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2008-11-03 Home Front Economy

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Posted by Frozen Al 2008-11-03 11:38|| || Front Page|| [5 views ] Top

#1 I applied for and was accepted for 3 new credit accounts last month. I don't need them. I'm not going to use them. Getting them was easy. Easier than I thought, given all the doom and gloom reporting.

Not that I am terribly surprised by this.

Posted by Minister of funny walks 2008-11-03 13:50|| 2008-11-03 13:50|| Front Page Top

#2 I've noticed the world hadn't gone all black and white on us yet.

Posted by .5MT 2008-11-03 14:06|| www.cybernations.net]">[www.cybernations.net] 2008-11-03 14:06|| Front Page Top

#3 Well, yes, I've noticed its horrible effects. We've only gotten one preapproved credit card application and one balance transfer offer today.

Posted by Cornsilk Blondie 2008-11-03 15:21|| 2008-11-03 15:21|| Front Page Top

#4 THEN WHAT THE HELL IS THE PROBLEM?????????

This makes no sense at all. If they are correct, then what caused the severity of the problem in the first place.

Would I be paranoid in thinking that this was a huge hyperbolic Sham-Wow set up to get $700B for bonuses and political news?

Posted by AlanC 2008-11-03 16:11|| 2008-11-03 16:11|| Front Page Top

#5 or a sham created by the democrates to change the direction of the election from character to economics.

Posted by bman 2008-11-03 17:09|| 2008-11-03 17:09|| Front Page Top

#6 So why the 700 billion bailout?

Why have a few Primary Dealers effectively gone bust?

Why are interest rates so low?

Why did US debt increase by 500 billion in one month?

Posted by Bright Pebbles 2008-11-03 18:07|| 2008-11-03 18:07|| Front Page Top

#7 It does no good to point out myths and fail to give an explanation, nor even a description, for current events.
James (son of John) Kenneth Galbraith was interviewed in the Friday NYT about all the economists who failed to predict the current crisis:
"Its an enormous blot on the reputation of the profession. There are thousands of economists. Most of them teach. And most of them teach a theoretical framework that has been shown to be fundamentally useless."

Posted by Anguper Hupomosing9418 2008-11-03 20:35|| 2008-11-03 20:35|| Front Page Top

#8 WORLD MILITARY FORUM > US, WORLD SUFFERS FEW LOSSES IN KEY ECONOMIC INDUSTRIES DESPITE FINANCIAL CRISIS; + US BANKING CRISIS IS A [covert] POLITICAL BLACK SHROUD/CURTAIN FOR US GLOBAL IMPERIALISM; + MELAMINE: PEOPLE OF THE US, EUROPE BEING DEFRAUDED BY THEIR OWN GOVTS, NOT BY CHINA.

Posted by JosephMendiola 2008-11-03 22:25|| 2008-11-03 22:25|| Front Page Top

23:49 JosephMendiola
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