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Posted
From MSN:

In 1980 and 1982 Congress had tried to help the financially troubled banking industry with legislation that allowed savings and loan associations to make riskier investments than they had previously been permitted. After the new laws were passed, more than 1000 savings and loan associations went bankrupt due to combinations of poor banking practices, poor government regulation, and outright corruption. In February 1989 Bush released a comprehensive plan to bail out the industry, and Congress reacted rapidly, rewriting oversight regulations and creating the Resolution Trust Corporation to take over bankrupt savings and loan associations and sell off their assets. Ultimately the bailouts cost taxpayers hundreds of billions of dollars.

We're there again.
 
Posts: 450 | Location: Jersey City | Registered: 07 July 2008Reply With QuoteEdit or Delete MessageReport This Post
"Give more ulcers than you get!"
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NO, D, "WE" NEVER WILL LEARN. BECAUSE AS LONG AS THIS COUNTRY ALLOWS MORONS TO VOTE (NO NAMES NECESSARY) IT WILL CONTINUE TO BE AS STUPID AS ITS 'PEOPLE.'
 
Posts: 2840 | Location: WHERE YOU GONNA RUN, WHERE YOU GONNA HIDE...? | Registered: 25 July 2005Reply With QuoteEdit or Delete MessageReport This Post
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quote:
Originally posted by BELMONT GIRL:
NO, D, "WE" NEVER WILL LEARN. BECAUSE AS LONG AS THIS COUNTRY ALLOWS MORONS TO VOTE (NO NAMES NECESSARY) IT WILL CONTINUE TO BE AS STUPID AS ITS 'PEOPLE.'


I guess only liberals should vote.
 
Posts: 309 | Location: Monument Valley, UT | Registered: 13 September 2008Reply With QuoteEdit or Delete MessageReport This Post
"Give more ulcers than you get!"
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Well, "ETHAN," look at where the "CONSERVATIVES" have landed us after only 8 years! Are YOU happy about things?
 
Posts: 2840 | Location: WHERE YOU GONNA RUN, WHERE YOU GONNA HIDE...? | Registered: 25 July 2005Reply With QuoteEdit or Delete MessageReport This Post
Set
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Isn't it interesting that the last time we had a recession, the president's name was Bush and we had just fought a war in the middle east.

Some things never change.


“I know that a successful war against Iraq will require a US occupation of undetermined length, of undetermined cost, with undetermined consequences. I know that an invasion of Iraq without a clear rationale and without international support will fan the flames of the Middle East, and encourage the worst, rather than the best, impulses of the Arab world, and strengthen the recruitment arm of al Qaeda. I'm not opposed to all wars. I'm opposed to dumb wars.” Barack Obama 2002
 
Posts: 537 | Location: Your worst nightmare. | Registered: 10 August 2008Reply With QuoteEdit or Delete MessageReport This Post
"Give more ulcers than you get!"
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I was thinking that same exact thing.....and then WHO won the Presidential election that followed...?
 
Posts: 2840 | Location: WHERE YOU GONNA RUN, WHERE YOU GONNA HIDE...? | Registered: 25 July 2005Reply With QuoteEdit or Delete MessageReport This Post
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SATAN
 
Posts: 428 | Location: arthur ave. | Registered: 21 August 2008Reply With QuoteEdit or Delete MessageReport This Post
Set
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quote:
Originally posted by scoocharella:
SATAN


No, he came after Clinton.


“I know that a successful war against Iraq will require a US occupation of undetermined length, of undetermined cost, with undetermined consequences. I know that an invasion of Iraq without a clear rationale and without international support will fan the flames of the Middle East, and encourage the worst, rather than the best, impulses of the Arab world, and strengthen the recruitment arm of al Qaeda. I'm not opposed to all wars. I'm opposed to dumb wars.” Barack Obama 2002
 
Posts: 537 | Location: Your worst nightmare. | Registered: 10 August 2008Reply With QuoteEdit or Delete MessageReport This Post
"Give more ulcers than you get!"
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NO, Set, SATAN is the VICE PRESIDENT. Bush is just Alfred E. Neuman, all grown up.
 
Posts: 2840 | Location: WHERE YOU GONNA RUN, WHERE YOU GONNA HIDE...? | Registered: 25 July 2005Reply With QuoteEdit or Delete MessageReport This Post
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