I have a feeling this is about to get bad. This earth is going to look like a sci-fi movie.
Why else would congress vote for a bail out when 99 out of a 100 people were against it? What do they know that we don’t know?
When the government owns every thing there’s no need to make a profit. Therefore there’s no need to work. When it comes to that will thugs come around and pick you up in buses and take you to the mines?
This would have happened without the bailout that the American people didn’t want.
Bush and Paulson should resign...not joking.
bho is the stooge of his puppet masters....they set it up good for him and will own him.
I can’t wait for the oncoming:
Global taxes
Carbon credit fees
Showing ID when paying cash
Carbon credit data per person
Higher taxes
The US Economy is the engine that drives the world. We saw that when the US Ethanol Subsidies impacted food prices around the world, and we see it today as our Congresses “screw-up” (with the mortgages to those who can't/won't pay) spreading around the world.
Hank Paulson just announced the plan that will shut down that engine. Where is John Galt? I'm ready to join him.
“Why else would congress vote for a bail out when 99 out of a 100 people were against it? What do they know that we don’t know?”
Because they know something most people do not know.
They know something the textbook academic economists who are befuddled by Bush’s actions don’t know.
They never mention only foreign authorities were calling for this in the beginning.
The never mention Bush’s people are not meeting with top American experts, but the G7.
It’s not in their textbooks.
The foreigners are more invested in mortgage backed securities and Goldman and JP Morgan than Americans are.
Bush is acting for the foreigners first. He always gives clues to foreign concerns in his speeches of late.
What is their leverage over Bush?
They are also financing his deficits. They threaten to end that, and that would collapse Bush’s dreams of big government.
Conservative noise-makers are mostly quiet because they rather not think about the fact their fantasies about tax cuts without spending cuts are now shot to hell. Deficits DO have consequences after all.
“Therefore there’s no need to work.”
One of the myths of socialism. Instead, I suspect we’ll need to work harder just to stay in place.