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To: proudofthesouth
You mean we are going to have over 25% unemployment rate? Get hold of yourself people and stop the over blowing of things. Yes we are in tough times but to go that stupidly and predict a situation worst than the Depression times is insane.
263 posted on 07/11/2008 8:31:29 PM PDT by jveritas (God Bless President Bush and our brave troops)
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To: jveritas
'You mean we are going to have over 25% unemployment rate? Get hold of yourself people and stop the over blowing of things. Yes we are in tough times but to go that stupidly and predict a situation worst than the Depression times is insane.

I agree.

264 posted on 07/11/2008 8:38:55 PM PDT by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewis)
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To: jveritas
You mean we are going to have over 25% unemployment rate? Get hold of yourself people and stop the over blowing of things. Yes we are in tough times but to go that stupidly and predict a situation worst than the Depression times is insane.

I doubt we are heading for a great depression right now, but the proposition that one CANNOT happen again isn't really valid.

And I can say that if we do avoid a bad result, it will be in spite of our elected officials and business leaders.
267 posted on 07/11/2008 8:49:16 PM PDT by Arkinsaw
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To: jveritas

I have to agree with you.

Times aren’t great...but this isn’t the first economic down turn this nation has had. It most likely won’t be the last. The 70’s were horrible. Example: gasoline was expensive for the time and you had to wait in line to get it. In my area, there were massive foreclosures.

The article says this is the second biggest bank closure since 1984. I don’t recall that bank or what followed. But we are still here.

I don’t think I’ll go buy a new Sealy Posturpedic this weekend to hide my $3.00 in...not yet anyway.


279 posted on 07/11/2008 9:04:56 PM PDT by berdie
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