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Friday, June 1, 2012

Re: You Can See Romney Grinning . . . From Outer Space

so the PUBS didn't think this would lead to a lot more of homelessness

are they that naive

On 6/1/12, mg <mgkelson@yahoo.com> wrote:
> The Republicans created the big deficit and huge debt on purpose with
> their starve-the-beast strategy. The basic idea is to "bankrupt" the
> government and use the deficits as an excuse to cut programs like
> Social Security, Medicare, FEMA, OSHA, and the EPA, etc. I did a post
> on the subject in April 2009. Wikipedia also has an article on the
> Republican starve-the-beast strategy:
> http://tinyurl.com/NewTestamentRighties
> http://en.wikipedia.org/wiki/Starve_the_beast
>
> There are some interesting, background articles on the starve-the-
> beast strategy at the following websites:
> http://www.nytimes.com/1996/09/29/us/dole-in-choosing-kemp-buried-a-bitter-past-rooted-in-doctrine.html?sec=&spon=&pagewanted=all
> http://tinyurl.com/KemptheRightard
>
> They didn't, however, cause the economic collapse on purpose. That all
> started with Bush's ownership society and was caused by greed and
> incompetence.
>
>
>
>
> On Jun 1, 7:46 am, mg <mgkel...@yahoo.com> wrote:
>> Europe is slowing down and is in big trouble. India is slowing down.
>> China is slowing down and there is nothing but ugly numbers out this
>> morning on the U.S. economy. Stock futures before the open are way
>> down. Commodities have been getting slaughtered for a long time now.
>> Crude oil is down to about $83/bbl (but gas prices aren't down much of
>> course). The yield on the 10-yr bond now under 1.5%. Germany's DAX is
>> down over 3% this morning and the Germans have the best economy in
>> Europe. The DOW is down about 175 right
>> now.http://www.cnbc.com/id/47643788
>>
>> When you think about it, the terrorists didn't really do much damage
>> to the U.S. economy on 9/11, but the mess that Bush left us in is
>> probably about the worst in U.S. history. Will we ever completely
>> recover from this? I doubt it.
>
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