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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 (66172)	6/2/2009 3:23:43 PM
From: TideGlider	1 Recommendation Respond to of 224750

No Kenneth, it was a well orchestrated campaign and a poor Republican Candidate. You just keep believing that nonsense. You are just like that jerk Hannity was 4 years ago. Claiming the Dems can't win elections. This last year you also had the "black man" gimmick. A lot happens in four years.

To: Kenneth E. Phillipps who wrote (66172)	6/2/2009 3:53:56 PM
From: Hope Praytochange	1 Recommendation Respond to of 224750

Yet this week, Mr. Tim Geithner - the big banks' main man in Washington - is in China trying to reassure the Chinese that America takes its financial obligations seriously. That's something we never expected to see either. America may have the strongest economy on earth. But if the commies stop financing it, we're out of business. So Geithner is in China, hat in hand, like a major debtor called into the bank president's office. Geithner, of course, has no choice. He has to go...and say what he has to say. He will use all the right words. He will show the appropriate seriousness...he will smile when it is called for...and put on a grave face when he needs to. The trouble is, there's little he can do to help the Chinese. They want him to protect the dollar and the bond market. That's something he can't do. "It will be helpful if Mr. Geithner can show us some arithmetic," said Yu Yongding, a former advisor to the Chinese central bank. Yes, we'd like to see that arithmetic too. How do you add $1.75 trillion in deficits...pay for it with funny money from the Fed...and still come out even on the value of the dollar? There's no arithmetic we know of that works in the Chinese favor. Right now, the numbers...and the logic of the situation...are telling us that feds aim to create inflation. Instead of trying to keep prices under control...they're trying to get them to go up. That's yet another thing we didn't expect to see! The US government is less concerned with protecting foreign lenders than it is with getting the US economy back to its old E-Z money ways. Cheap money is what people want. Cheap money is what the feds are trying to give them.