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To: MulhollandDrive who wrote (180749)	1/30/2009 2:28:34 PM
From: Jim McMannis	Respond to of 306849

GE management is pathetic. They had plenty of time to offload the GE capital division.

To: MulhollandDrive who wrote (180749)	1/30/2009 2:53:31 PM
From: Jim McMannis	Respond to of 306849

If Christopher Dodd is Delighted ... We are all in deep kaka. When the chairman of the Senate Banking Committee is happy with a policy decision at the Fed, I immediately reach for my wallet, to make sure its still there. Sort of like when I am in a crowd and someone bumps into me. thelastgoodidea.blogspot.com The Fed decision to take action against foreclosures can only turn out poorly. For 2 decades Washington and the economists they have employed, have meddled with and held back economic tides which were not meant to be messed with. Preventing foreclosures should not be the goal of the Fed, the Treasury or the Senate Banking Committee. They should be concerned with guiding the US economy out of the wilderness and back to an equilibrium which we can use as a starting point for new growth. Preventing foreclosures is like holding back the tides. It can't work for long and its likely to cause stiffer consequences. If anything has been evident over the last couple of years, its exactly that. Our financial policy makers need to take their hands off of things which they can't really control and allow our economy to reset itself to a normal and sustainable level. Instead we have a feltcher like Christopher Dodd influencing financial policies about which he knows nothing and is not qualified to be meddling with. There were no economics courses at the Mr. Potatohead State law school Christopher Dodd went to. Seriously, read this part ... 8:50 AM Ellanora said... Love the humor! It's nice to be able to laugh about this debacle we call an economy. Your insights are spot on! Enjoyed looking at some of your archived entries, also. Thanks. 12:55 PM Post a Comment Older Post Home Subscribe to: Post Comments (Atom) Who should the government be more concerned with helping? Should Congress Bailout the Troubled Individual Homeowners?

To: MulhollandDrive who wrote (180749)	1/30/2009 4:02:51 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'i don't know what the hell he is talking about GE and 'rightwing' I never said that though old Jack Welch sure was one. Rather than mention the million things that went wrong from total GOP control this decade compared to divided gov't most of the 90's I thought I simplified the story by putting up the GE chart.jeez you guys will get back in there in another decade or so but by then this board will be dead or one of those 'formerly about AMD' type situations but in the meantime you are doing a very poor job of getting us independents to your side as we are the ones who are the deciders<g>