Comments on: Dow Falls Below 8,000, S&P At 5-Year Low

Investors Rattled By Economy, Fate Of Big 3 Automakers; Consumer Prices Take Record Plunge

[standlee5]

Considering we kind of had an economic boom during Bush years it doesn''t seem like this is Bush''s fault. Business and the markets seemed to love Bush.

[rudy6543]

When Bush invaded Iraq he made sure that Limbaugh, Hannity and all the king''s men put out propaganda saying that gas prices were going to come way down and people would prosper and then those liberals will see. Yeah, they see alright.

[smirk5]

If anyone wants to see what pure Republican philosophy produces in terms of living conditions, just look at sub-Saharan Africa. See what kind of life nearly zero gov''t and nearly zero taxes provides to the average person in that area of the world. Non-stop continuation of Republican philosophy would take us to similar conditions eventually.

[acornmania]

One thing the Market cant handle is communism or Marxist. With Obama background we have both. Welcome to the United Socialist States of North America.

[rudy6543]

It''''s extremely difficult for the ultra-right types to see their system fail so badley....to make themselves feel better (for a while anyway) they blame the disasters of this administration on an administration this is not even in place yet.

When this administration was doing its dirty business they ignored it. Now they are saying it''''s the fault of someone else. Blindness.

Guess what....the majority of the people in this country see the truth and you loose.


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Posted by SHURCH4TRUTH at 06:18 PM

So true!! Not once, I mean not one bloody time have they ever laid the blame on Bush for even one bloody thing. NOT ONCE! Seeing him as a failure must be similar to how the Japanese felt when they discovered that their emperor wasn''t a god.

[standlee5]

Posted by andor3 at 06:20 PM : Nov 19, 2008

Dude, nobody wants a recovery more than me. I''m on the wrong side of virutally everyting. Down 50% and facing retirement shortly. It totally sucks.

[acornmania]

Enjoy it Obama Maniacs. Last 2 years of Democrat controll and now we have a Full Liberal Jimmy Carter/Clinton Administration. You voted a real loser for president. Maybe next term we can get the school janitor to run for president. Or better yet Bill Ayers could run, Obama and Bill run in the same circles, why not.

[andor3]

"Guess what....the majority of the people in this country see the truth and you loose. "

You know what is funny? In six months to a year when the recovery starts, all these Obama haters are going to claim they voted for him and knew all along he was the right person for the job.

[jon_mccain]

Well you''''re definately an obamamite and obamunism is exactly what the market is reacting to.

Posted by standlee5 at 06

BS, this market has been going south since it peaked. You want to blame someone, blame the goof that seems to be fiddling while we all burn.

[standlee5]

Posted by andor3 at 06:15 PM : Nov 19, 2008

So where and when does govt. stop growing. Politicians aren''t going to cut programs or pork we saw that in the bailout bill. They won''t do it because they won''t be the bad guy. So when is enough enough. When 30% of citizens are paying for the other 70% of citizens and non-citizens alike.

[shurch4truth]

standlee5: "obamunism is exactly what the market is reacting to."

It''s extremely difficult for the ultra-right types to see their system fail so badley....to make themselves feel better (for a while anyway) they blame the disasters of this administration on an administration this is not even in place yet.

When this administration was doing its dirty business they ignored it. Now they are saying it''s the fault of someone else. Blindness.

Guess what....the majority of the people in this country see the truth and you loose.

[andor3]

"The thing is if you kill the golden goose you don''''t hve anything. No business no govt."

There is your problem: the over-simplistic, all-or-nothing trap. Neither extreme works, and the trick is finding the middle ground. The real world economy is too complex for one line theories like "choose government or business" or "kill the golden goose."

[standlee5]

Posted by Smirk5 at 06:11 PM : Nov 19, 2008

Look I''m not a Carter hater. I actually think Carter is a fine decent man and did the best he could for country. But it''s a lean mean global world now and if America wants to compete we have to step it up and get rid of tired old models like GM has.

[rudy6543]

Absolutely. Carter pushed for alternative energy, fuel-efficient vehicles, less dependence on foreign oil, safe nuclear power. All things we are suddenly scrambling to get. Reagan chucked it all and said let business decide what is best. If we had listened to Carter instead of Reagan, we would have a strong economy and be leading the world.


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Posted by andor3 at 06:07 PM

The economy Bush is leaving behind is 100 times worse than what happened with Carter. Carter at least kept the American people in a position to keep going. Reagan came and destroyed many programs set to protect Americans.

[cariboubarbi]

If, when the "trickle" in Bush''s trickle down economics plan finally reaches you, it looks and smells like urine...........that''s because it is.

[andor3]

standlee5: "obamunism is exactly what the market is reacting to."

what you call "obamunism" is not from Obama; it is what virtually every analyst and economist is saying: restore trust. The market is actually reacting to a lack of "Obamunism" to use your words.

[standlee5]

Dude, nothing was stopping you from buying a fuel efficient vehicle. Look it''s pointless to argue philosophies. The thing is if you kill the golden goose you don''t hve anything. No business no govt. The money has to come from somewhere. If you want to the govt. to nationalize country''s assets then maybe we can meagerly share in the small bounty but we''re going to all be pretty poor.

[eskieville1]

Bush tax cuts would have been ok- except we decided to go to war and borrow the money to pay for it! We as a nation went on a borrowing spree that was unsustainable both governmentally and personally. Furthermore,we allowed some busineses to do some rather unethical things. Now the piper has to be paid.

[smirk5]

standlee5,

Carter was hit by oil prices and we were dealing with results of paying off the cost for the Vietnam war. And, go back and read his malaise speech.
http://www.rightwingnews.com/speeches/carter.php
That guy saw the future and we''d all be better off if we had listened to him. And, tell me how much debt he left compared to Reagan.

[andor3]

"So you prefer Carter/70s economics to Reagan/Bush economics."

Absolutely. Carter pushed for alternative energy, fuel-efficient vehicles, less dependence on foreign oil, safe nuclear power. All things we are suddenly scrambling to get. Reagan chucked it all and said let business decide what is best. If we had listened to Carter instead of Reagan, we would have a strong economy and be leading the world.