"It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something."
-- Franklin Delano Roosevelt

So after paying 40 billion, they still increased gas pricces at one point this summer to $5 a gal?

What would increasing that to 40.10 billion hurt?

HUME: It's kind of a bear market within a bear market. The market was already down tremendously over the previous year, and I think most people entered this period of the new Obama administration thinking that it probably was bottoming out and that he would give by his very presence and by what he would offer real hope and that it would at least change the psychology a bit. It has changed the psychology, it seems, for the worse and I think he does bear responsibility for that, and the impression that he has managed to leave is that he's too busy with massive new spending and a scatter shot stimulus bill which was reckless and breathless new initiatives. On top of that you have this budget with all these breathtaking new initiatives to reorder our lives in a multitude of ways.

In the meantime, first order of business, the unfinished business of the previous administration. First order of business for the new administration, the financial crisis, the credit crisis. And, so far, no plan of any discernible shape of dealing with that. A couple of pieces in place as Governor Kaine pointed out. But that's what the market is looking for. It hasn't come. It's very hard. But, that's the big problem.

Britt Hume ABC news. It's the Obama bear market now.

http://www.newser.com/story/53043/obama-cant-blame-bush-for-his-economic-recklessness.html

Obama Can't Blame Bush for His Economic Recklessness
Posted Mar 11, 09 3:54 PM CDT in US, Politics, Business, Opinion

(Newser) – Everyone loves a scapegoat. The American people have Wall Street fat cats, and President Obama has George W. Bush, writes David Harsanyi for the Denver Post. While Obama, "in a superbly eloquent and inspirational pitch, always reminds us that nothing is his fault," Harsanyi gripes, "nearly every initiative enacted in the first 50 days of the Obama administration has exacerbated what Bush started."

Is it too early to make that claim? Maybe, if not for the extraordinary actions the president has taken. He’s delivered a “partisan, trillion-dollar project masquerading as a stimulus bill,” Harsanyi writes, and a “deficit-busting budget.” Rather than ease the burden on business, Obama is raising $1 trillion in taxes from investors and entrepreneurs. His choices are his own, but one thing is clear: having put ideology before economics, “He owns this mess.”

Brit Hume works for Fox news.no big suprise here

Five days.......... way to go Obama........and team! He may just save capitalism from itself

Frankly, in my opinion, it's a sucker play. What do you think is going to happen when those hundreds of billions of printed up dollars finally filters its way into the market?

Myanmar anyone?

Lets just hope it dont I do not wish to see bread lines and soup kitchens. I would rather see this house of cards stand than the alternative.

sometimes hopes and wishes are just thoughts to help soften the blow for when the reality actually kicks in hard.

Think you had better check that one. The Dow was going up till about 2 pm then there was a big downturn and it finished down for today.

Too bad Obama let it fall so far before realizing that his comments were destroying confidence. Let me know when the Treasury Department is fully staffed and when Geitner releases the bank plan. Everyone who has to make business decisions is stuck twiddling their thumbs until Sir Geitner speaks.

speaking of the devil himself, Sir Geitner used to be the president of the federal reserve how does that hit ya?

6 days thank you Obama despite the republican stonewalling you saved capitalism.

your info appears wrong. The Dow was down yesterday. And remember, the market at its low was down almost 2000 points since jan 20 so when it gets back up to that you can start to argue your point.

ouch what a crash this was.
On Monday, the Dow slipped 7.01, or 0.1 percent, to 7,216.97
at least it held the gainsfrom the previouse 4 days eh? and then ANOTHER SURGE.

Article 1 Section 8 of the Constitution...

The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;

To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;

To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;

To provide for the punishment of counterfeiting the securities and current coin of the United States;

To establish post offices and post roads;

To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;

To constitute tribunals inferior to the Supreme Court;

To define and punish piracies and felonies committed on the high seas, and offenses against the law of nations;

To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water;

To raise and support armies, but no appropriation of money to that use shall be for a longer term than two years;

To provide and maintain a navy;

To make rules for the government and regulation of the land and naval forces;

To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions;

To provide for organizing, arming, and disciplining, the militia, and for governing such part of them as may be employed in the service of the United States, reserving to the states respectively, the appointment of the officers, and the authority of training the militia according to the discipline prescribed by Congress;

To exercise exclusive legislation in all cases whatsoever, over such District (not exceeding ten miles square) as may, by cession of particular states, and the acceptance of Congress, become the seat of the government of the United States, and to exercise like authority over all places purchased by the consent of the legislature of the state in which the same shall be, for the erection of forts, magazines, arsenals, dockyards, and other needful buildings;--And

To make all laws which shall be necessary and proper for carrying into execution the foregoing powers, and all other powers vested by this Constitution in the government of the United States, or in any department or officer thereof.

i forgot what this thread was about

meow

don't start with me madman

I know a secret na na na boo boo

you know NUTTIN!!!!!!!!!!!! THEY ARE LIES....ALL LIES