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CalCarp

Will our "depression" be kept here for very long, to "cover the track" of it being an election ploy?

Hah!! ..Good job, DNC! ..Good job Mr. Schumer! ..But may I say that it is NOT the election of Sen. Obama to highest office that is the largest question here (..although I DO wish he would learn to respect our national anthem!) ..What about our election process? ..If we add this (Democrat favored) "manipulation of the markets", to the ballot-box stuffing that the Democrats are doing, to the media's "gag-order" on anyone standing in opposition to the Democrat's nominee (.."All the opposition people are simply racists!") Well, ..it looks like we really ARE in a "depression", ..an ethical one! How do we dig ourselves back to the lights of honest government?
CalCarp:

..we just have faith, I guess, ..that in the long run, ..the population DOES take a hard look, ..both at their "elected" leaders, and their pocketbook. Americans are smart, and hard working. We shall overcome, ..even this! (..Good luck to all in the meantime!)

James:

Dear CalCarp,
Yeah, right! The government of Iceland went bankrupt as a stunt for the vast left wing media conspiracy! The Department of Labor is shilling for the Commies! The UK is in bed with the Obama terrorists! bushwah!

Dunrunnin:

Whoa, Obama terrorists

James:

Dear Texas,
I do hope you know I am only being sarcastic in my complete exasperation with the "wag the dog" of a question. I will probably be taken all out of context by the right wingers.

CalCarp:

Whew! ..you were quick on THIS one, Kathy! ..You're Gov. check is in the mail!!!

James:

Dear CalCarp,
Yes, it is.

CalCarp:

Careful, Kathy, ..or you may be taken "out of context" again! ..and by the way, ..Why no reaction to the "stuffing the ballot box" element? ..too "provable"?

James:

Dear CalCarp,
Be careful about the ballot box stuffing stuff, there is a Republican operative in California who may be responsible for 70,000 registration irregularities. And don't talk to the people of New Mexico about it, either. Some of them are still mad at the Republicans. And Florida? I haven't forgotten. I was just trying to remain civil.

CalCarp:

..a Republican "operative"??? ..wow! ..What is his name? ..or are you not allowed to "out" that?

James:

Dear CalCarp,
It was on Fox News yesterday. I was at work and listened for a minute or two on my way to the Loo. I believe his first name is Robert. A lot of the problems in Europe right now have to do with buying America's bad mortgage paper. Peace be with you.

CalCarp:

"Bob", huh? ..As in "Bob Woodward"? ..that valient defender of "truth" within the media? ..well, I guess it is settled then! ..it must be true!! ..I'll just wait for the bestseller to put some flesh on this tossed bone!

Svwhu:

Oh right, a $750 billion dollar request From REPUBLICAN President BUSH and his financial chairmen, to stop a total collapse of our financial system was done to win the democrats the election. What part of this doesn't make sense? Oh yeah the republicans that requested it and who knew about it and were lying to us telling us that the fundaments of the economy were strong. I wonder why they were lying to us about it. Do you suppose they were hoping it held until after the election so they might have a chance to win it! That's the scenario that I'm betting on! Should we take a vote on it?

CalCarp:

We ARE "taking a vote on it", ..Nov. 4th. Everyone who feels this is all just a surprise occurrence that just happened to pop up before Henry Paulson 2 weeks ago, is to vote Democrat. Everyone who knows fish when they smell it, can vote McCain. Good luck to America! (This "crisis" was concocted, written, budgeted, publicized, and money-laundered entirely by a Democrat Congress.) You will live with your vote!

James:

Dear CalCarp,
I'll bet you would have said the same sort of garbage back in 1929. Some people are just fools like that. Economies are wobbling all over the place because they bought the toxic investment products of an unregulated segment of banking/real estate industry. Warren Buffet called Collateralized Debt Offerings (CDO's) the true "weapons of mass destruction" in 2003. Other economists have predicted that we are only about half way through this situation and don't expect recovery until 2010. I just hope you don't loose your shirt. My 401k has lost at least 20% of it's value. I haven't looked in a week or more out of fear.

James:

Dear CalCarp,
And no, it wasn't Bob Woodward. Funny that you should despise him so. Did his telling the truth make you mad?

CalCarp:

Bob Woodward writes potboiler novels. They sell well. Here's my "proof" of the financial farce: We will be above 12,000 again by New Years. Maybe higher if we anger the financier friends of Obama, and elect someone like McCain who prefers America to be a success.

Soonvapor:

Well Cathy, I'd say communists and terrorists right now have a common red, white, and blue enemy.
As for Iceland and UK, well they were more then halfway assunder as it was.
And it just proves how many countries rely on the economy of the USA.
Hmmm?

Soonvapor:

oops, meant to comment-------------- lolz ;-)

CalCarp:

..we do reverberate around the globe, ..don't we. Maybe "our economy is not so weak" as the Democrats say it is?

CalCarp:

Was UK's problem anything to do with their "Universal Health Care"? ..When a depression hits, ..and most people's wages sink, ..do the wages of the Doctors and Nurses sink as well? ..in "Equality" with ours??? ..How about Teachers? ..and Government Employees in general? ..do all their wages get lowered along with all of ours???? ..in "Solidarity"? ...Are the Senators right now losing their 401K shares, too? ..If not, ..Is that why so many people want a "big government"? ..and lots of "recession proof" government jobs? ..Is that really a good idea in the long run?

Gbob_north:

It'll come and get worse till banks are allowed to say "no" to borrowers with bad credit.

Gbob_north:

The last one was the result of massive tariffs.

CalCarp:

I believe it is a question of saying "yes" to responsibility for the decisions we make. That will enforce the best prices for our purchases (we know how to shop, right?), and the least frequency of our "mistakes" (..for we know we will bear the cost.) If Wall Street had to cover its own losses, ..There would have been fewer bankruptcies (which pays a higher cents-per-dollar) than government "buyouts". If high-interest rate returns had not been guaranteed by Congressional promises, then better structured loans (lower payments to homeowners) would have resulted, and reduced the number of foreclosures to come. So be it!

CalCarp:

..sorry, .."bk's likely to bring LOWER cents-per-dollar", ..don't you think so?

Gbob_north:

We're stuck with the bill because our elected leaders forced the banks to make bad loans. Our represntatives broke it so we bought it.

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