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

As Mr. Roubini observes, the calamities of 2008 were not caused by a
bunch of bad subprime mortgages or by a simple housing bubble but by
deeper, more tectonic pressures that had been building for years. Not
only had the government failed to keep tabs on exotic new financial
products like derivatives, but the sweeping away of banking
regulations established in the wake of the Great Depression (along
with Wall Street’s ability to evade remaining rules) had resulted in
the development of “a vast shadow banking system” outside regulatory
oversight. Meanwhile the bonus system adopted by many financial firms
spurred the pursuit of short-term profits and excessive risk taking,
even as the low interest, easy money policies of the Fed under Alan
Greenspan encouraged the growth of leverage and debt.

-------------
so the right whiners complain about me complaining about wall
street...preferring the more simplistic view that 100,000,000 hard
working americans are lazy...

but roubini accurately lays the blame on the god that is worshipped by
the right...wall street. he also says the current massive spending
and debt was necessary to save our economic system:

“The response to the financial crisis had all the grace and beauty of
a battlefield retreat,” Mr. Roubini observes, “but in the end it
seemed to work: capitalism did not collapse; the fate of particularly
hard-hit Iceland was not the fate of the world at large.”
------------
he also says george bush's radical tax cuts for the rich amplified the
problem and created much of our deficits...

so go ahead, right whiners. continue your delusional flights from
reality. those of us with common sense will continue to treat you
like the whining babies you are...

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. Could be some buying opportunities coming up. Had one
low ball order trigger, got it for a steal.

Thank Obama and the debt monger democrats will ya. For without liberal
ponzi currency and bank/government money management, this opportunity
would not present itself again...

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****.

Saw the US numbers, not impressed. Another round of Obama bull****.

When the US decays to Greece because of love of statism will you be a
protestor? LMAO.

--
Are we being heard or are we a herd?

On Fri, 07 May 2010 18:59:05 -0600, Canuck57
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


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

he, not you, is right

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

he, not you, is right


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.


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

"Canuck57" wrote in message
...
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. Could be some buying opportunities coming up. Had one low ball
order trigger, got it for a steal.

Thank Obama and the debt monger democrats will ya. For without liberal
ponzi currency and bank/government money management, this opportunity
would not present itself again...

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****.

Saw the US numbers, not impressed. Another round of Obama bull****.

When the US decays to Greece because of love of statism will you be a
protestor? LMAO.

--
Are we being heard or are we a herd?


You're an idiot.

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.

--
Are we being heard or are we a herd?

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

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

On Sat, 08 May 2010 11:51:20 -0400, moose
wrote:

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:

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

i love it

roubini predicted the crash based on wall street greed.

the right blames the middle class.

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy...more than the entire debt obama's accumulated so far

the right says NOTHING.

why?

because wall street is rich white bankers

obama's the darkie in the white house.

do we need ANY more proof that the right is racist, but LOVES wall
street greed?

On Sun, 09 May 2010 00:23:54 -0400, wrote:

On Sat, 08 May 2010 12:04:28 -0400, bpuharic wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

really? i bet if your sold your stocks at the end of the day you'd sse
it was real money.

you right wingers...dont even know how the stock market works...

"bpuharic" wrote in message
...
On Sun, 09 May 2010 00:23:54 -0400, wrote:

On Sat, 08 May 2010 12:04:28 -0400, bpuharic wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

really? i bet if your sold your stocks at the end of the day you'd sse
it was real money.

you right wingers...dont even know how the stock market works...


Please tell us how YOU think the market works.