The money which the war might have generated for increased US production is just going to rich corps which outsource it all to foreign workers.

This war can’t even generate jobs.

Total failure all the way around . . .

BTW, MrBill, idiotic.

Pure idiocy. 2 billion a week is not a “dust up.” If it is, then, YOU pay it.

I tend to agree sol BUT …

(a) How about the effect on neighbors with all these boaredd-up houses? I think we might be better off trying to salvage them.

(b) I think in some cases there is evidence of fraud and misrepresenattion on the part of mortgage brokers. In those cases I think we should help the homeowners.

Hell YES. If you play wit fire, you might get burned. Let them.

sounds harsh, but goes for the home “owners” too. Don’t buy what you can’t afford.

Just a fart in the wind compared to the size of the US economy. Yes, even during this little hiccup we are having with the subprime scam.

If we would smarten up we would allow some of these big mortgage banks like Bear Stearns to go tits-up. Let them understand we are not going to float them anymore. A few hundred thousand unemployed bankers in New York City is of no concern to the rest of the country. Might be good for their attitude anyway.

Could it be cause we buy all our $hit from China?

A Saudi oil source said on Friday Saudi Arabia had trimmed its output by about 200,000 bpd to 9 million bpd.”
When demand decreases they’ll just regulate the supply.

Of course the Bush regime said the war wasn’t going to cost anything over $30 billion and that would be paid for by all the oil we got from Iraq. Republican shills denounced anyone who said anything different as supporters of terrorism who wanted to keep Saddam in power, and the corporate media went along with hardly any skepticism.

Now we reap the seeds of Republican economic and foreign policy with a national debt that would shock even Reagan. But the contracts to overseas companies continues and continues and is promised another four years with McCain.

Now of everyone interested in the U.S. and China’s relationship, it is Wal-Mart. If the relationship goes sour. They have no one to turn to that could be a back-up in time to provide the goods to keep the company from going under. The Columbia trade deal seem the best one so far, the rest seem more to enable this country to go further into a Consumer based economy. This topic is a good example of why without the use of the American manufacturing and American companies to provide service in a war. That it does no good to have the war.

duh