Are people in this county totally clueless about all the things that HAVEN'T happened to

[JDPriestly]

13. Obama and Bush should have requested much stronger legislation requiring banks

to take the losses from the part of their debts that were due to downright gambling -- the various forms of derivatives -- and bailed out many of the homeowners.

The course that was taken -- and while Bush and Henry Paulson set much of that course, Obama was a part of the crew, very much on board in the final deliberations before the elections in 2008 -- has resulted in greater uncertainty than would have occurred had losses been taken more widely right then and there in 2008 or in early 2009.

This dribble, dribble, dribble of bankruptcies and foreclosures is keeping the corpse of our economy alive. But the life, the energy, the blood flow is not really there.

As soon as the economy creates a few more jobs, the banks come in with another slice of the foreclosure knife. And then the pundits observe yet another downturn or a crisis in some part of the world.w

This is not working.

And Obama does not seem to comprehend the scope of the problem.