Sid9 wrote:
Let the banks fail?

You have a simplistic notion of our economy.

It appears that many people do. Our economy cannot function
without banks capable of loaning money. We don't need a
repeat of the 1930 bank failures and the utter chaos and
misery that ensued.



In essence you are saying that bush,jr, McCain,
Obama, Paulson, and almost half of congress,
except 12 that were offended by Pelosi's speech
are fools.

Study some economics before you post gibberish.

"Canuck57" wrote in
message ...

Think, the current fiscal policy will assure
more people will not be able to afford boats

Anyone notice that once the bill failed the cost
of a barrel of oil went down? When it looked
like it was going to pass it went up?

The investment community knows you can't print
your way out of debt, you just devalue the US
dollar even more. And devaluation means you pay
more for stuff.

Let the banks fail, then pick up the pieces.
Bailing out banks to a point where they continue
business is stupid as it does not solve
anything. Trouble is, will the in debt public
like 16% interest rates? Which is about where
it aught to be to attract investors back to fund
the system.

As the liquidity issue is cause by investors
running for an inverted interest yield that is a
BAD investment idea.

"A Real Boater" wrote in
message
. ..



Polls: Obama leads in critical trio of states

By LIZ SIDOTI, Associated Press Writer 34
minutes ago

Recently trailing or tied, Democrat Barack
Obama now leads Republican John McCain in a
trio of the most critical, vote-rich states
five weeks before the election, according to
presidential poll results released Wednesday.

The Democrat's support jumped to 50 percent or
above in Ohio, Florida and Pennsylvania in
Quinnipiac University surveys taken during the
weekend — after the opening presidential debate
and during Monday's dramatic stock market
plunge as the House rejected a $700 billion
financial bailout plan.

Combined, these states offer 68 of the 270
electoral votes needed for victory on Election
Day, Nov. 4.

Pollsters attributed Obama's improved standing
to the public's general approval of his debate
performance, antipathy toward GOP vice
presidential nominee Sarah Palin and heightened
confidence in the Illinois senator's ability to
handle the economic crisis.

The fresh polling is the latest troublesome
turn for McCain, the Arizona senator who is
trying to regain control of the campaign
conversation amid increasingly difficult
circumstances for Republicans. It comes on the
eve of a debate between Palin and her
Democratic counterpart, Joe Biden, and as the
financial crisis shapes the presidential race
in unpredictable ways.

For now and probably for the next month, the
race will be entirely about who can best handle
an economy in peril.

The war in Iraq, national security and foreign
policy issues — McCain's strengths — have
largely fallen by the wayside as each campaign
tries to chart a course to the presidency in
extraordinarily choppy economic waters.

The new surveys show Obama leading McCain in
Florida 51 percent to 43 percent, in Ohio 50
percent to 42 percent and in Pennsylvania 54
percent to 39 percent.

Since 1960, no president has been elected
without winning two of those three states.

The results are notable because they show Obama
in a strong position in the pair of states that
put Bush in the White House in 2000 and kept
him there four years later — Florida and Ohio,
with 27 and 20 electoral votes, respectively.

Obama has been struggling to break into a
comfortable lead in both states; for weeks he
had been mostly about even with McCain in Ohio
while lagging for months in Florida, even after
being the only candidate on the air and
spending some $8 million on advertising.

Pennsylvania, with 21 electoral votes, is a
different story.

Obama is trying to hang onto the state Democrat
John Kerry won four years ago, though McCain
has mounted a stiff challenge as he seeks to
benefit from his rival's trouble with
working-class voters who question his liberal
voting record and, perhaps, his race.

The telephone polls, which were taken before
and after last week's McCain-Obama debate, have
margins of error ranging from plus or minus 2.8
percentage points to plus or minus 3.4 points.

___

On the Net:

Quinnipiac Poll:
http://www.quinnipiac.edu/polling.xml