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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:21 PM
Original message
Are DUer's hoping for an economic collapse? no. however...
It's a double edged sword for me.

I don't want the economy to fall apart anymore than the next person however, I am torn by the fact that clinton left us with a strong economy only for moron* to destroy it.

So as hard as this is for me to say it, I don't want it to collapse, but if it does and it better be in a big way, I want all the history books, all the news reports, all the word of mouth yammering to point all the reasons and causes right at moron*.

I see my 401K vanishing before my eyes. I see the price of eggs, milk and bread going up. I see the concept of enjoying a nights meal out with my wife as now a thing of the past.

Cities and towns are hitting budget shortfalls. For sale signs now dot my neighborhood. the rich get bailed out while the rest of us get screwed.

My biggest fear is moron* will once again slime his way out of all of this with help by his daddy, or saudi lovers. Much like his 4 failed business's.

I don't hope for the economy to fail, but hell if it does, it better be spectacular and hung around morons* neck.
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:24 PM
Response to Original message
1. I think its well past the time
where some magical conservative wand can be waved to save bush from having this be "his" economy just like the war is "his." He and his fellow conservatives are total fucking failures. Hell! Thats how they got elected. They told the limbaugh trained lemmings that government does not work, put us in charge and we will prove. THAT mission has been accomplished. Mr Hoover make room in your chapter in our history books for a fellow republican traveler.
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 04:43 PM
Response to Reply #1
11. Bumper sticker idea...
Republicans:
We tried it your way.
It didn't work.
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Xenotime Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:24 PM
Response to Original message
2. I hoping it will just so we can get something new out of it...
This one has favored the rich for too long. We need something where people are equal.
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BadgerLaw2010 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:39 PM
Response to Reply #2
5. Rich tend not to suffer that much in recessions or depressions.
If you have major equity, you can survive anything. Most truly wealthy people have said equity. They owe little or nothing, own their homes outright, and have large passive income, and they are usually highly diversified in both asset class and within those asset classes. These people will be hurt, but they would be the last to be destroyed unless they were highly leveraged (which most are not.)

The people who get hurt are (a) the little guy and (b) the highly leveraged members of the upper middle class who had to have that McMansion and the two BMW's on the $80K income.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:41 PM
Response to Reply #2
6. You should be aware that it was still the rich who benefited from
the Great Depression. Read Naomi Klein's book.
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guitar man Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:31 PM
Response to Original message
3. I don't want to see it collapse
I have a 2 year old daughter and taking care of her is getting more difficult by the minute. I want to see it repaired, properly and as soon as possible, but....

If the solutions are to put another "band-aid" on it, or, collapse and rebuild it from th ground up, I'd just as soon it collapses on *moron's watch. If we have a Dem in office come January and it tanks 5 minutes into his/her watch, it will forever be burned into the minds of the troglodytes that "Bu$h* had the economy going just fine until <insert dem> fucked it up".

Gawd knows there are enough knuclke draggers that STILL blame every bad thing that happens on the Clenis at this late date....:eyes:
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:33 PM
Response to Original message
4. The economy started to fail as soon as that stupid man
squandered the surplus gained from robbing 40% of our OASDI payments by cutting taxes on the rich and corporate. After that, the game was largely over.

They hoped they could keep the whole house of cards standing by offering easy credit so that the Fed could trigger the collapse on a Democrat's time.

I don't want this economy to fall, but it fell a long time ago for most of us who work for a living. Most of us are now paying so much of our income to service the debt we already have that we can't possibly take on more without a substantial rise in income, something the GOP will never allow.

If it falls, as it seems fated to do, let it fall on THEM. I want people to know which party to blame, which party is totally out of ideas, which party doesn't give a flying fuck about this country or the people who live in it.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:42 PM
Response to Reply #4
7. If people haven't figured out which party that is by now, they never will.
The prosperous Clinton years were according to the pukes a result of reagan's trickle down economics. They won't let these bu$h recessions be hung around the gop party.
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CJCRANE Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:47 PM
Response to Original message
8. Best case scenario is for the economy
Edited on Mon Mar-24-08 12:48 PM by CJCRANE
to hold out until October...then just as things are about to collapse a Democrat is elected and the world stock markets rally.
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selador Donating Member (706 posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Original message
9. vanishing?
"I see my 401K vanishing before my eyes"

i'd be interested to know what your asset allocation is, then.

vanishing?

you are seriously in the wrong investments, if that's the case.

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avenger64 Donating Member (554 posts) Send PM | Profile | Ignore Mon Mar-24-08 12:56 PM
Response to Original message
10. September.
I've read some prognostications that say September is when the real inflationary spikes will take place as a result of these 'bailouts', that are no more than printing new money. Bush has been lying the whole way about the economy, repeatedly saying that it was 'strong in the fundamentals'. The fact is, it's been running on debt the whole way, at every level (consumer, corporate federal), and now the bills are coming due. No wonder Bush is moving to Paraguay. When people figure out what he's done, I think that they'll be in the mood to burn somebody at the stake.
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