unclej0

Fannie / Freddie - What Does Treasury Know?

Politically motivated wailing is not a good substitute for problem solving. Obama may be wrong about this and that but the angry voices in the room are not helpful. He gets a passing grade for rationality in a very uncertain and troubled world.

He promised to change Washington but Washington is controlled by guys with very deep pockets. There is no certainty of success.

Charlie Gasparino: Another Crash 'Has to Happen Again'

There is no great difficulty in directing taxpayer money into more useful channels than the huge bank bonuses. The government has the power to tax incomes - so put a big league tax on the bonuses. It's fair and just to do that.

Caveat: they will fight it with all of their pr and lobbying powers.

Wall Street Breakfast: Must-Know News

I think you are either misguided or else careless in ignoring clear facts. Obama's ultimate outcome cannot now be known but his budget and his recovery plan are certainly not more of the same. That is why the Republicans, who represent more of the same, are so fiercely opposed.

Haven't you noticed?


On Feb 27 09:19 AM hanson001 wrote:

> The table of contents of Obama's new budget displays a heading Inheriting
> a Legacy of Misplaced Priorities. The verb, Inheriting, is used
> by Mr. Obama every time he communicates with the American population
> about the economy. This is a word he must use as he leads the country
> into greater problems. Use of this verb, he hopes, will get the
> blame off him. He is already looking out four years.
>
> I can not wait for the next president to come and use the verb inherited.
> What happened to hope and change Mr. Obama. It looks like more of
> the same. Dang!

Why Bailouts Are Not the Answer

Doesn't increased savings require discretionary income?

The government can either pay for unemployment or it can build infrastructure and create jobs. I'd rather have the infrastructure.

We do need intelligent government intervention. Paulson, however, is the poster boy for bailing out deadbeats. The sheriff is in cahoots with the outlaws. That seems to be the rule in the Bush administration.