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800 Billion Reasons To Be Worried (great analysis)
reasononnline ^ | February 10, 2009 | Veronique de Rugy

Posted on 02/12/2009 5:12:19 AM PST by sickoflibs

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To: Gritty

And our kids’ credit cards, and THEIR kids’ credit cards...


21 posted on 02/12/2009 8:33:02 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: sickoflibs

I think what’s frustrating for me is that I have a lot of faith in the country and I think Americans will tighten their belts, go to work, and keep this country afloat by sheer American can-do attitude. But then Obama will take credit for it and use it to ensconce more of his allies in positions of power and more of his killer policies.


22 posted on 02/12/2009 9:43:58 AM PST by caseinpoint (Don't get thickly involved in thin things)
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To: caseinpoint
RE “I have a lot of faith in the country

I lost mine. The last election both candidates promised all candy no medicine and the newer guy won only because he was more unknown so it was easier to believe he was the real Santa. I believed in GWB and have sadly come to the conclusion many of the rats attacks were on target.

Example: The equity bubble we had both gas/oil and houses skyrocketed in value. Many Fellow Americans I know (most) had no trouble selling their houses to the highest bidder (locking out young people) but cursed the oil companies for doing likewise. One was just capitalism, the other was greed and manipulation. Such split logic leads to my first point.

The next shortcut is trade tarrifs to save jobs, like it did in 1930s. Brilliant! That will go great with future inflation.

23 posted on 02/12/2009 9:57:33 AM PST by sickoflibs (Pelosi: "Create jobs by teaching kids to use condoms in recovery bill ",condom jobs??)
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To: Eva
...nor do they pay into social security.

Actually that's not entirely accurate. Some federal employees pay into social security, some do not. It depends on what agency they work for, when they came into the system, and under what terms. I'm not clear on all the details, but I know other FReepers have a much better understanding about this than I do. Maybe somebody else can shed more light on this. I also know I worked for a federal agency in the 80s and had social security withheld.

24 posted on 02/12/2009 10:03:59 AM PST by Hoffer Rand (There ARE two Americas: "God's children" and the tax payers)
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To: sickoflibs

$10 million to fight Mexican gun-runners


What the hell does this mean???

Absolutely nothing...

And a waste of money...Oh wait...I forgot...Government IS waste...

Muh bad...


25 posted on 02/12/2009 10:11:25 AM PST by stevie_d_64
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To: sickoflibs

My faith in the country is with the Joe Plumber type, not the politicians. People find ways to survive and thrive in spite of the government. Back in the late eighties, we had a house guest for about a month. He was from Poland and Poland’s economy was a shambles at that time. He had a regular job but he also ran a business on the side. He would go to factories that produced material or yarn, get their waste materials, take them to his network of homeworkers who knitted socks or made items which he could then sell. We still have some of those socks. In the summer he and his entire family would go to Sweden to participate in the harvest there. His attitude was, I will do whatever I need to do.

I see the paroxysms of the economy right now and the pain of a lot of people, yet there are opportunities everywhere for those who look for them and are willing to work at it. What stops a lot of people is they can’t see beyond what they lost, and want to “go back” to something that is often gone. A lot of people need to just decide, things are changed, it won’t go back and they need to move on to the opportunities under a new reality. Too much of our economy was based on luxury items: giant homes, new cars every couple of years, $500 shoes or purses, massive televisions and theater sets. Until we get ourselves situated in a sustainable economy, we will be forever vulnerable to market manipulations, to credit temptations, and to pressure to live beyond our means. Let’s face it: the market sold us a bill of good, and we willingly bought it. It was not sustainable when it became an expectation of everyone, not just those who could afford it. And we had reached that point. I recall a thread near Christmas about one of those charity family cases where in the newspaper article the one of the kid asked for a surround system for his bedroom so he could enjoy his movies and games more, his brother wanted a fancy video game system and games for it, the sister wanted Hannah Montana duds, and they wanted another dog for their mother.


26 posted on 02/12/2009 10:21:22 AM PST by caseinpoint (Don't get thickly involved in thin things)
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To: Le Chien Rouge

Top 10 little known stimulus package items:

1. Shamwow Museum of Opulent Pancakes . $13 million. Hoboken ,NJ.

2. Hydraulics for the Karl Marx float for the 2009 May Day parade. Ithica,NY. $6 million

3. Eddie Griffin Performance Driving School helmet upgrades.Hollywood,CA. $3 million

4. Society for Film Preservation’s security staff for the East Wing of the Electric Bugaloo I and II film archives. $1.9 million .. Burbank,CA.

5. Al Gore Divinity School art work. $6 million. Hell, MI.

6. Keanea Reeves Acting School. $5 million for floor buffers . Poughkeepsie ,FL

7. Geothermal Hockey Warming shack. $11 million. Biwabik,MN.

8. Hydro to Solar conversion of the Hoover Dam. $180 billion.

9. World’s 1st recumbent bicycle drag strip. $50 million. Bristol ,TN.

10. Unweave and reweave the world’s largest ball of twine. $11 million. Cawker City,KS.

good luck,
Wobbly B


27 posted on 02/12/2009 10:35:47 AM PST by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: sickoflibs
There is a Black city (Prichard, Alabama) in my area that is surrounded by a larger city (Mobile, Alabama), Prichard has a population of 28,663 and Mobile has a population or 198,915. Prichard is scheduled to receive $360 million from the 'stimulus package' while Mobile is to receive $358 million for infrastructure.

The Democrats are rewarding their do-nothing voters for their vote with your money. Wonderful, huh? Prichard is presently on the verge of bankruptcy again.

28 posted on 02/12/2009 10:38:46 AM PST by blam
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To: sickoflibs
Example: The equity bubble we had both gas/oil and houses skyrocketed in value. Many Fellow Americans I know (most) had no trouble selling their houses to the highest bidder (locking out young people) but cursed the oil companies for doing likewise. One was just capitalism, the other was greed and manipulation. Such split logic leads to my first point

My sentiments too!

I see this as an eventual windfall for the younger generation, who can then buy reasonalbly-priced houses, and run businesses out of shoppingcenters that have more reasonble rents, after the franchises have failed.

This is part of a cycle, that had to come, but did not have to be this severe.

29 posted on 02/12/2009 11:34:39 AM PST by happygrl (BORG: Barack 0bama Resistance Group: we will not be assimilated)
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To: blam
RE :”The Democrats are rewarding their do-nothing voters for their vote with your money.

That's what democrats do. Here's their logic:

1) They see tax cuts and social spending as the same, redistribution. Republicans see it as ‘my money’ being taken. What blurrs the lines is when you have tax cuts, massive govt spending and debt and bailouts. The ‘my money’ idea does not hold up(debt is not free) , although many freepers will claim it does. It was short sighted politically and did not buy lasting voters.

2) Given that they only needed the 3 RINOs democrats did not need to dish out pork to them. Republicans could have got more pork with their support but that would backfire on them as with past few years.

Now we need to repeat the message you said above about our money and theirs in areas that didnt get it. Here's how you stimulated with Julio getting your money!

30 posted on 02/12/2009 11:41:28 AM PST by sickoflibs (Pelosi: "Create jobs by teaching kids to use condoms in recovery bill ",condom jobs??)
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To: sickoflibs

It’s weird when one’s only hope for stopping this is global economic meltdown so they just won’t have the money for any of it.


31 posted on 02/12/2009 12:09:07 PM PST by little jeremiah (Leave illusion, come to the truth. Leave the darkness, come to the light.)
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To: little jeremiah

Did you see reply #3 ?


32 posted on 02/12/2009 12:18:29 PM PST by sickoflibs (Pelosi: "Create jobs by teaching kids to use condoms in recovery bill ",condom jobs??)
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To: sickoflibs

Thanks for the ping.


33 posted on 02/12/2009 2:13:46 PM PST by GOPJ (What's caused 19 deaths, makes travel difficult, and won't melt til April? Global Warming.FR:Dentist)
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To: sickoflibs

$180 million for construction of Bureau of Land Management facilities $500 million for wildland fire management $110 million for construction for the U.S. Fish and Wildlife Service $522 million for construction for the Bureau of Indian Affairs $412 million for Centers for Disease Control headquarters $500 million earmark for National Institutes of Health facilities in Bethesda, Maryland $100 million for constructing U.S. Marshalls office buildings $300 million for constructing Federal Bureau of Investigation office buildings

And I wonder who's districts these plums are going to??? I'll tell you who's NOT going to get any return favors - Obama. My guess is there's few to zero "plums" for Chicago. Isn't the Bureau of Indian Affairs almost a revolving door "contribution"? Obama's being rolled.

34 posted on 02/12/2009 3:03:51 PM PST by GOPJ (What's caused 19 deaths, makes travel difficult, and won't melt til April? Global Warming.FR:Dentist)
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To: Ernest_at_the_Beach

Things are getting a bit out of hand.


35 posted on 02/12/2009 6:12:01 PM PST by Marine_Uncle
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To: Marine_Uncle

It’s all about seizing control....makes me sick...back to the BB Game....


36 posted on 02/12/2009 7:23:40 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: sickoflibs

I did just now! Economic collapse may be just what the doctor ordered, as far as saving us all from 0bama’s evil plans. But more has to happen, too. Somehow he has to be dragged off the stage.


37 posted on 02/12/2009 8:50:11 PM PST by little jeremiah (Leave illusion, come to the truth. Leave the darkness, come to the light.)
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To: Ernest_at_the_Beach

Who won?


38 posted on 02/13/2009 10:30:08 AM PST by Marine_Uncle
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