Tuesday, September 23, 2008

Financial Meltdown - "Didn't see it coming!" Huh?

At approximately 10:10 PM last night (September 22, 2008) Mr. (I dare not call him Professor) Alan Binder from Princeton University made the follwoing statement on PBS Television:
"I don't think anybody could see it coming between August 2007 and today."

Huh?
Now I'm just an ordinary guy and how is it that I saw it coming well over a year ago...more like two years ago! At a town hall meeting with U.S. Senator Shelby I made comments reflecting on the current crisis to the extent that it was deliberate. Senator Shelby stated that he did not think it was...deliberate. It will do no good to say, "I told you so!", for the damage has already been done. Now here we have A so-called university educator (a friend of Federal Reserve Chairman Ben Bernake) and a U.S. Senator that supposedly do not have a clue as to what is going on with policies that directly affect every single American.
Now I do not want to chastise Senator Shelby for he is an over all excellent member of Congress and his voting record indicates that. But Alan Binder...what a joke! I hope he is not an adviser to his pal Bernake.
To conclude, If you really want to know what is going on, simply follow the results of legislation supported by Senators Biden, Dodd, et al and the so-called Congressman Barney Frank. And don't forget to look back at the deregulation policies (Specifically the Deregulation Act of 1999) of the former so-called President of the United States, William Jefferson Clinton.
Now you ask yourself how is it that these so-called responsible people were just ordinary citizens one day and overnight experts once they have been elected or appointed to office...and educated from the likes of Alan Binder at Michelle Obama's alma mater, Princeton University. - Norman E. Hooben September 21, 2008
Hey Alan Binder we all knew it back when...you know when! And you call yourself an educator...gimme a break and check this video out. It might wake up your memory cells....http://normanhooben.blogspot.com/2008/09/fundamentally-sound-lie.html

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