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Author: Socrates Posted: 6 months 18 days ago
Author's vote: I think so Rate comment    0   2
Was?

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Author: drfclef Posted: 6 months 20 days ago
Author's vote: I don't think so Rate comment    0   0
It not that it was, it's that it is.

What our government and the FED has done over the past 2 years may have borrowed us some time, but only at the cost of adding fuel to the inevitable.

Simple economic rule; the market always wins in the end.

Someday the bills will be due and we're not going to have the wealth, credit or a strong enough currency to pay the debt and when that time comes all the bureaucracy and regulations the government can muster and all the paper the Federal Reserve's printing presses can turn out won't be enough to bail us all out.

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Author: WheelsOnFire Posted: 6 months 26 days ago
Author's vote: I think so Rate comment    3   0
I have many friends who work in the financial services industry, in some highly placed positions, and others who worked in the Treasury Department (both the Bush and the Obama administrations).

You have no idea how close we really were.

And it's still fragile.

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Author: fishface Posted: 6 months 26 days ago
Author's vote: I think so Rate comment    5   1
Since the world has seen a "recession" one can only presume that it would have been even worse if most countries hadn't stepped in and injected funds. Virtually all western nations did so.

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Author: Islambama Posted: 6 months 29 days ago
Author's vote: I don't think so Rate comment    3   13
Well Obama couldn't come right out and say 'reparations', right?

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Author: brooks18 Posted: 6 months 29 days ago
Author's vote: I don't think so Rate comment    5   14
Not even close.

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Author: ooblygoobly Posted: 6 months 29 days ago
Author's vote: I don't think so Rate comment    5   15
Obama wants more money...


here comes the it's gonna collapse speil again.

Reparations, er, social justice is getting mighty expensive, eh?

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Author: fishface Posted: 6 months 26 days ago
Author's vote: I think so Rate comment    4   1
so what did Bush want then? He did the first TARP.

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