Posted on 02/24/2009 4:30:45 AM PST by longtermmemmory
The government should address the financial crisis instead of nationalizing banks like Citigroup because of the ripple effect that will occur and now is the time to take serious action to solve the financial crisis, with Richard Steinberg, Global Asset Management; with Robert Brusca, Fact and Opinion Economics.
http://www.cnbc.com/id/15840232?video=1044129637&play=1
GO TO TIME POINT 3:42!!!!!!!!!!!!!!!
The democrats did not inherit barney frank, the democrats did not inherit christopher dodd!!!
OUCH!
that is going to leave a mark.
Becky Quick did the intervew and she is her usual useless self. Water carrying for the administration.
Of course Joe Kernana rushes in so fast at the end to girly man support the EXCUSES of obama that his irrelivant commentary beggs the question why is he not wearing a cheerleader outfit.
Of course this plain speak of the administration is followed by Representative Eliga Cummings who just spewes the same left wing "surrender to obama" nonsense.
Logic slips by the CNBC censors. The CNBC producer is going to get another nasty call from Howard Dean again...
(they seriously need to replace the squack box lineup with people who acutally serve a purpose rather than push toxic obamanomics.)
Indicision is causing havoc.
Geitner has a plan to have a plan.
MOST IMPORTANT DEMOCRATS ARE SOLDLY BLAMED!!!
now they have the socialist advocate going ga ga to support socialism and the forclosure plan acorn givaway.
Geitner’s plan is to have a plan.
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(For life beyond the great corporate firewall...)
It’s hard to believe this is the same Geithner all the libs, Rats and even others were gushing over as showing what excellent judgment Obambi had in his administration picks.
You know, it should tell you something when someone who is supposed to be so intelligent and experienced in high finance tells you with a straight face that he failed to pay his taxes because he used Turbo Tax.
Anyway. Geithner looks like Exhibit A during Amateur Hour. Exactly what the economy does NOT need right now.
this is why this video struck a chord.
Here you have TWO MORE analysts who show that Obama is not selling the kool aid.
Two analysts who are saying the emperor obama has no clothes.
There is a reascon CNBC has bee pandering to democrats in the studio, they are trying to preserve access.
No matter how much Obama waffles and lies, Obama can not conceal reality. Reality is Obama is being fiancially rejected.
Futures are squeeking to another bad day.
(trader on now is asking a six month suspensin of mark to market and the cost is zero, it is just as logical as all the floundering around cluelessly...priceless.)
a plan to have a plan. Precisely. This guy is the one they HAD to have? The smartest guy in the room?
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