Warned us about the 2008 housing and stock marketbubble crash that is...
http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1
Warned us about the 2008 housing and stock marketbubble crash that is...
http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1
~Nemo me impune lacessit~
Bush warned about Freddie and Fannie all the way back in 2003. Frank and Dodd are despicable, but nothing new here.
And now there is this little nugget:
http://nation.foxnews.com/solyndra/2...-solyndra-loan
The White House noted to ABC News that the Bush administration was the first to consider Solyndra's application and that some executives at the company have a history of donating to Republicans.
The results of the Congressional probe shared Tuesday with ABC News show that less than two weeks before President Bush left office, on January 9, 2009, the Energy Department's credit committee had voted against offering a loan commitment to Solyndra.
Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of "a major outstanding issue" -- namely, that Solyndra's numbers showed it would run out of cash in September 2011.
For peace of mind, resign as general manager of the universe
otherwise I would have never been able to afford the house I bought yesterday. I paid less than half the market value, Thank you Frankie.....Now, the housing market needs to be fixed because I need to sell this house I live in now so I can get out of the friggin' city.....chris3
Last edited by coppertales; 09-17-2011 at 06:58 PM. Reason: fix comment
Yes, we're in the same boat - have the new place and need to sell the current one...
I really do feel a sense of urgency in this too = I think we are too damned close to shit really going down.
It could be pushed sooner than expected - and the fed has no "ammo" left to stop it once it starts...
~Nemo me impune lacessit~
Yup...Dubya recommended a new Department of Regulation. WHATTA GUY ! (asshole)
Wart
And then the dems approved a sweeping bill in 2009 devised by Barney's Frank and Kennedys f-buddy Chris Doddle, that allows the govenment to take over whatever company they see fit with no guidelines as to what "to big to fail" means and no need for congressional approval (to name just one aspect of the bill that has f-cked america in its collective azzoles.).
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