And this is why much of the analysis on Sunday talk shows are just paid journalists with a two week paycheck and not people to give one financial advice of a slumping economy.
Following Stephanopolous' opening Republican frame on Sunday that the money from the stimulus package isn't going to make its way into the economy right away. The panel discussion on the show were Cookie Roberts, Sam Donaldson, Carly Fiorina, George Will, and the one person on the panel with a brain was Paul Krugman. As much as respect Krugman, keep in mind thathis Nobel Prize was for his work on “analysis of trade patterns and location of economic activity” and not the analysis of economic downturns. And Carly Fiorina the former CEO of HP was completely useless and brain dead. She stated that we are in a credit crisis. It’s not a credit crisis. It’s a foreign debt and global crisis. And Will, Roberts, and Donaldson analysis of the best use of the stimulus package made them sound clownish. None of them are qualified to give their take on the stimulus package when I bet none of them read the entire 400 + page House Stimulus Bill.
My advice is to start listening to the other side of the argument of the economy crisis from investors such as Robert Kiyosaki, Eliot Spitzer and Warren Buffett.
1 comment:
Alot of Economist have spoken and many paid Republican idiots have spoken. Law Makers like John Boehner, Mitch McConnell and Eric Cantor among others have been given kick back money by the bailout banks to continue getting money and stop Obama from helping the taxpayers. Now CitiCorp is buying a Jet with taxpayers bailout money and other will follow. Everyone knows what happen but they refuse to believe Bush/Cheney lied. Our money has been leaving the US Treasury since 2000. First the US surplus went to the Caryle Group with members who included Bin Laden Family, Bush Family, Dick Cheney and other rich Friends. Then each Department of the Govenment stole as much as possible. Even the Christian Churches that help Bush get in office where given an Office in the White House and money spread all over. We used taxpayers money to teach Muslim's to become Christians even our soldiers were order to learn the Christian religion. We paid Iraq Families to have their children taught Christian Religion. Money went out for every thing from black mail, hookers, male prostitutes, murder and so much more. What's truly a horror is that all the detainees information was found to be fake and made up by the US. We paid families of the detainees we died while being tortured, we paid families for the woman/children we tortured/raped/killed. We can turn a blind eye to the truth but History is already written and that not even Obama can change. We are the enemy and the enemy is us as we look in the mirror.
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