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-   -   We may never recover??? (http://www.peachparts.com/shopforum/off-topic-discussion/244440-we-may-never-recover.html)

Matt SD300 02-05-2009 11:05 PM

We may never recover???
 
OH MY!!!!!!!!!!!!!!!!!:eek::rolleyes::eek:

http://news.yahoo.com/s/ap/20090205/ap_on_go_pr_wh/congress_stimulus_126

Chas H 02-05-2009 11:23 PM

Fear mongering worked quite well for Bush. Why not for Obama?

Chris Bell 02-05-2009 11:35 PM

Quote:

Originally Posted by Chas H (Post 2101595)
Fear mongering worked quite well for Bush. Why not for Obama?

Meet the new boss, same as the old boss

Hatterasguy 02-05-2009 11:52 PM

I love our government, what problem cannot be solved by shoveling Monopoly Money at it.:rolleyes:

diametricalbenz 02-06-2009 12:00 AM

If someone knows exactly what to do to improve consumer confidence and start spending again please let us know...we're listening ;)

Hatterasguy 02-06-2009 12:08 AM

Let the market work, it takes time....no one wants to hear that.

Chris Bell 02-06-2009 12:11 AM

Quote:

Originally Posted by Hatterasguy (Post 2101627)
I love our government, what problem cannot be solved by shoveling Monopoly Money at it.:rolleyes:

If only it were Monopoly Money.

DeliveryValve 02-06-2009 12:33 AM

Quote:

Originally Posted by diametricalbenz (Post 2101638)
If someone knows exactly what to do to improve consumer confidence and start spending again please let us know...we're listening ;)


We need another housing bubble! Get the loans out to the public. Relax the requirement lending for potential homeowners and let good/worthy investors buy up all the empty foreclosed homes they want. The economy crashed with the housing bust, it would most likely pick up with a housing boom.

LaRondo 02-06-2009 01:08 AM

I say, we're over-stimulated! ;)

AustinsCE 02-06-2009 01:31 AM

Quote:

Originally Posted by diametricalbenz (Post 2101638)
If someone knows exactly what to do to improve consumer confidence and start spending again please let us know...we're listening ;)


Why? That's how the whole mess started in the first place. It looks like people are doing the right thing, though. Savings are up. Strange concept, build wealth, and then you aren't poor????

bgkast 02-06-2009 01:51 AM

Its hard to save when you have no job.

Chas H 02-06-2009 02:00 AM

Quote:

Originally Posted by bgkast (Post 2101694)
Its hard to save when you have no job.

Tax cuts will make it easier.

AustinsCE 02-06-2009 02:28 AM

Quote:

Originally Posted by bgkast (Post 2101694)
Its hard to save when you have no job.

Well, if you wait till you lose your job to start doing it...

veggihatetank 02-06-2009 02:43 AM

Quote:

Originally Posted by Chris Bell (Post 2101646)
If only it were Monopoly Money.

After they get done with the economy, Monoply money will be more valuable then the dollar.

LaRondo 02-06-2009 06:11 AM

I see. We should start to save Monopoly money.

I am very sure they will replace the Dollar with the Amero or something similar. After they arrange for the North American Union. It's the only way out and they know it. That's why they are very little concerned about debth and the value of the Dollar. It will all wash out with a new currency.

The problem: A new currency won't fix the economy, it will only reset the monetary face value.

They did it in Europe, they will do it here.


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