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	<title>
	Comments on: What recession?	</title>
	<atom:link href="https://thenewneo.com/2008/10/20/what-recession/feed/" rel="self" type="application/rss+xml" />
	<link>https://thenewneo.com/2008/10/20/what-recession/</link>
	<description>A blog about political change, among other things</description>
	<lastBuildDate>Fri, 24 Oct 2008 04:35:52 +0000</lastBuildDate>
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		<title>
		By: Viet Kieu		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89856</link>

		<dc:creator><![CDATA[Viet Kieu]]></dc:creator>
		<pubDate>Fri, 24 Oct 2008 04:35:52 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89856</guid>

					<description><![CDATA[Ah yes of course... the old &#039;how can global warming be real when it&#039;s COLD outside today?&#039; argument]]></description>
			<content:encoded><![CDATA[<p>Ah yes of course&#8230; the old &#8216;how can global warming be real when it&#8217;s COLD outside today?&#8217; argument</p>
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		<title>
		By: I R A Darth Aggie		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89564</link>

		<dc:creator><![CDATA[I R A Darth Aggie]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 22:47:56 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89564</guid>

					<description><![CDATA[&lt;i&gt;If, on the other hand, they’re topping off their plastic, it’s gonna be a hell of a New Year.&lt;/i&gt;

They probably expect to bailed out, like everyone else has.

Frankly, it frosts me no end that I&#039;ve been &quot;responsible&quot; about my personal debt, but I&#039;m asked to pick up the slack for those who weren&#039;t.]]></description>
			<content:encoded><![CDATA[<p><i>If, on the other hand, they’re topping off their plastic, it’s gonna be a hell of a New Year.</i></p>
<p>They probably expect to bailed out, like everyone else has.</p>
<p>Frankly, it frosts me no end that I&#8217;ve been &#8220;responsible&#8221; about my personal debt, but I&#8217;m asked to pick up the slack for those who weren&#8217;t.</p>
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		<title>
		By: Bugs		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89543</link>

		<dc:creator><![CDATA[Bugs]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 20:16:09 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89543</guid>

					<description><![CDATA[It is what it is, and people handle it by doing what they&#039;ve always done in times of difficulty - keep living their lives. Suffering is relative. Even during the Great Depression, Americans lived better than people in most other countries. Not &lt;i&gt;everyone&lt;/i&gt; lost &lt;i&gt;everything&lt;/i&gt; and spent the decade standing in breadlines or selling apples on the corner. Forget about the iconic images and think about what people really did to get by. Somehow or other, they made it. We will, too - if we work together. 

I believe, though, that if Americans ever start to experience genuine deprivation we will turn on each other like starving dogs. This seems to be part of the modern American character.]]></description>
			<content:encoded><![CDATA[<p>It is what it is, and people handle it by doing what they&#8217;ve always done in times of difficulty &#8211; keep living their lives. Suffering is relative. Even during the Great Depression, Americans lived better than people in most other countries. Not <i>everyone</i> lost <i>everything</i> and spent the decade standing in breadlines or selling apples on the corner. Forget about the iconic images and think about what people really did to get by. Somehow or other, they made it. We will, too &#8211; if we work together. </p>
<p>I believe, though, that if Americans ever start to experience genuine deprivation we will turn on each other like starving dogs. This seems to be part of the modern American character.</p>
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		<title>
		By: Doom		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89536</link>

		<dc:creator><![CDATA[Doom]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 18:50:41 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89536</guid>

					<description><![CDATA[Sergey,

As much as I disrespect much of what Russian governance is and always has been, their science, math, and economic braintrust has always been a thing of amazement to me.  I am not sure if the problem is a disconnect between the governor&#039;s disconnect with the talent there, the attempt to remove God (and goodness in that attempt), or flaws inherent to those sciences, that has left Russian people groaning in agonizing governance, but...  I love the Russian classical, practical, and quite often correct and advanced logic.  Oh, their poets and writers send me well into high gear as well.  I wonder if suffering is what creates that?

In any case, I think I would have to agree, if cautiously.  As if, though too, I have any bearing or real knowledge on the matter.  I guess I just find it easier to believe what is most likely true, given what I do know and see.]]></description>
			<content:encoded><![CDATA[<p>Sergey,</p>
<p>As much as I disrespect much of what Russian governance is and always has been, their science, math, and economic braintrust has always been a thing of amazement to me.  I am not sure if the problem is a disconnect between the governor&#8217;s disconnect with the talent there, the attempt to remove God (and goodness in that attempt), or flaws inherent to those sciences, that has left Russian people groaning in agonizing governance, but&#8230;  I love the Russian classical, practical, and quite often correct and advanced logic.  Oh, their poets and writers send me well into high gear as well.  I wonder if suffering is what creates that?</p>
<p>In any case, I think I would have to agree, if cautiously.  As if, though too, I have any bearing or real knowledge on the matter.  I guess I just find it easier to believe what is most likely true, given what I do know and see.</p>
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		<title>
		By: sergey		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89496</link>

		<dc:creator><![CDATA[sergey]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 09:37:46 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89496</guid>

					<description><![CDATA[Former Putin&#039;s chief economic consultant, Andrey Illarionov, now working for Cato Institute, said that general public often confuse economic and financial crises, recession and depression, equity crunch with credit crunch, and so on. He was much more optimistic about perspectives of USA economy than most of pundits, stating that he does not see now neither recession nor economic crisis, only temporary decrease of production volume in several industries that has not long-standing consequences and often occured in the past.]]></description>
			<content:encoded><![CDATA[<p>Former Putin&#8217;s chief economic consultant, Andrey Illarionov, now working for Cato Institute, said that general public often confuse economic and financial crises, recession and depression, equity crunch with credit crunch, and so on. He was much more optimistic about perspectives of USA economy than most of pundits, stating that he does not see now neither recession nor economic crisis, only temporary decrease of production volume in several industries that has not long-standing consequences and often occured in the past.</p>
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		<title>
		By: Doom		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89494</link>

		<dc:creator><![CDATA[Doom]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 07:48:06 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89494</guid>

					<description><![CDATA[Yes, I&#039;ve noticed similar things.  I have noticed that neither the higher gas prices of the last year nor the financial instability, people are driving just as much if not more.  Parking places are actually harder to find.  And that, for certain, could not be passed off as a Christmas shopping thing.  

I, personally, have cut back in spending on those rare goodies, choosing to try and save some hard cash (for what it may be worth).  But I have not curtailed my driving.  Yet, most of the people I know just go on as they have always done, not changing a thing regarding spending, driving, eating out, etc.  Of course, I am more saving for some major things, to include a possibly great deal on a house in some not so distant future (or perhaps an ammunition reloading station, an AK-47 or SKS and extra mags, and perhaps a few other things along those lines, especially before O. gets into office, though McCain, to my mind, is a bit shaky himself).  A home purchase would be unwise if O. carries the race or the financials tank further (in theory?).

It just seems odd, for all the screaming and panic, not much has changed, as it seems from where I sit.  I was glad to hear President Bush suggest that America does not want to permanently inject socialist governmental long term policies into our banking and financial sectors, like Europe (or, that is as close as I get paraphrasing).  Still, I am not sure I trust him completely, but less so those who are about to be elected, Curly and Moe.  For as much as I do not trust President Bush, I will miss him.  He actually was the kind of man, if not always politically certainly socially and culturally, who I was pleased to see take the office and to be comfortable calling President, with a capitol &quot;p&quot;.]]></description>
			<content:encoded><![CDATA[<p>Yes, I&#8217;ve noticed similar things.  I have noticed that neither the higher gas prices of the last year nor the financial instability, people are driving just as much if not more.  Parking places are actually harder to find.  And that, for certain, could not be passed off as a Christmas shopping thing.  </p>
<p>I, personally, have cut back in spending on those rare goodies, choosing to try and save some hard cash (for what it may be worth).  But I have not curtailed my driving.  Yet, most of the people I know just go on as they have always done, not changing a thing regarding spending, driving, eating out, etc.  Of course, I am more saving for some major things, to include a possibly great deal on a house in some not so distant future (or perhaps an ammunition reloading station, an AK-47 or SKS and extra mags, and perhaps a few other things along those lines, especially before O. gets into office, though McCain, to my mind, is a bit shaky himself).  A home purchase would be unwise if O. carries the race or the financials tank further (in theory?).</p>
<p>It just seems odd, for all the screaming and panic, not much has changed, as it seems from where I sit.  I was glad to hear President Bush suggest that America does not want to permanently inject socialist governmental long term policies into our banking and financial sectors, like Europe (or, that is as close as I get paraphrasing).  Still, I am not sure I trust him completely, but less so those who are about to be elected, Curly and Moe.  For as much as I do not trust President Bush, I will miss him.  He actually was the kind of man, if not always politically certainly socially and culturally, who I was pleased to see take the office and to be comfortable calling President, with a capitol &#8220;p&#8221;.</p>
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		<title>
		By: D. B. Light		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89479</link>

		<dc:creator><![CDATA[D. B. Light]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:31:12 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89479</guid>

					<description><![CDATA[This evening my wife and I were in a small city. We drove past several chain restaurants [Outback, Red Lobster, Olive Garden, etc.] In each case the parking lots were filled. Obviously they were all doing great business, on a Monday night. That certainly doesn&#039;t look like an economy in which middle-class people are having to scrimp and save.

And regarding the lack of credit. In recent weeks a close friend of mine has received two unsolicited, pre-approved credit cards from major lenders and two notices from others that his credit limit had been raised. His wife has also received an unsolicited credit card and two notices that her credit limit has been raised. It appears that people with bad credit histories are having some inconvenience, but those who have been diligent in paying their bills are being sought out by lenders.]]></description>
			<content:encoded><![CDATA[<p>This evening my wife and I were in a small city. We drove past several chain restaurants [Outback, Red Lobster, Olive Garden, etc.] In each case the parking lots were filled. Obviously they were all doing great business, on a Monday night. That certainly doesn&#8217;t look like an economy in which middle-class people are having to scrimp and save.</p>
<p>And regarding the lack of credit. In recent weeks a close friend of mine has received two unsolicited, pre-approved credit cards from major lenders and two notices from others that his credit limit had been raised. His wife has also received an unsolicited credit card and two notices that her credit limit has been raised. It appears that people with bad credit histories are having some inconvenience, but those who have been diligent in paying their bills are being sought out by lenders.</p>
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		<title>
		By: jon baker		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89476</link>

		<dc:creator><![CDATA[jon baker]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:23:06 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89476</guid>

					<description><![CDATA[I like the way Glenn Beck looks at this.  I fear he is right.]]></description>
			<content:encoded><![CDATA[<p>I like the way Glenn Beck looks at this.  I fear he is right.</p>
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		<title>
		By: jon baker		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89474</link>

		<dc:creator><![CDATA[jon baker]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 03:21:19 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89474</guid>

					<description><![CDATA[On the one hand, I believe the media is playing this up for Obama- never mind the Democrats role in Fannie Mae and Freddie Mac.  What the press though is seriously missing is how all this national and personal debt will catch up with us at some point.  The press seems to think of consumer spending and &quot;stimulous packages&quot; and &quot;bailouts&quot; as what keeps the economy going.   The press has the same sophisticated  view of the economy that a spoiled teenager does with her daddy&#039;s credit card.  They make me sick!   What we need is more domestic energy production and less regulatory burden on buisiness.  Don&#039;t even get me started on the Goracles Carbon cap and trade BS that is coming down the line.]]></description>
			<content:encoded><![CDATA[<p>On the one hand, I believe the media is playing this up for Obama- never mind the Democrats role in Fannie Mae and Freddie Mac.  What the press though is seriously missing is how all this national and personal debt will catch up with us at some point.  The press seems to think of consumer spending and &#8220;stimulous packages&#8221; and &#8220;bailouts&#8221; as what keeps the economy going.   The press has the same sophisticated  view of the economy that a spoiled teenager does with her daddy&#8217;s credit card.  They make me sick!   What we need is more domestic energy production and less regulatory burden on buisiness.  Don&#8217;t even get me started on the Goracles Carbon cap and trade BS that is coming down the line.</p>
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		<title>
		By: kcom		</title>
		<link>https://thenewneo.com/2008/10/20/what-recession/#comment-89472</link>

		<dc:creator><![CDATA[kcom]]></dc:creator>
		<pubDate>Tue, 21 Oct 2008 02:56:43 +0000</pubDate>
		<guid isPermaLink="false">http://neoneocon.com/2008/10/20/what-recession/#comment-89472</guid>

					<description><![CDATA[I was out riding my bike (as in bicycle) this past weekend and there were so many cars on the road it was ridiculous.  I thought I&#039;d get some peace and quiet out in the country and even on a Sunday afternoon they were going past me six at a time.  It felt like rush hour.  Gas here has dropped about $1 a gallon in the past three weeks so one of my theories was that the pent up demand for travel was expressing itself now.  If it wasn&#039;t that, I don&#039;t know what it was, but people certainly aren&#039;t staying home.  Even when gas was over $4 a gallon the streets were busy.  I don&#039;t know what a serious recession would look like in 2008 but this isn&#039;t how I would imagine it.  So I&#039;m skeptical, too.]]></description>
			<content:encoded><![CDATA[<p>I was out riding my bike (as in bicycle) this past weekend and there were so many cars on the road it was ridiculous.  I thought I&#8217;d get some peace and quiet out in the country and even on a Sunday afternoon they were going past me six at a time.  It felt like rush hour.  Gas here has dropped about $1 a gallon in the past three weeks so one of my theories was that the pent up demand for travel was expressing itself now.  If it wasn&#8217;t that, I don&#8217;t know what it was, but people certainly aren&#8217;t staying home.  Even when gas was over $4 a gallon the streets were busy.  I don&#8217;t know what a serious recession would look like in 2008 but this isn&#8217;t how I would imagine it.  So I&#8217;m skeptical, too.</p>
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