You don't pay for a war with tax cuts for the wealthy

Current Events » in reply to This whole mess started with $4.00/gal gas and $5.00/gal diesel.

You don't pay for a war with tax cuts for the wealthy

E.P. — 5/12/2009 10:28:49 PM (archived)

The oil price rise was just the pin that punctured the bubble caused by the money W. printed to finance the war.

The chain:

Oil up, retail down, employment down, homes down, leveraged CDOs....

But the other thing is fear, and consumer confidence. Velocity right now has to be way low.

We're in a deep hole, and it will take a lot of work to get out of it. But work means jobs.

The whole thread (32 posts)

Will GM Bankruptcy really Tank the ECONOMY? - carl - 5/11/2009 7:32:16 PM
- It doesn't look good. - ER - 5/12/2009 2:11:34 AM
  - re: It doesn't look good. - TB - 5/12/2009 4:26:34 AM
    - You may very well be right. - ER - 5/12/2009 10:43:05 AM
      - re: You may very well be right. - TB - 5/12/2009 5:20:17 PM
        
        So who actually shot JFK? - ER - 5/12/2009 6:29:48 PM
        
        Smoke from the correct smoking gun... - alcaray - 5/12/2009 9:58:07 PM
        
        Back to the fog - TB - 5/12/2009 7:04:01 PM
        
        I offer the olive branch - ER - 5/12/2009 8:32:56 PM
        
        No compromise, no negotiation, my-way-or-the-highway. (n/t) - Bowser - 5/12/2009 11:25:07 PM
        
        olive branch? - TB - 5/12/2009 11:07:34 PM
        
        re: olive branch? - ER - 5/13/2009 12:57:20 AM
        
        re: olive branch? - TB - 5/13/2009 3:01:53 AM
        
        re: olive branch? - ER - 5/13/2009 10:32:35 AM
        
        "Reasonable thinkers" - TB - 5/13/2009 5:14:39 PM
        
        It wouldn't have ended like this in a sports bar. - ER - 5/13/2009 6:10:42 PM
        
        re: It wouldn't have ended like this in a sports bar. - SDAI-Tech1 - 5/13/2009 6:40:21 PM
        
        I get to be Frank Gorshin - TB - 5/13/2009 9:21:28 PM
        
        â€œA critic is someone who never actually goes to the battle, yet who afterwards comes out shooting the woundedâ€ - ER - 5/13/2009 6:52:27 PM
        
        No one wants me to come to battle. - SDAI-Tech1 - 5/14/2009 12:46:18 AM
        
        I thought you were going to say it was from Stoker or Wilde or someone. - alcaray - 5/13/2009 10:51:39 PM
        
        I liked the quote. - ER - 5/14/2009 12:38:45 AM
        
        I liked it too. - alcaray - 5/14/2009 1:40:41 AM
        
        Woah! - alcaray - 5/14/2009 1:47:47 AM
        
        I vant to dlink yor blahd. - ER - 5/14/2009 2:01:40 AM
    - Have you ever looked into the causes of The Great Depression? - Bowser - 5/12/2009 7:08:32 AM
      - German default - E.P. - 5/12/2009 10:23:33 PM
      - This whole mess started with $4.00/gal gas and $5.00/gal diesel. - Lee - 5/12/2009 11:56:01 AM
        
        You don't pay for a war with tax cuts for the wealthy - E.P. - 5/12/2009 10:28:49 PM
        
        EVEN Far Back as 1973 - carl - 5/12/2009 4:43:26 PM
        
        Gas is creeping back up...notice? - Lindy - 5/12/2009 4:51:58 PM
        
        Seasonal RIP-OFF! - carl - 5/12/2009 6:36:15 PM

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