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Old 03-02-2009, 06:45 PM  
kane
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Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by Splum View Post
Ok so in the midst of the greatest economic crisis the world has seen Obama decides to pass a half socialist/half debt deferred to taxpayer bill?

He is taking action, but not on the right things at all. Stress test will only make banks horde cash, you think they are going to lend while the government has them under a microscope? Worst idea ever. You expect capitalists who are competing against each other to act equal? They are gonna all try to pass the tests and I bet the administration comes out of this with not a fucking clue as to which ones they should save.
I guess we will see. The guy has been in office for 30 days. I don't think he is a messiah. I don't agree with everything he has done. In the end there are a ton of economist who say his plan will help. There are also a ton of economist who say it will not. Only time will tell.

As for the banks, again, I said before taking some time to look at the banks and make the right choice is not a terrible thing.
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