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To: Cheetahcat
RE "We were using the same monetary resources over end over until it ran out NOW what?"

We built houses at prices no one could afford on borrowed money. Now many houses are empty. Where did the money go? Labor, illegals building houses, real estate agents, mortage and stock brokers,....all the jobs in the boom economy, but they spent the money and borrowed more. So we have empty houses and debt, so lets borrow more. I guess dems figure their federal project boom cant bust, but the bond market funding it can,then what? No one in press asking that but republicans have picked up on my idea to ask about it.

55 posted on 01/27/2009 2:15:37 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government welfare plan")
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To: sickoflibs
“We built houses at prices no one could afford on borrowed money. Now many houses are empty. Where did the money go? Labor, illegals building houses, real estate agents, mortage and stock brokers,....all the jobs in the boom economy, but they spent the money and borrowed more. So we have empty houses and debt, so lets borrow more. I guess dems figure their federal project boom cant bust, but the bond market funding it can,then what? No one in press asking that but republicans have picked up on my idea to ask about it.”

That is a hell of an overburden the Dems made here! and just throwing money at it is not going to do anything but create inflation.I hope our People stand firm or this is going to be a wild ride with a horrific ending.

57 posted on 01/27/2009 2:30:07 PM PST by Cheetahcat (Osamabama the Wright kind of Racist!)
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