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Old 2008-01-24, 10:47 AM   #26
JustRobert
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Quote:
Originally Posted by Ramster View Post
Interest rate cuts in 2000-2001 is what put the economy where it is today with the sub prime mortgage crisis and the fate of the low US dollar around the world.
I totally agree with this. I believe a lot of people have forgotten this. It was a bandaid to curtail a recession for war. Our leaders, in so many words, told the people to go out borrow and spend to keep the country alive which created a much Larger problem.

As docholly stated, most will forget and blame the current leader. I saw last night that some are already blaming democrats for this on the basis that they may win the upcoming election.
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Old 2008-01-24, 11:02 AM   #27
Jim
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Originally Posted by JustRobert View Post
I saw last night that some are already blaming democrats for this on the basis that they may win the upcoming election.
I saw that as well. Mostly people from Fox.
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