Wednesday, February 10, 2010

Does it seem odd to you that so much bad is happening financially during this campaign season?

Anyone else wonder about the big gas price increases, and the failure of Fannie and Freddie, and Lehmans failure, and now AIG? All this during election time? Does it seem odd to you that so much bad is happening financially during this campaign season?
I think it's even more odd that the democrats are rubbing their hands in glee. Instead of thinking about how many people are losing their homes, their jobs, etc. they are thinking about how it might help them in the election. I find this really sick.Does it seem odd to you that so much bad is happening financially during this campaign season?
Not at all... FUEL normally rises this time of year in preparation for the winter.





JUST remember, that the dot.com bubble burst during the last year of William J. Clinton's administration.





This is NOT a conspiracy... just bad luck and piss-poor regulation. I LOVED hearing Speaker Pelosi whining this morning on the news... YET, she bailed out of housing-futures and bought up oil-futures months ago. She has had control of the House for almost 2 years now and done NOTHING... not ONE piece of serious legislation.
yes but it all comes down to greed; these parties mentioned felt that they too had to ';allow'; dirty dealing to take place in order to keep up the ';image'; that they were making good and solid investments( the dirty dealings came from construction companies that accepted minimum wage employees to borrow huge amounts of $$$$ to build homes--these home of course were build by the greedy home building agencies which worked close with these money grabbing monkeys) so when the ';home/real estate bubble'; burst all was discovered--unethical money borrowing (the presidents of these organizations knew what was going on but they had to keep the image of ';investors'; up) now they have home standing decaying because the person that borrowed $300,000 to build his home only earned $6.00 an hr. How were they to pay for a home when they had a flexible rate? In other words, when the rate goes up their monthly house payment could be well over $1,200 which they never earned so they just bailed now the home is alone and the banker has a house worth $400,000 and no one to buy it(this was the home that had a price of $300,00.
It was a very long time coming, it's just hit the fan now. Not to mention all of the millions of dollars going toward the campaigns instead of food on the shelves. We all knew there was going to be a big recession coming from the war, it just didn't catch up with us for a while.
obama has had advisers who were the heads of freddy and fanny till a couple of weeks ago..pilosi was a big buyer of oil futures during the price run up and is still fighting to stop real drilling legislation..


you my friend are much smarter than most
Yes, Very odd !





I expect for everything to all of a sudden get wonderful.





I think most of us realize that just because everything seems great doesn't really mean that it always is.
Yes.


Usually the opposite happens in an election year.





But, McCain says the economy is 'fundamentally sound'.
It's a snowball effect - the top of the hill is way back before the campaigns started.


But now it's all being used as more campaign rhetoric.
No, not really. There are several past elections in which the economy was performing poorly.
A sight challenged person could have seen this happening two years ago. The present administration has bungled it's way to the worst admin. in U.S. history and it isn't over yet.
well that's why we have to make sound decisions when voting, (NOT VOTING FOR OBAMA is the sound decision)

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