'Reagan-esque:' Obama Wins Over Skeptics with Optimism, Leadership on Banks

Watch GNW crash to about a dime.

reagan esque lol what a joke more like stalin esque this guy is a disaster

spare us the Obama Zombie rhetoric

Poor guy cant catch a break... campidiot.com

Bernanke stated that this Recession should be over in about 6 months,he forgot to state that after the Recession would be the Depression.

it was a very nice speech. to bad he has a congress that does not feel the same. that is the problem. congress misleads

Stalin esque is right! someday instead of people referring to Stalin they will say Obamaesque!

If they have really failed, Yes. I have no problem with letting them linger for a while and even supporting them, if consideration is given back to the taxpayers that is commesurate with the risk. I am not in favor of any carte blanche proposal to enrich those who took risks that were beyond reasonable. They *should* suffer some consequences... ;'{P

Won who over?? I heard very little substance other than pre-campaigning for his next election. The problem is JOBS and CONSUMER CONFIDENCE - expanding the size of government and almost demanding every citizen to attend two years of college is not the answer. Good luck reforming healthcare - or expecting a cure for diseases (can you tell me the last disease that was CURED?? Polio - if the president didn't have the disease we'd still see it??? The stakeholders for the healthcare sector is TO TO large... way to much money flowing in that stream to expect to dam it.

A pork stimulus plan that spends more then we spent in Iraq, Afganistian, and the war on terror since 9/11. A new spending bill that has 9000 earmarks, when the president says there are none. EAsy to be Reaganese when you lie

Credit comes from savings, not from the printing press. Printing money does not create wealth. Giving (printing) money to banks will impoverish the population. "Unless they fix the financial problem, there will be no recovery". I agree, however the fix is not borrowing more money, in the hope to ease credit. We need savings in the first place. With genuine savings, banks can lend money. The current crisis we are living is because we have depleted the genuine savings. Over consumption and over borrowing is the cause of this credit crisis. Borrowing more money, or printing more money will lead to a financial disaster worse than the Great Depression of the 1930s.

Yes, last nights Democratic National Convention II was great. However, Reagan took over an economy that HAD THE POTENTIAL for a fairly quick turnaround. This economy does not.

Dow down 160. I guess not everybody was one over by the "Reagan-esque" one.

Um, not quite. Reagan said government is not the solution to the problem, government is the problem. Obama seems to think that only government is a solution. Of course he is a socialist, so what is new.

The disaster was leadership over the last 8 years. It's nice to see someone with lead with intellect.

Obarfa

All recessions end eventually. Does Obanga really have any credibility here? He past as a social activist/ liberal/socialist is how we see him. Now he talks like a conservative???? Will the real Obanga please stand up. Does he believe what he said, or said what Bernanke told him he had to say??

Typical BS meaning he's going to keep throwing money at the problem instead of taking the pain. He is clueless on how to fix an unfixable problem. He want to reinflate the bubble to fix the problem.

Are Obama and Bernanke pursuing the right course in dealing with the banking crisis? 1.) The Constitution prohibits any action. How likely will the economy bottom this year, as Bernanke suggested is possible? 2.) As low as THEY want it to. They fuel the media. Will the stimulus package work? 3.) It will not work. It has never worked. This is not the first time they have tried it. It will cause massive inflation and another GIGANTIC bubble. By the way its illegal why do you confront that YAHOO! Should big banks be put into FDIC receivership, i.e. nationalized? 4.) This would also be illegal and so is FDIC. Anyway of arguing around these facts is an attempt to believe your right instead of swallowing your pride to understand the issue and its complications and what got us in this situation.

Yeah, because the last guy did such a great job and the Republican ideas have worked so well in the past. Did you forget who got us into this mess?! Move over fellas, the adults are in charge. Go do your whining somewhere else.