bpuharic wrote:
effect the rich right wingers in the GOP had: -35%

that's the conservative thing.
Oh, and if you are still down 35%, fire your investment manager. Me, I am
up 25%. Mind you neither myself nor my accountant are into close your
eyes to the obvious liberal dimwitt mismangement of debt and currency.

Yes, I took a dip just like everyone else, but it was a lifetime
opportunity that has been handed to us by the dimwitt congress. You can
make serious money in turbulant times.

I guess I should thank democratic congress for screwing up so bad.
Starting with Clintons liberalization of bank lending and compounded by
democratic congress, being the worst debtors in mankinds history. See,
you liberal dimwitts ignore that Bush/obama's budgets all came from a debt
willing congress.
Let's give credit to Carter who started it all with bank loan liberalization
to minorities.

which had zip to do with the crisis

You obviously know little of banking. The whole idea was to avoid
interest rates rising, allowing for government to have cheap debt and
for minorities to get below value loans.

Don't worry, this conservative libertarian picked up on the economic
problems in 2007, I made money on the liberal debtor congress as they
blatently ignored the ABCP and interterest rate inversion. When real
savings rates net of taxes fall below inflation rates, a
recession/depression is a guarantee if it continues. Many of us, eyes
wide open did quite well with this opportunity.

Think, if congress had any integrity and rationality in it, they could
have jacked interest rates and tightened crredt to avoid the economic
meltdown. But being debtor junkies, democrate congress ignored it.