On Sat, 08 May 2010 07:12:31 -0600, Canuck57
wrote:
On 07/05/2010 7:04 PM, bpuharic wrote:
On Fri, 07 May 2010 18:59:05 -0600,
wrote:
On 07/05/2010 6:46 PM, bpuharic wrote:
right wingers are fond of blaming hard working americans for the
recent economic collapse that happened under bush. but nouriel
roubini, one of the few economists to accurately predict the collapse,
blames wall street:
http://www.nytimes.com/2010/05/07/bo...html?ref=books
Wrong oh, clasic market fall out, no buyers but lots of sellers. The
herd paniced.
the herd was the few on wall street, with their leveraged billions,
their control over the banking system...as roubini rightly points out
you blame main street. he blames wall street. he, not you, is right
Yep. Because I understand how it works. Ubber-ultra rich use private
equity, not wall street. Wall street is you, I the 401K and others.
Some big firms in there too but they get their money from main street.
nope. more distortions. private equity can only do so much. and wall
street isn't 'me'. if you think it's you, it's more proof of how
disconnected you are from reality.
and 'main street' doesnt provide money to wall street. we have no
voting rights, no input at all.
Clueless idiots like you fail to see the connection.
seems the rich sycophants like canuck think the average working person
has more influence on wall street than we do on the govt.
aint it wonderful to live in la la land?
Thank Obama and the debt monger democrats will ya.
again, roubini blames wall street and points out obama's spending
prevented teh US from becoming like iceland
Funny, Iceland tried the same trick too, and it didn't work out any
better. While Obama will try to polish the turd with lots of bll****,
bug mount Obama spending and money for nothing types are the issue.
seems like our reactionary friend canuck doesn't understand what
roubinin was saying about defaults and economic collapse
no surprise. being right wing he weeps because the middle class
doesn't have 25% unemployment.
roubini says deficit spending saved both the middle class and
capitalism
the right mourns because of the former.
This economic crash is about debt, debt worship, debt welsher and
liberialed ponzi banking. Live with it, understand it and capitalize on
it. And Obama isn't going to bail you out for thinking like a dumb****.
debt created by wall street not, as you believe, by main street
Wall Streed does nto create debt you fool.
ever hear of collateralized DEBT obligations??
oh. you're right wing so you're clueless. everyone in the universe
knows about CDO's except you.
Saw the US numbers, not impressed. Another round of Obama bull****.
you mean because the economy grew AND jobs are being created? yes, i
know. any time a middle class wage earner gets a job you weep. that is
money that could have gone to a rich guy.
$40/hr replaced with $10/hr and no benefits, yep, Obama job creation.
But wait, that was 9.7% to 9.9%, is that Obama bull**** or wha
let's see...the middle class hasnt had a raise in 10 years. and he
thinks it's obama's fault
obama's been president for 1 1/2 years. but canuck wants to blame him
for stuff that happened starting 10 years ago
yep. the right hates obama because he's black. that's why there's such
irrational hatred of the guy.
and as i PREDICTED, unemployment would go UP. why?
because as jobs are created, more disheartened people who had
previously stopped looking for work would re-enter the economy
that's common knowledge. except among the right wing. it's a standard
feature in an economy coming OUT of a depression. known to
everyone...except the right wing.
This is doubly bad, no wonder the market turned it must have leaked over
lunch. At this time of year unemplyment historically goes down.
uh no. this is a DEPRESSION. now, to the right wing, since the rich
are doing fine, they dont think it's a depression...but it is. and
every economist in the world knows why unemployment is UP even though
more jobs are being created
but the right wing wants unemployment at 25%. so they hate the idea of
job growth
and roubini is right. you are wrong
You bet, blame the idiots who voted for democrat congress in 2006
onwards, and those who voted Obama.
obama wasn't presdient in 2006. guess you kinda forgot that.
and roubini blamed unregulated capitalism...which the 2006 congress
had NO influence on at all.
he's right. you're wrong.
Democracy is failing because of too
many stupid selfish people like yourself. Too stupid to realize you are
destroying the USA.
too late. the right wing has the US in teh toilet and you're standing
with your hand on the handle, ready to flush