Posted on 01/20/2008 8:24:06 AM PST by fweingart
Just print more money and give it to the mortgage companies, that should really help. 'SAC OFF"
“...trip to the currency printing press” is more like it.
As if inflation isn’t already bad enough now. Let’s make it worse...
The only time free market capitalism fails is when competition laws are discarded in favor of consolidation. The big corporations that are either failing or taking their profits offshore got big by buying up the competition. The American economy will bounce back strong as soon as congress starts breaking up the big corporations into small competitive companies.
Otherwise, the country will continue leaning further towards socialism and socialism always fails.
We the People are beginning to wake up...we hope.
This became pretty obvious back when someone asked what we ordinary people can do to help fight the war on terrorism, and our modern day Churchill famously responded “go shopping”.
The Asian market jumped on the Stimulus plan. They can see all those funds flowing into the Big Box Stores andstraight to Asia in exchange for little plastic boxes of junk.
This is the dumbest thing that DC could do to solve our problems..but all those drones will love their new X Boxes, Sony’s and laptops.
Don’t count on it.
This is ridiulous!
It feeds the attitude of SPEND,SPEND SPEND even though you can’t afford it. When the bills rol in again nothing will have changed - the problem will be worse.
Indeed - INFLATION will be worse.
This is sooooooooooo stupid.
What a great article. He covers everything and gets it right. Too bad he isn’t in Washington.
People spent beyond their means and finally had to reel in their own personal spending. Now gov’t wants to give them $800 to go spend again, even if only briefly. BTW, if gov’t can afford to give back a $150 bln, then they had too much of our money to start with.
What's his, or anyone else's, solution?
Consider the Rat Quandry.....what can we bitch about?
With a chicken in every pot and two in the freezer and 10 already cooked at the Walmart entrance, what can we rag on?
When there is a car and a pickup for mom and dad and a car for a kid that is 17 or older, What’s to rag on?
When vacation is a cruise with all you can eat and drink with stop offs in Cancun or Kingstown, what’s there to rag about?
With the main gripe of travelers the time you have to wait in line to go flying somewhere, what’s to rag about?
When gas gets high but is still not killing off the steak dinner out on Friday, whats to rag about.
To cinvince the voters there’s really crisis in the economy....we’ll give them their taxes back and make them think there is trouble.
W smiles and beats the crap out of them with their own stick.
It’s bizarre what’s happened to this administration.
Selling out friends (Serbia - Bolton)...selling of America (China-Saudi Arabia)...selling of ideals (materialism run amuk).
The only lasting good Bush has done is the Supreme Court justices that have been confirmed...it took quite a bit to get the last one, which may be the most we can get for now.
The jury is still out on Iraq...and the war on Islam.
It will all be fine when Apple releases its earnings on Wednesay. People are buying iPods and downloading music, which more than balances out the collapsing financial sector of the country.
That’s what Wall Street wants you to believe.
This will be the Christmas income they missed out on.
Not only that, but Pres. Bush has announced plans for businesses to get some good breaks.
Step in the right direction IMO.
It’s past time to start saving, but this would cause
an initial downturn.
Most of my family will be paying our bills with that money, and if that money is a loan, then im just going to put the money in my savings account and have it build up interest.
With Americans having an average of 8K on their credit cards ... this is not the answer for a long term fix.
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