Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: i-node who wrote (488889)	6/19/2009 2:08:26 PM
From: tejek	Respond to of 1574855

In the last year, you have not posted one comment that suggests you have any clue as to what's going on with the economy. What? When you guys were all running around in a panic late last year, I was calmly explaining that we had a cash flow problem that would easily right itself, particularly with an injection of $350B. Cash flow problem? That's the only problem you saw? How convenient. Thanks for confirming what I said about your understanding of the economy. And I was exactly right. The economic crisis was a result of a lack of consumer confidence CAUSED by panic-striken leadership -- both in the Bush and Obama administrations. The lack of consumer confidence has to do with the fact that consumers are over their heads in debt. Where have you been? The biggest problem we face now is the inflation that WILL OCCUR as a result of Obama's wild spending this year. Whether it will bring us down within 4 years I don't know. But it is inevitable. You cannot suck trillions of dollars out of economy and expect it to not be affected by it. Inflation may be inevitable but it doesn't have to take us down. And I am not so sure that it will happen in 4 years. That's just your wishful thinking.