"The economy has never been stronger"
Posted on 10/06/2008 7:45:09 AM PDT by Thane_Banquo
Looking at hugh panic in global mkts right now. This is vey series.
Australian dollar off almost 8.6% on the day against the USD. One bank said they are seeing literally NO BIDS in the Australian dollar, which is huge considering that you can usually trade several million with the click of a mouse.
McCain could have stood up and stated clearly what stinks in the bill.
Other than feeling justified in having your say, what is to be gained by voting for Baldwin? Do you think he could possibly beat Obama?
"The economy has never been stronger"
Would it be possible that Romney is being consulted at this point or is that too far fetched?
No, he can’t beat Obama. But I live in WA state, so my vote is essentially wasted anyway. Might as well send a message that the same old RINOs are unacceptable.
I don’t recommend that folks in swing states follow my lead.
Good thinking, or not?
Buy steel, lead, brass, and copper and wait for roving bands of lunatics?
Aye, the Republicans and Democrats are both culpable in this mess. The only difference is that the Republicans are marginally more apologetic about it. But McCain and Bush are just as much a part of the problem as the Democrats.
Maybe Sarah Palin could talk to Chuck Baldwin about 'adjusting' the Constitution Party ticket (sorry Darryl). How does Baldwin/Palin 08 sound? ;-)
You can’t really blame “Boonie”. The sheeple are programmed to buy the dips and to catch falling knives. Most people still think this downturn is part of a normal short-term business cycle — a financial speed bump. They have no clue what is actually happening in the economy. I would assume Boonie is in that group. If not, then he is maliciously fraudulent in trying to get people to lose their money.
I don’t believe the latter. I believe he is just programmed to buy dips and assume this is a normal downturn, and never having seen a downturn this steep and deep, he must believe we are at the bottom. Little does he know...
My beeber is so stuned it won’t work now in either hand.
Well, I guess we’ll see now if Obamassiah really is the anti-christ and pulls the world out of this global financial crisis with a brilliant economic solution and a one world currency (tongue only slightly in cheek).
Uhhhhh..... you really don't want me to post what I'm thinking.....
Exactly what Roubini predicted last month.
Totally agree. Plus here comes deflation big time.
Chuck Baldwin hasn’t a chance in the world at winning in a month!!!! Better not throw that vote away or we will be in a HORRIBLE MESS and in bed with terrorism!!!
NOTHING.
You people just cannot see the forest for the trees.
When markets become as unhinged as they are now, people DON’T CARE about particulars. Their rage is burning white-hot and they want to punish someone, anyone, any way they can.
They just want to lash out and punish the first thing they can. And right now, thanks to the epic incompetence, duplicity, feckless stupidity of George W. Bush, the GOP is going to get blamed for this crash. And, in some respects, Bush is responsible. After all, Bush replaced Secretaries of the Treasury who didn’t chirp a happy enough tune, and Bush put in the current SecTreas, Paulson, who is clearly using our tax money as a slush fund to prop up Wall Street banks in a very silly way.
McCain has no natural ability to talk about finance and markets. He’s a deer in the headlights of a Peterbilt truck, and everyone can see that. The Republicans have kept ignoring the signs building in the economic stats that the economy was sliding into the crapper. Heck, here on FR, I’ve taken abuse from people over the last year who were telling me that I was packing water for the liberals and the MSM. No, I was not. I was merely reading something other than the stupid headline numbers on economic reports. I was looking at the bond market(s) and seeing very unsettling portents therein. I was looking at how leveraged the entire economy has been, and how limited the job gains during the Bush administration have been - the vast majority of jobs created from 2004 onward were in the housing-related industries. And housing was clearly unsustainable and this was seen all the way back in 2006, with ABSOLUTE certainty. The first indications of how rapidly the debt situation was unraveling were seen by March of 2007.
And yet, Bush did nothing. Nothing to see here, everything is fine, let’s not pay any attention to those doom-n-gloomers out there.
Couple these two facts together (a market crash and McCain’s lack of ability in finance) and you will have people who might otherwise in rational times be inclined to give the benefit of the doubt to McCain now seeking to punish anything with the brand label “Republican” on it.
WOW! THANK GOD FOR THAT (theft) BAILOUT!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.