Wanted: A New Grand Strategy? You asked for it and here it is! The biggest worry should be Pakistani terrorists attacking American cities, especially a nuclear strike. Just look at the history of countless attacks by Pakistani terrorists in India. Needless to say the WTC was also attacked twice by Pakistani terrorists. Give them a second chance and they successfully blew up the WTC twin towers. So calling a vicious state like Pakistan an ???ally??? on the war against terror is ridiculous! Pakistan should be financially choked out and forced to merge with a secular India. In the event that this does not work out, the only permanent solution to ending terrorism is to build an international coalition (minus China) to de-nuclearize Pakistan and divide Pakistan into 5 smaller states. Also keep in mind that China is untrustworthy and the West should not cozy up too much to China which is the only country with a history of siding with Pakistan for obvious reasons. China also has a record of proliferating Australian yellowcake to North Korea, Pakistan, Iran, Syria. Do I need to remind about the infamous Dr. Khan of Pakistan who assisted with China's proliferation to rogue states? Dump China, and divide Pakistan - it will work~!
COVER STORY: THE ECONOMY
There Is a Silver Lining
The crisis has forced the United States to confront bad habits developed over the past few decades. If we can kick those habits, today's pain will translate into gains.
Published Oct 11, 2008
From the magazine issue dated Oct 20, 2008
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Posted By: rickt @ 11/29/2008 10:52:51 PM
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Posted By: Californio 1 @ 11/25/2008 2:09:30 AM
While I agree that we need to reign in spending of most types I do think that some government spending may be helpful over the long term, but only where it involves long term improvements to infrastructure that increase economic compeditiveness. Repairs to roads, rails, bridges, ports (air, space, and sea) would all fall under this guideline as would pipelines, reservoirs, and energy supplies. Also military improvements and research have been demonstrated to be very useful for improving both the economy and our standard of living over the long term. Therefore, we should emphasize these things when producing spending bills and cut the rest. (better to employ people to build a better tommorrow than pay them to sit at home looking for a job.)
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Posted By: Jack999 @ 10/16/2008 6:53:27 AM
Its sad,When McCain speaks to his auidence,his mentality treated everyone like 4th grade kids.Obama treats everyone as adullt.
Obam said in Final debate ,MCain follows and VOTED( 90% of G.W.B POLICY)
MCCain responsed IM NOT BUSH...Damn everyone know you're NOT bush,BUT mentality you're BUSH TWIN.-
Posted By: Pocolodi @ 10/18/2008 9:55:06 AM
Obama treats everyone like an adult. Right. Adult idiots. How in world do you give 95 percent of the American people a tax cut when close to 40 percent of the people don't pay taxes? If you're thinking of the 1,000.00 dollars Obama is going to give them, that's a "take it from those who have it, and give it to those who don't" socialist gift to people who paid no taxes, not a tax cut.
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Posted By: chris s. @ 11/21/2008 10:14:09 PM
Aren't you tired of the Bush administration treating you as if YOU are the dumb one? Didn't being talked down to get tiresome? Finally a pre4sident who acts like we are adults WITH BRAINS! How refreshing.
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Posted By: David Sacks @ 11/17/2008 1:38:13 PM
Borrowing is out of control. I agree, but your solution is to build more Bridges to Nowhere? The government is so beholden to special interests that it can no longer differentiate between "investment" and "consumption". Investment should be done by people who expect and can calculate a return. Higher taxes will get in the way of that. Lower spending will not. We need to get past the myth that government "stimulus" (e.g. paying people to dig holes and fill them back up, or building cars we don't need) actually helps the economy, instead of squandering resources that can be used productively elsewhere.
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Posted By: hrtschudi @ 11/15/2008 9:05:58 AM
Bravo! Did you crunch the numbers of the consequences of what you are saying? It translates into a downturn of a whopping 27%, plus the fallout from skyrocketing unemployment and retiree spending cut in half. Please review "the disabled consumer" at http://www.ireport.com/docs/DOC-132064. It will be enlightening to actually think your thought through.
H.R. Tschudi, economist and entrepreneur, Vancouver
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Posted By: cygma01 @ 11/13/2008 6:23:59 PM
An excellent well crafted piece of journalistic excellence. I hail from the Caribbean and I've observed the way Americans spend it's truly awesome. I seldom hear of savings in any of the shows or from family members living in the U.S. Although, research states many Americans live one or two paychecks away from being homeless, they still have resources to expend on unnecessary purchases. your perspective on the current dilemma faced by the U.S. Government and the financial sector is truly insightful and like the presidential elections of November 4th I will intently follow the unravelling of this financial mess.
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Posted By: beyondgreen @ 11/06/2008 6:12:56 PM
This past year the high cost of gas has strained our economy and damaged our society.OPEC just cut production and gas will be rising again soon. WE have spent trillions on bail outs and stimulus checks. Our nation needs to invest in renewable energy and strive to become energy independent. Wind,solar and electric cars could replace a huge percentage of imported oil. We could produce cheap electricity and at the same time create millions of badly needed jobs. Renewable energy would be a win-win situation for our nation. Minneapolis's own Jeff Wilson just wrote a book called The Manhattan Project of 2009 Energy Independence NOW. I highly recommend this book for anyone concerned about our economy and our dependence on foreign oil. http://themanhattanprojcetof2009.com
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Posted By: Nowforsomemoretruth @ 11/02/2008 4:17:04 PM
Kelo v. City of New London, 545 U.S. 469 (2005),
What does redistributive mean. Well, remember that it was the liberal Left-Wing Justices of the U.S. Supreme Court that brought us this little jewel, holding that the government could take your real property, like your home, not for public use like a road or school, but to give to another private individual, such as a political contributor or other party hack or interest group.
Kelo v. City of New London, 545 U.S. 469 (2005), was a case decided by the Supreme Court of the United States involving the use of eminent domain to transfer land from one private owner to another to further economic development. The case arose from the condemnation by New London, Connecticut, of privately owned real property so that it could be used as part of a comprehensive redevelopment plan. The Court held in a 5-4 decision that the general benefits a community enjoyed from economic growth qualified such redevelopment plans as a permissible "public use" under the Takings Clause of the Fifth Amendment. Justice John Paul Stevens wrote the majority opinion; he was joined by Justices Anthony Kennedy, David Souter, Ruth Bader Ginsburg and Stephen Breyer
The decision was widely criticized by American politicians and the general public. Many members of the general public viewed the outcome as a gross violation of property rights and as a misinterpretation of the Fifth Amendment, the consequence of which would be to benefit large corporations at the expense of individual homeowners and local communities. Some in the legal profession construe the public's outrage as being directed not at the interpretation of legal principles involved in the case, but at the broad moral principles of the general outcome.
http://en.wikipedia.org/wiki/Kelo_v._City_of_New_London
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Posted By: Vote Now @ 11/01/2008 2:22:50 PM
Sarah palin when asked about becoming vp responded
"As for that VP talk all the time, I tell you, I still can't answer that question until somebody answers for me, 'what is it exactly that the VP does every day......"
After she had been the nominee for around 2 months she was asked again and this time said
[T]hey???re in charge of the U.S. Senate so if they want to they can really get in there with the senators and make a lot of good policy changes that will make life better for Brandon and his family and his classroom.
If she doenst know what the vice pres or presidant does why would we give her the job
mccain has around a 40 percent chance because of his age in not being able to
complete his term
picking palin was about as smart as picking any other mrs alaska contestant
let send her back to the north
elect obama biden now
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Posted By: wendydk @ 11/01/2008 12:23:43 PM
Jewish Americans throughout the country have joined together in support of Barack Obama for President. He shares our values and our belief in the virtually unlimited potential for Americans and America to do good in the world. Obama???s vision for America is our vision as well.
The American Jewish community has always been civically engaged in improving the country and repairing the world. We have waited many years to be able to vote for a President who truly represents us. Barack Obama???s positions on social justice, civil rights, the environment, immigration, and helping the downtrodden truly exemplify Jewish values. His nuanced position on abortion parallels the traditional Jewish view. Throughout his career, he has been a strong supporter of Israel and has repeatedly and publicly spoken out against anti-semitism. Obama will be a great President for us and for all Americans!
We, the creators of Jews For Obama, are volunteers, neither affiliated with nor paid by the Obama campaign. Each of us has spent many hours examining Obama???s background, experience, qualifications, record, and policy proposals. We deeply believe that Barack Obama is the right leader for America.
www.JewsForObama.com
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Posted By: Vote Now @ 10/31/2008 2:01:56 PM
corn is just another invented issue.
All the group does is register new voters . They pay people 8 bucks a hour a help people
fill out registration forms and then turn them in. By law they are required to turn in ballots people fill out that dont seem credible. But they seperate them from the normal ballots and inform election officials when they turn them in. As a example If somone fills out a ballot that says donald duck they still have to turn that ballot in , but since there really is no donald duck and no one to show up and vote with a id that matches that registration on election day . It will have zero effect on anything and all this is is a waste time
Also all ballots acorn marks as fishy are also investigated and checked against state records to make sure they are real people if not they are thrown out.
Its has no effect because no one can vote without proper ID
So unless the gop thinks there are imaginary people to go along with with throw away ballots then
lets move on to something that matters like the fact we are going in to the next great depression,
and that mccain says he doesnt understand the economy
How about we talk about the war, the national debt <11 trillion>, The housing market, the job market,health care,global warming.
Are things so great we need to invent issues like acorn ?
or is it the gop has no answers to the mess they have created in the last 8 years?
Let talk about things that will improve our lifes and not something no one cares about.
And lets throw out the poeple that created this mess
they dont deserve a chance to make things worse
Please vote early election day will be a mess
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Posted By: Nins @ 10/30/2008 2:46:08 PM
Honestly, looking at McCain and Obama objectively (without any party affiliation or any racism) I really can't see why anybody would vote for McCain. Obama has offered a much more coherent plan to get America out of the economic disaster we are in.
Right now, most people are anxious about the economy, fearing the worst but hoping for the best.
Reality check: within 18 months YOU could be standing in a bread line. That's how bad it really is. And Obama will work actively to prevent this short term, as well as make us strong again long term. As much as I like McCain and admire his patriotism, he really is not up for the job, not now with the global markets falling apart.
Obama's economic plan can be found at:
http://www.barackobama.com/issues/economy/index.php
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Posted By: Jim Johnson @ 10/16/2008 8:05:42 PM
Obama's view of the future of America - Socialism which is the next step to Communism!!
Under socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who work for a living. In other words, socialism is a form of legalized theft.
The morality of socialism can be summed-up in two words: envy and self-sacrifice. Envy is the desire to not only possess another's wealth but also the desire to see another's wealth lowered to the level of one's own. Socialism's teaching on self-sacrifice was nicely summarized by two of its greatest defenders, Hermann Goering and Bennito Mussolini. The highest principle of Nazism (National Socialism), said Goering, is: "Common good comes before private good." Fascism, said
Mussolini, is "a life in which the individual, through the sacrifice of his own private interests??realizes that completely spiritual existence in which his value as a man lies."
Socialism is the social system which institutionalizes envy and self-sacrifice: It is the social system which uses compulsion and the organized violence of the State to expropriate wealth from the producer class for its redistribution to the parasitical class.
Despite the intellectuals' psychotic hatred of capitalism, it is the only moral and just social system.
Capitalism is the only moral system because it requires human beings to deal with one another as traders--that is, as free moral agents trading and selling goods and services on the basis of mutual consent.
Capitalism is the only just system because the sole criterion that determines the value of thing exchanged is the free, voluntary, universal judgement of the consumer. Coercion and fraud are anathema to the free-market system.
It is both moral and just because the degree to which man rises or falls in society is determined by the degree to which he uses his mind. Capitalism is the only social system that rewards merit, ability and achievement, regardless of one's birth or station in life.
Yes, there are winners and losers in capitalism. The winners are those who are honest, industrious, thoughtful, prudent, frugal, responsible, disciplined, and efficient. The losers are those who are shiftless, lazy, imprudent, extravagant, negligent, impractical, and inefficient. [What about the role of luckbeing in the right place at the right time or the wrong place at the wrong time? R. R. Pope}
Capitalism is the only social system that rewards virtue and punishes vice. This applies to both the business executive and the carpenter, the lawyer and the factory worker.-
Posted By: AnnieT101 @ 10/27/2008 3:02:16 AM
This screed makes it quite clear that you understand neither socialism, capitalism, nor human nature. Another trifecta winner!
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Posted By: Nowforthetruth @ 10/26/2008 9:35:51 PM
The Kennedy tax cut.
http://www.heritage.org/Research/Taxes/bg1765.cfm
About half way through the article.
"President Kennedy proposed massive tax-rate reductions, which were passed by Congress and became law after he was assassinated. The 1964 tax cut reduced the top marginal personal income tax rate from 91 percent to 70 percent by 1965. The cut reduced lower-bracket rates as well. In the four years prior to the 1965 tax-rate cuts, federal government income tax revenue--adjusted for inflation--increased at an average annual rate of 2.1 percent, while total government income tax revenue (federal plus state and local) increased by 2.6 percent per year . In the four years following the tax cut, federal government income tax revenue increased by 8.6 percent annually and total government income tax revenue increased by 9.0 percent annually. Government income tax revenue not only increased in the years following the tax cut, it increased at a much faster rate.
The Kennedy tax cut set the example that President Ronald Reagan would follow some 17 years later. By increasing incentives to work, produce, and invest, real GDP growth increased in the years following the tax cuts: More people worked, and the tax base expanded. Additionally, the expenditure side of the budget benefited as well because the unemployment rate was significantly reduced.
Using the Congressional Budget Office's revenue forecasts (made with the full knowledge of the future tax cuts), revenues came in much higher than had been anticipated, even after the "cost""of the tax cut had been taken into account. Additionally, in 1965--one year following the tax cut--personal income tax revenue data exceeded expectations by the greatest amounts in the highest income classes.
Testifying before Congress in 1977, Walter Heller, President Kenned''s Chairman of the Council of Economic Advisers, summarized:
What happened to the tax cut in 1965 is difficult to pin down, but insofar as we are able to isolate it, it did seem to have a tremendously stimulative effect, a multiplied effect on the economy. It was the major factor that led to our running a $3 billion surplus by the middle of 1965 before escalation in Vietnam struck us. It was a $12 billion tax cut, which would be about $33 or $34 billion in today's terms, and within one year the revenues into the Federal Treasury were already above what they had been before the tax cut.
Did the tax cut pay for itself in increased revenues? I think the evidence is very strong that it did."-
Posted By: AnnieT101 @ 10/27/2008 2:42:25 AM
continued...
4. While any of the cuts in income tax rates might have produced positive consequences given the general economic conditions at the time they were implemented, there is no examination here of the possible need to raise taxes appropriately when conditions change. Should, for example, the tax rate have gone back up at least to some degree when money began flowing to pay for the Viet Nam War? If there is an optimum income tax rate, does it vary in the face of other events taking place that affect government expenses?
5. During WWII until the 1964 tax cut, the top marginal rate was in the area of 90%, yet it seems as if the post-war period and on into the early 60s was one that in many ways represented a period of economic opportunity, innovation, development, and an increasingly good quality of life. Still, poverty remained enough of a problem that it led LBJ to launch the War on Poverty during his administration. To what extent had poverty been worsened by the high marginal tax rate for those with the highest incomes? Or, is there little relation between the two? The poverty rate in the U.S., as far as I know, did fall during the years following the 1964 tax cut and the almost simultaneous launch of the War on Poverty. Nevertheless, neither that cut nor subsequent ones created enough of a stimulative effect to reduce poverty levels as low as higher rates have created in some European countries. What is the relationship here? What other factors need to be considered? Would, for example, a continuation of the pre-1964 rates eventually have resulted in a reduction of the poverty rate arising from broad-based prosperity? Is it possible that the seeds of increased poverty and increased income stagnation were sown by a cut that, while producing a stimulative effect at the time, also initiated a widening income disparity that eventually concentrated wealth in the hands of relatively few with all of the negative consequences that entails? Also note that following the cuts pushed through by GWB in the early 2000s, the poverty rate rose rather than decreasing. -
Posted By: AnnieT101 @ 10/27/2008 2:41:36 AM
1. It???s possible that something else caused the jump but is not being accounted for or is not mentioned either because it has escaped attention or because it would undercut a theory that has proven very beneficial for some people.
2. Possibly income tax rates that begin at around 90% and remain high as one descends the income ladder do have a negative effect on the economy by their confiscatory nature. However, it???s also possible that at some point, taxes could be lowered to or even beyond a point where the cut produces unintended (or perhaps intended!) negative consequences and/or where it no longer produces the desired stimulative effect for any of several reasons. So, while a cut from 91% to 70% might have been a good move, the next cut to 50% (or perhaps the cut after that) was not. (Note that in the post above, the text focuses almost exclusively on specifics of what happened after the 1964 cut, not on those following the later Reagan cut, which is presented only with a broad generality.) Is there an optimum income tax rate?
3. Possibly the original cut down to 70% produced some positive consequences but also produced negative consequences that are not being recognized or perhaps acknowledged. If so, it???s also possible that precautions could have mitigated those negative effects.
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Posted By: Vote Now @ 10/25/2008 5:40:06 PM
After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.
Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.
Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.
Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.
Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.
Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.
And they want me to believe that Obama is a socialist. Right.
In case you think McCain is any different than Bush, watch this:
http://www.youtube.com/watch?v=PdJUCU1UH2w
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Posted By: Vote Now @ 10/25/2008 5:39:58 PM
After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.
Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.
Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.
Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.
Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.
Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.
And they want me to believe that Obama is a socialist. Right.
In case you think McCain is any different than Bush, watch this:
http://www.youtube.com/watch?v=PdJUCU1UH2w
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Posted By: Nowforthetruth @ 10/24/2008 12:45:51 AM
Spread the wealth how. Look at his past. Obama in this video, addressing his work with ACORN litigation against the banks and relating to the Community Reinvestment Act and the failure of Freddie Mac and Fannie Mae, as they relate to the current real estate and financial crisis, states that, and I quote:
"Subprime lending started out as a good idea, helping Americans buy homes who previously could not afford to. Financial institutions created new financial instruments that could securitize these loans, slice them into finer and finer risk categories, and spread them out among investors and around the country, as well as around the world. In theory, this should have allowed mortgage lending to be less risky, and more diversified."
"The original idea was a good one, which was, lets see if we can distribute risk more broadly, and make it easier to provide loans to people who otherwise might not be able to get one."
Listen for yourself. You cannot dispute the mans on words recorded live:
http://www.youtube.com/watch?v=Lr1M1T2Y314&feature=related
Obama in this second video is campaigning at a convention of Acorn and I believe two other ???Community Activist's organizations. Ask if he will be their ally if he becomes President, Obama says, quote:
"Yes, but let me say that before I even get inaugurated, during the transition we are going to be calling all of you in to help us shape the agenda."
See and hear it for yourself. Obama promised that Acorn and other groups like it will setting his agenda if elected:
http://www.youtube.com/watch?v=8vJcVgJhNaU
Below is a link to C-SPAN video clips of the Congressional hearings at roughly the time McCains attempt at S.190. to fix Fannie and Freddie. See for yourself who said what.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
See also
http://www.newsweek.com/id/164732 from this web site. (oops!) stating that Freddie Mac was spending tax payer money to target Republicans in 2005 who were trying to regulate Fannie and Freddies fraud. Democrats were not targeted, as the were all in the tank with Fannie and Freddie to kill the regulations. Hear that, the article admits that Republicans were trying to regulate Freddie and Fannie, and Democrats were trying to stop it from happening as a means to facilitate the Community Reinvestment Act.
See also: http://www.newsweek.com/id/164972
Stating that Gramm-Leach-Bliley Act wasn't what caused the meltdown, and noting that "economists on both sides of the political spectrum have suggested that the act has probably made the crisis less severe than it might otherwise have been."
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Posted By: Vote Now @ 10/23/2008 7:46:37 PM
Comment: THE GREAT BUSH DEPRESSION
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current meltdown and the picture he paints about what will happen next
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything seen in generations
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand how its been broken.
It is no surprise that he doesn't. The people that make up these securities use quantum mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He was the last to know somthing was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a budget surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that
Stand up and hold them accountable
Bush isn't on the ballot this year but his policies are
Elect Obama Biden 2008
Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ
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Posted By: Vote Now @ 10/23/2008 7:46:29 PM
Comment: THE GREAT BUSH DEPRESSION
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current meltdown and the picture he paints about what will happen next
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything seen in generations
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand how its been broken.
It is no surprise that he doesn't. The people that make up these securities use quantum mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He was the last to know somthing was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a budget surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that
Stand up and hold them accountable
Bush isn't on the ballot this year but his policies are
Elect Obama Biden 2008
Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ
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Posted By: Vote Now @ 10/23/2008 7:46:17 PM
Comment: THE GREAT BUSH DEPRESSION
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
He perfectly predicted the current meltdown and the picture he paints about what will happen next
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything seen in generations
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand how its been broken.
It is no surprise that he doesn't. The people that make up these securities use quantum mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He was the last to know somthing was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a budget surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that
Stand up and hold them accountable
Bush isn't on the ballot this year but his policies are
Elect Obama Biden 2008
Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ
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