Well, mid-terms results are in...

[Jake7]

Biggest landslide since 1948.

So what do you guys think? Is this the way you thought it was going to play out?

More importantly, do you think that the Republicans will, in reality, be able to make a difference from what we've seen?

[havasu]

My opinion is the train is already headed over the cliff, and nothing is going to change the course until we hire a new conductor.

[Brian]

Originally Posted by havasu

My opinion is the train is already headed over the cliff, and nothing is going to change the course until we hire a new conductor.

You're half right. The train is off the cliff but a new conductor won't help.

In the context of our monetary and fiscal policy, there isn't much that anyone can do to make it better. Bennie and the Fed are doing exactly the wrong things (for us), so we can write off any help there.

The questions remaining are When will the dollar collapse, How quickly will it collapse, and How far will it fall?

[havasu]

Originally Posted by Brian

You're half right. The train is off the cliff but a new conductor won't help.

In the context of our monetary and fiscal policy, there isn't much that anyone can do to make it better. Bennie and the Fed are doing exactly the wrong things (for us), so we can write off any help there.

The questions remaining are When will the dollar collapse, How quickly will it collapse, and How far will it fall?

I agree 100%, but you also need to add that along with the collapse of the dollar, you need to consider that the foreign investors will no longer want to invest in America, which will compound the problem.

[Jake7]

I think we'll be fine, as far as the dollar collapsing.

I'm still a firm believer that bringing in the reigns on government and killing spending could help save us. If, like you said, we change our conductor.

[jacko]

YouTube - Banned US Commercial about the national debt

YouTube - Banned US Commercial about the national debt

[Jake7]

hah yeah - China's a whole nother thread in and of itself! In fact, I may go ahead and start that... as I was, seems that there's already a thread concerning that.

[jacko]

The commercial was not necissarily a comment on China, more to the point of the urgency of the US condition. Imminent.

[Jake7]

Well, I'm pretty non-trusting, but I'm hoping, I suppose, that with our new balance of power, that, like I said, our government will be severely downsized and cut the budget.

[ArizonaBear]

I am mostly happy with the way the mid terms went...........except that the Republicans were unable to recapture the Senate. Harry Reid of Nv? Eeesh............