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Message: Re: The stimulus package

Jan 30, 2009 08:00PM

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Jan 31, 2009 07:34AM

"The package is nothing more than than a left wing spending orgy"

Well, from the practical point of you there is no much difference between Obama package and George Bush TARP package ($700 Billion) to bailout his wall street friends and satisfied the "right wing coalition". The system is corrupted and has to collapse regardless of who is running the show.

I think the revolution maybe be bladeless but not painless. Collapse of the bond market which is over 50 times larger then the equity market may be a good start for new beginning.

This could be a long process and coincidently some are suggesting that it started last week.




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