Uncle Joe
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Wed Jan-23-08 01:37 PM
Original message |
Poll question: Do You Believe The Economy and The War With Iraq Are Related? |
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I keep hearing pundits say the economy has replaced the war with Iraq as the primary issue, so I wonder if there is a correlation between the two?
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alfredo
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Wed Jan-23-08 01:38 PM
Response to Original message |
1. It also enables bush's friends to loot the treasury |
jlake
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Wed Jan-23-08 03:36 PM
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harun
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Wed Jan-23-08 01:40 PM
Response to Original message |
2. It is tanking the dollar from the huge amount of barrowing being |
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done to pay for it and in turn this makes us pay more for gas and experience inflation in many other areas foreign and domestic.
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DadOf2LittleAngels
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Wed Jan-23-08 01:41 PM
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3. Not *Intrinsically tied* but the war is making it harder to fix the economy |
niyad
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Wed Jan-23-08 01:44 PM
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Uncle Joe
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Wed Jan-23-08 01:50 PM
Response to Reply #4 |
5. I watched The View this morning and Tom Brokaw said |
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we're not making any sacrifice as a nation regarding the war in Iraq, other than the military and their families, so I got to thinking maybe it's a subliminal or hidden sacrifice, the rest are making?
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gilpo
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Wed Jan-23-08 01:54 PM
Response to Reply #5 |
7. The thing about making a sacrifice is that it is active, you have to "make" it |
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If it just happens to someone, it's called being screwed.
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ProgressiveFool
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Wed Jan-23-08 01:50 PM
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6. MLK Jr. knew that war was another way to keep the poor man and the black man down |
Kokonoe
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Wed Jan-23-08 01:56 PM
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8. It makes the problem go away |
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If we forget the war. When the time comes the pundits can easily spread the meme of our great economy.
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Breeze54
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Wed Jan-23-08 02:08 PM
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9. We all know the pundits are lying, don't we? |
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punditocracy http://www.urbandictionary.com/define.php?term=punditocracy The universe of the mainstream media (pundits) talking heads who tell the general population what to think. Their aim is to influence the political landscape by their erudite utterances. Their stock and trade is opinion, rather than fact with both generally being pulled out of their asses. The punditocracy thinks more of itself than those who listen to it. ;)
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w8liftinglady
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Wed Jan-23-08 02:16 PM
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10. here are a few ways it is |
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http://www.citizenworks.org/corp/corpkilling.pdfWAR IN IRAQ: We foot the billing, Corporations make a killing http://www.sourcewatch.org/index.php?title=War_profiteeringWar profiteering http://www.gao.gov/new.items/d03194r.pdfSubject: Information on Federal Contractors That Are Incorporated Offshore
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gasperc
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Wed Jan-23-08 02:49 PM
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11. yes, it extracted too much wealth from economy |
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all this money is being pushed out by the Fed but it is NOT wealth and it is NOT wages. The economy suffers from a lack of a real wage increase by the overwhelming majority of Americans. Instead of pay increases that have kept up with the skyrocketing price of fuel, food and housing, this was supplanted by 'credit'. A credit card is NOT wages, it is not a paycheck, it is a loan by a financial institution that will require you to pay back that loan or the financial institution will fail. Since 2001, the Republicans have de-linked the production of wealth through wages by inflating money both by easy credit and phantom wages in the form of cheap credit. Neither created true wealth. Massive defense spending has not created an increase of wages nor wealth because it never has, the monies spent were ultimately destroyed. That did not add to the wealth of the nation. America has always experienced this contraction after a War. this happened after WWI, WWII, Korea, Vietnam, and now the Iraq war. The HUGE cost of the Iraq war is being extracted out of the average taxpayer by deflating the value of the home. The upward spiral of cheap 'credit' to both buy homes and consumer items has corroded basic financial fundamentals. The problem is one of solvency, the average consumer is not solvent enough to pay off existing debt and increase spending to grow new wealth into the economy. A great deal of wealth has been squandered in the sands of Iraq. Additional liquidity will not solve this problem until wages can increase to once again sustainably grow the economy. Lowering interest rates may help some consumers with fixing or lowering their monthly payments but with some lenders unwilling to refinance some consumers who are to far "underwater" the rate cut will have very limited impact.
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Yavin4
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Wed Jan-23-08 03:16 PM
Response to Reply #11 |
14. I Don't Know Who You Are, But I Love Your Post |
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For the first time in my 7 years here on DU, I stood up and applauded a post.
To further your brilliant points, the only true way to "fix" the American economy is to de-Empire. We cannot sustain being the world's policeman and continue our current standard of living. We still have yahoos who want to go to war with Iran. That is pure insanity at this point.
The U.S. spends more per capita on defense than any other nation on this planet, yet we've only been attacked by a foreign power once in almost 200 years. In essence, we don't have a "defense" budget. We have a World Empire budget. That budget needs to be cut and the money needs to be used to pay out our debts abroad, shore up vital social programs at home, and encourage re-engineering of our economy through new enviro-friendly energy, new mfg processes, and new information technologies.
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B Calm
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Wed Jan-23-08 02:55 PM
Response to Original message |
12. The economy is hurting because of the price of oil. |
Uncle Joe
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Wed Jan-23-08 03:09 PM
Response to Reply #12 |
13. Could the War with Iraq be adversely affecting the price of oil? n/t |
Uncle Joe
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Wed Jan-23-08 03:34 PM
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15. I'm cutting out for the day, I just want to thank everyone; who voted or posted. |
DCKit
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Wed Jan-23-08 03:39 PM
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17. The devaluation of the dollar has actually led to a decrease in our national debt |
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However, we (the consumer) pay for that with inflation. But Georgie sure did pull one over on them Chinese!!
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