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Me too ! They gotta throw in one of those foreclosed houses and a new GMC car if they expect me to bite ! :D

Once the govt starts controlling their every move they'll probably start producting something like this in a few years - - - http://en.wikipedia.org/wiki/Image:Putin_with_his_1972_Zaporozhets.jpg Yeah thats Putin alongside it. They were designed so that you could fix them yourself. -...

"Republicans Good, Dems Bad" "Dems Good, Republicans Bad" Gotta love those true believers. Sheep for the shearing. Too dumb to see theyre always getting trimmed. - - - -

Isn't the level of stupidity of the average voter amazing ? I visited the old USSR before it fell apart. I can remember how the stores had practically nothing to buy. I remember how the Soviet citizens were very cautious about saying anything anti-govt that might be overheard. Nothing worked...

Another true believer - - - who thinks it matters whether there's a D or an R after a politician/lawyer/liars name. Though I didn't vote for the guy, I'm actually glad he'll be in office. The guy is very slick. It just might buy us a little more time to prepare - while all you guys who voted...

lrm21 - - I agree fully. (And don't have to type the details, since youve covered it well.) - - - When I first heard these proposals I thought "You gotta be kidding." What is so revolutionary about these kinds of politically motivated make work programs ? These people are pulling out the play...

I heard that this was the worst disaster to hit the planet since that big meteor hit off of Mexico and killed off all the dinosaurs. - - -

My point is that of course its all an illusion & that all 'money' is useless in an 'End of Days' scenario - - - I happen to be long on physical gold and other representative instruments for it. Its an insurance policy - - -

My point is that of course its all an illusion & that all 'money' is useless in an 'End of Days' scenario - - - I happen to be long on physical gold and other representative instruments for it. Its an insurance policy - - -

Well IMO you both make good points. In fact all 'money' is an illusion - - created out of the human need to try to capture some sense of security about the future. Real Wealth has the capacity to support x number of human lives, x number of forward days. Little pieces of paper with dead...

Buckminster Fuller the self taught genius inventor, architect (the Geodesic dome), and philosopher defined Real Wealth is that which supports x number of human lives , x number of forward days - and said that 'money' is not Wealth. - - Of course its all a rather curious illusion, and in some...

Well, a lotta these kids are going to get a real education soon . . . . . in the school of hard knocks. Damned, I sound like my hard nosed uncles when they talked to me as a kid ! (Dad wasn't a business guy. But had lots of other kinds of experience as a career soldier who had been shot at...

Surely you've heard of all those high priced toilet seats the government bought ? What youre saying makes sense . . . and that's just not the way the geniuses in govt do things - - - You see, its also the 'impression' that counts. Supplying a 'bridge loan' is one thing . . . but an outright...

bali - - Good stuff ! - - - sometimes all you can do is laugh a little to relieve the tension of it all ! :D P.S. - - For balance, I'm hoping some will post something poking fun at me and my fellow pessimists out there too.

"AP wire - - a new bill is being formulated in Congress that will get to the very heart of all the current economic problems and make the various recovery proposals obsolete. - - This bill would make it a law for China to continue to buy massive amounts of U.S. treasuries, thus providing low...

Smart Money - - I think you have stated the recovery strategy very well - - much more clearly than most of the various policy wonks on t.v. Of course, these are the two sides of the argument - - The one made by those pushing the various recovery programs, and those who think this will only be...

Thank you for a very informative post. Very interesting. The supposed purpose of a 'well rounded education' in a democracy is to continual the ongoing Conversation that makes a society examine itself and vibrant. - - Seems to me that we should encourage critical thinking and creativity from an...

Democracy is about the ongoing conversation. No conversation, and the citizenry is run over roughshod by their government. Actually, many people have been speaking about the very issues that we are dealing with as a nation for many years. (I'm sure you could find many of my friends who could...

Its easy to fix the income problem. Just make a new law instantly adding two or three zeros to everyone's income. See, - - this is damned easy. I outta run for office.

They were talking about somehow directly "doing something" to maintain housing prices. Bernanke paused a second or two after being asked the question - - he must have been thinking "I'm dealing with morons." - - and said that the government didn't have the ability to do such a thing. They seemed...