On Mar 17, 3:39*pm, "Calif Bill" wrote:
"hk" wrote in message

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Calif Bill wrote:
"HK" wrote in message
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Calif Bill wrote:
"John" wrote in message
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"John H." wrote in message
om...

Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not
to
mention the bigger picture-aren't going to hear it from former Fed
chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War,"
Greenspan said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday
and was
taken over by JPMorgan Chase for a fraction of its value of only a
week ago.

Read more

http://www.france24.com/en/20080317-...-wrenching-194....

Our printing presses for money are working overtime and there is
nothing to
back up our dollar. *We are going to see the closest thing to a
depression
since the 30's. *Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. *There is no reckoning. *No accountability.
Pity.

Pity you are clueless. *Maybe you should have paid attention in Civics
class. *The problem with Bush is no veto pen. *But it is Congress who
passes ALL spending bills. *And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill.
Plus they have "Base Line Budgeting" with a built in 13% spending
increase yearly. *And it is both sides of the aisle that have been
munching at the feed trough. *Been a Dem controlled Congress for the
last year. *Spending decreased? *A pox on both parties. *How the hell
we can be electing anybody from Congress as POTUS is ludicrous.

Gee, who was your choice for POTUS, Bill?

None of the three there now.

Oh... I'm guessing...Fred Thompson.

You guess wrong again.- Hide quoted text -

- Show quoted text -

Harry doesn't guess, he just throws inane blather out there. Next
he'll start calling names and issuing petty insults because you don't
agree with him. Just watch!