Can he say Calyforneeaa? Does he think recessions end with unemployment +9%? Michigan won’t be out of recession until probably two weeks after Haley’s Comet’s next visit.

These people should all be tried for idiocy along with their looting of the treasury. It’s little wonder he didn’t file his taxes, he couldn’t figure how to open his W-2 envelope.

The debt is already being monetized to keep Treasury rates below what the market would fund at higher auction rates. As with our govt spending, it could be reversed given the will to endure the short term consequences for the long term good.

How much probablistic weight does the market/an investor give to the scenario that this Obamenous cloud passes as the country votes for fiscal sanity (and conservatives–not RINOs–that will actually legislate w/ fiscal prudence)?

I know it looks grim now, but how would the market respond to “You know all that stupid costly stuff that looked like it was going to pass? November 2010 fools! Nothing of the sort!” I’d think we’d see a rally.

And 15 trillion later the DOW is at the 8000 mark, Which all the smarties said would happen if we DIDNT bail out the banks (the banks being GS, and anyone who owed GS money, cough AIG cough) .

GS already made out like the bandits. The company was bankrupt before we stepped in, and now they are posting billions in profits that they shouldnt be able to even assume the risk to generate. Is fascism too rude? Corporatism then.

I wish my bank owned a government.

Is there any chance at all they are not forced to monetize this debt?