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Author Topic: U.S. financial institutions...  (Read 2017 times)

Offline Mr. Kennedy
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U.S. financial institutions...
« Reply #45 on: October 03, 2008, 07:04:28 AM »
Wash away all Obama\'s rhetoric and this is the truth behind the cause of today\'s financial crisis.

http://www.youtube.com/watch?v=1RZVw3no2A4
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\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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Offline luckee
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U.S. financial institutions...
« Reply #46 on: October 03, 2008, 06:52:09 PM »
I stopped at 1.25........ They said something about it workedd, but up until 1995. Things got bad in 06, so I would take a guess that the real downward spiral started in 00-03.
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Offline clips

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U.S. financial institutions...
« Reply #47 on: October 08, 2008, 04:13:59 AM »
And this is your taxpayer monies at work....pathetic.


http://www.yahoo.com/s/967080


I\'m not sure if Obama\'s plan would tax this company(since he\'s only taxing companies that outsource american jobs) but they need to be fined just on principle for this outrageous display....this bailout money was supposed to be used to help these a**holes and yet they are using a portion of it to go on lavish getaways....
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Offline Mr. Kennedy
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U.S. financial institutions...
« Reply #48 on: October 08, 2008, 04:39:26 AM »
I agree with you on the fact that what\'s going on there is wrong.

However, Obama pushed for these subprime mortgages, and is still somewhat responsible for what happened, and he won\'t take the high road and admit he made some bad legislative choices that got us to this point.  I would have much more respect for him if he did that.
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\"In the last 12 months 100,000 private sector jobs have been lost and yet you\'ve created 30,000 public sector jobs. Prime Minister, you cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecidented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt.\" - Daniel Hannan

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