Bush seeks emergency boost for US economy (Roundup)

tonny from belgiumJan 21st, 2008 - 18:14:53

Some people need lessons in basic common sense;SP4,if the economy functions well,it is thanks to Baush;if it crashes,well than it is just a cycle .It is supposed to go up and down every ten years .Only the downhill part is cyclical according to SP4,the credit dor the surging part is for Bush,I'd say strange cycles that function in halves ,but then again logics have always failed in SP4 's ranting .Never mind .
I'd also wish that republicans and other style ignorants take basic lesson in economy .Nu use looking for the origin of this crisis anywhere else than in the financial market .Sub prime loans in the mortgage departments gave the starting shot causing massive losses to all the implicated institutions,which means banks and insurance companies .The error made by Bush was doing too little too late ,which is hardly something surprisisng,remember the comments made by Greenspan about Bush during the briefings he gave in the White House;no understanding and no interest from the president,Greenspan stated he was often dismissed without even be given any attention.This crisis is now worldwide as stock markets tumble everywhere .Are there any serious consequences to it ?No idea ,those that are the first victims are the big shareholders,which excludes me and most other common people .

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SP4: GeeJan 21st, 2008 - 18:15:07

...I think you guys are doing just fine.

I could not have said it better: Iraq has about the same violence as Pakistan and twice the democracy. This is why the libnazi press is gagging stories on it.

The economy, having been at break-neck record levels for years, is finally slowing. It has been so good, the only way to go is down. The dems, desperate for an issue they can come up on the winning side on, are trying to convince us a recession is in full swing.

Poorly made loans do not define a recession, and as soon as they work through these, I think we're going to come out on the other side stronger than ever.

The dems gambled on mayhem in Iraq and a sinking economy and did everything to help it along, dragging their feet on Iraq, pulling their defeatist crap, but none of it has worked, so they need some new rhymes. Well, the Clintons are the best there is for this kind of stuff, so it'll be interesting to see what they do to first deal out that pesky negro and then go on to the Republican smear.

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Panic ModeJan 21st, 2008 - 23:00:38

' Too Little, too Late '.
What a photo of G.W. Bush !
Says it all, dosn't it?
Meltdown.

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PPerfectJan 22nd, 2008 - 05:06:39

SP4, your comments on recession:

'Poorly made loans do not define a recession, and as soon as they work through these, I think we're going to come out on the other side stronger than ever.' (what an idiotic statement, could only be made by a blind neo-con idiot)

I know you have 'two degrees' and make over $100,000 per year (ya, I believe that), but having a meltdown in the equity markets, having no where to sell loans, companies failing, companies writing down $10 BB (numerous companies), makes a recession. And the cause of recession, not paying the bills as one goes. The money your President and your congress spent our country into the toilet between 2001 and 2006. The dollar is worthless, the bond market is on the skids, the new world currency will be the Euro real soon, oil is at all time highs, gas prices at all time highs, inflation was the strongest last month since 2001, looks like a recession to me. Watch the market tomorrow and the rest of the week. You will see what your President is good at---nothing! It was only a matter of time, no accountability has its price!

It is the economy stupid!

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CynicJan 23rd, 2008 - 00:20:42

Well said PPerfect .
Clear concise and precise.
I think eveyone will understand that, except for one person.

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