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Another Pearl Harbor???
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Robert Waite Send message Joined: 23 Oct 07 Posts: 2417 Credit: 18,192,122 RAC: 59 |
That's the term being used suddenly in regard to the melt-down of U.S. financial markets. This is NOT an outside attack on the United States, it is the direct result of unregulated greed and perverse drives to accumulate vast wealth. McCain has just announced that he is suspending his campaign for president to return to Washington and work on a solution to the problem. He also stated that the campaign will remain on hold until a recovery is reached. This forces us to consider the impossible. The president has the power (through his and Cheney's legislation) to take complete control in times of national emergency, whether from outside or within the U.S. Is this the first step in the march to fascism? Will the economic crisis be the catalyst excuse for the republicans remaining in power? The next few days and weeks are as close to the "Crystal Night" as you will ever be. Pay close attention to what your leaders are doing because it may be your last chance. Just some very concerned advice from a friend and neighbor to the north. |
Jeffrey Send message Joined: 21 Nov 03 Posts: 4793 Credit: 26,029 RAC: 0 |
"One way or another, Obama will not win!" ~Neo Con... ;) If ya'll haven't figured out by now that these folks aren't christian, they aren't conservative, and that dirty pool is their game... Then you're either one of 'em, or you're blind as a bat, or you're dumb as a rock... 'cause yea, it's really that obvious! It may not be 1984 but George Orwell sure did see the future . . . |
Aristoteles Doukas Send message Joined: 11 Apr 08 Posts: 1091 Credit: 2,140,913 RAC: 0 |
neo con is still just a con |
peanut Send message Joined: 1 Feb 07 Posts: 372 Credit: 1,951,576 RAC: 0 |
Why isn't Bush declaring War on Wall Street Terrorists? Where is the Patriot Act that strips Wall Street of all its freedoms? Wall Street is doing more damage to the USA than the collapse of the Twin Towers did. Bush has raped the Constitution over 911 why does he want to pay the terrorists on Wall Street? Unlike Pearl Harbor, most in the USA don't seem to be rallying behind Bush like they did behind FDR. Thank God for that. Bush lied about Iraq WMD, why should we believe anything he and his admin say now. I hope Congress takes their good sweet time on any bailout. Hopefully, they nix the whole rotten idea. |
fpiaw Send message Joined: 29 Dec 99 Posts: 236 Credit: 1,203,409 RAC: 0 |
I agree it is caused by unregulated greed. But lets not just blame the big corps in America. Regular Americans purchased houses on interest only loans that they knew they could not payback. I mean if you make 30k a year you can not by a 500k house ... trust me I know. But because people were taking these loans the only homes that builders built were 500k homes. Just think about where this left the people who didn't take the loans. Prices went into space. When this is all said and done housing prices have to come back down to 100k to 150k and the value of the dollar has to be around one to one with the euro. There is no way out of this mess without pain. Banks will go under and larger builders will go out of business. It is a cycle and this one will hurt. I personally feel the more we try to prop up the prices or stop this downfall the harder the fall will be. And on an outside chance lets not rule out a real pearl harbor. If we go down hard China and yes even Russia or a few small south American countries might take a chance. Maybe not against us, but against other countries knowing we can not stop them. With an economic crisis and being stuck in Iraq they have to know our hands are bound. Chris. That's the term being used suddenly in regard to the melt-down of U.S. financial markets. |
fpiaw Send message Joined: 29 Dec 99 Posts: 236 Credit: 1,203,409 RAC: 0 |
I love this quote. You should write for the daily show. Chris. Why isn't Bush declaring War on Wall Street Terrorists? Where is the Patriot Act that strips Wall Street of all its freedoms? |
Rush Send message Joined: 3 Apr 99 Posts: 3131 Credit: 302,569 RAC: 0 |
That's the term being used suddenly in regard to the melt-down of U.S. financial markets. Of course, that's simply untrue, it is the regulation that drove the bubble. Because A) there were federal guarantees of securities that should never have been rated AAA because they contained subprime mortgage investment vehicles, B) because there should never have been a FNMA or a FHMC that skewed home ownership higher than it would normally have been, and C) because there should never have been federal pressure to give loans to people who otherwise wouldn't have qualified for one. Is this the first step in the march to fascism? No. But even if it were, you can't have fascism (almost meaningless as you use it) without MORE gov't force. And you seem to LOVE taking money and power from individuals and giving it to extremely powerful politicians in Washington. Will the economic crisis be the catalyst excuse for the republicans remaining in power? No. Because the voters will vote however they wish, as they see fit. The next few days and weeks are as close to the "Crystal Night" as you will ever be. What the hell does that even mean? You figure the Nazis are going to use the loss of Lehman Brothers to seize power in the United States and then run around breaking windows of the Jewish owned businesses? Forgive me if that seems really far fetched. Pay close attention to what your leaders are doing because it may be your last chance. Wait. You LOVE gov't. You always advocate for MORE gov't. Shouldn't you be thrilled that the gov't is "saving us" to the tune of over a TRILLION dollars? Cordially, Rush elrushbo2@theobviousgmail.com Remove the obvious... |
Rush Send message Joined: 3 Apr 99 Posts: 3131 Credit: 302,569 RAC: 0 |
I agree it is caused by unregulated greed. Then you would be wrong because it is not "unregulated greed," for people wanting to own their own homes and not paying rent for their entire lives. But lets not just blame the big corps in America. >snip< I personally feel the more we try to prop up the prices or stop this downfall the harder the fall will be. Exactly. Use gov't regulation to create artificial upward pressure on prices and eventually those prices will fall, hard. They should. Freddie and Fannie should be destroyed and just let the rest of them just fail. Cordially, Rush elrushbo2@theobviousgmail.com Remove the obvious... |
Dr. C.E.T.I. Send message Joined: 29 Feb 00 Posts: 16019 Credit: 794,685 RAC: 0 |
. . . Robert - listen to this Song by some Friends in Los Angeles, CA > ROCK OBAMA.mp3 That's the term being used suddenly in regard to the melt-down of U.S. financial markets. BOINC Wiki . . . Science Status Page . . . |
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