[NonValueAdded]

More and more it seems like the Panic was engineered.

[tubebender]

and the timing was spot on...

[ClearCase_guy]

Exactly right: The economic problems are real -- but the Panic in September was engineered and timed perfectly. I do think that John McCain might have turned it to his advantage, but that was beyond him, and the Bush administration provided no support for a free market solution whatsoever.

I'm reminded of the quote from Sir Edward Grey: "The lamps are going out all over Europe; we shall not see them lit again in our lifetime."

The free market worked well, as did our republic. Now both are gone.

[callisto]

More and more it seems like the Panic was engineered.

It was.

Shumer triggered the run on Countrywide, and Reid started the fallout with insurance companies. Maybe another Freeper can post the photo of Paulson, Pelosi, Reid, Shumer, et al when they had their photo op after signing the bailout theft bill. One wouldn't think that Paulson would be as ecstatic as he is in the picture if the country was in the dire straits he claimed to get the bills passage. I get the creeps everytime I see the photo.

[meyer]

More and more it seems like the Panic was engineered.

It was engineered, but couldn't have been if conditions weren't a little shaky anyway. The housing bubble was destined to burst, and with it, those democRAT-induced loans forced upon banks by the Community Reinvestment Act (and enforced by groups such as ACORN, and accepted by the Bush White House) were going to go belly-up. Conditions were good. All it took was a few negative words from the left, and perhaps some orchestrated shorting by Soros and the off-shore friends of Obambi and the whole thing could unravel.

I wonder if they expected such a large drop in the DOW. They've just stolen about 40% of peoples' retirement savings with their trickery.