Bear Stearns,Lehman Bros,Freddie,Fannie........

So when will the "plan" be complete?

Is this the first , middle, or final step?

 

And it is being done by a Republican president.

 

Name a high profile Democrat that doesn't support it.

 

This is not a Bush doing. However, his appointed Fed secretary, following the lead of a Fed Secretary that was appointed by both a Republican and Dem president alike, is following this disastrous Keynesian policy, which is the benchmark philosophy of the Dem party (and is fast becoming the policy in practice of the GOP). I don't think this is taking us to a one-world system. It's just that we have two parties, one more so than the other one, that has no clue about real-world economics.

 

Let's remember that the root of all of these financial problems is the subprime crisis, pushed by Clinton and his financial team, to increase the number of home owners, and the profilgate lending practices spurred on by these policies. Bush continued this policy with his "American Dream" program, but the damage had largely already been done. We saw this at play in the late 90s and now the chickens are coming home to roost.

And a couple of Obama's main economic advisers? Clinton's co-architects at Fannie/Freddie during the hey-day of their demise.

McCain says he's no economic expert. Obama shows it. Blind, meet the blind.

 

Just a humble observation......

By moving these types of money discussions down here, are we discouraging debate in the thread, or encouraging debate in the fellowship forums ?

 

Since you asked, <G> the plan will be complete when the middle class have become the working poor and this generation's poor have starved to death.

 

And the illuminatti are conspiring to take over as soon as all the dogs are destroyed which are the real protectors of mankind because of a massive cat conspiracy to rule the world.

 

Is that Poncho from that old tv show C.H.I.P.S. ?