Bigger questions: US elections and global economy

i just recently heard that Palin was quoted saying Obama has ties to terrorists!! WOW
She is right, he does. Just look up Bill Ayers. Obama hanging out with this guy would be the same as McCain having ties to Tim McViegh.

As for the initial purpose of the thread: the actions of the freshmen Republicans gives me some hope that the party might be returning to its fiscal conservative roots.
 
She is right, he does. Just look up Bill Ayers. Obama hanging out with this guy would be the same as McCain having ties to Tim McViegh.

As for the initial purpose of the thread: the actions of the freshmen Republicans gives me some hope that the party might be returning to its fiscal conservative roots.

Except that unlike Tim Mcveigh, Bill Ayers did not kill and maim hundreds of his fellow-citizens. And as Ayers was last active with the Weathermen over 30 years ago and served his jail time, does it matter that Obama happened to sit on the same local committee as Ayers for a short time? I know you poor conservatives are feeling pretty desperate right now, but try to retain some grip on reality, please.:rolleyes:
 
Anyone been watching the stock market today?

If you haven't, quick recap. Big rally. One of the DJ's biggest ever, in fact.

There's the rub. Markets recover from downturns--skyscrapers, on the other hand, don't magically rebuild themselves. A year or two from now the only sign that anything even happened will be a few dead banks here and there--in a world where businesses fail all the time anyway.

September 11th left two destroyed skyscrapers (something that does NOT happen every day!) and left a permanent mark on the American psyche. Whereas this "disaster" will be wiped off the map in short order.
 
I would like to state for the record that I haven't commented on (nor have any intention of) commenting on Moderator Actions.

Furthermore, this statement is not a comment on any Moderator Action (I'm fully aware of Forum Rules).
 
Actually, strike my previous post--the recent chaos in the financial markets demonstrates my point even better than the last one.

(No, I'm no longer reading the thread at this point)

On Friday we had the market go totally seesaw. Then a huge rally on Monday. Followed by another seesaw on Tuesday which ends with the Dow Jones only dropping 75 points.

Where's the crisis here, folks? Right now there's no way to see it. Whatever disaster was supposed to happen is being occluded by investors buying and selling like crazy in an attempt to get a step ahead of the market. The only disaster visible right now is peoples' reaction to what they THINK is going to happen.

That's a danger to be wary of. Your fear of a disaster could be the thing that produces one.
 
The markets only stabilized after a massive promise of aid from all over the world. So, it's unjust to just wave off the problem.
 
The markets only stabilized after a massive promise of aid from all over the world. So, it's unjust to just wave off the problem.

We're been saved! Thanks to the dynamic duo!:lol:
 
I'm not so sure the problems are solved yet. One economist, who actually predicted the financial crisis (ofcourse no one believed him), feels the crisis should just happen and be done with it. Now, politicians can'tlet that fly, ofcourse; they'd get crucified by their voters.

Apart from that, first to claim there isn't a crisis and now to be found cheering it's all over, seems a bit contradictory, to say the least. (And if someone doesn't even bother to read what's posted, why do we need to be bothered by that one's comments?
 
I dont think anyone is cheering that its all over anymore

(disclaimer: I never said it was but asked if it was)
 
Actually, strike my previous post--the recent chaos in the financial markets demonstrates my point even better than the last one.

(No, I'm no longer reading the thread at this point)

On Friday we had the market go totally seesaw. Then a huge rally on Monday. Followed by another seesaw on Tuesday which ends with the Dow Jones only dropping 75 points.

Where's the crisis here, folks? Right now there's no way to see it. Whatever disaster was supposed to happen is being occluded by investors buying and selling like crazy in an attempt to get a step ahead of the market. The only disaster visible right now is peoples' reaction to what they THINK is going to happen.

That's a danger to be wary of. Your fear of a disaster could be the thing that produces one.

The only thing we have to fear, is fear itself.

Catchy.
 
What's the Difference Between the Candidates' Health Care Plans?
Dr. Tim Johnson Outlines How Each Proposal Will Affect Your Family
By SUSAN WAGNER
Oct. 22, 2008

Forty-seven million Americans, most from working families, have no health insurance. With the fear of an economic recession looming, tens of millions of additional workers are worried about losing their health benefits if they lose or change jobs. The health care proposals of Sens. Barack Obama and John McCain reflect two very different ideas about health care.
Dr. Tim Johnson compares major differences between the two health care plans.

One-hundred sixty million Americans currently get their health insurance from their employers. Obama wants to expand the employer-based system, making it mandatory for many companies to offer workers health insurance. If they don't comply, they'll be required to pay a tax to help cover the uninsured.

"If you've got health insurance through your employer, you can keep your health insurance, keep your choice of doctor, keep your plan," Obama said in the final presidential debate. "The only thing we are going to try to do is lower costs so that those cost savings are passed on to you."

Obama's plan also requires that children under 18 be covered by their parents' insurance plans or other programs.

McCain wants workers to buy their own health insurance, saying he'd give every American family a $5,000 tax credit toward the purchase of a private policy. He'd also change laws to let consumers buy cheaper policies from out-of-state companies, in an attempt to deregulate the industry.

"I want to give every American a $5,000 refundable tax credit," McCain said during the second presidential debate. "They can take it anywhere, across state lines. Why not? Don't we go across state lines when we purchase other things in America?"

Under McCain's plan, if you get health benefits from your employer, you'd be taxed on the value as if it were income.

Under the Obama plan, if you can't get health insurance through an employer, you'd be able to buy a policy from a list of government-approved plans.

In essence, the Obama plan wants to increase employer-based insurance with government help while the McCain plan wants to push people into the private insurance market.

Critics of the Obama plan say it relies too much on big government, adding billions of dollars in health care costs to the federal government's bill. They say it will put a greater tax burden on some American companies.

With the $700 billion federal rescue plan and other stimulus packages going into effect, specialists say that both candidates' proposals will need to be scaled back and may prove difficult to put into action.

Experts say each of the candidates' plans will ultimately cost the federal government more than a trillion dollars over the next decade.


(Quoted from ABC News)
 
Obama made a promise he can't keep. There will be no national healthcare system.
 
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