aquapub
DP Veteran
- Joined
- Apr 16, 2005
- Messages
- 7,317
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- 344
- Location
- America (A.K.A., a red state)
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- Male
- Political Leaning
- Conservative
This visionary column by Dick Morris hits the nail on the head:
TheHill.com
As Obama uses the recession to justify wildly expanding the nanny state-to European proportions-under the guise of "recovery," while the policies he enacts actually drag it out and worsen it, he will fundamentally weaken the US and cripple its economy, permanently, with irreversible welfare programs, as FDR did with things like Social Security.
He will also use this insane government expansion to stack the deck for generations against those who prefer individuality, personal responsibility, and self-reliance to nanny state welfare programs and no right to choose.
And like FDR, for his assault on America, Obama will be revered-at least by all who control the flow of information in this country. And the free market enabling this country to still inch its way towards recovery despite liberal policies will be misrepresented for all time as liberals fixing Republican policy failures.
So the question is, will America be the least bit distinguishable from the stagnant, mediocre economies of Europe, with their double-digit unemployment rates and government-run everything by the time this charismatic serpent is done smiling his way past our common sense?
I was just reading about FDR and the New Deal and the events leading to the Great Dep.
They are all just way too reminiscent to today's standing.
...Scary...history repeats itself (like I've never heard that one before..)...
:afraid:
Yes, I think after this whole ordeal, the line between the US and Europe will be much more of a blur.
America is becoming too socialist for me. Progressivism is ok, but socialism - :2no4:
that is what makes America, America, and not Europe.
I'll tell you what though, Europe is rejoicing these moves. It's hard to read The Economist magazine after they fell in love with American socialism
Wouldn't you just love to buy in cash one of those kick ass BMW's or Mercedes?
McCain was also all for massive spending as some sort of remedy to the situation.
The phony cons can shut up anytime IMO.
I don't understand what the problem is. The economy has shown once again that it cannot survive without the government.
How did you come to that conclusion?
Horrible management on the executive levels? Shady dealings with untrustworthy individuals in the market place? Spending money that does not exist? Corporations "losing" billions of dollars?
Horrible management on the executive levels? Shady dealings with untrustworthy individuals in the market place? Spending money that does not exist? Corporations "losing" billions of dollars?
Exxon has been doing great. They got enough cash in the bank to last for eons.
Horrible management on the executive levels? Shady dealings with untrustworthy individuals in the market place? Spending money that does not exist? Corporations "losing" billions of dollars?
Horrible management on the executive levels? Shady dealings with untrustworthy individuals in the market place? Spending money that does not exist? Corporations "losing" billions of dollars?
Horrible management on the executive levels? Shady dealings with untrustworthy individuals in the market place? Spending money that does not exist? Corporations "losing" billions of dollars?
The Constitution's General Welfare Clause requires that all the federal government's expenditures be for the general welfare, such as a highway, or a national park, or a military installation; something from which everyone can directly benefit. Shareholders of Freddie, Fannie, and Bear Stearns are a small limited class of persons whose well-being hardly enhances the general welfare. Besides, the government cannot decide which businesses can survive and let others fail.
No one forsaw a real estate bubble that was about to burst.
Umm, sounds like you're describing the government
Umm...the entire market missed the fact that the bubble was going to pop...until it happened...How could you miss it?
Umm...the entire market missed the fact that the bubble was going to pop...until it happened...
that's the reason why it is a bubble
So it's only a bubble if you don't know about it until it "pops"? So because I knew of the credit bubble, for example, before it "popped" does that mean it wasn't a bubble?
Well if people (the majority) knew it was going to "pop" then they would pull out, thus making it 'pop'. (But I am not familiar with the credit bubble.)
And of course you will always have the people on the side warning about it. But the majority go along with it.
:3oops: sorry about that mix-upOk, well you said "the entire market" and not "the majority of people". Thanks for clarifying. .
But the idea is the majority of people don't know it is a bubble. Or if they did, no one like to be in a bubble, so it popsSo I think claiming that "the entire market" missed it is incorrect; they knew it was going to happen, they just didn't know when.
But the idea is the majority of people don't know it is a bubble. Or if they did, no one like to be in a bubble, so it pops
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