The economy is fucked and we are all paying for it - guess who fucked us all???

**HeadPimp** · 03-31-2008, 06:45 AM

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

**Shaze** · 03-31-2008, 06:48 AM

Originally posted by HeadPimp

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

i never said that. you did.

**DaddyHalbucks** · 03-31-2008, 06:48 AM

Nope. It's the voters.

The voters who elect public officials because of all the entitlements they want the government to provide for them --they're the real culprits.

Entitlements are killing our country.

If you think it is bad now, vote for Hillary or Obama. It will get alot worse when the government is supersized again.

**DaddyHalbucks** · 03-31-2008, 06:51 AM

Originally posted by HeadPimp

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

Stop bringing personal responsibility into it!!!

Next thing you will be telling us is that paying people to make babies will cause people to make more babies to get more money.

It's so much easier just to blame GWB.

**AssPirate** · 03-31-2008, 06:52 AM

agreed. this things are yet to be seen by everyone. A lot are blinds in regards of this things. and not only America is the one affected other countries are too. when the gas in America goes up it will to the other countries

**notoldschool** · 03-31-2008, 06:53 AM

Originally posted by HeadPimp

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

You dont think expanding the federal reserve wasnt part of this plan? You think there wasnt a reason to give out flimsy loans?

**tranza** · 03-31-2008, 07:14 AM

Originally posted by HeadPimp

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

People can't pay their mortgage because they spend all their money on gas!

On a serious note, the dollar have been falling ever since you guys entered the Iraq war.

**Dave PSC** · 03-31-2008, 09:16 AM

I see that once again the economically clueless are pontificating to the uninformed about matters that they have no real understanding. I respect that they may have a personal opionion on potitical matters, but to suggest that the current ceconomic conditions are the direct result of the situation in Iraq is at best irresopsible.

**Fetish Gimp** · 03-31-2008, 09:20 AM

Personally, I blame rap music.

**Eriic** · 03-31-2008, 09:46 AM

The president was on Cnn and said the economy is fine.

**Tom_PM** · 03-31-2008, 10:01 AM

Said long ago that if you invest in oil, pharmaceutical and defense, you are gonna be rich. Which points out the obvious fact that you dont have to be a genius.. etc.

**shermo** · 03-31-2008, 10:04 AM

I blame Marilyn Manson....

**StuBradley** · 03-31-2008, 10:11 AM

Originally posted by Dave PSC

I see that once again the economically clueless are pontificating to the uninformed about matters that they have no real understanding. I respect that they may have a personal opionion on potitical matters, but to suggest that the current ceconomic conditions are the direct result of the situation in Iraq is at best irresopsible.

I know what "pontificating" means but that is the first time I've heard "irresopsible".

**Tom_PM** · 03-31-2008, 10:13 AM

You never heard of irresopsible? Weird.. it's a perfectly cromulent word.

**D Ghost** · 03-31-2008, 10:15 AM

Originally posted by HeadPimp

Riiiight... And the whole issue of mortgage companies giving out loans to people that would never/could never repay them had nothing at all to do with it...

This was also one of the many factors Including the Bush regime that has contributed to the bullshit.

**ADL Colin** · 03-31-2008, 10:16 AM

Originally posted by PR_Tom

Said long ago that if you invest in oil, pharmaceutical and defense, you are gonna be rich. Which points out the obvious fact that you dont have to be a genius.. etc.

I've been heavily in oil, gas and Rx stocks. Oil and gas has been great though gas just took off recently. Pharmacy hasn't been all that great though. Big Pharma faces major patent expirations. Pfizer is trading at the same price it was 10 years ago (though you got the dividends, a nice one right now). Lipitor expiration is coming up. Merck and Shering Plough were just rocked by the bad news on Vytorin. Sanofi has been going sideways for about 4 years. I assume the smaller pharmaceutical companies are facing price pressure from Wal Mart, etc with their $4.00 Generic programs. Then you have the unknown pricing changes which might occur under legislation in the US should a Democrat get elected president. Yeah, I know the government can't negotiate prices under the 2003 Med Modernization law but i could see that changing. Pharma probably ain't bad from here and has great demographics but there are certainly some pricing risks.

**farkedup** · 03-31-2008, 10:20 AM

I'm sure we can blame the jews, blacks and illegal immigrants in there somewhere... Just not sure where... I don't know what it is but I'm sure they did it.

**ADL Colin** · 03-31-2008, 10:30 AM

Originally posted by ADL Colin

I assume the smaller pharmaceutical companies are facing price pressure from Wal Mart, etc with their $4.00 Generic programs. .

Hmmm, the generic Rx's seem to be doing just fine. Maybe Wal mart's pricing is bringing in more volume (uninsured,e tc). Guess I need to read some SEC reports.

The economy is fucked and we are all paying for it - guess who fucked us all???

The economy is fucked and we are all paying for it - guess who fucked us all???

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