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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (37330)	10/9/2008 7:48:51 PM
From: koan	Read Replies (1) \| Respond to of 149317

koan: It is a simple equation: we are in th emidst of a deflationary meltdown and the only way out if to refalte----but how does one do that?? tejek: By cutting interest rates and flooding the markets with liquidity?" koan: "Exactly, and what does that do to the dollar? I mean, I think we are toast regardlesss.

To: tejek who wrote (37330)	10/9/2008 8:30:37 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 149317

also we need a leader that inspires trust. Thats a big part of it. Its like the NY times headline when the bailout first fell... "LEADERLESS" and a picture of Bush walking away. This is a pervasive feeling that is hurting our markets. I might be naive or an idiot, but at this point I do not think that main street is feeling the same kind of carnage as the financial market - YET. A few weeks ago it looked like main street was going down the sewer with stocks, but the bailout passed and the companies I know started to get credit, and California is going to be able to get credit. So maybe we have a recession and start to thaw when Obama comes to office.