DISQUS

Blown Mortgage: Nothing happens until the new prez takes over. Good or bad?

  • Don · 1 year ago
    Palin? Right. What EV, dude. My dog has a higher IQ. And I see Newt is still wrapped up in the culture wars. Earth to Newt, it's not 1994 anymore.

    And Jeremy, if we would have taken that "hands off approach" we would have slipped into facism or communism.

    Some people never learn.
  • Jeremy · 1 year ago
    " Taking minimal action was how we wound up with the Great Depression, after all."
    FDR (a Democrat) just continued the "mimimal action" of Hoover (a Republican), and what FDR did was prolong the recession (see: http://newsroom.ucla.edu/portal/ucla/FDR-s-Poli...)

    FDR was lauded because he was articulate, even Republicans considered him noble. His fireside chats would lull people to put money back into a fractional reserve banking system. But for all of his speeches, America would have been better off if the government took a hands off approach.


    it looks like history is going to repeat itself again.
  • Don · 1 year ago
    First off, we can't let the car industry in this country just fade away. The Fed will probably have to sieze it and kick that toxic culture out at the top.

    I think only the bare minimum will get done. Pick up Jonathan Alter's "The Defining Moment". FDR would not sign on to anything until he came into office. Hoover hated his guts. Obama seems to be stepping aside and make Bush OWN this meltdown. BTW, Obama is reading that book right now, or re-reading it.

    I've been thinking about the date for Inauguration Day being changed by FDR. Thank God he did that. Can you imagine waiting until MARCH for the change over?? YIKES!!!
  • Constantine von Hoffman · 1 year ago
    The car industry in the country isn't going to fade away. One of the problems in this discussion is that people equate the American car industry with GM, Ford, Chrysler. Honda, Toyota and a bunch of others are all built here. If you want to argue that they're foreign owned, let me point out that so is Chrysler. Ford is actually in pretty good shape, by their own admission. What we're really dealing with here is will GM be bailed out from decades of bad business practices.
  • Union Worker · 1 year ago
    Spending the money before Obama gets his socialist paws on it is waaaay better.

    Palin / Gingrich 2012

    or

    Palin / Jindal 2012
  • Constantine von Hoffman · 1 year ago
    socialist! I love it. man that's sad when the best criticism is the use of a buzzword that didn't even mean anything during the cold war. What's next, calling Republicans' "reactionary"? Try thinking for yourself instead of repeating other people's cliches.
  • wkgstf · 1 year ago
    "And it showed us exactly what a wiener Gingrich was."

    That's funny Constantine. Calling someone a "socialist" is somehow undiginfied or unintelligent. Whereas calling someone a "wiener" is haut journalism. That's classic.
  • CollateralDamage · 1 year ago
    ok, do you prefer the word whiner?