|
Re: The Ultimate Wall Street Nightmare
Quote:
Originally Posted by Ferd
wonderful post. I agree this played some roll (and not a small roll) in this mess.
but I think it illistrates a point here.
A couple of people are talking about deregulation by the Bush Adminstration being a cause of the mess. I still would like someone (anyone) to point to speicific legislation pushed by GWB and company, or a set of rule changes made by GWB and company that equals deregulation.
|
I am pretty confident there is nothing they can point to. The fact that the real estate boom/bust industry BOOMED AND went 'BUST' during his term as president, will simply give angry people an effigy to burn.
If BHO gets into office, it could be during his watch that large numbers of persons can watch their equity-backed (in DJIA) IRA's evaporate to 1995 levels (7500). I just do not think a BHO type will be viewed as a calming voice in equity markets.
__________________
Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath [James 1:19]
|
Threaded Mode
