On 20-Aug-2010, Roy Carin wrote:

Was great while it lasted!!

Once again, you hit the nail on the head. Every time we get our arses
kicked for doing something stupid, the government uses more socialism to
cover its arse, and the policies that lead our civilization to
destruction don't change.

That's why I explain there is no recession - just a change in core economic
structure. Highly-vertically integrated production won't return to the
United States for generations, if ever. Lifestyles must be lowered. Severe
deflation, painful but necessary, would level the playing field with
"developing" countries, but it has to be controlled and planned, not
accidental.