RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride

RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (Full Version)

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bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:35:41 PM)
quote: ORIGINAL: Sanity Sometimes you have to call BS bestbaby It would be a huge mistake to elect the people (the Democrats) who caused this mess into more power, and that's precisely what we're on the verge of doing. President Bush tried hard to stop this meltdown years ago only to be shouted down by the very party who now tries to blame him for their mess... quote: ORIGINAL: bestbabync [image]http://www.collarchat.com/micons/m27.gif[/image]i hope someday one of you guys will remember what i have been saying here. our country is in for a world of hurt! i want our next president to cut, i mean slash that damn federal budget. have any of you looked at how much u pay in federal taxes???? what i pay a month can pay my mortgage! yes Sanity. i read the records! it is on file that he shouted it out along side of McCain. the bill was voted down by dems like Dodd & Obama. then they bashed Bush for not wanting to give the poor a chance to own a home. you are right Sanity. Imagine how bad it is gonna get when the people that are lucky enough to have a job, pay almost 50% to the federal gov for programs that won't work!

MzMia -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:37:42 PM)
Sanity, I do not worship at the alter of Obama. Okay? But right now, we have TWO choices in November. McCain or Obama, I feel Obama is the better candidate. I can not vote for more years of failed Bush policies. Bush=McCain. George Bush will go down in history as one of the worse Presidents ever. What is his approval rating these days? http://blogs.marketwatch.com/election/2008/10/06/bush-approval-ratings-reach-new-low-poll-finds/ Why would I vote for more of the same?

bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:41:56 PM)
MzMia, why would u vote for a candidate that has a plan that will increase the duration of the future recession/depression? it is a fact that raising taxes will worsen & increase the ordeal we face.

slaveboyforyou -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:44:43 PM)
quote: One reason it IS important to play a little blame game is because the next President is going to inherit an economic nightmare. We need to understand how bad it is, and realize it will take YEARS to get us back on track, REGARDLESS who is elected. Many have no real idea how bad shit is, and it will not be fixed overnight or any time SOON. I don't care who is elected, it is going to take a long time to turn this ship around. Right now, we are voting for the best person to help us dig out of the economic HOLE the USA is falling into. Good Lord, MzMia. I heard this same rap in the early 90's. I am betting you did too. Do you remember all the doomsday predictions about the recession then? It was right after a huge econcomic expansion during the 80's. Recessions are normal occurrences; they happen. It's not the end of the world. You are not the only one watching the news. I watch it too. I have heard them making doomsday predictions since I was a child. Killer bees, nuclear winter, AIDS mutating into an airborne virus, Satanic cults kidnapping millions for sacrifice, Panama and the first Gulf War turning into Vietnam, blah, blah, blah. If it bleeds, it leads. It's an election season, and those people make a living scaring the shit out of us. We'll survive. Armageddon is not upon us.

slaveboy291 -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:46:25 PM)
quote: ORIGINAL: slaveboyforyou quote: One reason it IS important to play a little blame game is because the next President is going to inherit an economic nightmare. We need to understand how bad it is, and realize it will take YEARS to get us back on track, REGARDLESS who is elected. Many have no real idea how bad shit is, and it will not be fixed overnight or any time SOON. I don't care who is elected, it is going to take a long time to turn this ship around. Right now, we are voting for the best person to help us dig out of the economic HOLE the USA is falling into. Good Lord, MzMia. I heard this same rap in the early 90's. I am betting you did too. Do you remember all the doomsday predictions about the recession then? It was right after a huge econcomic expansion during the 80's. Recessions are normal occurrences; they happen. It's not the end of the world. You are not the only one watching the news. I watch it too. I have heard them making doomsday predictions since I was a child. Killer bees, nuclear winter, AIDS mutating into an airborne virus, Satanic cults kidnapping millions for sacrifice, Panama and the first Gulf War turning into Vietnam, blah, blah, blah. If it bleeds, it leads. It's an election season, and those people make a living scaring the shit out of us. We'll survive. Armageddon is not upon us. And of course the biggest hoax of them all, weren't we supposed to have experienced aramgeddon 8yrs ago?

MzMia -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:48:38 PM)
quote: ORIGINAL: bestbabync MzMia, why would u vote for a candidate that has a plan that will increase the duration of the future recession/depression? it is a fact that raising taxes will worsen & increase the ordeal we face. MzMia is getting ready to go to bed , so she can wake up and go the the job, she thanks GOD for. I will leave you with this. Our country is in an economic crisis. THAT is a simple fact. NEITHER candidate is perfect, and it will take a *LONG* time to dig out of this mess, regardless which one is elected. There will NOT be an instant fix, got it? At the end of the day, you must decide which candidate is the best contender to pull our country back up and get America on its feet. Obama And McCain Plans For Income Taxes, CBS Evening News: How The Candidates' Proposals Would Affect Your Wallet - CBS News

bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:51:17 PM)
if u r truly worried & believe things could get really bad, then do not vote for a candidate that has no clue. Obama will drag our economy into hell. look at history. you are a smart woman. i truly believe you understand that this is not rocket science. geez, there are some that believe i am a total idiot, but i am smart enough to see how much of my paycheck is ripped out and spent on bullshit! i would much rather use that money to keep a roof over my head and i know you agree!

bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:55:59 PM)
quote: ORIGINAL: MzMia quote: ORIGINAL: bestbabync MzMia, why would u vote for a candidate that has a plan that will increase the duration of the future recession/depression? it is a fact that raising taxes will worsen & increase the ordeal we face. MzMia is getting ready to go to bed , so she can wake up and go the the job, she thanks GOD for. I will leave you with this. Our country is in an economic crisis. THAT is a simple fact. NEITHER candidate is perfect, and it will take a *LONG* time to dig out of this mess, regardless which one is elected. There will NOT be an instant fix, got it? At the end of the day, you must decide which candidate is the best contender to pull our country back up and get America on its feet. Obama And McCain Plans For Income Taxes, CBS Evening News: How The Candidates' Proposals Would Affect Your Wallet - CBS News [image]http://www.collarchat.com/micons/m17.gif[/image] Obama's plan will end small business.

slaveboyforyou -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 9:58:10 PM)
Yes folks, we're all headed for this: http://www.youtube.com/watch?v=3cMOz_cPAeE I got all my kerchief and stick ready to carry my belongings. I'll see y'all on the trains. Watch out for the Bulls, and I'll have a pot of Mulligan stew on the fire with some hooch waiting.

bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 10:00:33 PM)
slaveboy! no way, i am gonna wear those clothes. i hated the fashions then!.....LOL!

MzMia -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 10:02:14 PM)
quote: ORIGINAL: slaveboyforyou Yes folks, we're all headed for this: http://www.youtube.com/watch?v=3cMOz_cPAeE I got all my kerchief and stick ready to carry my belongings. I'll see y'all on the trains. Watch out for the Bulls, and I'll have a pot of Mulligan stew on the fire with some hooch waiting. That's the spirit slaveboy! Buddy? can you spare a dime?

bestbabync -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 10:22:04 PM)
Jack Kemp(R) endorses a plan that will cut taxes. he says Obama's plan is not the answer for a struggling economy. he stated that Obama is not JFK. JFK cut taxes....duh!

bluepanda -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/6/2008 10:25:54 PM)
I'll see you all this coming fall in the big rock candy mountains!

barelynangel -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 4:34:56 AM)
Mia, Your the sky is falling concept and chicken little screaming does not encourage me to vote for Obama simply becuase your campaigning for him lol seems as if he advocates the public panicking, jumping out windows, running around crying abuot how the sky is falling, instead of looking at things with calm logic and a cool head saying how he is planning to fix it probably because he has no clue. Soooooo get everyone in a panic so they don't question him TOO closely lol but use panick as a way to get votes because well Bush=McCain and well Obama isn't Bush, Obama isn't to blame because well he hasn't been President -- nevermind that McCain hasn't either and imply Obama hasn't been part of the majority in government. All i see in your posts is campaigning for Obama and instead of stating what he would do, you are screaming the sky is falling, and that's ALL this country needs a candidate who encourages people to run aroud like chicken little and ridiculously misrepresenting how the governement works by saying Obama isn't to "blame" because he hasn't been president. Well, you really have a view that is completely one sided because umm well, as far as i know McCain HASN"T BEEN EITHER lol. And instead of using logic you are trying to use dislike tactics by saying Bush=McCain. But you want Obama seen as an individual but not McCain? Sorry that to me is fear on your part, because you don't believe Obama can win on merit. You may be able to win the ignorant with your sky is falling routine and indicating Obama hasn't been president so he isn't to blame for the countries current issues -- funny he campaigned for the Senate position didn't he? Just out of curiosity, what he say about the economy then? What has he done to correct what he saw as wrong? I mean you are saying George Bush has been the one completely at fault, and he has been saying the economy is fine -- exactly when did Obama start the sky is falling routine you are advocating in his campaigns? Because i don't remember his the sky is falling campaign slogan as you are indicating, i know people in Chicago who i have asked and they also don't remember his stating the sky is falling concept about the economy when he was running. So seriously, please indicate where Obama was indicating the sky is falling concept about the economy or focused on the economy prior to the recent issues that have came up? I am not saying little spiels here and there, i am saying when did the sky is falling concept come in with Obama? Something tells me probably the same times the rest of the country started taking major notice. angel

LookieNoNookie -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 4:39:17 AM)
quote: ORIGINAL: MzMia Okay I am not even going to start much with the "700 Billion Dollars" that Congress just gave to the "powers that be". All indications and indicators, are telling US, we are in a heap of trouble, and rolling downhill faster than old Speed Racer. Really now? didn't many of us see this coming? I have been listening to the author Stephen Moore talk about his new book called, guess what? "The End to Prosperity!". Interesting points of view here. End of Prosperity, Arthur B. Laffer, Book - Barnes & Noble Now I look at the cover of Time Magazine, similar theme. The End of Prosperity? - TIME Let's see the dollar is losing its value as I type this, Wall Street is on a rollar coaster ride that no one knows when it will end, unemployment is going up daily, job's are being lost as I type, we all know about the housing/mortgage crisis, we all know about the oil situation, we all know about our National Debt, we all know about the 700 billion, we all know about how hard it will soon be for many to get any type of credit or loan, inflation is getting ready to take off even more folks! and we all now know that we are up the fucking creek. MzMia is thinking you don't need to be a rocket scientist these days to figure out we are in deep, deep fucking trouble. I learned the definition of a Depression, tonight. The definition of a DEPRESSION is a recession, that lingers for years. Well welcome to the beginning of the NEW DEPRESSION era, cause all indicators are showing that this ain't going away any time soon, and will last for years. Again, I am saying we are heading for a DEPRESSION. Any thoughts, idea's and opinions welcome. Actually, the dollar has been increasing in value against almost all world currencies for close to 3 weeks. As to prosperity....no, it's not the end of prosperity....it's the end of prosperity manufactured out of debt. Now if we want a better life, we have to actually work for it as opposed to simply handing someone a piece of plastic. Like our grandparents did. (And yes...it's going to be extremely bumpy, but then again...hard work often is).

LadyEllen -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 4:51:41 AM)
If there is a depression coming, then it doesnt really matter too much who your President is - or indeed who our Prime Minister is, who the German Chancellor is or who the French President is. The world is now a very different place from last time round - and the impotence of our current leaders to affect things, even with massive injections of money, nationalisation of banks, rescue packages and so on, in the current crisis emphasises this difference, which comes down to the globalisation of financial markets, stock markets and indeed trade in real goods. It is the global market which will right itself, if it is to be righted - all our leaders can do is try to put together the legal framework for that to occur - but in a competitive global economy they all have to act together to make that happen; the markets as we have seen, are very good at exploiting any loophole and any gap in the framework to their (not our) advantage. So it would seem that the only important factor in choosing a new leader for the US in this regard is to choose someone who declares an intention to work together with others around the world to produce solutions; certainly the Republicans under Bush do not have a good track record on this, but this is not to say that McCain shares in that. Certainly Obama has made such declarations, but it remains to be seen how he might get on with employing his intentions because alike with McCain he would have influential lobby groups to satisfy in his domestic backyard. And the other important factor is that whoever is elected and has the job of putting global solutions to work is able to access very good knowledge and advice on how the markets work and might be made to work. Despite her positives which I pointed out in another thread, Palin shouldnt be allowed anywhere near this one - and I dont expect Biden to be all that eminently qualified either. Meanwhile in the UK we have Gordon Brown as PM - a man who, though it pains me to say it, is probably the best person for the job in hand. So, my advice is that whoever is elected in the US that they then nominate Brown to lead the global fix-it job. Much in the way that Bush could point to Blair as an accomplice in Iraq, the US President can then point to Brown for any problems that arise. E

LookieNoNookie -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 4:53:19 AM)
quote: ORIGINAL: MzMia quote: ORIGINAL: slaveboyforyou A depression is a lot more complicated than a "recession that last for years." The last depression has unemployment rates peaking at around 25%. We're not even at 5% unemployment, and I don't see use getting anywhere near 25% in the foreseeable future. We have safety nets that did not exist in the 1930's or the Long Depression that occurred for almost 20 years at the end of the 19th Century. We are almost assuredly headed for a recession, and it's going to hurt. It's not going to be pleasant. It's anyone's guess as to how long it will last. But we are not looking at another Great Depression. Thanks for the reply, slaveboy! We are not in a DEPRESSION, yet! We are on the way! As I said, a DEPRESSION is a recession that keeps gettting worse and worse and goes on for YEARS. As I heard tonight, they did not think or know they would be in a Depression in 1929, but the situation, kept getting worse. Riddle me this? Is our country and our situation NOT getting worse every day? Humm, maybe I am the only one around here watching and listening to the news. [8\|] Hon....life gets stickier every day, but that doesn't make it duct tape. On the other hand, slaveboys points are a little flawed as well. First he argues that we're not at 5% unemployment. Correct. We're at 6.1%. Secondly, he argues that we're nowhere near 25% unemployment as we were 75 years ago. Also correct, but 25 years ago Carter, Reagan, Bush I, Clinton and Bush II hadn't bastardized the definitions and mathematics of unemployment. Indeed, Bush II reclassified folks who make hamburgers into "manufacturers" so he could show that our manufacturing base had in fact NOT declined. Interesting. The information can be verified here: http://www.shadowstats.com/ . Often quoted by national news channels, they've been around for years and all their info, ironically, can be verified at http://www.bls.gov/CPI/ which is the federal govt's website. In fact, the current real unemplyment rate, depending on who you speak to is between 11 - 16%. Is that why it "feels worse" to most than they're telling us? Possibly. I haven't been unemployed since I was 17 largely because I've owned my own companies since I was that age, and considering their long term success, it's unlikely I'll ever have those concerns, however, the people I speak to all over the country are truly concerned, they are honestly fearful about their futures, and frankly, the closed store fronts, broken windows I've seen with my own eyes, and the business shut downs I've been reading about in every newspaper in these same towns I've been in across the nation since early 2006 tells me the information on shadowstats is accurate, possibly even understated, that our unemployment rate is in fact quite a bit closer to 14% than it is to 6%, and while I'd disagree we're either in a depression or heading towards one....where we are heading is going to feel like a depression to more people than not. And for a very long time to come.

MzMia -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 5:05:15 AM)
Actually, barelynangel I have been saying the "Economy is in horrible shape, AND we are headed for a 21st century depression for about a year. {Check my past posts}[;)] That is my opinion. {again check MY past posts} I have never said Obama nor McCain stated "The sky is falling." In fact, I really have not said the sky is falling, I have said, "We are headed for another Depression". I do not believe for 1 minute that the sky is falling, and I do believe we are headed for a long and deep recession---which equals a Depression {by definition}. We can and will survive the hard times that are ahead, there is no need for the sky to fall. But many, many of us will be looking at life a lot differently soon. Support whoever you want in the election. As I have said numerous times, our economy is in terrible shape {which is a fact}. The President of the United States will be taking over at a time in history, in which the American economy is in horrible shape {another fact}. These are indeed the facts, these are not opinions. The bottom line is whoever wins next month, will have a tough job and a long road ahead. Vote for the person that you feel is best suited for the job! Thank you all for your comments, I love to read them all! Peace [;)]

Alumbrado -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 5:20:43 AM)
quote: ORIGINAL: LookieNoNookie Also correct, but 25 years ago Carter, Reagan, Bush I, Clinton and Bush II hadn't bastardized the definitions and mathematics of unemployment. 25 years ago would be 1983, and Carter had been out of office for 2 years at that point... and no amount of bastardization is going to support the claim that the American workforce is at the same level of unemployment as during the depression years.

LookieNoNookie -> RE: The End of Prosperity/Fasten your seats, its going to be a bumpy ride (10/7/2008 5:27:55 AM)
quote: ORIGINAL: Alumbrado quote: ORIGINAL: LookieNoNookie Also correct, but 25 years ago Carter, Reagan, Bush I, Clinton and Bush II hadn't bastardized the definitions and mathematics of unemployment. 25 years ago would be 1983, and Carter had been out of office for 2 years at that point... and no amount of bastardization is going to support the claim that the American workforce is at the same level of unemployment as during the depression years. Well, 25 years ago Bush I, Clinton and Bush II hadn't been prez yet either according to that argument. (Most people, I'm confident would recognize that the "25 years ago" referred to a time period...as opposed to a specific date on a given Tuesday). An aside...I don't recall anyone suggesting that our current unemployment rates were at, or even in excess of those of the Depression....rather, that the rates quoted in the press may not be entirely accurate....or for that matter, directly comparable to those expressed in history.

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