It's Obama spreading panic

[Winehole23]

If they do nothing, the U.S. economy collapses, the U.S. government probably collapses, and everybody falls into a post-Soviet dystopian of starvation and violence, leading up to wars among the successor states that kill millions.

If their plan fails, the U.S. economy collapses, the U.S. government probably collapses, and everybody falls into a post-Soviet dystopian of starvation and violence, leading up to wars among the successor states that kill millions.

If their plan works, our standard of living will be sharply reduced, but we're spared the specter of, say, Houston and Dallas becoming 21st-century Stalingrads as the Confederates and Aztlanenses fight a long war over who gets to control the oil in Texas and in the Gulf of Mexico in the post-U.S. world.

Yeah, the plan has almost no chance of working, but you gotta try...

Ahh...that was distinctively bitter, with a delicate note of sweetness on the finish.

[angrydude]

Morris is wrong about just about everything.

[micca]

Morris is wrong about just about everything.

Maybe but have you noticed how the state makes all these crisis. I mean this porkilous bill makes the invasion of Iraq look like a calm, well thought out plan, a zen moment. Will we now have all our senators and congressmen coming back to us in a year and tell us how they were tricked by that evil obama, just like they did with bush, and their role in the war?

[clambake]

Maybe but have you noticed how the state makes all these crisis. I mean this porkilous bill makes the invasion of Iraq look like a calm, well thought out plan, a zen moment.

yeah, thats what it looks like.

Will we now have all our senators and congressmen coming back to us in a year and tell us how they were tricked by that evil obama, just like they did with bush, and their role in the war?

thats what you're hoping for, isn't it?

[Creepn]

If they do nothing, the U.S. economy collapses, the U.S. government probably collapses, and everybody falls into a post-Soviet dystopian of starvation and violence, leading up to wars among the successor states that kill millions.

If their plan fails, the U.S. economy collapses, the U.S. government probably collapses, and everybody falls into a post-Soviet dystopian of starvation and violence, leading up to wars among the successor states that kill millions.

If their plan works, our standard of living will be sharply reduced, but we're spared the specter of, say, Houston and Dallas becoming 21st-century Stalingrads as the Confederates and Aztlanenses fight a long war over who gets to control the oil in Texas and in the Gulf of Mexico in the post-U.S. world.

Yeah, the plan has almost no chance of working, but you gotta try...

Won't happen.

[doobs]

Hey may be spreading panic in some ways . . . but it looks like Rosy's back!

http://news.yahoo.com/s/ap/20090226/...budget_economy

http://gregmankiw.blogspot.com/2009/...-scenario.html

[doobs]

Hey may be spreading panic in some ways . . . but it looks like Rosy's back!

http://news.yahoo.com/s/ap/20090226/...budget_economy

http://gregmankiw.blogspot.com/2009/...-scenario.html

Just saw there's another thread on this. My bad.

[MannyIsGod]

Maybe but have you noticed how the state makes all these crisis. I mean this porkilous bill makes the invasion of Iraq look like a calm, well thought out plan, a zen moment. Will we now have all our senators and congressmen coming back to us in a year and tell us how they were tricked by that evil obama, just like they did with bush, and their role in the war?

[George Gervin's Afro]

are conservatives for or against fear mongering? Why don't any of you cowards ever answer this simple question?

[George Gervin's Afro]

Maybe but have you noticed how the state makes all these crisis. I mean this porkilous bill makes the invasion of Iraq look like a calm, well thought out plan, a zen moment. Will we now have all our senators and congressmen coming back to us in a year and tell us how they were tricked by that evil obama, just like they did with bush, and their role in the war?

how do you know this bill won't stimulate the economy?

[ChumpDumper]

Is this country in a financial crisis?

Yes or no.

[Winehole23]

You have to suspend the belief on whether the Obama is factually correct, to conclude that he is exaggerating the country's perilous financial cir stances IMHFO.

Or else, it has already been concluded that Obama is factually wrong, and we are *not* already in a deep recession that is threatening to become deeper.

[Winehole23]

Just saw there's another thread on this. My bad.

It was worth it for the contrast and for this:

Speaking to reporters Thursday, White House economist Christina Romer called the projections an "honest forecast" by the administration's professional forecasters. "I'd reject the premise that we're noticeably rosier," she said. "We certainly are somewhat more optimistic, but certainly nothing out of the ballpark."

[ChumpDumper]

Obama said times are tough!

[doobs]

It was worth it for the contrast and for this:

Yeah, I thought it was an interesting contrast: if things really are so gloomy, then how can you possibly project such a swift and strong recovery? The CEA's projections (along with Bernanke's recent comments) make Obama's rhetoric seem . . . out of place.

I was trying not to undercut you, though.

[Winehole23]

Yeah, I thought it was an interesting contrast: if things really are so gloomy, then how can you possibly project such a swift and strong recovery? The CEA's projections (along with Bernanke's recent comments) make Obama's rhetoric seem . . . out of place.

I agree. It doesn't quite add up, but I don't think it was ever meant to.

The government is expected to keep up a brave front no matter what. Negativity will be strategically engaged along the way, but the obvious forte of Obama is optimism. I don't expect that to change very much.

I thought Bernanke theorized a bottom this year with recovery sometime in 2010, but this is a quibble. What else did he say?

[Winehole23]

are conservatives for or against fear mongering? Why don't any of you cowards ever answer this simple question?

Because they're for it 100%

The GOP is a serial past offender. The security plank relies on making the opposition appear ridiculous in the area of defense. Usually the Jackass does that well enough all on his own, but occasionally some assistance is required.

[BradLohaus]

I stopped reading here "Ultimately, all recessions and depressions resolve themselves into crises of confidence".

Really? Does anyone here with half a brain actually want to find out why someone says that mindless drivel? I know I doubt. When I see ignorance of that sort I generally just stay away from it and I certainly wouldn't post it as some authoritative message.

True, confidence has nothing to do with the real cause (well, maybe past over confidence):

[RandomGuy]

I know, I know, it's Morris, but there is some truth to it.

No, no there wasn't. you suck.