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

To: H-Man who wrote (45300)	11/20/2008 5:58:13 PM
From: stockman_scott	2 Recommendations Respond to of 149317

<<...The market has no faith in Mr. Obama..>> Actually the market has no faith in Bush and Paulson...and we have a lame duck Congress that's not acting in a decisive way either. We may not see confidence start to rebound before we have an Obama innauguration...and then lets see what President Obama and his management team can do. Bush has been a total disaster -- and he provides no effective leadership at all...look at the wealth destruction taking place during the 8 years of Bush's presidency...look at the job losses...look at the reckless, pre-emptive war in Iraq that's costing over a trillion tax dollars that we can't afford....what a legacy.

To: H-Man who wrote (45300)	11/20/2008 7:28:01 PM
From: ChinuSFO	1 Recommendation Respond to of 149317

The market has no faith in Mr. Obama. The good news is that he can correct this easily if he can move past his ideology. The ideology for the past eight years has been to provide tax cuts and tax cuts and tax cuts. And the result: longer unemployment lines, increasing number of bankruptcies and failures. THe stimulus package and the 750B was passed before Obama became President-elect. All this happened much before Nov. 4th. Recall the waffling by McCain where he suspended his campaign, debated with himself about the first Presidential debate. Why did he do so if it was not for the market having lost faith in the policies of the current Administration. Why did Paulson have to go down on his knees to request the bailout funds. The market had already tanked and there as no President-elect Barack Obama then. Or was there?