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#1
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Yesterday, the markets dropped 250 points in a giant sell-off. Today, the markets rebounded as investors picked up assorted things, feeling a bit more at ease that Obama is not looking to nationalize the banks -- even though the White House has given every indication THAT option is still on the table. In fact, I don't know why anyone would think it's off the table. For crying out loud, right now Citibank is actually asking the government to step in and buy up more of its common shares. So, all day people and commentators on the financial shows have been saying one of two things is going to happen. Either Obama will give an "okay" speech tonight and calm SOME fears and the market will continue on, trying to rebound naturally...a bit up...a big down...back and forth till it finally equalizes over a long period of time... ...OR others are predicting if his speech talks too much about far reaching government programs (and thus further spending) that he still wants to ram through right now (like universal health care) that tomorrow morning you could see one of the biggest sell-offs in history because Wall Street will basically be running for the hills. Oh, and with tonight's speech Obama needs to earn back the American people's sense of good will and the sense of "hope" he ran on. While I know people like Hank (who is overseas) adore and love Obama, here at home in the latest national poll Obama has dropped yet another 10 points in terms of his Job Approval rating. So right now only 59% of the American people...and dropping...think he's doing a good job. |
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#2
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Obama is not God, he does not have a magic wand to wave around and solve this crisis. He has only been in office a few weeks for Peat's sake! He not only has to deal with Repubs. who voted AGAINST the largest tax cut in history but lobbyists determined to hold on to lucrative connections between capitalists and Congress. No one can solve this alone, it will take a concerted effort of all of us to dig ourselves out of this hole. Its time to "flush Rush" and learn how to cooperate!
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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#3
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I assume in that same spirit of "cooperation" the Left is willing to "ban Olbermann"? |
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#4
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__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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#5
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Why is Talk Radio only a right wing success story? Could it be that no one is intersted in the left or no one wants to sponsor it? Duh!
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#6
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__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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#7
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Did you notice Pelosi last night? She acted like she had a pogo stick up her ass. Honestly, if Obamasan had farted she would have applauded.
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#8
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LMAO! So much for cooperation. That was short-lived! Fine, keep mad dog Keith. We'll keep Rush. Now we're right back where we started! |
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#9
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__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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