well, I went back and looked at a headline or two from 9/15/08 - found this - Obama had an immediate comment:
“U.S. President George W. Bush said Monday he is confident that the markets are resilient and can deal with the latest financial blows. “We are working to reduce disruptions and minimize the impact these financial market developments on the broader economy.” ...
U.S. Democratic presidential candidate Barack Obama said eight years of Bush “brought us the most serious financial crisis since the Great Depression.”
His Republican rival said John McCain said he was happy the federal government decided not to use taxpayer dollars to bail out Lehman Brothers.”
http://edition.cnn.com/2008/BUSINESS/09/15/lehman.merrill.stocks.turmoil/index.html
now the question begs, how would Obama know, at that point, on that same day, that we would experience the ‘most serious financial crisis since the Great Depression’?????? when we wouldn’t actually know that for another month or three????
They had planned it to scare folks into changing leadership. I believe Bambi is no more than a puppet who is given a script each day. The whole crisis was just too convenient. I will always wonder why Hillary was not privvy to it. Remember old Michelle said “That no one would keep Bambi from becoming Pres.” She was letting the cat out of the bag at that point. The Obama folks have been behind the scene planning the takeover for a long time.
Give that man a cigar! The fix was in. This whole bubble of over investment in over valaluation has created a giant gas bag based on nothing! It and the valued amount are worthless! This is the funniest thing I have ever seen in my whole life.
The capital, the productivity, the potential worth - none of it was ever there to begin with. Talk about leverage, the people that started this crap started to beleive their own hype and rode the gas bag to the dizzying height it attained; and the were suprised as the whole ball of gas delated.
No perspective, no idea base economic value. Dreams, piled on hope, piled on greed - that’s all that was ever there. Now they can live with the nightmare they have created.
If they think that that they will use the taxpayer to bail them out this time they’ve got another thing coming. It ain’t gonna happen. There is no way that politicians and oligarchs are going to send the American taypaying public to the desert of an economic gulag for fifteen to twenty years to save their asses.
In less than two years the American public (and the rest of the worlds citizens) who are being set up for the robbery on a grand scale will awaken. When they do; the culprits will bail out like rats leaving a sinking ship. There will be hell to pay and lives lost before this is over.
The whole thing was planned and orchestrated for a leftist takeover of America. They should all be hung for treason. We should “revisit” the methods our forefathers used to deal with traitors.
Those headlines are interesting...
My question has always been: How did a small percentage of bad mortgages (less than 5%) lead to the imminent end of the world as we know it and general financial chaos? How could that happen? It still doesn’t make any sense to me.
I don’t normally tend to conspiracy theories, but there are so many things wrong here it makes my head spin in disbelief.