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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Rami on November 24, 2008, 09:34:27 PM

Title: Can someone explain Why is the US economy bad?
Post by: Rami on November 24, 2008, 09:34:27 PM
The US Dollar is strong and the fuel is cheaper than ever. What's the problem supposedly?
Title: Re: Can someone explain Why is the US economy bad?
Post by: Bindare_Dundat on November 24, 2008, 09:35:48 PM
The US Dollar is strong and the fuel is cheaper than ever. What's the problem supposedly?

lol
Title: Re: Can someone explain Why is the US economy bad?
Post by: Rami on November 24, 2008, 10:13:31 PM
lol

"lol" is the problem?
Title: Re: Can someone explain Why is the US economy bad?
Post by: gcb on November 25, 2008, 12:48:32 AM
"lol" is the problem?

Don't worry we'll explain it to you when you get to the soup kitchen
Title: Re: Can someone explain Why is the US economy bad?
Post by: Nordic Superman on November 25, 2008, 05:39:36 AM
The US Dollar is strong and the fuel is cheaper than ever. What's the problem supposedly?

The US dollar and cheap fool are both results of an on-going financial problem with the US government.

The strength of the US dollar owes itself to other countries independent currencies being battered by the same issues.
Title: Re: Can someone explain Why is the US economy bad?
Post by: Soul Crusher on November 25, 2008, 09:36:58 AM
The US Dollar is strong and the fuel is cheaper than ever. What's the problem supposedly?

Here is my take.

1.  The greedy banks sold toxic paper to each other in bundles as securities without doing any due diligence whatsoever.

2.  The mortgage brokers doctored loan applications to the banks because they only got paid if the deals closed.

3.  The banks over leveraged themselves beyond all norms.

4.  The SEC did not do its job.

5.  Credit was made too easily available to anyone with a pulse.

6.  The government is noe spending way too much money.

7.  Credit card balances are out of whack.

 
Title: Re: Can someone explain Why is the US economy bad?
Post by: Hereford on November 25, 2008, 06:11:55 PM
The leftists in the US are hard at work trying to ruin anything and all things great and American.

Does that count?