Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (96089)	12/1/2010 10:56:24 PM
From: CF Rebel	5 Recommendations Read Replies (2) of 224724

The stock market knows there will be no double dip recession. This recovery is for real. Like most liberal beliefs, the "recovery" is a fantasy. Today, with the Dow up 249 on average volume, long bonds fell. Investors are now demanding higher interest rates to hold bonds. This is a change from the past couple of years. You need only look to Europe to see what's coming to a fantasy near you. As governments roll over their debts and interest rates rise it creates an upward spiral: more debt upon debt. There is another credit market freeze coming that no one will be able to solve - losses will finally have to be recognized. At that point only those with cash will be able to buy or sell anything. The crime of 1913 will come home to roost. If there's no double dip recession it's because the second leg down will be a depression. For one to not see this, one must be narrow-minded, blind, narrowly educated, living in a mental fog, intellectually corrupt or just stupid. Seems to describe most liberals I talk to or otherwise observe. Enjoy your fantasy while you've got it. CF Rebel

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