Yes We Can! Yes We Will!

Posted on February 20th, 2009 by god
YouTube Preview Image

Arvind here, reflecting on how it is a month today since President Obama began his term in the White House. Perhaps never before has so much been expected of one man. And yet President Obama is just another human being and he cannot achieve everything on his own.

What the world needs is many more people ready to take up his call for personal responsibility and to do their own thing, not just for themselves but for the greater good.

Knowing that our time is limited means that we ALL must do something TODAY. Quite a responsibility – and what a challenge!

We all need a CAN do attitude. As well as “Yes We Can!”, it is time to say “Yes We Will!”

What are your thoughts on President Obama’s first month in office? And more importantly, what are YOU doing to become more socially responsible?

Do share…

19 Responses to “Yes We Can! Yes We Will!”

  1. A/C says:

    GDay Arvind :)

    As far as Obama goes I really dont care less what he does…
    What ever he achieves will be solely for the betterment of the US and not anyone else, the policies currently being looked at as far as trade agreements reflects this. In the previous few weeks policies of only using american sourced products has come into effect regardless of business’s agreements.
    So although I hope he succeeds in doing what ever it is he does, I still find the whole thing overkill.
    I know all the historical milestones, all the hype etc etc, but when push comes to shove he is a politician and will act in his own best interest hopefully it is in the best interest of America, but it wont be in the best interests of Australia or England or India or any country to which they currently have an interest.

    And that my friend is the long and the short of it…..

    • Gareth in Thailand says:

      So his complete revamp of US foreign policy passed you by then AC?

      • A/C says:

        you missed the point GIT its Us Foreign Policy..
        What the heck does it have to do with me…
        It is still in the best interest of the US and Australia will gain nothing from it…

        Seriously come up with something a little more tangable, Like oh I don’t know Obama the Messiah, but stop trying to portray him as the saviour of the world because he may pull the US out of the hole it has dug itself but it will nothing for me or Oz.. besides we will ride this out in far better shape than the USA, England or even China…

        But unless you prove that he is God on Earth, I really am sick hearing how wonderful he is….
        He is nothing more than a politician, perhaps a good one, perhaps not but only time will tell and History will be the Judge.

        • Gareth in Thailand says:

          Who’s calling him God on earth and portraying him as the saviour? I’m not. However to say his foreign policy won’t affect you in Australia shows a level of nievte beyond what I normally expect from an Australian.
          Everything they do affects you, me, everyone one on the planet, thats the way it is.

          On what basis will Australia rider it out in better shape? Please share with the rest of us the economic miracle that will stop the economy contuing in its deep recession and spiraling governement debt. I’m really keen to know.

        • Gareth in Thailand says:

          make that nieivity not nievte, can’t see the phone screen properly today.

        • A/C says:

          still wrong its naivete.. lol….

          The US foreign policy will in no way effect me unless I choose to let it… sitting down here in my corner of the world I have no interest in it what so ever… however given that you seem to think I am being Naive about the power which America has been allowed to accumulate over the past years. America is broke, in debt surpassing its eyeballs, it credit rating is so low it almost reaches the earth core itself, China and Asia are the true driving forces of the Global economy, America simply caused the downturn one which was going to happen given the amount of debt it had gathered. The unfortunate part is that so many countries tied themselves to the American Economy that when it fell they took half the world with it.
          It is simply a greed and corruption based economy falling apart, The fact that this new government is revamping its foreign policy only adds to the proof that it is self serving and will in no part benefit any other country other than its own.
          With Protectionism being bandied around by the press and questions raised over his recent visit to Canada and Indonesia by Clinton, people should be getting nervous none more so than those with a free trade agreement with the US.
          As for Australia riding out the economic downturn…
          Heres proof…..

          “Australia central bank governor’s testimony
          Fri Feb 20, 2009 4:29am IST

          Six months ago, our judgment was that Australia was experiencing an economic slowdown that would turn out to be not unlike that of 2001 in magnitude, and that inflation would gradually decline. Absent the events of September and October, that would still have been a reasonable expectation. But the financial turmoil, and the real economic impacts that have flowed from it, altered the balance of risks for the world and Australian economies significantly. The Board quickly came to the judgment that the gradual easing of monetary policy that appeared to be in prospect six months ago should be accelerated. It moved to reduce the cash rate quite aggressively. The total decline of 400 basis points since August — as rapid an easing as any in Australia’s history — takes monetary policy to a clearly expansionary setting. The Government has also implemented a major discretionary easing of fiscal policy, and the exchange rate is significantly lower.

          The deterioration in international economic conditions was so rapid that no policy response could prevent a period of near-term weakness in the Australian economy. We are being affected by the global downturn, and cannot realistically expect other than weak conditions in the first part of 2009. But the very large reduction in interest rates, the lower exchange rate and the major fiscal initiatives will work to support demand, increasingly so as the year goes on. Inflation is likely to continue its moderation that began in the December quarter, and to do so faster than expected six months ago.

          Compared with the sorts of growth we enjoyed until fairly recently, this is a weak near-term outlook. But if the outcomes we see turn out to be even close to these, Australia will have done well in comparison with most other countries. We have claimed all along that Australia was better positioned than many countries to ride out the international difficulties. Credit standards do seem to have tightened further over recent months and banks are seeing the inevitable increase in bad debts as the economy slows. But our major financial institutions are still in a strong condition, have access to debt and equity markets, are still earning good profits, and are in position to lend for sound proposals. Our housing sector is not overbuilt; instead there is considerable pent-up demand, and affordability is improving quickly. Most of the corporate sector is not over-geared. Going into this episode, the scope to use macroeconomic stimulus was bigger than for most countries – and that scope is being used. Moreover, our transmission channels are still working: interest rates paid by borrowers have fallen when the cash rate has been reduced. In contrast, mortgage rates in the United Kingdom and the United States did not fall through much of 2008, as margins rose by about as much as the central banks cut their policy rates. Only quite recently have UK and US mortgage rates begun to decline.

          So there are reasonable grounds at this stage to think that the Australian economy will come through this very difficult episode — certainly not unscathed, but well placed to benefit from a renewed expansion. Things will be difficult over the next year. But as I have said before, the long-run prospects for Australia have not deteriorated by as much as we may all be feeling just now. China’s emergence, for example, has not finished. It has years to run and Australia will benefit from it. We should not lose sight of that or other positives. We can have confidence in our long-run future and in our demonstrated ability to adapt to changing circumstances. If we retain that, there is no reason for any downturn to be a deep one.”

          Unlike many other countries our interest rates are unlikely to hit zero…..and we can not expect another interest rate cut next month. Unemployment should peak at 7% briefly, with about 700,000 unemployed. the Mining sectors are presently slowing down production and preparing to ride out the storm. So as you can we should fair reasonably well throughout it, not coming out untouched but alot better than many other economies…. if the rest of the world wants help all they have to do is ask.. I am sure our government will be happy to help…. even the US is copying us at the moment with their stimulus package… we got ours in December with another next month… but not being paid to big business.. we the people are being giving the money to put back into the economy and help keep debt low and the wheels of big business turning…

        • Gareth in Thailand says:

          In all probability some of this may well work out, however it is like saying ‘my cancer is not as bad as yours’.
          Right now the bullish confidence he exudes is not seen by myself when I deal with Australian companies, all be it only 4 of them right now. However much of this will depend on how long the rest of the world takes to get back up and running as the Australian domestic market is quite small in relation to the output – reflected in the general trend for a trade surplus. If the Chinese continue to use their huge currency reserves to keep themselves swinging along then it should be a reasonable case but should they decide to slim that down then it would not be.
          In general most of the guys I deal with expect to see redundancies, however if I give them this positive message maybe they’ll cheer up and turn it around.
          I’d be cautious though, these things have a nasty habit of feeding off themselves.

        • A/C says:

          they do indeed.. the whole thing has been a media feed frenzy. and in part the media has been scare mongering…
          I do see this heading to a global depression, as bad if not worse than 1933, however we will ride it out.. there is little more that can be done than battern down the hatches. There will be redundancies as that is expected as they have to happen in order for the markets to correct as they must do. China is a worry as was and is Japan, however the Asian economies appear at this stage to set well to get through as well.. even if China does loose another 10-15% of their economic base it is so vast the effect will be a mild tremor. China has recently pump $20 billion into a mine in the next town, so there is still cash about and all is not completely lost, although several are talking of care and maintenance shut downs while the prices are down. time wil tell.. but Australia is still well placed to get through a lot easier than many others, our Governments debt is minimal, and most of us are reducing household debt, the banks are guaranteed and although some business are talking of job cuts it seems to be those multi nationals such as GMH which are taking the brunt. Many local companies are set to ride it out…

          One of two things will happen as this correction begins to settle…
          Either we will wake up in a boom time, due to the amounts of cash being pumped into the worlds economies like a bottomless pit, or we go to war.. personally I am hoping for is the first, but fear the latter..

          Either way there is a very long way to go… and the road will tough for many.

  2. Gareth in Thailand says:

    All that and he still does his look’a'like work as Tiger Woods and Lewis Hamilton

  3. Jim says:

    ONE omnth since he was ‘in’ – that’s flown by but I fear the hangover will soon kick in as the party is over with more $billion scams unearthed.

    Amate of mine reckons that some coastal properties in the US are going for $100 – I kid you not….

  4. Bo Snr says:

    I think this video is quite apt
    I remember it with Peter Paul and Mary
    and of course Bob Dylan

  5. Jim says:

    As did BOWIE

    Ch, ch , ch ch…..


  6. Lib says:



  7. Purple13 says:

    Funny ‘cos I was just thinking that I hadn’t seen his name much on the BBC home page since the ‘party’. It actually set me to thinking has he done anything his first month and to be honest would expect much as there’s so much to do anyway, any normal job would take a few months just getting their feet under the table and learning the ropes so to speak.

    Most i’ve seen his name mentioned on is the state of the White House’s internet and network – oh and somebody mentioned something about a blackberry – Bernard Manning would have a field day with that one.

  8. RYK says:

    I was disappointed that Obama quietly continued the CIA’s policy to continue holding “enemy combatants” without a trial.

    Maybe he isn’t what everyone believed. Maybe the system is broken and he can’t fix it alone.

  9. uncle cyril says:

    I think he has done really well

    he’s leveraged a complete gamble financical package that may hurtle the world into greater recession

    and he’s committed more troops to afghan

    can we change it? no probably not

Leave a Reply

CommentLuv badge

Post comments @ coffee!


Coffee time

September 2012
« Jun    

Coffee Contributors

  • Amazing Susan
  • Angela in Canada
  • Clueless
  • Ethical Eater
  • Irish Coffee
  • Lib
  • Mighty
  • ODB

Coffee Founder

  • Jim

Twitter Updates

Recent followers

Stuck in the filter paper