Saturday, September 20, 2008

Obama's Rocky Mountain High - What Is He Smoking?

According to Obama philosophy is responsible for the current market gyrations.

I certainly don’t fault Senator McCain for these problems. But I do fault the economic philosophy he subscribes to. It’s the same philosophy we’ve had for the last eight years — one that says we should give more and more to those with the most and hope that prosperity trickles down to everyone else. It’s a philosophy that says even common-sense regulations are unnecessary and unwise; one that says we should just stick our heads in the sand and ignore economic problems until they spiral into crises.

What a lack of understanding of financial markets!! When the markets recover will he say you still need more regulation?

How does regulating the financial marketing going to help with our current economic problems?

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