Dear Suzie Orman: You don't know what the hell you are talking about!

[CTyankee]

Orman prances onto Mornin Ho today and gives her "verdict" of Obama's speech. She says she asked her "driver" this morning on the way to the studio and he said "I have hope." Then she launches into her "sure, hope is great, but Obama didn't tell us how the stimulus would actually help."

Well, Suzie, I don't have a chauffeur to talk to but I do have a woman who cuts my hair and a school nearby that really needs infrastructure work. Her husband is an electrical contractor and, since no one is putting in new kitchens or having additions onto their homes, his work has dwindled to practically nothing. That school+stim $$$=job for him and others like him.

I can easily tick off the names of other people I know/work with/are neighbors to, that I can put together with jobs as a result of stim money.

Is there some reason, Suzie, that you don't get this?

[walkaway]

1. Suzie makes more than $250,000.00 a year

and she is to greedy too care about other peoples pain. The perfect repuglican.

[SammyWinstonJack]

3. She's a corporate tool.

[NRaleighLiberal]

2. To my wife and I, she is just another narcissist in love with the sound of her voice.

And the list of those types is very, very long....all created by the ballooning of TV channels and the need to fill the 24 hour news cycle.

We don't watch any of it. All I know of is what I read here and elsewhere. I've never been so happy with a decision as to when we got rid of cable TV.

[SoCalDem]

4. She's the Dr. Phil of finance

occasinoally she makes sense..but usually she just doles out the obvious..

[demodonkey]

6. And patronizes while doing it. Ugh. nt

Most of the people she counsels got into financial trouble because of the 'thugs' policies anyway.

[Blackhatjack]

5. To answer your question... Yep! She is divorced from reality ....

Her get tough advice is just fine for everyone else since she has made her nut.

I'll listen to her after she goes and works a real job and lives with a real family struggling to get by. It wouldn't hurt her to work a few days in a soup kitchen and a homeless shelter either.

Not everyone can fix their own situation by following her advice, and the government does have a role to play here.

[customerserviceguy]

7. She did work as a waitress for many years

although you can make a case that it was so many years ago that she might have lost touch.

Still, many people who made it to the top have not forgotten the hard work that got them there.

[customerserviceguy]

8. She takes a different approach, because she has to

President Obama has to use a different method of speaking, because he is trying to rally an entire nation. Suze Orman tries to get into the heads of her audience one person at a time.

Frankly, the two approaches are at odds with each other, because not borrowing and spending defeats the President's purposes, while it achieves the aims of Orman's solutions to one's economic situation.

[poverlay]

9. Why is it Obama's responsibility to hand hold these morons through every detail over and over again?

They know where they can get all the detail they want. The President is a leader. I don't want him hammering out every detail, and I certainly don't want his speeches to be the minutiae information desk.
Maybe he should give an eight hour speech wherein he slooowly explains every aspect of every detail and the reasoning thereof. Then say: I'll see all you Republicans here next week for paragraph two... A couple of those and the Republicans, who can't even follow a thought all the way through to the end, will be begging for less detail. Their heads will explode. They know they can't deal with anything longer than a bumper sticker or more complex than S. Palin, so they must be complaining about it just to have something to complain about. If that is the best they can come up with then they're in big trouble~ politically, financially, evolutionarily, etc..

[CTyankee]

10. Either Maxine Waters or Barbara Boxer addressed just what you said.

She said that if Obama had gone through a long explanation of the details then critics would be saying he was being too specific!

Damned if you do and damned if you don't...

[snappyturtle]

11. I heard her this morning too. What got me was her compalint that the President

didn't give us the minute details! I just want to get a fist full of her starched collar to get her attention how SHE would get the minute details out in 45 minutes.

[Stevenmarc]

12. As much as I like to support my gay kinfolk, I would rather have

a red hot fireplace poker shoved into my skull then listen to this shrill financial bloviator.

[chimpyisstillsatan]

13. Suze's in cash

but recommends dollar cost averaging and stock market mutual funds to the rest of us. In a crashing market. 'nuff said.

[lunatica]

14. She's probably scared she's going to lose her clientele now that they're losing their shirts

on her recommendations.

[LibertyLover]

15. My husband keeps throwing Suzie's financial advice

at me and telling me that I need to start using it. Yeah, I'd love to have a year's worth of income in our savings account honey - so when are you going to get up off your ass and find a job so I'm not the fuckin' sole support of our family? Oh, and that bankruptcy filing I had to make in December because I simply couldn't keep up with the bills since you first wouldn't and not can't find a job? Yeah, we'll just ignore the fact that half my salary now goes to paying the trustee, with not a lot left over for saving and socking away like good ol' Suzie says. Gods, I loath that woman. :argh:

[CTyankee]

16. Where does she think people will find cash to put away?

Even if you had stock that you tried to liquidate, you'd get practically nothing for it. What little I have I inherited from my mother and my advisor is the same one that she had. I like him a lot; he did a lot for my mother several years ago, but he wants me to "get into the market at the bottom cuz it will go up eventually." I told him that I don't eat "eventually," I eat every day. That being the case, pure and simple, I am not "going back in" to anything -- I'm even worried about the cash sitting in a money market account, but you've gotta put it somewhere...