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[email protected] dcaster@krl.org is offline
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Default Hope and Change - How is it working out....

On Feb 9, 1:17*am, "PrecisionmachinisT"
wrote:



--pray tell us what his administration woulda coulda shoulda done
differently in order prop up YOUR ****ing grotesquely inflated property
valuation ?

Housing prices went through the roof....for nearly 2 decades...

Did you REALLY expect that trend to continue indefinately ?

Lotsa folks made a killing...

Too bad that you waited so long--probly should have sold out while the
getting was still good--but good luck blaming Obama for your lack of market
timing on this one....especially since IIRC you almost always eventually
come out as saying that government should basically let the market decide

-- *


You assume that my land is "****ing grotesquely inflated ". And you
are wrong. And I do not expect housing to go keep going up with no
down side fluctuations. I did expect prices to stabilize before
now.

But................ Obama did concentrate on getting the Health Care
bill passed, instead of concentrating on the economy. This is not the
brightest thing to do in a recession. The Health Care bill has
discouraged businesses from hiring. It has made automating to reduce
the number of employees more attractive. It has made having employees
work overtime more attractive than hiring more people.

Obama has tried increasing government spending to combat the
recession. And it has not worked very well. In contrast the Germans
have not increased government spending , and that has worked well for
them.

Obama did a lot of things such as giving the States money, which
reduced the impact of the recession, but they also increased the
length of the recession. So it really did not help. The States in
general took the money and used it to continue business as usual
instead of changing. So it postponed changes in the States budgets by
a year, but now the changes are happening anyway.

The big banks have been propped up. So there has been little Change
in the banking system.

I do not blame Obama for everything, but he has been in office two
years. He should have made more progress than he has. He has lost
the confidence of the people. The last election shows that. And a
loss of confidence makes people hesitate to spend and invest.
In short he has not provided Change and many people that are
unemployed have lost Hope.

Dan