Non Sequitur by Wiley Miller for October 18, 2018

No staying power at all, at least among governments and bank regulators.

There’s a future?

How many days in a yeaw?

“Memory”, she sez… for a lot of people and places, it just sorta stayed collapsed and never got back up again.

2008-2018. We are worse set for a gigantic financial calamity than ten years ago. Nothing has been done to stop it and the some of the same ones will be behind it.

Surely the world has run out of sub prime loans ? Trade squabbles aside.

It can always be spun as a necessary periodic economic correction.

oh boy, oh boy – this is exciting! Wonder who will be “too big to fail” this time? Usually the taxpayer is considered too big to succeed.

Humans are like goldfish in a bowl, they swim around in circles and think they are getting somewhere.

That was 5 major elections ago!

A great calamity is nigh???

Did she mean to go back to 2016?

You don’t need supernatural powers or time traveling ability to be able to predict that one.

Any doubt now that he’s a republican?

Ah, the collapse of the housing bubble that former President Carter started and former President Clinton accellerated to the point of no return. Oh, don’t forget the federal reserve’s hand in this too.

So cartoonists can now predict the future. No, it’s not that something like that can’t happen, but apparently Wiley is talking about something specific.

The stage is set – all the regulations that were put in place after the banking fiasco 10 years ago to make sure that such a fiasco would never darken our days again – they have all been removed by the current BLOTUS SCROTUS TOTUS and his lackeys. Banks are again unfettered in their efforts to get rich quick betting all the hard earned savings of the little people on high risk gambles. The banks have already shown their willingness to screw the little people. Now they have no controls on their ability to do so.

Randys41: nicely said for someone who obviously thinks he knows about thinks.

aussie down under: no it has not. and stop calling me shirley…

@SrTechWriter: It’s not that they don’t understand about needing the 99%, they just don’t care because they aren’t part of it. One tends to work most closely with those with whom one has common problems. They don’t have any of ours and we’re getting none of what they consider theirs.

10 years…. Hmmmmmm. HEY!! That was when Obama was elected! Is Wiley DISSING Obama????

Wonder why presidents are singled out for blame when it is the combined effort – or lack – from Congress, which often acts to spite chief executives of the other party. That combines with the indifference of regulatory agencies and the rest of the bureaucracy to bring on such disasters. Cross wired regulations, promises made to curb excesses, deliberate intent to favor the venal, lack of any interest on the part of institutions to consider what was once called fair play, lack of thoughtful treatment for economic differences: the list is endless.

The US is called a democracy, but only votes of the 1% seem to count.

Whatever it is, you can bet Goldman Sachs will make another fortune off it.

It it Flo from the future?

My conservative friends blame the 2008 crash on Obama even though he wasn’t POTUS until 2009.

Oh you so wish, don’t you Wiley? Anything to bring down Trump.

Problem is, it’s true.

Nearly all economists asked in a recent poll agreed that we are in a stock market bubble, and that a crash (or recession or downturn or major correction) is coming. They only disagree on when. It has been in all of the financial papers, but few are paying attention.

Well, I remember the domestically worse one from 18 years ago at the end of the Clinton administration. Many like me lost their life savings in that dot com fiasco that Clinton caused.

Remember, it was Government meddling in free enterprise that caused the problem 10 years ago!

How soon we forget….but then we were so easily convinced that it was the other party’s fault….so no need to worry now.