On Mon, 15 Sep 2008 17:07:07 -0500, Nicholas
wrote:

On Mon, 15 Sep 2008 17:32:54 -0400, HK wrote:

Gunner Asch wrote:
On Mon, 15 Sep 2008 16:21:13 -0400, A Boater wrote:


"Our economy, I think still—the fundamentals of our economy are strong."
—John McCain, speaking on the morning of September 15


Right. And the check is in the mail.





Actually..it is strong.




"Actually..it is strong. "


You just gotta love these right-wing Republitards.

Reported unemployment is more than 6%. Actual unemployment is much higher.

Four million American families are losing their homes through mortgage
default.

Major financial institutions are collapsing.

Major and minor American corporations are disintegrating.

Gasoline is selling for three times what it was when Bush presumed office.

Consumer spending is way down because Americans are fearful of the future.


But, according to Herbert Hoover McCain *and* Gunner,
"...it (the economy) is strong."

The way these people *think* is along these lines:

a recession is when the other guy is out of work

a depression is when YOU are out of work

take a look at what's going on in Michigan (Detroit area) as far as
union wage cuts and employee cuts are concerned. Or the Nevada real
estate market.

They have been in the ******** for years..even before Clinton.
Rustbelt ring any bells?

Or any of the textile regions of the southeast.
That goes back to at least Carter. when shoes and textiles were
offshored.


People are hurting _badly_. Anyone who denies this is living on
another planet. And to bring it home...take a hard look at
California's economy.

I live in California.


Banks are folding, that have been in business for 100 years, and the
"leading economic indicators" on Wall Street show a house of cards
collapsing to the ground.

Greed is a terrible thing when it goes out of control.

Still, there are those who remain in denial. Stuck on Stupid. Who
think things are just fine and dandy.

Nick

I said the economy is still strong, not that everything was fine and
dandy.

The whole thing will go right into the ******** after the elections,
and then we can blame it on the Democrats, when they try to tax us
into prosperity.