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


To: tejek who wrote (45533)11/22/2008 10:24:32 AM
From: LLCF  Respond to of 149317
 
Yea, he reads what he need to know... but on this whole credit thing I have to say that call was years late. Here on SI folks have been calling out the financials for many years...

Subject 53855

Subject 51846

Subject 54034

etc. etc.

No one on SI following these threads (and probably some others... shouldn't leave out "Clown Free Zone"..thought he was crazy on subprime other than to say "DUHHHH, why so late". Of course compared to CNBS perhaps he sometimes looks smart:

cxoadvisory.com

Of course people clearly listen to him as his reco's seem to swing around. That said, IMHO he's a "signpost" of the ridiculously speculative tone the market has had over the past 15 years. Sort of like the shoe shine giving advice in the 1920's.

DAK