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#1
posted to rec.boats
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"thunder" wrote in message ... On Tue, 10 Feb 2009 16:32:54 -0500, Eisboch wrote: Good job. You just identified the problem. The solution is not to fundamentally change the basis of our form of government or economy. I'm not calling to fundamentally change our form of government or economy, yet. But if this spirals out of control, and we end up with breadlines, I might. Something is fundamentally flawed when a few fat cats can bring down the world's economy. Business cycles are one thing, market crashes are another. It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Eisboch |
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#2
posted to rec.boats
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On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote:
It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. One thing I have learned about this country, it is incredibly resilient. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. Their lumps are considerably bigger than our lumps. |
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#3
posted to rec.boats
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On Feb 11, 3:55*am, thunder wrote:
On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote: It is a very serious aberration. *If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. *One thing I have learned about this country, it is incredibly resilient. * It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. *Their lumps are considerably bigger than our lumps. Yeah, I don't think we can afford to just sit around and do NOTHING. |
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#4
posted to rec.boats
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wrote in message ... On Feb 11, 3:55 am, thunder wrote: On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote: It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. One thing I have learned about this country, it is incredibly resilient. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. Their lumps are considerably bigger than our lumps. Yeah, I don't think we can afford to just sit around and do NOTHING. Nothing is better than the wrong thing. |
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#5
posted to rec.boats
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On Feb 11, 11:48*am, "Calif Bill" wrote:
wrote in message ... On Feb 11, 3:55 am, thunder wrote: On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote: It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. One thing I have learned about this country, it is incredibly resilient. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. Their lumps are considerably bigger than our lumps. Yeah, I don't think we can afford to just sit around and do NOTHING. Nothing is better than the wrong thing. But what if nothing IS the wrong thing? |
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#6
posted to rec.boats
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wrote in message ... On Feb 11, 11:48 am, "Calif Bill" wrote: wrote in message ... On Feb 11, 3:55 am, thunder wrote: On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote: It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. One thing I have learned about this country, it is incredibly resilient. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. Their lumps are considerably bigger than our lumps. Yeah, I don't think we can afford to just sit around and do NOTHING. Nothing is better than the wrong thing. But what if nothing IS the wrong thing? It may be a less costly wrong thing. This recession could be worse than the 1973 one, but it may be the cause of hyperinflation and total meltdown of the economic system if the government throws trillions and trillions of dollars out there by printing money and not targeting real root causes. |
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#7
posted to rec.boats
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Calif Bill wrote:
wrote in message ... On Feb 11, 11:48 am, "Calif Bill" wrote: wrote in message ... On Feb 11, 3:55 am, thunder wrote: On Tue, 10 Feb 2009 16:52:19 -0500, Eisboch wrote: It is a very serious aberration. If we can survive the ramifications and correct the loopholes that allowed them, we will be ok. Oh we'll be OK. One thing I have learned about this country, it is incredibly resilient. It's not time to over-react or allow those with a different agenda to control our destiny. We need to take our lumps, fix the problem and get on with it. Yeah but, that's a tough sell to the 1/2 million people who lost their jobs last month. Their lumps are considerably bigger than our lumps. Yeah, I don't think we can afford to just sit around and do NOTHING. Nothing is better than the wrong thing. But what if nothing IS the wrong thing? It may be a less costly wrong thing. This recession could be worse than the 1973 one, but it may be the cause of hyperinflation and total meltdown of the economic system if the government throws trillions and trillions of dollars out there by printing money and not targeting real root causes. How would you suggest "the government" target the real root cause, which is unbridled greed on the part of the very wealthy? |
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