Greenspan and Bernacki have been awful. They both raised interest rates when they knew there was a ton of mortgages that would go into default.
Both should be tar and feathered. ************************************************* Barack Obama is not My President http://www.cafepress.com/rightwingmike --- On Thu, 11/6/08, Nicholas Geti <[EMAIL PROTECTED]> wrote: > From: Nicholas Geti <[EMAIL PROTECTED]> > Subject: Re: [OT]Stock market not impressed with Obama > To: "ProFox Email List" <profox@leafe.com> > Date: Thursday, November 6, 2008, 1:29 PM > ----- Original Message ----- > From: "Garrett Fitzgerald" > <[EMAIL PROTECTED]> > To: "ProFox Email List" <profox@leafe.com> > Sent: Thursday, November 06, 2008 12:48 PM > Subject: RE: [OT]Stock market not impressed with Obama > > > >> Well, how stupid are you? Anyone who watches the > stock market at all > >> knows > >> that it anticipates the future economic picture by > six months. Analysts > >> are > >> already speculating about the Obama effects and > making their trades. It > >> is > >> obvious you know nothing about how our economy > works. > > > > Right. That's why the stock market crashed _after_ > the mortgage > > crisis, instead of 6 months before. > > > > Look, _nobody_ knows how our economy works. It's a > group hallucination. > > > > > > _______________________________________________ > Well, I do. I had complained about Greenspan for years and > finally it has > been proven he was totally wrong and he now semi-admits it > during the latest > Congressional inquiry. > > The stock market is crashing because it foresees a major > recession ahead and > a long time before it recovers not because two months ago > Lehman Brothers > and others defaulted. If there were no sense of a > recession, the market > would be going up right now. In fact there were a number of > attempts for the > market to recover until it became clear that the recession > is upon us. > > > > _______________________________________________ > Post Messages to: ProFox@leafe.com > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
