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09-08-2008, 04:20 PM
All of what you posted is true, but the economy is still growing. Rising inflation and oil prices do not mean that the economy is bad. True, the banks are struggling, but that has to do not with the economy as a whole, but with the mistaken belief that housing prices will never fall, which the banks had until recently.
By the way, companies that make stuff here and sell them to Europe, like caterpillar and john deere, are doing very well. The falling dollar is not bad for everyone.
We are now at the end of a bubble, and the situation now is analogous to the end of the internet bubble in 2000. None of the people you listed are to blame for this, and George Bush is not to blame for this either. This situation was caused by two things happening simultaneously:
A belief held by many that housing prices will continue to rise indefinately.
China and India rapidly industrializing, and therefore using more oil, making oil more expensive for everybody.Licenced New York State EMT-B
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09-09-2008, 02:08 PM
Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008
Name Office Party/State Total
1. Dodd, Christopher J S D-CT $133,900
2. Kerry, John S D-MA $111,000
3. Obama, Barack S D-IL $105,849
4. Clinton, Hillary S D-NY $75,550This is bigger than presidential politics. This is a battle for America.
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09-09-2008, 02:59 PM
I heard today on the news that Fannie Mae and Freddie Mac have never paid any corporate income taxes. Can anyone give me a legit source that confirms or disproves this?
Nothing helps a bad mood like spreading it around.
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09-09-2008, 04:33 PM
That's a good list, but everyone forgets about the elephant in the room. The billions, or possibly trillions in unfunded liabilities for our entitlement programs coming soon.
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09-09-2008, 04:42 PM
Actually, we don't call him "magic negro." That term was first used by Black LA Times columnist David Ehrenstein to describe Barack Obama. Limbaugh made a parody song based on that article. Even though he said in his song that he is making fun of the LA times, everyone blamed Limbaugh and not Ehrenstein. Here is the article if you don't believe me:
http://www.latimes.com/news/opinion/...,5335087.story
BTW, stick to the topic.Licenced New York State EMT-B
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09-10-2008, 01:51 PM
OK, 'Lids. What does that prove? Either one of them would bail them out. And it's bullshit on both parts.
I feel that once a black fella has referred to white foks as "honky paleface devil white-trash cracker redneck Caspers," he's abdicated the right to get upset about the "N" word. But that's just me. -- Jim Goad
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SonnabendGuest
09-11-2008, 08:11 AM
Maybe John should practice what he preaches.
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