Posted on 03/03/2009 7:34:49 AM PST by SeekAndFind
I like to think of this time as a political/financial 9-11. 1933 doesn’t apply quite as well to these times.
Crappy Days Are Here Again
with apologies to [Music and Lyrics by J. Yellen and M. Ager]
So long sad times
Go long bad times
We are rid of you at last
Howdy gay times
Cloudy gray times
You are now a thing of the past
Crappy days are here again
The skies above are clear again
So let’s sing a song of cheer again
Crappy days are here again
Altogether shout it now
There’s no one
Who can doubt it now
So let’s tell the world about it now
Crappy days are here again
Your cares and troubles are gone
There’ll be no more from now on
From now on ...
Crappy days are here again
The skies above are clear again
So, Let’s sing a song of cheer again
Crappy times
Crappy nights
Crappy days
Are here again!
More like 1938 Europe
LOL 1933 coming again? It’s here and probably already passed....wishful thinking Steve....This is gonna be alot worse.
Yep and the dumb shits that have been elected to run the country are out to make sure it happens.
More 1776 and 1861.
I still shake my head everday in amazement that we’re here...and we let it get here....so quickly, without challenging anything and the people primarily responsible are the people telling me I’ve got to pay..while they don’t pay...
Yes we need to go back to “mark to fantasy” based accounting, yeah right.
Right on.
Consider for a moment that they’re not dumb, but have a purpose. It’s called “power”. Got enough food in the pantry? Bottled water? How about ammo?
We are suffering from economic terrorism. Problem is: it is our government doing the terrorising.
Instead of a heart attack a better description would be gangrene in the feet. Either the feet will have to be removed and we deal with the consequences, or if you delay the decision the rot will spread and kill the patient. AIG is at the top of the list of many rotting banks - continually handing them money is dooming the life of the patient.
>>>>>>President Obama could steal the tax issue once and for all from the GOP if he took up the flat tax.
Steve, you're dreaming.
hope you enjoy the bank nationalizations
They need to put back in the uptick on short sales.
I read somewhere that the banking crisis was caused when they blocked short sales on a handful 15 major banks. The hedge funds were left with only a few banks to establish hedge positions against and that caused so much short selling in those few banks that it caused them to fail, resulting in a general lack of confidence in banking in general.
They need to find a way to avoid this situation ever occuring again. Either never block short trading in a portion of an industry, or block it in the entire industry.
But they also need to block the uncovered short trading. And put in place severe penalties for failure to deliver.
Another example of a billionaire who touts the "free market" but is suddenly pleading for the government to come in and buyout everything.
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