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Old 07-16-2008, 06:02 PM
ocean_314 ocean_314 is offline
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Default Democrats in congress are doing everything to destroy the economy

Here is the latest. Congressman Charles Schumer D New York sent a letter to the Federal Reserve question the solvency of the bank Indy Mac. Schumer also sent this letter to the press which caused the run on the bank.
This also came close to causing an overall crisis withing the banking system.
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Old 07-16-2008, 08:00 PM
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Really? I was under the impression that democrats in congress weren't doing a dam thing!
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Old 07-16-2008, 08:07 PM
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Maybe the economy completely crashing would be just what we need.
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Old 07-16-2008, 08:23 PM
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Quote:
Originally Posted by ocean_314 View Post
Here is the latest. Congressman Charles Schumer D New York sent a letter to the Federal Reserve question the solvency of the bank Indy Mac. Schumer also sent this letter to the press which caused the run on the bank.
This also came close to causing an overall crisis withing the banking system.
And what about the close to a trillon dollar war on Iraq. This has helped the economy?
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Old 07-16-2008, 09:01 PM
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Quote:
Originally Posted by ocean_314 View Post
Here is the latest. Congressman Charles Schumer D New York sent a letter to the Federal Reserve question the solvency of the bank Indy Mac. Schumer also sent this letter to the press which caused the run on the bank.
This also came close to causing an overall crisis withing the banking system.
Brilliant. It's not the fact that the bank is insolvent.......it's that people KNOW about the insolvency that's the real problem.

Are you in charge of membership for the head in the sand club?
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Old 07-17-2008, 08:01 AM
ocean_314 ocean_314 is offline
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Brilliant. It's not the fact that the bank is insolvent.......it's that people KNOW about the insolvency that's the real problem.

Are you in charge of membership for the head in the sand club?
The bank became insolvent only after the run on the bank. When everyone wants their money at once any bank will become insolvent.
Democrats are desperate Obama is one of the most unelectable people to ever run for president. They will do anything for the power that comes with a democratic congress and president.
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Old 07-17-2008, 11:55 AM
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The war on terror is a very expensive contributing factor to our economic outlook...

Dems aren't going to let warmongers trash the economy through war, and then use more conservative solutions to try and push their agenda further (drill more oil). Theres plenty of fields that could be drilled right now, why more?

Repubs should probably be lucky they've gotten as far as they have. They have likely sacrificed the next presidential position already.
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Old 07-18-2008, 09:22 AM
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Repubs should probably be lucky they've gotten as far as they have. They have likely sacrificed the next presidential position already.

Oh, don't worry...come November the Repubs will come out on top.
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Old 07-18-2008, 09:29 AM
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Well maybe the authorization of 8 years of unbalanced budgets has something to do with it. Guess what GOP, for 6 of those years you guys owned the Executive and Legislator and yet you try to pin this on the Dem's?
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Old 07-18-2008, 09:50 AM
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I'm sure Dems power stuggle with capitalism is at odds. Dems=more government with more control, capitalism=independence. Dems doomsday surogates have lead to reports of recession for more than a year, even though technically our gdp is still growing. Doomsday for Iraq, according to dems has been failing before and after the surge. Gorebal warming, which demands all americans conserve, with the exception of Gore and his rich followers who don't have to conserve because the sheep have been convinced they are going to kill of all civilazation if they don't conserve
Dems want and need the citizens of America to trust and come to the government for all their woes, this is shown in their policies. Most americans appreiciate the right of individuals to make decisions for themselves and their families without interference from government regiulations.
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