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do you think obama will rest on the 7th day? the largest banks are some of the largest political donaters. they buy nice pieces of both parties. the uaw owns a large piece of obama and the democrats. the bailouts were bought and paid for by bribes long ago.
Jan 10 09:25 am
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All Comments by fireball »Obama Calls for Doubling Renewable Energy in Three Years [View article]
maybe obama should decare peace in the middle east.
think of the ratio of americans that called their congress critters to say no bailout. if the banksters had been allowed to die would several regional banks be stepping up? it seems logical to me but since the market is and has been a regulated-deregulated, mess of political favor and pay-off for decades who can guess? if the big 3 auto-clubs die would it make room for smaller innovaters to rise? anyone seen the new highly automated ford plant in brazil? wonder how the socialist workers party (oops i mean uaw) would react to auto automation?
let's throw a trillion at subsidising innefficient green energies that have the favor of politicians instead of letting the efficient rise to the top. it may not be a good plan but it is good enough for govt..
i must be cynical but i don't believe in saint algore, the 2nd coming of obama, or in the new gaia religion. i know i'm a heretic.
it looks like we will keep skipping down the merry path of keynes-folly at least in govt. policy. the genius of the pres.-elect seems to be to keep the authors of economic disaster in charge just re-shuffled a little bit.
meet the new boss, same as the old boss.
to avoid confusion. i am against all subsidies. govt. does a lousy job in business. why would we expect anything else from a bunch of lawyers.
good luck to all of you that are trying to make money trading and investing no matter your theories or political opinions. may you make lots of obscene profits.