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

To: tejek who wrote (106743)	1/3/2012 4:56:17 PM
From: RetiredNow	Respond to of 149317

I like your comparison to FDR, because what you are forgetting is the FDR used the stimulus to buy him time to work with Congress to fix the systemic root causes. The result of the fixes were new laws like Glass-Steagal and many other new laws and regulations that put banks in a straight jacket, which lead to a period of unprecedented prosperity. Unlike FDR, Obama has decided that he won't address any of the root causes, but instead he'd bailout the bankers and let all the key problems including derivatives to continue to explode unabated. So the bridge stimulus that Obama has provided is not what gets me angry. It could have bought us plenty of time to fix things. It's that Obama didn't and DOESN'T have the fortitude to actually fix things that has me not wanting to vote for him anymore.