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  • President Obama's Effect on the Market [View article]
    "there's a difference between buying a house and buying a house on fire." - Jamie Dimond

    The American economy was already "on fire" long before Obama was elected.
    Wall Street and big corporations begged the government to do something.
    The American voters emphatically rejected Republican policies in November 2008.
    Barack Obama has been in office less than two months.

    Am I happy with what Obama has done to date?

    No. But,I do not blame him for the way things are on March 11, 2009.

    I'm not a big fan of socialism either, but slash-and-burn-neocon-... got us where we are today and it sucks. lost %50 of the value of your portfolio or house? tough. you live in a capitalist country where all of the safeguards which would have at least minimized this mess were hacked away due to the bullying influence of corporate lobbyists.

    unfettered capitalism has done this to America more than once, but the greedy and the powerful don't really care because they'll get by no matter what.

    Obama will probably stumble through this mess one way or another. It will not be pretty. The Republicans and their leaders Mitch McConnell, Richard Shelby and Rush Limbaugh and John Boehner are doing everything they can to poison the waters. Their patriotism is very suspect.
    Mar 11 05:13 am |Rating: 0 -1
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