Bill Gates Says “Not To Worry!” On Current Fiscal Crunch

Bill Gates Says “Not To Worry!” On Fareed Zakaria's 'GPS' CNN Interview

Let me summarize what Bill Gates said during an interview with CNN’s last standing informative program, the Fareed Zakaria GPS (Global Public Square) show at 1 PM Sunday. (It’s like a public service we used to have before the FCC went south and CNN became FOX Jr).

Bill Gates says YES, the current market is in a shake-down period where a lot of exaggerated values will have to be recapitulated. Or fairly valued. In those cases where the overvalue was wrongfully motivated then perhaps further actions are indicated.

Bill Gates says NO, the economy is not going into a recession or a depression. The economy is essentially strong, Bill said. It is true that Bush43 keeps saying “the basic economy is sound” but when Bill Gates said that, he explained with 3 or 4 pertinent examples. Bush43 is obviously parroting - thoughtlessly repeating - what his economic advisers have told him. Bush43 cannot or will not recite any comforting examples why he said the "economy is sound." He just delivers the FEEL GOOD message. www.cnn.com...

Bush43 is sorta like a semi-literate male version of Sarah Palin. The Wonder Woman of the North. Not very smart but very loud. She was McCain’s cynical trade-off pandering to the FAR Right Wing of the moribund GOP. For example the Eagle Forum founder Phyllis Schfafly - who successfully LIED to stop the Equal Rights Amendment - and James Dobson - Focus on the Family who I have called the Wanna-be Pope of Colorado.


Foot Note. Fareed Zakaria is an India-born American journalist, author, and television host specializing in international relations. Zakaria was born January 20, 1964 in Mumbai, Maharashtra, India. His father, Rafiq Zakaria, was a politician associated with the Indian National Congress and an Islamic scholar. His mother, Fatima Zakaria, was for a time the editor of the Sunday Times of India.

Zakaria attended Cathedral and John Connon School in Mumbai. Like George W. Bush, Fareed's education included a B.A., at Yale University and his Ph.D., from Harvard University. Unlike Bush43 Zakaria studied while in school, and neither had a Corvette nor was he ever accused of “snorting” the white powder. en.wikipedia.org...

For the BEST interviews on today's TV, see
www.cnn.com...

On Fareed's evaluation of Gov. Sarah Palin, see also
www.mixx.com/videos/2282523/zakaria_slams_palin


[edit on 10/5/2008 by donwhite]