Obama said “everything is fine, just all is running a bit slow!”, no suprise, It’s also no suprise that he likes to go on as in the past, no suprise. His “Playground-friend” Bernanke, stays, no suprise, the interests rate are as low as never, no suprise, good-dooers are gain after our pockets, no suprise…
So be assured, everything is fine, no suprise…..
Again the tar pits request their sacrifices. Who is it this time you got one guess free.
You got it: The taxpayers. Another priece of astonishing wold outlook. Now guess what the tax money land in the pockets of those in charge for this mess.
And now the politicians are “outraged”. Tell me what for? Havn’t they known this obligations? Could it be that Paulson gets what he has asked for. Absolutly free hand? No control, no supervision? Or what, now tell me what able that man must be to save America the question truely is fine:
What did Geithner know and when?
I do not hesitate to extend it. What did President FUD (aka Obama know)? And if he didn’t from what sums upwards is he supposed to know, or never?
Now guess what would have happendd if AIG would not be any longer. The whole stuff would cost a hundred billions less, maybe not fully, but this would not have been tay payer money. And the debts would not skyrocket.
But again it shows politicians seem not be able to learn: Just a few months ago I wrote
http://fdominicus.blogspot.com/2008/12/who-could-be-suprised.html
It’s nothing new, it’s always the same politicians legally can black mail, rob and get away with it….
“There is no disagreement that we
need action by our government,
a recovery plan that will help to
jumpstart the economy.”
I and many others oppose that, I just suggest reading a few of the comments on finance.yahoo.com
So you are not jut spreading FUD, you simply do lie.
why should anyone follow President FUD. He has not come up with anything but the same old politics. Throwing more money after bad money. So what?
http://www.typepad.com/t/trackback/2224950/39720775
Is it needed to just follow the “wisdom” of President Obama? Or is it still allowed to think yourself?
I critized Obama since the last year. He does not show any sign to change politics from Mr Bush. He burns more and more money. The FED tries to drown the market with money that sooner or later no-one wants to have any longer. They are spending spending spending as if the sky wasn’t the limit. They to not charge the higher ranks of banks and they give those having worked hard for that disastester, even more credit.
Credit has to be earned….
true name for the new “president” Obama.
Absoluter Wahnsinn
Man lese das Google Spreadsheet und dann fange man an zu weinen…
I for my part doubt that very much. It seem he falls in the same traps as others. And that his assumptions on the crisis are still as wrong, and for me it’s clear Obama can not make up for the hopes hanging upon him. I guess he’ll be a better president than His Insanity, but he will pull the wrong strings. The string all politicians need to pull is, more personal responsibility, and indeed it woudl be a good thing to make banker responsible with their property they “earned” at their bank fully. I doubt this will happen and so the banks still will pull in risk they can not handle, if things will go wrong (as thy undoubtly will do someday) they will cry again for ‘mo money. It sucks and as long as Obama does not tackle this really, he’ll be trapped.
I expect a very sharp recesion, even if they spend another few trillions. The only result will be an inflation rate way beyond what we expected the last few decades. Maybe we come back to the rates of the 70ies with around 5-7 % inflation rate. Now tell anything about stealing…. Governement will surely take its share.
I’ve an ungut feeling about this elections in the US. I’m quite sure that the last elections were manipulated, maybe just slightly but what will happen this time? Will they try again to manipulate the elections? What if they succeed? Currently it seems the next President will be Obama, but what if this will turn out to be untrue today? Martial law?
Will America really follow the pathes outlined in so many movies?
I just can suggest anyone to watch the actions and speeches done by the candidates for president.
None, has come up with some own suggestion. McCain even says. “Let’s put aside politiques”. Can anyone explain it to me what politics than means? Are the politicians just responsible for deciding “unimportant” thngs? And see how Obama ask for the same. “Let’s work together”. Should that look like the decision to go to war?
How comes none of them speak up clealy and state. I’m not supporting this and that and suggest instead something else?
No the dare not come out of their defense. Unfortunatly McCain has no obvious defense. He can not stand behind this suggestion he can not stand against it. How long is McCain Republican?
Obamas positon is as “helpless”. He dares not to let down the economy, and he surely can not opt for this plan as is. If he should win then it would be his task to cope with this surely way beyond a few trillions debacle (who believes 700 Mrd, will make it?)
However now that the could state their ideas precisely, you don’t hear from them. There’s no plan, they are busy with bashing the other for less “delicate” things.
I have to conclude none of them really has some backbone. I hoped it’ll be better with a new president…. I may be terrible wrong