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Blog Title:	Town Hall Meeting Commentary

Others Have Said:
..FooD..	29-Apr-09 23:21:02 yeah... i dont mind obama. i think he's in a shit situation and is doing the best he can with what he has. I dont necessarily have an opinion on the plan, i figure its way too early to see if it will work or not, and frankly i think a more new deal type plan with government projects paid for, benefiting, and built by the american people may have been a better plan, but hey, i'm not running the country, and we still havent paid off the new deal. either way, i definitely agree that given the ungodly sums of money we give the federal government, we really should get more for our money. if any business had the unnacounted expenditures and lack of accountability/demonstratable results the US government has, their stock would be worthless in a week...

JustHerMind	30-Apr-09 1:37:24 Absolutely... I agree with much of what you say, FooD Frankly, any president now would have a tough time, but to say "it's Bush's fault" is absolutely inaccurate. The seeds of the current situation were sewn during Clinton's administration, and greatly exacerbated during the last four years: two of which were "controlled" by the Reps and two by the Dems. That is why I'm ready to throw them ALL out, and I MEAN it. However, this throwing trillions of "good money after bad money" seems like "doubling down" with a pair of 7's or 8's in blackjack when the dealer has an Ace showing- but again, it is the not only Obama, it is him PLUS 2/3 of the Congress. And, I WILL agree that ALL my congresscritters are part of that 2/3. I hope the majority of other voters are thinking similarly. However, what Obama (and Bush and Congress during the last 1/4 of '08) are doing are best described as Keynesian or Fascist - I'm not sure which is the best description, both fit - but either one has not had a very good reputation around my parts for at least 30 years. Don't know about yours. As for what the stock of the US government is worth: So much of the whole world is in similar straits, and the "investors" have to put their money somewhere, and that is probably WHY the stock of the US has not become completely worthless. About 2/3 of the world's economic production is from countries determined to commit hara-kiri for the last decade or two, and that trend is not decreasing. I'm not optimistic, for the first time in my life. We've got to find a way to get off this planet!

..FooD..	30-Apr-09 4:32:48 well, its facist in the sense that facists, in absence of a revenue generating/socially galvanizing war will commonly use public works to counter economic depression, but frankly, most facist regimes had a lot less fat to trim, were better organized, and had political structures better suited to decisive action, not that i'm condoning facism. but even if you believe the plan is basically on loan from mussolini, we're still not doing it as well. what FDR did worked because while it cost america a lot, it put money and jobs back into the economy. this is just throwing money, more or less taken on credit, to re inflate a system that collapsed due to its inordinate unrepaid loans and treatment of debt, even bad debt, as a saleable commodity. the real problem with throwing more money at it is, even discounting the inflation, you're just shifting it from private debts to national. we're just shifting around the cat litter to cover most of the crap rather than actually cleaning the litter box, so to speak, and until money is exchanged for goods or labor, we really haven't done jack to eliminate the bad debt, when the only solution is to find a way to shuffle things to where we can make good on it, as individuals or as a society.

frankyjay	30-Apr-09 7:34:58 Are ya still drunk ? :P Thankyou for relating that story on my blog yesterday...Kiss xxx :))

JustHerMind	30-Apr-09 19:15:10 Franky: sometimes I DO wish I was still drunk, but unfortunately I'm not! FooD: I agree with you that this is just tossing money around. I don't think that the "intention" is to inflate the economy, but it will - in spades - we're going to see Jimmy Carter inflation numbers within 5 years. But the WAY they are doing it is leading to something else in addition. The best description of FASCISM is that the government CONTROLS the businesses (the products they produce and how they produce them) but does not "own" them. What is occurring in more and more segments of the US economy is now coming more and more to resemble fascism. The government is attempting to control the auto ind. now, and the banking ind., and already is in control of a large segment of the housing industry. They are getting ready to grab control of 1/7 of our economy: the health care industry. If they manage to get control of the energy production industry, that will be another HUGE percentage of the economy. This, my friend, is FASCISM. .