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


To: Taro who wrote (462740)3/10/2009 6:39:23 PM
From: i-node  Read Replies (1) | Respond to of 1578142
 
I hope your friend is right. I thought it for a while, but I'm not so sure now whether Obama has the power to do do all this.

I notice the news tonight is even claiming he's having trouble with the two liberal Senators from Arkansas -- presumably due to Walmart being here.

If those guys two willing to bail on him, just about anyone could.



To: Taro who wrote (462740)3/10/2009 8:27:30 PM
From: tejek  Read Replies (1) | Respond to of 1578142
 
The smartest class of people are
predicting his failure due to lack of that focus, as
demonstrated by their selling the equity markets into
lower and lower levels: down 30% since his election,
down 20% since his inauguration.


Excuse me but this "smartest class of people" has predicted ten of the last 2 recessions. They have been consistently wrong throughout this entire downtrend in the markets, calling bottoms where there have been none. This smartest class also has a vested interest in keeping their wealth and will oppose anyone who threatens that wealth...ie Obama. In other words, they have a strong bias. This smartest class of people invested with Bernie Madoff and believed him when he told them he was making great returns even during recessions. This smartest class of people have no clue what the condition of the economy is and wait with baited breath for Obama to tell them, and then job when some half baked memo is leaked to the public.

Sorry, Bob, but I am not impressed.