Spokane7
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Good evening, Netizens…
I do believe David Horsey is onto something. If anyone believes Warren Buffet’s statement for a minute, that our national economy is out of the quicksand, all you have to do is drive by the local GMC dealer and peer closely into the general manager’s eyes. Failing that, try the Chrysler dealer. Now the banks are already muttering in their incomprehensible way that they need more taxpayer’s dollars.
What do we do if we do not have more money to give?
Oh, that’s right. The federal government can print more money, which we are reassured, solves the problem right away. Only a few foolhardy Americans still believe that, after watching their life savings peter away into so much fairy dust. We’re spending our grandchildren’s inheritances, perhaps even our great-grandchildren. And before the sabre rattling gets started, we cannot blame all this chaos on President Obama, because the root of this mayhem started long before he took office.
Watch where you step. There are alligators anywhere you look in the financial markets.
Dave
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lewis8457 on May 07 at 8:43 a.m.
It is almost like the powerful in this country can tell us a bold face lie and be shocked we don’t take it line and sinker.
I don’t think for a second we are out of this tailspin. Our State government has decided to raise tobacco and liquor taxes to balance the budget when in reality it will just add to the problem. As unemployment climbs we will not have money for these luxury consumables and people will stop buying them. Then what? Then the State has lost 10 fold.
Now the banks need another 34 billion to build their capitol? Where did the other 750 billion go? If they were that far in the hole how is it they can just get more and more money? While if I Joe average walk into their banks for a loan and show I loose money hand over fist with no accountability they will throw me out the door, or maybe even through the front window.
In our society we either sink or swim, those that sink are replaced with a person with another focus to get the same job done that is how we grow. Throwing money at idiots that don’t even care about there own accountability or responsibility to their country is just stupid. Instead of a being on the cutting edge moving into the future country we are going back in time to pre world war two Russia.