Posted on 03/09/2008 2:43:35 PM PDT by fweingart
No, as I said, the solution involves jump starting the nuclear power industry. And removing some of the roadblocks that prevent any sane corporation from building more refineries. But ANWR would have been part of the solution. You don’t know what the total reserves will be until you actually start drillling and developing. Those are estimated reserves, so far.
I also mentioned opening up offshore drilling again. Why should California be allowed to suck up power from all the surrounding states, while allowing nothing to be built within the state? The greenies in California have one of the worst cases of NIMBY in the country.
Stop Freaking Out: Even In a Recession, the Economy is Strong
http://www.freerepublic.com/focus/f-news/1983177/posts
Greenspan allowing interest rates to go low.
He claimed more people were getting homes and that employment was up (which was true).
Now you have an adjustment in home values, you have the effect of the Democrat new minimum wage raising things higher along with ethanol causing food to double.
He claimed more people were getting homes and that employment was up (which was true).
Now you have an adjustment in home values, you have the effect of the Democrat new minimum wage raising things higher along with ethanol causing food to double.
Ah, free financial advice from someone who says it's impossible to make any money when we've got "the oil mess with the housing mess we get a larger mess than this economy can withstand". That's liberal talk, that it's impossible to create wealth so there's no need to work at it.
Conservatives love working; not only because it pays so well but because it's fun. We get rich (fwiw, my holdings are up) while liberals go broke and blame their poor choices on us rich guys as an excuse to raise our taxes and fund their welfare checks. Sometimes this state of affairs upsets me so much I cry all the way to the bank. OK, actually I laugh all the way but "cry" sounds funnier.
But hey, it's a free country and we can all continue doing what we're doing and keep getting the results we've been getting.
Thanks.
If you Google “Warren Buffett poetic justice” you’ll find a very good read on Mr. Buffett’s viewpoint of the current economic cycle. Contrary to the “doom and gloom” stories of another “Great Depression” Mr. Buffet sees plenty of capital to fuel economic growth.
Unfortunately, for those of us who are interested, there wasn't a clue of a hint.
Maybe we are saying the same thing with different words. I don’t know. If you are saying that Reagan played absolutely no role whatsoever in the budget deficits experienced during his administration, then I have to disagree. I agree that the Democrat congress drove spending. I agree with that. I agree that Reagan did not intend to spend as the Democrats would like. I agree that Reagan did not intend to run huge deficits.
But at the end of the day, he presided over the budget and signed them. Or are you saying that Reagan vetoed every one of those Democrat budgets and they voted to over-ride all his vetoes? Because if that is not the case, then every budget he signed — every budged that carried his signature — he is reponsible for.
Was Reagan to blame for it? No. Was Reagan complicit. Absolutely. I can’t fathom how you can believe differently unless he vetoed every one of Congresses budgets and had them shoved down his throat with veto over-rides. I’m 50 years old and remember the era reasonably well.
They are two COEQUAL branches of government. IF Reagan had vetoed every spending bill, it would have gone just like Newt shutting down government, he would have been perceived as attacking government. As a military member under Reagan, I remember my pay being held hostage during these ‘negotiations’. Vetoing spending bills has consequences.
Reagan did his job submitting lower budgets and proposing taxcuts that freed the economy to grow. Congress did not and has gone even wackier under Bush. Liberals have a strong need to diminish Reagan’s real achievements. Getting Congress to cut taxes so the economy could grow was one of them.
The globalists, of which Bush is one, have done this. This fraud of a banking system has finally run it’s course, and now the control freaks will use the crisis as an opportunity to merge our nation with Mexico and Canada. They’ll say it’s the only way to get out of this mess, bla bla bla.
Just another step in the globalist plan. They’ve been working at it in earnest since 1913.
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