Economy Could Actually Turn Around Under Barack Obama

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Salut! Informative, good design, well done!.

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Thank you so much for your future answers :(. Tin.

Reflecting on the past ten years or so I can personally say that many of Americans have been living in a "recession" as many of you say. In regards to the comments made in many blogs, including these, many people seem to fail to realize that by purchasing with credit cards and buying with hopes that they could rely on income that is not necessarily concrete they have written a check that they can't cash so to speak. And we all know that crap rolls down hill. Greed has no doubt brought the economy to this point and it's disgusting that you people don't want to give your soon to be president a chance to clean up the corruption, deceit, and greed that has infected our democracy. But time will tell. I can say that Bush didn't help the "little people" any.

Wow

Jerome Idaszak and Bonnie must be on drugs. Even The Drudgereport has the quotes from Barry Soetoro's (aka B. Obama) own mouth how we will be having "trillion dollar deficits" for years. Couple that with a congress that spends money like a drunken you know what and our economy is doing OK? Will even turn around? Either they are economic dumb dumbs or very naive. The banking and housing bubble are just the tip of the iceberg. Wait for municipal bonds to start tanking as cities around this country start to tank or those who own commercial and retail buildings and properties who are leveraged at far greater levels than the common Joe home-owner. How far will the dollar fall now that we printed ungodly amounts of paper value? Look at what interest the treasuries are paying. These are all clues as to the direction we are headed. Some who think the Weimer Mark was worthless should wait to see what the potential is for the dollar as we have private banks print it who wont tell congress where they spend it. Down with the unconstitutional Fed Reserve! Methinks Lucy in the Sky with Diamonds has been slipped into the drinks of these trust B. O. supporters!

Economy "Could Actually Turn Around"

Of course our economy will turn around. But it won't be due to laws made in Washington or stimuli packages, no, it will be because most Americans want to succeed, and, this being America, they eventually will. Sometimes bad things happen, but in the end the spirit of everday Americans, not a messiah with a big spending plan, will pull this country through.

Turn Around?

Yeah. those million plus job losses per quarter, the 5-6% collapse in GDP in Q4-08 and likely 5% drop in Q1-09, the massive deflationary cycle we find ourselves in, the ever expanding deficit, the erosion of confidence, the wave of bankruptcies, coming bubble in Treasuries.....

Nothing to see here people. Obama is going to save us by spending even more money we don't have, expand government even more than Bush, demand that banks lend money to people who can't pay (CRA anyone?) and if we can get the children to sing songs of praise to the Great One all will be well.

Folks, we are screwed.

Keep The Faith!!!

I have faith in our new President and his group of administrative gurus to turn our nation around but it will take time, patience, and acceptance. America must allow President Obama to make mistakes without condemning him as he is treading water in a sea full of sharks. No President has faced such a calamity since FDR and it took a world war & 12 years plus his death to put America on the road to recovery. President Obama at least is presenting plans, prioritizing, soliciting inputs, bouncing ideas and is open to everything except political polarization. Thus far we can be mighty proud of our new President even before his inauguration simply by virtue of his demeanor and dignity. Please give him at least two years before burning him at the stake!!!