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  #1  
Old 02-05-2009, 11:05 PM
Matt SD300's Avatar
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We may never recover???

OH MY!!!!!!!!!!!!!!!!!

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

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  #2  
Old 02-05-2009, 11:23 PM
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Fear mongering worked quite well for Bush. Why not for Obama?
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  #3  
Old 02-05-2009, 11:35 PM
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Originally Posted by Chas H View Post
Fear mongering worked quite well for Bush. Why not for Obama?
Meet the new boss, same as the old boss
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  #4  
Old 02-05-2009, 11:52 PM
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I love our government, what problem cannot be solved by shoveling Monopoly Money at it.
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  #5  
Old 02-06-2009, 12:00 AM
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If someone knows exactly what to do to improve consumer confidence and start spending again please let us know...we're listening
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  #6  
Old 02-06-2009, 12:08 AM
Hatterasguy's Avatar
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Let the market work, it takes time....no one wants to hear that.
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  #7  
Old 02-06-2009, 12:11 AM
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Originally Posted by Hatterasguy View Post
I love our government, what problem cannot be solved by shoveling Monopoly Money at it.
If only it were Monopoly Money.
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  #8  
Old 02-06-2009, 12:33 AM
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Originally Posted by diametricalbenz View Post
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.
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  #9  
Old 02-06-2009, 01:08 AM
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I say, we're over-stimulated!
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  #10  
Old 02-06-2009, 01:31 AM
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Quote:
Originally Posted by diametricalbenz View Post
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????
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  #11  
Old 02-06-2009, 01:51 AM
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Its hard to save when you have no job.
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  #12  
Old 02-06-2009, 02:00 AM
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Originally Posted by bgkast View Post
Its hard to save when you have no job.
Tax cuts will make it easier.
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  #13  
Old 02-06-2009, 02:28 AM
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Originally Posted by bgkast View Post
Its hard to save when you have no job.
Well, if you wait till you lose your job to start doing it...
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  #14  
Old 02-06-2009, 02:43 AM
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Quote:
Originally Posted by Chris Bell View Post
If only it were Monopoly Money.
After they get done with the economy, Monoply money will be more valuable then the dollar.
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  #15  
Old 02-06-2009, 06:11 AM
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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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