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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: studdog who wrote (101731)2/28/2009 2:36:44 PM
From: Broken_Clock4 Recommendations  Read Replies (2) of 110194
 
I think he has made rational choices and has a coherent plan.

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I'm not going to belittle what you stated but given even the president's own advisors as well as others have publicly stated there is no way to quantify whether or not O's "plan" will work or not, I would like to hear your thoughts on why it will.

How does continually shoveling trillions of dollars into a raging financial inferno "fix" anything. AIG being the poster child.

If O is truly serious about creating jobs, why not take the trillions and actually spend it on something tangible? 500 schools dedicated to alternative power, an AEC(alternative energy corps) dedicated to putting solar panels on the roof of every home and business in America? The money squandered on AIG would have funded that program easily.

That is but one example and there are, no doubt, many more. All I see is business as usual.
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