Headed For Depression?

[bp2519]

Can any qualify the US not heading into a depression within the next few years if we are headed on the same track?

[Richandler]

Too many variables to know. War in Iran and/or Pakistan. How many times is the Fed going to cut the rate and such.

[Original_Intent]

I will be seriously depressed if Ron Paul is not elected, and I would guess that most of the rest of the country will be within a few years - they just don't know it yet.

[heath.whiteaker]

if RP doesn't get elected we need a plan in place for a Protest on the National Mall. It can be the Million Man Revolution.

[azminuteman]

if RP doesn't get elected we need a plan in place for a Protest on the National Mall. It can be the Million Man Revolution.

Yeah, and we'll be the first to have that microwave weapon (http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2004/09/19/wirq319.xml) used against us.

[Madcat455]

Yeah, and we'll be the first to have that microwave weapon (http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2004/09/19/wirq319.xml) used against us.

Yeah... but all you'd have to do is wrap yourself in Tin-foil.... Oh sweet Irony:D

[Fox McCloud]

We're definitely headed for a depression; we're in a recession right now...and it's likely to become quite bad in the next few months to come. Depression? We could be in one by the end of the year if things go badly....though, I think it more likely to be in a full-scale depression towards the end of next year.

[liberty-rp08]

Great commentary by Michael Rivero on whatreallyhappened.com. They will attempt to mask the economic troubles with more war.

http://www.whatreallyhappened.com/archives/cat_economy.html#076482

Folks, here is the "sitch".

The US econ-tanic is down by the bow and taking on water fast. Desperate measures are being taken to keep the ships of state afloat but the ultimate outcome is inevitable (and has been known to be so for some time).

Bush knows that the economy is about to unravel, and he also knows that the people will blame the government for the melt-down and rightly so, seeing all the money that the government borrows without ever really thinking about how it will be repaid. The Social Security Trust Fund has been looted (along with many others such as the Native American Trust Fund and various Federal Employee Pensions). The Federal Reserve is just printing up new money as fast as it can to keep the liquidity up, but the problem has never been liquidity but solvency.

So, the big kaboinga is right around the corner and this is a major reason WHY Bush is pushing so hard to start a new war, because throughout the history of the United States, the government has ALWAYS distracted from domestic economic blunders by distracting the people with a major war. Most of us recall the connection between the Great Depression and WW2, but few recall that the US was in economic trouble just prior to WW1. In both cases, the fever of war masked the symptoms of hard economic times, and tricked people into lowering their living standards thinking it was for the war when in reality it was to salvage the economy. Capitalism only works when the vast majority of people are intentionally kept poor, and war is a great way to impoverish the people without getting them pissed off.

So, this is why that lame stunt with the speed boats and US warships was pulled. It was supposed to be another "Gulf of Tonkin" hoax to kick off a new war.

and as the economy deteriorates, expect Bush to do something, ANYTHING, to get the war back on track.

Because without a war to mask the economic hardships, the people will turn on the government.

[Paulbot_9876]

Can any qualify the US not heading into a depression within the next few years if we are headed on the same track?

take a look at the increase of prozac in this country since bush went into office....this country is allready in depression in the mental state.....