A democratic controlled congress (both houses) and Obama

I believe we had a democratic controlled congress (both houses) from the 2006 elections. And the 2008 elections gave us both a democratic controlled congress (both houses) and Obama. The time for blaming Bush is over, unless you will also blame Carter and his congress for the laws that forced the “problem” lending practices, and Clinton and his congress for the laws that forced banks to lend based on the [...]

September 17th, 2010 | Tags: , , , , , , , , , , , | Category: All | Leave a comment

If what Denninger writes is accurate this has the potential to be a huge disater

http://market-ticker.denninger.net/archives/2109-Health-Care-Arbitrage-Obama-And-The-Dems.html

First, if people are going to be paying 20k a year for a family and 15k a year for individual care it is going to price this thing out of reach for most. We are talking average mortgage bracket servicing $1,687 p month.

With a 22+% unemployment figure this is not a doable figure, and even during good times how many middle class families can take on a [...]

March 23rd, 2010 | Tags: , , , , , , , , , , , , , | Category: All | Leave a comment