tag:blogger.com,1999:blog-3423725371920868922.post2715784486011036599..comments2024-03-27T13:28:18.163-04:00Comments on Balter's Blog: It's the economy, stupid, but... (how the Democrats have blown this election, and how they might be able to get it back.)Michael Balterhttp://www.blogger.com/profile/08311614050647338141noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3423725371920868922.post-85623940496836144442008-10-10T23:50:00.000-04:002008-10-10T23:50:00.000-04:00Today marks one week of financial turmoil in the w...Today marks one week of financial turmoil in the world markets, a fictitious and fabricated recession - only one problem with that specific wording - The only country that truly has any problems is the USA. These financial companies must get a grip on themselves - they are no different than our own households. When things go bad with household income – the leader of the house or the person that runs the household, makes decisions in order to curb the losses sustained. This is not evident with the US financial institutes – they have been mismanaged for years, and now it has reached to the point of no return. Yes, many will say that banks and lending institutes from abroad have also contributed to take a loss – this is only because these financial institutes took risks – it could have been profitable and non of us would have heard of any repercussions when earning billions of dollars – but now that they have lost, and they ask for hand-outs, we now hear of the problems related to hard economic times. – well ladies and gentlemen “Business is business”, and it is unfair for governments or countries (via the backs of tax payers) to bear the brunt and contribute in order to keep these companies afloat. If these financial institutes have made bad decisions – then they should be allowed to fail. Had any of us faced the same consequences – the banks and governments would have allowed us to go into bankruptcy – they should be no difference. These governments have absolutely no right in allowing any bailout programs.<BR/><BR/>The Canadian Government as well as the British, Italian, German, Iraqi governments should all stand and spell out that their counties do not have the same financial problems as the USA, and that these financial problems are solely the USA’s problems, and the USA should not drag other countries down with their financial worries<BR/><BR/>Stock markets around the world should not be reacting negatively, instead Canadian, Italian, British, German and most European countries should all be booming.<BR/><BR/>The media has done an excellent job securing fear in the world markets<BR/><BR/>Facts – the USA has more debt than any other country<BR/>The USA continually spends billions on a war that they should not be involved with<BR/>The USA will never be able to pay off its debt in our lifetime<BR/><BR/>These are the facts <BR/><BR/>TonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3423725371920868922.post-50055340354258030692008-09-19T01:54:00.000-04:002008-09-19T01:54:00.000-04:00"It is useless to keep attacking the utter abandon..."It is useless to keep attacking the utter abandonment of reason and empirical evidence". I agree. I think the Obama camp would be better to abandon attacks on McCain/Palin and just us extracts from Obama's speech at the convention, minus crowd noise and shots of it. I saw a tape of the speech again recently and there are many one and two liners that would make ideal soundbites for advertisements for the democrat presidential nominee.terrythttps://www.blogger.com/profile/17327062321100035888noreply@blogger.comtag:blogger.com,1999:blog-3423725371920868922.post-470735216108468022008-09-17T18:40:00.000-04:002008-09-17T18:40:00.000-04:00Mr Balter,Here...there is no why.All the liberal b...Mr Balter,<BR/><BR/>Here...there is no why.<BR/><BR/>All the liberal bloggers keep trying to approach the jaw dropping spectacle of the Democratic party/power brokers pitch themselves--and the rest of us--over the cliff one more time with rational discourse.<BR/><BR/>The country is in the grip of the same psychic contamination that allowed Nazi-ism to gain traction. <BR/><BR/>Sarah Palin unleashed the inner goose step of the American collective. <BR/><BR/>It is useless to keep attacking the utter abandonment of reason and empirical evidence.<BR/><BR/>The country has been Goebbles-ized.<BR/><BR/>All one has to do is look at comments in posts in blogs. Its documented. Its viral. The ravings and defense of McCain and Palin all sound as if written by the same person. These people are no longer people, but bacteria...malaria that have become resistant to reality.<BR/><BR/>Its hunker in the bunker time. America must have its Reich. Its been itching for one --its going to be a right of passage.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3423725371920868922.post-24472198089361080702008-09-17T12:50:00.000-04:002008-09-17T12:50:00.000-04:00It seems to me that the courage and will to change...It seems to me that the courage and will to change things come about usually because of one or two people who have the charisma and vision to unite others to get things done. It is very hard to imagine a group of representatives, or the people who voted for them, or "the Democratic Party" coming together and staying together long enough or well enough to accomplish much change without a strong leader. Obama could be that leader. I hope so.Anonymousnoreply@blogger.com