****Re: Geek/Tech/Entrepreneur Stuff to do in PHX
Lyle Tuttle
L.tuttle at cox.net
Sun Aug 2 22:42:58 MST 2009
>The National Debt went from less than 2 trillion to over 10 trillion
>under Bush.
Uh, actually, it was $1.3 trillion........at least, it WAS after the
TARP and BEFORE Obama.....
>There's no suitable prediction for what the net effects of Obama's
>efforts will yield. The destruction of the world economy and a
>depression perhaps larger than that experienced in the 1930's was
>probably if the government had not stepped in and propped up some of
>these companies.
Ummm, I'm not an economist, but most of them say differently....
>If you have an argument to make about that, by all
>means make one. The fact is we printed money to fight an expensive war
>in Iraq that we couldn't afford and pumped up the economy on a false
>housing bubble that burst because there was no oversight over the
>lenders and the bundling of the loans. I personally lay this at Bush's
>feet.
Perhaps you should take a look at this video -- it might help refresh
your memory:
http://www.youtube.com/watch?v=cMnSp4qEXNM&NR=1
lyle
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.PLUG.phoenix.az.us/pipermail/plug-discuss/attachments/20090802/a34ff668/attachment.htm
More information about the PLUG-discuss
mailing list