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Tim Daneliuk Tim Daneliuk is offline
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Default O/T: What's Next?

Rod Jacobson wrote:
Elrond Hubbard wrote:
I love it.

Over the course of 12 hours, John McCain does a 180 degree four-wheel
locked-brake slide from saying "The economy is fundamentally sound"
to "This is the worst fiscal crisis since the Great Depression," and
you characterize it as 'altering course.'

With spin like that, you could get a job as a human gyroscope.

If the opposition candidate had done the same, you would excoriate his
action as a flip-flop of Titanic proportions. With full
justification.

Priceless.
Scott


I can understand how clue less TV talking heads can't grasp simple concepts
but isn't the general public at least supposed to think on occasion? The
country has a 6.1 % unemployment rate (historically never considered high
or particularly significant). The mortgage industry has a approx. 6.2%
default rate that is 3X higher than probably desired but well under the 40%
rate of the 30's. The country has a well trained and educated work force. A
infrastructure of roads, rail and air that allow relatively cheap and
abundant transport. A farm and food production capacity dwarfing any
historical norm. A college and university system that attracts the best and
brightest from around the world. We have millions clamoring both legally and
otherwise to get into the country. Please explain for us less mentally
endowed how a temporary Wall street big paper shuffling debt problem trumps
all of the real physical properties that actually make this a great and the
most productive country in the world. In fact if the country in both the
business and private sector could learn that credit should be used with
serious discretion and that indeed you should pay cash whenever possible,
long term we'll be much better off.......The easy credit and borrow
mentality is really a fairly recent development (20-30yrs).....Rod



Uh ... you are going to confuse the Bush-haters and assorted other
effluvium from the left with all those facts and numbers. See,
you don't learn math when doing ritual tribal dances to get your
political viewpoint clarified. The stock market is not the
economy, this too shall pass, and - as you point out - we
are not remotely in Depression era trouble. However, Comrade
Obama and his fellow Marxists *are* in political trouble. They
need to manufacture and emergency to have a hope of being elected.

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Tim Daneliuk
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