What volition Obama's legacy truly be?
Early on the Obama direction , conservatives took umbrage at the authorities loaning coin to Solyndra , the ill-fated solar company. In illustration you lot missed it , Solyndra came upwardly amongst a cockamamie blueprint for solar panels using drinking glass tubes which were sputtered similar semiconductors. It offered no existent wages over traditional solar together with inwards fact cost a lot more. Then , inexpensive solar panels from PRC flooded the marketplace together with the entire affair went bankrupt. No ane is selling tubular solar anymore.
Those on the Left argued that the authorities should subsidize unloose energy alternatives. At the fourth dimension of the marketplace crash , or to a greater extent than just only beforehand , nosotros had a mini-energy-crises inwards the the U.S. of A. , amongst gas shooting upwardly to $5 a gallon briefly inwards 2008 together with only equally dramatically crashing inwards 2009. The folks snookered into this bargain are non sophisticated , but rather are beingness manipulated yesteryear a lot of hype together with hoopla.
But hi , don't worry nearly Elio. It's non besides belatedly to brand a deposit on your air-powered car!
Sadly , both hyped vehicles volition never meet the low-cal of day. And the people plunking downwardly coin for imaginary cars are Externalizers - people who won't accept activeness inwards their ain lives until the footing changes to adjust their tastes. When it was mentioned to ane Elio believer that for the cost of an Elio they could purchase a overnice late-model second-hand auto amongst 4 wheels , doors , together with seats , together with drive it domicile today , their answer was , "well , together with hence you'd receive got to bargain amongst an unreliable secondhand car!" - equally if a three-year-old Corolla was approximately clapped out slice of trash.
Who are these people? Not professional person investors. Not engineering types. From what I tin forcefulness out divine online , the typical Elio deposit holder or investor (other than the insiders , for the latter) is immature , manlike soul , left-leaning , together with harbors mild conspiracy theories nearly the fossil oil companies , the "big three" together with "evil corporations" inwards general. They didn't hence much invest inwards Elio equally endeavor to brand a political statement. This is a unsafe affair , I intend , when people blend politics amongst investing. Yea , certain , it would travel overnice to fund politically-correct industries , but if they cease upwardly losing coin or are outright frauds , are nosotros truly saving the planet?
And moreover , doesn't this Regulation Influenza A virus subtype H5N1 filing affair look similar a truly bad take in inwards price of consumer protection? We are non protecting the little investor , who is most probable to travel harmed yesteryear sketchy or fifty-fifty outright fraudulent stock offerings - which are targeted at the little investor. The whole crowdfunding affair is no dissimilar - bespeak people for non-refundable deposits on things that don't be yet. There is a ground that these types of "investments" were illegal at ane time.
It seems strange to me that an direction that was obsessed amongst regulating Wall Street to a greater extent than , created a huge loophole inwards the securities plain , that allows little shady companies to offering stocks to unsophisticated investors amongst trivial or no oversight. The same direction that wanted to scissure downwardly on "the large banks" for fiscal sloppiness , was willing to let crowdfunding together with Regulation Influenza A virus subtype H5N1 stock issues , with trivial or no oversight. And the latter was far to a greater extent than probable to rip-off the little investor than the former.
But together with hence in ane lawsuit again , the direction got snookered the same agency amongst Solyndra. They wanted to believe it would travel , without doing the requisite math. They loaned coin to a society that Wall Street together with the Banks would non touch. And peradventure they should receive got listened to the professional person investors earlier committing authorities coin to the project.
What volition Obama travel remembered for? Obamacare? Solyndra? The JOBS human activeness together with stock fraud? It is difficult to say. But I intend overall , his legacy volition non travel equally spit-shined equally approximately on the left desire it to be. Granted , Republicans never truly gave him a risk at all. But together with hence in ane lawsuit again , he never truly tried rattling difficult to woe the few votes he needed to larn approximately of his agenda passed.
I intend fifty-fifty die-hard Democrats meet the Obama years equally a serial of missed opportunities , together with non only because the intransigence of the GOP. And today , nosotros lurch frontwards amongst a national healthcare invention that is a patchwork of Medicare , Medicaid , VA , individual insurance , society insurance , together with Obamacare "market" plans , all of which receive got flaws together with demand fixing - but no ane wants to produce the difficult task of fixing , only destroying.
And sadly , a little minority of Americans (like me) are buying our ain policies inwards the Obamacare "marketplace". So the authorities feels it tin forcefulness out shit all over the 10-20 ane G one thousand of us , because they tin forcefulness out larn re-elected , fifty-fifty if nosotros vote.
No , I am non certain that Obama's legacy volition travel all vino together with roses.
But hi , don't worry nearly Elio. It's non besides belatedly to brand a deposit on your air-powered car!
Sadly , both hyped vehicles volition never meet the low-cal of day. And the people plunking downwardly coin for imaginary cars are Externalizers - people who won't accept activeness inwards their ain lives until the footing changes to adjust their tastes. When it was mentioned to ane Elio believer that for the cost of an Elio they could purchase a overnice late-model second-hand auto amongst 4 wheels , doors , together with seats , together with drive it domicile today , their answer was , "well , together with hence you'd receive got to bargain amongst an unreliable secondhand car!" - equally if a three-year-old Corolla was approximately clapped out slice of trash.
Who are these people? Not professional person investors. Not engineering types. From what I tin forcefulness out divine online , the typical Elio deposit holder or investor (other than the insiders , for the latter) is immature , manlike soul , left-leaning , together with harbors mild conspiracy theories nearly the fossil oil companies , the "big three" together with "evil corporations" inwards general. They didn't hence much invest inwards Elio equally endeavor to brand a political statement. This is a unsafe affair , I intend , when people blend politics amongst investing. Yea , certain , it would travel overnice to fund politically-correct industries , but if they cease upwardly losing coin or are outright frauds , are nosotros truly saving the planet?
And moreover , doesn't this Regulation Influenza A virus subtype H5N1 filing affair look similar a truly bad take in inwards price of consumer protection? We are non protecting the little investor , who is most probable to travel harmed yesteryear sketchy or fifty-fifty outright fraudulent stock offerings - which are targeted at the little investor. The whole crowdfunding affair is no dissimilar - bespeak people for non-refundable deposits on things that don't be yet. There is a ground that these types of "investments" were illegal at ane time.
It seems strange to me that an direction that was obsessed amongst regulating Wall Street to a greater extent than , created a huge loophole inwards the securities plain , that allows little shady companies to offering stocks to unsophisticated investors amongst trivial or no oversight. The same direction that wanted to scissure downwardly on "the large banks" for fiscal sloppiness , was willing to let crowdfunding together with Regulation Influenza A virus subtype H5N1 stock issues , with trivial or no oversight. And the latter was far to a greater extent than probable to rip-off the little investor than the former.
But together with hence in ane lawsuit again , the direction got snookered the same agency amongst Solyndra. They wanted to believe it would travel , without doing the requisite math. They loaned coin to a society that Wall Street together with the Banks would non touch. And peradventure they should receive got listened to the professional person investors earlier committing authorities coin to the project.
What volition Obama travel remembered for? Obamacare? Solyndra? The JOBS human activeness together with stock fraud? It is difficult to say. But I intend overall , his legacy volition non travel equally spit-shined equally approximately on the left desire it to be. Granted , Republicans never truly gave him a risk at all. But together with hence in ane lawsuit again , he never truly tried rattling difficult to woe the few votes he needed to larn approximately of his agenda passed.
I intend fifty-fifty die-hard Democrats meet the Obama years equally a serial of missed opportunities , together with non only because the intransigence of the GOP. And today , nosotros lurch frontwards amongst a national healthcare invention that is a patchwork of Medicare , Medicaid , VA , individual insurance , society insurance , together with Obamacare "market" plans , all of which receive got flaws together with demand fixing - but no ane wants to produce the difficult task of fixing , only destroying.
And sadly , a little minority of Americans (like me) are buying our ain policies inwards the Obamacare "marketplace". So the authorities feels it tin forcefulness out shit all over the 10-20 ane G one thousand of us , because they tin forcefulness out larn re-elected , fifty-fifty if nosotros vote.
No , I am non certain that Obama's legacy volition travel all vino together with roses.
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