Who's responisble for the recession in the US?

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  • J. Falcon
    www.AdultCopywriters.com
    • May 2006
    • 31587

    #1

    Who's responisble for the recession in the US?

    People who voted Bush into the white house. People who voted for him twice, your shame should be doubled. Fucking idiots.
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  • Phoenix
    BACON BACON BACON
    • Nov 2002
    • 35475

    #2
    well doubtful he was ever voted in.

    they took power and then took about 4 trillion dollars

    gangsta
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    • J. Falcon
      www.AdultCopywriters.com
      • May 2006
      • 31587

      #3
      How many American companies could have been bailed out if Iraq had never been invaded? How come I never hear anyone asking themselves that question?
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      • Domain Diva
        Too lazy to set a custom title
        • Oct 2007
        • 10180

        #4
        Almost everyone l speak to in the USA claims they didnt vote for Bush but they must have !.

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        • C-Luv
          Confirmed User
          • May 2008
          • 3025

          #5
          The Banks are a large part of the problem
          C-Luv
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          ICQ- 461280620 - Skype- C-luvi

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          • LiveDose
            Show Yer Tits!
            • Feb 2002
            • 25792

            #6
            Thank god we've had a good congress.... LOL HAHAHAHA

            Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

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            • mynameisjim
              Confirmed User
              • Aug 2007
              • 2985

              #7
              Capitalism gone wild has caused most of it. People are starting to realize you can manufacture money. The hedge funds did, all these derivatives, the oil traders (a few adult companies . They all created phony money and sucked it out of the system and left it empty.
              jim (at) amateursconvert . com Amateurs Convert

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              • JamesK
                hi
                • Jun 2002
                • 16731

                #8
                Originally posted by XXXTV Claire
                Almost everyone l speak to in the USA claims they didnt vote for Bush but they must have !.
                They're probably ashamed
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                • sinmaster
                  Confirmed User
                  • Dec 2001
                  • 376

                  #9
                  Originally posted by C-Luv
                  The Banks are a large part of the problem

                  Bingo!

                  Check out the book

                  The Creature from Jekyll Island: A Second Look at the Federal Reserve
                  By: G. Edward Griffin

                  Very detailed explanations how it all works and why failures happen.
                  Seeing everything happening now and reading the book is a trip, sections of the book written years ago are like play-by-play reports of todays happenings.

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                  • PXN
                    Confirmed User
                    • Jun 2008
                    • 1548

                    #10
                    Those who affiliate who do pre-check xsales are partly responsible.

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                    • baddog
                      So Fucking Banned
                      • Apr 2001
                      • 107089

                      #11
                      the tubes

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                      • qxm
                        Confirmed User
                        • Jul 2006
                        • 5970

                        #12
                        Originally posted by baddog
                        the tubes
                        +1.........

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                        • LiveDose
                          Show Yer Tits!
                          • Feb 2002
                          • 25792

                          #13
                          I voted for him twice. Gore & Kerry... lol

                          Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

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                          • Dopy
                            Confirmed User
                            • Feb 2001
                            • 1572

                            #14
                            Americans don?t really have recession; they just buy a $200 fridge instead of a $500. In Europe however it?s a slightly different story.

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                            • DamageX
                              Marketing & Strategy
                              • Jun 2001
                              • 14293

                              #15
                              Originally posted by Dopy
                              Americans don?t really have recession; they just buy a $200 fridge instead of a $500. In Europe however it?s a slightly different story.
                              Whitehat is for chumps

                              If you don't do it, somebody else will - true story!

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                              • tranza
                                ICQ: 197-556-237
                                • Jun 2003
                                • 57559

                                #16
                                Capitalism!!
                                I'm just a newbie.

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                                • Gnus
                                  Confirmed User
                                  • Feb 2005
                                  • 577

                                  #17
                                  Not just one factor is responsible. There are many factors why we are in a recession. To name a few - Oil speculators expecting oil to reach such in such a barrel, home builders building houses the average joe can't afford, banks loaning money to people that obviously could not pay it back. Just to name a few.

                                  Gary
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                                  • Brujah
                                    Beer Money Baron
                                    • Jan 2001
                                    • 22157

                                    #18
                                    blood-drinking reptilian humanoids from the star system Alpha Draconis

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                                    • BenBlingBucks
                                      Registered User
                                      • Mar 2005
                                      • 82

                                      #19
                                      Originally posted by baddog
                                      the tubes
                                      LMFAO!!!!!!! Sooooo true because we're whoring ourselves for crap traffic, training surfers to never pay for anything and destroying the value of our online product.... need I say more?

                                      Back to the topic though.... the economy can only blame itself... due to greed in ALL sectors, mainly bad home loans in the housing market where banks, mortgage firms, brokers, etc... literally gave homes away to those who couldn't even pay off their Macy's cards just to get the mortgage sale.

                                      Think about it, $0 down for a $500,000 home (doesn't seem too smart, does it? LOL).... when it forecloses, that's one big nut for a bank to have locked up in depreciating assets, with no incoming liquid to do anything. Now take that one big nut and multiply it by millions of homes. Wala, we just froze our cash flow, literally.

                                      I've been taking advantage of it though buying up some really nice dirt cheap condos to flip them into good profits. People migrate from homes to condos/apt units during times of recession.... hence one way of creating profit from hard times.

                                      Many people get rich during these times. Think smart. ;)


                                      Peace
                                      Ben

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                                      • Daddy Big Nuts
                                        Confirmed User
                                        • Mar 2002
                                        • 1080

                                        #20
                                        Originally posted by C-Luv
                                        The Banks are a large part of the problem
                                        Banking greed and Congressional stupidity.

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                                        • jerryb
                                          Confirmed User
                                          • Feb 2005
                                          • 588

                                          #21
                                          One word covers it all..........

                                          unions!!
                                          - -

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                                          • pornguy
                                            Too lazy to set a custom title
                                            • Mar 2003
                                            • 62910

                                            #22
                                            Can really blame Iraq, as that has literally created thousands of jobs, and made BILLIONS of the US.
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