Here comes the other economic shoe dropping...

[Gawdzilla Sama]

And, less to spend on, oh, things like "retirement."

Paging Darwin!

[Coito ergo sum]

He was talking about what caused it, not what it caused.

Actually, he explicitly, literally, was talking about what it caused. He's saying it didn't really cause anything. It's just a load of wanker bankers making bad bets. Nothing caught fire.

[Trolldor]

He was talking about what caused it, not what it caused.

Actually, he explicitly, literally, was talking about what it caused. He's saying it didn't really cause anything. It's just a load of wanker bankers making bad bets. Nothing caught fire.

No, what he said was "Nothing bad actually happened, it's not like all the Pigs in South Africa died of blight". A cause for the crash, not an effect.

[Pappa]

That's a pile of bullshit if I ever heard one.

Nothing bad has happened? Talk about the record numbers of people in mortgage default. Talk about the record number of people who have lost their homes to foreclosure. Talk about the 9.9% unemployment rate in the US and the 10.6% in Ireland and the 17% in Spain....the 8.8% in France...and the 8.3% (and rising) unemployment rate in the European Union overall.

Talk about the record losses in people's U.S. 401k Plans and IRA's (or equivalent retirement savings accounts in other countries). People lost 30%, 40% and 50% - and more - of their savings due to the stock plunges. Talk about the people who have had to take record numbers of loans and early withdrawals from those plans, and suffer penalties.

Nothing real has happened? It's all just paper bets between big bankers? What a load of ignorant shit that was.

Calm down, it's only a comedian.

[Coito ergo sum]

He was talking about what caused it, not what it caused.

Actually, he explicitly, literally, was talking about what it caused. He's saying it didn't really cause anything. It's just a load of wanker bankers making bad bets. Nothing caught fire.

No, what he said was "Nothing bad actually happened, it's not like all the Pigs in South Africa died of blight". A cause for the crash, not an effect.

They must speak some strange dialect of English in the country your from where meanings are reversed.

[Martok]

The world won't go away. The worst that will happen is we'll have less money to spend on toys. And that's not a bad thing, IMNSHO.

It's going to be a bitter pill for many people to swallow. For eight years we had a president that said it was ok to spend like crazy. Never mind we were fighting two costly wars.

[Trolldor]

He was talking about what caused it, not what it caused.

Actually, he explicitly, literally, was talking about what it caused. He's saying it didn't really cause anything. It's just a load of wanker bankers making bad bets. Nothing caught fire.

No, what he said was "Nothing bad actually happened, it's not like all the Pigs in South Africa died of blight". A cause for the crash, not an effect.

They must speak some strange dialect of English in the country your from where meanings are reversed.

We speak English, not tea bagger.

[Coito ergo sum]

The world won't go away. The worst that will happen is we'll have less money to spend on toys. And that's not a bad thing, IMNSHO.

It's going to be a bitter pill for many people to swallow. For eight years we had a president that said it was ok to spend like crazy. Never mind we were fighting two costly wars.

Yes, that's true. Bush never vetoed a spending Bill, and it caused a major problem. President Bush set a number of records in deficit spending: No Child Left Behind; 15 billion for AIDS relief in Africa (most ever spent to fight AIDS); federally funded embryonic stem cell research; and created (up until Obama's health care plan) the single biggest entitlement program in American history, the Medicare Prescription Bill. Bush pushed for and authorized Congress to spend like a drunken sailor.

Now, however, just when we thought it couldn't get worse, we have a President that is making Bush look like he was running the country on a shoestring budget. We'll probably break $1.55 trillion for the deficit this year. By the 2012 election it will probably be $16 trillion dollars in total national debt.

Here it is today:



And, it is going up at record pace of about $6 billion a day.

[Coito ergo sum]

He was talking about what caused it, not what it caused.

Actually, he explicitly, literally, was talking about what it caused. He's saying it didn't really cause anything. It's just a load of wanker bankers making bad bets. Nothing caught fire.

No, what he said was "Nothing bad actually happened, it's not like all the Pigs in South Africa died of blight". A cause for the crash, not an effect.

They must speak some strange dialect of English in the country your from where meanings are reversed.

We speak English, not tea bagger.

Have another glass of Kool-Aid to wash down the Blue Pill.

[Coito ergo sum]

'Perfect storm' as market tremors hit China, Europe and the US
Capitulation fever has swept global markets on triple fears of faltering recovery in the US, Chinese credit curbs and Europe's intractable escalating debt crisis.

http://www.telegraph.co.uk/finance/fina ... he-US.html


Somebody! Give the bankers another $1,000,000,000,000! Quick!


FTSE Plunges to New Low! http://uk.news.yahoo.com/5/20100521/tuk ... dbed5.html


The Euro as We Know it is Dead: http://www.telegraph.co.uk/finance/comm ... -dead.html

[Gawdzilla Sama]

We speak English, not tea bagger.

[Coito ergo sum]

We speak English, not tea bagger.

I always wondered why the Tea Partiers adopted the name "teabagger" - when I first heard the term, my reaction was....

They seem to embrace it.

[Clinton Huxley]

Blighty will be fine, once we get that Falkland Islands oil flowing. Huzzah!

[Martok]

Yes, that's true. Bush never vetoed a spending Bill, and it caused a major problem. President Bush set a number of records in deficit spending: No Child Left Behind; 15 billion for AIDS relief in Africa (most ever spent to fight AIDS); federally funded embryonic stem cell research; and created (up until Obama's health care plan) the single biggest entitlement program in American history, the Medicare Prescription Bill. Bush pushed for and authorized Congress to spend like a drunken sailor.

How typical of you. You consider those things out of control spending but ignore Bush's two wars and his tax cuts which cost about 1 trillion each.

Now, however, just when we thought it couldn't get worse, we have a President that is making Bush look like he was running the country on a shoestring budget. We'll probably break $1.55 trillion for the deficit this year. By the 2012 election it will probably be $16 trillion dollars in total national debt.

Here it is today:



And, it is going up at record pace of about $6 billion a day.

YOU want to blame Obama for all of that!!!

How much was the debt when Obama took office?

How much was the debt when Bush took office?

[Gawdzilla Sama]

YOU want to blame Obama for all of that!!!

How much was the debt when Obama took office?

How much was the debt when Bush took office?

My idiot brother once said, with much relish, "Obama's Recession!" I explained to him the parameters for calling recession. He didn't understand them.

He got the looks in my family. I had to settle for the brains.