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Forums - General Discussion - If McCain loses....

HappySqurriel on 08 October 2008
steven787 said:

Recessions(after 1970) last how long? 6-12 months? Even if this one last double, which it won't, the last two years of the term will see more jobs and massive growth.

 

A large part of the reason why we're facing the (potential) collapse of the worldwide banking system is that we have not allowed recessions to run their course ...

Trying to prevent a recession is a lot like trying to prevent a forest fire. It sounds like a good idea to prevent a forest fire because it is highly destructive force that has the potential to cause unnecessary suffering to individuals. What ends up happening when you are "Successful" at preventing a forest fire is you keep diseased trees alive which prevents young and healthy trees from growing, the soil slowly "loses" nutrients because they're not being returned from the trees, and you just see a build up of dry underbrush which just adds risk of a larger, more destructive and out of control forest fire from happening.

Had the Federal Reserve not flooded the market with money after the collapse of the Dot-Com bubble, or the 9/11 attacks, it is likely that those recessions would have been somewhat longer and somewhat more difficult for people; at the same time it is likely that home prices would have stagnated (or dropped) in many housing markets for long enough that people would have realised the foolishness of the sub-prime mortgages, and the bubble would not have grown so large as to risk the world ecconomy when it popped.



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damkira on 08 October 2008

Its good that you're thinking toward the next election. That will soften the blow for you when McCain is defeated.



halogamer1989 on 08 October 2008
damkira said:

Its good that you're thinking toward the next election. That will soften the blow for you when McCain is defeated.

Let's not get cocky now.  There is still 27 more days and one more debate!

 



Sam Yikin on 08 October 2008

Huckabee... god no. I would seriously move to Canada if that happened.



Nintendo Fan Girl on 08 October 2008
chapset said:
McCain did horrible last night, he was shaky during most part of the debate, he's to old he should retire, go to bed old man!

.....hes going to be our president!!!!!!!!!!!!1

McCain for president!



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MontanaHatchet on 08 October 2008
Nintendo Fan Girl said:
chapset said:
McCain did horrible last night, he was shaky during most part of the debate, he's to old he should retire, go to bed old man!

.....hes going to be our president!!!!!!!!!!!!1

McCain for president!

Do you know why you like him though? You're too young to understand the issues.

 



 

 

halogamer1989 on 08 October 2008

I talked to her earlier Montana. She seems to have a Republican orientated line of family, friends, or something. I vaguely remember it but I put up something on her wall about this same thing.



Nintendo Fan Girl on 08 October 2008
MontanaHatchet said:
Nintendo Fan Girl said:
chapset said:
McCain did horrible last night, he was shaky during most part of the debate, he's to old he should retire, go to bed old man!

.....hes going to be our president!!!!!!!!!!!!1

McCain for president!

Do you know why you like him though? You're too young to understand the issues.

 


ive seen debates and interviews. ive liked him from the beginning!

 



akuma587 on 08 October 2008

If McCain loses, there is no chance people would vote for a guy like Huckabee in 2012.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

Jackson50 on 08 October 2008
HappySqurriel said:

Had the Federal Reserve not flooded the market with money after the collapse of the Dot-Com bubble, or the 9/11 attacks, it is likely that those recessions would have been somewhat longer and somewhat more difficult for people; at the same time it is likely that home prices would have stagnated (or dropped) in many housing markets for long enough that people would have realised the foolishness of the sub-prime mortgages, and the bubble would not have grown so large as to risk the world ecconomy when it popped.

 

I thought I was the lone wolf on this site? I think you are the first person, other than myself, to ever mention the true cause of our financial and economic crisis. More people need to be educated about how bad of a job the Fed does. 

Huckabee would be a terrible choice for the Republicans. He is a pseudo populist. During the GOP primaries I heard him postulate that we could end our economic woes by building bridges, dams, and roads. When he started to sound like Hoover and Roosevelt, I knew I would never support him.