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Joe Zhang
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Posted: 19 September 2008 at 6:55pm | IP Logged | 1  

U.S. Debt May Grow $1 Trillion on Rescue, Barclays' Pond Says

Edited by Joe Zhang on 19 September 2008 at 6:55pm
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Michael Retour
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Posted: 19 September 2008 at 6:57pm | IP Logged | 2  

You're agreeing with LaRouche now? Couldn't you have picked someone more credible like Dionne Warwick and her pyschic friends?

I do agree with the proposals laid out above.  Yep.

They make far more sense than anything I've seen so far. 

Who do you agree with?  Seriously? 

I don't care about the controversy surrounding a politician like LaRouche.  That's natural in politics. 

I don't buy them either.  Looking at the websites (thanks Mike) the guy comes off as a FDR-style Democrat.  
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Dan Avenell
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Posted: 19 September 2008 at 7:48pm | IP Logged | 3  

Gov. Sarah Palin's favorable/unfavorable ratings have suffered a stunning 21 point collapse in just one week, according to Research 2000 polling. Last week, 52% approved and 35% disapproved of the GOP vice presidential nominee (+17 net). This week, 42% approved and 46% disapprove (-4 net).

Awesome.
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William Byrd
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Posted: 19 September 2008 at 9:24pm | IP Logged | 4  

The name "Research 2000" sounds futuristic, but we are in the year 2008 so it should look dated.



Edited by William Byrd on 19 September 2008 at 9:26pm
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Jodi Moisan
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Posted: 19 September 2008 at 11:05pm | IP Logged | 5  

Gov. Sarah Palin's favorable/unfavorable ratings have suffered a stunning 21 point collapse in just one week, according to Research 2000 polling. Last week, 52% approved and 35% disapproved of the GOP vice presidential nominee (+17 net). This week, 42% approved and 46% disapprove (-4 net).

Awesome.

I just read on the AP, that bridge to nowhere that she says she later turned against, yes she was first for it then against it, but kept 238 million tax dollars. She is bogged down with an on-going investigation, she still can't answer tough questions. McCain looked bad picking her. For the first time since Bobby Kennedy, a democrat is leading in Indiana.


 

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Rich Rice
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Posted: 19 September 2008 at 11:15pm | IP Logged | 6  

Ah, the real world marches on. Propaganda pudding was so easy to digest. It has been so easy to run with the pithy rhetoric of "freeing" the markets from government control so that manna would fall from the heavens. All those evil regulations simply stand in the way of all that trickle-ly goodness. Government bad. Business good. - Get out of the way! It is never a bad time for making a profit.

As I said before, we live with a government and society hell bent on private wealth, public poverty. Except the new mantra has now been correctly adjusted: it is now an economy of private profit and socialized losses. For all the florid economic writing, flow charts and statistics, the one thing they don't seem to be teaching to MBA's is Ethics. This disaster was fueled by greed and deception. So now the American people are to pick up the tab to the tune of a trillion dollars -or more. A curious turn of events, given the hew and cry over all things socialized.

Why all the fuss here over socialized health care? What could it cost??? A trillion dollars?  We now thrown that kind of money around with but 4 days of deliberation. Piece of cake. We threw that kind of money around via Iraq... with no fruit falling from that tree. So returns isn't an issue.

Once again the great Christmas tree has been shaken! Everyone cheer.

There will be private wealth. There will be public poverty in the form of massive debt while government at all levels operating in the red. And the sheeple will placated with Propoganda... "Read my lips..." Which is almost as big a lie as "We will cut spending."

Cut spending??? Ha! At this point, thanks to our latest round of Christmas in September, 2 out of every 10 dollars will go just to pay interest on the national debt. The war machine will have to be replenished. Medicare cuts? I think not. Add in a few more essentials no American would be without and you get the same budget mess we currently enjoy.

And Social Security??? Forget about it. There'd be hell to pay and then some. (And it will be awhile before anyone dares to mention the word privatizing in a sentence paired with Social Security. Not in this climate.)

-All of which guarantees an INCREASE in expenditures.

And it is but a matter of time before a few of those MBA's figure out how to milk the golden cow that is this new bail out system.

Welcome to the new reality where the line between us and socialism has become very blurred. And the world asks the trillion dollar question: When does the U.S. debt become too much debt??? Stay tuned, we are going to find out.

Merry Christmas, everyone!


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Rich Rice
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Posted: 19 September 2008 at 11:26pm | IP Logged | 7  

McCain's fundamental blunder was saying, "The fundamentals are sound." -Then trying to fix the blunder by suggesting the fundamental walks on two feet and carries a lunch bucket. -Followed by word getting out that he sees himself as "fundamentally" a de-regulator.

All of which, for me, was like receiving a gift-wrapped present with a big fat bow on top.


Edited by Rich Rice on 19 September 2008 at 11:29pm
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Mike O'Brien
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Posted: 20 September 2008 at 2:59am | IP Logged | 8  

He's using the word to remind his base why they were breifly excited about his campaign.  ("Hey!  I've got a fundamentalist on the ticket!") 

Shrewd enough move, but while it kind of energizes his base, it also lights a fire under progressives and undecided, who do not want a fundamentalist in the oval office. 

 

 

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Tom French
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Posted: 20 September 2008 at 4:35am | IP Logged | 9  

"The Democratic National Committee, using publicly available records, has identified 177 lobbyists working for the McCain campaign as either aides, policy advisers, or fundraisers. Of those 177 lobbyists, at least 83 have in recent years lobbied for the financial industry McCain now attacks."
-- Mother Jones magazine
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Christopher Alan Miller
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Posted: 20 September 2008 at 5:09am | IP Logged | 10  

All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

Dodd, Christopher CT D $165,400
Obama, Barack IL D $126,349
Kerry, John MA D $111,000
Bennett, Robert UT R $107,999
Bachus, Spencer AL R $103,300
Blunt, Roy MO R $96,950
Kanjorski, Paul PA D $96,000
Bond, Christopher MO R $95,400
Shelby, Richard AL R $80,000
Reed, Jack RI D $78,250
Reid, Harry NV D $77,000
Clinton, Hillary NY D $76,050
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Christopher Alan Miller
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Posted: 20 September 2008 at 5:20am | IP Logged | 11  

I wonder who said this.

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole

 

It wasn't Barack Obama.

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Tom French
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Posted: 20 September 2008 at 5:25am | IP Logged | 12  

Wow, Chris -- you sure do get pissed off over a couple of innocent quotes, don't you?
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