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Janelle Dvorak

The next step will be calling citizens unpatriotic because they have decided to stop spending.

actor212

Janelle,

Didn't Gramm basically do just that during the campaign, calling us whiners?

Lance, Uncle Merlin forgets one important point: those Greedmongers own our purse strings. They pay our salaries and buy our goods and if they ain't happy, we ain't happy.

Yes, we turn around and buy their products and yes, if we ain't happy, they ain't happy.

It's a zero sum game to be sure and right now, the zero has turned into an imaginary number, replaced by a lose-lose proposition.

Jennifer

Grizzled is spending... I don't get it. He's attuned to something else and is... spending.

Janelle Dvorak

"Didn't Gramm basically do just that during the campaign, calling us whiners?"
Probably. My mental firewall has long since refused to admit statements by Gramm. Alistair Darling's saying practically the same thing in the UK as well.

Sorry, I just can't consider courting personal financial ruin my patriotic duty. Spend, spend, spend on unsecured credit just shovels more sand under a house built on sand. Tear the damned thing down, I say, and rebuild.

Gansky1

Has the CONSUMER learned? Have they really? Perhaps a few. Dire predictions of holiday consuming have been made but my drive-by observations of malls and shopping venues yesterday revealed the opposite. News reports of consumers tearing a door from it's hinges and trampling several of their own, killing one, in their desperate attempt to begin consuming items of 'value' at bargain prices. Lower prices at the gas pump have lulled Mr. & Mrs. Consumer into believing the economy is now working in their favor. With little understanding of money or the economy, they push forward against the unseen forces that are working against them. Ignorance is bliss and for those with little or no savings (less than 0.5% personal savings rates overall) and who believe their emergency financial cushion to be an open credit line on one of their VISA cards, none of this has any meaning. Will the incoming administration stand up in front of congress and the world and boldly declare in the SOTU that this country's house is built on sand and that we must, as Jennifer says "tear it all down and rebuild" or will the status quo be propped up and allowed to continue? We all know the answer. Maybe it's not worth worrying about, really, just look at the deals on '09 cars!

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