Blog Archive

Blog Archive

Monday, December 12, 2011

postheadericon No leaders

President Obama on “60 Minutes” Sunday offered a series of excuses for lack of success and new suggestions for lowering our standards. Republican candidates in their presidential debate Saturday again turned the GOP contest into a bad-reality television show where candidates unworthy to be president make statements no president should ever make. The House and Senate cannot get anything done while favorable ratings for Congress hover between 9 and 11 percent.

Wall Street firms and banks are back asking for another humongous bailout, this time in Europe, but it affects American banks and firms as well. Meanwhile, banks continue to hoard massive amounts of money they refuse to loan, throw homeowners out of homes in sadistic numbers, pay themselves massive salaries and bonuses in cash or cheap stock, and give speeches at investment conferences about moral hazard.

Read more...

0 ความคิดเห็น: