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Culture > Czecho Slovak > Re: The next Gr...
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Re: The next Great Depression?

by "Jenicek" <Jenicek@[EMAIL PROTECTED] > Apr 13, 2008 at 02:35 AM

"Karel Kriz" <karel@[EMAIL PROTECTED]
> wrote in message 
news:karel-D67541.19575412042008@[EMAIL PROTECTED]
> In article
> <0e5a42af-a728-4ad6-a1cb-9b25a66aa3fe@[EMAIL PROTECTED]
>,
> kujebak <kujebak@[EMAIL PROTECTED]
> wrote:
>
>> On Apr 12, 4:44 pm, Karel Kriz <ka...@[EMAIL PROTECTED]
> wrote:
>> > In article
>> > <5b0b13fb-4967-4341-a405-e98876eff...@[EMAIL PROTECTED]
>,
>> >
>> >
>> >
>> >
>> >
>> > kujebak <kuje...@[EMAIL PROTECTED]
> wrote:
>> > > Stan R wrote:
>> > > > kujebak contributed these words of wisdom on 11/04/08 07:33:
>> >
>> > > > <...>
>> >
>> > > > > The only two remarkable aspects of the current financial
>> > > > > crisis are its root cause,
>> >
>> > > > You mean government-inspired political correctness? Or the 
>> > > > Fed-inspired
>> > > > credit bubble, caused by what can be termed a criminally loose 
>> > > > monetary
>> > > > policy under the Chairman****p of Mr Irrational Exuberance?
>> >
>> > > Greenspan, and his monetary policy is what's responsible
>> > > for this country's current economic woes. He killed the eco-
>> > > nomic expansion (often credited to Clinton by left wing dema-
>> > > gogues) brought about by demilitarization of the U.S. econo-
>> > > my at end of the Cold War. For what he (Greenspan) did sub-
>> > > sequent to that, in order to save the economy from complete
>> > > collapse, he should be in jail today. Never mind his age.
>> > > Where is the indignation over the Federal Reserve's handling
>> > > of the economy in '99 - 2001? Why are we instead preoccupied
>> > > with scapegoats, like Bears and Stern and Exxon Mobil?
>> > > Because it's the election year. Economic misery always sells
>> > > at the polls.
>> >
>> > What happened to the economy in 1999-2001? I don't remember any major
>> > issues then...except that we had a balanced budget and a surplus. It
is
>> > unrealistic to expect anyone to get upset over some economy hiccup
that
>> > happened 8 years ago, so this blatant attempt to hang something on
>> > Clinton is destined to fail. Bear Stearns and Exxon Mobil are not
>> > scapegoats. How can a company making obscene profits quarter after
>> > quarter be a scapegoat for anything? Sounds like you want to turn
clock
>> > back to pre-Bush time...I'm with you on that one, but it ain't gonna
>> > happen...
>>
>> What happened in 2001? I was the beginning of the most
>> significant economic correction ending the most significant
>> period of economic growth we've had since the end of WW2,
>> if not the entire 20th century. Of course there have been
>> other factors that played into the epidemic of economic pes-
>> simism, from which we have yet to recover, like 9/11, but
>> there is no denying this pessimism was engendered by Green-
>> span and the Fed in the late 90's. How could you not be aware
>> of this "economic hiccup" in your line of business? I almost
>> lost my own job in 2002, not to mention my 6-digit losses
>> in the stock market in the two prior years. And this Roose-
>> velt-era economics you keep touting? Had it not been for
>> Pearl Harbor, and America's heavy deficit spending to finance
>> the war effort, which basically replaced the New Deal social
>> programs, it is difficult  to imagine what this country would
>> be today. It wouldn't certainly be something that would inspire
>> me enough to leave my own homeland for. Which brings me
>> to the question that always comes to mind after reading
>> every one of your replies - why the hell didn't you stay in
>> Sweden?
> Ah, you are talking about the Internet crash. That left us unscathed as
> we did not subscribe to the shares madness assuming that every Internet
> startup will go from nothing to an IPO and everyone will get rich. I am
> sorry to hear that you had some losses. Maybe if you didn't vote in a
> Republican President, you'd have received a bailout of sorts. But I am
> being fascecious. That happens every time someone asks me why I am here
> and not in some other place. Usually a swift kick in the backside stops
> any further questions, but I'll answer you.
>
> The only reason why I came to the US is with the purpose of being able
> to keep an eye on you and your ilk, who have some odd ideas about what
> this country is and what it should be. Since you are unable to
> distinguish shades between black and white, I doubt that I will ever
> show you the error of your rotten-to-the-core conservative views and
> values.

Tak nam aspon prozrad kdo te sem poslal:
Vojenska rozvedka, STB nebo KGB.
 




 25 Posts in Topic:
The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-10 18:40:48 
Re: The next Great Depression?
Frank Bures <feeb@[EMA  2008-04-10 08:11:55 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-10 23:19:29 
Re: The next Great Depression?
Frank Bures <feeb@[EMA  2008-04-10 10:05:32 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-11 23:01:17 
Re: The next Great Depression?
"Paul J Kriha"   2008-04-12 14:46:28 
Re: The next Great Depression?
Frank Bures <feeb@[EMA  2008-04-14 09:37:19 
Re: The next Great Depression?
kujebak <kujebak@[EMAI  2008-04-12 01:03:04 
Re: The next Great Depression?
"Paul J Kriha"   2008-04-13 13:53:01 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-13 22:37:25 
Re: The next Great Depression?
"Paul J Kriha"   2008-04-14 18:35:26 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-13 23:54:22 
Re: The next Great Depression?
Karel Kriz <karel@[EMA  2008-04-10 07:53:08 
Re: The next Great Depression?
"Jenicek" <J  2008-04-10 17:00:33 
Re: The next Great Depression?
kujebak <kujebak@[EMAI  2008-04-10 14:33:29 
Re: The next Great Depression?
Karel Kriz <karel@[EMA  2008-04-10 19:46:27 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-11 23:42:23 
Re: The next Great Depression?
Frank Bures <feeb@[EMA  2008-04-14 09:21:33 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-11 23:22:58 
Re: The next Great Depression?
kujebak <kujebak@[EMAI  2008-04-11 18:31:51 
Re: The next Great Depression?
Karel Kriz <karel@[EMA  2008-04-12 16:44:57 
Re: The next Great Depression?
kujebak <kujebak@[EMAI  2008-04-12 18:35:40 
Re: The next Great Depression?
Karel Kriz <karel@[EMA  2008-04-12 19:57:54 
Re: The next Great Depression?
"Jenicek" <J  2008-04-13 02:35:23 
Re: The next Great Depression?
Stan R <aus086@[EMAIL   2008-04-13 22:53:40 

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tan12V112 Fri Dec 5 0:04:31 CST 2008.