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American Capitalism no longer exists
by gmajesko

Anyone who is smart is borrowing on every asset that they can, negotiating the lowest rates and squirreling away the cash into gold or secured cash. No entrepreneur, risk taking investor will take a bet on America as long as we have Pelosi, Reid, and Obama in power. Nobody is counting on making money on their cash, they are counting on not losing. At some point the cash will buy very cheap and sell high later. This is where the "Smart" money is and will be for years.

Many of us predict at least 2 to 5 years of stagnation---either call it a depression or just stagnation, but as long as Dems are in control there will be no capitalistic solutions. Eventually the pendulum will swing back to capitalism as socialism fails. It took WWII to get us from FDR Socialism to the great nation that we are today--the envy of the world until 2006, when socialist Dems got control. Even the Clintons who learned to triangulate were removed from power as Hollywood, and lunatic left poured a billion into electing leftists and redeeming white guilt. Hopefully America will not have to go through this exercise again. We got our black, our leftists and let them prove that they are not what WE WANT.

I had no problem with Bush for 6 years, with a Repub Congress in control. In all other wars we lost more in 3 months than we lost in 5 years. We never changed the leadership in two countries and had elections in a shorter time than we did under Bush. It took us 8 yrs to recover from a surprise attack on Pearl Harbor and only two years under Bush. Of course Bush screwed us all with this bailout idea, but the Dem Congress, in two weeks screwed us worse, because we have no idea or control of what wall street banks can do. If it came to a vote on whether the Pres or Congress was more at fault I say Congress.

What color is the sky in your world?
by ncwebguy

Really.

It was the six years of President Bush and the Republican Congress that created this mess by appointing foxes to guard the hen house. In the military, the foxes created faulty intellegence to force us into an unneeded war for a dictator who was not a threat to the United States, only George Herbert Walker Bush. Which resulted in a never-ending war fought by mercinary subcontractors who enriched the VP's former KBR and the military-industrial complex.

In FEMA, Katrina exposed the unprepared foxes who were appointed to managae emergencies. On Wall Street the foxes looked the other way and/or profited while letting investment banks get cash for selling sliced/diced/repackaged mortgages to the highest bidder. And then the foxes received trillions of dollars as a reward for making a bad bet and an even worse side bet on the initial bad bet.

In the commodities market, another Ponzi-like scheme where corn and oil were traded higher and higher into the straosphere under the belief that what goes up must keep going up while demand was flat or decreasing.

Of course those with money are going to put it all on the sidelines the next four years -- they want to crush the Democratic Party, organized labor and anyone/anything else that keeps them from having even more of the world's wealth. The top 10% are no longer happy with only having 80% of the wealth.... they want more and will use any means necessary to get it.

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