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Home » News » Business

Thursday, January 1, 2009

ANALYSIS: Long-term view key to recovery

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Jaeger

Stuart Butler for President! :) Unfortunately, in DC, Mr. Butler's ideas fall on infertile ground these days. The ruling party leadership's groupthink is that America needs to go for a quick fix. Some of the politicians want this in order to be seen as doing something by their constituencies. Others like these stimulus and bailout plans because they present excellent opportunities to surrepticiously lard up the spending bills with large quantities of pork with which to secure more political campaign contributions and buy off members of the electorate with goodies. Mr. Butler's ideas are very good ones, but our leaders labor under the delusion that a quick fix exists for this real estate meltdown, when, in fact, there is none. This is like thinking that thinking that a doctor can heal a victim with a serious head or back injury by simply giving them a painkiller, when for their long term recovery, only radical, intense therapy over time will return them to full health.
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Clydesdale

One has to wonder if democrats and liberal republicans are truly so ignorant as to throw (spend) money at this problem, or are they looking to further collapse the economy so that government (they) can take over more of the economy? Are they that sinister or that stupid? Socialism has never worked...
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