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Obama and his economic gurus all chant, "Credit is the lifeblood of the economy," but they don't mean credit. They mean debt. Imagine the president saying, "Debt is the lifeblood of our economy. We desperately need to get more American families deeper in debt." That's what he means, and that's what these bailouts hope to do.
1 posted on 04/05/2009 6:10:58 PM PDT by Doofer
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To: Doofer

This particular article is written by a true Communist!

It is not the job of a capitalist government, in a Constitutional Republic, to “correct” ANY of the problems the author dreams up.


2 posted on 04/05/2009 6:13:45 PM PDT by Kansas58
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To: Doofer

He can’t prosecute them. Most of them are his advisers or contributed a great deal to his political campaigns, or are part of the Democrat Leadership, such as it is.


3 posted on 04/05/2009 6:15:14 PM PDT by Hoosier-Daddy ("It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Doofer
It's time to focus on anti-poverty programs to protect the growing unemployed from hunger and homelessness.

This is just sentence number 2 of the editorial, and they're already contradicting themselves. Anti-poverty programs aren't going to pull the country out of recession.
4 posted on 04/05/2009 6:16:19 PM PDT by dr_who
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To: Doofer

All of these “victims” were forced, at gunpoint, to go heavily into debt. Car dealers threatened to beat them senseless if they didn’t buy expensive vehicles and sign up for long-term car loans.


5 posted on 04/05/2009 6:17:58 PM PDT by NoControllingLegalAuthority
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To: Doofer
RICO = Frank and Dodd. Ain't going to happen with the ‘Rat majority.
6 posted on 04/05/2009 6:18:27 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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To: Doofer

The guy seems somewhat on-the-ball about the problems with Zero’s economic strategy; but then his proposed solutions are way out of left field.


7 posted on 04/05/2009 6:30:39 PM PDT by eclecticEel ("Envy is always referred to by its political alias, 'social justice.' " - T. Sowell)
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To: Doofer

Are they FINALLY catching on?

Arianna [Huffington] Tells Katie Couric: Bank Bailout Could Be Obama’s “Achilles’ Heel”

http://www.huffingtonpost.com/2009/04/29/arianna-tells-katie-couri_n_193324.html#postComment


9 posted on 04/29/2009 9:57:13 PM PDT by Lorianne
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