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delldude

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Great pick Barrack

President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com.

Little CYA statement of course:

In a statement to ABCNews.com, a spokesperson said Emanuel served on the board for "13 months-a relatively short period of time."

The spokesperson said that while on the board, Emanuel "believed that Freddie Mac needed to address concerns raised by Congressional critics."

Surely.... :wacko:
 
What are the odds we will have an independent counsel look into this sub-prime mess. I think, not much..................
 
What are the odds we will have an independent counsel look into this sub-prime mess. I think, not much..................

Waxman obviously hasn't found any Republicans involved or there would be hearings.
 
"Beforehard, Obama and Biden will meet with a 17-member council of economic advisers.

Among the panelists are former Treasury Secretaries Lawrence Summers and Robert Rubin, former Fed Chairman Paul Volcker, billionaire businessman Warren Buffett and other leaders in business and politics.
"

"We are facing the greatest economic challenge of our lifetime and we are going to have to act swiftly to solve it," Obama said in his first news conference since his election.



you can read more about it on CNN ,it's the lead article ... now i don't know about you all , but i'd say he's off to a fine start ...

the first thing that must be done is to consult with our nations finiest econmic minds , we have to get a longer term picture of the problem , understand what's going to affect what in the domino ....

as for laying blame on people for not seeing this mess .. VERY few people and i mean VERY few saw this coming , and the ones who did were labled as crazy , so i don't think we should be running around blaming people for not seeing something that most everyone didn't anticipate ...

no , what we can do is get an idea of the problem , talk with the best we have , and then prepare to take action . :up:
 
"Beforehard, Obama and Biden will meet with a 17-member council of economic advisers.

Among the panelists are former Treasury Secretaries Lawrence Summers and Robert Rubin, former Fed Chairman Paul Volcker, billionaire businessman Warren Buffett and other leaders in business and politics.
"

"We are facing the greatest economic challenge of our lifetime and we are going to have to act swiftly to solve it," Obama said in his first news conference since his election.



you can read more about it on CNN ,it's the lead article ... now i don't know about you all , but i'd say he's off to a fine start ...

the first thing that must be done is to consult with our nations finiest econmic minds , we have to get a longer term picture of the problem , understand what's going to affect what in the domino ....

as for laying blame on people for not seeing this mess .. VERY few people and i mean VERY few saw this coming , and the ones who did were labled as crazy , so i don't think we should be running around blaming people for not seeing something that most everyone didn't anticipate ...

no , what we can do is get an idea of the problem , talk with the best we have , and then prepare to take action . :up:

Except the market dived 200+ points as he was talking. :down:
 
hmm interesting , but as of right now the market is in postive territory !?!? 😱

could it be this link between the polticans and the market that you see isn't actually there ? :lol:


now yes , SOME poltical actions can affect the market , like the time the congress failed to pass the FIRST 700 billion dollar bailout ... that had horrific after affects ....


As i've mentioned to you before , and will do so again ... alot of the players in the market don't quite know what's going on ....

for the market to even be in postive terriotry is strange considering todays headlines about GM and the jobs report ..

but hey , that's the market for ya .... the fact still remains the us economy is dying . i do hope your not going to from now until obama leaves office corrilate EVERY market swing and relate it to obama .... will we have to listen to you praise obama if the market has another 700 point run up ? or will you damn him if it drops by 700 points ?

the problem with potlics is the paritisans ....
 
you can read more about it on CNN ,it's the lead article ... now i don't know about you all , but i'd say he's off to a fine start ...

All about change and he surrounds himself with retreads.
Majority of those people had a hand , one way or another ,into the economy
and the present debacle.

hmm interesting , but as of right now the market is in postive territory

So whats positive anymore....above yesterday's loss 'er what?
 
hmm interesting , but as of right now the market is in postive territory !?!? 😱

could it be this link between the polticans and the market that you see isn't actually there ? :lol:


now yes , SOME poltical actions can affect the market , like the time the congress failed to pass the FIRST 700 billion dollar bailout ... that had horrific after affects ....


As i've mentioned to you before , and will do so again ... alot of the players in the market don't quite know what's going on ....

for the market to even be in postive terriotry is strange considering todays headlines about GM and the jobs report ..

but hey , that's the market for ya .... the fact still remains the us economy is dying . i do hope your not going to from now until obama leaves office corrilate EVERY market swing and relate it to obama .... will we have to listen to you praise obama if the market has another 700 point run up ? or will you damn him if it drops by 700 points ?

the problem with potlics is the paritisans ....

Err...it opened in positive territory. The past two days decline were a combination of leaked job reports as well overall lack of confidence in the newly elected president. I was watching CNN and as Obama was speaking, it started to dive.

Commentators mentioned the exact same thing after he spoke, both on CNN and on CNBC. They mentioned how they wished he would have spoke after the market close.

Clearly the market was looking for some significant information of confidence and found none.
 
All about change and he surrounds himself with retreads.
Majority of those people had a hand , one way or another ,into the economy
and the present debacle.



So whats positive anymore....above yesterday's loss 'er what?


yes well those are some of the brightest econmic minds in our country .... if THEY can't figure something out , you can kiss the system goodbye ...

i'd love to hear your thoughts on a new econmic team if you think those folks are "retards" ... please enlighten us ... who do you think should advise the new president ? i should remind you that the current treasure secetary is stepping down of his own choice ,, and it's more than likely that the fed's ben berenke is going to stay on ... but yes lets hear some names .
 
well if that's the case you'll like his new cheif of staff , they say the guys an A hole who gets things done by twisting people's arms ....

and sometimes a touch of eltisim and condensation helps work to put people in their place ... while obama may be intelligent there are many in washintgon who are not .... wasting precious time during this crisis to baby them would be a mistake ... take no prisoners , do what needs to be done to fix this problem .
 
well if that's the case you'll like his new cheif of staff , they say the guys an A hole who gets things done by twisting people's arms ....

and sometimes a touch of eltisim and condensation helps work to put people in their place ... while obama may be intelligent there are many in washintgon who are not .... wasting precious time during this crisis to baby them would be a mistake ... take no prisoners , do what needs to be done to fix this problem .

Condensation??? :blink:

Smugness has never put anyone in their place. It just make one look like an ####.
 
Condensation??? :blink:

Smugness has never put anyone in their place. It just make one look like an ####.

what can i say , their going to have to get "not nice" in order to get things done in the congress ... this econmic ciris is moving quickly ... there isn't going to be time to play "poltics" , people's feelings are going to get hurt ...decisions must be made quickly ...
 
i'd love to hear your thoughts on a new econmic team if you think those folks are "retards" ...

The operative wording was 'Retreads'.....as in used tires.

And you spelled 'economic' wrong.
 
The operative wording was 'Retreads'.....as in used tires.

And you spelled 'economic' wrong.


thanks for the correction ...

but back to the actually MEAT of the question ... you talk like you know the us economy ... so talk ...

let's hear some names ... you want to walk the walk and talk the talk , then it's show time ...

names.
 
thanks for the correction ...

but back to the actually MEAT of the question ... you talk like you know the us economy ... so talk ...

let's hear some names ... you want to walk the walk and talk the talk , then it's show time ...

names.

Names.....CNN,ABC,MSNBC,FOX NEWS,GOOGLE.....get my drift Ace?
 

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