First Bear Stearns, then Fannie/Freddie, Now Lehman and Merril Lynch, soon AIG and Washington Mutual! All these brilliant capitalists with the benign neglect from the Bush whitehouse have brought the financial institutions to their knees by their greed and incompetence. Taxpayers have been put on the hook for about $400 b already in rescuing some of these institutions. And all you geniuses want to elect McCain whose chief financial guru said America was in a "mental recession", who himself said he "doesnt understand the economy very well". Between just the firms I listed above, there will be approximately 60k jobs lost in the next 60 days. Oh yeah, somehow someone will blame the democrats for exerting bad karma over GWB's ability to govern! Unemployment has gone from 4% to 6.1% and rising, dollar has been devalued by 40%, surplus's have become massive deficits, your 401k is tanking and we want to give the republicans another 4 years?
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Topic: Financial Meltdown?! (Read 80841 times)