.......................................................................................... Robert Rodriguez has it together.... http://zerohedge.blogspot.com/2009/07/robert-rodriguez-there-is-no-god-given.html This is worth listening to..... .......................................................................................... The major point being that although one can think of solutions that will work....it does not mean in any way that they will actually be utilized....particularly by a flawed political/corp. system.... One must become very very independent....
you are right which is why when the reality hits it will be like a nuclear bomb. The illusion will continue until it doesnt..and then..pain.
WOW - It's like you don't even live on the same planet as me. Or in the real world, based on actual facts. Democrats: Clinton Admin. completely drops ball on National Security for 8 years - we get attacked by Bin Laden & crew, 9/11 Democrats: force Fannie/Freddie, abbeted by Greenspan 0% policy, to give "disadvantaged" Americans cheap access to homes they couldn't afford, lighting the fuse on the bubble. (Repealed Glass-Steigal) - Barney Frank & cohorts block all legislation to reign in Fannie/Freddie and demand minimum of 28% "less than Prime" loans for their constituents - forgetting the the american dream of homeownership is supposed to be earned, not an entitlement. Democrats: Obama campains on tax cuts and jobs, renigs on both, steals 800 BILLION in so-called stimulus from taxpayers to give to Democrat pork special interests and political paybacks ***This is after he publicly promised to go through government spending "line-by-line" and "demand accountability" - he is the biggest lying sack ever to be in that office. Democrats: passed a TRIPLING of national debt in new budgets/spending - so who is really bankrupting the country???? Democrats: have been in control of Congress for 2.5 years and have had 3 CHANCES to pass meaningful housing legislation - all 3 programs passed were completely lame and have only helped thousands, not the millions claimed - have handed multi-billion dollar "loan-modification" industry to Lawyers Democrats: firing off Bill after Bill of growth killing, porkulus, job-killing, economy-squelching bureacracy, including a ridiculous new redundant consumer agency and socialized health care that will be the next Medicare nightmare if passed Democrats: took over housing, mortgage system in worse shape than ever, Jumbo market dead, only low-end paycheck people can get loans, self-employed with assets and complex financed cannot qualify becuase all mortages now just like FHA. If you can only look back to try and villify Bush and can't see the horrible damage that is being done RIGHT NOW, then you are a rabid fool and not living in reality. You can fault Bush for a lot of things, but the current damage being done is 10 times worse.
well, at least you have a president with an over the average intelligence, Bush had the intelligence of a cow
If you think inflation is going to save an economy with 65% factory utilization and plunging demand for discretionary goods; even gasoline and some necessities, you are seriously misled. Inflation won't happen, and even if it does, it will only suppress equity values in what is the most structurally altered economy in at least 100 years.
inflation hmmmmmmmm maybe not. Hyperflation on the other hand, is a currency issue. how many trillion is the stimulus again? How about stagflation?
Yes, except he is a sociopath & patho liar who will destroy our country if left unchecked. At least Bush acted on a conscience, even if not agreed with.
wrong. Stocks are assets. As such, like with any asset, stocks will be bought as an inflationary hedge. Unemployment rates could go to 100% and the stock market is STILL going to go higher. Along with inflation there are other important macro trends that show stocks are headed higher. I don't care to discuss or give these trend data away for free.