Quote:
Originally Posted by BNaylor
Yeah I recall you got that some of that advice from your sister.  .....  The last time I checked you were always an Obama supporter so therefore not impartial in your comments either.
The people that will get the U.S. out of recession will be the 57 million that voted against him. Many of his supporters don't even have a pot to piss in. None of his supporters are taking heed of what he said. We might once we become confident that he and his administration can do the job.
And I would not confuse the recession with the economic meltdown caused by two simple words.....Fannie and Freddie or companies like the U.S. automakers that created their own mess. |
Actually, I was neither an Obama supporter or a McCain opposer. When I posted, it was mostly to do with the (more outspoken) attackers, most of whom were attacking Obama whilst seemingly ignoring similar flaws of their own prefered candidate. When I submitted articles and links, they were to highlight and reflect the fact that similar things could be found on their own candidate as they were condemning Obama for. or otherwise pointout a fallacy or flaw in their arguments.
For the record, my sister is works in a private bank dealing with individuals who have seriously huge amounts of cash. I'd trust her with my money if I had enough to open an account at where she works.
Incidentally, it seems that a recession in the U.S tends to follow a different pattern than in the UK. Economists tend to give the 18 months I gave in reference to our markets so the time frame may be different in the U.S.
Is it possible to seperate recession with the
meltdown (as you put it)?