The bailout for 2008 is now 1/2 of the entire US GDP:

http://bloomberg.com/apps/news?pid=2...Drk&refer=home

7.4 trillion dollars!!!!!!!

A nice present for the future generations!

The Federal Reserve in action folks. A truly independent quasi government
agency bailing out the rich folks and those in political favor.

"Charles Momsen" wrote in message
...
The bailout for 2008 is now 1/2 of the entire US GDP:

http://bloomberg.com/apps/news?pid=2...Drk&refer=home

7.4 trillion dollars!!!!!!!

A nice present for the future generations!

The Federal Reserve in action folks. A truly independent quasi government
agency bailing out the rich folks and those in political favor.




Remember about two years ago during the mid-terms how the Democrats were
raising hell about a little old 300 billion dollar projected budget deficit?
Complaining like hell about the cost of the war in Iraq?

My, how times change. Put them in charge of the purse strings and they do
what Democrats always do - spend like there's no tomorrow. And, thanks to
them, there will be no tomorrow for the next generation or two who has to
foot the bill for their gluttonous, unsustainable socialist agenda.

Wilbur Hubbard

On Mon, 24 Nov 2008 12:56:16 -0500, Wilbur Hubbard wrote:


Remember about two years ago during the mid-terms how the Democrats were
raising hell about a little old 300 billion dollar projected budget
deficit? Complaining like hell about the cost of the war in Iraq?

My, how times change. Put them in charge of the purse strings and they
do what Democrats always do - spend like there's no tomorrow. And,
thanks to them, there will be no tomorrow for the next generation or two
who has to foot the bill for their gluttonous, unsustainable socialist
agenda.

Funny, doesn't look like the Democrats to me.

http://zfacts.com/p/318.html

Looks like a Republican plan to bankrupt the country. I guess that's one
way to get a smaller government.

wrote in message
t...
On Mon, 24 Nov 2008 12:56:16 -0500, Wilbur Hubbard wrote:


Remember about two years ago during the mid-terms how the Democrats were
raising hell about a little old 300 billion dollar projected budget
deficit? Complaining like hell about the cost of the war in Iraq?

My, how times change. Put them in charge of the purse strings and they
do what Democrats always do - spend like there's no tomorrow. And,
thanks to them, there will be no tomorrow for the next generation or two
who has to foot the bill for their gluttonous, unsustainable socialist
agenda.

Funny, doesn't look like the Democrats to me.

http://zfacts.com/p/318.html

Looks like a Republican plan to bankrupt the country. I guess that's one
way to get a smaller government.

Idiot! You're clueless. You don't even know the difference between a budget
deficit and the national debt.

Wilbur Hubbard

On Mon, 24 Nov 2008 13:56:41 -0500, Wilbur Hubbard wrote:


Funny, doesn't look like the Democrats to me.

http://zfacts.com/p/318.html

Looks like a Republican plan to bankrupt the country. I guess that's
one way to get a smaller government.

Idiot! You're clueless. You don't even know the difference between a
budget deficit and the national debt.

Uh, let me take a wild guess. The national debt is the accumulation of
our budget deficits.

wrote in message
t...
On Mon, 24 Nov 2008 13:56:41 -0500, Wilbur Hubbard wrote:


Funny, doesn't look like the Democrats to me.

http://zfacts.com/p/318.html

Looks like a Republican plan to bankrupt the country. I guess that's
one way to get a smaller government.

Idiot! You're clueless. You don't even know the difference between a
budget deficit and the national debt.

Uh, let me take a wild guess. The national debt is the accumulation of
our budget deficits.

Guess again!

wrote in message
t...
On Mon, 24 Nov 2008 12:56:16 -0500, Wilbur Hubbard wrote:


Remember about two years ago during the mid-terms how the Democrats were
raising hell about a little old 300 billion dollar projected budget
deficit? Complaining like hell about the cost of the war in Iraq?

My, how times change. Put them in charge of the purse strings and they
do what Democrats always do - spend like there's no tomorrow. And,
thanks to them, there will be no tomorrow for the next generation or two
who has to foot the bill for their gluttonous, unsustainable socialist
agenda.

Funny, doesn't look like the Democrats to me.

http://zfacts.com/p/318.html

Looks like a Republican plan to bankrupt the country. I guess that's one
way to get a smaller government.


It's pretty bad now, and it's going to get worse. Check out the following.
Click on the Economic Challenges link under Last Week's Show.

http://www.cnn.com/CNN/Programs/fareed.zakaria.gps/

--
"j" ganz @@
www.sailnow.com

Charles Momsen wrote:
The bailout for 2008 is now 1/2 of the entire US GDP:

http://bloomberg.com/apps/news?pid=2...Drk&refer=home

7.4 trillion dollars!!!!!!!

A nice present for the future generations!

The Federal Reserve in action folks. A truly independent quasi government
agency bailing out the rich folks and those in political favor.



We have already lost many times that in 401k, saving accounts, and
company and public pension funds. So while large in itself, it is a drop
in the bucket relative to the problem.

"Keith nuttle" wrote in message
...
troll sh*t removed

We have already lost many times that in 401k, saving accounts, and company
and public pension funds. So while large in itself, it is a drop in the
bucket relative to the problem.


You'll only lose in a 401K if you sell or reallocate. If you can wait, the
market will come back eventually.

--
"j" ganz @@
www.sailnow.com

Capt. JG wrote:
"Keith nuttle" wrote in message
...
troll sh*t removed

We have already lost many times that in 401k, saving accounts, and company
and public pension funds. So while large in itself, it is a drop in the
bucket relative to the problem.


You'll only lose in a 401K if you sell or reallocate. If you can wait, the
market will come back eventually.

At the average rate of return of market growth for the last 40 years it
will take 10 to 15 years for a 401k to regain the 50% that was lost
since the start of this congress with pelosi "great" leadership. ie it
will have to grow 100% in 10 year. I will be dead before long before then.