He said 3.5 million people voted, which is incorrect. 92,932 people have submitted 104,084 questions and cast 3,606,091 votes92k people voted. Basically all from digg and reddit. There's like what, 300+ million people in the US?Do some math.
Real, transformative change? No.Cosmetic change? Sure. Change the name of "toxic assets" to "legacy assets". Woohoo!President Obama does have a laissez-faire attitude toward one thing, and that's the Federal Reserve. He claims to want to stop the "bubble-and-bust" system, but he's not going after the source of the bubbles - the Federal Reserve.When you hear someone say something like, "The Fed prints money out of thin air," that is technically true. But you don't actually see the dollar bills. It's done electronically. The Treasury issues pieces of paper called "securities" signifying an I.O.U. to the Federal Reserve, which then inserts newly created money into the government's checking account. That increase in the "money supply" is inflation, which lowers the value of our currency. And recently, the Fed pumped in about $1.25 trillion.What will Obama do about this?Take a guess.
Biden as President? Or even (shudder) Nancy Pelosi is this our government has to offer us as a alternate president,It's just a rigged game. heads they win tails you lose.
bossxMar 26, 2009
He said 3.5 million people voted, which is incorrect. 92,932 people have submitted 104,084 questions and cast 3,606,091 votes92k people voted. Basically all from digg and reddit. There's like what, 300+ million people in the US?Do some math.
juankovoMar 26, 2009
Perhaps.
Closed AccountMar 26, 2009
bottom line...Obama will not be pushing any legislation to legalize it. If you are hoping for that, you will be sadly disappointed.
Closed AccountMar 26, 2009
Real, transformative change? No.Cosmetic change? Sure. Change the name of "toxic assets" to "legacy assets". Woohoo!President Obama does have a laissez-faire attitude toward one thing, and that's the Federal Reserve. He claims to want to stop the "bubble-and-bust" system, but he's not going after the source of the bubbles - the Federal Reserve.When you hear someone say something like, "The Fed prints money out of thin air," that is technically true. But you don't actually see the dollar bills. It's done electronically. The Treasury issues pieces of paper called "securities" signifying an I.O.U. to the Federal Reserve, which then inserts newly created money into the government's checking account. That increase in the "money supply" is inflation, which lowers the value of our currency. And recently, the Fed pumped in about $1.25 trillion.What will Obama do about this?Take a guess.
nicomclaneMar 26, 2009
There is just so much hypocrisy going on right now, gosh it is hard to just breath!
neoconned08Mar 27, 2009
F**K YOU OBAMA
wjappeMar 27, 2009
Biden as President? Or even (shudder) Nancy Pelosi is this our government has to offer us as a alternate president,It's just a rigged game. heads they win tails you lose.