Calling my lawyer!
The socialists and a bunch of MONEY SHARKS in a feeding frenzy....they ruin the economy and then want to steal what is left of it.....
uh, chuckie, you did that LAST month....didn’t work.
Green jobs????
Yeah, I can tell where Little Chuckie Half-bright Shumers concerns are.
THE ONLY WAY TO FIX OUR ECONOMY IS TO BAN SHORT SELLING AND REDUCE CAPITAL GAINS!
The problem is elected republicans cant just reject it outright publically, that would be political death.
What is frightening is that they elected republicans articulate no principles that lead us to believe they might oppose it. They need a message that can sell the public, the public turned against the UAW bailout, that was key. But I hear none. How about endless borrowing? Shumer counters with ‘deflation’ Are we borrowing from china or borrowing newly created money?
Chuckie already destroyed a bank by creating panic. So seeing how well that worked, he’s going to try to start another panic by following the Paulson/Bush “sky is falling” plan. The left will continue to steal tax dollars and spread them around to its “green” contributors. From unions to ACORN to the ACLU, taxpayers and conservatives...in other words, actual Americans are going to get the perpetual shaft.
I don’t get these guys. Bush’s deficit busting gives them a tremendous opportunity to be different and call for balancing the budget. Clinton showed them the way...why can’t they at least go back to those days?
Can someone tell me how you can have deflation with fiat money?
Oh yeah, that will really get things going! /s
While things were a wreck, it was a quiet wreck, and there was a chance that some of the damage could have been mitigated within the market.
Nope.
Chucky had to announce the economy was going to crash (to put the pubbies in a political dillemma before the election), investors panicked, and voila! the market plummets.
Idiots voted for DUH1 because they didn't like the downturn and blamed it on the 'pubbies.
Now he wants schill for money to fix things? Sheesh!
I advocate Chuckles the Clown to be jettisoned to Somalia for pirate lessons. Ain’t much difference in the two.
Isn’t ‘Deflation’ another way of saying ‘prices seeking their correct level’?
Never trust a guy who looks like he had a lead role in Who Framed Roger Rabbit.
Chucky seen here rehearsing for his new role in Who Screwed the American People (Again!).
The man has said some incredibly ignorant things over the years, but Chuckie's managed to outdo himself this time. If the above statement were true, we'd be closing in on our eightieth year of deflation.
If we can manage to keep a camera in his face 24/7 he will be preoccupied listening to his own pompus dribble and we may never hear from him again.
I've been wondering why the government is giving hundreds of billions of dollars to the holders of consumer debt, instead of giving that money to the people in debt to pay off their debt.
What are the pro's/con's of keeping the debt holders viable, but not the debtors themselves? What would have happened if the people in debt were given the money to pay off their debt? Would that money have worked its way back to the same financial institutions in the end?
-PJ