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Interesting consideration, Mr. 777 ... maybe everyone who registered after May of 2001 should be viewed with suspicion ... Old Trader, I appreciate the cleanup ... maybe we'll see if the conventional logic re: the Pres and Congress being of the same party holds ...

Thanks. I have checked out some of his past posts - so I get what you are saying ...

How is it possible to have a person "presented as" a presidential candidate in the U.S.? Obama won his primary and McCain won his primary. Neither candidate was "presented" ...

Yeah - money supply and price controls. The whole "price control" thing happened in 1971. Which was under Nixon. It was Nixon's attempt to deal with inflation. Why was there inflation under Nixon? The price controls were first implemented in 1971 - years before the first oil embargo...

And what else, besides the oil embargo, contributed to the out of control inflation?

I am old enough to remember the Nixon, Ford, Carter years .... Maybe you would like to explain why interest rates were at 20%?

I agree. The Wachovia loss of $24 bln is hard to ignore. Sony's news did not help - the market extrapolates and assumes even remotely similar firms are in the same boat. Chrysler to lay off 5,000 and on and on More important, IMO, the credit spread measurements have to slipped...

Are you referring to the adjustment in the CRA?

It is pretty much impossible for an economy to thrive when its financial sector is wrecked. When banks are wary about lending to each other - as they have been recently - you can say that the sector is pretty "wrecked." In 2006 - you could say that the banks and the investment banks had an...

Or "robbing" ... ( robing hood? ) OR "steal" ... ( steel from us? ) Anyway, some of us were making over $250K during the Clinton years. The tax rate goes back to what it was. This does not warrant a "freak out manifesto" ... IMHO ...