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Politics : Politics for Pros- moderated
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To: Lizzie Tudor who wrote (14700)10/31/2003 6:38:21 PM
From: Lazarus_Long  Read Replies (1) of 793649
 
Liquidity?
Message 19423925
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The claim there is that liquidity is drying up. And the economy and markets are in danger because of that. Not that there is excess liquidity, which is what is needed to drive the market nuts.

awful for jobs
People wanted globalization, remember? They got it. It was pointed out at the time what that could result in. Nobody cared.

You think Bush is intentionally sending jobs overseas? Is this your thesis? If so, say so. What I remember was that this was a big part of Billy Clinton's agenda. If you want to blame, lay the blame where it belongs. This is like blaming Harry Truman for WW2.

And when Bush says things are great
OK. Bush is a politician. Now name a President who wasn't. Or tell me when you expect to see the first one in office who isn't.

Bush didn't invent Original Sin, Lizzie. Some of this crap - like the economic mess - was inherited. That bubble was going to burst- -in fact did burst- -before he even had the nomination. Do you think the market is so prescient that it can see not only who will win a close election, but who will get the nominations?

You want to blame him for Iraq? Fine. Guilty as charged. Bad economy? Jobs shipped to India? No.
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