Politics
Out of context: Reply #6254
- Started
- Last post
- 33,773 Responses
- TheBlueOne0
Look, I love how you draw arbitrary lines. Get it clear. I am not a democrat, never have been, never will be. So stop mistaking me for one. I don't give a flying fuck about Clinton this, Bush that, I try to look at longer, deeper trends in politics, economics and society.
GR you try the little Republican dance there with the "Clinton Internet Bubble & festering and growing corporate mis-governance (Enron.." Um, a) to peg that all on Clinton is silly, and I can easily say "What about the S&L crisis under Reagen before that!" If I want to play the little left-right game you like.
Truth is, the entire financial system has been heading for collapse over the last 30 years because of dumbass policies form BOTH parties - which basically consisted of blowing up bubbles, and when one blows up, manipulate monetary policy to create a new buibble before the last one can pan out.
This last Real Estate bubble is mostly thanks to Bush's dumbass lowering of interest rates to practically zero. Once you get there you can no longer use interest rates to do anything, unless
Besides the corporate greed, government mismanagement and corruption vis-a-vis the financial sector from both parties, truth is Bush doubled down on everything to re-bubble up the economy after 9-11 with dumb ass monetary AND fiscal policies plus emptying the coffers to pay for one and possibly two useless wars. He did all this for appearances with no relation to anything in reality and wow, it blew up. Surprise. It was going to happen eventually, Bush just put the throttle down and drove it into a wall.
- + 1/2 :Ptommyo
- In general, well said. Shit, I actually agree with you.
Note: I am not an R, I am a mod/conservative.******** - woot!TheBlueOne
- What does woot mean?********
- what just happened********
- +1
designbot - woot = "Dogs and cats living together"BattleAxe
- "mass hysteria!!!"********