Article

2011-09-09 Economy

Did Bin Laden trigger the financial meltdown?

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Posted by ryuge 2011-09-09 08:00|| || Front Page|| [11128 views ] Top

#1 There is plenty of blame to go around, but bin Laden shouldn't get much compared to Greenspan and Bernanke. And the easy money goes back to the Asian financial crisis of 1997. The central bankers have shown themselves unworthy of their power ever since.

Posted by Nimble Spemble 2011-09-09 09:35|| 2011-09-09 09:35|| Front Page Top

#2 If the $1.3 trillion spent on the war(s) since 2001 can be blamed for making the economy sick, what has the $4.5 trillion of deficit spending over the last three years done? Let's treat the patient's hemorrhage with leeches - once all his blood is gone the bleeding will stop!

Posted by Glenmore 2011-09-09 09:41|| 2011-09-09 09:41|| Front Page Top

#3 I agree with NS. The economic disaster plays into the hands of the jihadis, but they didn't have that much to do with it.

Posted by Anguper Hupomosing9418 2011-09-09 12:10|| 2011-09-09 12:10|| Front Page Top

#4 Congress did (with the help of Presidents, what bin Laden could only dream of doing, and that is to destroy the economy by deficit spending. So who is the bigger threat to our existence as a nation? When push comes to shove?

Posted by Alaska Paul 2011-09-09 12:40|| 2011-09-09 12:40|| Front Page Top

#5 So who is the bigger threat to our existence as a nation? The USA is its own worst enemy. Pogo said it even better.

Posted by Anguper Hupomosing9418 2011-09-09 13:24|| 2011-09-09 13:24|| Front Page Top

#6 "We has met the enemy and he is us."

Posted by Barbara 2011-09-09 14:54|| 2011-09-09 14:54|| Front Page Top

#7 "Did Bin Laden trigger the financial meltdown?"

No - Soros did.

Posted by Barbara 2011-09-09 15:12|| 2011-09-09 15:12|| Front Page Top

#8 Greenspan, Bernanke, Paulson, Geithner, Frank, Dodd, Bubba Clinton, etc., etc., etc. The bubble was a long time expanding. It started way before 9/11. There were an awful lot of people who just had to know the status quo was not sustainable and that sooner or later the bubble would have to pop. None of them was bin Laden.

Posted by Ebbang Uluque6305 2011-09-09 16:52|| 2011-09-09 16:52|| Front Page Top

#9 The hell of it is that our financial problems will make waging the WOT even more difficult. At what point does that kind of malfeasance become treason?

Posted by Ebbang Uluque6305 2011-09-09 16:57|| 2011-09-09 16:57|| Front Page Top

#10 please be clear on the "Frank" allusions. He is not a member of the Army of Frank (AOF). We don't practice DADT for flaming criminal liars. He was discharged, in all sense of the word

Posted by Frank G 2011-09-09 20:07|| 2011-09-09 20:07|| Front Page Top

#11 At what point does that kind of malfeasance become treason?

Who cares? Malfeasance is sooooo much easier to prove. Like sending mafioso to jail for tax evasion.

Posted by trailing wife 2011-09-09 20:43|| 2011-09-09 20:43|| Front Page Top

#12 You discharged Bawney?

Posted by Nimble Spemble 2011-09-09 21:12|| 2011-09-09 21:12|| Front Page Top

#13 The US + its way of life is ultimately in an existential, decades-n-generations long struggle wid Radical Islam + aligned, as the Islamist Jihad is GLOBAL/UNIVERSAL in scope, + is waging said struggle wid a Volunteer Army + a free-market national, global economy not mobilized for such a war.

THE GOOD NEWS IS THAT OUR DEBT, DEFICIT PROBS IS BAD, BUT N-O-T THE WORST IN THE FREE = ENTIRE WORLD.

Posted by JosephMendiola 2011-09-09 21:16|| 2011-09-09 21:16|| Front Page Top

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