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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (19317)3/30/2009 5:57:01 PM
From: axial  Read Replies (2) | Respond to of 71455
 
Obama administration never had a chance. Keeping up with checks? It started out $1.7 trillion in the hole, courtesy of the predecessor.

The cupboard was bare: nothing but IOUs.

They started with a financial crisis that was changing while they were still on the election trail. They started with massive unemployment, and markets that fell faster than anything seen in our lifetime. They started with bailouts that were initiated by the previous administration.

Yes, they're funding some of their programs with debt - because the economy has been bankrupted.

You would have them cancel their programs and their promises, until they clean up after the economic and financial lunacy of their predecessors.

Jim