lol. I don’t think I could live as well as I do on my “poverty line” (in New York no less) salary if we were in the middle of a depression.
Hairy Polemic - 07:03pm on 03/31/2008
The Great Depression
Are you sure they’re not referring to Democrats who have to choose between Barack and Hillary?
Proof - 07:03pm on 03/31/2008
Reality is what you think it is: a phenomena the democrats have understood for generations.
Or, on a less complex plane… “The Chicken-Little Story: They Sky is falling, the sky is falling!”
pparets - 07:03pm on 03/31/2008
We will not see a depression.
Former CEO of Goldman Sachs Hank Paulson our Treasury Secretary(2005 made $37 mil with GS now makes $185k) won’t allow it to happen.
With his bud Comrade Ben they will Nationalize the banks, wipe out shareholders, pass the debt onto the taxpayers shoulders, and there will be nothing we will be able to do about it.
We are not in a recession; there hasn’t even been one month of negative growth. I know the lefties are really hoping to have bad economic news for this country, but they can’t seem to make it happen, no matter how much they lie, tell half-truths and make outright fabrications.
robert108 - 07:04am on 04/01/2008
Right now, the stock market is “skyrocketing"(up about 250 points), and oil is “plummeting"(under $100/barrel).
Good news for America is bad news for the lefties.
robert108 - 08:04am on 04/01/2008
r108
Right now, the stock market is “skyrocketing”
Stock market is a recession indicator?
Is the treasury’s announcement of giving the federal reserve “sweeping new powers” good for America?
Bailing out banks and passing the debt to taxpayers.......good for America?
Mark D - 08:04am on 04/01/2008
Is the treasury’s announcement of giving the federal reserve “sweeping new powers” good for America?
Bailing out banks and passing the debt to taxpayers.......good for America?
Since you obviously have both memory and comprehension problems, Mark, I’ll repeat what I have been saying all along: The govt doesn’t belong in private enterprise; all it can do is to screw things up.
Conservative values do not call for govt interference in the marketplace. Especially since this “subprime crisis” originated in govt interference in the first place: the financial “affirmative action” begun under Carter and strengthened under Clinton.
You know all this, but seem to need to ask idiotic questions anyway. Shame on you.
robert108 - 08:04am on 04/01/2008
Actually, the Federal Reserve system (12 U.S.C. Ch 3) was established for the specific purpose of providing the US banking system with a “lender of last resort”, to “furnish an elastic currency”, as well as “to afford a means of rediscounting commercial paper”, and “to establish a more effective supervision of banking in the United States.”
Interestingly, according to Wikipedia, when the vote was taken in December 1913 on the proposed Federal Reserve Act,
The record shows that there were no Democrats voting “nay” in the Senate and only two in the House.
lol. I don’t think I could live as well as I do on my “poverty line” (in New York no less) salary if we were in the middle of a depression.
Are you sure they’re not referring to Democrats who have to choose between Barack and Hillary?
Reality is what you think it is: a phenomena the democrats have understood for generations.
Or, on a less complex plane… “The Chicken-Little Story: They Sky is falling, the sky is falling!”
We will not see a depression.
Former CEO of Goldman Sachs Hank Paulson our Treasury Secretary(2005 made $37 mil with GS now makes $185k) won’t allow it to happen.
Nationalizing Corporate America
With his bud Comrade Ben they will Nationalize the banks, wipe out shareholders, pass the debt onto the taxpayers shoulders, and there will be nothing we will be able to do about it.
The Fed and the Henhouse
Ahh crony capitalism........gotta love it
We are not in a recession. Plenty of jobs.
The Job Market
We are not in a recession; there hasn’t even been one month of negative growth. I know the lefties are really hoping to have bad economic news for this country, but they can’t seem to make it happen, no matter how much they lie, tell half-truths and make outright fabrications.
Right now, the stock market is “skyrocketing"(up about 250 points), and oil is “plummeting"(under $100/barrel).
Good news for America is bad news for the lefties.
r108
Stock market is a recession indicator?
Is the treasury’s announcement of giving the federal reserve “sweeping new powers” good for America?
Bailing out banks and passing the debt to taxpayers.......good for America?
Since you obviously have both memory and comprehension problems, Mark, I’ll repeat what I have been saying all along: The govt doesn’t belong in private enterprise; all it can do is to screw things up.
Conservative values do not call for govt interference in the marketplace. Especially since this “subprime crisis” originated in govt interference in the first place: the financial “affirmative action” begun under Carter and strengthened under Clinton.
You know all this, but seem to need to ask idiotic questions anyway. Shame on you.
Actually, the Federal Reserve system (12 U.S.C. Ch 3) was established for the specific purpose of providing the US banking system with a “lender of last resort”, to “furnish an elastic currency”, as well as “to afford a means of rediscounting commercial paper”, and “to establish a more effective supervision of banking in the United States.”
Interestingly, according to Wikipedia, when the vote was taken in December 1913 on the proposed Federal Reserve Act,