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Barack Obama: we must spend our way out of recession
The Times ^ | 1/9/2008 | Tom Baldwin in Washington and Philip Webster

Posted on 01/08/2009 5:06:58 PM PST by bruinbirdman

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1 posted on 01/08/2009 5:06:58 PM PST by bruinbirdman
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To: bruinbirdman

Uh, we’re screwed


2 posted on 01/08/2009 5:08:36 PM PST by prismsinc (A.K.A. "The Terminator"!)
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To: bruinbirdman

Splat ...


3 posted on 01/08/2009 5:09:05 PM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
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To: bruinbirdman

How can an inexperienced “Fifthgrader” lead us to the promised land? This guy is so incredibly incompetant and arrogant that the only position he could get was a government job. America, wake up! We have been sold down the river by the politicians.


4 posted on 01/08/2009 5:11:28 PM PST by Machavelli (True God)
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To: bruinbirdman
Yippee! Soon, we'll all be billionaires under Obama!


5 posted on 01/08/2009 5:12:58 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: bruinbirdman

Ok, so we will just be continuing Bush’s policies. Cool.


6 posted on 01/08/2009 5:13:15 PM PST by softengine (Betrayal and Hypocrisy play on both sides of the fence.......but no one will admit it.)
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To: bruinbirdman

“The American Mugabe” speaks!


7 posted on 01/08/2009 5:13:27 PM PST by reg45
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To: bruinbirdman

To a point I agree.

Not just the government. The wealthy have to open wallets, companies need to buy stuff, banks need to unfreeze credit people need to stop being afraid.


8 posted on 01/08/2009 5:14:18 PM PST by edcoil (Looking for a new tagline - do you have one I can use?)
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To: prismsinc
Uh, we’re screwed.

Yep. Goddam gibbering socialist idiots are intentionally seeking to destroy the currency. Solve a credit bubble by inflating the credit to unheard of and untenable dimensions. Makes all kinds of sense. I suggested a month or two ago that this situation is beyond fixing, that the only course of action that has a chance of survival is to do nothing. But no political whore will ever stand the hell back when they can dig in amd make things worse.

9 posted on 01/08/2009 5:15:49 PM PST by hinckley buzzard
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To: bruinbirdman

Well of course! Because FDR was sooo successful at spending his way out of a recession with his New Deal, thereby saving the economy and averting a Depression...

...er, oops.


10 posted on 01/08/2009 5:16:24 PM PST by Zeddicus
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To: bruinbirdman
...as clear evidence of a growing world consensus that governments must support their economies with fiscal injections.

There's that "concensus" word again. Boy, the libs just love that word. Government "support" merely prolongs the pain.

And just wait until Congress allows the Bush tax cuts to expire.

11 posted on 01/08/2009 5:20:27 PM PST by HoosierHawk
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To: softengine

Ok, so we will just be continuing Bush’s policies. Cool.


He could do exactly the same thing as Bush and the MSM would breathlessly report how brilliant he is (while Bush got sneared at).

Anyone with half a brain will realize that we are where we are because we’ve been stimulated to death ever since Clinton came into office. Most Americans are up to their ears in debt—putting $1000 dollars in someones pocket will not make much a difference when your $20K or more in debt.

Whatever. We (Americans) bought the ticket, now we’re going to take the ride. The Republicans in Congress are going to do little/nothing to slow down this train aside from spewing some empty rhetoric. Very soon we will be in a position where we can’t even pay the interest on our debt anymore and then watch out. You’ll know we’ve reached a state of economic canabalism when there is a tax on assets like Charlie (the Hustler) Rangel says. And even that may be just the beginning....


12 posted on 01/08/2009 5:22:31 PM PST by rbg81 (DRAIN THE SWAMP!!)
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To: bruinbirdman
“Eleven days before taking office, the US President-elect said that he was entering his presidency “in the midst of a crisis unlike any we have seen in our lifetime”.”

Now THAT is the height of generational narcissism, myopia, and arrogance, and he's in my generation. Gee, we are so deprived here in the US that people trampled and killed a Walmart employee so that they could buy an X-box. We're so deprived that only a portion of the population has iPods and iPhones. We're so deprived that $2+ a cup coffee places like Starbucks have had to close a few outlets. This is clearly much worse than experienced by those in the world who can't feed their children, who were shot because they challenged the tanks in Tianamen square, or in Hungary, or because they got too close to the Berlin Wall. Much worse than where we were the morning after two of our tallest buildings, along with 3000 people, were lost in New York.

This is clearly a bigger crises than World War II, the Cuban missle crises, the Cold War, the Korean war, the War on Terror. Unbelievable.

13 posted on 01/08/2009 5:24:42 PM PST by pieceofthepuzzle
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To: bruinbirdman

Obama is mad as a hatter.


14 posted on 01/08/2009 5:25:21 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: bruinbirdman

It won’t work. What the government should do is precisely nothing. They should stop what they are doing. They have done too much and created the mess we are in now. Obama’s tax cuts and increased spending is right out of the Keynsian playbook that got us here. How about some action based on Austrian thought, for a change?


15 posted on 01/08/2009 5:27:59 PM PST by MichiganConservative (You are a slave. The government is your owner and master. For many slaves, it is also their god.)
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To: Travis McGee
You have the wrong picture! All is not lost.

Some of us are going to save what we have!

Semper Fi
An Old Man

16 posted on 01/08/2009 5:28:28 PM PST by An Old Man (Use it up, Wear it out, Make it do, or Do without.)
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To: hinckley buzzard

Remember what Rahm Emmanuel said- A crisis is time to push things through that normally would never get off the ground. This is why Zero is magnifying the problems so. If Republicans go for this, we need to call each one of them and tell them to be counted on not being re-elected. My phone is going to be very busy this year.


17 posted on 01/08/2009 5:29:26 PM PST by dandiegirl
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To: bruinbirdman
Spend our way in, then attempt to tax and spend our way out?

If that plan is implemented, expect a long recession.

18 posted on 01/08/2009 5:29:37 PM PST by Mr. Mojo
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To: bruinbirdman

0bama is full of shit and will never be my president, nor will anyone he appoints rule over me in any fashion or manner.


19 posted on 01/08/2009 5:31:21 PM PST by panaxanax ("Those who beat their swords into plowshares will plow for those that don't." T.Jefferson)
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To: bruinbirdman

out of a recession into a depression he means.


20 posted on 01/08/2009 5:31:21 PM PST by MartinStyles
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