china and the stock market

I Love America said:
I just want to be crystal clear on what you are claiming

Are you saying that this post from 2007 is proof positive you predicted China's stock fall occurring this week? That's what you are claiming?
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where did I say that?


why do you have to lie non stop?
 
it took me like 16 minutes to find proof I told you people the economy was going to go real bad before the crash happened
 
evince said:
http://www.nytimes.com/2008/09/27/business/27sec.html?_r=4&oref=slogin&oref=slogin&oref=slogin





S.E.C. Concedes Oversight Flaws Fueled Collapse


By STEPHEN LABATONSEPT. 26, 2008







WASHINGTON — The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for Wall Street’s largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down.







The S.E.C.’s oversight responsibilities will largely shift to the Federal Reserve, though the commission will continue to oversee the brokerage units of investment banks.

Also Friday, the S.E.C.’s inspector general released a report strongly criticizing the agency’s performance in monitoring Bear Stearns before it collapsed in March. Christopher Cox, the commission chairman, said he agreed that the oversight program was “fundamentally flawed from the beginning.”





“The last six months have made it abundantly clear that voluntary regulation does not work,” he said in a statement. The program “was fundamentally flawed from the beginning, because investment banks could opt in or out of supervision voluntarily. The fact that investment bank holding companies could withdraw from this voluntary supervision at their discretion diminished the perceived mandate” of the program, and “weakened its effectiveness,” he added.
Click to expand...

these are facts
 
evince said:
all economys change pace



why are you such a liar
Click to expand...
:eek:WHAT??? YOU'RE SAYING THAT ECONOMIES ARE CYCLICAL IN NATURE??? AS IN BOOM AND BUST CYCLES??? AS IN BILL CLINTON LIED WHEN, IN THE EARLY '90s, HE CLAIMED THAT THEY HAD "BEATEN THE BUSINESS CYCLE"??? YOU'RE SAYING THAT THE RECESSION OF 2008 WASN'T BUSH'S FAULT, AND OBAMA DIDN'T FIX IT??? Tread carefully, you sound suspiciously like a republican! And governments CAN have a stabilizing effect on markets but, but it tends to be on the low expectation range, like soviet Russia for example, where EVERYBODY was equally miserable, and like Bernie Sanders wants to do. And no, I'm not chasing FACTS for you.:Googler:
 
http://www.nytimes.com/2008/09/27/bu...in&oref=slogin





S.E.C. Concedes Oversight Flaws Fueled Collapse


By STEPHEN LABATONSEPT. 26, 2008







WASHINGTON — The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged on Friday that failures in a voluntary supervision program for Wall Street’s largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down.







The S.E.C.’s oversight responsibilities will largely shift to the Federal Reserve, though the commission will continue to oversee the brokerage units of investment banks.

Also Friday, the S.E.C.’s inspector general released a report strongly criticizing the agency’s performance in monitoring Bear Stearns before it collapsed in March. Christopher Cox, the commission chairman, said he agreed that the oversight program was “fundamentally flawed from the beginning.”





“The last six months have made it abundantly clear that voluntary regulation does not work,” he said in a statement. The program “was fundamentally flawed from the beginning, because investment banks could opt in or out of supervision voluntarily. The fact that investment bank holding companies could withdraw from this voluntary supervision at their discretion diminished the perceived mandate” of the program, and “weakened its effectiveness,” he added.
 
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