Thread: Don't Panic: Address The Crisis

Originally Posted by michaelr

This is a little ditty that I like to call "Social Conditioning" and it has been used and abused by governments from the beginning of time. It's like saying "hey the government has always fucked with us, there is nothing you can do so shut up sit down and take it", well fuck that attitude, fuck it right to hell. We had a chance, we have always had an opportunity to correct this, but it has been easier to bury your head in the sand, and go along to get along. Now you can see where that thinking has got us. Oct first is an extremely important day, it is the beginning of the new fiscal year, I wonder what a bankrupt country will do, maybe start another war?? What type of distraction, maybe another "terror attack"? We will soon see!

Could they have fixed it? Of course they could have. You can panic and worry all you want but it’s not going to help your health. I have found that worrying does no good but if you wish go ahead. Life goes on and you or your love ones may not be here on earth tomorrow.

Originally Posted by freecell

Could they have fixed it? Of course they could have. You can panic and worry all you want but it’s not going to help your health. I have found that worrying does no good but if you wish go ahead. Life goes on and you or your love ones may not be here on earth tomorrow.

Like I said before, I saw this coming, I was able to buffer myself, I think for a while anyway. I had no Idea how long it was going to take to get out of it. Now you have countries moving in and buying the assets of this country, rather in the financial markets or in housing. Thats going to make it rather hard for any type of a recovery.

Originally Posted by anonnymous

We not only need more government regulation and a ditching of the free trade economy for the American economy that built this great nation.

You must be thinking of the Soviet economy, not the American economy. But I wouldn't consider the USSR a "great nation."

Originally Posted by Pragmatist

No, Mccain has always been against govt regulation. It's only now that it is obvious that a lack of regulations is what caused the recent govt bailouts of Fannie and Freddie that he is proposing more regulation.

Just like his against the tax cuts and now for them.

Just like his for amnesty and then against it.

He says whatever at that moment he thinks will bring him more votes. He cannot be trusted to do a fuckin thing he says today, tomorrow.

You right he has flip-flopped on his positions recently, but he has always been a big government socialist who advocates government interference in just about every area of American life.

He has already reverted to his pro-amnesty position since securing the GOP amnesty.

This too will be papered over. Might take a while but look how FDR tanked his own recovery in 37-8 and still managed an unprecedented 3rd term in 1940. This could be the beginning of the steepest and deepest bear market in US history but the post election bounce will convince almost everyone that pretty much everything is cool.

Originally Posted by Freedom for All

You forgot the :sarcasm: tag.

Or I should post a :jawdrop::jawdrop::jawdrop: or three.

You just do not get it . Post whatever you like. Free trade is the club that the plutocracy has been using to beat us down to the wage slaves they need in order to extract ever increasing amounts of our wealth and liberty.

Originally Posted by Defensor

You must be thinking of the Soviet economy, not the American economy. But I wouldn't consider the USSR a "great nation."

Quite the contrary, you think deregulation is the solution and I think more regulation is. Deregulation has caused this financial debacle and the only cure is re regulation and the protection of our markets. Who is right? I am, but time will tell.

Originally Posted by william the wierd

This too will be papered over. Might take a while but look how FDR tanked his own recovery in 37-8 and still managed an unprecedented 3rd term in 1940. This could be the beginning of the steepest and deepest bear market in US history but the post election bounce will convince almost everyone that pretty much everything is cool.

Once again you nailed it.

Originally Posted by Freedom for All

Don't forget your windmills, your pit toilets in the backyard, and see if you can't dig out that unused Y2K Panic Package you invested so heavily in the last time you thought the sky was going to fall.

You are kidding right?? WTF don't you see?
Wilbur Ross: Possibly a Thousand Banks Will Close

Originally Posted by anonnymous

Quite the contrary, you think deregulation is the solution and I think more regulation is. Deregulation has caused this financial debacle and the only cure is re regulation and the protection of our markets.

Quite the contrary? Do you even know what that phrase means, because it makes no sense here? You are advocating Soviet economics, not American economics.

Government caused this financial debacle, not "deregulation." But we've been over this so many times that I have to wonder if you're just being dishonest about your intentions.

Who is right? I am, but time will tell.

Nope, you're wrong. Government has failed every time its gotten its grubby paws all over the economy, and it will continue to do so. No need to waste any more time throwing your failed socialist theories in the garbage can forever.

Are you going to cite the Mises Institute once again this time claiming it supports your agenda of "regulation?"