It can be more than said that the Obama administration is drawing more than concern worldwide from the forex foreign exchange communities , as well as the treasuries and investors worldwide across the globe due to scope and nature of the spending spree and the “bailouts”.& Are they bailouts or a whole radical change in the whole nature of the American economy.&; Is it all an attempt at social engineering on a most grand scale – almost as grand as the bailout or is it good medicine for the world economy and foreign currencies ?
; America has become the sponge of foreign currency and forex trade.&Where is& the large export market to export to to earn that foreign currency and maintain economic growth in countries across the globe ?; Its not Europe , its not Asia its only the states. True in the end those countries end up with a whack of US dollars to hold . At least they got something worthwhile in the bargain. Well at least before the Obama administation took office .
Key events in Obama’s first 100 days – Kansas City Star – 24: Obama addresses a joint session of Congress for the first time, focusing on economic issues.Feb. 26: Obama unveils a $3.6 trillion federal budget for 2010 and estimates that the federal deficit for 2009 will balloon to $1.75 trillion.Feb. 27: Obama announces withdrawal … March 16: Obama declares he will stop insurer American International Group Inc. from paying out millions in executive bonuses after receiving billions in federal bailout funds. …
100 Days Of Obama: Evidence Of Change Everywhere | The Seferm Post – Obama went pedal-to-the-metal to throw money at the problem, first with billions of bailout dollars, next with billions of stimulus dollars, then with a proposed budget expected to produce $9.3 trillion in deficits over the next decade. …
even yet another blag: Obama hearts fiscal discipline – In addressing fiscal discipline, Obama has adopted an alternative approach: Talking up his biggest failing. After passing a $3.5 trillion bailout and stimulus, he wants to reintroduce the pay-go? He says he’s identified $2 trillion in …
major.html”>Milwaukee Live: Obama Spending Spee Creating Major Concerns – During the first 100 days of his presidency, Obama has signed a $787 billion stimulus bill into law, proposed an eye-popping $3.6 trillion budget for the next fiscal year, taken over a massive $700 billion Wall Street bailout program …
Capital on the Offensive against the Working Class – Class … – Since the economic crisis began, the Bush administration and then the Obama administration have handed trillions of dollars over to the banks,
Obama’s Economic Plan ‘Dangerous’ « One Man’s Thoughts – Obama has said that his bailouts and economic recovery plans will boost the deficit, to $1.75 trillion this year. But Cheney said his concern isn’t only long-term deficits but that Obama “is also redefining that relationship between …
Perception Of Tea Parties Was Incorrect – This was about spending at the federal level that has gone completely berserk, about an exploding deficit that threatens the quality of life of our kids (and probably that of our kids’ kids), and about a bailout mentality in Washington … The deficit in the first year of Obama’s presidency: $1.85 trillion. Obama’s first deficit will amass more debt than all 43 of his predecessors — combined! His own budget director has admitted that the administration’s 10-year budget …
GM’s Place » Obama’s Two Faced Approach To Spending – In the early months of his presidency, President Obama has shown he isn’t afraid to spend billions of dollars on corporate bailouts or to run up trillions of dollars in U.S. debt to battle an economic crisis. …
Ron Paul Votes NO BAILOUT (Speech on the House Floor) | Liberty … – September 29, 2008, US House of Representatives. Ron Paul [R-TX] votes NO on the bailout bill. AYES 205 NOES 228 clerk. … Browse: Home / Protecting Our Liberty / Ron Paul Votes NO BAILOUT (Speech on the House Floor) …. They are the ones that are barrowing Trillions of Dollars that they can’t pay back, and The people of America are the people that barrow from the government, and pay our taxes with that barrowed unpayable money. adriannacruz …
portland imc – 2009.04.26 – Obama Draws Fire from Socialists and … – President Obama’s fiscal road map, the bailouts for the financial sector, the occupation of Iraq and Afghanistan, and the bulging national budget, will likely cost the nation more than $7 trillion over the next year with many socialists …
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