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2008-10-20 Home Front Economy

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Posted by g(r)omgoru 2008-10-20 11:03|| || Front Page|| [2 views ] Top

#1 Moreover, McCain's economic shallowness, now compounded by his running mate's,

Call me back when either of the Democratic candidates gets job outside of politics; it'll probably be a first-time-in-their-life for them.

(Oh, I'm sure they could get a job on the board of some venture capital fund or some other such politically connected form of de-facto bribery. I mean a real one where they'll have to fish, cut bait, risk getting their hand hurt by something other than carpal tunnel, weld...)

Posted by Tranquil Mechanical Yeti 2008-10-20 12:46|| 2008-10-20 12:46|| Front Page Top

#2 Oh, also call me back when Freddie and Fannie May stop becoming de-facto government agencies, that don't have to live under the same laws everyone else does because their goals are Politically Correct.

Posted by Tranquil Mechanical Yeti 2008-10-20 12:47|| 2008-10-20 12:47|| Front Page Top

#3 --- The 2008 crash is a result of a true collective Mania. Except for very few, the USA suffers from economic shallowness & all are now paying the price.
--- The "deep thinkers" during the Mania were the Pig Men and financial pirates who made out like bandits, always with their exit strategy in mind. Those who bailed out of the markets with large quantities of cash equivalents can now pick & choose from the available bargains.
--- The political class continues to be clueless about the scope of the current disaster. For example, all still chatter about keeping housing prices higher than what potential buyers can truly afford. Nothing in 0's skill set or in the skills of his supporters suggests an 0 presidency will result in anything other than bumbling, missed opportunities, and misallocation of resources. This extensive catastrophe will continue to unfold after Inauguration Day, and thus the GOP will have another chance within 4 years, but it will have to come up with candidates more promising than those in the headlines today. The electorate also needs a lot of economic education.

Posted by Anguper Hupomosing9418 2008-10-20 14:26|| 2008-10-20 14:26|| Front Page Top

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