₦airaland Forum

This sort of  mirrors what you get on this forum. . . . . black social conservatives who are enthusiastic for a politician whose views are broadly incompatible with theirs. 

It’s one of Stern’s radio people, Sal, who goes into Harlem and interviews 3 black people and attributes McCain’s stances to Obama.  They say that they agree with those stances (thinking that they are Obama’s).

http://www.youtube.com/watch?v=b5p3OB6roAg

As far as venerating crime and criminals,that is done regularly here in the West. Ronnie Biggs in the UK is a prime example and the whole gangster rap phenomenon comes to my mind. It is also apt to raise the whole mafia issue,Al Capone and other Italian-American gangsters have been raised to cult figures.

However, the fact that the West does something, clearly wrong,is no justification for Nigerians following suit. The West has many other redeeming features. Nigeria and Nigerians cannot afford to engage in misguided Western-style glorification of criminals.

@Ibime

This your copy and paste article which ''sums up your thoughts perfectly'',na wa. It's the kind of article that you find in Nigerian sites.

The result of that policy was run-away inflation, which was in double-digits, coupled with high interest rates that trended between 15-18 percent, culminating in a financial crash of 1987. Not until the election of President Clinton in 1992 did we experience normalcy in the economy. We learnt a lot thereafter and the ensuing change in focus precipitated the longest post-war economic expansion lasting from 1992-2000. Ironically the fulcrum of Clinton’s policy was middle class and small business owners that created over 20 million jobs during the mid to late 1990s. Was the economy stupid? If we recorded such unprecedented economic growth would you say the emphasis on middle class tax-cut is flawed or socialist? I don’t think so.

Before pontificating on economic policy,one cardinal principle is to get your facts right. The result of Reagan's policy was run-away inflation in double digits and high interest rates?     When Reagan came into office,the last figures for the inflation rate under Carter was 10.36% and the Feds Funds rate was 21.50% At no point was the inflation rate in double digits nor did the Reagan era presage high interest rates-complete and utter lies!

The facts speak for themselves. One has to be careful about juxtaposing different eras,the proverbial apples to oranges comparison,when comparing Reagan's economic record to Clinton's. Clinton took over from Bush,not the hellish economic legacy of Carter. By the time Clinton took over,inflation was now down to 2.8%(Reagan took over from 10.3%)and the Fed prime rates was down to 6%(Reagan took over from 20%)

For this author to mock the Reagan economy that created 16million jobs is laughable. This was an era that saw strong economic growth.

Essentially,the author has drawn his conclusions on a premise that is based on a tissue of lies. 

Who would argue that the policy to increase home-ownership in the US during the 1990s was not well intentioned? That resulted in access to capital for lower-to middle-income families and national home-ownership rate now stands at 68%. That momentum helped sustain the US economy during the early 2000 when the tech-bubble busted in the stock market. Essentially, home-ownership is not only an epitome of American dream but also a pillar of economic growth.

Asking whether the home-ownership policy was driven by good intentions is merely folk economics and besides the point. The real question is not the intention behind a policy but the outcome of the policy. The road to perdition is paved with good intention.It is quite clear that the unbridled growth in mortgages has helped create an asset bubble which was unsustainable. Time was when you needed a certain amount of savings to buy a house,not any more.

Clearly,with astonishingly high levels of personal debt,any policy that encourages more personal debt,taking up mortgages, is doomed to fail,however well intentioned.

However when deregulation led to emergence of exotic financial products (credit default swaps, and other mortgage-backed securities), underwriting standard became relaxed and caution was thrown to the wind. Most of all, reasonable risk management guidelines were not adhered to by financial institutions, thus igniting the current credit crisis.

In Obama's entire legislative history,I can't recall one occasion he specifically demanded for smarter regulation  of these complex financial instruments. Many of these products mentioned,particularly CDS,took off during the Clinton era(an era both the author and Obama have praised to the high heavens).

What the economy needs is smarter regulation,not more or less regulation. The emphasis should be on the quality of the regulation and not the quantity. In an environment where bankers are better paid,thus better motivated,than regulators,the regulators will always be playing catch up.

However,regulation which targets over-leveraging and the capital ratios of financial institutions would be apt not a misty-eyed longing for the over-regulated era of stagflation. 
 
The reality is that the much praised Clinton economic era actually heralded greater deregulation than the much maligned Bush economic era. You can't have it both ways,you can't praise the economic policies of the 90s and still condemn deregulation.

DavidDylan:
Ask his wife . . . not me.

I'm asking you as a prominent Obamaniac who has singlehandedly re-written Ohio licensing law in a bid to impugn someone who asked questions about Obama's tax policy.

Where in Obama's personal life has he practiced "spread the wealth"? Is it in his charitable giving or in regards to family members?

DavidDylan:
that's not the issue at all. Others have asked even tougher questions and we don't bother with them.
what is particularly galling is the fact that here is a man who defaults on his taxes crying about having to pay more taxes.

It's not about the man but the question of the appropriate level of taxation. The problem is that Obama supporters are personality driven.

Do you want to debate the message or the messenger?

DavidDylan:
are you also one of the blind who just repeat stuff they hear mindlessly without understanding it first? 4 Play no vex o . . .

Can you enlighten us on how Obama has been practicing ''spread the wealth''?

Obama should practice this his "spread the wealth" ethos in his family first. I know many people who make sure that the very little they have goes a long way in helping as many as possible.

DavidDylan:
its not about "telling more lies" . . . its about people in glass houses not hurling rocks at their neighbours.

The only people that should be of concern to you are people running for political office not ordinary Americans. Indulging in voyeurism is pointless when the issues raised,Obama's tax plan,should be the most important thing.

He merely works for a plumbing business but has no license of his own. Technically he can't be called a plumber.

In Ohio,you can do residential work as a plumber without a plumbing license.

the very rich in America pay higher taxes already anyway so whats new?
Can he please pay the taxes he owes Ohio before bleating about Tax reform again?

If the very rich pay higher taxes,what's the economic rationale for asking them to pay more when almost half of the population don't even pay Federal income tax?

It makes perfect political sense to talk about "spreading the wealth".Vote for me and I will send you a cheque is always a vote winner but the idea that an ordinary man should be pilloried for asking tough questions beggars belief and conjures up images of a banana republic where ordinary people are afraid to ask tough questions of their politicians.

In Africa and most other places on the globe people have conscience in the way they make money. In America, money and morals do not mix at all.

White Americans see Jesus as part of Capitalism. Hence other religious beliefes are viewed with suspicion as a threat on their way of life and quality of living. They sum it up by saying communism and socialism are evils.

Black Americans see Jesus as part of their conscience. Hence they view everyone as one brotherhood of mankind and are tolerant and easy to forgive unexcusable violations of their safety and well being, socially and financially. They sum it up by saying "if it's meant to be mine, God will give it to me".

You have to be kidding me! Is it the same Africa that produces the likes of Mobutu, Abacha and the innumerable looters that adorn the continent?

The reality is that currently the wealthy pay most of the tax which Anglo-Saxons nations like the US and the UK survive on. Significant chunks of the populace pay zero,zilch net tax.

Can an ordinary American ask the The One questions without his personal life being ridiculed? Has "Joe The Plumber" told any more lies about his personal life than Obama.

He called himself a plumber - turns out he had no plumbing license.

No,a plumber in Ohio doesn't need a license unless its commercial work.

He said he was going to buy his business with an income of over $250,000/yr - turns out he lied.He complained that Obama was going to increase his taxes if he earned above $250,000/yr - turns out he doesnt earn close to 50% of that sum and owes the state of Ohio back taxes (talk of patriotism).

He said he was getting ready to buy a business that makes $250k a year,not that he makes that per annum. Yes,if he were to prosper and make that amount,his taxes will increase. Alternatively,if he were to sit on his backside waiting for welfare cheques,Obama will send him some tax rebates.

PepERSprAY:
Are you Nigerian?. If juju is not real, why are you staying away from Nigeria because it falls like rain?

The One and Only Funmi! How about that marriage proposal? You still pondering whether joining my harem?

PepERSprAY:
That is what is raining in Naija now.

Raining in Nigeria? You mean juju dey fall on Nigerians like rain?

Yet another reason to stay away from that country.

dayokanu:
@Chamotex,
Ronaldo was Man Utd's highest goal scorer last season I wonder what that stat says about your strikers

This man still dey open mouth? Despite all the humiliation visited on Bayern.Despite Bayern being exposed for what they truly are,a bunch of spineless flat-track bullies in a 3rd grade league.

Ronaldo just won World Player of the Year anyway. Where was Podolski?

Prof Rubinstein and Dr Miyatoshi won a Nobel for their seminal work on the causal links between gonorrhea,vaginismus and chlamydia on the one hand and supporting Arsenal FC.

Their groundbreaking paper, The link between Arsenal and STDs:The Ugly Truth;is now required reading in any serious academic institution.

I just saw an article in the journal Nature which links supporting Arsenal to repressed child abuse experiences.

I can see now that male Gaynners are obsessed with the functionality of Rio's manhood.

Does anyone seriously believe that any oil company will offer such inventors $2 for each barrel it produces?

There is no similar precedent in the oil industry nor any particular logic to it.

tope2000:
4Play i loff u too jare

Love you too sweetheart

NGKOLI:
@4play
have u checked ur HIV status ,because u r bcomin worst than sly

All I know is that I love this woman and you people think I'm kidding.

presido1:
Tope pastor told her today that she can't find a God fearing man for NL So which pastor is telling the truth?

Tope pastor has an eye on Tope.

Guys,I'm serious,I'm seriously in love with this woman. I can already see us picking out baby clothes for our kids,deciding whose turn it is to take care of the kids or go on school run.

DavidDylan:
Let me show you the Tope he was talking about - https://www.nairaland.com/nigeria?action=profile;u=4811

Tope2000. He even went on NL and specifically pointed to her profile. The Lord is good!

debosky:
So pathetic, 4Play has resurrected and his first act is to join the womanising train?  

This is not womanising. This is a man coming back to reclaim his one true love.

tope2000:
Lol . .  . They have but none have suceeded but david n sauron are tryin sha but can't make up my mind yet
So what happened na, didnt you like the girl or na other way round?

They won't succeed because we were destined to be with each other.

I went to Nigeria and but I couldn't go ahead with the marriage. I felt  strongly in my heart that the woman I really want is back in London and  that I would be making a big mistake.

I had to jilt a woman,literally at the altar,just so that I could be with you.

DavidDylan:
you don late o bros, i don give the girl ring already.  
Abeg leave that sumptious tope alone. She's already changing her surname to mine as we speak.

I went to church today and my pastor told me that the Lord has sent a woman to bring joy and love into my life .He told me her name is Tope and that she is on NL. I was shocked!    

@Tope,

do you know that I actually saw you in my vision.

tope2000:
Lol . . . .
So who be lucky girl you went to marry na

It was a complete and utter waste of my time.

So,how have you been? Hope none of these useless fellows on NL was trying anything with you?

tope2000:
4play where have u been?

I've been looking for you,honest.

I used to stay up at night missing my beloved Tope2000

presido1:
So how far for the wife hunting?

The search continues,still haven't found the One.

Moyola:
hehe. . . . doznt sim like£!

South London Moyola,don't believe you are one of the ''oldies''?

NGKOLI:
4playyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy long time no hun

kedu ka idi my bro  

oo jenny

Na Jenny be this? Long time my sister  

I went to Naija to find a wife. . . long story  

All these mad people still dey on this forum?

This credit crunch never get una? Some new chicks on NL as well. . . . .

I remember a few years ago,while I was in Nigeria,I was listening to the BBC World Service on radio and there was a story on Palestine. As usual,it was about the everyday tribulations of Palestinians under "Israeli occupation".  The Palestinian began his moan by mentioning that things were so bad,electricity and water was running only about 12-15 hours a day.

Electricity and water running only 12-15 hours a day? There I was in pitch black darkness, thanks to NEPA, and only access to water is a self-provided borehole, and the Palestinian people's comparatively far less difficulties is given such saturated media coverage. 

In many parts of Africa,people are starving to death,yet you see a constant stream of obese Palestinians on TV talking about Israeli atrocities.