Stimulus package is a rerun from 1929

[TalkingDog]

http://www.marketwatch.com/news/story/great-fiscal-stimulus-package-/story.aspx?guid={D3B850E5-E05D-40DA-A630-42B3CB838AE9}

I posted it in GD too, but found the salient points interesting:

"Fundamentals are strong." claimed the talking heads

Bipartisan tax cut

Promise to provide cheap credit.



My Favorite Master Artist: Karen Parker GhostWoman Studios

[Fredda Weinberg]

1. It's OK. Fiscal policy will cooperate w/monetary as soon as a

new administration takes office. Any of our candidates will not repeat the mistakes of the current, questionably legitimate regime.

[Lasher]

7. But all the Republicans would do more of the same.

We can't afford to lose this general election.

[liberal N proud]

2. Those who do not study history are doomed to repeat it

Bu$h and his regime either have never studied history are they are trying to spark another depression.

[Warpy]

4. No, I think it's going to come as a total shock to them

while those of us who have been paying attention to things like abandonment of the New Deal protections have been preparing for it.

The Great Depression was a crisis of maldistribution then as it is now, the bulk of the country's wealth concentrated into a few hands while people at the bottom were given cheap credit to substitute for inadequate wages. The boom then was in stocks bought with 96% of their face value financed; the boom now is houses that are hyperinflated and creatively financed with incredibly iffy paper that no person in his right mind would ever dream of being able to pay off on current wages.

Deregulation was to make business more streamlined so we'd all benefit, not let in the thieves. Privatization was to increase community funds for public works projects. Lowering taxes on the wealthy was supposed to increase revenues, since they pay higher tax rates and will end up paying more taxes on the wealth increase, eventually (that last one was a real stretch, but yahoos bought it).

A new generation has learned anew that GOPonomics will never work, that deregulated capitalism is brutal, that privatization is another word for thievery, and that the rich don't need any more money than they already have, thanks, because they rarely do good things with it.

The GOP will have to wait another 40 years or more for the next batch of suckers to come along and buy it all again.

[SlowDownFast]

10. Did you see that last press conference with

Dumbfuck, Dicky and Paulson standing behind him?

They looked seriously SCARED!

:scared:

They ought to be, 'cause I think after this whole shithouse collapses, they may very well be hunted down, whether they're still here or in Paraguay.

Ah, yes, I've been caught daydreaming again...

[Warpy]

12. I keep thinking they're going to have to take Blackwater with them

to provide security because the people in this country, when the true cost of the last 27 years of conservative ineptitude become known, will start sending Iraq vets after them.

Dickie will be in Dubai, back officially running Halliburton instead of doing it unofficially from his bunker.

[AnneD]

11. This is something that the GOP never understand....

The jobs numbers are sweet little lies they are telling themselves. The gap in income is not a lie.

Here's a stone that will kill 2 birds. Instead of giving folks a one time check that is worthless-how about giving folks good paying jobs repairing our infrastructure. It needs to be done anyway. Lets get our asses out of Iraq-raise taxes and earmark the money for repair. We need to get it done anyway and now is as good a time as any. Folks will have real money in their pocket and we will have something to show for our money.

Oh, wait....we have GOP and GOP LITE leadership....never mind.

[bluestateguy]

3. What about a "chicken in every pot"?

nt

[TalkingDog]

5. Which one? Chicken Cheney, Chicken Bush or one of the other

Chicken Hawks destroying our country right now?

I don't need 'em in a pot. A jail cell would do quite nicely.

My Favorite Master Artist: Karen Parker GhostWoman Studios

[SlowDownFast]

6. I'm using it to buy bulk food and ammo.

Either that or I'll buy some more puts on sub-prime banks, so I can buy even MORE food and ammo.

Oh, the irony.

[screembloodymurder]

8. If the shit hits the fan, the ammo will be worth it's weight in gold.

Cabelas has 12 ga shells for $54/case.

[SlowDownFast]

9. www.midwayusa.com

They have good deals, too.

I have the new Cabela's shooting/reloading catalog and have looked online, and I'm not seeing what you're talking about? Buckshot, steelshot, leadshot? 12 or 20 gauge? What brand? How many to a 'case'(usually 10 boxes of 25)? Link? PM me.

I hate Walmart, but they do have about the cheapest ammo out there. I just picked up 100 12g rds (#4 lead for home protection - I only hunt with steel shot) for $55 there, along with 80 rds of 30-06 and .308's (favorites where I live, plus I own the firearms) and I'm just getting started.

What a riot. Economy Forum has degraded into where to buy cheap ammo.

Sign of the times.

[Name removed]

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