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The Obama Stimulus: Truth and Consequences
Martin D. Weiss, Ph.D. (February 16th, 2009) Writes:
Never before have I learned so much so quickly from my readers as I have now — all just by reading the thousands of comments you have posted on my blog in the past week!
One of your key questions: Will the new Obama stimulus and banking bailouts succeed or fail?
What will be the immediate and ultimate consequences?
What should I do?
Today’s gala edition is my response.
But let’s not waste time digging for causes — the economic blunders of Washington, the financial greed of Wall Street, or the big debts and risky bets by almost everyone.
Let’s also not waste time pointing fingers — the Clinton administration for creating the tech bubble, the Bush administration for creating the housing bubble, or the Obama administration …
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Alan Greenspan, America, Auto Manufacturers, bank deposit insurance coverage;, Bank Of America, Bank Of Canada, bank of england, Bank Of Japan, Bank of Norway;, Bank of Sweden;, bank rescue packages;, Bear Stearns, Brazil, bush administration, Central Banks, China, Citibank, Citigroup, Clinton administration, Colombia, Depression, energy, European Central Bank, Fannie Mae, Federal Deposit Insurance Corporation, Federal Government, Federal Housing Administration, Federal Reserve System, finance experts, Freddie Mac, free online video summit;, Hsbc, International Labor Organization;, J. Irving Weiss;, Japan, Japanese Government, Jpmorgan Chase, Lehman Brothers, Market Commentary, Martin D. Weiss, Mexico, Michigan, Milton Friedman, National Bank of Denmark;, New York, New York Times, Oil, Paris, philadelphia fed, real estate boom;, Real Estate Bubble, real estate bubble burst;, real estate collapse;, Reserve Bank Of Australia, Retail Sales, S&P, Singapore, south korea, Sp 500, Steve Lohr;, Swiss National Bank, Term Auction Facility, the University of Michigan, Tokyo, United States, United States government, Us Government, USD, wachovia, wall street, Washington, Western Europe, wild real estate speculation raging round;
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