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

To: Broken_Clock who wrote (123709)	10/13/2012 8:45:23 PM
From: Sr K	Read Replies (1) \| Respond to of 149317

You don't know how someone acts in a crisis, until they are thrown into one. For Bush 43 we have 2 instances. For 911 he (or he relied on Cheney) decided our highest priority was to invade Iraq to rid it of WMD and Saddam Hussein, and too early declare "Mission Accomplished"; and for the financial crisis to outsource it to Henry Paulson who threw his hands up and said "Pray". Bush or Larry Lindsay expected this to cost about $50 billion. Bush expected nation building to cost $0, paid for with Iraqi oil. For Obama we have the financial crisis that was underway that he had to take on before his Day One. I agree with Bill Clinton's overview in his convention speech. It could not be solved in one term, and probably not in two terms. But to get jobs growth for so many months in a row and to get the Unemployment Rate improving is pretty good, so far. Some growth was accelerated into 2012 by the 100% depreciation, and that will be a headwind next year. The CFPB may be more important long-run than Dodd-Frank. For the first time, we have real oversight and remedies (or at least teeth) against financial services fraud. The Federal Reserve could have done more, and the OCC and other banking regulators could have done more, but they were rolled over by the banks. As was Henry Paulson. Elizabeth Warren doesn't even mention it in her campaign. Does she assume Massachusetts voters know what she did? That alone is sufficient to elect her. What's Ryan's position on the CFPB? How did he vote? What's Romney's position?