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Stock Market Yo-Yo Watch

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zombie3/02/2009 10:43:42 am PST

re: #487 taxfreekiller

Zombie

Only trouble is Obama jumped headfirst into an empty pool, the Democrats stole all the water ($) over the last 50 years with their
over spending (aided by Bush and McCain) so,, he landed on his poor
little flat earth, climate change, welfare to the max,,, head.

Agrred. Which is why I personally think we are indeed headed for a capital-D Depression.

You can’t fund your socialist fantasies with an empty piggy bank. Socialist/communist economies basically take the accumulated weath of the pre-existing capitalist system that they overthrew, and coast along on that wealth until it is all used up. Then people kick out the socialists and the cycle starts all over again. That’s what happened in Russia, it’s what happened in Cuba, and it’s what’s gonna happen in Venezuela. Etc.

Poor Obama seized the reins at the exact moment we already ran out of money. Awww — too bad!