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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (418614)	9/21/2008 1:51:18 PM
From: tejek	Read Replies (1) \| Respond to of 1575544

Our economy is quite strong. Even this trillion dollar bailout may well not even cause a blip. Look.....stop spreading FUD. The economy is not strong. And we can't afford all the money that's being handed out for financial problems. Things are a total mess......made much worse by gov't inaction this past year.

To: i-node who wrote (418614)	9/24/2008 6:15:02 PM
From: TimF	Read Replies (1) \| Respond to of 1575544

Even this trillion dollar bailout may well not even cause a blip. I wouldn't go that far. A trillion dollars is a pretty big blip, even in a $14tril a year economy. Its like the government all of the sudden spending 33% more than they did they year before (well not if it isn't all spent in a year, but you get the point). Still I agree with you that the doom and gloom scenarios being passed around can get pretty far fetched. Not just "worst since the great depression", or "great depression light", but "another great depression", and even "Think martial law ... food riots ... gas at 20$/gallon, if you can find any ... rampant militias turning into warlord gangs ... & a literally bankrupt government leading to a total collapse of national & local infrastructure." meganmcardle.theatlantic.com