The Economy

[Puckstop31]

This place is getting boring, what with all the Palin bashing. Lets talk about something that REALLY matters.

An excellent analyisis of how the current crisis came to be. And, before you bash the source know that Glenn beats up on EVERYbody in this.

http://www.glennbeck.com/content/art...cle/198/16171/

Whatever the answer is... IT is NOT the government.

[Grace]

Thanks for the link. I've skimmed it and plan to read it thoroughly after dinner.

Here's an article that helped me understand some of what has been going on. It was in last week's issue of NEWSWEEK. Explained what credit default swaps are.

[Puckstop31]

Thanks for the link. I've skimmed it and plan to read it thoroughly after dinner.

Here's an article that helped me understand some of what has been going on. It was in last week's issue of NEWSWEEK. Explained what credit default swaps are.

I did read this article.... And it is true. But it leaves A LOT out. I felt it left the burden soley on Wall Street. While Wall Street clearly has some blame, the environment that made it possible is on the governments hands.

Note GOVERNMENT and not a particular party.

Glenn's article made me take note of something interesting... The bail out legislation will not solve the issue, only delay it until after the elections...

Our government keeps selling us out, just to stay in power.

[Puckstop31]

Geeee, what a shocker. A politician playing the race card.

http://www.breitbart.com/article.php...show_article=1



"...That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

[Puckstop31]

Some more... Now this is not a 30 second sound bite. You have to pay attention to this. Feel free to google anything said in this. I fact checked this myself before posting.

http://www.youtube.com/themouthpeace

No comments about the original post?

[Grace]

Newt Gingrich has an opinion, and is not shy about expressing it.

[Puckstop31]

Very interesting Grace. Thanks for posting.

Things are very grim indeed. This bailout deal cements the Bush legacy.

Now on one hand, you have a VERY left wing, big government socialist in Obama.... More taxes and bigger spending. On the other hand, you have a "maverick" who cannot make up his mind and is seemingly unwilling to define himself.

Either way, we are SCREWED.

Obama has clearly defined himself. Granted, what he SAYS is, IMHO, very far away from who he IS. McCain now has the ball in his court. He has an opportunity, as Newt defines, to stand up and be a real leader. Will he do it, or will he let Obama lie his way to the oval office?

All the more reason I guess I am gonna pull the lever for McCain. He's the guy who will at least try to protect my right to protect myself and my family... Because more and more... I feel I am gonna need it.

Grace, you have said that you are voting Obama because McCain is endorsed by Bush. If McCain comes out and clearly seperates himself from Bush... Would that change your mind? Or do you really think socialism is the answer?

[jennielynn1970]

What do you see wrong with socialism? I lived in Sweden, who's govt. is based on the socialist system, and apart from the taxes being high, there wasn't much bad about it. Even with high taxes, most families still had a summer or winter home, vacationed in southern europe and northern africa or somewhere warmer, and everyone had health care.

Every type of government has it's pros and cons. Just wondering what you find so wrong with Obama's "socialist" views?

[Lady's Human]

Sweden has a higher per-capita income that the US, and a far smaller, more stable and overall healthier population. They can afford their model of socialism.