Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: HPilot who wrote (114946)	2/20/2008 9:44:09 AM
From: American Spirit	Respond to of 173976

The Bush recession started six months ago and is getting worse and worse. Stagflation is being added to the bleak picture. If you are in denial of this you are either stupid or deliberately blindly loyal to Bush. That is a huge mistake which could cost you. Get a clue. Reagan-Bush-Cheney-Norquist-Forbes-Kudlow style supply side deregulation economics is designed by the very rich for the very rich and CEO class and no one else. It is designed to loot the middleclass and the environment and bankrupt the government. It gradually kils the US manufacturing base and our entire economy. Every time the massive tax cuts for the rich are employed, along with huge military spending and vast corporate corruption, which happened both during Reagan and GW Bush, the economy gets a short-term boost based on deficit spending for about 3-4 years, then collapses under a mountain of debt. Remember the S+L debacle under Reagan? Now we have the SUb-Prime less and $100 oil. Plus a huge shift from the common wealth into the pockets of the top 1%. In fact the top 400 families in the US now control 11% of our wealth and those are Bush's real constituents. Bushie supply side tax cuts for the rich economics don't work. But the Clinton economy totally worked for everyone and created huge surpluses. Bush is on track, unless stopped, to leave us with a 13 trillion dollar debt and a dollar worth 40 cents. Also jobs growth under Bush has been anemic, our manufacturing base is basically gone, and the unemployment and deficits situation is much-much worse than they are spinning it. Don't believe the spin. If you got out a year ago, you're fine. If you're still in you've been hurt and will get hurt a lot more.

To: HPilot who wrote (114946)	2/20/2008 10:17:25 AM
From: American Spirit	Respond to of 173976

The best economies were JFK's and Clinton's. Those were the only two economies we've had since 1960 which not only benefitted people of all classes, but gave us surpluses instead of deficits. Do you remember Reagan's famous line "Government it the problem"? What he really meant was that corporations, not government programs should run everything. Since privatization generally adds some 35% to the cost of a program (see the 60% rise in health care costs under Bush) it eventually bankrupts the very program it was supposedly meant to make more efficient and competitive. Plus, the pro-corporate growth camp is for deregulation of business. That may sound nifty but it's also an invitation to cheat and steal on levels so costly they dwarf any inefficiencies in social programs. Many privatization and corporate gouging crimes have been allowed under Bush-cheney, notably the 250% rise in oil-gasoline, but the biggest ripoff of all is what Bushies want to do with Social Security. That is, loot it and get rid of it, even though the workingclass has paid for it all with their blood, sweat and tears. Even Huckabee's Fair Tax is a sham. It removes all safety nets for Americans and would drive down wages and benefit the richest people immensely. So, you see, if you're super rich and greedy, support the rightwing's economic plans. Otherwise, run for the hills. or better yet, vote Obama.