Re: commander in chief | <– Date –> <– Thread –> |
From: Britt2Asa (Britt2Asa![]() |
|
Date: Thu, 5 May 2011 07:33:19 -0700 (PDT) |
Yes,
it is easy to have a home when you buy it with money you don't have and put
nothing into it. They were renters not home owners regardless of what the
mortgage papers said.
Gas prices are due to supply/demand, I don't see any politician affecting
them either way, regardless prices are cheaper now in the USA in real terms then
they were 30 years ago AND vehicles get better mpg so the real affect based on
household incomes of fuel prices is LOWER than ever. Try paying 10.00 a gallon
as I am today and then complain.
Unemployment is low when there is loads of money to borrow and spend thus
creating demand. It was a credit based inflationary boom not based on reality or
any true economic principle. Oh and during this boom the USA sold its self
lock stock and barrel to the Chinese so welcome to the new reality.
You only earned 5% because of the demand for your money. The Government
debt was caused by bailing out all the banks and the criminals who stole the
money. I don't think either party did anything to help here. The Bush
administration filled the Fed with the same banker criminals (and ZERO
regulation oversite) that the current administration has. Nothing has
changed, since Reagan deregulated, the banks have been rolling in it
and Americans have let them as long as they could buy cheap stuff at
Walmart. (The Savings and Loan crisis in the 80's was the exact same
thing)
I realise that not everyone on here is an economics expert but this is
basic stuff. You really should watch the documentary INSIDE JOB and you would
then understand a bit about why things are how they are.
I'm an equal opportunity hater, I hate all politicians equally.
Regards
BR in the
UK
1986 328GTS (LHD 89,940km) Died August 19, 2006 Shrewsbury UK 1980 400i (RHD 74,000 miles) Searching for the right 512TR 1997 Fiat Barchetta 1985 Bertone X1/9 2003 BMW 530d 1991 Alfa Spider S4 LHD 1993 Alfa Spider S4 LHD 2010 BMW 320d In a message dated 05/05/2011 14:38:02 GMT Daylight Time,
Forza355 [at] verizon.net writes:
Yeah, in 2006, when Pelosi & Crew were calling the Bush economy a Disaster |
- Re: commander in chief, (continued)
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