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Politics : John McCain for President -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (2038)	7/15/2008 1:00:56 PM
From: tonto	Respond to of 6579

A respected professional disagrees with AS...who to believe...? (s) AS, pay attention: What do you think has been the biggest surprise in the markets this year? There was a general fear that we would fall into a recession and it hasn't done that. We've gone sideways. The big surprise is that the economy has held up as much as it has. People are overlooking the fact that we're having a huge boom in the farm economy. Also, the energy area is very positive. And I further expect the weak dollar to energize our exports and manufacturing industries. Our natural competitive strengths, our innovation and creativity, remain unique skills in the global economy. We're going to start to export cars, we'll start to export steel.

To: Brumar89 who wrote (2038)	7/15/2008 3:29:45 PM
From: RetiredNow	Read Replies (1) \| Respond to of 6579

It's good to keep perspective. Business goes through cycles. We're in a down cycle now and it'll be another 12 months before we start to see a decent upswing in the economy. Even if it takes longer, the point is that the upswing will come. Having said that, there can be no doubt that adding $5 trillion to the national debt in 8 years is going to put a lid on growth for decades to come. It will eat a large chunk of our government's annual budget and it will make Fed policy less effective. We're going to have to come together as a country to pay that debt down, even if it means increased taxes for everyone. That is the medicine that most Republicans don't want to hear. The last Republican to raise taxes was Bush Sr. He was a smart and good man. Maybe the last of the truly great Republicans.

To: Brumar89 who wrote (2038)	7/15/2008 8:26:22 PM
From: American Spirit	Read Replies (2) \| Respond to of 6579

Hey pinhead, we are on the verge of a DEPRESSION. Herbert Hoover, the last GW Bush type, also told us that prosperity was right around the next corner, after his cronies had looted our nation and sent us into the biggest crash in history. And don't think the troubles this past month are the end of it. 300 banks are rumored to be bust. Inflation was 1.8% last month alone. Jopbs are being hemmoraged. Government spending remains at record highs mainly because of Iraq. And the dollar continues on its downward spiral. There is NO silver lining in this unless you're in the tourist industry which attracts foreign tourists to the US. Or the oil business. Those are the only two sectors who are doing well, and the oil business are the main crooks who have sent us into this depression/recession/stagflation energy crisis. WHy? Because they own Bush-Cheney and they're all in bed together deciding to loot us for all we're worth before they're finally out of power. Notice Bush's answer" for the $5 gasoline? Drill in wilderness areas and marina sanctuaries. That turdball whore is merely working for Exxon and nobody else. Probably because he wants a big check from them after he and the other Bushie crooks flee DC in shame.