November 9, 2008 – 8:32 pm
by admin

What will Barak Obama do for Home Builders?
Well we can only hope for change we can believe in. I don’t mean to sound sceptical, but in reality all of Obama’s and McCain’s proposed policy initiatives are nothing more then guidelines. Specifics will be determined hopefully in a concerted effort between the executive, judicial, and legislative branches of government and the public. The breadth of the Internet and the reality of the 24hour instant news cycle makes engagement by the public possible and unprecedented.
Obama has shown a willingness to include the common man in politics. With modern technology and the feedback loop that is the Internet and the 24-hour news cycle, involvement by the unknown citizen is feasible. Not only that, it can also have a meaningful impact.
Does this however put to many cooks in the kitchen? Are there too many people running the show? I don’t know, but I’m willing to bet that compromise will play a big role in an Obama administration, and right now in this age of divisiveness it is a good thing. Obama brings with him a willingness to work with all branches and all factions within government. He also has shown a willingness to compromise without disdain or ridicule. He brings an inclusionary attitude sadly absent from American politics over the last 200+ years.
To be honest, we had two really great candidates for president this year, Senator McCain and Barak Obama. Both were intelligent and forward thinking. McCain however is a fighter, and Obama on the other hand is a lover. In this moment, in this time in American history, we need a lover. McCain’s time I believe was in 2000. He should have beaten Bush then, but he blew it. Poor campaigning, and a lack of funds kept him from winning him the year we needed a smart, fighting president. We could have used McCain’s war experience during 9/11 and through to the invasion of Afghanistan. If McCain had been president 2000-2008, I don’t think we would have had a war in Iraq.
We’ve just picked too many fights in this world over the past several years that need to come to an end. Why did we go into Iraq? … Really does anyone know? Right, lets face it, we didn’t have a reason. The Bush administration has also picked fights with environmentalists over global warming, also fights with France, Canada, Iran, Pakistan, North Korea, China, Gays, Liberals, Conservatives, Illegal Immigrants, unlawful combatents, and Musilims among many others. Right now we need someone who is wiling to compromise, someone willing to heal the “divides that have held back our progress. As Lincoln said to a nation far more divided than ours, ‘We are not enemies, but friends.
Though passion may have strained it must not break our bonds of affection.’”
Many of these fights were either better off not fought, plain ridiculous, or outright wrong. How is history going to treat an administration that fought against the rising tide of global warming despite and in view of overwheling scientific fact. It will treat the opposition the same way we treat with a raised eyebrow of incredulousness to the treatment of the Roman Catholic Church’s persecution of Galileo and his Sun Centered Earth theory or to the South’s generations long religious adherence to segregation. With hidsight we look at the historical evidence and think to ourselves, “Idiots”. I think the same will be thought about Bush and his administration and many of their policies.
Obama isn’t going to be name calling though, lest he raise the ire of Bush’s remaining supporters. Of course he must also not throw stones at the glass house he will inhabit come Janurary. History will have no problems casting those stones for Obama. So now that the election is over, expect little to no mud slinging from his side. That is not the path he will take. In his speech he promised to “resist the temptation to fall back on the same partisanship and pettiness and immaturity that has poisoned our politics for so long”. Obama’s journey will be one of a uniter. He shouldn’t be everything to everybody. He shouldn’t try to fix everything by micromanaging the economy, the war, and the country piece by piece. He should simply stick to being an inspirational leader. He will accomplish more as this type of leader then one in which he violetnly takes the reins. Bush was pretty rough with his tough-love leadership approach, and his poor decision making affected us all. I think skinny kid Obama will take the intellectual, gloved hand approach. That is what I am hoping anyway.
What will Obama do for the home builder? I think his focus should rightly be on the economy as a whole and not one specific industry, so lets take a look at the specifics his plans that relate to contractors and their consumer home owners.
- Zero capital gains rate for investment in small businesses: He wants to eliminate all capital gains taxes on investments made in small and start-up businesses. This is huge for builders because most builders are small businesses. If small business owners such as myself can attract investors with the lure of paying zero tax on their profits, that is a major incentive to bring investment dollars into the small business community and away from corporate powerhouses.
- Investment in roads and bridges and schools repair: He wants to invest in the construction industry. This can only help builders and more specifically general contractors.
- Instruct the Secretaries of the Treasury and Housing and Urban Development (HUD) to use their existing authority to more aggressively modify the terms of mortgages: A good idea on the surface, but much harder to implement, and thus should offer no real release over what the banks are already trying to do for their delinquent clients.
- 25 Billion to States to avoid raising property tax increases: This is pretty much a worthless proposition. Taxes on properties are a small portion of the total cost of ownership of a piece of mortgaged propert. If a slight increase in property taxes were to occur, it should not incur increased delinquency.
- A nationwide emergency lending facility for small businesses that could be run through the SBA’s Disaster Loan Program: This could be a quick way to access funds in a pinch; although I don’t agree with the premis that to save us from the credit crisis we need to loan more money.
- Invest in a clean energy economy and create 5 million new green jobs: Investing in new technology has always been a successful enterprise by government. The Internet, GPS, even teh telephone system were all initially funded by the government. The next big breakthrough will likely come from Obama’s push in this direction. Young entrpenuers should keep their eyes and ears out for opportunities that his government program will create.
On par I think Obama has some good idea, some politically motivated ideas, and some bad ideas which is pretty common for a politician. Let us pray he give us th best he has to offer. If that still isn’t good enough, and if the US doesn’t climb out of our downward spiral, then lets kick him out in four years.
-db
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