The Worst Calls of 2008

Discussion in 'Wall St. News' started by libertad, Dec 27, 2008.

  1. Top ten quotes of 2008

    "We have sort of become a nation of whiners." — former Sen. Phil Gramm, an economic adviser to Republican presidential candidate Sen. John McCain, quoted in The Washington Times, July 10.

    "It's not based on any particular data point, we just wanted to choose a really large number." — a Treasury Department spokeswoman explaining how the $700 billion number was chosen for the initial bailout, quoted on Sept. 23.

    "The fundamentals of America's economy are strong." — McCain, in an interview with Bloomberg TV, April 17.

    "Anyone who says we're in a recession, or heading into one — especially the worst one since the Great Depression — is making up his own private definition of "`recession.'" — commentator Donald Luskin, the day before Lehman Brothers filed for bankruptcy, The Washington Post, Sept. 14.


    Hell you can just watch Kudlow and Kronies to get some real gems.
  2. If people keep contributing to this list of terrible calls we would have a nice encyclopedia of failure. Keep at it!!!
  3. Failures can be just stepping stones to success....

    One can learn what not to do....