Comments on: Fed Chief Dampens Recovery Expectations

Market Stabilization Only First Step; "The Way Forward" Won't Be Easy, Bernanke Warns

[erb0087]

It is also true that the corrupt CEO"s (2 of them) and a CFO of Fannie Mae are Obama"s top economic advisors.
Posted by horse3farm at 12:45 PM : Oct 15, 2008

No it isn"t.

The non-partisan fact-check website Snopes.com looked into these smears: "None of them has (or apparently ever had) ongoing roles with the campaign as chief economic advisors."

Not an adviser: Frank Raines
Barack estimates that he and Raines have talked for "maybe five minutes" in their lives, and Frank Raines himself even released a statement saying that he is "not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters."

Not an adviser: Tim Howard
This supposed connection appears to have been made up completely out of thin air. Snopes.com writes, "We haven''t yet found any tangible connection between Tim Howard and the Obama campaign, however, much less any information supporting the claim that Howard is a ''chief economic adviser'' to Obama."

Not an adviser: Jim Johnson
Jim Johnson has never held a paid position with Obama for America. He volunteered to help Barack select a vice presidential nominee but stepped down after just one week.

[horse3farm]

It is also true that the corrupt CEO''s (2 of them) and a CFO of Fannie Mae are Obama''s top economic advisors.

[horse3farm]

It was the DEMOCRATS who refused to believe the corruption in Fannie Mae and elsewhere. Watch this video of congressional republicans asking questions and warning of problems a couple year ago, while all the democrats say no, there is no problem. http://www.youtube.com/watch?v=_MGT_cSi7Rs

I am a democrat and lately I have seen so much proof of the democrats actually being the cause of a lot of events. I also saw a video of Clinton and senate democrats talking about Hussein and that he has weapons of mass destruction. This was when Clinton was president.

Scarier and scarier.

[a2s2d]

After 8 years of REPUBLICAN STUPIDITY AND CRIMINAL NEGLIGENCE America is sick.... and just because we have stopped the vomitting doesn''t mean our once-proud nation is going to be healed in a day.

The REPUBLICANS have crippled, disgraced, and looted America. It will take time to undo the malaise brought on by the GOP MAFIA.

Remember McCains economic expert''s advice to YOU.... Phil Gramm(R) says: "SHUT UP, whiners!!! ...and eat your cake!!"

[msimamaji]

McCain just doesn''t get it. Neither do the rest of the Wall Street gurus. You can''t run a business if people are too poor to buy anything. We can''t run a viable economy if 1 % of the people are rich, and everyone else is dirt poor. This applies not only to America, but to the world. McCain touts trade agreements, but these trade agreements merely export American jobs to sweat shops overseas. Americans lose jobs and the workers in the sweat shops can''t afford to buy any American products. It''s a lose-lose economy.
The Democrats understand how to run a win-win economy. They know that giving all the wealth to the top 3 % is a lousy way to run the world. We need to redistribute that wealth from the rich to the working class - so that every one can have a share of the pie.

[drinuk]

The Knee-Jerk act of shutting down Lehmanns is totally responsible for this debacle and lies firmly at the door of both Bush and Paulson. As for the worldwide cash injections, BS , same old crooks playing Monopoly with the same old paper, leaving the ordinary man in the street to pick up the tab.

We are letting both Presidential candidates off lightly as neither are qualified to run this country let alone sort out the mess caused by the crooks they associate with on a daily basis.

America ! We Have Blown It Yet Again. We needed Dr Ron Paul to bury the crooks not Obama or McCain to jump in bed with them. WE are not a socialist society and WILL NOT respond to socialist methods as dictated to us by those picking up the tab. Mainly China.

[ricardo4max]

CBS once again proves that it is nothing more than a propaganda machine for the left. The economy looks like it is on the road to recovery but Oh No....It can''t be good unless there is a Democrat in office.
B$ from the media that has lost all credibility.

[ricardo4max]

It appears as though Barry Obama has changed his position on many issues during the course of the campaign. One thing that is consistent, however, is his vow to make things "fair", to redistribute wealth from the rich to the poor. For example, his tax plan essentially taxes the wealthy producers of America, especially small businesses, and gives what amounts to welfare payments to those that pay little or now tax. Question: How does this differ from socialism or communism? Why implement a plan such as this when it has been proven time and again that it destroys the economy of and lowers the standard of living in any nation that tries it?

[payasyougo]

"With any luck, the U.S. government''s quarter-trillion dollar cash infusion in banks will get them lending again..."
----
Luck.

Not sound fiscal policy, proper long term strategy or planning rather, just luck. No confidence.