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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (102896)	2/3/2009 9:10:30 AM
From: JohnM	Respond to of 542417

I keep asking John how he expects to pay for all this. I'm tapped out. Just gave my last trillion last week. This one will have to come from you, Steve. I know. Reluctantly. ;-)

To: Steve Lokness who wrote (102896)	2/3/2009 9:16:15 AM
From: slacker711	Read Replies (1) \| Respond to of 542417

If excess spending and really low interest rates got us here - how is REALLY low interest rates and REALLY out of control spending going to get us out? The spending that got us here wasnt government spending. Yes, the Bush deficits were bad, but they werent anywhere near the magnitude that would cause this kind of downturn. It was the balance sheet of both the banks and the consumers that put us in this spot. No action will "solve" the problem, but the government is taking steps to ameliorate the pain by leveraging up their balance sheet even as the consumers and banks leverage down. It isnt a one for one kind of thing but it can provide some cushion to the worst of the downturn. Slacker

To: Steve Lokness who wrote (102896)	2/3/2009 10:18:40 AM
From: Mary Cluney	Read Replies (2) \| Respond to of 542417

<<<Why in the world do you want to compare it to the spending by Bush - which largely got us into this mess?>>> Anybody who is not delusional will agree that we are in an economic mess. We are on the precipice of a free falling economy. Isn't it clear that the party of Ronald Reagen, Bush, Bush, Rush Limbaugh, Ann Coulter, and Sarah Palin has nothing to offer? Why in the world do you want to listen to any republican lawmaker wrt the economy. Have they changed their Reagen, Bush, Bush worldview somehow? Based on past performance, all you would have to do is do the opposite of what republican law makers are advocating. I am not sure the dems have all the answers but that is the only choice we have. We have to work with them to get out of this mess. People have decided that it is time for a change. We are into less than 10 days of a new administration and yet republicans are setting up all kinds of obstructonist booby traps for the new administration. They are using the same old scare tactics and scary imagery (i.e. welfare, socialism, redistribution of God fearing , hardworking, American patriot's money. Dems want to open the floodgates for illegal immigrants to change America. They want illegal immigrants and all their extended families to enter the US and receive welfare, so on, so on...). It is time to stop this nonsense. Give the new a guy a chance. He is willing to listen to what you have to say. If you have anything new to add, he will listen. so far, I don't fully understand the proposed stimulus package. However, if I look hard enough I see some good and some bad. Far more good than bad. There are spending on long term investments in infrastructure that may not produce jobs immediately. There is some tax relief. There is some free cash (unemployment benefits) and there are somethings that may be questionable. Why not use that as a starting point and fine tune it instead blowing it up and start with another sheet of paper?