To: sickoflibs
Well, it seemed like many on Wall Street, and the folks who watch the economy didn’t pick up on it either. How else did all these problems seem to show up, all at the same time, in early 2008, and many folks who are PAID to watch the stock market and the financial institutions seem to get caught flat footed?
54 posted on
03/08/2009 7:15:06 PM PDT by
SuziQ
To: SuziQ
RE “
and many folks who are PAID to watch the stock market and the financial institutions seem to get caught flat footed?”
You bring a very good point. I am glad you did. It's at the key to my recent wakeup. Neither party warned us. The stock brokers who needed the investments to go up warned us. To warn us of a collapse of a equity bubble is to risk popping the bubble and few want to do that (unless you are minority party just before an election) because it's a big party and the crash is the hangover.
But one man did warn us in 2006 and he was laughed at by all above and now he rips both parties and earned it. Enjoy your awakening:
Peter Schiff Was Right 2006 - 2007 (2nd Edition)
56 posted on
03/08/2009 7:26:07 PM PDT by
sickoflibs
(Keynesian Eco 101 : "If you won't spend your money WE WILL, and your kid's too!")
To: SuziQ
correction
The stock brokers who needed the investments to go up definitely didnt warn us.
57 posted on
03/08/2009 7:31:02 PM PDT by
sickoflibs
(Keynesian Eco 101 : "If you won't spend your money WE WILL, and your kid's too!")
To: SuziQ
58 posted on
03/08/2009 7:36:02 PM PDT by
sickoflibs
(Keynesian Eco 101 : "If you won't spend your money WE WILL, and your kid's too!")
To: SuziQ
59 posted on
03/08/2009 7:36:08 PM PDT by
sickoflibs
(Keynesian Eco 101 : "If you won't spend your money WE WILL, and your kid's too!")
To: SuziQ
How else did all these problems seem to show up, all at the same time, in early 2008, and many folks who are PAID to watch the stock market and the financial institutions seem to get caught flat footed? My guess is that everybody started with the premise that Fannie Mae and Freddie Mac knew what they were doing.
60 posted on
03/08/2009 7:36:40 PM PDT by
okie01
(THE MAINSTREAM MEDIA: Ignorance on Parade)
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