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Politics : President Barack Obama

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To: RetiredNow who wrote (128512)12/7/2012 8:21:57 PM
From: John Vosilla  Read Replies (1) of 149317
 
If I go mortgage my house to buy a Ferrari to impress my neighbors, will they think I'm a rich man?

I seem to recall the height of all this nonsense was Reaganomics and Bush's Ownership Society that both lead to a financial crisis. So the uptrending credit super cycle basically lasted from 1982-2007, burst and we averted another depression via mad man Ben while too many Gilded Age robber barons got bailed out unlike the 1930's where most everybody suffered . Why is anything you are saying something new that a few of us figured out long before it became mainstream?
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