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YES!! And the scary thing is that Democrats want to change ALL of it.
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Clintonite after Clintonite. My question is, "So when does this so-called CHANGE start?" |
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I agree that Bush got a bum deal having to deal with the Katrina and 9-11 dilemma. But he was elected to handle such stuff for the country and wanted the job. Handling 9-11 was the most ineffective job I ever saw anyone handle as like his beating around in the wrong bushes looking for what we don't want as like this needless and messy war with Iraq. It was our want and his job to got everything together and get who we wanted for his attack on America, but now it is almost 6 years and we don't have the culprit Osama bin-Laden.
But I feel that the Katrina's blame morely lies on the state of Louisiana and it's sponsorers since Louisiana claims New Orleans. The state should not have allowed New Orleans to have built itself so dangerously vulnerable to what it was likely to face. Bush's job was to take care of the country and release the country's financial aid to the state to fix it's disaster and that was done. So the rest of the responsibilty lies on the state of Louisiana to fix it's problem. Also Katrina was a nature-made distaster just like the tsunami of Indonesia and not a man-made disaster as like the Iraqi war. |
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Has anyone considered the "redistribution of wealth"?
I'm just noticing how people seem to be focusing on "theoretical" arguments in this thread. But, how these creeping-economy things work, is anything but theoretical. What you see, from a birds-eye view, is an increasing number of people living paycheck-to-paycheck. Obviously, you don't see that if you don't have the birds-eye view (which I assure you, you're not going to get from watching television, and least of all from believing in the horribly distorted government "employment indexes" and "economic indexes", all of which were altered under George W. Bush - I mean, "inflation not including food and energy prices" - what kind of bogus hocus-pocus is that? Yes sir, if you're sitting pretty in your ivory tower, having worked hard for an entire lifetime or whatever, you're probably comfortably numb to what's going on in the street. You probably think that all the violence that's going on these days, is due to just a few radicals and misguided individiduals, and if they just had something better to do (like trading stocks, for instance) they wouldn't be wasting their time trying to shove their political ideology down our throats. These guys that are doing a dance 'cause the market hit 14k (for one day, I might add...) - I mean, these are the people in the crowd, cheering on the emperor as he's parading naked through the streets, know what I mean? These are the guys that keep saying "rah for our team", and they've been saying it for so long they're starting to believe their own fantasies. From where I stand, it would seem like it's time to pull our collective heads out of the sand and take a good hard look at what's going on. This isn't the first time in history, that we've been in this particular part of the economic cycle, right? And also, I might observe, that this isn't the first time in history that our society has responded to it in exactly the same way. Sometimes, people do really crazy sh** to keep the economy going. Clinton was one of those "crazies" - he reversed some important restrictions that had been in place since the Depression, and now all of a sudden we have banks involved in the insurance business again, and brokerages doing banking, and all that - all those lines have been blurred. And Bush is another "crazy" - he turned up the heat under the US economy, and he figured there was so much "undervaluation" in the world economy that the good times would last all the way through his Presidency. Well, he might make it. Maybe just. You know, this stuff is like a gigantic shark - it has to keep going - if it ever stops, it's dead in the water. Hey Duh2 - I have this one observation for you, which if you have a decent overview of the markets you'll know to be true. And that is, that the market is built on "dynamic tension". It isn't "inherently stable", it depends on the tension created between the bulls and the bears, to keep stock prices trading within a relatively narrow range. (And then there's also the volatility to consider - in mathematics, we call those behaviors "limit cycles", and they're part of a larger field of study called "dynamics", and in the case of the market their usually understood in terms of "stochastic" dynamics, which is to say that the underlying generators are more or less "random"). Well, the point I'd submit for your consideration, is that the market is anything but random. The whole concept of a "perfectly elastic market" is a pipe dream. There is no such market, anywhere. Show me one. Oil? I think not. Think about it. |
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The deficit didn't even exist when Bush took office and with enough surplus to last us for years to come and he deleted all that in just a few months. We need to remove the source of all of America's troubles and hopefully we can wait until January of 2009 to be able to do it.
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Quote:
9/11 was nothing economy wise, neither was Katrina. How is that falling dollar working for you? Do you realise that no non-US investor is actually buying up US treasury bonds anymore? |
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