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2009-01-27 Home Front Economy

The Road to Heck Is Paved with Good Intentions

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Posted by Sgt. Mom 2009-01-27 09:14|| || Front Page|| [4 views ] Top

#1 (Mods - can you add the pic of the two vultures? Ta -thanks, then.)
This story has barely made a ripple in mainstream news, but it looks to have the makings of an economic tsunami - and the MSM and our fearless pols are managing to heroically ignore it. The Bankruptcy Day website is here, and my own take on it here.

Posted by Sgt. Mom">Sgt. Mom 2009-01-27 11:04|| http://www.celiahayes.com]">[http://www.celiahayes.com] 2009-01-27 11:04|| Front Page Top

#2 One vulture pic, coming right up.

Posted by lotp 2009-01-27 11:25|| 2009-01-27 11:25|| Front Page Top

#3 This is one of a number of events that are going to occur in the not too distant future that will culminate in the repudiation of the Rooseveltian New Deal social contract and the establishment of a new one whose character is unknown. I would add the exhaustion of federal debt capacity, repudiation of obligations of unfunded government employee pensions, bankruptcy of medicare, nationalization of health care and defederalization of auto emission standards to the over-reaches of this model that will tip it into the ash heap of history. This is why I believe the Big O will leave office with comparisons primarily to Herbert Hoover.

Posted by Nimble Spemble 2009-01-27 11:44|| 2009-01-27 11:44|| Front Page Top

#4 You think he'll leave office, NS? Will he leave the way Bush did, or the way Putin has?

Lotp, in a grim mood this sunny cold afternoon

Posted by lotp 2009-01-27 14:42|| 2009-01-27 14:42|| Front Page Top

#5 I predict he will leave office like Hitler did. By his own hand with his country in ashes and his enemies closing in.

Posted by Abu do you love">Abu do you love 2009-01-27 14:54|| 2009-01-27 14:54|| Front Page Top

#6 NS, I swear his own historically illiterate supporters were rhetorically linking him with Hoover even before the election. Morons were marching around the nearby college town with "Obamaville" signs, not apparently having heard of Hoovervilles.

Posted by Mitch H.">Mitch H. 2009-01-27 15:31|| http://blogfonte.blogspot.com/]">[http://blogfonte.blogspot.com/] 2009-01-27 15:31|| Front Page Top

#7 I suspect that Barry, while facile and intelligent, really is a bit of any empty suit. I expect him to leave office alone like Bush and I hope with class as did Bush, but without Bush's inner confidence that he did the right things, without the support of any of those who put him in the job, and ultimately confused as to why things turned out this way, much as Hoover did.

Posted by Nimble Spemble 2009-01-27 15:33|| 2009-01-27 15:33|| Front Page Top

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