Play Ultimate - 25 January 2010 09:11 PM
Looks like I’ll have to get my ranting back up to speed; out off practice in this new pc environment where it is almost illegal to offend somebody.
LOL
I think we are all pissed at the way WS is treating our beloved stock and we will take it out on Obama.
But in all seriousness I think the general public and the investing community has high expectations out of his promises and if he can’t deliver there will be hell to pay. Puffing his chest and sounding brave won’t cut it. he is partially right that the anger that put him in office put Brown in office, but what he fails to understand is that the D’s and him will be the ones who will be at the end of the line when this all plays out. This is not a time for big moves and initiatives, but rather a steady hand on the wheel to keep us out of the ditch. The problem is that he is too focused on agenda rather then tangible results.
I can tell you as a fact, that when I talk to our lobbyist in DC, they tell me little job creation legislation is being worked on because he is focusing on Health Care and Cap and Trade and congress is frozen as a result . He could have created a million construction jobs had he dropped the NEPA regulations for new projects and listened to the Chairman of the Transportation committee a (D) and passed the Transportation Authorization Bill. Now it is too late and his party will have hell to pay come Nov.
MA was a wake up call, but he sees it as a rallying call for his agenda. He will be shocked come Nov.