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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (59913)	2/23/2009 1:52:27 PM
From: JakeStraw	3 Recommendations Respond to of 224737

By that time inflation will be back in full force due to the Treasury flooding the market with debt to pay for all the social programs. They'll have to raise interest rates to attract buyer's who'll realize in order to offset the risk of holding paper - that is backed merely by printing press and little else - they need a higher rate.

To: Kenneth E. Phillipps who wrote (59913)	2/23/2009 2:30:44 PM
From: lorne	3 Recommendations Read Replies (1) \| Respond to of 224737

Ken...obama's boss does not appear to be very upbeat. So does this mean all that money obama in obama's stimulus thingie is a waste? Soros sees no bottom for world financial "collapse" Sat Feb 21, 2009 reuters.com NEW YORK (Reuters) - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union. He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system. "We witnessed the collapse of the financial system," Soros said at a Columbia University dinner. "It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom." His comments echoed those made earlier at the same conference by Paul Volcker, a former Federal Reserve chairman who is now a top adviser to President Barack Obama. Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain. "I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said.

To: Kenneth E. Phillipps who wrote (59913)	2/23/2009 2:55:31 PM
From: JakeStraw	1 Recommendation Respond to of 224737

To: Kenneth E. Phillipps who wrote (59913)	2/23/2009 3:02:56 PM
From: JakeStraw	3 Recommendations Read Replies (2) \| Respond to of 224737

Message 25432934 This is what we American have to be proud of: 1 We elect a president with a total of 42 days experience as a U S Senator from the most politically corrupt state in America whose governor is ousted from office. The President's first official act is to close Gitmo and make sure Terrorists civil rights are not violated. 2 The U.S. Congress rushes to confirm an Attorney General, Eric Holder, whose law firm we later find out represents seventeen Gitmo Terrorists. 3, The CIA Boss, Leon Panetta with absolutely no experience, has a daughter Linda we find out, that is a true radical anti-American activist who is a supporter of Anti-American regimes in the western hemisphere. 4. We have one of the most corrupt female politicians in America as Secretary of State. 5. We got a Tax Cheat for Treasury Secretary who files his own taxes. 6. A Commerce Secretary nominee who withdrew due to corruption charges. 7. A Tax cheat nominee for Chief Performance Officer who withdrew under charges. 8. A Labor Sec'y nominee who withdrew under charges of unethical conduct. 9. A Sec'y HHS nominee who withdrew under charges of cheating on his taxes. And that's just the first few weeks . . . but who's counting. America is = 2 to being run by the modern-day Three Stooges ~ Barrack, Nancy, and Harry ~ and they are still trying to define stimulus. Stimulus is where the government gives a smidgen of your own tax dollars back to you making you feel so good about yourself [stimulated] that you want to run out to Wal-Mart and buy a new Chinese-made HDTV! Obama stands for.....One Big Ass Mistake America So......come this year when it's time to do your taxes and you find a "grey" area that can go either way, will you do the honorable thing and pay your fair share.......your follow in the footsteps of your honorable leaders of this "once" great country???? Jim