Letters to the Editor
aveutter
Published Letters: 198 Editor's Choice: 32
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Suicide is painless (lyrics from Mash)
[Read the article: Are we in a recession or not?]
[Read more letters about this article: Here]If the economy was slowing down, wouldn't you expect bargain-basement outlets like Wal-mart and CostCo to do relatively well? That line is perfect. What sort of economy depends on consumer spending to make the numbers? And if fewer people are shopping at Nordstroms, and more people are shopping at Walmart, what does that say? Consumer spending is up, because people pay for more gasoline, (and everything else).
Since there are no jobs, other than US government jobs, and their contractors, there is no possiblity of a recession. An economic downturn by their standards would be happening on the dark side of the moon. So who cares? and that's the real issue here, who cares?. Wall Street still has money flowing into their hands, boatloads of dollars created during the era of monetary excess.
The real issue for them, is what happens when the Fed decides to mop up that extra cash? The financial people, (all that's left of the capitalistic society) may lose their bonuses, but the pension funds for everyone else will disappear.
The baby boomers will be too old to make more money, and too poor to live their retirement dreams, and too old to take to the streets like they did in the 60's. But who ever protested economic policy, other than French students?
Well there is a new generation of college kids, most who have paid dearly for college educations they cannot use. Maybe they'll take up the cause.
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Bush and the Recession
[Read the article: Are we in a recession or not?]
[Read more letters about this article: Here]George Bush started with a recession, 2000, and will probably go out with something much worse. What sort of stewardship is that? The Dow Jones didn't go above the level it was when he took office until 2003. He has the worst job creation record of any President. I don't want to bash Bush, but let's give credit where credits due.
As I recall Bush offered the corporate model of governance as his political road map. If that were the case he would have been fired long ago, but the man tells more lies than he can remember.
As celebrities go, Bush reminds me of OJ Simpson, he has convinced himself he is absolved of all wrong doing. I suppose I shouldn't be surprised at people who defend him. To them I offer this thought, wait until he gets out of office and listen to the things he says. You will be utterly demoralized by what he is saying.
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Oh Come on, they thought they were going to win
[Read the article: Was Hillary channeling George Wallace?]
[Read more letters about this article: Here]They thought they were going to win, and so they moved to the middle. This was what went wrong in 2000, and it was all set to go wrong in 2008. Can't win the election without those Nascar dads, no sir. Sorry, the pandering Clintons can't get out of town, and out of the Democratic party fast enough. Et tu Joe Lieberman?
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None of this matters
[Read the article: Economics 101: Obama vs. McCain]
[Read more letters about this article: Here]Whoever is President will be faced with problems allowing only one solution, the equivalent of an economic 9/11. Not to say that the post 9/11 world had to be way it was, but considering the weakness in the political players, the woefully uneducated and reptile brained American public, and a whole stockpile of military hardware, it had to come down that way. Most of the same solutions apply to the economic challenges, we aren't going to sit on our hands the way we did in 1930. We have the printing press, and the new government/private financial (what Jim Willie calls the Mussolini Fascist Business Model) juggernaut is ready to do handstands and tricks you and I can only imagine, like freezing foreign assets, manipulating stock market indexes, the money supply, including intervening in futures markets to move commmodities (I read recently that the volume of trading in many of these commodities far exceeds the ability of the market to deliver on the contracts).
Economics is all detacted from reality, and America will not go quietly into that good night, and surrender her power as the global financial center of the world.
Or why is Goldman Sachs Obamas number one contributor?
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Dear More
[Read the article: Economics 101: Obama vs. McCain]
[Read more letters about this article: Here]According to Tarpley, Hussien was invited by Bush one to invade Kuwait, which may seem ridiculous on the surface, but recall that Hussien was also invited to invade Iran, reassured that the country would fall in a matter of days.
Secondly I think Obama can win this election without any problem, because he had defeated the most prominent threat, Hillary Clinton, in rather yeoman like fashion. In fact he has made her look pretty ridiculous. John McCain ain't seen nothin yet, but he got a small taste of it here.
On economics McCain can rest on his reputation as a member of the Keating Five.
A more interesing question might be, is there a spot on Obama ticket for Ron Paul? A cabinet position? Treasury Secretary? McCain of the earmarks, and the who's sleeping with their lobbyist scandal, and that aforementioned Savings and Loan debacle, which was incidentally the political backdrop for Iran Contra. Puhleeze, even the American people won't swallow that bullshit.
Everyone is crapping on Obama as Dukakis, well McCain is Bob Dole with a temper. Sorry the comparisons spell defeat for the Republicans, not the other way around. Obama should spend some time distancing himself from the (loser) Democrats, and he should win.
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Apply for GSE status
[Read the article: Tough times for pawnshop operators]
[Read more letters about this article: Here]Well maybe wait until one or two of the major credit card companies is given government backing.