To: am452
Conservatives including Rush Limbaugh and GWB better wake up. This economy is sick. Sick of 50+ years of excess credit creation. Sick of Goldman Sachs and Citi Bank honchos like Robert Rubin, John Corzine, and Paulson running our economy off a cliff. Sick of spending trillions of dollars to purchase oil from our enemies that we could have purchased at home. It is tragic that we are headed for a socialist government because we, the conservatives, refused to follow our own advice and demand sound financial policies from our so-called conservative administration.
212 posted on
09/15/2008 4:32:03 PM PDT by
brydic1
To: brydic1
Kudos to your statement! It is time for some authentic conservatism
To: brydic1
Conservatives including Rush Limbaugh and GWB better wake up. This economy is sick. Sick of 50+ years of excess credit creation. Sick of Goldman Sachs and Citi Bank honchos like Robert Rubin, John Corzine, and Paulson running our economy off a cliff. Sick of spending trillions of dollars to purchase oil from our enemies that we could have purchased at home. It is tragic that we are headed for a socialist government because we, the conservatives, refused to follow our own advice and demand sound financial policies from our so-called conservative administration.My thoughts are identical to yours
We import manufactured items and oil running up an unsustainable trade deficit
We think we can live in the clouds forever like Greek gods
Then we churned/flipped homes to make an illusion of good times and prosperity
But this home flipping greed was nothing compared to the greasy greed of Wall Street which vacuumed up and packaged these mortgages into CMOs that turned toxic. This CMO mill shoved loads of product out the door to be bought by suckers including the Europeans and Chinese. Obviously these savvy Wall St players sampled too much of their own product and that's why they are going down or bankrupt
Worshiping the Golden Calf is what the bible names it
222 posted on
09/15/2008 5:10:24 PM PDT by
dennisw
(Never bet on a false prophet! :::::|::::: Never bet on Islam!)
To: brydic1
232 posted on
09/15/2008 5:38:54 PM PDT by
RobRoy
(This is comical)
To: brydic1
Rush Limbaugh doesn’t have a $400 million contract for nothing. He’s got the biggest audience a government propagandist could buy. He’ll stay asleep until the money runs out.
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