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In December 2007, the United States entered the longest post-World War II recession, which included a housing market correction, a subprime mortgage crisis, soaring oil prices, and a declining dollar value.
Under the Bush Administration, real GDP grew at an average annual rate of 2.5%,considerably below the average for business cycles from 1949 to 2000.
It is obvious you think this is your own private sandbox. Unfortunately it doesn’t work that way on ATS. I’ll let the mods can judge the intent of my contribution if you don’t mind.
I am afraid you are sadly mistaken. It was NOT my intent to be partisan.
I am here to learn, so educate me.
Aren't you supposed to exhibit a willingness to help others?
Though I couldn't stomach to vote for Obama, but I would have gladly supported him if he turned that lunatic Attorney General of his loose on Wall Street. He hasn't, things ARE NOT getting better and with the passing of time his ability to blame his predecessor diminishes and the ownership of our current malaise rests more and more on his shoulders.
Originally posted by silent thunder
reply to post by Rockpuck
Lincoln also acted contrary to the howls of the Bankers and created the Greenback.
We need an administraion and congress with the stones to make similarly radical moves. Simply close the Fed -- end central banking in America -- this is within the range of the President/Congress but unfortunately the office of the presidency has been turned into a simpering sock-puppetry for the Goldman Sachs Alumuni Societies (ie the Fed and the Treasury). Result: These scumbags are running the economy into the ground for fun and profit (mostly profit). Its more complex than that but you get the pic.
We should have known that nothing would be different when Obama and McCain both supported the original Bail Outs even as millions brought down the House Communications lines voicing extreme anger.... We didn't even get an option to vote.. they both stood for the exact same thing..
All they have to do is look and set aside partisan politics and it's easy to see. Hell, there have been countless threads on ATS proving it but either people aren't looking at them or they are denying it all together.