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To: Stoctrash who wrote (9232)4/2/2008 2:13:52 PM
From: ahhaha  Read Replies (1) | Respond to of 33421
 
So basically, unless other major steps are taken - this whole credit bubble issue meanders for a say 1-3 more years.

Perhaps with the same kind or degree of ongoing threat posed by 911. Nothing really comes of it because some took the necessary steps to preclude a revisit.

I use this time frame since with the info-age things happen much faster today than they did 100 years ago. Fair to say?

I believe a Congress composed of 76% Republicans would have the whole enchilada effectively solved in 3 months. Thus, the drag is only a limitation of prevailing, left wing, political philosophy.

Why can't *some* of it happen?

War on wealth waged by 'crats is far more important to them than any financial crisis which 'crats see as only the result of rich guy machinations. 'crats insist on "fairness" through the device of Dual Mandate. FED uses Dual Mandate as the rationalization for doing good. FED ain't 'crat but FED, like everyone else, has a divinely inspired need to do good. The pretense to knowledge called "doing good", is the main motivation of modern man especially among the idle rich.

New office, new plans, new dudes and maybe a chick @ 1600 Penn Ave?

Nothing new about it. Just a move to greater socialism. That had such value to the Soviet Union. Just think of all the good those news could do. Why, they might be able to repeat the glory of Soviet Union. Such a noble effort is worth the rest of your life in poverty for the greatness your suffering could buy for some unknown person in the future. God, that's so inspired that it's worthy of the tile of "do-gooder". Seek to do good and you will do evil equally which you do not see.

Change is one thing constant in the World no matter what topic your on. Are you that pessimistic because you know "much too much" of this game?

"Change is one thing constant"? You mean the other guy's change that puts him in a state of poverty in order to keep your wealth up. Glorious.

Are you planning on running for office or waiting for financial dooms day in the USA?

I'm planning on getting out of the US as it sinks ever greater into the pit of socialism.

I reread some of your old postings a few days ago...you know your financial shit.

You won't feel so kind towards me after you've read the above. Instead, you'll realize how wrong I am, since I blame 'crats for ALL the malaise that has hit the country over the last 40 years, all of which resides in my prodigious memory in excruciating detail. In 1970 I was 'crat, but every ensuing year forced me to admit the truth that 'cratism is pure evil, and pre '80s 'crats were benign in comparison to the illiterate, elitist, self serving, rabid, lunatics, who dominate that subhuman party now. For example, JFK would vomit to see what has happened to it.