Calif Bill wrote:
"HK" wrote in message
...
Calif Bill wrote:
"John" wrote in message
...
"John H." wrote in message
...


Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not to
mention the bigger picture-aren't going to hear it from former Fed chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War," Greenspan
said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday and
was
taken over by JPMorgan Chase for a fraction of its value of only a week
ago.

Read more

http://www.france24.com/en/20080317-...&navi=ECONOMIE

Our printing presses for money are working overtime and there is nothing
to
back up our dollar. We are going to see the closest thing to a
depression
since the 30's. Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. There is no reckoning. No accountability.
Pity.



Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who
passes ALL spending bills. And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill. Plus
they have "Base Line Budgeting" with a built in 13% spending increase
yearly. And it is both sides of the aisle that have been munching at the
feed trough. Been a Dem controlled Congress for the last year. Spending
decreased? A pox on both parties. How the hell we can be electing
anybody from Congress as POTUS is ludicrous.

Gee, who was your choice for POTUS, Bill?

None of the three there now.




Oh... I'm guessing...Fred Thompson.

On Mon, 17 Mar 2008 11:09:21 -0800, Calif Bill wrote:


Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who
passes ALL spending bills. And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill.
Plus they have "Base Line Budgeting" with a built in 13% spending
increase yearly. And it is both sides of the aisle that have been
munching at the feed trough. Been a Dem controlled Congress for the
last year. Spending decreased? A pox on both parties. How the hell we
can be electing anybody from Congress as POTUS is ludicrous.

It isn't just Congress, it's us. We have a Governor here in NJ, who is
trying to fix our budget mess. Everybody is squawking. They all want
the other guy's pork to be cut, not theirs. We are all feeding at the
trough.

"John" wrote in message
...

"John H." wrote in message
...


Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not to
mention the bigger picture-aren't going to hear it from former Fed chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War," Greenspan
said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming after
Bear Stearns, the fifth largest US investment house collapsed Friday and
was
taken over by JPMorgan Chase for a fraction of its value of only a week
ago.

Read more

http://www.france24.com/en/20080317-...&navi=ECONOMIE

Our printing presses for money are working overtime and there is nothing
to
back up our dollar. We are going to see the closest thing to a depression
since the 30's. Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. There is no reckoning. No accountability.
Pity.




Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who passes
ALL spending bills. And they went to court years ago to get a ruling that
the money HAS TO BE SPENT if they pass a spending bill. Plus they have
"Base Line Budgeting" with a built in 13% spending increase yearly. And it
is both sides of the aisle that have been munching at the feed trough. Been
a Dem controlled Congress for the last year. Spending decreased? A pox on
both parties. How the hell we can be electing anybody from Congress as
POTUS is ludicrous.

On Mar 17, 3:39*pm, "Calif Bill" wrote:
"hk" wrote in message

. ..





Calif Bill wrote:
"HK" wrote in message
...
Calif Bill wrote:
"John" wrote in message
. ..
"John H." wrote in message
om...

Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not
to
mention the bigger picture-aren't going to hear it from former Fed
chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War,"
Greenspan said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday
and was
taken over by JPMorgan Chase for a fraction of its value of only a
week ago.

Read more

http://www.france24.com/en/20080317-...-wrenching-194....

Our printing presses for money are working overtime and there is
nothing to
back up our dollar. *We are going to see the closest thing to a
depression
since the 30's. *Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. *There is no reckoning. *No accountability.
Pity.

Pity you are clueless. *Maybe you should have paid attention in Civics
class. *The problem with Bush is no veto pen. *But it is Congress who
passes ALL spending bills. *And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill.
Plus they have "Base Line Budgeting" with a built in 13% spending
increase yearly. *And it is both sides of the aisle that have been
munching at the feed trough. *Been a Dem controlled Congress for the
last year. *Spending decreased? *A pox on both parties. *How the hell
we can be electing anybody from Congress as POTUS is ludicrous.

Gee, who was your choice for POTUS, Bill?

None of the three there now.

Oh... I'm guessing...Fred Thompson.

You guess wrong again.- Hide quoted text -

- Show quoted text -

Harry doesn't guess, he just throws inane blather out there. Next
he'll start calling names and issuing petty insults because you don't
agree with him. Just watch!

"HK" wrote in message
...
Calif Bill wrote:
"John" wrote in message
...
"John H." wrote in message
...


Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not to
mention the bigger picture-aren't going to hear it from former Fed chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War," Greenspan
said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday and
was
taken over by JPMorgan Chase for a fraction of its value of only a week
ago.

Read more

http://www.france24.com/en/20080317-...&navi=ECONOMIE

Our printing presses for money are working overtime and there is nothing
to
back up our dollar. We are going to see the closest thing to a
depression
since the 30's. Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. There is no reckoning. No accountability.
Pity.




Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who
passes ALL spending bills. And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill. Plus
they have "Base Line Budgeting" with a built in 13% spending increase
yearly. And it is both sides of the aisle that have been munching at the
feed trough. Been a Dem controlled Congress for the last year. Spending
decreased? A pox on both parties. How the hell we can be electing
anybody from Congress as POTUS is ludicrous.


Gee, who was your choice for POTUS, Bill?

None of the three there now.

Calif Bill wrote:
"hk" wrote in message
. ..
Calif Bill wrote:
"HK" wrote in message
...
Calif Bill wrote:
"John" wrote in message
...
"John H." wrote in message
...


Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not
to
mention the bigger picture-aren't going to hear it from former Fed
chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War,"
Greenspan said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday
and was
taken over by JPMorgan Chase for a fraction of its value of only a
week ago.

Read more

http://www.france24.com/en/20080317-...&navi=ECONOMIE

Our printing presses for money are working overtime and there is
nothing to
back up our dollar. We are going to see the closest thing to a
depression
since the 30's. Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. There is no reckoning. No accountability.
Pity.



Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who
passes ALL spending bills. And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill.
Plus they have "Base Line Budgeting" with a built in 13% spending
increase yearly. And it is both sides of the aisle that have been
munching at the feed trough. Been a Dem controlled Congress for the
last year. Spending decreased? A pox on both parties. How the hell
we can be electing anybody from Congress as POTUS is ludicrous.
Gee, who was your choice for POTUS, Bill?
None of the three there now.

Oh... I'm guessing...Fred Thompson.

You guess wrong again.



Oh well...that was about the extent of my interest in your choice of
candidate...one guess.

"hk" wrote in message
. ..
Calif Bill wrote:
"HK" wrote in message
...
Calif Bill wrote:
"John" wrote in message
...
"John H." wrote in message
...


Oh yes the conservatives do such a better job with the economy and the
national Debt....

Greenspan: Dark Days Ahead for the Global Economy

Those hoping for better news about the state of the U.S. economy-not
to
mention the bigger picture-aren't going to hear it from former Fed
chair
Alan Greenspan anytime soon, judging by his ominous forecast released
Monday.
"The current financial crisis in the US is likely to be judged in
retrospect
as the most wrenching since the end of the Second World War,"
Greenspan said
in a Financial Times commentary.

"It will end eventually when home prices stabilise and with them the
value
of equity in homes supporting troubled mortgage securities," he said,
referring to the meltdown in the US subprime home loan market and
subsequent
massive losses for the banks holding the debt instruments.

"The crisis will leave many casualties," he said, his remarks coming
after
Bear Stearns, the fifth largest US investment house collapsed Friday
and was
taken over by JPMorgan Chase for a fraction of its value of only a
week ago.

Read more

http://www.france24.com/en/20080317-...&navi=ECONOMIE

Our printing presses for money are working overtime and there is
nothing to
back up our dollar. We are going to see the closest thing to a
depression
since the 30's. Inflation will grind us to pulp.

Bush, the progenitor of this abomination will skate free and leave
devastation in his wake. There is no reckoning. No accountability.
Pity.



Pity you are clueless. Maybe you should have paid attention in Civics
class. The problem with Bush is no veto pen. But it is Congress who
passes ALL spending bills. And they went to court years ago to get a
ruling that the money HAS TO BE SPENT if they pass a spending bill.
Plus they have "Base Line Budgeting" with a built in 13% spending
increase yearly. And it is both sides of the aisle that have been
munching at the feed trough. Been a Dem controlled Congress for the
last year. Spending decreased? A pox on both parties. How the hell
we can be electing anybody from Congress as POTUS is ludicrous.

Gee, who was your choice for POTUS, Bill?

None of the three there now.


Oh... I'm guessing...Fred Thompson.

You guess wrong again.

wrote in message
...


It isn't just Congress, it's us. We have a Governor here in NJ, who is
trying to fix our budget mess. Everybody is squawking. They all want
the other guy's pork to be cut, not theirs. We are all feeding at the
trough.

Yup. And people who bought houses with interest only loans thinking they
could "flip" it in a couple of years at a big profit are now blaming Bush
for the mess they are in.

It could have just as easily been Clinton at the helm. People like to blame
everyone else for their own screw-ups.


Eisboch

Eisboch wrote:
wrote in message
...

It isn't just Congress, it's us. We have a Governor here in NJ, who is
trying to fix our budget mess. Everybody is squawking. They all want
the other guy's pork to be cut, not theirs. We are all feeding at the
trough.

Yup. And people who bought houses with interest only loans thinking they
could "flip" it in a couple of years at a big profit are now blaming Bush
for the mess they are in.

It could have just as easily been Clinton at the helm. People like to blame
everyone else for their own screw-ups.


Eisboch



More than a year ago, the financial sector was issuing very serious
warnings about the problems of these sorts of loans, along with the
problems of the sales of subprime mortgage instruments. A more engaged
administration might have expressed enough interest and concern to see
if something needed to be done. Being "cheerleader in chief" isn't
enough when the economy is heading into the crapper.

"hk" wrote in message
...
Eisboch wrote:
wrote in message
...

It isn't just Congress, it's us. We have a Governor here in NJ, who is
trying to fix our budget mess. Everybody is squawking. They all want
the other guy's pork to be cut, not theirs. We are all feeding at the
trough.

Yup. And people who bought houses with interest only loans thinking they
could "flip" it in a couple of years at a big profit are now blaming Bush
for the mess they are in.

It could have just as easily been Clinton at the helm. People like to
blame everyone else for their own screw-ups.


Eisboch

More than a year ago, the financial sector was issuing very serious
warnings about the problems of these sorts of loans, along with the
problems of the sales of subprime mortgage instruments. A more engaged
administration might have expressed enough interest and concern to see if
something needed to be done. Being "cheerleader in chief" isn't enough
when the economy is heading into the crapper.


The POTUS isn't a babysitter for our personal lives and investments. Or at
least he/she shouldn't be. In a free society, adults are responsible to
research risks, weigh the advice of experts and be responsible for their
choices.

If those collective choices lead to a significant risk to the *US* financial
structure as a whole, then the POTUS should act, as Bush did this weekend,
supporting the sale of Bear Stearns.

Eisboch