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To: Zakeet
"As [Comedy Central's John] Stewart said, there were “two markets” — the long-term market that Americans earnestly thought would sustain their 401(k)’s, and the fast-moving, short-term “real market” in the back room where high-rolling insiders wagered “giant piles of money” and brought down everyone with them.

No one is more commanding on this subject than our president.


17 posted on 03/22/2009 4:05:09 AM PDT by rvoitier (O.B.A.M.A. - One Big-Ass Mistake, America)
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To: rvoitier
Jon Leibowitz is a worthless idiot, and the sad reality is that he and Obama together have almost a cult-like following among young Americans.

That, and that alone, is reason enough for me to maintain my distrust and anger toward my own generation.

18 posted on 03/22/2009 4:09:33 AM PDT by Prole (Please pray for the families of Chris and Channon. May God always watch over them.)
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To: rvoitier

John Stewart is a comedian, not a financial thinker.
This whole mess is attributal to Democrats, from Jimmy Carter, to Clinton, and yes Barney Frank and Dodd. And, that lawyer for Acorn, Barry 0bama, who sued banks to force lenders to give money to unqualified borrower’s. These Democrats forced Banks to fulfill their policy of a house for every person. A bubble was created. Debt “Insurance Policies” issued by AIG and the like were not enough to prevent the expected crash. I suspect the Bankers have more than enough dirt on the Politicans


47 posted on 03/22/2009 4:47:19 AM PDT by Steven Tyler
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