Posted on 07/24/2010 5:04:40 AM PDT by Son House
They better articulate a focused message pretty soon. Most "average al's" don't have any idea what the heck they are running on yet.
...Bush’s fault... ask lamearse idiot-ridden JackSquatPOTUS...=.=
Well yes. In financial terms, that means credit is tight, and can be expensive when you get it. Bankruptcy laws were grossly abused up until 2005 when rules were tightened, but the beat still goes on.
And there are voices in the culture saying it's OK to walk away from duly negotiated obligations, if they become inconvenient at a later date. All you have to do to justify it to yourself is to play the class-warfare card and blame your troubles on the eeevil banksters. Then, your welching is just payback, not personal irresponsibility.
Boy is that a fact. Listening to my usual Saturday morning local liberal talk show, it is appalling how ignorant the average Al really is. I found out today that Ronald Reagan "created a 1.4 trillion dollar deficit, and no jobs. None." GW Bush created no jobs either. So it's obvious tax cuts don't work except to increase the deficit.(This from a guy who sells boats and has reduced his business from 18 employees to two. "Just a downstroke in the economy!")
With talent like this out there voting, we're so screwed as a nation. The NEA has achieved its goal--waste 100 billion a year and turn out a nation of idiots in the process.
What scares me is the old saying people get the government they deserve.
Wow that is a scary image...
Like you stated, such bad behavior is detrimental. There’s no solution possible from our elected officials until society as a whole rejects corruption as a whole. I don’t so much blame the ‘Prince of Fools’ as much as I blame the dumb masses that voted him and his minions the power to loot and pillage their fellow citizens.
Taxes are going sky high. Somebody’s got to pay for this eventually. What if they ultimately kill the golden goose? I thought a major mistake the ‘progressives’ make is to really disparage this nation to the point where no one will see it fit to save any longer.
It's about rampant spending by consumers for a generation. It's about withdrawing equity from their homes at a rate of 8% per year.
The same people were telling us for a generation that they were "just trying to make ends meet" while living in mansions. Yes, in mansions: the average house built in 2007 was 40% bigger than its 1950s counterpart. Couple this with the fact that a family is now twice smaller, and you arrive at the fact that people have 3 times more housing than their parents/grandparents. They also saved nothing -- 1% on average since early 1990s and even negative savings in some years.
With the government and the Fed inflating the money at will, saving money just lets them drain its value right from under you.
Saving is not practical if you don't have sound money to save.
You also conflate the growth of money supply with price inflation.
What kind of credit was he extending?
WHAT?
How could that be?
After all many believe we have the anti-American Muslim in office focused on destroying America from within.
Where is your optimism anyway, geez!
Not sure on the details(nor will I pretend to ‘know-it-all’(remind you of some one?)), maybe some construction/retail business folks could better explain what goes on
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