To: wmfights; marshmallow; Alex Murphy; 1000 silverlings; Dutchboy88; Frumanchu; xzins; P-Marlowe; ...
The economic collapse has nothing to do with free markets. It is the result of bad monetary policy and bubbles created by govt in housing and finance. The bubble in housing was created by govt artificially lowering interest rates and forcing banks to make loans to marginal borrowers. If the markets had been left alone we would not have had a credit collapse when the recession occurred.Amen. Thank you.
And as proof of that fact, Obama has re-nominated Bernanke as head of the Fed!!!
Ostensibly it's because he "is familiar with what happened."
LOL. Familiar?!? It was on his watch all this tragedy occurred! He didn't see it coming? He couldn't have stopped it?
Obviously he's doing what he's supposed to do -- steering our ship of state into the rocks.
115 posted on
08/26/2009 10:15:17 AM PDT by
Dr. Eckleburg
("I don't think they want my respect; I think they want my submission." - Flemming Rose)
To: Dr. Eckleburg; marshmallow; Alex Murphy; 1000 silverlings; Dutchboy88; Frumanchu; xzins; ...
And as proof of that fact, Obama has re-nominated Bernanke as head of the Fed!!! It is incredibly frustrating to watch the gross incompetence perpetuated. I think most people don't realize that the only ones being bailed out are the big Rat supporters. The people who are really going to take it on the chin are the middle class.
All this is a result of govt managing the economy "in our best interest".
123 posted on
08/26/2009 10:30:44 AM PDT by
wmfights
(If you want change support SenateConservatives.com)
To: Dr. Eckleburg
Obviously he’s doing what he’s supposed to do — steering our ship of state into the rocks.
= = =
INDEED.
Toward what end . . . Scripture tells us, essentially . . . crash all that has been before . . . set up the global government . . . thankfully, that will be short-lived.
128 posted on
08/26/2009 11:08:06 AM PDT by
Quix
(POL Ldrs quotes fm1900 2 presnt: http://www.freerepublic.com/focus/religion/2130557/posts?page=81#81)
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