Ummm, it's not going into his pocket. And it's a lot more than 7K :hee:

-spence

yeah, about 20K more

just curious, wtf have the geniuses in the democratic congress been doing? Zip.

BTW - Ben aka fishweewee/poopoo predicted this all happening 9 months ago.

And Spence, you misquoted McCain, he said the fundamentals of the economy are still strong and he is correct.

I could of sworn he said "fundamentally sound". Funny how the true meaning can change when you leave one little word out of a sentence. I'm sure it was a simple oversight though.

Thats what I heard. Jimmy only hears what he wants to.

BUt I dont hear anything from washington at the moment, none of these richy, rich people want to stand up for the working stiffs like us.

I am so glad I have at least some my retirement in my mattress that's worth more than what I have left on paper at Ned's place at the moment.

Saying the fundamentals, fundamentally or what I actually said that wasn't even a quote...that the economy is sound are all exactly the same thing in essence. Not sure if your statement was unintentional or just a lie, but if the latter I know where you can get a good job.

The significant point here is that McCain is seeking to distance himself from business as usual, but in reality he's just towing the party line.

Regardless of how bad things may be, to show any lack of optimism that they regard as uniquely American, is off the table. Same thing in Iraq, hell, even McCain is quoted in the Woodward book as remarking about Iraq that "they're spinning everything" and I'd wager a months pay the real McCain (not the phony McCain we see today) actually said it.

If they had real confidence in the American system they'd be preaching more of a pragmatic approach to solving our problems.

The American economy isn't fundamentally sound, and as such one might wish to question the very measurements that the fundamentals seek to measure.

It's a good thing we have cashflow or we'd already all be fishing for bass to feed our families.

-spence

So why the hell didn't they take steps then to help soften the landing?

Instead we had denial...everything is fine...just keep shopping (which I did :hihi:)

And now we have a knee-jerk reaction where the Fed thinks they have hundreds of billions in reserve to socialize our banking system!

REALITY CHECK: THIS COUNTRY IS BROKE!

-spence

Been broke for sometime, we just keep trying to pass it on to the next generation since 'The great Communicator' bombed Russia out of cash
[IMG]file:///C:/WINNT/TEMP/moz-screenshot.jpg[/IMG][IMG]file:///C:/WINNT/TEMP/moz-screenshot-1.jpg[/IMG]

http://www.cedarcomm.com/~stevelm1/usdebt.htm

Russia was failing before Reagan, he just helped kick them over the brink, as did Pope JP2 and a good portion of Eastern Europe.

Here's the rub. The spinsters will try to talk down our debt as a percentage of GDP, but when you look at the changes in the global economy in just the last 5 years (5 years mind you) there are so many more nations competing for the business that the US had a lock on in years past.

Granted, we have the innovative spirit and a legal system that protects IP better than any...

But there's a clear and present danger to our way of life if we can't get on the toe instead of the heels of our skates.

The looming (or already here) energy crisis is only going to exacerbate the issue.

Good thing we have a lot of nukes.

-spence

Interesting and reasonably true points

And here I was hoping high oil prices would help shift that global view.

Also interesting how auto manufacturers have no plans to important their highest mpg vehicles into the US as the emission standards in 1/3 of the country won't allow it to be operated legally.

We also innovated most of these derative vehicles that have caused this current financial crisis

Just some ways I can think of where we can't seem to help ourselves

A flip, flop, aflipiity floppity...

http://www.msnbc.msn.com/id/26749280/

On one hand I applaud this, as it will piss off the base given that it's a reasonable thing to say.

That being said, it sure does sound like he's just saying what he thinks people want to hear. I hope he can explain his reversal.

-spence

To change or regulate it you have to first understand it.
I don't think either camp has that insight.

I hear Barney Frank will be holding hearings. That should help Obama.

Jim.
Republicans had both houses of Congress & Presidency and the prosecutors for the better part of six years. Tell me exactly, with all that is going on now, what they have done?