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View Diary: Could the 2008 Election be Like the 1932 Election? (Part 3) (321 comments)

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  •  Numbers are being fudged (0+ / 0-)

    While we don't have 25% unemployment, the actual numbers are the worst they've been in a decade or so if you look at the people actually involved as a % of the total population.

    The other economic numbers are also being fudged.  Inflation is running much higher than advertised for example.

    The shit has already hit the fan for middle class America.  The only question at this point is whether or not it'll hit Wall Street.  Bernake is trying his hardest to bail them out but I doubt he'll be able to with the wave of loan resets about to hit us.  We're only seeing the tip of the iceberg and it won't take a year for us to get hit by the rest.  If Bush's handling of Katrina is any indication, he will completely fuck up this as well.

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