Topic: What are your ......
no photo
Sat 05/31/08 12:10 PM
Im surprized no one has blamed the war in iraq!!huh

No1sLove's photo
Sat 05/31/08 12:11 PM



A recession is a result of a combination of different things... difficult to place the blame on one specific element
I'm no economist here, but think that a lot of those things were the domino effects of leaving the gold standard.
Yes!!! The dominoe affect!!! But there has to be a start to the dominoes........who or what would that be?huh
Well, I understand that leaving the gold standard was a means to feed the economy to pull out of the depression, but since then fiat money only deflated the value of our bills more and more as time goes by. I feel that having returned to the gold standard at some opportunity after the immediate threat had passed would have preserved the value of our dollar, keeping factories at home, and Walmart stocked with American made products at competitive prices. A stronger economy, job security and fewer built in taxes overall could only be a good thing, right? drinker

no photo
Sat 05/31/08 12:14 PM




A recession is a result of a combination of different things... difficult to place the blame on one specific element
I'm no economist here, but think that a lot of those things were the domino effects of leaving the gold standard.
Yes!!! The dominoe affect!!! But there has to be a start to the dominoes........who or what would that be?huh
Well, I understand that leaving the gold standard was a means to feed the economy to pull out of the depression, but since then fiat money only deflated the value of our bills more and more as time goes by. I feel that having returned to the gold standard at some opportunity after the immediate threat had passed would have preserved the value of our dollar, keeping factories at home, and Walmart stocked with American made products at competitive prices. A stronger economy, job security and fewer built in taxes overall could only be a good thing, right? drinker
I think we need to think about using our own natural resources for food and fuel etc......its already starting but you have to think locally........no more exotic fruit from thailand etc.....

no photo
Sat 05/31/08 12:17 PM
As a small start to the dominoe effect.......

no photo
Sat 05/31/08 12:18 PM
Edited by Starsailor2851 on Sat 05/31/08 12:22 PM
A recession is a phase of a normal economic cycle. Peak, Recession, Troph, Recovery. One of these processes equals one economic cycle. The periods it take to complete each always fluctuate and are never the same. We are currently in the recession, we will hit the troph, and then we shall enter recovery, until the peak and the process starts over again.

There is Macroeconomics 101.

no photo
Sat 05/31/08 12:20 PM

A recession is a phase of a normal economic cycle. Peak, Recession, Troph, Recovery. One of these processes equals one economic cycle. The periods it take to complete each always fluctuate and a never the same. We are currently in the recession, we will hit the troph, and then we shall enter recovery, until the peak and the process starts over again.

There is Macroeconomics 101.
Thanks for the info.......but I dont see the blame laid anywhere here.......and Im wanting to blame someone besides the 2 bald bobs soooooooooooo ?huh

Fanta46's photo
Sat 05/31/08 12:30 PM
Edited by Fanta46 on Sat 05/31/08 12:36 PM
Three things IMO,

1- A large trade deficit which has weakened the dollar.
2- A Costly war initiated by bad policies and compounded by even
worse economic policies which have increased the National
debt to historic levels. Someones idea of a quick fix is
to simply print more money, and give large tax breaks, which
further weakens the dollar, and causes them to print more
worthless money.
3- A stock market driven by emotions and fear based greed
rather than common sense.


Oh, and Canada!!laugh laugh laugh

No1sLove's photo
Sat 05/31/08 12:32 PM

Three things IMO,

1- A large trade deficit which has weakened the dollar.
2- A Costly war initiated by bad policies and compounded by even
worse economic policies which had increased the National debt
to historic levels. Someones idea of a quick fix is to
simply print more money which further weakens the dollar.
3- A stock market driven by emotions and fear based greed
rather than common sense.


Oh, and Canada!!laugh laugh laugh
Nice happy flowerforyou (((Fanta)))

no photo
Sat 05/31/08 12:35 PM
About time you showed up!!! But now I have to leave!!frown

no photo
Sat 05/31/08 12:35 PM
I also blame GLEN AND THE 2 BOBS!!!bigsmile drinker

Turtlepoet78's photo
Sat 05/31/08 12:36 PM
Basics of governing dynamics, when you do what's best for yourself without regard for the team, the team loses;^]

scarlets's photo
Sat 05/31/08 12:37 PM
i will be honest i struggle as a single guy in the uk and on a small wage, the government has done nothing for me, so why should people vote!

Fanta46's photo
Sat 05/31/08 12:37 PM

I also blame GLEN AND THE 2 BOBS!!!bigsmile drinker


Work?

(((No1sLove)))flowerforyou flowerforyou

dicimus01's photo
Sat 05/31/08 12:39 PM


A recession is a result of a combination of different things... difficult to place the blame on one specific element
I'm no economist here, but think that a lot of those things were the domino effects of leaving the gold standard.
Nixon

madisonman's photo
Sat 05/31/08 12:50 PM
the leading culprit is gas prices. when we take our excess income and put it in thegas tank we dont spend it on other things like a night out on the town or new clothes or a new patio set

madisonman's photo
Sat 05/31/08 12:57 PM

the leading culprit is gas prices. when we take our excess income and put it in thegas tank we dont spend it on other things like a night out on the town or new clothes or a new patio set
On aside note how much the rise on gas prices are related to the war in the middle east is anyone guesse I would think it is substantial, now its time to hop on my mower and burn five bucks worth of gas cutting the grass, well 4.00 bucks at least

Quikstepper's photo
Sat 05/31/08 01:31 PM
I blame the globalists & the politicians who voted for these one sided trade agreements. It's choking our jobs, our wealth & everything else.

We should also be supplying our own oil first & let Japan buy from Canada & Mexico. Energy prices are going through the roof while neither party does a darn thing about it.


Lindyy's photo
Sat 05/31/08 02:17 PM

thoughts on recession??? Do you blame your government? The almighty dollar? Who do you blame for the lack of funds for things like education and healthcare and basic food?huh


I simply call it "Murphy's Law". Sooner or later, SOMETHING is bound to happen no matter how hard and diligent you are to deter it.

cutelildevilsmom's photo
Sat 05/31/08 08:45 PM
I blame Lindyy ....laugh

damnitscloudy's photo
Sat 05/31/08 08:57 PM
I blame Gypsy's unicorn hair laugh