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Politics : President Barack Obama

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To: ChinuSFO who wrote (68675)1/23/2010 3:57:12 PM
From: LLCF  Read Replies (2) of 149317
 
Just think, while the stimulus 'softened the blow", ultimately our economy needs a total revamp. The dayz of expansion via credit are over... you can't possibly increase credit. In fact, credit will probaby contract for years to come... ie. depression.

The only question is, will the fed monitize it or let it implode?

New news is that stimulus by "government" is over IMHO... politically untenable. That leave Bernanke.

If the current movement against Bernanke....:

kansascity.com

actually pans out... then whowa!! We could have a real... well, you know.

DAK
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