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Posted

Complete nonsense. The economy today is a result of a deeply depressed US housing market.

No its the aggregate result of decisions made over the last 30 years. Trade policy is one of the biggest driving factors in the economy you have today, and one of the biggest factors in the current realestate bubble.

And BTW... youre realestate market isnt depressed. Its still a bubble actually... theres big devaluations on the way still.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted
And BTW... youre realestate market isnt depressed. Its still a bubble actually... theres big devaluations on the way still.

Could not agree more.
  • Free speech: "You can say what you want, but I don't have to lend you my megaphone."
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  • Will the steps anyone is proposing to fight "climate change" reduce a single temperature, by a single degree, at a single location?
  • The mantra of "world opinion" or the views of the "international community" betrays flabby and weak reasoning (link).

Posted

Could not agree more.

Yeah. The bubble started in about 1997, and prices had increased by more than 200% by 2003. We arent even back to those levels... most of the air is still in the bubble, because the government frantically tried to stuff all of the leaks with borrowed money... essentially an act of class warfare.

Im expecting devaluations between 30-60% over the next 5 years... roughly the same in Canada as well.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted

No. Canadians watch U.S. politics the same way a mouse keeps track of a neighboring elephant's activities.

I watch it because there aren't any politicians in Canada that are so ridiculous.

Posted

Good luck with that prediction. Tell me, which states did Obama lose in '08 that he'll pick up in '12?

Anyways, comparing Reagan to Obama is apples and oranges. In 1983, economic growth was at 7%. Obama's economy is humming along at 1.5% growth. In 1983, the economy was producing 200,000 - 500,000 jobs per month. Under Obama's economy, current job growth is at zero.

Ya know, I was surfing along the dial the other night and came upon this docudrama called "Too Big To Fail" which purported to show the inner workings of the higher ups as they were desperately scrambling to keep the US financial system from imploding. Do you believe those idiots actually had George Bush as president at that time and not Obama!? I mean, geeze, talk about dishonesty! It's as if they were suggesting it was the Republican government's lack of oversight of the financial industry which caused the recession, and the Republican government's great big giant TARP bailout which sank the country into debt! I mean, surely it was Obama's fault, right!?

And granted, it's been a whole three years, or almost, since the financial industry almost collapsed, plunging the world into recession, but geeze, you'd think Obama would be able to repair all that by now!

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted (edited)

No. Canadians watch U.S. politics the same way a mouse keeps track of a neighboring elephant's activities.

A drunk elephant.

Edited by Argus

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted

And why is it that the elephant is always scared of the mouse?

It's also a schizophrenic elephant scared of everything under the sun.

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted

Ya know, I was surfing along the dial the other night and came upon this docudrama called "Too Big To Fail" which purported to show the inner workings of the higher ups as they were desperately scrambling to keep the US financial system from imploding. Do you believe those idiots actually had George Bush as president at that time and not Obama!? I mean, geeze, talk about dishonesty! It's as if they were suggesting it was the Republican government's lack of oversight of the financial industry which caused the recession, and the Republican government's great big giant TARP bailout which sank the country into debt! I mean, surely it was Obama's fault, right!?

And granted, it's been a whole three years, or almost, since the financial industry almost collapsed, plunging the world into recession, but geeze, you'd think Obama would be able to repair all that by now!

Are you saying that the Reagan/Obama re-election comparison is apt? Because it clealy isn't, for a lot of reasons. But most importantly, the health of the economy now vs '83. There's a HUGE difference regardless of who's fault it is.

Posted

Are you saying that the Reagan/Obama re-election comparison is apt? Because it clealy isn't, for a lot of reasons. But most importantly, the health of the economy now vs '83. There's a HUGE difference regardless of who's fault it is.

True. Clinton left Bush a far, far better economy than Bush left Obama - one in virtual ruins.

What you seem to be relying on is that Americans will have a memory like yours - which goes back only about 2 and a half years, and completely forgets that the people who caused this mess are the ones now criticizing Obama for not solving it faster, and proposing pretty much the same things which got them into it in the first place, ie, lower taxes, and deregulation.

Yeah, let's get out of the way of big business. They know best how to run things! No need for regulation to get in their way! Doh! <_<

"A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley

Posted

True. Clinton left Bush a far, far better economy than Bush left Obama - one in virtual ruins.

What you seem to be relying on is that Americans will have a memory like yours - which goes back only about 2 and a half years, and completely forgets that the people who caused this mess are the ones now criticizing Obama for not solving it faster, and proposing pretty much the same things which got them into it in the first place, ie, lower taxes, and deregulation.

Yeah, let's get out of the way of big business. They know best how to run things! No need for regulation to get in their way! Doh! <_<

Come on Argus, history is for suckers, no need to learn from history!!

Guest American Woman
Posted

And why is it that the elephant is always scared of the mouse?

It isn't.

Guest American Woman
Posted
A drunk elephant.

It's also a schizophrenic elephant scared of everything under the sun.

Argus, on 04 September 2011 - 11:23 AM, said: It's also a schizophrenic elephant scared of everything under the sun.

This is true!!

Hope it helps y'all feel better about yourselves to insult the U.S., so by all means keep watching if that's what it takes to boost your ego and appreciate your own country. Glad to be of service to you - the U.S. is here to serve those in need. B)

Posted

Hope it helps y'all feel better about yourselves to insult the U.S., so by all means keep watching if that's what it takes to boost your ego and appreciate your own country. Glad to be of service to you - the U.S. is here to serve those in need. B)

The US is there to service itself. You still think that dropping bombs on cities and raining down DU rounds is humanitarian aid.

Guest American Woman
Posted

But you are scared of mice like Al-Queda, while the real elephant in the room is your own government.

In case it's escaped you, your government has joined in the fight against those "mice." <_<

Posted

True. Clinton left Bush a far, far better economy than Bush left Obama - one in virtual ruins.

What you seem to be relying on is that Americans will have a memory like yours - which goes back only about 2 and a half years, and completely forgets that the people who caused this mess are the ones now criticizing Obama for not solving it faster, and proposing pretty much the same things which got them into it in the first place, ie, lower taxes, and deregulation.

Complete nonsense. I thought you said you watched Too Big To Fail? If you had, you'd know that many past administrations are responsible for the financial collapse. Especially the Clinton administration, if you wanna get into actual deregulation. So I agree, if people like Larry Summers, and Bob Rubin, and Alan Greenspan are criticizing the President. Then the people that caused the mess, are definitely the ones complaining that it hasn't been solved yet. *cough* Clinton's deregulation of Glass-Steagall *cough* I guess you just chose to skip that part of the documentary. :rolleyes:

But the driver of the financial problems was the mortgage industry. The one where certain Democrats decided to push for a lowering of lending standards as to facilitate mortages to minorities and the poor. So many people that wouldn't otherwise have qualified for homeownership, suddenly did. Imagine that giving people loans that couldn't pay them back might come and bite you in the ass? Well it did. And the evil George Bush sought to reform that twice in the early 2000s. But was called racist and poor hating for even attempting it. And people like Barney Frank would come on television, proclaiming the virtues of Freddie Mac and Fannie Mae, and their financial strength.

Anyways, all I was saying before is that comparing Obama's relection to Reagan's in 83 is apples and oranges.

Guest American Woman
Posted

The US is there to service itself. You still think that dropping bombs on cities and raining down DU rounds is humanitarian aid.

Correct me if I'm wrong, but Canada is the one going into nations such as Afganistan on "peacekeeping missions."

Posted

In case it's escaped you, your government has joined in the fight against those "mice." <_<

Which I very much oppose and have from the start. I oppose this war in Libya, and stated that here on this forum many times. I want Canada out of this crap.

Posted

Correct me if I'm wrong, but Canada is the one going into nations such as Afganistan on "peacekeeping missions."

Canada should have never been involved in that conflict as well.

Guest American Woman
Posted

An elephant with extremely thin skin.

Yet more insults. Keep them coming! I find it amusing that so many from a nation that prides itself on PC and tolerance have no qualms about insulting the United States/Americans.

I came to this board to learn more about Canada - and I have. :)

Guest American Woman
Posted

Canada should have never been involved in that conflict as well.

My my. Such a meek condemnation of Canada's actions. <_<

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