Unemployment is 3.9 percent

Fed money, dude.

So you're saying that the Fed, under the direction of Democrats who didn't control Congress in 2004, gave banks money to do risky subprime lending?

So where's that paper trail?

Why would the Fed or Democrats do that when Democrats and Clinton all put restrictions on GSE's in place in 2000 specifically to prevent risky lending?
 
December 2007. Obama was elected in November 2007. Obama came into office in January 2008.

Thus, the collapse started right after Obama was elected.



In my signature is a thread where I’m trying to warn about the coming crash

All you right wing idiots were castigating me for the prediction


You are an idiot
 
The crash became widespread in Dec 2008

The crash had already started and "widespread" means nothing here.

And you're also arguing then, that the economy was not in recovery by the time Obama was sworn in...so your stupid ass just contradicted an argument your stupid ass made earlier on this thread!

How could Obama have ruined the recovery when, as you just said here, the crash only became "widespread" in December 2008?

What a clod. You walked right into that one.
 
Thread: The coming economy
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11-24-2007, 10:43 AM #1 | Top evince's Avatar evince evince is online now
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Default The coming economy
http://www.upi.com/NewsTrack/Busines...ge_90_pct/4876


It does not bode well.


Forecast: U.S. dollar could plunge 90 pct


Published: Nov. 19, 2007 at 2:16 PM
RHINEBECK, N.Y., Nov. 19 (UPI) -- A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said.

"We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."

"The bigger they are, the harder they'll fall," he said in an interview with New York's Hudson Valley Business Journal.

Celente -- who forecast the subprime mortgage financial crisis and the dollar's decline a year ago and gold's current rise in May -- told the newspaper the subprime mortgage meltdown was just the first "small, high-risk segment of the market" to collapse.
http://www.sec.gov/news/press/2007/2007-190.htm


http://www.justplainpolitics.com/sho...70#post1529170



http://www.justplainpolitics.com/sho...light=director



http://www.justplainpolitics.com/sho...e-getting-dark
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11-24-2007, 10:53 AM #2 | Top Topspin's Avatar Topspin Topspin is offline
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nice troll moron
real economist say 1 to two percent growth so does the Fed.
Your scary stupid but funny too. Thanks
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Tax cuts do not cause a housing collapse, dumbass.

According to Bush, they did.

And Bush was your guy until it became too hard to defend him and his garbage beliefs and policies.

That's why you've only NOW started calling Bush a RINO...in about 10 years you're going to call Trump a RINO too.
 
The unemployment figures give no clue about the actual amount of unemployment,
but smaller unemployment figures are still better than big ones.
 
That is the third link down in my signature



It’s a November date in 2007



Someone closed that thread


Gee I wonder why
 
Funny how it’s not ok to post in old threads yet we have threads here that are still going and are ancient


What are you listening to now


It’s ancient
 
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