Wall Street Breakfast: Must-Know News [View article]
The article mentioned the increased cost of a car as $1300 by 2016. Will the savings in gas offset that $1300? Or will you pay even less for car and gas combined, thus making the more fuel efficient car less expensive over a lifetime than a car that only gets 20 mpg? How about some real comparisons, please?
Has 'The Trampoline Effect' Come to an End? [View article]
If I'm not mistaken it was our government under Republican (alleged "conservative") control that spent like a drunken sailor, prominently on an "off budget" war while cutting taxes. We had a Vice President who pronounced, "deficits don't matter!" and a President who encouraged us to support the war effort by going shopping! And please don't forget that TARP was initially asked for and (mis-)managed by the same Republican administration. The current Democratic administration was left with very few arrows in the quiver; some type of fix had to be pursued and they chose this one. Maybe it'll work, maybe it won't, but I imagine many of you would gripe no matter what program was chosen.
Did the Republicans really think consumers could keep spending forever? If they didn't why didn't they fix the problems with legislation while in power? If they did think consumers could spend forever then there's a serious disconnect in the Republican party between philosophy and reality.
On May 11 12:04 PM Missing_Link wrote:
> > I hope my theme is clear. The Fed, and of course the political
What Will We Do with All That Debt? [View article]
You can buy all the "Ameros" you want on Ebay... but the sellers require payment in USD! Do a Google search.
On Feb 20 09:48 AM El Sabio2 wrote:
> Good question and a good answer. In fact probably the most critical > question of our times. > Let's face it the only real solution is to create massive inflation. > The goons that got us into this mess will buy TIPS and / or Gold > - there is no other solution. Thereafter the dollar will disappear > and they will create a merged NAFTA / Euro coin........anybody seen > the AMERO project?
As we've seen, unfortunately, Conservatives' assertion that business could "self-regulate" was simply wrong. Businessmen couldn't 'self-regulate" themselves out of a paper bag! They appear only good enough to ask for and receive "government welfare" when their mistakes get them, and their companies, in trouble. Shapiro's appointment may not be the big change many of us want because the deadly wrong Conservative "Free Market" "self-regulatory" mantra still holds some sway in Washington, despite its complete and utter failure.
Wall Street Breakfast: Must-Know News [View article]
I thought the Conservative mantra was that private industry, businessmen, always did things better and more efficiently than government... Apparently it is being revealed that businessmen aren't smart enough, after all, to run their businesses well, but are smart enough to go on the public dole and ask for, and receive, public money to continue their follies. Could Conservatives have been that wrong about the purported "efficiencies" of "business", or more likely, did they know all along that they could "manage" public monies right into their own pockets. I feel raped by the now discredited Conservative philosophy of "Free Markets" because it has cost me and my children too much.
I find it interesting that only two of the above comments are noticeably partisan and they are both from right-wingers. Perhaps that's an indication that a bipartisan effort in this area is impossible because the conservative ideologues are actually as intransigent as they accuse the liberals of being.
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Did the Republicans really think consumers could keep spending forever? If they didn't why didn't they fix the problems with legislation while in power? If they did think consumers could spend forever then there's a serious disconnect in the Republican party between philosophy and reality.
On May 11 12:04 PM Missing_Link wrote:
> > I hope my theme is clear. The Fed, and of course the political
What Will We Do with All That Debt? [View article]
On Feb 20 09:48 AM El Sabio2 wrote:
> Good question and a good answer. In fact probably the most critical
> question of our times.
> Let's face it the only real solution is to create massive inflation.
> The goons that got us into this mess will buy TIPS and / or Gold
> - there is no other solution. Thereafter the dollar will disappear
> and they will create a merged NAFTA / Euro coin........anybody seen
> the AMERO project?
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