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KlatooBNikto Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:02 AM
Original message
A new Domino Theory.
Edited on Mon Mar-21-05 08:04 AM by KlatooBNikto
The old Domino Theory used to justify the Vietnam War claimed that if we lost Vietnam to the Communists, all of Asia will fall, one by one like Dominos.

I believe a variant of that same Domino Theory might be operative in our domestic economy thanks to Bush's War in the Middle East.

As another thread this morning makes it clear that Bush's unseen hand is killing off demand for GM and Ford's big gas hogs.That spells big trouble for the corporations and the thousands of suppliers scattered throughout the country.If that wave of bankrupticies and loss of jobs trickles down, the housing industry will also be hit by loss of resale values, entire communities may be at risk.This is the new domino theory that Bush has unleashed. Better strap on your seat belts.The ride is going to be harsh. And make sure your social security checks are not in danger from the Bush gang that can screw up a wet dream.
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:05 AM
Response to Original message
1. You have a point. I remember hearing that the auto industry is the
driving force (excuse the pun) of the American economy. Neuter that, and watch the ripples throughout the rest of the economy.
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:34 AM
Response to Reply #1
5. Yeah but we are going to have to get off cars at some point
I mean the current way of 2 cars in every garage cannot go on forever. So we'll have to figure out something to help these workers and companies transition to something else (maybe, just maybe, public transportation will be a growth industry).

Bryant
Check it out --> http://politicalcomment.blogspot.com
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Spinzonner Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:07 AM
Response to Original message
2. Remember the Chrysler bailout ?

Some entities are too big to (let) fail.

And there's the matter of its pension plans that would throw the Pension Benefit Guaranty Corporation into bankruptcy itself.
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KlatooBNikto Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:11 AM
Response to Reply #2
3. The Bush Family seems to have a well developed genetic predisposition
to massive bankruptcies what with Papa Bush presiding over the Savings & Loan swindle and scandal with little Bangkok Neil doing his part with the Silverado loan scandal.Gee Dubya ,of course, has done his share with Arbusto and Harken not to mention pulling the levers for his Enron buddy Kennyboy Lay.
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-05 08:34 AM
Response to Original message
4. As depressing as your post is...
"screw up a wet dream"? That's hysterical. Thanks, that handed me a laugh when I didn't think I'd ever be able to manage that again.
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