Barack Obama is being the cheerleader in chief again today.
WASHINGTON (AP) -- President Barack Obama said Saturday that investors around the world, including the Chinese, should have "absolute confidence" in the soundness of their investments in the United States.
..."I think that not just the Chinese government but every investor can have absolute confidence in the soundness of investments in the United States, and that is not just in U.S. issues, Treasury notes, but also in the private sector and the commerce and the industry that has made us the most dynamic economy in the world," Obama said after meeting with Brazilian President Luiz Inacio Lula da Silva.
I think the Chinese aren't really worried about their investments in the U.S. as much as they are enjoying taking swipes at our economic crisis.
In terms of my own investments, I HAD "absolute confidence" in our system and the private sector.
Of course, there are abusers of the system, but they are the exception.
As an investor, I lack confidence in Obama and what he plans to do to our system.
Geithner has asserted, "I think capitalism will be different."
That's the stuff that makes me wary.
Why invest in a socialist system? I don't want to buy a sinking ship.
5 comments:
Exactly. If you're running laps around the Titanic, you're still going down.
Geithner can't even get anybody to wrk with him. How is he going to change capitalism? These Obama guys egos are huge and are perfect examples of the Peter Principle.
Obama and Geithner have been disastrous.
"Why invest in a socialist system? I don't want to buy a sinking ship."
Yep, let's get rid of the socialization of the airlines, the railroads, the oil company subsidies, the US military, all local law enforcement, all local fire protection, the forest service, the national parks, all the states' DNR offices, the interstate highways, federal food protections, all that stuff that private sector and business has absolutely no use for and receives absolutely no benefit from.
Down with this damn socialism, let those investment banks bite the dust, don't socialize their losses, get rid of all the TIF district benefits for Wal-Marts and Targets, so they don't get to keep the sales tax they collect as they, "compete," in the free market with the Mom & Pop stores.
How about those government subsidized private sector mega-farms receiving money for not growing certain crops.
Yep, the private sector and free markets will work much better without all this socialism in the good ol' USA.
Thank goodness, I was beginning to think that you were simply a racist and a bigot, Ms Mary, but you named Geithner as part of the disaster team. Oh, but please clarify for me, was he a disaster when he was working on Wall Street, or, just since he left Wall Street?
Thank goodness, I was beginning to think that you were simply a racist and a bigot, Ms Mary, but you named Geithner as part of the disaster team.
Oh really?
What have I said that made you think I was a RACIST and a BIGOT? Please be specific.
You certainly can't be throwing around such incendiary terms just because I'm expressing a dissenting view when it comes to Obama.
And I don't think tax cheat Geithner should be the Treasury Secretary. He's a crook.
You need to get a grip.
ENOUGH.
Take your abusive behavior somewhere else.
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