Obama's strategy is obvious

[Hallelujah]

TooBlue,

Responding to your points:

First, about looking to the Asian markets collapse -- I mentioned them because MBN was arguing that this was a waste of time. Of course it is also a good idea to look at our own Great Depression, which would suggest that improving manufacturing and fixing infrastructure are a couple of arrows in our quiver. The Congress is looking to clean up banking. So we seem to be taking lessons from more than one place, which I think is good.

Second, "Bush isn't president," seriously? That is your first point? Don't let that knee hit you in the face when it jerks around like that. During the last eight years the 'obvious' was not so 'obvious.' The folks who bought these expensive houses with the exotic mortgages would say things like, "I don't have to pay the mortgage, I just have to pay 'interest only' for a few years. I don't plan on living here for more than three years, so I will just sell before the rates readjust and I will leave with all of that equity in my pocket." In other words the "Obvious" was not "Obvious" to a lot of people.

Third, style points (and I know you are an artist, so I'm looking out for you here,) consolidate your points a bit better. This thread already gives the impression that it is where the crazy people are, so we don't need your style to give the haters any ammunition.

Who controlled the congress the last two years where these mortgage abuses too place?

[Hallelujah]

Cutting taxes when your expenses exceed your income is a form of spending, no matter what you say.

Edit: It isn't spending, it is BORROWING. Same difference.

Brilliant. Why not cut expenses? When you earn a wage, who's money is it and who determines how much Robin Hood should take from you?