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Yesterday CNBC had an exclusive Town Hall meeting in a neutral environment. I’m not sure if you were all able to view this 12 PM interview with Q/A’s from ordinary Americans ranging from CEO’s, unemployed citizens, students, teachers, Hedge fund Managers. It was a mix from Main Street to Wall Street. I think President Obama handled it pretty well. Mind you I’m not a Dem nor Repub nor Tea Party. I’m neutral and support the individual who supports America and the working people. I think of the government with different parties as the same person but different face. Now, I know what happens when anyone discusses  politics, people become enraged and become very defensive along party lines and support the party itself but not the cause. I don’t want to start a raging argument in whose better, whose right or wrong. This is what happens at a family function when one talks about politics. It’s terrible.  The bottom line is we all have a common problem in today’s society and it all comes to money, but most of all it’s whats best for America and our families. We have to unite and fight the debt burden that has been brought upon us. Let’s face it, we have issues with Unions getting paid more than the private sector, Health Care issue, social programs (i.e. unemployment benefits, social security), high debt burden, and ever so high deficit. These problems weren’t created over night. I’m not saying it was entirely Bush’s fault but a combination of prior president’s policies.

Now onto President Obama’s Town Hall Exclusive. I want to highlight a few Q/A’s that I thought were handled exceptionally well. I don’t entirely believe his policies are 100% right, but again politics plays a roll into this.

A question by the CEO: IS THIS THE NEW NORM FOR MY FAMILY?: Obama answered very honestly citing the Recession ended June of 2009 but problems still remain. All ordinary Americans were getting used to living in high standards there were set artificially by rapidly appreciating home values. The truth is we still have a high unemployment rate. Problems won’t be solved overnight. We can’t simply continue to spend our way out of it like his predecessordid. We entered 2 wars, fighting a recession, and tackling a very volatile financial industry which was near collapse. We averted a Depression and losses that could have been much much worse. Yes, this recession is worse than any other recession but look at the results from it. Efficiency was improved across company balance sheets most notably in the Car industry by the Big 3.

REFORMS ARE HURTING BUSINESSES: When companies were accustomed with no sets of regulation the country almost fell into a catastrophic Depression. The financial industry was nearly insolvent. They were later Bailed out. Banks were later coined to Big to Fail. If reforms are not made now, do you as a Tax payer want to foot the bill again and passing it on the several generation after you such your kids and their kids. NO that’s why these must be done now. They weren’t popular. I’m not looking toward making these policy changes without taking the consequence of not getting re-elected. I’m looking in the special interest FOR EVERY AMERICAN, NOT FOR MY POLITICAL CAREER;I do it to correct the inefficiencies in America so our children can prosper as many other generations have done so before us. Excellent rebuttal Mr. President its for the common good for the future not for today. Companies will eventually adapt just as when FDR implemented several reforms during his presidency.

WE’RE BECOMING A SOCIALIST ECONOMY: I’ve heard this several times bymany pundits. If they were in my shoes they would have done the same thing to avert the catastrophic collapse of the financial system. The truth of the matter is change was needed. When FDR was President the pundits then; continued the rhetoric of him setting up a  Socialistic economy as well with Medicare,  unemployement benefits,social security, and reforms that have never been witnessed at such magnitude. These changes are needed to avert a recurring issue. Reforms and Regulations are needed.

TAXES: The bottom line is we need to pay down the deficit one way or another. Now 2% of America’s population don’t need the tax cuts. What Obama is proposing is to extend the cuts for the 86% of the population because they cannot afford tax hikes. I approve; families and businesses alike can adjust.

Overall I believe President Obama has a tough task in front of him. We all knew it, and we can’t expect him to be our savior by tomorrow. These problems evolved over time so it would be fair to say the solutions will take time to set in. Though I do believe the damage is too severe, we are however are slowing down the inevitable of several decades of overspending. We cannot avert inflation but we can control the magnitude of such damage.

Now onto the Republican argument. I truly like the way Gov. Christie of New Jersey is tackling the deficit issue for the state. He’s acknowledged the deficit for Medicare and Pension. He’s proposed tough cuts that had the Unions, teachers, firefighters, and police to adopt. These changes are needed and he’s taking the approach if you don’t like it we’ll only face the dire consequence in an inpredecent way that no American have ever experienced. You will thank me when you retire and you recieve the monthly pay checks from you fully funded pensions. These cuts are needed. No other state has taking a staunch posistion as Rep. Gov. Christie has done. I