabilities, and certainly not handicaps. Being a black man is hard, but being a black man who is president will be inconceivably hard.

What do we find when we delve into Barack Obama’s background? Let’s see:

Barack Obama was born in Honolulu, Hawaii to a Kansas-born mother, Ann Dunham (who is a distant relative of Robert Duvall) and a Kenyan-born father, Barack Hussein Obama Sr., who met while both were attending the University of Hawaii, where his father was enrolled as a foreign student.

His mother and father divorced when he was two and his mother re-married and they relocated to Indonesia. His father attended Harvard, traveled around the world on official business for Kenya and saw Obama only a few times by the time he turned 10, at which point he was sent back to Hawaii to live with his maternal grandparents so that he could attend the highly-regarded non-sectarian private Punahou School where he graduated from.

Obama studied for two years at Occidental College in California before transferring to Columbia University, where he majored in political science with a specialization in international relations. He became a community organizer for a small Chicago church-based group for three years, helping poor South Side residents cope with a wave of plant closings. He then attended Harvard Law School, and in 1990 became the first African-American editor of the Harvard Law Review.

He turned down a prestigious judicial clerkship, choosing instead to practice civil-rights law back in Chicago, representing victims of housing and employment discrimination and working on voting-rights legislation. He also began teaching at the University of Chicago Law School. Eventually he ran as a Democrat for the state senate seat from his district, which included both Hyde Park (where he currently lives) and some of the poorest ghettos on the South Side, and won.

In 2004 Obama was elected to the U.S. Senate as a Democrat, representing Illinois, and gained national attention by giving a rousing and well-received keynote speech at the Democratic National Convention in Boston; won a Grammy for Best Spoken Word for the CD version of his autobiography “Dreams From My Father” (2006); won his second Grammy Award for Best Spoken Word Album for “The Audacity of Hope” (2008); sought the Democratic nomination for the U.S. Presidency (2008).

It’s a brief overview that highlights great accomplishments, but his origins are similar to most black men I know: He came from a single parent household, had a strained relationship with his father, a close relationship with his grandparents, and had to make choices.

Law school, community organizer, civil-rights activist, Grammy award winner, member of the U.S. Senate, Presidential candidate - they are all talent and value based decisions. None of them would be feasible if Barack Obama did not truly believe that these goals were possible and put forth the consistent effort to reach them.

What will happen if Barack Obama gets elected president? What will happen when black men stop blaming the man, and start being The Man? Every door will be open. Every American dream - including being president - can be a reality.

Our view and definition of The Man will finally be flipped; replaced by a positive self-image and greater awareness of the super powers we possess, but seldom activate. We will become more motivated to utilize resources, get better jobs, start successful businesses, and capitalize on opportunities because the leadership and role model that so many of us have lacked, will have emerged in the highest visible position in the country - the presidency.

In short, The Barack Obama Effect will mean that our statute of limitations on excuses will have officially run out. The fixed mindset that has plagued black men for centuries from the aforementioned internalization of negative perceptions will be repaired. The Effect Of Barack Obama will germinate a growth mindset which will benefit black men for centuries to come.

Dweck writes: The growth mindset is based on the belief that your basic qualities are things you can cultivate through your efforts. The growth mindset takes the teeth out of stereotypes and makes people better able to fight back. They don’t believe in permanent inferiority. She also writes: Prejudice is a deeply ingrained societal problem…a growth mindset helps people see prejudice for what it is - someone else’s view of them.

The Barack Obama Effect will inspire little black boys to find the courage to choose the road less traveled and explore the many options available to them. The Barack Obama Effect will motivate the parents of little black boys to instill an authentic, deeply rooted confidence which allows and enables them to have personal and professional lives that are only limited by the boundaries of their imagination and efforts, not lack of opportunities. The Barack Obama Effect will linger because black men and black boys will know that in their hearts and in their minds, they are The Man - the only man - who controls their own thoughts, actions, and destinies.

 



Manuel
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When Obama cuts our military by 75% will other countries have to start paying for their own defense?

Saturday, January 17th, 2009
Obama
Richard L C asked:


We’ve guarded the world for 60 years and most countries have let their military be reduced to nothing because of the umbrella we’ve provided. They’ve spent their money on welfare and pensions instead of arms so what happens to them now that Obama will pull back?

Juanita
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How did Obama clear campaign finance rules with the purchase of land from Rezko for only 17% of its value?

Friday, January 16th, 2009
Obama
something stinks asked:


Obama couldn’t afford the house he bought in 2004, indicted money launderer and Obama supporter Rezko bought the lot next to Obama to lower the cost. Rezko paid $646k but sold the lot to Obama 3 years later for $100k. Given the timeframe - values rose during that period so the lot should have been worth almost a million.

Carlos
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How does Obama plan to get us out of the democrat eco crisis by costing US jobs?

Sunday, January 11th, 2009
Obama
John asked:


By raising taxes on businesses, Obama will cause some companies to move overseas and others to cut jobs. With far fewer jobs in the country and more unemployment, there will be less money going to the treasury and an even bigger deficit after Obama increases gov’t spending. Except in government, there will not be growth just decline.

Mildred
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Rare Obama Collectibles, Obama Biography, Obama Collectables, Barack Obama Collectibles, Collectibles, Rare Collectibles, Political Collectibles

Friday, January 9th, 2009
Obama
Jeffrey Wright asked:


In today’s ever growing society of collector’s, collecting has never been more fun especially with new monumental changes happening now with the election of Barack Obama as President of the United States of America being the first African American President ever elected.

Making history on this level doesn’t go unnoticed especially when it comes to collecting those pieces of history that become so sought after and rare over time giving them great value and relevance in the collecting world.

I’ll list just a few of these items so you can get the idea of what can be collectible:

 President Barack Obama MAD MAGAZINE (POSTER COVER) $28

Barack Obama VOTE Poster Print $50

Barack Obama Poster DNC Change  $30

OBAMA*BIDEN campaign buttons $50

Felix Jackson BARACK OBAMA Fairey Hope Poster Print  $120

Recalled New Yorker Magazine BARACK OBAMA July 21, 2008  $130

Ron English BARACK OBAMA Fairey Obey Hope Poster Print $420

There are also collector’s that value sets or complete collections such as autographed articles or personalized items that give them significance are being sold and purchased anywhere from $2000 up to $12000 depending on the size of the collection and items included in the set.

These historical pieces will grow in value with time and should render some real historic relics as certain pieces become rare and more sought after giving them a greater value.

The appeal of collecting these memorable Obama collectibles is great but should also be taken care as to not get swindled when purchasing your pieces.  As I want to have the best experience when I buy something I imagine you would like the same so I found this place to show the best Barack Obama collectible pieces and the rarest while giving you a great experience at http://www.rareobamacollectibles.com

You might also want to check out the 24K Gold Barack Obama coins that have just been offered to commemorate this event and are proving to be very popular becoming harder to get and as I mentioned before this will dramatically add to their value.



Benjamin
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If Obama is such a uniter why are many latinos hesitant to vote for him?

Tuesday, January 6th, 2009
Obama
gc asked:


Many of my friends tell me obama is a joke. Everyone in my family says the same. Why is the democratic party disenfranchising us?

Irene
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