White House Joins Facebook, MySpace, Twitter 144
theodp writes "The official White House Blog called the move WhiteHouse 2.0 as the Obama administration unveiled its membership in a trio of the social-networking leaders: Facebook (157,606 fans and counting), MySpace (174,817 friends and counting) and Twitter (34,612 followers and counting)."
Re:Is it possible to have enemys on facebook? (Score:2, Informative)
You know, I am SO sick of Obama kissing everyone's ass and working hard to be popular rather than fixing problems. You might say he's fixing the economy, but he's repeating mistakes which resulted in the great depression so many decades ago. How is racking up $11 TRILLION in debt in 100 days going to help the economy in the long terms? The banks which were the cause of the credit crunch are in need of MORE money and have blown the money they were given on toys and bonuses rather than making credit available, and the bills were written such that they do not have to be held accountable for how the money is spent. Insurance companies were given hundreds of billions TWICE and are in need of more money again. How does this help increase the manufacturing base? How do these bailouts help to increase the actual creation of wealth? The truth is it's going to result in massive tax increases which will go toward paying many times the original outlay for decades to come - it is unlikely the national debt will ever be repaid.
Obama work on fixing the problem: part of the solution includes import tariffs, and the other component is tax cuts across the board and less government spending - especially spending on pork.
Will this be like his linkedin account? (Score:3, Informative)
I responded to his forum post to ask if he was really there to participate and have any kind of dialog, or if he was just there to make it look like he was tech-savvy and connected, and all I got back was an invitation to connect.
Re:Is it possible to have enemys on facebook? (Score:5, Informative)
How is racking up $11 TRILLION in debt in 100 days going to help the economy in the long terms?
Obama has contributed $500 billion to the national debt so far. The total national debt stands at $11.2 trillion, of which Bush II contributed nearly half (45%).
But if Obama continues spending at the current pace he could pass Bush II around the end of his third year.
FDR's socialist policies fixed the depression (Score:5, Informative)
Modding me down won't change the facts. Look at the economic data from the time. This is why everyone loved FDR. This is why he was elected for FOUR TERMS. He fixed things with socialism, where Hoover had left things up to the free market and made them worse.
You may hate the truth, but the truth doesn't care.
Re:Is it possible to have enemys on facebook? (Score:3, Informative)
You know, I am SO sick of Obama kissing everyone's ass and working hard to be popular rather than fixing problems. You might say he's fixing the economy, but he's repeating mistakes which resulted in the great depression so many decades ago. How is racking up $11 TRILLION in debt in 100 days going to help the economy in the long terms?
I think the problem is that everyone fails to understand what it means to live in a fiat economy rather than a commodity based on.
First of all I can't believe you are saying he is repeating the mistakes that resulted in the great depression. That was caused by Hoover raising taxes and the Federal Reserve letting the banks fail that resulted in a deflationary implosion of the economy. (
So far Obama has neither raised taxes nor has the Fed let any banks fail.
Secondly, the key benefit (and possibly the main detractor) of a fiat economy is that it is faith based that debts will be settled and contracts upheld. This faith means that the economy works as long as everyone believes it will work.
People that still come into work and still work and still spend means that the economy will still grow. People who don't spend and hoard money cause deflation which means less economic activity which results in economic shrinkage and that doesn't work well in a population that grows.
I mean it works well for a nation like Japan where the population is shrinking, but if new jobs are not created for an ever growing population then it causes problems.
A fiat economy resolves the problem of an economy that is limited by an arbitrary commodity and moves it towards one that resolves on good faith credit and that the rest of society and the market will move towards a unified goal of increased economic activity.
On the downside when society does feel that this faith is shaken (ie contracts are broken and debts are defaulted) the nasty side of the fiat comes into play. So in order to recover the economy, faith must be restored or else it will fail even moreso.
Keep in mind most of the debts and wealth lost during the great depression and today was almost entirely theoretical and only numbers on a piece of paper. I don't think its easy to get people to understand this (i mean the average joe will never teach himself how to earn money on the stock market) but since we aren't going to peg the dollar on gold or oil (I mean we can't without collapsing the economy and no bank on the federal reserve would go with this and I doubt you can get a majority of congress to go along with you so its not going to be our alternative) we simply have to deal with what comes with it.
As long as inflation is kept up with economic growth then the system works as long as people keep faith in it because in all reality we do have a surplus of food and energy which keeps everyone alive and happy for the most part (mostly).
Re:Facebook (Score:2, Informative)
It's all on THOMAS - eventually.
However, it is not on THOMAS a minimum of 5 days before any non-emergency bill is passed. There is also no ability to comment on THOMAS (that's not the point of THOMAS).
Don't get me wrong -- I think THOMAS is great, it just doesn't do what Obama's promise said:
http://www.politifact.com/truth-o-meter/promises/promise/234/allow-five-days-of-public-comment-before-signing-b/ [politifact.com]
[President Obama] will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.