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Personally, I have had enough of "free markets" for a lifetime. You can have what's left of it - a bankrupt nation.

What a sight that will be if the industry tumbles and millions of people lose their businesses and works because the Republicans only like bailing out banks. I want to watch this one. It would be something to behold.

Mistakes?? This is the the biggest howl I had all day. The Economist, was the first to crack the whole scam scheme, and it started with the banks creating SIVs, the mortgage lenders loaning to people without any documentation or skin in the game, the banks then collateralizing the crap with...

I agree, but a bottoming out will be very encouraging for the economy. As for how the 4.5% will be funded? Two ways: Foreign reserves and the Fed printing press (actually it is all computerized, which makes it very environmentally sound).

Then let me inform you. You sound exactly alike. "Ditto" means that the leader has spoken, and disagreement is not allowed. Listen to him sometimes. You may find him very encouraging. He too wants American industry to disappear.

In a few short years, we will see whether commonsense (Obama) does a better job the naive, totally discredited, free market ideology (Bush). I have time and patience. Look, after Bush, it doesn't take much to do better, unless the Republicans have their way and lead us into another Great...

Lots of people, who didn't participate in the silliness of the last few years, with good earning power (such as myself) and holding lots of cash, will come into the market when it looks like prices are turning around. It is an auction, and 4.5% interest may be so enticing, that it may turn the...

Airbus is kicking ass. So are all of the auto companies in Japan, Korea, and Europe that get huge subsidies from their governments. Why? Because unlike the DittoHeads here in the U.S., those people know that it is much more profitable to be the landlord than it is to be the tenant.

America went bankrupt because some naive people believed that they can open up the safe, walk away, and Limbaugh and friends will look at he goods and just leave it be. Pleeeassse ... Free Market Bush, has no clue what real life is about, and Wall Street and Big Oil just went wild, once they...

Great idea. Let's send all profits overseas - China, Japan, Middle East. Everything. And when we are totally broke, we can close up shop and move overseas where all of the wealth and industry exists. Or we can stay here, and sell burgers to each other. But we won't be able to buy any cars...

Cash is king. Some assets are probably worth investing in, others are probably headed for deeper troubles (e.g. commercial real estate). I think housing may be bottoming out here, and actually may have a reasonable year, though the heady days are over. (Overseas money has dried up).

Not if people aren't spending and there is no velocity. It can be done with little consequence, especially if the dollar is as strong as it is right now relative to other currencies. Our debtors (China, Japan, Middle East) have no where else to go, so they have to play ball and loan us money at...

Yes, the feds are doing everything they can to induce velocity, but there is no spending, because no one trusts each other. You can thank S&P and Moody for this. Credit ratings are viewed as shams nowadays. So, Obama's administration is hoping to address this by coming in as the spender of...

Yes. I think that velocity is the key. Any one of the variables can grow, but it is velocity that has the most overall effect, since it can change the fastest and grow (or as we have seen slow down) the fastest. It is the key variable. How do we know this is changing? Watch auto and housing sales.

Well I am glad that we have someone who can actually provide 100% confidence on the subject. But what happens when you disagree with Limbaugh - or is that allowed?

I am a really nice guy and I bet you are a really nice guy, when you don't get to involved with ideology and consider each situation as something new and distinct in history. I would just like you to consider that I may have a considerable amount of experience and knowledge when it comes to...

lol. Yep, the whole Eisenhower national highway network was a waste of time. Done all wrong. We should have allowed the free market to do it. Then we would have had thousands of miles of dirt roads and a lot of rich scammers. I always wondered where all of the Dittoheads hung out. I guess I...

There are two ways to spend money: Wisely and foolishly. We've had the latter for eight years. Over the next four years, we will be witnessing the former - and the effects are very healthy for people and our economy.

lol.