Obama = 1 Trillion dollar deficit

Discussion in 'Economics' started by Joab, Jun 30, 2008.

  1. I love Ron Paul too, but he dropped out and didn't really have a realistic chance. It's unfortunate that the vast majority American people are so stupid, ignorant and easy to manipulate.

    Although I have been traditionally a Republican, the war in the Middle East needs to stop. McCain's foreign policy is horrible. He also knows nothing about economics (refer to debate in which Paul asked him an question on economics and he had no idea what to say). For that reason, I'm willing to support any candidate that wishes to change our foreign policy and has economic solutions (ideally free market but this is not realistic in this country).

    Obama > McCain
     
    #11     Jun 30, 2008
  2. gnome

    gnome

    As of now the American populace barely (if at all) recognizes the Gummint and the FED ARE the problem...

    By the time we get wised-up enough to affectively influence an appropriate change, it will be too late... All the money will have been spent, the currency will be SHIT, and we'll all be staring bankruptcy* in the eye.

    Da Boyz in power are counting on exactly that.

    * Oh, we'll all have money.. maybe even Millions... TENS of millions? But it won't matter. Can't pay your bills with Monopoly money. :mad:
     
    #12     Jun 30, 2008
  3. We need a new party - The Constitutionalists...
    -------------------------------------------------------

    I really like that! Sounds great and right on. Libertarian sounds more like an anarchist.
     
    #13     Jun 30, 2008
  4. Man, you got that right. Maybe it's time for a re-reading of "Atlas Shrugged" this summer. Ayn Rand was a visionary.
     
    #14     Jun 30, 2008
  5. heypa

    heypa

    Ayn Rand was too trusting of Capitalists.
    Not all people are "good".
     
    #15     Jun 30, 2008
  6. Why is everyone so pessimistic. In my opinion, our economy was in worse shape following our loss in the Vietnam War... A decade later our market collapsed. Then our economy blossomed in the 1990s.

    I mean, the economy is cyclical. Perhaps it is being prolonged by the actions of the Fed. That being said, America is still the only remaining superpower of the world. The situation in countries such as China and India is all speculation. Those "experts" that claim that China will become a superpower in 2050 assume that their economy will continue to grow at ridiculous rates, consistently.

    Its obvious that the U.S. is in a bad position, but the pessimism is being exeggerated. History repeats itself. Think about all the problems we had in the last century and we overcame all of them.
     
    #16     Jun 30, 2008
  7. BCE

    BCE

    You're kidding?!!!!! Damn!!!!!!! I've been accumulating that. Now they tell me! :)
     
    #17     Jun 30, 2008
  8. Joab

    Joab

    The "problem" as I see it is that we have become too FAT.

    16 year olds have laptops, cellphones, ipods, playstations and 32 plasma tvs.

    I see more landed immigrants driving Mercedes and Bimmers then I ever have.

    There is no more respect for anything.

    I welcome a recession because I think people need a hard dose of reality.

    I just hope it's not a prolonged one but I fear it will be.

    :cool:
     
    #18     Jun 30, 2008
  9. gnome

    gnome

    Well, come to think of it... maybe you can.

    Paulson is out there "selling the Dollar"... telling everyone how good of shape were in so that foreigners naively keep buying T-Bonds....

    Not that different from the Snake Oil drummer selling "elixir", but contains only coffee-colored sugar water...
     
    #19     Jun 30, 2008
  10. Republicans have lost all credibility on fiscally responsibility. At least we know what we're gonna get with Democrats and the money will be spent here in America.
     
    #20     Jun 30, 2008