Al Qaeda's Failed War on the U.S. Economy

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Al Qaeda's Failed War on the U.S. Economy

The fact is even americans are accping that the economy is doomed and Ike may hurt it further and fast.

Kindly note

1) I am not a muslim nor a supporter of terrorism

2) US has killed more common peaple in Irak than Saddam who is hanged for killing 144.

Dhananjay

Dhananjay @ Sep 13, 2008 04:03:15 AM

us economy

If the people of the USA can't see that they are faced with the worst economic and international crisis ever in history then so be it.If the US alows an attack on Iran then as far as oil prices and attacks against the homeland then,you ain't seen nothing yet!

deegee @ Sep 12, 2008 19:59:52 PM

oh dear

Bear Steins down, Lehman brothers going down Merril Lynch onit way down.

US economy strong based on what exactly? Hedge funds, shorting stocks? Exports?

The US economy is baseless watch it bring the world to Global recession.

joe twain of MO @ Sep 12, 2008 19:13:49 PM

Liberal Ignorance

Jimmy P.s' blog is a great chance for people to get quick summations of what really works: Free Market Capitalism and a national defense to keep it safe from Nazis, Communists and mentally ill Islamic terrorists who want to infringe on our individual rights. Where free markets are allowed to work we have innovation and typically that includes failed attempts along the way. Behold the modern car. Now consider the countless automobile companies that are no longer around. It's the same with Computers and all other industries from fast food to airplanes. Markets work. Failures alongside successes don't change that. America is a 200+ year live experiment that is consistently proving that Capitalism works better than other methods because it accounts for human nature; the desire to be free and reap the benefits of your hard work.

Ann Coulter is right on when she says that liberalism is a mental disease. Many of the delusional posts here lend proof to that. They are not interested in progress or prosperity. Their definition of fairness is simply taking from one group, the successful hard working ones, and giving it to the rest, or more truthfully, to themselves. Politicians demonstrate this as they enrich themselves by brokering that redistribution of income.

Milton F. @ Sep 12, 2008 15:37:29 PM

to Dolam of XX

Maybe the biggest reason is not the idiot at the helm. Maybe the biggest reason is personal choice. It seems to me, and has for a good ten years, that people are living beyond their means and getting themselves in trouble. I see all these houses, or mini mansions, that people are buying and then they cannot afford them. Forgive me for not feeling sorry for them. And, forgive me for thinking that the government should not bail them out. Quite frankly, a good lesson could be learned here. It's called you don't have to keep up with the joneses. A family of five can live in three bedroom one bathroom house. In fact most people did in the sixties. People make their own choices, and they should be responsible for those choices. This overwhelming new age sentiment of "I deserve" is to blame. I deserve the best job, not the one that pays the bills. I deserve money from the government because I am poor. I deserve the biggest and best house and the nicest car and the nicest clothes and two cell phones and satellite TV and internet. Upgrade everything! This sentiment is to blame. I think a recession would do us all some good actually. We've been a little too comfortable.

of TN @ Sep 12, 2008 13:39:00 PM

If the american economy is so healthy then Fanny May, Freddie Mac and Lehman Brothers went bust for no reason at all.

The reality is that America has long lived a great life at the expense of the misery of the rest of the world.

When you want you take and when you owe you put up world commodity prices so as to to make sure the world's poor bleed a little more for you.

I can't say that Al-qaeda failed, I believe rather that they hit America when it was financially down and knowing it would have no choice but to retaliate. That means spending lots of money.

The truth is you are facing financial bankrupcy because of many reasons the biggest of which is having an idiot at the helm.

Dolam @ Sep 12, 2008 12:51:41 PM

Does it count that Al Qaeda has us spending a trillion in Iraq and Afghanistan with no discernible return on that "investment" in sight?

I guess you don't consider saving American lives as a "return on investment". Since you speak like an Obamanite, I wonder what you think of his so-called rigorous plan for Afghanistan.

Does it count that we're so paranoid about flying that you throw away your mouthwash at the gate?

Sounds better than being blown up by explosives disguised as mouthwash, are you suggesting that would be better?

Does it count that your national debt has doubled since 9/11?

Read above: Since 9/11, the American economy has grown by $1.86 trillion, or 19 percent, adjusted for inflation. I'll take MY country's growth, how's YOUR country doing, not so good, huh?

Does it count that oil is $100 for the Iranian pocketbook?

Not for long, once we get alternative energy and domestic drilling going. It was Obama who said it is not how high gas prices are that is a concern, it is how quickly they have risen. In other words, high gas prices are good for his agenda.

ATLCT of GA @ Sep 11, 2008 16:13:49 PM

Thanks, HillbillyBill. It's nice to find like-minded friends.

of @ Sep 11, 2008 14:01:11 PM

Al Qaeda's Failed War

James , you are right on. What separates Americans from other peoples is our resilience and fortitude to overcome all of the threats to freedom that persist all over the world. God Bless America and thank god we had a republican in the White House after 9/11.

Keith Baaske of NY @ Sep 11, 2008 14:00:05 PM

of has it right

If not for the out of control spending for this war in Iraq that has attractdd Al Qaeda not previously welcome there, our economy would have a chance to be in reach of balance.

Even blowing the surplus this administration blew, bridges to nowhere would have not been enough pork to create the largest deficit in history.

It is not a comforting feeling to know that China, Japan and even Saudi Arabia, among others now own this country.

The American people were once the proud owners who financed WWII with war bonds, savings bonds, victory bonds ourselves.

HillbillyBill of TN @ Sep 11, 2008 13:38:20 PM

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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