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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (123779)	10/14/2012 8:01:13 PM
From: Sr K	Respond to of 149317

That - your post - is bullshit. That's not what Bloomberg News thinks. That is an opinion piece, by Evan Soltas [who] is a contributor to the Ticker. Now you're like a broken record, a 41-year broken record.

To: RetiredNow who wrote (123779)	10/16/2012 12:14:44 AM
From: John Vosilla	Read Replies (2) \| Respond to of 149317

The similar role played by housing in the Great Depression and Great Recession is remarkable. Seems we had way more leverage built in both the consumer and financial community plus HELOC extraction force feeding middle class overconsumption this cycle. In both cases wealth disparity reached a record peak. In the prior 20's cycle we had an out of control stock market bubble more comparable to the late 1990's than the more tame 2000's recovery.. Because of this maybe the blows of the 1930's US or 1990's Japan weren't felt to the same extent in the corporate sector this downturn.. All I know is the GOP mantra's of more tax cuts for the very well off,doubling down on the MIC, deregulation yet again for the robber barons don't sit well with me at all not coming close to addressing the real problems.. All that kept us from Great Depression 2 were Bernanke and bullet proof corporate balance sheets fully recovered via cost cutting and efficiencies from their near collapse of 2001-03..