http://www.youtube.com/watch?v=lNS8IY_Td14

tracks never have much to say about a pitch like this one.
No partisan relevance, whether you like Beck or not is the issue, the issue and the point is the information being presented. Not asking if you agree....or who do you think is the blame (usual responses!).

I know it is difficult for some...what do you think of the issue being presented. I am sort of amazed at the lack of any response to the post....but then again....ah never mind.

BTK

Originally Posted by bobfl

http://www.youtube.com/watch?v=lNS8IY_Td14

THAT was not only an amazing presentation but a scary one !

I was going to say "unreal" but so sad it really is REAL!!!

such as the one presented gets no response from the usual vociferous participants that frequent this forum.
I admit the subject is sobering and could leave one speechless.

It so emphasizes the magnitude of the existing problem (for years...and party insensitive)...as well as highlighting the fact that more of the same is not a solution......presented when we are on the eve of a spending and print more money spree, more aggressive and massive than any point in time in history....

And no commentary...

BTK

...over the dramatic increase in the national debt. What's missing of couse, is any discussion of what alternative might exist. Becks says that this approach has never worked before. But, I don't think we've ever faced a financial crisis of this magnitude before either. Certainly he's not suggesting that we should do nothing and simply let the economy do it's thing, is he?

And I agree with Bucco. This whole situation is really scary. Scary because the debt we're running up won't be repaid for decades. And scary because our system of capitalism has failed us and now the only apparent way to address the financial problems is with massive government intervention. Intervention in a way that if anyone wants to be truthful about what's happening, it has to be called nationalizing various industries. We've started down a very slippery slope that will be hard to get back to the top from. Scary. There's no better word really.

Originally Posted by Villages Kahuna

...over the dramatic increase in the national debt. What's missing of couse, is any discussion of what alternative might exist. Becks says that this approach has never worked before. But, I don't think we've ever faced a financial crisis of this magnitude before either. Certainly he's not suggesting that we should do nothing and simply let the economy do it's thing, is he?

And I agree with Bucco. This whole situation is really scary. Scary because the debt we're running up won't be repaid for decades. And scary because our system of capitalism has failed us and now the only apparent way to address the financial problems is with massive government intervention. Intervention in a way that if anyone wants to be truthful about what's happening, it has to be called nationalizing various industries. We've started down a very slippery slope that will be hard to get back to the top from. Scary. There's no better word really.

I do not believe our system of captalism has failed us !!!

I believe those we elect in office who said "there are problems TWO YEARS AGO failed us, along with many others. Not the system in anyway shape or form !!!!

Originally Posted by Villages Kahuna

...over the dramatic increase in the national debt. What's missing of couse, is any discussion of what alternative might exist. Becks says that this approach has never worked before. But, I don't think we've ever faced a financial crisis of this magnitude before either. Certainly he's not suggesting that we should do nothing and simply let the economy do it's thing, is he?

And I agree with Bucco. This whole situation is really scary. Scary because the debt we're running up won't be repaid for decades. And scary because our system of capitalism has failed us and now the only apparent way to address the financial problems is with massive government intervention. Intervention in a way that if anyone wants to be truthful about what's happening, it has to be called nationalizing various industries. We've started down a very slippery slope that will be hard to get back to the top from. Scary. There's no better word really.

We got into this mess for many reasons, but the only "government" one is that the same old faces - who have been in office 15-20-30-40 years - have been authoring laws and abrogating their oversight responsibilities on behalf of their constituents in favor instead of K Street lobbyists and others filling the campaign accounts for many years. So, get rid of the career Congresspersons who represent K Street instead of Main Street, and that will be the best government fix that can happen. Oust 75% of them in 2010!

People generally don't see past their noses. This wont be a concern to most until it takes 20 of those green pieces of paper we call dollars to buy a loaf of bread. I am an economic moron, but even I can figure out that the Federal Reserves printing presses are in the process of destroying the 'value' (especially in a global economy) of the American Dollar. Talk about "The Perfect Storm" of economic calamity... add to that the Boomer wave of Medicare and Soc Security entitlements and we surely will strangle the future economic well being of our children and grandchildren.