with the ability to scan papers right into computer memory, why we still filling
out forms in triplicate?

i agree with President Obama (i havent seen bush in like 5 months, i refuse to
say president elect anymore). be it a 'great' depression, a long slug, it will
take time regardless. secular downtrends happen for decades, we're in the middle
of it, and there is no way around it.

how to turn the economy around? well i guess the first response to that is, do i
want to?

but if i had to play, be it a war or a huge energy plan, you need something the
people can get behind. economies are as much about numbers and models as they
are people. if you can unify and modivate the people to get something done, they
will.

trouble is finding out what it is that will do that.

Good break down JEwald, thinking ahead & beyond.

Time and a good purge of the system is the best cure. Trying to reinflate this
pig is going to be a lot more difficult than the last time during the dot.com
bubble.

The biggest hope is that the rest of the world continues to take our debt as we
continue to try to spend our way out of this. The problem is all of other
countries governments are now trying to do the same thing, spend money to
stimulate their economy which means they have less of a need for foreign debt.


We are starting to see issues in the bond market, Germany yesterday could not
sell all the government bonds offer at the sale and was left with a third. If
countries are unwilling to buy German debt and they are the #3 in GDP in the
world what is going to happen to the huge amounts of government bonds we are
going to try to sell in the coming years.

This is not good for the bond market and not good for world economies as each
country starts going into a self-preservation mode. It seems that it has
started.

The O-man will do what he can but he does not nor does congress have enough
fingers to plug all the holes in this hoover dam.