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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (436376)	11/23/2008 6:26:08 PM
From: i-node	Read Replies (3) \| Respond to of 1574637

>> And the level of prosperity we enjoyed 10 years ago may never be equaled. Does it occur to you that that "prosperity" was bogus? That it was not there to begin with? That Americans lived beyond their "prosperity" ten years ago? That's precisely what has happened and it is one reason we're facing these problems today. Obama said he would fix it. I damned well expect him to fix it or get out of the way and let someone with experience handle the situation.

To: Road Walker who wrote (436376)	11/23/2008 6:30:14 PM
From: Brumar89	Respond to of 1574637

10-20 years - so we shouldn't expect anything from Obama in the next four yrs. Attaway to spin.

To: Road Walker who wrote (436376)	11/23/2008 8:02:15 PM
From: tejek	Read Replies (1) \| Respond to of 1574637

We'll see. I'm not spending discretionary money. Are you? No, of course not.....but I am rarely frivolous even during good times. In the meantime my cousin just completed a summer home on the Steamhatchie River. My neighbors just bought a new Volvo. My other neighbors just finished an Alaskan cruise boat tour with their two small kids. My sister just got back from FLA with her two kids. Whose typical?

To: Road Walker who wrote (436376)	11/24/2008 12:15:34 AM
From: tejek	1 Recommendation Respond to of 1574637

Jeff Bagley Washington Getting the Message...Vaulting into Action 11/23/2008 9:21 PM EST Washington is getting the message. Loud and clear, apparently. The Wall Street Journal is reporting that Obama and Bush are together crafting a $500 billion (yes, half a trillion!) stimulus package, hoping to avoid further damage from the policy vacuum that has been recently devastating our markets. Importantly, Paulson is apparently ready to reverse his reversal on TARP. Since he announced that he wasn't going to go ahead with the initial plan - to get toxic securities off the books of our major banks - the "anointed" banks' stocks have been pretty much been cut in half. This is exactly the type of thing we've been looking for. Investors have been freaking out because Washington has been fiddling while the financials have been burning. We've all been absolutely dreading the fact that it's another two months before new leadership steps in. In short, we need Obama to become president now, not on January 20th, but luckily it appears that he - and the outgoing administration - realizes this as well. We need the SEC to step up now, too, to take the necessary steps to stabilize what has become a most dysfunctional market. You know the laundry list: reinstating the uptick rule, enforcing rules against naked shorting, and perhaps even modifying the mark-to-market rules. Hopefully, at least some combination of those initiatives should be coming soon.