Comments on: Done With Bad News, Here Are Four Reasons To Be Optimistic

By: Simon Templar

Simon Templar — Tue, 24 Feb 2009 21:14:53 +0000

Barbara, Now I and others are paying the price and have had our EARNED IRA's, 401K's, and homes robbed from us! Their solutions?…. more of the SAME…1.3 trillion of spending of TAXPAYER money, inteference in the markets, obscene US debt, class warfare, raising of taxes and even greater tax burden, more government regulation..and Jimmy Carter foreign policy…You think this is going to FIX Things? God help us!

By: Simon Templar

Simon Templar — Tue, 24 Feb 2009 21:13:19 +0000

Barbara…What world do you live in? You really have eaten all the revisionist crap the Left have fed you about the last eight years! No one on the media blasted the Bush Administration? Where were you all these years? First, in 2001 we were entering a recession…remember that? Do you remember the tremendous growth in stock value, jobs, home purchases during this time? Do you remember TAX Cuts that stimulated this economy and kept us out of the mess were in now? Do you remember a media that did everything in its power to both destroy that Presidency, the War on Terror, the economy, and the culture at large? Blame Obama? I certainly do blame your little Bam Bam and his Demoncrat pals…they started this mess…THEY were the ones PRESSURING BANKS TO MAKE THESE SUB PRIME MORTGAGES AND RESISTING EVERY ATTEMPT TO STOP IT FOR 15 YEARS!!!

By: Marc2679

Marc2679 — Tue, 24 Feb 2009 20:35:02 +0000

You can't get back to capitalism from nationalized banks and trillion dollar "investments ", when those investments in "infrastructure" are non-self-sustaining financial drains and subsidies that PAY COLLEGES TO INCREASE TUITION(16 BILLION IN PELL GRANTS). Wait until we cure our environmental abuses by giving our money to other countries that burn tires and dung for energy, calling it carbon credits. Call your representative government and tell them we wanted change not self destruction!!!!!!!

By: Marc2679

Marc2679 — Tue, 24 Feb 2009 19:34:32 +0000

I hate saying this, but there were and are many faithful people in Argentina before the Peron dictatorship and throughout many fallen empires that have collapsed by poor decision making. I think you will be hard pressed to find a theological scholar that thinks faith has much to do with the return of the stock market. You will likely find the opposite, espousing the virtues of poverty.
Keep looking up, but it is our god given talents that have given America the financial and physical security that we enjoy today. If we choose policy that fails to support those god given gifts, then we are taking our faith out of gods hands and putting it into the governments. We have to produce things better and more efficiently than everyone else to get the stock market and the rest of the economy back.
Keep looking up but remember, we the voters, spenders, investors, workers, employers, retirees etc. are responsible for today's lawmakers' decisions because we put them there and we are letting them change the underlying principles of this country. We are responsible for giving our children an America that is safe and free first and foremost. We are truly blessed to be in this country and you will be loved by god unconditionally. My children are also a blessing for which I must nourish the body mind and soul. I feel the same about our country.

By: Marc2679

Marc2679 — Tue, 24 Feb 2009 19:30:14 +0000

By: Kevin Nickel

Kevin Nickel — Tue, 24 Feb 2009 19:00:25 +0000

It is obvious that you lack wisdom and patience. There are those of us who have been through hell in our lives, and are still here, know and understand that when you are on your back the only way to look is up. You probably do not know this, but we live better than 99% of all the people in the world. We are in the top 1% of the wealthiest people of the world. Not of America, but of the World. Also I have faith in my God above my country. I Love my country and the freedom we have, but it is my faith that sustains me.
I hope that you can look out and see that there are others who have it much worse than us.

By: $kip

$kip — Tue, 24 Feb 2009 18:03:45 +0000

What planet were you living on for the past eight years? Nobody blasted Bush? Really? All the liberals wanted was to impeach Bush and Chaney. While I'll admit Iraq wasn't the best course for the country you have to admit that it was (is) a success, and when the dust clears we wlll have the semblance of a fledgling democracy to counter the more radical Islamic elements of the Middle East. People "lived beyond their means" because the lending institutions were free-basing with every no-doc contract. The ones that went too far out on the limb should have been allowed to fall. That is the way free enterprise works. Exactly how much government oversite is necessary in a free enterprise system? The (correct) answer is NONE. But now Obama, Pelosi and Co. are making their grande experiment in Socialism, and the results are being stated quite eloquently by the Dow. My sincere hope is that there is a political backlash in 2010 that balances out the Congress, and brings the spend-a-holics to their senses.

By: jingles

jingles — Tue, 24 Feb 2009 16:54:05 +0000

You are absolutely correct about the cliff. 40 years of irresponsible,corrupt elected officials, a now absent spending demographic, staggering derivitives market losses, printing money full speed ahead, profoundly moronic fiscal policy makers, social security/medicare crater that rivals anything on the moon…..I could go on and on, but it's pointless…

By: Marc2679

Marc2679 — Tue, 24 Feb 2009 16:25:17 +0000

Barbara, stay here and keep this debate interesting, I would hate to actually get back to work.
But I agree with Matt84. Nobody knows that Senators Frank and Meeks threatened the race card on Bush's attempts to reel in FANNY/FREDDY. So it never happened and then collapsed under the man who caved to threats of racism. –Compassionate conservatism=Slower descent into socialism.

By: GrannaG

GrannaG — Tue, 24 Feb 2009 16:12:54 +0000

Barbara, It seems that everyone is forgetting that the ALL TIME HIGH FOR THE DOW was in 2007, six years into the Bush administration. Inflation and unemployment were near all time lows, AND THE DOW REACHED IT'S ALL TIME HIGH….HMMMMM….. THEN…. the Democratic congress was elected. Look at the charts, it's astounding. I want to be hopeful, but the Obama plan just does more of what got us into trouble in the first place. I was in banking (before retirement) in the mid 90's, and we were mandated to make low income loans. THIS is where the seed was planted. This is what is coming back to haunt us today. The Bush administration tried to pull in the reins on Freddie and Fannie in '02 and '04, issueing warnings, but they went unheeded. It's time to stop the Bush bashing and look forward to serious ways to fundamentally fix the economy. I'm afraid that the current plans are fostering more government dependence.