What, exactly, has changed in the American economy to cause such an explosion of despair? Not what’s happening at the moment (one bank or another, whatever), what caused such a widespread meltdown?

Chuck Tucson Said: “… Sorry, but there’s no such thing as conservatism anymore. It’s dead. The Republicans destroyed it and now look what we’ve got.”

The idea’s alive, we just can’t find anybody willing to apply it.

“Dont look at those clueless rubes who bought homes that they could not afford and WORSE did not even KNOW that they could not afford it until the adjustable rate mortgages …ahem..adjusted.”

No Nagarajan, I blame the smart people who lent them the money and KNEW they wouldn’t be able to afford it. Destroying other peoples wealth, all in the name of making a few bucks.

The banks open their doors with stupid lending policies and you expect me to feel sorry for them when people line up and take the ‘free’ money? Blame the rubes for being stupid? Whatever. They walk away, while the corporate banks destroyed more wealth than is possible to comprehend. This IS the lenders fault. They could have stopped it. I don’t blame the rubes for taking the money because, well, they’re rubes.

“Is it any wonder most conservatives have given up on the MSM ? Their bias and agenda is so pukingly transparent.”

Oh, hang on, let me just hop on over any other blog in existence, left or right, and read the exact same pissing and moaning about the MSM.

Sorry, but there’s no such thing as conservatism anymore. It’s dead. The Republicans destroyed it and now look what we’ve got.

For example, when it comes to understanding global Islamic terrorism, I have more regard for the analyses of Daniel Pipes and Steve Emerson than for those of John Esposito and Larry Johnson. Many of us recall what each of the four said about Islamic terrorism before 9/11.

On the current economic crisis I pay more heed to the analyses of Nouriel Roubini, Peter Schiff, Satyajit Das, Marc Faber, and Meredith Whitney - each of whom, in their own way, predicted the crisis - than Larry Kudlow, Jim Cramer, Ben Stein, Barney Frank, and Alan Greenspan.

That doesn’t mean that those who were right are now sages who are right about everything. And they may have very different future forecasts and prescriptions on how to address the crisis. For example, Roubini is liberal who likes Obama and Schiff was an advisor to Ron Paul, and they have very different policy suggestions. But I respect what both have to say.

See you all in re-education.

Ahhh… how quickly they forget…

“Some writers have so confounded society with government,
as to leave little or no distinction between them;
whereas they are not only different, but have different origins.
Society is produced by our wants, and government by our wickedness;
the former promotes our POSITIVELY by uniting our affections,
the latter NEGATIVELY by restraining our vices. The one
encourages intercourse, the other creates distinctions.
The first a patron, the last a punisher.”
-Thomas Paine, Common Sense 1776

When society bails out something, it is private individuals doing that.

When the public bails out something, that is government.

How quickly we do forget and give to our punisher the good things to do, so that we may be punished to only be good… which is an extreme evil worse than all others as it removes the meaning of good. But then wanting to bail them out is good, giving it to government to do is wicked.

So simple.

So easy to forget.

a. Fundamental doubts about a free market economy. The MSM screams, “Look at these EVIL corporate greedy fatcat sleazbags - if not for their greed, we wouldnt be in this predicament”

Dont look at those clueless rubes who bought homes that they could not afford and WORSE did not even KNOW that they could not afford it until the adjustable rate mortgages …ahem..adjusted.

b. The need for more Government regulation - that is the magic shibboleth for the media - if only they were more rules !!

Actually, there is a need for more transparency than more regulations themselves. But dont tell it to those MSM guys OR the dogmatic free marketers who think that they cannot possibly be wrong.

c. If things look bad still in 2012 when Obama is running for re-election, they can always say that they expected this to go for a long long time. Dont you remember what we said 4 years back would be what the MSM would cry.

If the economy does get better, they could always get back in the tank as to how Obama’s BRILLIANCE took us out of a long global depression !!!

Is it any wonder most conservatives have given up on the MSM ? Their bias and agenda is so pukingly transparent.

Anyone who still thinks a president has much sway over the economy should ask themselves, if presidents did influence the economy greatly, then why we would ever have a downturn, much less in an election year?

The Messiah with a Thin Resume will solve our problems. Only Barry The Redeemer can save us.