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wervasdeferens (December 31, 1969 at 6:59 pm)
Republicans never learn!The last time the GOP ripped off the country, they lost control of congress for 40+ years.It looks like the American people will banish their asses again,until they forget what the GOP is all about.We'll see how many GOP crooks Bush pardons.You said you watched the video, what do you mean Schiff's predictions have not come to pass? Do you right wingers have a mental block? Check out Huckabee's interview @ Pajama TV, maybe he can help you.
katsumotoallgren (December 31, 1969 at 6:59 pm)
Wow! your partisan extrapalations have just left this world's orbit! In case you weren't aware, the GD was a world wide depression agreevated largely by the "dust bowl"(Al Gore would attribute to Global Warming). Few if any Economist agree as to the cause and even fewer agree on the cure. Schiff's predictions have not come to pass, he is no Nostrdamus. History is not predetermined, man can shape his destiny. Obama is in charge of his destiny and history will judge him accordingly.
wervasdeferens (December 31, 1969 at 6:59 pm)
The point is, Schiff was making his argument 2years ago. All the other right wing "economists" were wrong. This recession started before the housing bubble burst, All the indicators were there, a debt-driven economy being foremost.Like I said before, The GOP brought on the crash of 1929, but the right blames FDR for the Depression. In the same manner, Obama will get the blame for what is already set in motion. The DOW has already lost 45% of it's value since Schiff's predictions.
katsumotoallgren (December 31, 1969 at 6:59 pm)
I did avail myself to the Peter Schiff video and the related videos with Schiffs comments. I am not quite in the "sky is falling" mode yet, I think he is overly pesimistic, but say hes is right, why did you vote Obama? his fix is less government spending and taxcuts, (including entitlement spending) Do you really believe that Polosi, Reed, Obama and the former Clinton administation is going to follow any of Schiff's RX?. Schiff predicts this group will only make things worse, faster.
wervasdeferens (December 31, 1969 at 6:59 pm)
Again, the housing crisis is but a part of the overall economic problem. The Dems were mostly to blame for Fannie/Freddie scandal, I agree. However, the overall economic problem in this country goes far beyond the housing crisis. Did you get a chance to watch this video?watch?v=2I0QN-FYkpw&feature
wervasdeferens (December 31, 1969 at 6:59 pm)
"... what the Dems did to bring gas prices down,..."My argument is that they didn't have anything to do either. Yet Drill,baby Drill blame the DEMs about ANWR was the reason for high prices?Maybe both of us shouldn't listen to Rush. The guy who called him refuted the $75/hr claim. I've since researched auto worker wages,starting pay at GM is $15/hr and caps at $32, the same as Toyota. Your figure throws in benefits and pensions.Healthcare benefits are the difference.
katsumotoallgren (December 31, 1969 at 6:59 pm)
Look, the average wage in the private sector is about $25.00 per hour in wage and benifits, Japanese Auto workers in the U.S. is about $46.00 per hour. The UAW gets about $75.00 per hour. Like I said, greed is everywhere and is not necessarly a bad thing. you could pay the executives $1.00 per year and that would not fix the problem
katsumotoallgren (December 31, 1969 at 6:59 pm)
I cannot speak to Christopher Buckley's endorsement nor do I condemn him for it. He is not is father. I know of no one that has blamed the depression on FDR, however the new deal did nothing to end it. Obama recieved the third largest amount of contributions from freddie and fannie which is curious, but I know of nothing that implicates Obama in this problem, Frank, Watters, Dodd etal is another matter. If you can tell me what the Dems did to bring gas prices down, I will give them credit
wervasdeferens (December 31, 1969 at 6:59 pm)
You're right about the human nature of greed.However, the CEO of Ford makes....
wervasdeferens (December 31, 1969 at 6:59 pm)
Well, we'll see what we'll see.But just like revisionists historians pin the GD on FDR, the right has already started shifting this current mess to the Obama and the Dems. Ridiculous!When gas prices went up, it was the Dem congress' fault, OK now prices are back down, is it the Dems?Conservative fiscal policy sounds great on paper, I have only witnessed Newt put it into practice. Reagan and the Bushes were "borrow and spenders".Why did WFB's son, back Obama? |
