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  • From: paxamicus AT earthlink.net
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Teamsters endorse Obama
  • Date: Fri, 22 Feb 2008 20:20:24 -0500

Have you seen the video from Rob Newman, "A Short History of Oil"? You might enjoy it. http://video.google.com/videoplay?docid=-5267640865741878159

The tech bubble might have been an illusion but it kept people in their homes. I can't say the same about the war bubble.

Moon


On Feb 22, 2008, at 8:04 PM, Clansgian AT wmconnect.com wrote:



I beg to differ on two points which I consider pretty important; we
had a better-than-balanced budget and a whole lot less dead people
with Clinton.

We had the illusion of a balanced budget because of the tech stock bubble.
Once the illusion of the bubble burst, there went the balanced budget, or
rather, the illusion of a balanced budget.

The dead people have bought you a propping up of the petro-dollar economy for
a few more years. So many people, and espcially Obamistas, think it's just a
matter of shuffling the troops on transport planes and we are out of there.
It's just war or no war and it affects nothing else. But when you understand
the economic basis of the war (and ALL wars are essentially economic in
nature), the minute we abruptly pull out, our economy falls.

That would be fine with me, all for it in fact. But at that moment we will
no longer be able to command foreign backed debt. Most pensions and government
subsidies will be defunct. </HTML>
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