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To: Will88

So, you believe the economic meltdown crisis (oh my!) occurred six weeks before the election by sheer coincidence?


83 posted on 10/11/2009 9:16:00 AM PDT by Lancey Howard
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To: Lancey Howard
So, you believe the economic meltdown crisis (oh my!) occurred six weeks before the election by sheer coincidence?

As I've said several times in this thread, I don't think the full story is known yet. And I sure don't think you have the full story. There had been talk of the "sub-prime" crisis all year, so all this did not pop up just before the election.

There were some real legal and technical requirements (reserve requirements to support loans by banks and investments by investment firms) that were said to have reached crisis points because of the "toxic assets" represented by sub-prime loans. That's why several Wall Street firms failed. Do you know exactly when the crisis points were reached? Was the information held back by a Republican administration until just before the election?

The explanations for all this is more complicated than attempts at witty one-liners.

90 posted on 10/11/2009 9:27:16 AM PDT by Will88
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