Home › Forums › Financial Markets/Economics › Prudent Bear Economic Thoughts
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November 4, 2008 at 8:55 PM #14375November 6, 2008 at 3:29 PM #300417crParticipant
Good article.
Translation = the real culprit of our failing economy is the Feds loose money supply for over a decade now and neither candidate had any comprehension of that fact.
They therefore have no plan to fix the real problem, and after choosing between two Democrats and their pathetic “fixes” we’re left with the one who simply had more ideas, but we have no idea which Version of Obama will take over.
Interesting.
November 6, 2008 at 3:29 PM #300774crParticipantGood article.
Translation = the real culprit of our failing economy is the Feds loose money supply for over a decade now and neither candidate had any comprehension of that fact.
They therefore have no plan to fix the real problem, and after choosing between two Democrats and their pathetic “fixes” we’re left with the one who simply had more ideas, but we have no idea which Version of Obama will take over.
Interesting.
November 6, 2008 at 3:29 PM #300783crParticipantGood article.
Translation = the real culprit of our failing economy is the Feds loose money supply for over a decade now and neither candidate had any comprehension of that fact.
They therefore have no plan to fix the real problem, and after choosing between two Democrats and their pathetic “fixes” we’re left with the one who simply had more ideas, but we have no idea which Version of Obama will take over.
Interesting.
November 6, 2008 at 3:29 PM #300799crParticipantGood article.
Translation = the real culprit of our failing economy is the Feds loose money supply for over a decade now and neither candidate had any comprehension of that fact.
They therefore have no plan to fix the real problem, and after choosing between two Democrats and their pathetic “fixes” we’re left with the one who simply had more ideas, but we have no idea which Version of Obama will take over.
Interesting.
November 6, 2008 at 3:29 PM #300852crParticipantGood article.
Translation = the real culprit of our failing economy is the Feds loose money supply for over a decade now and neither candidate had any comprehension of that fact.
They therefore have no plan to fix the real problem, and after choosing between two Democrats and their pathetic “fixes” we’re left with the one who simply had more ideas, but we have no idea which Version of Obama will take over.
Interesting.
November 6, 2008 at 3:52 PM #300437ArrayaParticipantLet’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
November 6, 2008 at 3:52 PM #300794ArrayaParticipantLet’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
November 6, 2008 at 3:52 PM #300803ArrayaParticipantLet’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
November 6, 2008 at 3:52 PM #300819ArrayaParticipantLet’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
November 6, 2008 at 3:52 PM #300871ArrayaParticipantLet’s no fool ourselves that the candidates actually come up with these “fixes”. They are both surrounded with engineers of this mess. Heck, we have one of the main criminals with dictatorial power over the US Treasury, Paulson. Contrary to MSM myth, I don’t find financial fraud acceptable.
Obviously the politicians are spokesman for banking interests and they write what ever makeshift policy benefits them. It’s not ideological it’s straight criminal and it’s in our face.
The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. But, if you look more closely at Paulson’s transaction, the taxpayers were taken for a ride–a very expensive ride. They paid $125 billion for bank stock that a private investor could purchase for $62.5 billion. That means half of the public’s money was a straight-out gift to Wall Street, for which taxpayers got nothing in return.
November 6, 2008 at 6:24 PM #300914SD RealtorParticipantCoop I did think it was a well written article. I could not detect any bias either way.
November 6, 2008 at 6:24 PM #300967SD RealtorParticipantCoop I did think it was a well written article. I could not detect any bias either way.
November 6, 2008 at 6:24 PM #300899SD RealtorParticipantCoop I did think it was a well written article. I could not detect any bias either way.
November 6, 2008 at 6:24 PM #300889SD RealtorParticipantCoop I did think it was a well written article. I could not detect any bias either way.
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