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(no subject)
Date: 2008-09-16 12:21 am (UTC)(tee hee hee)
Raven
(no subject)
Date: 2008-09-16 01:09 am (UTC)(no subject)
Date: 2008-09-17 02:53 am (UTC)(no subject)
Date: 2008-09-20 04:48 am (UTC)(no subject)
Date: 2008-09-16 12:24 am (UTC)See, now this is political mudslinging of the type I grew up with: Mostly on topic, a snide side of ad hominem, and yet still factual (some spin is allowed.)
Or maybe that's just my nostalgia kicking in. You know, The Way We Never Were. (A book I need to read, actually.)
(no subject)
Date: 2008-09-16 12:45 am (UTC)(no subject)
Date: 2008-09-16 01:30 am (UTC)(no subject)
Date: 2008-09-16 02:18 am (UTC)(no subject)
Date: 2008-09-16 06:49 am (UTC)(no subject)
Date: 2008-09-16 04:19 am (UTC)(no subject)
Date: 2008-09-16 05:52 am (UTC)Go Joe... :D
sombody get this man a Ladder and a Table, at this rate his is gonna need all three...
Cue Chant...
Tables and Ladders and Chairs... oh my
;)
(no subject)
Date: 2008-09-16 10:32 am (UTC)(no subject)
Date: 2008-09-16 11:43 am (UTC)I am SUCH a dumbass!
Date: 2008-09-16 11:24 am (UTC)Pardon me while I get my head out of my ass. I should have checked first.
Re: I am SUCH a dumbass!
Date: 2008-09-16 11:42 am (UTC)Re: I am SUCH a dumbass!
Date: 2008-09-16 12:42 pm (UTC)(no subject)
Date: 2008-09-16 11:49 am (UTC)(no subject)
Date: 2008-09-16 12:27 pm (UTC)(no subject)
Date: 2008-09-16 12:54 pm (UTC)(no subject)
Date: 2008-09-17 02:55 am (UTC)(no subject)
Date: 2008-09-16 12:38 pm (UTC)1) The US economy is fundamentally strong, and generally safe to invest in.
2) The US economy is weak and/or fragile, it's not safe to invest in, put your money overseas or in hedge funds or rabbit holes or under your mattress, it's much safer that way.
Yes, lots of people are in dire financial straits, and companies all over are tightening their belts, with unemployment rising a fraction of a percent off of all-time lows (yes, I know a fraction of a percent is still tens or hundreds of thousands of people), yes gas is too expensive and houses have lost too much value even in places where their value wasn't too artificially high.
But we have to keep the money invested. A run on Wall Street due simply to panic over the economy would not be good for us -- we don't need another Black Monday of 1987 or Black Thursday/Monday/Tuesday of 1929. (Interestingly, wikipedia for the 1929 crash points out it was due to excess borrowing, to buy stocks that time instead of to buy houses...)
So, people and companies are in trouble...but if everyone decides the market or the economy is really in trouble, it's barely hyperbole to say we may as well move to Zimbabwe.
(no subject)
Date: 2008-09-16 01:21 pm (UTC)Remember, this is a member of the party which derided those of us not seeing the Emperor's New Clothes as being "reality-based."
ETA: The correct response to a problem is to work out how to fix it. Panic is not appropriate, nor is it guaranteed. The job of a true leader is to bring about the fix while keeping people calm. I trust a youthful, intelligent leader rather more than the one with a temper out to There and a possible case of PTSD.
(no subject)
Date: 2008-09-17 03:19 am (UTC)However, NPR played the entire sentence that started with the bit about how the economy is basically sound, and the second half of the sentence acknowledged that lots of individuals are hurting to various degrees. And saying that the market is fundamentally sound is definitely a way of "keeping people calm"...it's just that neither you nor I agree that how McCain thinks he can "bring about the fix" will work.
I'm quite surprised Alan Greenspan spoke as pessimistically as he did...
(no subject)
Date: 2008-09-16 03:59 pm (UTC)Two-by-four... Wrapped in barbed wire... On FIRE!
Re: I am SUCH a dumbass!
Date: 2008-09-16 10:30 pm (UTC)