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Default economist blames wall street for collapse

On Sun, 09 May 2010 15:19:08 -0600, Canuck57
wrote:

On 09/05/2010 10:38 AM, bpuharic wrote:

really? you mean 100M americans DIDNT get screwed by the market in the
last 3 years?


Oh they did, but they screwed themselves.\\


here we go. blame the middle class. it has NOTHING to do with wall
street. NOTHING to do with CDO's....nothing to do with billion dollar
paydays on wall street...NOTHING to do with the fact the financial
secdtor accounted for 40% of GDP before the crash...

it was joe six packs who caused the crash

what bull****

Money for nothing and chicks for free and the bills didn't get paid.


money for nothing?

uh, where? where wsa 'money for nothing' EXCEPT ON WALLSTREET??

what did wall street do with SIXTY TWO TRILLION DOLLARS IN
DERIVATIVES??

and how did the middle class wreck the economy?

all you have is bull**** and cliches.

Voted for cheap credit from a demcrater congress and a fast talking
bull****er like Obama. Denialism at it's best. Over extended debt
monkeys and the corrupt killing the system.


bull****..cliches..racist hatred of a darkie president...


I don't see conservative people suffering, hell, we love this turmoil.
Sideline the cash until the hard leasons are learned well.


most of middle america IS conservative. and only the right wing would
deny they are suffering.


You choose. Obama is trying to solve a massive debt problem with more
debt. All the same problems of 2 years ago exist today, but $2.5
trillion more in the hole and counting.


if debt is bad

then how did the US survive ww2 with a BIGGER DEBT than we have today

you are a world class leader in right wing bull****

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Default economist blames wall street for collapse

On Sun, 09 May 2010 17:26:53 -0400, wrote:

On Sun, 09 May 2010 16:30:03 -0400, bpuharic wrote:

The BLS agrees with me but you know how those government people lie.


really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.


I am not stupid enough to think 2.5% is zero.


you're stupid enough to think it's 2500%



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Default economist blames wall street for collapse

On 09/05/2010 1:50 PM, wrote:
On Sun, 09 May 2010 14:46:35 -0400, wrote:

On Sun, 09 May 2010 13:28:59 -0400,
wrote:

On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.


really? got any proof?

or is the only proof you need listening to limballs?



The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?

The BLS agrees with me but you know how those government people lie.

http://www.bls.gov/news.release/cpi.nr0.htm


They even provide a time killing calculator using governemtn CPI numbers.

http://data.bls.gov/cgi-bin/cpicalc.pl

Plug in 1960's or 1970's prices you or you parents paid for things.
Maybe even grab a 1960's income tax and run taxes and utility costs.

A real eye opener. My home has outpaced inflation 3:1 since it was
built. And that was a today firesale price, could be 4:1.

In 1980 you could have bought a leather loaded LTD V8 auto for less than
$9,000, today the inflation calculator says $23,770.38. (Remember I live
in Canada).

I really got a kick out of a 1976 utility bill with $1.05 in taxes for
water and sewer, today it is closer to $40++ where I live. Should be
$4.02 by the calculator.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.
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Default economist blames wall street for collapse

On Sun, 9 May 2010 15:27:41 -0700, "nom=de=plume"
wrote:

"Canuck57" wrote in message
...
On 09/05/2010 11:40 AM, wrote:
On Sun, 9 May 2010 10:05:08 -0700,
wrote:

--
There is a sucker born every minute, liberals and our politicians are
counting on it.



Come on. You don't have a "broker" since you're clearly poor as dirt.


actually he DOES have a broker....

a pawn broker...

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