im not with you.... yet... and I am still looking to balance the bad news with context.
Lets all take a deep breath and watch Kudlow and Company in 4 minutes to get the skinny, shall we?
PS, I certainly aint gonna challenge your dear grandmother on the spiritual status of the country, then and now. there very well might be a connection.
Bro, it's all good.
Grandma was speaking about the overall atmosphere. The "feel" of the time period. It really, really bothered her, and she was in her right mind until the very day she died. She had never talked like that before last year.
She begged us to "hord." To lay up some things. To prepare for it.
Now, I am no survivalist guy, but I'm not stupid either.
It's bad right now. Really bad.
It's one thing to talk about fuel prices, another thing entirely to talk about massive bank failures. It's not so much the number of banks as it is the SIZE of the banks.
And btw, have we even considered what a revived Soviet empire is going to do to the global economy?
Republican Senator Dick Lugar of Indiana would disagree with you, but your welcome to your definition of "meaningful" Ferd. I like ya anyway.
Has he been to "battle" in the senate? has he gotten something done when half his own party wasnt very happy about what he was doing?
Not by a long shot.
Has he written "a bill" yes. has anything he has done (Including that non-proliferation bill) had a real impact on American lives?
Not by a long shot.
Hey, here you go, the guy is a reformer right? He also came up in Chicago politics. Did he stand up to the corruption in Chi-town? even a teeny tiny little bit?
LOL! yea right.
Obama is as untested at every level that a guy can be when it comes to making real, hard, decisions.
hows that for a definition?
Back to the economy. Im in a panic, Larry Kudlow has been preimpted. ouch.
__________________ If I do something stupid blame the Lortab!
clearly there is issues. big issues. but disaster that some are suggesting this is.... Obama likening it to the great depression is at the very least outrageous.
unemployment
then:50%
now 6%
Home foreclosures:
then 50%
now 2.75%
Business profets:
then: for 4 years no one made money
now: more than 50% of businesses posted profets in the last quarter.
There are serious issues that need addressing (like why Fannie May and Freddie Mac are getting a free pass)... but relitive stability in this economy remains at least visable.
Your numbers are skewed ... we'd have to look at the numbers prior to the Great Depression ... to compare apples with apples.
my clear choice. However, whoever gets in will have a huge mess on their hands.
Here is the question you have to ask....economically speaking...who would you rather have making deals and passing regs trying to get us out of the mess....osama who has never written a law (basically just showed up for roll call every day and hit a yes/no switch), or mccain a seasoned senator who has actually worked in government since the regan.
Vp, palin---a person who has been baptized in the name. And is understanding to our viewpoint. And she actually governed a state.
Biden, omg---could he actually be just heartbeat away from prez....?
Sadly, I fear that government intervention to "fix" the problem will prolong the agony, just as in the Great Depression.
This was brought to you by the unwise lending mandates of President Carter, and the unwise de-regulation of the exchanges by President Bush, and the unwise delay of the inevitable by the Federal Reserve, which kept interest rates low to keep inflating the bubble.
What needs to happen now is to find out who benefited from this. A team of investigators needs to flood Wall Street and find the people responsible. They need to be frog-marched out of their ivory towers and secluded mountain estates in leg-irons. This was a planned and controlled event. If it wasn't, our currency would have taken a parallel nosedive.
The answer is to cut government back to a skeleton crew, and cease direct government intervention in the economy and the currency. Instead we're probably going to see proposals to nationalize or socialize the economy. Subsistence farming never looked so good.
__________________
Engineering solutions for theological problems.
Despite today's rising cost of living, it remains popular.
"It has been said that democracy is the worst form of government except all the others that have been tried." - Sir Winston Churchill
"The best argument against democracy is a five-minute conversation with the average voter." - Sir Winston Churchill
"They who would give up an essential liberty for temporary security, deserve neither liberty or security." - Benjamin Franklin
Sadly, I fear that government intervention to "fix" the problem will prolong the agony, just as in the Great Depression.
This was brought to you by the unwise lending mandates of President Carter, and the unwise de-regulation of the exchanges by President Bush, and the unwise delay of the inevitable by the Federal Reserve, which kept interest rates low to keep inflating the bubble.
What needs to happen now is to find out who benefited from this. A team of investigators needs to flood Wall Street and find the people responsible. They need to be frog-marched out of their ivory towers and secluded mountain estates in leg-irons. This was a planned and controlled event. If it wasn't, our currency would have taken a parallel nosedive.
The answer is to cut government back to a skeleton crew, and cease direct government intervention in the economy and the currency. Instead we're probably going to see proposals to nationalize or socialize the economy. Subsistence farming never looked so good.
I'm not sure where you stand on deregulation, but I've personally had enough of it. The problem was the goverment deregulated to the point that we got the sub-prime mortgage lending and adjustable rate mortgages.
I'm ready for government to regulate for a change and clean some of this mess up. That's not popular with conservatives but their deregulation has failed miserably.
__________________
In essentials, unity. In non-essentials, liberty. In all things, charity. Augustine
Linear Mode
