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Old 11-04-2010, 01:46 PM
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Praxeas Praxeas is offline
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Join Date: Feb 2007
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Re: $600 Billion More Fed Assistance

Quote:
Originally Posted by Jermyn Davidson View Post
To help the market recover.


With all the money that has been pumped into the "economy", I wonder again when things really start looking up for everyone and not just for the corporations, will the GOP take the credit?


Of course they will-- it's politics!

Politicians don't have to be fair or right-- just believable.
What market? What market needs to recover? housing? How is this going to fix the housing market and return houses to all those that got forclosed on?

No politician should take credit. The only thing they need to do is fix the stupid rules that allowed this mess in the first place, like Clinton's "a house for everyone" rule and some lax investment regulations.

We did not need "sweeping reforms", nor did we need a government to become part owners in corporations and tell them how to run their business or to go trillions into debt.

"The Market" is resilient and corrects itself
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