Economy - 2008

Discussion in 'Free Speech Alley' started by houtiger, Mar 7, 2008.

  1. red55

    red55 curmudgeon Staff Member

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    The challenges already made prove deniability and make it clear that the lineage is very foggy. As is your logic. :hihi:
     
  2. red55

    red55 curmudgeon Staff Member

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    These kinds of power struggles are normal in a party with such a broad spectrum of factions. And Hillary is winning the fight to stand toward the middle. Like Bill, she realizes that there are more people out there who describe themselves as pragmatic moderates than ideological leftists or rightists. Obama has much further to go to win the middle. 2016 is his year, after he establishes a track record in Washington for the next 8 years.

    The Republicans also have enough factions to Balkanize themselves. In this case, the apathy and disgust from the other republican factions has kept them in the race by allowing their only moderate to carry the ticket. And this is a year that if a republican is going to win, he's going to have to be moderate and have challenged George Bush enough not to appear a clone of him. It surely doesn't hurt being a white male and a decorated veteran against this particular opposition.
     
  3. red55

    red55 curmudgeon Staff Member

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    Indeed, the majority of Americans are pragmatic and moderate. They are centrist, middle-aged, middle-class, practical people who believe in consensus. They are fed up with inaction and gridlock and desire compromise and conciliation.

    In recent decades our politicians have moved into two ideological camps--one arrogant and rigidly conservative, the other condescending and inflexibly liberal.

    The fastest-growing party today is no party at all. Registered independents outnumber republicans with close to 40% of adults. The polarization of the two parties has left no one representing the middle. We need a third part in the center very badly, since neither of the current parties seem to want to commit to a move that way.
     
  4. Bandit88

    Bandit88 Old Enough to Know Better

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    I figured that's all it'd take... :grin:

    You're worthy (but misguided) adversaries, Red and Luv.

    I'm gathering my wounded and disengaging. Cause I'd rather fight with ya than agin ya...

    Go to Hell Ole Miss....
     
  5. houtiger

    houtiger Founding Member

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    Housing still sucks

    http://www.washtimes.com/news/2008/aug/15/housings-fall/

    Still bad out there! :(
     
  6. Bandit88

    Bandit88 Old Enough to Know Better

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  7. houtiger

    houtiger Founding Member

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    Re: Housing still sucks

    I'm just reportin the facts. Can't handle it? :yelwink2:

    I'm not making much camped in short term CDs now. No use chasing yield in 3-5 year CDs when the next fed move will probably be up, maybe 6 months out, maybe a little farther. I'm watching to see foreclosures stop increasing, find stability, and decrease gradually for a few months. Then it will be time to buy some homebuilders and hang on for 3 or 4 years. :) That's probably at least a year off, maybe two. We've also got to clear up the backlog of unsold homes that is currently at a 23 year high.
     
  8. Bandit88

    Bandit88 Old Enough to Know Better

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    Re: Housing still sucks

    No, no. I can handle facts just fine. Cause the facts are clear - we aren't even in a recession. Even with record high energy prices and a record slump in the housing market, our economy is strong enough to avoid a recession.

    The economy is not great. But it's nowhere near a crisis.

    Gas prices are falling. The housing correction will end soon. The Dems will lose because they picked another LOSER of a candidate. And we'll have eight more years of Olbermann and Franken and Mahr and Stewart and Matthews...

    I wish the Dems would field a decent candidate so I could get a break from the TV morons... (my wife watches them and I'm a loving husband...)
     
  9. gumborue

    gumborue Throwin Ched

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  10. houtiger

    houtiger Founding Member

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    http://en.wikipedia.org/wiki/Stephen_Roach

    Stephen Roach at Morgan Stanley has been spot on for years. He's one of they guys I've listened to, because he made sense and preached the virtue of fiscal responsibility.
     

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