Are we a nation of whiners?

[deadbeater]

With the Paris Hilton tax cut, Bush did more than enough already.

[tw]

Originally Posted by deadbeater

With the Paris Hilton tax cut, Bush did more than enough already.

July is the next time that a wave of sub-prime rates increase sharply. Therefore another wave of loan defaults is expected. Numbers suggest that 30% of Freddy Mac and Fannie Mae loans are in default. Numbers like $30billion defaults have been suggested.

When government 'fixes' an economy with free money and corporate welfare, then economic forces take revenge four and more years later. Welcome to an economy manipulated with massive government deficits, tax cuts to the wealthy, corporate welfare, and Enron style accounting. Coming soon is the part where economic forces take revenge.

Nothing new. This was predicted in Jul 2006 with the usual responses. Which is your favorite paranoid fantasy? Today's problems were seen when? July 2006.

Read those posts. Notice what was absurd then is reality now. These economic problems were apparent years ago when others were instead hyping the George Jr economy and his myths. For example, you were warned what tax cuts without spending cuts do. Now we begin to pay for an economic boom based in money games rather than from product innovations.

So what do politicians do? Hype another myth about whiners. We got some major financial problems because Cheney said, "Reagan proved that deficits don't matter." Guess what.

[lookout123]

Originally Posted by deadbeater

With the Paris Hilton tax cut, Bush did more than enough already.

And what exactly does that mean to you?

[deadbeater]

Originally Posted by lookout123

And what exactly does that mean to you?

A rise in property taxes in this state.

[TheMercenary]

Originally Posted by deadbeater

A rise in property taxes in this state.

They are cutting all kinds of state programs here left and right to make up a 1.2 billion shortfall. The most obvious places we are seeing it is in the state parks and wildlife programs. Some social programs are being cut as well.