when the budgets were sacked, instructions were given to go easy on... the mechanisms of consumer protection, SEC enforcement, HUD and Mortgage document disclosure and practices and enforcement were terminated, other fast and loose politics and dealings were done to weaken the very systems of regulation that worked to prevent what has been loosed during the last 8 years... no, there's more here than just your cast of characters to blame.... sure you're right.... and you knew it too.... no, that's what these conservatives have done...
Too many local government LIBERALS.. standing in the way of true progress.. nothing to do w/supply side economics! Those losers would kill their own mothers to stop supply side economics +free market economics from working.
Well every dog has his day.. or so the saying goes. It must be a tough life as a doom-sayer. I recall an acquaintance for the 1980's? who put all his assets in gold when it was $800+ per ounce because he saw a great depression coming. Well, the bottom dropped out of the gold market but if he stuck with his investment, he'd be about even now... well, unless you want to factor in inflation, but let's not, just to be kind. Anyway, if this guy is right, I still feel sorry for him. I mean I sure it will be a big boost to his ego if the economies of the world go bust but what about his "I told you so!" book deal? I mean, sure, he could write all about it but we'd all be too broke to afford a copy. Oh well. Pete
No, but he is predicting that the President of the Doom and Gloom Club will die soon from depression so he can replace him. Pete
Here we go again... Tice Proves Every Bear Has a 9.5% Return as He Invokes `D' Word http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=a8qiQmY7BEPc
Let's see.....permabear who has never made money in his career for his investors....is now barely up and claiming victory and a future windfall for his fund. This may just be a contrarian indicator that we are near the bottom of the market.
Federated's Tice Says S&P 500 Is Poised to Plunge 62% http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a6hgHyLBy0VU