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Why Rush is Wrong Why Rush is Wrong
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Old 03-08-2009, 06:33 PM   #1
pocketkangaroo
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Why Rush is Wrong
This is written by a conservative writer. Probably one of the best pieces on the Republican Party and the conservative movement I've read in awhile.

http://www.newsweek.com/id/188279
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Old 03-08-2009, 06:37 PM   #2
EscortBiz
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right now it looks like there will be a total collapse of the dollar, nothing matters anymore
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Old 03-08-2009, 06:41 PM   #3
pocketkangaroo
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right now it looks like there will be a total collapse of the dollar, nothing matters anymore
How so? Other currencies are in much deeper shit than us at the moment.
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Old 03-08-2009, 07:10 PM   #4
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Great article by a fellow Canadian.

Thanks for the heads up!

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Old 03-08-2009, 07:20 PM   #5
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Originally Posted by pocketkangaroo View Post
How so? Other currencies are in much deeper shit than us at the moment.
I agree, many people are ignoring how relative the situation is because they're only focusing on the domestic economy. We're in the pits, but so is the rest of the world. When we recover, they recover. Without us recovering, not only are we in dire straits, but so is the rest of the world. This isn't to say that a time will come when another nation or group of nations will be able to supplant America and America's role, but I don't think that time is now or in the near future.
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Old 03-08-2009, 07:40 PM   #6
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Originally Posted by pocketkangaroo View Post
This is written by a conservative writer. Probably one of the best pieces on the Republican Party and the conservative movement I've read in awhile.

http://www.newsweek.com/id/188279
Not even clicking the link.
My view on Rush is that he's a nut job on crack
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Old 03-08-2009, 07:42 PM   #7
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who's having a drink
wrong thread
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Old 03-08-2009, 08:06 PM   #8
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Good article.. Too bad few repubs will take it to heart...
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Old 03-08-2009, 08:08 PM   #9
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Originally Posted by Mike33 View Post
I agree, many people are ignoring how relative the situation is because they're only focusing on the domestic economy. We're in the pits, but so is the rest of the world. When we recover, they recover. Without us recovering, not only are we in dire straits, but so is the rest of the world. This isn't to say that a time will come when another nation or group of nations will be able to supplant America and America's role, but I don't think that time is now or in the near future.
The euro zone is in better shape then as a debt to GDP ratio. The BRIC countries are in a lot better shape then us. We are seeing the cracks this morning in the t-bills. Should be an interesting week.
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