
09-27-2008, 09:37 AM
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Registered User
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Join Date: Aug 2004
Location: Midwest
Posts: 559
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A few thoughts...
Recession. I suspect we're in one already. And frankly, even if we are not, a recession isn't such a bad thing - once inawhile. It's sort of like a forest fire. Forest's need the occasionaly forest fire to eliminate all the dead branches, leaves etc, that have accumulated. By not doing that occasionally - in a controlled, quick fashion, you run the risk of having a massive fire eventually. So, bottom line, recessions are unpleasant, but controlled one is needed once in awhile.
$700M bailout. I hear you all about holding folks accountable. And I agree with that. My question is, if we don't do this. What do we do. Just let the crashing finish? I'm not a economics person, so I don't know how 'bad' it could get, or what 'bad' would really mean. But I suspect we need to do this. I think. Again, one good - overlooked thing - is that I think this problem is stopping the massive out of control home building on farm and woodland, while leaving older houses empty. Maybe this will fix that problem.
Lil's dungeon. Leather. Definitely leather.
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