Prickly City by Scott Stantis for March 08, 2009

Feel better now? This kind of therapy can get expensive…

A trillion here, a trillion there…

I don’t have the solution to the financial crisis, but I have to ask how often in life do ‘broken’ things actually fix themselves?

In my experience, things stay broken until they are repaired or get replaced.

How is the economy going to fix itself if we do not start stimulating it? And since god forbid the government do something to this effect, that leaves only the consumer. Clearly doing nothing is not going to fix ‘things’. Didn’t our last government prove that. Hasn’t the fact that our economy has been going down the toilet for years and no one has done anything prove that just sitting on our asses isn’t a effective course of action?

Hope, then change to fear.

WHAT! This is no time to be logical! EEK! OOP! ACH! EEK! OOP! ACH! LOL

Wow, LameRandomName, what a great commentary with much valid economic insight!

I would just add one historic fact I found astonishing: it was the FHA that originally forced banks to red-line on racial grounds, eventually laying the foundation for the CRA. This is another case of the old statist policy of using the results of one intrusion into the economy as the excuse for the next, ad infinitum.

As for CateLondon, consumer spending does not revitalize an economy. Only investors can do that, and they are sitting on their hands because they don’t know what damage the gummint is going to do to them. Spreading money to deadbeats and incompetents won’t help. Moving toward a free economy will.

Yeah, let’s do like Hoover did. Crawl back into your hole, Scott. You sure don’t need to be giving your backawkward political advice.

Studying history helps, Scott.

psch: the middle class is the backbone of the economy. Even the most basic of economics will tell you that we are the blood flow.

Perhaps you should get your head out of your bleep and at least try to read.

I thought it was “EEP! OPP! ORK! Means I love you!” or something like that?

pschearer says: Wow, LameRandomName, what a great commentary with much valid economic insight! I would just add one historic fact I found astonishing: it was the FHA that originally forced banks to red-line on racial grounds, eventually laying the foundation for the CRA. This is another case of the old statist policy of using the results of one intrusion into the economy as the excuse for the next, ad infinitum. As for CateLondon, consumer spending does not revitalize an economy. Only investors can do that, and they are sitting on their hands because they don’t know what damage the gummint is going to do to them. Spreading money to deadbeats and incompetents won’t help. Moving toward a free economy will

ANandy elaborates: Great Commentary about eternal truths. Redlining was not based on race, until Je$$ie Jack$on realized he could promote a scam.