Can the Economy Hold On…
… Until Bush leaves office?
Two months doesn’t seem like a long time until you realize that it’s only been two months since Lehman Brothers.
Tags: Bush
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I don’t know. Krugman doesn’t seem sanguine about it.
Whatever the Treasury is doing sure doesn’t look like it is helping anything. And I read someplace that whenever Paulson says everything is under control, something else blows up. And I guess that since he told Congress last week that the banks are stable, it looks as though Citibank may be ready to blow up.
The similarities between Bush and Nero are quite striking. (Although the story of Nero’s fiddling while Rome burned is debatable.)
I think a lot of bad things can happen while Bush does…whatever it is that he does. I know Obama is trying to honor the “one president at a time” thing but at some point he’s going to have to step it up if Bush won’t act.
Constitutionally Obama can’t do anything until sworn in. Bush is vindictive and mean spirited. He knows he is leaving a mess but as Hannity and Rush are saying …its an Obama Depression.
You can bet 6 months from now, the repukes will turn this financial mess they created onto Obama “created” mess.
The republicans have always hated social security, social programs and anything that helps out the poor and working poor. They want to make sure its all but impossible to fix this economy so they can blame all the problems on Obama and they have something to run on in 4.
Check out the MarketWatch blog. Even the stock brokers are scared to death we are already in a depression worse than the 1930’s and see us remaining there for at least 10 yrs.
The real question is can the economy survive an Obama administration…. Socialism is very expensive, and the taxpayers simply don’t have the funds to pay a huge tax bill.
It’s kind of funny that Barry (with his exceptional, unproven leadership skills) has stayed silent since his victory. The stock market has suffered greatly because of the uncertainty of Obama. He takes the right step today, and *boom* guess what… The stock market jumps 400+ points.
Is this really the change we need???
I hope to God this guy is successful, but it’s hard for me to have faith with an empty suit in the office.
I know you guys think he is the messiah, and he will fix everything. When the kool-aid wears off and reality hits, you will think otherwise.
What’s the deal with the troll infestation lately?
They’re very concerned.
No, seriously. Barak Obama HAS flushed this country’s economic future down the toilet these last 28 years, with the socialist ideas he’s been espousing since 2007. Ideas like raising the top end tax rate to pre-Bush levels.
You commies just don’t get it!
So where’s the comedian Mark O been over the last 8 years that his own boys have been busily looting the economy?
I’m guessing Mark O is very young. College age at most.
Paulson is a stooge for Wall Street. Citibank were sayin they didnt need the bailout so why did Paulson give them $304 billion they didnt need. Paulson again gave the money will no strings attached while forcing the Big 3 to come up with a plan. Its interesting the repukes have no problem giving white collar criminals all the money they want with no plan, but blue collars who are asking for a “loan” not a bailout are turned down flat.
That idiot Castle was saying during the primary he “absolutely wouldn’t give the big 3 a bailout”, but no problem with the bankster/gangsters who filled his campaign coffers. This is nothing less than union busting even if it pushes our economy straight into a depression worse than the 30’s.