Posted on 03/11/2009 11:38:19 PM PDT by Zanton
Anti-freedom radicals George Bush, Barack Obama, and their intellectual allies have really done a number on us recently. For the past seven months or so, the irrational, illiberal, Dark Age dolts and dirtbags which run the United States have been energetically trying to "rescue" and "stimulate" the economy via socialism, fascism, and other types of tyrannical Big Government "help."
But this is almost exactly how Leviathan undermined, sabotaged, and devastated the prosperity and wealth of America in the first place. Having Uncle Sam double down on politico-economic ignorance and evil -- by radically increasing the level of poison and destruction fed directly into our business and financial systems -- will not work.
What should be obvious is this "cure" is only making things much worse. Our leaders are taking a burst housing bubble-, credit crunch-, and stock market collapse-based fairly normal Recession and turning it into a savage-everything truly intense Depression.
None of this statist "help" helps. The economy and society desperately need to be allowed to breathe, function, and live in liberty and free enterprise. This allows the natural, normal, healthy healing processes of freedom to take place and fully exert themselves.
The economy and society must be allowed to correct the evils of previous Big Government activity and begin to properly right themselves. Free human beings have to be permitted to find a new, natural equilibrium and healthy, healing balance.There needs to be an immediate and utter halt to all "assistance" from Big Brother.
You said — “What should be obvious is this “cure” is only making things much worse.”
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Now while you may make the determination, from your own “position” that it is making things worse — I think this will take a while to become “obvious” — because these kinds of things do take a while to take effect in the economy, good or bad. I would anticipate about a year before effects become obvious. The economy has a “lag” built into it... It’s just the way things are.
So, in the meantime, you’ll be seeing things happen — but those things that are happening now are from the “house of cards” that we’ve built up over the last several decades and that is what is *crashing* right now. You will see the results of that happening, as we speak.
But, for Obama’s hand in things, I would say about a year...
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The “good news” (if you can call it that...), is that you get to say, in the next Presidential election — “Are you better off than you were four years ago?!”
And also, “It’s the economy, stupid!”
The free market can produce a recession.
It takes a Govt to produce a depression.
Drunk with hangover:
Prescription by fellow drunk: More booze.
Economy devastated by irresponsible, loose govt credit policies:
Prescription by the politicians who induced the devastation: More and yet looser govt credit policies.
No doc, NINJA, house flipping helped create the housing mess.
The Obama Administration’s solution: Govt-backed, taxpayer-financed No Doc, NINJA and simular speculation to be continued.
“More of the hair of the doc that bit you.” (policies of the finest intellects of the Democratic Party Leadership...or could also be the advice of the town wino)
Based upon the elites, what we need are more lawyers, electrons so we can have more trading digits, debts, also more wood pulp to print paper representations of wealth.
Also, everyone should be made a Viscount, at least, and have a star named after them.
We’ll let the Chinese do all the work, and make everything, and they can basically just give it to us for printed wood pulp dollars backed up by the good faith and credit of Bwarny Fwank, Nancee Pell-lousy, Dingy Reid and President Urkel.
It’s all been a “house of cards” for several decades... It has finally come crashing down...
“The free market can produce a recession.
It takes a Govt to produce a depression.”
Brilliant, OldArmy52!
Star Traveler — Without all the bail-outs, rescues, and stimuluses of these past 7 months or so, the economy would be in FAR better shape!
Good one, Tex Pete! :-)
So, you’re saying that instead of the Great Depression that we’re in lasting six years, it would last only 5 years and 6 months, instead...
Well, that could be....
Title: Brokebank Mountain
Subtitle: Kiss the Pig
Star Traveler — Well, I’m not. WITHOUT Big Brother’s “help,” the stock market would be about 11,000 with unemployment at 6% and a GNP of +1% or so. All the “rescues” the past 7 months have simply KILLED the economy. The recession/depression will now last TEN TIMES as long, in my view. And it will significantly hurt future growth, due to the deficit, FOREVER. :-(
Well, I don’t think so, because the government has been messing with this economy for decades, making up the pretense of success, when it’s only been a house of cards, all along. The crash was going to happen, inevitably — and it was only a matter of when and what would set it off. Now we know the when and what set it off.
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