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Old April 15th, 2009, 08:45 PM posted to rec.outdoors.fishing.fly
DaveS
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Posts: 1,570
Default OT It could be, it might be, it is !!!

On Apr 15, 9:02*am, wrote:
Ken Fortenberry


Damned fine speech....


I'm honestly asking - why?

TIA,
R


Because considering the **** storm WE are in, it was kind of hopeful
in a "steady as she goes" kind of way. Rick, NO one, KNOWS exactly how
to steer the course because NO ONE knows exactly how the effects of
the macroeconomic tools, and monetary tools are calibrated at the
levels being used. When Mariner Eccles, Roosevelt's banker/advisor,
(and fellow UTAH alum ;0))) pulled the levers to save capitalism the
last time capitalist greed almost pushed this country into communism,
the economic systems were much simpler. But even then there was a high
degree of uncertainty.

This situation is even more uncertain now. For example, the old
equations defining the relationships between consumer spending and
employment, domestic manufacturing orders, capital goods orders, etc
no longer hold. And economists across the political spectrum, were
caught short. So anyone saying they know that a consumer driven
recovery from this recession will occur with this or that
characteristic is talking thru their ass, Rs or Ds. And there are lots
of other relationships that are no longer well understood or stable in
the bull**** "financial services," debtor state economy we became
addicted to in the last decade.

Politics wise, history seems to be repeating itself. When Republican
Herbert Hoover went into denial and did nothing effective after the
crash of 1929, the country spiraled into Depression. The capitalist
system itself failed and the nation drifted toward communism as
suffering took its toll on working and middle class Americans. The
Republicans did the same kind of hyena-like harassing **** as they are
doing today. . . ironically it was the Democrats who saved the
capitalist system from itself.

Then, as Fascism and Communism grew in Europe, the Republicans flirted
with Fascism, running around in fascist uniforms, Sam Brown belts,
Bund rallies, and jack boots, playing stiff little American style
Nazis. And some lefties became enamoured with Bolshevism. If history
keeps repeating itself can we expect to see the RNC decked out in
slouch hats and riding pants by the end of Obama's first term? Will
Dennis Kucinisch be cuddling up in China's Central Committee?

Dave
If I am still around my bet will still be on the USA.