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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:17 AM Original message |
Why this could be worse than the Great Depression ? |
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gollygee (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:18 AM Response to Original message |
1. Also, we have more people and fewer farmers and less farmland |
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raccoon (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:34 AM Response to Reply #1 |
11. Exactly, in the 30's small farmers could at least feed their families. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:55 PM Response to Reply #11 |
26. farmers back then were screwed... |
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raccoon (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:58 PM Response to Reply #26 |
28. There are a lot few farmers now too. |
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demodonkey (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 01:17 PM Response to Reply #28 |
80. I have a farm but need help farming it. Seriously. Near Pittsburgh. PM me. nt |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:51 PM Response to Reply #1 |
25. the problem then was overproduction.... |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:19 AM Response to Original message |
2. Piggly Wiggly has cases of 24 cans of beans for $5 |
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KayLaw (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:22 AM Response to Reply #2 |
4. That's great. |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:26 AM Response to Reply #4 |
5. Oddly enough |
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KayLaw (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:31 AM Response to Reply #5 |
9. OMG! |
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SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:30 AM Response to Reply #5 |
18. Bush Beans for the Bush-Republicon Greatest Depression |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:38 AM Response to Reply #18 |
20. Sort of like the "Hoover flags" of 1930? |
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MadinMo (519 posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:26 AM Response to Reply #2 |
16. No Piggly Wiggly here, but I'll make a run to Aldi's. |
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iamjoy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:21 AM Response to Original message |
3. Congress Won't Do A Darn Thing Now |
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SammyWinstonJack (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:28 AM Response to Reply #3 |
7. It's a recession when your neighbor loses his job, it's a depression when you lose your own. |
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iamjoy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:33 PM Response to Reply #7 |
74. I Hope You Don't Think Me Insensitive |
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aquart (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:28 AM Response to Original message |
6. Not to mention no manufacturing capability since we offshored it. |
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aint_no_life_nowhere (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 05:38 PM Response to Reply #6 |
71. Too much of the U.S. economy consists of pushing capital around |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 12:50 PM Response to Reply #71 |
79. well investment plays a big part in creating output... |
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caledesi (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:30 AM Response to Original message |
8. We don't make anything here...it's all outsourced! |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:33 AM Response to Original message |
10. The population now is about 3 times what it was then too |
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SOS (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 01:13 PM Response to Reply #10 |
91. And the national debt is now $10 trillion |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Sat Oct-11-08 01:30 PM Response to Reply #91 |
92. the size of the debt.. |
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photogirl12 (887 posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:36 AM Response to Original message |
12. I absolutely agree with you. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:01 PM Response to Reply #12 |
31. I'm sorry for you but... |
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asteroid2003QQ47 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 03:07 PM Response to Reply #31 |
63. Wouldn't Misterutopian be more apropos? n/t |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 03:19 PM Response to Reply #63 |
65. not really... |
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asteroid2003QQ47 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 06:17 PM Response to Reply #65 |
72. Misternaivete then? |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 12:14 PM Response to Reply #72 |
75. I meant the right people as in... |
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asteroid2003QQ47 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:51 PM Response to Reply #75 |
84. I piss on "your" govt.! |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Sat Oct-11-08 01:05 PM Response to Reply #84 |
89. well unfortunately for you.. |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 10:41 AM Response to Original message |
13. almost all the assets and means of production in the country |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:07 AM Response to Reply #13 |
14. Many parts of our economy are in worse shape than in 1930... |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:37 PM Response to Reply #14 |
24. what part of the economy is in worse shape than 1930... |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:00 PM Response to Reply #24 |
29. and economic "growth" is more illusory and artificial now |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:26 PM Response to Reply #29 |
52. The dollar is worth much less. |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 04:38 PM Response to Reply #52 |
67. I agree |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:22 PM Response to Reply #52 |
83. the dollar was harder to control then.. |
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ChiciB1 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:15 AM Response to Original message |
15. I Think I'm Developing An Ulcer... Talking With Neighbors And Many Say |
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indepat (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:29 AM Response to Original message |
17. You are being realistic, not pessimistic. Our nation has been on the road to financial destruction |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:00 PM Response to Reply #17 |
30. Depends on Congress...will Democrats if elected reetablish taxes on wealthy---? |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:01 PM Response to Reply #30 |
32. ...will Democrats end monopolies, re-regulate corporations --- |
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leftchick (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:18 PM Response to Reply #32 |
39. it will be their last option |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 04:22 PM Response to Reply #39 |
66. Right .. .. they should be breaking these corps up right now -- |
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ContinentalOp (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 11:33 AM Response to Original message |
19. Great Depression? |
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QueenOfCalifornia (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:00 PM Response to Original message |
21. Realism |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:29 PM Response to Original message |
22. I disagree you're being pessimistic not realistic.. |
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QueenOfCalifornia (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:36 PM Response to Reply #22 |
40. Not so |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:44 PM Response to Reply #40 |
41. I agree the economy is in bad shape.. |
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QueenOfCalifornia (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:51 PM Response to Reply #41 |
45. Near recession? |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:00 PM Response to Reply #45 |
46. well technically we're not in a recession.. |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:24 PM Response to Reply #46 |
51. That's a raw definition, but it is one that the NBER does not use at all. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:39 PM Response to Reply #51 |
56. I'm not disputing what you're saying... |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:45 PM Response to Reply #56 |
58. True with Q3, but Q2 and Q1 numbers have been out a while now. They were dismal. |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:08 PM Response to Reply #22 |
47. If the market drops below 9000 today...? |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:18 PM Response to Reply #47 |
50. sorry I misspoke... |
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2speak (382 posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:30 PM Response to Original message |
23. Because I wasn't alive during the 1st Great Depression? |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 12:57 PM Response to Original message |
27. There are enough government resources which can be used for the benefit |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:03 PM Response to Original message |
33. The fight will continue over control of nation's wealth and resources . .. . |
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Taverner (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:05 PM Response to Original message |
34. I actually think we'll have it better than during the Great Depression |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:11 PM Response to Reply #34 |
36. Can you get an account in Euros . . . ??? |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:12 PM Response to Reply #36 |
37. An "account" or "accunt? |
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Taverner (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:15 PM Response to Reply #36 |
38. You can, but you have to jump through a bunch of hoops |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:10 PM Response to Original message |
35. Best case: A long deep recession with inflation due to drop of the dollar. |
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Marsala (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:48 PM Response to Reply #35 |
42. We may not get inflation |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:37 PM Response to Reply #42 |
53. More like disinflation, not deflation. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:51 PM Response to Reply #35 |
44. technically we're not in a recession... |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:39 PM Response to Reply #44 |
55. It's the old definition. the NBER uses this standard now: |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 03:04 PM Response to Reply #55 |
62. well regardless of that.. |
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pitohui (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 01:49 PM Response to Original message |
43. well here is my opinion why it is worse today |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:14 PM Response to Reply #43 |
48. How in the heck do you figure.. |
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pitohui (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:58 PM Response to Reply #48 |
61. read for comprehension |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Thu Oct-09-08 03:15 PM Response to Reply #61 |
64. I still dispute your argument.. |
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Jacobin (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 08:58 AM Response to Reply #64 |
87. There was no medical insurance in the 1930s |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Sat Oct-11-08 12:59 PM Response to Reply #87 |
88. but still.... |
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tismyself (501 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:15 PM Response to Original message |
49. or like here in 1865 |
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ScreamingMeemie (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:39 PM Response to Reply #49 |
54. That's what I was thinking. The carpetbaggers and the fake railroads |
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tismyself (501 posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:50 PM Response to Reply #54 |
59. if I had the time |
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ScreamingMeemie (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:55 PM Response to Reply #59 |
60. More than, for sure. |
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earth mom (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 02:40 PM Response to Original message |
57. It's going to be a different depression that's for sure. |
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yellerpup (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 04:48 PM Response to Original message |
68. Food banks are already begging for food. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 12:21 PM Response to Reply #68 |
76. that's not a food supply issue... |
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yellerpup (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 03:41 PM Response to Reply #76 |
81. People need jobs, alright. |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:15 PM Response to Reply #81 |
82. true people need jobs but... |
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yellerpup (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:21 AM Response to Reply #82 |
86. If employers keep laying off their workforce and outsourcing jobs |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 05:16 PM Response to Original message |
69. In the next couple of three weeks.... |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 12:27 PM Response to Reply #69 |
77. many states have had revenue problems for 7 years now.. |
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XemaSab (1000+ posts) Send PM | Profile | Ignore | Thu Oct-09-08 05:21 PM Response to Original message |
70. California has already extended unemployment benefits |
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serrano2008 (363 posts) Send PM | Profile | Ignore | Thu Oct-09-08 08:22 PM Response to Original message |
73. This could be worse than the great depression because it affects me! |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Fri Oct-10-08 12:31 PM Response to Reply #73 |
78. the govt. can still give moneyto the people... |
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asteroid2003QQ47 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 11:35 PM Response to Reply #78 |
85. If we all become incognizant cheerleaders* for the puppet master, will we... |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Sat Oct-11-08 01:11 PM Response to Reply #85 |
90. I'm not a cheerleader for Bush or McCain.. |
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asteroid2003QQ47 (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 06:39 PM Response to Reply #90 |
93. You see Bush/McCain as puppet masters!? |
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Mesteryo (529 posts) Send PM | Profile | Ignore | Sun Oct-12-08 11:39 AM Response to Reply #93 |
94. who is the puppet master oh wise one? |
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