Obama team says consensus exists on global stimulus

[Mr Burns]

ngali wrote:

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And let's not forget what happened IMMEDIATELY after Paulson let Lehman Brothers go down.
The credit market freezes up - AIG is completely exposed and face inevitable collapse, and unless they are rescued by the government would only ensure further chaos.
When the first stimulus bill failed the dow immediately went down 500 points.
People are talking about stimulus and government intervention as if there's a choice.

There is always a choice.

Incidentally, if the system is flawed, wouldn't you prefer to know about it or would you rather keep chugging along blindly? To accuse the former secretary as your post suggests is truly a mark of stupidity.

The continued stimulus that the G8 Summit refers to is the continued infusion of cash into weakened economies. Apparently, OTHER countries are willing to stop printing money and see where the chips fall. OTHER countries are willing to take the risk that their econimies are strong enough to survive on their own. The OA obviously believes the the US is not ready to take that risk. I guess the OA is not done building their patronage army yet. It's just a shame that this "investment" is bankrupting our country.

It's time to cut and run.

[Jack Stephens]

ngali wrote:

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What like taking from tax payers, and giving to Wall Street and Detroit? Who are the "lazy" you have in mind?
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I'd say Detroit Auto companies fall in the lazy category and Wall Street falls in the crooks category. And in more general terms, the lazy are the folks who are looking for government handouts instead of looking for work and supporting themselves.