InvestorsHub Logo
Followers 5
Posts 2693
Boards Moderated 0
Alias Born 11/28/2002

Re: michael03332002 post# 62971

Saturday, 10/25/2008 3:29:42 PM

Saturday, October 25, 2008 3:29:42 PM

Post# of 385002
dood, if u think you're gonna get any significant tax cuts from mccain, you're dreaming. GOP is just as bad as Democrats, as the last 8 years have proved. smaller gov would be great. however, the gov has let things go awry, and no entity is big enuf to fix it but the government. the alternative is economic collapse, massive unemployment, economic stagnation. that doesn't hurt just the wrongdoers, it hurts everyone.

if you accept that a depression is not a valid option, then the only alternative is massive government intervention. paulson and others have been dragged kicking and screaming to that realization.

if we're in for big gov anyway, who is the one who is going to do it right, to jump-start the economy? mccain's ideas have been tried and failed. his solution is to prop up the housing market! all principles aside, i don't see how he is proposing anything that will work. and even if he had an idea, i don't see how he can get it passed and make it work; he doesn't have the popular or congressional support.

and yeah, i think the most liberal member of congress would be a great breath of fresh air, after the most conservative administration in history. i'm sick of the federal government promoting the agenda of the religious right. that's not conservative, in the libertarian sense. just the opposite.

oh, and yes, joe biden in a modest lifestyle. lets remember that the guy is in his 60s and he's living in the DC metro area. you have to adjust your standards by cost of living. why, how much do you think a senator earns? well, i guess its millions if you marry a rich beer heiress and publish 5 biographies.

---

regarding your question about tenure of blame cast on the bush administration: this can truly go on for a very very long time. unfortunately for us, as a nation, the bush administration has massively reorganized governmental agencies and has been very secretive. the expose's can continue for months or years.

at least during the next few years, bush and hoover will compete for the bottom of the list of best american presidents. he will be a dumping ground and catch-all to explain everything that's bad about government and policy.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SPY News