Bugshit.

Joe Wordsworth

Logician
Joined
Apr 22, 2004
Posts
4,085
So, my best buddy in the whole world's father is the CEO of a major bank (won't name which, don't ask). And his dad goes to a big bankers convention--on the plate? Of course, the mortgage crisis, falling dollar, and stock slumping. And Bernake. And futures.

And, a huge chunk was a series of statistics showing that the US economy would be totally railed by either Hillary or Obama in office; and that McCain would only "fail to improve anything".

So, our options are the slow slide into economic failure, or strapping on blue rocket-boots to blast us into economic failure.

Previous generations have so much to answer for.

*shakes head*
 
So, my best buddy in the whole world's father is the CEO of a major bank (won't name which, don't ask). And his dad goes to a big bankers convention--on the plate? Of course, the mortgage crisis, falling dollar, and stock slumping. And Bernake. And futures.

And, a huge chunk was a series of statistics showing that the US economy would be totally railed by either Hillary or Obama in office; and that McCain would only "fail to improve anything".

So, our options are the slow slide into economic failure, or strapping on blue rocket-boots to blast us into economic failure.

Previous generations have so much to answer for.

*shakes head*

~~~

Cheer up Joe, pundits are wrong...US economy, full employment, good outlook, while mortgage crunch hurts the big investors, 95percent of all mortgages are being paid on time, economy is solid, McCain will make it even better the Dems can only injure it, not destroy it...hang in there guy....

amicus...
 
AMICUS

Sorry, the Titanic hit an iceberg! Things look better than they are.

I know this because I stopped by a new WAL-MART the other day.

The WAL-MART property was an abandoned, bankrupt commercial center since 1985. The Federal Government seized it, way back when, and wanted too much money for it. WAL-MART bought it in 2005.

State and County bureaucrats then jumped on it, rejecting every application for a building permit. WAL-MART finally threw in the towel to them. The whole thing is a Rube Goldberg nightmare. Getting in or leaving the property requires thought and planning about how to negotiate all the obstacles the bureaucrats dreamed up for the parking lot. It reminds me of a miniature golf course.

The WAL-MART center is a metaphor for government in 2008.

http://jewishworldreview.com/cols/will032008.php3
 
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AMICUS

Sorry, the Titanic hit an iceberg! Things look better than they are.

I know this because I stopped by a new WAL-MART the other day.

The WAL-MART property was an abandoned, bankrupt commercial center since 1985. The Federal Government seized it, way back when, and wanted too much money for it. WAL-MART bought it in 2005.

State and County bureaucrats then jumped on it, rejecting every application for a building permit. WAL-MART finally threw in the towel to them. The whole thing is a Rube Goldberg nightmare. Getting in or leaving the property requires thought and planning about how to negotiate all the obstacles the bureaucrats dreamed up for the parking lot. It reminds me of a miniature golf course.

The WAL-MART center is a metaphor for government in 2008.

http://jewishworldreview.com/cols/will032008.php3

~~~~~~~

I read through some of the link you provided, JBJ, not surprising, heard it before, different places, different times same moral police in action, always acting in the 'greater good' of course.

I am reminded of a PBS event I watched last night. Part one of the Lewis and Clark expedition of about 1803, following the Louisiana Purchase where President Jefferson paid about three cents an acre to that little French midget Bonaparte and doubled the size of America.

In the journals chronicling the journey to the head of the Missouri River, Lewis and Clark both recorded the 'pesky' bugs, mosquito's and gnats and other irritating difficulties that they worked through during the trip.

I suggest you view the left, the liberal left, the moral police, the equality gents and gals, all of the irritants of modern society and the politically correct, as merely stinging insects that in the larger picture are inconsequential to the the voyage of man into the future.

I do. I even enjoy swatting them down in droves for time to time just for the pure pleasure of it.

Join me?

Amicus...
 
Isn’t it funny though how the economic woes brought on by faulty Democratic policies never show up until we near the end of the following Republican’s turn to hold our collective piggy bank?
 
AMICUS

I harpoon them using the local paper as my weapon.
 
Isn’t it funny though how the economic woes brought on by faulty Democratic policies never show up until we near the end of the following Republican’s turn to hold our collective piggy bank?

~~~

Oortcloud...part of my formal studies of economics, way back in the dark ages of Kissinger and company, included the process of economic stimulus packages and programs, high finance manipulations and taxation the were shown to be not only cyclical in nature, but that took years to even influence the market place or society in general.

And by the time those effects took place, the dynamics of the market had changed.

It is like the cessation of energy production in the United States that started 35 years ago in the '70's. We are just now seeing the devastating effects of the left meddling with the energy industry.

and I assure you, the worst is yet to come.

amicus...
 
I'm getting a hell of a kick out of this "mortgage crisis." The crisis is in sub-prime loans, i.e. loans that never should have been given in the first place. Traditional mortgages going into foreclosure is perhaps .5% over what it's been for the past decade, according to mortgagebankers.org. So, basically, this crushing financial crisis is because lenders have been stupid in who they lend to. What a shock coming from people who give credit cards to canines and corpses.

In much the same way, the stock market isn't in nearly the bad shape some seem to believe. It's volatile right now, yes, and certainly some companies, including Bear Stearns until the past few days' buyout, are doing very poorly. Shockingly, Bear Stearns isn't in trouble because the stock market is on the verge of implosion. They high-loaded on very risky investments. When risk is too high, even slight tremors in the economy are big problems. Luckily, the safety net kicked in for the rest of the market in the form of a government-brokered buy-out. Crisis averted until the next company decides to ignore logic in their pursuit of a bigger bottom line. I predict less than a month before the next one shows up on the radar, honestly. We've reached an economic culture where risk isn't assessed anymore and what we're seeing is the result of that.

Also, Joe, remember that what we're talking about here is ultimately forecasts based on what candidates say they'll do in office combined with their dubious records in positions outside the White House. I don't know about you, but I'm a cynic when it comes to campaign promises. If one assumes that these people are typical politicians saying whatever pops into their head to get elected with little or no intention to follow through even if they had the power to do so, economic forecasts based on that foundation will crumble into the swamps.
 
So, my best buddy in the whole world's father is the CEO of a major bank (won't name which, don't ask). And his dad goes to a big bankers convention--on the plate? Of course, the mortgage crisis, falling dollar, and stock slumping. And Bernake. And futures.

And, a huge chunk was a series of statistics showing that the US economy would be totally railed by either Hillary or Obama in office; and that McCain would only "fail to improve anything".

So, our options are the slow slide into economic failure, or strapping on blue rocket-boots to blast us into economic failure.

Previous generations have so much to answer for.

*shakes head*

And on a sex forum? This means what to us? The price of a rub and tug has increased?
 
So, our options are the slow slide into economic failure, or strapping on blue rocket-boots to blast us into economic failure.

We weren't going to be a world power forever...but derailing our economy is going to derail others. Maybe not as badly, and maybe worse, and maybe not at all...it depends on who it is.

But, as I would tell a European friend of mine, "My humblest apologies on behalf of my country; we honestly tried to keep our failing economy to ourselves."

Previous generations have so much to answer for.

*shakes head*

Indeed. :(
 
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