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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:42 AM
Original message
O, What A Mess !
Edited on Fri Nov-14-08 11:47 AM by kentuck
Bush and his supporters have left to clean up.

There was no limit to how much debt we could accrue without suffering the consequences. It was capitalism run amuck. It was "pre-emptive invasions". It was "extraordinary renditions". It was torture. It was spying and eavesdropping and total disregard for our laws and our Constitution. It was a backhand to the Geneva Convention. It was war and nationalism - with us or against us. And now, the piper is knocking on the door.

But do not expect them to accept responsibility. That is not part of their repertoire. They are already blaming the upcoming recession/depression on Barack Obama, who has not even been sworn in yet. This is November, 2008 and the latest unemployment numbers show more than 500,000 lost their jobs this month. Where to start??
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Redstone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:46 AM
Response to Original message
1. O, What a Great Post! You summed it up concisely and perfectly.
Redstone
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:48 AM
Response to Original message
2. it is a mess, and one man cannot clean up this mess quickly.
this is a crisis, and it is rippling through to other countries, damn george bush and his cronies.
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Blue Diadem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:49 AM
Response to Original message
3. It's going to get worse too.
I was just reading about the credit card debt and a projection that it will hit the fan sometime early next year.

I ran across a chart in a Time Magazine my daughter picked up. The source of the chart came from Innovest. It's figure 2 on innovestgroups page.

http://www.innovestgroup.com/index.php?option=com_content&task=view&id=193&Itemid=61
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:54 AM
Response to Reply #3
5. I would prefer bailing out the Big Three....
than these scumbags that have destroyed so many families and lives with their interest rates of 27% and higher. Most folks could get better rates at their local hock shops.
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Blue Diadem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 01:10 PM
Response to Reply #5
6. I would too. IMO, the Big 3's still the backbone of our country.
I do think the bailout for them should have strings attached, especially in light of what's gone on with the AIG bailout.

I can't imagine what CC companies and mortgages lenders of ARM's were thinking with raising interest to beyond ridiculous rates other than pure greed. Did it not occur to them that they were destroying their own businesses as well as people's lives and creating massive economic problems?



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Kokonoe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 11:53 AM
Response to Original message
4. Just remember it is trust.
McBush thinks he's stolen our trust and so are money.

When we believe the America's dollar, the Bush funds are worthless.
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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 01:51 PM
Response to Original message
7. Didn't you hear?...."Deficits don't matter, Reagan proved that"
Just ask Cheney.....
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 01:52 PM
Response to Original message
8. all this with virtually NO ACCOUNTABLITY... then or now
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