Saturday, April 18, 2009
NEW RULES
Well, well, well, here is our brilliant president taking the floor guiding this country through the perils of our economy. How unbelievably clear and precise is this president? How can someone who is out of work and sitting at home not feel the urge to get up and change his/her course, his direction, lift his/her spirits to find solutions in a battered economy and improve their personal circumstances after listening to our President? How proud I am of this man! His calm, precise, determination to make things happen, his thorough and complete understanding of how we got into this mess and how we are going to slowly creep out. He clarifies complaints by many that the money is not trickling down to the common folks. He said that $1 of bank capital can be $10 of loans to family and businesses which would enable a “faster pace of economic growth.” He explained why AIG had to be rescued and that we had to “provide support for AIG because the entire system as fragile as it is” would go down if AIG would go bankrupt. He said that we are starting to see some move in the right direction… small businesses jump in loan activity... encouraging but hard times are not over. 2009 will be difficult for the economy... they will be more foreclosures and loss of jobs and credit will not be flowing, and market will fluctuate. “You can continue to expect unrelenting effort from administration to fight on all fronts.” He continued to say that he is of the “firm believe that the next task beginning now is to make sure such a crisis never happens again.” The state of affairs of this country tis of thee has been carefully clarified. The solutions to the current conditions enumerated and explained and why this administration is taking such actions to effect change. “After we get the credit flowing, we cannot go back to a bubble and bust economy” that led us to this point with all the rules and regulations out the window. Having this said, our President and his administration propose the following set of NEW RULES: 1. NEW RULES FOR WALL STREET;2. NEW INVESTMENT IN EDUCATION MAKE WORK FORCE MORE SKILLED AND COMPETITIVE;3. NEW INVESTMENTS IN RENEWABLE ENERGY AND NEW JOBS AND NEW INDUSTRY;4. NEW HEALTH CARE; and5. NEW SAVING IN FEDERAL BUDGET THAT WILL BRING DOWN DEBT.YEAH! You go Barack! Your steadfast determination is admirable.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment