And anti Obama types place the 'blame' at the feet of the man who inherited the mess.
It's almost funny, if it weren't so tragic, the length of memory that people have, as it relates to politics and world events.
I seem to remember dereg...allowing Wall Street and Banking to do what they did...the hue and cry from the 'Conservative' side to allow them to 'do what they do'...to create opportunity.
Well, it wasn't that simple. What they 'did' in this case was to serve themselves.
Greed and instant gratification stepped in the way and they only served themselves. Not surprising.
So, Obama takes office, gets the blame.
Sorta like blaming FDR for what happened under Hoover and crippled the country until the 'Guns and Butter' of WWII came along and we spent our way out of the Depression.
BTW...I'm NOT a Liberal...a realist who's voted both sides of a less than desirable street.
Politicians, lest we forget, have one goal, not benevolent or altruistic, but self serving, 'How do I get reelected?'
The debt is a problem, but a long term, not short term one IMHO. Spending desires and rebound will service us nicely over the next four years, almost no matter who's in office.
Eisenhower once said...'Managing the economy is like trying to control a garbage truck that's barreling down hill, out of control...all you can do is hold on 'til you get to the bottom.'
Right now, we have hit bottom and we're about to bounce up...just a prediction.
Would I like to make Gryphon a player? Yes.
Could I? Yes.
Do I personally have the capital...no.
Do I have the knowledge? Yes...it's been a while, but the world is still operating the same way it did a couple of years ago.
You're an interesting guy Bob.
Larry
It's almost funny, if it weren't so tragic, the length of memory that people have, as it relates to politics and world events.
I seem to remember dereg...allowing Wall Street and Banking to do what they did...the hue and cry from the 'Conservative' side to allow them to 'do what they do'...to create opportunity.
Well, it wasn't that simple. What they 'did' in this case was to serve themselves.
Greed and instant gratification stepped in the way and they only served themselves. Not surprising.
So, Obama takes office, gets the blame.
Sorta like blaming FDR for what happened under Hoover and crippled the country until the 'Guns and Butter' of WWII came along and we spent our way out of the Depression.
BTW...I'm NOT a Liberal...a realist who's voted both sides of a less than desirable street.
Politicians, lest we forget, have one goal, not benevolent or altruistic, but self serving, 'How do I get reelected?'
The debt is a problem, but a long term, not short term one IMHO. Spending desires and rebound will service us nicely over the next four years, almost no matter who's in office.
Eisenhower once said...'Managing the economy is like trying to control a garbage truck that's barreling down hill, out of control...all you can do is hold on 'til you get to the bottom.'
Right now, we have hit bottom and we're about to bounce up...just a prediction.
Would I like to make Gryphon a player? Yes.
Could I? Yes.
Do I personally have the capital...no.
Do I have the knowledge? Yes...it's been a while, but the world is still operating the same way it did a couple of years ago.
You're an interesting guy Bob.
Larry