Originally Posted by
satchip
You are right except about the bold part. Inept and corrupt government policies caused this, not the market or Capitalism. The only greed was the politicians greed in the number of votes they could buy.
As for the uptick in 2010, I'm not as confident as you. The ***** of yesterday is going to have implications that reach far beyond "health care". Our economy is set to collapse if these taxes and spending actually take effect. Our industry will be especially hard hit as our revenue is totally dependent on discretionary dollars of the public and business. God I hope I'm wrong.
Satch;
I was referring to the housing crisis.
As for the rest, I will not let it spiral in to a political debate that is banned from the TOS. I will only state that the taxes et al will levied incrementally. (Just like a lobster in a pot. Never wise to throw one in to boiling water as they will jump out, just put em in a nice warm pot a water and add heat. The pain is hardly noticeable)
