Ohh Thanks :)

“There is no economic policy. That’s really important to say. The general modus operandi of the Bushies is that they don’t make policies to deal with problems. They use problems to justify things they wanted to do anyway. So there is no policy to deal with the lack of jobs. There really isn’t even a policy to deal with terrorism. It’s all about how can we spin what’s happening out there to do what we want to do.

Now if you ask what do the people who keep pushing for one tax cut after another want to accomplish, the answer is they are basically aiming to create a fiscal crisis which will provide the environment in which they can basically eliminate the welfare state.”

“We are in deep trouble and it is because of your ideas that a free market economy means no regulations”

I never said that. Your confusion knows no bounds…

“You act like there is no socialism at work in your great country right now. do you deny that your police force, teachers, public highways, social security, and many other benifits you recieve and take advantage of every day are socialist programs.”

WTF???

You really must have been eating the textbook pages… Let’s get back to basics:

Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and the creation of an egalitarian society.

Obviously, what I’ve been referring to has nothing to do with institutions that you mentioned. I don’t deny there are many things the government has forced upon us that are nothing BUT socialism and I think we are the worse for it.

Further, you obviously don’t know much about economics if you think the recent problems in the financial markets indicate that our free-market economy is to blame!

The problem isn’t with the system we have, it’s with individuals, institutions and government that interfere with the proper FUNCTIONING of a free-market economy, get it?

Uh, no … you probably don’t

Do you ever have an original thought? When you say “…re-distribution of the wealth from the middle class to the few very wealthy people in America.” you simply repeat a MYTH that is perpetuated by the left.

Please explain to me how it works, will ya?

You can’t.

Sponsored by Obama and Coburn

the only transparency for the GOP is in the blatant lies they try to get away with all the time

Please dont say the words FACTS. You wouldnt know a fact if it kicked down your door sat at your breakfast table and ate your Cornflakes. You are a delusional moron.

Tim Vaculik Says:
Folks, there is no question what Obama meant. More re-distribution of wealth by government force.

Please timmy, take your collie and go back to the farm. You act like what has been going on the last 8 years was not a re-distribution of the wealth from the middle class to the few very wealthy people in America.

Don’t lecture us about the basics of the free-market economy. You have just shown the world that it is a failure as run by republicans.

Just because we introduce social ideals into the mix does not make it bad, it just makes it work.

You act like there is no socialism at work in your great country right now. do you deny that your police force, teachers, public highways, social security, and many other benifits you recieve and take advantage of every day are socialist programs.

Quit being a fool and a tool. You had a chance to show that you knew what you were doing and you have shown us all that you actually knew nothing.

We are in deep trouble and it is because of your ideas that a free market economy means no regulations and tax cuts for the wealthy/trickle down type of economy……it is a failure on a grand scale and America is seeing it exposed for what it is.

That’s why you are losing at the polls.

Have a nice day losers.

Alas, trying to get some of these folks to understand even basic facts on how our free-market economy works is like trying to convince a communist to give up one ounce of their power.

Socialists don’t believe in free markets! They believe in top-down, command economies that have been proven to work so well in the former Soviet Union, Cuba, and other “people’s paradises.”

Obama and his ilk are all about class warfare and group politics (marxism). They rail on about the inherent unfairness of the greatest system for economic freedom and prosperity the world has ever seen! And they want to change it – not for the better. Of course, they don’t want to KILL it outright (they aren’t stupid after all), but rather they seek to suck as much money and resources from it as possible.

Just today, Obama gave a little more insight into his true intentions. He was talking with a man who owned his own welding business and in response to the man’s question that it seemed Obama wanted to raise his taxes, Obama told him in so many words that he didn’t want to take what was his, just make sure that all the people who helped the man be successful share in the success as well!!! Folks, there is no question what Obama meant. More re-distribution of wealth by government force.

There’s already too much of this and both political parties have been complicit, but you ain’t seen nothing yet of Obama gets the keys to power.

I Read that article, but it doesn’t go deep enough to explore WHY commercial banks made the loans in the first place. There were a number of factors, but a big one was the Community Reinvestmant Act passed during the Carter Administration and put on steroids by President Clinton. It is simply a matter of record and historical fact that most commercial lending institutions sucuumbed to the bludgeon applied by the Federal Government to change long-held, financially sound rules for lending.

When I mention the role of Fannie Mae and Freddie Mac, I’m not talking about the direct loans they made, but the fact they bought tremendous amounts of questionable loans from these commercial banks, re-packaged them into investments and sold them on Wall Street. Commercial banks were all too happy to make the loans because they had a ready market for them in Fannie Mae and Freddie Mac. It’s also a fact the these two GSE’s had NO credit underwriting standards!

Tell me, what is you opinion of Alan Greenspan? Have you read the transcript of his testimony to the Senate bsnking committee (Democrat majority) in 2005 concerning the risk posed by Fannie Mae and Freddy Mac?

The point of all this of course, is that I’m trying to get you folks to see it wasn’t the President’s fault! C’mon! How many time did this and prior administrations try to warn Congress of impending disaster? AT LEAST THREE – 1999, 2002, and 2005.

Lastly, which Senator worked on a bill to provide desperately needed oversight for Fannie Mae and Freddie Mac – that’s right JOHN MCCAIN.

Now I realize the truth and facts are just an inconvenient nuisance for some of you, but I’ll say it again – you are entitled to your own opinion, but not your own set of facts.

LushInterior Says:
Hope to see you during the winter in the Caribbean some time soon…..its Aruba for me.

honey, I spend 3 or 4 months at a time in Aruba. I love to fly in to the airport at Oranjestad and get directly off of the plane into the tropical air.

I spend quite a bit of time at San Nicolaas snorkeling and scuba diving.

Please don’t come there. There are lots of places in the Caribbean for people like you.

The internet is a wonderful thing. It allows us to work from anywhere in the world.

Please don’t presume to tell me how to manage my money, but please don’t tell me that it is honest and honerable to suggest making a profit from the methods you
recommend. It is neither.

Fred Says
profit from other people’s losses…?????
==========================================

Fred, please go to the collage you received your degree in economics from and demand your money back…..IMMEDIATLY.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Hey LushIdiot contact your proctologist IMMEDIATLY he found your head

http://nobelprize.org/nobel_prizes/economics/laureates/2008/

Alejandro Says:
He had to have won the award for something other than merely saying 3 years ago, “Hey, this looks bad.”

He did but you obviously want to make this an issue. Do your own homework and report back to us. Maybe you can still learn to learn.

Alejandro Says:
If no one buys in while the market is down, how will the market ever recover? Maybe you could feel better about yourself by investing in deflated stocks and telling yourself that you are doing charitable work to help restore floundering businesses.

or, maybe if we had capable people running our economy we would not be in this position to begin with.

Think we would be here now if Al Gore had been elected? No, we would be moving forward still and paying our national debt down……remember the debt clock was running backwards when bush took office.