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About This Page: This is a discussion on Politics within the LetsGoKings.com forums, at Los Angeles Kings Hockey Fan Forum.
Bank of America buys Countrywide for 4.1 billion. http://www.ft.com/cms/s/0/af938c9c-c...nclick_check=1 http://afp.google.com/article/ALeqM5...y7AQeltuQl6VfA

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Old January 12th, 2008, 11:18 AM   #1
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Default Countrywide / Are we in a recession?

Bank of America buys Countrywide for 4.1 billion.

http://www.ft.com/cms/s/0/af938c9c-c...nclick_check=1

http://afp.google.com/article/ALeqM5...y7AQeltuQl6VfA
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Old January 12th, 2008, 11:21 AM   #2
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http://www.letsgokings.com/bbs/showthread.php?t=71195
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Old January 12th, 2008, 12:12 PM   #3
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http://online.wsj.com/article/SB1199...googlenews_wsj
Quote:
Odds of Recession Seen Rising
Economists in Survey
Predict Slower Growth,
Unemployment Increase
By PHIL IZZO
January 11, 2008; Page A2

Economists surveyed by The Wall Street Journal see increasing odds of a recession this year along with mounting inflationary pressures, an uncomfortable mix that could play a role in shaping the 2008 presidential campaign and complicate life for the Federal Reserve.

In the latest monthly survey, economists put the chance of recession at 42%, up from 38% in December and 23% just six months ago. On average, the 54 forecasters who participated see the economy expanding at less than a 2% annual rate in the first and second quarters. Last month's survey estimated 2007 growth at 2.5%.
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Old January 12th, 2008, 10:55 PM   #4
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Dubya says the economy is strong. I never doubt my President. That's just plain UnAmerican --Especially in a time of war.
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Old January 14th, 2008, 08:07 AM   #5
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Quote:
Originally Posted by Semper-Fi View Post
Dubya says the economy is strong. I never doubt my President. That's just plain UnAmerican --Especially in a time of war.
That was pretty original Semper....keep up the good work.
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Old January 14th, 2008, 08:24 AM   #6
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Shhh, don't tell the Republicans, they might heaven's gate on us...shhhh
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Old January 14th, 2008, 10:42 AM   #7
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Quote:
Originally Posted by BAD91 View Post
That was pretty original Semper....keep up the good work.
Since we're paying eachother compliments here, kudos to you as well, Occifer Bad. I didn't catch a single typo there. We'll work on your grammar next year. Baby steps.
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