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Old 07-25-2008, 08:47 PM
 
Location: Olympus Mons, Mars
6,318 posts, read 9,103,354 times
Reputation: 6672

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Our economy unfortunately is increasingly being built on a deck of cards, everytime we have an opportunity to have a correction we try to circumvent it and increase the height of the deck, it will be a sobering day when all that comes crashing down.


YouTube - Save our economy
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Old 07-26-2008, 08:23 AM
 
372 posts, read 786,996 times
Reputation: 126
It's amazing what some dramatic background music can do for a piece.
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Old 07-26-2008, 08:38 AM
 
2,840 posts, read 3,169,227 times
Reputation: 1399
When the house of cards comes crashing down? It's happening here and now!

I predict that the next major bank to fail will be Washington Mutual.
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Old 07-26-2008, 02:16 PM
 
Location: San Diego California
6,797 posts, read 6,484,473 times
Reputation: 5180
That video should be manditory viewing by every citizen! Rep to you for sharing it.
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Old 07-26-2008, 05:15 PM
 
19,098 posts, read 20,668,871 times
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Isn't this what Ron Paul has been saying? Stop the bailouts! That's my freaking money...
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Old 07-26-2008, 08:05 PM
 
2,197 posts, read 6,816,848 times
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I was disgusted, but not truly pessimistic, until last week. I think we hit the fork in the road... and took the fatal turn. Passing the bailout bill will divide this country at a time when it's crucial that we stand united. If we elect the wrong President, I think we're done.
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Old 07-26-2008, 09:37 PM
 
19,098 posts, read 20,668,871 times
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Elect the wrong President? What choice do we have? McCain versus Obama... both wrong choices... so its not really an "if" about it... its simply we "are" going to.... unfortunately, none of them knows much about economics... and their "experts" have their own agendas... none of which is good for taxpayers...
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Old 07-27-2008, 07:18 AM
 
Location: America
6,987 posts, read 15,766,746 times
Reputation: 2073
Guys,

get over the who is in office thing. It doesn't matter if they put a genius in there. The economy MUST go through a correction. It is what it is. People are going to suffer for awhile, NO one will be able to stop that. The big thing is, how they restructure the economy once that time comes. Hopefully we don't base our economy on debt again.
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Old 07-27-2008, 07:43 AM
 
2,197 posts, read 6,816,848 times
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I'm talking about leadership and making good choices.... uniting an increasingly divided country... transitioning America from what it once was to what it will likely become, as this economic correction unfolds. Turbulent times need strong leaders. And this is the best we have?

I agree that neither candidate is the leader we need at this critical juncture.
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Old 07-27-2008, 08:32 AM
 
19,098 posts, read 20,668,871 times
Reputation: 8384
Quote:
Originally Posted by Wild Style View Post
Guys,

get over the who is in office thing. It doesn't matter if they put a genius in there. The economy MUST go through a correction. It is what it is. People are going to suffer for awhile, NO one will be able to stop that. The big thing is, how they restructure the economy once that time comes. Hopefully we don't base our economy on debt again.
Sorry, but that's never going to happen in my lifetime... too much money is at stake for the government to do that... unless they cut the size of government, which I don't think a lot of people would go for... because "free" money is involved...
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