Re: Barack 2008!
Bill Clinton said on Letterman last night, both should relish the credit they will get for cleaning up as it can't get much worse. But they're now talking of needing follow-up gigadollars.
Certainly over the next six weeks we'll see how bad it is so that Obama is seen as a saviour.
I think a lot of folk will turn Democrat as a result of this... more people who need the government to help.
Bill also said 2/3 of US households had mortgage stress. McCain is known for war not budgets!
Concerning the USD700Gigadollars bailout bill -
a) Whoever stops it will be blamed if there is an immediate recession/ depression. (no win for the Democrats) , and
b) Whoever inherits the fallout (assuming it is passed - and assuming it is the Democrats), could well find themselves up against a worse recession down the track.
and gotta be a poisoned chalice for the Dems
The timing is atrocious (to my simplistic eye)
Bill Clinton said on Letterman last night, both should relish the credit they will get for cleaning up as it can't get much worse. But they're now talking of needing follow-up gigadollars.
Certainly over the next six weeks we'll see how bad it is so that Obama is seen as a saviour.
I think a lot of folk will turn Democrat as a result of this... more people who need the government to help.
Bill also said 2/3 of US households had mortgage stress. McCain is known for war not budgets!