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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (718215)5/28/2013 4:17:24 PM
From: Jorj X Mckie  Read Replies (1) of 1582489
 
So, as with Clinton, your side will insist it's a coincidence......lolol

Would you prefer that we give him all of the credit? If so, he gets all of the blame for the crash too. The fact is, there is a certain amount of it that was cyclical. It was going to happen anyway. Clinton certainly did exacerbate the problem with his economic policies. And so it wasn't a coincidence that the mania got so far out of hand that we are still suffering the consequences today.

Restaurants open and close all the time, in good times and bad... If the restaurant is good, they won't have to close.

that has nothing to do with the discussion.


And this is a bad thing?


Yes, absolutely it is a bad thing. We should have learned that trying to manipulate the market upward has consequences. It happened under Clinton and it happened under Bush. Both artificially stimulated the market and both saw crashes. When we mess with the market it increases the amplitude and frequency of the market cycles. Sure the booms are fun, but the busts are a real bitch. Obama will have his bust too. Our markets are not healthy.
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