Posted on 05/10/2010 2:15:34 AM PDT by The Raven
how right you are
“It is insane. I am really having a hard time mustering up the will to go to work today. I want to tune out and escape this madness.”
Well, look at it this way. We are witnessing the death throes of socialism in our lifetimes! It isn’t all bleak, just looks darkest before the dawn. A few more years, maybe a decade and things will be so much better, throughout the world...I think.
This gives new meaning to “papering over your problems”
I am shocked this is seen as a good thing.
Someone the other day pointed out that our greatest achievements were preluded by some of our darkest times.
That is a GREAT analogy. Mind if I use it?
isn’t it odd that the gltch last week in the DOW = $1 Trillion, and that is the same amount being sent to UK ?
It does make me wonder just how much invested is the Federal Government in the stock markets?
Sugar high. Nothing more than that.
Maybe its the smart ones selling to the idiots who buy this crap. Then again, who is buying? Is it government and institutions doing the buying?
I dunno.
PLS., whaddya mean 'bout $1 Trillion to UK?
What goes up...
Assuming you are one of the Americans who actually PAYS taxes, you can't escape participation, because 18% (per CNBC) of the IMF bailout money for Greece is being provided by the U.S.
Instead of a small bandage they applied a very large and expensive bandage, nothing more. They didn’t fix their systemic problems, they simply kicked the can down the road. By the way, what’s going to happen here when Fannie and Freddie go bust (one asked for additional funds last week and the other asked for more this morning)?
Yeah, but they stole the can from us before they kicked it.
What is fascinating to me is that back in 2006 I was predicting that this thing could actually get worse than the great depression. Not only was I vilified for it, but even I had a hard time accepting it. My raw understanding of history and human nature told me it was a very real possibility, but my emotions just could not fathom it.
It turned out to be more real than even I thought.
It is like the time Bill Gates made the comment that computers could reach a standard price point below $1,000 and it seemed ridiculous, if it were not for him being the one saying it. What I am saying is that it is all about our ability to break strong paradigms.
With all that said, I actually DO think the February 2009 prediction is believable - and MUCH MORE so than last March. Just look at how our leaders (and leaders of certain other countries) are acting. It is peculiar.
I am one of those that believes this stimulus package will pass in one form or another. I am also one of those that believe that if it does, in a few months we will be in the same condition, only worse, and several hundred billion down.
“
After the hangover over this latest handout starts to clear,
the EU debt and their hooked on socialism inhabitants will still be there.
“
On weekday mornings, I listen to National Public Radio for opposition
research (after a slug of anti-nausea medication).
I have to give one of their reporters credit for being realistic about
this “bailout” of Greece.
The reporter mentioned that the USA was footing a fair part of the bill,
the Greeks may ruin the deal by not sticking with the austerity measures,
and very likely will still default and go off the Euro for some time.
What a freaking mess.
The ups and downs are really starting to look like the fall of 2008.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.