Replies to post #151384 on Forwardly Inc (FORW)

[NOBO]

Politicians are given too much credit or blame for the economy--and the public gets the facts wrong because of the "spin" of the politicians and media--it was Robert Rubin and Clinton (a Democrat) that lessened the rules on Derivitives and let Wall Street run wild in the 90's and on and also lessened trade restrictions globally---and Bernanke under Obama now who is saving the economy was a Bush appointee in 2006--and it was Bush that launched the first Bailout. I know folks like to play politics on things---but the reality is its not so clear cut---heres a link on the first bailout---it wasnt Obama that set the ball rolling...bottom line...it doesnt really matter on Fed money policy who is President EXCEPT they have the power to appoint who controls the money supply
http://articles.cnn.com/2008-09-24/politics/bush.bailout_1_bailout-proposal-rescue-plan-mortgage-related-securities?_s=PM:POLITICS