Not a “dolt”,....Actually, a LOT of famous economists agree with him.
There are plenty of neutral sources that indicate a significant economic slow down. I don’t know why people can’t accept that W is a bad president when it comes to economics.
I think that theres plenty of that blame to go around, including very greedy people in Congress, state, and local government who keep raising taxes and ‘fees’.”
Fixed it
“This, from an idiot who admits he knows NOTHING about business.”
But he can predict the weather 150 years from now. Sheesh, we’re in trouble.
That giant sucking sound you hear is the capital flight from US industries. The politicians are making it clear that they are anti business and will blame all their problems on them.
The calvary ain’t coming, folks. Every time the government gets involved, it gets worse.
Remember the 70’s!!!!
You shouldn’t talk that way about our next president.
That's right Barrak McCain, Americans are bitter.
What a goober. Or as Daffy Duck would say, “What a maroon.”
You would think he is a politician or something.
we have been heading into a recession since august 2007 - the fed has been trying to stave it off, but the damage to institutional trust has been immense (trust between banks, not trust between banks and ignorant J6P such as youself), all due to wall street's hiding of worthless nothing-down mortgages in with legitamate AAA assets, is finally starting the take its toll on liquidity and solvency.
wake up. sometimes a recession really is a recession.
the heads of the ratings services that allowed tranching of AAA securities should be lined up against the wall and shot as an example - they have poisoned the global economy and it may be fatal.
McCain put his thumb downstairs, and then raised it in the air to declare that the world stinks.
When you step back and look at ANY of the candidates I’d say we’re in trouble... there’s NO real leadership on the horizon.
Even a blind hog will find an acorn every now and then.
Holy crap! We've got a f'ing retard for the nominee....... this is a joke.
Now how is this asshat better than Hillary and Obamalamadingdong?
For all the "conservatives" holding their noses and voting for this clown....
first of all, Abortion is never going to be made illegal.... you can't legislate morality. If people feel that sticking a pipe in a baby's skull and sucking it's brains out is "a choice". Then no law is going to keep them from doing it.
Gay Marriage, big f'ing deal. Since this choice of sexuality has no basis on morality and will interfere with the freedom to have sex in restrooms, parks and airports..... well let them go at it. A "legal" marriage has nothing to do with a "religious" ceremony. They can see how many divorce lawyers profit from this deal.
Foreign policy, puhleese. McCain will "reach across the isle" and pull a Nixon...... retreat with honor, etc. in order to not get "blamed" by his beloved media for the "genocide" in Iraq and Afghanistan. The problem for all three is when Iran goes nuclear. That's the last chair of the musical chair game that the world is playing..... what to do? what to do? Preemptive or let Israel do the dirty work.
Listen to McCain and realize that he will "get government working" on all our problems.... and that there has to be a government solution to EVERYTHING.
Republicans will get blamed for all the programs failing , as usual, so therefore we'll need MORE PROGRAMS in order to solve the "problems of our country".
This is the f'ing twilight zone...
I'm no McCain supporter, by any stretch, but he is clearly correct here.
The wealthy insiders, those that are connected have turned greed into science and have become quite good at creating schemes and saving their own backsides when these schemes collapse. It's much like government.
It's very similar to being laid off a job, many times the little guy is the last to know his world is about to change, when the secure and many times protected or isolated insiders, knew far in advance.
STEPHANOPOULOS: How about on the issue of climate change? Because you and Sen. [Joe] Lieberman [I-Conn.] have come out for a bill which would have mandatory reductions in greenhouse gases.No wonder McCain admits he doesn't know much about economics. Who does he think is going to pay for GE making all that profit, since he says it isn't the American taxpayer? Will President McCain just mandate that profits will henceforth grow on trees? Where is the profit from those mandated fluorescent bulbs coming from? Is McCain secretly suggesting he will set up a program to provide free fluorescent bulbs to the American people, since he says "It won't cost the American taxpayer"?
MCCAIN: Gradual reductions, yes.
STEPHANOPOULOS: But they are mandatory.
MCCAIN: Yes.
STEPHANOPOULOS: Are you sticking by that?
MCCAIN: What I mean by that is that it's cap-and-trade, that there will be incentives for people to reduce greenhouse gas emissions. It's a free-market approach. The Europeans are using it now. We did it in the case of addressing acid rain -- look, if we do that, we stimulate green technologies. I have great faith in the American industry. General Electric, the world's largest corporation, has announced they're dedicated to green technologies. This will be profit-making business.
It won't cost the American taxpayer. It will make profits, because we'll move forward with the innovation and ability of American industry to address this issue.
Recession or slowdown - take your pick. When scrap metal prices go up 40% in one month (March to April)& over 90% from this time last year, bad things are happening.
No recession until the neighbors have to sell the snowmachines, four-wheelers, and dirt bikes they bought their darling sons so that they may put food on the table.
There are always periods of expansion and contraction called the ‘business cycle’. No matter how many politicians pay lip service to an ‘economic crisis’, there is little or anything they can do to change the business cycle.
A financial crisis alone usually isn’t enough to bring on a recession or a contraction in the cycle. The Democrats not being in power during an election year is a much better catalyst.
The economy runs on trust between individuals, businesses and financial institutions. The Democrats and their Fifth Column, the media, are more than willing to take actions to magnify and embellish any legitimate mistrust in order to gain power. Once the trust is broken and consumer confidence shaken, it all too often becomes self-fulfilling prophecy.
Understand, the pendulum has shifted against us to the other side. You even hear Republicans asking, “What is the Government going to do about the current crisis?”. NYC Pub, frankly and honestly, McCain doesn’t have enough sense to shut his trap. I don’t think there is a way that a Marxist like Obama can win a General Election, yet, McCain will do all he can to test that theory.