Welcome to PatsFans.com

Credit Card Bond Sales at Zero, First Time Since 1993 (Update1)

Discussion in 'Political Discussion' started by weswelker#83, Nov 6, 2008.

  1. weswelker#83

    weswelker#83 Rookie

    Joined:
    Dec 13, 2007
    Messages:
    4,535
    Likes Received:
    8
    Ratings:
    +8 / 0 / -0

  2. NEPatriot

    NEPatriot Banned

    Joined:
    Dec 14, 2004
    Messages:
    7,839
    Likes Received:
    11
    Ratings:
    +11 / 0 / -0

  3. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

    Joined:
    Sep 13, 2004
    Messages:
    18,479
    Likes Received:
    145
    Ratings:
    +307 / 0 / -3

    #75 Jersey

    Back up the statement. You have nothing.
    Last edited: Nov 6, 2008
  4. weswelker#83

    weswelker#83 Rookie

    Joined:
    Dec 13, 2007
    Messages:
    4,535
    Likes Received:
    8
    Ratings:
    +8 / 0 / -0

    We can fix the mess, but it will take maybe more than 4 years.
  5. reflexblue

    reflexblue PatsFans.com Supporter PatsFans.com Supporter

    Joined:
    Aug 11, 2006
    Messages:
    17,244
    Likes Received:
    13
    Ratings:
    +21 / 3 / -0

    #91 Jersey

    If it weren't for the mess were in now. I think it would be GOOD thing. One of the reasons were in this mess were in now is because of consumer debt. Fueled by the unbridled use of credit cards.
  6. PatriotsReign

    PatriotsReign Rookie

    Joined:
    Jan 15, 2007
    Messages:
    25,880
    Likes Received:
    85
    Ratings:
    +193 / 3 / -10

    To a large extent, NEPatriot is right. No American president has ever "fixed" an ailing economy in our modern history. and in today's world economy, that will be an even more difficult task.

    I think the best we can hope for is to minimize the number of people who really suffer be implementing policies that extend unemployment benefits, create infrastructure jobs and the like.

    Do you actually believe Obama or the federal gov't has ever had the ability to fix recessions? If we did, we'd never have recessions. But in a capitalistic system, we actually need recessions to correct imbalances...just not ones as bad as this looks.

Share This Page

unset ($sidebar_block_show); ?>