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Thursday, Jul 31, 2014
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2010 Begins the End  
Pendulum Swings  
November 25, 2009 10:52am
 
The DJIA and S&P are trading at or below the range where they were back in 2005. I wouldn’t exactly call that a booming market recovery ....yet. I hope, as does everyone invested in the market, that it will have a huge, booming recovery because my future quality of life depends on it. And I don’t really give a rip if Obama and his toe-sucking, socialist revolutionaries take credit for it. I just want my life savings back!

It will likely be years, however, before we recoup the losses of the devastating policies of the likes of Barney Frank, et al, who placed partisan politics above the national economic interest, legislating, allowing, promoting and ultimately hiding the sub-prime loan fiasco.

And please spare us the usual "it's all Bush's fault" rebuttal. It is futile to deny that the entire crash was caused by the failure of AIG and others, due to their involvement with the bad loans made to people who never should have gotten them, all based on a LIBERAL government policy of feel-goodism. Simplistic view? Yes. Absolutely true? Absolutely, yes!

The real crime of all this is the fact that those truly responsible, like Barney Frank and the executives that went along with it, will never be held accountable. This is due to the ideological complicity of the Media.
     
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