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Originally Posted by Quicksilver
Turns out the GIANT crisis you speak of may not be as big as some think it is.
Many economist are not buying this financial bailout thing. I don't know Obama's
thinking on the matter but it almost seems reasonable that he would indeed sit
on the sidelines in his position and let an outgoing President and a broken
Congress with single digit approval ratings deal with the issue.
After all the majority of the American public have made it
clear that they don't want the bail out.
With the failure of it passing The results so far have
basically been the same.
If he has something up his sleeve when he gets in office to solve this problem it will be regarded as a feather in his cap.
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That might be the case but if so he backed into this position. It was not apparent the the American people were against this until after his decision to sit on the sidelines.
If indeed he is avoiding the fire to stay clean it also says a lot about his character. Wall Street took a Giant hit yesterday and everyone with investments including myself lost big time. Who knows what will happen today and tomorrow. Obama certainly does not know. So in a sense he is gambling with our future so he can look good and stay out of the tough fight in politics. If he really believes Congress is overreacting and this is not a big deal he needs to quit saying it is a big deal calling it the worst financial disaster since the great depression. As a leader he should be working with his party to bring them to some sort of consensus especially seeing his party is in power and has all the control to do what they want.
Now is the time to step up and lead...Not sit on the sidelines where it is safe.