To: VOA
This is only the beginning of the problem. I laugh at all of the people who think people warning of a problem think the sky is falling. Its a big problem, it isn’t the end of the world, but people need to take this seriously.
16 posted on
09/20/2007 5:15:25 PM PDT by
FightThePower!
(Fight the powers that be!)
To: FightThePower!
Its a big problem, it isnt the end of the world, but people need to take this seriously. Herbert Hoover took a needed market correction "seriously." The result of his seriousness, incidentally, WAS the crisis of 1929.
To: FightThePower!
Its a big problem, it isnt the end of the world, but people need to
take this seriously.
I agree with that.
But I do scratch my head at some media sources (and some nice people
I know) that seem to be SHOCKED, SHOCKED, I TELL YOU,
that the subprime sector is blowing up.
I mentioned that even The Los Angles Times Business section was
even sounding warnings 2-3 years ago.
I suspect the reason their reporters got ahead of the curve on
subprime problems was...
they wrote an article about how they TOTALLY missed the coming implosion
of ENRON.
34 posted on
09/20/2007 5:43:24 PM PDT by
VOA
To: FightThePower!
My two cents...the first wave was the subprime loans...the next wave is credit cards.
48 posted on
09/20/2007 6:11:37 PM PDT by
Conservative4Ever
(Hoping my 'carbon footprint' has crushed a few liberals)
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