I Can't Believe He Said That: 2008 in Quotes

It is both sad and funny to view the comments of the few morons who still view Bush as a honorable and decent man. The NY Times had a great article last Sunday, entirely factual, about Bush and Paulson leading us into the housing/market collapse. Bush a visionary? Our nation is collapsing all arounds us due to the idiot and the flag wavers just keeping cheering on. Grow a garden and grab a gun for the times to come.

How do you know when an executive is lying? His lips are moving. Old joke, but look at what these guys said, when they said it and what conditions truly were. Time to give executives the boot in terms of deference. They are a venal lot who deserve little, if any respect.

Quote* "An informed citizenry is the only true repository of the public will.. . . The People cannot be safe without information. When the press is free, and every man is able to read, all is safe." Thomas Jefferson EDITOR NOTE this quote forms one of the motivations for creating this Grandfather Economic Report series - - to help assure there are more informed citizens.* end quote!

these guys are tools

Do yourselves a favor. Start buying extra food. Now. Six months supply at a minimum. Thank me later.

Back in 2007 when I wrote Tim Bishop (D) NY and told him that Bear Stearns was running the same scheme as Enron on a greater scale and was in danger of imminent collapse they responded witha boiler plate letter. When I wrote Chuck Schumer (D) NY and told them the investment banks had leveraged 200 to 1 on deposits in many cases, and would certainly collpase if the FRC kept tightening they didn't even respond. When you tell them the mess involved every commercial bank and that ther banking system had failed, they laughed. The banking system has failed and this mess will get worse as housing prices still have about 25% to decline on median. The glut of inventory will take at least 5 years to consume upon affordability levels being established. The commercial re market has collapsed and prices are soon to follow. Retailers shutting shop after the holiday will cause furthewr pressure. Now comes the next big crisis for every localilty. The Property Tax Crisis. They are laughing as I warn but they soon will see that this too will extend the current Depression and economic growth will be hampered until 2019 unless something s done soon. James J. Donovan is the author and CEO at Good Grievance. If you would like further details of clarification please feel free to contact me direct at (631) 761-5567.

Back in 2007 when I wrote Tim Bishop (D) NY and told him that Bear Stearns was running the same scheme as Enron on a greater scale and was in danger of imminent collapse they responded witha boiler plate letter. When I wrote Chuck Schumer (D) NY and told them the investment banks had leveraged 200 to 1 on deposits in many cases, and would certainly collpase if the FRC kept tightening they didn't even respond. When you tell them the mess involved every commercial bank and that ther banking system had failed, they laughed. The banking system has failed and this mess will get worse as housing prices still have about 25% to decline on median. The glut of inventory will take at least 5 years to consume upon affordability levels being established. The commercial re market has collapsed and prices are soon to follow. Retailers shutting shop after the holiday will cause furthewr pressure. Now comes the next big crisis for every localilty. The Property Tax Crisis. They are laughing as I warn but they soon will see that this too will extend the current Depression and economic growth will be hampered until 2019 unless something s done soon. James J. Donovan is the author and CEO at Good Grievance. If you would like further details of clarification please feel free to contact me direct at (631) 761-5567.

The banks are the big evil. Quit using 'em.

Newt Gingrich, con hero, did more to lobby for and protect Fannie and Freddie from more regulation than Barney ever could. Look up Newt Gingrich history as Fannie Freddie lobbiest. GOP will never push for more more business regulation unless their monied special interest masters like Wall St or proxies like CATO push them to. They never work for you and me, they work for themselves and their money masters. Unfortunately Dems are not much different. Though, IMO, they are more honest in when they waste taxpayer money on a million Americans for some votes, whereas GOP waste same amount of taxpayer money on 100 Americans who kickback a few million.

Welcome to THE GREAT RECESSION ... deleverage as much as you can and invest as much as you can, those who can invest today will be the wealthy of the next generation. For those who invest through this next 5 - 10 years.

actually, after listening to this whole thing...these guys are definitely MAJOR tools. it's always easy to play monday morning quarterback and everything is clearer in hindsight....not sure if these guys could make the right decisions in the moment that some of these people were in. not defending the people who were quoted but saying that these newscasters shouldn't act like they are so much better because they probably would've fared the same.

Back in 2007 when I wrote Tim Bishop (D) NY and told him that Bear Stearns was running the same scheme as Enron on a greater scale and was in danger of imminent collapse they responded witha boiler plate letter. When I wrote Chuck Schumer (D) NY and told them the investment banks had leveraged 200 to 1 on deposits in many cases, and would certainly collpase if the FRC kept tightening they didn't even respond. When you tell them the mess involved every commercial bank and that ther banking system had failed, they laughed. The banking system has failed and this mess will get worse as housing prices still have about 25% to decline on median. The glut of inventory will take at least 5 years to consume upon affordability levels being established. The commercial re market has collapsed and prices are soon to follow. Retailers shutting shop after the holiday will cause furthewr pressure. Now comes the next big crisis for every localilty. The Property Tax Crisis. They are laughing as I warn but they soon will see that this too will extend the current Depression and economic growth will be hampered until 2019 unless something s done soon. James J. Donovan is the author and CEO at Good Grievance. If you would like further details of clarification please feel free to contact me direct at (631) 761-5567.

money is not the root of all evil. It is the love of money that is the root of all evil. The investors with madoff knew, the democrats knew when they took fannie and freddie bribes, and now senate seats are for sale. maybe Caroline Kennedy will not have to pay for her seat...

I have to disagree with Henry Blodget when he said that Madoff's was the biggest and longest running Ponzi scheme in history. He forgot about social security and Medicare. Just give it a few more years.

Back in 2007 when I wrote Tim Bishop (D) NY and told him that Bear Stearns was running the same scheme as Enron on a greater scale and was in danger of imminent collapse they responded witha boiler plate letter. When I wrote Chuck Schumer (D) NY and told them the investment banks had leveraged 200 to 1 on deposits in many cases, and would certainly collpase if the FRC kept tightening they didn't even respond. When you tell them the mess involved every commercial bank and that ther banking system had failed, they laughed. The banking system has failed and this mess will get worse as housing prices still have about 25% to decline on median. The glut of inventory will take at least 5 years to consume upon affordability levels being established. The commercial re market has collapsed and prices are soon to follow. Retailers shutting shop after the holiday will cause furthewr pressure. Now comes the next big crisis for every localilty. The Property Tax Crisis. They are laughing as I warn but they soon will see that this too will extend the current Depression and economic growth will be hampered until 2019 unless something s done soon. James J. Donovan is the author and CEO at Good Grievance. If you would like further details of clarification please feel free to contact me direct at (631) 761-5567.

d c is about as uninformed as they come. Or perhaps she is choosing to ignore a rather large set of facts that run contrary to her opinions. Or perhaps she is simply drinking the dem-munist Kool-Aid.

fudge except i didnt say fudge

What talking head fools. You are idiot children in a world of wolves. Listen to Ron Paul. He's had it right all along. Our government is stealing from the poor and giving to the rich by DEVALUING THE DOLLAR - PRINTING FIAT MONEY. In 2 to 3 years everything that you offhandedly buy at your local stores will cost 200 to 300% MORE THAN TODAY. You will be ecstatic to just be able to pay for food and electricity. You will look at your old Ipods and Blackberry's and think, "What a different age we live in".

gold will shine in 2009 get on board or get debased! i hear the helicopters coming, hurry!

I think Tech|ticker is the most fun part of Yahoo right now. The more people hate it, the more fun it gets...