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Of course, you are correct, BUT just look at what these unions have been trying to do with Scott Walker. It's impossible to underestimate how many of the politicians have been bought and paid for by the unions.

Yep, both of you guys are spot on. Realistically, how many people are we paying for the same job? At some point, it might be 3-4 guys on the pension plus the active duty officer. Multiply that across the country and it becomes crystal clear that every other service has to be cut to the bone...

Well then that makes you a lying sack of shit... I'm supposed to be on your ignore list, fruitcake.

a brain "sturgeon". Classic. Shocked Grabass didn't correct one his fruitcake friend on that one.

Yep, fag agenda, like I said. Liberals = disenfranchised losers, sexual deviants, welfare recipients.

Right, we get that, but you're sort of missing the point. The housing bubble was engineered deliberately to "feed" Wall Street, to generate short term job growth and to "stimulate" the economy to counter-act the tech collapse and the post-911 recession. I still contend that the FR shifted...

And that is the real COST of the social safety net. Women living off of the government dole with 5 or 6 children, many of them without a father...some years later they are incarcerated, etc, etc... On the other hand, the working class family has enough of a problem just raising one child if...

More tripe. Why not address the real problem here instead of side-stepping it with this horseshit that anyone who isn't a leftist fruitcake must be anti-intellectual? I recently "did the math" on the actual cost of attending my alma mater (tuition/room/board is roughly $55,000 per year...

The only difference is the "animals" can't vote.

The fact that is omitted from most of these discussions is that Greenspan was actively encouraging the housing bubble. Following the "deflationary threat" of the tech collapse, the growth of debt needed a serious kick in the ass to get going again. Of course, with the dollar at record highs...

Maybe you missed the memo a few years ago. Any and all "practical" solutions to the debt crisis were not to be considered. But you also missed a few other salient points. ALOT of these middle class families you mention STOPPED paying the mortgage years ago, they are the middle class...

That's not the key point, but then again you are as dense as a cinder block. "Move along, nothing to see here"

This market will destroy the bulls AND the bears before much longer. Very little actual liquidity and heavily dependent upon political decisions/central bank injections. It's just a recipe for monumental whipsaw and head scratching.

Oil was becoming too problematic for the "risk on" trade. All it took was one of the Fed cronies to insinuate that the markets expectations of QE3 were too robust...just a few days after Bullet Ben didn't give the market what it wanted. Of course now the news is chasing the market and all...

No, that falls on Greenspan.

You are a legend in your own mind.

Spot on.

Of course you would. You sell cars for a living. Hence, you have to SPIN everything to make the sale. "last one in stock"..."hurry up it'll be off the lot tomorrow"...etc, etc...

What's the running tally nowadays on Ak47's shill posting history? I thought about it again the other day. It's literally a 24/7 job for the guy. Is there ever even ONE POST that is somehow unrelated to this administration?

Why do I get the feeling that Peil IS the snake oil salesman on stage telling everybody they need a Facebook account