Dildozer

Unfortunately, seems like "terrorists" will cause havoc, America will declare war on some other country and voting against Bush will be "anti-american"

You'll see

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cluck

What better way to destroy america then get bush elected as president?

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zzgundamnzz

Wherever it is I hope its not in my area...

LA has alot of landmarks.

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Psytonic

well I don't know about America but I don't think there's an apparent terrorist threat to Australia at the moment. But hey I think an attack could happen at anytime, when you least expect it

Dildozer

Now i need to know is how do you think this will affect interest rates?

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Carlito

It is a 100% FACT that re-electing BUSH, will ensuure that interest rates hit, and stay at all time lows (lower than they have) - The economy right now is stronger than it has been in some ten+ years, its just transparent to alot of people right now, they don`t see it in everyyday life, but the long term is solid.

Also, re-elect Bush and stop being a treehugger, and watch gas prices hit record lows as well.

Carlito

Also, an extremely respectable source of facts to back my opinion:

www.walterwilliams.com - read some of his essays, my favorite Black man ever.

serious

i could see it happening..

happened in spain no?

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Ash@phpFX

why do you think that?

btw where in australia are you?

Carlito

Also heard from some academics that Australia would be prime for China to take over in the next century, to combat their screwed up society.

mastamind

i could see something like that hapening that would be crap

Dawgy

im sure bush will have the terrorists attack again, then magically they will find bin laden, and bush will get re elected. its a great plan, just wonder if he can cover it up.

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SuckOnThis

I want some of the drugs you're on.

gornyhuy

Gas prices are the highest they've ever been in history. You think Clinton did that?

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Carlito

www.walterwilliams.com - Along with a nice dose of logic every now and then.

jacked

yea if he had control of this country for another four years who knows what will happen... look what he's done this term

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Carlito

Actually genius, they are exactly the same price they were in the 1950's - relative to the economy, GDP, etc.

Look it up.

Carlito

They counted the votes numerous times, and had numerous results, and - after including alot of " lost " votes, along with the guys that weren't present for whatever reason, it leveled off, plus the actual electoral votes came from other states to make up for these problems.

Carlito

Also, due to Environmentalist issues (clinton), two important refineries in California are shut down, slowing the entire process.

Lane

Gas prices move based on OPEC's decisions on production levels.

What does that have to do with the US economy?

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Liberty

you must be french?

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Carlito

I was answering someone elses GAS question.

Carlito

I almost moved to Costa Rica, how is it there?

FlyingIguana

bs, the democrats will show their own way of dealing with terrorism while hammering away at what bush did wrong.

reynold

Is it too much too wish for a peaceful election?

ehulk81

yup i agree

cherrylula

This terrorist bullshit is all lies.

Why hasn't there been a major attack on Los Angeles yet?

I fucking live here and if some crazy arab wanted to kill a bunch of people at once he could pull it off here in Los Angeles with no extra effort.

I call bullshit, until Universal City is up in flames its all a fucking joke.

SuckOnThis

Everything about this statement is complete bullshit.

Interest rates are not going to stay at an all time low, or even lower as you say with Bush. Everyone already knows they are going to raise the rate 1/4 percent in the near future. The federal reserve controls the interest rate, not Bush.

WTF are you talking about that the economy is better than its been in 10 years? Where the fuck were you 5 years ago?

When Bush took office gas prices were below $1.50 a gallon, now they are over $2.00 a gallon. So what kind of twisted logic are you using saying with Bush they will go to an all time low? And whats your idea of 'all time low'? 15 cents a gallon?

Carlito

Interest rates went down because of the strength of the enconomy, do you remember the major jumps in the stock market following the election? Then, of course, it all leveled off looking not so well for a long time, I was hearing everyday that " Nasdaq dropped 7 points today " But then, suddenly, not too long ago I started hearing increases, its because of the economy, which is influenced by lower TAXES, because when Americans have more money left out of their paycheck, they spend it, and that helps the economy. When small businesses are paying less taxes, they hire more people, or otherwise restructure and things improve, also helping the economy (trickle down), this is why the Federal Reserve could help the rates, because the economy is stronger. Believe it or not, the government also makes more tax money when this happens, because of sales taxes.

Like I said, the economy is better in transparent ways, that people like you will not see.

They will go to an all time low WHEN Bush's plans to drill in the permafrost of whatever the fuck that is in Alaska, or, is removes the EPA bullshit enough to establish producing oil rigs off the coast of California, thus lowering the need for foreign oil, and thus lowering the costs, and blah blah blah, figure it out.

rickholio

I'd love to view that site... unfortunately it seems to go to some sort of bizarre framed up search engine thingie that makes my popup blocker scream.

Call me skeptical, but I find it dubious that there'd be any fiscal wisdom coming from a site that feels it necessary to jam a bunch of popups onto my screen and, when failing, falls back to a 'search engine'.

However, as you seem to be completely enamoured of this particular pundit, perhaps you can enlighten us on how the economy is stable when:

- People's average savings rate is less than 2% (that's AVERAGE, mind you, not median... meaning there's a whole lot saving less, and probably NONE, to offset the richer types who can afford to sock it away)

- The average citizen is in debt up to his eyeballs, with the average personal debt nearly that of GDP, and climbing. A whopping 42% either don't pay, or make minimum payments, on their outstanding CC bills.

- A realestate bubble exists that is built on top of very low interest rate loans to the aforementioned average citizens who're in debt to finance those homes, many on razor-thin margins of comfort beyond the loan payments, such that an increase to interest rates would cause foreclosures and bankruptcies on a major scale.

- That the treasury has been printing greenbacks like a madman and selling them to foreign banks to help cover the massive trade imbalance, and that interest rates will have to rise to ward off inflation when those foreign banks reach the limits of their tolerance for absorbing these debt tickets in lieu of actual trade. Rember that all those dollars are cheques, and one day those foreign banks will come calling to cash those cheques.

Right now, things are crappy but obviously could be a lot worse. I do not, however, share your optimism in the future of the USD as a solid currency under the current situation. I would be much more enthusiastic if the following policies were put in place:

- Balance trade. This is probably the biggest issue to affect the country overall. The mindless consumption has to come to an end before the whole game torques itself into a hyperinflationary spiral.

- Give people incentives to save some money and not mortgage their lives away on frivilous and useless bullshit. Raising interest rates would be a good way to do this, but with obvious bad results given that most people are in debt to the teeth right now. In any event, the current trend of spend spend spend before you earn is A Bad Thing(tm) and will come to an ugly conclusion.

However, as neither of those situations seem likely at the moment, I'll put more of my faith in the Euro, Yen or Renminbi.

I will say that there's a certain amount of truth to the Bush = Low Interest Rates scenario you suggested. If you look at the Fed's actions in the past, he's generally cut interest rates for republicans, increased them for democrats. Whether or not he does that because he's politically motivated or because the fiscal policies in place at the time demand his action is a matter of debate, but traditionally GOP = Low interest rates (for good or ill).

rickholio

Gas prices are, indeed, quite low if you look at it in inflation-adjusted dollars. Here's a graph of inflation-adjusted gas prices from the dept. of energy:



Yes, the recent upswing in gas prices is unfortunate (particularly in a time of fierce fiscal hardship for most average people), but really the $2/gal thing is just a psychological barrier that's being naturally crossed as inflation does its thing.

Rich

I don't think Americans are as stupid as CNN tells them they are. Another terrorist attack won't make the masses flock to Bush in some sort of blind daze like the media is saying they will. The people realize Bush is incompetent and putting them in more danger every day, and another attack would only prove that more. I don't think even bringing out Bin Laden can save this sinking ship.

John Kerry is the next President of the United States, like him or not you'd better get used to him.

kmanrox

it's quite to the contrary... if we get terrorized then bush will get voted out of office even quicker than he already is

on more selfish perspectives, hopefully ashhahahahaha will be leaving with him!

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Rich

I don't even know where to start. As long as you're happy with your intelligence level, I guess that's all that counts.

I love the record low gas prices Bush is giving us these days at the expense of the environment and stability in the middle east. Did I say record low? I meant record high. Well, I guess it takes 2 terms to actually see ANY results, right? That's always the Republican excuse, the world sucks when we're in power because of the democrats, but the peace and prosperity of the Clinton years was our work. Shit these guys should stop being so generous and FOR ONCE reap the benefits themselves, because every time a Republican takes the office, the US goes to complete shit. Fucking democrats.

Everyone's in love with Reagan this week, remember how that stupid bastard spent trillions on nukes but zero on aids? And he's the best of the bunch.

rickholio

Which reminds me of a sig I've seen...

"All I know about the bush administration is that under Clinton I had a JOB."

The economy may be doing okay for the rich assmonkeys who have complete mobility and can abandon the sinking ship when it starts to tank, but seems to be doing very little for the increasingly marginalized 'little guy' who feels privilaged to hold down an $11/hr job after pushing himself into $30k of debt to get a degree.

Wal-Mart part timers may count as 'employed' on the charts, but it's hard to feed a family on the miserly stipend they dole out... even harder after they enforce mandatory 'contributions' to various organizations they deem worthwhile.

pure energy

Not Bush again, please!

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SuckOnThis

Great fuckin post dude.

slackologist

100% fact.. hahahahahhahahahahhahahahah.

nofx

terrorists might do something to the g8 summit that is today on June 8th.

I kinda hope something does happen :x its all about the worlds wealthist nations anyways. Britain, Canada, France, Germany, Italy, Japan, Russia and the United States. they invited egypt, but they delcined.

http://www.g8usa.gov

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Entropy

Looks like the prices dipped during Clinton's administration and started rising during Bush's...

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=^..^=

If theres another attack his ass will get kicked hard for not setting up enough prevention and for fueling a war which has enraged more peopel than it's pacified

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EviLGuY

That could very well happen.. I dont believe anything is too far fetched when it comes to Bush anymore.

Can you imagine how much more damage he could do in 4 more years if re-elected?

FlyingIguana

economy is strong? shit is about to hit the fan over the next 12 months or so. it could begin with a big currency drop which can cause a market crash. high inflation with low growth is a possibility and if something bad does happen there's really nothing to turn to in order to help the economy.

interest rates dropped because of the weakness in the economy

mardigras

War is good for the economy overall even if the average person doesn't reap it's benefits... not to mention someone has to build the stuff to replace what we've exhausted over there.

All of the people (including high level cabinet members) who say an attack is coming must be lying because GW said at the Air Force Academy the other day that because of their actions America is much safer today than before.

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NBDesign

IMO.... if we get hit again... the american people should see that as a sign of FAILURE on the part of the president... not an accomplishment and not support him and re-elect him.

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alexg

not really...
the spanish cowards elected another leadership BECAUSE of the terror attack

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EviLSuperstaR

Al-Qaeda wants Bush to win the elections of course. Bush's incompetence has boosted Al-Qaeda recruitment and now the inefficient war on terror with an Iraq invasion has made Al-Qaeda stronger than ever before.

Thanks Bush, you chickenhawk asshole...

Goose

it's always the same...the good guy, bad guy scenario

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Daisy

I would think that would cause him to lose the election. In Spain it knocked the powers out. Are people want to feel safe and an attack would prove he failed.

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Rick Latona

I agree with this statement.

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