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A very sobering perspective on what the recent financial meltdown has wrought and it's not a pretty picture..and yet.......
....To imply that the greatest, most powerful country in history has suffered an economic hit it might not ever recover from is in a word, unAmerican , to imply that the greatest, most powerful country in history has suffered an economic hit it might not ever recover from is to deny that what has made America so great, the very principles set forth by our founding fathers, the resilience of its people to carry on with relentless bravery in the face of adversity. I believe that despite the toll our burgeoning deficit may take, America's best days are yet to come. God Bless America.
1 posted on 02/02/2010 3:33:45 AM PST by lbryce
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To: lbryce

After the left and the Carter adminstration got done wrecking America in the 70’s and saying America’s best days were over, along came the great Ronaldus Magnus saying that our best days were yet to come. I like you believe the same.


2 posted on 02/02/2010 3:40:06 AM PST by KC_Conspirator
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To: lbryce
( Huge Deficits May Alter U.S. Politics and Global Power ) ...

There is a reason, purpose, and agenda for all of this and that it has been all engineered to bring about one thing ?
It's engineered to bring about America's downfall economically, politically, America's world influence, and militarily...
3 posted on 02/02/2010 3:42:16 AM PST by American Constitutionalist (There is no civility in the way the Communist/Marxist want to destroy the USA)
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To: lbryce

The commiecRATS can’t risk another election in 2010, maybe never again. Whatever they try in 2010, they must fail.


9 posted on 02/02/2010 4:04:51 AM PST by Waco (Wanna buy an FBI file,,,See Hillary, she's got 900 of them.)
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To: lbryce

I think you are both right. On the one hand, the US has taken an economic hit which it might recover from, but on the other, your kind of positive attitude is what will stop that from happening!


10 posted on 02/02/2010 4:07:09 AM PST by Vanders9
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To: lbryce

Not if we fire the idiot with the credit card, and cancel the policies he’s put in place.


11 posted on 02/02/2010 4:08:35 AM PST by G Larry (DNC is comprised of REGRESSIVES!)
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To: lbryce
I believe that despite the toll our burgeoning deficit may take, America's best days are yet to come.

The Founders were adamant about not granting the franchise to morons, women, those under 21, and non tax payers.

The politicians failed to heed their warning, and all of those groups have now been enfranchised via Constitutional amendment and are the reason this Republic cannot possibly endure.

The enemies of Freedom are all around us, the 50 % of Americans that continue vote Democrat.

A populace that gave the maniac algore the popular vote in 2000, elected Bill Clinton twice, and now puts a communist crypto-muslim in the White House is a populace and nation that has only darkness and despair on the horizon.

This Republic will fall, as the non taxpayers will continue to support those politicians who will redistribute money in exchange for votes.

Lets hope that in the new one that rises from its ashes, only taxpayers and veterans are entrusted to have a say on who may govern.

12 posted on 02/02/2010 4:12:00 AM PST by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
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To: lbryce
I believe everyone can agree that the debt crisis put a real strain on our economy and it leaves us w/ few pleasant options. That being said, spending more money and generating mountains of debt are precisely the wrong answer.

My modest proposal:

1)Cut 2% across all departments of gov. If that means lay-offs, well, welcome to the real world.

2) Eliminate the Dept of Education completely. Nothing can be shown to be a bigger failure than this monstrosity. Get rid of it.

3) Require all fed. employees (including elected officials) to pay Social Security taxes and begin an evaluation of fed pensions to bring them back in line w/ private sector pensions.

Continuing to borrow money from the Chinese is absolutely unacceptable.

13 posted on 02/02/2010 4:14:15 AM PST by Pietro ("I am not an idealouge" BHO; "I am not a crook" RMN)
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To: lbryce

And, unfortunately, the Government’s “cure” for the Financial Meltdown was to avoid pain by huge bailouts, guarantees, more regulation, taking over industries, and (of course) bigger Government. And the icing on the cake is we elected an inexperienced Socialist. This assures that the deficits will never go way. We made the wrong choices, plain and simple.


14 posted on 02/02/2010 4:17:50 AM PST by rbg81 (DRAIN THE SWAMP!!)
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To: All
You Tube:Greenspan Destroys Deregulation in 16 Seconds
19 posted on 02/02/2010 4:26:12 AM PST by lbryce (Obama Notwithstanding, America's Best Days Are Yet To Be .)
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To: lbryce

America will once again become great... but it may take a real revolution to get there... at the ballot box or otherwise.

LLS


21 posted on 02/02/2010 4:29:51 AM PST by LibLieSlayer (hussama will never be my president... NEVER!)
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To: lbryce


24 posted on 02/02/2010 4:50:38 AM PST by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
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To: lbryce
Obama needs to be fired immediately.
This is irresponsibility of the highest order. Unimaginable.
25 posted on 02/02/2010 4:54:18 AM PST by Chgogal (American Mugabe, get your arse out of my bank, my car, my doctor's office & my elec. utility.)
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To: lbryce

And that is exactly Obama’s agenda.

He wants to ruin this country.

Where is the GOP? Where is the tea party?


30 posted on 02/02/2010 5:13:50 AM PST by Reagan69 (The only thing SHOVEL-READY since BO's stimulus has been MICHAEL JACKSON (tammy bruce))
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To: lbryce

Well, if we elect a Congress which will actually do its assigned tasks - one of which is to coin money, and regulate the value thereof - we can recover.


34 posted on 02/02/2010 5:22:25 AM PST by Jim Noble (Hu's the communist?)
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To: lbryce

I agree sir. We may have some rough times, but I think (and hope, and pray) that Americans will rise up this November and deal Obama a devastating political blow.


38 posted on 02/02/2010 6:24:14 AM PST by St. Louis Conservative
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To: lbryce
This is a good realization that address an article I read recently why monetary policy does not work. The do not get into the numbers. Or they only give numbers that support their agenda. Both sides do this and sometimes it is just out of ignorance.
This NY article states after this writer gets into two numbers it concludes, what conservatives see from the beginning. The problem is that the usually American people turn out under normal circumstances when you get into the weeds, except now.
40 posted on 02/02/2010 7:25:52 AM PST by wmposh
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To: lbryce

“....To imply that the greatest, most powerful country in history has suffered an economic hit it might not ever recover from is in a word, unAmerican , to imply that the greatest, most powerful country in history has suffered an economic hit it might not ever recover from is to deny that what has made America so great, the very principles set forth by our founding fathers, the resilience of its people to carry on with relentless bravery in the face of adversity. I believe that despite the toll our burgeoning deficit may take, America’s best days are yet to come. God Bless America. “

there is no confidence in the dollar. The fed is monetizing debt. Once the credit contraction slows/ends, the endless dollar printing is going to begin to cause serious inflation, aside from the anticipatory currency moves we already see.

it may be unamerican, but it is very realistic, and is a story told over and over throughout history. Is there any old empire that reached the level of fiscal disaster the US is at and didn’t keep rolling downhill?


41 posted on 02/02/2010 8:16:44 AM PST by WoofDog123
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To: lbryce
Photobucket
43 posted on 02/02/2010 9:43:55 AM PST by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: lbryce

Honestly, it will. We are in deep trouble. We don’t have a manufactoring base anymore, and are so in debt that not borrowing will lead to a massive collapse.

The USA is going the way of the British Empire.


47 posted on 02/02/2010 6:25:45 PM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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