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Fed Reserve Fails to Reflate the US Banking System
Posted: Wed Jan 28, 2009 9:00 pm
by Stephen Eisel
Youtube clicky
Numbers adjusted for inflation are always better...
Re: Fed Reserve Fails to Reflate the US Banking System
Posted: Thu Jan 29, 2009 7:10 am
by Bill Call
Stephen Eisel wrote:Youtube clickyNumbers adjusted for inflation are always better...
According to Obama the real problem is that we didn't borrow enough money. He plans for $6 trillion in budget deficits during his first term. This so going to be so cool.
Of course its not really fair to blame Obama. He is the child of the baby boom generation. That self centered, weak willed, self congratulatory group with high self esteem that is better named: The Entitlement Generation.
http://article.nationalreview.com/?q=Nm ... JmNDg4ZDc=
Posted: Thu Jan 29, 2009 8:08 am
by sharon kinsella
Uh Bill - he's Generation X, we're the boomers - post WWII.
Posted: Thu Jan 29, 2009 8:19 am
by Gary Rice
Sharon,
Are we the "boomers", or the "busted"? :
Posted: Thu Jan 29, 2009 9:25 am
by sharon kinsella
I'm a single mom I've been busted for decades.
Posted: Thu Jan 29, 2009 12:09 pm
by Stephen Eisel
sharon kinsella wrote:Uh Bill - he's Generation X, we're the boomers - post WWII.
http://www.answers.com/topic/baby-boomerPeople born between (and including) 1946 and 1964. After American soldiers returned home from World War II in1946, the United States experienced an explosion of births (hence the name baby boom) that continued for the next 18 years, when the birth rate began to drop. In 1964, baby boomers represented 40% of the population, which means that more than one third of the population was under 19 years of age. In the 1990s, approximately 76 million people in the United States were born in the baby boom years, representing approximately 29% of the country's population. Since baby boomers make up such a sizable portion of the consuming public, their spending habits and lifestyles have a powerful influence on the economy.
Obama was born August 4, 1961.