I was a huge critic of Obama but I have now lightened up to him a bit.
He has come out in support of the auto bailouts and the $300 billion stimulus package that will drive oil higher and the dollar lower, which is beneficial for the stock market. He is also coszing up to George W Bush, Paulson, and Bernake. I feared Obama would immediately eneact a protectionist, anti-deficit, anti-spending agenda, but that doesn't appear the to be the case so far. Nanci peloci is urging for the bailout and stimulus packages, too.
I am doubing Obama will raise taxes or phase out the Bush tax cuts becuase his intelligent economic advisors such as Buffett and Volker know such actions would have negative ramifications on the US and global economy. Paulson
As for restricting NAFTA and CAFTA that would have devestating consequences, it is unlikely Obama will make such a rash move because his advisors won;t let him.
I don't care who is in power. All that matters is that the globalist policies of deficit spending, free trade, rising comodity prices, cheap labor, and consumerism, reaganomics, are perpetuated as they were under George W Bush. We can't afford to restrict the money supply and inflation duing these supposedly hard economic times.
He has come out in support of the auto bailouts and the $300 billion stimulus package that will drive oil higher and the dollar lower, which is beneficial for the stock market. He is also coszing up to George W Bush, Paulson, and Bernake. I feared Obama would immediately eneact a protectionist, anti-deficit, anti-spending agenda, but that doesn't appear the to be the case so far. Nanci peloci is urging for the bailout and stimulus packages, too.
I am doubing Obama will raise taxes or phase out the Bush tax cuts becuase his intelligent economic advisors such as Buffett and Volker know such actions would have negative ramifications on the US and global economy. Paulson
As for restricting NAFTA and CAFTA that would have devestating consequences, it is unlikely Obama will make such a rash move because his advisors won;t let him.
I don't care who is in power. All that matters is that the globalist policies of deficit spending, free trade, rising comodity prices, cheap labor, and consumerism, reaganomics, are perpetuated as they were under George W Bush. We can't afford to restrict the money supply and inflation duing these supposedly hard economic times.