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
Border Raid
After a U.S.-military hit on a Syrian village bordering Iraq, a Syrian official chalks it up to Washington politics.
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The U.S. commando raid earlier this week on a Syrian town that borders Iraq has prompted a backlash in both Damascus and Baghdad. In the Syrian capital, a few hundred people protested about a mile from the American Embassy on Thursday, while the Syrian government demanded an apology and compensation for victims of the raid. In Baghdad, key Iraqi politicians engaged in negotiating a security agreement with the United States—which had been progressing slowly even before the strike—are now seeking to deny explicitly the use of Iraq as a staging ground for attacks on other nations. Security sources have said that the target of the raid was a top Al Qaeda smuggler who goes by the name Abu Ghadiyah, but the U.S. military has not issued an official account, and details are still scant. In an interview with NEWSWEEK's Dan Ephron, Syria's ambassador to Washington, Imad Moustapha, said that the dead were all civilians. He also spoke about the raid, his country's talks with Israel and other issues. Excerpts:
NEWSWEEK
: What
'
s the Syrian version of what happened?
Imad Moustapha
: The only version is what actually happened. Four U.S. helicopters penetrated Syrian territory. They attacked a small residential house in the Sukarieh village. Two helicopters started firing from above while two helicopters landed. The criminals [U.S. troops] came out of those helicopters shooting on everyone that was there. Those who were already injured on the ground, they just shot them again to make sure they're dead and left. Only one woman and a man survived. The rest were all killed, one father and his four sons, a husband and wife and a fisherman.
Were the people in the house armed?
No, they were not armed. They were civilians, they were defenseless residents of that village who were working on constructing a small house, a village-type house.
What about reports that an Al Qaeda operative nicknamed Abu Ghadiyah was among the dead?
Absolute rubbish. This is just a small addition to the huge series of lies [that America has told] about what is happening in and around Iraq.
Then why did the United States launch the raid in the first place?
For the past five years they have fabricated a huge amount of lies about the role of Syria in the violence in Iraq and how infiltrators are coming from Syria to Iraq. But they never ever did anything like this. In the last six months they have publicly admitted that the situation has improved dramatically in Iraq. Syria has done everything possible to try to secure the Syrian-Iraqi border and then this unprecedented criminal attack happens. Give me an explanation.
What
'
s your explanation?
It has everything to do with domestic politics here in Washington, D.C. It has nothing to do with what's going on in our region.
How does this affect domestic politics in Washington?
There is a slight possibility—but we don't believe this is serious—that they got terribly wrong intelligence. But we don't believe that they think there really was an Al Qaeda activist there. What we believe is that for purely domestic reasons, the United States of America decided to escalate the conflict and tension in the region because certain politicians here are saying that U.S. troops should not really be in Iraq, they should be in Afghanistan fighting Al Qaeda. So now they [the Bush administration] want to circulate a story saying Al Qaeda is not only in Iraq, so we need to maintain our troop levels in Iraq, we need to attack neighboring countries. We believe in Syria that it's a purely domestic political issue in America that led to this crime.
You
'
re saying there are no infiltrations of jihadis from Syria into Iraq?
Prior to the United States invasion of Iraq there was not a single Qaeda activist or man in Iraq or Syria. Now, the whole region—Iraq, Saudi Arabia, Jordan, Egypt [and] Lebanon—are suffering from these extremist groups that were spawned as a natural reaction to the U.S. invasion of Iraq. So today Syria is caught between two troubled areas. The northern part of Lebanon has become a hotbed for extremist Salafi fundamentalists and there are terrorist groups there. They have attacked targets in Syria in the past. And of course Iraq is a hotbed of extremism and of terrorist groups like Al Qaeda. Now, can they cross into Syria? Of course it's a possibility. We have 600 kilometers [370 miles] of open borders, desert borders with Iraq. We have done everything possible within our capacity to try and secure these borders. We have asked the United States many times for help to [secure] these borders but we were always turned down.
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