The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NOW who wrote (104979)	9/11/2009 12:58:25 AM
From: Gib Bogle	5 Recommendations Read Replies (5) of 110194

He certainly is completely blameless for anything that happened before he became president. The crisis/recession/depression landed in his lap. His reaction to it can certainly be criticized, and has been from both ends of the political spectrum. I'm not competent to say what he should have done. What he did do, clearly, is rely heavily on the advice of people who are right at the heart of the financial establishment. This seemed crazy to me, since these are the very people who either played a part in creating the problem, or were asleep at the wheel. His choice of Geithner and Summers was very disappointing to me. But the really bizarre thing is the amount of abuse Obama is getting from the right wing for his 'status quo' decision to rely on the so-called experts. I can understand why the progressives (leftists) are upset. But why is the right upset? It all seems so fake. I mean, what would the Republicans have done, if McCain had won? They certainly wouldn't have taken Ron Paul's advice, since he's a pariah to the GOP. For that matter, what do you think the president should have done to save the middle class?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next