> Oil slides below $100 a barrel, first time in five months.
I'm sure the MSMs can find some complaint -- two obvious ones come to mind:
1) This means that people will stop conserving, may buy big cars again, etc., etc., etc.... Even money this one is mentioned in a news report within the next 60 days
2) Oh, no! Tax revenues!! Down!! Oh, the humanity!!
If you are referring to the financial situation, the big bank bomb is busting big time.
Seriously, this is the worst financial crisis since the Great Depression. We did not make a full ten years from the repeal of the Depression-era banking regs and restrictions known as Glass-Steagall without facing a potential depression.
It wouldn't be so bad if there hadn't been a lot of loose lending globally - but assets are busting all over the world now. Property markets busting down in China as we stare sadly at our presidential candidates!
4 comments:
> Oil slides below $100 a barrel, first time in five months.
I'm sure the MSMs can find some complaint -- two obvious ones come to mind:
1) This means that people will stop conserving, may buy big cars again, etc., etc., etc.... Even money this one is mentioned in a news report within the next 60 days
2) Oh, no! Tax revenues!! Down!! Oh, the humanity!!
:-S
And the Dems will also add:
"See? We didn't need ANWR after all!"
:-/
If you are referring to the financial situation, the big bank bomb is busting big time.
Seriously, this is the worst financial crisis since the Great Depression. We did not make a full ten years from the repeal of the Depression-era banking regs and restrictions known as Glass-Steagall without facing a potential depression.
It wouldn't be so bad if there hadn't been a lot of loose lending globally - but assets are busting all over the world now. Property markets busting down in China as we stare sadly at our presidential candidates!
George Bush, Republican, is President.
1) National Debt
2) Trade Deficit
3) Housing Foreclosures
4) Financial Market
5) Unemployment Rising
6) Shall I go on?
Kindly list the POSITIVE accomplishments of this Republican administration. Thanks.
Not surprised none of you "conservatives" are able to list ANY positive accomplishments of this Bush administration.
Honesty from you (in your silence) at last!
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