» Wheel & Tire Center

» Sponsors
» Sponsors
Go Back   Benzworld.org - Mercedes-Benz Discussion Forum
Register Home Forum Photo Gallery eBay Marketplace Active Topics Blogs Search Today's Posts Mark Forums Read

Please Visit our Site Sponsors

BenzWorld.org is the premier Mercedes-Benz Forum on the internet. Registered Users do not see the above ads.
View Single Post
Old 10-22-2007, 12:31 PM   #3 (permalink)
mcbear
Mgr., Marg. Mead Taproom
 
mcbear's Avatar
 
Date registered: Apr 2004
Vehicle: E500Es
Location: The BlueGrass State
Posts: 25,826
Lifetime Premium Member
Send a message via AIM to mcbear
For the first six years of the Bush Administration the Economic model was Free Market, damn the consequences. Now that we have the consequences we have an administration that is pouring our grandchildren's tax dollars in to the bucket as security bailouts for those "free market" excesses.

So we are changing from an abridged Free Market model which did not work [except for global corporations and stock market] to one of nanny state bailout for the global financial sector that failed to use sound economic principles when shooting up for the Ditech High. The rehab and withdrawal afterwards is a real bitch.

And it is going to cost at least $2Trillion before it is over [we are already 30% there]. There are at least two more quarters to sort through.
__________________
McBear,
Kentucky

Believe in something, even if it's wrong! Believe in it!" -- Glen Beck, FoxNews 03.13.09
mcbear is offline   Reply With Quote
 
Powered by vBadvanced CMPS v3.1.0

All times are GMT -7. The time now is 02:59 AM.


Powered by vBulletin® Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.