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Republican cheerleading. All you McCain syncophants are getting
desperate it would seem.
From balanced budget to half a trillion debt in 8 years, but Bush
doesn't get mentioned. No ridiculous war, no tax breaks to oil etc.,
just the "Community Reinvestment Act" from Clinton's reign. THats your
smoking gun? Get real.
On WednesdayOct 8, 2008, at 6:39 AM, H&M Feld wrote:
Yes, there is plenty of blame to go around, but ONLY after the
government
created the environment for this to happen. Bobh is right-on.
Harry
----- Original Message -----
From: <hbernst963@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 08, 2008 9:35 AM
Subject: Re: [RT] Time to end hedge funds?
> There is a lot of blame to go around in this crisis. To blame it
> on the
> government is ridiculous, IMO. There are many players in this- Wall
> Street
> speculators, lax government supervision, mortgage lenders giving
> money to
> people
> who couldn't afford to pay for houses, etc.
>
> What we are seeing is a normal long term cycle of credit expansion and
> collapse. See the depression of 1835-42, the Panics of 1873 and 1890
> and
> of
> course, 1929-1932.
>
> Howard Bernstein
>
>
>
>
> **************New MapQuest Local shows what's happening at your
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>
> ------------------------------------
>
> Yahoo! Groups Links
>
>
>
>
>
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