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post #21 of 27 (permalink) Old 07-11-2008, 07:33 PM
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The problem is highlighted in red. ..............
The problem is in your warped mind bear...

Don't believe everything you think
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post #22 of 27 (permalink) Old 07-12-2008, 08:02 AM
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The problem is in your warped mind bear...

Oh Jay, you are right, they are all crazy Jay, tell me the US economy will be alright and we will live happily ever after..............

IndyMac Bancorp Inc. became the second- biggest federally insured financial company to be seized by U.S. regulators after a run by depositors left the California mortgage lender short on cash.

The Federal Deposit Insurance Corp. will run a successor institution, IndyMac Federal Bank FSB, starting next week, the Office of Thrift Supervision said in an e-mail yesterday. The regulator blamed U.S. Senator Charles Schumer for creating a ``liquidity crisis'' after a letter on June 26, in which he expressed concern that the bank may fail.

Bloomberg.com: Worldwide


Regulator to run IndyMac while buyer sought | U.S. | Reuters

Oil sets new trading record above $147 a barrel: Financial News - Yahoo! Finance


Stocks end lower amid worries on Fannie, Freddie: Financial News - Yahoo! Finance
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post #23 of 27 (permalink) Old 07-12-2008, 10:43 PM Thread Starter
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The problem is in your warped mind bear...
Warped brain or not [and advanced Economics classes will certainly attempt to warp the brain], the information is correct.

McBear,
Kentucky

Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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post #24 of 27 (permalink) Old 07-13-2008, 10:23 AM
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Are whiners bitter?

"If spending money you don't have is the height of stupidity, borrowing money to give it away is the height of insanity." -- anon
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post #25 of 27 (permalink) Old 07-13-2008, 10:42 AM
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Are whiners bitter?
You'd bitter believe it!

Don't believe everything you think
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post #26 of 27 (permalink) Old 07-13-2008, 10:44 AM
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Welcome to Team Obama.

"If spending money you don't have is the height of stupidity, borrowing money to give it away is the height of insanity." -- anon
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post #27 of 27 (permalink) Old 07-13-2008, 04:16 PM
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'Nation of Whiners' Could Have Credence: ABC News

Expert: Consumers Are Too Emotional, Media Exaggerates 'Catastrophes'

By KATE SNOW and LEE FERRAN
July 13, 2008

This week, former Sen. Phil Gramm, R-Texas, economic adviser to Sen. John McCain, R-Ariz., gave an interesting persepective on the nation's economic concerns by calling the U.S. a "nation of whiners."

Are we whiners or is the economy really that bad?While the comment ruffled feathers across the nation and prompted swift condemnation from presumptive presidential candidates Sen. Barack Obama, D-Ill., and McCain, according to consumer psychologist Kit Yarrow, Gramm was on to something.

"I think the way consumers feel about things is very emotional," Yarrow told "Good Morning America" today. "Those emotions are trumping reality, creating a snowball, which makes the economy worse. It's not as bad as consumers feel like it is."

Yarrow, who is also the Russell T. Sharpe Professor of Business at Golden Gate University, says that lack of consumer confidence has been caused by an negative overreaction to recent economic trends...

ABC News: 'Nation of Whiners' Could Have Credence

Don't believe everything you think
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