On Feb 4, 2009, at 8:58 PM, Roger Howard wrote: > On Wed, February 4, 2009 5:41 pm, Charles Bennett wrote: > >> Today there is very little left of the Republican party that I can >> agree with, but I disagree with the "tax payer looting scheme" of the >> current Democratic party even more. > > This is where I get confused. I think, if we take parties out of the > discussion, we agree on a lot of points.
We actually do. We mostly fight around the margins. > But then you go and say this - > and I'm wondering where the outrage was the last 8 years? Don't you > consider running up massive deficits to be looting? Don't you consider > huge trade imbalances to be looting? How about those small-government > Republicans, how's that working? > > I'm not letting the Democrats off the hook, but if I were to give any > benefit of the doubt on economic issues to either party today, it > wouldn't > be the GOP. > > As for the current situation, if you mean the "stimulus" or > "bailout" or > whatever the term-du-jour is, I see it as an honest, well-meaning > response > to the massive problems we're facing. Is it the *right* response? I > really > have no idea - I'm not convinced things *can* be fixed through more > manipulation, but I'm also not keen on seeing what's left of the > middle > class destroyed, and that's clearly what's happening. In my personal opinion, there is no way out of this except through massive pain. My problem is that I don't see how the stimulus package helps. It literally fires up the printing presses and creates money out of thin air to give to the people that screwed it up in the first place. They turn around and go to Vegas unless the reporters follow them around 24/7 and your average person, little less a low income person, still can't get a loan for a house. What the hell? Mean time, all of congress and Obama say that if we don't just pass this instead of going over it with a fine toothed comb first "disaster" will happen. I;ve got news. Disaster is going to happen with or without the package. It's just about timing. > > > I'm stumped what to do, but I know whose economic ideology not to > follow. > Frankly, until Obama took office it seemed like a massive stimulus was > fairly popular in political circles of all stripes (and far less > popular > with the general man on the street) - the main debates being who > gets to > cash the check, not the size (or existence) of the check itself. > I agree. The very idea of the stimulus lands on the Bush admin. It was BS when it was only 800 billion. another Trillion is just a larger pile of BS. It is not going to work and anyone can see that. The only difference is that when we finally admit it isn't working we will be 1.8 trillion dollars further in debt and inflation will be back at Carter admin levels. All it will take for a true depression to happen is another energy crisis. The average man on the street knows that there is no free lunch. Congress knows this too, but they figure that my kids are buying, so what the hell, fire up the presses. We are so screwed. Someone asked my what I was going to do when I retire. I said "Retire? I'm more likely to be an early casualty in the coming revolution" I'm starting to wonder if I was joking. I'm such an optimist. At least I know how to hunt for meat and have a farm large enough to grow food for my extended family.. =c= _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
