How long do you think it will be before?

  • Thread starter Thread starter darron m
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darron m

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people realize Obama has no idea how to fix our economy and he actually drives it deeper into a recession or full blown depression...should we just let the free market system right itself?
 
Tell us...what should he do to fix the recession? Everyone is ready to call him a failure before the bill even hits his desk.
 
If you have better ideas then why don't you advice the new government.Who stops you ?Why waste time on YA
 
Hmmm....I'd give him about 1 year. Then all these obsessed brainwashed supporters will hate him along with democratic congress and (hopefully) he will get impeached.
 
idk your guess is as good as mine.the economy wasn't his fault but what is he gonna do to stop it?the recession cant be stopped but I dont think hes gonna help like he promised to everyone one of his followers that ate every word that came out of his lips.I call you followers cause you dont support him you worship him.I think his big promising mouth bit off more than he can chew by far.the poor?are you kidding they have it easy?and Im not saying because obama, by the way.but Its the hardworking middle-class thats been ass raped over and over.
 
The big money boys around the world are already noticing Obama's mouth is not going to solve anything.
 
Let's give Obama his 100 days then see where we are at and go from there, I have my doubts about the guy, but in all fairness let's play his game for awhile.
 
I knew it the first time anyone talked seriously about him. Get ready for Depression: the next generation.
 
he shouldn't do much...you can't fix a recession people....even a real bad one!He's just trying to lessen the pain I guess, especially for the poor....but it will also lengthen the crisis...so...whatever...and the free market did cause it...thanks francoise! the free market has also created every other recession we've had...free market's are always subject to contraction, just as they are subject to over inflation as has been the case because of over-lending...so we had an overly great run, and now we're paying for it...it doesn't mean to turn to socialism...it just means tighter lending standards...more regulated short selling & securities...blah blah.
 
I blame Jesus. F**k that guy. What an as'shole.Oh, I think it will take however much time people spend watching FOX and the conservatives do whatever they can to sabotage Obama's New Deal, just like they always try to rewrite the history of the Great Depression to blame FDR and the "communist infiltration"
 
Do you mean intelligent people or his zombies? Intelligent people already figured it out, his zombies will never figure it out.His trillion dollar plan will bankrupt this country for decades.All it will do is line the pocket of the banks and unions, nothing will be fixed.The economy will fix itself.
 
I think that if they are not still too brainwashed to admit it, they see it already. A grievous injustice has been done to the half of this country that did not vote for him. We are being dragged along behind this man who we have no trust or faith in. The proof was right there all along and they chose to ignore it. Now it cannot be ignored but it is too late.
 
He hasn't just started his job 3 days ago. Stop being so anxious for your president to fail. If he fails then we are all in a situation worse than now. Republican or Democrat. Give him a chance to change things then decide if he can or not.
 
This is a portion from an article in the MarketOracle, back in November 2008 which speaks about deflation and what is happening to the economy. The entire article is very interesting reading. " The Dreaded “D” Word.Suddenly, with prices of many asset groups dropping rapidly, the dreaded “Deflation” word is popping up everywhere. Google “deflation” and you'll find 3,570,000 results.The prospect of Deflation strikes fear into the hearts of Central Bankers because once it becomes entrenched and prices start falling across a broad range of assets, products and services, nervous consumers pull back on spending in anticipation of lower prices in the future. This in turn sends the economy into a deadly downward spiral that sees businesses close down and unemployment skyrocket which in turn drives prices of most things relentlessly lower in a series of vicious feedback loops".Robert Prechter (who has long been warning that deflation was inevitable rather than hyperinflation...which will likely come later) is more confident than ever that “ DEFLATION IS WINNING”. "The Other Dreaded “D” Word". "Nobel laureate economist Paul Krugman recently stated there were very strong parallels between the Great Depression of '29 and the present financial crisis.... “What we learned 70 years ago, and then kind of forgot, was that capitalism needs regulation and management...This is not your father's recession, this is your grandfather's recession”.Even president-elect Barack Obama is aware of the problems that lie ahead when he warns that the financial situation is “likely to get worse before it get better.” Perhaps a lot worse".http://www.marketoracle.co.uk/Article7585.htmlA close friend who has been in the insurance industry his entire career and a top notch actuary explained all of these issues to me in layman's terms to better understand what was going on. The first thing he relayed was AIG went down due to de-regulation. Since insurance companies basically hold up all other industries, if that hadn't been handled, the consequence would have been horrendous. The rest of the first bailout though was not done wisely, nor did the companies that got the money, do what they were suppose to with it. He further explained that when running an actuarial cost/risk ratio analysis, that sometimes the risk of doing nothing far outweighs the cost of doing something. Sometimes money has to be thrown into a situation in order for there to be a gain.I'd rather a big chunk get put out there (properly this time) to plug the hole while other measures are taken, instead of leaving our country sinking in the quicksand.An older Independent
 
Yes. I believe in the free market, but NAFTA is a big wrench in the Free market with the government intervention. We do not need the government "bailing out" anything. OUr kids will never recover from the Trillions of dollars they are borrowing and the taxes will be so great of a burden.
 
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