President Barack Obama Message Board

STOCKTALK

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Politics : President Barack Obama

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To: SouthFloridaGuy who wrote (46001)	11/30/2008 11:56:12 AM
From: koan	Read Replies (1) of 149317

LIG, I do not pretend to understand any of this. I was pretty much just posing a question. In fact I sort of feel like I am just watching this debacle unfold in amazament and noting things. I also have not read anyone who seems to understand this economic debacle. Even guys like Krugman and Stiglitz seem baffled. If they can't get it, I sure won't get it-lol. Krugman writes haltingly e.g about the bailout: "well, I think it was probably necessary and it wasn't too bad, but---". I do know the buying of physical gold has been pretty heavy lately. And I cannot remember the last time I saw gold and the dollar rise together. And it still remans to be seen how big the AIG and bank bailouts will be and what they will do with the auto companies. And states and cities. But I am just an observer and do not even know what I am looking at-lol.

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