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Posts Tagged ‘eli broad’

OUR FLOURISHING ECONOMY

Hello, Super Double Great Depression!

Tuesday, July 1st, 2008

We seem to be having some economic problems. Los Angeles billionaire Eli Broad (the “B” in KB Homes) tells Bloomberg that “this is worse than any recession we’ve had since World War II.” Bloomberg editors noted, on Friday, that U.S. stock declines hadn’t been so lousy since June of 1930, during that Great Depression. Ah, hell …. MORE »