I've never claimed to know better. That's between you and your friends.
I've always stated that I am not an economist. Im relying on the team of economic experts Obama has assembled to correct the Republican mess. That's why I voted for him, and I suspect that's why most Americans voted for him.
You and your little friends are the ones claiming economic expertise and exclaiming to know better.
You and your friends are the ones running around in circles claiming the sky is falling.
Just as you claim, (assume) that I have no education. (Technically-A clear violation of site rules)
I wouldnt be so anxious to place your assumptions on someone you know nothing about.
I would be careful what you place between ASS and U.

Now since you chose to park your ass in this conversation,
Where does your profound economic education originate?

4-H?

Oh, and I like my rolling emoticons!

Bee / Gio
2112

I do not second guess the experts and I am 100% confidant in the team Obama has assembled to advise him.

With the devout blessings of Morningsongs and the combined brotherhood of mirrormirror and theshortelktonman I come to you now follow blindlessly and ignorant to the truth as we lead you to a politcal revolution. John F Reagan and Ronald Kennedy will lead us against the Nazi, communist, socialist, baby killing, canaibals, who support the Hamas Al Queada jihad liberation terrorist movement of South Korea Indochina. Come and follow with relentless compassion and hate those not like us and kill in the name of him who shall not be seen.

seriously....you posting all these spams in every thread is getting old

that statement in itself is a very scary one and anyone perusing this post will agree with me. you just gave me the win. thank you. but on another subject, the fact that you are so easily geared towards making lite of the situation by blowing it out of proportion, accusing those of us who have actually studied this problem of yelling that the sky is falling. is an attack that can't be refuted only because it is so kindergartenish. in fact, it's so unintelligent, that most people with the tendency to think on those lower levels will grab upon it and expound it like a bunch of crazy children of the corn movie.

seriously....you posting all these spams in every thread is getting old

actually all the threads are about the same thing all the time anyway

ANYWAY........

omg...are we still talking about santa claus??

I give you...my friend...**** Morris...

Conservatives are so aghast at the huge spending going on in Washington and the $1.75 trillion deficit (13 percent of our gross domestic product) it is causing them to overlook an even more basic question about the president: Is he competent? Does he know what he is doing?

To be specific: Does he know how to do anything other than spend money? His stimulus package, of course, took no special ability. He left the details of the projects up to the House Democrats, who are more than willing to fill in the blanks. But his two other major initiatives -- his banking and mortgage relief plans -- are both flawed and highly unlikely to solve their respective problems. Indeed, they are so wide of the mark that one has to ask if Obama is not only a radical but also an incompetent.

The bank bailout plan seems to be largely stillborn. Having wished that the private sector would flock to invest in toxic assets if they are offered the right incentives, the treasury secretary is still hoping. Crossing his fingers seems to have replaced effective policy in his planning. To date, no massive infusion of private sector capital seems in view, and Washington is doing little more than writing checks on its overdrawn account to prop up the failing banks. That doesn't take a genius. But the difficult task of relieving the banks of toxic assets so they can rekindle the flow of loans seems to be beyond the ability of the president and his administration.

But conservatives can dismiss the utter failure of Obama's bank rescue plan, saying that he doesn't really want it to succeed. He probably wants to nationalize the banks -- and never let them go. But he can't say that, yet, and has to make a good show of doing all he can to rescue them before swallowing them whole.

But then came Obama's mortgage rescue plan, an equally flawed proposal. Clearly, Obama, liberal that he is, wants his rescue plan to work. He is anxious to bail out homeowners facing foreclosure. Those are his constituents, after all. But the mortgage rescue plan he has proposed will fall far short of the mark.

Incredibly, it excludes anyone who has lost their job and can't afford to make their payments, even if they were to spend 31 percent of their income trying to do so. If you can't come close to affording your mortgage, even if only because of a hopefully temporary loss of employment, forget about it. Obama is not going to help you.

Nor will he help you if your mortgage exceeds your home's value. One out of five mortgages now fall into this category. Obviously, the fall in property values occasioned by the depression will put more and more homeowners in this category. Certainly, a great many of those who need relief to keep their homes find that the amount of their loan exceeds the value of the underlying house and land. But they can expect no help from Obama's rescue plan.

Why would a liberal be so callous? Why would he leave so many out in the cold? Could it be that Obama simply lacks the competence to figure out how to help these folks? Could it be that he cannot devise a counter to his financial advisors who presumably wanted to exclude these folks?

And ... who induced these poor folks to buy homes they couldn't afford, anyway? It was the Clinton administration's Housing and Urban Development Secretary Henry Cisneros who urged Fannie Mae to spend 42 percent of its money buying mortgages for lower-income people and who suggested that they no longer require down payments. And it was his successor, Andrew Cuomo, who upped the ante to 50 percent of the Fannie portfolio. After Democrats inveigled people to buy homes they cannot afford, how can they justify passing a plan that excludes them from assistance?

It appears that Obama is at sea when it comes to financial policy, economic recovery planning and credit rescue efforts. We are not only stuck with a radical and a socialist, but possibly an incompetent one at that!

It appears that Obama is at sea when it comes to financial policy, economic recovery planning and credit rescue efforts. We are not only stuck with a radical and a socialist, but possibly an incompetent one at that!

LOL
Only those who have never lived or never read your posts with their uninformed conspiracy theories.

Anyone with common sense could see your motives, and know that you could study the economics of the USA for years but, still have Zero knowledge, compared to those on Obama's team who have placed a lifetime of experience into it!

Sometimes T2d it is best to pick your fights where you have at least a small hope of winning!

Congradulations on your degree T2d!

I get mine May 15!!! Im a late bloomer, but I will graduate Phi-beta-kappa!!!
Until now experience, common sense, and intuition is all Ive had. Yet Ive always been successful in my endeavors.
It was good enough to rise to the rank of Sgt in the US Infantry and later secure enough construction contracts to stay in business for 20 yrs.
Refusing to employ illegal immigrants to secure lower bids is what caused me to throw in that towel. (Ethics-I am not a hypocrite)

I know Ive said this at least a dozen times, but here it goes again. I am not and economist, and I don't claim to be. My education is in hard-knocks, hard work, experience, and electronics.

I do not second guess the experts and I am 100% confidant in the team Obama has assembled to advise him.
Obama Is a LEADER!
You see, even he admits that he isn't an economic genius. Therefore he has assembled a Presidential Economic Advisory Board!