Sir, did you take first year economics? There was low unemployment because
everything was being bought and paid for on credit. Remember all the credit
card offers you used to get? Everyone had jobs, everyone had new houses, and everyone was buying. But it was a house of cards. And the bubble had to burst, as all bubbles do. Everyone was over-extended, including the institutions who
gave the credit in the first place.

Mr. Dillman,
I must say, the Republican/Conservative agenda has done a brilliant sell job on their base. Somehow they have made Obama the cause and effect of this recession. Don’t fool yourself, this recession was written on the wall long before your nemesis took The Office. The wall had crumbled before Day 1 of Obama. But, Democrats/Liberals/Obama/whatever/ are not your enemies. Nor are we the cause and/or effect of the recession. It is the large corporate interest groups, including the Banks, Insurance Companies, Drug Companies, etc. When are you going to understand that these people are not for you Tom, they just sell it to you that way. These people are ruling, and encouraging the “battle” between the common folk. They love watching the “left” vs. the “right”. Tom, we are just pawns to these guys. We are the same, to them.
Please read this last reference, and thank you for your service to your country.

“In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one’s home), the top 1% of households had an even greater share: 42.7%. Table 1 and Figure 1 present further details drawn from the careful work of economist Edward N. Wolff at New York University (2009).”

Try thinking for yourself once in awhile. it might hurt at first but then again; no pain, no gain.

And yes, I am a vet, I served in the CAV, and am damn proud of it. What I am not proud of is idiots spewing sanctimonious bullshit, passing it off as wisdom, and associating that distinguished division with their lunacy. That level of bullshit is what earned the CAV the above statement over 1/2 a century ago.

Charge!

Tom

Dayammmmm, I feel better now. Thank you all for being such wonderful knuckleheads. Except for you of course, Becc. You actually showed a tickle of brain sense. That made my headache lessen even more — it is hell to get blown up in a combat zone and have to live with it so many years so that you knuckleheads can have freedom of thought and speech.

Tom Dillman Vet. 1st Cav