Quote:
Originally Posted by Splum
I hate you but completely agree with you here. Regardless the Obama administration is handling this like a complete fucking amateur morons. There isnt a SINGLE thing they have done that will help the credit markets to get moving again(which would solve about 50% of the problem we have with company cash hording right now). They could nationalize the banks and weed out the bad ones or they could just let them fail, both are WAY better options than what they have done with this "stimulus" bill. The bill does nothing but delays some unemployment numbers, socialize more programs and lowers the value of American currency.
|
The problem with the Obama administration so far is that they don't understand that all that matters is the banks. The banks are EVERYTHING to this economy. Strong banks fix the unemployment problems which fix a ton of other things. They've been avoiding this problem while they ballyhoo over stimulus packages and rebate checks. What they don't realize is that none of it matters if the banks remain broken.