yeah it's like heoin addict taking a little more drug to kick the habit. <br><br>On Ed Schultz yesterday he made the point that at one time, people in this country went though the Great Depression and they had to suffer and make do with what they had. ...they emerged from that tragedy with greater character than they went in... <br><br>now no one wants to repeat that, but our generation(s) are very spoiled, no one wants to sacrifice... One example: had they done so on the gas... oil might not be $100 a barrel and our economy tanking becasue our trade deficits are through the roof... and had they sacrificed and had to save a down payment for a house instead of the easy credit, no down payment stuff... and realized it's hard to make that down payment and payments, they might not have been so eager to overextend themselves... but our society has become a "got to have it now", "gimme the world on a silver platter!" society... we've screwed ourselves. <br><br>So what does Bush AND the Dems too, want to do ??... "oh let's make it easy again"... the quick fix ! ...the "got to have it now", fix.... just what many of these do not need... a bailout so they never learn a lesson. <br>Now I'm not saying abandon them, but this blanket target - "give everyone some money" is just BS... and it further pushes more crap on the next generation cause too many now are too wussy to DEAL with the problems they created. Mr. Bush is the Icon for this mess.,, he and "dick-head". <br><br>We need a whole new set of leaders, and I'm not sure ANY are running... that was one thing I most respected of Clinton... went in and fixed the Reagan-Bush Sr fiscal mess and started making a surplus that paid down the debt... that took guts.. <br><br>and fsckhead comes in and appeals to people's greed and screws everything up.... tax cuts to wealthy, creates a false war in Iraq, sucks the treasury dry almost doubling the Natl Debt... Sooo what do we have to show for this ?? The same as we had for Vietnam... NOT a FSCKING thing !! <br><br>David (OFI)
The whole ideas of bailouts for everything is a pattern in our economic policy in the United States. We privatize profit and socialize risk. So as an entire market, we pay as growth slows down. As shareholders, we pay for the CEO's golden parachute. And as taxpayers, our children pay for the deficits.<br><br>For some reason, we all don't mind going to that last well so much.<br><br>-- Charlie Alpha Roger Yankee Whiskey
Loc: Finland, on the Arctic Circle
I'm expecting the US inflation will rise a bit with the tax cuts Bush announced and the value of dollar will go even further south. Only thing that has kept the USD afloat thus far is the oil trade. Now I'm just hoping the US recession won't deepen into depression and it won't have too much effect on the European and worldwide economy, but it probably will. And well, as the US is already consuming more than it's earning I don't know if this is the right to move to add more consumption which leads to more debt just postponing the inevitable.<br><br>
[color:blue]I don't know if this is the right move to add more consumption</font color=blue><br><br>Let's rephrase that: .... the only way to keep that beach-ball economy from becoming a soft rubber blob is to blow more air into it!<br>Money is cheap! ;)<br><br><br><br><br><br><br><br><br><br><br>
"Humor ist, wenn man trotzdem lacht" (Humour means laughing despite of it)
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