Took Dumbya 8 years to ruin our economy... took 8 months for Obama to fix it

[daggerkobe]

The economy started going down hill in April of 2000, before Bush was even in office. The tech bubble, caused the fed to lower interest rates to an all time low, which enabled many unqualified individuals to gain variable interest rate loans on mortgages which they had no means of paying when interest rates rised. There is plenty of blame to go around. Not everything is Bush's fault.

The NBER's Business Cycle Dating Committee has determined that a peak in business activity occurred in the U.S. economy in March 2001. A peak marks the end of an expansion and the beginning of a recession. The determination of a peak date in March is thus a determination that the expansion that began in March 1991 ended in March 2001 and a recession began. The expansion lasted exactly 10 years, the longest in the NBER's chronology.

http://www.nber.org/cycles/november2001/

[BrentCrude]

Daggerkobe,President Obama the Keynesian socialist here.I hereby declare that the business you are in that makes you a living is now defunct and I gift it upon my union thug constituents.I am a dictator so bye bye you free market capitalist pig.I decide who wins and loses in this planned economy and I damn well will have the crooked Federal Reserve print as much money as I need to give it away to all my homeboys.If I want Vanilla Ice or M&M destroyed,I will tax and regulate them out of existence.That way my homeboys Conye West and Fitty Cent will thrive when I give them lots of sweetheart deal freebie favors.Afterall,I am a socialist and that's what socialists do you know.Bye the time me and the federal reserve are done diluting the dollar,fitty's new name will be $48 dollars and fitty cents.