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Plus we see the differnce between wall street and obama recovery polies. Mnay have recover their investments on wall street while Obama has just taken care of his special interest groups.
We lose no matter what they do. Do you think the debt is going to disappear magically overnight because they've signed a half-assed, barely puts a dent in the deficit bill ? And if they don't sign do you think we're better off with a $2.5 trillion raise in the ceiling (what Obama wants) ?
Get a grip. None of them in DC are making the HARD cuts we need. We are $1+ trillion OVER what we spend per year. Do any of you think shaving $300 billion will make a difference ?
As long as people can continue to point their finger at the other party placing blame for everything...... then no, nobody really cares and remains blind to what is actually going on !
Beside wall street has already started to factor in the damage as they always do. Mean while Obama can only say he can't guarnteee SS and has no plan B just in case it happens.Looking at his stimulus plan it looks like its every man/woman for themselves.
Beside wall street has already started to factor in the damage as they always do. M ean while Obama can only say he can't guarntee as some kind of plan incase.
Whedo democrats stop balmg others for their failed policies.Its Bush;its wall street ;its the rich prodcuers;its the tea party now its one single senator.Excuses;excuses ;excuses.They filed to reconnise that elctions have consequences as they have said so mnay times.
Elections do have consequences. And one consequence is that after you win, you need to govern. And when you only control 1/3 of the government, you should realize that you have to pick your battles. And to seemingly drag the struggling economy backwards is not a winning battle. Certainly not if the Republicans want to win the White House and the Senate in 2012.
But Obama, with his posturing and posing, bad-faith negotiating, and fixation on political ploys like bashing "corporate jet owners" has the potential to cost me, you, and every other American an immeasurable amount of lost wealth, lost potential, and wasted opportunity.
Obama has rejected the centrist approach embodied in the Simpson Bowles approach, the Gang of Six plan, and every other attempt to install a rational, pro-growth tax structure that will actually increase revenues. His ideological insistence on a class warfare approach to taxation, ineffective and counter-productive though it may be, has been the primary stumbling block in negotiations. Thank goodness the Republicans aren't buying Obama's recipe for stagnation and decline.
The OP doesn't seem very knowledgeable about how the stock market operates considering it is impossible for it to drop that much in one day...
How much can it drop in one day?
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Borhner is not going to lose me one dime...
