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U.S. called a house of cards just on brink

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Spanky | 11:13 a.m. Feb. 28, 2008
Today, when Bush was asked about gas reaching $4 per gallon by spring, he replied.."That's interesting. I hadn't heard that. ... I know it's high now." This is the kind of president that Republicans wanted. God help us all.
Once Politically Active | 11:29 a.m. Feb. 28, 2008
I know Studdert personally and find him to be one of the most gentle, caring and heart-felt individuals I've known, or leastwise that's what he projects. However, he has one huge failing... he is a party line individual and will not hesitate to sacrifice an individual to an organization's agenda even if the organization is wrong. Does that make him bad? No! But it does tell something of the veneer this person works from behind.

He was and is still the champion of Reaganomics.

Reaganomics is a fantasy of disastrous proportions and consequences. Reagan's tax break benefited only the rich and privileged, which he offset with the single largest peace time social security tax hike in history... to pay for his tax break... at the sole expense of middle class Americans. We're still suffering from the residual of his fantasy-based economics.

Want to straighten out America's economy? ... get back to giving middle class Americans a fair shake. Politicians (from both parties) need to quit making economic war on middle class America. Maybe it's time to scrap the whole tax code and implement the Fair Tax. For sure, middle class America would be the primary beneficiaries to that one.
Anonymous | 11:33 a.m. Feb. 28, 2008
Time to start the wind mills, improve the efficiency of solar cells and develop geothermal resources. If we can't or won't face up to the obvious it's going to become necessary to face an even less desirable fact... that there will be a renewal for the mining of uranium and developing and utilizing more Nuclear power. Even worse we face the possibility of losing our National parks to allow further oil related development. Utah, Colorado Wyoming and Alaska are the states who will suffer the most. The development of our tar sands and shale oil resources have already begun. Oil produced from tar sands is already being piped into the United States for refining from Canada and several even bigger pipeline projects have already left the drawing boards and will soon begin. It won't be long until the same will be happening in Utah and it's neighboring states.
If we want money in our pockets and food on our tables then we need to shut down Wal Marts all over the country and do away with the the North American Free Trade Agreement. It's time for the CEO's of these U.S. Corporations to tow the line and think American First!!!
Comments continue below
part of the problem | 11:33 a.m. Feb. 28, 2008
When you do nothing but proclaim: "I am a conservative - nothing needs fixing" - you become part of the problem.
J | 11:42 a.m. Feb. 28, 2008
I realize there are many perceptions of problems abounding at all levels of government, particularly the Federal Govt. They seem largely rooted two things:
1) Money
2) Power

I agree with JH that term limitations for all elected officials are a matter of prudence and of constitutional reform. This will prevent to a large degree, career politicians.

I would go one step further, and propose a part-time federal congress. Let them work for a living like the rest of us, and represent much like other state legislatures do, part-time.

I believe this will deter power and money hungry individuals from political office. For there will little of both at the federal level, when compared with the current situation.
How About | 11:51 a.m. Feb. 28, 2008
at the next election we vote out all the individuals running for re-election and vote in a new group of, Oh Wait, the new ones running for office are as bad as the ones in office, Hmm. Maybe we start at the lowest level and vote out the state legislature. Then anyone holding national office and keep doing that until we get what we need and that is a group of individuals who understand if we are to continue to exist we need individuals that have honor and respect for the family, diligent work ethics, absolute values of right and wrong, honesty in business practices, wholesomeness in leadership, respect toward authority, moderation rather than excess, marriage as a prerequisite before having sex or bearing children, believe in a family which consists of both a father and mother, taking responsibility to provide for our own � such as one�s spouse, family and children, and so forth.

Course, Hmm, those people are hard to find anymore.
Earl | 12:00 p.m. Feb. 28, 2008
I'm a little (maybe a lot) surprised that the Federal Reserve hasn't been brought into this discussion. When you base an economy on fiat money, there is nothing to back it except the vague concept of "consumer confidence." Once that's gone, it's not worth the paper it's printed on. Bernanke and his cohorts have been flooding the market with cheap dollars which make it more profitable to borrow and invest in real estate, for instance, than to save. The fractional banking system encourages debt and discourages saving. It's a sucker's game.
Not All Bush | 12:04 p.m. Feb. 28, 2008
The blame Bush atitude is hardly fair here. This all started back with the inception of entitlement programs. War on poverty anyone? Every Democrat who has sought to increase entitlements and every Republican who cut taxes without cutting spending has contributed to this mess. Both parties are to blame.

Bush's claim to fame is that he has accelerated the process by adding the prescription drug benefit to medicare and fighting for and passing tax cuts.

I would also like to add that the Democrats new messiah Obama (the likely next pres IMO) hasn't exactly acknoledged the issue in any of his platitude laden speeches. In fact, last I checked his entire platform was based oodles of new spending. Change indeed, thats all you'll have left in your pocket if he's done.
Huh? | 12:11 p.m. Feb. 28, 2008
Maybe the folks here criticizing this guy for his 'doom and gloom' story should take five minutes and do some research on the issue. Many government agencies and think tanks (conservative and liberal) have been sayong the exact same thing for years. It's not exactly news.

I might also add, this is not a Democrat vs Republican issue, it is a Democrat and Republican issue.

Pull your heads out of the ground. We can't grow out of this mess.
MTM | 12:23 p.m. Feb. 28, 2008
It's all his opinion, and we all know what opinions are like.

Shame so many people jump on his bandwagon and then attempt to blame President Bush for what's (in his opinion) happening. Anything to attack the president.
Rasputin | 12:35 p.m. Feb. 28, 2008
Ref: Nuclear Option
Obviously many are unfamiliar with what you are talking about. But there are some of us pre- Cold war fogies still around. The Russians had nearly the same stranglehold over the U.S. up until the fall of the Iron Curtain. F.D.R. under the Lend lease program had authorized the Treasury department to issue a series of Gold Certificate printing plates to the soviets during World WarII. There were several sets of these plates made. The Soviets wore out several of the sets printing and stockpiling Billions of Greenback Gold Certificates and secretly warehousing them. When we tried to get the plates back only the worn sets were returned. The Treasury Department realized the significance of the problem right off...... that much more currency had been printed than accounted for. Intelligence sources later confirmed what the Soviets were up to and that they still possessed two remaining near mint sets. The last of the sets were smuggled out of the Soviet Union by British agents in the 1960's. The soviets were never able to capitalize on destroying our economy for several reasons. I'll have to continue this later since I need to go and limited to500characters.
Age of critical thinking | 12:40 p.m. Feb. 28, 2008
Sorry MTM -
It must be difficult for you to witness the GOP (with The Bush Doctrine at the head) - imploding right before your very eyes.
The age of critical thinking has begun - and there's no stopping it now.
Then it's on to the New Renaissance!
Hear, hear | 1:05 p.m. Feb. 28, 2008
The man is right on the mark. The trouble is that even a new President can't bring Congress and the Courts back in line. It would take hundreds of newly elected leaders with the same platform to turn this mess around. The chances of that are nil.
Rasputin Part II cont. | 1:17 p.m. Feb. 28, 2008
Ref: Nuclear Option
Continued from Part I:

Poor old Harry Truman. First he had to be told about the Atom Bomb after FDR died in office and had to make a rather hasty decision to use them. Then looking at re-construction and all that would be needed to begin rebuilding Western Europe, he's finally told of the the Soviets plans to flood the world economy with legal U.S. Currency backed by gold. (NOTE: Under FDR the U.S. had been taken off the Gold Standard in the 1930's and it was actually illegal to own or possess gold.) Fortunately for Harry, he lost his bid for election and so Dwight Eisenhower inherited this problem of the Gold Certificates. For Utahns and for members of the LDS Church this is where the story gets interesting. Ike carefully began filling his cabinet and looking for key advisors to help solve the re-construction issues and many issues with the emerging New Soviet Union The Soviets thinking of what the post war world was going to become was far different than the perspective of Great Britain, France the U.S. and all of their allies. The Soviets were fearful of not being included in World affairs
ditto | 1:18 p.m. Feb. 28, 2008
Ditto to "SamHill" This guy is just trying to sell books. After watching what he did at Fonix, I am not sure I would trust any opinions that he has.
Critical Issues Press | 1:21 p.m. Feb. 28, 2008
Read Studdert's Book, America in Danger. Surprised that Jasen Lee did not mention that Studdert was talking about the book during his address to The Hinckley Institute of Politics. Look around, you can find it if you are interested.
BUSH | 1:27 p.m. Feb. 28, 2008
Well DUH!
Deseret | 1:24 p.m. Feb. 28, 2008
Must feel pretty good to use the power of censorship on someone you don't agree with.
Conservative | 1:33 p.m. Feb. 28, 2008
I am conservative, but joe Lieberman is one of the few in politics that can be called a statesman today.

McCain, Clinton and Obama are politicians... Power hungry, more of the same... politicians....

We are turning into a 3rd world country in fornt of our eyes....
Hope we all have talents to raise our own gardens or have the foresite to have a storage of food supplies.... Read about the great depression... we will most likley suffer the same.
SLMG | 1:34 p.m. Feb. 28, 2008
I read nothing new in this article. Everything Studdert says is true and has been for as long as I can remember and that is many years, it is always scary when it is put in front of your face like this article and probably his book. Studdert and his ilk report all that is wrong with America but give only vague solutions to the problems, mostly gloom and doom.
If you think that America is the only country living on credit and running up tremendous debt, every westernize country is doing the same thing, it is a global problem. Answer, quit spending and start saving, not just the countries but each and every one of us. We are all part of the problem so we can be part of the solution.
As LDS we have been told to be prepared in all ways and that includes financially, get out of debt and stop all unnecessary buying.
Immigration and terrorism are not the biggest threats to this country, we are with our out of control spending.
no recession? | 1:58 p.m. Feb. 28, 2008
It doesn't take a Ph.D in Economics to see how the U.S. economy is in trouble.
Today the President of the United States stated (or should I say, as he read from the usual pre-written speeches given to him) "we are not in any recession."
What dark days for America.
Is it November yet?
Knowah | 1:52 p.m. Feb. 28, 2008
If Studdert had any original thought it would die of loneliness. His outlook is real, but very, very outdated. Give us something new, PLEASE!!
John Reynolds | 2:03 p.m. Feb. 28, 2008
He is absolutely correct with every point.
Those of us who are informed and aware know this to be true !
Rasputin Part III cont. | 2:27 p.m. Feb. 28, 2008
Ref: Nuclear Option
Continued from Parts I&II:

The Soviets fear was so great that before the war ended they took several drastic measures. Thousands of Allied soldiers were taken prisoner including hundreds of Americans. They held them prisoner in Goologs in far remote areas such as Siberia. Many Soldiers were released as deals between the Soviets and the other Allied nations were concluded. Many American Soldiers however, were held for many years and the Soviets continued to use them as bargaining chips until sadly, our own government allowed them to be forgotten. This whole story is not one that our government wants revealed. A movie about the Gold Certificates and the recovery of the plates used to print them was made in the 1960's and shortly after the first screening all copies and the original were confiscated.

Getting back to the time of Eisenhower's selection of Cabinet members...... There were several members of the LDS Church who were selected for various under post positions within the Eisenhower Administration. However, one LDS man by the name of Ezra Taft Benson....as Secretary Of Agriculture, would secretly help the United States Government develop a program that would stop the Soviets plan.
Critical Issues Press | 2:32 p.m. Feb. 28, 2008
Apologies to Jasen Lee -- he did mention the name of Mr. Studdert's book. Ooops.
Kate | 2:57 p.m. Feb. 28, 2008
Mr. Studderts ability to take what he has learned through service to OUR country and then to speak out - is admirable! From some of the comments I've viewed, I'm seriously concerned with the inability of folks to think one advisor can constitute or be personally responsible for what a nation continues to do. I give him kudo's for saying it like it is with regard to the state of affairs in Washington and our country. Perhaps reading the book will give us a more in depth understanding of how we got to where we are today. Let's try to assess the damages and hopefully we can bring back some control in our government and in our personal lives. This is a direct and cumulative result of years and years of wreckless, riotous spending, and back scratching in our political arena. I believe this behavior is conspicuously evident - we TOO have adopted it in our personal lives. EVERYONE in America is to blame for what has transpired today, so let's figure it out and try to make some changes. Magninimoty is not an outdated word either. We need to embrace it a bit more in my book. THANKSMRSTUDDERT!!
canauck | 2:56 p.m. Feb. 28, 2008
Live within your means,folks Because the TV has an ad for "a new and better" thingy,actually means,buy me sucker.

Simple really,save for your future and the future of your kid's,heck they will need all the help we can offer.

We all have to "purchase" goods,but "shopping" is for the stupid.

If you need it buy it,if you want it, wait a week,bet you will not buy half the junk(re:made in china:) you thought you wanted.

Only one way to change "our" governments,starve them.

If it can be taxed, DO NOT DO IT.

Trade with your friends and your enemies.
A great reminder AGAIN! | 3:03 p.m. Feb. 28, 2008
It is good to hear these wake up calls. Who are we to think we can live on decadence and debt, trading in our freedoms for a little security.
However because Bush proclaims himself a "man of God" we all will allow our republican leader to strip our freedoms away and chain us with debt.
Maybe Ezra T. Benson, David O McKay and Skousen were right after all
Maybe all is not so well in zion.
Oh well we might as well just flip back on the tube and let someone else worry about this, or better yet, lets just call the guy who wrote this nuts.
Greg | 3:05 p.m. Feb. 28, 2008
Better not delay, take heed of the warnings that have been given. Prepare to get your year's supply in play.... :-)
patriotic spending | 3:17 p.m. Feb. 28, 2008
Not to worry.
The President of the United States today said we were NOT in any recession.
So come on everybody - go out and max out those credit cards!
If you don't - you must hate America and the troops.
(er ... sorry,... never mind about the troops thing)
Rashers | 3:14 p.m. Feb. 28, 2008
@ Not Scared. Did you wake up from that dream yet?
Rasputin Part IV cont. | 3:27 p.m. Feb. 28, 2008
Ref: Nuclear Option
Continued from Parts I,II,& III

Immediately after World War II, with most of Europe including Russia, lying in shambles. Food.....or rather the shortage of food became the greatest threat to the survival of the people of war torn Europe and Western Russia. Agricultural commodities became almost non existent in Western Europe. The United States, with it's production capabilities completely intact, and men swiftly returning from the war to farms and factories, production of everything needed for our own use and to send to our needy allied friends in Europe picked up and began to be shipped. The rebuilding of Germany would also soon begin.......until the Soviets made a move to divide Germany by isolating the Eastern portion of the divided Capital city of Berlin. The Soviets had only a modest capability to sustain themselves, but their eagerness to seize the rich fertile plains and valleys of Eastern Europe catalytically put the world into a tailspin.
Paperboy | 3:38 p.m. Feb. 28, 2008
The rampant and unrelenting movement within the U.S. away from the foundational secular underpinnings established by the strict separation of Church and State, as laid out by this nation's founding fathers, has essentially undermined the thoughtful discourse and reason, once a hallmark of a rational America, and contributed to blatant intellectual dishonesty. Sound science and evidential decision-making has been replaced by Creationism and magical thinking. Rational discourse about the environmental destruction wrought by overpopulation of the human race has been replaced by severe limitations on public support for sex education and birth control options. The consequences of allowing extreme religious voices to dictate the course of public policy has been disastrous and will only get worse, unless the people of the U.S. elect to make a fundamental change in the direction of this country. We need to course correct now.
To Spanky | 3:50 p.m. Feb. 28, 2008
THis problem was in the making long before BUsh ever thought of the White House. Goes back to FDR. Your comment is glib and sophmoric.
Spanky | 3:51 p.m. Feb. 28, 2008
We have a society based on greed, materialism, violence, only the strong survive, get all you can while you can at any price, war, arms manufacturing. And at the head of those values are George W. Bush and the Republican party. Those things are admired in our society. People who espouse welfare(one of Christ's doctrines by the way), equality, compassion, sharing, generosity, are mocked in the US today. What does this society expect? That God will come down and save us because we're his chosen people? What is happening in the US is a reflection of how we are as a people, our values, what we have done, and we're going to pay a price for it. And guess what. Going to church on Sunday, but worshiping the dollar Monday through Saturday doesn't cut it anymore.
Definitions | 3:55 p.m. Feb. 28, 2008
When your neighbor loses his job, that's a recession.
When you lose yours, that's a depression.
When your wife loses hers, that's a panic.
Sorry for the attempt at humor on such a serious topic, but I couldn't resist.
Stop | 3:53 p.m. Feb. 28, 2008
worrying. President Bush says there is no recession on the horizon. Everything is OK now. I'm also very proud of our pre-emptive strike on Iraq. What country can we invade next.
The war | 4:04 p.m. Feb. 28, 2008
is a major part of our national debt. Let's stop pretending its the overspending liberals and accept that Bush's illegal (immoral) war isn't the culprit.
Anonymous | 4:04 p.m. Feb. 28, 2008
The way things are going - I'd say man is on his way out.
Rasputin Part V Cont. | 4:05 p.m. Feb. 28, 2008
Ref: Nuclear Option
Continued from Part IV
The stage is set, the Eisenhower administration is deep into re-construction, the Berlin Air lift is over and ideas and plans to stop the Soviet threat to flood the world's economy with Gold Certificates are under way and being developed. The Russians are having a great deal of trouble with feeding their people and are asking the U.S. for economic aid. Secretary Benson is sent to the Soviet Union to assess the Agronomic situation. He reports to the President, upon his return, that the entire Soviet agricultural environment is grossly antiquated and their systems of production, harvesting, processing and distribution are so inefficient that nearly half of their production doesn't even make it out of the fields. Their technologies are almost non-existent and the government takes it's share without the remotest sense of helping their own farmers to increase production......... We begin to sell grain to the Russians and under our close supervision and monitoring the Greenback Gold Certificates are eliminated in huge quantities as partial payment. We sell them Combines and Tractors and Gold Certificates in huge amounts are again eliminated. On and on and on...... They finally ran out....SECRETLY
Economy is easily the best | 4:20 p.m. Feb. 28, 2008
WASHINGTON, DC�While speaking to a group of White House reporters, President Bush fended off questions about the weak state of the dollar, the expected long-term deficit caused by Social Security and Medicare payments, and a faltering housing market by assuring reporters that the U.S. economy's ability to have such a widespread negative impact on the world only further proves it is "easily the best."

"Our recent credit crisis alone has been enough to depress share prices in Japan, Rome, China, and Brazil," a smirking Bush said during a press conference Thursday.

"Sounds to me like our economy is still pretty powerful." Bush later added that he was equally proud of the impact U.S. foreign policy has had over the past six years, adding that only a truly great president could be capable of fostering so much hatred across the globe.
Ernest T. Bass | 4:21 p.m. Feb. 28, 2008
The republicans are entirely to blame for this mess. It began with insurmountable deficits during Reagan/Bush 1.
The current budget proposed by Bush 2 will include the largest debt in the nation's history.
Republicans have ruined this once great nation.
Deny-side economics | 4:30 p.m. Feb. 28, 2008
WASHINGTON, DC�Fielding questions from reporters at a Tuesday press conference, President Bush defended his adherence to the principles of deny-side economics. "Nope," the president said. "I keep hearing people say that the U.S. economy is troubled, but that isn't true. Our economy is strong. We just have to keep on doing what we're doing, and everything will work out." Leading economists say they are curious to see whether the president's optimism will trickle down into the public consciousness
Steve | 4:30 p.m. Feb. 28, 2008
Don't shoot the messenger. Forget about who this guy is or what he has done Or if he is to blame. Read the article! What he is saying is absolutly true. We are buying crap at the store. What was once made of metal is now being made of plastic. You take it home and it lasts for a few days. You could go down and buy parts for your old products but now you just throw them away. It is greed plain and simple. It is people buying 4,000 square foot homes with no children. It is people eating out every night and paying 15.00 bucks a plate. I can't believe how prices have gone up. Gallon of ice cream 1 year ago 4.99 one year later 7.99. Inflation is so bad but no one is saying a word. When inflation is high you raise interest rates. Nobody wants to do the hard things. we all want someone else to do it for us. Pay down your debt, buy a used car, live in a modest home, and get prepared cause its coming whether you like it or not.
buy back time? | 4:28 p.m. Feb. 28, 2008
The prices of U.S. homes fell by 8.6 percent in the second quarter, the steepest in 20 years.
Does this mean I'll be able to buy back my foreclosed home back soon?
got mixed up | 4:39 p.m. Feb. 28, 2008
WASHINGTON, DC�Amid growing concerns about the faltering stock market and deepening recession, President Bush vowed to tackle the nation's economic woes head-on Tuesday, assuring the American people that he "will not rest" until Saddam Hussein is removed from power.

"Our nation's economy is struggling right now," said Bush, delivering the keynote address at the National Economic Forum. "Our manufacturing base is weak, new home sales are down, and unemployment is up. Millions of our people are suffering. That is why I stand before you tonight and make this promise: Saddam Hussein will be stopped."

Added Bush: "This man tried to kill my dad."

Shortly thereafter, an aid told the president Saddam Hussein had already been disposed of.

everything is rosey | 4:45 p.m. Feb. 28, 2008
Today the president of the United States told us we are not in a recession.
Hang on, I want to mention this to the guy repossessing my couch.
Anonymous | 4:48 p.m. Feb. 28, 2008
During the Great Depression the song "Buddy can you spare a dime?" was popular.
I wonder what happy jingle will surface for the Great Depression II ?
John | 4:51 p.m. Feb. 28, 2008
It is time for an american revolution to over throw the capitalist rich and establis a new social worker's society of justice and equality for all citizens. What ever is good enough for our elected officials should be available for all our citizens: medical care, retirement, etc. It is time to bring back the unions and organized labor.
Unemployed are unpatriotic | 4:57 p.m. Feb. 28, 2008
WASHINGTON, DC� According to a Labor Department report released Monday, Americans who lost their jobs in the past year are doing little to aid the recovery of the nation's economy. "Unemployed Americans are neglecting their patriotic duties by spending far less than the gainfully employed," the report read. "Until these laid-off workers start pitching in and buying things, America's economy will continue to stagnate."

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