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	<title>Comments on: Now That Obama Has Won, What&#8217;s Next?</title>
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	<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html</link>
	<description>Finances transformed by faith</description>
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		<title>By: It&#8217;s cold!</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2782</link>
		<dc:creator>It&#8217;s cold!</dc:creator>
		<pubDate>Sat, 08 Nov 2008 15:13:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2782</guid>
		<description>[...] Obama has won, what&#8217;s next? [...]</description>
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<p>[...] Obama has won, what&#8217;s next? [...]</p>
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		<title>By: Ron@TheWisdomJournal</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2759</link>
		<dc:creator>Ron@TheWisdomJournal</dc:creator>
		<pubDate>Fri, 07 Nov 2008 16:41:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2759</guid>
		<description>Taxing oil profits is one sure way to raise your prices at the pump. Guaranteed.

Putting more money into the hands of the government has never caused spontaneous prosperity to come to a nation. 

What gets rewarded is what gets done. What gets punished doesn&#039;t get done again. The problem with those who believe in central planning is they have no concept of basic human psychology.

&lt;abbr&gt;&lt;em&gt;Ron@TheWisdomJournals last blog post..&lt;a href=&quot;http://feeds.feedburner.com/~r/TheWisdomJournal/~3/445102132/&quot; rel=&quot;nofollow&quot;&gt;Are You Ready For Black Friday?&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Taxing oil profits is one sure way to raise your prices at the pump. Guaranteed.</p>
<p>Putting more money into the hands of the government has never caused spontaneous prosperity to come to a nation. </p>
<p>What gets rewarded is what gets done. What gets punished doesn&#8217;t get done again. The problem with those who believe in central planning is they have no concept of basic human psychology.</p>
<p><abbr><em>Ron@TheWisdomJournals last blog post..<a href="http://feeds.feedburner.com/~r/TheWisdomJournal/~3/445102132/" rel="nofollow">Are You Ready For Black Friday?</a></em></abbr></p>
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		<title>By: Joshua</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2740</link>
		<dc:creator>Joshua</dc:creator>
		<pubDate>Fri, 07 Nov 2008 05:38:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2740</guid>
		<description>Let me ask a question: Why is the issue about raising more money through taxes?  Surely anyone who runs their household knows that there are really two answers to a budget - increase revenue and cut back expenses. Why are there not more promises to &quot;trim the fat&quot;, so to speak? Cut back on programs that are stale and out of date? To un-subsidize certain markets? And the list could go on.....

Truly, we have never had a truly balanced budget. Even under the Clinton administration the budget wasn&#039;t balanced. Rather we had enough income to pay down what we owed. But we have never been at 0.

So in the end, can we ever really expect to see a &quot;balanced budget&quot; in the truest sense?

With God, all things are possible. With man... well, let&#039;s just say we consistently fall short.

&lt;abbr&gt;&lt;em&gt;Joshuas last blog post..&lt;a href=&quot;http://blog.accountableliving.com/2008/10/18/how-wealth-undermines-our-wellbeing.aspx?ref=rss&quot; rel=&quot;nofollow&quot;&gt;Stewardship: What does it mean?&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Let me ask a question: Why is the issue about raising more money through taxes?  Surely anyone who runs their household knows that there are really two answers to a budget &#8211; increase revenue and cut back expenses. Why are there not more promises to &#8220;trim the fat&#8221;, so to speak? Cut back on programs that are stale and out of date? To un-subsidize certain markets? And the list could go on&#8230;..</p>
<p>Truly, we have never had a truly balanced budget. Even under the Clinton administration the budget wasn&#8217;t balanced. Rather we had enough income to pay down what we owed. But we have never been at 0.</p>
<p>So in the end, can we ever really expect to see a &#8220;balanced budget&#8221; in the truest sense?</p>
<p>With God, all things are possible. With man&#8230; well, let&#8217;s just say we consistently fall short.</p>
<p><abbr><em>Joshuas last blog post..<a href="http://blog.accountableliving.com/2008/10/18/how-wealth-undermines-our-wellbeing.aspx?ref=rss" rel="nofollow">Stewardship: What does it mean?</a></em></abbr></p>
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		<title>By: Miranda</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2729</link>
		<dc:creator>Miranda</dc:creator>
		<pubDate>Thu, 06 Nov 2008 16:38:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2729</guid>
		<description>Great point about how there are other issues to contend with. And, of course, if the Dems can&#039;t get it done with the majority they have and the White House (I am always leery one one party has both the legislative and the executive), then we change the face of Congress in two years.

However, I think most of us won&#039;t see any earth-shattering changes in our finances. And, as always, paying attention to wise decisions in our own financial lives is what will best help us through this time.

&lt;abbr&gt;&lt;em&gt;Mirandas last blog post..&lt;a href=&quot;http://feeds.b5media.com/~r/b5media/YieldingWealth/~3/76cB4Lrf0Uk/&quot; rel=&quot;nofollow&quot;&gt;Ask the Piggy Bank: Reader Debt Question — College, Home Equity, or Car Loan?&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Great point about how there are other issues to contend with. And, of course, if the Dems can&#8217;t get it done with the majority they have and the White House (I am always leery one one party has both the legislative and the executive), then we change the face of Congress in two years.</p>
<p>However, I think most of us won&#8217;t see any earth-shattering changes in our finances. And, as always, paying attention to wise decisions in our own financial lives is what will best help us through this time.</p>
<p><abbr><em>Mirandas last blog post..<a href="http://feeds.b5media.com/~r/b5media/YieldingWealth/~3/76cB4Lrf0Uk/" rel="nofollow">Ask the Piggy Bank: Reader Debt Question — College, Home Equity, or Car Loan?</a></em></abbr></p>
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		<title>By: Pres. Elect Obama&#8217;s Economic Plans - How Do They Affect You and the Nation? &#124; Credit Withdrawal - Helping You Kick the Credit Habit</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2724</link>
		<dc:creator>Pres. Elect Obama&#8217;s Economic Plans - How Do They Affect You and the Nation? &#124; Credit Withdrawal - Helping You Kick the Credit Habit</dc:creator>
		<pubDate>Thu, 06 Nov 2008 13:04:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2724</guid>
		<description>[...] Now That Obama Has Won, What’s Next?. - Bible Money Matters   Tags: healthcare, Obama, Stimulus Package [...]</description>
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<p>[...] Now That Obama Has Won, What’s Next?. &#8211; Bible Money Matters   Tags: healthcare, Obama, Stimulus Package [...]</p>
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		<title>By: deepali</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2708</link>
		<dc:creator>deepali</dc:creator>
		<pubDate>Wed, 05 Nov 2008 22:51:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2708</guid>
		<description>By and large, Obama ran a positive and less deceitful campaign (see factcheck.org and other sites for details) than McCain, though I don&#039;t attribute negativity to McCain but some of the people around him. Like Miranda, I am cautiously optimistic that this will mean good things for all of us together.  

All that being said, I have never understood why anyone expects a president to keep all his promises (and especially why people are bitter that he doesn&#039;t).  Do people not learn civics and government?  We do have an entire legislative branch...!

As for paying for things - I believe letting Bush&#039;s tax cuts expire for the folks over 250K is one way.  Taxing oil profits is another way.  And there&#039;s talk of increasing capital gains tax.  Can&#039;t say any of these are fabulous ideas, though I would love to see the subsidies and credits to oil companies go.

&lt;abbr&gt;&lt;em&gt;deepalis last blog post..&lt;a href=&quot;http://paradigmshifted.wordpress.com/2008/11/05/yes-we-did/&quot; rel=&quot;nofollow&quot;&gt;yes we did&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>By and large, Obama ran a positive and less deceitful campaign (see factcheck.org and other sites for details) than McCain, though I don&#8217;t attribute negativity to McCain but some of the people around him. Like Miranda, I am cautiously optimistic that this will mean good things for all of us together.  </p>
<p>All that being said, I have never understood why anyone expects a president to keep all his promises (and especially why people are bitter that he doesn&#8217;t).  Do people not learn civics and government?  We do have an entire legislative branch&#8230;!</p>
<p>As for paying for things &#8211; I believe letting Bush&#8217;s tax cuts expire for the folks over 250K is one way.  Taxing oil profits is another way.  And there&#8217;s talk of increasing capital gains tax.  Can&#8217;t say any of these are fabulous ideas, though I would love to see the subsidies and credits to oil companies go.</p>
<p><abbr><em>deepalis last blog post..<a href="http://paradigmshifted.wordpress.com/2008/11/05/yes-we-did/" rel="nofollow">yes we did</a></em></abbr></p>
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		<title>By: Christopher</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2706</link>
		<dc:creator>Christopher</dc:creator>
		<pubDate>Wed, 05 Nov 2008 18:17:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2706</guid>
		<description>Maybe he meant, &quot;green card&quot; jobs?</description>
		<content:encoded><![CDATA[<p>Maybe he meant, &#8220;green card&#8221; jobs?</p>
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		<title>By: Peter</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2703</link>
		<dc:creator>Peter</dc:creator>
		<pubDate>Wed, 05 Nov 2008 17:06:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2703</guid>
		<description>Not sure if you were watching the same campaign - Obama had a lot of negative advertising running where we live.  Keeping it positive?  Not so much in my estimation.  Running a good campaign?  Definitely - he took it to McCain and won fair and square. 

I hope you&#039;re right about his character, I&#039;m not as confident in his abilities to unite and improve things in this country, but we shall see!</description>
		<content:encoded><![CDATA[<p>Not sure if you were watching the same campaign &#8211; Obama had a lot of negative advertising running where we live.  Keeping it positive?  Not so much in my estimation.  Running a good campaign?  Definitely &#8211; he took it to McCain and won fair and square. </p>
<p>I hope you&#8217;re right about his character, I&#8217;m not as confident in his abilities to unite and improve things in this country, but we shall see!</p>
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		<title>By: Miranda</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2702</link>
		<dc:creator>Miranda</dc:creator>
		<pubDate>Wed, 05 Nov 2008 16:58:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2702</guid>
		<description>I agree that the ability to keep all campaign promises is dubious at best -- for ANY politician. However, I was inspired last night by Obama&#039;s obvious desire to unite us, and the fact that he made it clear that he expects a tough road, and that he hopes will all pull together. I think there is a lot to be said for the way he remained mostly positive in the campaign. I think he has good character and will do what he can to keep the promises that will have the most impact on the most people.

Do I sound like a hopeless idealist? Let the cynics begin the attack...

&lt;abbr&gt;&lt;em&gt;Mirandas last blog post..&lt;a href=&quot;http://feeds.b5media.com/~r/b5media/YieldingWealth/~3/xR4Us5gK_as/&quot; rel=&quot;nofollow&quot;&gt;The Economy and a Barack Obama Presidency?&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>I agree that the ability to keep all campaign promises is dubious at best &#8212; for ANY politician. However, I was inspired last night by Obama&#8217;s obvious desire to unite us, and the fact that he made it clear that he expects a tough road, and that he hopes will all pull together. I think there is a lot to be said for the way he remained mostly positive in the campaign. I think he has good character and will do what he can to keep the promises that will have the most impact on the most people.</p>
<p>Do I sound like a hopeless idealist? Let the cynics begin the attack&#8230;</p>
<p><abbr><em>Mirandas last blog post..<a href="http://feeds.b5media.com/~r/b5media/YieldingWealth/~3/xR4Us5gK_as/" rel="nofollow">The Economy and a Barack Obama Presidency?</a></em></abbr></p>
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		<title>By: How Obama&#8217;s Administration will Affect Your Money &#124; Cash Money Life</title>
		<link>http://www.biblemoneymatters.com/2008/11/now-that-obama-has-won-what-does-it-mean-for-the-economy.html/comment-page-1#comment-2701</link>
		<dc:creator>How Obama&#8217;s Administration will Affect Your Money &#124; Cash Money Life</dc:creator>
		<pubDate>Wed, 05 Nov 2008 16:39:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.biblemoneymatters.com/?p=1500#comment-2701</guid>
		<description>[...] Now That Obama Has Won, What’s Next?.   addthis_url = &#039;http%3A%2F%2Fcashmoneylife.com%2F2008%2F11%2F05%2Fhow-president-obama-will-affect-your-finances%2F&#039;; addthis_title = &#039;How+President+Elect+Obama%26%238217%3Bs+Administration+Will+Affect+Your+Finances&#039;; addthis_pub = &#039;&#039;; [...]</description>
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<p>[...] Now That Obama Has Won, What’s Next?.   addthis_url = &#8216;http%3A%2F%2Fcashmoneylife.com%2F2008%2F11%2F05%2Fhow-president-obama-will-affect-your-finances%2F&#8217;; addthis_title = &#8216;How+President+Elect+Obama%26%238217%3Bs+Administration+Will+Affect+Your+Finances&#8217;; addthis_pub = &#8221;; [...]</p>
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