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"ECON. REPORT CARD"..... All of these bloated misconceptions....

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liberalitch Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-11-06 08:55 AM
Original message
"ECON. REPORT CARD"..... All of these bloated misconceptions....
and misrepresentations have me so mad I'm finding it difficult to think clearly.
....I feel like I could puke too.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-11-06 09:10 AM
Response to Original message
1. All that increase in tax revenues from the rich means
is that the rich are getting richer faster and faster.

Meanwhile, NBC is chirping that the foreclosure market is a happenin' place for homebuyers and that a third of the 40% of mortgages that are ARM are going to go way up this year and that the foreclosure market will be a wonderful place to go look for a new house.

She then burbled about how you can bang on the door of a house in foreclosure and tell the people who are losing their home you need to inspect it.

Well, I guess it'll cut down on the competition for that particular property.

Jaysis. What a country.
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-11-06 09:13 AM
Response to Reply #1
2. Lots of foreclosures is a good thing! :-)
Lots of chronic unemployment is a good thing! :-)

Lots of losses in median wage is a good thing! :-)

Lots of zeros on the end of the deficit number is a good thing! :-)

Lots of trade deficit is a good thing! :-)


Our "booming" economy has LOTS to offer!


FUck these lunatic capitalists and the bankroll they rode in on.
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-11-06 09:16 AM
Response to Reply #2
3. The wealthiest 1% LOVED the Great Depression.
Fire sale. Bargain basement. Cheap labor.
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liberalitch Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-11-06 10:58 AM
Response to Reply #2
4. It is unfortunate.... But I'll tell ya one thing....
...At election time it will be a good thing (Fingers crossed)....
It gives new credence to the campaign slogan that Newty G. suggested that Democrats use: "Had enough?"
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