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.

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.

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.

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?

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.

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?

"HK" wrote in message
news
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?

The real root cause is people living beyond their means. Living on credit.
Easy credit is no easy in the end. The government has encouraged the credit
life. Last stimulus was give out $300 a person and people were supposed to
spend the money. They didn't as much as the guv wanted. Savings rate
jumped top 4.5% when checks came out. The government ecouraging zero down
home loans, low income loans.