What happened to crash the economy? Dems took control of congress, and the housing and banking committees. They sabotaged it completely just so it could be used in the next presidential election.
The economic crash was there for all to see if one would have watched the signs. IBD and I think it was Barron's were warning a few years before about the coming housing defaults due to people buying more house than they could afford and interest only mortgages. Bush tried to fix it but the queer congress critter from up north led the dem push to nix it.
The only thing those finance newspapers got wrong was the size. If we would have had any politician but the fool currently in the white house we would have recovered a lot faster.
Just as an aside here... an observation over the years. I listen to the radio a lot. And whenever I hear them touting something, gold, silver, oil futures, housing debt bonds, etc, that usually means that sector of the market is going to crash big time. Ain't scientific now, but I think it is a valid observation.
