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Reply #40: A report on Lou Dobbs last nite - Katrina may force NW and Delta [View All]

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Eloriel Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 11:03 AM
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40. A report on Lou Dobbs last nite - Katrina may force NW and Delta
into bankruptcy.

I think it's going to be a huge blow to the economy. I think under normal circumstances, it wouldn't have been. But with the spendthrift in the White House, the deficit, the cost of the war, etc., we can't handle this. My sense is that another huge disaster of this type (think: The Big One in California) would sink us.
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  -Will Katrina begin the next great depression ? alkaline9  Aug-31-05 09:01 AM   #0 
  - George W Bush did  etherealtruth   Aug-31-05 09:03 AM   #1 
  - I don't disagree but...  alkaline9   Aug-31-05 09:05 AM   #4 
     - I understand that Katrina IS a precipitous event ...  etherealtruth   Aug-31-05 09:11 AM   #14 
  - my household  shadowknows69   Aug-31-05 09:04 AM   #2 
  - ouch!!  alkaline9   Aug-31-05 09:07 AM   #7 
     - check them later today  shadowknows69   Aug-31-05 09:09 AM   #10 
  - It may help AVOID the next depression-  HadItUpToHere   Aug-31-05 09:05 AM   #3 
  - I never thought about it that way...  alkaline9   Aug-31-05 09:10 AM   #12 
  - Katrina might spark it, but this admin  babylonsister   Aug-31-05 09:06 AM   #5 
  - agreed ... nt  alkaline9   Aug-31-05 09:07 AM   #8 
  - don't forget that there's no bankruptcy relief for anyone  Mizmoon   Aug-31-05 09:06 AM   #6 
  - how convenient...  alkaline9   Aug-31-05 09:08 AM   #9 
  - This rumor persists. If you have no income there is basically NO change  FloridaPat   Aug-31-05 09:12 AM   #15 
  - Oh? So it's aimed directly at those people in the middle class...  Prag   Aug-31-05 09:14 AM   #19 
     - The main point of the law was that if you're income was at a certain  FloridaPat   Aug-31-05 09:22 AM   #26 
        - how is the middle class disappearing good news???  alkaline9   Aug-31-05 09:23 AM   #28 
           - Less middle class = less screwing. Easier to go bankrupt with chapt 7  FloridaPat   Aug-31-05 10:57 AM   #39 
  - More than a few Dems responsible for that...  Prag   Aug-31-05 09:13 AM   #16 
  - yes  Swamp Rat   Aug-31-05 09:10 AM   #11 
  - No FDR "New deal" . Ownership Society means "You're on your own".  oasis   Aug-31-05 09:10 AM   #13 
  - They may be on their own, but...  alkaline9   Aug-31-05 09:17 AM   #23 
  - And 'family values' mean  CrispyQGirl   Aug-31-05 09:36 AM   #30 
  - I wouldn't be surprised  spinbaby   Aug-31-05 09:13 AM   #17 
  - nope. Bush.  superconnected   Aug-31-05 09:14 AM   #18 
  - Another Depression, in the sense you think of, is nearly impossible.  Zynx   Aug-31-05 09:15 AM   #20 
  - It coulds spark a recovery instead  jobycom   Aug-31-05 09:16 AM   #21 
  - Massive rebuilding requires massive money  spinbaby   Aug-31-05 09:18 AM   #24 
  - Exactly. And that money will go into the economy  jobycom   Aug-31-05 09:43 AM   #32 
     - I disagree on a few points  alkaline9   Aug-31-05 10:15 AM   #37 
  - IMHO if this cabal continues the trickle down economics...  alkaline9   Aug-31-05 09:22 AM   #27 
     - trickle down will slow the recovery, that's very true  jobycom   Aug-31-05 09:45 AM   #33 
        - if it was up to shrub, the poor would just die of hunger... nt  alkaline9   Aug-31-05 09:54 AM   #34 
           - Bush doesn't want to kill the poor  jobycom   Aug-31-05 09:55 AM   #35 
  - maybe this will force the pendulum to swing  julialnyc   Aug-31-05 09:17 AM   #22 
  - The economic greased slide just got new grease.  Neshanic   Aug-31-05 09:21 AM   #25 
  - BushCo greased up the slides...  alkaline9   Aug-31-05 09:26 AM   #29 
  - No. The GOP has kicked off the next Great Depression.  leesa   Aug-31-05 09:40 AM   #31 
  - Agreed!  liam_laddie   Aug-31-05 10:03 AM   #36 
  - It is going to take a massive infusion of cash  catmandu57   Aug-31-05 10:45 AM   #38 
  - A report on Lou Dobbs last nite - Katrina may force NW and Delta  Eloriel   Aug-31-05 11:03 AM   #40 
 

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