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posted to rec.boats
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external usenet poster
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
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Just couldn't resist - about being brain dead...
"HK" wrote in message
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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
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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-...&navi=ECONOMIE
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.
Oh well...that was about the extent of my interest in your choice of
candidate...one guess.
Another lie.
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