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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (454641)2/6/2009 12:55:14 PM
From: d[-_-]b  Read Replies (1) of 1574678
 
But retiring the bad debt does nothing if the economy is in a downward spiral... there will just be more bad debt. Asset prices have to rise, and that takes general economic activity.

In our markets - it only takes the sense that the bottom has been reached. Did you see the markets rise on word of a "bad bank" plan yesterday?

Clearing the bad debt which is a drag on everything should be job #1. Having Obama blather on about doom and gloom to motivate passage of his spending plan does not help matters - he should do that kind of crap behind closed doors and be more reassuring - it's frankly bush league for the junior senator.
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