tag:blogger.com,1999:blog-7370534.post1471382602385780399..comments2023-10-31T04:37:20.113-07:00Comments on Bloviating Zeppelin: Self-Fulfilling Prophecy?Bloviating Zeppelinhttp://www.blogger.com/profile/01359816456769157176noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7370534.post-53166386810087545012008-07-16T16:35:00.000-07:002008-07-16T16:35:00.000-07:00a lot of countries bought up the US in the 80's in...a lot of countries bought up the US in the 80's including Great Britain and many of our other allieselmers brotherhttps://www.blogger.com/profile/03382038085149828957noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-5565975504393704922008-07-15T08:36:00.000-07:002008-07-15T08:36:00.000-07:00$100K for me is Fairy Dreams anyway. I don't even...$100K for me is Fairy Dreams anyway. I don't even REMOTELY have that much in my credit union, savings and checking COMBINED.<BR/><BR/>BZBloviating Zeppelinhttps://www.blogger.com/profile/01359816456769157176noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-50568945845369475862008-07-15T07:11:00.000-07:002008-07-15T07:11:00.000-07:00"arguments for another Times of '29. And yes, it t..."arguments for another Times of '29. And yes, it took MORE than 10 years to recover"<BR/><BR/>And the recovery was due to our ability to make and sell goods (mostly military) overseas. The New Deal was responsible for the recession of 37-39.What truely lifted us out of the recession was the war. <BR/><BR/>BZ<BR/>I agree with you that the direction the country is unclear but it sure looks like nowhere good.<BR/><BR/>I cannot understand why people were standing in line to remove cash from accounts that are guaranteed to $100k. If they no longer trust the bank go to one they trust and open an account and have them move it electronically.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7370534.post-35622728785351326962008-07-15T06:54:00.000-07:002008-07-15T06:54:00.000-07:00I don't know where "we" are going either BZ... but...I don't know where "we" are going either BZ... but as for me, I'm going to buy more ammunition - and another gun.Gaylehttps://www.blogger.com/profile/02540710405153666843noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-72821327275835352032008-07-15T06:11:00.000-07:002008-07-15T06:11:00.000-07:00All excellent points. For the first time in a LON...All excellent points. For the first time in a LONG time, I am precisely unsure of where we are going as a nation. I used to have a fairly good grasp of what I believed would be our path, and I was proven generally correct. But now? I really have no idea; I can make arguments for soldiering on, and arguments for another Times of '29. And yes, it took MORE than 10 years to recover. . .<BR/><BR/>BZBloviating Zeppelinhttps://www.blogger.com/profile/01359816456769157176noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-36358091825942208872008-07-15T05:30:00.000-07:002008-07-15T05:30:00.000-07:00The difference between the 1927-33 market loss and...The difference between the 1927-33 market loss and today? The government is <A HREF="http://ajacksonian.blogspot.com/2008/07/failings-of-bailings.html" REL="nofollow">in charge of this one</A> with its involvement in backing mortgages. <BR/><BR/>Hey! Good going!<BR/><BR/>At least by 1937 <A HREF="http://thejacksonianparty.blogspot.com/2007/09/insurance-assurance-and-prosperity.html" REL="nofollow">the upturn had already happened</A>. And is now cited as being *slowed* by government intervention and regulation, to the point of causing the recession of 1937-39. This time it will be so much better with government leading the way down... oh, and we are still paying off the S&L problem as that was put into the federal debt structure.<BR/><BR/>Can we find a President who will seek to get this privatized?<BR/><BR/>Please?<BR/><BR/>You know, the small government deal? Just say 'NO' to federal involvement?<BR/><BR/>Because this time the government is the *source* of the problem.A Jacksonianhttps://www.blogger.com/profile/07607888697879327120noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-84617660368656717532008-07-14T22:19:00.000-07:002008-07-14T22:19:00.000-07:00Congress has been under Demorat control for the pa...Congress has been under Demorat control for the past 2 years. Prior to that where was the economy? self fulfilling prophecy indeed.<BR/><BR/>We talked about an economic collapse if the Dems took over both houses. They did and rather than working to solve some problems they wasted time on "impeachment" "Ending the unjust war in Iraq" and "Protecting the environment" all of those smoke screen issues allowed the economy to creep up and bite us.Bushwackhttps://www.blogger.com/profile/04526043643313096753noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-36727488491307697012008-07-14T19:30:00.000-07:002008-07-14T19:30:00.000-07:00you're FAR more optimistic than I am, but I will s...you're FAR more optimistic than I am, but I will say I 'credit' MOST of this horrible economy to the leftwing media. <BR/>For MONTHS now, we've heard how well things are doing..<BR/>"....BUT.." it's that BUT they have to include that killed confidence.<BR/>I'm simplistic here, I know, but when I'd listen to radio comments like the above and right away think "Wow, that's not a healthy attitude....why the negativity when the story was a GOOD ONE?" you KNOW something was up.<BR/><BR/>Some say they've been doing this to show we can't have another Republican in the WH, but they're risking a slump we might never recover from. Just for an election of a liberal.<BR/><BR/>No surprise, huh? He'll just seal the deal on ruining America for the final time, anyway.Zhttps://www.blogger.com/profile/15989573357446569262noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-82681449412538655932008-07-14T19:27:00.000-07:002008-07-14T19:27:00.000-07:00I am trying to put my head in the sand on this one...I am trying to put my head in the sand on this one. There isn't much we can do to prepare at this point. Other than, as you suggested, arming ourselves. So I am hoping a crash doesn't happen and I will hold my breath and hope this storm passes.Rivkahttps://www.blogger.com/profile/17074803139812941783noreply@blogger.comtag:blogger.com,1999:blog-7370534.post-36369479420549424452008-07-14T18:57:00.000-07:002008-07-14T18:57:00.000-07:00Either self-fulfilling or not this is a bad deal n...Either self-fulfilling or not this is a bad deal no matter, the stupid government bailing out bad, poorly managed businesses,is just plain stupid. here's a situation that should have never happened. bailing out failed businesses is NOT going to inspire any confidence at all on wall st. sorry, that is nothing but yet another huge waste of taxpayer money that will not give the desired effect. investors are not going to invest in bad business. regulators should have slapped the hands years ago, when all these lenders were lending money, sub prime, no less, to high risk customers. where is this going to end? this government bailing out bad business? should taxpayers bail out all bad investments everywhere, in every circumstance? every failed restaurant, every failed bank, should there be NO incentive to conduct business responsibly? do whatever, the government will bail you out whenever you f--k up?<BR/> the US is going down, and it's due to lack of interest, that's right folks, sheer apathy. nobody gives a rats ass about anything here. no moral judgment in anything, business, teaching, no respect for families, children are used like cheap furniture, and even worse, and somehow government is supposed to be our savior. just why should investors NOT run on US markets? just WHY should investors NOT be REAL concerned about their investments? any ideas?Markhttps://www.blogger.com/profile/14771645943793084344noreply@blogger.com