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#1
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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Jim 
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#3
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. 
__________________
2006 BMW M5 "Heidi" @ 109,000 miles 2005 MBZ C55 AMG "Lorelai" @ 165,000 miles 1991 MBZ 300E "Benzachino II" @ 165,000 miles 1990 MBZ 500SL "Shoshanna" @ 118,000 miles (On the hunt for a good used M103 engine as of 6/10/23, PM me if you have one to sell!)
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#4
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.
__________________
-diesel is not just a fuel, its a way of life-  '15 GLK250 Bluetec 118k - mine - (OC-123,800) '17 Metris(VITO!) - 37k - wifes (OC-41k) '09 Sprinter 3500 Winnebago View - 62k (OC - 67k) '13 ML350 Bluetec - 95k - dad's (OC-98k) '01 SL500 - 103k(km) - dad's (OC-110,000km) '16 E400 4matic Sedan - 148k - Brothers (OC-155k)
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#5
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
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?
__________________
1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma
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#7
02-10-2009, 10:30 AM
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Quote:
__________________
1992 300D 2.5T 1980 Euro 300D (sadly, sold) 1998 Jetta TDI, 132K "Rudy" 1974 Triumph TR6 1999 Saab 9-5 wagon (wife's)
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#8
02-10-2009, 10:58 AM
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Quote:
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Question Authority before it Questions you.
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#9
02-10-2009, 11:06 AM
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Quote:
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1980 300D - Veggie Burner !
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#10
02-10-2009, 11:12 AM
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Quote:
 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.
__________________
1980 300D - Veggie Burner !
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#11
02-10-2009, 11:30 AM
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Quote:
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#12
02-10-2009, 11:38 AM
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Of course the above requires a rather firm understanding of current conditions but there you are.....
__________________
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#14
02-10-2009, 11:46 AM
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Quote:
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#15
02-10-2009, 11:54 AM
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 Nope – No flying today !! Cheers to all !! (raising my glass)
__________________
1980 300D - Veggie Burner !
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