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


To: bentway who wrote (593233)11/11/2010 7:29:11 PM
From: tejek  Respond to of 1578027
 
Finally someone is telling the truth about political gridlock.

Meredith Whitney Speaks Out On Political Gridlock, The Crisis In New Jersey, And The Never-Ending Mortgage Crisis

Joe Weisenthal | Nov. 11, 2010, 4:23 PM | 1,989 | 15

Meredith Whitney on CNBC is talking about her big issue, state governments, again.

The states where she's warning of huge trouble:

New Jersey -- the nominal numbers aren't so huge, but relative to GDP its enormous.
California -- part of its huge problem is that the political system is so screwed up, the government can't easily make changes.
Illinois and Georgia also in a lot of trouble.
As for the level at DC: "Gridlock can put our economy in a very bad state."

As for mortgages, she thinks the putback/misrepresentation issue could still be very bad.

On QE2: There's so much market expectation for this, there's no way it can deliver. It's complicated and dangerous.

This year there will be another leg down in housing, which is a reason banks

Read more: businessinsider.com



To: bentway who wrote (593233)11/12/2010 2:14:15 AM
From: i-node  Read Replies (1) | Respond to of 1578027
 
The book is great and will likely outsell Clinton's within a few months.

Clinton's book was fair, but sold well because everyone was interested in his sexual assault of a near teenaged girl.

You ought to check the reviews from the non bashers at amzn. In fact you should read the book. If you can read.



To: bentway who wrote (593233)11/12/2010 3:56:35 PM
From: Brumar89  Read Replies (1) | Respond to of 1578027
 
Clinton praises Bush's book:

(CBS News)- Former President George W. Bush has found an unexpected fan in former President Bill Clinton – not for his politics, but for his literary prowess.

In a statement released on Friday, the former President praised Mr. Bush for his recent memoir, “Decision Points,” which hit stores on Tuesday.

Calling the book “well-written and interesting,” Clinton recommended the read to “people of all political stripes” and said it would provide a window into why he was fond of the former Republican leader despite the political differences between the two.

“George W. Bush also gives readers a good sense of what it’s like to be president, to take the responsibilities of the office seriously, do what you think is right, and let history be the judge,”
the statement said, according to the Associated Press. “The book may not change the minds of those who disagree with decisions President Bush made, but it will help you to understand better the forces that moulded him, and the convictions that drove him to make those decisions.”

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