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

To: Paul Kern who wrote (103414)	2/7/2009 10:03:56 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 541957

Fine. You can stay with the neo con fantasies and I'll continue in the fact based reality. So anyone who doesn't agree with your narrow view of the world is a neo-con? There was another man who had a narrow view and everyone else he thought was a traitor - his name George Bush. And one who embraces other ideas knowing very well the wisdom of divergent ideas. That man? Obama. steve

To: Paul Kern who wrote (103414)	2/7/2009 10:09:00 AM
From: Lane3	Read Replies (2) \| Respond to of 541957

You can stay with the neo con fantasies Hmmm. I see we're still suffering the promiscuous use of that therm...

To: Paul Kern who wrote (103414)	2/7/2009 2:00:11 PM
From: Katelew	Read Replies (1) \| Respond to of 541957

Do you have children and grandchildren? Does it concern you that all this spending must eventually be paid for? And what happened to the pay-as-you-go rhetoric of the Dems during the campaign? The fact based reality is that the economy will find its own footing.....probably sooner than most people think....and it's not worth spending a $trillion to jumpstart it. One of the unintended consequences of massive stimulus spending has always been the possibility of higher interest rates. Rates have been backing up for a few weeks now, making TBT a great performing etf over the last month. I've said here before that the most excruciating economic pain for a country would be a situation where interest rates were rising even as assets values continued to fall. TARP kicked this possibility into motion and the size of the coming stimulus seems to be adding to the danger. Too early to know for sure, but warning bells are sounding, I think.