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All getting so depression. I doubt there is a single

Posted By: honest politican nowadays, including Obama.nm on 2008-12-10
In Reply to: James Montgomery, Esq. is holding a press - Backwards typist

nm


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Actually, it might very likely to into depression anyway,
is not so all-powerful that they can put the brakes on something that has taken on a life of its own. Unless the cogs that drive this economy are retooled (and that would mean the way banks operate, loans are made, homes are bought and sold, and priced, stocks are valued and invested in, yet), American workers/investors are going to come up with more realistic and less-speculative ways to make their money work for THEM, and not just some rich guy sitting on his 40-foot yacht.
If a depression is what you want...YES.

Obama is your man.


Oh, no ...DEPRESSION is exactly what we are
nm
I believe we will go into a depression

regardless of which idea they go with.  I really don't think there is anyway out of this. 


You know what really bugs me....and this is kind along the lines of the topic of equal pay........


If a caucasian male is making more money for doing the same job as an african american, by law the african american has the right to sue for legal pay.  I'm cool with that.  If you do the same job and think you deserve the same pay....more power to you.  If an african american is making more money for doing the same job as a caucasian, the caucasian has no legal rights to sue for equal pay.  I'm sorry, but that doesn't sound equal to me.


can you spell depression?
x
And you don't think this recession (soon to be depression)...(sm)

has anything to do with it?  Hey, that's what republicans want, big business to grow fast--no regulation--me, me, me...


How about all those families that are going to suffer from this.  Did they ask for it too?


Yes, I think there is a depression coming if it isn't already here. sm
I live in Michigan, on the west side of the state, but nonetheless in Michigan. We are so tied up in the auto industry that if the Big 3 crash and burn, Michigan may well just cease to exist. We have had 3 auto parts plants close down, Steelcase and Herman Miller are cutting jobs, because people are not hiring, so why make all that office furniture. There is nothing incoming to help take up the slack. Then, I heard on the news this morning that the city of Detroit has now appealed to the feds for help to bail it out. Detroit IS big 3 auto country. If Detroit tanks, so goes the rest of the state. Kwame Kilpatrick fallout not withstanding.

I like to think that as long as people get sick, I will have a job because I do acute care. And we all know that there are people who use the ED as a PCP. Hopefully my doctor in AZ can help me out, but he is a specialist, so who knows.

My 403(b) has lost half of what it used to be, and then I hear that they have suspended the sales of MRE's. But I think that is just over-excitable hype.

However....I have a feeling that the "Great Depression" 2008 style is coming. I don't think the "End Times" is coming, but something has to give or the United States of America will become another third world country.
Michigan is in a depression.
I was born and raised in Michigan.  Your state has been hit hard.  I live in the Northwest and in my neighborhood, I have 8 new families who have moved in and guess where they are from?  Michigan.  A lot of my family members in Michigan believe that the Oil companies should bail out the 3 car companies, not from taxpayers money.  Family members do not seem to care if the car companies fold because they are already in worse shape.  My cousin, last family relative working for the GM, took an early retirement package given to him 2-3 weeks BEFORE the financial crisis hit US.  He was very lucky.  I have family members considering moving to the Northwest and 1 family already is here and just love it. 
depression statistics

This sounds familiar:


 


http://eh.net/Clio/Publications/unemployment.html


I meant recession, not depression. nm

I guess my depression medication
must be working because I am  happy to see in our lifetime that a woman and an African American can run for the presidency and possibly win.  Times are changing.  People are opening their eyes to a new day.  Maybe we won't see a change in the economy in the near future, but we should all do our part to at least try to put lawmakers into office who have the peoples' best interest at heart.  We pay taxes and these elected officials work for us.  We can start by putting state representatives in office who will work for us in Washington.  We voted for them and we can fire them.  They work for us.  We do have a voice.
strategies for coping with the depression

I am paying off debt.  Made my garden bigger.  Planted some fruit trees.  Stocked my pantry.  But I don't want to take in any relatives......I would rather pass out free zuchini.


If we are in a full blown depression...(sm)
then I think the number of illegals coming into the country will lessen.  If we can't offer them anything better here why would they come?  I think there will be more pressure on the ones here because they will be competing for jobs.  When Americans can't find jobs, I think they will be more likely to point out illegals or suspected illegals to lessen competition.
Another book about the Great Depression
The Forgotten Man by Amity Shlaes. I'm about halfway through it now and it's amazing - it could have been written about the last several years instead of the 1920s.
Not a single new job

(unless we are talking about hiring new staff to do all that teaching....wonder if it takes a PhD....)  And since PA is a liquor 'control state'  i.e. the State runs the whole booze operation, it's not as though the customer can go get their hard liquor from some private enterprise down the street where the help might be more knowledgeable. No matter where you buy whiskey in a control state, you are getting it from the State. 


Businesses only need to spend money on marketing and product education if they have to compete for your money. 


The people during the Great Depression were more self-sufficient that we are. sm
They could make a loaf of bread and farmed. They bartered for goods and services. They also had sound money (gold and silver) unless they left it in a bank deposit box or were duped into letting it be confiscated.

Thanks to the amended version of the Patriot Act, it is against the law to hoard food and water. Bank runs or inciting bank runs is a felony. Imagine that, it is against the law to try and protect your money. These crooks have everything covered.
Per the experts, we officially went into a depression today...nm
.
poll: how many think we are headed for another great depression
me for one
It is not HATE, it is love of country and depression
nm
Tent cities=Great Depression
Go to timesonline.co.uk and search for California tent cities. The homeless shelters there are OVERWHELMED and turn away as much as 200 people A NIGHT!!!! There are over 300 people living in one tent city ALONE! And these are not bums or derelicts, these are low to middle class income people who had been living paycheck to paycheck as most americans do, and lost their jobs and cannot find work.

Gee, and when was the last time this country saw tent cities like this? The Great Depression.


The unemployment rate in California is over 10% and has risen to 15% in some of the hardest hit states in the country. To say that this has been fabricated and that there is no crisis is just more of the republican elitist socially darwinistic pile of horse @!$%# that has been pervading the GOP.


It's time for all of you hard right conservatives to pull your head out of the sand and take a really good look at what YOUR republican president did to this country in the course of 8 years. Obama inherited one of the biggest messes in this country's history, and you are pssed off that he hasn't "fixed" it yet?!! Are you kidding!? He's been in office for not even two months. It took the Great Depression over a decade to be resolved, and your screaming over 2 MONTHS!!!!!!????


There are a lot of people hurting. And guess what, the CEO @!$%#s that helped cause the mess are laughing all the way to their bank accounts in Grand Cayman and couldn't give a @!$%# about the rest of the country. And who helped them get their egregious bonuses and compensation? Hmmmm, couldn't be the republicans that were in power for HOW LONG!!?? I'll tell you: from 1994-2006. Hmmmm, just long enough to deregulate the banks and lower the taxes on the wealthy enough to create the largest income gap in this country since the Industrial revolution.


The republicans f'd up big time. That is why they lost control. And they are continuing on that same wretched path with NO IDEAS on how to fix the mess they are mostly responsible for creating. Except tax cuts for the wealthy. The GOP mantra. It's BS and you all need to stop buying into the rhetoric.


I am hoping with all my heart that Obama is a successful president and is doing what needs to be done to rectify this nation. Yes, he may fail. That is a risk you take with ANY president. But if any of you have even half a functioning brain you would wish for success as well. His failure will mean the failure of our country. And I don't know about you, but I certainly hope I never see that day.


so every single pub voted for it and no pub

I've answered several of your questions.  Now try 2 of mine.  Did every single pub vote to pass it and did no pub receive any type of benefit from this situation? 


Yes, and EVERY SINGLE THING he did to TRY to
nm
Not a single Nay vote. He's gone and
Then they're going to vote on whether he can ever hold office in the state again.
Oh, My. I just read every single

comment on the site. I haven't seen hardly any good comments for this program. So.....


This one I copied because I thought it was very insightful:


"I’m a 25 year mortgage veteran. I just got off a 2 hour call with Fannie, Freddie and Treasury.


Trust me when I tell you that this is a complete non-starter.


The modification criteria are VOLUNTARY. There is very little in it for the banks - so they are NOT going to offer these mods. Just trust me on that.


The banks don’t have enough capital to incur the losses these modifications would require.


And the refinance component is a similar waste. If you can refinance today - then you will get ZERO benefit via this program.


At the margin, some folks who find themselves upside down (but are still current on their loan) will be able to refinance - but this is far from a pancea."


Why do you single out Muslims?
I quote from your post:

'If you go back in history, the Muslim religion has ALWAYS been a religion of violence and this has been going on since the Crusades and before.'

Who slaughtered whom during the Crusades?

Who slaughtered the Palestinians in Gaza in the year of 2008?

And there are hundreds of other examples.

It All Comes Down to ONE SINGLE THING

YOU LOST.


AMERICA WON.


STOP YER WHININ'!!!!!  


 


McCain's top economic advisor says we are in a "mental depression" sm

and additionally says that we are a nation of "whiners.' McCains top economic advisor is Phil Gramm.


How do you feel about these remarks? Additionally have you or someone you know been experiencing tough times in the last year?


Change recession to depression and I'll agree with you.
They just signed America's death warrant. 
I feel no hope, but a huge depression coming.
it is going to be a long, crazy, up and down, scary ride.  I do not see any hope, but failure for this country.  Will NEVER be the same.  You all who wanted change are going to get it.  I am not sure what change the O keeps talking about, but it does not sound good to me at all.  I want to have hope, but I cannot stand who the O picked for Chief of Staff.  Hiliary Clinton stated yesterday, IN HER OWN WORDS, were not good about him at all.  The only vocabulary that he has coming out of his mouth is 4-letter words.  He is nothing but a JERK.  So I guess that means we all can act like Rahm Emanuel and maybe we all can get somewhere in life?  I do not think so, but that is who the O picked.  I guess I should read DickMorris' book when he worked with President Clinton and Rhambo who is not very trusthworthy individual.  It seems to me is psycho.  Starting to stock up on paper products, toilet paper, paper towels and even tampons since paper products were hard to find during the depression.  If the car companies do not get bailed out, look out country.   I do have mixed feelings about bailing out car companies though.  I wish we could, but then it will be bailing them out for the next 2 years and then next in line will be airline companies.  WE DO NOT HAVE THE MONEY TO DO THIS.
Book about Great Depression, 1928 and 1929.

BOOK:  The Crisis Of The Old Order  By:  Arthur Schlesinger, Jr.


In 1928 and 1929, the nation had reached, it seemed, a permanent plateau of prosperity.  Businesses expanding.  Foreign trade growing.  The stock market was continuing to rise.  And national leadership could not now be in more expert or safer hands.  "I have no fears for the future of our country," said Herbert Hoover in his inaugural address in March 1929.  "It is bright with hope."


There remained a few discordant voices, anxious in the main over the stock market boom.  In spring 1929, Hoover summoned a special session of Congress to deal with these issues.  The session was not a success.  The Board's purpose was to control the flow of commodities to the market; one provision was to control temporary surpluses.  The session adjourned from April to November without taking action on the tariff.  Hoover wanted state public lands and reclamatin projects and related irrigation matters be withdrawn from national control and states to manage these affairs then Federal Government.  President's attitude toward utilities regulation was similar. 


Yet most Americans remained more interested in teh stock market than economic question and the few interest as now beginning to turn into concern. 


Early 1929, Federal Reserve Board under pressures of NY Federal Reserve Bank, finally consented to warn member banks that they should not lend money for speculative purposes.  But did not work.  Some argued that a restrictive policy might well induce deflation.  The board felt it created "a state of mind which breeds depression."  It was certainly true that reducing the interest rate was a clumsy way of combatting THE BOOM.  As long as the stock market offered highest returns, it was bound to have first call on funds.  Higher interest rate would have slowed down investment, cause capitalization process and bring down prices of ALL CAPITAL ASSETS and thus discourage investment.  President Hoover did nothing as he was preoccupied with his own mind and watched the Board run the course.


CHECK THIS OUT!!!  Finally by summer 1929, some danger signs were apparent, STARTLING DECLINE IN BULIDING CONTRACTS.  Residential construction for the entire year SANK.  CONSUMER SPENDING WAS SLACKENING.  By midsummer 1929, building began to fall off, wholesale commodity prices dropped.  In August, Federal Reserve Board finally agreed to raise to 6 percent. In September Stock Exchange price were at the highest.  On October 23, PRICES STARTED FALLING.  WALL STREET WAS SHAKEN.  Anxiety was suddenly infectious.  As panic spread, stocks dropped.  Hoover stated, "The fundamental business of the country, that is production and distribution of commodities is a sound and prosperous basis."  As prices held for a week, bankers QUIETLY fed back into the stock market that they had bought on Black Thursday for further future storms.  


Banks protected themselves against their customers.  On Monday, new explosion of gloom and panic happend.  General Motors stock lost nearly 2 million.  It soon was an avalanche, vast numbers rushing to get out of the market.  By noon, 8 million shares traded hands and by closing time, Exchange had broken all records with 16 million shares.  By mid November the financial community began to survey the wreckage.  New York Stock Exchange had fallen 40 percent in value. 


CAUSE OF THE CRASH:  Management's disposition to maintain prices and inflate profits while holding down wages and raw material prices meant that workers and farmers were denied benefits of increases in their own productivity.  Decline of mass purchasing power (like our real estate in 2005?) as goods flowed out of expanding capital plant in ever greater quantities, less and less cash in the hands of buyers to carry goods off the market.  Seven years of fixed capital investment at high rates had overbuilt productive capacity and had thus saturated the economy.  The slackening of the automotive and building industries.  Businessmen trying TO SAVE THEMSELVES COULD ONLY WRECK THEIR SYSTEM.  Representing the financiers, it had ignored irresponsible practices in the securities of the markets.  Ignored the weight of private debt.  Result was both class and national disaster. 


Filing single, no dependents?
*
To same OP: Show me one single thing that is not
For starters, I am not the original poster you think you silenced with your question. I would be happy to step up and point a few things that would lead many people to the conclusion that at least the message in your post is racist, and to the more general conclusion that people who post racist messages are very likely, well....racist.

It is difficult for some to distinguish the difference between prejudice, bigotry and racism. There is a reason for that. They are all forms of intolerance that vary only in degree and basis. Consider for a moment the definitions as they apply to the context of this post:

Prejudice: a: an adverse opinion or leaning formed without just grounds or before sufficient knowledge b: an instance of such judgment or opinion c: an irrational attitude of hostility directed against an individual, a group, a race, or their supposed characteristics.

Bigotry: The state of mind, action or beliefs of a person obstinately or intolerantly devoted to his or her own opinions and prejudices ; especially : one who regards or treats the members of a group (as a racial or ethnic group) with hatred and intolerance.

Racism: A belief that race is the primary determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race; racial prejudice or discrimination

Now, to begin with, there is not a shred of truth to one single thing you have said here. That would qualify you as prejudiced on the basis of "without just ground, before sufficient knowledge." The conclusions you have drawn from your unfounded accusations would also suggest irrationality directed against an individual and the supposed characteristics, in this case, religion.

Obstinate, intolerant and devoted to you own opinions and prejudices, exhibiting hatred and intolerance, yesiree, we can check that off and confidently pronounce you bigoted as well.

Racist...your assumption that ACORN is a "racist organization." Unfounded, untrue and without proof. I challenge you now to show us one thing in your post that is not prejudiced, bigoted and racist, keeping in mind that you have no leg to stand on whatsoever until you can PROVE your accusations. Ball's in your court, dear.

He tells us who he is every single day. And it isn't pretty.
Your mother really was right, wasn't she? She always taught you to judge character by what people do and not what they say. BO exemplifies Mom's wisdom.
I believe in a single payer system.

It's not being "rushed."  It's not even on the table.  If you like your insurance, you should have a right to keep it.  Others of us would like the option of a single-payer program.


HR676 has been in Congress collecting dust for a very long time now.  It's not being rushed.  It's being ignored.


Single payer = bad idea.
I just don't trust the government to take care of my health needs. I don't want them controlling any aspect of it, including what procedures need to be done and whether it's cost-effective (meaning will I live long enough to recoup the cost) to have the procedure done.

I agree something needs to be done about insurance and health care and I speak as one of the millions without health care (my husband and I are both self-employed, but cannot afford full coverage). Single payer (meaning the government pays) is just not the answer - look at how they've screwed up everything else!
Counterinsurgents thrust nation into full blown depression.
How is that possible? Looks like we still have quite a ways to go before we hit the Rovian rock bottom.
Every single thing you posted is true.

And it's not just the veterans, either.  It's their entire FAMILIES and their friends.  It's all the people you will never hear about (assuming you're allowed to hear about the veterans).  It's about families that will be fractured, causing divorce, only to be criticized by the radical right about having no family values.


I assume you are referring to a single photo of him...
and I assume you don't know the exact moment that picture was taken - maybe before or after the actual pledge was recited?  Regardless, I support Obama 100%, and as I have said many times: No candidate is perfect, but he is an exceptional human being and can literally help "save" this country, and Lord knows we need some savin up in here!  I am very optimistic about the outcome in Iowa.
Well you didn't clarify a single thing,
just restated your point all over again.  Which I still don't understand.  Never mind.
"Ms" is a moniker that denotes neither single
It is used by thousands of women this way. also, how many Mary Smiths are in the phone book. These letters are not yours to claim.
I'd rather eat glass than spend a single minute
nm
That would explain why the libs were single-handedly
the rise of the Beat Generation, the counter-culture revolution of the 60s, the success of the civil right's movement and the VietNam, Gulf War and Iraq anti-war movements, not to mention the fact that they have been champions of all sorts of dissenting opinions/movements. Advocating for Palestinian statehood comes to mind.
There is no credibility in any single part of this story
including at the $800,000 expense claim, since the whole thing is based on a fantasy whichg arises out of a false premise. You may have noticed that the other 2 posts directly below regarding this trash have gone unanswered all day long, and you will not be engaging me in any further beating of this dead, dead horse. The fanatic/broken record comment is all I care to post as the rest of it is simply a huge waste of time and energy. We all know that when the Supreme Court dismisses this tomorrow it will not phase a single solitary fanatic and they will continue their quest to nowhere until they run out of money. Fanatics, every last one of them.
Show me one single thing in your post that is not
For starters, I am not the original poster you think you silenced with your question. I would be more than happy to step up and point out a few things that would lead many people to the conclusion that at least the message in your post is racist, and to the more general conclusion that people who post racist messages are very likely, well....racist.

It is difficult for some to distinguish the difference between prejudice, bigotry and racism. There is a reason for that. They are all forms of intolerance that vary only in degree and basis. Consider for a moment the definitions as they apply to the context of this post:

Prejudice: a: an adverse opinion or leaning formed without just grounds or before sufficient knowledge b: an instance of such judgment or opinion c: an irrational attitude of hostility directed against an individual, a group, a race, or their supposed characteristics.

Bigotry: The state of mind, action or beliefs of a person obstinately or intolerantly devoted to his or her own opinions and prejudices ; especially : one who regards or treats the members of a group (as a racial or ethnic group) with hatred and intolerance.

Racism: A belief that race is the primary determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race; racial prejudice or discrimination

Now, to begin with, there is not a shred of truth to one single thing you have said here. That would qualify you as prejudiced on the basis of "without just ground, before sufficient knowledge." The conclusions you have drawn from your unfounded accusations would also suggest irrationality directed against an individual and the supposed characteristics, in this case, religion.

Obstinate, intolerant and devoted to you own opinions and prejudices, exhibiting hatred and intolerance...yesiree, we can check that off and confidently pronounce you bigoted as well.

Racist...your assumption that ACORN is a "racist organization." Unfounded, untrue and without proof. I challenge you now to show us one thing in your post that is not prejudiced, bigoted AND racist, keeping in mind that you have no leg to stand on whatsoever until you can PROVE your accusations. Ball's in your court, dear.
and you agree with ever single thing Obama says
Knock yourself out--but I prefer to think for myself. I only pick the candidate I think is best--not perfect
By my read, not a single negative response among them.
x
Our countdiwn has entered into single digits.
Pretty soon we'll get to count in hours instead of days, post every hour, too, beginning with the double digits at 8 am EST THIS coming Friday...99, 98, 97. 
I get the single rate deducted from my pays (nm)
.
Since when does questioning a stance on a single issue
"changing his mind?" In fact, it is media's JOB to exercise both sides of an argument (in the same way that debaters are required to argue both sides of a premise). The mere fact that a reporter is doing just that during a broadcast does not necessarily say anything whatsoever about his personal beliefs.
The one, single thing that took the worst toll on US
nm
war, depression, recession, collapse of financial system, people losing

homes, natural disasters unattended to, collapsing bridges, earmark bridges. Address those first, save flag for later.