RE: "The Economy is in a Crisis!" says John McCain (Full Version)

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BKSir -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 1:35:47 PM)

EDIT:  Yeah, kittin was right.  Sorry. >.<




kittinSol -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 1:38:46 PM)

You missed out on the humour.




BKSir -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 1:49:41 PM)

quote:

ORIGINAL: kittinSol

You missed out on the humour.



Ah, gotcha... sorry.  Sarcasm when read by someone in a generally crappy mood at the moment, online, doesn't tend to translate correctly sometimes.  Previous post beaten into submission...  Thanks kittin.  Even D-types need slapped around sometimes I guess. 




subsong -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 2:04:27 PM)

        It seems that McCain finally relented and admitted a problem with the economy only after we began hearing more in the news about the numerous economic crises ,  than his precious running mate !
 
      But it's not likely he'll truly internalize the gravity of the situation until he has to give up a few of his houses ....  poor baby .   [X(]
 
 




kittinSol -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 2:14:26 PM)

Didn't mean to 'slap you around', sorry if it came across that way. Even 's' types can be bossy at times, I suppose [&:] .




Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 2:30:52 PM)


Why don't we just drill here, and drill now.

Oh, wait - I see that Nancy Pelosi and Barack Obama have finally admitted that Bush was right and that they were wrong all along, and have finally agreed to look at allowing Americans to try to produce more oil.

Bush and the GOP have wanted this for years and years but the Domocrats have dragged their feet, waiting until everyone feels the pain at the pump and the economy begins to stumble...

Put the blame squarely where it belongs...

http://www.signonsandiego.com/news/business/20080916-1320-usa-energy-congress.html







kittinSol -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 3:21:02 PM)

And what will you do in sixty years or whatever when the wells have dried out? Oh wait, you don't care, because you won't be there anymore. Nice mentality. Fuck the future generations.




TheUtopian -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 3:34:14 PM)

quote:

ORIGINAL: MzMia

quote:

ORIGINAL: TheUtopian


PS - Ladies....you all are on the mark....  The 1929-32 Depression never saw anything remotely like the quadrillion {Fox News analysts conservatively put it at 400 trillion [:D]} or more of derivatives {paper based solely on paper} about ready to come crashing down.

It boggles my mind that people EXPECT this Depression,
to be exactly the same as the last Depression.
Bad times are bad times, hell they don't have to look the exact same.
War is war, people die, do all wars look the same?
You are also on the mark Utopian, we are in a recession--> free falling to a depression.
And, shit is starting to hit the fan.

I do expect to see some threads on what people THINK should be done AND opinions

on what our Presidential candidates are suggesting. 
 
 It is time for the REAL leaders to step up to the plate, and make some damn real decisions.
I am tapping my foot and waiting to see what our current President will suggest, say and do.
He can't hide out until January.
- R





Say Mia....


One thing we really need to consider is the fact that Lehman has weathered some fairly large and catastrophic financial storms in the past…And lets face it, they washed out of the 1929-32 depression in much better shape than they’re in now….

So I think it’s fair to say that one could craft fairly decent, yet semi-simplistic argument that the current crisis if viewed from/through the looking-glass lens of the Lehman Bros write-down house {using them as an economic weather vane}, you could and might make the future projection that this current crisis will end up trumping those of the past {including the 1929-32 downturn}

But lets all keep in mind that an analysis of this sort is very subjective :  Because one, this downturn, as of yet, has not lived out its full evolutionary cycle {its not yet complete. [:D]}….And two, not a single person here is in position where they could/can even begin to comprehend the true reality and mental blight of the 1929-32 crisis so in order to relate an adequate comparison of the two.






- R















Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 3:44:34 PM)


Or we could let our poor and elderly die of heat stroke or exposure to the cold, so that future generations can laugh at how stupid we're acting while they're staying nice and comfy due to the energy provided by  any of thousands of possible future solutions

quote:

ORIGINAL: kittinSol

And what will you do in sixty years or whatever when the wells have dried out? Oh wait, you don't care, because you won't be there anymore. Nice mentality. Fuck the future generations.




MzMia -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 3:58:30 PM)

Well Utopian, I was not around during slavery or on the Titanic either.
I grew up with parents that were born in the 30s, I have talked to people
that lived during it, and I have studied the Great Depression.

What does the fact that we didn't live through the LAST depression, have to do
with the next potential depression?[8|]

This is not about comparing the last depression to the next depression.
The point is shit is bad, and getting worse.
If I am starving, I am not going to spend a lot of time wondering about people
that have already starved to death, I am going to try to get some food.
I don't need to spend hours comparing how bad things were then, to how bad
things are now.

The point of my thread is that almost everyone is finally admitting that we are in bad
shape, and the situation is not getting better. 
 
**I was fucking tired of the LIES {we are not in a recession, we are not in a depression,
things will be okay real soon!}.  I have been listening to that LIE for over a year.
It has taken major economy ass kicking for the truth to be told to Joe Public.




DomKen -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:05:21 PM)

quote:

ORIGINAL: Sanity


There are a lot of reasons Americans use more energy that Europeans or the Japanese. We have harsher climates, requiring more HVAC. We're a bigger country, requiring more transportation. And we produce more, even if in SOME cases another country MAY be a little more efficient.

But this whole, "America uses too much energy" hijack is just one more red herring. Regardless of how much energy we use compared to Switzerland, that is what the economy runs on - energy. The Left wants to cut it out from under us, hurting business, hurting the poor, hurting the sick, hurting the elderly, and hurting families with children...

Say we use too much. Fine - just don't come crying to me when you cripple our economy in order to please your friends across the pond.


quote:

ORIGINAL: DomKen
In case you missed it, The EU in some cases exceeds the US in productivity per hour worked despite using less energy.


Bullshit. You claimed energy conservation means putting people in caves and closing down industry. I pointed out that EU countries that use less energy, 30% less, are in some cases more productive per hour worked than workers in the US. Now you spout a load of crap about harsher climate and being bigger than the EU.

For your information most of the EU population lives at latitudes only found in the US in Alaska. Most of the US population lives south of Chicago which sits at 42 N while Berlin is at 55N and London is at 51. As a matter of fact the 2000 US census found that half the US population lives south of 37N. Palermo Sicily is at 38N for reference. Something tells me all those jumpers, sweaters for the US, that my friend from London owns are not for show although I have never visited Europe during the winter. I do know that winter in the North Sea on maneuvers while in the Navy was as bad as it ever gets in Chicago.

As to transportation costs Europeans have wisely maintained passenger and freight railways which are a much more energy efficient means of moving people and goods.

BTW the country we actually are less productive than and which uses 30% less power to do it is actually France. Maybe if we ask our oldest allies very politely to forgive us for all the insults they'll help us become more productive while taking the entire month of August off. Or maybe you like the idea of the being outdone in working hard by the French.




MzMia -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:08:02 PM)

quote:

ORIGINAL: kdsub

quote:

ORIGINAL: MzMia

I just heard McCain finally say, "The economy is in a crisis!"
well, well, well
Many are blaming Greenspan for a lot of our economic woes.
 
MzMia has also heard the words "depression" and "recession",
many, many times today!
 
I have been talking about the coming depression for almost a year now.
What needs to happen before most Americans understand how bad it is?
How bad do things need to get?
 
 Is anyone really surprised at how BAD things are getting?
Are you really surprised?

Why?


MzMia...you must have it all wrong... wasn't there just a thread by our junior Republicans about how strong the economy was under Bush?

Butch


Butch?
Notice, how most don't have jack shit to say on THIS thread.

Time to create more threads on how great the economy is.
We are not in a recession, everything is okay!
Pay no attention to the man behind the curtain.

McCain saying one day the economy is okay, NO! The economy is in a crisis! NO
I am confused, someone please tell me what to say!




Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:21:07 PM)


Still it's a red herring.

Even if the things you say are accurate, America's inflation is still caused primarily by higher energy costs - and that's what's hurting us the most.

And it's a global problem, one which everyone but us seems to be doing something about. We can't just conserve our way out of this, though conservation will come naturally as the elderly and the poor can't afford their winter fuel...


quote:

ORIGINAL: DomKen
Bullshit. You claimed energy conservation means putting people in caves and closing down industry. I pointed out that EU countries that use less energy, 30% less, are in some cases more productive per hour worked than workers in the US. Now you spout a load of crap about harsher climate and being bigger than the EU.

For your information most of the EU population lives at latitudes only found in the US in Alaska. Most of the US population lives south of Chicago which sits at 42 N while Berlin is at 55N and London is at 51. As a matter of fact the 2000 US census found that half the US population lives south of 37N. Palermo Sicily is at 38N for reference. Something tells me all those jumpers, sweaters for the US, that my friend from London owns are not for show although I have never visited Europe during the winter. I do know that winter in the North Sea on maneuvers while in the Navy was as bad as it ever gets in Chicago.

As to transportation costs Europeans have wisely maintained passenger and freight railways which are a much more energy efficient means of moving people and goods.

BTW the country we actually are less productive than and which uses 30% less power to do it is actually France. Maybe if we ask our oldest allies very politely to forgive us for all the insults they'll help us become more productive while taking the entire month of August off. Or maybe you like the idea of the being outdone in working hard by the French.




DomKen -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:23:21 PM)

quote:

ORIGINAL: Sanity
Still it's a red herring.

Such an accurate description of the post that contained it that I'll leave it at that.




NeedToUseYou -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:26:55 PM)

quote:

ORIGINAL: Sanity


Or we could let our poor and elderly die of heat stroke or exposure to the cold, so that future generations can laugh at how stupid we're acting while they're staying nice and comfy due to the energy provided by  any of thousands of possible future solutions

quote:

ORIGINAL: kittinSol

And what will you do in sixty years or whatever when the wells have dried out? Oh wait, you don't care, because you won't be there anymore. Nice mentality. Fuck the future generations.



Being more efficient actually frees up wealth in the long run. It is very cheap to do many things.

1. add insulation. (not extreme at all). Probably the most important addition.
2. When building a new house build it to take advantage of passive heating and cooling. (Costs nothing to very lttle, but cuts heating and cooling bills substantially).
3. Add solar water heating for pools, and water. This is not costly for new constuction, and a cheap job if you do it yourself on an older house.
4. Use additional method on new construction, such a trombe walls, when the location is appropriate.
5 Use Water collectors to collect water for grass, garden, and in new construction it's not a pittance in cost to use a hybrid water system for flushing toilets (uses collected rain water when available, but defaults to city water if not).

Less economic but still long term payback would make Solar Panels a good investment, as solar panels last over 20 years. The payback is long but it eventually occurs, and like everything its cheaper to integrate in new construction.

Or use geothermal on new construction. As I think I read it costs a lot more to retrofit a house than integrate from the beginning could be wrong there.

All these things would save you more than their cost by time the mortgage was paid off many within a few years. The solar is primarily cost effective because of tax rebates, which vary from state to state, but there is a federal one as well, which applies to everyone.

Anyway, none of that is radical and would save you money over a ten year period, so you can still run around naked in jan. if you like it'll just cost you less to do it.




Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:31:22 PM)

There's just no use in getting into an argument about European production of Widgets vs. American production of Gizmos, and who has the biggest penis and can piss the furthest with the least watered down beer...

It's all meaningless to the argument, and the numbers are all apples and oranges anyway. European production vs. American production of what, and how much of what. You provided no links, and what you were throwing against the wall just doesn't matter anyway, doesn't pertain.

Edited to add, where in Europe do they have summers like Death Valley or Phoenix, or winters like Iowa or Minnesota or Wyoming...

Perhaps high up in the Alps they have some harsh winters, but the USA is huge by comparison, and so are the numbers of people here who have to weather extremely harsh conditions.


quote:

ORIGINAL: DomKen
Such an accurate description of the post that contained it that I'll leave it at that.




Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:37:14 PM)


People are naturally conserving anyway, with fuel prices the way they are people have been conserving the best they could since the Carter administration, at least!

Whose home isn't insulated? Who doesn't own mercury-filled spiral fluorescent bulbs...

We really just need more energy, inexpensive abundant energy to really get the economy moving. Not necessarily oil, but all kinds.

We need Power... [sm=pc.gif]





quote:

ORIGINAL: NeedToUseYou
Being more efficient actually frees up wealth in the long run. It is very cheap to do many things.

1. add insulation. (not extreme at all). Probably the most important addition.
2. When building a new house build it to take advantage of passive heating and cooling. (Costs nothing to very lttle, but cuts heating and cooling bills substantially).
3. Add solar water heating for pools, and water. This is not costly for new constuction, and a cheap job if you do it yourself on an older house.
4. Use additional method on new construction, such a trombe walls, when the location is appropriate.
5 Use Water collectors to collect water for grass, garden, and in new construction it's not a pittance in cost to use a hybrid water system for flushing toilets (uses collected rain water when available, but defaults to city water if not).

Less economic but still long term payback would make Solar Panels a good investment, as solar panels last over 20 years. The payback is long but it eventually occurs, and like everything its cheaper to integrate in new construction.

Or use geothermal on new construction. As I think I read it costs a lot more to retrofit a house than integrate from the beginning could be wrong there.

All these things would save you more than their cost by time the mortgage was paid off many within a few years. The solar is primarily cost effective because of tax rebates, which vary from state to state, but there is a federal one as well, which applies to everyone.

Anyway, none of that is radical and would save you money over a ten year period, so you can still run around naked in jan. if you like it'll just cost you less to do it.





TheUtopian -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:49:02 PM)

quote:

ORIGINAL: Sanity


Why don't we just drill here, and drill now.

Oh, wait - I see that Nancy Pelosi and Barack Obama have finally admitted that Bush was right and that they were wrong all along, and have finally agreed to look at allowing Americans to try to produce more oil.

Bush and the GOP have wanted this for years and years but the Domocrats have dragged their feet, waiting until everyone feels the pain at the pump and the economy begins to stumble...

Put the blame squarely where it belongs...

http://www.signonsandiego.com/news/business/20080916-1320-usa-energy-congress.html










That's easily one of the most bogus arguments/ false-wedge issues this administration has formulated during its entire tenure. Its only purpose/design is to ensure that the Democratic party comes out embarrassed and looking bad based on their tried and true opposition.

The simple fact of the matter is that the Bush presidency, in its lame duck state, could easily invoke what's known as the Defense Production Act based on the current state of a national emergency, ala Iraq /9/11, and usurp /thwart any and all  potential litagory /judicial interference with regard to exploration, drilling and the authorization for construction of new refineries..

In essence, Bush could extend credit to Exxon, and then give them the authorization to build a refinery on the outskirts of the nearest Idaho town/city to you, usurping the collective authority of every state and county judge and official in Idaho.





 - R







Sanity -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:57:02 PM)


Judging by the Democrat's about-face reaction regarding drilling, I'd say they certainly are acting embarrassed, too.

Only in an election year, though. After November they won't care what the majority wants anymore!


quote:

ORIGINAL: TheUtopian
That's easily one of the most bogus arguments/ false-wedge issues this administration has formulated during its entire tenure. Its only purpose/design is to ensure that the Democratic party comes out embarrassed and looking bad based on their tried and true opposition.

The simple fact of the matter is that the Bush presidency, in its lame duck state, could easily invoke what's known as the Defense Production Act based on the current state of a national emergency, ala Iraq /9/11, and usurp /thwart any and all  potential litagory /judicial interference with regard to exploration, drilling and the authorization for construction of new refineries..

In essence, Bush could extend credit to Exxon, and then give them the authorization to build a refinery on the outskirts of the nearest Idaho town/city to you, usurping the collective authority of every state and county judge and official in Idaho.





 - R








popeye1250 -> RE: "The Economy is in a Crisis!" says John McCain (9/16/2008 4:57:46 PM)

quote:

ORIGINAL: MzMia

Well Utopian, I was not around during slavery or on the Titanic either.
I grew up with parents that were born in the 30s, I have talked to people
that lived during it, and I have studied the Great Depression.

What does the fact that we didn't live through the LAST depression, have to do
with the next potential depression?[8|]

This is not about comparing the last depression to the next depression.
The point is shit is bad, and getting worse.
If I am starving, I am not going to spend a lot of time wondering about people
that have already starved to death, I am going to try to get some food.
I don't need to spend hours comparing how bad things were then, to how bad
things are now.

The point of my thread is that almost everyone is finally admitting that we are in bad
shape, and the situation is not getting better. 
 
**I was fucking tired of the LIES {we are not in a recession, we are not in a depression,
things will be okay real soon!}.  I have been listening to that LIE for over a year.
It has taken major economy ass kicking for the truth to be told to Joe Public.


Mz Mia, if you were starving all I'd have to do to make you my "Bitch" would be to wave a can of creamed CORN in front of you?
"Ho, Ho, Ho!"




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