You don;t think the abnks had anything tio do with it?
It was all the consumer?
The consumer repackaged loans and sold them as Credit Default Swaps, backed by a vehical that would collapse as rates adjusted? Really. I blame the consumer. But the banks are in it for the money, and they will make money if you let them, no matter whom it hurts. Really. You must be a genius
Obama is shrewd. Don't underestimate the man. People with assets (homes, stocks, etc.) are intentionally having their net worth diminished with the goal of dragging them to the government dependent class. Growing government (more power and control) at the expense of the middle class. Enough said.
OBAMA voters had No Job , No Money except welfare handouts, No education mabbe possible G.ED.. No Home . No drivers insurance ..Many illegals. ECT. ECT. ECT . This is the THEY WANTED MORE AND LARGER HANDOUTS >>
Buying At upper 30's for IRA
I'm a millionaire with a masters and voted for Obama.
People with money don't care about your petty concerns. We have enough. I care more about the streets on NY being clean and the homeless fidning another place to go. I'll pay whatever it takes to get you off the streets adn away from the restaurants where I eat.Too bad you are one of the low level intellects that gets cofused easily.
"OBAMA voters had No Job , No Money except welfare handouts, No education mabbe possible G.ED.. No Home . No drivers insurance .." That's
over 50% of the votes cast,
that would be bad news for our country if that were true.
Actually, Socialist ideas protet us all from catastrophy, regardless of whether you like that or not, it's true. The economy is worse off, and you and I pay more to carry the burden of not have the protection. If the LCD is rasied to a sustainable level, that brings up the safty net for all of us. So the next time you pass that homeless guy, give him a dollar so he doesn't break your car window looking for a place to sleep.