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To: dano1

This is just plain stupid. Never ending. Please. Even the depression had an ending. This will be over in two to three years.


9 posted on 11/22/2008 4:07:25 PM PST by napscoordinator
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To: napscoordinator

We paid to get out of the depression with the lives of 438,000 service men.


14 posted on 11/22/2008 4:08:59 PM PST by Perdogg (01-20-2013 Obama's last day)
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To: napscoordinator
This is just plain stupid. Never ending. Please. Even the depression had an ending. This will be over in two to three years.

Sometimes depressions lead to Dark Ages. Ask any Roman. No Roman from 500AD lived to see the end of that Great Depression.

24 posted on 11/22/2008 4:18:09 PM PST by Travis McGee (--- www.EnemiesForeignAndDomestic.com ---)
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To: napscoordinator

“Even the depression had an ending. This will be over in two to three years.”

These are the beginning days of the new dark ages.


32 posted on 11/22/2008 4:22:18 PM PST by Kirkwood
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To: napscoordinator
Even the depression had an ending...

But FDR didn't have a country that was 100 TRILLION DOLLARS IN DEBT!

Our GPD is currently about 14 TRILLION PER YEAR!

This means that for every dollar we produce, we owe seven dollars and change.

This will not end in our lifetime.

33 posted on 11/22/2008 4:26:15 PM PST by realdifferent1 ("If you saw Atlas,...what would you tell him to do?"... "To shrug.")
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To: napscoordinator

If prices are falling, why would anyone buy today if they could put off purchases until tomorrow?

Rare, yes. Stupid, no.


40 posted on 11/22/2008 4:29:24 PM PST by Jacquerie (Free beer tomorrow.)
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To: napscoordinator
This is just plain stupid. Never ending. Please. Even the depression had an ending. This will be over in two to three years.

The depression ended when we got into WWII, reduced our workforce, and increased demand for the first time in a long time. Roosevelt started out with not much national debt to speak of, and delayed recovery for several years. Obama has a national debt equal to several years worth of spending and no real hope of actually expanding our economy. Two to three years is very optimistic.

44 posted on 11/22/2008 4:31:25 PM PST by Bernard (If you always tell the truth, you never have to remember exactly what you said.)
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To: napscoordinator

On what are you basing your conclusion?


62 posted on 11/22/2008 4:43:54 PM PST by fightinJAG (No choice but to boycott the Big 3 automakers, else we feed the Bailout Hole.)
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To: napscoordinator

“Even the depression had an ending. This will be over in two to three years.”

The depression lasted 12 years!

The current one I predict will last at least 10 yeats.


74 posted on 11/22/2008 4:58:54 PM PST by dalereed
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To: napscoordinator
“This will be over in two to three years.”
I believe that given enough time these problems will adjust buy themselves. However in the industry that I'm in(Telecommunication) we are already seeing a drastic pull back in new capital spending. Many of my colleagues as am I
are seeing upgrades and new system procurements being stop by CFO’s with no indication of when or if the the purchase will happen. If this last two or three years a lot of people will be put to the street with no hope of finding a job in their field.
95 posted on 11/22/2008 5:29:17 PM PST by devildognc (USMC 1972-1979 The Few The Proud THE MARINES)
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To: napscoordinator
Even the depression had an ending.

Yes...World War II!

What this article addresses is the need to create a climate of trust again.

Once trust is lost, it is very difficult to replace.

A government hell-bent on robbing producers to pay-off loafers won't get the job done.

106 posted on 11/22/2008 5:44:08 PM PST by NoControllingLegalAuthority ((Barack Obama...stuck on stupid and idle as the world races by him like a bullet train...)
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