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(72 of 72)
Re: Are we approaching a recession/depression?
Nov 18, 2008 11:57 PM
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Hey Connie, I went to the site of this guy and really appreciated his columns. Thanks!
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(71 of 72)
Re: Are we approaching a recession/depression?
Nov 15, 2008 10:45 AM
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Branson, I hope you read this guy's columns. He is good!! I tried to find the article from this morning, but couldn't. But check out his others......they are eye opening...for those who have no clue as to what is going in. http://www.villagevoice.com/authors/nat-hentoff -- Stand up for what you believe in.....even if you have to stand alone.
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(70 of 72)
Re: Are we approaching a recession/depression?
Nov 15, 2008 7:07 AM
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I agree setrepeoh this is the worst financial economic disaster since the great depression. Why don't they just say "your job is permanently eliminated", instead of saying "you are laid off"! What disturbs me is not only all the jobs lost because of the economy, there are greedy, selfish, inconsiderate for the middle class individuals in Washington that are selling corporations and our needed jobs to other countries by outsourcing. One is Rick Davis, McCain's campaign manager. Reagan gave tax cuts to corporations but insisted they create jobs and keep them in the country. Dumya gave same tax breaks while encouraging these corps to outsource our jobs. Well hell yea they will since its all about increasing profits by reducing the cost of wages! Who is responsible for this economic disaster? Greedy selfish power people in Washington, Wall Street, NYSE, Lobbyists that could care less about You, as long as they were able to line their pockets with monetary gain; regadless of political party or afililiation. May they rot in hell! I am angry as heck!
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(69 of 72)
Re: Are we approaching a recession/depression?
Oct 11, 2008 4:53 PM
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When money starts drying up from banks, and loans fail, people start getting laid off with no possibility of ever getting their jobs back. This vicious cycle happened in 1929, and all through the thirties. Families were left homeless, crime ran rampant, and a generation,(our grandparents) learned to do without. As much as I dislike GWB he isn't the real culprit. He's as big a fool as we've ever seen in the oval office. Only once in a president's administration does a leader ever have the chance to prove themselves, and George W blew it. When September 11th happened he balked at holding the Bin Ladin family inside American borders. While he made overtures to the American people about tracking down the confessed criminals he secretly allowed the best sources of finding them get away. Not since December 7th, 1941 has our nation been rocked by the shock of a foreign power destroying American lives and property in a sneak attack. GWB listened to advisors that only wanted to line their pockets with governmental contract returns. At the crippling cost of lives and materials, our economic ruin stems partly from occupying Iraq. Mr. Bush can espouse his pride in freeing a nation from a tyrant, but he won't admit that we had no business going to war with a third world country. Once we move out of that ancient country their culture will continue to live just as it did for thousands of years. We will have to eventually withdraw and leave those who supported us to their fate. I expect our illustrious leader to miraculously produce this criminal in another few weeks, just prior to the election, in order to shed good light on his administration, and thus reflect on the candidate who will hopefully replace him. Every president has had a major crisis that affected every American; Here are some examples: FDR: World War HST: Using the Atomic Bomb, and firing a much favored General DDE: The " Red Scare", Supporting South Viet Nam after the French pulled out. JFK: Bay of Pigs, Cuban Missle Crisis, Continued support of South Viet Nam, The Berlin Wall LBJ: Full Military support of Viet Nam, Civil Rights, and supporting the Isreali War. RM Nixon: Opening China trade, Watergate. J Carter: Iran hostages, bringing Isreal and Egypt to the peace table. R Reagan: Saw the end of Soviet Russia and the tearing down of the Berlin Wall. Garnada George Bush: Kuwait and first encounter with Hussain. All these critical events shaped our nation into a force to be respected as a people. Unfortunately. we now have a president who doesn't give a hoot about the American people, and makes light of it. Mr. Bush bowed to Big Business, Banking, and most of all the Petoleum Industry; leading us into an ever descending cycle of debt. This recent bailout proves that he has no concern for the future and what it will do to the next generation. The other party shows even less concern with elitist statements made by both candidates. So, what do we do? Our best choice is to abstain voting for either candidate and look to our senators and congress to keep us from sinking into oblivion.
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(68 of 72)
Re: Are we approaching a recession/depression?
Sep 26, 2008 4:38 AM
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Recession or depression? Donald Trump was on a news show recently where the analists were arguing exactly what to call this financial situation we are in. Donald said "Hey, forget the nouns, we are in an economic disaster!" he also said he hates GW Bush and that does not make him a bad guy. Concerning that, the other day, Dick Cheney called Republican Reps and Senators into a room to brow beat and high pressure them into signing Bush's bail out order that we taxpayers give blank checks and golden parachutes to multibillionaire CEOs and Executives who put us here. I was so happy to hear that they boooooeed and shouted at Cheney and he left the room. Pretty bad when this is your own party isn't it? I LOVE IT! As of early Friday morning, BOTH Republicans and Democrats are REVOLTING from the Bush/Paulson bail out plan! Now, that is the kind of bi-partisan action we need, since 86% of Americans agree with them and the average Congress Person is getting thousands of e-mails daily to NOT vote for this bail out! God Bless these Republicans and Democrats who are not going to sell us and our children and grand children into extreme debt, for decades and decades, for something greedy, irresponsible CEO's of these Corporations did!
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(67 of 72)
Re: Cards on the table - BransonMO
Jul 8, 2008 11:05 AM
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Everything that is done or said by the government is about control. Bottom line. They control everything...and the people say nothing. They are nothing but sheeple. People need to wise up. If you get your 'facts' from the governemnt....then you are under their control. As Bush said.....if you tell the people a lie long enough, they will start to believe it. The Food and Drug Administration is a joke! They allow unhealthy junk in your food. Then you are forced to go to the doctor and he/she gives you more junk to insert into your body. The doctors are under the control of the pharmacuitcal companies. They make a profit from doling out drugs. They lie about all these miracle drugs to make you healthy. For some time now, I've heard they willbe taking ordinary vitamins off the shlefs, and you will have to get a dr's perscription to get those. Laws have been changed to stop people from smoking in public places.....but the cr@p that is allowed in processed foods will kill you a lot quicker. So, why not start with the source first? And what about these artifical sweetners? And the total farce about flouride? Want to talk about the chemtrails and the toxic chemicals that are released from those planes?? Wars...they are nothing more than population control. And not every man and woman who enlists is doing so because they love their country....I know that because of what some of them have told me. Oil.....we have plenty....anyone telling you otherwise is lying through their teeth. And do some research and see how many elected officials have their hands into it. They love that gas is going sky high. History is the way it is written, not always the way it actually happened. The government's control over people happens slowly, hoping no one will catch on to what is happening. 9-11-2001 was the most horrific thing that was allowed to happen on American soil since Pearl Harbor. Anyone that still believes it was Muslims is living in la-la land. That was the biggest scam in modern history. I have some errands to do...but I will try to get back here and post some facts. But actually, all you have to do is open your ears and eyes to see what is going on. Just look passed the smoke screen....the facts are there. -- Criss Angel, my drug of choice.
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(66 of 72)
Cards on the table - BransonMO
Jul 5, 2008 3:15 PM
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We've been over most of this, you know. Approval ratings mean little to me because public opinion is often bought, not seriously considered by those polled. I also pointed out Congress's lower approval rating and you dismiss it. That told me your point wasn't about the numbers but about having another number to hurl at Bush. Even in your writings on this post, things we've already covered, you are blaming Bush for so much when mere study without bias would show that over half of the financial problems people have gotten themselves into are of their own making. Please, we've been through this before. You want someone to blame and I understand that. But I will never agree with it when the blame is no clearly in Bush's column. So let's get to the nitty gritty and I'll explain myself since no one seems to get it...or me. I don't apologize for Bush, often I agree to the part that Bush has played in what so many call "this mess". What I can't watch, though, is Bush being blamed for things that most other Presidents have done and been given a pass for. Or what the Republicans have done that the Dems get a pass for. Basically, I'm for fairness. Let's take an example you are familiar with: You say that Bush lied to get the US into the Iraq War, that it is a horrible thing to do, immoral, etc. But when I quite rightly pointed out that FDR did the exact same thing, you didn't see it as the same thing. It IS the same thing....especially because it can be prove that FDR flat-out lied and it can't be proven that Bush did.. JFK lied to the public about Cuba/Bay of Pigs. Reagan probably lied to the public about Iran/Contra. We know LBJ lied to the public and Congress. Even Abe Lincoln lied to the public, misled Congress and completely ignored the Constitution. If Bush lied to Congress and the public, he is in good company with a few Presidents that are admired in this country for their decisive, strong actions to bring about a better world. So where does that leave us? Being a logical and practical person not only do I want facts and not emotion, I want even criticism of like actions and not emotion driven picking-and-choosing. I am mystified by your uneven condemnation and lack of emotion over the similar, equal or even worse actions of previous Presidents and complete meltdown of things that Bush does, whether they are his doing or not. In this way, with the uneven condemnation, we will never be able to have a discussion....which is a pity. I don't often get to discuss history and the impact of Presidents on it. The strange discussion of FDR and the Depression I had with another poster could have been fun and enlightening for both of us, I have many many interesting theories about the poiltical impulses of powerful men. But again I was faced by someone that didn't want to face facts, dismissed them in favor of vilifying Bush. To me, that's obsession....and I'm afraid we're getting to that now, too, in your blatant ignoring of my questions and points made in my post to tread over old ground just to vilify Bush. If that insults you, I'm sorry...but I needed to word it strongly because we are circling the point again. You ignored my questions and points to rant against Bush again. Enough. Please. The discussion doesn't have to be like this. -- In ancient times cats were worshipped as gods They haven't forgotten this >^^<
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(65 of 72)
Re: Are we approaching a recession/depression?
Jul 3, 2008 9:23 AM
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Bush right now has an approval rating lower than Jimmy Carter's. The latest Quinnipiac poll shows 23%. Along with this, 39% have deserted the Republican party since Bush has been in power. Why? Because he has spent more tax money than any other President and left us with a 9-1/2 trillion (is there that much money in the world?) debt. Republicans in history usually controlled spending. Now, we are having to borrow from China daily after Bush inherited a budget surplus. I'm no Clinton fan, however, during his 8 years he controlled spending and we owed no one. Bush's fat cat tax cuts amounted to 3-1/2 trillion and rest for useless war. Bush spent nothing for the people except for the stimulous checks. The rest of our tax money went to 2% wealthy and to hell with the 98% rest of us. Example: Bush gave tax cuts to biggest corporation ever in America - Exxon Mobil of 19 billion dollars. You don't think that this would have helped out the 80 million Americans without heath care? Exxon Mobil's CEO, Rex Tillerson, got a yearly bonus of 400 mil. That is 1.4 mil a day to screw us Americans with greed and gouging. Exxon's profits increased 380% since 2003 and now amounts to $85.000.00 a minute! The average employee makes under $20.00 an hour. Do you think that wealthiest company in America's history deserves this huge tax cut? Bush says we are not in a recession, we are in a "slow down". Well ask the 450,000 Americans that lost their jobs/healthcare, the 230,000 homeowners who got foreclosed on, the majority of Americans who have to choose between gas for car, food for table or prescription drugs to stay healthy and they will tell you that we are in a depression. My neighbor operated her over the road trucking business for 12 years and provided well for her family. Now her $125K semi is sitting in front of her house "FOR SALE" . When I asked why she told me that last week her diesel bill was $600.00 more per week that any income she brought in. Do these 5 monopoly oil companies realize or even care about the harm they are doing to their fellow Americans? I guess not! So Bush's pandering to the minority wealthy and this war (oh I don't buy that Congress out of nowhere just decided to vote for war) that Bush started and minipulated by lying and other means has created a disastrous economy! Think of what this President could have done for the poor and middle class during his two terms and did nothing. The only ones that mattered to this Texas oil tycoon was his cowboy boot, cowbot hat buddies like Rex Tillerson! I am not a Democrat and until 7-1/2 years ago was Republican but now I am deserting this party! Four more years of Bush policies by McCain will surely lead to a depression that will make the 30's look like a cake walk. I do not trust Obama and am thinking of writing in Ron Paul but my vote will not count. Maybe I will not vote at all, as I feel this is the worse time in America's history. Just my opinion along with above facts.
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(64 of 72)
Jun 24, 2008 9:44 PM
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Just this past week, Congress passed legislation to suspend the gas tax and help homeowners from being forclosed on. This had no publicity because Bush used his rubber stamp veto like he does on anything to help the people. The most important thing for you to do right now is identify the exact bill you're talking about. For example: The House passed a gas relief bill in the time frame you're talking about but that bill hasn't been voted on in the Senate much less gone to Bush for his signature. So, it's important that you identify the exact bill. Bush sure bailed out fat cat Bear Stearns and other big business, but you just keep on defending him, Then you aren't paying attention. I don't defend Bush, I set the record straight. It's amazing how self righteous the Dems can be when their own commit offenses against the people but those same people get in a fury if Reps do the exact same thing. I have stated many examples of this and have many more in abeyance. Dems are hypocrites, they deserve to be outed. When Reps are hypocrites, they deserve to be outed....but I"m not as worried about them since the liberal media not only reports everything, but exaggerates as well. Example: Ever heard of Gerry Studds? Bet not....but you've heard of Mark Foley haven't you? Hypocrisy that needs to be revealed. By the way...wanna talk about Marc Rich? -- In ancient times cats were worshipped as gods They haven't forgotten this >^^<
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(63 of 72)
Cewofty - You missed this one
May 27, 2008 8:27 AM
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Reading your complaints of the Congress doing nothing to help the economic crisis, I thought you were the big researcher. Just this past week, Congress passed legislation to suspend the gas tax and help homeowners from being forclosed on. This had no publicity because Bush used his rubber stamp veto like he does on anything to help the people. You complain that the Democrats control Congress, yet they have not had the votes to overcome any of Bush's vetos. Bush sure bailed out fat cat Bear Stearns and other big business, but you just keep on defending him,
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(62 of 72)
Tracked the messenger yet? - BransonMO
May 26, 2008 8:45 PM
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He attacked the Congress. naming Harry Reid, Nancy Pelosi, Barack Obama, Hilliary Clinton and others as being responsible for the great inflation and recession! While I wouldn't put the recession on their shoulders (mostly because they've been the worst Congress in history, doing nothing), those dems haven't been responsible for any relief either. Remember, Bush is Pres but apparently Congress has a large majority and can push things through. Yet...they not only haven't introduced relief, haven't pushed it through either. Congress deserves the knocks it gets. All I heard was his anti-democratic spin. You mean Dem party or dem in general? LOL Dumbya is too stupid to realize this and other methods to curb inflation/recession. Further Dumbya could care less about crisis and needs of Americans! Am I to understand that you equate "doing nothing" with not caring about the needs of Americans? Then I'm sorry, BransonMO, you contradicted yourself. Dem Congress has done nothing and you are defending them and condemning Bush....but when Bush does nothing you say he doesn't care. Snort. At least be consistent. ...it is totally the responsibility of the congress he says! Talk about one sided talking head. I agree with him in one way, Congress is powerful enough to do something...but they only whine, whine, whine. Do something already! Seriously, how can you trust Obama and Clinton after this? -- In ancient times cats were worshipped as gods They haven't forgotten this >^^<
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(61 of 72)
Definitely a problem - buttercups
May 26, 2008 8:34 PM
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Well, take for instance, European companies who move to the United States, like BMW and then produce vehicles for the government? How does their financing work? Do they report their finances to Europe or the U.S.? You'll hate the answer....it depends. In general, though, the company pays taxes and reports income in the country they reside. The profits made by the company, however, are more complex. For the most part, probably in the country of origin for the corporation. And how do you know that a company isn't inflating their estimates when it comes to a project for the war? Say concrete for rebuilding? How do you know that, even if you get 3 bids, someone isn't pulling a fast one (or a BIG one!!!) and working with the other contractors to effect large bids?? For the military specifically, they have any number of experts that will review and look over the bids to check the viability. The problem with big contracts, though...military, government or private...is that the ability to pad the bill is completely possible. That's why there are various agencies, Congressional committees and others that watch the bottom line and check the quality of work. How well they do this..up to you. Many many times the GAO and Congress have blown the whistle but they probably don't catch all of them. That can be a very likely situation. Not only likely, has actually happened in the past. Quite often. Ever seen Brubaker? (not specific to any party either....both have done it) -- In ancient times cats were worshipped as gods They haven't forgotten this >^^<
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(60 of 72)
Re: Are we approaching a recession/depression?
May 23, 2008 3:06 PM
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Thanks for commenting Connie! Good to see you back on this thread. Talk about the haves and have nots, did anyone see the Congressional inquiry concerning the oil prices. Five of the oil company CEO's were there and after giving diatribes for an hour how they were loosing money and they were victims...a black female congress person stood up to them and quoted their double digit billion dollar recent monthly reported profit and told them do not insult my intelligence by lying to me!!!! Dang that was priceless!!! I did not get her name but wished she was my congress representative.
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(59 of 72)
Re: Are we approaching a recession/depression?
May 19, 2008 9:47 AM
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Sorry for not keeping up with this thread....but thought I'd drop by and add my 2 cents again. A friend and I were discussing this just last night. As he stated, when the government no longer releases the amount of money that was printed by the Federal Reserve, that is the last thing to happen before an economic downfall. We also agreed that the day of collapse is the 12th of Sept., as has been reported before. This is really a time to be concerned. I for one am going to stock up on items I don't want to get caught without. And it wouldn't be a bad time to fill those pantries either. I would much rather be safe than sorry. You can laugh all you want. Those who choose to believe Bush over common sense may be the ones on the receiving end of the downfall. My dad went through the big depression in the 30's. It's been said the next collapse will make the one in the 30's look like a picnic. You canl augh and scoff all you want. But I'd rather be safe than sorry. Like the old saying goes.....those who forget the past, are bound to repeat it. Wake up people!!! -- BELIEVE in yourself and MAGIC will happen.
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(58 of 72)
Re: Are we approaching a recession/depression?
May 19, 2008 2:25 AM
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All the people I have talked to, I was not able to find one that is able to fill their gas tanks at these rates. I spoke to several senior citizens that said they had to choose between gasoline and food for their table? What does Bush do to try a phony feeble plan to reduce cost of crude? He goes to Saudi and asks them to increase production in order to bring down the prices. Saudi says they are producing enough oil to provide enough supply for America and denies his request. Is Bush a Moron? Does he not realize that the arabs hate us and they will continue to rise the cost of sweet crude. Of course Bush and Cheney could really care less since their interests are in oil and the higher the price, the more they make in their investments. This is having a domino effect as price of food and necessities is climing out of sight because of the cost of delivery. I'm sick, we still have to put up with this Administration for seven more months....grrrrrrrrrrrrr
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