Max, are you serious? It's been TWO FUCKING MONTHS. That's not really enough time to see if any of the changes will fix things OR make things worse.
I posted the original message because I thought it was FUNNY.
Oh, and do I think this is any better than the Bush administration? Maybe. I'm not thrilled about the way intellectual properties issues seem to be heading. Economically, I'm reserving judgment because it's too soon to tell.
Oh Lord...that is funny on so many levels. I mean, sometimes the folks around here look at me funny anyway, but when I BURST INTO LAUGHTER and I'm alone? Good reason for them to look at me funny. :-)
Oh...and I agree w/you 100%. Obama is not the Wizard of Oz, come to save us all with a wave of his magic wand and a sprinkle of pixie dust. But I trust he'll ultimately help turn things around. Key word here is ultimately. It's not going to happen overnight. It took Bush 8 years to make this mess. No one can fix it overnight.
Just speaking for myself, the current economic woes were caused by a couple of things: deregulation, creativity, & people's tendency to get greedy.
Deregulation allowed financial folks to get more creative in their methods of pulling money out of thin air. Greed blinded people to the reality that things aren't always going to continue the way they've been going.
I've read that, ultimately, it comes down to the math formula used in the whole derivatives market not taking consumer confidence into account.
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I posted the original message because I thought it was FUNNY.
Oh, and do I think this is any better than the Bush administration? Maybe. I'm not thrilled about the way intellectual properties issues seem to be heading. Economically, I'm reserving judgment because it's too soon to tell.
Reply
Oh...and I agree w/you 100%. Obama is not the Wizard of Oz, come to save us all with a wave of his magic wand and a sprinkle of pixie dust. But I trust he'll ultimately help turn things around. Key word here is ultimately. It's not going to happen overnight. It took Bush 8 years to make this mess. No one can fix it overnight.
Reply
(The comment has been removed)
Deregulation allowed financial folks to get more creative in their methods of pulling money out of thin air. Greed blinded people to the reality that things aren't always going to continue the way they've been going.
I've read that, ultimately, it comes down to the math formula used in the whole derivatives market not taking consumer confidence into account.
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(The comment has been removed)
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