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  #1  
Old 02-09-2009, 09:16 PM
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Is anybody scared

after listening to the President tonite? Keep in mind I hope him the best but I think 800 billion of good money is fixing to be thrown to bad. The American taxpayer should be afraid, very afraid.

He did not start all this mess but the worst of it is going to show up on his shift. Please don't turn this into a dem's/republicans thread. I am under the impression that we will be paying $12 for a loaf of bread within the next couple/few years. Has anyone ever heard of an inflationary depression?

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  #2  
Old 02-09-2009, 09:28 PM
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Stagflation
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  #3  
Old 02-09-2009, 09:32 PM
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Scared? Yup!

We are in for it when China stops buying our debt I suppose... Get ready for your 3 McDonald's Big Mac Food Rations per day!

America had a good run, now we are just screwed, time for another country to become the superpower.
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  #4  
Old 02-09-2009, 09:33 PM
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Until the US makes more than 10% of what it consumes....everything is in trouble. Simple as that. We need laws to get rid of cheap labor country products.
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  #5  
Old 02-09-2009, 09:33 PM
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Scared? Nah. this country has survived stupider episodes in the past. I see no reason that it wont survive this one. I'm just sorry taht my grandchildren will be burdened with a debt that we've incurred to maintain an unrealistic lifestyle.

It's analogous to applying for yet another credit card and transferring debt. How many times can we continue to do this?
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  #6  
Old 02-10-2009, 10:13 AM
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This is what happens when a lot of people "make" money but don't really put any sweat equity into it. A house of cards built on interest and dividends. Our economy transitioned from agricultural based, to manufacturing, to banking based. So now there should be a new base, but what?
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Old 02-10-2009, 10:30 AM
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Originally Posted by Botnst View Post
It's analogous to applying for yet another credit card and transferring debt. How many times can we continue to do this?
Very succinctly put. And yet there are folks out there who still can't figure out why this is a bad idea...
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  #8  
Old 02-10-2009, 10:58 AM
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Quote:
Originally Posted by Botnst View Post

It's analogous to applying for yet another credit card and transferring debt. How many times can we continue to do this?
We're near our limits now.
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  #9  
Old 02-10-2009, 11:06 AM
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Quote:
Originally Posted by botnst View Post
scared? Nah. This country has survived stupider episodes in the past. I see no reason that it wont survive this one. I'm just sorry taht my grandchildren will be burdened with a debt that we've incurred to maintain an unrealistic lifestyle.
x2
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  #10  
Old 02-10-2009, 11:12 AM
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Originally Posted by 84500SEL View Post
OBAMA = FAIL!!!

OVER MILLON JOBS LOST ON HIS WATCH.
gas is up
suppose to create 5 millon new jobs -all b/s to get elected.

cant wait for 4 years to come

HIS RATINGS ARE WAY DOWN , i cant stand to watch him talk ,last night 1 reported asked 1 question he took,over 10 mins, to try to get his point accros , i tured the channel.yes history is being made alright !!!
Wow. And you’ve got this doomsday theory figured out all from his first two weeks in office.

I think you jumped in here with a particular mindset that was made up way before his talk last night. Way before his being elected for that matter.
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  #11  
Old 02-10-2009, 11:30 AM
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Quote:
Originally Posted by 84500SEL View Post
OBAMA = FAIL!!!

OVER MILLON JOBS LOST ON HIS WATCH.
gas is up
suppose to create 5 millon new jobs -all b/s to get elected.

cant wait for 4 years to come

HIS RATINGS ARE WAY DOWN , i cant stand to watch him talk ,last night 1 reported asked 1 question he took,over 10 mins, to try to get his point accros , i tured the channel.yes history is being made alright !!!
Get a grip.
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  #12  
Old 02-10-2009, 11:38 AM
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Quote:
Originally Posted by 84500SEL View Post
OBAMA = FAIL!!!

, i cant stand to watch him talk !
I might advise listening instead of watching before you condemn anyone's efforts and ideas.

Of course the above requires a rather firm understanding of current conditions but there you are.....
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Old 02-10-2009, 11:43 AM
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LMAO

12 and 13….. Priceless.

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  #14  
Old 02-10-2009, 11:46 AM
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Originally Posted by WVOtoGO View Post
LMAO

12 and 13….. Priceless.

That Black Label is smooth.
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  #15  
Old 02-10-2009, 11:54 AM
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Originally Posted by Carleton Hughes View Post
That Black Label is smooth.
And so too is this (Reserva del Senor) Almendrado.

Nope – No flying today !!

Cheers to all !! (raising my glass)

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