Obam-o-mics

I plan to write on polices of Obama frequently in future (Obam-o-mics) which are expected to provide impetus to the US economy, which is in state of crisis. After taking over as the president of USA, he tried improve the image of US right. He extended the hand of friendship to the Islamic world and rightly so.
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He condemned the huge bonuses paid out Wall Street executives and called it “Outrageous” and “Shameful”. He also added that they are not going to get any support and might be subjected to tough government decisions if this habit continuous.

The stimulus has been enlarged to $ 900 billion from the earlier size of $ 700 billion. Probably US might need close to $ 2 trillion to remove strains of financial crisis.
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When a visionary is taking tough calls to tighten rules, politicians in India have gone crazy. They did not bother to increase the fuel prices of and let the Oil Navratnas were going virtually bankrupt, when the crude hit highs of $ 140 a barrel. They have reduced the prices by Rs 15 within a period of 2 months, with all eyes on vote bank. Instead the windfall from low oil prices could have been used to subsidize the use of renewables. This would have been a sensible move in long run, but steps like this calls for some “statesmanship” on the part of politicians.

When man is trying to obliterate all the animosity between US and Islamic world, we are not able to solve issues with our neighbour, Pakistan. Things have become worse in last 4 years after Vajpayee extended hand of friendship to Pakistan in 2003-04.

High time our politicians we learn from visionary who promising and is also working towards sweeping changes.