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Sean on 07-31-2009 wrote:

Good article brings me back to senior ECON classes.


on 03-10-2009 wrote:

nonsense!
alternative energy means imports unless protectionism is put in place.


on 03-10-2009 wrote:

nonsense!
alternative energy means imports unless protectionism is put in place.


E. Ross on 03-10-2009 wrote:

I'm not blaming consumers. Dave, you are right that Fed Res. policy induced the spending. Consumers did what the economic indicators said they should do. That doesn't mean it wasn't problematic (sorry for the double negative)


Dave on 03-10-2009 wrote:

Oh those horrible consumers borrowing money they couldn't repay. It is all their fault. Lets not put the blame on the hateful Federal Reserve and the demonic Allan Greenspan for keeping interest rates way too low for too long. Stupid consumers.


Chuck on 03-10-2009 wrote:

"We are spending more money than we have ever spent before, and it does not work. After eight years we have just as much unemployment as when we started, and an enormous debt to boot". - U.S. Treasury Secretary Henry Morgenthau...May 1939

We are here again...

Here are ten
fact about the great depression which should seem familiar.

Government has no wealth of its own. Before it gives anything to anyone, it must take from those who produced it. - John Stossel

Where is the problem? Watch this short video

http://www.youtube.com/watch?v=8Pbiv1iuEes&feature=channel_page