tag:blogger.com,1999:blog-8529580665294663953.post2026084003699724448..comments2023-10-27T04:26:57.609-07:00Comments on InvestorCentric: Barack Obama Thinks He Could Have Prevented Current Economic TroublesNuWire Investorhttp://www.blogger.com/profile/02512928198926080436noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8529580665294663953.post-90164480904052195692008-02-14T07:01:00.000-08:002008-02-14T07:01:00.000-08:00That's right... he didn't explicitly state that he...That's right... he didn't explicitly state that he could have stopped it, but what is his point of bringing it up if he doesn't think that he could have done much better or stopped it altogether? He's just playing it safe by implying it (pretty obviously)... just like an advertisement for a 'Trump' real estate investment course I recently saw. The line reads, 'If you aren't a millionaire by the end of 2008, you didn't take my course.' It doesn't guarantee that you'll be rolling in dough if you do take the course, and Obama doesn't say flat out that he could have made a difference... but the implications are clear and designed to sell. It's good marketing, and I don't fault Obama for it. And certainly, I think that Washington is in fact to blame for many of the woes right now. I even believe that Obama might have done a better job, but it is a kind of cheap political ploy (the most common one, in fact) to deride the current regime as a means of selling yourself... Why doesn't he tell us what he plans to do to fix these problems? Maybe because he doesn't intend to, given his projected budget...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8529580665294663953.post-5814266315663104512008-02-13T14:33:00.000-08:002008-02-13T14:33:00.000-08:00In the referenced comment, Barack doesn't assert t...In the referenced comment, Barack doesn't assert that if he were in office he would avoided the recession. He only makes the (obviously correct) point that the recession is a consequence of poor decisions, including insufficient regulation of the subprime mortgage industry, made in Washington.David desJardinshttps://www.blogger.com/profile/15205200038718576331noreply@blogger.com