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To: garyhope
The 'Recession' Is a Media Myth.

But it won't be after Congress and President get done sticking their oar into slightly troubled waters. Then, like the effect of the Smoot-Hawley Tariff and the actions of the Fed back in 1929 or so, we will have a recession, at the very least, and it will be worse than the downturn we might have otherwise had. It might even become a depression, should B. Hussein or Hillary be President, with a DemonRat Congress, come January next.

15 posted on 04/01/2008 9:40:01 PM PDT by El Gato ("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
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To: El Gato

Well, the (D)s ARE salivating for protectionist policies like Smoot/Hawley, AND they are gunning for crimping credit streams such as the Fed did after the 1929 crash.


18 posted on 04/01/2008 9:50:57 PM PDT by TeleStraightShooter (Will the AmericanHating Rev Wright be Barack Hussein Obama's ambassador to Iran?)
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