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Old 08-08-2011, 8:18am   #21
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Originally Posted by RetiredSFC 97 View Post
explain what our problems are, when they became a problem, and what legislation created them, if you can.

Please don't take the liberal position of laughing at problems the liberals created.
Once again ... research the last two quarters of 2008
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Old 08-08-2011, 8:22am   #22
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Once again ... research the last two quarters of 2008
research the housing bubble











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Old 08-08-2011, 8:24am   #23
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At least get your facts straight. Clinton was the one who allowed for the derivative boondoggle.

he has even said that was a mistake. day late and dollar short of course.

Our whole economic mess can be traced directly back to your hero clinton.
Yeah but you see, Clinton listened to guys like Cheney, George Will and Phil Gramm and even Bush 1 who pretended they were dems for the moment to get inside ...

George Will is in the news again this morning bashing these guys for all this ... except himself ...
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Old 08-08-2011, 8:25am   #24
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Yeah but you see, Clinton listened to guys like Cheney, George Will and Phil Graham and even Bush 1 who pretended they were dems for the moment to get inside ...

George Will is in the news again this morning bashing these guys for all this ... except himself ...

Phil Graham was actually a life-long democrat who changed affiliation late in his career so he could keep getting reelected in TEXAS.
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Old 08-08-2011, 8:27am   #25
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Rule 48 Invoked:


Boys And Girls: It's Rule 48 Time | ZeroHedge


Yee-haw !!!


Exactly What is ‘Rule 48′

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Originally Posted by WSJ
(a) In the event that extremely high market volatility is likely to have a Floor-wide impact on the ability of [Designated Market Makers] to arrange for the fair and orderly opening, reopening following a market-wide halt of trading at the Exchange, or closing of trading at the Exchange and that absent relief, the operation of the Exchange is likely to be impaired, a qualified Exchange officer may declare an extreme market volatility condition with respect to trading on or through the facilities of the Exchange.

(b) In the event that an extreme market volatility condition is declared with respect to trading on or through the facilities of the Exchange, a qualified Exchange officer shall be empowered to temporarily suspend at the opening of trading or reopening of trading following a market-wide trading halt: (i) the need for prior Floor Official or prior NYSE Floor operations approval to open or reopen a security at the Exchange (Rules 123D(1) and 79A.30); and/or (ii) applicable requirements to make pre-opening indications in a security (Rules 15 and 123D(1)).
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Old 08-08-2011, 8:27am   #26
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Phil Graham was actually a life-long democrat who changed affiliation late in his career so he could keep getting reelected in TEXAS.
True ... how can you trust a man who wears both a belt and suspenders ? ... he can't even trust his own pants ....
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Old 08-08-2011, 8:31am   #27
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George Bush: we want everybody in America to own their own home. That's what we want.

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