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

To: Alighieri who wrote (713170)	5/4/2013 1:07:21 PM
From: i-node	Read Replies (1) \| Respond to of 1578738

>> That's not what you said...you said, and I quote " The economic "free fall" was stopped by GWB before Obama took office;" That is FALSE. Obviously, economics isn't something you're remotely familiar with. The economy doesn't turn on a dime. But there is zero doubt at this point Bush's swift action on the TARP is what caused the economy to become somewhat more stable. >> a) you absolve bush from responsibility even though in the last quarter of his tenure the economy shrunk by 9% and unemployment was climbing for months thereafter. I absolve Bush because neither you nor anyone else has ever been able to point to Bush as the CAUSE of the recession, and because TARP, more than anything else, kept it from being worse than it was. >> c) in another claim, you blame obama for "radical" action to save GM, even though bush started the process...GM is now a healthy and thriving company again, despite your doomsday predictions Bush did NOT start the corrupt process that Obama used. I'm not sure where you got that idea. I believe GM has done exactly what I said it would; it came out of bankruptcy healthy, as you would expect, and has been headed down the tubes ever since. And the slide will continue until they are eventually in bankruptcy again. A totally predictable outcome, and one that undoubtedly will become a Business Policy case for MBA candidates to study for decades to come.