It's so unfair. It's unheard of for someone to campaign for 21 months and not get a break, but he'll be the first President not to have a honeymoon/ grace period. And he must be so exhausted. All this campaigning must be taking a toll on him, but with the economy tanking he'll have to go to work right away. Bush is having a meeting of world leaders on Nov. 15th to try and do something about the crisis. O will have to be there and dealing with the transition.
It's so wrong. Due to Bush's bungling we're going to have to brace ourselves for bigger and bigger bailouts. First the banks, then the insurance companies and now the auto companies (when don't they have to be bailed out?) The banks made all these bad bets and now we have a bottomless pit of baliouts. There's no end in sight. O is going to walk into an economy going bust and it's all due to those idiots Bush appointed. Paulson is making Brown look like a genuis. Paulson blew it big time. He gets the $700 billion dollars and then doesn't know what to do with it. First it's buy the bad mortages and then it's buy shares in bank stocks. But it's not working. He hasn't imposed any regulations (Again!) on the banks. So they're not making loans. They're keeping the money to do with what they want.
And it looks like we're in for a long and terrible recession. And it's so unfair. It's going to cancel the good O could have done. The future is so uncertain. No one knows when things will get better. Everyone feels insecure about any savings or their job or getting a job. Who's going to hire when money is so tight. People just so anxious. They's not going to buy this Xmas and that in turn will hurt the retailers and they'll have to lay off people. Already unemployment compensation is at an all time high and alot of those benefits are going to expire. What happens then. It's really looking bleak.
Bush really broke us. This ruiniously expensive war that is draining us. It isn't just the debt, it's the loans we have to take out to pay the daily interest on the debt. It's crazy to have the crushing debt we have. Now we have to worry if China will decide to go elsewhere with all its cash. Right now foreign investers are still buying treasury bills, but their confidence is us is crumbling. Then Alan Greenspan is saying things like "Who knew a too low prime rate would be a bad thing. Who knew deregulating banks so most of their assets were in risky derivatives was a bad thing." Who knew the head of the Fed has as much knowledge about the economy as a highschool student. All we can do is to cling to the hope that this continuing chaos won't undo all the change we believe in.