Conservative talk radio like Rush, Hannity and Levin almost have to tell their listeners this story because they were telling us for so long that GWB had a strong economy when it was just a housing bubble that naturally crashed because interest rates finally went up to control inflation, check out this
“Growth” is in the Eye of the Beholder by Peter Schiff May 04, 2007
"Also ignored in the rhapsodizing over U.S. GDP growth is the extent to which consumption has been paid for with borrowed money. Since these debts must be repaid with interest, GDP will likely decline even more significantly in the future. Had we borrowed primarily to finance capital investment this would not be the case, as the loans could have been repaid out of increased income. However, as the vast majority of borrowing is simply used to purchase consumer goods, the income needed to repay the debts will have to come at the expense of reduced future consumption.
Thank you, yes.
I don’t think Bush conspiracy theory has ever existed at higher levels, among actual students and researchers.
The “all of the above” global Marxofascist answer to our questions is looking quite “attractive.” Russia is hard for me to believe, though. Some think they just went Fabianist for a worldwide scheme, in 1990. But, find it difficult to think Putin would agree.
Soros and plenty of European bank money behind him with big UN-Socialism ties (along with some old KGB cum “Russian Mafia”) looks compelling.
China? One way or another, they have “taken ownership,” now haven’t they?
And as for folks like the Saud, I kind of doubt they like the meltdown and TARP.
so there were people that knew we had a bad situation....
I also remember that there was that "special" closed meeting of Congress, and they talked about a "coming" financial crash...
could it be that the US has been threatened before?....that the possibility of this happening was forecast?....that Bush was resigned to it?....that zero knew all about the threats because he was in on it?....
zero got elected because of it....ONLY because of it....
McPalin were ahead at the time....surging....
nothing happens in a vaccum..