It’s really not that much unlike a Keynsian policy of increased spending to boost the economy (Romney would prefer to let individuals, instead of the government, charge up the deficit credit card).

bayam on October 9, 2012 at 3:20 PM

Unfortunately this part at least is very true. If gov’t racks up the debt we go bankrupt nationally. If individuals keep going we’ll have a 1930′s repeat.

I hope whatever survives the USA’s collapse takes what happens to us as a warning to make personal debt illegal beyond small amounts, and government debt illegal except in times of full-scale war. Frankly we should’ve thought about the first long ago!

How is our election still looking so close when Europe’s proffered example — one of the unemployment, stagnation, shrinking incomes, and misery that ensues from huge governments spending too much money on entitlement and social programs — is smacking the rest of the world in the face?

I’ve tried and tried to find a reasonable answer to this question but the ugly truth is that half of the american population is just plain stupid.

There’s no sugar coating it anymore, half of our population is just not that bright. They are disengaged from any personal responsibility and their attention span is laughably short when it comes to anything of real substance. Public schools are graduating students without any writing, reading and comprehension skills (although jacked up on an unhealthy dose of self admiring self esteem) and countries with a fraction of our school budgets manage to produce students who, in 4th grade, run circles around our high school seniors when it comes to subjects like math, science, chemistry and history.

We can ask ourselves forever why our elections are this close when the status of practically the whole world acts as proof that we’re shooting ourselves in the foot with a cannon if we continue down this road, but the answer is quite simple and rather embarrassing – a huge percentage of our fellow americans are too dumb to see what’s happening.

We need to turn our children and our country around in the next generation or we’ll sink into a third world country status.

bayam on October 9, 2012 at 3:20 PM

Man, that $170 billion deficit under Bush was just awful. :( 4.7% unemployment. Miserable.

Though, I’m glad you are reaching the acceptance phase of Obama’s defeat.

Who could have seen this coming, (what with that huge experiment in socialism going on in Europe)?

Obama for one.

The power of Romney’s pro-growth message is practically laughable next to President Obama’s pro-fairness message — leastaways, it would be laughable, if we were making a strong stand against following Europe’s example instead of dithering with more of the same policies.

Romney’s message is laughable? I don’t fully agree but I’m concerned that across the board tax cuts will fail to generate real growth and instead bring about more of the economic gimmickry that failed under Bush- with very disturbing consequences for the federal deficit.

It’s really not that much unlike a Keynsian policy of increased spending to boost the economy (Romney would prefer to let individuals, instead of the government, charge up the deficit credit card).

what Romney has never said on the campaign stump until today is that he had previously met one of the victims: Glen Doherty, a former Navy SEAL who was working as a State Department contractor in Libya.

And if that weren’t enough, that downturn would spill over into the global economy, as the blow to confidence would sink stock prices.

Since everyone can’t win, nobody can win.

Sounds fair.

Marx and Engels will soon become the saviours of America and the world.

If only they had listened, sooner.

- The Commie

http://maxkeiser.com/2012/10/09/a-second-greek-man-on-the-lagarde-list-has-been-found-dead/