On 23/02/2010 10:01 AM, wrote:
On Mon, 22 Feb 2010 23:05:30 -0500, wrote:

On Mon, 22 Feb 2010 21:00:53 -0700,
wrote:



l

who are you talking about? brave and heroic US and Canadian troops who
are dying to protect freedom?

In no way disrespectful of the fighting men, do you think we are more
"free" than we were in 1991 when we started our middle eastern
crusade? It is clear the terrorists have won.

the NIH researchers who've discovered cures for diseases, new drugs,
etc?

Private companies do a lot more than NIH. I only have to point to the
human genome project where a private company cracked the code in
months and NIH dunced around for years on it.



and how do you measure inefficiency when capitalism itself just
dropped the US economy by hundreds of billions in the last year? was
that efficient?

Yes, the economy was an illusion and we were going to lose a couple
trillion no matter what because it simply did not exist. It was phony
profit that we traded like real money. In that sense the market is
self correcting. If anything, things like TARP are only prolonging the
misery because we still have not paid the bill. We basically just paid
off our Amex bill by charging it on the Visa.
Much like a Visa card, we don't even know what our interest rate will
be, a year down the road.
This crisis is far from being over. It is simply hidden in the debt we
keep ignoring. 10 years from now the republic could be in worse shape
than the Soviets.

Especially when you look at this chart:

http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.