Who's at Fault?

Cool again. This news Boston's talk station and AM succeeding W want to know.

during the from the new Reynolds world headquarters building. It's spears saw how it color show. There and euros and fifty days to set the course. For the next few decades we should never allow ourselves to lose sight of the catastrophe we face. They present warming trends continued through your low.

Until I first came to Belfast. Restated the Europa hotel. As I have again this time. Even though then there were sections boarded up. Because of damage from bombs we landed in one of those. Corkscrew landings and ran out because they said there might be sniper fire glory card is not a news organizations sources. It has a perspective. Well it's monumental step on the part of the White House obviously not -- it's also infuriating I was sitting Alexis it's getting matter and -- the idea that the press any news -- lectured.

But people who live for a living about what qualifies as news these infuriates. Us most ridiculous thing I ever heard.

Leo I just lost one of my -- administration is the Obama administration's I guess I'll bring you give you an -- something on your behalf. Maybe B plus nobody can be arguments of reality gender now how long runs. -- motion. My thing is the integrity of my administration Hamas powered card W arterial radio network. Always got some good wins tonight Korea.

Some great mumbled cuts from the debate last night. He was in fine form. Who was of Korea wasn't quite Ted Williams getting a home run in his last that batter. Babe Ruth pointing where -- Babe Ruth pointed before he allegedly pointed before you -- final home run. But. In mobile she most likely final debate of his career he was. Truly mumbled to ask there's no doubt about that and again will have a lot of of misty. Afternoon goes on here. 1877469432218774694322. That is the whole free. Number of the Howie -- show if you would like to join us here this afternoon and every weekday afternoon. First of all nobody had doctor know when that -- A longtime stage and screen actor most widely known for playing the villainous title character in doctor no. The first feature film about James Bond died Monday at his home in Manhattan he was 981. Released in 1962. Doctor know. Featured it featured. Weisman as doctor Julius knows sinister scientist. Who was bonds' first big screened. Adversary. They're now yes indeed 18 -- not in the death pool. 18774694322. That is the toll free number. Of the Howie Carr showing if you would like to join us. If you would like it was Lewis show on the Internet you can always do so go to our website which is how we cart dot com how we cart dot com and click on the -- audio. Streaming were coming down with a time of year when it's very hard to pick up the station after dark. What's almost hard to pick up station after dark but I don't care -- affects my show. And now it's gonna affect my show and that if you can't pick up mighty -- show on the Boston station after dark west of west of west of parks where let's say. That you could always listen to it on W almost to my show on WC RN AMA thirty WC RN AME thirty. And also what how we cart dot com you can take part of our daily Internet poll question. The poll question today is sandy.

Who is responsible for the economy George Bush Barack Obama Barack Obama.

Oh -- mine earning 70% say George Bush that that'll change though I don't think you're off. We we just put it up a few a few moments ago he's only been office since January really in this economy with thank -- long before he got endorsed by I know let you know -- exhibition at George Bush did George Bush delivered the words you mean Chris Dodd and Barney Frank Bennett they aren't there are solved the sub prime disasters that. -- through the aisle models CU Leno bush and bush got an idea.

When there's a Democrat mean in the office you don't parse Miller responsibility I just told a Democrat responsible what are Republicans in office then we Gaudin.

You know I have to a lower level if you're George Bush and tried to get a handle what the Republicans in congress on these sub prime fiasco that I would be saying that some of it is George Bush's fault. But the fact is. You know rush was reading today from a story from the AP about the terrible 5% unemployment rate this was from may of 2000 -- almighty god it was speech. Was a harbinger of the Great Depression part so. Now today there was a story. Same same. Associated Press -- state run media. Saying that the get used to 10% unemployment that's -- that's where Tenet to it's up to it's up to nine point 8%. They should this may be the new norm most telling me yesterday I heard on CNBC they said flat is the new up. Flat is the new -- and it's good news. When the whatever segment of the economy whatever industry goes down less than they had thought it was gonna go down earlier in the year that's now good news. On on CNBC. And all the rest of the have bought and paid for in the satchel trust fund media. So why is so we're gonna just talk about this say about the who's who's who's who's responsible the year for this this messed. This was a good story from the Chicago sun times and ever heard of this guy Steve Huntley. We have a good column today. Have you heard the boos Borough President Obama inherited an economic mess from the Bush Administration. You say that's hardly news but it's been the message sound that over and over by.

White House top Obama adviser David Axelrod said on one of the Sunday news show us. Ram Emanuel or use the worst economy since the Great Depression lineup public TV news show. You'd think it was October 2008 the final month of the Obama presidential candidacy rather than October 20099. Months into the Obama presidency. Yet the Obama White House is in full campaign mode maybe because it needs to mask the shortcomings of the Obama presidency. Take for example all the talk of inheriting the worst economy since the 1930s. That came in response to the news that the federal deficit hit one point four trillion dollars. Yet just a few months ago the Obama camp forcing -- a little different food. It was under criticism for the 787. Billion dollar stimulus package -- bulldozed through congress on grounds that massive spending. Was needed to keep the unemployment rate from breaching 8%. When the joblessness hits nine point 5% in June vice president Joe Biden said we misread how bad the economy was. They inherited the worst economy of the great since the Great Depression or the economy turned out to be worse than they thought which is that it can't be both. Says the Chicago sun times unless your brain is completely rattled by Obama charisma. Polls show the public losing faith and his policies another indicator was a Saturday night live's get Obama away importing Obama for the major accomplishments of his administration ration. Jack and swapped. If the honeymooners and with the American -- voter it is and ended with a -- elements of the mainstream media CNN frustrated itself by a fact checking the CN -- the SNL comedy skip. Mostly about that today you know that. And it was HL Mencken who said that inning inning newspaperman. Who has more than three people attending his funeral was a failure. Meaning that you know a newspaperman should not be well liked. Because he's reporting the truth I mean they -- that CNN. And MSNBC don't have anywhere they don't have any viewers but they're gonna have a lot of people at their funerals. Because they've been so oxy queen gets a good word. The sun times used it to the demo.

Operatic establishment. But CNN is harmless compared to the virulent campaign against Obama critics carried out by the denizens of MSNBC it's Obama acolytes. Seek to demonize opponents of Obama's policies by focusing on most marginal quarters of right wing politics like for example the birth -- Who deny Obama is a natural born citizen. But larger scheme is to imply that Obama critics are racists. That's the backdrop of the story of Rush Limbaugh getting booted from a group bidding to buy the ramps to the St. Louis Rams. He was smeared on CNN and MSNBC with false accusations of making too racist comments. By the way. You know Rick Sanchez one of the guys who -- the comments without any attribution didn't bother to -- cover himself at all -- any reputed or allegedly or according to. Some own -- vanity press published block. Now Rick Sanchez is comparing. Arpaio sheriff Arpaio from Arizona. To bull Connors. BP. The police chief now in Birmingham Alabama used the the the police dogs on the civil rights demonstrators. Arpaio wants to do something about the illegal immigration people who violated the law by coming across the border and and she had jazz is comparing him to what one of the most virulent racists of the 1960s. Does that guy ever learn any thing. Somebody take away the electric -- from Rick Sanchez we don't want him we don't want to have any more problems like the earlier ones that where they were talking about. Rush was an abrasive critic of Obama's -- must be racist or so goes the left wing storyline -- were used to blacklist Limbaugh from the professional from professional football. Recently and MSNBC personality accused the US chamber of commerce of lobbying for policies that amount to being quote treasonous to this country. Remember how liberals roared in protest and outrage at any hint of their patriotism being questioned for criticizing the Iraq War. While -- left that doesn't shy from attacking the patriotism of those it dislikes remember the repulsive move on board our board. Dot org general betray us -- against. I Iraq commander General David Petraeus recent opposition to Chicago as the Olympic bid was cast as a lack of patriotism. The MSNBC blast against the chamber appears to dovetail with what politico. What ports is a White House and democratic effort to marginalize the business organization. That echoes the administration assault on the Fox News Channel access foxes and a news organization like of course CNN and MSNBC. The White House trying to dictate who's a news organization Democrats out there and got a business group Obama media allies damning Americans as racist unpatriotic and treasonous is this the America Obama promised when he campaign to end the cynical divisive policies of the past. Good column I have to Europe to read more of us Steve --

Well it's money mentally stupid on the part of the White House obviously this is I wish you well it's as counterproductive the obvious of course it doesn't doesn't help them in the long run their whining. And no executive branch shall present looks good whining.

But it's also infuriating kind of sitting Alexis it's getting matter and matter the idea that the press any news Allenby lectured.

But people who live for a living about what qualifies as news these infuriate.

Self pity is not good box office some old Hollywood -- said that it's certainly applies to the president of the United States I agree for once with Tucker Carlson. 18774694322. Did you hear about this -- whole thing we we ought to -- city we gotta get some of the cuts from bright part -- com from the National Press Club yesterday do you have any of that stuff. Those cuts for my the the fake -- These Luby's moon -- takers claim that they were from the chamber of commerce in the chamber of commerce has that changed its position on cap and trade was now in favor of -- cradling the economy to -- To to fight global warming which increasingly appears does not exist. There was little busy on the local front and the cut issues OK well we'll try to -- try to get that have like -- get those -- cam at some point you're somebody got up. They and its eight. Yeah we don't know I know he's out in her column happens. But here's -- here's the thing. These this guy was run a fake fake press conference claiming he was from the chamber of commerce this was at the National Press Club the chamber of commerce heard about this I -- somebody formally call for comment. Italy since somebody down and the guy said what is second this get this guy's a fake -- This -- a phony -- this is that this is a prank you want you idiots are falling for a prank. That's always start they turn around don't care about the prank Tuesday these peace slobbering. Bolts. -- who or what what global remains of the mainstream media they -- this this fake or was given what they wanted to hear. There were run a day they were just studied drooling over the fact of the chamber of commerce engine they've they've and one the first -- 10 except that the real guy from the chamber of commerce was really from the chamber of commerce. And that they start basket -- Willingham hectoring him. Why didn't shoot why don't you change your mind about cap and trade everybody knows they're really has global warming even though it's getting colder -- this is just a temporary everything. -- it it's insanity. What what the media has become and they didn't. It's gonna be bad news on Monday I have a feeling it's gonna be bad news for everybody in the newspaper industry but the the the six month circulation numbers are coming out. And I I think that that the declined you've seen heretofore going to be nothing compared to what we see on Monday. And I hate to say I hate to say that is. There might affect some papers but I work for. But I think it's gonna affect more the the -- newspapers in case you didn't see the news more news today. The New York Times is gonna lay off another hundred people and you know you only you could only begin to imagine what the the Boston Globe which is owned by the New York Times is gonna do come January 1 and the new caught the old contract expires. They're gonna take a chain saw to that petrified forest of dead what Don Morrissey boulevard. 18774694322. Who's responsible for this this economic. More -- in the country today who's more responsible -- here next with our cargo had a --

Afternoon rally well I have a match that message followed talking head idiots okay. Once we know captain takes control of the ship the captain is responsible to -- the course and failed to record and sail the ship. In -- waters. And you know what order bombers during his seven he's running the ship aground in the Iraq stuff that's exactly what he's still like. And he's nothing but a con man I'll give you the best example but. He's said before he was elected -- that he would take the war to Afghanistan. That that's what the priority should be it's been mentioned the fact that. He would go in north Pakistan and and and -- and attack whatever strongholds in Pakistan. He made that -- okay now. Wait after he was elected immediately within days. He was given security briefings like every president elect does is give and so they're ready for the day they take office -- now. What that we told should've done if he wasn't such a -- SOB okay he -- got the generals together in the divot he took office. Each other -- a planned and he should put the plant and animal and a media.

Remember he in March she had a press conference he said they had a planned. Remember that I am a Charles Krauthammer wrote about that last we kept the quotes about how we now have they would now reach our conclusions -- ready to go and now we saying. We don't have a plan he needs more time to think about it.

You know holly if it really is unbelievable I get a kick out of the demonstrations that happened recently you know against the war against -- Iraq. You know a lot of service of bomb kisses there's got to wake up please just to conduct.

You think a lot Lamar Russ I mean maybe some better youngest daughter and -- just always.

wake up but what -- do about it don't know this but the point is they -- to realize. That he's a con -- there's smoke there's no question about it but you have to realize that they're not complete idiots.

I just wanna know how long they're gonna just keeps -- usually people say what they have a high. CNBC nobody believes it because they can they don't see what their own eyes. I mean how long is it gonna be before these people wake up.

You know how we let's put it this way. I have more regard for the bombs on the Boston -- I do was run in the process that the country right now.

Thanks for the call us 187746943221877469. Immune to bombs conjure gate -- common as -- wants. The -- congregate -- common lines but there were some good -- last night Fred your next with how we cargo ahead Fred. --

Yeah that's in my opinion George Bush was the worst president of my time.

He ran the deficit from five trillion to ten trillion goal went from 37 lead to a thousand -- Now many people say Jimmy Carter is the worst president.

But he's got an excuse he's the Democrat we -- know they've got lower IQ's.

Mind you we would hang up 18774694322. The price of gold continues to go up I mean George Bush's is deficits is unimaginable as they weren't even a year ago. Now seem. Quaint almost compared to what the Barack Obama's talking about and then what is it what is he gonna do we point to what EE. He's going to use the the run up in the deficit to rack. The national health care system and speaking of national health care there's a story in the British press today at soldier would do one a day from now want. The story today is about the the hi my three blocks that at the national health service in Britain. Guess what they have they have a special do you know why AM program at the national health service. In Britain where they get to go away and ahead of everybody else. Yes they do while read that to you as we go through reverend guy can't oh here it is. In the -- in the London times today the national health service has spent a million and a half pounds paying for hundreds of its staff. To have private health treatment so they can leapfrog their world waiting lists more than 3000 staff including doctors and nurses have gone. It at the tax payers expense in the past three years because accused and clinics and hospitals where they work are true long. It's simply isn't fair to have one service for staff and another for everyone else said Norman -- the liberal Democrat health spokesman who obtained the figures. Does anyone doubt that. Headlines like this are not and our future. 18774694322. You see in the papers today. That the third VCR in nine in Boston the department of conservation and recreation the old MDC. They've laid off a bunch of rank and file state employees. In all of all of Deval Patrick friends who have just been hired recently. They've been on patched. It's the same it's the same scam that they'll work with health care I mean it's just kind of you know and I -- ball roller when it happens with some hacks. At the old MDC. When you're when year old wife is on line and and somebody is getting preferential treatment because there are -- I think he'll be will be doing more Warner Roland your rise Josh your next without one cargo ahead Josh.

Down -- where you're seeing now is they're Republican bush Republican Cheney and Republican Ron stroked a legacy. Whether it's the economy or the two wars.

I -- I remember its way right Josh I thought if we gave him the stimulus deal could be I mean -- The unemployment rate would go above 8% now he's got the 787. Million dollar stimulus unemployment is -- nearing 10% and they say they want more money. Are you went -- why they went quite well I. Concepts primaries and unemployment rate under George Herbert was an 88 the economy the end. And the okay now. Now it's 10% -- tell me how wonderful it is just because you're moan about it you don't have to work Josh thank you earlier Republican. Important job. You're republic -- lose just two years. Josh didn't lose his job because he never had a job he's living off of moms trust fund right Josh are you know there are gonna get up Medicaid check. Yeah recovery and it doesn't answer he does an answer. Yeah republic no idea it's a broken record Josh Josh where do you work. You don't work don't -- You know more. 18774694322. Courtyard next with how we cargo ahead --

They -- a couple of conspicuously absent from the immediate sense Obama circle we are here that you care about them. Misery index people I wonder why that is.

Well don't you don't know having notre mentioned you don't hear about the real unemployment rate. Right they always -- that -- the the people who were listed in that that mine and it nine point 8% plus the people stopped looking. They always used to list that would bush and it won't come up to about like 12% and let's say again it was the end of the world. Now it's at 17%. And so they've decided not to stop talking about it.

Our policy issue. She -- you -- you're not gonna say anymore I mean I'm sure you stick him and don't expect -- to remote wants that it.

Didn't she moved to Washington.

Got no she didn't you're absolutely right.

Pillows and how we got to George Soros was product -- Bradley was rush. Not Easter but I don't usually don't seem to bring out I don't care about them like.

I didn't know it was a Nazi sympathizer but I didn't did know that he's he's been involved in some serious -- currency speculation. I wonder Republicans did that there was a terrible thing but when George Soros does -- it's just just the free marketplace at work.

Well you know what you're a Republican Europe vulture capitalists when you're democratic venture capital.

Very good cook thank you. Why an 8774694322. -- you're next with how we cargo ahead --

I mean I want. First I want somebody -- it which is mobile up North American trade union agreement.

Always at the one we're gonna build a superhighway from Canada there while Mexico.

That's correct that that child was signed in Mexico since secretly yes. Okay well. What obviously the government still has -- one after the banks and they if the auto industry they don't know how. And now they're gonna go out to the other Big Ten which immigration which increase the text based. While the New York's six years ago the -- won't get it to all 35 adults forty Euro adult living get about 68 -- euros that's. A 50% swing the other way we've -- can be valued at seven minutes from now.

Not much. Not much I think you know again purely say he the upper income -- classes aren't spending as much money as they used to don't you think they're just kinda waiting I mean they're -- ever I mean everybody's very worried about what this. What these economic. Programs if you could even column that are gonna do to the dollar due to the economy at large.

Bob by I doubt Obama's cent bet back afterwards what -- saw this green energy I think it's just such a stake in -- obviously to get tax. -- Americans what. It's Saddam you know this global warming climate change agenda while the people attacks through the group now they're going to be taxed again then what -- these -- Quote jobs energy coming up -- people gonna have any money people wouldn't. But check it check right now so. I think it's just plan in the works. I think it's devalue the dollar evidenced. And that whatever one so that's some conspiracy Kerio we had things going on it's evident that you don't have to every industry they can get --

Why why do you think the Chinese are or are so concerned I mean they've they've given us they want this all this money and they're afraid we're gonna pay -- back in dollars that are worth dime's right. Why do why do you think the these -- the oil cartel's war -- are talking about getting away from using the dollar same reason right.

That's correct they don't don't -- they don't recognize a dollar and I think there's fourteen country Israel now. -- since what you -- one would only recognize -- dollars BI this standard anymore so.

We asked to be the -- country in the world and obviously now where were acting like a banana republic inflating the currency to -- war we announce our debts.

Bright bright so I think it's pretty darn scary analysts you know this some change obviously people aren't spending money but. I ask the middle class so lower class support every one of -- now want to have to collapse as wanted to -- you know beautiful people would you say. Anyone else will be important in the attacks felt so they don't give a crap what I've got to let.

Thanks for the call Chris 18774694322. I'm Howie Carr. Need to maintain your -- in the business world or maybe just looking for a way to get back into the workforce go to WM 680 W market you know.

8774694322187746943. -- the toll free number. Of the house -- car show. Bobby you're next with -- cargo ahead Bob.

Yeah -- in listening to the article you read but they MSNBC. And they mentioned about the birth thirst -- that. Well bombed that you're kind of doing assertive well I guess you're not getting you're kind of doing the same thing they are by dismissing the -- because the birth there's. Some of the -- from what I read those states to question him not him in not being born in Hawaii. But it's a legal question that under the constitution. Is unique requirement that the president has to have to sit citizen there.

I understand all that -- buddy you know the fact is there you know the as the old saying goes the Supreme Court follows the election returns in the rocket take away the presidency from a guy so with it is a bit of a distraction.

Well not we do not aware defectors and district court cases right now.

I had no way I know Wi-Fi follow web site you know why the what I you know I tell you understand yes I I I don't have time to spend my life chasing this stuff down there believe me Bob you know I know you're not gonna believe may but they're not gonna take the presidency of the united.

We'll have the point why they don't have to the case sunny California by Alan Keyes and -- he's got this whole. See you're doing the same thing how we. I'm letting you unwitting user let me tell you Laura birth image Justine it's it's doing the same thing when we finish. I'll let you finish but I'm not gonna keep beyond for -- large territories record when he's back that's.

Basis civil action by -- by keys against Obama for civil damages for fraud it doesn't involve a constitutional issue. If he can prevail in -- court they're brought -- dismissed and looks like his case is gonna -- group. If you recovered even nominal damages rule Barack misrepresentation on the election it's gonna be big news.

Okay that's twenty that's second -- ages I can recover that's my prediction. 1877469432. Tube another Bob your next with how we cargo ahead Bob.

I don't know you don't do that. -- to -- your lucky day because I'm gonna get the answer is whose fault it is because of the way our -- it has yeah that's it. Our all of the people have voted that and all that and we need to take accountability. For the people we put up its rhetoric. Republican Democrat in the -- We need to hit big free -- a government and we eat it takes twelve -- attic air.

What does it mean what does that mean get agreed on a government Bob I mean it sounds nice but it's it's really kind of a meaningless stuff phrases and it.

Well I think their -- and this and that might help okay in that base but it is an obvious I've gotten. Too much involved with the government and the -- I.

But big public sector unions. It. I mean I would say big public sector unions they're not being attacked by the Barack Obama administration they're not being -- skimmed by a my left wing moon bats tied to the Obama administration in one form or another.

I we I I am alt support getting the union -- from new York and our teachers union in New York Kelly not. And now off target I'm for giving all this other -- government and believe it do what it was setup to do. Right -- kicked out and I kicked. We get the people -- those people but can bring it back to where we where I know it's so tired this guy. Caught but. I think we're the play part of that's where we need based.

Well we do well we do limited democracy and as I always say and everyone always says say in a democracy the people get the government they deserve in you know I mean I that the problem is that you know 47% of us. Even last year could see through this maker. And the you know where we're being dragged along here and having our economy will one demand. Our healthcare possibly destroyed. And we may have to suffer -- ruinous taxation. To what to do something about a problem that doesn't exist. And that's just I mean that's just for starters you know within the only -- with a little point to the Supreme Court.

You know I got my teenage kids they're back under eight feet. I thought it -- there's the night at Ball State that they clashed over entirely but. It -- close and it's scary.

I know I wanna listen to the it to their iPods -- that they would like to video games that's all they wanna go to the --

activate it we gotta get it. I don't doubt it we just gotta be something to take control look at and take over the people that work but also worked for us our government -- Oprah. For some reason we worked for that about.

A year and let's say you're absolutely correct about that thanks for the call Bob one they and it's only gonna get worse. The bush tax cuts expire on December 31 2000 Tony minister Republicans make huge gains. In the 2010 elections it'll be too late to want to stop the tax cuts from expiring it with a tax cuts expire that means that everyone get a tax increase. All choose -- everyone who works we're gonna tax increase. Many of Obama's supporters this is like not a pressing concern unless they get a job but they're not -- got a job any time soon are they. 18774694322. Gem here next with Howie -- go ahead gem.

Big -- if they get much worse some get an iPod till the you know we got worse group we're all screwed but. Then it's cloudy could make -- until because he'd -- real good recovered finger up of people don't wanna pay attention anyway. They've got to think -- day that he can run but he's not god -- and those little body bet that the the body can outcome out of Afghanistan. He can't spend that the other thing of the economy can Charlie Watts but. People are already starting to get if he had -- could you imagine six months from value no bank is gonna be worse. I don't care how charming -- people are gonna happen at that point you go down till.

Yeah I hope he's going down Jim but number one the that the body bags don't make the news anymore in case you haven't noticed.

Yeah but you know you start it up pretty -- Just look at New England you know enough for these counties start haven't sued 34 people. You know people that you tell people that recover all the stuff like that dead and they're new they're no dude you know after what ten years this war idea he obviously can -- have a clue what to do about it. Now that's not gonna work formality.

I you know I I hope something well or will bring him down I mean it's I saw today in the Rasmussen poll he's at 12% deficit. Meaning -- 40% of the people now have a the keys -- a terrible job at 28% think he's doing a great job so that's his 12% deficit that's as high as it's spent. -- been that high a couple of days in his entire run nine months so far nine months to see more like nine years topic. 187746943220. Steve you're next with Howie -- go ahead stave.

Hey -- a day doesn't it well listen Leo since. Oddities as anybody talked about the Federal Reserve. I I'm not a conspiracy. Theorist but I I think we're putting forth here is that the reason why or in the economic you know that -- Is because of money where is so cheap for so long spent so many people and so only businesses to. Got credit that they never should've gotten. And done.

They bought they -- it's so the price it was artificially. Inflated for all of these industries and now all of these industries. All money I worked very very familiar with the phenomena in the radio industry that these these idiotic companies bought radio stations that are probably worth two or three million dollars for thirty million box or other stock having to pay it off. And they and the stations are even making any money any more they can even pay off that debt service let alone or try to worked on the principle all the companies are going under next year or --

Well you Leo he would have been so you're this is tapped to. To -- keep inflation at bay but in the process of keeping inflation at bay by keeping interest rates. Town. They push inflation into the constant battle that's why -- citizens and businesses and other types of property. So they've -- So much they can go back and ally it no matter what governments in place they always had actually spent much of the back together and but that is.

But there's never been a government like this even even during the new deal you know that that was just this crazy and AM apparently. The only just solution they have -- to keep print money.

Yeah yeah well what is -- one I mean they wouldn't we -- see the people the White House they all certainly look old enough to remember the late 1970s. You know you remember the late 1970 site now stagflation. So much fun was it now. I am I data we will look at that much worse form of that as the as the years go by now.

Oh I think so I I I think I think we're really setting ourselves up for repeating the whole seven these stagflation. Cycle.

Yeah thanks for the call Stapleton -- 877469432218774694322. -- So markets going down today because they're they wish pockets again -- the you weren't unexpected. As the housing starts were unexpectedly low -- unexpected by home. Who who thought that the housing industry was up making a world bust a comeback. All these people or underwater on their mortgages because of what Steve just said you know people was the the inflation was built into the into the assets and and and now will be -- Real value of the houses and the businesses is it is. This coming into play and even though you. Have a have a mortgage for 500000. Your house is only worth a lot Arnold 350000. That's a problem. There's a way to solve that problem individually. You walked away 89 and.

18774694322. -- here next with how Lloyd -- go ahead Betty.

Well wait I was okay bush and -- crush them because I think complain that there really -- he realized that. The problems eleven dependent only upon the political perspective of the present its complaint that you know I think -- you know different from my perspective. The wind seems to be placed on this so called evil Republican rule that we don't have all these years actually came in and actually everything that the Democrats wanted to ask you don't.

Right including the sub prime mortgages bush bush and the Republicans didn't fight hard enough for the Democrats wanted to preserve this giant Ponzi scheme that was going on and look -- where let us. That was the that was them the match but it does set off a good. The recession bomb somehow -- car.

All.

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