What is Obama's plan to fix the derivatives problem that is threatening our banking institutions?


Share |

Speaking of issues, how will Obama fix the growing problem our banks and financial institutions are having with the derivatives they purchased during boom times that are now nearly worthless or worse? This is one of the reasons the Fed ponied up $200 Billion in low-interest loans - otherwise known as corporate...


Banks in Clinton, CT



Answer (8):

 
emiltrees

Change I can con you into believing. Yes this country is in a mess and it has been before and it will be again. But anyone who thinks Obama has a great plan to fix it is an idiot. A lot of the problem was created by the .com generation. Everyone was spending like no tomorrow and signed into agreements with banks who have their own interest in mind and went in over their heads. And good ol inexperienced Obama has the intelligence to fix this mess and make it all better. But what is more important is that he has convinced a lot of Americans he has the answer. Don't they all when they are running for office? What makes this man any different from your typical politician?

 
theotherguy

Keep raising taxes on the working class until we become slaves to the Gov. just like the nonworking class already is.

 
MRE

The complexity of these complex issues(as you put it...lol), if you really care about issues more than your childish sore loser bitterness from Hillary, will be much better solved by voting against McCain instead of for him to continue all of Bush's failed policies that got us here like he vowed to do.

 
Anthony

MR. Genious what you are saying is so simple . Anyone can understand. He has already been talking about changing he rules. Do you know Clinton's or MC Cains plan?

 
Alzeimer McBush

I, john Mcbush will just borrow from China..we are at 12 trillion now so lets double it and enjoy our tax cuts..I will be dead soo so let another generation worry about it...by then China will own us anyways

 
whats your excuse

no matter who gets in we (the working middle class) wil have to pay for the BS that we owe to china and so will my kids.

 
Cracker Jack

More Welfare and foodstamps.

 
Dan F

start another war, that's always good for the economy.