JohnR22926 (Saturday 22nd of November 2008 05:36:04 AM)

katsumo: I'm not trying to downplay how seriously some Dems have damaged the economy over the years by putting "social justice" before economic health/expansion. But I'll stand behind "tinkering"; a bevy of ambitious pols, who don't fully understand economics, implementing endless legislation to reward their supporters and/or to achieve some imagined "good". 90% of the time these pols' actions have negative unanticipated consequences; they really don't know what they're doing.

katsumotoallgren (Saturday 22nd of November 2008 02:21:18 AM)

tinkering? They chastise the regulator for doing his job, Obama gets finacial advice from franklin raines the head of fanny mae who paid himself 90 million over 6 years by cooking the books to recieve 1.25 mill in bonus's when his salary was about 500,000 while fanny was sinking like a stone. "tinkering"?

JohnR22926 (Friday 21st of November 2008 05:20:34 AM)

enmax: Your post shows your anit-american bias. Anyone claiming that the US has "driven down other nations' fortunes for 63 years" is a fool. The US has championed open markets and free trade that has raised the fortunes of many developing nations tenfold. Look at most of Asia and much of the rest of the world. Huge transfers of wealth and creation of new wealth. Your bias is based on historical european jealousy and envy. Nothing more. And re debts; lets talk abaout the two World Wars.

JohnR22926 (Friday 21st of November 2008 05:17:07 AM)

jp12: Of course Reps share in the blame. They pushed deregulation too far. That's the problem with ideology...it becomes an end in itself. Lack of regulation enabled the creation of complex devices (of which derivatives are only one) that even the "experts" didn't fully understand. For free markets to work, average people must be able to accurately assess risk/reward. Lose that, and the system crashes. But...Dem tinkering to achieve social solutions played a huge role too.

wojtek0000 (Thursday 20th of November 2008 09:04:07 PM)

swankiness is not sexy. american women use it to enhance their sex appeal. it is quite pathetic.

americafirst101 (Thursday 20th of November 2008 04:33:21 PM)

we will be chopped down..... forced to live in huts,put piss stained sheets on our heads, and bow down to a fucking retarded god called allah.... fact is no matter how far the US falls, It will Never be lower than islam and its shit for brain rulers.

jp216purkis (Thursday 20th of November 2008 02:55:58 PM)

Deregulation created a boom which created a housing bubble which created a bust which was more damaging because of derivatives. See? I can oversimplify also.

jp216purkis (Thursday 20th of November 2008 02:46:32 PM)

Yeah lack of the bush administrations oversight played absolutely no role whatsoever.Ever heard of derivatives. Well Phil Gramm the man who managed to lead the movement against regulating the financial markets against these financial weapons of mass destruction helped them spread their toxic influence all over the markets.The reason why people are afraid to loan is not because these mortgages are being defaulted on. Its because derivatives make it impossible to tell where the toxic assets are.

dreamer216 (Thursday 20th of November 2008 12:33:43 AM)

The U.S. should give him his walking papers...

Drowbot (Monday 10th of November 2008 03:55:03 PM)

lmao a converted jew...that's legit.