Comments on: Two More Dire Signs For U.S. Economy

GDP Falls Half A Percent; New Home Sales Fall To A Nearly 20-Year Low

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by flsunjnky December 24, 2008 1:29 AM EST
Yea, thanks to deregulation, and outsourcing. Thanks GOP for your forward thinking!
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by shanev137 December 24, 2008 1:29 AM EST
The median home price is still over $180K.

Second Great Depression myass.
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by nonameabc December 24, 2008 1:19 AM EST
Thanks Bush, thanks for your 8 years job working and co-operate with us. You are the best in the US history.

President of Russia: Putin.
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by jerr11 December 24, 2008 1:18 AM EST
What a legacy for George W Bush!

After 8 wonderful years.

935 Lies.

4200 Dead Americans.

$3 trillion squandered in Iraq.

The nation''s economy decimated!

Heckuva job!

Mission Accomplished!!

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by erinfox1 December 24, 2008 1:06 AM EST
We keep reading articles and hearing reports of the economic downturn as if this were not a predictable occurrence.

Our monetary system is actually quite simple.

When the number of individuals and the amount of commercial paper for which money does not exist to facilitate payment rises, more money must be printed. It''s as simple as that.

It''s a debt-based economy.

When we agreed to this Federal Reserve System in 1933, it was based on the assurance the money supply would be properly managed to the benefit of US citizens.

Instead, what is occurring is a wholesale sell-off of the American economy to overseas interests. Our politicians are ALLOWING this to happen.

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by centerfall94 December 24, 2008 1:03 AM EST
The high crimes of the Bush/Cheney neocon machine are becoming more apparent day by day. The endless war, the total destruction of our economy... it is important that we hold them accountable.
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by michaelcook2 December 24, 2008 12:40 AM EST
Let''s thank Bush & Bernake. When Bush appointed Bernake in 2005, they immediately started raising interested rates, raised them aggressively 17 times in a row into 2007. My sister is a mortgage broker, she was commenting to me that it is too fast and aggressive, then I watched a single mother friend of mine go into foreclosure (along with millions), she could not refinance. I''ve been thanking Bush ever since.
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by whitemale08 December 23, 2008 11:25 PM EST
WARNING:

"It is the point of total breakdown of the entire system. If some significant player in the global financial markets loses his nerve, or if someone goes flight-forward, that alone could trigger the total disintegration. I am talking about the kind of situation--within weeks--where you see a total freeze of economic activity, where you start to see mass deaths on the streets.''''

Lyndon Larouche
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