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Sunday, February 22, 2009

What Now My Lovely

That is what the Obama administration would like to know. They are just treading water looking for a secret voice to tell them what to do. Althought they have some good programs that will help ease the pain for a while they havent come up with plans for a long term solution for what is causing the depression. The economy continues to worsen and the stock market likely will hit 6000 or even lower.
The very problem causing the economic turmoil has been completely ingnored. Goblalization! It is killing the american economy. Unless something is done to rebuild the automobile industry and our manufacturing base things are going to get worse.
So far Obama has just been a shill for the big coportions that backed hin in the elections . His foreign policy is just extension of George Bush's. The Iraq War is not winding down and its becoming a regional war and expanding into Pakistan and Afganistan.
Obama will be judged on how well he fixes the economy and ends the Iraqi conflict and so far he is missing the mark by a big margin.