well, about Rush, I think that's typical of a republican mindset. They believe, incorrectly, that democrats wanted Bush to fail. And in fact, many democrats did not believe Bush would succeed but not one of them ever said they hoped he would fail. I mean, to want your President to fail would be like saying you hope your country fails!! And what kind of idiot would do that? Well, that part, at this point is obvious.......
Ironically, it seems that no one really knows how to fix the economy. Erin Burnett (who is a CNBC commentator) was on Real Time this week and she said that no one really knows how to fix it. When Bill asked about Geithner, she said he knows more than most but even he probably does not know how to fix it. And as Jon Stewart pointed out, CNBC are 'the best of the best' and many of their analysts have been predicting the wrong things for at least the past couple of years! They predicted that Bear Stearns, AIG, Lehman Brothers, Merril Lynch and others were not in trouble and would weather the economic downturn fine. And about GM, greed is a lot of their problem. After the oil crisis in the 70s, they began to make smaller cars with better fuel economy but Americans really love big cars!! So they kept making bigger and bigger cars and building SUVs as if we all lived in Canada!!! GM, as well as Ford and other US car makers did not believe that another oil crisis could have an effect on them. Well, it did and it was much worse than anyone could have imagined!! Personally, I think if they're going to bail out AIG on the basis that it's too big to fail, I think they should also bail out GM! Because if either one failed, it would be even worse for the economy. As for what would have happened if Gore or Kerry had been elected, at this point, no one really knows what would have happened. But I personally think we would be better off now if they had been elected. ----- Original Message ----- From: "Bill aka LeFantome" <[email protected]> To: <[email protected]> Sent: Sunday, March 08, 2009 8:44 PM Subject: {Dawgs/Dittos} Re: Gm=chapter11 Not having studied economics it is hard for me Joe Average Liberal American like 99.9% to make sense of the economic collapse. What makes sense to me is that I told ya so about electing Geo W Bush 10 yrs ago. Whether Gore or Kerry would have averted the October disaster I don't know but it would have been a better chance it might have been better. With credit and stocks and banks being corrupt by free bounds of regulation the greedy have gotton greedier and with the help of the previous administration the rich have gotton richer and now getting poorer because of the crooks like Madoff. Obama is doing what he can but he's not the Wizard of Oz. With the world collapsing finanacially special people for special time must suceed. Assholes like Limbaugh who call for the President to not suceed is almost Hitlerian and traitorish. I have had GM cars and liked them. Much of their problem has also been greed and avoidable neglience. They should file bankruptsy and get new leaders of their company. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "WebTV Dawgs/Dittos" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/WebTV-Pals -~----------~----~----~----~------~----~------~--~---
