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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (99154)10/24/2008 1:38:53 PM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
RE:"It is pathetic what we Americans have allowed to happen."

Shoot, people were in on it. Everyone thought their house was worth a fortune.



To: TH who wrote (99154)10/24/2008 2:31:05 PM
From: Don Hurst5 Recommendations  Read Replies (2) | Respond to of 110194
 
>>" It is pathetic what we Americans have allowed to happen. "<<

Yup, heard this am on NPR that we have a 40 sq mile city outside of Mosul that has the MPs directing traffic and there are others not quite so big. And we funded it by borrowing from the Chinese.

And we (our Congress) just approved a $630Bn budget for Defense?? without those so called emergency supplementals that get us up to nearly $800Bn a year aimed at finding and killing some guy in a cave. And that spending happens each and every year and as I understand it, needs to get larger. But this kind of stuff "we Americans have allowed to happen" is called "Patriotic".

Now, no way would we ever allow the spending of those kind of money sums on something as "pathetic" as Health Care for all Americans.

Just think of it...there are people who "support Government running health care..can you imagine?" That kind of spending is pro-life...a "pathetic" and probably not "patriotic" idea.