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Friday, March 13, 2009

GASP - Imagine THAT???

Obama: Economic crisis 'not as bad as we think': "
Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is 'not as bad as we think' and his plans will speed recovery."
You mean for all the times he has said "crisis" there really isn't one?? No - he is right that there is a crisis ... but yes he is finally admitting that it was never as bad as he claimed it was - not really.

I will give him credos though that for the last couple of days when the Dow has actually gone up ... I know the analysts were saying that the reason it went up yesterday was because he said they were going to lax out some of the acct'ing practices of the banks ... but I don't know what influenced the banks today.

we have yet to see ...

if he keeps spending the money the way he is ... he could do a lot more harm than good in the long run. But we will see ...

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