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cloversgrandma cloversgrandma 61-65, F 18 Answers Jan 9, 2013 in Community

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If i had a dollar for every time i seen this asked, i would have enough money to bail our America.

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If you used the same economic data they used in the 1930s, we've been having another great depression for 4 years already. Obama is planning to collapse the economy entirely by the end of 2013.

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Yes, I agree the economy is horrible...unemployment is ridiculous and millions of people have been out of work for years! I do agree with Obama's healthcare plan however...everyone should have the right to medical care.

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Nope. you do not have a "right" to take the labor of others. That's stupid and morally wrong.

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Don't understand what you mean "labor of others"?

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Obama isn't planning to do anything like that! Why would he? He will be just as much a victim of it as everyone else!

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Medical care is not a thing, it is the labor of others. You do not have a "right" to take the labor of others.

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We are already in it, tho I don't think it will be as bad as the 1930s.



This country has lost its heart and soul to the forces of greed.

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What do you mean by greed? Outsourcing jobs to other countries?

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That, yes. Walmart. Corporate execs who give themselves millions in bonuses. Small business owners who drive Mercedes-Benzes and hire illegal aliens. I can go on and on. Greed!

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Yes, I agree.

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Everything is going to collapse. Hopefully a better system (a truly regulated free market) will emerge from the ruins.

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Oh, yes. Look at an honest history of the Great Depression to see what's coming. Look especially at Franklin Roosevelt's second term, which began in 1937 to see what mayhem is about to engulf us and the world. The 1929 stock market crash was not the cause of the Depression, although it made the economy shaky. What brought it on was the collapse of banks in Austria and Germany and the ripple effect into American banks. Keep in mind also that in 1929, there was no Securities & Exchange Commission. So the New York stock markets were governed by the laws of the State of New York and overseen by the New York State Governor. That governor wanted to be president. When then-President Hoover tried to rein in the insider trading and other abuses at the exchanges, the New York Governor wouldn't. He wanted a crisis, and he got one. That governor was FDR, and when he became president, he greatly expanded government and debt. It wasn't until many of his policies were rescinded in 1941 and later, by Harry Truman and Dwight Eisenhower, that the Depression ended. No crisis should be allowed to go to waste. There's a great playbook for the current administration to use.

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Thank you for sharing your insights...much appreciated.

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I think we're doomed. Drastic times call for drastic measures!

People are scratching to survive now and will try illegal and outlandish things just to get by. Yes, we're on our way to the next great depression.

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Yes, we are in very hard times...you are not alone.

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We are in good shape. The GOP/Tea Party/Koch brothers/Corporate greed/etc. are simply using scare tactics to subjugate and control the American people.

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The whole world economy is shaky and at stake

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yes unless something drastic happens to pay off your debts!

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