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This is pretty stupid, EP.
the graph doesn’t go straight down when I tilt my head…
1 How could he be stupid? He went to Yale and HBS.
@3
LEGACY! Thanks grand-daddy and daddy!
Dow up 400… cry wolf babies..
how many bunker-busters will it take to get the economy to cooperate. hmmm, carry the 1…
OK. Enough with the W.-knocking. I don’t like him much, but he didn’t cause this fuckfest…you could argue Clinton administration and “affordable housing push for people who could never afford homes in the first place” policy decisions did.
I don’t even like W. but this post is what’s wrong with 80% of Americans who think this is just a Wall Street problem created by the Republicans.
this is Greenspan’s problem
@7 The is a Wall Street problem created by republicans.
The Guy From Dellawhere.
After nailing yesterday’s bottom, financialtraders.blogspot.com has just issued a call to take the profits with NDX (nasdaq-100) at 1580. 80 NDX profits in less than 5 hours of trading!
http://financialtraders.blogspot.com/2008/09/nq-qqqq-ndx-qid-stock-trading-profit.html
Yeah, and when he was President in 1998 last time we had a massive credit crunch that made the markets puke…oh, wait. Wrong guy.
Dear Mr. Ben Bernanke:
Your housing bailout bill is a travesty. You are forcing the American taxpayer to pay $700 billion dollars to wealthy wall street bankers who made risky, highly speculative, over-leveraged investments. These bankers need to be put in jail for violating the Sarbanes-Oxley Act, not rewarded with taxpayer dollars. You were hired to defend the US dollar not destroy it by recklessly lending to speculators on Wall Street. You need to wise up and come out against this bill.
Yours,
The American Taxpayer
EP and Bess both suck, go blog for the ACLU or some $hit…
@13- bess didn’t post this, genioso
bring back Carney
i don’t get it
Yeah, I agree with some posters that the outright hate for Bess is over the top, but give me a break. It is fine that you are liberal, you are an NYC journalist who went to Amherst(?), but it is stuff like this that just makes you both look incompetent. I am fine with political discussion and hate both ways for humors sake, but your liberal bias is coming out no matter how much you tell yourself it isn’t. Great job lately, but can we cut back on this crap.
14 – note the word BOTH. “Genioso” isn’t even English, are you a foreigner? Go back to the 3rd world and help improve your country before you talk about the USA.
Presented without comment: http://www.wlwt.com/image/17590422/detail.html
Presented Without Comment:
http://www.wlwt.com/image/17590422/detail.html
@ 12, go look up the definition of “Narrative Fallacy.”
You are a simpleton.
Greenspan didn’t close the window. He let the stank out!
“Go back to the 3rd world and help improve your country before you talk about the USA.”
We’re headed there mate, won’t have to go anywhere.
@7, actually Bush wall all about the “Great Ownership” society and championed along with Congress policies to facilitate loans to the poors…i blame 1. Greenspan, 2. Bush, 3. Poors
@21 You cynicaly root for a bailout because it will personally benefit you. The reality is with the bailout bill as currently written you will be creating a moral hazard of more speculative lending and greater inflation. We need to defend the dollar and drive out the speculators. Sarbanes-Oxley manadates that these bankers tell the truth. They failed and now these bankers must go to jail.
@19-20 and now, with comments?
@17 said, “Yeah, I agree with some posters that the outright hate for Bess is over the top, but give me a break. It is fine that you are liberal, you are an NYC journalist who went to Amherst(?), but it is stuff like this that just makes you both look incompetent. I am fine with political discussion and hate both ways for humors sake, but your liberal bias is coming out no matter how much you tell yourself it isn’t. Great job lately, but can we cut back on this crap.”
are you a moron? or just blind. bess didn’t do this post, EP did.
the amount of people on this site who can’t read a simple byline is astounding.
Re: 12
Ben Bernanke responded to my e-mail:
Dear Mr. X:
Thank you for your thoughtful correspondence to Chairman Bernanke and for your suggestions for relieving the current strains on the U.S. financial system. Healthy economic growth depends on well-functioning financial markets. Consequently, helping the financial markets to return to more normal functioning will continue to be a top priority of the Federal Reserve. Again, we thank you for sharing your ideas. Please be assured that the Federal Reserve is working diligently to find and implement the best and most sustainable solutions to the current economic challenges. Sincerely, JPDBoard Staff
@17 Not only are you a moron, but you have somehow failed to pick up on the fact that EP is a raging conservative. She also happens to be pro-competence, which is in short supply in Washington everywhere but the Treasury.