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1 posted on 03/06/2009 10:12:30 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer
"We...are drifting into a situation where institutions are being nationalized piecemeal with no resolution of the crisis,"

That is by design.

0bama=Hugo Chavez

2 posted on 03/06/2009 10:14:33 AM PST by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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To: Oldeconomybuyer

Obama won’t listen to him because he isn’t the New York Fed chair. Apparently only the East Coast Fed heads know anything.


3 posted on 03/06/2009 10:14:44 AM PST by Non-Sequitur
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To: Oldeconomybuyer

Off to the re-education camp with him.


4 posted on 03/06/2009 10:18:45 AM PST by Sig Sauer P220 (Birth certificates are for suckers.)
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To: Oldeconomybuyer
The government should move to declare banks insolvent and use power to take over the failing institution and continue operations under new management

Exactly! It's not like we don't know how to do this, we do. Geithner and Bernanke just won't do it.

Instead we have a bunch of zombie banks full of bad loans on a slow walk to nationalization. Until these bozos start cleaning up the bad loans and bad banks the uncertainty will continue to kill the markets and bank stocks in particular.

6 posted on 03/06/2009 10:37:30 AM PST by colorado tanker (Oh my God, am I hoping for change.)
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To: Oldeconomybuyer
I wonder if Obama’s policies are soon to be determined treasonous. Maybe impeachment is just down the road.

More and more people speaking out against him and his dangerous policies.

10 posted on 03/06/2009 11:55:16 PM PST by Cedar
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