It's only been a month and this guy is out of control. He passes a stimulus that he never even read which isn't going to help anything. He's gonna nationalize banks then health care. We really are going to be a communist state and all of you who got out of the market early and are cash rich don't worry he'll destroy the dollar to so we're all fucked. Am I missing something can someone please make me feel better about this guy? He's gonna cut defense spending which estimates say may eliminate another 1mm jobs I mean what the fuck does fixing a go cart track in Wisconsin have to do with creating jobs? And the short term jobs he's creating are all Blue Collar and most will be filled by illegal aliens what about the white collar guys? PLEASE reassure me that things will be ok; I'm scared for myself, my family and America.
To remove first post, remove entire topic.
It's only been a month and this guy is out of control. He passes a stimulus that he never even read which isn't going to help anything. He's gonna nationalize banks then health care. We really are going to be a communist state and all of you who got out of the market early and are cash rich don't worry he'll destroy the dollar to so we're all fucked. Am I missing something can someone please make me feel better about this guy? He's gonna cut defense spending which estimates say may eliminate another 1mm jobs I mean what the fuck does fixing a go cart track in Wisconsin have to do with creating jobs? And the short term jobs he's creating are all Blue Collar and most will be filled by illegal aliens what about the white collar guys? PLEASE reassure me that things will be ok; I'm scared for myself, my family and America.
I am no apologist for him but the way I see the next few months playing out is :
1. There will be a second stimulus as the first one was a complete swing and a miss. 2. The banks should be nationalized temporarily, and what you are seeing is the expected demise of in particular, but others will follow. 3. He is dedicated to nationalizing health care.It has been long the goal of Democrats to have a single payer system and he will use the meltdown as the reason to get it done (if Blue Dog Democrats go along). 4. The figures being used by his budget are wildly optimistic about "savings" and future revenues...more more taxes on the way... 5. He is doing pretty much what he said he would do during the campaign.He is a dedicated liberal pol from Chicago, that is all....only naifs went for the "change Washington" rhetoric.This is a field day for the boys and girls on K Street, really boom times for any lobbyist, declared or undeclared.
I am no apologist for him but the way I see the next few months playing out is :
1. There will be a second stimulus as the first one was a complete swing and a miss. 2. The banks should be nationalized temporarily, and what you are seeing is the expected demise of in particular, but others will follow. 3. He is dedicated to nationalizing health care.It has been long the goal of Democrats to have a single payer system and he will use the meltdown as the reason to get it done (if Blue Dog Democrats go along). 4. The figures being used by his budget are wildly optimistic about "savings" and future revenues...more more taxes on the way... 5. He is doing pretty much what he said he would do during the campaign.He is a dedicated liberal pol from Chicago, that is all....only naifs went for the "change Washington" rhetoric.This is a field day for the boys and girls on K Street, really boom times for any lobbyist, declared or undeclared.
I think this thread belongs in the Political Forum.
It's only been a month and this guy is out of control.
just remember WHO got us into this mess in the first place, the RepubliCAN'Ts, and I include the years of Clinton because he pretty much went along with all their bullshit esp the deregulation of capital markets which allowed the excessive leverage that eventually brought us the mortgage meltdown which took the whole damn stock market into the tank.
as for single payer healthcare, how much more competetive would this country be IF the corporations were NOT paying for employee health plans? it's one big reason the auto companies moved so many operations to Canada even though Canadian wages are the same or HIGHER than at plants here in the U S.
and btw, the so called "health insurance" companies are NOT in the business of PROVIDING healthcare. they are in the business of DENYING healthcare.
I think this thread belongs in the Political Forum.
It's only been a month and this guy is out of control.
just remember WHO got us into this mess in the first place, the RepubliCAN'Ts, and I include the years of Clinton because he pretty much went along with all their bullshit esp the deregulation of capital markets which allowed the excessive leverage that eventually brought us the mortgage meltdown which took the whole damn stock market into the tank.
as for single payer healthcare, how much more competetive would this country be IF the corporations were NOT paying for employee health plans? it's one big reason the auto companies moved so many operations to Canada even though Canadian wages are the same or HIGHER than at plants here in the U S.
and btw, the so called "health insurance" companies are NOT in the business of PROVIDING healthcare. they are in the business of DENYING healthcare.
This belongs here because ever since the chosen one was elected the markets down 33%. Blame Bush all you want but it was the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Good point about corporations and health plans makes sense to me
LeRinkRat,
This belongs here because ever since the chosen one was elected the markets down 33%. Blame Bush all you want but it was the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Good point about corporations and health plans makes sense to me
the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Oh YA, THAT fucking story. the FACT is that Phil Gramm and the Republicans pushed through the deregulation that allowed the mortgage companies to lay off ANY risk of default on the loans they made to the Wall Street credit markets. THAT'S why all the "NINJA" and "Liar" loans were made.
that and 30 to 40 percent leverage in those markets made a collapse inevitable IF housing prices ever declined even slightly. it was the same reason for the stock market crash in 1929. excessive leverage.
and btw, Alan Greenspan keeping interest rates artificially low was also a HUGE factor.
the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Oh YA, THAT fucking story. the FACT is that Phil Gramm and the Republicans pushed through the deregulation that allowed the mortgage companies to lay off ANY risk of default on the loans they made to the Wall Street credit markets. THAT'S why all the "NINJA" and "Liar" loans were made.
that and 30 to 40 percent leverage in those markets made a collapse inevitable IF housing prices ever declined even slightly. it was the same reason for the stock market crash in 1929. excessive leverage.
and btw, Alan Greenspan keeping interest rates artificially low was also a HUGE factor.
the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Oh YA, THAT fucking story. the FACT is that Phil Gramm and the Republicans pushed through the deregulation that allowed the mortgage companies to lay off ANY risk of default on the loans they made to the Wall Street credit markets. THAT'S why all the "NINJA" and "Liar" loans were made.
that and 30 to 40 percent leverage in those markets made a collapse inevitable IF housing prices ever declined even slightly. it was the same reason for the stock market crash in 1929. excessive leverage.
and btw, Alan Greenspan keeping interest rates artificially low was also a HUGE factor.
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted. Bush, Gramm, Greenspan, and Republicans for the large part are completely irrelevant at this point. You can blame whoever you want for this mess, but the only thing that matters are those with the current power, which happens to be Obama and his cronies. Personally, pushing all politics aside, I cannot think of a least qualified individual to be running things than him right now. Right now, we need someone who understands the economy, not someone who is trying to shove his left-wing, political agendas down our throats.
All the initial posts in this thread were trying to do was point out the mistakes that are currently being made right now. Can you honestly say you are happy with things right now? And saying you are happier than you were for the last 8 years because you hated Bush should be irrelevant in your current analysis. Those 8 years should be sunk costs to you. You cannot possibly tell me that you think Obama is doing a bang up job, or even an adequate job. He is singlehandely (or should I say teaming up with Pelosi and the other idiots in Congress) attempting to turn this country into a socialist nation.
Maybe it is just the fact that I am still at work at 8:30 on a Saturday evening, am in the middle of a nice 80 hour week, will be working all night tomorrow, that makes me pissed off to see what is going on. Why should I work hard, and see my tax money farmed out for all of these democratic pet projects? And should I be happy to watch my 401K dwindle into oblivion because the markets are smart enough to realize this guy doesn't have a clue?
Hope and change my a$$
Quote Originally Posted by LeRinkRat:
the Dems and Barney Frank's that deregulated and wanted everyone to own a home. This in turn collapsed our system.
Oh YA, THAT fucking story. the FACT is that Phil Gramm and the Republicans pushed through the deregulation that allowed the mortgage companies to lay off ANY risk of default on the loans they made to the Wall Street credit markets. THAT'S why all the "NINJA" and "Liar" loans were made.
that and 30 to 40 percent leverage in those markets made a collapse inevitable IF housing prices ever declined even slightly. it was the same reason for the stock market crash in 1929. excessive leverage.
and btw, Alan Greenspan keeping interest rates artificially low was also a HUGE factor.
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted. Bush, Gramm, Greenspan, and Republicans for the large part are completely irrelevant at this point. You can blame whoever you want for this mess, but the only thing that matters are those with the current power, which happens to be Obama and his cronies. Personally, pushing all politics aside, I cannot think of a least qualified individual to be running things than him right now. Right now, we need someone who understands the economy, not someone who is trying to shove his left-wing, political agendas down our throats.
All the initial posts in this thread were trying to do was point out the mistakes that are currently being made right now. Can you honestly say you are happy with things right now? And saying you are happier than you were for the last 8 years because you hated Bush should be irrelevant in your current analysis. Those 8 years should be sunk costs to you. You cannot possibly tell me that you think Obama is doing a bang up job, or even an adequate job. He is singlehandely (or should I say teaming up with Pelosi and the other idiots in Congress) attempting to turn this country into a socialist nation.
Maybe it is just the fact that I am still at work at 8:30 on a Saturday evening, am in the middle of a nice 80 hour week, will be working all night tomorrow, that makes me pissed off to see what is going on. Why should I work hard, and see my tax money farmed out for all of these democratic pet projects? And should I be happy to watch my 401K dwindle into oblivion because the markets are smart enough to realize this guy doesn't have a clue?
For "long term investing" during the Obama tenure.......2 words, and 2 words only---
GOLD BULLION
Obama is nothing but a puppet, but yeah, he has no idea what the f--k he is doing regarding the economy.
Bush administration bailed out the bankers. Obama administration is going to bail out lame-os who don't work, have too many kids, and have no care about doing what is responsible.
Oh hell yes are we all fckued.
Just telling it like it is.
For "long term investing" during the Obama tenure.......2 words, and 2 words only---
GOLD BULLION
Obama is nothing but a puppet, but yeah, he has no idea what the f--k he is doing regarding the economy.
Bush administration bailed out the bankers. Obama administration is going to bail out lame-os who don't work, have too many kids, and have no care about doing what is responsible.
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted. Bush, Gramm, Greenspan, and Republicans for the large part are completely irrelevant at this point. You can blame whoever you want for this mess, but the only thing that matters are those with the current power, which happens to be Obama and his cronies. Personally, pushing all politics aside, I cannot think of a least qualified individual to be running things than him right now. Right now, we need someone who understands the economy, not someone who is trying to shove his left-wing, political agendas down our throats.
All the initial posts in this thread were trying to do was point out the mistakes that are currently being made right now. Can you honestly say you are happy with things right now? And saying you are happier than you were for the last 8 years because you hated Bush should be irrelevant in your current analysis. Those 8 years should be sunk costs to you. You cannot possibly tell me that you think Obama is doing a bang up job, or even an adequate job. He is singlehandely (or should I say teaming up with Pelosi and the other idiots in Congress) attempting to turn this country into a socialist nation.
Maybe it is just the fact that I am still at work at 8:30 on a Saturday evening, am in the middle of a nice 80 hour week, will be working all night tomorrow, that makes me pissed off to see what is going on. Why should I work hard, and see my tax money farmed out for all of these democratic pet projects? And should I be happy to watch my 401K dwindle into oblivion because the markets are smart enough to realize this guy doesn't have a clue?
Hope and change my a$$
If it makes you feel any better I left work every day by 5:30pm this week.
Quote Originally Posted by Wake2002:
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted. Bush, Gramm, Greenspan, and Republicans for the large part are completely irrelevant at this point. You can blame whoever you want for this mess, but the only thing that matters are those with the current power, which happens to be Obama and his cronies. Personally, pushing all politics aside, I cannot think of a least qualified individual to be running things than him right now. Right now, we need someone who understands the economy, not someone who is trying to shove his left-wing, political agendas down our throats.
All the initial posts in this thread were trying to do was point out the mistakes that are currently being made right now. Can you honestly say you are happy with things right now? And saying you are happier than you were for the last 8 years because you hated Bush should be irrelevant in your current analysis. Those 8 years should be sunk costs to you. You cannot possibly tell me that you think Obama is doing a bang up job, or even an adequate job. He is singlehandely (or should I say teaming up with Pelosi and the other idiots in Congress) attempting to turn this country into a socialist nation.
Maybe it is just the fact that I am still at work at 8:30 on a Saturday evening, am in the middle of a nice 80 hour week, will be working all night tomorrow, that makes me pissed off to see what is going on. Why should I work hard, and see my tax money farmed out for all of these democratic pet projects? And should I be happy to watch my 401K dwindle into oblivion because the markets are smart enough to realize this guy doesn't have a clue?
Hope and change my a$$
If it makes you feel any better I left work every day by 5:30pm this week.
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted.
just look at the title and first sentence of the thread. just one month in office and it's now ALL Obama's fault.
sounds pretty political to me!!!
btw, ex for claycourt and KOAJ's posts, there is NO mention on how to potentially PROFIT from the situation which is what the Investments Forum is all about. YOUR post, PALLADIUM is just a RANT!!!
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted.
just look at the title and first sentence of the thread. just one month in office and it's now ALL Obama's fault.
sounds pretty political to me!!!
btw, ex for claycourt and KOAJ's posts, there is NO mention on how to potentially PROFIT from the situation which is what the Investments Forum is all about. YOUR post, PALLADIUM is just a RANT!!!
correction, Not trying to start a fight here, but I don't think this thread was the least bit political until you posted was posted by Wake2002.
is that your graduation year? IF so, do some living before you make judgements. MY generation faced the military draft and Vietnam and THEN saw the economy tank when we got out of the service in the early to mid 1970's because if the first "oil price shock" which was another humbug just like last summer. in recent years as we approached retirement, many of us lost our pensions and healthcare to phony bankruptcy's by corporate crooks who then personally walked away with millions.
so listening to you whine about your 401k, when you have your whole life ahead of you, falls on deaf ears.
correction, Not trying to start a fight here, but I don't think this thread was the least bit political until you posted was posted by Wake2002.
is that your graduation year? IF so, do some living before you make judgements. MY generation faced the military draft and Vietnam and THEN saw the economy tank when we got out of the service in the early to mid 1970's because if the first "oil price shock" which was another humbug just like last summer. in recent years as we approached retirement, many of us lost our pensions and healthcare to phony bankruptcy's by corporate crooks who then personally walked away with millions.
so listening to you whine about your 401k, when you have your whole life ahead of you, falls on deaf ears.
But, man, I hate ETFs like TLT cause no one know how they're priced. To me, an ETF is just an arbitrary price set by a market maker based only on momentum and sentiment------and that is a recipe for slaughtering the little guy (me).
Case in point---back in mid November '08, I think the "bad financials" ETF (SKF) was like 250ish? 3.5 months later, with an even more hideous market on top of even more horrific fundamentals, that same "SKF" is like what, 170ish?
Only way I'd mess with an ETF would be if I were making the market.
Hope all is good. Good year in '09 for Jets now that the Favre fiasco is over.
Yeah, Koaj, FCX isn't too bad.
But, man, I hate ETFs like TLT cause no one know how they're priced. To me, an ETF is just an arbitrary price set by a market maker based only on momentum and sentiment------and that is a recipe for slaughtering the little guy (me).
Case in point---back in mid November '08, I think the "bad financials" ETF (SKF) was like 250ish? 3.5 months later, with an even more hideous market on top of even more horrific fundamentals, that same "SKF" is like what, 170ish?
Only way I'd mess with an ETF would be if I were making the market.
Hope all is good. Good year in '09 for Jets now that the Favre fiasco is over.
If it makes you feel any better I left work every day by 5:30pm this week.
What an a$$, haha. Probably going to be here tonight until the wee hours, but lucky for me we sign off tomorrow, and then it is time for me to engage in a nice 2-3 day bender, and enjoy my favorite month of the year.
Quote Originally Posted by VirginiaHoldem2:
If it makes you feel any better I left work every day by 5:30pm this week.
What an a$$, haha. Probably going to be here tonight until the wee hours, but lucky for me we sign off tomorrow, and then it is time for me to engage in a nice 2-3 day bender, and enjoy my favorite month of the year.
Case in point---back in mid November '08, I think the "bad financials" ETF (SKF) was like 250ish? 3.5 months later, with an even more hideous market on top of even more horrific fundamentals, that same "SKF" is like what, 170ish?
I was wondering about that too BUT I beleive they paid out some big either capital gain or dividend style distributions which has reduced the price.
Case in point---back in mid November '08, I think the "bad financials" ETF (SKF) was like 250ish? 3.5 months later, with an even more hideous market on top of even more horrific fundamentals, that same "SKF" is like what, 170ish?
I was wondering about that too BUT I beleive they paid out some big either capital gain or dividend style distributions which has reduced the price.
correction, Not trying to start a fight here, but I don't think this thread was the least bit political until you posted was posted by Wake2002.
is that your graduation year? IF so, do some living before you make judgements. MY generation faced the military draft and Vietnam and THEN saw the economy tank when we got out of the service in the early to mid 1970's because if the first "oil price shock" which was another humbug just like last summer. in recent years as we approached retirement, many of us lost our pensions and healthcare to phony bankruptcy's by corporate crooks who then personally walked away with millions.
so listening to you whine about your 401k, when you have your whole life ahead of you, falls on deaf ears.
I really don't have much to say to this. You sound like a bitter, whiny old man. Yes I graduated in 2002, yes I am 29 years old. I am old enough, and well-educated enough to know that as a hard-working, upper middle-class American, I am getting bent over and raped by the current administration. And for what, to watch this country turn into socialistic state?
In a time of dire economic straits, the last thing we need is for the government to start pushing a bunch of non-essential programs, and engage in wasteful spending. Alot of people have made good points about why Obama's policies are bad for the economy. Rather than the typical knee-jerk reaction people like you to seem to have anytime someone questions Obama, if you would actually think through what is going on, you might realize that this country as we used to know it, is pretty much going down the drain
Quote Originally Posted by LeRinkRat:
correction, Not trying to start a fight here, but I don't think this thread was the least bit political until you posted was posted by Wake2002.
is that your graduation year? IF so, do some living before you make judgements. MY generation faced the military draft and Vietnam and THEN saw the economy tank when we got out of the service in the early to mid 1970's because if the first "oil price shock" which was another humbug just like last summer. in recent years as we approached retirement, many of us lost our pensions and healthcare to phony bankruptcy's by corporate crooks who then personally walked away with millions.
so listening to you whine about your 401k, when you have your whole life ahead of you, falls on deaf ears.
I really don't have much to say to this. You sound like a bitter, whiny old man. Yes I graduated in 2002, yes I am 29 years old. I am old enough, and well-educated enough to know that as a hard-working, upper middle-class American, I am getting bent over and raped by the current administration. And for what, to watch this country turn into socialistic state?
In a time of dire economic straits, the last thing we need is for the government to start pushing a bunch of non-essential programs, and engage in wasteful spending. Alot of people have made good points about why Obama's policies are bad for the economy. Rather than the typical knee-jerk reaction people like you to seem to have anytime someone questions Obama, if you would actually think through what is going on, you might realize that this country as we used to know it, is pretty much going down the drain
And for what, to watch this country turn into socialistic state?
and your grandparents and parents fought wars against against fascism and communism so a few rich wall street weasels and corporate outsourcing quislings could sell this country to the same Chinese Communists that they fought in Korea snd indirectly in Vietnam in order to make a quick buck? this country is FUCKED because shortsighted people like Jack Welch deindustrialized this country and people like Phil Gramm (AND Bill Clinton) thought "Regulations? We Don't NEED No Stinking Regulations".
in case you haven't noticed, the American middle class has been getting fucked in the ass going back to the days of Reagan. the current concentration of wealth among the top 2% is as high or higher than just before the Great Depression. the Fascist Republicans want everyone working for minimum wage with NO benefits. Obama's plans are just trying to even out three decades of corporate greed.
and as for "You sound like a bitter, whiny old man", I retired early from the airline I flew for because of my stock investments which I had enough sense to get out of and just stick in an interest account (ex for an ocassional trade) BUT yes I AM pissed off that I got my pension and healthcare was stolen by a phony bankruptcy where the boss that fucked up my company then walked away with multimillion dollar golden parachutes.
I don't know what your career or business is BUT good luck. your going to NEED it.
and IF you think more "RepublCAN'T Reganomics" is the answer, you obviously are as clueless as every other so called "conservative" who got us into this current economic mess in the first place.
(I will give you the last word because young fools like you need to have that)
And for what, to watch this country turn into socialistic state?
and your grandparents and parents fought wars against against fascism and communism so a few rich wall street weasels and corporate outsourcing quislings could sell this country to the same Chinese Communists that they fought in Korea snd indirectly in Vietnam in order to make a quick buck? this country is FUCKED because shortsighted people like Jack Welch deindustrialized this country and people like Phil Gramm (AND Bill Clinton) thought "Regulations? We Don't NEED No Stinking Regulations".
in case you haven't noticed, the American middle class has been getting fucked in the ass going back to the days of Reagan. the current concentration of wealth among the top 2% is as high or higher than just before the Great Depression. the Fascist Republicans want everyone working for minimum wage with NO benefits. Obama's plans are just trying to even out three decades of corporate greed.
and as for "You sound like a bitter, whiny old man", I retired early from the airline I flew for because of my stock investments which I had enough sense to get out of and just stick in an interest account (ex for an ocassional trade) BUT yes I AM pissed off that I got my pension and healthcare was stolen by a phony bankruptcy where the boss that fucked up my company then walked away with multimillion dollar golden parachutes.
I don't know what your career or business is BUT good luck. your going to NEED it.
and IF you think more "RepublCAN'T Reganomics" is the answer, you obviously are as clueless as every other so called "conservative" who got us into this current economic mess in the first place.
(I will give you the last word because young fools like you need to have that)
Yeah, there could've been some sort of "dividend distribution." Good point. Well done.
One thing we all agree on.......this economy is horrific, and the politicos in DC have no farking clue how to do anything except waste taxpayers' money and lay a beautiful groundwork for hyperinflation in the years to come.
Rink-
Yeah, there could've been some sort of "dividend distribution." Good point. Well done.
One thing we all agree on.......this economy is horrific, and the politicos in DC have no farking clue how to do anything except waste taxpayers' money and lay a beautiful groundwork for hyperinflation in the years to come.
im still waiting for the media to start to report or "blame" some of this mkt on the obama administrations complete and utter incompetency
i know he inheritied shit but all of his solutions, his budget, his stimulus, his mortgage plans have ALL been laughed at by the market as they continue to sell --------------- a lot of the short ETFs buy puts. when volitility is up, the puts cost more
ccl - this dow 6 handle cannot be blamed on bush
im still waiting for the media to start to report or "blame" some of this mkt on the obama administrations complete and utter incompetency
i know he inheritied shit but all of his solutions, his budget, his stimulus, his mortgage plans have ALL been laughed at by the market as they continue to sell --------------- a lot of the short ETFs buy puts. when volitility is up, the puts cost more
the Fascist Republicans want everyone working for minimum wage with NO
benefits. Obama's plans are just trying to even out three decades of
corporate greed. ------------ rink - dont buy into obama's bullshit. the power of the people in his eyes is granted from taxing the top %s and redistributing that wealth to who he and his administration want.
they have zero interest in destroying the barriers to give the lower to lower-mid class the dream of making it to the top. instead, they tell them that the top classes have stolen from them and kept them down..marx would be proud
the Fascist Republicans want everyone working for minimum wage with NO
benefits. Obama's plans are just trying to even out three decades of
corporate greed. ------------ rink - dont buy into obama's bullshit. the power of the people in his eyes is granted from taxing the top %s and redistributing that wealth to who he and his administration want.
they have zero interest in destroying the barriers to give the lower to lower-mid class the dream of making it to the top. instead, they tell them that the top classes have stolen from them and kept them down..marx would be proud
I am no fan of W Bush, at all, but I agree that this current economic catastrophe is NOT all his fault.
W Bush inherited a mess from Bill Clinton, for sure.
And oh yeah, I agree wholeheartedly that Barack Obama's plans/ policies are horrifying to anyone remotely versed in the most rudimentary of economic fundamentals.
In 40 days, Barack Obama is well on the way to being the worst president in the history of the USA------won't be shocked if that "charismatic" individual resigns before his term is up----his "stimulus package" was literally that pathetic and stupid.
KOAJ-
I am no fan of W Bush, at all, but I agree that this current economic catastrophe is NOT all his fault.
W Bush inherited a mess from Bill Clinton, for sure.
And oh yeah, I agree wholeheartedly that Barack Obama's plans/ policies are horrifying to anyone remotely versed in the most rudimentary of economic fundamentals.
In 40 days, Barack Obama is well on the way to being the worst president in the history of the USA------won't be shocked if that "charismatic" individual resigns before his term is up----his "stimulus package" was literally that pathetic and stupid.
Not trying to start a fight here, but I don't think this thread was the least bit political until you posted. 
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