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Summers On Recession: "I Don't Think The Worst Is Over"


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Larry, you got that right.

    Reply    Favorite    Flag as abusive Posted 02:12 PM on 07/12/2009

Please Larry, make up your mind, are we going to recover or not. we will have no recovery as long as 50 Cents on the Dollar goes towards taxes, government will have to shrink before we can start recovering.

    Reply    Favorite    Flag as abusive Posted 01:59 PM on 07/12/2009

Remember when Larry Summers was getting grief for "working " for the hedge fund D E Shaw Group?Wikipedia stated he was part owner. Maybe the reason for the secrecy is D E Shaw Group is funding a wind farm corporation as shady as Enron. With a lot of Enron employees working for them ...and lawsuits everywhere they go.

Also benefiting from Obama's green energy iniative.

    Reply    Favorite    Flag as abusive Posted 01:55 PM on 07/12/2009
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wow...the cronyism just goes round and round.

    Reply    Favorite    Flag as abusive Posted 01:59 PM on 07/12/2009

I love it. We are painting ourselves into a corner where the only solution will be the Fair Tax or violent revolution. Either way big government is done. The people can only save themselves with their own money.

Why does government have to confiscate your money and spend it to save the economy when you an can spend it instead?

Wise up Democrats, your savior's economic policies are destroying our country. Whatever he takes from the rich to give to the poor will only last as long as the rich are willing to produce it. When they decide it's no longer worth it, then we collapse.

    Reply    Favorite    Flag as abusive Posted 01:45 PM on 07/12/2009
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We need to stop bailing out the rich. that's an important start. if they mess up, too bad! if you have investments with these big banks, you're money is part of a casino and you play at your own risk.

    Reply    Favorite    Flag as abusive Posted 01:58 PM on 07/12/2009
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And this guy gets paid for pouting ssuch rubbish?

You could interview a man on the street and come up with better news most of the time than this crud!

Has anybody told him this is a free-falling depression?

    Reply    Favorite    Flag as abusive Posted 12:50 PM on 07/12/2009

he got the first three words right

    Reply    Favorite    Flag as abusive Posted 01:43 PM on 07/12/2009
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