Re: NBC - Question for the Lawyers
- From: Evolution <myname@xxxxxxx>
- Date: Wed, 08 Oct 2008 10:03:15 -0700
Calvin Jones and the 13th Apostle wrote:
Gumboman:
As was stated elsewhere in this thread, the Fed/Treasury can create
money when it wants. At this point, they are making stuff up as it
goes along. Look at the market today? a dramatic spike upward, then
sliding again. The credit markets are frozen. I don't think Ben can
find enough helicopters(or B-52's) to bail his ass out of this mess.
I don't know how they'll chose companies. That's part of the
problem. Look at the Lehman/AIG problem. Paulson has rife conflict
of interest problems being an ex-Goldman guy(not to mention supposedly
owning a bunch of Goldman stock still). I haven't watched CNBC much
this week. I imagine they are crapping their pants. I did see Kudlow
last night. I think he is back to his old habits. He was talking
about growing the economy. No one asked him how. Besides, talk
cuts(of course!!) that is. It's a complete mess which Obama will have
to fix. If he does, the Republican party is toast.
I don't know why it doesn't give me a warm, fuzzy feeling to think we are relying on Obama to fix this financial mess...
Laurie
.
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