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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (85322)	9/16/2008 5:29:53 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116555

nope Kona is a precursor to Maui/Oahu down 30% plus from 05 and still no bottom in site. layoffs and businesses closing every day. Never seen anything like it.

To: NOW who wrote (85322)	9/16/2008 5:57:14 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 116555

Blame Game ==== Pelosi: Dems bear no responsibility for economic crisis By Klaus Marre Posted: 09/16/08 04:14 PM [ET] House Speaker Nancy Pelosi, when asked Tuesday whether Democrats bear some of the responsibility regarding the current crisis on Wall Street, had a one-word answer: “No.” Pelosi (D-Calif.) ripped President Bush’s “mismanagement” of the economy and a lack of regulation that led to the current situation. “I think the American people have had it with this situation where the middle-income people in our country are not protected from the ramifications of the risk-taking and the greed of these financial institutions,” Pelosi told MSNBC. When asked whether the Democrats “deserve some responsibility” regarding the economic crisis, Pelosi responded: “No.” “John McCain said that this is a result of overregulation by the Democrats in Congress,” she added. “Either he doesn’t know what he's talking about or he’s misrepresenting the facts as he knows them. But it’s simply not true.” Republicans responded quickly, pointing out that a Congress led by Democrats had not helped the economy. “The Pelosi-Obama Congress has failed to pass an all-of-the-above energy plan, failed to stop earmarks, and failed to break the partisan gridlock that plagues Washington,” RNC spokesman Alex Conant said. “If Pelosi thinks the Democratic Congress is doing a good job handling the economy now, then just imagine how bad our economy would be if Democrats controlled the White House, too.”