Tuesday, February 10, 2009

Maybe if he weren't a tax cheat

we could trust him? Nah. He'd be doing Obama's bidding even if he were honest. Stocks fell again today. The markets have fallen continually since Obama became the candidate of the Dems in the summer. Why does Obama blame Bush for overspending when he's doing double triple time to out do him? Wasn't he a senator in a Democratic controlled Congress? Spending too much got us here; more spending takes us back to the 30s where FDR put us in a 10 year Depression. He's passing out lip-smackin' pork cracklins to his left wing buddies who put him in office.
    U.S. Treasury Secretary Timothy Geithner may have wanted to put an end to the never-ending credit crisis by announcing a comprehensive approach to saving the banking system, but all he succeeded in doing Tuesday was adding uncertainty. Forbes here.

      "The Obama administration is scrambling to get a grip on the economy as it continues its descent, including rising unemployment, falling housing prices and mounting foreclosures. The government's solution is a one-two punch: $800 billion in economic stimulus and the financial system stability plan.

      Geithner wants to reverse the damage done by the previous administration's ad-hoc reaction to the banking crisis, which he faulted Tuesday for being "inadequate" and slow."

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