Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Mentioned: 0 Post(s)
Quoted: 7 Post(s)
As I have been saying, buy at 8,000.
Either I was unable to find, or Jayhawk deleted the thread "Gosh darn stock market keeps going up", probably out of sheer embarassment. In it, I was remarkably correct about the eventual fate of Bush Economics.
We are now in for a very bumpy ride. One trillion down an Iraqi rathole for nothing. A trade deficit no one did anything about for the last eight years that has showered the foreign world with US dollars, leaving what we are about to find out is very little, at home. A government ten trillion in debt, seven trillion of it ran up over the last eight years. A tax structure based on giving borrowed money to the wealthy in what is called "tax cuts", when it should be called "free money for rich bastards", that is now unavailable to help avert what is looking like, well, what shall we call it? The Second Great Depression? The Global Meltdown? This is what eight years of management of the US economy by radical free marketeers led by a drunken cowboy has led to. The words now are "catastrophe", "apocalypitic meltdown", hey, think of a few of your own. Of course, don't let it distract you from the right wing's decision that we have a much more important issue in this election: That 70's Show called the McCain Campaign wants us all to be scared because Obama has a passing acquaintance with one of the founders of the inept 70's violent protest group The Weather Underground, who Obama was obviously building bombs for when he was 8 years old. That's much more important than watching your 401k evaporate.
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.
-President Barack Obama, 1st Inaugural address
Last edited by FeelTheLove; 10-10-2008 at 06:55 AM.