tag:blogger.com,1999:blog-6244999628674918029.post4976665568190436539..comments2024-03-18T23:21:40.731-05:00Comments on Bayou Renaissance Man: The State of the US Economy: Part 1 of 5Peterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6244999628674918029.post-73528839283005465442010-07-13T21:49:45.165-05:002010-07-13T21:49:45.165-05:00Nice to see a post like that here. I have been wat...Nice to see a post like that here. I have been watching the train approach for quite a few years and that headlight is getting real bright. You might take a look at "calculated Risk" Blog or "Naked Capitalism" for coverage. As far as Blaming Obama or Bush,give me a break,this has been bipartisan and has taken decades. The system is broken and corrupt,focus on how to rebuild and start working on it now.Tom Stonenoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-2850104822377106062010-07-13T12:03:30.096-05:002010-07-13T12:03:30.096-05:00The dems and libs will continue to BLAME BUSH! But...The dems and libs will continue to BLAME BUSH! But, at the end of Bush's last term, the debt was only $130B. Yes, that's a "B" and that was while funding a war. It's now over $1.3Trillion and growing. The debt is calculated to reach $13Trillion within 10 years. Some say we'll reach that amount within 5 years.<br /><br />In either case, it ain't good!Crucishttps://www.blogger.com/profile/15441911110953212619noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-39851113047036423362010-07-13T10:47:14.920-05:002010-07-13T10:47:14.920-05:00Anybody thinks we are in a "recovery" is...Anybody thinks we are in a "recovery" is either stupid or has not bothered to actually look at the numbers. I call it "ostrich syndrome" The crew in charge have no clue, no vestige of an inklng of an idea how to get this show on the road. Their actions are so dramaticly counter productive I fear thier real strategy is to destroy us deliberately to then install Marxist rule. (see "Cloward-Piven")ravennoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-13015451987148124722010-07-13T06:58:01.330-05:002010-07-13T06:58:01.330-05:00From a small businessman's perspective, there ...From a small businessman's perspective, there is almost no good economic news. <br /><br />Just the thought of another 14.54 percent in federal taxes on top of the 59.2 percent of my profits I already pay to one tax collector or another is enough to make me consider hanging it up. <br /><br />Add the additional regulations and there is little reason to take a risk - other than the absolute lack of return on investment. <br /><br />The recent advice to small investors, "Sell everything, buy SPAM," pretty much sums up rational advice to those with less than a few hundred employees. <br /><br />StrangerStrangerhttp://extranosalley.comnoreply@blogger.com