Start stocking Ravioli!

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you are 100% right…..

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I blame Congress. Neither Obama nor the Fed could push us in the direction of this train wreck withhold the approval or acquiescence of congress. At this point, I know of nothing short of a fiscal and economic train wreck that can alter congress’s self inflicted destructive path. A German friend who was a young teenager during the post war economy recently shared her memoirs with my wife and me. Think of this: no money, no electricity, no running water and no sanitation. No government services. Trade what vegetables you can raise in your garden to a nearby farmer for some milk and occasionally an egg. Try to raise a family under those conditions.
The path our country is on will take us there by default, without a world war to blame it on. It will be blamed on our (the taxpayer’s) greed. Congress will have been only the vehicle. The administrations will blame everyone and anyone but refrain from accepting any blame at all. “…We were just trying to provide the people what they demanded…”

People, pay as you go.

Demand it of congress. Demand it of the administration. Demand a sound monetary policy. Demand energy independence.

This is a suicidal course they have put us on.

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The BEST thing that could have been done, WAS to let the economy “hit the wall”…. yes it would have hurt!! Yes it would have been HARD! Yes some would have suffered, possibly MORE! BUT, it would have been QUICK, the bottom hit and IDENTIFIED, and we would have had nowhere to really go, but UP! Recovery would have been MUCH faster and more defined, and we’d be better off as a nation by now, instead, to win “points” in polls etc, they always insist in the “soft landing” method, where they artificially tweak and pump up and basically FAKE everything so no one “suffers too much”… INSTEAD we all suffer MUCH LONGER!!!!

It’s not unlike a car crash… do we hit the wall, take the pain, get out, deal with the financail hit, get aq new car, then continue on??
OR…. the way GOV handles it…. bonce off the wall, OW…bounce off the wall..OUCH!.. bounce off the wall….etc etc etc, until MAYBE things head back on track??? It’ “spreads the pain”…. the pain is around LONGER, and in the end, your car is STILL TRASHED…. so you gained what???
Other than “political points” (and re-election, so it REALLY is about getting the job back, NOT helping US out any) from those dumb enough to think they were in fact “better off”…. NOTHING> You actually LOST!! The faster you bottom, the FASTER you “REBOUND”!! You make MONEY on the rebound…. you DON’T constantly “bouncing off the wall”……..
and so it goes……

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Blame Bush?

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