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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Steve Dietrich who wrote (103446)	7/18/2007 10:06:36 PM
From: Peter O'Brien	Respond to of 173976

no "cause and effect"? A "decade long" depression just happened that way? Bad policy did not contribute to it being a decade long? Similarly, good policy did not contribute to the 2001 recession being "mild"? It just happened that way?

To: Steve Dietrich who wrote (103446)	7/18/2007 10:09:56 PM
From: Peter O'Brien	Respond to of 173976

One could argue that June 1930 was the real beginning of the Great Depression (signing of Smoot-Hawley tariff). The market had actually recovered most of its losses from late 1929 by early 1930. theoptiontrader.com theoptiontrader.com