SI
SI
discoversearch

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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (174376)10/22/2011 11:06:52 PM
From: Mary Cluney  Read Replies (2) | Respond to of 541777
 
<<<He had the financial system of the entire world on his shoulders. He was worried if he took after the banks the entire world might collapse. It might have. >>>

If the banks failed, we would be in the worst depression in history. The banks had to be saved. The Fall of 2008 was a nightmare but the truth was the one that cut the deal to save the banks and saved the world from a run on banks that would have caused a global Depression that we would still be in today was Hank Paulsen.

Hank Paulsen was the true hero in preventing the total collapse of the global financial system. The big mistake he made was in not asking the Banks anything in return.

As far as Obama is concerned, he did what any super smart person would have done in that same situation. Ask Bill Clinton if he would have done anything differently.

As far as Obama campaign promises is concerned, he delivered big time. Look at what is happening in the ME. All the dictators are gone or on their way out. Obama is achieving our foreign policy objectives without getting our own people killed and without spending tons of money. He allowed our NATO allies to do what they are set up to do but all under US command.

Whether you know it or not, we now have the respect of the global community with the possible exception of Israel. Israel is between a rock and the hard place. They are fighting for their existence but unfortunately their interest are now not exactly lined up with our interests. This is a real problem for Obama. We have commitments to protect Israel from extinction and he will keep those commitments but he will not do so by going to war with Iran and other enemies of Iran that American neoconservatives are looking to do.

Obama has delivered but there are many in this country who can't see it. They want some radical Barry Goldwater type of solution for the far left.