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2009-03-11 Home Front Economy

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Posted by Omoter Speaking for Boskone7794 2009-03-11 09:03|| || Front Page|| [4 views ] Top

#1 You don;t need a poll to see a forking Moron.
Way out of his depth, and floundering.

Posted by Redneck Jim">Redneck Jim 2009-03-11 13:05|| 2009-03-11 13:05|| Front Page Top

#2 There are 2 issues here.

What to do about about the gazillion $ in derivatives?

Answer = Nothing.

Everyone who bought or sold these needs to lose every penny. When they do, those with even small amounts of capital left will clean up by buying much cheaper assets and much cheaper goods and services.

2. Obama is using the crisis is using the crisis as a means of advancing his ideological agenda. All politicians do this. It's just he has got access to a much bigger bucket of money than usual and his agenda is unsually extreme.

And he is surrounded by people who know that point 1 will financial wipe out everyone they know.

In summary, letting the derivatives tsunmai happen will devastate what Americans might call the blue state ruling classes, and leave small business people and the working middle class in control for a generation.

Posted by phil_b 2009-03-11 20:39|| 2009-03-11 20:39|| Front Page Top

23:34 A_Rovian_Desciple
23:31 trailing wife
23:25 CrazyFool
23:25 CrazyFool
23:18 trailing wife
23:14 trailing wife
22:43 Skunky Glins 5***
22:40 Grunter
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22:37 Skunky Glins 5***
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22:20 phil_b
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22:08 Pappy
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20:39 phil_b