Monday, July 25, 2011

OBAMA'S NEXT MOVE.

Whatever comes out of the Debt ceiling and the deficit reduction talks cannot overshadow the fact that Mr. Barack Obama is still the president of the United States, and like other pressing national issues, the ultimate responsibility in resolving them rest squarely on his shoulders.

He must do all he can to sustain and maintain America's AAA trade/credit rating status in the financial world by avoiding a default on paying the government's International debts that are currently due. August 2nd, 2011, is the scheduled deadline for payments to be made, and he must not miss that date for the sake of America's economic future.

Anything short of that will destroy the country's already fragile economy that he has been working so hard to improve. Interest rates will rise, and unemployment levels will get out of hand for the worse.

A default, as it has been predicted by several high ranking economists and intellectuals, will make the stock market to become frantic; a kind of financial turmoil that will put Wall Street in a mode of uncertainty. The country will be left in financial ruins that will be hard to repair for many years to come. That, unfortunately, will be nobody's fault but his, as president.

Everybody knows that those he is having talks with are adamant and dogmatic; and they will never be on the same page as he. Fortunately, he is aware of their political agenda, and that they will not give him the slightest wiggle room to maneuver and be successful in any way, shape or form, in whatever he chooses to do.

Their strategy is to have him politically stranded, and people will say that they are hearing him no differently today as from yesterday. No matter what he says or does, he will be spinning his wheels in the rut of the mushiness that has been left behind in the form of a budget crisis, since the great depression of the 1930s, by his predecessor. That will firmly be to his enemies' advantage; and that is exactly where they want him.

They have made it clear to him in plain and simple language on so many occasions that they want him to be a ONE TERM president. That being their objective, there is nothing he can do to satisfy them; let alone for him to say anything to please them.

The country can go to blazes as far as they are concerned, so long as he is president. Their opportune time is now, on the campaign trail to next year's general election, and they are not going to let it slip through their fingers. To put it bluntly, they are not going to sit around and wait for him to get cocky and be too confident in his attitude toward his re-election ambition in 2012. In fact, any minor thing that speaks well of him will be an anathema to their cause and that of their supporters.

In recent weeks, he has been attacking them and asking that they should contribute their fair share through revenues that are needed to reduce the nation's enormous fiscal deficit. If after such vehement attacks, he thinks that they are going to listen to him, he has another thing coming.

The Republican Party wants him out; and they and their friends are plotting day and night to get rid of him. So, it is actually a waste of time for him to be calling them to the White House and trying to reason with them. That will not work.

In other words, they have put him on notice that his days are numbered in the Oval Office; and they will never be at ease until that happens. Therefore, to invite the same kinds of people and drink tea with them does not make any sense at all. Their mind is made up.

What he must now do is to find a way around them and come up with a plan that will save his administration, as well as the nation from degradation. America has never failed to honor its financial obligations, and he has only one chance to avert such a morose end.

The United States Constitution gives him the right to pay any and all debts the country owes; and therefore, he must concentrate on that provision and prepare to use it.

America needs his leadership to pull it through a dismal economic recession; and his next move must be one that will indicate to his detractors that he has the instrument, given him as mandated by the authority of the U.S. Constitution, to deal with all matters, fiscal and/or otherwise, that are pertaining to the United States; and nobody can stop him from exercising that authority.

Those whom he trusted to come up with a solution have already withdrawn from the talks. Or at best, they seem less interested in talking. Let them stay away, or take a lackluster approach to the talks.

Now, it is your turn to show them that no amount of bullying can deter you from doing your duty as the President of the United States.

Mr. President, forget about the Speaker of the U.S. House of Representatives, the Wall Street Journal, Steve Wynn, whose wife has just divorced him, and people of his caliber; they are all in the same camp, and they are doing everything in their power to undermine you.

What is left for you to do is to get the backing of the American people behind you; nothing can be more important than that. You have already started to do just what they "the people" want you to do by telling it like it is, that the elderly, the poor and the needy cannot bear the brunt of the deficit reduction alone. Others must come in to help; and that is the truth.

No more meetings, as they will lead to nowhere; their outcomes will create more confusion in the minds of members of the public. Hammer on your message and make it to resonate as clear as possible that you are capable of handling America's financial problems, come rain or high water. All you need is to have public opinion on your side. It (public) has already started to rally behind you, Mr. President.

So, keep on doing what you think is right for the nation.


P.S. The bottom part of the blog sounds like a letter to President Obama; and it is.

P.P.S. Mr. Wynn's divorce, as reported by New York Times. (Steve Wynn, the billionaire chief executive of casino operator Wynn Resorts, is officially divorced for the second time from his wife, Elaine.
January 14, 2010).

P.P.P.S. He (Wynn) lives in a glass house, and so he must stop throwing stones.

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