Quote Originally Posted by Salty View Post
Quote Originally Posted by pacfan View Post
Am I supposed to congratulate him or something? Mr. Obama will be picking up a lot of mess left by his predecessor. The economic situation looks real bad and nobody knows exactly where it is headed toward; the situation looks as cloudy as it can be. Make no mistake about it, folks, the US will be really feeling the effects the economic turmoil in the coming months.

...and did I hear him say he's gonna tax someone? jeez, that's bad because you don't do that in times of recession, but instead, you encourage the consumers and the producers (the business folks) to increase their activities, never discourage them with a tax during hard times...
They should never have had the tax breaks that they have had in the first place. Mr Bush financed the tax cuts to the wealthy by issuing government bonds and running the country into a huge deficit. This will just help correct the situation, sure the economy needs expansionary policy in times of depression. But expansionary policy didn't stop it from going into one, both fiscal and monetary policy in America seems to be going fucking sideways. Drastic things need to happen in the country, not to mention the fed reserve needs to build some credibility and some public agenda's to keep the confidence levels from plunging.


We know exactly where it's going. A new global currency is on the table. Nov. 15th is the meeting to hammer out the details. Watch and see.....

The problem is we don't have sound money. Money is the root of the whole thing. We have interest on every dollar printed and it can never be repaid. It's impossible. But we always argue over policies. Do some research on the federal reserve and fractional reserve banking. You'll see. The bankers run the show. They put people in office. Bush set it up and distant cousin Obama is gonna knockem down.