Originally Posted By Mr X What do you all think about this? I am PARTICULARLY interested to hear from the moderate - conservative folks on this (if there are any left in WorldEvents lol). I saw an interview (and I won't link, since everyone gets pissed off when I do), but Rep. James Clyburn of South Carolina said something interesting I thought was very accurate (I'm sure anyone can find the interview on MSNBC if they wish)... *speaking of the unemployment levels in areas of his state* "are depression levels, and for us to be talking about deficit reduction, at a time we've got an economic crisis, is tantamount to talking about conserving water when the neighborhood is on fire" I thought the analogy extremely apt.
Originally Posted By DyGDisney Good thing "Ahnold" is not rejecting it. I think the teachers of our state would storm the capitol!
Originally Posted By mawnck >>I hate homonyms! It's capital.<< Nope, you were right the first time. :-D
Originally Posted By ADMIN <font color="#FF0000">Message removed by an administrator. <a href="MsgBoard-Rules.asp" target="_blank">Click here</a> for the LaughingPlace.com Community Standards.</font>
Originally Posted By ADMIN <font color="#FF0000">Message removed by an administrator. <a href="MsgBoard-Rules.asp" target="_blank">Click here</a> for the LaughingPlace.com Community Standards.</font>
Originally Posted By ADMIN <font color="#FF0000">Message removed by an administrator. <a href="MsgBoard-Rules.asp" target="_blank">Click here</a> for the LaughingPlace.com Community Standards.</font>
Originally Posted By fkurucz <<why is the market showing no confidence in this guy?>> Because the market understands that he doesn't have a magic wand to fix the problems created by the previous administration, and that it will take many years to fix things and the bubble economy won't be back for a very long time.
Originally Posted By fkurucz <<Why has the stock market gone down thousands of points since Obama became president?>> Because the prices were at historically unsustainable levels which could only be maintained with unsustainable growth. The bubble economy happened under the previous administration's watch, and the the big deflation began over 2 years ago when the real estate bubble gave up the ghost. The crash began to pickup speed last year when we learned that the Emperor had no clothes and the big bank/Wall St. bailouts began. I'm not saying that Obama is doing the right things, but to say that the calamity is his fault is disingenous.
Originally Posted By ADMIN <font color="#FF0000">Message removed by an administrator. <a href="MsgBoard-Rules.asp" target="_blank">Click here</a> for the LaughingPlace.com Community Standards.</font>
