hanson001

Wall Street Breakfast: Must-Know News

Axelrod: "If you vote for a Republicrat, YOU are the problem."

Yes this is a problem. But our country is so fragmented, I don't think greater number of political parties will solve the problem. Hitler came to power when Germany's many political parties perpetually screwed things up. People were tired of disagreements and the cynicism. Remember, he made the trains run on time.

Our dictatorship is on the way. Don't know when but it makes perfect logical sense. We are sheeple. We do not what to think for ourselves, wishing a great political person to do the thinking for us. We are never to blame for anything and want something for nothing. As I study history, this always leads to dictatorship.

It kills me that both Houses are controlled by one political party. I think Congress is a total waste of our nation's capital. Much better they be divided and not be able to pass any bill.

On Dec 04 10:49 AM axelrod608 wrote:

> Both of the two ruling parties are responsible for creating this
> mess. They all confuse the term "oversight" with "overlook", and
> they overlook all the chicanery going on in corporate America. Similarly,
> both ruling parties are committed to spending us out of the mess,
> even though logic and historical evidence indicates it cannot be
> done. And the incoming administration, from all reports, is totally
> committed to continue the orgy of throwing vast quantities of borrowed
> money at the problem.
>
> Aside from a handful of individuals like Ron Paul, the "fools on
> the hill" and administrations believe they can solve this problem
> they created. A line from the Vietnam war comes to mind - "We had
> to destroy the village in order to save it". Only in this case, substitute
> the term "country" for "village". And since global economies are
> interwoven, the US government is wiling to risk destroying the global
> economy in a misuided effort to "save" it.
>
> They do not understand the concept of "unsustainable&amp... The
> bloated American automakers are unsustainable. The bloated American
> financial industry is unsustainable. And the free-spending, irresponsible
> Federal government is unsustainable.
>
> Every election, the sheeple go to the polls and vote in yet another
> bunch of Republicrats. Einstein's definition of insanity - doing
> the same thing the same way over and over and expecting a different
> outcome - comes to mind.
>
> If you vote for a Republicrat, YOU are the problem.

Wall Street Breakfast: Must-Know News

"The plan, which is in the development stage, would encourage banks to lend at rates as low as 4.5%, more than a full percentage point lower than current 30-year fixed-rate mortgages. Treasury officials believe the plan will halt the slide in home prices as cheaper borrowing allows consumers to take out bigger loans, thereby increasing demand and pushing up home values. "

Oh God, here we go again. Will keep making the same mistake until we learn the lesson. Let the market do its thing and take those prices lower.