Tuesday, March 24, 2009

Trust, once destroyed, cannot so swiftly return

Successful bank rescue still far away

Nobody can be confident that the US yet has a workable solution to its banking disaster. On the contrary, with the public enraged, Congress on the war-path, the president timid and a policy that depends on the government’s ability to pour public money into undercapitalised institutions, the US is at an impasse. It is up to Barack Obama to find a way through. When he meets his group of 20 counterparts in London next week, he will be unable to state he has already done so. If this is not frightening, I do not know what is.

Posted by devo @ 08:58 PM (926 views)
Please complete the required fields.



7 thoughts on “Trust, once destroyed, cannot so swiftly return

  • Congress on the war-path, maybe. The president TIMID? lol.

    Obama, came from nowhere backed with Wall St money throughout the election campaign. Go figure!

    Reply
    Please complete the required fields.



  • Obama is trying to do what he thinks is best for the good of his nation. So is Gordon Brown for that matter.

    Reply
    Please complete the required fields.



  • devo says… RA RA RA Tow The Party Line. RA RA RA Gordon n Obama Are Right!

    Sorry to personalise it but please! I mean… Good Grief!

    Reply
    Please complete the required fields.



  • rotten tomato says:

    I’m starting to change the words “bank rescue” with “derivatives bets bailout” when I read anything in the media. Perhaps it is my cynical nature, but this so unpolitically correct filter of mine makes newspaper news a whole lot more clear.

    Reply
    Please complete the required fields.



  • Please don’t get me wrong, fingerbob.

    Obama and Brown THINK they are doing what is best for their country.

    They are both in denial.

    Reply
    Please complete the required fields.



  • 5. devo

    What THEY think is best maybe something quiet different to what we the masses think!

    Reply
    Please complete the required fields.



  • What they think is what will be the best for them and there buddies.

    This is not about US when it comes down to the best, only the worst.

    Keep a clear head and look at the cold hard facts.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>