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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (68763)	1/26/2010 7:35:27 PM
From: tejek	Read Replies (1) \| Respond to of 149317

>>Jobs and the mortgage problems and business loans should have been the first order of business. They were.....stimulus and tarp.<< And both Krugman and Stiglitz said the stimulous was, one, too small and two not directed correctly. I know. But if you remember, the big bad Rs were screaming at the top of their lungs and the wimpy Dems got scared....again. Krugman said his primary worry was the stimulous was too samll and there would not be the political will to go back again for a second stimulous. Stiglitz said the banks should have been reinforced by running the money through the middle class mortgages, as I posted before. I don't understand that comment. If you mean, the money should have been lent out.....the problem was no one was buying a house.