Alan Greenspan says Recession will be worst since 1930's

That was different times Taskr we have people scamming all the damn investors for billions of dollars. How does one trust the money to make the economy grow? Think of it as being a parent your child lies to you and you know it takes time to once again trust them. This is the same circumstances. Will you put your money in the stocks now? How about 6 months from now? Obama is not getting us there Thank all the crooks, Liars and thieves from government to billionaires. What is going to get us there is the mistrust that americans have for other americans. It seems many try to blame Obama a single man of all the woes going on and it hasn't even been thirty days yet. I respect how you feel about the bailout but I myself believe that Obama was the one with the balls to try and stop the bleeding and start patching things up. You have to stop the bleeding. If the stimulous stops the bleeding without any new jobs created then that is millions of jobs saved.

ARM's were a great idea but what happened was greedy businesses and greedy people took out to much on there homes. Hence the big ATM machine. Putting the values of peoples homes far higher than their actual worth. The one thing alot of american have lost along the line are honestly and integrity. You had first time homebuyers buying homes, not that they all had bad credit some just didn't have any. For some reason we all make the assumption that people wanted to fail. The truth of the matter is many wanted to keep the dream home they had and worked really hard. They were told that after a couple of years you can refi into a nice fixed rate. The whole time they were creating the bubble themselves, not the consumer but the crooked mortgage companies with their appraisers. Some people were just plain ignorant moving into a very expensive home they knew they could never afford, but that is not the majority of them. Have you ever asked why there are so many millionaires and billionaires? Scams Scams Scams!