Where is the trust what happened to it Where is the common sense in folks today

Surprised maybe not be a strong enough word to describe my feelings about this topic. But for the sense of being polite and constructive, lets leave it be for now.

Some very intelligent people seem to believe that Mr. Obama in his approximately 50 days of office has created the disastrous financial situation that exists not only in the USA but in the world. Go figure that!

Living here in Northern Europe some 30% around the world from the USA, we are devastated by the current economics and that happened late last year. Now how could the new US President had such an effect on our economy even before he became President?

Where is the common sense and the ability to apply logic in these folks thinking?

Quoting from an email from one of these folks "I don't know how much attention you pay to the U.S. stock market and conditions in general here but the "change" you and many others wanted is here and it's rapidly driving our country right into the ground."

Now lets attempt to apply some logic. The current economic collapse has roots some where in the policies from several past presidents. Maybe in the first Bush Whitehouse and perhaps fueled by President Clinton's policies as well.

Not being smart enough and schooled in all this high finance; I can't be sure exactly where it started but common sense tells us that this level of problem didn't happen overnight.

Secondly, if the previous power base led by George W. Bush was so clever, how come they didn't ride their white horse into the scene last October and announce THE PLAN, win the elections and be the heroes today.

Perhaps the common sense answer is that they didn't know what to do either!

So again I ask my question???

Why do some people today blame now President Obama for this mess?

Perhpas this current mess was another result of GREED?  The type of Greed which brought down the Soviet Union and other powerful governments before. 

Just look at Mr. Madoff, what else can you call his behaviour?  It must have been GREED!

So what is the better plan?

President Obama and his team have proposed a long list of things to do.  Is it all the right stuff? I certainly don't have the ability to know and I am sure they don't know it all either.

But I quote again form this email recently received "All we hear is doom and gloom.  The annointed Messiah speaks on TV daily telling us how bad it is and insisting his democrat congress quickly pass legislation spending billions of dollars.  The banks are on their way to being nationalized and the government owns a substantial stake in the auto industry's big three among other businesses. "

It is BAD ! common sense tell us its bad.

So what to say, its all OK folks, take two Aspirin and go to be and you will feel better tomorrow?

Where is the trust, what happened to it? Where is the common sense in folks today?

This is the time to find common ground, time to band together with a team spririt of "Yes We Can" and find a way to dig ourselves out of this mess. All this negative thinking will do nothing more than dig a deeper hole as our economic grave.

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Dont you simply love the headlines in the EU bank crisis

So much for Unity !

So much for the EU better way of working together and cooperation.

What happens NOW as each group of children has gone their own way - protecting their own marbles.

Kind-of makes you wonder -- will the EU really last?

As a resident of Latvia, one of the EU's smallest countries, I find that the message that big brother is sending to Riga is not healthy - not one bit.

Latvia struggling to keep their ecomomy afloat after extensive mis-handling and management of the rapid expansion after EU adoption, may use this message from big brother so they don't have to balance their budget in 2008/2009.

Latvia's Leaders - or lack thereof - may now simply forget to get their house in order.

That will not be good for the average Latvian's future.

The haves will continue to stuff their pockets with food from the economic table while the scraps will have to be shared by the less fortunate - most of the Latvians, unfortunately.

Truly Lipstick Politics and GREED at it's worst.


------ check out the headlines and associated stories ------

EU leaders tear up rules of eurozone
By John Lichfield in Paris, Monday, 6 October 2008

Public spending curbs and rules against state subsidies will be thrown – temporarily – out of the window to rescue European banks from the abyss of the global financial crisis, EU leaders agreed at the weekend. Leaders of the four largest European Union economies – Britain, France, Germany and Italy – came up with no EU-wide magic formula, or rescue package, to defend the buckling European financial system.

They did agree, however, that national governments should be at liberty to take drastic action to shore up their own financial institutions, busting EU limits on national budgets and flouting European rules against public subsidies if necessary.

French rescue hopes sunk by Angela Merkel’s move on savings
Adam Sage in Paris

President Sarkozy’s ambition of leading a united Europe through the global financial turmoil appeared to have sunk last night as Angela Merkel moved to guarantee German savings.

The German Chancellor’s initiative may have torpedoed Mr Sarkozy’s aim of ensuring coordinated action on crisis-hit banks in the European Union. It came less than 24 hours after the French president had summoned Gordon Brown, Mrs Merkel and Silvio Berlusconi, the Italian Prime Minister, to a summit in Paris designed to devise a EU strategy in the face of the upheaval. The move irritated EU leaders who were not invited, such as José Luis Zapatero, the Spanish Prime Minister.

Critics said that the snub would complicate the already difficult task of producing a single EU policy on the crisis.

No proposed EU bank rescue fund -French official
Reuters, Sunday October 5 2008


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It's the Issues not the makeup on the issues - that's important

Watch this great debate from CNN's Larry King Live.

Larry King Live: Lipstick politics 1/2


Larry King Live: Lipstick politics 2/2



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DrillGate

What's this?

Our Government at work?

Do we really need this type of Government?


Watch this and weep -

-- or better yet write your Congress person !


Tell them what you think of such wasted effort !


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California 2008 Budget Crisis

Call it what you want but it is a big problem for the people of California. Is the governor acting like a child or performing his duties?






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