Then why do you say Obama should have known and bang on him for it but openly endorse the guy that a month before the collapse said the market was in great shape?
Forgive me Rad, I don't remember you posting a year and a half ago that Lehman Bros, Goldman Sachs, Mongan Stanley, AIG were all going to collapse. Did I forget any? Please feel free since Wall Street predicts EVERYTHING to go find your posts about that coming.
i'm banging on obama for making a promise he can't keep and in effect, i'm accusing him of misleading americans by centralizing his platform on raising taxes on the 'haves' and giving back to the 'have nots' when he knows he can't keep it....don't get me wrong, i agree with him. he can't be going out and deter those interested in stimulating the economy by taxing them more than they already are...i agree with his change in position...i feel for those democrats who don't agree with me however as PE obama has pulled a percy harvin-like headfake and will not follow through on his campaign promise.
as for me posting about the financial crisis 2 years ago...i can come up with nothing...the financial forum has only been up since march/april and i tended to post more about non-business type stuff to pass the time and be humorous...i assure you though that the precursors to what you've discovered to have happened the last month or so has been in motion for at least 1.5 years, maybe more....CIT writedowns, CDS spread widening in certain names, certain industries...repo rate and overnight lending rate manipulations, flight to quality trades, diminishing interest in US dollar securities by foreign central banks, hedge fund liquidations and insolvencies, tightening of the labor market as it relates to the banking and finance industry, diminishing merger and acquisition activity, massive slowdown in the high yield credit markets, push by borrowers (companies) to borrow despite egregious market levels as compared on a historic basis, etc.