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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (175362)1/6/2009 2:17:01 PM
From: Smiling BobRead Replies (5) of 306849
 
I think Obama has given up already. He knows it's futile. Look how badly things have deteriorated in the past year. Obama is working with the hand he's been dealt. Despite what every govt expert professes, this is beyond repair with monetary or fiscal policy. That's hard to accept when you've entrusted your whole career with advice you've been fed through the halls of the Ivy League. But Obama must know by now how rotten things are. He's been duped by the Madoffs in the Fed and the Treasury.

Is he ready to let the chips fall as they may and write off his presidency as the one which struggled through a depression? No. So he's fallen back on the only thing the clowns know, which is inflate something somehow somewhere and hope a solution is found. And to do that, he's relying on those who know the game.
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