Reader comments: Utahns divided on who can solve financial crisis
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Unfortunately our population today is illiterate when it comes to the Constitution. As a result politicians can get away with whatever they want, which means we are getting exactly what we deserve for turning our backs on such a ground breaking document.
He allowed the Oil producing mid east countries to embargo oil. Iran became our worst enemy. We had gas lines for cars miles long.
I had to serve 2 years in Vietnam under a Democrat president and a national draft, and 4 years held hostage under a Jimmy Carter Democrat presidency,
thinking like a child, I am afraid to get burned again. McCain remembers what Jimmy Carter did, Obama doesn't.
I know that the rich guy will help me out, the little guy. He worries about my world... well, maybe... and he has a temper too!!
rich man will help us get out....
who am I kidding???????????????
If Obama wants to cut taxes on people making less than $200K (as you claim), why did he vote to raise taxes on people making over $42K?
Hang on tight!!!!
All the candidates are all rich.
It's not the worse financial crisis since the Great Depression.
As to which one of the two debaters can fix the current problem, the simple answer is neither one can. McCain's not bright enough and BO's idealogy is all wrong.
It was the sum of the interest rate and the inflation rate added together.
Under Jimmy Carter, it averaged around 20-25% throughout most of his presidency.
Today, it's about 7-8%.
"Worst financial crisis since the Great Depression"?
Not even close.
Used to be. Then the Chinese started buying T-bills. Just one question: what will be the value of those bills held by them in, say, a year? The American dream in the 21st century was not based on thrift and hard work - it was easy credit to buy stuff produced by the Chinese. Private consumption has been huge relative to any other economies, and rising housing prices fueled that consumption. Home equity line of credit, anyone?
Unfortunately someone is going to have to make uncomfortable decisions.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
Meanwhile, I NEVER hear the liberals complain about how much Hollywood and music celebrities make! These are folks with average or below average intellect and education who put in a few days a year and reap millions. Then they go around telling us how we ought to be more generous.
Lindsay Lohan (never made a movie with seeing)
Lil Bow Wow (huh? He's worth $50 million plus? For what?)
Alec Baldwin (promised to leave the US if Bush won - he's still here)
Oprah Winfrey (overpaid blow hard)
Dr. Phil (ditto)
Jay-Z (worth $500 million+! Why???)
Leo DiCaprio (gets $20 million a film - why?)
George Clooney (liberal loudmouth - paid millions)
Miley Cyrus (made $20 mil last year)
Before you complain about well-educated, 100-hour per week risk-takers making money, think about these and the hundreds of others who do nothing for society!
Either of the candidates and their respective economist cadres are more qualified than Mitt. Personally I'll ride with Warren Buffet and his endorsement of Obama.
The prime rate hit 21% under Carter.
Oil prices were killing our economy.
Obama would raise taxes almost to where Jimmy Carter had them. Obama will not drill or build new refinery capacity.
Obama's financial policies are almost identical to Carters.
Welcome Obama, good bye prosperity and opportunity.
I am not voting this year for the first time in my life. I am so disappointed with the American peoples' "best judgment" in selecting these two men.
Sorry day for America. Sorry day for future generations.
Hey Rich Man | 9:13 a.m. Oct. 16, 2008
Obama has more money than McCain.
He and his wife (the one who is ashamed of America) have made their money as lawyers - suing others and taking their money.
>>
Huh? The McCains are worth hundreds of millions of dollars.
And Obama and his wife aren't even trial lawyers.
Where do you get your talking points from, the back of cereal boxes? Falsehoods like that shouldn't even be repeated.
I also didn't say they are trial lawyers, but all lawyers make their money off of others, rather than actually produce anything. That was my point.
Thirty years of bad public policy with respect to housing got us into this mess. Treasury and the Fed will fix it. Hopefully all of us will learn from the mistakes.
Obama will win
He is our player
Not the Republicans
It works everytime it's tried.
It works everytime it's tried.
Work everytime it's tried.
People bought houses they could not afford. Lenders and those pressuring them lent money based on fantasy. Banks and insurance companies treated paper like it had actual value. Now government is spending money it does not have. These are the lessons that neither candidate is addressing.
McCain files jointly with his wife; ergo, it's not his "wife's" money, at least not he portion they file jointly on.
If you are seriously arguing that john McCain is not filthy rich, you are not just wrong, but in deluded.
Find me even a talking conservative head who agrees with you and then I won't think you're crazy.
Obama has too many ties to Fanny May and Freddie Mac. He is unscrupulous as well is McCain. Who would vote for a man who do to his former wife what McCain did? As G. B. Hinckley once said at BYU, as a general principle, he'd not choose to vote for a person who could not keep his covenants to the spouse whom he knew; Hinckley went on to say, "what makes us think the candidate would keep his oath of office to us whom he does not know. "
Integrity is the bottom line, and I'm just not seeing it.
Fact: there are 6 presidential candidates on enough ballots who could collect enough electoral votes to WIN! Get it???
Even with this country being sold down the drain further and further we still have choices! Stand up with your fellow citizens and let's heave this great burden off our backs. You can make proactive choices. Just start.
Why isn't it working now? President Bush cut taxes and we seem to be having a problem. Please explain for those of us that don't seem to understand.
Real inflation right now is conservatively 15%. That means with ridiculously low interest rates, we have actual real NEGATIVE savings rates.
That means that you will not have any of your retirement money for retirement. Don't get sick because you can't quit working, Mr. Working Class America.
I hear that all the time.
What do you think the radical, Obama, will get you?
Before long he will play us all!!!
I think we should put the one in there that helped, with his friends-Barney Frank and the rest...to get us into this mess, through PC fairness campaigns such as what Obama is touting at the moment IE.......(Spread the wealth).
I'm voting for Robin Hood.
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I for one have had enough.