Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Mentioned: 0 Post(s)
Quoted: 7 Post(s)
Or you can actually read what he said, instead of the headline and see that the near $Trillion in taxpayer dollars has yet to stabilize the situation.
So once you count the caveats in the comments, and note that the pressure is just beginning in much of the sector, add to that the warning of enhanced regulation to the entire sector, that headline blurb of "eased somewhat" takes on a relative meaning, contrary to the body of the statement.
Now, a finally strengthening dollar, that is the first bit of REAL good news the economy has had in 36 months.
I sometimes wonder if he even reads what he posts. All those supposed "good news" articles he posted were full of all kinds of warnings, cavaets and buts. Things are pretty simple - one billion dollars a day is leaving the US consumer economy for OPEC. Another one billion a day is leaving for Iraq. Billions more are going to buy Chinese junk. Sooner or later the US economy will begin to contract, if it isn't already.
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.
-President Barack Obama, 1st Inaugural address