Meltdown Monday?, page 1

reply to post by jtma508

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1. The Clinton-era prosperity you talk about was artifical and ended in the IT bubble collapse in was it 1999 or 1998?

Also, for those of you that think these kinds of huge, government-ran entitlement programs are a good thing, I have a few questions for you:

1. How did the New Deal work out for you? Social Security and unemployment insurance were a great idea that in practice has over the years spun into an unaffordable program that has more people receiving benefits than contributing.

2. How did The Great Society work out for you? It completely destroyed the minority middle class (in places like Chicago's Bronzeville), the nuclear family and built these huge housing "warehouses" that led to the urban problems of broken homes, fatherless children, gangs, centralized drug abuse and distribution and a dependent underclass of citizens that now have no reference of living other than on government assistance. The fact that many of the housing developments are now being torn down is a great symbol of the "success" of the Johnson program.

3. How has sex-ed and socialization in the classrooms instead of a focus on the 3 R's work out for you? You know have more teen pregnancies, more STD's, and lower test scores than ever in the history of American education.

So I ask, defend these social entitlement programs honestly. I'm not even mentioning that these programs have been implemented to the nth degree in the former USSR and Eastern Bloc countries in the 20th Century. Let them tell you how well they work out.

reply to post by lpowell0627

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Thanks, I agree, the health care bill passing will boost stock for big pharma and the insurance companies.

The banking system and investment firms will be also getting a boost on this bill as they will start to create bubbles to make profits as usual.

This health care bill is the insurance companies bailout.

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