Oldtimer said:
Well you better hope these Obama plans to bring the country out of the Bush Bust work- or the country will fail- and there won't be any need for Bankers anymore.....
Bull Crap, recessions have came and gone since the beginning of this country! We are already seeing some signs of recovery right on time, most recessions last around 18 months.
Even after 911 we came out of it quickly!
The only thing Obama is doing is setting us up for some serious big problems down the line! Recessions are easy to over come, but when you totally turn the Capitalist and economic system upside down with Socialism then there is no longer a temporary fix you have started permanent quality of life changes!
Example: When you bail out Car companies and move bond holders to the back of the list and elevate unions to the top of the list, you just changed the way America does business. People will be Leary of buying bonds in companies in future because the rule of law was not followed and they can no longer trust they are first in line to be paid back so now it is more of a gamble to buy bonds and help growth of businesses.
We would have been better to let companies fail, than to go against the rules of doing business that we have had in place for 200 hundred years!
Obama is changing America, at the worse Bush caused a Recession, lots of Presidents ruled during Recessions, Clinton left Bush one! Recessions come and go, but with Obama the way of life America has enjoyed since the founding fathers is in Jeopardy!
We have even came out of depressions the stronger for it! But Obama is changing the system that made us great! And there may be no coming out of that! Money is the easiest thing in the world to come by, quality of life is not so easy!