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 American president-elect Barack Obama needs to act swiftly to solve the economic crisis, said Brazilian President, Luiz Inácio Lula da Silva speaking before the country's Economic Development Council in Brazilian capital Brasília.
Lula said that Obama "who has won elections with an unprecedented display of political strength in the history of the US, will have to address immediately the US crisis, he must act swiftly to avoid things getting worse."
Nevertheless he hoped "it won't take longer than one year to solve the crisis," because if the crisis lasts longer, "US citizens will start to blame him for their financial woes."
"Now the blame is on the current administration, not in a year's time, but I think Obama is sufficiently intelligent to act quickly and avoid the crisis from spreading further," said the Brazilian president.
However Lula was also quoted saying that the worst of the global financial crisis was over and Brazil now needed to prepare for after the crisis.
Economy minister Guido Mantega also underlined that Obama must act fast if he is to avert "a deep recession," although the "critical phase" of the financial crisis is over, "there's light at the end of the tunnel."
Obama is in a similar situation and with the same challenge as President Franklin Roosevelt in 1933 when he took the country in the midst of the depression that begun in 1929, "but Obama has an advantage: the US economy still is not in a full fledged recession; his challenge is how can he recover the US economy, but fast."
President Lula da Silva also said he hoped a G20 meeting of Finance ministers this week in São Paulo, in southeastern Brazil, would help a little to resolve the global financial crisis.
Finance ministers and central bank chiefs from the world's 20 leading economies will meet in Brazil's largest city from Friday to discuss new regulations for the global financial system.
Brazil wants emerging countries to have a bigger role in the governance of global financial institutions.
Mercopress
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. So the infamous "electoral college system" had to insure that things would go AS PLANNED. And subsequently create a nearly LANDSLIDE WIN electorally. 
There is nothing a president in the States or anywhere can do to "fix" this crisis. And one day many will realize that it was PLANNED. The TRUTH always is revealed in time. It is a universal law. Who actually sees the truth when it's revealed is another story. Most will stay oblivious to the very end.
Ok,, Let's have a lesson here. And I am sorry if SOME will get offended.
And he says to me: “The waters that you saw, where the harlot is sitting, mean peoples and crowds and nations and tongues. 16 And the ten horns that you saw, and the wild beast, these will hate the harlot and will make her devastated and naked, and will eat up her fleshy parts and will completely burn her with fire. 17 For God put [it] into their hearts to carry out his thought, even to carry out [their] one thought by giving their kingdom to the wild beast, until the words of God will have been accomplished.
In the "Word",, "eating up "FLESHY" parts means "TAKING THE MONEY"!
Now THAT"S what's going to ALLEVIATE the now GLOBAL crisis. Nothing more , nothing less.
By the way,, that HARLOT is RELIGION... ALL OF THEM!
I am almost starting to believe that this was the real reason behing the Iraq invasion. Part drainage of the U.S economy and consequent 'polarizing" of the nation . AND to ultimately DESTABILIZE the middle east region.
HELLO !!! Just what is a U.S troop pullout going to do. ?????
Be VERY Careful what you ask for
My son, fear the Lord and the king. With those who are for a change, do not intermeddle. 22 For their disaster will arise so suddenly, that who is aware of the extinction of those who are for a change? Proverbs 24:21,22
Sound familiar?
Just a little "Pile of dung , worthless toilet paper" for the day