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And then came the crisis

TBR-Washington, D.C. Leighton Bradford, Editor-in-Chief
Irregardless of the medium of operation or the manner by which its observed; Americans are within their deepest despair! The economic situation is so difficult for the multitude of our country's citizens, it must be compared to the depression of the 1930's. The current economic crisis is just as insidious as any terror plot. The lack of jobs and opportunity, become a direct attack on our national security. It seems helping veterans is not En vogue as well?

These returning heroes are not receiving the respect they ultimately deserve. Why is homelessness, un-employment and suicide so rampant within this segment of our society? The epic struggles of President Obama's administration; mirrors President Franklin D. Roosevelt's battle, with the Great Depression and WWII! Where is the paper? A common questioned asked by many. The criticism of the President from Dr. Cornel West and Tavis Smiley intrigues me? I mean we are a democracy, your take on things are allowed. Man! Well educated men not offering any solutions, interesting. If they were President, what would they do?


President Lincoln had the intestinal fortitude and will, keeping our nation together. President Obama has the guts to defy the conventional wisdom of critics; moreover, an attempt to create the ground work and the opportunity to chase the American dream. How similar are the leadership styles between FDR and President Obama? A war being wage on several fronts, along with economic stagnation, coincide with FDR's and the countries systemic problems, of the ensuing period. If Bernanke and Geithner can't inject capital relief, what is the use of their services? President Obama needs a new deal of our era. The stock market is fundamentally a house of wares or concentrated mercantilism. It should not have such an influence on our economy. Maybe legislation should be passed requiring diversity within the various financial markets. If one takes a hit; the blow would be diffused, by the other entities. A sort of Sherman Act of Financial Markets. Warren Buffet told talk show host Charlie Rose housing upstart's or construction, maybe the central catalyst, within a recovering economy?

Newt Gingrich opposed almost everything Clinton tried to accomplish. President William Jefferson Clinton still reigned in the deficit, and created a surplus! President Clinton had a somewhat willing Gingrich, and bi-partisan support, achieving this goal. How do we get there economically? Small business, trade reform, managing the relationship with the EU and the middle class, will save our economy. The average working American needs help! Interest rates will spike, bringing the pain to an already troubled housing market. The ever widening gap between the haves and have nots will expand.

The subtle extinction of the middle class and the affluent working class, is tantamount to a present day feudalism! Conservatives are urging their corporate captains, to take measures that will make the president look bad. The bailout worked! President Obama's administration saved capitalism! Lenin and Marx haunt the corridors of the Federal Reserve, enticing the proletariat and hemming up the bourgeoisie. History will place President Obama among the elite presidents. Put him on Mt. Rushmore! What else is there to do? (TBR)

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The White House

Office of the Press Secretary

For Immediate Release August 10, 2011 Readout of the President's Meeting with Chairman Bernanke

The President and Chairman Bernanke met today in the Oval Office to discuss the economy and global recovery. They were joined by Secretary Geithner, Chief of Staff Daley and NEC Director Sperling. The President and the Chairman discussed the outlook for the recovery and for jobs as well as fiscal issues, including the need to tackle long-term deficit reduction. They also discussed the situation in Europe. This was the third time the President met with the Chairman this year.
[Intellectual property of White House--Press release] TBR