There can be said to to be several parts concerning the Obama “administration” and its effects on the world economy and the forex foreign currency trading situation.
First of all while the American public elected Mr. Obama the rest of the world is rather concerned. Its an interconnected world – an foreign currency is the jam or the oil that makes it all work well . On top of that the dollar numbers involved in the “bailouts” are beyond comprehension. Yet foreign governments are watching their holdings , in US dollar demominations , being played around by people of little real experience or background , like a financial planner saying jokingly ( or not so jokingly ) , that he will “play around” or “we can play around” with money you have set aside for investments. Hard earned money at that. What a bunch of children and crooks. And yet the environmentalist Mr. Obama flies to Hawaii in an almost empty jumbo jet.
Robert Reich’s Blog: How Obama Can Succeed in the Next Hundred … – The stimulus and bank bailouts have required the government to pump almost $1.5 trillion into the economy and the Federal Reserve Board to dramatically expand the money supply. This makes sense in the short term. …
Barack Obama: Screw You! | American Conservative Daily – Yes, that’s right, “mutate” into something “unhealthy” — that’s how Barack Obama’s administration responded to those patriotic Americans who opposed trillions of dollars in out-of-control federal spending, and who also opposed bailouts …
President Obama’s First 100 Days « On Freedom’s Wings – Through all the bailouts the President and his administration have pledged $9.7 trillion of taxpayer money. That is in addition to the $11 trillion current national debt. He signed into law a housing bailout that $75 billion towards …
Obama’s first 100 days as U.S. president | HonoluluAdvertiser.com … – April 2: Obama attends the Group of 20 economic summit in London, where leaders agree to bail out developing countries, stimulate world trade and regulate financial firms more stringently. … April 20: Obama holds the first formal Cabinet meeting of his administration, ordering department heads to slice spending by $100 million, a tiny fraction of the $3.6 trillion federal budget he proposed a month earlier. April 21: Obama leaves the door open for prosecution of federal …
The Bailout Is a Fraud That Could Bring Down Obama | Corporate … – Inflation will kick in. More trillions for the Macs will be needed. Housing isn’t going to recover and stocks will be forty percent below what many paid for them for a long time. Obama will go down. And of course the black media and …
Related Websites - Kudlow: 100-Day Lurch to the Left WedNEWSday - April 29th, 2009 CNBC's Larry Kudlow, an astute economist, says of Obama's first 100 days in office, "We are witnessing a triumph of government bureaucrats over entrepreneurs, investors, and small businesses." Kudlow goes on to tell us that under Obama we...
- How Many Economists Does It Take To Build A Successful Blog? One, if it's The Weakonomist I've thoroughly enjoyed all the interviews I've been fortunate enough to do with my fellow personal finance bloggers, but my conversation with the Weakonomist is one that could easily have spilled over into two, simply because the Weakonomist has so...
- San Francisco Fishing Charter with Captain Perry (and Personal Finance Links) A couple of weeks ago, my friend San Francisco Boater on a fishing expedition. He had made friend with Captain Perry Kerson who does fishing charters in San Francisco. SF Boater suggested that we go out and see what fish...
- Good Debt, Bad Debt and Flawed Investment Return Data I can't tell you how often I hear or read someone argue that they have "good debt." This "good debt" argument is made to rationalize having a car loan, a HELOC or second mortgage balance, and even credit card debt. The...