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Reply #27: Investigations notwithstanding, I'm not sure what he could really do. [View All]

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Nicholas D Wolfwood Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-16-09 09:21 AM
Response to Reply #13
27. Investigations notwithstanding, I'm not sure what he could really do.
He could ask to "open the spigots", to use a much bandied phrase from years' past, but outside of that, I'm not sure what authority he has in this area. I'd certainly welcome specific suggestions - I'm just not seeing the options right now.
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  -Americans Are Not Spending Because They Are SCARED SHITLESS About Losing Their Job Vinnie From Indy  Mar-16-09 08:12 AM   #0 
  - Loss of Trust, as opposed to merely a lack of confidence. n/t  burythehatchet   Mar-16-09 08:15 AM   #1 
  - spot on. and the financial pirates are tightening the screws while taking the bailout money.  bullimiami   Mar-16-09 08:17 AM   #2 
  - Actually, I wonder if Americans aren't also feeling like we're  sufrommich   Mar-16-09 08:18 AM   #3 
  - Indeed. Remember when "consumption" was a hiddeous way to die?  TechBear_Seattle   Mar-16-09 08:21 AM   #6 
  - I agree...  CBR   Mar-16-09 08:18 AM   #4 
  - or in a case like mine  mnmoderatedem   Mar-16-09 08:20 AM   #5 
  - Me, too.  GoCubsGo   Mar-16-09 09:06 AM   #23 
  - We've Been Betrayed  KharmaTrain   Mar-16-09 08:25 AM   #7 
  - You're right.  Delphinus   Mar-16-09 10:51 AM   #31 
  - Me, I'm just cutting down anticipating the return of $4 gas this summer  cherish44   Mar-16-09 08:26 AM   #8 
  - While I expect the price of gas to rise  customerserviceguy   Mar-16-09 08:32 AM   #11 
  - There's only one reason we're not going to see $4 gas again  Missy Vixen   Mar-16-09 08:37 AM   #13 
     - Investigations notwithstanding, I'm not sure what he could really do.  Nicholas D Wolfwood   Mar-16-09 09:21 AM   #27 
     - The OPEC spigots aren't the problem  Warpy   Mar-16-09 09:57 AM   #28 
     - Price fixing  Missy Vixen   Mar-16-09 01:58 PM   #33 
        - Yeah, but good luck enforcing it.  Nicholas D Wolfwood   Mar-17-09 07:43 AM   #46 
     - Exactly.  backscatter712   Mar-16-09 02:27 PM   #37 
     - Iran,Russia etc.  tonycinla   Mar-16-09 08:28 PM   #45 
  - People's savings are piling up  bluestateguy   Mar-16-09 08:27 AM   #9 
  - And if you don't spend it?  The2ndWheel   Mar-16-09 08:33 AM   #12 
  - You would get a debit card  bluestateguy   Mar-16-09 08:40 AM   #17 
     - Simple enough  The2ndWheel   Mar-16-09 08:54 AM   #20 
  - The "savings" rate also goes up  customerserviceguy   Mar-16-09 08:38 AM   #14 
  - And that would be mandated how?  OwnedByFerrets   Mar-16-09 08:40 AM   #16 
  - Post #17  bluestateguy   Mar-16-09 08:41 AM   #18 
  - That idea occurred to me, too, and I just figured out what's wrong with it.  Brazenly Liberal   Mar-16-09 08:57 AM   #21 
  - Savings?  LiberalEsto   Mar-16-09 09:04 AM   #22 
  - Except 5% isn't "piling up"  sandnsea   Mar-16-09 09:11 AM   #25 
  - Yeah. I bought 4 GOOD tickets to Neil Young for Nov 4 '08; he cancelled. Now he's re-scheduled  patrice   Mar-16-09 08:28 AM   #10 
  - Amen to that!!!  OwnedByFerrets   Mar-16-09 08:39 AM   #15 
  - Save it or spend it?  brer cat   Mar-16-09 08:53 AM   #19 
  - Savings was at 10% from the 60s to 80s  sandnsea   Mar-16-09 09:09 AM   #24 
  - Seems no one takes into account the risk of job hopping in this economy.  Life Long Dem   Mar-16-09 09:21 AM   #26 
  - It is also the loss of assets  Juche   Mar-16-09 10:05 AM   #29 
  - Deflationary Spiral.  phantom power   Mar-16-09 10:47 AM   #30 
  - Fear Itself  Danascot   Mar-16-09 11:22 AM   #32 
  - The bankers and politicians are counting on Americans to be stupid.  Tierra_y_Libertad   Mar-16-09 02:04 PM   #34 
  - And creditors are getting more aggressive.  rucky   Mar-16-09 02:07 PM   #35 
  - Correct. And that's only part of why America is more conservative...  bridgit   Mar-16-09 02:24 PM   #36 
  - Americans are spending  AZ Criminal JD   Mar-16-09 02:31 PM   #38 
  - Or maybe because they've already lost their jobs  EstimatedProphet   Mar-16-09 02:32 PM   #39 
  - Firing Freeze.  HughBeaumont   Mar-16-09 02:58 PM   #40 
  - invest in objects of value  reggie the dog   Mar-16-09 03:40 PM   #41 
  - My job is pretty secure, but I've cut back on spending just in case  Arkansas Granny   Mar-16-09 03:58 PM   #42 
  - Tony Auth sums it up well:  n2doc   Mar-16-09 07:25 PM   #43 
  - Scared Shitless, well said.  sarcasmo   Mar-16-09 08:14 PM   #44 
 

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