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posted to rec.boats
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First recorded activity by BoatBanter: May 2010
Posts: 37
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economist blames wall street for collapse
On 5/8/2010 9:12 AM, 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.
Clueless idiots like you fail to see the connection.
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.
For without liberal
ponzi currency and bank/government money management, this opportunity
would not present itself again...
roubini points out bush's tax cuts for the rich, exacerbated the
deficit. bush enabled one of the largest entitlements in recent
history. but obama saved our economic system
he, not you, is right.
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.
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 what?
This is doubly bad, no wonder the market turned it must have leaked over
lunch. At this time of year unemplyment historically goes down.
This months news was truly grim and Obama is a turd polishing.
When the US decays to Greece because of love of statism will you be a
protestor? LMAO.
again you keep blaming main street
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. Democracy is failing because of too
many stupid selfish people like yourself. Too stupid to realize you are
destroying the USA.
Right on
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