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The GODDAMN BUSH ECONOMY!


Peter_Puget

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"Bush recently signed into law a measure increasing the government's borrowing ceiling to $9.815 trillion. It was the fifth debt increase of Bush's presidency. The national debt is the accumulation of the annual deficits.

 

During the Clinton administration, the federal budget ran a surplus for four consecutive years, something that had not been accomplished for seven decades."

 

BEING IN DEBT IS LIKE BEING RICH AS LONG AS YOU DONT PAY IT BACK.

 

 

SIGN ME UP!

 

 

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Hmmm...This might be important.

The 13-nation euro hit a fresh record against the dollar — rising to $1.4729 — before falling back. The dollar lost ground following word that a senior Chinese political figure said China should spread its $1.43 trillion foreign exchange reserves beyond the dollar into the euro and other strong currencies.---From Stocks Plunge With Dollar, AP 11/7/07
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Hey yeah PeePee, keep up the good fight man! History will prove that you were right, a real truth-seeker, stickin' it to the confused and willfully ignorant! Fight the Power!

 

Stock markets plummeted across Asia on Thursday as investors worldwide grew skittish about high oil prices and the prospect of a substantial economic slowdown in the United States.

 

The Hang Seng index in Hong Kong fell 3.2 percent, while the Nikkei 225 in Tokyo dropped 2 percent. Shares in China tumbled the most sharply, with the CSI 300 index off 4.8 percent.

 

Markets in Asia fell in response to a 2.6 percent drop in the Dow Jones industrial average Wednesday. The U.S. market was driven down by fear that the troubles in housing were likely to continue well into next year, contributing to further losses in credit markets and spreading pain to the rest of the economy...

 

"We are experiencing among our clients an awakening that the United States is in big trouble," said Erik Nielsen, chief Europe economist at Goldman Sachs. ---from International Herald Tribune 11/8/07 International Herald Tribune 11/8/07

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"The social atmosphere is that of a besieged city.. And at the same time the consciousness of being at war, and therefore in danger, makes the handing-over of all power to a small caste seem the natural, unavoidable condition of survival."

 

"It does not matter whether the war is actually happening, and, since no decisive victory is possible, it does not matter whether the war is going badly. All that is needed is that a state of war should exist." E G.

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"Crimestop means the faculty of stopping short, as though by instinct, at the threshold of any dangerous thought. It includes the power of not grasping analogies, of failing to perceive logical errors, of misunderstanding the simplest arguments if they are inimical to Ingsoc, and of being bored or repelled by any train of thought which is capable of leading in a heretical direction. Crimestop, in short, means protective stupidity."

 

PC FOR PROFIT

 

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President George Bush has acknowledged that he does not think the war on terror can be won, but said it would make it less acceptable for groups to use terrorism as a tool.

 

In a US TV interview, Bush, who has said he expects the war on terror to be a long, drawn-out battle, was asked: "Can we win it?"

 

The president replied: "I don't think you can win it. But I think you can create conditions so that the - those who use terror as a tool are - less acceptable in parts of the world."

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The mortgage mess was started by Clinton who wanted to make homes "more affordable".

 

meddling socialist engineers always trying to "solve" some problem with big gov't and only creating more problems... which of course they will "solve" with big gov't. repeat.

 

meanwhile Archie pays more taxes

 

Uh, has financial deregulation been covered here? If not, pull head out of ass. Read a fucking book. Rinse. Repeat.

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