SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: greenspirit who wrote (281995)11/24/2008 7:38:13 PM
From: LindyBill1 Recommendation  Respond to of 794033
 
military housing, with a gay dependant

That's the Flag's problem, not his.

As the FOX commentators pointed out tonight, Obama has an excellent Economic team. Keynesians, not supply siders, but the Dems won. That is to be expected.

So we are going to get a 700 Billion program. We wish it was Corporate Tax cuts, but the Dems will feed the bottom end, of course. Summers, et al, know that the FDR programs failed, and why. How much pressure can they put on Obama, and how much can he control Reid, Pelosi and the rest of the Congressional economic idiots?

A lot of this largess will go to build windmills. A lot to the dole in the way of unemployment insurance. Do we get rebates next spring? Probably double what we got last spring.

Interesting times coming up. For me personally, it will be good. My SS check goes up 5.8%, my GM bonds continue to pay, and the travel slowdown will keep my rent from rising.

They will probably be able to keep inflation under control by letting the dollar get cheaper against other currencies. The Asians are stuck. We are the English wealthy of the 19th century, and they are the creditors of those wealthy. They have to take what we give them. No matter what, they are doing worse than we are. So prices will stay cheap at Wal Mart.

Long term? I won't be around more than 15 years.